Analysts/Institutional Investor Meet/Con. Call Updates

EPACK DURABLE LIMITED Regd. Off.: 61-B, Udyog Vihar, Surajpur, Kasna Road, Greater Noida, Gautam Buddha Nagar -201306, U.P. Corp. Off.: 7th Floor, Riana Aureus, Plot No. 51-52, Sector-136, Noida, Gautam Buddha Nagar-201304, U.P. CIN: L74999UP2019PLC116048, Ph. No.: +91- 9217307031, Email ID: info_ed@epack.in, Website: www.epackdurable.com November 04, 2026 Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Department of Corporate Services Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 Scrip Code: 544095 Symbol: EPACK ISIN: INE0G5901015 ISIN: INE0G5901015 Sub: Transcript of the Earnings Conference Call on the Unaudited Standalone and Consolidated Financial Results for the Quarter and Half Year ended September 30, 2026. Dear Sir/Ma’am, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Para A of Part A of Schedule III thereto, please find enclosed herewith the transcript of the Earnings conference call held on October 30, 2026 w.r.t Unaudited Standalone and Consolidated Financial Results of the Company for the Quarter and Half Year ended September 30,2026. A copy of same is also available at the website of the Company at Transcript_Q2FY2026-27 . We request you to kindly take this on your record and oblige. Thanking You For EPACK Durable Limited Esha Gupta Company Secretary and Compliance Officer Encl. as above W Add. 1 : C - 5, 6 & 7, UPSIDC Industrial Area, Selaqui, Dehradun, Uttarkhand-248011 o Add. 2 : Plot No. A1-A2, D6-D7-D8, Elcina Electronics Manufacturing Cluster, Industrial Area, Salarpur, Bhiwadi, r Alwar, Rajasthan-301019 k Add. 3 : Electronic Manufacturing Cluster, EMC Road, 850, EMC-1st Avenue, Sri City, Cherivi, Sathyavedu Mandal, s Sri City, Chittoor, Andhra Pradesh-517646 “EPACK Durable Limited Q2 FY' 27 Earnings Conference Call” October 30, 2026 MANAGEMENT: MR. AJAY DD SINGHANIA – MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER – EPACK DURABLE LIMITED MR. RAJESH KUMAR MITTAL – CHIEF FINANCIAL OFFICER – EPACK DURABLE LIMITED MR. NITIN GUPTA – GM FINANCE – EPACK DURABLE LIMITED MODERATOR: MR. TANAY – DAM CAPITAL ADVISORS LIMITED Page 1 of 13 EPACK Durable Limited October 30, 2026 Moderator: Ladies and gentlemen, good day, and welcome to EPACK Durable Q2 FY '27 Earnings Conference Call hosted by DAM Capital Advisors Limited. As a reminder, all participant lines will be in the listen-only mode. There will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star then zero on your touch-tone phone Please note that this conference is now being recorded. I now hand the conference over to Mr. Tanay from DAM Capital Advisors Limited. Thank you, and over to you, sir. Tanay: Yes. Thank you, Anam. Good morning, and welcome, everyone, to EPACK Durable's Q2 FY '27 Earnings Call. Today, we have the management being represented by Mr. Ajay DD Singhania, Managing Director and CEO; Mr. Rajesh Kumar Mittal, the Chief Financial Officer; and Mr. Nitin Gupta, GM Finance. At this point, I would hand over the call to Mr. Rajesh Mittal for his opening remarks, post which we will open up the floor for Q&A. Thank you, and over to you, sir. Rajesh Mittal: Thank you, Tanay. Thank you all, and very good morning, everyone. Welcome to our earnings conference call of the second quarter and first half of the financial year 2027. I would like to thank DAM Capital for arranging today's earnings call. The key financial highlights for the quarter 2 of financial year '27 are as follows. For the second quarter, revenue from operations stood at INR439 crores, registering a strong growth of more than 106% on a year-on-year basis compared to INR213 crores in the corresponding quarter of the previous financial year. EBITDA for the second quarter stood at INR7.1 crores compared to INR0.5 crores in quarter 2 financial year '26, representing an improvement of approximately INR6.6 crores. The EBITDA margin improved to 1.62% compared to 0.23% in the corresponding quarter of the previous year. I would also like to highlight an important point regarding the comparability of EBITDA margin. The company has not accrued any PLI income in quarter 2 for the financial year '27, whereas it has accrued a PLI income of INR8 crores in quarter 2 on a year-on-year basis, which within that quarter revenue. And because it carries no associated cost, it directly flowed the entire amount into the EBITDA. Excluding the PLI income for the previous revenue and EBITDA for quarter 2 financial year '26, EBITDA would have been negative INR7.5 crores compared to positive EBITDA of INR7.1 crores during the current quarter. Accordingly, on a comparable basis, excluding PLI income, the company has achieved an EBITDA improvement of approximately INR14.6 crores on a year-on-year basis, reflecting an improvement in underlying operating performance. This will also a point here that this EBITDA margin does not include the -- if I ignore the forex loss, the EBITDA would have been improved by INR10 crores on a half year basis. Page 2 of 13 EPACK Durable Limited October 30, 2026 Now I would request our Managing Director and CEO, Mr. Ajay DD Singhania, to brief you on the operational highlights. Over to you, please, sir. Ajay DD Singhania: Thank you, Rajesh-ji. And once again, good morning, everyone. Let me begin with industry first. Primary sales for room air conditioners in July to September quarter were better than last year. Last year, wherein unseasonal rains, destocking around GST transition weighed down the industry, the quarter has been comparatively much better both in terms of primary and secondary sales. Secondary sales have remained healthy and channel inventory is at a comfortable level, which gives industry a clean starting point for the coming season, and we are seeing this in our September early production plan. Commodity prices, particularly copper, aluminum, plastics, the FX fluctuation have been volatile throughout the year. Our contracts provide passing this cost, but passing is an ongoing process which is especially when prices are moving as sharply as they are today. In such periods, some compression in percentage margins is natural and it narrows as pricing. In large appliances, washing machines continue to grow ahead of broader market, driven by shift to fully automatic and front load models and by rising penetration beyond the top cities. In small appliances, kitchen categories such as air fryers, mixer grinders, induction cooktops continue to see strong traction as consumers premiumize and brands increasingly begin to source those categories from global domestic manufacturer. Air coolers had a softer year and channel inventory normalized and plastic cost suites. Against this backdrop, I'm pleased to share that EPACK Durable's delivered its highest ever first half revenue of INR1,325 crores in H1 of '27, up 51.3% year-on-year. In second quarter, revenue more than doubled to INR439 crores. The quarter also shows our diversification at work. Small domestic and large domestic appliances grew 57%. Washing machines and air fryers led the growth and non-RAC business contributed 63% of the revenue for this quarter. For half year, SDA and LDA grew 62%. Our RAC business grew 58% in first half, supported by share gains with existing customers and contributions from new ones. In second quarter, RAC revenue grew 61%, partly on a low base of last year. Unseasonal rains, destocking around GST transition took place. Components grew 45% in the quarter and we continue to deepen captive integration in heat exchangers, copper tubing, PCB, cross flow fans and moulding parts. We now serve 72 customers across 19 categories and top 2 customers in concentration has come down to 32% from 72% earlier in FY '26. Du [Showing first 8,000 characters — download PDF for full document]