The company manufactures flexible packaging as its dominant business, with Flexible Packaging Solution Activity generating Rs 125.65 crore in FY26, equal to 97.3% of segment revenue, but operating at a negative 1.9% EBIT margin. A much smaller Engineering Activity contributed Rs 2.4 crore (1.9% of segment revenue) at a 92.1% EBIT margin. Materials are the single largest cost at Rs 65.4 crore, equal to 50.6% of revenue, and other operating expenses add another 28.4% of revenue. Fibcorp Polyweave, a material subsidiary, contributed 32.65% of FY26 turnover and is being divested for Rs 192.12 lakhs following a sale agreement signed on July 15, 2026. The company has invested Rs 3 crore for a 19.58% stake in Stilonn Valves and Controls Private Limited, which manufactures high-precision stainless steel valves and fittings. The board has also approved reallocating Rs 6,480 lakhs of warrant issue proceeds toward IT Parks, Data Centers, AI Parks, hotels and real estate projects. Q1 FY27 consolidated revenue came in at Rs 2,823.83 lakhs, down about 4.9% year-on-year. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Flexible Packaging Solution Activity (97%), Engineering Activity (2%), Others (1%). Small-cap packaging manufacturer; core flexible packaging segment loss-making at EBIT level, with a small high-margin engineering line and an ongoing shift of capital toward AI/IT infrastructure and real estate
| ₹ crore · consolidated | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | 95 | 109 | 129 | 129 |
| EBITDA (ex other income) | 7 | 5 | 4 | 3 |
| margin % | 7.3 | 4.3 | 3.1 | 2.6 |
| Owners' profit | 3 | 1 | 0 | 2 |
| EPS, as reported (₹) | 2.10 | 0.36 | 0.09 | 0.68 |
| ROE % · ROCE % | 4.3 · 7.5 | 1.1 · 4.8 | 0.3 · 3.8 | 1.7 · 5.0 |
| Debt / equity (x) | 0.29 | 0.35 | 0.32 | 0.23 |
| Cash from operations | (17) | 0 | 8 | 3 |
| Capex | (30) | (6) | (6) | (1) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 34 | 32 | 34 | 30 | 35 | 31 | 34 | 28 |
| Profit before tax | 0 | 0 | (0) | 1 | 1 | 1 | (0) | 0 |
| Net profit | 0 | (0) | (0) | 1 | 1 | 1 | (1) | 0 |
| EPS (₹) | 0.11 | 0.00 | (0.13) | 0.31 | 0.40 | 0.29 | (0.34) | 0.03 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Flexible Packaging Solution Activity | 65 | 46.4 |
| Engineering Activity | 2 | 1.7 |
| Others | 1 | 0.9 |
| Manufacturing- Flexible packaging | 72 | 51.0 |
| Total, before eliminations | 141 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| EPL LIMITED | 7,674 | 15.7 | 2.68 | 8.3 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 8 Sept 2026 · Aeroflex Neu completes sale of Fibcorp Polyweave stake | strategic transactions | high | — | — |
| 25 Aug 2026 · Aeroflex Neu: 2 independent directors appointed, preferential issue scope expanded | management changes | high | — | — |
| 25 Aug 2026 · Aeroflex Neu AGM: All 9 resolutions passed, including new independent directors | board shareholder meetings | low | — | — |
| 25 Aug 2026 · Aeroflex Neu appoints 2 Independent Directors, expands preferential issue scope | management changes | medium | — | — |
| 25 Aug 2026 · 34th AGM concluded; all 9 resolutions approved by shareholders | board shareholder meetings | low | — | — |
| 3 Aug 2026 · Newspaper ad for 34th AGM notice and e-voting info | compliance | minimal | — | — |
| 3 Aug 2026 · Annual Report FY 2025-26 link sent to shareholders without email | compliance | minimal | — | — |
| 3 Aug 2026 · Book closure for 34th AGM from Aug 19 to Aug 25, 2026 | compliance | minimal | — | — |
| 3 Aug 2026 · Notice of 34th AGM on August 25, 2026 - 9 resolutions to be transacted | board shareholder meetings | low | — | — |
| 31 Jul 2026 · Aeroflex Neu Q1 FY27 results published in newspapers | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| 13.7 |
| 13.6 |
| 9.0 |
| 19.1 |
| AGI GREENPAC LIMITED | 4,943 | 13.7 | 2.05 | 7.5 | 14.6 | 16.5 | — | 23.4 |
| UFLEX LIMITED | 4,730 | 6.9 | 0.58 | 6.9 | 3.9 | 2.7 | 11.6 | 17.1 |
| POLYPLEX CORPORATION LTD | 3,541 | 22.8 | 0.50 | 9.5 | 0.6 | 0.3 | 7.6 | 14.3 |
| TCPL PACKAGING LIMITED | 3,515 | 30.4 | 4.89 | 13.4 | 13.6 | 13.0 | 15.4 | 17.8 |
| XPRO INDIA LIMITED | 3,028 | 91.7 | 3.79 | 64.6 | 2.4 | 2.8 | 6.2 | 11.4 |
| JINDAL POLY FILMS LIMITED | 2,936 | 143.6 | 0.72 | 10.0 | 0.6 | 0.8 | 8.5 | 23.0 |
| COSMO FIRST LIMITED | 2,294 | 13.6 | 1.42 | 8.0 | 9.6 | 6.4 | 9.8 | 12.6 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 180.3 | 17.6 | 69 of 69 | 0% |
| P/B | 1.7 | 1.4 | 35 of 61 | 43% |
| ROCE | 2.8 | 7.3 | 50 of 71 | 30% |
| ROE | 1.7 | 6.8 | 53 of 66 | 20% |
| Debt / Equity | 0.2 | 0.3 | 27 of 66 | 60% |
| EBITDA margin | 5.8 | 12.1 | 51 of 62 | 18% |
| Revenue growth | (4.9) | 14.0 | 48 of 61 | 22% |
| Profit growth | (89.6) | 23.4 | 52 of 60 | 14% |
| Market cap | 177 | 131 | 33 of 73 | 56% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
