Engro Polymer & Chemicals Limited · PSX:EPCL
Engro Polymer & Chemicals — 9M 2021 Earnings Presentation
9 slides from Engro Polymer & Chemicals's earnings presentation, October 2021
Slide 1: Analyst Briefing – 3Q 2021
ANALYST BRIEFING – 3Q 2021 Evolve I Adapt I Grow
Slide 2: Key achievement & highlights
Engro Polymer & Chemicals Limited Key achievement & highlights 9M 2021 ➢ Highest ever PAT ➢ Highest ever quarterly sales ➢ Highest ever market share for PVC (9M21: 94%; 9M20: 64%) ➢ PVC exports of 16 KT ➢ Caustic liquid & flakes export transaction of 4KT & 1KT, respectively ➢ Strong lead generation
Slide 3: Key Focus on Sustainability
Engro Polymer & Chemicals Limited Key Focus on Sustainability Targeted interventions in sustainability to ensure value for all key stakeholders Energy and Climate Materials and Waste ▪ Carbon emission reduction – various ▪ Circular Plastics - Contribute to offsetting opportunities identified to redu
Slide 4: Domestic market overview - PVC
Engro Polymer & Chemicals Limited Domestic market overview - PVC PVC sales increased in the quarter compared to last year despite the high PVC international prices Pipes and fittings remains major application of PVC in PVC - Quarterly Sales Trend Pakistan. Meanwhile, EPCL continues to play its part
Slide 5: Domestic market overview - Caustic
Engro Polymer & Chemicals Limited Domestic market overview - Caustic Our market share of ~33% in 1H dropped to 30% in 9M 2021; driven by production issue which resulted in product supply constraints. We aim to capture the lost sales in the months forward Caustic Soda - Quarterly Sales Trend 83 Sales
Slide 6: International Business Context
Engro Polymer & Chemicals Limited International Business Context International PVC Price USD/Ton 1800 PVC international prices increased this quarter because of; 1600 1400 ✓ Increase demand in India post easement in lockdown 1200 1000 ✓ Hurricane Ida which knocked off 60% of PVC supply 800 on US Gul
Slide 7: Performance vs 9M 2020
Engro Polymer & Chemicals Limited Performance vs 9M 2020 PKR million 9M 2021 9M 2020 Total revenue 49,323 22,931 Profit after tax 10,372 2,103 EPS Basic (PKR/Share) 11.41 2.31 EPS Diluted (PKR/Share) 8.58 2.31 ❖ The increase in profit is mainly attributable to: ➢ Higher volumetric sales due to expan
Slide 8: Outlook
Engro Polymer & Chemicals Limited Outlook • PVC prices will continue bullish trend as a result of continued supply disruptions from most PVC plants in China • Ethylene prices will be impacted by decision of OPEC+ on global crude oil production and its resultant impact on oil prices • EDC prices will
Slide 9: Thank You
engro THANK YOU
Engro Polymer & Chemicals — 9M 2021 Earnings Presentation on 6ix