EPACK Durable Limited has submitted Transcript of Earning Call held on May 21, 2026.

EPACK Durable reported a challenging Q4 FY26 with revenue of Rs 591 crore (-8% YoY) and EBITDA of Rs 25.8 crore (-64% YoY), impacted by RAC segment headwinds including BEE norm transitions, unseasonal weather, and inventory recalibration. FY26 full-year revenue stood at Rs 1,894 crore (-12.7% YoY) with EBITDA margin at 6.01% vs 7.26% prior year. Key one-time items include PLI reversal of Rs 32.42 crore (due to revenue growth target shortfall on a 5x incremental revenue criterion) partially offset by RIPS incentive recognition of Rs 21.78 crore. The company added 5 new customers in Q4 (17 total for FY26, 72 active customers), with strong diversification showing SDA/LDA growth of 53% YoY and components growth of 50% YoY. Hisense JV facility at Sri City became operational in Q4; washing machine production expected mid-Q2 FY27. Management reaffirmed Rs 5,000 crore revenue target in 2-3 years and expects Q1 FY27 industry growth of ~15% with EPACK outpacing peers. CAPEX guidance: Rs 170-200 crores for FY27; total debt ~Rs 700 crore.