EPACK Durable Reports Q4 and Full Year FY26 Results, Navigating RAC Slowdown Amid Strong Diversification Growth

EPACK Durable Reports Q4 and Full Year FY26 Results, Navigating RAC Slowdown Amid Strong Diversification Growth​

EPACK Durable Limited, a leading manufacturer of living appliances, announced its financial results for the fourth quarter and the full financial year ended March 31, 2026. The company provides a diverse portfolio spanning Room Air Conditioners (RAC), Small Domestic Appliances (SDA), Large Domestic Appliances (LDA), and various components.

The consolidated financial results for the quarter and the full year reflected varying performances across different segments, with declines noted in the RAC business but strong growth observed in the component and SDA/LDA segments.

Financial Performance Highlights​

The company reported two sets of consolidated financial figures: for Q4 FY26 and for the full FY26.

Operational Segment Performance​

Operational highlights showed key trends in various segments throughout the reporting period.

For Q4 FY26:

• Overall Revenue: Operating Revenue declined by 8.1% year-on-year.
• RAC Segment: Witnessed a 24.7% year-on-year decline during the quarter.
• SDA & LDA Segments: Showed growth of 32.1% year-on-year, driven by robust order inflows across both existing and newly launched products.
• Component Segment: Reported a 50.1% year-on-year growth, supported by a solid order pipeline for heat exchanger, plastic molding components, PCBs, and copper parts.
• Customer Acquisition: Five new customers were added during the quarter, for whom supplies have already commenced.

For Full Year FY26:

• Overall Revenue: Operating Revenue declined by 12.7% year-on-year.
• RAC Segment: Experienced a 33.2% year-on-year decline.
• SDA & LDA Segments: Grew by 34.8% year-on-year, fueled by healthy order inflows. Demand for air fryers was noted as particularly encouraging and gaining good traction with customers.
• Component Segment: Reported a 102.8% year-on-year growth, supported by a strong order pipeline for heat exchanger, plastic molding components, copper parts, and PCBs.
• Customer Acquisition: The company added 17 new customers during the year, with supplies already commenced for these accounts.

Management Commentary​

Mr. Ajay DD Singhania, Managing Director and CEO, commented on the results, stating that the current quarter's performance was impacted by a temporary slowdown in the RAC segment, attributed to lower industry demand and delayed seasonal offtake.

Despite the RAC segment challenges, the company noted encouraging momentum in its diversification businesses. The SDA business delivered healthy growth due to robust order inflows across both existing and newly launched products, noting that air fryers are gaining strong customer traction.

The component segment also reported strong growth, supported by a healthy order pipeline covering heat exchanger, PCBs, copper parts, and plastic moulding components. Furthermore, the LDA segment maintained growth through continued customer additions and deeper market penetration.

The CEO added that while margins were under pressure during the current quarter due to lower operating leverage in the RAC business and initial scale-up costs in new categories, the focus remains on improving operational efficiencies and scaling high-growth segments.

Supported by its expanding product portfolio, strengthening order pipeline, new customer acquisitions, and ongoing capacity expansion, including the upcoming Sri City Hisense plant, the management expressed confidence regarding long-term growth opportunities across the businesses.

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EPACK Durable Limited is the leading living appliances Original Design Manufacturer (ODM) in India. The company specializes in manufacturing a diverse range of Room Air Conditioners, Small Domestic Appliances (SDAs), Large Domestic Appliances (LDAs), and components, partnering with global and Indian brands.

EPACK Stock Price Movement​

On Wednesday, EPACK Durable Limited shares edged higher, closing at ₹259.20 after gaining 8.95% on the equity. The stock completed the trading session on a volume of 4.51 million shares, trading within a range of ₹235.25 to ₹263.00.