Huhtamaki India Reports Stellar Q2 2026: Net Profit Jumps 75% to ₹43.7 Crore on Strong Demand

Flexible packaging solutions provider Huhtamaki India Limited (NSE: HUHTAMAKI, BSE: 509820) announced its unaudited financial results for the second quarter (Q2) and half-year (H1) ended June 30, 2026.

Driven by robust volume expansion and improved operational efficiencies, the company posted a 23.1% year-on-year surge in net sales for Q2 2026, accompanied by a 71.8% jump in EBIT before exceptional items.


Consolidated Q2 2026 Highlights (Quarter Ended June 30, 2026)

(All financial figures in ₹ Millions, unless specified otherwise)

Net Sales (Sale of Products & Services): Reached ₹7,286.0 million (₹728.6 crore), up 23.1% Y-o-Y compared to ₹5,919.4 million in Q2 2025 and up 22.7% sequentially over Q1 2026 (₹5,936.3 million).

Total Revenue from Operations: Stood at ₹7,500.2 million, compared to ₹6,122.3 million in Q2 2025.

EBIT (before exceptional items): Rose 71.8% Y-o-Y to ₹622.0 million, up from ₹362.0 million in Q2 2025.

Profit Before Tax (PBT): Expanded 76.0% Y-o-Y to ₹587.9 million, compared to ₹334.0 million recorded in Q1 2025.

Net Profit After Tax (PAT): Surged 75.3% Y-o-Y to ₹437.3 million (₹43.73 crore), compared to ₹249.4 million in Q2 2025 and ₹256.0 million in Q1 2026.

Earnings Per Share (EPS): Basic and Diluted EPS increased to ₹5.79 per equity share (face value ₹2/- each) from ₹3.30 in Q2 2025.

H1 2026 Cumulative Performance (Six Months Ended June 30, 2026)

For the first half of fiscal year 2026, Huhtamaki India demonstrated consistent momentum across core product lines:

Net Sales: Rose 11.6% Y-o-Y to ₹13,222.3 million (₹1,322.2 crore), compared to ₹11,849.8 million in H1 2025.

Total Revenue from Operations: Expanded to ₹13,631.2 million from ₹12,221.6 million in H1 2025.

H1 EBIT (before exceptional items): Surged 37.5% Y-o-Y to ₹1,007.0 million, reflecting disciplined cost control and portfolio optimization.

Profit After Tax (PAT): Rose 35.7% Y-o-Y to ₹693.3 million, compared to ₹510.9 million in H1 2025.

H1 Basic & Diluted EPS: Reached ₹9.18 per share against ₹6.76 in H1 2025.

Expense Breakdown & Financial Position (Q2 2026)

Total operational expenses for Q2 2026 stood at ₹6,925.3 million, compared to ₹5,857.9 million in Q2 2025:

Cost of Materials Consumed: ₹5,222.7 million (vs. ₹4,016.0 million in Q2 2025).

Employee Benefit Expenses: Controlled at ₹696.9 million (down from ₹711.7 million in Q2 2025).

Depreciation & Amortization: ₹142.8 million.

Finance Costs: Stood low at ₹33.7 million.

Other Expenses: ₹1,086.7 million (vs. ₹970.1 million in Q2 2025).

Capital Base: Paid-up equity share capital stood at ₹151.1 million, with Other Equity reported at ₹12,784.2 million.

Commenting on the performance, Mr. Kamal Taneja, Managing Director, said: The company reported robust sales performance in Q2 2026 and H1 2026, supported by strong volume growth as well as pass through of higher pricing to mitigate raw material cost inflation. EBIT increased during both periods, benefiting from volume leverage, an improved product mix, and operational efficiency gains, despite the impact of certain non-recurring charges and geo-political challenges. Aligned with its global strategic priorities, the company continued to emphasize profitable growth, disciplined capital allocation, and a strong culture of accountability.

As a part of Huhtamaki Strategy 2030, our ambition is to be the first choice in sustainable packaging solutions.

Shares of Huhtamaki India Limited was last trading in BSE at Rs. 249.70 as compared to the previous close of Rs. 238.25. The total number of shares traded during the day was 119077 in over 1868 trades.

The stock hit an intraday high of Rs. 252.00 and intraday low of 239.80. The net turnover during the day was Rs. 29171929.00.

Source : Equity Bulls

Keywords

HuhtamakiIndia INE275B01026 Q2CY26 Q2CY2026 H1CY26 H1CY2026 ResultUpdate