Major Estimate Revision • May 27
Consensus EPS estimates fall by 28% The consensus outlook for earnings per share (EPS) in fiscal year 2027 has deteriorated. 2027 revenue forecast decreased from ₹27.4b to ₹24.8b. EPS estimate also fell from ₹6.80 per share to ₹4.90 per share. Net income forecast to grow 1,348% next year vs 32% growth forecast for Consumer Durables industry in India. Consensus price target down from ₹284 to ₹257. Share price fell 11% to ₹231 over the past week. Price Target Changed • May 26
Price target decreased by 7.7% to ₹262 Down from ₹284, the current price target is an average from 5 analysts. New target price is 11% above last closing price of ₹235. Stock is down 39% over the past year. The company is forecast to post earnings per share of ₹5.18 for next year compared to ₹0.34 last year. New Risk • May 22
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.2% Last year net profit margin: 2.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.3x net interest cover). High level of non-cash earnings (31% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.7% average weekly change). Profit margins are more than 30% lower than last year (0.2% net profit margin). Reported Earnings • May 22
Full year 2026 earnings: EPS and revenues miss analyst expectations Full year 2026 results: EPS: ₹0.34 (down from ₹5.75 in FY 2025). Revenue: ₹19.1b (down 12% from FY 2025). Net income: ₹32.6m (down 94% from FY 2025). Profit margin: 0.2% (down from 2.5% in FY 2025). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 7.7%. Earnings per share (EPS) also missed analyst estimates by 90%. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Consumer Durables industry in India. Annonce • May 15
EPACK Durable Limited to Report Q4, 2026 Results on May 20, 2026 EPACK Durable Limited announced that they will report Q4, 2026 results on May 20, 2026 Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹291, the stock trades at a forward P/E ratio of 49x. Average forward P/E is 33x in the Consumer Durables industry in India. Total loss to shareholders of 20% over the past year. New Risk • Apr 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risk Share price has been volatile over the past 3 months (9.0% average weekly change). Major Estimate Revision • Jan 27
Consensus EPS estimates fall by 28% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ₹22.2b to ₹20.8b. EPS estimate also fell from ₹3.73 per share to ₹2.70 per share. Net income forecast to grow 43% next year vs 35% growth forecast for Consumer Durables industry in India. Consensus price target down from ₹371 to ₹294. Share price fell 9.6% to ₹236 over the past week. Reported Earnings • Jan 22
Third quarter 2026 earnings released: EPS: ₹0.27 (vs ₹0.26 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.27 (up from ₹0.26 in 3Q 2025). Revenue: ₹4.28b (up 14% from 3Q 2025). Net income: ₹25.9m (up 3.2% from 3Q 2025). Profit margin: 0.6% (down from 0.7% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Consumer Durables industry in India. Annonce • Jan 13
EPACK Durable Limited to Report Q3, 2026 Results on Jan 20, 2026 EPACK Durable Limited announced that they will report Q3, 2026 results on Jan 20, 2026 New Risk • Dec 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). High level of non-cash earnings (24% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change). Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹301, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 33x in the Consumer Durables industry in India. Total loss to shareholders of 39% over the past year. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹283, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 37x in the Consumer Durables industry in India. Total loss to shareholders of 42% over the past year. Price Target Changed • Nov 09
Price target decreased by 11% to ₹390 Down from ₹436, the current price target is an average from 4 analysts. New target price is 31% above last closing price of ₹299. Stock is down 40% over the past year. The company is forecast to post earnings per share of ₹5.20 for next year compared to ₹5.75 last year. Reported Earnings • Nov 05
Second quarter 2026 earnings released: ₹2.32 loss per share (vs ₹0.89 loss in 2Q 2025) Second quarter 2026 results: ₹2.32 loss per share (further deteriorated from ₹0.89 loss in 2Q 2025). Revenue: ₹2.19b (down 42% from 2Q 2025). Net loss: ₹222.5m (loss widened 162% from 2Q 2025). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Consumer Durables industry in India. Annonce • Oct 27
EPACK Durable Limited to Report Q2, 2026 Results on Nov 04, 2025 EPACK Durable Limited announced that they will report Q2, 2026 results on Nov 04, 2025 Annonce • Aug 25
