Slide 1: Exchange cover letter for investor presentation
To To Listing Department Listing Department BSE Limited (“BSE”) National Stock Exchange of India Limited Department of Corporate Services (“NSE”) Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalal Street, Mumbai – 400 001 Bandra Kurla Complex Bandra (E), Mumbai – 400 051 Scrip Code: 544095
Slide 2: EPACK Durable Reports Strong Bottomline Growth in Q3-FY24
Media Release EPACK DURABLE LIMITED REPORTS STRONG BOTTOMLINE GROWTH IN Q3-FY24 WITH EBITDA GROWTH OF OVER 400% YOY February 15th 2024: EPACK Durable Limited {BSE: 544095 & NSE: EPACK }, India’s leading room air conditioner and other small domestic appliances original design manufacturer announces i
Slide 3: Media Release (continued)
Media Release With our continued focus on growth while improving profitability, we are confident of delivering sustained superior performance over the coming quarters.” Financial Statements: Results for the quarter ended December 31, 2023, prepared under Ind AS, along with segment results, are avail
Slide 4: EPACK Durable Limited Q3/9M-FY24
EPACK Durable Limited Q3/9M-FY24 Earnings Presentation www.epackdurable.com
Slide 5: Overview of EPACK Durable Limited
Overview of EPACK Durable Limited
Slide 6: EPACK Durable Limited | An Overview
EPACK Durable Limited | An Overview Highest Amount RAC, SDA & 24% of Backward Integration Components Cost Efficient Focused Manufacturing Market Share1 for RACs at a single Diversified Product Operations location2 Portfolio One of Initial One of Initial 3 3 R&D Centres RAC ODM RAC ODM Manufacturing
Slide 7: Our Journey
Our Journey Commenced Sheet metal Copper tubing Induction cooktop Heat exchanger manufacturing of Bhiwadi Sri City Mixer grinder press shop fabrication manufacturing manufacturing 5 mm heat manufacturing CFF manufacturing manufacturing facility manufacturing exchangers facility 2003 2008 2010 2011 2
Slide 8: Experienced Promoters Supported by Strong Board of Directors (1/2)
Experienced Promoters Supported by Strong Board of Directors (1/2) Ajay DD Singhania Sanjay Singhania Bajrang Bothra Managing Director & Chief Whole-Time Director Chairman & Whole-time Director Executive Officer • ~24 years of experience in the Electronics • ~27 years of experience in the Electronic
Slide 9: Experienced Promoters Supported by Strong Board of Directors (2/2)
Experienced Promoters Supported by Strong Board of Directors (2/2) Kailash Jain Krishnamachari Narasimhachari Independent Director Independent Director • ~37 years of experience in the civil services & • ~39 years of experience in the banking sector administration sector • PGDHRM3, M.Com4 & B.Com5 •
Slide 10: Management Team with Proven Track Record of Performance
Management Team with Proven Track Record of Performance Mohammad Lateef Arun Sharma Nandkishor Khandelwal Rajesh Kumar Mittal Choudhary Vice President – Research Vice President -Supply Chief Financial Officer President – Manufacturing & Operations & Development Chain Management • Associate of ICAI1
Slide 11: Our Presence
Our Presence Registered Office : 61-B, Udyog Vihar, Surajpur, Kasna Road, Greater Noida, Gautam Buddha Nagar, Uttar Pradesh - 201306 Corporate Office : TR - 901, AltF 142 Noida, 9th floor, Plot Number 21 & 21A, Sector 142, Noida 201 304 Uttar Pradesh, India Location 1 : C-5, C-6, C-7 & B-1 , UPSIDC
Slide 12: Our Product Portfolio (1/2)
Our Product Portfolio (1/2) Room Air Conditioners Small Domestic Appliances Indoor Unit (IDU) Outdoor Unit (ODU) Induction Cooktop Mixer Grinder Window Air Conditioner (WAC) Domestic Air Cooler Water Dispenser Inverter/Fixed Speed 9
Slide 13: Our Product Portfolio (2/2)
Our Product Portfolio (2/2) In-house components manufacturing of a number of components required for the manufacturing of products Highest amount of backward integration for RACs at a single Heat Exchanger Sheet Metal Press Parts Injection Moulded Components location, that has been grown within the
Slide 14: Long-Standing Relationships with Established Customers
Long-Standing Relationships with Established Customers 11
Slide 15: Business Strengths
Business Strengths Long-Standing Relationships with Established Customers, with Potential to Expand the Customer Base Among the Key Manufacturers in Fast-Growing RAC & SDA Manufacturing Industries Advanced Vertically Integrated Manufacturing Operations with Product Portfolio Aimed at Capturing the F
Slide 16: Advanced Vertically Integrated Manufacturing Operations
Advanced Vertically Integrated Manufacturing Operations with Product Portfolio Aimed at Capturing the Full Spectrum of the RAC & SDA Value Chain Dehradun Bhiwadi Sri City Location (Uttarakhand) (Rajasthan) (Andhra Pradesh) Component Manufacturing Capability Installed Capacity3 Injection Moulded Comp
Slide 17: Q3/9M-FY24 Performance
-- o { oO Q3/9M-FY24 Performance ) ~
Slide 18: Financial Highlights
Financial Highlights Q3-FY24 Performance 9M-FY24 Performance INR 2,791 Mn INR 237 Mn 8.49% INR 8,939 Mn INR 606 Mn 6.78% Operating Income Operating EBITDA EBITDA Margins Operating Income Operating EBITDA EBITDA Margins +1% YoY +439% YoY +689 Bps YoY -1% YoY +56% YoY +247 Bps YoY INR 49 Mn 1.76% INR
Slide 19: Quarterly Financial Performance
Quarterly Financial Performance Particulars (INR Mn) Q3-FY24 Q3-FY23 Y-o-Y Operational Income 2,791 2,756 1.3% Expenses 2,554 2,712 (5.8)% EBITDA 237 44 NA EBITDA Margins (%) 8.49% 1.60% 689 Bps Other Income 19 3 NA Depreciation 89 63 41.3% Interest 97 67 44.8% Profit before share of profit /(loss)
Slide 20: YTD Financial Performance
YTD Financial Performance Particulars (INR Mn) 9M-FY24 9M-FY23 Y-o-Y Operational Income 8,939 8,998 (0.7)% Expenses 8,333 8,610 (3.2)% EBITDA 606 388 56.2% EBITDA Margins (%) 6.78% 4.31% 247 Bps Other Income 34 10 NA Depreciation 249 190 31.1% Interest 276 222 24.3% Profit before share of profit /(l
Slide 21: Historical Financials
Historical Financials
Slide 22: Financial Performance
Financial Performance Revenue From Operations1 EBITDA2 & EBITDA Margin3 Restated Profit for the year4 & PAT Margin5 INR Mn INR Mn INR Mn 1,025 15,388 320 688 9,242 8,998 8,939 606 174 7,362 420 388 2.08% 78 1.89% 75 7.44% 6.78% 6.66% 5.71% 1.06% 4.31% 0.84% 10 10 FY 21 FY 22 FY 23 9M-FY23 9M FY24 FY
Slide 23: Disclaimer
Disclaimer EPACK Durable Limited No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events n
Slide 24: Thank You
Thank You www.epackdurable.com
Slide 25: Glossary
Glossary AC Air Conditioner INR Indian Rupee APAC Asia Pacific ISO International Organization for Standardization BA Bachlor of Arts JV Joint Venture BBM Bachelor in Business Management LCD Liquid Crystal Display B.Com Bachelor of Commerce LED Light Emitting Diode B.Tech Bachelor of Technology LLB B