MarketFriction

EPL Ltd

NSE EPL · BSE 500135 · Packaging
₹232.39 -1.95%
NSE close2026-10-01
52 week range176.40 - 274.03
Market cap₹7,465 Cr.
P/E18.2
Microcap 250 Price band 20% Delivery 54.5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,0029751,0291,0071,0861,0141,1051,1081,2061,1491,3001,388
Expenses8217928388228688138778819549191,0441,127
Operating Profit181183191186219202228227252230256261
OPM %18%19%19%18%20%20%21%20%21%20%20%19%
Other Income1124-4461413118122-76
Interest312932292927282828292929
Depreciation84848584858688909497104109
Profit before tax78943080118100123117141107116129
Tax %33%7%50%17%25%6%6%14%25%22%11%22%
Net Profit52871566889411610110683103101
EPS in Rs1.592.710.702.022.732.933.583.133.262.553.213.08
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,1282,3022,4242,7072,7613,0923,4333,6943,9164,2134,7635,043
Expenses1,7231,8801,9602,2082,2042,4812,8643,1193,2013,3763,7984,044
Operating Profit404422464499558611569575715837965999
OPM %19%18%19%18%20%20%17%16%18%20%20%20%
Other Income305221373-211412411514
Interest6158556156434067116114115116
Depreciation123141167186230235251280333343385405
Profit before tax251274263289275331289268268422481492
Tax %31%29%34%32%23%26%23%14%22%14%18%
Net Profit173196174195212244221231210364394393
EPS in Rs5.416.065.466.116.577.586.797.126.7011.2312.1412.10
Dividend Payout %20%20%22%20%50%54%63%60%66%44%21%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth8%9%9%17%
Compounded Profit Growth9%10%22%3%
Stock Price CAGR8%-1%8%13%
Return on Equity14%14%15%16%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital313131316363636364646464
Reserves7529331,0081,2191,3251,4701,6351,7611,9262,0282,2912,794
Borrowings962709798734632737642769890912802962
Other Liabilities3653344124524925266546707237677951,015
Total Liabilities2,1102,0082,2502,4372,5132,7962,9943,2643,6013,7713,9524,836
Fixed Assets8879241,1791,1841,3071,3641,5311,4731,6941,9121,9702,397
CWIP895719424135271471787273153
Investments4630151317161571983924
Other Assets1,0889961,0361,1981,1471,3811,4211,6361,7111,7801,8702,261
Total Assets2,1102,0082,2502,4372,5132,7962,9943,2643,6013,7713,9524,836
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity313361369343356471522312602586795723
Cash from Investing Activity-145-46-279-156-188-108-278-266-412-361-374-442
Cash from Financing Activity-168-320-76-154-194-142-319-95-138-263-431-274
Net Cash Flow0-51334-25221-75-5052-37-106
Free Cash Flow1141651622065636435045219215439250
CFO/OP89%110%106%92%89%98%100%68%112%94%103%86%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days595760696765706864656167
Inventory Days747989101101116117143133144151177
Days Payable5251536665112119109109125125147
Cash Conversion Cycle828595104103706710287858797
Working Capital Days416850445123394740333142
ROCE %16%18%17%17%17%16%17%13%12%15%17%18%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters51.52%51.50%51.50%51.50%51.47%51.45%51.31%26.42%26.40%26.38%26.38%26.38%
FIIs10.41%9.89%10.91%11.35%13.43%14.94%16.51%17.23%17.43%17.57%17.22%14.07%
DIIs15.54%14.52%13.35%11.55%11.20%11.58%10.98%10.44%9.97%9.55%10.20%13.80%
Public22.54%24.07%24.22%25.58%23.89%22.03%21.20%45.90%46.21%46.49%46.20%45.75%
No. of Shareholders75,04082,10985,87793,06396,75494,92193,1721,12,2271,16,4521,02,30295,91091,469

