Slide 1: Leading the Pack
-- •epl@ LEADING THE PACK 10 November 2021 \ Corporate Service Department l The Listing Department · l BSE Limited \ National Stock Exchange of India Ltd l 25 th Floor, Phiroze Jeejeebhoy Towers, i Exchange Plaza, Plot no. C/1, G Block, IDalal Street, Mumbai 400 001 l Bandra-Kurla Complex, Bandra (E
Slide 2: EPL Limited Q2FY22 Earnings Presentation
EPL LIMITED (Formerly known as Essel Propack Limited) Q2FY22 Earnings Presentation 1
Slide 3: Safe Harbour
EPL Limited Q2FY22 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: EPL 2.0
EPL 2.0 Market Leading Revenue Growth and Capital Efficient, Consistent Earnings Growth 3 3
Slide 5: EPL - Executive summary Q2FY22
EPL Limited Q2FY22 Earnings Presentation EPL - Executive summary Q2FY22 1 Double digit revenue growth of 12.8% y-o-y contributed by AMESA, EAP and Americas. 2 Delivered sequential margin expansion by 20 bps, despite pressure on RM prices and supply chain challenges. 3 Continued supply chain disrupti
Slide 6: Q2FY22 Consolidated Financial Highlights
EPL Limited Q2FY22 Earnings Presentation Q2FY22 Consolidated Financial Highlights (INR million) Revenue from Operations EBITDA and EBITDA Margins EBIT and EBIT Margins 8,701 21.7% 18.3% 14.2% 11.2% 7,713 1,092 972 1,670 1,594 -4.6% -11.0% 12.8% -3.8% Q2FY21 Q2FY22 Q2FY21 Q2FY22 Q2FY21 Q2FY22 PAT1 an
Slide 7: EPL – Capital Efficient, Sustainable Revenue Growth
EPL Limited Q2FY22 Earnings Presentation EPL – Capital Efficient, Sustainable Revenue Growth (INR million) Q2FY21 Q2FY22 Growth Revenue 7,713 8,701 12.8% Growth1 1,739 1,677 -3.6% Adjusted EBITDA Adjusted EPS (INR) 2.31 2.02 -12.4% As of Sep 20 As of Sep 21 ROCE2 21.4% 19.7% -173 bps Capital Include
Slide 8: Raw Material prices remain high and volatile
EPL Limited Q2FY22 Earnings Presentation Raw Material prices remain high and volatile Polymer Price Movement Foil Price Movement 1850 3200 1650 2700 USD/ MT USD/ MT 1450 1250 2200 1050 850 1700 650 1200 Apr-19 Jun-19 Apr-20 Jun-20 Apr-21 Jun-21 Aug-19 Dec-19 Feb-20 Aug-20 Dec-20 Feb-21 Aug-21 Oct-19
Slide 9: Comprehensive mitigation plan to combat input inflationary pressures
EPL Limited Q2FY22 Earnings Presentation Comprehensive mitigation plan to combat input inflationary pressures 1 Judicious Price Increases Contractual pass-through in long term contracts has a 3-month lag Price corrections being negotiated across geographies to offset the raw material price incre
Slide 10: Continued Focus on Capital Efficiency
EPL Limited Q2FY22 Earnings Presentation Continued Focus on Capital Efficiency 3,040 Prudent Capex Spend.. 1,405 1,286 1,760 1,294 FY18 FY19 FY20 FY21 H1FY22 Capital Expenditure (INR million) Includes INR 1675 mm of cash ..Leading to Reduction 5,636 4,998 proceeds paid for 2,760 3,149 3,569 in Net D
Slide 11: Delivered strong progress across all our identified levers
EPL Limited Q2FY22 Earnings Presentation Delivered strong progress across all our identified levers • Accelerated growth in Personal Care • Continued leadership in Oral Care • Improved Performance in Europe • Industry leadership in eco-friendly solutions 10 10
Slide 12: Personal Care has grown at a 15.7% CAGR Over the Last Ten Years
EPL Limited Q2FY22 Earnings Presentation Personal Care has grown at a 15.7% CAGR Over the Last Ten Years and Continues to be the Growth Driver for EPL Personal Care Revenue (INR million) Growth 10.7% Y-o-Y 1 11,206 12,852 8,254 6,909 2,980 Sub-categories FY11 FY15 FY20 FY21 H1FY22 Face Care Hair Car
Slide 13: Personal Care Contribution stood at 46% in H1FY22
EPL Limited Q2FY22 Earnings Presentation Personal Care Contribution stood at 46% in H1FY22 Personal Care Contribution to Tube Revenue 46% 46% 45% 43% 41% FY18 FY19 FY20 FY21 H1FY22 Personal care contribution held in H1FY22. 12 12
