EPL Limited , a leading manufacturer of laminated tubes, has announced a significant investment in its Thai subsidiary, reinforcing its commitment to growth in the Southeast Asian market.

Investment Details

EPL Limited has invested 5.15 crore Thai Baht (equivalent to ₹148.32 Million) in EPL Packaging (Thailand) Co. Ltd., its wholly-owned subsidiary. This strategic move aims to bolster the company's manufacturing and trading capabilities for laminated tubes in Thailand.

Share Subscription

The investment involves the subscription of new shares in EPL Packaging (Thailand) Co. Ltd. Here's a breakdown of the share allocation:

*Lamitube Technologies Ltd. is a wholly-owned subsidiary of EPL Limited.

Ownership Structure

Despite this new investment, the ownership structure of EPL Packaging (Thailand) Co. Ltd. remains unchanged:

EPL Packaging (Thailand) Co. Ltd. continues to be a wholly-owned subsidiary of EPL Limited, with the parent company maintaining direct and indirect control.

Timeline and Regulatory Compliance

The company has stated that all necessary approvals have been obtained in accordance with applicable laws in both India and Thailand. The formalities related to this investment are expected to be completed by January 15, 2026.

Strategic Implications

This investment underscores EPL Limited's commitment to expanding its presence in the Thai market and potentially using it as a base for further growth in Southeast Asia. The focus on manufacturing and trading of laminated tubes aligns with the company's core business and suggests a strategy to enhance production capabilities and market reach in the region.

Investors and market watchers will likely keep a close eye on how this investment translates into business growth and financial performance for EPL Limited in the coming years.

EPL Limited , a leading global specialty packaging company, has announced robust financial results for the second quarter of fiscal year 2026, demonstrating significant growth across key metrics. The company also revealed important leadership changes and strategic developments.

Financial Highlights

EPL Limited delivered impressive performance in Q2 FY26:

• Revenue growth of 11% year-over-year
• EBITDA growth of 16.1%, with margins expanding to 20.9%
• PAT (Profit After Tax) growth of 19.9%
• EPS (Earnings Per Share) improved to INR 3.26 from INR 2.73 in Q2 FY24

Key Performance Drivers

The company's strong results were driven by several factors:

• Beauty & Cosmetics category showed exceptional growth of 26.3% year-on-year
• Americas region led growth with a 27.4% revenue increase
• East Asia Pacific (EAP) grew by 10.6%, supported by healthy growth in Oral Care and Beauty & Cosmetics segments
• Europe recorded 2.8% growth, despite temporary softness from some large customers

Strategic Developments

EPL Limited highlighted several strategic initiatives and achievements:

1. Thailand Plant Operations: The company's new plant in Thailand commenced operations in October, completing construction in just 9 months. Commercial billing is expected to start in Q3 FY26.

2. Sustainability Recognition: EPL has been awarded the prestigious EcoVadis Platinum Rating, placing it in the top 1% of 150,000 companies assessed worldwide. It is the only packaging company from India to receive this global certification.

3. Leadership Transition: Anand Kripalu, the current Managing Director and Global CEO, will retire at the end of the year. Hemant Bakshi will take over as MD and Global CEO, effective January 1, 2026.

4. Interim Dividend: The company announced an interim dividend of INR 2.50 per share.

Regional Performance

Future Outlook

EPL Limited remains focused on delivering sustainable, profitable double-digit growth through:

1. Accelerating growth in the Beauty & Cosmetics category
2. Scaling new growth engines, including the Thailand plant and Brazil operations
3. Leveraging sustainability as a growth enabler
4. Continuing margin expansion and capital efficiency initiatives

The company aims to achieve a 25% plus ROCE (Return on Capital Employed) by FY29.

Management Commentary

Anand Kripalu, outgoing Managing Director and Global CEO, expressed confidence in the company's future, stating, "I'm confident that under Hemant's leadership, the company will continue to build on this foundation and achieve even greater heights in the years to come."

Hemant Bakshi, CEO Designate, shared his initial impressions, saying, "I'm really excited by what I'm seeing. There's a lot to be proud about in our past. But more than that, I'm inspired by what lies ahead for us as a business."

As EPL Limited continues to expand its global footprint and focus on innovation, particularly in the Beauty & Cosmetics segment, the company appears well-positioned for sustained growth in the coming quarters.