Epack Durable Limited (EPACK) AI Stock Analysis

• Market Cap: ₹23.86B
• Dividend Yield: N/A
• Average Volume (3M): 42.25K
• Price to Earnings (P/E): 58.0
• Beta (1Y): 1.48
• Revenue Growth: -3.06%
• EPS Growth: -13.31%
• Country: IN
• Employees: 920
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Construction Materials
• EPS (TTM): 0.30
• Shares Outstanding: 96,228,480
• 10 Day Avg. Volume: 36,760
• 30 Day Avg. Volume: 42,252
• PEG Ratio: 2.04
• Price to Book (P/B): 3.81
• Price to Sales (P/S): 1.67
• P/FCF Ratio: -32.68
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 4.5
• Revenue Forecast (FY): ₹21.45B

• Rating: 54 Neutral
• Price Target: ₹230.00 ▼(-18.54% Downside)
• Action: Reiterated Date: 11/21/25
• Date: Action: Reiterated 11/21/25

Epack Durable Limited's strong financial performance is overshadowed by bearish technical indicators and high valuation. The stock's oversold condition and lack of dividend yield further contribute to a cautious outlook.

Positive Factors

Healthy Profitability

Sustained healthy gross and net margins indicate efficient cost controls and pricing power within contract manufacturing. This durable profitability underpins cash generation, funds reinvestment and resilience to commodity swings, supporting long-term operational stability.

Prudent Balance Sheet

A favorable debt-to-equity profile and improving return on equity provide financial flexibility to fund capex, absorb demand cycles, and pursue strategic investments without excessive refinancing risk, bolstering the company’s long-term solvency and strategic optionality.

Operating Cash Conversion

Consistent positive operating cash flow demonstrates the business can convert profits into cash, supporting day-to-day operations and working capital needs. Over months this underpins sustainable operations and reduces reliance on external short-term funding.

Negative Factors

Negative Free Cash Flow

Persistent negative free cash flow driven by elevated capex is a structural concern; it can constrain liquidity, require external financing, and limit shareholder returns. If capex isn’t quickly accretive, cash strain may pressure strategic flexibility over the next several quarters.

Declining Revenue & EPS

Consecutive declines in revenue and EPS reflect pressure on volumes or pricing in core OEM markets. If this trend persists it can erode scale benefits, compress margins and limit reinvestment capacity, posing a medium-term headwind to earnings recovery and margin sustainability.

High Customer Reliance on OEMs

Heavy dependence on OEM and branded customers creates exposure to order variability, customer concentration and bargaining power. This structural business-model risk can produce volatile demand and margin pressure if key customers cut volumes or renegotiate terms.

Epack Durable Limited Business Overview & Revenue Model

Company Description

EPACK Durable Limited operates as room air conditioner original design manufacturer in India. The company offers window air conditioners, such as window inverter air conditioners, indoor units, outdoor units, and split inverter air conditioners; and small domestic appliance, including induction cooktops, mixer-grinders, and water dispensers. It also provides heat exchangers, cross flow fans, axial fans, sheet metal press parts, copper fabricated products, injection molded components, printed circuit board assemblies, universal motors, and induction coils for captive consumption. The company was founded in 2002 and is based in Noida, India.

How the Company Makes Money

Epack Durable Limited generates revenue through multiple streams, primarily focused on the sale of its packaging products. The company sells directly to businesses across various sectors, leveraging a B2B model that includes bulk orders and custom packaging solutions tailored to client specifications. Key revenue streams include the sale of standard packaging items, customized packaging orders, and eco-friendly product lines that cater to the growing demand for sustainable solutions. Additionally, EPACK may establish strategic partnerships with suppliers and distributors to expand its market reach and enhance its product offerings. Factors contributing to its earnings include the increasing demand for sustainable packaging, a growing e-commerce sector, and the company's ability to innovate and adapt to market trends.

Epack Durable Limited Financial Statement Overview

Summary

Epack Durable Limited shows strong revenue growth and profitability with effective cost management. The balance sheet is stable with prudent leverage, but negative free cash flow due to high capital expenditures is a concern.

Income Statement

Epack Durable Limited has demonstrated strong revenue growth with a significant increase from the previous year's revenue. The gross profit margin and net profit margin are healthy, reflecting efficient cost management and profitability. However, a decline in EBIT and EBITDA margins compared to previous periods indicates increased operational costs or pricing pressures.

Balance Sheet

The company's balance sheet shows a solid equity base with a favorable debt-to-equity ratio, suggesting prudent financial management. Return on equity has shown improvement, indicating enhanced efficiency in generating profits from shareholders' equity. However, there is room for improvement in the equity ratio, which is moderate and suggests a balanced use of leverage.

