Epl Limited · NSE:EPL
Epl — Q1 FY2022 Earnings Presentation
37 slides from Epl's earnings presentation, Jul 29, 2021
Slide 1: Exchange filing cover letter
--- •epl LEADING THE PACK 29 July 2021 ! Corporate Service Department j The Listing Department .· ! I BSE Limited I National Stock Exchange of India Ltd I th j 25 Floor, Phiroze Jeejeebhoy Towers, j Exchange Plf1za, Plot no. C/1, G Block, ! I Dalal Street, Mumbai 400 001 l Bandra-Kurfa Complex, Band
Slide 2: EPL Limited Q1FY22 Earnings Presentation
Leading f1tri EPL LIMITED (Formerly known as Essel Propack Limited) Q1FY22 Earnings Presentation 1
Slide 3: Safe Harbour
EPL Limited Q1FY22 Earnings Presentation LEADING THE PACK Safe Harbour Certain statements in this presentation concerning our future growth prospects are forward-looking statements. The Company cautions that, by their nature, forward-looking statements involve risks and uncertainties that could caus
Slide 4: EPL 2.0
EPL 2.0 Market Leading Revenue Growth and Capital Efficient, Consistent Earnings Growth 3 3
Slide 5: EPL - Executive summary Q1FY22
EPL Limited Q1FY22 Earnings Presentation LEADING THE PACK EPL - Executive summary Q1FY22 • 1 Double digit growth of 12.8% pro-forma for shutdown of Russia manufacturing operations and Hand Sanitizer pipeline in Q1FY21. • 2 Delivered sequential margin expansion by 66 bps. • 3 Price increases taken ac
Slide 6: Q1FY22 Consolidated Financial Highlights
EPL Limited Q1FY22 Earnings Presentation LEADING THE PACK Q1FY22 Consolidated Financial Highlights (INR million) Revenue from Operations - - - EBITDA and EBITDA Margins - EBIT and EBIT Margins 19.8% 18.1% 12.0% 10.4% 7,991 887 830 7,415 1,466 1,449 -1.2% -6.4% 7.8% -0.2% Q1FY21 Q1FY22 Q1FY21 Q1FY22
Slide 7: EPL – Capital Efficient, Sustainable Revenue Growth
EPL Limited Q1FY22 Earnings Presentation LEADING THE PACK EPL – Capital Efficient, Sustainable Revenue Growth (INR million) Q1FY21 Q1FY22 Growth Revenue 7,415 7,991 7.8% growth of 12.8% pro- forma for shutdown of Growth1 Adjusted EBITDA 1,506 1,503 C -0.2%) Russia manufacturing operations and Hand S
Slide 8: Raw Material prices remain high and volatile
EPL Limited Q1FY22 Earnings Presentation Raw Material prices remain high and volatile ~5% increase projected Polymer Movement ~10% Foil Movement compared to Q1FY22 reduction projected 2800 1850 compared to Q1FY22 2600 1650 2400 USD/ MT USD/ MT 1450 2200 2000 1250 1800 1050 1600 850 1400 1200 650 Mon
Slide 9: Holistic EBITDA margin improvement plan on track
EPL Limited Q1FY22 Earnings Presentation LEADING THE PACK Holistic EBITDA margin improvement plan on track Holistic EBITDA margin improvement plan for sequential margin expansion is already in place for FY22 through a three-pronged approach: 1 Judicious Price Increases Contractual pass-through in
Slide 10: Continued Focus on Capital Efficiency
EPL Limited Q1FY22 Earnings Presentation LEADING THE PACK Continued Focus on Capital Efficiency Prudent Capex Spend.. - 1,405 FY18 3,040 FY19 - 1,286 FY20 Capital Expenditure (INR million) --------------------------------------------------------------------------------------------------------- + ---
Slide 11: Delivered strong progress across all our identified levers
EPL Limited Q1FY22 Earnings Presentation LEADING THE PACK Delivered strong progress across all our identified levers • Accelerated growth in Personal Care • Continued leadership in Oral Care • Improved Performance in Europe • Industry leadership in eco-friendly solutions 10 10
Slide 12: Personal Care has grown at a 15.7% CAGR Over the Last Ten Years
EPL Limited Q1FY22 Earnings Presentation LEADING THE PACK Personal Care has grown at a 15.7% CAGR Over the Last Ten Years and Continues to be the Major Growth Driver for EPL in FY22 ------------------------------------- Personal Care Revenue (INR million) -----:=.===--- 8,254 15.7% CAGR ~ - - - - ,
Slide 13: Personal Care Contribution stood at 46% in Q1FY22
