In 2018, it suffered from extra provisioning on account of income tax and interest. However, from Q4 CY 18, most issues have been settled down and delivered vigorous Q1 CY19 results. Forthcoming, it expects top line to grow at 10-12 % and likely to see 60-80 Bps ramp up in operating margin in the next two years. But, the margin growth depends on upcoming monsoon, scenario of FMCG sector and volatility in crude oil prices. Increasing capacity utilization to a maximum of 80-85 %, improving demand for flexible packaging, and NASP initiatives would enable to...

Income from operations grew by 7% q-o-q in Q3CY17 suggesting rebound in sales after offtake was marred by impact of demonetization and GST in first two quarters of current fiscal; partial impact also felt in Q3CY17. However, HPPL's revenue witnessed degrowth of 2.1% in Q3CY17 (y-o-y). For the same period, other income fell by 49.6% q-o-q- and 62% y-o-y. The sales volume growth in Q3 was in sync with its value growth. HPPL's raw material to sales ratio reduced by 128 bps q-o-q and 227 bps yo-y to 66% owing to lower raw material prices that prevailed in Q3CY17. During the same period, other expenses were kept under reasonable...

Net sales were hit negatively by 2.2% & 2.8% in Q1CY17 as compared to previous quarter and same quarter of the last year respectively. HPPL reported a volume de-growth of 6% & 2% in Q1CY17 as compared to Q4CY16 & Q1CY16 respectively. Again, for the same period other income increased by 16% & 41% respectively. In Q1CY17 raw material to sales ratio moved up by 300bps to 67.3% last quarter (y-o-y) but declined 60bps (q-o-q) as the company managed to pass on some increase in cost last quarter. Thanks to recent surge in...

Huhtamaki PPL (HPPL) reported disappointing numbers for Q1CY17 with a revenue and PAT de-growth of 2.6% and 52.6% (significantly below our estimates), impacted by demonetization and continued slowdown in the FMCG industry. EBITDA margins declined sharply by 471bps YoY to 10.3%.

Huhtamaki PPL Ltd (HPPL) is India's leading manufacturer of primary consumer packaging and labelling materials, offering a wide portfolio of packaging solutions that include flexible packaging, labelling technologies, specialized cartons, tube laminates, holographic solutions, etc. HPPL is 68.77% owned by global packaging major, Huhtamaki Oyj, Finland.

Huhtamaki PPL is a leader in the flexible consumer packaging sector serving various large and mid corporate players in the FMCG business. HPPL offers a wide portfolio of packaging solutions that include flexible packaging,...

Huhtamaki PPL (erstwhile Paper Products Ltd), is one of the leading global flexible packaging companies in India. It offers wide range of technologically superior packaging solutions in flexibles, lables and cartons to cater to specific requirements under different product categories from food, beverage, personal, homecare, tube laminates, pharma & medical market segments. The company exports to African...

In FY15, HPPL acquired 100% of Positive Packaging IndustriesLimited, India (PPIL). PPIL is well established in this packaging market with better technology, well established infrastructure and good customer base. Entry into new markets and synergy benefits are expected to push the growth of the company.