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.

EPL Limited , a prominent player in the packaging industry, is seeking shareholder approval for its Employee Stock Option Scheme 2025 (ESOS 2025), a move aimed at incentivizing and retaining key talent within the organization.

Key Details of the ESOS 2025

The proposed scheme includes the following significant features:

• Total Options: Up to 80,05,037 stock options, each convertible into one equity share of the company.
• Eligible Participants: Employees of EPL Limited and its subsidiaries, including directors (excluding independent directors).
• Vesting Period: Ranging from 1 to 7 years from the date of grant.
• Exercise Price: Market price, subject to a maximum discount of 20%, as determined by the Nomination and Remuneration Committee.
• Exercise Period: 60 months from the date of vesting.

Voting Process

EPL Limited has initiated a postal ballot process for shareholder approval, with the following timeline:

Shareholders are required to cast their votes electronically through the NSDL e-voting platform.

Objectives of the Scheme

The ESOS 2025 is designed to:

1. Incentivize employees to contribute towards the company's growth and profitability.
2. Align employee interests with those of the shareholders.
3. Enhance employee commitment and retention.

Implementation and Administration

The scheme will be administered by the Nomination and Remuneration Committee, potentially through an ESOP Trust to be established under the Indian Trust Act, 1882.

Impact on Shareholders

While the scheme may lead to some dilution of existing shareholdings, it is intended to drive long-term value creation by motivating key employees to contribute to the company's success.

EPL Limited's move to introduce the ESOS 2025 reflects a strategic approach to human resource management, aiming to foster a sense of ownership among employees and drive sustainable growth for the organization.

Shareholders are encouraged to review the detailed information provided in the postal ballot notice and cast their votes before the deadline.