Slide 1: Exchange filing cover letter for investor presentation
November 11, 2024 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: EPL Sub. : Investor Presentation - EPL Limited (“Company”
Slide 2: EPL Limited Q2FY25 Earnings Presentation
EPL LIMITED (Formerly known as Essel Propack Limited) Certified across Q2FY25 Earnings Presentation 6 countries Now in Top 2% 1 1
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 • Q2FY25 Highlights and Financial Performance • Update on Key Initiatives • Growth Drivers • Sustainability: Product, Process, People • Awards and Recognition • Looking Ahead • Appendix EPL Limited Q2FY25 Earnings Presentation 3
Slide 5: Q2FY25 Highlights – Strong revenue growth with 20% EBITDA margin and 72% PAT growth
Q2FY25 Highlights – Strong revenue growth with 20% EBITDA margin and 72% PAT growth 1 Revenue growth at 8.4% led by Europe at 21% and close to double digit growth in Americas and EAP. 2 Continued EBITDA margin improvement with Q2FY25 margin at 20.0%, an expansion of 188 bps YoY. Absolute EBITDA grew
Slide 6: Q2FY25 Consolidated Financial Highlights
Q2FY25 Consolidated Financial Highlights (INR million) Revenue from Operations EBITDA and EBITDA Margins EBIT and EBIT Margins 10,862 18.1% 20.0% 9.7% 12.1% 10,016 8.4% 1,810 2,167 1,315 19.7% 974 35.0% Q2FY24 Q2FY25 Q2FY24 Q2FY25 Q2FY24 Q2FY25 PAT and EPS Net Debt and Net Debt/ LTM EBITDA ROCE 1.58
Slide 7: EPL – Capital Efficient, Sustainable Revenue and EBITDA Growth
EPL – Capital Efficient, Sustainable Revenue and EBITDA Growth (INR million) Q2FY24 Q2FY25 Growth Revenue 10,016 10,862 8.4% Growth EBITDA 1,810 2,167 19.7% EPS (INR) 1.58 2.73 72.8% As of Mar 24 As of Sep 24 ROCE 14.7% 16.5% Capital Efficienc Net Debt 6,026 5,949 y FY24 YTDFY25 Capex 3,746 1,734 EP
Slide 8: 9 quarters of continuous margin improvement; EBITDA margin reached 20% in Q2'25
9 quarters of continuous margin improvement; EBITDA* margin reached 20% in Q2’25 EBITDA: 5,991Mn EBITDA: 7,143Mn EBITDA: 4,088Mn 21.0% Margin: 18.2% Margin: 16.2% Margin: 19.5% 2,500 20.0% 2,167 1,921 1,834 1,909 20.0% 19.0% 1,810 2,000 1,566 1,639 1,590 19.1% 1,530 18.8% 18.0% 18.5% 1,500 1,256 18.
Slide 9: Key topics
Key topics • Q2FY25 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 10: Update on Growth Drivers
Update on Growth Drivers 1 B&C Performance: Strong double-digit growth in the quarter led by momentum in EAP and Americas. We remain optimistic about sustained growth in the category supported by backend and front-end capabilities across regions. Brazil: Strong expansion momentum continues. Added a
Slide 11: Initiatives resulting in robust growth across focus geographies
Initiatives resulting in robust growth across focus geographies Europe Brazil • Leadership changes including the Region President. • Robust pipeline build up with a mix of MNC and local • Manufacturing realignment for better capacity utilization customers and more efficient cost structure • Good com
Slide 12: 'Personal Care & beyond' category contribution stood at 48% in YTDFY25
‘Personal Care & beyond’* category contribution stood at 48% in YTDFY25 ‘Personal Care & beyond’* contribution to Tube Revenue 47% 47% 48% 45% 46% 46% 43% 41% FY18 FY19 FY20 FY21 FY22 FY23 FY24 YTDFY25 ‘Personal Care & beyond’* revenue growth higher than Oral Care EPL Limited * ‘Personal Care and be
Slide 13: 'Personal Care & beyond' category has grown at a 13% CAGR over the last 14 years
‘Personal Care & beyond’ * category has grown at a 13% CAGR over the last 14 years and continues to be the major growth driver for EPL ‘Personal Care & beyond’* Revenue (INR million) Growth 8.2% YoY 15,947 17,242 9,283 11,206 12,852 14,291 2,980 8,254 Sub categories FY11 FY15 FY20 FY21 FY22 FY23 FY2
Slide 14: Established Global Leadership in Oral Care
Established Global Leadership in Oral Care with the segment demonstrating steady long-term revenue growth at a CAGR of 9.0% Oral Care Revenue (INR million) Growth 10% Y-o-Y 16,720 18,300 19,212 12,748 13,809 15,170 9,203 11,764 10,247 5,823 FY11 FY13 FY15 FY17 FY20 FY21 FY22 FY23 FY24 YTDFY25 Custom
Slide 15: Sustained momentum on new business wins through innovation and sustainable offerings
