Huhtamaki India Q2CY2026 Results (NSE: HUHTAMAKI)

· Analysis by Alpha Inflection

Signal: Margin expansion

The read

Strong Q2CY2026: Revenue grew 22.5% YoY to ₹7,500.2 million, EBIT jumped 77.5% to ₹587.9 million, and EBIT margin expanded 243bps to 7.84%. PAT rose 75.4% to ₹437.3 million, with EPS at ₹5.79. This marks a significant margin inflection after prior periods of contraction.

Huhtamaki India Q2CY2026 key financials
MetricValueYoYQoQ
Revenue₹750.02 Cr22.5%N/A
EBIT₹58.79 Cr77.5%
Net profit₹43.73 Cr75.4%
EPS₹5.7975.5%
EBIT margin7.84%

P&L walk

Revenue growth driven by volume/mix; EBIT margin expansion of 243bps reflects operating leverage and cost efficiencies, flowing through to PAT and EPS.

Key positives

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