Huhtamaki India Limited - packaging in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN L21011MH1950FLC145537 Incorporated 12 June 1950 ROC Mumbai HQ Thane, Maharashtra, India
Active Listed - NSE: HUHTAMAKI · BSE: 509820 Public Limited Foreign Company Incorporated In India packaging Fortune MNC 500 · #259
Data last updated
Market Cap
₹1,633 Cr
HUHTAMAKI · NSE
Share Price
₹191.31
-11.51% today
Revenue
₹2,037 Cr
Dec 2015 · +66.3% YoY
EBITDA
₹235 Cr
Margin 11.5%
Net Profit
₹77.13 Cr
Dec 2015 · +25.8% YoY
P/E (TTM)
22.1x
P/B 2.8x
ROE
13.3%
ROCE 17.7%
Debt / Equity
0.48
Interest cover 29.7x

About Huhtamaki India Limited

Data last updated:

Huhtamaki India Limited is a public limited foreign company incorporated in india based in Thane, Maharashtra, India, a subsidiary of Huhtavefa Bv. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 12 June 1950 and has been in existence for over 76 years.

Huhtamaki India is ranked #259 on the Fortune MNC 500 India (2026).

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L21011MH1950FLC145537. Its GSTIN is 27AAACT0086E1ZL (Maharashtra). The company holds 13 GST registrations, of which 11 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 509820 and NSE: HUHTAMAKI.

The company has an authorised share capital of ₹112.8 Cr and a paid-up capital of ₹15.1 Cr. It was formerly known as Huhtamaki Ppl Limited and The Paper Products Limited. It is led by directors including Kamal Taneja (Managing Director) and Vinit Mahadevan (Whole-Time Director).

Its last annual general meeting (AGM) was held on 08 May 2026, and its latest financial statements are for the year ended 31 December 2025. The registered office is at Thane, Maharashtra.

As per the latest standalone financials for FY 2024-25, the company reported a revenue of ₹2,469.41 Cr, a decline of 2.1% compared to the previous year. For the same year it recorded a net profit of ₹111.48 Cr (net margin 4.5%) and EBITDA of ₹191.57 Cr (EBITDA margin 7.8%). The net worth stands at ₹1,293.53 Cr (up 8.4% YoY). Total assets are valued at ₹1,457.8 Cr (up 6.7% YoY).

The company has about 2,582 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Huhtamaki. As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹361.02 Cr on record. Court records list 84 cases involving the company, including 38 filed by the company and 46 filed against it; 25 cases are pending. The company has 23 deals on record (21 market trades, 1 funding round, 1 debt financing), with disclosed funding of ₹519.41 Cr; the latest was in July 2026. Its 7 peer companies in the Packaging industry (Industrial Packaging), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 3 larger and 4 smaller; the largest is Tetra-Pak India Private Limited with revenue of ₹4,494.53 Cr. The company has 20 MSME Form 1 returns on record between 2018 and 2024, listing 13,766 overdue payments to 762 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website huhtamaki.com.

Company details

CIN L21011MH1950FLC145537
Registration Number 145537
Incorporation Date 12 June 1950
ROC Mumbai
Listing Status Listed - Listed on NSE (HUHTAMAKI); Listed on BSE (509820)
Company Status Active
Date of Last AGM 08 May 2026
Date of Balance Sheet 31 December 2025
Parent Company Huhtavefa Bv
Compliance Status Active Compliant

Name history

Huhtamaki India has undergone 3 name changes throughout its history. The company was previously known as Huhtamaki Ppl Limited, The Paper Products Limited, and Huhtamaki India Limited. The current legal name is Huhtamaki India Limited.

Company NameStatus
Huhtamaki India LimitedCurrent
Huhtamaki Ppl LimitedPrevious
The Paper Products LimitedPrevious

CIN history

Huhtamaki India has one previous CIN (Corporate Identification Number): L21011MH1950PLC145537. The current CIN is L21011MH1950FLC145537, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L21011MH1950FLC145537Current
L21011MH1950PLC145537Previous
Key People
Kamal Taneja Managing Director Vinit Mahadevan Whole-Time Director Ramya Mohan Whole-Time Director

Recognitions & Rankings of Huhtamaki India

Fortune MNC 500 India 2026 edition
Rank#259
Total income
₹2,568 Cr
Profit
₹88 Cr
Last year #221

Contact details

Huhtamaki India Limited's registered office is in Thane, Maharashtra. Its website is huhtamaki.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    7th Floor Bellona, The Walk Hiranandani Estate Ghodbunder Road, Thane, Maharashtra, India – 400607
  • Industry
    Packaging, Industrial Packaging Solutions

To see the full contact details of Huhtamaki India Limited, buy the company report.

