Epack Durable Officially Commences Air Conditioner Mass Production at Sri City

1 min read     Updated on 30 Mar 2026, 10:04 PM
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AI Summary

Epack Durable has officially launched mass production of RAC split air conditioners at its Sri City facility in Andhra Pradesh on March 30, 2026. The facility, operated by wholly owned subsidiary EPACK Manufacturing Technologies Private Limited, has an installed capacity of 0.75 million sets per annum with Hisense as the anchor customer, marking a significant expansion into the air conditioning manufacturing segment.

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Epack Durable has officially commenced mass production of RAC (Room Air Conditioner) split air conditioners at its Sri City manufacturing facility on March 30, 2026, as announced through a regulatory filing under SEBI Listing Regulations.

Official Production Launch

The company's wholly owned subsidiary, EPACK Manufacturing Technologies Private Limited, has successfully started mass production operations at the Sri City facility in Andhra Pradesh. This milestone represents the culmination of the company's strategic expansion into the air conditioning manufacturing segment.

Parameter: Details
Commencement Date: March 30, 2026
Product Type: RAC Split Air Conditioners (CBU)
Location: Sri City, Andhra Pradesh
Annual Capacity: 0.75 million sets
Anchor Customer: Hisense
Operating Entity: EPACK Manufacturing Technologies Private Limited

Strategic Partnership and Market Position

The facility has secured Hisense as its anchor customer, providing immediate market access and production stability. This partnership establishes a strong foundation for the new production line and positions Epack Durable strategically in the competitive air conditioning market.

Regulatory Compliance

The announcement was made through proper regulatory channels, with the company filing the disclosure under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. This follows the company's earlier intimation dated February 10, 2026, demonstrating transparent communication with stakeholders.

Manufacturing Expansion Impact

The commencement of mass production at Sri City significantly expands Epack Durable's manufacturing portfolio beyond its existing capabilities. With an installed capacity of 0.75 million sets per annum, the facility represents a substantial investment in the growing air conditioning segment and diversifies the company's revenue streams.

Historical Stock Returns for Epack Durable

1 Day5 Days1 Month6 Months1 Year5 Years
-0.76%-3.90%-12.96%-38.38%-42.58%+2.47%

Will Epack Durable seek additional anchor customers beyond Hisense to fully utilize the 0.75 million unit annual capacity?

How might this entry into air conditioning manufacturing affect Epack Durable's competitive position against established players like Voltas and Blue Star?

Could the success of this Sri City facility lead to Epack Durable expanding into other HVAC product categories or additional manufacturing locations?

EPACK Durable Limited Receives Rs 37.50 Crores PLI Scheme Incentive for FY 2024-25

1 min read     Updated on 30 Mar 2026, 08:32 PM
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Reviewed by
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AI Summary

EPACK Durable Limited has received its third sanction letter from IFCI Limited for Rs 37.50 crores under the Production Linked Incentive Scheme for White Goods for FY 2024-25. The incentive, linked to incremental sales and investments, is expected to enhance profitability, improve cash flow, and support expansion and operational efficiencies. The company disclosed this development in compliance with SEBI Listing Regulations.

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EPACK Durable Limited has announced receiving a sanction letter for Rs 37.50 crores under the Production Linked Incentive (PLI) Scheme for White Goods for the Financial Year 2024-25. The company disclosed this development to stock exchanges in compliance with regulatory requirements.

PLI Scheme Sanction Details

The company received its third sanction letter dated March 30, 2026, from IFCI Limited, a Government of India undertaking, in relation to the Production Linked Incentive Scheme for White Goods. The approved incentive amount stands at Rs 37,50,00,000 (Rupees Thirty Seven Crores Fifty Lakhs only).

Parameter: Details
Incentive Amount: Rs 37.50 crores
Sanctioning Authority: IFCI Limited
Scheme: PLI Scheme for White Goods
Financial Year: 2024-25
Sanction Letter Date: March 30, 2026

Expected Business Impact

The PLI incentive is strategically linked to EPACK Durable's incremental sales and investments under the scheme framework. The company expects this substantial incentive to deliver multiple operational benefits:

  • Profitability Enhancement: The Rs 37.50 crores incentive is expected to contribute positively to the company's overall profitability
  • Cash Flow Improvement: Enhanced cash flow position to support business operations
  • Expansion Support: Financial backing for further business expansion initiatives
  • Operational Efficiency: Resources to improve operational efficiencies across manufacturing processes

Regulatory Compliance

EPACK Durable Limited disclosed this information pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has committed to posting a copy of the sanction letter on its official website at www.epackdurable.com for stakeholder access.

The disclosure was signed by Rajesh Kumar Mittal, Chief Financial Officer of EPACK Durable Limited, and communicated to both BSE Limited and National Stock Exchange of India Limited on March 30, 2026.

Historical Stock Returns for Epack Durable

1 Day5 Days1 Month6 Months1 Year5 Years
-0.76%-3.90%-12.96%-38.38%-42.58%+2.47%

How will EPACK Durable utilize the Rs 37.50 crores PLI incentive to expand its white goods manufacturing capacity and product portfolio?

What are the specific incremental sales targets EPACK Durable must achieve to maintain eligibility for future PLI scheme benefits?

Will this PLI incentive enable EPACK Durable to compete more aggressively with established white goods manufacturers in the domestic market?

More News on Epack Durable

1 Year Returns:-42.58%