Financials Huhtamaki India Limited

Equities

HUHTAMAKI

INE275B01026

Paper Packaging

Market Closed - Bombay S.E. 06:00:50 2024-05-13 am EDT 5-day change 1st Jan Change
293 INR 0.00% Intraday chart for Huhtamaki India Limited -2.71% +2.23%

Valuation

Fiscal Period: December 2019 2020 2021 2023 2024 2025 2026
Capitalization 1 18,601 23,608 17,204 21,645 22,128 - -
Enterprise Value (EV) 1 20,843 25,866 20,470 21,645 22,128 22,128 22,128
P/E ratio 10.9 x 24.6 x - 5.28 x 15.8 x 12.2 x 10.3 x
Yield - - - 1.74% 0.68% 0.68% 0.68%
Capitalization / Revenue 0.72 x 0.96 x 0.66 x 0.85 x 0.84 x 0.76 x 0.7 x
EV / Revenue 0.72 x 0.96 x 0.66 x 0.85 x 0.84 x 0.76 x 0.7 x
EV / EBITDA 6.01 x 10.1 x 15.8 x 11.1 x 10.2 x 8.14 x 6.99 x
EV / FCF 8.57 x 19.6 x -16.1 x 12.1 x -18 x 18.9 x 10.7 x
FCF Yield 11.7% 5.1% -6.21% 8.25% -5.56% 5.28% 9.31%
Price to Book 2.67 x - - 1.88 x 1.74 x 1.53 x 1.35 x
Nbr of stocks (in thousands) 75,522 75,522 75,522 75,522 75,522 - -
Reference price 2 246.3 312.6 227.8 286.6 293.0 293.0 293.0
Announcement Date 2/17/20 2/24/21 2/28/22 2/6/24 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2023 2024 2025 2026
Net sales 1 25,824 24,627 26,253 25,494 26,322 29,051 31,672
EBITDA 1 3,096 2,336 1,090 1,947 2,159 2,720 3,166
EBIT 1 - - - 1,456 2,054 2,593 3,015
Operating Margin - - - 5.71% 7.8% 8.93% 9.52%
Earnings before Tax (EBT) 1 2,016 - -315.7 5,000 1,862 2,429 2,878
Net income 1 1,700 959.9 -226.9 4,096 1,394 1,819 2,155
Net margin 6.58% 3.9% -0.86% 16.07% 5.3% 6.26% 6.8%
EPS 2 22.52 12.71 - 54.24 18.50 24.10 28.50
Free Cash Flow 1 2,170 1,205 -1,068 1,787 -1,231 1,169 2,060
FCF margin 8.4% 4.89% -4.07% 7.01% -4.68% 4.02% 6.5%
FCF Conversion (EBITDA) 70.07% 51.57% - 91.76% - 42.98% 65.07%
FCF Conversion (Net income) 127.59% 125.51% - 43.61% - 64.27% 95.59%
Dividend per Share 2 - - - 5.000 2.000 2.000 2.000
Announcement Date 2/17/20 2/24/21 2/28/22 2/6/24 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2023 Q1 2023 Q2 2023 Q3 2023 Q4
Net sales 1 6,687 - 6,217 - 6,037
EBITDA 1 312.8 - 399.7 - 577.2
EBIT - - - - -
Operating Margin - - - - -
Earnings before Tax (EBT) - - - - -
Net income -218.4 354.9 - 322.7 -
Net margin -3.27% - - - -
EPS -2.890 4.700 - 4.270 -
Dividend per Share - - - - -
Announcement Date 10/22/21 4/25/23 7/17/23 10/17/23 2/6/24
1INR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2023 2024 2025 2026
Net Debt 2,242 2,257 3,267 - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) 0.7242 x 0.9663 x 2.996 x - - - -
Free Cash Flow 1 2,170 1,205 -1,068 1,787 -1,231 1,169 2,060
ROE (net income / shareholders' equity) 27.1% 13.1% -3.06% 12.9% 11.5% 13.4% 14%
ROA (Net income/ Total Assets) - - - - - - -
Assets 1 - - - - - - -
Book Value Per Share 2 92.30 - - 152.0 169.0 191.0 217.0
Cash Flow per Share - - - - - - -
Capex 1 676 489 791 949 1,006 502 -
Capex / Sales 2.62% 1.98% 3.01% 3.72% 3.82% 1.73% -
Announcement Date 2/17/20 2/24/21 2/28/22 2/6/24 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
293 INR
Average target price
434 INR
Spread / Average Target
+48.12%
Consensus

Annual profits - Rate of surprise

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