Comprehensive company report
Huhtamaki India Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Huhtamaki India operates one associated brand: Huhtamaki. Each brand links to its own profile.

BrandDescriptionWebsite
Consumer and food packaging products are manufactured globally.huhtamaki.com

Financials of Huhtamaki India Limited

FY 2024-25 filings available

Huhtamaki India Limited reported revenue of ₹2,469.41 Cr (down 2.1% YoY) for FY 2024-25.

Financial Highlights

Dec 2015 · Consolidated
Revenue
₹2,037 Cr
+66.3% YoY
EBITDA
₹235 Cr
+96.0% YoY
Profit After Tax
₹77.13 Cr
+25.8% YoY
Net Worth
-
Total Assets
-
Total Debt
-

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsDec 2015Dec 2014Dec 2013Dec 2012
Income statement
Revenue2,0371,2251,086901
Revenue growth+66.3%+12.9%+20.5%-
EBITDA23512011590.42
EBITDA margin+11.5%+9.8%+10.6%+10.0%
Profit before tax11687.6180.7561.73
Net profit77.1361.3051.1445.02
Net profit margin+3.8%+5.0%+4.7%+5.0%
EPS (₹)10.018.608.496.77
Balance sheet
Cash flow
MetricsDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income statement
Revenue2,4692,5212,5492,9832,6252,4632,599
Revenue growth-2.1%-1.1%-14.5%+13.6%+6.6%-5.2%-
EBITDA19211815615878.85235294
EBITDA margin+7.8%+4.7%+6.1%+5.3%+3.0%+9.5%+11.3%
Profit before tax15811750055.93(31.57)118202
Net profit11160.3512446.602.3593.80162
Net profit margin+4.5%+2.4%+4.9%+1.6%+0.1%+3.8%+6.2%
EPS (₹)15.6411.6454.226.57(3.00)12.7122.51
Balance sheet
Cash flow
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue750613623625612610619652
Revenue growth (YoY)+22.5%+0.5%+0.6%-4.3%-4.3%---
Other income1.3022.128.129.406.9611.695.7714.78
Total expenses675573568569570571593634
EBITDA75.1439.9654.0255.4842.5938.7326.1018.08
EBITDA margin+10.3%+6.7%+9.0%+9.2%+7.2%+6.5%+4.3%+2.8%
Depreciation14.2823.5113.5812.8113.0912.6813.8212.19
Interest3.373.537.582.903.063.022.964.82
Profit before tax58.7935.0440.9849.1733.4034.7215.0915.85
Tax15.069.4410.6812.408.468.573.404.14

