EPL
EPL Limited
Laminated-tube packaging for oral care, beauty, pharma and food customers
Industrials›Capital Goods›Industrial Products›Packaging
eplglobal.com(opens the company website in a new tab)Key metrics
Price as of 2026-10-19
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
Share price and valuation multiples (P/E, P/B and more) over time.
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What you need to know
EPL makes tube packaging for oral care, beauty and cosmetics, and pharma customers, running 21 plants in 11 countries (November 2025 call).
Company snapshot
1stBy market cap
Ranked among 33 companies in Packaging.
Segment mix
Reportable segments as of 2024-12-31 (Consolidated). Revenue share = segment revenue ÷ total revenue.
Largest segment: 34.9% of revenue
| Segment | Revenue share | Revenue | PBT | Assets |
|---|---|---|---|---|
| AMESA | 34.9% | 354 Cr | 34 Cr | 1,229 Cr |
| Americas | 26.7% | 271 Cr | 29 Cr | 997 Cr |
| EAP | 24.6% | 250 Cr | 38 Cr | 851 Cr |
| Europe | 22.3% | 226 Cr | 23 Cr | 752 Cr |
| Inter Segment | — | -87 Cr | -4 Cr | -173 Cr |
| Unallocated | 0.0% | 0.40 Cr | -0.30 Cr | 228 Cr |
Shares add up to 109% because segment revenues are before inter-segment eliminations.
What we see
- ✓Debt-to-equity of 0.25x — the company is largely funded by its own money, not borrowed funds.
Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,002 Cr | 975 Cr | 1,029 Cr | 1,007 Cr | 1,086 Cr | 1,014 Cr | 1,105 Cr | 1,108 Cr | 1,206 Cr | 1,149 Cr | 1,301 Cr | 1,388 Cr |
| Operating expenses (approx.) | 821 Cr | 792 Cr | 838 Cr | 822 Cr | 866 Cr | 813 Cr | 877 Cr | 881 Cr | 954 Cr | 918 Cr | 1,044 Cr | 1,127 Cr |
| EBITDA | 181 Cr | 183 Cr | 191 Cr | 186 Cr | 221 Cr | 202 Cr | 228 Cr | 227 Cr | 252 Cr | 231 Cr | 256 Cr | 261 Cr |
| OPM % | 18.1% | 18.8% | 18.5% | 18.4% | 20.3% | 19.9% | 20.6% | 20.5% | 20.9% | 20.1% | 19.7% | 18.8% |
| Other income | 10 Cr | 24 Cr | 16 Cr | 7 Cr | 14 Cr | 13 Cr | 10 Cr | 8 Cr | 12 Cr | 15 Cr | 9 Cr | 4 Cr |
| Interest | 31 Cr | 29 Cr | 32 Cr | 29 Cr | 29 Cr | 27 Cr | 28 Cr | 28 Cr | 29 Cr | 29 Cr | 29 Cr | 29 Cr |
| Depreciation | 84 Cr | 84 Cr | 85 Cr | 84 Cr | 85 Cr | 86 Cr | 88 Cr | 90 Cr | 94 Cr | 97 Cr | 104 Cr | 109 Cr |
| Profit before tax | 78 Cr | 94 Cr | 30 Cr | 80 Cr | 118 Cr | 101 Cr | 123 Cr | 117 Cr | 141 Cr | 107 Cr | 116 Cr | 129 Cr |
| Tax % | 32.8% | 7.4% | 50.2% | 17.5% | 25.4% | 6.4% | 5.9% | 13.6% | 24.7% | 22.2% | 10.6% | 22.0% |
| Net profit | 52 Cr | 87 Cr | 15 Cr | 66 Cr | 88 Cr | 94 Cr | 116 Cr | 101 Cr | 106 Cr | 83 Cr | 103 Cr | 101 Cr |
