EPACK Durable shares plunged 9.82% to ₹233.30 following the company's disappointing Q4 FY26 results. According to reports from Business Standard, the stock decline came after the company reported a dramatic collapse in profitability for the quarter ended March 2026.
The company's consolidated net profit collapsed 99.94% year-on-year to ₹0.02 crore in Q4 FY26, compared with ₹37.72 crore in the same period last year. As reported by Business Standard, profit before tax (PBT) dropped 98.01% to ₹1 crore from ₹50.29 crore in Q4 FY25. The company's EBITDA fell 64.2% YoY to ₹25.8 crore, while EBITDA margin contracted sharply to 4.37% from 11.21% in the year-ago period. The Room Air Conditioner (RAC) segment witnessed a 24.7% year-on-year decline during the quarter, while the Small Domestic Appliances (SDA) and Large Domestic Appliances (LDA) segments grew 32.1% YoY, driven by healthy order inflows across both existing and newly launched products.
Revenue from operations declined 8.11% YoY to ₹591.05 crore during the quarter, according to Business Standard reports. The Room Air Conditioner (RAC) segment witnessed a 24.7% year-on-year decline during the quarter, while the Small Domestic Appliances (SDA) and Large Domestic Appliances (LDA) segments grew 32.1% YoY, driven by healthy order inflows across both existing and newly launched products. The components segment reported 50.1% YoY growth, supported by a strong order pipeline for heat exchangers, plastic moulding components, PCBs, and copper parts.
Ajay DD Singhania, Managing Director and CEO, attributed the performance decline to temporary market conditions, stating that the RAC segment was impacted by lower industry demand and delayed seasonal offtake. As reported by Business Standard, he highlighted encouraging momentum across diversification businesses with strong growth in SDA and component segments, noting particularly strong demand for air fryers and healthy order pipelines for heat exchangers and plastic moulding components. The company added 5 new customers during the quarter for whom supplies have already commenced, further strengthening revenue diversification and market penetration.
Despite the weak quarterly performance, the stock had surged 7.36% in the previous session after the company received entitlement certificates from the Government of Rajasthan under the Rajasthan Investment Promotion Scheme (RIPS-2024) for its Bhiwadi manufacturing facility. According to Business Standard, the company has been classified as a Large Category manufacturing unit under the ESDM thrust sector and will receive turnover-linked incentives for 10 years, 100% electricity duty exemption for seven years and reimbursement of eligible skilling and training expenses. The incentives are expected to improve manufacturing competitiveness, boost operational efficiency and support future expansion plans, including the upcoming Sri City Hisense plant.
