Epack Durable Ltd Share Price Target 2024, 2025, 2026 To 2030

Established in 2019, EPACK Durable Limited emerges as a prominent player in Original Design Manufacturing (ODM) for room air conditioners (RAC). With a focus on innovation and quality, the company has swiftly carved its niche in the market. This article delves into the comprehensive overview of EPACK Durable Limited, exploring its inception, core values, product offerings, and market impact.

From its founding principles to its current standing in the industry, we aim to provide a thorough understanding of this dynamic enterprise and its contributions to the air conditioning sector.

About Epack Durable

EPACK Durable Ltd stands as a formidable force in India’s air conditioning industry, holding the esteemed title of the second-largest Original Design Manufacturer (ODM) of room air conditioners (RAC). With a commanding 24% market share in domestically manufactured units by ODM in FY23, the company’s prowess in producing high-quality RACs and related components is evident. Its diverse product portfolio encompasses a wide array of offerings, including window and split air conditioners, catering to various energy ratings and refrigerant types.

Beyond air conditioning, EPACK Durable Ltd extends its expertise to small domestic appliances like induction cooktops, mixer grinders, and water dispensers, alongside manufacturing essential components such as heat exchangers, fans, press parts, and electronic elements. With three state-of-the-art manufacturing facilities strategically located in Dehradun, Bhiwadi, and Sricity, the company boasts vertical integration and a robust production infrastructure, enabling it to meet consumer demands effectively while maintaining high standards of quality and innovation.

EPACK Durable Ltd Q3 2023-24 Financial Highlights

  • Consolidated net profit: Rs 4.83 crore
  • Revenue from operations: Rs 279.05 crore
  • Significant turnaround from net loss of Rs 6.30 crore in the same quarter last year
  • Total expenses: Rs 273.92 crore
  • First quarterly result after the company’s listing on January 30, 2024
  • Revenue increased from Rs 275.61 crore in the year-ago period to Rs 279.05 crore in Q3 2023-24.

How to Purchase Epack Durable Shares?

Below are the trading platforms that you can use to purchase EPACK shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

Finances rule

➤ ICICIDirect

Epack Durable Share Price Target 2024 – 2030

Epack Durable Share Price Target 2024

When Maximum Price Minimum Price
March 2024 165.24 143.69
April 2024 160.43 139.50
May 2024 158.06 137.44
June 2024 163.75 142.39
July 2024 162.11 140.96
August 2024 168.59 146.60
September 2024 175.34 152.47
October 2024 171.90 149.48
November 2024 177.06 153.96
December 2024 181.48 157.81
The Epack Durable share price is forecasted to range between Rs. 143.69 and Rs. 181.48 in 2024, with peaks likely in December and troughs in May. Market projections suggest a steady upward trend over the year.

Epack Durable Share Price Target 2025

When Maximum Price Minimum Price
January 2025 185.11 142.39
February 2025 189.86 146.04
March 2025 197.26 151.74
April 2025 193.40 148.77
May 2025 187.76 144.43
June 2025 196.21 150.93
July 2025 192.36 147.97
August 2025 198.31 152.55
September 2025 205.25 157.89
October 2025 210.59 161.99
November 2025 215.86 166.04
December 2025 221.25 170.19
In 2025, the Epack Durable share price is expected to witness significant fluctuations, with highs and lows ranging from Rs. 142.39 to Rs. 221.25 throughout the year. The beginning of the year starts with a lower range, gradually escalating to a peak by December. January begins at Rs. 185.11, steadily climbing to Rs. 221.25 by December. February marks a rise from Rs. 189.86 to Rs. 170.19 in December. This trend indicates potential opportunities for investors, with the market projecting a general upward trajectory for Epack Durable shares throughout 2025.

Epack Durable Share Price Target 2026

When Maximum Price Minimum Price
January 2026 227.89 175.30
February 2026 233.73 179.79
March 2026 242.85 186.81
April 2026 238.09 183.14
May 2026 231.15 177.81
June 2026 241.55 185.81
July 2026 236.82 182.17
August 2026 244.14 187.80
September 2026 252.69 194.37
October 2026 259.26 199.43
November 2026 265.74 204.41
December 2026 272.38 209.52
Throughout 2026, the Epack Durable share price is projected to experience notable fluctuations, ranging between Rs. 175.30 and Rs. 272.38. The year commences with a minimum price of Rs. 175.30 in January, steadily rising to a peak of Rs. 272.38 by December. February witnesses a similar pattern, starting at Rs. 233.73 and concluding at Rs. 272.38. This trend persists, with March beginning at Rs. 242.85 and December closing at Rs. 272.38. Such fluctuations provide potential opportunities for investors, with an overall upward trajectory anticipated for Epack Durable shares in 2026

Epack Durable Share Price Target 2027

When Maximum Price Minimum Price
January 2027 277.83 213.72
February 2027 284.95 219.20
March 2027 296.07 227.74
April 2027 290.26 223.28
May 2027 281.81 216.77
June 2027 294.49 226.53
July 2027 288.71 222.09
August 2027 297.64 228.96
September 2027 308.06 236.97
October 2027 316.07 243.13
November 2027 323.97 249.21
December 2027 332.07 255.44

Epack Durable Share Price Target 2028

When Maximum Price Minimum Price
January 2028 338.71 260.55
February 2028 347.40 267.23
March 2028 360.95 277.65
April 2028 353.87 272.21
May 2028 343.56 264.28
June 2028 359.02 276.17
July 2028 351.98 270.76
August 2028 362.87 279.13
September 2028 375.57 288.90
October 2028 385.33 296.41
November 2028 394.97 303.82
December 2028 404.84 311.42
  • January 2028: ₹260.55 (Minimum)
  • December 2028: ₹404.84 (Maximum)

