EPACK's RAC sales drop 24.7%; SDA and components fill the gap
Revenue fell 8.1% YoY but segment mix shifted dramatically. SDA & LDA up 32.1%, components up 50.1%. Five new customers added.
— 3 earlier stories on EPACK Durable Ltd. →What's new
- RAC segment revenue dropped 24.7% YoY in Q4.
- SDA & LDA and components grew 32.1% and 50.1% respectively.
- Added 5 new customers during the quarter.
Why this matters
The steep RAC decline underscores industry headwinds, but the rapid growth in non-RAC segments shows EPACK is diversifying. The open question is whether margin pressure from the mix shift will ease as scale builds in SDA and components.
What we're watching
- Ramp-up of Sri City Hisense plant and its margin impact.
- Conversion of new customer wins into sustained revenue.
- Segment mix trajectory in FY27.
The full read
EPACK's Q4 numbers were already out, but the press release adds the story behind them. RAC, the core business, shrank a quarter. Smaller appliances and components, however, grew at 32% and 50% respectively—enough to cushion but not reverse the 8.1% revenue decline. The company added five new customers, hinting at commercial momentum beyond the legacy RAC franchise. Management commentary pointed to the Sri City Hisense plant as the next catalyst, though margin pressure was acknowledged. For a small-cap in transition, the filing confirms a two-speed story: RAC is the drag, the rest is the hope. Nothing new on the headline numbers, but the segment detail changes the narrative.
Story so far
All notes on EPACK →- Today · 10:50 PM IST EPACK's RAC sales drop 24.7%; SDA and components fill the gap
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