The event was an earnings conference call to discuss the Standalone and Consolidated Financial Statements/Results for the quarter and financial year ended March 31, 2026.
The call was held on May 21, 2026, and was moderated by Mr. Manan Goyal from ICICI Securities.
The stated purpose was to provide a review of the company's quarterly and annual performance and to answer questions from analysts and investors.
The meeting was held after the earnings announcement, as it discusses the results for the period ended March 31, 2026.
Management participants included:
Mr. Bajrang Bothra – Chairman and Whole-Time Director
Mr. Ajay DD Singhania – Managing Director and Chief Executive Officer
Mr. Rajesh Kumar Mittal – Chief Financial Officer
The transcript of the call was made available on the company's website at www.epackdurable.com.
The company did not indicate that any unpublished price sensitive information (UPSI) would be shared during the call.
Financial Highlights Disclosed
Q4 FY26 Performance:
Revenue from operations: Rs. 591 crore (declined 8% YoY)
EBITDA: Rs. 25.8 crore (declined 64.2% YoY)
EBITDA Margin: 4.37% (vs. 11.21% in Q4 FY25)
Net Profit: Rs. 2.4 lakh
FY26 Full Year Performance:
Revenue from operations: Rs. 1,894 crore (declined 12.7% YoY)
EBITDA: Rs. 113.9 crore (declined 27.7% YoY)
EBITDA Margin: 6.01% (vs. 7.26% in FY25)
Net Profit: Rs. 3.3 crore
The company recognized an incentive of Rs. 21.78 crore under the Rajasthan Investment Promotion Scheme (RIPS) 2024.
The company reversed previously recognized PLI income of Rs. 32.42 crore accrued during the nine months ended December 31, 2025.
Operational and Strategic Highlights
FY26 was a challenging year for the Room Air Conditioner (RAC) industry due to unseasonal weather, channel inventory recalibration, commodity inflation, and demand deferment.
The company added 17 new customers in FY26, taking the total active customer base to 72.
The SDA and LDA segment delivered robust growth of approximately 53% YoY in Q4.
The components business grew approximately 50% YoY in Q4.
The wholly-owned subsidiary, EPACK Manufacturing Technologies Limited (Hisense JV), became operational in Q4 FY26.
Q4 FY26 CAPEX was approximately Rs. 79 crores, primarily for washing machine capacity expansion and component manufacturing.
Additional Notes Section
The document is an enclosed transcript of the investors' conference call, filed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Financial data for Q4 FY26 and FY26 was disclosed in the transcript during the management's opening remarks.