Slide 1: Exchange filing cover letter
To To Listing Department Listing Department BSE Limited (“BSE”) National Stock Exchange of India Limited (“NSE”) Department of Corporate Services Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 Scrip Code: 544095
Slide 2: Earnings Presentation Q4-FY24 / FY24
EARNINGS PRESENTATI ON Q4-FY24 / FY24 EPACK Durable Limited –
Slide 3: Snapshot
SNAPSHOT Highest Amount of Cost Efficient 24% RAC, SDA & Components Backward Integration for Focused Manufacturing Diversified Product Portfolio Market Share 1 RACs at a single location 2 Operations One of Initial RAC ODM 3 One of Initial RAC ODM Manufacturing 3 R&D Centres In India to Introduce 5 m
Slide 4: Company Overview
COMPANY OVERVIEW REVENUE & EBITDA MARGINS • Incorporated in 2003, EPACK Durable (EPACK) started off as a contract manufacturer of consumer durables such as RACs, Induction Cooktops, Juicer-mixer grinders, and water dispensers for OEMs. 15,388 14,196 • Later in 2012 it transformed into an Original De
Slide 5: Integrated Solution Provider
INTEGRATED SOLUTION PROVIDER We design and Customisation as Manufacturers Highest amount of manufacture complete per different client critical components backward integration RACs, induction requirements such as heat for RACs at a single cooktops, mixer- exchangers, copper location, that has grinder
Slide 6: Our Products
OUR PRODUCTS AIR CONDITIONERS INDOOR UNIT (IDU) OUTDOOR UNIT WINDOW AIR CONDITIONER DOMESTIC AIR COOLER (ODU) (WAC) INVERTER/FIXED SPEED SMALL DOMESTIC APPLIANCES INDUCTION COOKTOP MIXER GRINDER WATER DISPENSER COMPONENTS HEAT EXCHANGER SHEET METAL PRESS INJECTION MOLDED CROSS FLOW PCB ASSEMBLY COPP
Slide 7: Value Chain
VALUE CHAIN Advanced Vertically Integrated Manufacturing Operations With Product Portfolio Aimed At Capturing The Full Spectrum Of The RAC & SDA Value Chain. INSTALLED CAPACITY Dehradun Bhiwadi Sri City Location (Uttarakhand) (Rajasthan) (Andhra Pradesh) Component Manufacturing Capability Injection
Slide 8: Upcoming Products
UPCOMING PRODUCTS FA Washing Machine Room Oil Heater Air Fryer Induction Hair Dryer Tower Fan Water Heater 7
Slide 9: Established Customers
ESTABLISHED CUSTOMERS L O N G - S TA N D I N G R E L AT I O N S H I P S W I T H E S TA B L I S H E D C U S TO M E R S 8
Slide 10: Business Strengths
BUSINESS STRENGTHS Long-Standing Among the Key Advanced Vertically Robust Product Experienced Promoters Relationships with Manufacturers in Fast- Integrated Development & Design Supported by Senior Established Customers, Growing RAC & SDA Manufacturing Optimization Management Team with Potential to
Slide 11: Key Growth Drivers
KEY GROWTH DRIVERS The government mandated that BIS certification is mandatory for selling RACs and components in India. This proved BIS cumbersome for exporters in China, Thailand, etc. and hence Certification Requirement acted as a deterrent A complete ban on the import of gas-charged Ban on impor
Slide 12: Q4-FY24 / FY24 Performance
Q4-FY24/ FY24 PERFORMANCE EPACK Durable Limited –
Slide 13: Financial Highlights
FINANCIAL HIGHLIGHTS Q4-FY24 PERFORMANCE FY24 PERFORMANCE INR 5,257 Mn INR 555 Mn 10.56% INR 14,196 Mn INR 1,162 Mn 8.19% Operating Income Operating EBITDA EBITDA Margins Operating Income Operating EBITDA EBITDA Margins (17.7)% YoY (9.9)% YoY + 92 Bps YoY (7.7)% YoY + 13.3% YoY + 152 Bps YoY INR 278
Slide 14: Operational Highlights
OPERATIONAL HIGHLIGHTS • Decline in Revenues in FY24 and Q4-FY24 on a YoY basis was primarily due to: o The effect of weather disruption in Q1-FY24 lead to higher end of season inventory with brands; and consequently, as brands liquidated their excess inventory in Q4-FY24, the fresh manufacturing de
Slide 15: Quarterly Financial Performance
QUARTERLY FINANCIAL PERFORMANCE Particulars (INR Mn) Q4-FY24 Q3-FY24 Q-o-Q Q4-FY23 Y-o-Y Operational Income 5,257 2,791 88.4% 6,391 (17.7)% Expenses 4,702 2,554 84.1% 5,775 (18.6)% EBITDA 555 237 134.2% 616 (9.9)% EBITDA Margins (%) 10.56% 8.49% 207 Bps 9.64% 92 Bps Other Income 55 19 189.5% 26 119.