Sustained momentum on new business wins through innovation and sustainable offerings Venturing into cat and dog lice tubes, Platina Conversion: UL Sunscreen New category: Dry Hair Gel Project with stamp foil printing first time in India EPL Limited Q2FY25 Earnings Presentation 14
Slide 16: Sustainability: Scaling Up Recyclable Volumes with Continuous Improvement
Sustainability: Scaling Up Recyclable Volumes with Continuous Improvement Product Sustainability Process Sustainability Platina set as a benchmark for sustainable solutions, Retained our EcoVadis Gold rating, with score advancing from 70 to certified through APR and CIPET. 78, placing us among t
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) Plas
Slide 18: Key topics
Key topics • Q2FY25 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: Awards: Celebrating Excellence in Innovation, People Practices, and CSR
Awards: Celebrating Excellence in Innovation, People Practices, and Corporate Social Responsibility Honored as the “Great Indian ESG Org of the Year” Won “Factory of the Year” Won “CSR Project of the Year” at ESG & Clean Tech Summit Awards 2024 (Nalagarh- India) at Print Week Awards at Print Week Aw
Slide 20: Awards: EPL is certified in 6 countries as Great Place to Work
Awards: EPL is certified in 6 countries as “Great Place to Work” for FY 24-25 India Poland Egypt Philippines Columbia China EPL Limited Q2FY25 Earnings Presentation 19 19
Slide 21: Key topics
Key topics • Q2FY25 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 22: Looking Ahead: Sustain Double Digit Growth with 20%+ margins
Looking Ahead: Sustain Double Digit Growth with 20%+ margins Sustained Double Digit Sustainability led Continued Margin Expansion Revenue Growth Competitive Advantage to deliver 20%+ EBITDA • Strong Product portfolio with • Aggressive ‘Personal Care & • Strategic Price Management backend capability
Slide 23: Key topics
Key topics • Q2FY25 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 24: Q2FY25 Performance – AMESA and EAP
Q2FY25 Performance – AMESA and EAP (INR million) AMESA Particulars Q2FY24 Q2FY25 % change Revenue 3,791 3,931 3.7% EBITDA 754 712 -5.6% • India Standalone revenue growth at 5.0% EBITDA % 19.9% 18.1% • EBITDA Margin at 17.8% (-210 bps YoY)* EBIT 446 440 -1.3% EBIT % 11.8% 11.2% EAP Particulars Q2FY24
Slide 25: Q2FY25 Performance – Americas and Europe
Q2FY25 Performance – Americas and Europe (INR million) Americas Particulars Q2FY24 Q2FY25 % change Revenue 2,519 2,757 9.4% EBITDA 312 496 59.0% EBITDA % 12.4% 18.0% EBIT 91 260 185.7% EBIT % 3.6% 9.4% Europe Particulars Q2FY24 Q2FY25 % change Revenue 2,163 2,617 21.0% EBITDA 213 446 109.4% EBITDA %
Slide 26: Polymer prices comparatively stable in last 4 quarters, aluminum foil marginal change
Polymer prices comparatively stable in last 4 quarters, aluminum foil witnesses a marginal change Polymer INR/kg Aluminium Foil INR/kg 160 290 140 240 120 190 100 140 80 90 60 40 40 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25
Slide 27: About EPL
About EPL (Formerly known as Essel Propack Limited) EPL Limited Q2FY25 Earnings Presentation 26 26
Slide 28: EPL: Company Overview
EPL: Company Overview Oral Beauty & Cosmetics Pharma Home Industrial 11 5 Countries with Categories Served* 21 operational presence 3500+ State of the Art Employees Manufacturing Facilities Germany 8bn+ 25 Globally USA Poland Tubes Supplied Nationalities Annually UK* Represented Europe AMESA 2% of A
Slide 29: EPL Caters to Marquee Customers Across Trillion Dollar Categories
EPL Caters to Marquee Customers Across Trillion Dollar Categories Tube revenue split (Q2 FY 25) Others, Pharma 4% , 10% Oral Beauty & Care, Cosmetics, 52% 34% ‘Personal Care & beyond’*, 48% EPL Limited * ‘Personal Care and beyond’ includes Beauty & Cosmetics, Pharma etc Q2FY25 Earnings Presentation
Slide 30: 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 3,500+ people representing over 25 different nationalities, EPL functions in eleven countries through 21 state of the art facilities, and is co
Slide 31: 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 30