Consumer Electronics company EPACK Durables announced Q1FY25 results: Financial Highlights: Revenue: Rs 7,737 million YoY: +77% EBITDA: Rs 517 million YoY: +77% EBITDA Margin: 6.68% YoY: Maintained at same level Net Profit: Rs 234 million YoY: +169% Operational Highlights: Q1FY25 Revenues increased by 77% from Rs 4,367 million to 7,737 million on a YoY basis supported by commissioning of Sricity plant, as well as addition of new customers and introduction of new products. EBITDA increased by 77% in Q1FY25 from Rs 292 million to Rs 517 million on YoY basis driven by higher sales. Sricity plant has now become operational for all product lines. The Product business contributed 98% of the total revenues in Q1FY25 showcasing a business growth of 77% YoY for the quarter. The AC product revenue contributed 86% of the total product revenue. The AC business grew by 82% for the quarter on YoY basis. Management Comments: Management foresees new business opportunities with diversified new and existing customer base. With additional capacities with fully backward integration the company is positioned in the RAC, Small Home Appliances and their components. The Company is located uniformly across PAN India to cater its customers’ requirements. Result PDF
Conference Call with EPACK Durables Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.