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 27 Oct 2026
ParticularsDec 2015Dec 2014Dec 2013Dec 2012
Revenue2,0371,2251,086901
Revenue growth+66.3%+12.9%+20.5%-
Other income14.2415.5311.958.26
Total expenses1,8031,106970810
Employee cost17792.2584.1070.98
EBITDA23512011590.42
EBITDA margin+11.5%+9.8%+10.6%+10.0%
Depreciation90.5343.8642.0235.65
Interest42.853.854.391.30
Profit before tax11687.6180.7561.73
Tax36.8919.1122.9316.61
Net profit77.1361.3051.1445.02
Net profit margin+3.8%+5.0%+4.7%+5.0%
EPS (₹)10.018.608.496.77
ParticularsDec 2015Dec 2014Dec 2013Dec 2012
Growth
Sales growth+66.3%+12.9%+20.5%-
EBITDA growth+96.0%+4.0%+27.4%-
PBT growth+32.0%+8.5%+30.8%+9997.0%
Net income growth+25.8%+19.9%+13.6%-
Revenue CAGR (3Y)+31.3%---
EBITDA CAGR (3Y)+37.4%---
Profitability & leverage
Net income margin+3.9%+5.6%+5.3%+5.0%
Return on capital employed+17.7%+17.5%+19.8%+14.9%
Return on net worth+13.3%+14.4%+15.2%+12.2%
Debt / equity0.480.090.130.14
Long-term debt / equity0.400.080.100.09
Interest cover29.715.076.002.37
Efficiency & per share
Fixed asset turnover1.982.102.001.69
Inventory turnover17.2713.6812.7310.85
Debtors turnover6.615.776.306.05
EPS (₹)10.018.608.496.77
Dividend per share (₹)2.802.802.802.60
Book value per share (₹)84.7077.6661.9056.18
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue750613623625612610619652
Revenue growth (YoY)+22.5%+0.5%+0.6%-4.3%-4.3%---
Other income1.3022.128.129.406.9611.695.7714.78
Total expenses675573568569570571593634
EBITDA75.1439.9654.0255.4842.5938.7326.1018.08
EBITDA margin+10.3%+6.7%+9.0%+9.2%+7.2%+6.5%+4.3%+2.8%
Depreciation14.2823.5113.5812.8113.0912.6813.8212.19
Interest3.373.537.582.903.063.022.964.82
Profit before tax58.7935.0440.9849.1733.4034.7215.0915.85
Tax15.069.4410.6812.408.468.573.404.14
ParticularsDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Revenue2,4692,5212,5492,9832,6252,4632,599
Revenue growth-2.1%-1.1%-14.5%+13.6%+6.6%-5.2%-
Other income36.1764.5242417.239.378.0216.74
Total expenses2,2782,4032,3932,8252,5462,2282,305
Employee cost259254255254258276252
EBITDA19211815615878.85235294
EBITDA margin+7.8%+4.7%+6.1%+5.3%+3.0%+9.5%+11.3%
Depreciation52.1647.4849.1586.0592.1697.9386.93
Interest17.3118.1731.1832.9527.6327.0322.57
Profit before tax15811750055.93(31.57)118202
Tax40.1128.8790.416.29(8.88)21.6031.54
Net profit11160.3512446.602.3593.80162
Net profit margin+4.5%+2.4%+4.9%+1.6%+0.1%+3.8%+6.2%
EPS (₹)15.6411.6454.226.57(3.00)12.7122.51
ParticularsDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Growth
Sales growth-2.1%-1.1%-14.5%+13.6%+6.6%-5.2%-
EBITDA growth+62.4%-24.5%-0.9%+100.0%-66.4%-20.3%-
PBT growth+35.5%-76.6%+794.1%+9998.0%--41.7%+77.5%
Net income growth+84.7%-51.5%+166.9%+1883.0%-97.5%-42.0%-
Revenue CAGR (3Y)-6.1%-1.3%+1.2%+4.7%+3.5%+4.9%+6.0%
EBITDA CAGR (3Y)+6.7%+14.4%-12.7%-18.8%-29.3%+2.1%+5.9%
Profitability & leverage
Net income margin+4.8%+3.5%+16.1%+1.7%-0.9%+3.9%+6.5%
Return on capital employed+12.4%+7.0%+12.3%+7.7%+2.2%+14.0%+22.9%
Return on net worth+9.5%+5.2%+13.0%+6.7%+0.3%+13.1%+27.1%
Debt / equity0.120.170.350.560.470.390.54
Long-term debt / equity0.110.170.260.340.29-0.87-0.83
Interest cover12.4225.7829.1245.99-207.5919.7910.88
Efficiency & per share
Fixed asset turnover2.102.312.522.942.632.763.26
Inventory turnover10.839.698.989.249.1111.9913.19
Debtors turnover4.394.504.214.634.514.274.37
EPS (₹)15.6411.6454.226.57(3.00)12.7122.51
Dividend per share (₹)2.002.005.002.001.003.003.00
Book value per share (₹)171.22157.98152.28100.1994.77101.2592.30

To see the full year-wise statements and ratios of Huhtamaki India Limited, buy the company report.

