EPL Limited Q1FY27 Revenue Growth 25.3%

Delivered strong revenue growth of 25.3% driven by broad-based momentum across categories and regions
Growth was aided by inflation-led pricing; excluding commodity pass-through pricing, underlying revenue growth was 20%
'Personal Care & beyond' category (includes Beauty & Cosmetics, Pharma) grew at 25.1% YoY in Q1FY27
Recyclable volumes now comprise 44% of the portfolio with Platina set as benchmark for sustainable solutions

Regional Performance:

AMESA: +17.0% revenue growth driven by solid Beauty & Cosmetics momentum and Oral care recovery
India: +19.9% revenue growth reflecting accelerated growth momentum
EAP: +34.3% revenue growth driven by strong momentum in Beauty & Cosmetics and premiumization in Oral Care
Americas: +29.4% revenue growth with broad-based growth; Brazil delivered strong performance
Europe: +20.2% revenue growth led by Beauty & Cosmetics and key customer recovery

Business Segment Performance:

'Personal Care & beyond' (Beauty & Cosmetics, Pharma etc.) represents 54% of total revenue
The segment has grown at ~9% CAGR over the last 12 years

Q1FY27 Consolidated Financials (INR million):

Revenue: Not specified in exact amount but reported 25.3% growth
Underlying EBITDA margin: 19.6%
Reported EBITDA margin: 18.8% (due to commodity inflation led pricing included in revenue)
PAT: Declined by 1.4% while PBT increased by 10%
ROCE: 18.5% with marginal decline of 37 bps vs previous year

Profitability Drivers:

EBITDA growth of 15.2%
PAT decline attributed to lapping very low base year ETR (Effective Tax Rate) which will correct on full year basis
Net debt increase due to ahead-of-the-curve capex investments and higher working capital due to Middle East crisis

Regional Revenue Growth (YoY):

Net debt: Increased due to ahead-of-the-curve capex investments and higher working capital
ROCE: 18.5% (declined 37 bps vs previous year primarily due to capex investments)

Innovation Pipeline:

Neoseam: Revolutionary technology enabling 360° Seamless Visualization Printing in laminated tubes
Tube in Tube: Dual-tube system dispensing separate formulations simultaneously
Tiara Caps: Ring and UNO - integrated cap with shoulder reducing weight and plastic consumption
Applicators: Dropper tip for precise application and cooling metal precision tip
Embellishments: Skin feel texture, soft touch silicon tube, 4D micro-engraving, double laser stamping

Sustainability Initiatives:

Platina tubes certified through APR and CIPET as sustainable solution benchmark
EcoVadis Platinum Rating (top 1% of companies globally)
Three sites certified as Zero Waste to Landfill by SGS India Ltd (Vasind, Nalagarh, Wada)
Topmost "A" rating in supplier engagement for third consecutive year
CDP Climate & Water A List 2025 (top ~2% of companies globally)

Strategic Outlook:

Merger Update with Indovida:

Transaction announced on February 6, 2026 to create consumer packaging leader
CCI approval received on May 20, 2026
Foreign Antitrust approvals: Applications filed in 10 jurisdictions, 8 received approval
Stock Exchange approval: Application with NSE and BSE
NCLT application: Scheduled to be filed in Q2FY27
Expected completion timeline: As per transaction announcement

Alignment with 7 UN Sustainable Development Goals
Plastic waste management: Over 55,000 kgs of plastic waste collected
Community development: Government school buildings, computer labs, libraries, RO systems, village road improvements
Skill training: 1,200+ students trained in vocational and technical skills