Epack Durable , a prominent player in the consumer durables sector, has reported that the Additional Commissioner State Tax has initiated search procedures at its Uttarakhand unit. The company has disclosed this development, which could potentially impact its operations in the region.

Search Operations Underway

The tax authority's search at Epack Durable's Uttarakhand facility marks a significant event for the company. Such procedures are typically conducted to ensure compliance with state tax regulations and can involve a thorough examination of the company's financial records and operations.

No Immediate Impact Detected

In a statement addressing the situation, Epack Durable has assured stakeholders that no immediate impact has been detected from these search operations. This suggests that the company's day-to-day operations may continue without significant disruption, at least in the short term.

Implications for Epack Durable

While the company reports no immediate effects, the ongoing search procedure could have potential implications:

1. Operational Continuity: The company's ability to maintain normal operations at the Uttarakhand unit during the search process will be crucial.

2. Compliance Review: The search may lead to a comprehensive review of the company's tax compliance practices.

3. Stakeholder Confidence: How Epack Durable manages this situation and communicates with its stakeholders could affect investor and customer confidence.

4. Future Disclosures: Investors and market analysts will likely be watching for any further disclosures or updates from the company regarding the outcome of these search operations.

As the situation unfolds, Epack Durable is expected to provide more information on the progress and results of the tax authority's search. Stakeholders are advised to stay tuned for official communications from the company for the most accurate and up-to-date information.

Epack Durable Limited, a leading Original Design Manufacturer (ODM) in India's consumer durables and electronics industry, has announced significant expansion plans and a strategic partnership with Hisense. The company is set to present its comprehensive growth strategy and future outlook at the upcoming Emkay Confluence 2025 event, where Executive Director & Group CFO, Mr. Narayan Lodha, will represent EPACK Durable.

Expansion and Partnership

Epack Durable has revealed plans for expansion across multiple areas, focusing on backward integration to achieve ODM leadership. The strategy emphasizes:

• Research and development
• Manufacturing growth
• Expanding product variety

Additionally, the company has entered into a partnership with Hisense, further strengthening its position in the market.

Investor Presentation Highlights

EPACK Durable's investor presentation outlines its strong market position and ambitious growth plans:

• Market Leadership: Largest induction cooktop ODM/OEM and second-largest Room Air Conditioner (RAC) ODM in India.
• Diversified Portfolio: Offering RACs, Large Domestic Appliances (LDA), Small Domestic Appliances (SDA), and components.
• Manufacturing Capabilities: Four pan-India manufacturing locations, supported by three NABL-certified R&D labs.
• Financial Performance: Revenue of ₹2,190.00+ crore (approximately USD 250.00 million).
• Client Base: ODM partner for over 55 trusted brands in the consumer durables sector.

Strategic Focus on Diversification

EPACK's growth strategy emphasizes diversification:

• SDA Segment Growth: Aims to increase the Small Domestic Appliances (SDA) segment contribution to 35% of total revenue by FY26.
• Customer Diversification: Plans to reduce dependency on top two customers from 72% to 46%.

Product Range Expansion

The company's expanding product range includes:

• Room Air Conditioners: Various indoor and outdoor units with different capacities.
• Large Domestic Appliances: Air coolers and washing machines.
• Small Domestic Appliances: Induction cooktops, mixer grinders, water dispensers, and upcoming products like air fryers and coffee makers.

Manufacturing and R&D Capabilities

EPACK emphasizes its strong manufacturing and R&D capabilities:

• Backward Integration: Claims the highest amount of backward integration for RACs in the industry.
• Testing Facilities: Six specialized climate testing laboratories, including three NABL-certified labs.
• Innovation Focus: Continuous R&D investments and patented advancements in cooling performance and efficiency.

Corporate Governance and Transparency

EPACK Durable recently disclosed details of a shareholder vote:

• A special resolution was passed with a 99.97% majority, approving a variation in the objects of the company's initial public offering as stated in its prospectus dated January 24, 2024.

Investor Relations

The company has rescheduled its participation in a virtual investor conference hosted by Nirmal Bang Investor Group from August 13 to August 14, 2025, demonstrating its commitment to engaging with the investment community.

EPACK Durable's presentation at the Emkay Confluence 2025 event is expected to provide institutional investors and analysts with deeper insights into the company's operations, financial performance, and future prospects in India's growing consumer durables market.