EPL Limited has announced outstanding financial results for the second quarter ended September 30, 2026 (Q2 FY27). The company achieved a top-line growth of 30%, reaching ₹15,674 million. This growth was broad-based, driven by exceptional performance in Beauty & Cosmetics. EBITDA increased by 17.6% to ₹2,960 million, with underlying EBITDA margin sustained at 20.4%. The company reaffirmed its near-term revenue growth guidance in the high-teens and underlying EBITDA margin target at 20%.
EPL Limited Reports Strong Q2 FY27 Performance
EPL Limited, a global leader in packaging solutions, today announced its financial results for the second quarter ended September 30, 2026 (Q2 FY27). The company delivered a standout performance with top-line growth accelerating to 30% to reach ₹15,674 million, despite ongoing global market volatility and geopolitical disruptions. This demonstrates the resilience of its business model, strong customer partnerships, and disciplined execution. Growth was broad-based, driven by exceptional performance in Beauty & Cosmetics, which grew by 42.9%, 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 20.3%.
EBITDA and Margins
EBITDA increased by 17.6% year-on-year to ₹2,960 million, representing EPL’s 16th consecutive quarter of double-digit EBITDA growth. Reported EBITDA margin was at 18.9%, while underlying EBITDA margin stood firm at 20.4%. The company was able to fully pass on cost increases through judicious pricing across all regions.
Profit After Tax (PAT)
PAT for the quarter stood at ₹1,101 million, representing a 5.6% year-on-year growth, balancing ongoing growth investments with operational profitability. Return on Capital Employed (ROCE) continued to be strong at 18.2%.
Strategic and Operational Highlights
All regions delivered strong double-digit revenue growth during the quarter, with East Asia Pacific (EAP) growing 40.2%, Europe 30.4%, AMESA 28.0%, and the Americas 25.3%. Beauty & Cosmetics delivered exceptional performance growing 42.9% year-on-year, while Oral Care maintained steady market leadership with growth of 19.2%. Personal Care & Beyond now accounts for 55% of the total portfolio. Sustainable tube formats contributed 41% of total sales year-to-date, and EPL remains EcoVadis Platinum certified. The company’s proposed merger with Indovida advanced significantly, creating a potential $1 billion revenue entity.
Outlook
EPL continues to navigate the volatile global operating environment with operational discipline and focus. The Company retains its near-term guidance of revenue growth in the high-teens for the next few quarters, while maintaining its underlying EBITDA margin target at 20%. EPL remains focused on strengthening its market leadership in Beauty & Cosmetics, accelerating growth in high-potential emerging markets, driving capital efficiency, and expanding beyond tubes into broader consumer packaging platforms.
Source: BSE
