1. India Stocks

  2. •

    Consumer Cyclical

  3. •

    Packaging & Containers
EPL Limited

EPL Limited

EPL.BO
EPL LimitedIN flagBombay Stock Exchange
242.65
INR
-2.80
- -
77.60BMarket Cap
EPL Limited
EPL.BO
(Bombay Stock Exchange)

Recent

price

242.65

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
44.97
49.92
57.77
67.05
73.37
67.23
72.84
78.18
85.5
87.12
97.53
107.93
115.56
121.78
132.27
- -
148.92
Revenue per Share
1.41
1.63
2.58
3.43
4.48
5.42
6.06
5.46
6.12
6.57
7.58
6.79
7.15
6.7
11.27
- -
12.16
Basic EPS, GAAP
2.03
1.23
5.37
8.18
9.96
11.49
11.74
10.93
11.32
11
10.98
9.87
6.77
6.66
13.56
- -
- -
Free Cash Flow per Basic Share
0.32
0.44
0.54
0.61
0.94
0.96
1.32
1.44
1.44
2.75
4.09
4.2
4.29
4.3
4.79
- -
- -
Dividend per Share
7.83
7.12
8.74
4.25
6.96
6.91
11.17
14.96
20.69
24.15
27.56
30.1
31.73
33.93
40.34
- -
2
Book Value per Share
14.35
16.34
18.26
22.05
23.81
30.42
31.01
37.69
42.2
46.93
49.33
53.56
57.82
60.71
69.34
- -
85.04
Tangible Book Value per Share
313
314
314
314
314
314
314
314
315
315
316
316
317
318
319
- -
320
Basic Weighted Avg Shares
14,083
15,684
18,150
21,067
23,046
21,117
22,880
24,572
26,914
27,477
30,774
34,077
36,650
38,762
42,133
47,631
47,631
Sales/Revenue/Turnover
8.79
9.96
10.45
10.89
11.51
13.67
12.54
13.13
12.03
12.29
12.51
9.77
9.5
9.84
11.71
12.19
12.19
Operating Margin (%)
1,117
1,170
1,280
1,258
1,318
1,232
1,415
1,671
1,861
2,298
2,346
2,514
2,805
3,328
3,427
3,850
3,850
Depreciation Expense
441
514
810
1,078
1,406
1,701
1,903
1,716
1,925
2,073
2,391
2,144
2,267
2,132
3,590
3,889
3,889
Net Income, GAAP
43.16
26.6
35.17
33.75
29.62
30.94
28.69
33.79
32.29
23.17
26.22
23.37
13.92
21.69
13.69
18.04
18.04
Effective Tax Rate (%)
3.13
3.27
4.46
5.12
6.1
8.06
8.32
6.98
7.15
7.54
7.77
6.29
6.19
5.5
8.52
8.16
8.16
Profit Margin (%)
1,812
638
2,343
3,266
3,787
4,790
4,190
4,683
5,169
5,480
5,709
6,359
6,598
5,624
5,827
7,628
7,628
Working Capital
4,718
4,170
5,437
6,449
6,298
5,534
6,050
4,492
4,693
3,978
4,186
4,403
5,805
5,268
4,033
5,769
5,769
LT Debt
8,244
8,912
9,507
7,134
7,684
9,729
10,447
12,549
13,931
15,412
17,314
18,581
19,928
20,906
23,587
28,664
28,664
Total Equity
4.56
6.96
6.61
8.36
10.75
11.56
11.5
11.1
10.89
12.04
12.2
10.18
10.87
10.16
13.81
13.58
13.58
Return on Invested Capital (%)
10.69
10.17
10.77
12.26
15.64
18.98
20.59
16.59
17.88
17.03
17.17
14.23
15.21
15.57
22.17
30.57
30.57
Return on Capital (%)
31.91
21.89
32.48
52.83
79.86
78.1
67.02
41.8
34.34
29.34
29.31
23.56
23.17
20.44
30.36
57.66
57.66
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
4,516
- -
3,856
LT Borrowings
2,678
- -
3,802
LT Finance Leases
1,304
- -
1,967
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
320
- -
320
Market Capitalization
65,759
68,847
65,552

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
20,042
- -
21,191
Cash, Cash Equivalents & STI
2,745
- -
2,260
Accounts Receivable, Net
8,229
- -
8,710
Inventories
8,402
- -
9,268
Total Current Liabilities
13,286
- -
13,563
Payables & Accruals
- -
- -
- -
ST Debt
4,516
- -
3,856
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.53%
10.76%
21.52%
Free Cash Flow
1.36%
3.46%
-44.12%
Net Income, GAAP
10.34%
13.23%
8.33%
Sales/Revenue/Turnover
8.52%
9.16%
13.05%
Total Cash Common Dividend
20.9%
4.42%
4.78%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9,102
10,016
9,751
9,893
38,762
2025
10,074
10,862
10,143
11,054
42,133
2026
11,079
12,059
11,488
13,005
47,631

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.71
1.58
2.71
- -
6.7
2025
2.02
2.73
2.93
3.58
11.27
2026
3.13
3.26
2.55
3.22
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
4.3
2025
- -
- -
- -
- -
4.79
2026
- -
- -
- -
- -
- -
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Business
EPL Limited (EPL.BO), formerly Essel Propack Limited, manufactures specialty plastic packaging solutions including laminated tubes, extruded tubes, laminates, caps and closures, and dispensing systems primarily for oral care, beauty and cosmetics, pharmaceuticals and health, food and nutrition, and home care segments of the fast-moving consumer goods industry. The company operates 21 manufacturing facilities across 11 countries in the Americas, Europe, Africa, the Middle East, South Asia, and East Asia Pacific, serving over 1,200 global clients with more than 8 billion tubes annually from its fully backward-integrated production process. Founded in 1982 and headquartered in Mumbai, India, EPL maintains strong ownership ties to Blackstone Inc., which acquired the company in 2019; recent developments include Indorama Ventures acquiring a 24.9% minority stake from Blackstone in early 2025 with Competition Commission of India approval in May 2025, a July 2024 share purchase agreement with Clean Max for 49% stake in a renewable energy project to enhance sustainability, acquisition of Creative Stylo Packs Private Limited in November 2021, commitment to Science Based Targets initiative, multiple EcoVadis Gold ratings, and CDP 'A' ratings in climate, water, and supplier engagement, alongside operational expansions such as Thailand greenfield project commencement and commercial operations in Brazil.