Huhtamaki India (509820) Q1 2025 earnings summary

Executive summary

• Q1 2025 saw flat net sales year-over-year at INR 5,930.4 million, with lower sales volumes but improved margins due to a better sales mix and operational efficiency measures.

• EBIT for the quarter was INR 370.7 million, down 7% year-over-year, but margin improved sequentially.

• Net profit was INR 261.5 million, flat year-over-year but more than double sequentially.

• Management remains focused on manufacturing efficiencies, profitability, and sustainable packaging leadership.

Financial highlights

• Revenue for Q1 2025 was INR 5,930.4 million, nearly unchanged year-over-year and down 1% sequentially.

• EBITDA stood at INR 497.5 million, up 0.8% year-over-year, with margin at 8.4%.

• EBIT was INR 370.7 million, down 7% year-over-year, with margin at 6.3%.

• Net profit for the period was INR 261.5 million, flat year-over-year.

• EPS for the quarter was INR 3.47 per share.

Outlook and guidance

• Management is confident in navigating current challenges, focusing on profitable volumes, operational efficiencies, and long-term sustainability.