Huhtamaki India (509820) Q1 2025 earnings summary

Executive summary

• Q1 CY2025/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 efficiencies.

• Profit before tax and EPS showed resilience, with PBT before exceptional items at INR 340.5 million and EPS at INR 3.46, despite a challenging market.

• Focus remains on manufacturing efficiencies, profitability, and sustainable packaging leadership under Strategy 2030.

Financial highlights

• Revenue for Q1 CY2025 was INR 5,930.4 million, flat year-over-year and down 1% sequentially.

• EBITDA stood at INR 497.5 million, up 0.8% year-over-year and 55% sequentially, with margin at 8.4%.

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

• Net profit was INR 261.5 million, nearly unchanged year-over-year.

• Basic and diluted EPS after exceptional items was INR 3.46.

Outlook and guidance

• Management continues to focus on operational efficiencies, profitable volume growth, and sustainable packaging leadership.

• Sustainability initiatives and capital investments are expected to drive long-term value.