Slide 1: Investor Presentation cover letter to stock exchanges
--~ . . . .® . .epl LEADING TIE PACK , j1,1~rrtl" f}(\J 1• February 13, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C/1, Block G, Dalal Street, Mumbai - 400001 Bandra-Kurla Complex, Bandra (E), Mumbai - 400051 Scrip Code: 500135 Trading Symbol
Slide 2: EPL Limited Q3FY26 Earnings Presentation
® •epl LEAOl m PACK •c,CJ'~ ' t EPL LIMITED (Formerly known as Essel Propack Limited) Q3FY26 Earnings Presentation ~ PLATINUM ecovadis Sustainability Rating AUG 2025
Slide 3: Safe Harbour
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 cause actual results to differ materially from those in such f
Slide 4: Key topics
Key topics • Q3FY26 Highlights and Financial Performance • Update on Key Initiatives • Growth Drivers • Sustainability: Product, Process, People • Awards and Recognition • Looking Ahead • Appendix EPL Limited Q3FY26 Earnings Presentation 3
Slide 5: Q3FY26: Strong Quarter with 13.3% Revenue Growth and EBITDA Margin at 20.1%
® epl LEADING THE PACK Q3FY26: Strong Quarter with 13.3% Revenue Growth and EBITDA Margin at 20.1% • 1 Strong revenue growth of 13.3% with 3 out of 4 regions delivering double digit growth. • 2 Robust B&C growth of 26.2% marking four consecutive quarters of 20%+ growth. All regions deliver high doub
Slide 6: Q3FY26 Consolidated Financial Highlights
Q3FY26 Consolidated Financial Highlights (INR million) Revenue from Operations EBITDA and EBITDA Margins1 EBIT and EBIT Margins 11,488 20.3% 20.1% 11.8% 11.7% 10,143 13.3% 2,062 2,308 1,199 1,340 11.9% 11.8% Q3FY25 Q3FY26 Q3FY25 Q3FY26 Q3FY25 Q3FY26 PAT and EPS (adjusted)* Net Debt and Net Debt/ LTM
Slide 7: Key Growth and Capital Efficiency KPIs
Key Growth and Capital Efficiency KPIs (INR million) Q3FY25 Q3FY26 Growth Revenue 10,143 11,488 13.3% Growth EBITDA 2,062 2,308 c:> 11.9% Adjusted EPS (INR) 2.93 2.93 c:> -0.2% As of Dec 24 As of Dec 25 ROCE 16.9% 18.7% Capital Efficiency Net Debt 5,803 6,028 YTDFY25 YTDFY26 Capex 2,306 3,272 EPL Li
Slide 8: Consolidated Adjusted PAT walk
Consolidated Adjusted PAT walk (INR million) Adjustments Q3FY25 Q3FY26 Growth PAT Excluding Exceptional Items* 935 937 0.2% • On account of changes in Labour codes.** -53 • Closure of a Manufacturing unit in China. -67 Reported PAT 935 817 -12.6% *PAT grew by 11% excluding the one off benefit in the
Slide 9: 20%+ margin in last 6 quarters, 500bps margin expansion over the last 15 quarters
20%+ margin in last 6 quarters, 500bps margin expansion over the last 15 quarters EBITDA: 7,143Mn EBITDA: 7,092Mn _____.1L EBITDA: 5,991Mn EBITDA: 8,396Mn Margin: 16.2% Margin: 18.2% Margin: 19.9% :•.J Margin: 20.5% - 1...____ 22.0% I 2,516 I 2,308 2,500 21.0% 2,062 2,246 I 2268 2,167 Margins improv
Slide 10: Key topics
Key topics • Q3FY26 Highlights and Financial Performance Quarterly financial performance in the following slides is based on company performance including Brazil operations. • Update on Key Initiatives • Growth Drivers • Sustainability: Product, Process, People • Awards and Recognition • Looking Ahe
Slide 11: Accelerating Growth Momentum
Accelerating Growth Momentum • 1 B&C* Performance: Delivered 26.2% growth this quarter fueled by strong momentum across regions. With continued strategic focus and execution discipline, we remain confident in sustaining double digit growth. • 2 AMESA – Strong B&C growth offsets soft oral demand lead
Slide 12: 'Personal Care & beyond' category contribution stood at 53% in YTDFY26
‘Personal Care & beyond’* category contribution stood at 53% in YTDFY26 ‘Personal Care & beyond’* contribution to Tube Revenue 53% 47% 48% 46% 46% 47% 45% 43% 41% FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 YTDFY26 ‘Personal Care & beyond’* revenue growth higher than Oral Care EPL Limited * ‘Personal Ca
Slide 13: 'Personal Care & beyond' category has grown at ~8% CAGR over the last 11 years
_, @ II o.~~ CD i!:ct z. ~ w ,SI ...~ ~ ~ ‘Personal Care & beyond’ * category has grown at ~8% CAGR* over the last 11 years and continues to be the major growth driver for EPL with 22.9% growth in YTDFY26 ‘Personal Care & beyond’* Revenue (INR million) Growth 22.9% YoY *a: ~ 3 ~ ~ 17,123 15,947 17,2
Slide 14: Established Global Leadership in Oral Care
