Slide 1: Stock exchange cover letter for investor presentation
,. .. .... -.epl I 26 July 2022 LEADING THE PACK , ,£;(9 . ~ /itfl{l 1 ~{1!1 r-c\;·;:j;;:;;:~ie··s·e·~·;·i~~·ue·;;·a·~i;~~~i···· . · · ·. . ·. . . ........ ..... 1.. f h~··ij~ii~g··o~p~;:i;;;-e·;~i·· ····· ·········· . · · ···· · . ....... . . ........l : BSE Limited : National Stock Exchange of Ind
Slide 2: EPL Limited Q1 FY23 Earnings Presentation
Leading f1tti. EPL LIMITED (Formerly known as Essel Propack Limited) Q1 FY23 Earnings Presentation 1
Slide 3: Safe Harbour
EPL Limited Q1FY23 Earnings Presentation 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
Slide 4: Agenda
EPL Limited Q1FY23 Earnings Presentation • Q1 FY23 Highlights and Financial Performance • Costs and Comprehensive Margin Improvement Plan • Progress on Sustainability • Looking Ahead • Appendix 3 3
Slide 5: Q1 FY23 Highlights - Strong double digit revenue growth across all regions except EAP
EPL Limited Q1FY23 Earnings Presentation Q1 FY23 Highlights - Strong double digit revenue growth across all regions except EAP • 1 Strong double digit revenue growth across all regions except EAP, which was impacted by Covid lockdowns. Revenue growth excluding EAP at 11.4% • 2 EBITDA margin @ 15.1%,
Slide 6: Q1 FY23 Consolidated Financial Highlights
EPL Limited Q1FY23 Earnings Presentation Q1 FY23 Consolidated Financial Highlights (INR million) Revenue from Operations EBITDA and EBITDA Margins EBIT and EBIT Margins 7,991 4.1% 8,318 18.1% 15.1% D 10.4% 830 7.3% 1,449 1,256 604 -13.3% -27.2% Excl. EAP +11.4% -11.1% Q1FY22 Q1FY23 Q1FY22 Q1FY23 Q1F
Slide 7: EPL – Capital Efficient, Sustainable Revenue Growth
EPL Limited Q1FY23 Earnings Presentation EPL – Capital Efficient, Sustainable Revenue Growth (INR million) Q1FY22 Q1FY23 Growth Excl. EAP Revenue 7,991 8,318 4.1% +11.4% Growth1 Adjusted EBITDA 1,503 1,336 C ) -11.1% Adjusted EPS (INR) 1.91 1.31 C ) -31.2% -------------------------------------------
Slide 8: Agenda
EPL Limited Q1FY23 Earnings Presentation • Q1 FY23 Highlights and Financial Performance • Costs and Comprehensive Margin Improvement Plan • Progress on Sustainability • Looking Ahead • Appendix 7 7
Slide 9: Raw Material prices and other input costs remained high in Q1
EPL Limited Q1FY23 Earnings Presentation Raw Material prices and other input costs remained high in Q1, but RM prices started to temper towards end of quarter Polymer Movement Foil Movement 1850 ----, I I 3700 ----, I I I I I 1650 I 3200 I I I USD/ MT USD/ MT 1450 I 2700 I 1250 2200 1050 1700 850 65
Slide 10: Comprehensive plan in place to control and recover costs
EPL Limited Q1FY23 Earnings Presentation Comprehensive plan in place to control and recover costs 1 Judicious Price Increases Continuous price increase efforts for non contracted customers Contractual pass-through as per 3-month lag 2 Mix Improvement Focus on higher-profit segments and value-a
Slide 11: Non-Oral Care Contribution stood at 48% in Q1FY23
EPL Limited Q1FY23 Earnings Presentation Non-Oral Care Contribution stood at 48% in Q1FY23 Non-Oral Care Contribution to Tube Revenue 48% 46% 46% 45% 43% 41% FY18 FY19 FY20 FY21 FY22 Q1FY23 * Non-Oral Care revenue growth higher than Oral Care *Q1FY23 % accentuated by decline in EAP business 10 10
Slide 12: Non-Oral Care has grown at a 15.3% CAGR over the last 12 years
EPL Limited Q1FY23 Earnings Presentation Non-Oral Care has grown at a 15.3% CAGR over the last 12 years and continues to be the major growth driver for EPL in FY23 ------·-------------------------------- Personal Care Revenue (INR million) Growth 11.7% Y-o-Y 12,852 14,291 11,206 8,254 2,980 3,697 Su
Slide 13: Established Global Leadership in Oral Care
EPL Limited Q1FY23 Earnings Presentation Established Global Leadership in Oral Care with the segment demonstrating steady long- term revenue growth at a CAGR of 10.1% Oral Care Revenue (INR million) -10.1%CAGR 12,748 13,809 15,170 16,720 Growth 3.2% Y-o-Y 9,203 11,764 5,823 4,045 FY11 FY13 FY15 FY17
Slide 14: New business wins - Including conversion from aluminum to laminated tubes
EPL Limited Q1FY23 Earnings Presentation New business wins - Including conversion from aluminum to laminated tubes I 'tt1s1 ml 37 n L Strong business pipeline across the regions to deliver growth 13 13
Slide 15: Brazil Update
EPL Limited Q1FY23 Earnings Presentation Brazil Update • Brazil project on track • New entity incorporated • Factory location finalized; lease agreement in place • Recruitment in progress • First commercial delivery expected by end of FY23 • Phase 1 project outlay ~ INR 1300 mn 14 14
Slide 16: Agenda
EPL Limited Q1FY23 Earnings Presentation • Q1 FY23 Highlights and Financial Performance • Costs and Comprehensive Margin Improvement Plan • Progress on Sustainability • Looking Ahead • Appendix 15 15
