Slide 1: Exchange filing cover letter
January 20, 2026 Listing Department Listing Department BSE Limited (“BSE”) National Stock Exchange of India Limited (“NSE”) Department of Corporate Services Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 Scrip C
Slide 2: EPACK Durable Limited Earnings Presentation Q3-FY26
EPACK Durable Limited Empowering Brands, Defining Excellence EARNINGS PRESENTATION Q3-FY26 www.epackdurable.com
Slide 3: Business Snapshot
BUSINESS SNAPSHOT Empowering Brands, Defining Excellence Largest Induction 55+ Leading 2nd Largest RAC Cooktop Trusted Living ODM 1 ODM/OEM Customers Appliance ODM Highest Amount of Diversified 4 Pan India Backward Integration 3 NABL Certified Portfolio- RAC, Manufacturing for RACs, LDAs and R&D lab
Slide 4: Company Overview, Q3-FY26 Performance, Strategic Overview, Historical Financials
Empowering Brands, Defining Excellence 1 Company 2 Q3-FY26 Overview Performance 3 Strategic 4 Historical Overview Financials www.epackdurable.com Private and confidential | 3
Slide 5: Company Overview
Empowering Brands, Defining Excellence COMPANY OVERVIEW www.epackdurable.com Private and confidential | 4
Slide 6: Company Overview
COMPANY OVERVIEW Empowering Brands, Defining Excellence REVENUE & EBITDA MARGINS • Incorporated in 2003, EPACK Durable (EPACK) began as a contract manufacturer of consumer durables, primarily Room Air Conditioners (RACs). 21,709 • Later in 2012, EPACK transformed into an Original Design Manufacturer
Slide 7: Our Products
OUR PRODUCTS Empowering Brands, Defining Excellence RAC Category LDA Category Indoor Unit (IDU) Range : 9K - 30K Inverter/ Fixed Speed Installed Capacity 1.60 Mn Air Cooler Range- 85L – 120L Installed Capacity 0.60 Mn Outdoor Unit (ODU) Range- 12K-36K Inverter/Fixed Speed Installed Capacity 2.05 Mn
Slide 8: Our Products (SDA)
OUR PRODUCTS (SDA) Empowering Brands, Defining Excellence Existing Product Range Induction Stove Mixer Grinder Air Fryer Water Dispenser Range- 1200W-2200W Range- 500W-1000W Range- 1500W Range: Floor-Standing (Single) Installed Capacity 0.62 Mn (Analog/Digital Model and Table-Top 3500W (Dual) 4L& 5L
Slide 9: Components
COMPONENTS Empowering Brands, Defining Excellence Components In-house Components Segments IDU, WAC, Refrigerators, Washing Machine, Consumer Plastic Molding Durables, Energy Meter, Automotive ODU, WAC, Refrigerators, Washing Machine, Consumer Sheet Metal Durables, Energy Meter, Automotive Cross Flow
Slide 10: Positive Progression
POSITIVE PROGRESSION Empowering Brands, Defining Excellence 67 70 6 ** 55 5 4 * 33 3 2 18 FY 23 FY 24 FY 25 9M FY 26 FY 26E FY 23 FY 24 FY 25 9M FY 26 FY 26E Customers Facilities 21 18 15 10 6 FY 23 FY 24 FY 25 9M FY 26 FY 26E Products * Including 1 JV Company facility (EPAVO) ** 2 New Facilities –
Slide 11: Clients
CLIENTS Empowering Brands, Defining Excellence Trusted Partner of India's leading Home Appliance Brands Top 2 Customer Dependency 72% 58% 46% 38% FY23 FY24 FY25 9M-FY26 FY23 FY24 FY25 9M-FY26 The dependency on Customer is reducing from 72% in FY 23 to 38% in 9M FY26. www.epackdurable.com Private and
Slide 12: Product Diversification
PRODUCT DIVERSIFICATION Empowering Brands, Defining Excellence 6% 13% 15% 14% 23% 14% 13% 20% 80% 73% 72% 57% FY23 FY24 FY25 9M-FY26 RAC SDA & LDA Components & Others Product Diversification as a % of Operating Revenue The dependency on RAC business is reducing from 80% in FY 23 to 57% in 9M-FY26. N
Slide 13: Product Sales
