Manufactures room air conditioners, small and large domestic appliances, and appliance components on a contract basis for appliance brands in India. FY26 revenue of Rs 1,894 crore was split across three reported segments: Room Air Conditioners at Rs 10,461 Mn (down 33.2% YoY on weaker summer demand, channel inventory recalibration and BEE norm transition), Components at Rs 3,663 Mn (up 102.8% YoY), and Small & Large Domestic Appliances at Rs 3,889 Mn (up 34.8% YoY, driven by air fryer demand). The business operates five manufacturing locations and added 17 new customers in FY26, taking the active customer base to 72 brands, with top-2 customer concentration having fallen from 72% to 37%. A joint venture with Hisense at Sri City became operational in late March 2026 with 0.75 million unit washing-machine capacity, with front-load production targeted for mid-Q2 FY27. The Andhra Pradesh government has approved a tailored incentive package covering a combined Rs 1,084.31 crore investment in air conditioners, components, washing machines, TVs and other appliances at Sri City, with 36.41 acres of land allotted and a 50% capital subsidy on eligible fixed capital. Materials account for 83.6% of revenue, leaving employee costs at 3.7% and other operating expenses at 5.4% as the remaining operating cost lines. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Room Air Conditioners (RAC), Small & Large Domestic Appliances (SDA & LDA), Components. Asset-heavy OEM contract manufacturer in consumer durables, exposed to RAC demand cycles
| ₹ crore · consolidated | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 1,420 | 2,171 | 1,894 |
| EBITDA (ex other income) | 116 | 158 | 114 |
| margin % | 8.2 | 7.3 | 6.0 |
| Owners' profit | 35 | 55 | 3 |
| EPS, as reported (₹) | 4.35 | 5.75 | 0.34 |
| ROE % · ROCE % | 4.0 · 8.8 | 5.8 · 12.6 | 0.3 · 6.4 |
| Debt / equity (x) | 0.37 | 0.39 | 0.74 |
| Cash from operations | 257 | 31 | (140) |
| Capex | (157) | (115) | (316) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 377 | 377 | 643 | 662 | 213 | 428 | 591 | 886 |
| Profit before tax | (11) | 4 | 51 | 32 | (27) | 7 | 3 | 20 |
| Net profit | (8) | 3 | 38 | 23 | (22) | 3 | 0 | 12 |
| EPS (₹) | (0.89) | 0.26 | 3.93 | 2.39 | (2.32) | 0.27 | 0.00 | 1.23 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| LG ELECTRONICS INDIA LTD | 1,11,217 | 60.9 | 14.51 | — | 22.0 | 27.2 | — | 13.8 |
| VOLTAS LTD | 38,538 | 85.8 | 6.02 | 45.1 | 5.8 | 9.9 | 13.8 | 7.6 |
| BLUE STAR LIMITED | 32,032 | 62.9 | 9.33 | 33.9 | 15.4 | 18.9 | 23.8 | 6.1 |
| AMBER ENTERPRISES (I) LTD | 25,552 | 265.5 | 4.40 | 27.1 | 3.9 | 5.3 | 32.1 | 6.1 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 8 Sept 2026 · EPACK Durable allots 48,218 shares under ESOP Scheme 2023 | capital market events | low | — | — |
| 27 Aug 2026 · AGM Notice and Annual Report FY26 dispatched to shareholders | compliance | minimal | — | — |
| 27 Aug 2026 · Newspaper ad published for 7th AGM notice and FY25-26 Annual Report | compliance | minimal | — | — |
| 26 Aug 2026 · EPACK Durable files BRSR for FY 2025-26 as part of Annual Report | compliance | low | — | — |
| 26 Aug 2026 · EPACK Durable: Notice of 7th AGM and Annual Report for FY 2025-26 | general | medium | — | — |
| 26 Aug 2026 · AGM notice on September 18, 2026 along with Annual Report FY 2025-26 | board shareholder meetings | low | — | — |
| 25 Aug 2026 · Newspaper notice for 7th AGM of EPACK Durable | compliance | minimal | — | — |
| 21 Aug 2026 · EPACK removes SVP R&D and Sourcing over data protocol breach | management changes | medium | — | — |
| 18 Aug 2026 · EPACK Durable Q1 FY27 call: Revenue up 34% to INR886 cr; like-to-like margins improve | investor communications | medium | — | — |
| 12 Aug 2026 · EPACK Durable re-appoints Deloitte Haskins & Sells as statutory auditors for 5 years | management changes | medium | — | — |
| 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 |
| CROMPT GREA CON ELEC LTD |
| 14,874 |
| — |
| 4.33 |
| 107.8 |
| (6.7) |
| (2.1) |
| 11.0 |
| 11.0 |
| V-GUARD IND LTD. | 14,215 | 39.1 | 5.99 | 26.8 | 13.0 | 15.5 | 17.0 | 11.2 |
| WHIRLPOOL OF INDIA LTD | 9,683 | 38.6 | 2.33 | 13.9 | 7.1 | 8.1 | 6.4 | 7.6 |
| EUREKA FORBES LIMITED | 7,643 | 42.5 | 1.66 | 25.3 | 3.5 | 3.9 | — | 13.8 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/B | 1.9 | 4.9 | 3 of 23 | 91% |
| ROCE | 1.3 | 9.4 | 20 of 24 | 17% |
| ROE | 0.3 | 7.1 | 19 of 23 | 18% |
| Debt / Equity | 0.7 | 0.0 | 21 of 23 | 9% |
| EBITDA margin | 6.4 | 7.6 | 15 of 23 | 36% |
| Revenue growth | 33.8 | 15.4 | 3 of 22 | 91% |
| Profit growth | (48.4) | 38.1 | 18 of 21 | 15% |
| Market cap | 1790 | 3977 | 17 of 24 | 30% |
| 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 |
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