Epl Limited · NSE:EPL
Epl — Investor Presentation (June 2024)
34 slides from Epl's investor presentation, Jun 25, 2024
Slide 1: Exchange filing cover letter for Investor Presentation
June 25, 2024 BSE Limited National Stock Exchange of India Ltd. 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”) Ref.
Slide 2: Leading the Pack
LEADING THE PACK = jResilient. Sustainabl Confident
Slide 3: Forward Looking and Cautionary Statement
Forward Looking and Cautionary Statement Certain statements in this release concerning our future prospects may be forward-looking statements, within the meaning of applicable securities laws and regulations. These statements by their nature involve a number of risks, assumptions and uncertainties t
Slide 4: Agenda
Investors Day 2024 Agenda 01 Company Overview 02 Financial Performance 03 Going Ahead 3
Slide 5: Agenda: Company Overview
Investors Day 2024 Agenda 01 Company Overview 02 Financial Performance 03 Going Ahead 4
Slide 6: Our Vision
Our Vision To be the most sustainable packaging company in the world 5
Slide 7: World's #1 Speciality Packaging Company
World’s #1 Speciality Packaging Company 22bn EPL Share ~10% Beauty, Beauty, Cosmetics & Cosmetics & Pharma Pharma EPL ~20% Global Market EPL Share ~35% 42bn Tubes 17bn Oral Care Oral Care EPL Share ~8% 3bn Food, Home & Food, Home & Industrial Industrial 6 6
Slide 8: Industry Leading Innovation
2023: Brazil Greenfield 2023 Rich Heritage Industry Leading Innovation 2019: Acquired 2022: Launch by Blackstone of Neo Seam – and rebranded 360-degree as EPL 2022: Launch printing 40+ Years, 21 Plants, Entry into of Metallic reducing the South America 2020 and impact of side 11 Countries and USA tr
Slide 9: Global Footprint
Oral Global Beauty & Cosmetics Pharma Footprint Home Industrial 11 5 Countries with Categories Served* 21 operational presence 3500+ State of the Art Employees Manufacturing Facilities Germany 8bn+ 25 Globally USA Poland Tubes Supplied Nationalities UK* Annually Represented Europe AMESA 21% of Annua
Slide 10: End to End Integrated Global Capabilities
Our Biggest Moat End to End Integrated Laminate Printing Tubing Caps • State of the art Blown Film • Flexo, Digital, Letterpress, Dry offset, • Plastic and Lami tubing lines– • In-House Injection Moulding and Lamination Lines Screen, Foil Printing upto 500 tubes/minute • In-house Graphics & plate ma
Slide 11: Trusted Partner for the world's most trusted brands
Trusted Partner for the world’s most trusted brands 20+ Years of Average 10 Relationship
Slide 12: Driving Governance & Performance
Independent Board Driving Governance & Performance Davinder Singh Brar Shashank Sinha Sharmila A Karve Anand Kripalu Board Chairman Independent Director Independent Director Managing Director & CEO Former Director RBI, Former CEO - Strides Pharma Former Head Audit & Risk – Former CEO - Mondelez Indi
Slide 13: Rich Mix of Vintage & Global Expertise
Strong Management Rich Mix of Vintage & Global Expertise Anand Kripalu Ram Ramasamy Deepak Goyal Sonal Jain Kamlesh Jain MD & CEO Chief Operating Officer Chief Financial Officer CHRO Chief Information Officer 3 years | 41 years 40 years | 43 years 1 year | 23 years 1 year | 20 years 11 years | 26 ye
Slide 14: Agenda: Financial Performance
Investors Day 2024 Agenda 01 Company Overview 02 Financial Performance 03 Going Ahead 13
Slide 15: Strong Performance in FY24
Last Financial Year Strong Performance in FY24 INR Crore YoY Growth Revenue 3916 +6.0% EBITDA 714 +19.2% EBITDA Margin 18.2% +202bps PAT* 274 +20.1% 14 *PAT excluding exceptional items
Slide 16: Consistent Growth With Solid Recovery
Consistent Growth With Solid Recovery Revenue (Rs.Bn) EBITDA (Rs.Bn) & Margin PAT (Rs.Bn) * 20.0% 19.2% 2.7 6.0% 9.9% 7.6% 4.4% 7.1 15.3% 9.4% 39.2 -6.0% -10.3% 11.0% 36.9 6.2 2.4 12.0% 34.3 5.8 6.0 2.3 2.1 30.9 5.6 2.1 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 20.3%
Slide 17: Strong Performance Across Regions
Strong Performance Across Regions* AMESA (Rev Mix: 34% I EBITDA Mix: 42%) Americas (Rev Mix: 23% I EBITDA Mix: 18%) CAGR 11.0% CAGR 12.4% 12.3 13.7 14.2 9.4 9.9 8.8 9.9 6.5 7.4 6.2 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 23.3% 23.4% 20.8% 20.7% 21.5% 20.% 17.4% 13.6% 11.4% 14.3% EAP (Rev M
Slide 18: Margin Performance vs Peers
Margin Performance vs Peers We have Consistently Delivered Higher margins, Built back Strongly EPL Limited -4.7% Company 1 -2.6% Company 2 -1.4% +3.1% +0.1% +0.9% 20.1% 18.5% 15.8% 15.2% 13.8% 14.7% 14.2% 17.3% 16.9% 14.3% 12.3% 15.4% 14.1% 13.2% 13.3% Q4'20 Q4'21 Q4'22 Q4'23 Q4'24 Q4'20 Q4'21 Q4'22
Slide 19: Track Record of Delivering Superior Shareholder Value