EPL Limited Q1FY22 Earnings Presentation Personal Care Contribution stood at 46% in Q1FY22 Personal Care Contribution to Tube Revenue ___ ....__..., 46% 46% 45% 43% 41% FY18 FY19 FY20 FY21 Q1FY22 Personal care share held in Q1FY22 and will continue to grow in FY22 12 12
Slide 14: Continued Growth in Personal Care (1/2)
EPL Limited Q1FY22 Earnings Presentation LEADING THE PACK Continued Growth in Personal Care (1/2) (INR million) AMESA EAP 1.3% CAGR ➔ Growth 75.3% Growth 2.3% Y-o-Y* Y-o-Y* 3,821 3,839 3,920 1,255 1,611 1,698 2,581 646 FY19 FY20 FY21 Q1 FY22 FY19 FY20 FY21 Q1FY22 Highlights Highlights Personal Car
Slide 15: Continued Growth in Personal Care (2/2)
EPL Limited Q1FY22 Earnings Presentation Continued Growth in Personal Care (2/2) (INR million) Americas Europe 1S,9%CAGR - -~ 11,3%CAGR Growth -17.6% Y-o-Y* Growth -7.0% 1,277 1,496 1,582 340 ~ I Y-o-Y* I 3,572 4,180 4,794 1,071 I FY19 FY20 FY21 Q1FY22 I FY19 FY20 FY21 Q1 FY22 Highlights Highlights
Slide 16: Delivered strong progress across all our identified levers
EPL Limited Q1FY22 Earnings Presentation LEADING THE PACK Delivered strong progress across all our identified levers • Accelerated growth in Personal Care • Continued leadership in Oral Care • Improved Performance in Europe • Industry leadership in eco-friendly solutions 15 15
Slide 17: EPL Global Leadership in Oral Care
EPL Limited Q1FY22 Earnings Presentation •epl LEADING THE PACK EPL has Established Global Leadership in Oral Care with the Segment Demonstrating Steady Long-Term Revenue Growth at a CAGR of 10.0% Oral Care Revenue (INR million) 10.0%CAGR 15,170 12,748 13,809 11,764 Growth 9,203 16.5% Y-o-Y 5,823 3,9
Slide 18: Delivered strong progress across all our identified levers
EPL Limited Q1FY22 Earnings Presentation LEADING THE PACK Delivered strong progress across all our identified levers • Accelerated growth in Personal Care • Continued leadership in Oral Care • Improved Performance in Europe • Industry leadership in eco-friendly solutions 17 17
Slide 19: Strong growth in Oral Care in Europe strengthens the portfolio
EPL Limited Q1FY22 Earnings Presentation LEADING THE PACK Strong growth in Oral Care in Europe strengthens the portfolio Europe Revenue (INR million) 8,000 7,686 6,771 5,852 6,000 5,096 --- Growth Y-o-Y * 4,000 -0.1% --- Total 1,784 18.3% Oral Care 2,000 61% 62% 64% 65% 61% -7.0% Personal Care 0 L__
Slide 20: Leading to Strong EBITDA Growth and Margin Improvement
EPL Limited Q1FY22 Earnings Presentation Leading to Strong EBITDA Growth and Margin Improvement Europe EBITDA1 (INR million) 12.8% 14.8% -- · -- - - - - - -..-=----...:::..:- - - --- -· 13.1% 15.0% 1,000 • -------- --- - - - - 10.0% 10.3% - -- -- -- --- 1,137 10.0% 866 500 603 511 5.0% 0 I 233 I 0.0
Slide 21: Delivered strong progress across all our identified levers
EPL Limited Q1FY22 Earnings Presentation LEADING THE PACK Delivered strong progress across all our identified levers • Accelerated growth in Personal Care • Continued leadership in Oral Care • Improved Performance in Europe • Industry leadership in eco-friendly solutions 20 20
Slide 22: Sustainability: An Intrinsic Value at EPL
EPL Limited Q1FY22 Earnings Presentation Sustainability: An Intrinsic Value at EPL Platina laminated tubes fully recyclable in HDPE bottle stream Recognized and certified by APR / RecyClass / Cyclos Widest thickness range of tubes offering: 220u – 350u Designed to incorporate > 50% Green “Sust
Slide 23: Sustainability: Leading the Pack
EPL Limited Q1FY22 Earnings Presentation LEADING THE PACK Sustainability : “Leading the Pack” Platina Pro - Next gen sustainable Etain tubes with Post Consumer Recycled Building a portfolio through laminated tubes (PCR) resin content industry-leading pipeline Fully recyclable tubes in HDPE bottle
Slide 24: Platina Success Story with HELA
