EPACK reported record Q1 revenue but faces margin pressure. Management is aggressively diversifying beyond RACs into washing machines and small appliances to mitigate seasonality.
EPACK reported record Q1 revenue of ₹8,860 Mn, up 33.8% YoY, though EBITDA margin compressed 203 bps to 6.21% due to input cost pressures and lack of PLI accrual.
EPACK faced a tough FY26 with falling revenues and margins due to adverse weather and inventory pile-ups, partially offset by a one-time RIPS incentive.
EPACK Durable reported FY26 revenue of ₹18,945 Mn, a 12.7% YoY decline. Profitability was severely impacted by a one-time PLI reversal of ₹324 Mn, though non-AC segments saw robust growth.