Board of directors of Huhtamaki India Limited

Huhtamaki India has 8 current directors and 39 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Murali SivaramanDirector01 Jan 20197 Years 9 MonthsCurrent
Ashok Kumar BaratDirector01 Apr 20206 Years 6 MonthsCurrent
Seema Modi JayeshDirector01 Jan 20206 Years 9 MonthsCurrent
Axel GladeAdditional Director15 Oct 20251 Years 0 MonthsCurrent
Thomas GeustAdditional Director14 Nov 20250 Years 11 MonthsCurrent
Kamal TanejaManaging Director16 Jan 20260 Years 9 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Peer comparison

Huhtamaki India Limited is compared with the 7 companies closest to it by revenue in the Packaging industry (Industrial Packaging), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Tetra-Pak India Private Limited₹4,494.53 Cr (FY 2025)3.0%Chakan, Maharashtra, India
PGP Glass Limited₹4,278.01 Cr (FY 2025)4.0%Mumbai, Maharashtra, India
JPFL Films Private Limited₹3,948.94 Cr (FY 2025)41.0%New Delhi, Delhi, India
Huhtamaki India Limitedthis company₹2,469.41 Cr (FY 2025)₹111.48 Cr4.5%-2.1%2,582Thane, Maharashtra, India
Montage Enterprises Private Limited₹2,341.88 Cr (FY 2024)-12.0%Delhi, India
Satyendra Packaging Limited₹2,292.57 Cr (FY 2025)18.0%Anand, Gujarat, India
Signode India Limited₹1,813.26 Cr (FY 2024)3.0%Hyderabad, Telangana, India
TCPL Packaging Limited₹1,784.59 Cr (FY 2025)15.0%Mumbai, Maharashtra, India

To see the full peer comparison of Huhtamaki India Limited, buy the company report.

Auditor

Huhtamaki India Limited is audited by B S R & Co. LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
B S R & Co. LLPFY 2023101248W/W-100022

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 67.70%, foreign institutional investors hold 0.70%, domestic institutional investors hold 1.00% and retail and other public shareholders hold 30.60%.

Promoters: 67.70%DII (Domestic Institutional): 1.00%FII (Foreign Institutional): 0.70%Retail & Others: 30.60%
Sep 2026
QUARTER
67.70% Promoters
1.00% DII (Domestic Institutional)
0.70% FII (Foreign Institutional)
30.60% Retail & Others
Promoter holding - history
Now 67.70% · Sep 2026High 67.70% · Dec 2025Low 67.70% · Dec 2025
66%66.8%67.5%68.3%69%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 67.70%Mar 2026: 67.70%Jun 2026: 67.70%Sep 2026: 67.70%67.70%67.70%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters67.70%67.70%67.70%67.70%
Public32.30%32.30%32.30%32.30%

Charges & borrowings

Open charges
₹5 Cr
Satisfied charges
₹361.02 Cr
Breakdown by lending institutions
Others₹5.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Sep 2024100985772Others₹5 CrOpen
04 Oct 201410525318Sbicap Trustee Company Limited₹325.12 CrSatisfied
22 Sep 199580060051Punjab & Sind Bank₹8 CrSatisfied
18 Feb 198980060052Punjab & Sind Bank₹27.9 CrSatisfied

To see the full charge records of Huhtamaki India Limited, buy the company report.

Total charge records: 4 View all charges

Deals & funding

Huhtamaki India Limited has 23 deals on record (21 market trades, 1 funding round, 1 debt financing), with disclosed funding of ₹519.41 Cr; the latest was in July 2026.

Total deals
23
Market trades
21
Funding round
1
Debt financing
1
Disclosed funding
₹519.41 Cr

Deals on record (5 of 23)

To see the full deal history of Huhtamaki India Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Huhtamaki India Limited was last rated by Crisil on 29 Apr 2021.

Rating agencyRated onRating
Crisil29 Apr 2021

To see the full credit ratings and regulatory alerts of Huhtamaki India Limited, buy the company report.

MSME payment delays

Huhtamaki India Limited has 20 MSME Form 1 returns on record between 2018 and 2024, listing 13,766 overdue payments to 762 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 762)

SupplierAmount dueDue sinceReported on
Evershine Cargo Movers (Bombay) Private Limited
Kalayatan Cargo & Logistics Private Limited
an individual supplier
an individual supplier
an individual supplier

To see the full MSME payment records of Huhtamaki India Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Huhtamaki India Limited has a workforce of 2,582 employees on its EPFO records as of Apr 08, 2024, across 14 active EPFO establishments.

