Huhtamaki India (509820) Q2 2026 earnings summary

Executive summary

• Net sales for Q2 2026 reached Rs. 7,286 million, up 23.1% year-over-year, with EBIT margin at 8.5%.

• H1 2026 net sales were Rs. 13,222 million, an 11.6% increase year-over-year, with EBIT margin at 7.6%.

• EBIT before exceptional items rose 71.8% in Q2 2026 and 37.5% in H1 2026, driven by volume growth, pricing actions, and operational efficiencies.

• Management highlighted robust sales, improved product mix, and disciplined capital allocation despite non-recurring charges and geopolitical challenges.

Financial highlights

• Q2 2026 total income: Rs. 7,513.2 million; H1 2026: Rs. 13,865.4 million.

• Q2 2026 profit before tax: Rs. 587.9 million; H1 2026: Rs. 938.3 million.

• Q2 2026 net profit: Rs. 437.3 million; H1 2026: Rs. 693.3 million.

• Basic & diluted EPS for Q2 2026: Rs. 5.79; H1 2026: Rs. 9.18.

• Cash and cash equivalents at June 30, 2026: Rs. 1,852.0 million, up from Rs. 945.2 million at year-end 2025.

Outlook and guidance

• Management remains focused on profitable growth, operational efficiency, and sustainability as part of Strategy 2030.

• Forward-looking statements caution that actual results may differ due to risks and uncertainties.