Integrated Filing — IndAS

General information about company
Scrip Code	500135
NSE Symbol	EPL
MSEI Symbol	NOTLISTED
ISIN	INE255A01020
Name of company	EPL LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	08-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	01-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Geographical
Description of single segment
Start date and time of board meeting	08-May-2025   15:15:00
End date and time of board meeting	08-May-2025   16:32:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	11054000000	42133000000
	Other income	104000000	436000000
	Total income	11158000000	42569000000
2	Expenses
(a)	Cost of materials consumed	4254000000	17527000000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	426000000	-172000000
(d)	Employee benefit expense	2091000000	8324000000
(e)	Finance costs	284000000	1139000000
(f)	Depreciation, depletion and amortisation expense	876000000	3427000000
(f)	Other Expenses
1	Other expenses	2003000000	8095000000
	Total other expenses	2003000000	8095000000
	Total expenses	9934000000	38340000000
3	Total profit before exceptional items and tax	1224000000	4229000000
4	Exceptional items	-36000000	-36000000
5	Total profit before tax	1188000000	4193000000
6	Tax expense
7	Current tax	80000000	801000000
8	Deferred tax	-7000000	-224000000
9	Total tax expenses	73000000	577000000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	1115000000	3616000000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	42000000	22000000
16	Total profit (loss) for period	1157000000	3638000000
17	Other comprehensive income net of taxes	350000000	325000000
18	Total Comprehensive Income for the period	1507000000	3963000000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	1143000000	3590000000
	Total profit or loss, attributable to non-controlling interests	14000000	14000000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	1493000000	3915000000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	14000000	48000000
21	Details of equity share capital
	Paid-up equity share capital	639000000	639000000
	Face value of equity share capital	2	2
27	Details of debt securities
22	Reserves excluding revaluation reserve		22909000000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	3.58	11.27
	Diluted earnings (loss) per share from continuing operations	3.57	11.23
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	3.58	11.27
	Diluted earnings (loss) per share from continuing and discontinued operations	3.57	11.23
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		For note nos. 1 to 3, please refer the consolidated financial results filed in pdf format. n n4. EPL Limited (the 'Holding Company') and its subsidiaries are together referred to as 'the Group' in the following notes. The above consolidated financial results (the 'results') of the Group and its associate have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard ('Ind AS'), prescribed under section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting Standards) Rules, 2015 and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended). These results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 08 May 2025. n n5. Figures for the quarters ended 31 March 2025 and 31 March 2024 are the balancing figures between the audited figures in respect of full financial year and the published year-to-date figures upto the third quarter of the relevant financial year, which were subjected to limited review by the statutory auditors. n n6. The Board of Directors of the Holding Company at its meeting held on 08 May 2025 has recommended a final dividend of Rs. 2.50 per equity share of Rs. 2 each fully paid up, subject to approval of shareholders at the ensuing shareholders meeting. n n7. Exceptional items represent following: n (i) Owing to restructuring of operations in Europe region, the Group has incurred a cost of Rs. 36 million during the quarter and year ended 31 March 2025 (Rs. 140 million during the year ended 31 March 2024). n(ii) Due to the economic situation in Egypt, the Egyptian government decided to significantly devalue the currency and get USD investments and aids during the quarter ended 31 March 2024. This resulted in EPL MISR for Advanced Packaging S.A.E. (“EPL MISR”), a subsidiary incorporated in Egypt, incurring foreign exchange loss (net) amounting to Rs. 465 million during the quarter and year ended 31 March 2024. n n8.Pursuant to Employees Stock Options Scheme 2020, the Holding Company has granted 53,958 stock options during the quarter ended 31 March 2025. n n9. During the quarter ended 31 March 2025, the Holding Company has allotted 837,675 equity shares of face value Rs. 2 each to option grantees upon exercise of options under the Holding Company's Employees Stock Options Scheme 2020. n n10. Subsequent to the quarter ended 31 March 2025, the Holding Company has made investment in a newly incorporated wholly owned subsidiary named 'EPL Packaging (Thailand) Co., Ltd'. n n11. Amounts shown as '0' in the above results represent value less than Rupee one million.

