Epack Prefab Technologies Ltd — Q1 FY27 earnings call
Summary generated by AI from the official transcript Epack Prefab Technologies Ltd filed with BSE on 06 Aug 2026. Every statement cites a verbatim quote from that document — open any citation to read it. This is a record of what management said, not a recommendation. How we check these summaries
The short read
EPACK Prefab reported Q1 FY27 revenue growth of about 25% year-on-year with total revenue near INR366 crores, while EBITDA margin contracted to 9.4% from 10.5% due to steel price increases linked to the West Asia crisis. Order book grew 150% year-on-year to INR580 crores booked in the quarter, taking the total pending order book to around INR1,380 crores. Management discussed expansion plans including new capacity in Gujarat and Andhra Pradesh, early progress in export orders and data center opportunities, and reiterated full-year revenue and margin guidance.
2 statements from this call are not shown because their supporting quotes could not be reproduced within our quoting limits. Nothing shown here is affected: every statement on this page carries its verified quote.
Numbers mentioned
Order book growth: 150% (Q1 FY27)
p. 3
“So in the order book, there was a growth of 150%.”
Sanjay Singhania, page 3 of the filed PDF · View the filing
Orders booked: INR580 crores (Q1 FY27)
p. 3
“this year, we have been able, in this quarter, last quarter we have been able to book INR580 crores of orders.”
Sanjay Singhania, page 3 of the filed PDF · View the filing
Total revenue: INR366 crores (Q1 FY27)
p. 3
“the total revenue of last first quarter was INR366 crores almost as compared to INR295 crores of the first quarter of '26.”
Sanjay Singhania, page 3 of the filed PDF · View the filing
EBITDA: almost INR35 crores (Q1 FY27)
p. 3
“our EBITDA has grown from INR30.9 crores in the first quarter last financial year to almost INR35 crores this year.”
Sanjay Singhania, page 3 of the filed PDF · View the filing
EBITDA margin: 9.4% (Q1 FY27)
p. 4
“So EBITDA margin in the first quarter last year was 10.5 which stands at 9.4%”
Sanjay Singhania, page 4 of the filed PDF · View the filing
PAT margin: 5% (Q1 FY27)
p. 4
“the PAT margin was 5% as compared to 5.4% in the first quarter of last financial year.”
Sanjay Singhania, page 4 of the filed PDF · View the filing
Total order book: INR1380 crores (as of 30 June 2026)
p. 4
“the total order book for us as on 30th of June 26 was almost INR1380 crores”
Sanjay Singhania, page 4 of the filed PDF · View the filing
Capacity utilization, prefab division: 75% plus (Q1 FY27)
p. 4
“The total average capacity utilization of the prefab division was almost 75% plus”
Sanjay Singhania, page 4 of the filed PDF · View the filing
Capacity utilization, sandwich panel line: 45% (Q1 FY27)
p. 4
“there also the capacity utilization was almost 45% as compared to the utilization of 25% that was done in the last financial year.”
Sanjay Singhania, page 4 of the filed PDF · View the filing
Export orders: approximately INR2.5 crores (Q1 FY27)
p. 6
“company has managed to secure export orders worth approximately INR2.5 crores, during Q1 FY27.”
Anuj Shah, page 6 of the filed PDF · View the filing
Data center subsidiary investment: INR75 crores
p. 7
“the proposed INR75 crores investment that we've made into the subsidiary”
Anuj Shah, page 7 of the filed PDF · View the filing
Win rate: close to 20%
p. 12
“Our win rate is definitely yes, you're right, it is 20%, close to 20%.”
Sanjay Singhania, page 12 of the filed PDF · View the filing
Market share: around 7% to 7.5% (end of FY27)
p. 13
“by the end of this financial year our total market share would be around 7% to 7.5% and the market leader has around 12% of the market share.”
Sanjay Singhania, page 13 of the filed PDF · View the filing
Average order size: INR12 crores to INR13 crores (current pending order book)
p. 16
“now it would be almost INR12 crores to INR13 crores is the average order size of the total pending order book right now.”
