Huhtamaki Ppl Limited has released the audio recording of its earnings conference call for the second quarter ended June 30, 2026. The recording provides investors with access to management’s commentary on the company’s financial performance and operational updates for the period. The call took place on July 27, 2026, at 3:30 p.m. IST, following the earlier intimation sent to exchanges on July 21, 2026.

The disclosure is made pursuant to Regulation 30(6) read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates that listed entities provide access to audio recordings of their earnings calls to ensure transparency and equal access to information for all stakeholders. The recording is hosted on YouTube and is also available on the company’s official website at https://www.flexibles.huhtamaki.in/ .

Key Details

The announcement was signed by Ramya Mohan, Whole Time Director of Huhtamaki India Limited, on July 27, 2026. The letter was addressed to the Listing Department of both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE), ensuring compliance with listing obligations across both platforms.

Investors and analysts are advised to refer to the audio recording for detailed insights into the company’s strategic direction, market conditions, and financial outcomes for the quarter. The availability of the recording aligns with standard corporate governance practices, allowing stakeholders to review management’s responses to analyst queries and broader economic factors impacting the flexible packaging sector.

Huhtamaki India Limited reported a robust financial performance for the second quarter of calendar year 2026 (Q2CY26), ending June 30, 2026, with net profit soaring 75.3% year-on-year to ₹437.3 crore. The growth was primarily driven by a 23.1% increase in net sales to ₹7,286.0 million, supported by a healthy mix of volume growth and pricing power that offset commodity cost pressures from the Middle East crisis. This strong operational execution resulted in expanded margins, positioning the company favorably in the flexible packaging sector.

The earnings conference call, held on July 27, 2026, at 3:30 PM IST, provided further insights into these results. Managing Director Kamal Taneja and Chief Financial Officer Amit Gupta highlighted that EBITDA rose 55.1% to ₹764.4 million, while EBIT jumped 71.8% to ₹621.6 million. These improvements reflect operational efficiencies and volume gains, although they were partially impacted by a one-time impairment charge. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance Highlights

For the first half of 2026 (H1CY26), Huhtamaki India demonstrated consistent momentum. Net sales for the period reached ₹13,222.3 million, an 11.6% increase over H1CY25. Profit before tax (PBT) excluding exceptional items grew by 77.5% to ₹587.9 million in Q2CY26 alone. The company’s earnings per share (EPS), excluding exceptional items, stood at ₹5.79, up from ₹3.27 in the corresponding quarter last year.

Balance Sheet and Cash Flow Strength

Huhtamaki India maintains a pristine balance sheet with nil net debt. As of June 2026, the company held cash and cash equivalents of ₹2,706 million, along with ₹1,253 million invested in liquid mutual funds. Unutilized fund-based limits with banks stood at ₹4,272 million, providing ample liquidity headroom. The debt-to-equity ratio remained stable at 0.1, reflecting disciplined capital allocation.

Operating working capital increased to ₹4,643 million from ₹3,051 million in December 2025, mainly due to higher inventory levels and trade receivables. Despite this, operating cash generation remained strong, supported by higher profit before tax. Net investing activities generated a cash inflow of ₹1,853 million in H1CY26, indicating lower investment deployment compared to the previous year.

What the Numbers Show

The divergence between revenue growth (+23.1%) and EBITDA margin expansion (from 8.3% to 10.5%) indicates significant operating leverage. While commodity inflation posed challenges, the company’s ability to pass on costs through pricing, combined with volume growth, drove profitability higher than top-line growth. The nil net debt position allows Huhtamaki India to pursue strategic opportunities without financial strain, reinforcing its resilience against macroeconomic uncertainties.

Sustainability Initiatives

Beyond financial metrics, Huhtamaki India emphasized its sustainability commitments. The company reported a 40% reduction in the 12-month rolling year-to-date Total Recordable Incident Rate (TRIR). Solar captive generation at the Khopoli plant is expected in Q3CY26, enhancing renewable energy usage. Multiple plants, including Khopoli, Rudrapur, and Silvassa, continue to maintain Zero Liquid Discharge (ZLD) status, underscoring the firm’s focus on water conservation and environmental stewardship.