PRODUCT SALES Empowering Brands, Defining Excellence 9M Year on Year % 158% Product (Mn INR) 9M FY26 9M FY25 YOY AC 7,380 11,571 -36.2% 36% SDA & LDA 2,642 1,941 36.1% -36% -16% 2,270 879 158.4% AC SDA & LDA Components Others Components Others 741 885 -16.3% AC SDA & LDA Components Others Total Oper
Slide 14: RAC Business Outlook
RAC BUSINESS OUTLOOK Empowering Brands, Defining Excellence ❑ Despite the headwind in current year, the RAC market is projected to grow annually by 16% (CAGR 2025-2030) ❑ Looking ahead to 2030, volumes in India estimated to grow to 28M units ❑ Low penetration, rising temperatures, increasing disposa
Slide 15: SDA Business Outlook
SDA BUSINESS OUTLOOK Empowering Brands, Defining Excellence EPACK POSITIONING Top Categories in Demand Kitchen Appliance – Mixer Grinder, Air Fryers, Juicer, OTG. ICT Ongoing Range- Induction Cooktops, Mixer Grinders, Home Comfort – Air Purifier, Room Heaters, Fan, Humidifier Air Fryers, Water Dispe
Slide 16: Key Strengths
KEY STRENGTHS Empowering Brands, Defining Excellence Long-Standing Among the Key Advanced Vertically Robust Product Experienced Promoters Relationships with Manufacturers in Fast- Integrated Development & Design Supported by Senior Established Customers, Growing RAC & SDA Manufacturing Optimization
Slide 17: Strategic Overview
Empowering Brands, Defining Excellence STRATEGIC OVERVIEW www.epackdurable.com Private and confidential | 16
Slide 18: Strategic Growth Initiatives
STRATEGIC GROWTH INITIATIVES Empowering Brands, Defining Excellence HISENSE EPAVO Bumjin EECPL EDGS LLC- FZ EPAVO Electricals Bumjin India Audio Epack Electronic Epack Durable Global EPACK Manufacturing Component Private Private Limited, is a Products Private Limited Sales LLC- FZ has been Technolog
Slide 19: Growth Initiatives
GROWTH INITIATIVES Empowering Brands, Defining Excellence JOINT VENTURE HISENSE EPAVO New Initiative • Established a strategic partnership with • The joint venture, EPAVO Electricals • Company has tie-up with Panasonic & Hisense, a global leader in consumer Private Limited, is a 50:50 partnership Da
Slide 20: Key Growth Drivers
KEY GROWTH DRIVERS Empowering Brands, Defining Excellence Strengthening growth in the Room Air Conditioner (RAC) business both Domestic and Exports Growth in the Expanding the SDA segment by adding new customers and launching new product categories Product Driving volume growth in LDA Segment, Air C
Slide 21: Q3-FY26 Performance
Empowering Brands, Defining Excellence Q3-FY26 PERFORMANCE www.epackdurable.com Private and confidential | 20
Slide 22: Financial Highlights
FINANCIAL HIGHLIGHTS Empowering Brands, Defining Excellence Q3-FY26 PERFORMANCE 9M-FY26 PERFORMANCE INR 4,278 Mn INR 317 Mn 7.41% INR 13,034 Mn INR 881 Mn 6.76% Operating Revenue EBITDA EBITDA Margins Operating Revenue EBITDA EBITDA Margins 13.5% YoY 31.5% YoY 102 Bps YoY -14.7% YoY 3.0% YoY 116 Bps
Slide 23: Operational Highlights Q3-FY26
OPERATIONAL HIGHLIGHTS Q3-FY26 Empowering Brands, Defining Excellence • Operating Revenue grew by 13.5% YoY during the quarter. • RAC Segment witnessed a marginal 1% YoY decline during the quarter. • The SDA Segment grew by 30% YoY basis, driven by healthy order inflow across both existing and newly
Slide 24: Operational Highlights Q3-FY26
OPERATIONAL HIGHLIGHTS Q3-FY26 Empowering Brands, Defining Excellence • The Product business contributed 75% of total operating revenue, demonstrating strong market adoption and reaffirming customer confidence in the company’s core product portfolio Strategic Capital Investment by End of Q2 FY26-27