Sanjay Singhania, page 16 of the filed PDF · View the filing
What management said it would do
A record of statements made on the call, in the words management used. Parakho does not forecast, endorse or assess them, and their presence here is not a view on whether they will happen.
EBITDA margin — 10.5% to 11.5% · from Q2 FY27 onwards
stated firmly by Sanjay Singhania
p. 4
“our EBITDA margins from this quarter onwards will be normalized at 10.5% to 11.5%.”
Sanjay Singhania, page 4 of the filed PDF · View the filing
Revenue — close to INR1900 crores to INR1950 crores · FY27
stated firmly by Sanjay Singhania
p. 4
“we have targeted a revenue of close to INR1900 crores to INR1950 crores which would be almost a growth of 30% over the last financial year.”
Sanjay Singhania, page 4 of the filed PDF · View the filing
Order booking target — INR2000 crores · FY27
stated firmly by Sanjay Singhania
p. 10
“total order in target for us in this financial year is INR2000 crores.”
Sanjay Singhania, page 10 of the filed PDF · View the filing
Sandwich panel line utilization — close to 70% · FY27
stated firmly by Sanjay Singhania
p. 20
“for this year we have guided the market at the start of the year only that it will be close to 70%.”
Sanjay Singhania, page 20 of the filed PDF · View the filing
Ghiloth sandwich panel line commissioning — end of this quarter, production from next quarter
stated firmly by Sanjay Singhania
p. 17
“the Ghiloth sandwich panel line would be commissioned by the end of this quarter, so commercial production likely to start from the next quarter onwards.”
Sanjay Singhania, page 17 of the filed PDF · View the filing
Andhra Pradesh second line — next quarter
stated firmly by Sanjay Singhania
p. 17
“the Andhra Pradesh Andhra Pradesh second line should come up again in the next quarter, so starting of next quarter.”
Sanjay Singhania, page 17 of the filed PDF · View the filing
Gujarat plant commissioning — last quarter of FY27, production from April 27
stated firmly by Sanjay Singhania
p. 17
“the commissioning should happen in the last quarter of this financial year and the production starting from April onwards, April 27 onwards.”
Sanjay Singhania, page 17 of the filed PDF · View the filing
Peak revenue potential — INR2700 crores to INR2900 crores
stated as an aspiration by Sanjay Singhania
p. 7
“The total revenue potential would be close to INR2700 crores to INR2900 crores.”
Sanjay Singhania, page 7 of the filed PDF · View the filing
Revenue with enhanced capacity — INR2,300 crores to INR2,400 crores · FY28
stated conditionally by Sanjay Singhania
p. 21
“even if we are able to achieve say 80% to 85%, it will get us somewhere close to INR2,300 crores to INR2,400 crores for the next FY28”
Sanjay Singhania, page 21 of the filed PDF · View the filing
Revenue growth beyond FY27 — 30% · beyond FY27 till FY30
stated as an aspiration by Sanjay Singhania
p. 19
“so still we would be able to reach only around 0.3 to 0.35 million from a market which would be around 36 million tons for the fabricated steel.”
Sanjay Singhania, page 19 of the filed PDF · View the filing
Q&A highlights
Management's answers to analyst questions, in Parakho's words rather than a transcript. Each row names who answered and carries the verbatim quote it was drawn from.
Management said the order book gives confidence to achieve the 30% growth target, with energy, logistics and auto as key contributing sectors.
Answered by Sanjay Singhania
Asked by Anuj Shah: Can the company sustain 25-30% revenue growth for FY27, and from which segments?
p. 5
“For this financial year ‘27, we have guided the market towards a revenue growth of almost 30% and the order book of -- balanced order book of INR1380 crores in hand gives us a lot of confidence that we'd be able to very easily achieve this target.”
Sanjay Singhania, page 5 of the filed PDF · View the filing
Management expressed confidence that margins would return to about 10.5% from the current quarter, as the commodity price impact was behind them.
Answered by Sanjay Singhania
Asked by Anuj Shah: Will margins normalize to the 10-11% band?
p. 6
“The margins will definitely come back to the old level of 10.5%, close to 10.5% from this quarter onwards”
Sanjay Singhania, page 6 of the filed PDF · View the filing
Management said most orders are fixed price, and the company mitigates commodity risk by booking orders at current prices weekly.
