Incorporated in 2019, EPACK Durable Limited is an Original Design Manufacturer (ODM) of room air conditioners (RAC).[1]
Leading Manufacturer of Air Conditioner[1]Founded in 2003, EPACK Durable Ltd started as a contract manufacturer of consumer durables and transitioned to an Original Design Manufacturer (ODM) for air conditioners and small appliances in 2012. Today, EPACK is India’s2nd largest room air conditionerODM, with 24% domestic market share in H1FY25
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | LG Electronics | 1469.50 | 48.55 | 99745.60 | 0.00 | 389.43 | -27.30 | 6174.03 | 0.98 | 56.83 | 24366.64 | 12.78 | 2200.92 | 389.43 | – | 21.99 | 0.07 |
| 2. | Voltas | 1476.80 | 89.19 | 48865.06 | 0.47 | 31.50 | -74.41 | 2347.32 | -10.38 | 17.64 | 14158.57 | 4.61 | 547.90 | 34.29 | 7.67 | 6.56 | 0.28 |
| 3. | Blue Star | 1848.90 | 70.80 | 38016.12 | 0.49 | 98.78 | 2.93 | 2422.37 | 6.43 | 26.20 | 12230.94 | 7.10 | 536.92 | 99.01 | 12.22 | 7.88 | 0.33 |
| 4. | Amber Enterp. | 6712.00 | 105.89 | 23607.47 | 0.00 | -32.15 | -271.15 | 1647.01 | -2.24 | 14.49 | 10983.17 | 6.97 | 222.95 | -32.86 | 6.47 | 3.37 | 0.77 |
| 5. | Crompton Gr. Con | 259.75 | 34.36 | 16725.69 | 1.15 | 75.42 | -31.79 | 1915.57 | 1.02 | 19.01 | 7743.80 | 10.36 | 486.80 | 85.19 | 4.92 | 9.09 | 0.05 |
| 6. | V-Guard Industri | 330.90 | 49.70 | 14438.64 | 0.45 | 65.29 | 3.00 | 1340.92 | 3.63 | 19.50 | 5613.73 | 8.55 | 290.49 | 65.29 | 6.59 | 9.57 | 0.07 |
| 7. | Eureka Forbes | 642.40 | 67.48 | 12424.25 | 0.00 | 61.59 | 38.40 | 773.45 | 14.95 | 5.04 | 2591.57 | 11.32 | 184.13 | 61.59 | 2.76 | 2.55 | 0.02 |
| 8. | Epack Durable | 286.90 | 56.56 | 2760.80 | 0.00 | -17.70 | -122.08 | 213.26 | -43.45 | 9.91 | 1895.74 | 8.01 | 48.81 | -17.70 | 2.85 | 3.08 | 0.71 |
| – | Median: 23 Co. | 625.95 | 49.28 | 5506.34 | 0.27 | 19.0 | 2.93 | 702.61 | 3.63 | 15.04 | 2621.99 | 7.1 | 92.42 | 21.36 | 4.48 | 5.56 | 0.13 |
Standalone figures in ₹ crores
| Dec 2022 | Dec 2023 | Dec 2024 | Jun 2023 | Jun 2024 | Jun 2025 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2023 | Sep 2024 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 274 | 279 | 377 | 437 | 774 | 662 | 639 | 526 | 643 | 173 | 377 | 213 |
Expenses | 267 | 255 | 353 | 407 | 722 | 608 | 578 | 470 | 571 | 165 | 367 | 212 |
Operating Profit | 8 | 24 | 24 | 29 | 52 | 55 | 62 | 55 | 72 | 8 | 10 | 1 |
Other Income | 0 | 2 | 5 | 1 | 6 | 6 | 1 | 6 | 6 | 1 | 5 | 9 |
Profit before tax | -4 | 7 | 4 | 12 | 32 | 32 | 46 | 39 | 52 | -7 | -11 | -24 |
Tax % | -27% | 27% | 27% | 29% | 28% | 26% | 27% | 28% | 24% | -28% | -27% | -26% |
Net Profit | -3 | 5 | 3 | 9 | 24 | 24 | 34 | 28 | 39 | -5 | -8 | -18 |
EPS in Rs | -0.56 | 0.66 | 0.33 | 1.72 | 2.46 | 2.49 | 6.45 | 2.95 | 4.11 | -0.96 | -0.83 | -1.84 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
Sales | 770 | 736 | 916 | 1,520 | 1,420 | 2,171 | 1,896 |