Slide 25: Quarterly Financial Performance
QUARTERLY FINANCIAL PERFORMANCE Empowering Brands, Defining Excellence Particulars (INR Mn) Q3-FY26 Q3-FY25 Y-o-Y Q2-FY26 Q-o-Q Operating Revenue 4,278 3,768 13.5% 2,133 100.6% Expenses 3,961 3,527 12.3% 2,128 86.1% EBITDA 317 241 31.5% 5 6240.0% EBITDA Margins (%) 7.41% 6.39% 102 bps 0.23% 718 bps
Slide 26: YTD Financial Performance
YTD FINANCIAL PERFORMANCE Empowering Brands, Defining Excellence Particulars (INR Mn) 9M-FY26 9M-FY25 Y-o-Y Operating Revenue 13,034 15,276 -14.7% Expenses 12,153 14,421 -15.7% EBITDA 881 855 3.0% EBITDA Margins (%) 6.76% 5.60% 116 bps Other Income 134 156 -14.1% Depreciation 398 350 13.7% Interest
Slide 27: Future Outlook
FUTURE OUTLOOK Empowering Brands, Defining Excellence ❑ Expansion of Opportunities and Client Relationship Optimization • The SDA, LDA, and Components segments present substantial growth potential, comprising key product categories such as Air Fryers, Mixer Grinders, Nutri Blenders, Infrared ICT, Va
Slide 28: Historical Financials
Empowering Brands, Defining Excellence HISTORICAL FINANCIALS www.epackdurable.com Private and confidential | 27
Slide 29: Historical Consolidated Income Statement
HISTORICAL CONSOLIDATED INCOME STATEMENT Empowering Brands, Defining Excellence Particulars (INR Mn) FY22 FY23 FY24 FY25 Operating Revenue 9,242 15,388 14,196 21,709 Expenses 8,554 14,362 13,034 20,133 EBITDA 688 1,026 1,162 1,576 EBITDA Margins (%) 7.44% 6.67% 8.19% 7.26% Other Income 32 14 89 211
Slide 30: Historical Consolidated Balance Sheet
HISTORICAL CONSOLIDATED BALANCE SHEET Empowering Brands, Defining Excellence Particulars (INR Mn) FY23 FY24 FY25 H1 FY26 Particulars (INR Mn) FY23 FY24 FY25 H1 FY26 Equity 3,136 8,922 9,518 9,569 Non-current Assets 5,935 7,673 10,053 10,080 Equity Share Capital 521 958 960 962 A) Property, Plant And
Slide 31: Financial Performance
FINANCIAL PERFORMANCE Empowering Brands, Defining Excellence EBITDA & EBITDA MARGIN (INR MN) PROFIT FOR THE YEAR & PAT MARGIN (INR MN) REVENUE FROM OPERATIONS (INR MN) 551 21,708 1,576 15,388 1,162 354 14,196 1,025 320 9,242 688 174 7.4% 8.2% 7.3% 2.5% 6.7% 1.9% 2.1% 2.5% FY 22 FY 23 FY 24 FY25 FY 2
Slide 32: Expenditure Analysis & Net Debt Calculations
EXPENDITURE ANALYSIS & NET DEBT CALCULATIONS Empowering Brands, Defining Excellence Particulars (INR Mn.) (As a % of Operating Revenue) Q3 FY25 Q3 FY26 Change % 9M FY25 9M FY26 Change % Particulars (INR Mn.) FY25 H1 FY26 Cost of Raw Materials 3,096 3,565 15.1% 12,972 10,949 -15.6% Gross Debt 3,697 6
Slide 33: Key Ratio
KEY RATIO Empowering Brands, Defining Excellence Particulars (INR Mn.) FY 25 H1 FY26 Net Fixed Asset Turns (Operating Revenue / Average Net Fixed Assets) Net Fixed Assets 6,909 7,449 Net Fixed Asset Turns 3.2 2.4 Trade Receivables Days (Trade Receivables / Operating Revenue) × 365 Trade Receivables
Slide 34: Capital Market Slide
CAPITAL MARKET SLIDE Empowering Brands, Defining Excellence SHARE PRICE PERFORMANCE 150% 100% 50% 0% -50% Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Sensex Epack SHAREHOLDING PATTERN AS ON 31st Dec’2025 MARKET DATA (INR) AS ON 31st Dec’20
Slide 35: Disclaimer
DISCLAIMER Empowering Brands, Defining Excellence EPACK Durable Limited No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such infor
Slide 36: Thank You
Empowering Brands, Defining Excellence Thank You. Learn More About Us: EPACK Durable Limited epackdurable_limited epack_durable EPACK Durable www.epackdurable.com