Epack Prefab Technologies shares the focus now that the PAT exceeds 100% in the second quarter

Shares of Epack Prefab Technologies are expected to remain in focus on Thursday, October 23, after the company reported a strong set of numbers for the second quarter of 2026, highlighting robust growth across both business sectors. The company posted 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, 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. Profit before tax (PBT) for the period was reported at Rs 60.4 crore.

Epack Prefab Technologies operates through two major business segments: the PreFab Business, which provides turnkey solutions for designing, manufacturing, installing and constructing pre-engineered steel buildings and structures in India and abroad; and the EPS Packaging Business, which produces expanded polystyrene sheets, blocks and molded products for use in the construction, packaging and consumer goods industries.

On the balance sheet front, ICRA recently upgraded the company’s rating to A+, citing strong financials and a robust balance sheet. The prefabrication business recorded an impressive CAGR of 46.2% between FY22 and FY25, 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 expanded 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.

Despite its operating strength, Epack Prefab shares have been under pressure since its market debut. The shares were listed at a discount on October 1, opening at Rs 183.85 on the NSE (down 9.87% from the issue price of Rs 204) and Rs 186.10 on the BSE (down 8.73%). The listing was below gray market expectations, which had predicted a flat debut, and the stock continues to trade below its IPO price as of Tuesday’s close.Disclaimer: Recommendations, suggestions, views and opinions expressed by the experts are their own. These do not represent the views of The Economic Times)