Integrated Filing — IndAS



General information about company

Scrip Code 509820
NSE Symbol HUHTAMAKI
MSEI Symbol NOTLISTED
ISIN INE275B01026
Name of company HUHTAMAKI INDIA LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-01-2026
Date of end of financial year 31-12-2026
Date of board meeting when results were approved 12-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 07-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Single segment
Description of single segment Consumer Packaging
Start date and time of board meeting 12-05-2026   19:30:00
End date and time of board meeting 12-05-2026   19:55:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-01-2026
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 61,310.00 61,310.00
Other income 2,212.00 2,212.00
Total income 63,522.00 63,522.00
2 Expenses
(a) Cost of materials consumed 42,849.00 42,849.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (2,624.00) (2,624.00)
(d) Employee benefit expense 6,473.00 6,473.00
(e) Finance costs 353.00 353.00
(f) Depreciation, depletion and amortisation expense 2,351.00 2,351.00
(f) Other Expenses
1 Other Expenses 10,616.00 10,616.00
Total other expenses 10,616.00 10,616.00
Total expenses 60,018.00 60,018.00
3 Total profit before exceptional items and tax 3,504.00 3,504.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 3,504.00 3,504.00
6 Tax expense
7 Current tax 1,183.00 1,183.00
8 Deferred tax (239.00) (239.00)
9 Total tax expenses 944.00 944.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 2,560.00 2,560.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 2,560.00 2,560.00
17 Other comprehensive income net of taxes (109.00) (109.00)
18 Total Comprehensive Income for the period 2,451.00 2,451.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 1,511.00 1,511.00
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 3.39 3.39
Diluted earnings (loss) per share from continuing operations 3.39 3.39
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 3.39 3.39
Diluted earnings (loss) per share from continuing and discontinued operations 3.39 3.39
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) A. During the year ended December 31, 2023, the Company had stopped production at Hyderabad plant with no material impact to the business. The Company has recognised profit on sale of property, plant and equipment of Rs. Nil in the current quarter (December 31, 2025, Rs. Nil, March 31, 2025, Rs. 6.3 million) and Rs.9.1 million in the previous year ended December 31, 2025, where accelerated depreciation was charged in 2023 in respect of property plant and equipment that were not usable at other locations. During the year ended December 31, 2023, the Company had relocated its three Label manufacturing sites to other existing Label manufacturing sites. The Company has recognised profit on sale of property, plant and equipment of Rs. Nil in the current quarter (December 31, 2025, Rs. Nil, March 31, 2025, Rs. 0.4 million) and Rs. 0.4 million in the previous year ended December 31, 2025, where accelerated depreciation was charged in 2023 in respect of property plant and equipment that were not usable at other locations. B. During the previous year ended December 31, 2025, the Company has re-classified certain assets consisting of leasehold land and building having net book value of Rs 16.2 million and Rs 17.5 million respectively from Property, plant and equipment to Assets held for sale as per the requirements of Ind AS 105 - Non-current Assets Held for Sale and Discontinued Operations. The Company expects to dispose of these assets over the course of next 12 months. C. The Company has subscribed to 28% of the equity share capital equivalent to Rs. 27.6 million in a Special Purpose Vehicle (“SPV”) (AMPIN Energy C&I Twenty-Five Private Limited) on February 10, 2026. This investment is to comply with the requirements of the Electricity Act 2003 read with the Electricity Rules, 2005 for generating and utilising electricity through captive solar power projects. D. The depreciation charge for Q1 2026 includes an additional amount of Rs. 88 million relating to FY 2024 and FY 2025. During those two years, depreciation for certain assets was erroneously calculated on a Written Down Value (WDV) basis instead of the Company’s stated policy of Straight-Line Method (SLM). As a result, depreciation expense for those periods was understated. This issue was identified in Q1 2026, following which Management conducted both quantitative and qualitative assessment of the adjustment. Based on the evaluation, it has been concluded that the amounts were not material to the results of the respective years. Accordingly, the entire additional depreciation charge of Rs. 88 million has been recognized in Q1 2026. Consequent to this adjustment, the Deferred Tax charge for Q1 2026 is lower by Rs. 22 million. With these corrections, the matter stands fully rectified in the financial results of Q1 2026. E. The figures for the quarter ended December 31, 2025 are the balancing figures between audited figures in respect of the full financial year and the unaudited published year to date figures upto the third quarter of that year. F. The Company does not have any subsidiary, associate, or joint venture entities. G. The above unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on May 12, 2026. H. The statutory auditors have issued an unmodified review report on the above financial results.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-01-2026
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-01-2026
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement of defined benefit (asset)/liability 28.00 28.00
Total Amount of items that will not be reclassified to profit and loss 28.00
2 Income tax relating to items that will not be reclassified to profit or loss 7.00 7.00
3 Amount of items that will be reclassified to profit and loss
1 Fair value of cash flow hedges through other comprehensive (loss)/income (Net) (174.00) (174.00)
Total Amount of items that will be reclassified to profit and loss (174.00)
4 Income tax relating to items that will be reclassified to profit or loss (44.00) (44.00)
5 Total Other comprehensive income (109.00) (109.00)