Answered by Sanjay Singhania
Asked by Shubhi Gupta: What proportion of the order book is fixed price versus pass-through?
p. 8
“So most of our orders are fixed price mechanism orders only and the pass-through doesn't work because we procure raw material at a different point of time”
Sanjay Singhania, page 8 of the filed PDF · View the filing
Management said data center orders currently make up a small share of the order book but expect the opportunity to grow.
Answered by Sanjay Singhania
Asked by Dheeraj Ram: What proportion of the order book currently comes from data centers?
p. 9
“So of the total order book, if we talk about it may not be major, it may be just 4% to 5% of the total order book right now.”
Sanjay Singhania, page 9 of the filed PDF · View the filing
Management said improvement should be visible from Q2 onward, with full-year guidance of 10.5% still expected to be achieved.
Answered by Sanjay Singhania
Asked by Nitin Jain: When will EBITDA margin reach the 10.5% guided level?
p. 10
“I think you will start to see improvement in the EBITDA margin from this quarter, second quarter onwards.”
Sanjay Singhania, page 10 of the filed PDF · View the filing
Management clarified that the INR2000 crore figure refers to new orders to be booked, not total coverage, and explained the resulting year-end order book position.
Answered by Sanjay Singhania
Asked by Kanishk Gupta: How does the order book to revenue coverage ratio compare versus prior guidance?
p. 12
“there is an opening order book of INR1110 crores as on 1st of April 26.”
Sanjay Singhania, page 12 of the filed PDF · View the filing
Management said it was too early to give detailed figures but expected to provide more clarity by next quarter.
Answered by Sanjay Singhania
Asked by Aasim: Can management share revenue potential, working capital, and ROCE profile of the data center business?
p. 14
“Very difficult for me at this time to give so many data on this, opportunity that we are exploring.”
Sanjay Singhania, page 14 of the filed PDF · View the filing
Management attributed the losses to design optimization issues and pricing inexperience in the new segment.
Answered by Sanjay Singhania
Asked by Devang Patel: Why were two data center bids lost?
p. 17
“we lost the 2 prospects that we had both on account of design as well as on pricing, because we are new in terms of designing, so there was a little optimization issue.”
Sanjay Singhania, page 17 of the filed PDF · View the filing
Management cited price increases secured on older orders and new orders being booked at revised prices as reasons for confidence.
Answered by Sanjay Singhania
Asked by Vishnu Agarwal: How confident is management in maintaining 10.5% margin in Q2?
p. 20
“we are very much confident that the margins will definitely improve in this quarter.”
Sanjay Singhania, page 20 of the filed PDF · View the filing
Risks flagged
Steel price increases from the Middle East war affecting margins
p. 4
“due to the commodity price increase coming from the war in the Middle East, there was a immediate abrupt steel price increase.”
Sanjay Singhania, page 4 of the filed PDF · View the filing
Fixed-price contracts create risk when commodity prices rise abruptly
p. 8
“Yes, when the prices go up abruptly, it creates a kind of a risk for the company”
Sanjay Singhania, page 8 of the filed PDF · View the filing
Monsoon-related delays to civil works affecting execution
p. 9
“the only challenge in this quarter could be the monsoon. So because of monsoons, the civil works get delayed.”
Sanjay Singhania, page 9 of the filed PDF · View the filing
Customer delays in providing civil works site readiness
p. 16
“due to monsoon you know like there are delays in the civil works, so customer is at this moment the customer is unable to give us the desired front.”
Sanjay Singhania, page 16 of the filed PDF · View the filing
Design and pricing inexperience causing lost data center bids
p. 17
“we lost the 2 prospects that we had both on account of design as well as on pricing, because we are new in terms of designing, so there was a little optimization issue.”
Sanjay Singhania, page 17 of the filed PDF · View the filing
Generated by claude-sonnet-5. Source: the transcript as filed with BSE. We link to the exchange's copy; we do not host transcripts. Parakho is a data and screening tool, not an investment adviser — nothing here is a recommendation to buy, sell or hold.