What we do Huhtamaki India Ltd manufactures flexible consumer packaging and labeling solutions primarily for food, beverage, healthcare, and personal care industries in India and select export markets. |
Founded in 1,950 |
Market share Holds approximately 65% market share in high-end flexible packaging in India, serving marquee FMCG clients like HUL, Nestle, and Colgate. |
Problem solved Provides sustainable, fit-for-purpose packaging solutions that protect food quality, safety, and extend product shelf life while promoting environmental responsibility. |
Top clients or who we serve Serves primarily Indian FMCG, food & beverage, healthcare, personal and home care companies; also exports to Unilever subsidiaries in Sri Lanka and Bangladesh; B2B model. |
Key management Managing Director: Kamal Taneja; Chairman: Murali Sivaraman; with experienced leadership driving growth and operational efficiency. |
Our journey and innovations Started in 1935; became public in 1950; multiple acquisitions and capacity expansions; introduced mono-material recyclable packaging and sustainability initiatives recently. |
Where we operate Domestic operations across India with 15 manufacturing plants; exports primarily to South Asian markets like Sri Lanka and Bangladesh. |
Top products or what we offer Flexible packaging, labeling solutions, tube laminates for beauty, oral care, pharmaceutical segments; mono-material recyclable flexible packaging launched in 2023. |
Top brands Leading flexible packaging solutions under Huhtamaki brand with innovations in sustainable packaging; key revenue driver in flexible packaging segment. |
Raw materials needed Plastic films, laminates, adhesives, inks, and other raw materials for flexible packaging and labeling production. |
Raw materials supplier Suppliers include domestic and international raw material providers; not specified publicly. |
Recurring vs cyclical contribution Revenue is largely recurring, linked to steady demand from FMCG and healthcare sectors, though volume growth tied to sector growth rates. |
Our industry position Market leader in flexible packaging in India with dominant market share, technology agreements, and strong client relationships. |
Financial highlights FY 2024 Revenue at INR 24,505 million with Profit of INR 879.7 million; 2025 EBITDA rose by 49.7% YoY, demonstrating strong profitability improvements. |
Geographical revenue split Approximately 75% domestic sales and 25% export sales primarily in South Asia. |
Order book - |
Whats driving growth Growth driven by FMCG demand, product innovation, sustainability focus, operational efficiencies, and capacity expansions in Northeast India. |
Our future plans Focus on enhancing sustainable packaging, commissioning renewable energy projects, scaling production capacities, and technology-enabled innovations. |
Our green promise Committed to reducing solvent use, renewable electricity adoption, zero liquid discharge plants, and SBTi-verified emissions targets aligned with 1.5°C pathway. |
Our people and values Strong employee engagement with focus on skill development, safety improvements, diversity, and an ethical culture emphasizing Care, Dare, Deliver values. |
Key challenges ahead Raw material price volatility, regulatory changes, competition, evolving customer needs, and maintaining environmental sustainability commitments. |
Interesting facts Awarded Worldstar Packaging 1994; pioneering mono-material recyclable packaging solutions in India; highest safety improvements with significant incident reductions. |
Risks and strategy Mitigates supply chain, financial, and operational risks through efficient management, technology upgrades, and diversification; strategic focus on sustainability and innovation. |
