Huhtamaki India (509820) Q4 2025 earnings summary

Executive summary

• New Managing Director Kamal Taneja introduced, bringing global packaging experience and a focus on operational efficiency and profitability improvements.

• Q4 2025 saw lower sales volumes year-over-year, but profitability improved due to a favorable sales mix and operational efficiency measures.

• Audited financial results for Q4 and FY 2025 were approved, with an unmodified audit opinion and results published.

• The company is prioritizing profitable growth, capital discipline, and accountability as its core strategic pillars for 2026 and beyond.

• Dividend of Rs. 2 per share recommended for FY 2025, subject to shareholder approval.

Financial highlights

• Q4 2025 net sales were INR 5,991.3 million, flat year-over-year; full-year net sales declined 2.5% to INR 23,890.4 million.

• Q4 2025 EBITDA rose 94.1% YoY to INR 621.4 million; EBIT up 167% YoY to INR 486 million.

• Full-year 2025 EBIT before exceptional items was INR 1,739 million, up 68% year-over-year; net profit after tax and exceptional items was INR 1,181.6 million, up from INR 880 million in 2024.

• EPS for Q4 2025 was INR 4.02; full-year basic and diluted EPS was INR 15.65.

• Full-year 2025 EBITDA margin improved to 9.5% from 6.16% in 2024.

Outlook and guidance

• Management plans to focus on competitiveness, long-term profitable growth, cost efficiency, and sustainable packaging solutions.

• Efficiency programs are ongoing to support profitability and operational improvements.

• Renewable energy generation is targeted for Q2 2026 as part of sustainability initiatives.

• Top-line growth remains a priority, but is dependent on market conditions, customer adoption, and regulatory environment.

• The company is focused on organic growth, with M&A considered opportunistically.