Engro Polymer & Chemicals Limited · PSX:EPCL
Engro Polymer & Chemicals — Q1 2025 Earnings Presentation
18 slides from Engro Polymer & Chemicals's earnings presentation, Apr 21, 2025
Slide 1: Analyst Briefing Invitation Letter to PSX
April 21, 2025 General Manager Operations The Pakistan Stock Exchange Limited, Karachi. Fax: (021) – 32462640 Dear Sir/ Madam, Subject: Analyst Briefing – Q1 2025 Engro Polymer & Chemicals Limited is holding an analyst briefing to discuss the financial results for the period ended March 31, 2025. In th
Slide 2: Analyst Briefing – Q1 2025
— : engro polymer & chemicals Analyst Briefing — Q1 2025
Slide 3: Important Disclaimer
Engro Polymer & Chemicals Limited Important Disclaimer THIS PRESENTATION IS NOT AN OFFER OR SOLICITATION OF AN OFFER TO BUY OR SELL ANY SECURITIES OR ANY INVESTMENT This presentation has been prepared by Engro Polymers and Chemicals Limited (“EPCL”) solely for information purposes. No representation
Slide 4: Agenda
Agenda 1 Key Highlights 2 Key Drivers 3 Business Updates 4 Looking Forward 5 Q&A www.engro.com
Slide 5: Key Highlights
Engro Polymer & Chemicals Limited Key Highlights Back www.engro.com
Slide 6: Key Highlights
Engro Polymer and Chemicals Limited Key Highlights Financial Highlights Revenue Profitability LPS PKR 17.9 Bn PKR (0.8) Bn PKR (0.9) 8% vs LY 9% vs LY 25% vs LY Scale Market Total Total Capitalization Employees Assets PKR 34.6 Bn 540 PKR 105 Bn 5
Slide 7: Key Drivers
Engro Polymer & Chemicals Limited Key Drivers Back
Slide 8: Key Drivers: International PVC Prices
Engro Polymer and Chemicals Limited Key Drivers International PVC Prices Highlights (USD / MT) ▪ Construction demand remained weak in major economies. In the US, housing permits have declined for three-straight months. In China, PVC market 948 continued to face a property market downturn and rising
Slide 9: Key Drivers: Gas Cost
Engro Polymer and Chemicals Limited Key Drivers Gas Cost (PKR / MMBtu) Highlights 4,291 ▪ Captive gas price has increased to PKR 3,500 / MMBtu plus levy of PKR 791 / MMBtu (PKR 4,291 / MMBtu) effective March 2025 3,505 ▪ Rate of levy increase as notified is increase of 10% by July 25, 15% by 3,118 3
Slide 10: Business Updates
Engro Polymer & Chemicals Limited Business Updates Back
Slide 11: Segment Wise Performance
Engro Polymer & Chemicals Limited Segment Wise Performance PKR Mn Q1 2025 Q1 2024 Production Revenue Revenue Production Chlor-Alkali, Chlor-Alkali 61 22% 20% 25 39 17 Poly Vinyl Chloride, Poly Vinyl 78% Chloride Q1'25 (A) Q1'24 (A) Q1'25 (A) Q1'24 (A) 80% PVC CSL PAT PAT VCM Production 710 595 64 41
Slide 12: Business Update – Poly Vinyl Chloride (PVC)
Engro Polymer and Chemicals Limited Business Update – Poly Vinyl Chloride (PVC) Poly Vinyl Chloride Sales Volumes (kT) Highlights ▪ PVC domestic market has grown by 23% YoY, leading to higher domestic sales by the Company as well as high import influx due to consistently low international prices ▪ I
Slide 13: Business Update – Chlor-Alkali
Engro Polymer and Chemicals Limited Business Update – Chlor-Alkali Highlights ▪ Q1 2025 witnessed an increase in caustic prices, as tight supply conditions early in the quarter lent support to the market before moving to a balanced state towards the end of the quarter ▪ An increase in supply is expe
Slide 14: Consolidated Performance – Q1 2025 vs Q1 2024
Engro Polymer & Chemicals Limited Consolidated Performance – Q1 2025 vs Q1 2024 PKR Bn Revenue EBITDA PAT 8% YoY 7% YoY 9% YoY Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2023 2024 2025 2023 2024 2025 2023 2024 2025 16 3 21 3.6 25 8 20 2.6 22 1.6 18 6 2.1 3 1.1 2 -0.9 -0.8 18 17 18 4 2 -0.7 1 2 -0.7 Revenue
Slide 15: Looking Forward
Engro Polymer & Chemicals Limited Looking Forward Back
Slide 16: Looking Forward
Engro Polymer & Chemicals Limited Looking Forward Key Areas Outlook • The Company commissioned its Hydrogen Peroxide plant in February 2025 and HTDC in March 2025. Operations are Projects stabilized and sales commissioned as planned • Key focus on ensuring safe and sustainable operations Safety • Ma
Slide 17: Q&A
Engro Polymer & Chemicals Limited Q&A Back
Slide 18: Thank You
engro THANK YOU
Engro Polymer & Chemicals — Q1 2025 Earnings Presentation on 6ix