Epack Durable Share Price Target 2029

When Maximum Price Minimum Price
January 2029 412.94 317.65
February 2029 423.53 325.79
March 2029 440.04 338.50
April 2029 431.42 331.86
May 2029 418.85 322.19
June 2029 437.70 336.69
July 2029 429.12 330.09
August 2029 442.39 340.30
September 2029 457.87 352.21
October 2029 469.78 361.37
November 2029 481.52 370.40
December 2029 493.56 379.66
  • January 2029: ₹317.65 (Minimum)
  • December 2029: ₹493.56 (Maximum)

Epack Durable Share Price Target 2030

When Maximum Price Minimum Price
January 2030 503.43 387.25
February 2030 516.34 397.18
March 2030 536.48 412.67
April 2030 525.96 404.58
May 2030 510.64 392.80
June 2030 533.62 410.47
July 2030 523.15 402.43
August 2030 539.33 414.87
September 2030 558.21 429.39
October 2030 572.72 440.56
November 2030 587.04 451.57
December 2030 601.72 462.86
  • January 2030: ₹387.25 (Minimum)
  • December 2030: ₹601.72 (Maximum)

Epack Durable Financial Condition: Last 4 Years

Mar 2020 Mar 2021 Mar 2022 Mar 2023
Sales (Rs. Crores) 770 736 916 1520
Expenses (Rs. Crores) 734 694 851 1425
Operating Profit (Rs. Crores) 37 42 65 95
Other Income (Rs. Crores) 1 3 4 0
Interest (Rs. Crores) 22 26 23 31
Depreciation (Rs. Crores) 4 9 13 22
Profit before Tax (Rs. Crores) 11 11 33 42
Tax % 82% 29% 26% 27%
Net Profit (Rs. Crores) 2 8 24 31
EPS (Rs.) 0.42 1.57 4.64 5.86
Dividend Payout % 0% 0% 0% 0%
  • Epack Durable has shown consistent growth over the past four years, with sales increasing from Rs. 770 crores in March 2020 to Rs. 1520 crores in March 2023.
  • Despite rising expenses, the company has managed to significantly improve its operating profit, reaching Rs. 95 crores in March 2023.
  • Other income declined, while interest and depreciation costs rose slightly, affecting the bottom line.
  • However, net profit grew from Rs. 2 crore in March 2020 to Rs. 31 crore in March 2023, with EPS rising from Rs. 0.42 to Rs. 5.86 during the same period.
  • Dividend payout remained unchanged at 0%, but the company maintained a strong return on equity at 11% for the last year.
  • Over the past three years, compounded sales growth reached 25%, while compounded profit growth was an impressive 151%, showcasing the company’s resilience and growth potential.

FAQs

What is Epack Durable’s current market capitalization?

Epack Durable’s current market capitalization stands at ₹1,469 crore.

What is the company’s current share price target?

The current share price target for Epack Durable is ₹153 (as of March 27, 2024).

What is the projected share price target for Epack Durable in 2025?

Epack Durable’s projected share price target for 2025 ranges from a minimum of ₹142.39 to a maximum of ₹221.25 by December.

What is the projected share price target for Epack Durable in 2030?

Epack Durable’s projected share price target for 2030 ranges from a minimum of ₹387.25 to a maximum of ₹601.72 by December.

What is Epack Durable’s current P/E ratio?

The current P/E ratio for Epack Durable is 46.3.

How has Epack Durable’s sales grown over the past three years?

Over the past three years, Epack Durable’s compounded sales growth has reached 25%.

What is Epack Durable’s return on equity for the last year?

Epack Durable’s return on equity for the last year stands at 11%.

Also Read

Conclusion: EPACK Durable Limited: A Comprehensive Overview

Established in 2019, EPACK Durable Limited has rapidly emerged as a prominent player in the Original Design Manufacturing (ODM) sector for room air conditioners (RAC), showcasing a strong commitment to innovation and quality. With a commanding 24% market share in domestically manufactured units by ODM in FY23, the company stands as the second-largest ODM of RACs in India. Its diversified product portfolio, encompassing various energy ratings and refrigerant types, caters to a wide range of consumer preferences, solidifying its position in the market.

The company’s robust manufacturing infrastructure, comprising three state-of-the-art facilities strategically located across India, ensures efficient production and high-quality standards. Despite facing challenges such as rising expenses, EPACK Durable has demonstrated remarkable financial performance, with a significant turnaround from a net loss of ₹6.30 crore to a consolidated net profit of ₹4.83 crore in Q3 2023-24. Notably, the company has witnessed consistent sales growth, reaching ₹1520 crores in March 2023, with improvements in operating profit and net profit over the years.

However, certain areas warrant attention, including a decrease in promoter holding by 50.3% over the last quarter and a relatively low return on equity of 11.8% over the last three years. Moreover, the company’s working capital requirements have reduced significantly from 89.5 days to 45.8 days, indicating efficient management of resources.

In conclusion, while EPACK Durable Limited demonstrates strong growth potential and resilience in the market, addressing concerns regarding promoter holding and optimizing return on equity will be pivotal for sustaining long-term success. Additionally, monitoring the potential capitalization of interest costs will be essential for maintaining financial health and maximizing shareholder value.

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Author: Sneha Saha

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