Epack Durable reported a 33% decrease in growth within its air conditioning segment for the fourth quarter of fiscal year 2026 [1].
The results highlight significant headwinds in the consumer electronics sector, specifically regarding inventory management and pricing pressures that affected the company's bottom line.
Ajay DD Singhania, MD and CEO of Epack Durable, said the industry faced a challenging year [1]. He said the decline in the AC segment growth was a primary driver of the current margin pressure [1]. Despite these setbacks, Singhania said the company is beginning to see a turnaround in recent weeks.
"Last 2 months show recovery signs; Room AC inventory normalising," Singhania said [1].
To counter the recent downturn, the company has established aggressive long-term financial goals. Singhania said the company is targeting a doubling of both revenue and margin over the next two to three years [1]. This strategy aims to pivot the company away from the volatility experienced during the 2026 fiscal year.
The company's performance was discussed during a corporate briefing broadcast on CNBC TV18 [1]. The briefing served to update investors on the company's operational health, and its path toward recovery as it navigates the fluctuating demands of the cooling market.
“AC segment growth falls 33% in FY26; Industry faced a challenging year”
Epack Durable's struggle with AC segment growth reflects a broader volatility in the durable goods market, where inventory imbalances can rapidly erode margins. The company's ambitious goal to double revenue and margins suggests a shift in strategy, likely focusing on higher-efficiency products or market expansion to offset the losses seen in the 2026 fiscal year.
