EPL discloses FY2024–25 annual report with stronger earnings

EPL, headquartered in Mumbai, India, has released its integrated annual report for FY 2024-25, titled ‘Shaping Tomorrow – Faster. Smarter. Greener.’
 
The report details financial growth: revenue increased 7.6% to INR 42,133-million, EBITDA rose 17.5% to INR 8,396-million, and adjusted net profit grew 44.6% to INR 3,626-million. EPS reached INR 11.38 (up 44.4%), ROCE improved to 18% (up 335 basis points), and net debt decreased 24.2% to INR 4,568-million. Operationally, EPL produced over 9-billion tubes, with 33% recyclable and 35% post-consumer recycled (PCR) content. Nine new patents were filed, including eMetal and NeoSeam, with expansions into pet care and OTC pharma. Sustainability efforts include a Net Zero 2050 goal (42% GHG cut by 2030) and 50% water recycling, earning an EcoVadis Gold rating.
 
Anand Kripalu, managing director and global CEO, guides EPL’s strategy. He is supported by COO Ram Ramasamy, CFO Deepak Goyal, and regional leaders like Shrihari K Rao (AMESA). The workforce includes 5,712 employees from 24+ nationalities, with 30% women and 125 specially-abled individuals, including 39 new hires in India this year. Key partners include Colgate, P&G, and Unilever.
 
Kripalu underlines that the operating environment is shifting, with cost pressures and regulatory demands. “Despite volatility, we have maintained profitability while continuing to invest in future-ready capacity,” he said. He adds that India is both a manufacturing hub and a growth market. “We will continue to allocate capital to India as demand for packaged goods expands and brand owners look for innovation and speed.”
 
Internationally, it has consolidated operations in Europe and the Americas, while pushing higher-margin categories in emerging markets.
 
The fiscal year covered 1 April 2024 to 31 March 2025, with the report released today. This marks 43 years since EPL’s founding in 1982 as Essel Packagings. Notable progress included talent onboarding in Q2, patent filings in Q4, and regional growth: Americas up 12.3%, Europe 10.8%, EAP 7.3%, and AMESA (India-led) 3.6%. India’s standalone revenue grew ~3.3%, with PAT up 19% to INR 2,099-million.
 
EPL operates seven plants in India (Vasind, Wada, etc) across five states, employing 1,443 permanent staff and 1,337 workers. Its global network spans AMESA (India, Egypt), EAP (China, Philippines), the Americas (the US, Mexico, Colombia, Brazil), and Europe (the UK, Poland, Germany). India leads with eco-initiatives like solar-powered Vasind and community projects in Assam.
 
EPL aims to be the most sustainable packaging company, driven by a mission for revenue and earnings growth. "We are committed to achieving Net Zero by 2050 and ensuring 100% of our packaging is recyclable, reflecting our pledge to future generations," Kripalu stated. This aligns with rising eco-regulations and consumer demand, supported by UN SDGs, SBTi targets, and India’s Digital Personal Data Protection Act.
 
EPL’s next phase is anchored on what it calls the 4Cs. Core refers to strengthening oral care, its backbone category. Create points to building new categories such as beauty and cosmetics, and pharma. Customer centricity emphasises working closely with clients through co-creation and supply chain integration. Culture highlights capability-building, sharper execution and sustainability commitments. Kripalu stated, “The 4Cs are our growth engine, ensuring we balance stability in oral care with expansion into new categories, while embedding innovation and culture as enablers.”
 
Green efforts include 33% recyclable tubes, renewable energy, and 71% local sourcing in India. The workforce, with 22% women in India, supports inclusive growth.
 
The report’s cover, featuring vibrant colours and the 'Shaping Tomorrow' theme, reflects EPL’s forward-looking approach.