Slide 16: Annual Financial Performance
ANNUAL FINANCIAL PERFORMANCE Particulars (INR Mn) FY24 FY23 Y-o-Y Operational Income 14,196 15,388 (7.7)% Expenses 13,034 14,362 (9.2)% EBITDA 1,162 1,026 13.3% EBITDA Margins (%) 8.19% 6.67% 152 Bps Other Income 89 14 535.7% Depreciation 355 261 36.0% Interest 389 315 23.5% Profit before share of p
Slide 17: Historical Financials
HISTORICAL FINANCIALS EPACK Durable Limited –
Slide 18: Historical Consolidated Income Statement
HISTORICAL CONSOLIDATED INCOME STATEMENT Particulars (INR Mn) FY21 FY22 FY23 FY24 Operational Revenue 7,362 9,242 15,388 14,196 Total Expenses 6,942 8,554 14,362 13,034 EBITDA 420 688 1,026 1,162 EBITDA Margin (%) 5.71% 7.44% 6.67% 8.19% Depreciation And Amortisation 90 163 261 355 Finance Costs 256
Slide 19: Historical Consolidated Balance Sheet
HISTORICAL CONSOLIDATED BALANCE SHEET Particulars (INR Mn) FY21 FY22 FY23 FY24 Particulars (INR Mn) FY21 FY22 FY23 FY24 Equity 689 1,219 3,136 8,922 Non-current Assets 1,189 3,498 5,935 7,673 A) Property, Plant And Equipment 810 2,379 3,235 5,362 Equity Share Capital 482 521 521 958 B) Capital Work-
Slide 20: Financial Performance
FINANCIAL PERFORMANCE RESTATED PROFIT FOR THE YEAR & PAT MARGIN REVENUE FROM OPERATIONS (INR MN) EBITDA & EBITDA MARGIN (INR MN) (INR MN) 1,162 354 1,025 320 15,388 14,196 688 9,242 174 7,362 420 1.9% 2.1% 2.5% 8.2% 78 7.4% 6.7% 5.7% 1.1% FY 21 FY 22 FY 23 FY 24 FY 21 FY 22 FY 23 FY 24 FY 21 FY 22 F
Slide 21: Capital Market Slide
CAPITAL MARKET SLIDE SHARE PRICE PERFORMANCE 10% 0% -10% -20% -30% Jan-24 Feb-24 Mar-24 Sensex Epack SHAREHOLDING PATTERN AS ON 31ST MARCH, 2024 MARKET DATA (INR) AS ON 31ST MARCH, 2024 Face Value 10.0 CMP 151.5 Public 33% 52 Week H/L 225.0/ 151.0 Promoters 48% Market Cap (INR Mn) 14,508.7 FPI Share
Slide 22: Disclaimer
DISCLAIMER EPACK Durable Limited No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events n
Slide 23: Thank You
THANK YOU www.epackdurable.com EPACK Durable Limited –