NSEPress Release11 Aug 2026 · 11 Aug 2026, 05:25 pm
Press Release
EPL Limited · EPL
✦ AI Summary▲ PositiveResults
EPL Limited reported a 25.3% record revenue growth in Q1 FY27, driven by broad-based growth across all regions and categories, with EBITDA increasing by 15.2% year-on-year.
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Full Announcement
EPL Limited has informed the Exchange regarding a press release dated August 11, 2026, titled "Press Release titled - EPL Limited Reports Strong Q1 FY27 Performance with 25.3% Record Revenue Growth ".
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August 11, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, C/1, Block G,
Dalal Street, Mumbai - 400001 Bandra-Kurla Complex, Bandra (E), Mumbai - 400051
Scrip Code: 500135 Trading Symbol: EPL
Sub. : Press Release - EPL Limited (“Company”)
Ref. : 1. Regulation 30 of the Securities and Exchange Board of India (Listing Obligations
and Disclosure Requirements) Regulations, 2015 (as amended) (“SEBI LODR
Regulations”)
2. ISIN: INE255A01020
Sir/ Madam,
In terms of the above referred provisions of the SEBI LODR Regulations, and in furtherance of
our intimation regarding approval of the Unaudited Standalone and Consolidated Financial
Results of the Company, for the quarter ended on June 30, 2026 by the Board of Directors of
the Company, at its meeting held today i.e. earlier today i.e. on August 11, 2026, please find
enclosed herewith, a copy of the Press Release titled - ‘EPL Limited Reports Strong Q1 FY27
Performance with 25.3% Record Revenue Growth’.
The said Press Release will also be available on the website of the Company i.e.
https://www.eplglobal.com/.
This is for your information and records.
Thanking you.
Yours faithfully,
For EPL Limited
Onkar Ghangurde
Head - Legal, Company Secretary & Compliance Officer
ICSI Membership No. A30636
Encl.: As above
Page 1 of 4
Press Release
Mumbai, August 11, 2026
EPL Limited Reports Strong Q1 FY27 Performance with 25.3% Record Revenue Growth
• Broad-based growth, with all regions delivering double-digit growth
• Beauty & Cosmetics and Oral Care both grow over 20%, Personal Care & Beyond expands to 54% of
total portfolio;
• EBITDA grows 15.2%; 15th consecutive quarter of double-digit EBITDA growth; underlying EBITDA
margin at 19.6%
• Based on recent performance and the current environment, EPL raises revenue growth guidance to the
high-teens for the next few quarters, while maintaining its underlying EBITDA margin at 20%
Q1 FY27 Highlights
₹13,879mn 25.3% ₹2,612mn 19.6%
Revenue Revenue Growth (YoY) EBITDA Underlying EBITDA
Margin
EPL Limited, a global leader in packaging solutions, today announced its financial results for the first quarter
ended June 30, 2026 (Q1 FY27). The Company delivered its highest-ever top-line growth of 25.3%, despite
significant external challenges and continued global market volatility, demonstrating the resilience of its
business model, strong customer partnerships and disciplined execution. This marks the fifth consecutive
quarter of double-digit revenue growth, reflecting the strength of EPL’s fundamentals and consistent execution.
Growth was broad-based, with Beauty & Cosmetics and Oral Care both growing by over 20%, while all regions
delivered double-digit growth. On an underlying basis, excluding the pass-through impact of higher raw material
prices, revenue growth stood at 20%.
EBITDA & Margins – EBITDA increased by 15.2% year-on-year , representing EPL's 15th consecutive quarter of
double-digit EBITDA growth. EBITDA margin was at 18.8%, while underlying EBITDA margin was 19.6%. The
company was able to pass on the entire cost increase through judicious pricing across all regions.
Profit After Tax (PAT) – PAT was in line with estimates and is on track for double-digit growth for the full year.
While Q1 PAT declined by 1.4%, PBT increased by 10% year-on-year. The difference was primarily due to the
lower effective tax rate in the corresponding quarter last year, which is expected to normalise over the full year.
