Engro Polymer & Chemicals Limited · PSX:EPCL
Engro Polymer & Chemicals — Q1 2021 Earnings Presentation
8 slides from Engro Polymer & Chemicals's earnings presentation, 2021
Slide 1: Analyst Briefing – 1Q 2021
ANALYST BRIEFING – 1Q 2021 Evolve I Adapt I Grow
Slide 2: Domestic market overview - PVC
Engro Polymer & Chemicals Limited Domestic market overview - PVC PVC sales increased in the quarter but remained at par with last 5 years market average due to high international PVC prices. EPCL introduced various schemes to support the domestic market Pipes and fittings remains major application o
Slide 3: Think PVC Outlet
Engro Polymer & Chemicals Limited Think PVC Outlet THINK PVC, the first one of its kind retail outlet in Pakistan, was inaugurated on April 12, providing a platform to PVC downstream manufacturers to showcase their products and applications. THINK PVC aims to promote PVC as a material of choice and
Slide 4: Domestic market overview - Caustic
Engro Polymer & Chemicals Limited Domestic market overview - Caustic We estimate that domestic Caustic market declined ~10 -11 % in 1Q 2021 due to rising COVID cases in US and Europe which resulted in slowdown of textile exports. This was also followed by a seasonal decline in soap sector. EPCL mana
Slide 5: International Business Context
Engro Polymer & Chemicals Limited International Business Context International PVC Price USD/Ton 1800 Q1 Q2 Q3 Q4 PVC international prices continued the upward trajectory 1600 in Q1. The upward trend was because of; 1400 1200 ✓ US storm which knocked down 87% PVC supply 1000 800 ✓ A heavy turnaround
Slide 6: Performance vs 1Q 2020
Engro Polymer & Chemicals Limited Performance vs 1Q 2020 PKR million Q1 2021 Q1 2020 Total revenue 15,671 7,058 21.5x higher PAT Profit after tax 4,143 193 vs 1Q 2020 EPS Basic (PKR/Share) 4.56 0.21 EPS Diluted (PKR/Share) 3.42 0.21 ❖ EPCL announced commercial operations of the new PVC plant on 1st
Slide 7: Outlook
Engro Polymer & Chemicals Limited Outlook • PVC prices will continue to be influenced by the supply tightness and freight cost. We expect prices to remain firm in the second quarter as supply slowly recovers and freight costs start to normalize • Ethylene prices are expected to decline due to new na
Slide 8: Thank You
engro THANK YOU
Engro Polymer & Chemicals — Q1 2021 Earnings Presentation on 6ix