Slide 1: Exchange filing cover letter
February 11, 2025 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 Q3FY25 Earnings Presentation
EPL LIMITED (Formerly known as Essel Propack Limited) Certified across Q3FY25 Earnings Presentation 6 countries Now in Top 2% 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 • Q3FY25 Highlights and Financial Performance • Update on Key Initiatives • Growth Drivers • Sustainability: Product, Process, People • Awards and Recognition • Looking Ahead • Appendix EPL Limited Q3FY25 Earnings Presentation 3
Slide 5: Q3FY25 Highlights – Strong EBITDA margin of 20.3%; Adjusted PAT grew 33.8%
Q3FY25 Highlights – Strong EBTIDA margin of 20.3% (152 bps increase YoY); Adjusted PAT grew by 33.8% 1 Continued EBITDA margin improvement with Q3FY25 margin at 20.3%, an expansion of 152bps YoY. Absolute EBITDA grew by 12.4% YoY and 17.5% YTD growth 2 Revenue growth modest at 4%. High single digit
Slide 6: Q3FY25 Consolidated Financial Highlights
Q3FY25 Consolidated Financial Highlights (INR million) Revenue from Operations EBITDA and EBITDA Margins EBIT and EBIT Margins 18.8% 20.3% 10.2% 11.8% 9,751 10,143 4.0% 1,834 12.4% 2,062 1,199 992 20.9% Q3FY24 Q3FY25 Q3FY24 Q3FY25 Q3FY24 Q3FY25 PAT and EPS (adjusted)* Net Debt and Net Debt/ LTM EBIT
Slide 7: Key Growth and Capital Efficiency KPIs
Key Growth and Capital Efficiency KPIs (INR million) Q3FY24 Q3FY25 Growth Revenue 9,751 10,143 4.0% Growth EBITDA 1,834 2,062 12.4% Adjusted EPS (INR) 2.20 2.93 33.2% As of Mar 24 As of Dec 24 ROCE 14.7% 16.9% Capital Efficiency Net Debt 6,026 5,803 FY24 YTDFY25 Capex 3,746 2,306 EPL Limited Q3FY25
Slide 8: Adjusted PAT walk - one offs
Adjusted PAT walk ‐ one offs (INR million) Adjustments Q3FY24 Q3FY25 Growth Reported PAT 861 935 8.6% One off Tax Refund ‐162 ‐ PAT Excluding Exceptional Items and One offs 699 935 33.8% EPL Limited Q3FY25 Earnings Presentation 7 7
Slide 9: 10 quarters of continuous margin improvement
10 quarters of continuous margin improvement; EBITDA* margin reached 20.3% in Q3’25 EBITDA: 6,150Mn EBITDA: 5,991Mn EBITDA: 7,143Mn 21.0% Margin: 19.8% Margin: 16.2% Margin: 18.2% 20.3% 2,500 20.0% 20.0% 2,062 1,834 1,909 19.1% 19.0% 1,810 2,167 2,000 1,566 1,639 1,590 1,921 1,530 18.8% 18.0% 18.5%
Slide 10: Key topics
Key topics • Q3FY25 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 11: Stepping up Growth Momentum
Stepping up Growth Momentum 1 B&C* Performance: Double digit growth in the quarter led by momentum in Europe and Americas. We remain optimistic about sustained growth in the category supported by backend and front‐end capabilities across regions. 2 Amesa ‐ Growth strategy involves actions as below •
Slide 12: Personal Care & beyond category contribution at 48% in YTDFY25
‘Personal Care & beyond’* category contribution stood at 48% in YTDFY25 ‘Personal Care & beyond’* contribution to Tube Revenue Q3 at 49% 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 C
Slide 13: Personal Care & beyond category has grown at a 13% CAGR
‘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 17,242 13,930 15,947 11,206 12,852 14,291 2,980 8,254 Sub categories FY11 FY15 FY20 FY21 FY22 FY23 FY
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% Growth Oral Care Revenue (INR million) 6.9% Y‐o‐Y 16,720 18,300 19,212 12,748 13,809 15,170 15,145 9,203 11,764 5,823 FY11 FY13 FY15 FY17 FY20 FY21 FY22 FY23 FY24 YTDFY25 Custo
Slide 15: Sustained momentum on new business wins
