EPACK Prefab Technologies Limited announced its audited financial results for the quarter and financial year ended March 31, 2026. The company reported a 56.2% year-on-year increase in Profit After Tax (PAT) to Rs 926 Mn for FY26, compared to Rs 593 Mn in the previous year. Revenue from operations for the year rose 34.5% to Rs 15,253 Mn from Rs 11,339 Mn in FY25, reflecting strong execution scale across its integrated prefab platform. The Board of Directors approved the financial statements at its meeting held on May 16, 2026.

Financial Performance

For the fourth quarter of FY26, revenue from operations increased 42.4% year-on-year and 44.8% quarter-on-quarter to Rs 4,708 Mn, while PAT grew 51.5% YoY and 79.3% QoQ to Rs 303 Mn. EBITDA for the quarter stood at Rs 461 Mn, a 30.6% increase over the prior year, with an EBITDA margin of 9.8% compared to 10.7% in the same quarter of the previous year. For the full year, EBITDA stood at Rs 1,597 Mn, representing a margin of 10.5%, up 10 basis points from 10.4% in FY25. The company maintained a strong financial position with net cash of approximately Rs 2,007 Mn and an improved net working capital cycle of 32 days, compared to 36 days in FY25.

The following table summarizes the key financial highlights:

Operational Highlights

FY26 revenue growth was driven by continued execution scale in the Prefab business, which grew approximately 45% YoY. The pending order book stood at Rs 11,127 Mn as of March 31, 2026, reflecting strong order visibility across diversified end-user sectors. Cash flow from operations for FY26 stood at Rs 1,357 Mn, representing approximately 85% of EBITDA. The company has completed over 1,750 projects to date, with significant growth in sectors such as renewable energy and data centers. The Mambattu facility contributed to securing almost 50% of PEB revenue from South and West India.

Corporate Developments

The company repaid Rs 700 Mn of borrowings from IPO proceeds, with total IPO proceeds spent standing at Rs 1,548 Mn until the end of FY26. One line of the Mambattu Brownfield Expansion commenced commercial production on April 29, 2026, increasing PEB capacity to 147,122 MTPA. The Ghiloth greenfield project continues to progress, with civil construction in full swing, and Gujarat land has been acquired for Phase 1. The company's credit rating was upgraded to ICRA A+ (Stable) for long-term instruments and ICRA A1 for short-term instruments.

The following table summarizes key balance sheet metrics across years (INR Mn):

MD's Commentary

Managing Director Sanjay Singhania described FY26 as a landmark year for the company as it began its journey as a publicly listed entity. He highlighted the delivery on IPO commitments, achieving Rs 1,525 crores in revenue with a 34.5% YoY growth, a 10.5% EBITDA margin, and a 6.1% PAT margin. He noted the company's focus on working capital management, generating free operating cash flow of Rs 1,357 Mn, approximately 85% of EBITDA. He also highlighted the strengthening of the senior leadership team with an experienced industry professional who has previously led major steel building and infrastructure businesses, and reaffirmed commitment to capital discipline and transparent communication.

FY27 Outlook and Strategic Priorities

Management has outlined targets and strategic priorities for FY27, as detailed in the investor presentation released on May 18, 2026.

Capacity expansion plans include the Mambattu second line, a Ghiloth continuous sandwich panel line, additional Ghiloth PEB capacity, and Gujarat Phase 1. The company also plans to strengthen its presence in West India while continuing to tap opportunities in North and South India. A new northern sandwich panel line is expected to be commissioned by November/December 2026 to capture the peak cold storage cycle.

EPACK Prefab Technologies Limited has allotted 13,558 equity shares to eligible employees pursuant to the exercise of vested options under its Epack Prefab Employee Stock Option Plan 2024 ("ESOP Scheme"). The allotment was approved by the company's Nomination and Remuneration Committee through a Circular Resolution passed on May 07, 2026, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

ESOP Allotment Details

The newly allotted shares carry a face value of ₹2/- each, with an exercise price of ₹150.00 per share and a premium of ₹148.00 per share. The shares have been issued in dematerialised form under ISIN INE0MLS01022, with distinctive numbers ranging from 10,06,15,292 to 10,06,28,849. The allotted equity shares rank pari-passu in all respects with the company's existing equity shares, including rights to dividend and other entitlements. No lock-in restrictions are applicable on these shares.

The key parameters of the allotment are summarised below:

Impact on Share Capital

Following the allotment, the company's issued and paid-up equity share capital has increased as detailed below:

Regulatory Approvals and Compliance

The company had already secured in-principle approvals from both major stock exchanges for the issuance of shares under the ESOP Scheme. The National Stock Exchange of India Limited granted approval vide letter no. NSE/LIST/53328 dated March 17, 2026, while BSE Limited issued its approval vide letter no. DCS/ESOP/IP/TS/4127/2025-26 dated March 16, 2026. The required disclosures under Regulation 30 of SEBI (LODR) Regulations, 2015, read with SEBI's Master Circular dated January 30, 2026, have been duly filed. Additionally, the statement under Regulation 10(b) of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 was filed with both NSE and BSE on February 05, 2026, with filing numbers NSE: 53328 and BSE: 258709 respectively.

The intimation was signed by Sanjay Singhania, Managing Director and CEO of EPACK Prefab Technologies Limited, from Greater Noida on May 07, 2026. The company's shares are listed on both BSE Limited and the National Stock Exchange of India Limited.