EPack Prefab bulk deal: BofA picks Rs 13 cr shares in smallcap after stellar second quarter

EPack Prefab bulk deal: BofA picks Rs 13 cr shares in smallcap after stellar second quarter

2 minutes, 27 seconds Read

Bank of America (BofA) on Thursday bought over 5.62 lakh shares worth Rs 13 crore in smallcap stocks EPack Prefab Technologies in a bulk deal. The stock was bought through its subsidiary BofA Securities Europe SA at a price of Rs 233.82 per piece, which is a 15% premium over the last closing price of Rs 203.44 on the NSE.

The stock rallied 20% higher today and hit a 52-week high of Rs 244.12 before closing the session with a 13% gain at Rs 229.90.

The share was listed on October 1, 2025 and marked a weak debut on the stock exchanges. The stock was listed at a discount at Rs 183.85, down 9.87% from its issue price of Rs 204. The listing came even below the expectations of the gray market, which had predicted a flat debut. The Rs 504 crore IPO was a mix of a fresh issue of Rs 300 crore and an offer for sale of Rs 204 crore.

But today’s rally could be attributed to the stellar second-quarter earnings numbers the company reported on Wednesday, highlighting robust growth across the two verticals. The company reported a 104.2% year-on-year increase in net profit to Rs 29.5 crore, compared to Rs 14.4 crore in the same quarter last year. Operating revenue rose 61.9% year-on-year to Rs 433.9 crore from Rs 268 crore a year ago.

For the first half of FY26, the company’s total revenues stood at Rs 734.6 crore, while revenue from operations stood at Rs 729.3 crore. EBITDA rose 45.6% year-on-year to Rs 80.9 crore, and profit after tax (PAT) rose 64.4% to Rs 45.4 crore, underscoring operational efficiencies and improved margins. The company’s profit before tax (PBT) was reported at Rs 60.4 crore for the period.


Epack Prefab Technologies operates through two major business segments: the PreFab Business, which provides turnkey solutions for the design, manufacture, installation and construction of prefabricated steel buildings and structures in India and abroad, and the EPS Packaging Business, which produces expanded polystyrene sheets, blocks and cast products for use in construction, packaging and consumer goods industry. On the balance sheet front, ICRA recently rated the company at A+, citing strong financials and a robust balance sheet. The company’s prefabrication business registered an impressive CAGR of 46.2% between FY22 and FY25, which is almost six times higher than the industry growth rate of 8.3%. Epack Prefab also reported a healthy order book of Rs 655.6 crore as of H1FY26, supported by a steady increase in new projects and expansion of product offerings. The company continues to maintain strong RoCE and RoE, reflecting efficient capital use and profitability. In addition, Epack Prefab has enhanced its production capabilities with the addition of a Continuous Sandwich Panel line at its Mambattu factory, strengthening production scale and product diversity. The company’s three factories have a combined capacity of over 1.26 lakh MTPA for prefabricated buildings and 5.1 lakh sq ft of sandwich insulated panels.

(Disclaimer: The recommendations, suggestions, views and opinions expressed by the experts are their own. These do not represent the views of The Economic Times.)

#EPack #Prefab #bulk #deal #BofA #picks #shares #smallcap #stellar #quarter

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *