EPL Limited has infused fresh capital into its Thailand-based wholly-owned subsidiary, EPL Packaging (Thailand) Co. Ltd. (EPTL), as part of an ongoing expansion drive in the region.
Deal details
In a regulatory filing, EPL Limited said it invested 4,95,00,000 Thai Baht (approximately Rs. 144.54 million) in EPTL on 3 July 2026. The investment was made after securing necessary approvals under applicable Indian and Thai laws, and follows a series of earlier intimations on the matter dated December 19, 2024, May 1, 2025, May 6, 2025, June 4, 2025 and December 9, 2025.
The fresh funds are for subscription of 4,85,100 shares of EPTL at a face value of 100 Thai Baht each, in addition to shares already held by the company.
Separately, Lamitube Technologies Ltd., another wholly-owned EPL subsidiary, invested for 4,900 additional EPTL shares. Following the transaction, EPL holds 99% of EPTL while Lamitube Technologies holds the remaining 1%, keeping EPTL a wholly-owned subsidiary of EPL.
EPTL is engaged in the manufacturing and trading of laminated tubes in Thailand. The company reported a turnover of 16,159,093.60 Thai Baht for FY 2025-26, its first full year of operations.
EPL Limited had closed FY26 with its highest revenue growth in five years
The company’s Q4 FY26 revenue rose 17.6% year-on-year to ₹13,005 million, with EBITDA margins at 20.2%, driven by broad-based gains across geographies and categories, led by Beauty & Cosmetics’ record ~30% growth and a 10% recovery in Oral Care.
For the full year, revenue grew 13% to ₹47,631 million, EBITDA rose to ₹9,724 million (20.4% margin, up 49 bps over FY25), and PAT excluding exceptional items grew 15% to ₹4,171 million.
MD & Global CEO Hemant Bakshi said FY26 has been a defining year for EPL, with the strategic shift towards Beauty & Cosmetics translating into results and the segment now larger than Oral Care in most key markets, marking a move toward a more balanced portfolio.
