AnnouncementAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Change in Management 19 Aug - Ms. Akanksha Kandoi appointed Company Secretary and Compliance Officer effective August 24, 2026.
Source: Bse
Huhtamaki India Limited (HUHTAMAKI)
Small CapIndustrials stocks · Small cap · NSE
Huhtamaki India Limited operates in Flexible Packaging, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result21 Jul, 08:56 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens
Trend score and candlestick chart
51NeutralSMA20 -8.9% / mo · MACD +
Stock trend: 51
Sector RS: 50
Sector 3M: -6.3% vs Nifty 500 -5.6%
Industrials FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
HUHTAMAKID candles · FIT view+33.9%Latest close ₹237.38 on 2026-10-19
Bar
+0.1%
RSI
48
MACD hist
1.57
52W pos
49%
2026-10-19O ₹237.20H ₹262.78L ₹232.46C ₹237.38Vol 23.2L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
HUHTAMAKINifty India ManufacturingNifty 500
- HUHTAMAKI
- -5.0%
- Nifty 500
- -5.6%
- Nifty India Manufacturing
- -5.8%
- Vs Nifty 500
- +0.6 pp
Chart stats
19 Oct 2026- From 52W high
- -28.1%
- 52W range position
- 49%
- ATR (14)
- 4.7%
- Volume vs 20D
- 20.63x
- Avg traded value
- ₹5.3 Cr
- 20D price channel
- ₹222.5 - ₹262.8
₹330
₹148.6 - ₹330
₹11
Latest completed session
20-session average
37.9% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · OVERVALUED27
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent100
Revenue +22.6% · PAT +76.0% YoY
Technical
Neutral51
Price trend and sector-relative-strength timing.
Valuation
Legacy model-247.7%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence77
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Excellent · 100/100Rev +23% YoY · PAT +76% YoY · margin expansion · +22% QoQ · operating leverage
Filed 21 Jul 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹750 Cr | +22.6% | +22.4% |
| EBITDA | ₹75 Cr | +74.4% | +87.5% |
| Operating margin | 10.0% | +300 bps | +300 bps |
| PAT | ₹44 Cr | +76.0% | +69.2% |
| PAT margin | 5.9% | +179 bps | +163 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 20.30
- P/B
- 2.45
- EV/EBITDA
- 6.28
- Market Cap
- 1715.00Cr
Profitability
- ROE
- 13.00%
- ROCE
- 17.60%
- ROA
- 5.38%
- Dividend Y
- 0.88%
Growth (CAGR)
- Revenue 5Y
- -3.00%
- EPS 5Y
- -3.00%
- Revenue 3Y
- 31.00%
- EPS 3Y
- 20.00%
Balance Sheet
- Debt/Equity
- 0.60
- Interest Coverage
- 7.48×
- Altman Z
- 3.57
- Book Value
- 93.10
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 2/5
- OCF
- 94.00 Cr
- EPS TTM
- 11.63
Shareholding
- Promoter Hold
- 67.73%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 44%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 750+22.3% vs prev
Net Profit
₹ CrLatest: 44.0+69.2% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term uptrend intact. RSI 48. Wait for confirmation.
- Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
- SMA20 falling (~9.7% over last month) — short-term momentum negative.
- RSI(14) at 48 — rising, no extreme reading.
- MACD above signal, histogram expanding — bullish momentum building.
- 28% off 52W high · 60% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
67
RS percentile
Stage 2 UptrendEstablished S2
1M return
-3.1%
3M return
-5.0%
6M return
+25.0%
1Y return
-7.7%
RS 1D
0
RS 20D
-8
Sector rank
#2
Industry rank
#12
Stage evidence
- Price is 10.3% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +4.2%.
50-DMA
price below
200-DMA
price above
S2 entered
22 Jul 2026
S2 age
62 trading sessions
Sector
leading
Industry
leading
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 106.58-0.29%
RS vs Nifty 500107
Valuation & peers
U-Score 27 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 27 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation5/30
Growth1/25
Quality6/20
Balance Sheet8/15
Cash Flow2/10
Piotroski
8/9 (+5)
Penalties
0
Raw sum
27
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
27/100 · legacy band OVERVALUED
Positive drivers
- Piotroski is strong at 8/9.
- Balance sheet contributes 8/15 to the score.
- Quality contributes 6/20 to the score.
Main drags
- Fair-value margin of safety is negative at -247.7%.
- Growth is weaker at 1/25; verify the latest quarterly trend.
- Valuation is weaker at 5/30; verify the latest quarterly trend.
Sector valuation model
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
20.3
PB
2.5
EV/EBITDA
6.3
ROE
13.0%
ROCE
17.6%
FCF Yield
—
Debt/Equity
0.6
MoS
-247.7%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
27
Previous: 27
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-247.7%
Previous: -247.7%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
27
27
27
27
27
27
27
27
27
27
27
27
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹156.08
-52.1% MoS
Growth-justified P/E
5.9
Growth-justified Value
₹68.27
-247.7% MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
COSMOFIRST
Small
COSMO FIRST LIMITED
Packaging
match 91
37
12.6
10.4%
-177%
WATCHLIST
JINDALPOLY
Small
Jindal Poly Films Limited
Packaging
match 87
16
48.0
-1.0%
-1088%
OVERVALUED
POLYPLEX
Small
Polyplex Corporation Limited
Packaging
match 81
32
20.6
0.5%
-2161%
WATCHLIST
RPPL
Small
Rajshree Polypack Limited
Packaging
match 80
34
6.8
10.0%
-35%
WATCHLIST
NAHARPOLY
Small
Nahar Poly Films Limited
Packaging
match 80
70
7.6
9.3%
+31%
UNDERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Huhtamaki India Limited operates in Flexible Packaging, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
77Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 83rd percentile of the scored universe and 83rd percentile within Industrials. No major sub-score weakness stands out.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
73 docs text-extracted · 43 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
83rd percentile
overall median 67 · Industrials: 83rd pctile, median 68 · Small: 86th pctile, median 66
Evidence depth
Financial-only
73 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
60
acceptable · capital discipline
Results
74
acceptable · quarterly consistency
Trust positives
- ▸Promoter holding is 67.7%.
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 4.3%.
- ▸9 years of positive FCF.
Trust risks
- ▸3 older quarters in the 8-quarter window had PAT decline worse than 25% YoY.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Huhtamaki India Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Credit rating
Announcement under Regulation 30 (LODR)-Credit Rating 12 Aug - CRISIL reaffirmed Huhtamaki India’s Rs 88 crore bank facilities at Crisil AA-/Stable.
Source: Bse
Concall transcriptJul 2026
Jul 2026 · Transcript
Source: Bse
Investor presentationJul 2026
Jul 2026 · PPT
Source: Bse
AnnouncementJul 2026
Jul 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 2d - Huhtamaki India to host Q2CY26 earnings call on July 27, 2026 at 3:30 p.m. IST.
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 22 Jul - Publication of the unaudited financial results for the quarter ended June 30, 2026
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer 15 May - Abhijaat Sinha resigns as Company Secretary and Compliance Officer; last working day June 10, 2026.
Source: Bse
Investor presentationMay 2026
May 2026 · PPT
Source: Bse
Concall transcriptMay 2026
May 2026 · Transcript
Source: Bse
Investor presentationMay 2026
May 2026 · PPT
Source: Bse
Concall transcriptMay 2026
May 2026 · Transcript
Source: Bse
AnnouncementMar 2026
Mar 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 14 May - Publication of the unaudited financial results for the quarter ended March 31, 2026
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.