Here is why Epack Prefab Technologies shares rallied 18% on Thursday

Shares of Epack Prefab Technologies Ltd. were in focus on Thursday, October 23, rallying 18% in early trade after the company reported a strong set of September quarter (Q2FY26) results.

The company's consolidated revenue rose 61.5% year-on-year to ₹433 crore, compared to ₹268 crore in the same quarter last year.

Net profit more than doubled, rising 105.4% year-on-year to ₹29.5 crore from ₹14.36 crore.

EBITDA jumped 83.1% year-on-year to ₹50 crore from ₹27.3 crore, while the EBITDA margin expanded to 11.5% from 10.2%.

Epack Prefab's order book stood at ₹655 crore as of the first half of FY26, the company said in its earnings statement.

The company made its stock market debut earlier this year at ₹183 per share, a 10.2% discount to its issue price of ₹204 per share.

Epack Prefab Technologies had raised ₹504 crore through its initial public offering (IPO), which included a fresh issue of ₹300 crore and an offer for sale of ₹204 crore.

The IPO received an overall subscription of three times the total shares on offer, with strong demand from institutional investors. The Qualified Institutional Buyers (QIB) category was subscribed 5 times, non-institutional investors 3.7 times, and the retail segment 1.7 times.