Established Global Leadership in Oral Care with revenue growth at a CAGR of~ 4.0% Growth Oral Care Revenue (INR million) 1.1% Y-o-Y 18,300 19,212 20,366 12,748 16,720 15,304 11,764 12,748 13,809 FY15 FY17 FY20 FY21 FY22 FY23 FY24 FY25 YTDFY26 Customers Market Positioning 1. Market leader across key
Slide 15: Strengthening market position through innovation-led business expansion
Strengthening market position through innovation-led business expansion Soft touch by silicone decoration Rotating ON-OFF Cap Reusable Silicone Cap Massage Applicator Differentiated applicators Space EPL Limited Triangular Slide Cap Q3FY26 Earnings Presentation Square Cap Metallic Pump Caps capsule
Slide 16: Sustainability: Scaling Up Recyclable Volumes with continuous improvement
Sustainability: Scaling Up Recyclable Volumes with continuous improvement Product Sustainability I Process Sustainability Platina set as a benchmark for sustainable solutions, EPL has been awarded the EcoVadis Platinum Rating, placing us among certified through APR and CIPET. I the top 1% of com
Slide 17: People Sustainability: Embracing Corporate Social Responsibility
People Sustainability: Embracing Corporate Social Responsibility Our CSR vision is in alignment with the overall EPL ambition of becoming the most sustainable packaging company in the world. All CSR programs are a step further towards achieving 7 select UN’s Sustainable Development Goals (SDGs) and
Slide 18: Key topics
Key topics • Q3FY26 Highlights and Financial Performance Quarterly financial performance in the following slides is based on company performance including Brazil operations. • Update on Key Initiatives • Growth Drivers • Sustainability: Product, Process, People • Awards and Recognition • Looking Ahe
Slide 19: Award: EPL Limited is now Ecovadis Platinum certified
Award: EPL Limited is now Ecovadis Platinum certified! ~ Places us among the top 1% of over 150,000 companies assessed globally for sustainability performance. PLATINUM Only Indian Packaging company from India to achieve the same ecovadis Sustainability Rating Reinforces the Company’s vision to be t
Slide 20: Awards: EPL is certified as Great Place to Work
Awards: EPL is certified in 7 countries as “Great Place to Work” for FY 25-26 India Poland Egypt Philippines Columbia China Brazil Great Great Great Great Great Great Great Place Place Place Place Place Place Place To To To To To To To Work® Work® Work® Work® Work® Work™ Work® Certified Certified Ce
Slide 21: Awards: Celebrating Excellence in Sustainability and our Innovative Solutions
Awards: Celebrating Excellence in Sustainability and our Innovative Solutions Award Level: Excellence IF Recognized among the top ~2% of Won the excellence award at CII Sustainable Packaging Awards 2025 Won Bronze at Pure Beauty Honored at IFCA awards 2025 for companies globally on the CDP Climate &
Slide 22: Key topics
Key topics • Q3FY26 Highlights and Financial Performance Quarterly financial performance in the following slides is based on company performance including Brazil operations. • Update on Key Initiatives • Growth Drivers • Sustainability: Product, Process, People • Awards and Recognition • Looking Ahe
Slide 23: Looking Ahead: Scale, Profitability and Capital Efficiency
Looking Ahead: Scale, Profitability and Capital Efficiency • Aggressive B&C Play • Consistent margin improvement Targets & • Brazil scale up • Robust Capital Deployment model Initiatives • Geographical Expansion with Thailand • Operational Efficiencies in NWC and asset utilization • M&A Driven by Su
Slide 24: Key topics
Key topics • Q3FY26 Highlights and Financial Performance Quarterly financial performance in the following slides is based on company performance including Brazil operations. • Update on Key Initiatives • Growth Drivers • Sustainability: Product, Process, People • Awards and Recognition • Looking Ahe
Slide 25: Q3FY26 Performance – AMESA and EAP
Q3FY26 Performance – AMESA and EAP (INR million) AMESA India revenue growth of 8.7% and Particulars Q3FY25 Q3FY26 % change India margin for Q3 FY26 is at 18.5% Revenue 3,535 3,877 9.7% (Q3 FY25 at 17.0%) with growth of 18% vs PY. EBITDA 625 737 17.9% EBITDA % 17.7% 19.0% EBIT 341 439 28.7% EBIT % 9.
