Pakka Ltd · NSE:PAKKA
Pakka — Q3 FY2024 Earnings Presentation
24 slides from Pakka's earnings presentation, Feb 7, 2024
Slide 1: Regulation 30 filing cover letter to stock exchanges
7/Govt/SE/2023-24/0044 7th February, 2024 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Department of Corporate Service Plot No. C/1, G Block, Bandra-Kurla Phiroze Jeejeebhoy Towers Complex, Bandra (East), 25th Floor, Dalal Street Mumbai 400 051 Mumbai - 400 001 Tra
Slide 2: Investor Call Q3'24
& PAKKA Packaging with a Soul Investor Call Q3’24
Slide 3: -/-
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Slide 4: Food Packaging Market
FOOD PACKAGING MARKET $362.9 Billion $606.3 Billion In 2022 by 2030 Bakery & Confectionery 37.3% Fruits & Vegetables | Dairy Products | Meat, Poultry & Seafood Sauces, Dressings & Condiments | Others 99.66 Billion Source: Grand View Research
Slide 5: Pakka Products
PAKKA PRODUCTS FOOD PACKAGING FOOD WRAP & CARRY FOOD SERVICE Compostable paper based flexible Asgri-fiber based Compostable moulded pulp based materials materials OPAaKKA
Slide 6: Growth Plan for Scale and Impact
GROWTH PLAN FOR SCALE AND IMPACT Expand Ayodhya Site 180 TPD Bagasse pulp 100 TPD flexible packaging 120 TPD Paper for wrap & carry 20 TPD market pulp/moulded products Turnover Potential- $250m North America Expansion (Guatemala) 250 TPD bagasse pulp 250 TPD flexible packaging 50 TPD moulded product
Slide 7: Slide 7
Slide 8: Key Updates: International Growth
KEY UPDATES INTERNATIONAL GROWTH Basic engineering kick-off complete Land Environmental study initiated US Business leads shortlisted Tie-ups initiated for food service and flexi base materials Equity strategic partnership progress made Operational and project tie up initiated OPAKKA Packaging with
Slide 9: Quarter highlights
Moulded Business turnaround NPD 1 in Domestic with Virgin fiber to PBT of 1.75 Cr. in Q3 commercial launch 22 GSM for wraps Consistently 3°¢ year in row certified by Cll Export volume from 24% to 32% Noteworthy Water Efficient Unit Pulp sale to moulded plant increased by 2% YOY basis QPAKKA Packagin
Slide 10: Production (in MT)
PRODUCTION (IN MT) 5% Growth 21% Growth from YoY in from YoY in Wrap & Carry Moulded 1799 39000 1492 , 7 9M FY23 9M FY24 9M FY23 9M FY24 A Slight decline in Production by 4 % in YoY Q3 - Preventive plant maintenance. y Eee
Slide 11: Revenue
REVENUE 3% Growth from YoY 307 9M FY23 317 9M FY24 Q3FY 24 - 101.62 Cr. v/s Q2FY 24 - 107.26 Cr.
Slide 12: PBT
PBT 9M FY23 1% Growth from YoY 9M FY24 Q3FY 24 - 16.66 Cr. v/s Q2FY24 - 18.35 Cr.
Slide 13: EBIDTA
EBIDTA 7257 2% Growth from YoY 9M FY23 7393 9M FY24 Q3FY24-22.41Cr. v/s Q2FY 24 - 23.94 Cr.
Slide 14: Paper Machine upgrade and power plant orders
Paper Machine # 3Upgrade 7OTPD > 80 TPD Food Wraps and Bag Paper Order Finalized with state of art European machine manufacturer - More than 100 references across globe Paper Machine # 4 > 100 TPD for Flexible Base Techno commercial bidding participation by 4 technological partner I= rn © ar 2s OF 4
Slide 15: Compostables Performance
COMPOSTABLES PERFORMANCE CHUJK eat safe
Slide 16: Revenue (Compostables)
REVENUE Quarterly (® CRORES) Yearly (@ CRORES) A 26% 15.35 in Q3 vs 12.17 in Q2 FY24 Al% 41.59 9 months FY24 vs 38.90 in 9 months FY23 15.35 Q3 FY24 41.59 9 months FY24
Slide 17: PBT (Compostables)
PBT uarter! Qu CRORES) y A 2 P 5 O 1.74 1.74 in Q3 vs -0.76 in Q2 FY24 Q3 CY24 Yearly (@ CRORES) | (0) 70 0.70 in 9 months FY24 vs -4.90 in 9 months FY24 9 months FY23 A AF pelt
Slide 18: Production Capacity Increase
PRODUCTION CAPACITY INCREASE 270mr 100mr 300m heat aa a ity under from Ayodhyaplant = =~—« from new outsourcin ing facilities aise + erseas partners
Slide 19: Initial Work on Regenerative Partnerships Started
INITIAL WORK ON REGENERATIVE PARTNERSHIPS STARTED End to end Carbon offering with End of life accounting complete range solution and sustainability of products reporting ¢PAKKA
Slide 20: Innovation Updates: Cutlery and Beverage Cups
INNOVATION UPDATES Cutlery Ill ’ ( Beverage Cups | Consumer trials successful | Bagasse based; prototype ready — | Launch planned for QIFY25 J | Launch planned for QIFY25
Slide 21: Innovation Updates: Compostable Flexible Packaging
INNOVATION UPDATES Compostable Flexible Packaging iS Ve RES. & mei | Trials for new food products | Commercial success with chocolate product for 12-month shelf life. | Protype ready with high barrier non-metallised structure Patents filled: Flexi - structure Cutlery - design & recipe OPAKKA
Slide 22: Important Update: Pledged shares released
IMPORTANT UPDATE Pledged shares released Packaging with a Soul
Slide 23: Packaging with a Soul
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Slide 24: Disclaimer
Disclaimer This presentation has been prepared by Pakka Limited (the *Company’) and is general background information about the Company's activities and financial result for quarter 8 of financial year 2023-24 at the date of this presentation, The information in this presentation is provided in summ