EPACKNSEEPACK Durable LimitedMediumNeutral
Announced Fri, 25 Jul · 16:37 IST

Please find attached the transcript of the Investors Conference Call on the Standalone and Consolidated Unaudited Financial Results for the quarter ended June 30, 2025

Mgmt Guided Margin ImprovementOrder Pipeline DisclosedMgmt Evaded Key QuestionInvestor Communications View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

EPACK Durable reported Q1 FY26 revenue of INR 662 crores, up 14% YoY, with EBITDA margin expanding 156 bps to 8.24% on better product mix. Net profit was INR 23 crores, down 2% YoY, but net margin improved 43 bps to 3.46%. The RAC (room AC) segment declined 34% YoY due to unseasonal rains and channel inventory overhang, while the industry itself degrew 30-35%. SDA grew 16% (air fryers leading), LDA grew 29%, and Components grew 5-6%. The company added 14 new customers and entered the energy meter components space. Management reiterated FY26 EBITDA margin guidance of 7.5%+ with medium-term target of 8%, and overall capex of INR 450-500 crores over the next 12 months.

Likely market impact

Q1 results show margin resilience despite weak RAC demand, supported by diversification into SDA, LDA and Components. Management's confident full-year guidance and the Hisense partnership ($1 billion cumulative revenue target over 4-5 years) suggest growth visibility, though near-term RAC headwinds and the unresolved customs/copper import issue remain watchpoints for shareholders.