EPACK Durable Limited, Annual General Meeting, Sep 16, 2025 EPACK Durable Limited, Annual General Meeting, Sep 16, 2025, at 11:00 Indian Standard Time. Reported Earnings • Jul 20
First quarter 2026 earnings released: EPS: ₹2.39 (vs ₹2.44 in 1Q 2025) First quarter 2026 results: EPS: ₹2.39 (down from ₹2.44 in 1Q 2025). Revenue: ₹6.68b (down 14% from 1Q 2025). Net income: ₹228.9m (down 2.2% from 1Q 2025). Profit margin: 3.4% (up from 3.0% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Consumer Durables industry in India. Price Target Changed • May 29
Price target decreased by 7.8% to ₹510 Down from ₹553, the current price target is an average from 3 analysts. New target price is 34% above last closing price of ₹381. Stock is up 121% over the past year. The company is forecast to post earnings per share of ₹7.37 for next year compared to ₹5.75 last year. Reported Earnings • May 28
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: ₹5.75 (up from ₹4.35 in FY 2024). Revenue: ₹21.9b (up 54% from FY 2024). Net income: ₹551.4m (up 56% from FY 2024). Profit margin: 2.5% (in line with FY 2024). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 19%. Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Consumer Durables industry in India. Annonce • May 14
EPACK Durable Limited to Report Q4, 2025 Results on May 27, 2025 EPACK Durable Limited announced that they will report Q4, 2025 results on May 27, 2025 Annonce • Apr 24
EPACK Durable Limited Announces Resignation of Vibhav Niren Parikh, Non-executive Nominee Director, Effective April 22, 2025 EPACK Durable Limited announced resignation of Mr. Vibhav Niren Parikh, Non-executive Nominee Director (DIN: 00848207) from the directorship of the Company due to paucity of time, effective April 22, 2025. Annonce • Apr 08
Kailash Chandra Jain Resigns as Independent Director of EPACK Durable Limited, Effective April 06, 2025 EPACK Durable Limited announced that Mr. Kailash Chandra Jain (DIN: 08874667), has tendered his resignation from the position of Independent Director of the
Company, with effect from April 06, 2025, due to his pre-occupation and various other commitments. Consequently, he shall also cease to be a Member of the Risk Management Committee of the Company. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹370, the stock trades at a forward P/E ratio of 53x. Average forward P/E is 38x in the Consumer Durables industry in India. Total returns to shareholders of 104% over the past year. Annonce • Feb 06
EPACK Durable Limited Announces Resignation of Nikhil Mohta as Non-Executive Nominee Director EPACK Durable Limited informed that ICICI Ventures Fund Management Company Limited (in its capacity as the Investment Manager of India Advantage Fund S4 I) has withdrawn the Nomination of Mr. Nikhil Mohta (DIN:00932030) as Non-Executive Nominee Director, consequent to which Mr. Nikhil Mohta has tendered his resignation as the Non-Executive Nominee Director of the Company, with effect from February 06, 2025. Reported Earnings • Feb 01
Third quarter 2025 earnings released: EPS: ₹0.26 (vs ₹0.62 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.26 (down from ₹0.62 in 3Q 2024). Revenue: ₹3.82b (up 37% from 3Q 2024). Net income: ₹25.1m (down 49% from 3Q 2024). Profit margin: 0.7% (down from 1.8% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Consumer Durables industry in India. Annonce • Jan 31
EPACK Durable Limited Approves the Appointment of Jyoti Verma as the Company Secretary and Compliance Officer EPACK Durable Limited at the meeting held on January 31, 2025, Approved the appointment of Ms. Jyoti Verma as the Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company with effect from January 31, 2025 as per the recommendation of Nomination and Remuneration Committee of the Board of Directors. Ms. Jyoti Verma is a commerce and law graduate. She is a fellow member of the Institute of Company Secretaries of India. Ms. Jyoti Verma has more than 20 years of work experience in large and widely held listed Companies and has previously worked with Lemon Tree Hotels Ltd, KRBL Limited, Simbhaoli Sugars Limited, Dhanuka Agritech Limited, B.C Jindal Group etc. Annonce • Jan 28
EPACK Durable Limited to Report Q3, 2025 Results on Jan 31, 2025 EPACK Durable Limited announced that they will report Q3, 2025 results on Jan 31, 2025 Annonce • Dec 27
