EPL Ltd Q1 FY27 Revenue Rises 25.3% to ₹1,388 Crore

EPL Ltd reported Q1 FY27 revenue of ₹1,387.9 crore, up 25.27% year on year from ₹1,108 crore, while net profit declined 0.79% to ₹100.6 crore. The revenue growth, supported by Beauty & Cosmetics and Oral Care performance across geographies, came with a lower operating margin and a higher tax charge.

How did EPL Ltd perform in Q1 FY27?

EPL Ltd recorded consolidated sales of ₹1,388 crore for the quarter ended June 2026, compared with ₹1,108 crore in the corresponding quarter a year earlier. Revenue also rose 6.72% sequentially from ₹1,300.5 crore in the March 2026 quarter. The company described the quarter as one of strong revenue growth, led by demand in the Beauty & Cosmetics and Oral Care categories across its markets.

Operating profit was ₹261 crore, compared with ₹227 crore in the June 2025 quarter and ₹256 crore in the preceding quarter. The quarterly results summary stated that EBITDA increased 15.2% year on year to ₹261.2 crore. However, the operating profit margin was 19%, compared with 20% in the year-earlier quarter and 20% in the March 2026 quarter, showing that revenue expansion did not translate into a higher reported margin percentage.

Profit before tax increased to ₹128.9 crore from ₹115.6 crore in the preceding quarter, a sequential increase of 11.51%. Net profit, however, was ₹100.6 crore, down 2.61% sequentially from ₹103.3 crore and marginally below the ₹101 crore reported in June 2025. The company attributed the modest year-on-year decline in profit after tax to tax-rate normalisation, while noting that profit before tax rose year on year.

Which financial figures explain the profit movement?

EPL Ltd's expenses rose to ₹1,127 crore in Q1 FY27 from ₹881 crore in Q1 FY26, alongside the increase in sales. Depreciation rose to ₹109 crore from ₹90 crore a year earlier, while interest expense was broadly unchanged at ₹29 crore. Other income was ₹6 crore, compared with ₹8 crore in the corresponding quarter.

The tax rate was 22% in the June 2026 quarter, compared with 14% in June 2025. This difference is important in explaining why the higher operating profit and profit before tax did not result in higher net profit. The available financial data therefore show revenue growth and an increase in pre-tax earnings, but a small decline in reported profit after tax.

What businesses and regions supported EPL Ltd's growth?

EPL Ltd said its Q1 FY27 performance was driven by Beauty & Cosmetics and Oral Care across all geographies. These product categories are central to the company's packaging operations, and their reported contribution provides the stated basis for the 25.3% year-on-year growth in consolidated revenue.

The latest regional mix available in the source relates to Q2 FY26. AMESA accounted for 29.9% of regional totals, followed by the Americas at 26.9%, East Asia Pacific at 22.6%, and Europe at 20.6%. In value terms, AMESA contributed ₹3,904 million, the Americas ₹3,512 million, East Asia Pacific ₹2,951 million and Europe ₹2,690 million. These figures provide context for EPL Ltd's geographically diversified revenue base, although they are not Q1 FY27 regional results.

In Q2 FY26, consolidated EBITDA margin was 20.9%, up 91 basis points year on year, and EBIT margin improved to 13.0% from 12.1%. The company had said that quarter marked its 11th consecutive quarter of margin expansion, aided by operational efficiencies and a greater share of higher-margin Beauty & Cosmetics products. Q1 FY27's reported 19% operating margin indicates that quarterly margin movement should be assessed separately from the earlier expansion trend.

What is EPL Ltd's upcoming Q2 FY27 results event?

EPL Ltd's board was scheduled to meet on November 4, 2026, to consider and approve unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The company also announced an investor conference call on the same date to discuss the Q2 FY27 results.

Management listed for the call includes Managing Director and Global Chief Executive Officer Hemant Bakshi, Chief Operating Officer M.R. Ramasamy, Chief Financial Officer Deepak Goyal, and Head Legal and Company Secretary Onkar Ghangurde. The results and call are the next disclosed events through which investors can assess whether Q1's sales momentum, category performance and profitability pattern continued into the September quarter.

EPL Ltd also confirmed on October 30, 2026 that proceeds from commercial papers issued during the quarter ended September 30, 2026 were used only for purposes disclosed in the relevant commercial-paper documents. The company said this use complied with requirements under the applicable SEBI Master Circular. No amount of commercial-paper proceeds was provided in the supplied information.

How has EPL Ltd's recent quarterly performance changed?

EPL Ltd's revenue has increased over the latest reported quarters, rising from ₹1,149 crore in December 2025 to ₹1,300 crore in March 2026 and ₹1,388 crore in June 2026. The June quarter was also higher than the ₹1,206 crore reported in September 2025. This sequence reflects a larger sales base entering FY27.

Profitability has been less linear. Net profit was ₹106 crore in September 2025, declined to ₹83 crore in December 2025, recovered to ₹103 crore in March 2026 and stood at ₹101 crore in June 2026. For investors, the key reported contrast is between strong sales growth and nearly unchanged net profit, with the higher June-quarter tax rate forming a documented part of that contrast.

Conclusion

EPL Ltd began FY27 with revenue of ₹1,387.9 crore, its reported 25.27% year-on-year increase, supported by Beauty & Cosmetics and Oral Care performance across geographies. Operating profit and profit before tax rose, but the operating margin moved to 19% and net profit declined marginally to ₹100.6 crore as the tax rate increased to 22%.

The next disclosed item to watch is the board's consideration of Q2 FY27 results for the quarter and half-year ended September 30, 2026, followed by management's November 4 investor call. Those disclosures will provide the next reported update on revenue growth, margins, profit after tax and commercial-paper compliance.