Epack Durable tax demand reduced to Rs 5.89 Cr for AY 2023-24

Epack Durable Limited has successfully reduced its tax liability for Assessment Year 2023-24 after the Office of the Deputy Commissioner of Income Tax passed a rectification order. The order lowers the tax demand to Rs 5.89 Crores, significantly down from the Rs 29.03 Crores initially raised by the Income Tax Department. This reduction follows a rectification application filed by the company after the original assessment order was received on March 23, 2026.

Rectification Order Details

The Deputy Commissioner of Income Tax issued the rectification order under Section 154/144/144B of the Income Tax Act, 1961. The company received the communication on June 11, 2026. The order addresses the tax demand concerning the financial year 2022-23.

Particulars	Details
Name of the listed company	Epack Durable Limited
Type of communication	Rectification order under Section 154/144/144B of the Income Tax Act, 1961
Date of receipt	June 11, 2026
Authority	Office of the Deputy Commissioner, Income Tax Department
Period	Assessment Year 2023-24 (Financial Year 2022-23)

Financial Implications and Next Steps

Pursuant to the Rectification Order, the tax demand has been reduced to Rs 5.89 Crores. Despite this reduction, epack durable had previously filed an appeal before the Commissioner of Income Tax (Appeals) against the original demand of Rs 29.03 Crores. This appeal remains pending adjudication, and the company stated it will continue to pursue the matter in accordance with applicable law. No penalties or sanctions were imposed in the communication.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.47%	+2.20%	-11.26%	-9.57%	-36.39%	+7.97%

EPack Prefab Technologies has set an ambitious revenue growth target of 30% for FY27, while also guiding for a margin of around 10.5%, signaling strong management confidence in the company's business outlook and operational capabilities.

Growth Target and Margin Guidance

The company has outlined a clear financial milestone for FY27, targeting a 30% increase in revenue alongside a margin guidance of approximately 10.5%. This reflects management's intent to accelerate business performance and capitalize on existing growth drivers within its operational framework.

Parameter:	Details
Target Revenue Growth:	30%
Target Period:	FY27
Margin Guidance:	~10.5%

Demand Outlook

EPack Prefab has reported strong demand in the Data Center and Battery segments, highlighting these as key growth areas driving the company's optimistic outlook. The robust demand environment in these segments is expected to support the company's revenue and margin targets for FY27.

Key Highlights

EPack Prefab has publicly committed to a 30% revenue growth target for FY27.
The company has guided for a margin of around 10.5%.
Strong demand has been reported in the Data Center and Battery segments.
The targets reflect management's forward-looking confidence in the company's business model and market positioning.

The 30% revenue growth target for FY27, supported by a margin guidance of around 10.5% and strong sectoral demand, represents a notable commitment by EPack Prefab's management. The company's focus on high-growth segments such as Data Centers and Battery storage underscores its strategy to scale operations and strengthen its market position.