HUHTAMAKI INDIA has announced its results for the year ended December 2020. Let us have a look at the detailed performance review of the company during FY19-20.
No. of Mths Year Ending | 12 Dec-19* | 12 Dec-20* | % Change | |
---|---|---|---|---|
Net Sales | Rs m | 25,990 | 24,627 | -5.2% |
Other income | Rs m | 168 | 81 | -52.0% |
Total Revenues | Rs m | 26,158 | 24,708 | -5.5% |
Gross profit | Rs m | 2,943 | 2,345 | -20.3% |
Depreciation | Rs m | 869 | 979 | 12.7% |
Interest | Rs m | 226 | 270 | 19.8% |
Profit before tax | Rs m | 2,016 | 1,176 | -41.7% |
Tax | Rs m | 315 | 216 | -31.5% |
Profit after tax | Rs m | 1,700 | 960 | -43.5% |
Gross profit margin | % | 11.3 | 9.5 | |
Effective tax rate | % | 15.6 | 18.4 | |
Net profit margin | % | 6.5 | 3.9 |
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No. of Mths Year Ending | 12 Dec-19* | 12 Dec-20* | % Change | |
---|---|---|---|---|
Networth | Rs m | 6,911 | 7,587 | 9.8 |
Current Liabilities | Rs m | 7,016 | 6,323 | -9.9 |
Long-term Debt | Rs m | 1,018 | 1,250 | 22.8 |
Total Liabilities | Rs m | 15,078 | 15,751 | 4.5 |
Current assets | Rs m | 9,425 | 9,138 | -3.1 |
Fixed Assets | Rs m | 5,653 | 6,613 | 17.0 |
Total Assets | Rs m | 15,078 | 15,751 | 4.5 |
Particulars | No. of months | 12 | 12 | % Change |
---|---|---|---|---|
Year Ending | Dec-19 | Dec-20 | ||
Cash Flow from Operating Activities | Rs m | 2,845 | 1,693 | -40.5% |
Cash Flow from Investing Activities | Rs m | -875 | -727 | - |
Cash Flow from Financing Activities | Rs m | -2,001 | -742 | - |
Net Cash Flow | Rs m | -32 | 225 | - |
No. of Mths Year Ending | 12 Dec-19* | 12 Dec-20* | |
---|---|---|---|
Sales per share (Unadj.) | Rs | 344.1 | 326.1 |
TTM Earnings per share | Rs | 22.5 | 12.7 |
Diluted earnings per share | Rs | 22.5 | 12.7 |
Price to Cash Flow | x | 7.2 | 9.8 |
TTM P/E ratio | x | 12.9 | 24.6 |
Price / Book Value ratio | x | 2.4 | 2.5 |
Market Cap | Rs m | 16,796 | 18,918 |
Dividends per share (Unadj.) | Rs | 5.0 | 3.0 |
Current Ratio: The company's current ratio improved and stood at 1.4x during CY20, from 1.3x during CY19. The current ratio measures the company's ability to pay short-term and long-term obligations.
Interest Coverage Ratio: The company's interest coverage ratio deteriorated and stood at 5.4x during CY20, from 9.9x during CY19. The interest coverage ratio of a company states how easily a company can pay its interest expense on outstanding debt. A higher ratio is preferable.
Return on Equity (ROE): The ROE for the company declined and down at 12.7% during CY20, from 24.6% during CY20. The ROE measures the ability of a firm to generate profits from its shareholders capital in the company.
Return on Capital Employed (ROCE): The ROCE for the company declined and down at 16.4% during CY20, from 28.3% during CY19. The ROCE measures the ability of a firm to generate profits from its total capital (shareholder capital plus debt capital) employed in the company.
Return on Assets (ROA): The ROA of the company declined and down at 7.8% during CY20, from 12.8% during CY19. The ROA measures how efficiently the company uses its assets to generate earnings.
No. of Mths Year Ending | 12 Dec-19* | 12 Dec-20* | |
---|---|---|---|
Current ratio | x | 1.3 | 1.4 |
Debtors’ Days | Days | 87 | 79 |
Interest coverage | x | 9.9 | 5.4 |
Debt to equity ratio | x | 0.1 | 0.2 |
Return on assets | % | 12.8 | 7.8 |
Return on equity | % | 24.6 | 12.7 |
Return on capital employed | % | 28.3 | 16.4 |
To see how HUHTAMAKI INDIA has performed over the last 5 years, please visit here.
Over the last one year, HUHTAMAKI INDIA share price has moved down from Rs 196.8 to Rs 195.8, registering a loss of Rs 1.0 or around 0.5%.
Meanwhile, the S&P BSE FMCG Index is trading at Rs 10,254.9 (up 5.8%). Over the last one year it has moved down from 11,741.5 to 10,254.9, a loss of 1,487 points (down 12.7%).
Overall, the S&P BSE SENSEX is down 24.2% over the year.
(To know more, check out historical annual results for HUHTAMAKI INDIA and quarterly results for HUHTAMAKI INDIA)
HUHTAMAKI INDIA currently trades at Rs 299.5 per share. You can check out the latest share price performance of HUHTAMAKI INDIA here...
The revenues of HUHTAMAKI INDIA stood at Rs 24,708 m in CY20, which was down -5.5% compared to Rs 26,158 m reported in CY19.
HUHTAMAKI INDIA's revenue has grown from Rs 20,196 m in CY16 to Rs 24,708 m in CY20.
Over the past 5 years, the revenue of HUHTAMAKI INDIA has grown at a CAGR of 5.2%.
The net profit of HUHTAMAKI INDIA stood at Rs 960 m in CY20, which was down -43.5% compared to Rs 1,700 m reported in CY19.
This compares to a net profit of Rs 349 m in CY18 and a net profit of Rs 636 m in CY17.
Over the past 5 years, HUHTAMAKI INDIA net profit has grown at a CAGR of 4.2%.
The cash flow statement is the financial statement that presents the cash inflows and outflows of a company during a given period of time.
This statement is one of the most useful tools for judging a company's liquidity position. The ratios and parameters in this statement helps test a company's financial health.
The cash flow statement of HUHTAMAKI INDIA reveals:
Here's the cash flow statement of HUHTAMAKI INDIA for the past 5 years.
(Rs m) | CY16 | CY17 | CY18 | CY19 | CY20 |
---|---|---|---|---|---|
From Operations | 1,665 | 960 | 1,012 | 2,845 | 1,693 |
From Investments | -4 | 46 | -296 | -875 | -727 |
From Financial Activity | -1,504 | -873 | -685 | -2,001 | -742 |
Net Cashflow | 157 | 133 | 33 | -32 | 225 |
Be it the company's profitability, operations effectiveness or utilization of funds, ratio analysis is an important tool which helps in making investment decisions.
The ratio/financial analysis of HUHTAMAKI INDIA reveals:
Here's the ratio/financial analysis of HUHTAMAKI INDIA for the past 5 years.
CY16 | CY17 | CY18 | CY19 | CY20 | |
---|---|---|---|---|---|
Operating Profit Margin (%) | 12.4 | 10.8 | 9.4 | 11.3 | 9.5 |
Net Profit Margin (%) | 4.1 | 3.1 | 1.5 | 6.5 | 3.9 |
Debt to Equity Ratio (x) | 0.8 | 0.7 | 0.7 | 0.1 | 0.2 |
Read: Latest Annual Report Analysis of HUHTAMAKI INDIA
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