Slide 1: Regulation 30 cover letter to stock exchanges
__________ POLypLEX May 24,2.019 The Manager - listing Department, The General MC1Inager- listing Department, National Stock Exchange of India limited, BSE limited Exchange Plaza, NSE Building, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Bandra East, Mumbai- 4.0.0.0.01 Mumbai- 4.0
Slide 2: Fourth Quarter FY 2018-19 Financial Results & Summary
Fourth Quarter FY 2018-19 Polyplex Corporation Limited (PCL) Financial Results & Summary May 24th, 2019
Slide 3: Disclaimer
Disclaimer • This presentation may contain forward-looking statements which are based on the Company’s current expectations and estimates about the industry, management’s beliefs and various other assumptions. These forward-looking statements are subject to various risks, uncertainties and other fac
Slide 4: Polyplex: A Brief Introduction
Polyplex: A Brief Introduction Polyplex group is among the world’s largest manufacturers of thin PET Film Capabilities - Thin PET - Thick PET - BOPP - Blown PP/PE - CPP - PET Resin 1600 2000+ Focus on: - Differentiated, Downstream Customers in Employees - Metallizing Specialty and 70 countries From
Slide 5: Polyplex: A Global Presence
Polyplex: A Global Presence Netherlands Turkey South Korea Japan USA India China Mexico Thailand Malaysia Singapore Six Manufacturing Indonesia Facilities in 5 Countries, Multiple Parent Company Locations (Manufacturing) warehouses Other Manufacturing Locations and Liaison Upcoming Manufacturing Loc
Slide 6: Group Structure
Group Structure POLYPLEX GROUP- STRUCTURE Polyplex Corporation Limited (PCL/Polyplex India) INDIA Polyplex (Thailand) Public Co. Ltd. ub Public eTLs Bevplex, Thailand) Institutional Shareholder 66.50% " EcoBlue Ltd PT Polyplex Films Indonesia (PFI / Polyplex Indonesia) THAILAND INDONESIA 100% PT _33
Slide 7: Value Chain
Value Chain Stand Up Can Lamination Sachet Pack Susceptor Film Pouch BASIC RAW PLASTIC & NATURAL RESOURCES PETROCHEMICALS MATERIALS INTERMEDIATE P PRODUCTS A C K Ethylene MEG A Easy Peeling Ready 2 Eat Aroma Pack Spouted Pack Packaging & Industrial G Lids Pack Customers I N Film G Natural Grade Coat
Slide 8: Capacity
CAPACITY PET Film Resin Base Films (MT) Coated/ Value Added Films (MT) Holography Transfer Metallized PET Thin PET Thick BOPP CPP Blown PP Metallized (MT) Coated (Sqm (Sqm) Sqm) (MT) MT) Paper (Sqm) P A R E N 55,000 35,000 34,613 4080 286 83 T 77,600 INDIA 42,000 28,800 10,000 8,845 21,700 985 80,50
Slide 9: Q4 2018-19 and FY 2018-19 Summary
Q4 2018-19 Summary FY 2018-19 Summary (QoQ Growth) (YoY Growth) Sales Volume (Plastic Film) 65,425 MT Sales Volume (Plastic Film) 253,010 MT (8%) (6%) Q4 2018-19 Revenue 115,674 INR Lacs FY 2018-19 Revenue 454,548 INR Lacs (Flat) (28%) Normalized EBITDA 19,782 INR Lacs Normalized EBITDA 79,805 INR L
Slide 10: Thin PET Film Sales Volume, Ex-Factory Price & Value Addition
Thin PET Film (Plain + Met) Sales Volume Ex-Factory Price (Thin PET Film) & Value Addition MT USD/Kg 225,000 3.00 170,456 178,782 180,000 2.50 2.00 2.31 2.44 135,000 2.18 2.26 2.26 1.97 1.50 90,000 43,873 45,512 43,232 46,165 1.00 0.93 1.01 1.09 1.06 1.06 1.04 45,000 0.50 0 - 2017-18 Q1 18-19 Q2 18-
Slide 11: Normalized EBITDA (PCL Consolidated)
Normalized EBITDA (PCL Consolidated) Rs in Lacs Normalized EBITDA Rs in Lacs 21,000 90,000 20.00% 19,782 17.56% 20,000 80,000 16.76% 18.00% 19,076 15.77% 19,000 70,000 14.63% 16.00% 60,000 14.00% 18,000 10.14% 12.00% 17,000 50,000 10.00% 16,000 40,000 8.00% 15,000 30,000 6.00% 14,000 20,000 4.00% 13
