HUHTAMAKI PPL Announces Quarterly Results (4QFY20); Net Profit Down 35.0%

Tue, 19 May

HUHTAMAKI PPL has announced its results for the quarter ended March 2020. Here is a detailed performance review of the same:

HUHTAMAKI PPL Quarterly Financials

Year-on-Year Performance:

• The company's operating income during the quarter fell 8.7% on a year-on-year (YoY) basis. The expenses were down by 3.9% YoY during the same period.
• The company's operating profit declined by 38.9% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 9.3% in 4QFY20 as against 13.9% in 4QFY19.
• Depreciation charges increased by 14.9% and finance costs declined by 8.1% YoY, respectively.
• Other income declined by 78.3% YoY during the quarter.
• Net profit for the quarter declined by 35.0% YoY. Net profit margins during the quarter declined from 6.6% in 4QFY19 to 4.7% in 4QFY20.

Quarter-on-Quarter Performance:

• The company's operating income during the quarter fell 14.7% on a quarter-on-quarter (QoQ) basis. The expenses were down by 14.0% QoQ during the same period.
• The company's operating profit declined by 20.2% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 9.3% in 4QFY20 as against 9.9% in 3QFY19.
• Net profit for the quarter declined by 59.9% QoQ, while net profit margins declined from 10.1% in 3QFY19 to 4.7% in 4QFY20.

To see how HUHTAMAKI PPL has performed over the last eight quarters,please visit here.

Last Day: Watch the Replay of Great Indian Wealth Project Special Event

HUHTAMAKI PPL Share Price Performance

Over the last one year,HUHTAMAKI PPL share price has moved down from Rs 250.1 to Rs 181.9, registering a Loss of Rs 68.2 or around 27.3%.

Meanwhile, the S&P BSE FMCG Index is trading at Rs 10,059.5 (up 0.8%). Over the last one year it has moved down from 11,601.0 to 10,059.5, a loss of 1,542 points (down 13.3%).

Overall, the S&P BSE SENSEX is down 22.1% over the year.

Current Valuations

At the current price of Rs 181.9, the price to earnings (P/E) ratio of HUHTAMAKI PPL stands at 8.5 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.4 times.