Epack Durable Q2 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹1,673 Cr
- ROE
- 0.33%
- Price to sales
- 0.78
- Debt to equity
- 0.77
- 52W high / low
- ₹349 / ₹154
- Sales growth (5Y)
- 20.81%
- EBITDA margin
- 4.94%
- Net profit margin
- 0.17%
- Promoter holding
- 46.44%
- Sales (last year)
- ₹2,118 Cr
Incorporated in 2019, EPACK Durable Limited is an Original Design Manufacturer (ODM) of room air conditioners (RAC).[1]
Guidance scorecard · Q2 FY27 call
What Epack Durable Ltd's management guided
and where it ranks in Consumer Durables
Consumer Durables
RevenueQ1 FY27 call
20–40%- EPACK Durable expects strong top-line growth, surpassing industry growth with the air conditioner industry projected to grow around 20% in FY27.
- Small and large domestic appliances are growing at a much faster rate than RAC, reflecting diversification success.
- The company targets achieving cumulative INR8,000 crores revenue from the Hisense partnership over five years, starting FY26-27, with close to INR120 crores revenue and 60,000 AC units sold in the first calendar year.
- Capacity utilization is improving: Dehradun and Bhiwadi plants near 90%, Sri City plant increasing to ~50% in Q1 FY27, with expected overall utilization above 60% for FY27.
2 more points from Epack Durable Ltd's call on revenue
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MarginsQ1 FY27 call
FlatSee what Epack Durable Ltd said on margins — free account, 30 seconds.
CapexQ1 FY27 call
Planned- MoU with Andhra Pradesh government for an investment of INR 1,085 crores over 5 years starting January 2024.
- Allotted land of approximately 35 acres in Andhra Pradesh for ramping up new capacities; this is a long-term plan, not immediate.
- Total capex committed: Around INR 450 crores budgeted in FY26, with INR 340-350 crores already booked.
- Additional capex of INR 10 crores booked in Q1 FY27.
- Further INR 60-70 crores capex expected to be spent by the end of the current year.
- Capex spend in Q1 FY27 was INR 10 crores.
2 more points from Epack Durable Ltd's call on capex
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FundraisingQ1 FY27 call
See what Epack Durable Ltd said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
Rising- EPACK Durable Limited has a strengthening order book as part of its growth strategy.
- The company is expanding its product portfolio across Small Domestic Appliances (SDA), Large Domestic Appliances (LDA), and components.
- There is a clear new customer acquisition pipeline alongside ongoing capacity expansion.
- Management expressed confidence in long-term growth opportunities backed by this expanding order book.
Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Consumer Durables
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Consumer Durables companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹166 Cr | 20.3 | |
| 2 | 40%+ | Up 2%+ | ₹100 Cr | 12.7 | |
| 3 | 40%+ | Up 0–2% | ₹3,249 Cr | 17.4 | |
| 4 | 40%+ | Up 0–2% | ₹2,081 Cr | 18.8 | |
| 5 | 40%+ | Flat | ₹2,429 Cr | 41.1 | |
| 6 | 40%+ | Flat | ₹2,163 Cr | 25.6 |
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Pro shows every company guiding 40%+ revenue growth →Full Consumer Durables rankingEpack Durable Ltd announcements
All announcements →- Financial resultsNotable· Adverse for the businessEPACK Durable posts Q2 loss; sells 50% Epavo stake to RRWL for Rs 15,00,14,280
Financials of Epack Durable Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Shareholder Pattern
Epack Durable Ltd
Shareholding breakup across reporting periods.
| Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters + | 48.11% | 48.14% | 48.06% | 48.04% | 48.04% | 48.04% | 47.91% | 47.18% | 47.18% | 46.44% | 46.42% |
| FIIs + | 1.30% | 0.73% | 1.97% | 1.31% | 1.58% | 0.41% | 1.48% | 0.26% | 0.28% | 0.34% | 1.45% |
| DIIs + | 18.17% | 16.01% | 10.58% | 8.98% | 6.57% | 5.55% | 5.91% | 7.06% | 6.56% | 5.24% | 5.16% |
| Public + | 32.41% | 35.12% | 39.40% | 41.66% | 43.81% | 46.01% | 44.70% | 45.51% | 45.97% | 47.97% | 46.96% |
| No. of Shareholders | 1,37,062 | 1,04,254 | 87,646 | 1,14,464 | 1,34,018 | 1,36,162 | 1,32,719 | 1,35,977 | 1,30,580 | 1,37,211 | 1,31,330 |
Pros & Cons
Epack Durable Ltd
Key positives and risks surfaced from the company insights section.
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 3.77% over last 3 years.
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 3.77% over last 3 years.
