Huhtamaki India Reports Strong Q2 and H1 2026 Results, Driven by Sales Growth and EBIT Improvement

Huhtamaki India Reports Strong Q2 and H1 2026 Results, Driven by Sales Growth and EBIT Improvement

Huhtamaki India Reports Strong Q2 and H1 2026 Results, Driven by Sales Growth and EBIT Improvement​

Huhtamaki India Limited has announced its unaudited financial results for the second quarter (Q2) and the first half (H1) of fiscal year 2026, showing robust performance across sales and profitability metrics. The company reported a significant increase in EBIT during both periods, attributing the success to volume leverage, operational efficiency, and improved product mix.

The Board of Directors approved the unaudited financial results, along with a Limited Review Report from the Auditors, following a meeting held on July 21, 2026.

Key Financial Highlights (Rs in Millions)​

Huhtamaki India reported substantial growth in sales and operating profitability for the period ended June 30, 2026. The key operational metrics are summarized below:

MetricQ2 Ended 30.06.2026H1 Ended 30.06.2026
Net Sales (Total Revenue from Operations)7,500.213,631.2
EBIT before exceptional item622.01,007.0
Net Profit for the Period437.3-

For the first quarter (Q2), net sales stood at Rs. 7,286 million, reflecting a 23.1% increase compared to the corresponding period of the previous year. Correspondingly, EBIT before exceptional item reached Rs. 622 million, marking a 71.8% rise compared to last year.

The first half (H1) results showed net sales reaching Rs. 13,222 million, which is an 11.6% increase over the previous corresponding period. EBIT before exceptional item for H1 stood at Rs. 1,007 million, demonstrating a 37.5% improvement year-over-year.

Financial Position and Cash Flow​

The company’s financial position remains solid as of June 30, 2026. Total Assets amounted to Rs. 22,155.2 million.

In terms of cash flow from operations for the half year ending June 30, 2026, Net Cash flows used in operating activities were (Rs. 713.6 million), compared to a net outflow of (Rs. 75.6 million) in the previous year. Net cash flows generated from investing activities totaled Rs. 1,853.3 million.

Management Perspective​

Mr. Kamal Taneja, Managing Director of Huhtamaki India Limited, commented on the performance, stating that the company demonstrated robust sales performance in Q2 and H1 2026. This positive trend was supported by strong volume growth and the successful pass-through of higher pricing to mitigate raw material cost inflation.

Mr. Taneja added that EBIT increased during both periods due to operational efficiency gains, improved product mix, and volume leverage, despite facing non-recurring charges and geo-political challenges. He affirmed the company’s commitment to profitable growth and disciplined capital allocation, aligning with Huhtamaki Strategy 2030, which aims for the company to be the first choice in sustainable packaging solutions.

Business and Segmental Overview​

Huhtamaki India Limited is a subsidiary of Huhtamäki Oyj, a global leader in sustainable packaging solutions. The company operates through its Consumer Packaging segment.

For the period ended June 30, 2026:
  • Segment Revenue (Consumer Packaging): Rs. 7,500.2 million.
  • Segment Results (Consumer Packaging): Rs. 544.2 million.
  • Total Assets: Rs. 22,155.2 million.

The company’s commitment to sustainability is central to its operations, and it continues to support a team of employees across its 10 manufacturing facilities in India.

HUHTAMAKI Stock Price Movement​

Today, Huhtamaki India Limited shares edged higher in post-market trading, gaining 4.94% to settle at ₹260.29. The climb came as more than 2.41 million shares were exchanged during the day's session.
 

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