EPL Limited submitted its audited standalone and consolidated financial results for the quarter and full financial year ended March 31, 2026, to NSE on May 14, 2026. The board had earlier declared a total dividend of ₹5.00 per equity share for FY26, comprising an interim dividend of ₹2.50 per share approved in November 2025 and a final dividend of ₹2.50 per share recommended in May 2025 for the prior cycle, reflecting a consistent payout rhythm the company has maintained over recent years.
Dividend Details and Yield
The interim dividend of ₹2.50 per equity share of face value ₹2 each was declared at the board meeting held on November 10, 2025, for FY26. At the current market price of ₹229, this interim payout alone translates to a dividend yield of approximately 1.09%. On a combined FY26 total payout basis of ₹5.00 per share, the annualised dividend yield works out to approximately 2.18% at the prevailing price.
Dividend History and Trend Analysis
EPL's dividend history reveals a clear upward trajectory over the past five years:
- FY21: ₹2.05 per share (final only)
- FY22: ₹2.15 per share (interim) + ₹2.15 per share (final) = ₹4.30 total
- FY23: ₹2.15 per share (interim) + ₹2.15 per share (final) = ₹4.30 total
- FY24: ₹2.15 per share (interim) + ₹2.30 per share (final) = ₹4.45 total
- FY25: ₹2.50 per share (final) declared in May 2025
- FY26: ₹2.50 per share (interim) declared in November 2025
The shift from a flat ₹4.30 total payout in FY22 and FY23 to ₹4.45 in FY24 and a higher per-instalment figure of ₹2.50 in FY26 indicates a deliberate and measured increase in shareholder returns. The company has maintained a twice-yearly distribution cycle since at least FY22, signalling consistent cash generation from operations.
Market Context and Valuation
EPL Limited is currently trading at ₹229, a decline of ₹1.76 or 0.76% on the day. The stock carries a price-to-earnings ratio of 18.36x, marginally above the sector PE of 17.79x, suggesting the market prices it at a slight premium to peers. The company's market capitalisation stands at ₹7,335.04 Cr.
Against its 52-week range, the stock is positioned closer to its lower end. The 52-week high of ₹254 was recorded on June 3, 2025, while the 52-week low of ₹176.40 was hit on March 16, 2026. The current price of ₹229 represents a recovery of approximately 29.8% from the 52-week low, though it remains 9.8% below the annual peak.
Delivery and Participation Data
The delivery percentage of 55.72% on a total volume of 3,77,815 shares traded indicates that more than half of the day's trades resulted in actual delivery, as opposed to intraday activity. A delivery percentage above 50% is generally associated with positional interest from investors rather than short-term speculative trading. The stock's daily volatility stands at 2.17%, reflecting moderate price movement. EPL is part of the NIFTY MICROCAP 250, NIFTY TOTAL MARKET, and NIFTY SMALLCAP 500 indices.
Company Background
EPL Limited, formerly known as Essel Propack, is one of the world's largest manufacturers of laminated plastic tubes, serving sectors including oral care, beauty, cosmetics, food, and pharmaceuticals. The company operates across multiple geographies with consolidated operations reported alongside its India standalone financials.
Investors tracking dividend-paying smallcap names will note that EPL's consistent semi-annual distribution record, combined with a PE only marginally above the sector average and a delivery-heavy trading session on results day, provides a data point for assessing the company's investor profile as FY27 begins.