Expenses | 734 | 694 | 851 | 1,425 | 1,303 | 2,013 | 1,744 |
Operating Profit | 37 | 42 | 65 | 95 | 116 | 158 | 152 |
Other Income | 1 | 3 | 4 | 0 | 9 | 21 | 25 |
Interest | 22 | 26 | 23 | 31 | 39 | 54 | 62 |
Depreciation | 4 | 9 | 13 | 22 | 35 | 47 | 51 |
Profit before tax | 11 | 11 | 33 | 42 | 51 | 78 | 64 |
Net Profit | 2 | 8 | 24 | 31 | 36 | 58 | 49 |
EPS in Rs | 0.42 | 1.57 | 4.64 | 5.86 | 3.81 | 6.07 | 5.09 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | – |
Standalone figures in ₹ crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
Equity Capital | 48 | 48 | 52 | 52 | 96 | 96 | 96 |
Reserves | 13 | 21 | 193 | 261 | 798 | 861 | 871 |
Borrowings | 270 | 262 | 435 | 525 | 386 | 416 | 684 |
Other Liabilities | 160 | 189 | 342 | 587 | 490 | 645 | 330 |
Total Liabilities | 492 | 520 | 1,021 | 1,425 | 1,770 | 2,018 | 1,981 |
Fixed Assets | 113 | 116 | 282 | 377 | 678 | 691 | 745 |
Gross Block | 131.24 | 142.91 | 321.63 | 487.11 | 779.45 | 834.59 | – |
Accumulated Depreciation | 18.26 | 26.98 | 40.12 | 109.89 | 101.33 | 143.70 | – |
CWIP | 0 | 0 | 8 | 91 | 27 | 58 | 85 |
Investments | 0 | 0 | 37 | 40 | 11 | 25 | 35 |
Other Assets | 379 | 404 | 694 | 917 | 1,054 | 1,244 | 1,116 |
Total Assets | 492 | 520 | 1,021 | 1,425 | 1,770 | 2,018 | 1,981 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
Cash from Operating Activity | 43 | 47 | -35 | 17 | 257 | 31 |
Cash from Investing Activity | -9 | -7 | -204 | -216 | -377 | -94 |
Cash from Financing Activity | -24 | -43 | 255 | 239 | 167 | -29 |
Net Cash Flow | 10 | -2 | 16 | 40 | 47 | -93 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
Debtor Days | 94 | 116 | 141 | 113 | 55 | 50 |
Inventory Days | 71 | 79 | 110 | 75 | 116 | 117 |
Days Payable | 74 | 85 | 138 | 98 | 127 | 108 |
Cash Conversion Cycle | 91 | 110 | 113 | 90 | 43 | 59 |
Working Capital Days | -8 | 16 | -5 | -47 | 36 | -2 |
ROCE % | – | 11% | 11% | 10% | 8% | 10% |
Direct from BSE filings, auto-summarised
External media mentions & references
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Stock Analysis
EPACK Durable Limited is a prominent Original Design Manufacturer (ODM) in India, primarily producing room air conditioners (RAC) and expanding into small domestic appliances (SDA), large domestic appliances (LDA), and components.
Diversification into SDA, LDA, and Components segments; Capacity expansion with a new Bhiwadi facility and significant investment in Andhra Pradesh; International market presence via a Dubai subsidiary; New product introductions like vacuum cleaners.
Currently no data available for Order Book.
Recent Q2 FY26 net loss and significant QoQ revenue decline; Tax search proceedings concluded with a precautionary deposit; Legal action against a debtor for ₹19.61 Crore; Changes in senior management personnel.
January 21, 2026 (Q3 FY26 Analyst/Investor Conference Call).
Corporate Announcements
