EPL LIMITED

EPL Limited reported Q1 FY27 results with revenue growth of 25.3% and EBITDA growth of 15.2%, with EBITDA margins at 18.8%. Excluding raw material price impacts, underlying revenue grew 20% with EBITDA margins at 19.6%. This marks the fifth consecutive quarter of double-digit growth, driven by strong performance across Beauty & Cosmetics (over 20% growth), Oral Care (over 20% growth), and Personal Care & Beyond (54% of portfolio). Regionally, EAP grew 34.3%, Americas 29.4%, Europe 20.2%, and AMESA 17%. EBITDA has grown for 15 consecutive quarters. PAT declined 1.4% in Q1 but PBT increased 10%, attributed to a low base year ETR. The company raised growth guidance to high teens for the next few quarters while maintaining 20% EBITDA margin guidance. Strategic priorities include strengthening Beauty & Cosmetics leadership, expanding into high-growth markets like Thailand, maintaining margin discipline, and transitioning to broader consumer packaging formats. The proposed merger with Indovida is progressing, with approval from the Competition Commission of India. The company emphasized its ability to recover cost inflation through pricing and maintain financial discipline despite volatile conditions. Management highlighted strong customer engagement, operational efficiency, and innovation, including sustainability initiatives and awards. The company also discussed inventory increases driven by higher raw material costs and safety stock, as well as CapEx investments in growth areas.

The document emphasizes strong revenue and EBITDA growth, record performance, and confidence in future guidance, with management highlighting resilience and strategic progress.