EPL Limited has scheduled its 43rd Annual General Meeting (AGM) for September 16, 2026. The meeting will be conducted through video conferencing at 11:00 am.

On August 25, 2026, the company dispatched communications containing web-links and QR codes for its Integrated Annual Report for FY26 and the AGM notice to members who do not have registered email IDs. This disclosure complies with Regulation 36(1)(b) of the SEBI LODR Regulations, 2015.

Agenda Items

The AGM agenda includes ordinary and special business items. Shareholders will vote on the adoption of financial statements and the re-appointment of a director.

Mr. Agrawal is a Non-Executive Director. He holds no securities in the company. His remuneration will consist of sitting fees and reimbursement of expenses.

Cost Auditor Remuneration

The special business item involves ratifying the remuneration for M/s. Jitendrakumar & Associates, appointed as Cost Auditors for FY27. The approved fee is ₹ 1,62,850 plus applicable taxes and out-of-pocket expenses.

Distribution and Access

The Integrated Annual Report and AGM Notice are sent electronically to members with registered email IDs via Bigshare Services Private Limited. Physical communications with web links and QR codes are dispatched to members without registered emails.

Documents are available on the company’s website and the National Securities Depository Limited (NSDL) platform, which facilitates e-voting.

Corporate Governance

Onkar Ghangurde, Head - Legal, Company Secretary & Compliance Officer, signed the communication. The company’s registered office is in Vasind, Thane, while its corporate office operates from Lower Parel, Mumbai.

EPL Limited delivered its highest-ever top-line growth in the first quarter ended June 30, 2026 (Q1 FY27), with consolidated revenue surging 25.3% year-on-year to ₹13,879mn. The packaging solutions leader also reported a 15.2% increase in EBITDA to ₹2,612mn, achieving an underlying EBITDA margin of 19.6%. This performance marks the fifth consecutive quarter of double-digit revenue growth and the 15th consecutive quarter of double-digit EBITDA growth, demonstrating resilience amid global market volatility. Management has raised its revenue growth guidance to the high-teens for the coming quarters, driven by Beauty & Cosmetics momentum and pricing increases from inflation recovery, while reaffirming its commitment to a 20% underlying EBITDA margin.

The unaudited standalone and consolidated financial results were approved by the Board of Directors at a meeting held on August 11, 2026, in compliance with Regulation 30 of the SEBI LODR Regulations. The financial figures are unaudited and subject to finalisation. Onkar Ghangurde, Head - Legal, Company Secretary & Compliance Officer, filed the press release with the stock exchanges.

Financial Performance

The following table summarises EPL's key consolidated financial metrics for Q1 FY27:

Revenue growth was broad-based across all geographies and categories. Excluding the pass-through impact of higher raw material prices, underlying revenue growth stood at 20%. EBITDA margins were protected through judicious pricing actions that fully recovered cost increases. While PBT increased by 10% year-on-year, PAT declined by 1.40%, primarily due to a lower effective tax rate in the corresponding quarter last year, which is expected to normalise over the full year.

Standalone Results

Standalone revenue from operations rose to ₹4,003mn in Q1 FY27, compared to ₹3,340mn in the corresponding quarter last year. Standalone PAT fell to ₹220mn from ₹316mn in Q1 FY26. Basic EPS for the standalone entity was ₹0.69, down from ₹0.99 in the previous year. The debt equity ratio improved to 0.37 from 0.22 in the prior year.

Segment and Geographic Highlights

Growth was driven by strong performances in Beauty & Cosmetics and Oral Care, which grew 23.6% and 23.9% respectively. Personal Care & Beyond expanded to account for 54% of the total portfolio, growing 25.1% year-on-year. The following table captures regional performance:

All regions delivered double-digit growth, underscoring the broad-based nature of EPL's revenue expansion during the quarter.

Strategic Developments and Sustainability

EPL announced a definitive agreement to merge with Indovida, creating a $1 billion revenue entity with a combined valuation of $2 billion. The merger received approval from the Competition Commission of India (CCI) and anti-trust approvals across eight countries during the quarter and remains on track for completion within the planned timeline.

Sustainability efforts continued to gain traction, with sustainable tube formats contributing 44% of total sales. EPL achieved an EcoVadis Platinum rating, placing it among the top 1% of companies globally for ESG performance and making it the only packaging company from India to receive this recognition.

What the Numbers Show

The divergence between the 25.3% top-line revenue growth and the 15.2% EBITDA growth highlights the impact of raw material inflation on operational efficiency, even as pricing actions protected the underlying margin at 19.6%. The decline in PAT despite a 10% rise in PBT underscores the volatility of tax rates in the current fiscal environment, suggesting that future profitability comparisons will need to adjust for normalised tax provisions rather than relying solely on headline net profit figures.