Epack Durable Ltd
Incorporated in 2019, EPACK Durable Limited is an Original Design Manufacturer (ODM) of room air conditioners (RAC).[1]
- Market Cap ₹ 2,538 Cr.
- Current Price ₹ 265
- High / Low ₹ 270 / 151
- Stock P/E 71.8
- Book Value ₹ 93.1
- Dividend Yield 0.00 %
- ROCE 8.33 %
- ROE 5.87 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Debtor days have improved from 103 to 54.6 days.
Cons
- Stock is trading at 2.84 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -50.3%
- Company has a low return on equity of 9.39% over last 3 years.
- Working capital days have increased from 70.1 days to 110 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Consumer Durables Industry: Air-conditioners
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
736 | 924 | 1,539 | 1,420 | |
694 | 855 | 1,437 | 1,305 | |
Operating Profit | 42 | 69 | 102 | 115 |
OPM % | 6% | 7% | 7% | 8% |
3 | 3 | -0 | 9 | |
Interest | 26 | 29 | 31 | 39 |
Depreciation | 9 | 16 | 26 | 35 |
Profit before tax | 11 | 26 | 44 | 49 |
Tax % | 28% | 34% | 27% | 28% |
8 | 17 | 32 | 35 | |
EPS in Rs | 1.62 | 3.35 | 6.14 | 3.69 |
Dividend Payout % | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 24% |
TTM: | -8% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 66% |
TTM: | 7% |
Stock Price CAGR | |
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10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 9% |
Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
Equity Capital | 48 | 52 | 52 | 96 |
Reserves | 21 | 70 | 262 | 796 |
262 | 415 | 525 | 386 | |
189 | 539 | 626 | 489 | |
Total Liabilities | 520 | 1,077 | 1,464 | 1,768 |
116 | 327 | 419 | 678 | |
CWIP | 0 | 8 | 92 | 27 |
Investments | 0 | 3 | 5 | 9 |
404 | 738 | 949 | 1,054 | |
Total Assets | 520 | 1,077 | 1,464 | 1,768 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
47 | -29 | 19 | 257 | |
-7 | -204 | -218 | -377 | |
-43 | 254 | 235 | 167 | |
Net Cash Flow | -2 | 20 | 36 | 47 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
Debtor Days | 116 | 141 | 114 | 55 |
Inventory Days | 79 | 127 | 81 | 116 |
Days Payable | 85 | 153 | 107 | 127 |
Cash Conversion Cycle | 110 | 115 | 87 | 43 |
Working Capital Days | 103 | 56 | 44 | 110 |
ROCE % | 13% | 11% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Investor Presentation
28 Jun - Fine enclosed herewith updated investor presentation of the Company.
- Closure of Trading Window 28 Jun
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
14 Jun - Read with Part A of Schedule III of the SEBI (LODR) Regulations, 2015, we hereby submit the schedule of Analysts and/or Institutional Investors Meet which …
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
3 Jun - Transcript of the Investors'' conference call on the Standalone and Consolidated Audited Financial results for the quarter and Financial Year ended as on March 31, …
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Announcement under Regulation 30 (LODR)-Change in Management
1 Jun - Company hereby wishes to inform regarding appointment of Senior Management Personnel ("SMP")- Mr. Maneesh Bahuguna as Senior Vice President (RAC Operations).
Concalls
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Jun 2024Transcript PPT
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Apr 2024TranscriptNotesPPT
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Apr 2024TranscriptNotesPPT
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Feb 2024Transcript PPT
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Feb 2024TranscriptNotesPPT
Leading Manufacturer of Air Conditioner[1] EPACK Durable Ltd is the 2nd largest room air conditioner Original Design Manufacturer (ODM) in India in terms of number of units, specializing in room air conditioners (RAC) and related components. It has 24% market share in domestically manufactured units by ODM in FY23.