Slide 26: Q3FY26 Performance – Americas and Europe
Q3FY26 Performance – Americas and Europe (INR million) Americas Particulars Q3FY25 Q3FY26 % change Revenue 2,713 3,229 19.0% EBITDA 532 659 23.9% EBITDA % 19.6% 20.4% EBIT 292 388 32.9% EBIT % 10.8% 12.0% Europe Europe margin declined vs PY due Particulars Q3FY25 Q3FY26 % change to short term operat
Slide 27: Polymer prices comparatively stable in last 4 quarters, aluminum foil marginal increase
Polymer prices comparatively stable in last 4 quarters, aluminum foil witnesses a marginal increase Polymer INR/kg Aluminium Foil INR/kg 160 290 r----------------------1 I I I I I I 140 240 ---------------;-•- -: I 120 --------------------1 I I I I I I I I 190 -- ~ :r-""~ 0;::g:. ~ ~ --=-- - - - - -
Slide 28: About EPL
About EPL (Formerly known as Essel Propack Limited) EPL Limited Q3FY26 Earnings Presentation 27 27
Slide 29: EPL: Company Overview
® I LEADING THE PA~ jt(tf(1(~.1 ,81,1~1" EPL: Company Overview Oral Beauty & Cosmetics Pharma Home Industrial 12 5 Countries with Categories Served* 20 operational presence 5700+ State of the Art Employees Manufacturing Facilities Globally Germany 9bn+ USA Poland 24 Tubes Supplied Nationalities Annu
Slide 30: EPL Caters to Marquee Customers Across Trillion Dollar Categories
EPL Caters to Marquee Customers Across Trillion Dollar Categories Tube revenue split (Q3 FY 26) Others, Pharma 5% , 9% Oral Care, 47% Beauty & Cosmetics, 39% ‘Personal Care & beyond’*, 53% -------------------------------------------------------------------------- tffi❖ki& ~OREAL AVON 1-~ HEALTH • HY
Slide 31: Watch our Corporate Video to Gain Valuable Insights into EPL's Evolution
Watch our Corporate Video to Gain Valuable Insights into EPL’s Evolution and Impact EPL Limited LinkedIn: https://www.linkedin.com/company/epl-limited 30 Q3FY26 Earnings Presentation 30 Youtube: https://youtu.be/xao65I_xtak?si=N5EluuhcZhQucRK-
Slide 32: About EPL
About EPL EPL is the largest global specialty packaging company, manufacturing laminated plastic tubes catering to the FMCG and Pharma space. Employing over 5,700+ people representing over 24+ different nationalities, EPL functions in 12 countries through 20 state of the art facilities, and is conti
Slide 33: Thank You
Thank You Corporate Office EPL LIMITED @Epl_limited Top Floor, Times Tower, Kamala City, Senapati Bapat Marg, Lower Parel, epl-limited Mumbai – 400 013, Maharashtra, India. Telephone: 022 24819000 epl_limited Website: https://www.eplglobal.com CIN:L7495MH1982PLC028947 32