Epack Durable Ltd
NSE: EPACK BSE: 544095
Incorporated in 2019, EPACK Durable Limited is an Original Design Manufacturer (ODM) of room air conditioners (RAC).[1]
₹238
52W: ₹196 — ₹415
PE 43.7 · Book ₹101 · +136% vs bookMarket Cap₹2,290 Cr
Stock P/E43.7Price to Earnings
ROCE9.91%Return on Capital
ROE6.3%Return on Equity
Div. Yield0%Face Value ₹10
Strengths
- +Company has delivered good profit growth of 96.3% CAGR over last 5 years
- +Debtor days have improved from 72.5 to 50.1 days.
Weaknesses
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Company has a low return on equity of 6.99% over last 3 years.
Shareholding Pattern
Promoters47.18%
FIIs0.28%
DIIs6.56%
Public45.97%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 48.14% | 48.06%▼0.1 | 48.04%▼0.0 | 48.04% | 48.04% | 47.91%▼0.1 | 47.18%▼0.7 | 47.18% |
| FIIs | 0.73% | 1.97%▲1.2 | 1.31%▼0.7 | 1.58%▲0.3 | 0.41%▼1.2 | 1.48%▲1.1 | 0.26%▼1.2 | 0.28%▲0.0 |
| DIIs | 16.01% | 10.58%▼5.4 | 8.98%▼1.6 | 6.57%▼2.4 | 5.55%▼1.0 | 5.91%▲0.4 | 7.06%▲1.1 | 6.56%▼0.5 |
| Public | 35.12% | 39.4%▲4.3 | 41.66%▲2.3 | 43.81%▲2.2 | 46.01%▲2.2 | 44.7%▼1.3 | 45.51%▲0.8 | 45.97%▲0.5 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 172.55 | 279.06 | 525.7 | 773.68 | 377.1 | 376.84 | 643.25 | 662.39 | 213.26 | 427.75 |
| Expenses | 164.95 | 255.33 | 470.25 | 721.99 | 367.48 | 352.73 | 571.11 | 607.72 | 212.39 | 395.9 |
| Operating Profit | 7.6 | 23.73 | 55.45 | 51.69 | 9.62 | 24.11 | 72.14 | 54.67 | 0.87 | 31.85 |
| OPM % | 4.4% | 8.5% | 10.55% | 6.68% | 2.55% | 6.4% | 11.21% | 8.25% | 0.41% | 7.45% |
| Net Profit | -5 | 5.15 | 28.25 | 23.55 | -7.97 | 3.21 | 39.44 | 23.86 | -17.7 | 6.81 |
| EPS ₹ | -0.96 | 0.66 | 2.95 | 2.46 | -0.83 | 0.33 | 4.11 | 2.49 | -1.84 | 0.71 |
AI Insights
Revenue Trend
TTM revenue at ₹1,947Cr, down 10.3% YoY. OPM at 8%.
Debt Position
Borrowings at ₹684Cr. Debt-to-equity ratio: 0.79x. Moderate leverage.
Capex Cycle
CWIP at ₹85Cr (11% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 6.56% (-11.61pp change). FIIs: 0.28% (-1.02pp change). Promoters hold 47.18%.
Margin & Efficiency
ROCE improving from 0% (Mar 2020) to 10% (Mar 2025). Working capital days: -2.
Valuation
PE 43.7x with 9.91% ROCE. Price is 136% above book value of ₹101. Dividend yield: 0%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 1d - Conference call scheduled on May 21, 2026 for Q4FY26 and FY26 audited results.
- Board Meeting Intimation for Considering And Approving Audited Standalone And Consolidated Financial Statements/ Results Of The Company For Quarter And Year Ended March 31, 2026 2d - Board meeting on May 20, 2026 to approve audited standalone and consolidated FY26 results.
- Announcement under Regulation 30 (LODR)-Monitoring Agency Report 2d - Monitoring agency report for Q4 FY26 says IPO proceeds fully utilized; no material deviation.
- Announcement Under Regulation 30 Of SEBI Listing Regulations, 2015 - Update On Pending Litigation 30 Apr - Delhi High Court remanded customs SCN matter to CBIC; no immediate material financial impact.
- Announcement under Regulation 30 (LODR)-Change in Directorate 23 Apr - Narayan Lodha resigns as Executive Director and Group CFO effective April 30, 2026.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Rating update 27 Jan from icra