Slide 14: Delivered strong progress across all our identified levers
EPL Limited Q2FY22 Earnings Presentation Delivered strong progress across all our identified levers • Accelerated growth in Personal Care • Continued leadership in Oral Care • Improved Performance in Europe • Industry leadership in eco-friendly solutions 13 13
Slide 15: EPL Global Leadership in Oral Care
EPL Limited Q2FY22 Earnings Presentation EPL has Established Global Leadership in Oral Care with the Segment Demonstrating Steady Long-Term Revenue Growth at a CAGR of 10.0% Oral Care Revenue (INR million) Growth 13.0% Y-o-Y 1 12,748 13,809 15,170 9,203 11,764 5,823 8,248 FY11 FY13 FY15 FY17 FY20 FY
Slide 16: Delivered strong progress across all our identified levers
EPL Limited Q2FY22 Earnings Presentation Delivered strong progress across all our identified levers • Accelerated growth in Personal Care • Continued leadership in Oral Care • Improved Performance in Europe • Industry leadership in eco-friendly solutions 15 15
Slide 17: Europe: strong growth in Oral Care; offset by Personal Care challenges
EPL Limited Q2FY22 Earnings Presentation Europe: strong growth in Oral Care; offset by temporary challenges in Personal Care Europe Revenue (INR million) and EBITDA1 % 8,000 7,686 20.0% 6,771 5,852 6,000 5,096 14.8% 15.0% 12.8% 12.0% Growth Y-o-Y 2 4,000 10.0% 10.3% 3,666 10.0% -2.7% Total 2,000 5.0
Slide 18: Delivered strong progress across all our identified levers
EPL Limited Q2FY22 Earnings Presentation Delivered strong progress across all our identified levers • Accelerated growth in Personal Care • Continued leadership in Oral Care • Improved Performance in Europe • Industry leadership in eco-friendly solutions 17 17
Slide 19: Sustainability: An Intrinsic Value at EPL
EPL Limited Q2FY22 Earnings Presentation Sustainability: An Intrinsic Value at EPL Platina laminated tubes fully recyclable in HDPE bottle stream Recognized and certified by APR / RecyClass / Cyclos Widest thickness range of tubes offering: 220u – 350u Designed to incorporate > 50% Green “Sust
Slide 20: Sustainability: Leading the Pack
EPL Limited Q2FY22 Earnings Presentation Sustainability : “Leading the Pack” Platina Pro – Next-gen sustainable Etain tubes with Post Consumer Recycled Building a portfolio through laminated tubes (PCR) resin content industry-leading pipeline Fully recyclable tubes in HDPE bottle Eco-friendly tu
Slide 21: Platina Success Story with CP
EPL Limited Q2FY22 Earnings Presentation Platina Success Story with CP 20 20
Slide 22: Platina Success Story with CP
EPL Limited Q2FY22 Earnings Presentation Platina Success Story with CP Key Customer Challenges EPL Offered A Better Product Impact Committed To meet CP’s sustainability EPL’s Platina solution allows CP to commitment of driving 100% pack its wide flavoured products in Improved confidence Partner of
Slide 23: Corporate Social Responsibility
EPL Limited Q2FY22 Earnings Presentation Corporate Social Responsibility Our Vision: Greening Lives Focus area: 1. Green communities: EPL’s CSR Strategy is focused on Sustainability and Sustainable EPL has initiated waste management program to encourage and Development with core values of Prosperity
Slide 24: Looking Ahead
EPL Limited Q2FY22 Earnings Presentation Looking Ahead 1 Committed to deliver double-digit revenue growth for second consecutive year. Input inflation - notably, key raw materials and freight costs - continue to harden and 2 remain a concern. Prioritizing services to customers over cost. 3 A compreh
Slide 25: Appendix
EPL Limited Q2FY22 Earnings Presentation Appendix 24 24
Slide 26: Q2FY22: Adjusted EBITDA declined 3.6% & Adjusted PAT declined 12.3%