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	18242000000
	Capital work-in-progress	688000000
	Investment property	0
	Goodwill	1159000000
	Other intangible assets	300000000
	Intangible assets under development	40000000
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	144000000
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	59000000
	Total non-current financial assets	203000000
	Deferred tax assets (net)	532000000
	Other non-current assets	1549000000
	Total non-current assets	22713000000
2	Current assets
	Inventories	7200000000
	Current financial asset
	Current investments	250000000
	Trade receivables, current	6993000000
	Cash and cash equivalents	1909000000
	Bank balance other than cash and cash equivalents	60000000
	Loans, current	0
	Other current financial assets	293000000
	Total current financial assets	9505000000
	Current tax assets (net)	0
	Other current assets	637000000
	Total current assets	17342000000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	40055000000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	639000000
	Other equity	22909000000
	Total equity attributable to owners of parent	23548000000
	Non controlling interest	39000000
	Total equity	23587000000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	3124000000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	909000000
	Total non-current financial liabilities	4033000000
	Provisions, non-current	240000000
	Deferred tax liabilities (net)	591000000
	Deferred government grants, Non-current	0
	Other non-current liabilities	89000000
	Total non-current liabilities	4953000000
	Current liabilities
	Current financial liabilities
	Borrowings, current	3603000000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	115000000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	5828000000
	Total Trade payable	5943000000
	Other current financial liabilities	1300000000
	Total current financial liabilities	10846000000
	Other current liabilities	374000000
	Provisions, current	184000000
	Current tax liabilities (Net)	111000000
	Deferred government grants, Current	0
	Total current liabilities	11515000000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	16468000000
	Total equity and liabilites	40055000000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	AMESA	3551000000	14694000000
2	EAP	2424000000	10039000000
3	AMERICAS	3044000000	11103000000
4	EUROPE	2697000000	9887000000
5	Unallocated	5000000	17000000
6	Inter segmental elimination	-667000000	-3607000000
	Total Segment Revenue	11054000000	42133000000
	Less: Inter segment revenue
	Revenue from operations	11054000000	42133000000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	AMESA	395000000	1606000000
2	EAP	312000000	1514000000
3	AMERICAS	334000000	1055000000
4	EUROPE	280000000	905000000
5	Unallocated	-5000000	-12000000
6	Inter segmental elimination	54000000	-99000000
	Total Profit before tax	1370000000	4969000000
	i. Finance cost	284000000	284000000
	ii. Other Unallocable Expenditure net off Unallocable income	-144000000	-144000000
	Profit before tax	1230000000	4215000000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	AMESA	12176000000	12176000000
2	EAP	9019000000	9019000000
3	AMERICAS	9738000000	9738000000
4	EUROPE	8200000000	8200000000
5	Unallocated	2271000000	2271000000
6	Inter segmental elimination	-1349000000	-1349000000
	Total Segment Asset	40055000000	40055000000
	Un-allocable Assets	0	0
	Net Segment Asset	40055000000	40055000000
4	Segment Liabilities
	Segment Liabilities
1	AMESA	3009000000	3009000000
2	EAP	3028000000	3028000000
3	AMERICAS	1891000000	1891000000
4	EUROPE	2072000000	2072000000
5	Unallocated	7440000000	7440000000
6	Inter segmental elimination	-972000000	-972000000
	Total Segment Liabilities	16468000000	16468000000
	Un-allocable Liabilities	0	0
	Net Segment Liabilities	16468000000	16468000000
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurement gains/(losses) on defined benefit plan	-5000000	-13000000
2	Changes in fair value of equity investment through other comprehensive income	0	4000000
	Total Amount of items that will not be reclassified to profit and loss	-5000000	-9000000
2	Income tax relating to items that will not be reclassified to profit or loss	-1000000	-2000000
3	Amount of items that will be reclassified to profit and loss
1	Exchange differences on translation of financial results of foreign operations	354000000	332000000
	Total Amount of items that will be reclassified to profit and loss	354000000	332000000
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	350000000	325000000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			4193000000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			1139000000
	Adjustments for decrease (increase) in inventories			-727000000
	Adjustments for decrease (increase) in trade receivables, current			-15000000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			0
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			420000000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			0
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			3427000000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			0
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			393000000
	Adjustments for dividend income			0
	Adjustments for interest income			71000000
	Adjustments for share-based payments			56000000
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-11000000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			-153000000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			4458000000
	Net cash flows from (used in) operations			8651000000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			700000000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			7951000000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			10092000000
	Other cash payments to acquire equity or debt instruments of other entities			10373000000
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			72000000
	Purchase of property, plant and equipment			3631000000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			71000000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			11000000
	Net cash flows from (used in) investing activities	-3758000000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			191000000
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			9538000000
	Repayments of borrowings			10832000000
	Payments of lease liabilities			617000000
	Dividends paid			1526000000
	Interest paid			1066000000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-4312000000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-119000000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			14000000
	Net increase (decrease) in cash and cash equivalents			-105000000
	Cash and cash equivalents cash flow statement at beginning of period			2014000000
	Cash and cash equivalents cash flow statement at end of period			1909000000