EPL Limited Q1FY22 Earnings Presentation •epl LEADING THE PACK Platina Success Story with HELA Key Customer Challenges EPL Offered A Better Product Impact Hela’s customer requirements on EPL’s Platina Pro solution allows Partnered to sustainability Hela to pack challenging material Technical create
Slide 25: Corporate Social Responsibility
EPL Limited Q1FY22 Earnings Presentation Corporate Social Responsibility Focus area: Our Vision: Greening Lives ,JI Greening EPL’s Strategy will focus on Sustainability and Sustainable lives Development with core values of Prosperity, Balance & Harmony, Green communities: Vitality, Regeneration & Re
Slide 26: Looking Ahead: FY22
EPL Limited Q1FY22 Earnings Presentation LEADING THE PACK Looking Ahead: FY22 • 1 Committed to deliver double digit revenue growth for second consecutive year. • Robust pipeline to fuel future growth • 2 Quarter-on-Quarter improvement in EBITDA margin through: • Judicious price increases • Cost prod
Slide 27: Appendix
EPL Limited Q1FY22 Earnings Presentation Appendix 26 26
Slide 28: Q1FY22: Adjusted EBITDA
EPL Limited Q1FY22 Earnings Presentation LEADING THE PACK Q1FY22: Adjusted EBITDA (INR million) Adjustments EBITDA PAT1 Reported Q1FY22 numbers 1,449 579 • TSA2 related expenses +40 +30 • One time acquisition related costs +3 +3 • China Tax refund - -20 • ESOP related cost +11 +11 Adjusted Q1FY22 nu
Slide 29: Q1 FY22 Regional Performance – 1/2
EPL Limited Q1FY22 Earnings Presentation LEADING THE PACK Q1 FY22 Regional Performance – 1/2 Revenue Split % EBIT Split % EUROPE, EUROPE, 21% 11% AMESA, 34% AMERICA AMESA, S, 14% 36% AMERICAS , 20% EAP, 25% EAP, 39% • The revenue grew by 7.8% Y-o-Y, majorly driven by AMESA and AMERICAS. • Strong bus
Slide 30: Q1FY22 Regional Performance – 2/2
EPL Limited Q1FY22 Earnings Presentation LEADING THE PACK Q1FY22 Regional Performance – 2/2 (INR million) Revenue YoY Growth EBITDA1 Margin AMESA 2,819 28.5% 613 21.8% EAP 2,060 2.0% 465 22.6% Americas 1,639 8.8% 233 14.2% Europe 1,784 -9.8% 233 13.1% (1) EBITDA is adjusted for ESOP cost for all the
Slide 31: Q1FY22 Performance – AMESA and EAP
EPL Limited Q1FY22 Earnings Presentation LEADING THE PACK Q1FY22 Performance – AMESA and EAP (INR million) AMESA Particulars Q1FY22 Q1FY21 % change Revenue 2,819 2,193 28.5% EBITDA 613 441 39.1% EBITDA % 21.8% 20.1% EBIT 351 200 75.7% EBIT % 12.5% 9.1% EAP Particulars Q1FY22 Q1FY21 % change Revenue
Slide 32: Q1FY22 Performance – Americas and Europe
EPL Limited Q1FY22 Earnings Presentation LEADING THE PACK Q1FY22 Performance – Americas and Europe (INR million) Americas Particulars Q1FY22 Q1FY21 % change Revenue 1,639 1507 8.8% EBITDA 233 256 -9.1% EBITDA % 14.2% 17.0% EBIT 124 154 -19.7% EBIT % 7.5% 10.2% Europe Particulars Q1FY22 Q1FY21 % chan
Slide 33: About EPL
EPL Limited Q1FY22 Earnings Presentation LEADING THE PACK About EPL (Formerly known as Essel Propack Limited) 32 32
Slide 34: EPL: Company Overview
EPL Limited Q1FY22 Earnings Presentation LEADING THE PACK EPL: Company Overview Largest Global Leader in Growing Strong laminated tubes Oral Care emergence in relationships manufacturer Personal Care with marquee FMCG customers ~8 bn Tubes #1 Globally 46% 20+ years contribution Best in class Best in
Slide 35: EPL Caters to Marquee Customers Across Trillion Dollar Categories
EPL Limited Q1FY22 Earnings Presentation EPL Caters to Marquee Customers Across Trillion Dollar Categories Tube revenue split (Q1FY22) Personal Care, 46% 5% 9% Others Pharma 54% 32% Oral Beauty & Care Cosmetics 34 34 34
Slide 36: About EPL
EPL Limited Q1FY22 Earnings Presentation About EPL EPL is the largest global specialty packaging company, manufacturing laminated plastic tubes catering to the FMCG and Pharma space. Employing over 3,366 people representing over 25 different nationalities, EPL functions in nine countries through 20
Slide 37: Thank you
Thank you /esselofficial /company/essel-propack-limited /essel_propack EPL LIMITED (Formerly known as Essel Propack Limited) Top Floor, Times Tower, Kamala City Senapati Bapat Marg, Lower Parel Mumbai - 400 013, India 36