| EPS (₹) | ₹1.58 | ₹2.71 | ₹0.70 | ₹2.02 | ₹2.73 | ₹2.93 | ₹3.58 | ₹3.13 | ₹3.26 | ₹2.55 | ₹3.22 | ₹3.08 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,388 Cr | 2,446 Cr | 2,707 Cr | 2,760 Cr | 3,092 Cr | 3,433 Cr | 3,694 Cr | 3,916 Cr | 4,213 Cr | 4,763 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 1,966 Cr | 1,982 Cr | 2,208 Cr | 2,203 Cr | 2,481 Cr | 2,857 Cr | 3,116 Cr | 3,202 Cr | 3,377 Cr | 3,798 Cr | Sign in free for the trailing twelve months |
| EBITDA | 422 Cr | 465 Cr | 499 Cr | 557 Cr | 611 Cr | 576 Cr | 578 Cr | 714 Cr | 836 Cr | 966 Cr | Sign in free for the trailing twelve months |
| OPM % | 17.7% | 19.0% | 18.4% | 20.2% | 19.8% | 16.8% | 15.6% | 18.2% | 19.8% | 20.3% | Sign in free for the trailing twelve months |
| Other income | 35 Cr | 26 Cr | 29 Cr | 13 Cr | 15 Cr | 12 Cr | 42 Cr | 59 Cr | 44 Cr | 43 Cr | Sign in free for the trailing twelve months |
| Interest | 58 Cr | 55 Cr | 61 Cr | 56 Cr | 43 Cr | 40 Cr | 67 Cr | 116 Cr | 114 Cr | 115 Cr | Sign in free for the trailing twelve months |
| Depreciation | 141 Cr | 167 Cr | 186 Cr | 230 Cr | 235 Cr | 251 Cr | 281 Cr | 333 Cr | 343 Cr | 385 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 274 Cr | 263 Cr | 289 Cr | 275 Cr | 331 Cr | 289 Cr | 268 Cr | 268 Cr | 422 Cr | 481 Cr | Sign in free for the trailing twelve months |
| Tax % | 28.7% | 33.8% | 32.3% | 23.2% | 26.2% | 23.4% | 13.9% | 21.7% | 13.7% | 18.0% | Sign in free for the trailing twelve months |
| Net profit | 196 Cr | 174 Cr | 195 Cr | 212 Cr | 244 Cr | 221 Cr | 231 Cr | 210 Cr | 364 Cr | 394 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹12.12 | ₹10.92 | ₹6.12 | ₹6.57 | ₹7.58 | ₹6.79 | ₹7.15 | ₹6.70 | ₹11.27 | ₹12.15 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | — | 54.9% | 62.4% | 61.1% | 66.4% | 41.9% | 40.6% | Sign in free for the trailing twelve months |
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 31 Cr | 31 Cr | 63 Cr | 63 Cr | 63 Cr | 63 Cr | 64 Cr | 64 Cr | 64 Cr | 64 Cr |
| Reserves | 1,008 Cr | 1,219 Cr | 1,325 Cr | 1,470 Cr | 1,635 Cr | 1,761 Cr | 1,926 Cr | 2,028 Cr | 2,291 Cr | 2,794 Cr |
| Borrowings | 692 Cr | 594 Cr | 582 Cr | 525 Cr | 496 Cr | 657 Cr | 769 Cr | 804 Cr | 673 Cr | 709 Cr |
| Other liabilities | 522 Cr | 605 Cr | 545 Cr | 740 Cr | 784 Cr | 777 Cr | 869 Cr | 914 Cr | 974 Cr | 1,324 Cr |
| Total liabilities | 2,259 Cr | 2,455 Cr | 2,520 Cr | 2,806 Cr | 3,011 Cr | 3,293 Cr | 3,630 Cr | 3,809 Cr | 4,006 Cr | 4,900 Cr |
