Epack Durable Limited (EPACK) AI Stock Analysis

• Market Cap: ₹22.44B
• Dividend Yield: N/A
• Average Volume (3M): 42.25K
• Price to Earnings (P/E): 262.2
• Beta (1Y): 1.23
• 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: ₹227.00 ▼(-19.60% 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

Prudent balance sheet and leverage

Epack's solid equity base and favorable debt-to-equity ratio provide durable financial flexibility, enabling capital allocation to plant upgrades or working capital without excessive leverage. Improved ROE signals more efficient use of shareholder capital, supporting long-term solvency and investment capacity.

Healthy gross and net profit margins

Reported healthy gross and net margins imply the company retains pricing power or superior cost controls in its OEM manufacturing model. Sustained margins support cash generation, resilience to input volatility, and the ability to reinvest in tooling and capabilities that underpin long-term client relationships.

Strong operating cash conversion

Consistent positive operating cash flow and good conversion of earnings into cash indicate core manufacturing operations generate durable cash. This supports working capital needs, servicing obligations and incremental reinvestment even during cyclical revenue periods, enhancing operational resilience.

Negative Factors

Negative free cash flow from high capex

Negative free cash flow driven by sustained capital spending reduces near-term financial flexibility. In a capital‑intensive manufacturing business, ongoing capex needs can strain cash balances or force external funding, limiting shareholder returns and constraining strategic moves over the next several months if not normalized.

Declining revenue and EPS trends

Reported declines in revenue (~5.2%) and EPS (~9.6%) point to weakening demand or margin pressure. Persistent top-line and earnings contraction erode internal funding for capex and R&D, reduce operating scale benefits, and make sustaining long‑term profitability harder absent new customer wins or structural market improvement.

EBIT and EBITDA margin compression

A decline in EBIT and EBITDA margins signals rising operating costs or reduced pricing power in contract manufacturing. Margin compression weakens returns on invested capital, leaves less cushion against input inflation, and can materially reduce long-term free cash generation unless efficiencies or pricing restores prior margin levels.

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 makes money by manufacturing products and components for other companies (OEM/brand customers) under contract manufacturing and ODM arrangements. Its core revenue streams are (1) manufacturing and supplying room air conditioners and air-conditioner sub-assemblies/components (where revenue is earned per unit supplied under customer orders and supply agreements) and (2) manufacturing and supplying injection-moulded plastic components (sold as B2B components to appliance and other industrial customers). Revenue is primarily driven by order volumes from OEM/brand customers, the mix of higher-value assembled products versus components, and pricing that typically reflects raw material inputs, processing, and value-added assembly/design services. Specific customer names, contract terms, margins, or partnership details are null because they are not available in the provided context.

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	18.96B	21.71B	14.20B	15.39B	9.24B	7.31B
Gross Profit	2.97B	2.36B	2.30B	2.15B	620.26M	378.61M
EBITDA	1.71B	1.79B	1.16B	1.02B	719.82M	454.46M
Net Income	408.70M	551.40M	353.73M	319.72M	174.34M	78.03M
Balance Sheet
Total Assets	20.16B	20.13B	17.68B	14.64B	10.77B	5.20B
Cash, Cash Equivalents and Short-Term Investments	1.47B	442.38M	3.37B	628.63M	269.16M	115.39M
Total Debt	7.24B	4.16B	3.86B	5.25B	4.15B	2.62B
Total Liabilities	10.59B	10.61B	8.76B	11.51B	9.55B	4.51B
Stockholders Equity	9.57B	9.52B	8.92B	3.14B	1.22B	689.13M
Cash Flow
Free Cash Flow	-3.51B	-1.11B	1.00B	-2.14B	-2.06B	420.12M
Operating Cash Flow	-2.09B	37.25M	2.57B	188.27M	-289.41M	474.19M
Investing Cash Flow	-683.25M	-1.16B	-3.77B	-2.18B	-2.04B	-66.91M
Financing Cash Flow	2.75B	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: Positive
• RSI: Neutral
• STOCH: Positive

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 244.48, above the 50-day MA of 248.63, and below the 200-day MA of 314.66, indicating a bearish trend. The MACD of -4.63 indicates Positive momentum. The RSI at 37.02 is Neutral, neither overbought nor oversold. The STOCH value of 5.77 is Positive, 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	₹4.30B	16.67	―	―	6.38%	1.63%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
BANSWRAS	62 Neutral	₹3.85B	7.04	―	0.88%	5.59%	-5.44%
KRITINUT	60 Neutral	₹3.19B	9.38	―	0.43%	16.35%	-32.55%
EPACK	54 Neutral	₹22.44B	262.25	―	―	-3.06%	-13.31%
VARDMNPOLY	46 Neutral	₹3.52B	497.66	―	―	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.