Hisense Group to Acquire 15%-26% Stake in Epack's New Plant in India Hisense Company Limited planned to acquire a stake of between 15% and 26% in a new air conditioning and washing machine manufacturing plant being established by Epack (EPACK Durable Limited (NSEI:EPACK)) in Sri City, Andhra Pradesh, a top company official said on December 26, 2024. It will depend on the Indian government regulations regarding foreign direct investment (FDI) from China, he said. "We will take a minimum of 15% or a maximum of 26%, depending on the permissions and regulations in place," Hisense India managing director Steven Li said. He acknowledged that the group is keen on a greater commitment to India if regulations permit. The facility in Andra Pradesh, an exclusive manufacturing site for Epack Durables, will produce air conditioners and washing machines at an investment of INR 2,500 million in the first phase, another official said. "The plant will be operated by a special purpose vehicle, Epack Manufacturing Technologies, in which Hisense will acquire the stake. It will commence mass production from October 2025," Li said. Annonce • Dec 24
Hisense Group Plans to Acquire A Stake of Up to 26% in Epack Manufacturing Technologies Hisense Home Appliances Group Co., Ltd. (SZSE:000921) China's largest television manufacturer and among its largest appliance makers, is planning to acquire a stake of up to 26% in Indian contract manufacturer EPACK Durable Limited (NSEI:EPACK)'s wholly owned subsidiary, said a top executive. Epack is building a large manufacturing facility in Sri City, Andhra Pradesh, to produce air conditioners, refrigerators, washing machines and small domestic appliances under the Hisense brand. The factory will be set up by the newly created subsidiary, Epack Manufacturing Technologies where Hisense will acquire the stake. "Hisense is in talks to buy up to 26% equity in Epack Manufacturing Technologies," Epack Durable's managing director Ajay DD Singhania told ET. "They have big plans for India and want to even export. There will be a component vendor park too. We have applied for 80-100 acres for the land in Sri City and total investment plans are still under finalisation," he added. Singhania did not disclose Epack's valuation or the proposed investment which the subsidiary will make. Hisense did not respond to email queries. Annonce • Dec 04
EPACK Durable Limited Announces Resignation of Arjit Gupta as Company Secretary & Compliance Officer EPACK Durable Limited announced that Mr. Arjit Gupta has tendered his resignation from the post of Company Secretary and Compliance Officer (KMP under the Companies Act, 2013) of the Company effective close of working hours on December 04, 2024. The resignation has been accepted and he is relieved from his services from the closing hours of December 04, 2024. Reported Earnings • Nov 14
Second quarter 2025 earnings released: ₹0.89 loss per share (vs ₹0.62 profit in 2Q 2024) Second quarter 2025 results: ₹0.89 loss per share (down from ₹0.62 profit in 2Q 2024). Revenue: ₹3.82b (up 37% from 2Q 2024). Net loss: ₹84.9m (down 274% from profit in 2Q 2024). Annonce • Nov 08
EPACK Durable Limited to Report Q2, 2025 Results on Nov 12, 2024 EPACK Durable Limited announced that they will report Q2, 2025 results on Nov 12, 2024 Annonce • Sep 11
EPACK Durable Limited Announces Resignation of Esha Gupta as Company Secretary and Compliance Officer EPACK Durable Limited informedd that Ms. Esha Gupta, Company Secretary and Compliance Officer of the Company has tendered her resignation from the position of Company Secretary & Compliance Oficer of the Company and will be relieved from the services of the Company with effect from close of business hours on September 10, 2024. Annonce • Sep 10
EPACK Durable Limited Announces Change in Directorate EPACK Durable Limited announced that the Board of Directors of the Company have, wide circular resolution dated September 10, 2024, Appointment of Dr. Ravi Gupta (DIN: 00023487) as an Additional Director in the capacity of Non-Executive & Independent Director for a term of three years with effect from September 10, 2024. Appointment of Mr. Laxmi Pat Bothra (DIN: 00130593) as an Additional Director in the capacity of Non-Executive Director with effect from September 10, 2024. Re-constitution of following statutory committees of the Board with effect from September 10, 2024: Audit Committee: 1. Ms. Priyanka Gulati, Independent Director (Chairperson) 2. Mr. Sameer Bhargava, Independent Director 3. Mr. Shashank Agarwal, Independent Director 4. Dr. Ravi Gupta, Independent Director (Additional Director) 5. Mr. Vibhav Niren Parikh, Nominee Director (Non-Executive Director) 6. Mr. Sanjay Singhania, Whole Time Director; Nomination and Remuneration Committee: 1. Ms. Priyanka Gulati, Independent Director (Chairperson) 