| Fixed assets (net) | 1,117 Cr | 1,123 Cr | 1,253 Cr | 1,307 Cr | 1,361 Cr | 1,309 Cr | 1,537 Cr | 1,758 Cr | 1,824 Cr | 2,256 Cr |
| CWIP | 11 Cr | 32 Cr | 31 Cr | 31 Cr | 23 Cr | 145 Cr | 175 Cr | 68 Cr | 69 Cr | 148 Cr |
| Investments | 15 Cr | 13 Cr | 17 Cr | 16 Cr | 15 Cr | 7 Cr | 19 Cr | 8 Cr | 39 Cr | 24 Cr |
| Loans & advances | — | — | 24 Cr | 6 Cr | 5 Cr | 0.60 Cr | 1 Cr | 0.20 Cr | 0 Cr | 0 Cr |
| Inventories | 246 Cr | 286 Cr | 323 Cr | 367 Cr | 415 Cr | 594 Cr | 608 Cr | 656 Cr | 720 Cr | 927 Cr |
| Trade receivables | 377 Cr | 459 Cr | 493 Cr | 490 Cr | 589 Cr | 637 Cr | 643 Cr | 695 Cr | 699 Cr | 871 Cr |
| Cash & bank | 82 Cr | 116 Cr | 90 Cr | 312 Cr | 237 Cr | 187 Cr | 239 Cr | 201 Cr | 191 Cr | 197 Cr |
| Other assets | 411 Cr | 425 Cr | 288 Cr | 277 Cr | 368 Cr | 414 Cr | 408 Cr | 423 Cr | 463 Cr | 477 Cr |
| Total assets | 2,259 Cr | 2,455 Cr | 2,520 Cr | 2,806 Cr | 3,011 Cr | 3,293 Cr | 3,630 Cr | 3,809 Cr | 4,006 Cr | 4,900 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 369 Cr | 344 Cr | 356 Cr | 488 Cr | 522 Cr | 312 Cr | 602 Cr | 587 Cr | 795 Cr | 723 Cr |
| Cash from investing | -301 Cr | -156 Cr | -188 Cr | -124 Cr | -280 Cr | -264 Cr | -389 Cr | -344 Cr | -376 Cr | -452 Cr |
| Cash from financing | -76 Cr | -154 Cr | -194 Cr | -143 Cr | -319 Cr | -95 Cr | -138 Cr | -263 Cr | -431 Cr | -274 Cr |
| Net cash flow | -9 Cr | 34 Cr | -25 Cr | 221 Cr | -75 Cr | -50 Cr | 52 Cr | -37 Cr | -10 Cr | 6 Cr |
| Free cash flow (OCF − Capex) | 138 Cr | 203 Cr | 52 Cr | 359 Cr | 346 Cr | 36 Cr | 215 Cr | 212 Cr | 432 Cr | 241 Cr |
Ratios
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 19.1% | 17.2% | 17.7% | 16.0% | 16.8% | 13.1% | 12.1% | 13.3% | 17.7% | 16.6% |
| ROE % | 18.2% | 13.7% | 13.8% | 13.4% | 13.8% | 11.5% | 11.4% | 10.2% | 15.2% | 13.6% |
| Debtor days | 57 | 68 | 66 | 65 | 69 | 68 | 63 | 65 | 60 | 67 |
| Inventory days | 88 | 99 | 101 | 114 | 117 | 137 | 130 | 140 | 150 | 167 |
| Days payable | 53 | 65 | 64 | 76 | 119 | 105 | 107 | 121 | 123 | 138 |
| Cash conversion cycle | 93 | 102 | 103 | 103 | 67 | 100 | 86 | 84 | 87 | 95 |
| OCF / EBITDA % | 87.4% | 74.0% | 71.4% | 87.5% | 85.5% | 54.1% | 104.2% | 82.1% | 95.1% | 74.9% |
| OCF / EBITDA % (3 years) | — | — | 77.1% | 78.1% | 81.9% | 75.8% | 81.4% | 80.3% | 93.2% | 83.7% |
| Debt / equity | 0.67 | 0.48 | 0.42 | 0.34 | 0.29 | 0.36 | 0.39 | 0.38 | 0.29 | 0.25 |
| Current ratio | 1.77 | 1.64 | 1.90 | 1.70 | 1.74 | 1.71 | 1.69 | 1.52 | 1.51 | 1.56 |
| Net debt / EBITDA | 1.45 | 1.03 | 0.98 | 0.38 | 0.42 | 0.82 | 0.92 | 0.84 | 0.58 | 0.53 |