Event Type and Details:

  • The document contains the transcript of the Q1 FY27 Earnings Conference Call held on August 03, 2026.
  • The call was hosted by PhillipCapital Private Client Group and moderated by Mr. Anuj Shah.
  • The purpose was to discuss the company's operational and financial performance for the quarter ended June 30, 2026 (Q1 FY27).

Management Participants:

  • Mr. Sanjay Singhania - Managing Director and Chief Executive Officer
  • Mr. Rahul Agarwal - Chief Financial Officer

Financial Performance Highlights (Q1 FY27 vs Q1 FY26):

  • Revenue: Increased to INR366 crores from INR295 crores (25% YoY growth)
  • EBITDA: Grew to INR35 crores from INR30.9 crores
  • EBITDA Margin: Contracted to 9.4% from 10.5% (100 basis points reduction)
  • PAT Margin: Stood at 5.0% compared to 5.4%
  • The margin contraction was attributed to steel price increases due to geopolitical tensions, though the impact was limited to 100 basis points versus an estimated 200 basis points through smart procurement and price pass-through.

Order Book and Inflows:

  • Quarterly Order Inflow: INR580 crores in Q1 FY27 vs INR240 crores in Q1 FY26 (150% growth)
  • Total Order Book: INR1,380 crores as of June 30, 2026, providing 6-8 months visibility
  • Notable Orders: Included a INR165 crores order from a renewable energy company for a solar cell/module plant, a first order from an automobile company, and repeat orders from existing clients like Waaree Energies and Horizon for warehousing.
  • FY27 Order Inflow Target: INR2,000 crores

Capacity and Utilization:

  • All four manufacturing plants were running at near full capacity.
  • Prefab division average capacity utilization: 75%+
  • Sandwich panel line at Mambattu, Andhra Pradesh: Utilization improved to 45% from 25% in FY26
  • Order Book for Sandwich Panels: 4.7 lakh square meters

FY27 Guidance:

  • Revenue: INR1,900-1,950 crores (~30% growth over FY26)
  • EBITDA Margin: Expected to normalize to 10.5-11.5% from Q2 FY27 onwards

Business Segments and Strategy:

  • End-user Mix: Energy (renewable, transformers, wires/cable) and Logistics (22-25% of order book) are key drivers. Auto and FMCG are steady contributors.
  • Exports: Secured first export order of INR2.5 crores (sandwich panels to Africa). Developing go-to-market strategy for international markets.
  • Data Center Business: Formed subsidiary 'EPACK Data Center Solutions' with INR75 crores earmarked for investment. Focusing on product development for hot/cold air containment zones, pipe spooling, and P&M modules. Working on projects with Adani and others. Margins expected to be better than core business.
  • Market Share: Estimated at 5-6% in FY26, targeting 7-7.5% in FY27.
  • Win Rate: ~20%, considered healthy for the industry.

Capacity Expansion Timeline and Revenue Potential:

  • Ghiloth Sandwich Panel Line: Commissioning by end of Q2 FY27 (commercial production from Q3)
  • Andhra Pradesh Second Line: Expected in Q3 FY27
  • Gujarat Plant (50,000 MT): Commissioning in Q4 FY27 (production from April 2027)
  • Peak Revenue Potential: INR2,700-2,900 crores post full capacity expansion

Compliance Statement:

  • The transcript was made available on the company's website at https://epackprefab.com/investor-relations/#uagb-tabs__tab4 as part of regulatory compliance (Regulation 30 read with Schedule III of SEBI LODR Regulations, 2015).
  • The document does not explicitly state that no Unpublished Price Sensitive Information (UPSI) was shared.

Additional Notes Section

  • The document is an enclosed transcript of the conference call, submitted as a regulatory filing.
  • No standalone financial data was disclosed in this specific announcement; all figures were part of the discussion in the transcript.
  • The summary is based strictly on the disclosed transcript; no extrapolation or inference has been made.