2. Mr. Sameer Bhargava, Independent Director 3. Dr. Ravi Gupta, Independent Director (Additional Director) 4. Mr. Bajrang Bothra, Whole Time Director; Stakeholders' Relationship Committee: 1. Mr. Krishnamachari Narasimhachari, Independent Director (Chairperson) 2. Mr. Bajrang Bothra, Whole Time Director 3. Mr. Vibhav Niren Parikh, Nominee Director (Non- Executive Director) 4. Mr. Laxmi Pat Bothra, Non-Executive Director (Additional Director); Corporate Social Responsibility Committee: 1. Mr. Ajay DD Singhania, Managing Director & CEO (Chairperson) 2. Mr. Vibhav Niren Parikh, Nominee Director 3. Mr. Priyanka Gulati, Independent Director 4. Mr. Laxmi Pat Bothra, Non-Executive Director (Additional Director). Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹299, the stock trades at a trailing P/E ratio of 57.3x. Average trailing P/E is 54x in the Consumer Durables industry in India. Annonce • Aug 13
EPACK Durable Limited, Annual General Meeting, Sep 06, 2024 EPACK Durable Limited, Annual General Meeting, Sep 06, 2024, at 11:00 Indian Standard Time. Reported Earnings • Jul 25
First quarter 2025 earnings released: EPS: ₹2.44 (vs ₹4.91 in 1Q 2024) First quarter 2025 results: EPS: ₹2.44 (down from ₹4.91 in 1Q 2024). Revenue: ₹7.74b (up 21% from 1Q 2024). Net income: ₹234.1m (down 30% from 1Q 2024). Profit margin: 3.0% (down from 5.2% in 1Q 2024). The decrease in margin was driven by higher expenses. Annonce • Jul 18
EPACK Durable Limited to Report Q1, 2025 Results on Jul 24, 2024 EPACK Durable Limited announced that they will report Q1, 2025 results on Jul 24, 2024 Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹265, the stock trades at a trailing P/E ratio of 71.8x. Average trailing P/E is 51x in the Consumer Durables industry in India. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹206, the stock trades at a trailing P/E ratio of 55.8x. Average trailing P/E is 47x in the Consumer Durables industry in India. Annonce • Jun 02
EPACK Durable Limited Appoints Maneesh Bahuguna as Senior Vice President (Rac Operations) EPACK Durable Limited announced appointment of Senior Management Personnel ("SMP") - Mr. Maneesh Bahuguna as Senior Vice President (RAC Operations). The said appointment is pursuant to recommendation of the Nomination and Remuneration Committee of the Board and subsequent approval of the Board of Directors. Appointment with effect from June 01, 2024. Mr. Maneesh Bahuguna, aged about 52 years, has over 30 years of work experience in the field of overseeing Profitability, Business Growth, Operational Excellence, Strategic Sourcing, Sourcing & Supplier Sustainability, Exports, Strategic Purchase etc. He has the varied experience of working with global leaders (Fortune 500 to Startups) in diversified categories across B2B/B2C segments, Manufacturing etc. He holds a Bachelors degree of Engineering from IIT Roorkee. He has been previously associated with Ekharkhana as Founder, udaan.com as Business Head, Flipkart, Inter IKEA Group, Philips Electronics, Angelo Brothers, Gulf Advanced Lighting, Schneider Electric, Phoenix Lamps. Also, he shall be heading the Room Air Conditioner (RAC) business segment in the Company where he shall be responsible for the overall growth and sustainability of the RAC business. Reported Earnings • May 29
Full year 2024 earnings released: EPS: ₹4.35 (vs ₹4.71 in FY 2023) Full year 2024 results: EPS: ₹4.35. Revenue: ₹14.3b (down 7.2% from FY 2023). Net income: ₹353.7m (up 11% from FY 2023). Profit margin: 2.5% (up from 2.1% in FY 2023). The increase in margin was driven by lower expenses. Annonce • May 23
EPACK Durable Limited to Report Q4, 2024 Results on May 28, 2024 EPACK Durable Limited announced that they will report Q4, 2024 results on May 28, 2024 Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹205, the stock trades at a trailing P/E ratio of 48.1x. Average trailing P/E is 44x in the Consumer Durables industry in India. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹178, the stock trades at a trailing P/E ratio of 41.8x. Average trailing P/E is 42x in the Consumer Durables industry in India. Reported Earnings • Feb 18
Third quarter 2024 earnings released Third quarter 2024 results: EPS: ₹0.62. Net income: ₹48.9m (up ₹48.9m from 3Q 2023). Annonce • Feb 10
EPACK Durable Limited to Report Q3, 2024 Results on Feb 15, 2024 EPACK Durable Limited announced that they will report Q3, 2024 results on Feb 15, 2024 Board Change • Jan 30
High number of new directors There are 8 new directors who have joined the board in the last 3 years. Independent Director Sameer Bhargava was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.