We have a Track Record of Delivering Superior Shareholder Value Market Capitalization (Rs. Bn) 18.2% 10-Year CAGR EBITDA Margin 21.1% Impacted by Corona, 74 14.7% Commodity Inflation 61 61 49 52 R.O.C.E 37 38 37 20 25 ₹26.9Bn 9 Capital Employed* *Capital Employed includes costs in Brazil '14 '15 '16
Slide 20: Agenda: Going Ahead
Investors Day 2024 Agenda 01 Company Overview 02 Financial Performance 03 Going Ahead 19
Slide 21: Our Focus Remains on Key Outcomes
Going Ahead Our Focus Remains on 3 Key Outcomes Sustained Double Digit Sustainability Led Continued Margin Continued ExpansionMargin Revenue Growth Competitive Advantage Expansion • Aggressive ‘Personal • Sustainable Portfolio • Strategic Price Management Care & Beyond’ Play • Backend Capability • W
Slide 22: Near Term Revenue Growth Impacted by Commodity Price Softening
Near Team Revenue Growth Impacted by Commodity Price Softening 134 124 118 SEA - INR/KG 112 109 116 105 102 92 90 103 89 102 100 97 80 78 73 INR LLDPE INR HDPE 21 # Source : ICIS 21
Slide 23: Personal Care & Beyond is a Large Opportunity
Double Digit Revenue Growth: Personal Care & Beyond Personal Care & Beyond is a Large Opportunity Personal Care & Beyond: 25Bn Tubes Category Opportunity Across Markets Total B&C* Total Region Market (mn EPL Wallet % Opportunity tubes) (mn tubes) EPL Volume AMESA 2170 35% 1411 Opportunity 2.5Bn Tube
Slide 24: Enhanced 'Right To Win' Through Innovations
Double Digit Revenue Growth: Personal Care & Beyond Enhanced ‘Right To Win’ Through Innovations Neo Seam: Zero Side Seam High Quality Printing Solutions Applicator Innovations – a solution for all categories 23 23
Slide 25: Focused Capability Building to Capture the Opportunity
Double Digit Revenue Growth: Personal Care & Beyond Focused Capability Building to Capture the Opportunity Operational Capability Enhanced Hunting Organization • Smaller MOQs, Shorter leadtime • Increased hunting organization by 20% • Backend readiness across plants for • Skilling upgrade through fo
Slide 26: We feel excited about Brazil opportunity
Double Digit Revenue Growth We feel excited about Brazil opportunity Volumes building fast Bright prospects beyond anchor customer Volume as % of long term commitment to anchor • EPL only strategic global tube supplier in Brazil customer • Large consumer market with presence of 100% global customers
Slide 27: Solid Portfolio of Sustainable Solutions
Sustainability Led Competitive Advantage Solid Portfolio of Sustainable Solutions Platina Platina Pro Vision Platina Pro ME ETAIN / Platina PCR Barrier webs recyclable in Code High Barrier transparent webs High BARRIER metallic webs for HDPE tubes with mechanically 2 HDPE bottle stream. for better a
Slide 28: Our Customers have made Global Commitments to Sustainability
Sustainability Led Competitive Advantage Our Customers have made Global Commitments to Sustainability 100% of plastic packaging 100% of our plastic packaging will be 100% recyclable or to become recyclable by refillable, rechargeable, recyclable or reusable packaging by 20251 compostable by 20252 20
Slide 29: Fully Prepared to Partner with our Customers on this Journey
Sustainability Led Competitive Advantage We are fully Prepared to Partner with our Customers on this Journey Capability Building Recyclable volumes scaling up fast 3X in three years • Majority of all capacity capexes in 60% last 3 years recyclable packaging compliant 2X in one year 21% • $20Mn inves
Slide 30: Strong P&L Productivity Initiatives in Place
Continued Margin Expansion Strong P&L Productivity Initiatives in Place Strategic Price Management War On Waste Continued Insourcing Manufacturing Realignment Maximize ‘One EPL’ Benefit Automation29Investments 29 29
Slide 31: We Feel Very Excited About What Lies Ahead
In Summary We Feel Very Excited About What Lies Ahead… Sustained Double Digit Sustainability led Continued Margin Expansion Revenue Growth Competitive Advantage to deliver Margin Continued 20%+ EBITDA Expansion In Short term • Strong Product portfolio with backend • Strategic Price Management • Reve
Slide 32: Aspiration in Numbers
Aspiration in Numbers Revenue (Rs.Cr) EBITDA (Rs.Cr) ~1.4X 5400 - 5800 ~1.7X 1050 - 1250 ~1.3X ~1.2X FY21 FY 24 FY27 Aspiration FY21 FY24 FY27 Aspiration We are Poised to Deliver Exciting Revenue and EBITDA Growth 31 31
Slide 33: Specialty Packaging Trusted Partner Global Leader
#1 Specialty Packaging player in the world Trusted Partner to world’s most trusted brands Global Leader in Sustainable Offerings Solid Management team Consistent Growth with solid margin recovery Exciting Growth Outlook 32 32
Slide 34: 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 33