Mr Hemant Bakshi, MD & Global CEO, EPL Limited, said, “Our outstanding Q1 performance, with revenue
growth of 25.3%, the highest we have ever delivered, reflects the strength of our strategy, the resilience of our
business and our relentless focus on customers. What makes this performance particularly meaningful is that we
delivered record top-line momentum across every geography and core category, even amid continued global
headwinds and price volatility, while protecting our underlying margins. We stayed focused on delivering superior
service to our customers while taking decisive pricing actions to fully recover the cost impact, protecting our
margins and continuing to invest behind our strategic priorities. The strength and breadth of this performance
give us confidence in the momentum ahead, enabling us to raise our full-year revenue growth outlook to the
high-teens while maintaining our commitment to 20% underlying EBITDA margins.”
Page 2 of 4
Strategic & Operational Highlights
Geographic Diversification: All regions delivered double-digit revenue growth during the quarter. EAP grew
34.3%, the Americas 29.4%, Europe 20.2% and AMESA 17%. India recorded revenue growth of 19.9%.
Category: Beauty & Cosmetics and Oral Care both maintained strong growth trajectories of 23.6% and 23.9%
respectively year-on-year. Personal Care & Beyond accounted for 54% of total portfolio and grew 25.1% year-
on-year
Sustainability: Sustainable tube formats contributed 44% of total sales during the quarter, reflecting continued
progress in customer adoption. EPL also achieved an EcoVadis Platinum rating, placing it among the top 1% of
companies globally for ESG performance. EPL is the only packaging company from India to achieve this
recognition.
Recognition: EPL was recognised among India’s Best Companies to Work for 2026, ranking 70th. EPL’s focus on
innovation, sustainability and operational excellence was further recognised through several industry honours,
including the ETMA Tube of the Year Award, FIPSA Awards for Responsible Packaging, and the IMC Ramkrishna
Bajaj National Quality Award for Performance Excellence.
Strategic Corporate Merger: As part of its long-term vision to be a leader in consumer packaging in emerging
markets, EPL announced a definitive agreement to merge with Indovida, creating a $1 billion revenue entity with
a combined valuation of $2 billion, subject to necessary approvals. During the quarter, EPL received approval
from the Competition Commission of India (CCI) and anti-trust approvals across eight countries. The merger
remains on track for completion within the planned timeline and is expected to further strengthen the combined
entity’s scale, capabilities and opportunities for long-term growth.
Outlook
EPL is entering an exciting new phase in its journey. Based on recent performance and the current environment,
the Company is raising its revenue growth guidance to the high-teens for the next few quarters, while
maintaining its underlying EBITDA margin at 20%. EPL remains focused on navigating the volatile environment,
strengthening its market position, investing behind its strategic priorities and capturing the opportunities ahead.
This momentum is expected to be further strengthened as and when the merger with Indovida receives the
necessary approvals and the synergies are fully realised.
Disclaimer
Certain statements in this press release may be forward-looking in nature. These statements involve several risks
and uncertainties that could cause actual results to differ materially from those anticipated. EPL Limited does
not undertake to update any forward-looking statement that may be made from time to time. Financial figures
are unaudited and subject to finalisation.
About EPL Limited:
EPL Limited is the world’s leading speciality packaging company, reaching one in every three toothpaste tubes
globally. Headquartered in Mumbai and listed on the BSE and NSE, EPL has a presence across all five continents,
with 21 state-of-the-art facilities across 11 countries and a workforce of more than 6,000 employees
representing 23 nationalities. The company produces more than 9 billion tubes annually and serves over 1,200
customers across Oral Care, Beauty & Cosmetics, Pharmaceuticals & Health, Food & Nutrition, and Home Care.
Its portfolio spans laminates, laminated tubes, extruded tubes, caps, closures and dispensing systems. EPL
reported revenue of ₹47,631 million in FY26, marking a 13% year-on-year increase. With
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