Company Visit Note: Huhtamaki PPL Ltd (HPPL) - NOT RATED - Kotak

Huhtamaki PPL Ltd (HPPL), a leading consumer packaging company is known for its pioneering efforts in flexible packaging. The company is India's leading manufacturer of primary consumer packaging and labelling materials with annual consolidated revenue of Rs21.8 bn. It is the largest manufacturer in volume of finished flexible packaging in India and Asia Pacific region. HPPL offers a wide portfolio of packaging solutions that include flexible packaging, including a variety of pouching solutions, labelling technologies, shrink sleeve solutions, specialized cartons, packaging machines, tube laminates, promotional, holographic & security solutions, cylinders & specialized films for high barrier. HPPL's 90% of the revenue comes from FMCG sector and the remaining from pharma and other industries. Top 15 customers account for 60-65% of the business. HPPL's revenue clocked a CAGR of 26% over CY13-16. Strong legacy and deep understanding of Indian FMCG market, combined with the global footprint of parent should help the company to drive future growth.

Shares of Huhtamaki PPL LTD. was last trading in BSE at Rs.264 as compared to the previous close of Rs. 262.35. The total number of shares traded during the day was 8114 in over 184 trades.

The stock hit an intraday high of Rs. 268.4 and intraday low of 262.5. The net turnover during the day was Rs. 2157091.

Source : Equity Bulls

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