EPACK Durable Limited — Investor Meet, 03-06-2025: Analysts/Institutional Investor Meet/Con. Call Updates

EPACK Durable reported Q4 revenue of ₹643 Cr, up 22% YoY, with EBITDA rising 30% to ₹72 Cr and margins improving to 11.2%. FY25 revenue grew 53% to ₹2,171 Cr, EBITDA increased 36% to ₹158 Cr (7.3% margin), and PAT climbed 56% to ₹55 Cr. Net debt stands at ₹355 Cr (0.37x net debt-equity).

Management highlighted capacity ramp-up at Sri City and strong growth across RAC (64% of revenues), SDA, components, and large appliances. A new BLDC motor JV will start production in Q2 FY26, and a subsidiary for Hisense business production begins by Q4 FY26. Despite near-term demand pressure due to weather and trade inventory, management expects 35%+ revenue growth in FY26 with 7.5% EBITDA margins improving medium-term. Capex of ₹450–500 Cr planned for expansion. Product additions and improving asset turns (3.2x in FY25, targeting 4x by FY27) support growth ambitions. Promoter pledge is temporary, to clear by Q2 FY26. Tone remains confident on growth and margin expansion amid short-term softness.