Slide 12: Reported EPS (PCL Consolidated)
Reported EPS (PCL Consolidated) Rs/Share EPS Rs/Share 110.00 103.19 110.00 35.00 31.86 100.00 100.00 90.00 90.00 30.00 24.15 80.00 72.44 80.00 25.00 70.00 70.00 20.00 60.00 49.85 51.00 60.00 50.00 50.00 15.00 40.00 40.00 40.00 10.00 30.00 30.00 20.00 11.86 20.00 5.00 9.08 7.00 10.00 10.00 2.50 3.00
Slide 13: ROCE and ROE
ROCE 20.00% 18.68% 18.00% 16.00% 13.75% 14.00% 12.00% 10.71% 13.52% 10.00% 8.91% 8.00% 9.90% 6.00% 7.80% 4.36% 6.59% 4.00% 2.00% 3.29% 0.00% 31.03.2015 31.03.2016 31.03.2017 31.03.2018 31.03.2019 With C ash & Cash Equi valents Excluding Cash & Cash Equi valents ROE 25.00% 22.94% 20.00% 15.14% 15.00%
Slide 14: Group Cash & Debt Position
Group Cash & Debt Position Cash & Debt Position as on 31st March 2019 Cash & Cash equivalents Debt (Long Term + Short Term) Name of entity (Rs. In crores) (Rs. In crores) Polyplex Corporation Limited / Polyplex (Asia) Pte.Ltd* 974 218 Polyplex (Thailand) Public Co. Ltd. & Subsidiaries 201 568 Total
Slide 15: Current Status - Projects
Current Status - Projects Ongoing + New Projects – Capital Cost Amount in INR Crores Capex Location Amount Already Spent Total Expected Capital Cost (As on 31st March 2019) Green Field Project Indonesia 552 293 India 78 19 Other Ongoing Projects- Brownfield Overseas 104 15 Total Cost 735 327 Note: I
Slide 16: Current updates on ongoing projects: Indonesia Greenfield
Current updates on ongoing projects Indonesia : A New Greenfield Project • Capacity: Film Plant – 44KTPA, Metallizer – 73KTPA, Chips Plant – 6KTPA • Estimated Start Up Date: Film Plant - Q2 FY 2019-20 Metallizer – Q2 FY 2019-20 Chips Plant – Q3 FY 2019-20 • Project Cost within budget • Machine Insta
Slide 17: Current updates on ongoing projects continued
Current updates on ongoing/ projects…..continued Holography - Transfer Saracote Line III- New Offline Coater - Metallized Paper Metallizer – India India Thailand Thailand – India •Capacity – 4,080 TPA •Capacity – Approx. 80 •Capacity – Approx. •Capacity – Approx. 50 •Capacity – 1680 MT •Capability f
Slide 18: Other New Capex
Other New Capex New Batch Plant - Turkey • Capacity – 18,250 MT/annum • Expected start up – Q1 FY 2020-21 • To meet Silica & Specialty Resin requirement Holography Machine - Turkey • Capacity – 480 MT/annum • Expected start up – Q3 FY 2019-20 • Expanded product basket – specialty products
Slide 19: Focus on Value Added Films
Focus on Value Added Films - Over the last few years, there has been a consistent focus on High value added (HVA) product sales. This helps in stable and higher earnings especially during the Industry downside. - The high value added sales comprise around 50% of the total product portfolio of the Gr
Slide 20: Industry Outlook – PET film
Industry Outlook – PET film New Capacities Global Demand-Supply 1. Globally, several new Thin Film lines are expected to be added in the 8,000 100% next two years, increasing the global capacity base by approx. 500K 80% 83% 87% 7,000 76% 90% TPA. 70% 73% 80% 2. Inspite of these capacity additions, o
Slide 21: Focus on Sustainability & Circular Economy
Focus on Sustainability & Circular Economy Environmental Concerns leading to Our Response – An Opportunity to Regulatory Changes demonstrate Leadership • Europe Plastic Strategy 2018 • 2030 – 100% recyclable packaging, 25% recycled content by 2025 • Member of Industry associations and action groups
Slide 22: Thank You
Thank You