Macpac Films Limited · PSX:MACFL
Macpac Films — Q3 FY2024 Earnings Presentation
20 slides from Macpac Films's earnings presentation, April 2024
Slide 1: Corporate Briefing Session for the Quarter Ended March 31, 2024
CORPORATE BRIEFING SESSION FOR THE QUARTER ENDED MARCH 31, 2024 (FY24)
Slide 2: Important Disclaimer
Important Disclaimer THIS PRESENTATION IS NOT AN OFFER OR SOLICITATION OF AN OFFER TO BUY OR SELL ANY SECURITIES OR ANY INVESTMENT This presentation has been prepared by Macpac Films Limited (“MACFL”) solely for information purposes. No representation or warranty express or implied is made thereto,
Slide 3: Agenda
Agenda Company Overview Key Drivers Business Overview Outlook Q & A.
Slide 4: Company Overview
Company Overview Key Drivers Business Overview Outlook Q & A.
Slide 5: History & Timeline
History & Timeline Macpac Films Ltd was founded and incorporated in 1993 by Mr. Maqbool Elahi Shaikh, who was the pioneer of BOPP and CPP films in Pakistan. His contributions to the plastic packaging film industry are well recognized. Our history is a reflection of who we are today. Possessing rich
Slide 6: Leadership
Leadership BOARD MANAGEMENT Chairman Mr. Naeem Ali Munshi Director Operations Mr. Habib Maqbool Elahi Chief Executive Officer Mr. Najm ul Hassan Chief Financial Officer Mr. M. Faisal Panawala Managing director Mr. Ehtesham Maqbool Elahi Company Secretary Mr. Aquil A. Khan Non-executive directors Mr.
Slide 7: Our Products
Our Products FILM TYPES Plain Sealable Metalized Pearlized Matte White PACKAGING SOLUTIONS FOR Chips Biscuits Cakes Ice cream Soap Tea Textile Cigarette Formica Labels Stationery Flowers Mouth Fresheners Pharmaceuticals Sheet Lamination
Slide 8: Key Drivers
Company Overview Key Drivers Business Overview Outlook Q &A
Slide 9: Homopolymer (ICIS) vs Crude Oil
Homopolymer (ICIS) vs Crude Oil USD Homo (ICIS) Crude oil 1,400 200.0 1,300 180.0 1,237 1,200 1,143 160.0 1,106 1,079 1,080 1,100 1,045 1,048 1,045 1,045 1,038 1,035 1,028 1,031 1,037 140.0 999 988 965 975 981 1,000 948 939 120.0 900 96.7 97.0 100.0 800 86.5 86.5 87.2 83.6 81.8 83.8 82.7 81.4 81.4 7
Slide 10: PKR : Dollar Parity
PKR : Dollar Parity 310 Mar-23, 280.2 Apr-23, 284.9 Sep-23, 297.8 Avg Monthly Oct-23, 280.4 Feb-24, 279.4 PKR : USD Feb-23, 266.7 280 Mar-24, 278.2 Jul-22, 219.4 Jan-23, 234.1 250 May-23, 285.5 Nov-23, 283.3 Dec-22, 224.8 Dec-23, 280.3 Jun-22, 204.4 Jun-23, 286.6 220 Aug-23, 293.8 May-22, 195.5 Sep-
Slide 11: Business Overview
Company Overview Key Drivers Business Overview Outlook Q &A
Slide 12: Key Business Highlights
Key Business Highlights Financial Highlights Revenue Profitability EPS Exports PKR 4.2 Bn PKR 244 Mn PKR 4.12 PKR 32 Mn Scale Market Total Tax Total Capitalization Employees Contribution Assets PKR 1.12 Bn 212 PKR 1,040 Mn PKR 4.65 Bn * At 31st March 2024, nine months ended
Slide 13: Operational Highlights
Operational Highlights Tons Production Tons Sales 16,000 14,000 13,370 13,458 11,940 12,049 12,414 14,000 13,439 12,000 12,000 4,092 4,631 4,625 4,561 10,000 4,449 4,155 10,000 8,000 8,000 6,000 6,000 8,808 8,745 8,897 4,000 7,894 8,322 4,000 7,491 2,000 2,000 - - 9M - FY 24 9M -FY 23 9M -FY 22 9M -
Slide 14: MACFL – Financials at a Glance
MACFL – Financials at a Glance Figures in PKR Million Sales Revenue Gross Profit Total Assets 4,659 5,000 4,262 1,000 880 5,000 3,942 765 3,952 3,702 4,000 800 4,000 3,181 2,991 3,000 2,224 600 438 3,000 2,290 1,693 377 2,000 400 2,000 1,000 200 80 1,000 0 0 0 2020 2021 2022 2023 2024 2020 2021 2022
Slide 15: MACFL – Liquidity at a Glance
& MACFL- Liquidity at a Glance MACPAC FILMS. Ratios 9M 2021 9M 2022 9M 2023 9M 2024 Current Ratio 0.89 0.93 1.08 1.18 Quick Ratio 0.53 0.45 0.71 0.63 Cash to Current Assets 5% 2% 6% 5% Cash to Current Liabilities 4% 2% 6% 6%
Slide 16: MACFL – PBT per share to Stock Price
MACFL – PBT per share to Stock Price PKR 35.0 29.6 30.0 23.1 22.9 25.0 20.0 15.7 15.7 13.6 15.0 10.0 4.4 11.8 4.6 5.0 1.1 0.0 (3.4) (2.7) -5.0 2018 2019 2020 2021 2022 2023 -10.0 MACFL Share Price PBT Per Share
Slide 17: Outlook
Company Overview Key Drivers Business Overview Outlook Q &A
Slide 18: Outlook
OUTLOOK KEY AREAS OUTLOOK Homo Poly Propylene prices have remained weak to stable as no outages are Raw planned at supplier levels. However due to global recession and declining trend Material of demand, it remains on weaker side which further affected the local demand. Due to lower domestic demand
Slide 19: Q & A
Company Overview Key Drivers Business Overview Outlook Q &A
Slide 20: Contact details
www.macpacfilms.com + (92 21) 111 - 635 – 111 info@macpacfilms.com company.secretary@macpacfilms.com