Fundamentals

Market Cap₹ 7,465 Cr.
Current Price₹ 233
Stock P/E18.2
Book Value₹ 89.2
ROCE17.8 %
ROE15.7 %
Dividend Yield1.07 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)17%
Compounded Profit Growth (TTM)3%
Consolidated figures.
Valuation
Market capRs 7,444 Cr
Enterprise valueRs 8,202 Cr
P/E (TTM)19.21x
Price to book2.60x
Price to sales1.48x
EV / EBITDA8.10x
EV / EBIT13.49x
EV / sales1.63x
Price to cash flow10.30x
Earnings yield5.21%
Dividend yield1.08%
P/E, 3-year average20.55x
P/B, 3-year average2.59x
P/E, 5-year average22.59x
P/B, 5-year average2.74x
Profitability
Operating margin (excl. other income)20.26%
Operating margin (incl. other income)20.58%
EBITDA margin20.08%
Pre-tax margin9.76%
Net profit margin7.68%
Net margin, latest quarter7.10%
ROE14.92%
ROCE17.06%
ROA8.85%
ROE, 3-year average13.84%
ROCE, 3-year average15.83%
ROA, 3-year average7.98%
ROE, 5-year average13.12%
ROCE, 5-year average14.62%
ROA, 5-year average7.48%
ROIC (approx.)13.78%
Tax rate18.04%
Other income / net worth0.53%
Growth
Sales growth (latest year)13.05%
Profit growth (latest year)8.33%
Sales CAGR, 3 years8.84%
Sales CAGR, 5 years9.03%
Profit CAGR, 3 years19.71%
Profit CAGR, 5 years10.22%
Sales growth QoQ6.72%
Profit growth QoQ-4.18%
Sales growth YoY (latest quarter)25.27%
Profit growth YoY (latest quarter)-1.40%
Per share
EPS (TTM)Rs 12.10
EPS (latest year)Rs 12.14
EPS (latest quarter)Rs 3.08
EPS, 3-year averageRs 10.02
EPS, 5-year averageRs 8.80
Book value per shareRs 89.22
Sales per shareRs 157.45
Cash flow per shareRs 22.57
Free cash flow per shareRs 7.81
Dividend per share (latest year)Rs 2.50
Dividend per share, 3-year averageRs 3.98
Dividend per share, 5-year averageRs 4.11
Dividends
Dividend payout20.60%
Dividend payout, 3-year average43.86%
Dividend payout, 5-year average51.05%
Efficiency
Asset turnover0.98x
Fixed asset turnover1.99x
Inventory turnover2.75x
Inventory days133 days
Debtor days67 days
Debtors turnover5.47x
Creditor days147 days
Cash conversion cycle97 days
Working capital days42 days
Leverage
Total debtRs 962 Cr
Cash and bankRs 204 Cr
Net debtRs 759 Cr
Debt to equity0.34x
Net debt / EBITDA0.75x
Interest coverage5.25x
Current ratio (filing 2026-03-31)1.56x
Quick ratio (filing 2026-03-31)0.88x
Trade payables (filing 2026-03-31)Rs 768 Cr
Owners' fund to total sources59.10%
Debt to assets19.90%
Cash flow
Cash from Operating Activity (latest year)Rs 723 Cr
Cash from Investing Activity (latest year)Rs -442 Cr
Cash from Financing Activity (latest year)Rs -274 Cr
Net Cash Flow (latest year)Rs 6 Cr
Free cash flow (latest year)Rs 250 Cr
FCFE (approx.: FCF + change in debt)Rs 410 Cr
Cash from ops / profit, 5 years2.13x
Sales to cash flow6.59x
Statement figures
Net sales (TTM)Rs 5,043 Cr
Net sales (latest year)Rs 4,763 Cr
Sales (latest quarter)Rs 1,388 Cr
Operating profit excl. other income (latest year)Rs 965 Cr
Operating profit (latest quarter)Rs 261 Cr
Other income (TTM)Rs 14 Cr
EBITDA (TTM)Rs 1,013 Cr
PBDT (TTM)Rs 897 Cr
Profit before tax (TTM)Rs 492 Cr
Tax (latest year)Rs 87 Cr
Net profit (TTM)Rs 388 Cr
Net profit (latest year)Rs 389 Cr
Net profit (latest quarter)Rs 99 Cr
Depreciation (TTM)Rs 405 Cr
Depreciation (latest quarter)Rs 109 Cr
Interest (TTM)Rs 116 Cr
Cost of goods sold (latest year)Rs 2,546 Cr
Total expenditure (latest year)Rs 3,798 Cr
Total income (latest year)Rs 4,778 Cr
Share capitalRs 64 Cr
ReservesRs 2,794 Cr
Shareholders' fundsRs 2,858 Cr
Total assetsRs 4,836 Cr
Net blockRs 2,397 Cr
Capital work in progressRs 153 Cr
InvestmentsRs 24 Cr
ReceivablesRs 871 Cr
InventoryRs 927 Cr
Other liabilitiesRs 1,015 Cr
Shares outstanding (crore)32.03
Ownership
Promoter holding26.38% (-0.04 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 19.2 is at the 14th percentile of its own 9.4-year range (median 24.3, low 14.9, high 41.8).
P/B 2.60 is at the 4th percentile (median 3.18).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodEPLNifty 50Difference
1 week-2.4%-2.8% +0.4 pts
1 month-3.3%-6.8% +3.5 pts
3 months-2.0%-7.6% +5.6 pts
6 months+13.2%+0.4% +12.8 pts
1 year+10.0%-9.9% +19.9 pts
2 years-7.0%-13.6% +6.6 pts
3 years+24.5%+14.2% +10.3 pts
5 years-2.9%+27.9% -30.8 pts
22 mutual fund schemes hold about ₹572 Cr. Over three months 13 bought more and 7 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Bandhan Small Cap Fund0.85%290 +3%
Mirae Asset Large Cap Fund0.33%127 -0%
Canara Rob Small Cap Fund0.54%79 -45%
ICICI Pru MNC Fund1.52%28 +14%
Bajaj Finserv Small Cap Fund0.55%15 +21%
Bajaj Finserv Multi Cap Fund0.64%10 +24%
Motilal Oswal Nifty Microcap 250 Index Fund0.38%10 +11%
Old Bridge Flexi Cap Fund2.08%8 -12%
JM ELSS-Tax Saver Fund1.29%3 +100%
Arudha Equity Long-Short Fund1.42%2 +100%
WSIF Equity Ex-Top 100 Long-Short Fund1.47%1 +100%
WSIF Equity Long-Short Fund1.32%0 +100%
Groww Nifty Total Market Index Fund0.02%0 +16%
Angel One Nifty Total Market Index Fund0.02%0 +16%
Mirae Asset Nifty Total Market Index Fund0.02%0 +16%
Bandhan Nifty Total Market Index Fund0.02%0 +16%
Motilal Oswal BSE 1000 Index Fund0.02%0 +16%
ICICI Pru FMCG Fund0.00%0 -100%
Samco Multi Cap Fund0.00%0 -100%
Quant Small Cap Fund0.00%0 -100%
ICICI Pru FMCG Fund0.00%0 -100%
Quantum Small Cap Fund0.00%0 -100%