Employee count
2,582
Active EPFO establishments
14
Employee growth
-12.21%

GST

Huhtamaki India has 13 GST registrations: 11 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
13
Active
11
Cancelled / inactive
2
GSTINStateStatusRegistered on
27AAACT0086E1ZLMaharashtraActive01 Jul 2017
27AAACT0086E2ZKMaharashtraActive02 Jul 2017
02AAACT0086E1ZXHimachal PradeshActive01 Jul 2017
05AAACT0086E1ZRUttarakhandActive01 Jul 2017

To see the full GST registrations and return filing status of Huhtamaki India Limited, buy the company report.

Recent activity

Huhtamaki India Limited has 79 board changes on record since 1992: 45 appointments and 34 cessations. The latest: Ramya Mohan was appointed as Whole-Time Director on 18 Mar 2026.

AGM
Huhtamaki India Limited last Annual general meeting of members was held on 08 May 2026 as per latest MCA records.
Appointed
Ramya Mohan was appointed as Whole-Time Director.
Appointed
Vinit Mahadevan was appointed as Whole-Time Director.
Appointed
Kamal Taneja was appointed as Managing Director.
Filing
Huhtamaki India Limited has filed its annual Financial statements for the year ended 31 Dec 2025 with Roc Mumbai Ii.
Ceased
Jagdish Prasad Agarwal ceased to be Whole-Time Director.
Appointed
Thomas Geust was appointed as Additional Director.
Appointed
Axel Glade was appointed as Additional Director.
Ceased
Stefan Lotz ceased to be Director.
Ceased
Marco Hilty ceased to be Director.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100985772 was registered on 20 Sep 2024.
Appointed
Abhijaat Akhilesh Sinha was appointed as Company Secretary.

79 earlier events are in the company report.

News

HUHTAMAKI: Q2 SL NET PROFIT 297M RUPEES VS 368M (YOY)
27 Oct 2026 · Exchange Update
HUHTAMAKI: Q2 EBITDA 597M RUPEES VS 555M (YOY); Q2 EBITDA MARGIN 7.77% VS 9% (YOY)
27 Oct 2026 · Exchange Update
HUHTAMAKI: Q2 REVENUE 7.7B RUPEES VS 6.2B (YOY)
27 Oct 2026 · Exchange Update

Frequently asked questions

Huhtamaki India is an active public limited foreign company incorporated in india based in Thane, Maharashtra, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 12 June 1950 (76+ years old) and is registered under CIN L21011MH1950FLC145537. Listed on BSE: 509820 and NSE: HUHTAMAKI.

Huhtamaki India reported revenue of ₹2,469.41 Cr for FY 2024-25 (down 2.1% YoY) based on standalone financials.

Huhtamaki India has 8 current directors:

The latest financial statements of Huhtamaki India on record with the MCA are for the year ended 31 December 2025. Its last annual general meeting was held on 08 May 2026. Year-wise statements from 2015 are in the company report.

The GSTIN of Huhtamaki India is 27AAACT0086E1ZL, registered in Maharashtra. The company has 13 GST registrations in all, of which 11 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAACT0086E2ZK (Maharashtra), 02AAACT0086E1ZX (Himachal Pradesh), 05AAACT0086E1ZR (Uttarakhand).

The CIN (Corporate Identification Number) of Huhtamaki India is L21011MH1950FLC145537. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Huhtamaki India is a listed company as per MCA records. Its shares are listed on both BSE (code: 509820) and NSE (symbol: HUHTAMAKI).

Huhtamaki India has 84 court cases on record: 38 filed by the company and 46 filed against it. 25 are pending. Most are in the district courts.

Huhtamaki India was incorporated on 12 June 1950, making it 76+ years old. It is registered with the Registrar of Companies, Mumbai.

Huhtamaki India has 23 deals on record (21 market trades, 1 funding round, 1 debt financing), with disclosed funding of ₹519.41 Cr; the latest was in July 2026.

The peers of Huhtamaki India by revenue are Tetra-Pak India Private Limited, PGP Glass Limited, JPFL Films Private Limited, Montage Enterprises Private Limited, Satyendra Packaging Limited and 2 more, all in the Packaging industry (Industrial Packaging), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).

Ramya Mohan was appointed as Whole-Time Director on 18 Mar 2026. Vinit Mahadevan was appointed as Whole-Time Director on 18 Mar 2026. Kamal Taneja was appointed as Managing Director on 16 Jan 2026. Huhtamaki India has 79 board changes on record in total.