Slide 17: Product Sustainability: Offering the most sustainable packaging solutions
EPL Limited Q1FY23 Earnings Presentation Product Sustainability: Offering the most sustainable packaging solutions Commercial Leadership Staying Future Ready Driving Platina as the most superior 100% recyclable tube Highest PCR solutions Plan to double Platina volumes in FY23 is on track Dev
Slide 18: Process Sustainability: Be the most sustainable packaging company
® EPL Limited Q1FY23 Earnings Presentation -.epl LEADING THE PACK ( ft ' , ,tn/1 Cl)~ .:;If 1P Process Sustainability: Be the most sustainable packaging company Where are we? Where are we heading? Released second edition of sustainability report; Silver Net zero emissions by 2050; 30% reduction
Slide 19: People Sustainability: Corporate Social Responsibility
EPL Limited Q1FY23 Earnings Presentation People Sustainability: Corporate Social Responsibility ~ Greening Lives Our CSR vision is in alignment with the overall EPL ambition of becoming the most sustainable packaging company in the world. All CSR works are undertaken as part of People Sustainability
Slide 20: Agenda
EPL Limited Q1FY23 Earnings Presentation • Q1 FY23 Highlights and Financial Performance • Costs and Comprehensive Margin Improvement Plan • Progress on Sustainability • Looking Ahead • Appendix 19 19
Slide 21: Looking Ahead: Committed to double digit revenue growth with margin recovery
EPL Limited Q1FY23 Earnings Presentation Looking Ahead: Committed to double digit revenue growth with margin recovery • 1 Committed to deliver double-digit revenue growth • 2 Comprehensive margin recovery plan, including ongoing pricing success, is expected to improve margins • 3 Early indication of
Slide 22: Our 4X4 Mantra for Growth
EPL Limited Q1FY23 Earnings Presentation Our 4X4 Mantra for Growth Purpose: To be the most sustainable packaging company in the world Where we will win (4Cs) How we will win (4 Enablers) Product Sustainability: Offer the most Process and People Sustainability: Be the sustainable packaging solutions
Slide 23: Agenda
EPL Limited Q1FY23 Earnings Presentation • Q1 FY23 Highlights and Financial Performance • Costs and Comprehensive Margin Improvement Plan • Progress on Sustainability • Looking Ahead • Appendix 22 22
Slide 24: Q1FY23: Adjusted EBITDA
EPL Limited Q1FY23 Earnings Presentation Q1FY23: Adjusted EBITDA (INR million) Adjustments EBITDA PAT1 Reported Q1FY23 numbers 1,256 345 • TSA2 related expenses +40 +30 • One time acquisition related costs +0 +0 • ESOP related cost +40 +40 Adjusted Q1FY23 numbers 1,336 415 Reported Q1FY22 numbers 1,
Slide 25: Q1FY23 Performance – AMESA and EAP
EPL Limited Q1FY23 Earnings Presentation Q1FY23 Performance – AMESA and EAP (INR million) AMESA Particulars Q1FY23 Q1FY22 % change Revenue 3,198 2,819 13.4% EBITDA 634 613 3.4% EBITDA % 19.8% 21.8% EBIT 382 351 8.8% EBIT % 11.9% 12.5% EAP Particulars Q1FY23 Q1FY22 % change Revenue 1,928 2,060 -6.4%
Slide 26: Q1FY23 Performance – Americas and Europe
EPL Limited Q1FY23 Earnings Presentation Q1FY23 Performance – Americas and Europe (INR million) Americas Particulars Q1FY23 Q1FY22 % change Revenue 1,973 1,639 20.4% EBITDA 242 233 4.1% EBITDA % 12.3% 14.2% EBIT 108 124 -13.0% EBIT % 5.5% 7.5% Europe Particulars Q1FY23 Q1FY22 % change Revenue 1,972
Slide 27: About EPL
EPL Limited Q1FY23 Earnings Presentation About EPL (Formerly known as Essel Propack Limited) 26 26
Slide 28: EPL: Company Overview
EPL Limited Q1FY23 Earnings Presentation EPL: Company Overview Largest Global Leader in Growing Strong laminated tubes Oral Care emergence in relationships manufacturer Non-Oral Care with marquee FMCG customers ~8 bn Tubes #1 Globally 46% 20+ years contribution Global Footprint Strong Innovation Pla
Slide 29: EPL Caters to Marquee Customers Across Trillion Dollar Categories
EPL Limited Q1FY23 Earnings Presentation EPL Caters to Marquee Customers Across Trillion Dollar Categories Tube revenue split (Q1FY23) Others, Non-Oral Care, 48% 4% Pharma, 10% Beauty & Oral Cosmetics, Care, 34% 52% 28 28 28
Slide 30: About EPL
EPL Limited Q1FY23 Earnings Presentation About EPL EPL is the largest global specialty packaging company, manufacturing laminated plastic tubes catering to the FMCG and Pharma space. Employing over 3,366 people representing over 25 different nationalities, EPL functions in nine countries through 20
Slide 31: Thank you
Thank you /esselofficial /company/essel-propack-limited /essel_propack EPL LIMITED (Formerly known as Essel Propack Limited) Top Floor, Times Tower, Kamala City Senapati Bapat Marg, Lower Parel Mumbai - 400 013, India 30