Sustained momentum on new business wins through innovation and sustainable offerings Goran Pharma‐ Platina tube for Goran Pharma: Platina tube for Plaque Platina Conversion: Loreal Sunscreen “Seven” and Plaque checked checker Project in oval tube EPL Limited Q3FY25 Earnings Presentation 14
Slide 16: Innovation and wins: Neo Seam tubes commercialized in Brazil
Innovation and wins: Neo Seam tubes commercialized in Brazil EPL Limited Q3FY25 Earnings Presentation 15
Slide 17: Sustainability: Scaling Up Recyclable Volumes
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 18: 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 19: Key topics
Key topics • Q3FY25 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 20: Awards: IFCA awards
Awards: Celebrating Excellence in creativity and continuous innovation at the recent IFCA awards Tubes awarded: RTV Silicone developed for Katyaayani Sales, Platina recyclable tube developed with RSH Global EPL Limited Q3FY25 Earnings Presentation 19 19
Slide 21: Awards: Great Place to Work in 6 countries
Awards: EPL is certified in 6 countries as “Great Place to Work” for FY 24‐25 India Poland Egypt Philippines Columbia China EPL Limited Q3FY25 Earnings Presentation 20 20
Slide 22: Key topics
Key topics • Q3FY25 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 23: 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 24: Key topics
Key topics • Q3FY25 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 25: Q3FY25 Performance – AMESA and EAP
Q3FY25 Performance – AMESA and EAP (INR million) AMESA Particulars Q3FY24 Q3FY25 % change Revenue 3,500 3,535 1.0% EBITDA 693 627 ‐9.5% EBITDA % 19.8% 17.7% EBIT 392 341 ‐13.0% EBIT % 11.2% 9.6% EAP Particulars Q3FY24 Q3FY25 % change Revenue 2,524 2,500 ‐1.0% EBITDA 546 530 ‐2.9% EBITDA % 21.6% 21.2
Slide 26: Q3FY25 Performance – Americas and Europe
Q3FY25 Performance – Americas and Europe (INR million) Americas Particulars Q3FY24 Q3FY25 % change Revenue 2,528 2,713 7.3% EBITDA 409 532 30.1% EBITDA % 16.2% 19.6% EBIT 175 292 66.9% EBIT % 6.9% 10.8% Europe Particulars Q3FY24 Q3FY25 % change Revenue 2,076 2,257 8.7% EBITDA 189 415 119.6% EBITDA %
Slide 27: Polymer prices stable, aluminum foil increases
Polymer prices comparatively stable in last 4 quarters, aluminum foil witnesses increase Polymer INR/kg Aluminium Foil INR/kg 160 290 140 240 120 190 100 140 80 90 60 40 40 Q1FY21Q2FY21Q3FY21Q4FY21Q1FY22Q2FY22Q3FY22Q4FY22Q1FY23Q2FY23Q3FY23Q4FY23Q1FY24Q2FY24Q3FY24Q4FY24Q1FY25Q2FY25Q3FY25 Q1FY21Q2FY21
Slide 28: About EPL
About EPL (Formerly known as Essel Propack Limited) EPL Limited Q3FY25 Earnings Presentation 27 27
Slide 29: 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 Globally Germany 8bn+ USA Poland 25 Tubes Supplied Nationalities Annually UK* Represented Europe AMESA 23% of
Slide 30: EPL Caters to Marquee Customers Across Trillion Dollar Categories
EPL Caters to Marquee Customers Across Trillion Dollar Categories Tube revenue split (Q3 FY 25) Others, Pharma 4% , 10% Oral Beauty & Care, Cosmetics, 51% 35% ‘Personal Care & beyond’*, 48% EPL Limited * ‘Personal Care and beyond’ includes Beauty & Cosmetics, Pharma etc Q3FY25 Earnings Presentation
Slide 31: Watch our Latest Video on EPL's Evolution and Impact
Watch our Latest Video to Gain Valuable Insights into EPL’s Evolution and Impact EPL Limited LinkedIn: https://www.linkedin.com/company/epl‐limited 30 Q3FY25 Earnings Presentation 30 Youtube: https://youtu.be/xao65I_xtak?si=N5EluuhcZhQucRK‐
Slide 32: 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 33: 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 32