Red flags

F-score 6 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹1,388 Cr +25.3% vs Jun 2025. Net profit ₹101 Cr +0.0%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2025-11-17Interim Dividend - Rs 2.50 Per Share
2025-09-02Dividend - Rs 2.50 Per Share
2024-11-25Interim Dividend - Rs 2.50 Per Share
2024-08-14Dividend - Rs 2.30 Per Share
2024-08-14Annual General Meeting
2023-11-21Interim Dividend - Rs 2.15 Per Share
2023-08-04Dividend - Rs 2.15 Per Share
2022-11-14Interim Dividend - Rs 2.15 Per Share
2022-07-27Dividend - Rs 2.15 Per Share
2021-11-17 Interim Dividend - Rs 2.15 Per Share
2021-07-27 Dividend - Rs 2.05 Per Share
2020-11-20 Interim Dividend - Rs 2.05 Per Share
2020-07-30 Dividend - Rs 2.05 Per Share
2019-11-19 Interim Dividend - Rs 1.25 Per Share
2019-06-11 Dividend - Rs 1.25 Per Share
2018-06-20 Bonus 1:10.5000
2018-05-17 Dividend- Rs 2.40 Per Share
2017-07-04 Dividend - Rs 2.40 Per Share
2016-06-09 Dividend - Rs 2.20/- Per Share
2015-06-19Annual General Meeting/ Dividend Rs 1.60 Per Share
2014-06-30Annual General Meeting / Dividend - Re.1.25/- Per Equity Share
2013-06-28Annual General Meeting / Dividend - Re.0.75/- Per Equity Share
2012-09-24Annual General Meeting/Dividend Re 0.65 Per Share
2011-08-26Dividend-Re.0.60 Per Share
2010-09-15Annual General Meeting And Dividend Re.0.40 Per Share
2009-05-04Dividend - 15%
2008-05-02Dividend - 60%
2007-04-27Agm
2007-02-14Interim Dividend-100%
2006-06-08Fv Split Rs.10/- To Rs.2/0.2000
2006-04-26Agm/Spl Dividend @ 120%
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of EPL Ltd?

EPL Ltd (EPL) has a market capitalisation of Rs 7,465 Cr. at the 2026-10-01 close.

What is the P/E ratio of EPL Ltd?

EPL Ltd trades at a P/E of 18.2 on trailing twelve-month profit, at the 2026-10-01 close.

What were EPL Ltd's latest quarterly results?

In the Jun 2026 quarter, EPL Ltd sales was Rs 1,388 Cr (+25.3% vs Jun 2025) and net profit was Rs 101 Cr.

What is the 52-week high and low of EPL Ltd?

The 52-week high is Rs 274.03 and the 52-week low is Rs 176.40.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03