Cash Flow

While Epack Durable Limited has shown positive operating cash flow, the free cash flow is negative, indicating high capital expenditures or investment activities. The operating cash flow to net income ratio suggests that the company is effectively converting its earnings into cash, but the negative free cash flow to net income ratio poses a concern regarding cash generation after capital investments.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	20.60B	21.71B	14.20B	15.39B	9.24B	7.31B
Gross Profit	3.19B	2.36B	2.30B	2.15B	620.26M	378.61M
EBITDA	1.79B	1.79B	1.16B	1.02B	719.82M	454.46M
Net Income	546.24M	551.40M	353.73M	319.72M	174.34M	78.03M
Balance Sheet
Total Assets	0.00	20.13B	17.68B	14.64B	10.77B	5.20B
Cash, Cash Equivalents and Short-Term Investments	539.65M	442.38M	3.37B	628.63M	269.16M	115.39M
Total Debt	0.00	4.16B	3.86B	5.25B	4.15B	2.62B
Total Liabilities	-9.52B	10.61B	8.76B	11.51B	9.55B	4.51B
Stockholders Equity	9.52B	9.52B	8.92B	3.14B	1.22B	689.13M
Cash Flow
Free Cash Flow	0.00	-1.11B	1.00B	-2.14B	-2.06B	420.12M
Operating Cash Flow	0.00	37.25M	2.57B	188.27M	-289.41M	474.19M
Investing Cash Flow	0.00	-1.16B	-3.77B	-2.18B	-2.04B	-66.91M
Financing Cash Flow	0.00	192.56M	1.67B	2.35B	2.54B	-425.42M

Epack Durable Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 282.35
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:EPACK, the sentiment is Negative. The current price of 282.35 is above the 20-day moving average (MA) of 249.75, above the 50-day MA of 260.74, and below the 200-day MA of 324.62, indicating a neutral trend. The MACD of -1.22 indicates Negative momentum. The RSI at 48.54 is Neutral, neither overbought nor oversold. The STOCH value of 24.01 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:EPACK.

Epack Durable Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SREEL	67 Neutral	₹4.69B	19.23	―	―	6.38%	1.63%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
BANSWRAS	62 Neutral	₹3.89B	15.22	―	0.88%	5.59%	-5.44%
KRITINUT	60 Neutral	₹3.51B	10.82	―	0.43%	16.35%	-32.55%
EPACK	54 Neutral	₹23.86B	58.03	―	―	-3.06%	-13.31%
VARDMNPOLY	46 Neutral	₹3.87B	49.76	―	―	5.66%	―

Epack Durable Limited Corporate Events

Epack Durable Publishes Q3 FY26 Earnings Call Transcript in Line with SEBI Norms

Epack Durable Limited has released the transcript of its investors’ conference call discussing the company’s standalone and consolidated unaudited financial results for the quarter and nine months ended December 31, 2025, following its Q3 FY26 earnings call held on January 21, 2026. The disclosure, made in line with SEBI listing regulations and to both BSE and NSE, underscores the company’s emphasis on transparency and timely communication with shareholders, as the transcript is also being made available on its website for broader stakeholder access.

Epack Durable Board Clears Q3 FY26 Unaudited Results, Moves to Renew Key Director Tenures

Epack Durable Limited’s board has approved the unaudited standalone and consolidated financial results for the quarter and nine months ended 31 December 2025, and taken note of the accompanying limited review reports, marking another key disclosure in its ongoing financial reporting cycle. In the same meeting, the board moved to reinforce continuity and stability in its leadership by proposing the reappointment of Whole Time Director Bajrang Bothra for a further five-year term from June 2026, and renewing the terms of four independent directors—Priyanka Gulati, Krishnamachari Narasimhachari, Sameer Bhargava and Shashank Agarwal—for second three-year tenures beginning July 2026, all subject to shareholder approval, signalling a focus on governance consistency as the company heads into its next phase of operations.

Epack Durable to Add New Bhiwadi Plant for Air Coolers, Sues Debtor for Rs 19.6 Crore

Epack Durable Limited’s board has approved the establishment of an additional manufacturing facility in Bhiwadi, Rajasthan, to relocate its existing air cooler production lines from the current Bhiwadi plant due to space constraints, including taking new land on lease to house the operations. In a parallel move, the company has initiated legal proceedings against debtor Gangnam Steel Retail Private Limited over alleged wilful non-payment of dues amounting to about Rs 19.6 crore for supplied goods, signaling a firm stance on receivables management and potential implications for working capital and stakeholder confidence.

Epack Durable to Set Up New Bhiwadi Plant, Sues Customer Over Rs 19.6 Crore Dues

Epack Durable Limited’s board has approved the establishment of an additional manufacturing facility in Bhiwadi to address space constraints at its existing plant, with the new site dedicated to handling air cooler production through relocation of existing production lines rather than adding capacity, and supported by leasing suitable land. In a parallel move, the company has initiated legal proceedings against customer Gangnam Steel Retail Private Limited for alleged wilful non-payment of dues amounting to about Rs 19.61 crore for supplied goods, a step aimed at recovering significant receivables and reinforcing its stance on credit discipline and protection of its financial interests.