EPL Limited Q2FY22 Earnings Presentation Q2FY22: Adjusted EBITDA declined 3.6% & Adjusted PAT declined 12.3% Y-o-Y (INR million) Adjustments EBITDA PAT1 Reported Q2FY22 numbers 1,594 507 • TSA2 related expenses +40 +30 • ESOP related cost +39 +39 • One off asset revaluation / write down by Associate
Slide 27: Q2FY22 Regional Performance – 1/2
EPL Limited Q2FY22 Earnings Presentation Q2FY22 Regional Performance – 1/2 Revenue Split % EBIT Split % EUROPE, EUROPE, 8% 21% AMESA, AMERICA 34% S, 18% AMESA, 37% AMERICAS , 21% EAP, 24% EAP, 37% • Revenue grew by 12.8% Y-o-Y, majorly driven by AMESA, EAP and AMERICAS. • Strong business pipeline ac
Slide 28: Q2FY22 Regional Performance – 2/2
EPL Limited Q2FY22 Earnings Presentation Q2FY22 Regional Performance – 2/2 (INR million) Revenue YoY Growth EBITDA1 Margin AMESA 3,075 18.3% 679 22.1% EAP 2,136 11.9% 476 22.3% Americas 1,860 21.6% 284 15.3% Europe 1,882 -2.9% 206 10.9% (1) EBITDA is adjusted for ESOP cost for all the regions and al
Slide 29: Q2FY22 Performance – AMESA and EAP
EPL Limited Q2FY22 Earnings Presentation Q2FY22 Performance – AMESA and EAP (INR million) AMESA Particulars Q2FY22 Q2FY21 % change Revenue 3,075 2,599 18.3% EBITDA 679 686 -1.0% EBITDA % 22.1% 26.4% EBIT 421 447 -5.8% EBIT % 13.7% 17.2% EAP Particulars Q2FY22 Q2FY21 % change Revenue 2,136 1,908 11.9
Slide 30: Q2FY22 Performance – Americas and Europe
EPL Limited Q2FY22 Earnings Presentation Q2FY22 Performance – Americas and Europe (INR million) Americas Particulars Q2FY22 Q2FY21 % change Revenue 1,860 1,529 21.6% EBITDA 284 258 9.9% EBITDA % 15.3% 16.9% EBIT 172 157 9.2% EBIT % 9.2% 10.3% Europe Particulars Q2FY22 Q2FY21 % change Revenue 1,882 1
Slide 31: H1FY22 Consolidated Financial Highlights
EPL Limited Q2FY22 Earnings Presentation H1FY22 Consolidated Financial Highlights (INR million) Revenue from Operations EBITDA and EBITDA Margins EBIT and EBIT Margins 16,692 20.7% 18.2% 13.1% 10.8% 15,128 1,979 1,802 3,136 3,043 -3.0% -8.9% 10.3% -2.0% H1FY21 H1FY22 H1FY21 H1FY22 H1FY21 H1FY22 PAT1
Slide 32: EPL – Capital Efficient, Sustainable Revenue Growth
EPL Limited Q2FY22 Earnings Presentation EPL – Capital Efficient, Sustainable Revenue Growth (INR million) H1FY21 H1FY22 Growth Revenue 16,692 10.3% 15,128 Growth1 3,245 3,180 Adjusted EBITDA -2.0% Adjusted EPS (INR) 4.24 3.94 -7.3% As of Sep 20 As of Sep 21 -173 ROCE2 21.4% 19.7% bps Capital Includ
Slide 33: H1FY22: Adjusted EBITDA declined 2.0% & Adjusted PAT declined 7.2%
EPL Limited Q2FY22 Earnings Presentation H1FY22: Adjusted EBITDA declined 2.0% & Adjusted PAT declined 7.2% Y-o-Y (INR million) Adjustments EBITDA PAT1 Reported H1FY22 numbers 3,043 1,086 • China Tax refund - -20 • TSA2 related expenses +80 +60 • ESOP related cost +50 +50 • One off asset revaluation
Slide 34: About EPL
EPL Limited Q2FY22 Earnings Presentation About EPL (Formerly known as Essel Propack Limited) 33 33
Slide 35: EPL: Company Overview
EPL Limited Q2FY22 Earnings Presentation EPL: Company Overview Largest Global Leader in Growing Strong laminated tubes Oral Care emergence in relationships manufacturer Personal Care with marquee FMCG customers ~8 bn Tubes #1 Globally 46% 20+ years contribution Best in class Best in class Global Foo
Slide 36: EPL Caters to Marquee Customers Across Trillion Dollar Categories
EPL Limited Q2FY22 Earnings Presentation EPL Caters to Marquee Customers Across Trillion Dollar Categories Tube revenue split (H1FY22) Personal Care, 46% 5% 9% Others Pharma 32% 54% Beauty & Oral Cosmetics Care 35 35 35
Slide 37: About EPL
EPL Limited Q2FY22 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 38: 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 37