EPL Limited announced a strong performance for the quarter ended September 30, 2026, with revenue surging 30% and EBITDA growing 17.6%. The company highlighted robust growth across its Beauty & Cosmetics and Oral Care segments and detailed its strategic priorities, including geographic expansion and the proposed merger with Indovida. Management expressed confidence in sustaining growth momentum and delivering long-term value.
EPL Limited Announces Strong Q2 FY27 Performance
EPL Limited has reported a significant uptick in its financial performance for the second quarter and first half of the fiscal year FY27. The company announced that its revenue for the quarter grew by an impressive 30%, marking the highest ever growth declared by EPL. Concurrently, EBITDA saw a substantial increase of 17.6%, with reported EBITDA margins holding steady at 18.9%. Underlying EBITDA margins were noted at 20.4% after excluding the impact of raw material price pass-throughs.
Segment and Geographic Highlights
The growth was broadly distributed across various categories and geographies. The Beauty & Cosmetics segment demonstrated exceptional performance with a 42.9% growth, while the Oral Care segment continued its strong trajectory with 19.2% growth. Notably, B&C revenues surpassed Oral Care in September, becoming the company’s largest category. Regionally, EAP led with a 40% revenue growth, followed by Europe (30%), AMESA (28%), and the Americas (25%). India’s standalone performance also contributed significantly with a robust 30% growth.
Strategic Outlook and Merger Progress
EPL Limited’s management articulated a clear strategic vision focused on strengthening its leadership in Beauty & Cosmetics, accelerating growth in high-potential markets, sustaining margins with improved capital efficiency, and expanding beyond tubes into broader consumer packaging. The proposed merger with Indovida was highlighted as a key step towards building a leading consumer packaging business, with approvals from regulatory bodies progressing as planned. The company anticipates significant synergies from this combination, potentially in the range of USD 35 million to USD 50 million.
Commitment to Sustainability and Innovation
Innovation remains a core differentiator for EPL, with a focus on developing tailored solutions through close customer collaboration. The company also emphasized its commitment to sustainability, with sustainable tubes now accounting for 41% of its product mix. EPL’s dedication to its people was underscored by its operations in seven countries being certified as ‘Great Place to Work’.
Future Guidance
Looking ahead, EPL maintained its near-term guidance of revenue growth in the high teens. The company expressed optimism about achieving results at the higher end of this guidance, potentially closer to 20%, for the remainder of the fiscal year. Despite economic challenges, EPL remains focused on delivering superior service, recovering costs through strategic pricing, and driving growth through investments in capacity and innovation.
Source: BSE
