30-Oct-2026 11:23:48
HUHTAMAKI INDIA Q3 2026: REVENUE UP 23.7% YOY; ₹9.6 CR RESTRUCTURING COST IMPACTS PROFIT, FOCUS ON COST OPTIMISATION
• Revenue Growth: Net sales increased 23.7% YoY to ₹748.1 Cr, supported by healthy volume growth and pricing adjustments offsetting raw material inflation • Profitability: EBITDA increased 1.2% YoY to ₹65.6 Cr, while net profit declined 19.1% YoY to ₹29.7 Cr • Margin Pressure: EBITDA margin declined to 8.8% from 10.7% YoY, reflecting pressure on operating profitability despite strong revenue growth • Restructuring Plans: Company recognised ₹9.6 Cr exceptional restructuring cost for closure of its Baddi plant to improve operational efficiency and reduce costs • Underlying Performance: EBIT before exceptional items stood at ₹52.1 Cr, broadly flat YoY but up 18% on a comparable basis excluding one-time items • 9-Month Performance: Revenue increased 15.7% YoY to ₹2,070.4 Cr, EBITDA grew 24.6% to ₹204.2 Cr and PAT increased 12.8% to ₹99.1 Cr • Cost Optimisation: Focused on manufacturing footprint optimisation, operational efficiency and cost savings to strengthen long-term competitiveness • Renewable Energy Expansion: Captive solar generation commenced at Khopoli in August 2026, increasing renewable electricity share to 22% during Q3 • Sustainability Plans: Finalised decarbonisation roadmap for 2030 emission-reduction commitments, alongside energy-efficiency programmes across manufacturing facilities • Product Innovation: Developing recyclable mono-material packaging, foil-free high-barrier laminates and lightweight packaging solutions to improve sustainability and material efficiency • Future Outlook: Focus remains on maintaining volume growth, protecting margins, improving cost efficiency and strengthening sustainable packaging solutions; no quantified revenue, margin or fresh capex guidance disclosed
HUHTAMAKI INDIA LIMITED