EPL Limited’s stock rose after announcing an additional ₹114.81 million investment in its Thailand packaging subsidiary. The company also posted strong quarterly and annual profit growth. The company has strong leadership in laminated plastic tubes across global markets.
The share price of EPL Limited jumped by 2.7% to an intraday high on Thursday, as the company announced further investment in its packaging business subsidiary in Thailand. As of 10:30 am IST, the stock was trading at ₹242, up by 1.5%. On a year-to-date basis, the stock has declined by 6.89%, while in the last 12 months, the stock has gained 36.41%.
EPL Limited (formerly Essel Propack Limited) announced today a further investment of 43,000,000 Thai Baht (equivalent to approximately ₹114.81 Million) in its wholly-owned subsidiary, EPL Packaging (Thailand) Co. Ltd. (EPTL). This investment, made after securing necessary approvals in both India and Thailand.
EPTL, incorporated on February 4, 2025, is intended to be a vehicle for pursuing various growth opportunities in Thailand, specifically in the manufacturing and trading of laminated tubes. The subsidiary currently has a registered capital of 580,000 shares, each with a face value of 100 Thai Baht, and a paid-up share capital of the same amount.
With this latest infusion, along with prior investments, EPL Limited has subscribed to an aggregate of 574,200 shares (99% of total shareholding) of EPTL, while Lamitube Technologies Ltd. (LTL), another wholly-owned subsidiary of EPL Limited, has subscribed to 5,800 shares (1% of total shareholding). Thus, EPTL continues to operate as a wholly-owned subsidiary of EPL Limited.
For the quarter ending March 2025, the company reported consolidated revenue from operations of ₹1,105.40 crore, reflecting a year-on-year growth of 7.40% compared to ₹1,029.20 crore in the same quarter last year. Profit after tax saw a significant surge, rising to ₹115.70 crore from ₹15.10 crore in March 2024, marking a year-on-year growth of 666.23%.
On an annual basis, consolidated revenue from operations increased to ₹4,213.30 crore in FY25 from ₹3,916.10 crore in FY24, registering a growth of 7.59%. The annual profit after tax stood at ₹363.80 crore, up 73.16% from ₹210.10 crore recorded in the previous financial year.
EPL Limited is a global leader in speciality packaging, particularly known for manufacturing laminated plastic tubes. The company serves a diverse range of industries, including oral care, beauty & cosmetics, pharmaceuticals & health, food & nutrition, and home care. Their product portfolio includes laminates, laminated tubes, extruded tubes, caps & closures, and dispensing systems. With 21 factories across 11 countries, EPL Limited delivers over 8 billion tubes annually to more than 1200 clients worldwide. The company is committed to sustainability and focuses on innovative packaging solutions, including fully recyclable tubes.
Disclaimer: The article is for informational purposes only and not investment advice.
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