Financials of Epack Durable Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 437 | 178 | 279 | 526 | 774 | 377 | 377 | 643 | 662 | 213 | 428 | 591 | 886 |
| Expenses + | 408 | 171 | 256 | 471 | 722 | 368 | 354 | 572 | 608 | 214 | 398 | 567 | 833 |
| Operating Profit | 29 | 7 | 23 | 55 | 52 | 9 | 23 | 71 | 54 | -1 | 29 | 24 | 53 |
| OPM % | 7% | 4.2% | 8% | 10% | 7% | 2.4% | 6% | 11% | 8% | -0.5% | 7% | 4.0% | 6% |
| Other Income + | 1 | 1 | 2 | 6 | 6 | 5 | 5 | 6 | 6 | 6 | 3 | 3 | 2 |
| Interest | 10 | 8 | 10 | 11 | 14 | 14 | 12 | 14 | 16 | 20 | 13 | 11 | 20 |
| Depreciation | 8 | 8 | 9 | 11 | 11 | 12 | 12 | 12 | 13 | 14 | 14 | 14 | 17 |
| Profit before tax | 12 | -8 | 7 | 39 | 32 | -12 | 4 | 50 | 31 | -29 | 5 | 1 | 18 |
| Tax % | 29% | -27% | 27% | 28% | 28% | -27% | 28% | 25% | 27% | -22% | 49% | 97% | 33% |
| Net Profit + | 9 | -6 | 5 | 28 | 23 | -8 | 3 | 38 | 23 | -22 | 3 | 0 | 12 |
| EPS in Rs | 1.68 | -1.17 | 0.62 | 2.91 | 2.44 | -0.88 | 0.26 | 3.93 | 2.39 | -2.31 | 0.27 | 0.00 | 1.23 |
Financials of Epack Durable Ltd
Profit & Loss
Annual income statement trend
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| Sales + | 736 | 924 | 1,539 | 1,420 | 2,171 | 1,894 | 2,118 |
| Expenses + | 694 | 855 | 1,437 | 1,305 | 2,016 | 1,787 | 2,013 |
| Operating Profit | 42 | 69 | 102 | 115 | 155 | 107 | 105 |
| OPM % | 6% | 7% | 7% | 8% | 7% | 6% | 4.9% |
| Other Income + | 3 | 3 | -0 | 9 | 21 | 16 | 13 |
| Interest | 26 | 29 | 31 | 39 | 54 | 61 | 65 |
| Depreciation | 9 | 16 | 26 | 35 | 47 | 54 | 58 |
| Profit before tax | 11 | 26 | 44 | 49 | 74 | 9 | -5 |
| Tax % | 28% | 34% | 27% | 28% | 26% | 63% | |
| Net Profit + | 8 | 17 | 32 | 35 | 55 | 3 | -8 |
| EPS in Rs | 1.62 | 3.35 | 6.14 | 3.69 | 5.75 | 0.34 | -0.81 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Financials of Epack Durable Ltd
Balance Sheet
Capital structure and asset base
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 48 | 52 | 52 | 96 | 96 | 96 |
| Reserves | 21 | 70 | 262 | 796 | 856 | 864 |
| Borrowings + | 262 | 415 | 525 | 386 | 416 | 739 |
| Other Liabilities + | 189 | 539 | 626 | 489 | 645 | 806 |
| Total Liabilities | 520 | 1,077 | 1,464 | 1,768 | 2,013 | 2,505 |
| Fixed Assets + | 116 | 327 | 419 | 678 | 691 | 909 |
| CWIP | 0 | 8 | 92 | 27 | 58 | 89 |
| Investments | 0 | 3 | 5 | 9 | 20 | 12 |
| Other Assets + | 404 | 738 | 949 | 1,054 | 1,244 | 1,495 |
| Total Assets | 520 | 1,077 | 1,464 | 1,768 | 2,013 | 2,505 |
Financials of Epack Durable Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 47 | -29 | 19 | 257 | 31 | -140 |
| Cash from Investing Activity + | -7 | -204 | -218 | -377 | -95 | -113 |
| Cash from Financing Activity + | -43 | 254 | 235 | 167 | -29 | 254 |
| Net Cash Flow | -2 | 20 | 36 | 47 | -93 | 2 |
| Free Cash Flow | 43 | -206 | -213 | 100 | -83 | -455 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 117% | -29% | 31% | 232% | 30% | -125% |
Financials of Epack Durable Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 116 | 141 | 114 | 55 | 50 | 68 |
| Inventory Days | 79 | 127 | 81 | 116 | 117 | 190 |
| Days Payable | 85 | 153 | 107 | 127 | 108 | 162 |
| Cash Conversion Cycle | 110 | 115 | 87 | 43 | 59 | 96 |
| Working Capital Days | 16 | -74 | -47 | 36 | -2 | 2 |
| ROCE % | 13% | 11% | 8% | 10% | 5% |
Guidance history
How Epack Durable Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 20–40% | Flat | Planned | — | Rising |
| Q4 FY26 call → | 10–20% | Flat | Planned | — | Rising |
| Q3 FY26 call → | 10–20% | Flat | Planned | — | Rising |
| Q2 FY26 call → | 10–20% | Flat | Planned | Planned | Rising |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
2 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | −49.1% | 5% |
| Last 6 months | −39.4% | 3% |
| Last 3 months | −26.3% | 7% |
The price is 72.5% below its all-time high of ₹625.1 (3 Jan 2025). Stocks more than 20% below their peak have their score halved, so 5 became 2.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Epack Durable Ltd: 0.4 × 5 + 0.4 × 3 + 0.2 × 7 = 5, halved to 2 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 28 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
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