Stock Analysis
Huhtamaki India First Quarter 2024 Earnings: EPS: ₹3.45 (vs ₹4.70 in 1Q 2023)
Huhtamaki India (NSE:HUHTAMAKI) First Quarter 2024 Results
Key Financial Results
- Revenue: ₹6.18b (down 6.5% from 1Q 2023).
- Net income: ₹260.3m (down 27% from 1Q 2023).
- Profit margin: 4.2% (down from 5.4% in 1Q 2023).
- EPS: ₹3.45 (down from ₹4.70 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Huhtamaki India Earnings Insights
Looking ahead, revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Packaging industry in India.
Performance of the Indian Packaging industry.
The company's shares are down 3.8% from a week ago.
Risk Analysis
It is worth noting though that we have found 3 warning signs for Huhtamaki India (1 is a bit concerning!) that you need to take into consideration.
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About NSEI:HUHTAMAKI
Huhtamaki India
Huhtamaki India Limited engages in the manufacture and sale of flexible consumer packaging and labelling solutions in India.
Flawless balance sheet, undervalued and pays a dividend.