Epack Durable Limited · NSE:EPACK
Epack Durable — Q2/H1 FY25 Earnings Presentation
23 slides from Epack Durable's earnings presentation, Nov 13, 2024
Slide 1: Cover letter to stock exchanges
To To Listing Department Listing Department BSE Limited (“BSE”) National Stock Exchange of India Limited (“NSE”) Department of Corporate Services Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 Scrip Code: 544095
Slide 2: Earnings Presentation Q2/H1-FY25
EARNINGS PRESENTATION Q2/ H1 -FY 25 EPACK Durable Limited – www.epackdurable.com
Slide 3: Snapshot
SNAPSHOT Highest Amount of Cost Efficient 24% RAC, SDA & Components Backward Integration for Focused Manufacturing Diversified Product Portfolio Market Share 1 RACs at a single location 2 Operations One of Initial RAC ODM 3 One of Initial RAC ODM Manufacturing 4 R&D Centres In India to Introduce 5 m
Slide 4: Company Overview
COMPANY OVERVIEW REVENUE & EBITDA MARGINS • Incorporated in 2003, EPACK Durable (EPACK) started off as a contract manufacturer of consumer durables such as RACs. 15,388 14,196 • Later in 2012 it transformed into an Original Design Manufacturer (ODM) for Air conditioners 11,508 and small domestic app
Slide 5: Integrated Solution Provider
INTEGRATED SOLUTION PROVIDER We design and Customisation as Manufacturers Highest amount of manufacture complete per different client critical components backward integration RACs, induction requirements such as heat for RACs at a single cooktops, mixer- exchangers, copper location, that has grinder
Slide 6: Our Products
OUR PRODUCTS AIR CONDITIONERS INDOOR UNIT (IDU) OUTDOOR UNIT (ODU) WINDOW AIR CONDITIONER (WAC) DOMESTIC AIR COOLER INVERTER/FIXED SPEED SMALL DOMESTIC APPLIANCES INDUCTION COOKTOP MIXER GRINDER WATER DISPENSER COMPONENTS INJECTION MOLDED COPPER FABRICATED PRODUCTS, INDUCTION COIL UNIVERSAL 5 HEAT E
Slide 7: Value Chain
VALUE CHAIN Advanced Vertically Integrated Manufacturing Operations With Product Portfolio Aimed At Capturing The Full Spectrum Of The RAC & SDA Value Chain. INSTALLED CAPACITY Dehradun Bhiwadi Sri City Location (Uttarakhand) (Rajasthan) (Andhra Pradesh) Component Manufacturing Capability Injection
Slide 8: Upcoming Products
UPCOMING PRODUCTS FA Washing Machine Air Fryer Tower Fan induction Hair Dryer
Slide 9: Established Customers
ESTABLISHED CUSTOMERS LO N G - S TA N D I N G R E L AT I O N S H I P S W I T H E S TA B L I S H E D C U S T O M E R S 8
Slide 10: Business Strengths
BUSINESS STRENGTHS Long-Standing Among the Key Advanced Vertically Robust Product Experienced Promoters Relationships with Manufacturers in Fast- Integrated Development & Design Supported by Senior Established Customers, Growing RAC & SDA Manufacturing Optimization Management Team with Potential to
Slide 11: Key Growth Drivers
KEY GROWTH DRIVERS The government mandated that BIS certification is mandatory for selling RACs and components in India. This proved BIS cumbersome for exporters in China, Thailand, etc. and hence Certification Requirement acted as a deterrent A complete ban on the import of gas-charged Ban on impor
Slide 12: Q2/H1-FY25 Performance
Q2/H1-FY25 PERFORMANCE EPACK Durable Limited – www.epackdurable.com
Slide 13: Financial Highlights
FINANCIAL HIGHLIGHTS Q2-FY25 PERFORMANCE H1-FY25 PERFORMANCE INR 3,771 Mn INR 96 Mn 2.55% INR 11,508 Mn INR 615 Mn 5.34% Operating Income Operating EBITDA EBITDA Margins Operating Income Operating EBITDA EBITDA Margins +112% YoY +25% YoY (177) Bps YoY +87% YoY +66% YoY (68) Bps YoY INR (85) Mn (2.25
Slide 14: Operational Highlights
OPERATIONAL HIGHLIGHTS Q2-FY25 Operational Highlights: • Revenue increased by 112% YoY supported by strong industry demand, extended summer season, as well as addition of new customers. • EBITDA increased by 25% YoY due to higher sales. • The Product business contributed to 98% of the total revenues
Slide 15: Quarterly Financial Performance
QUARTERLY FINANCIAL PERFORMANCE Particulars (INR Mn)% Q2-FY25 Q2-FY24 Y-o-Y Operational Income 3,771 1,781 111.7% Expenses 3,675 1,704 115.7% EBITDA 96 77 24.7% EBITDA Margins (%) 2.55% 4.32% (177) Bps Other Income 47 7 571.4% Depreciation 116 83 39.8% Interest 137 81 69.1% Profit before share of pr
Slide 16: Half Yearly Financial Performance
HALF YEARLY FINANCIAL PERFORMANCE Particulars (INR Mn) H1-FY25 H1-FY24 Y-o-Y Operational Income 11,508 6,148 87.2% Expenses 10,893 5,778 88.5% EBITDA 615 370 66.2% EBITDA Margins (%) 5.34% 6.02% (68) Bps Other Income 107 15 613.3% Depreciation 229 161 42.2% Interest 278 179 55.3% Profit before share
Slide 17: Historical Financials
HISTORICAL FINANCIALS EPACK Durable Limited – www.epackdurable.com
Slide 18: Historical Consolidated Income Statement
HISTORICAL CONSOLIDATED INCOME STATEMENT Particulars (INR Mn) FY22 FY23 FY24 H1-FY25 Operational Income 9,242 15,388 14,196 11,508 Expenses 8,554 14,362 13,034 10,893 EBITDA 688 1,026 1,162 615 EBITDA Margins (%) 7.44% 6.67% 8.19% 5.34% Other Income 32 14 89 107 Depreciation 163 261 355 229 Interest
Slide 19: Historical Consolidated Balance Sheet
HISTORICAL CONSOLIDATED BAL ANCE SHEET Particulars (INR Mn) FY22 FY23 FY24 H1-FY25 Particulars (INR Mn) FY22 FY23 FY24 H1-FY25 Equity 1,219 3,136 8,922 9,111 Non-current Assets 3,498 5,935 7,673 8,380 A) Property, Plant And Equipment 2,379 3,235 5,362 5,309 Equity Share Capital 521 521 958 960 B) Ca
Slide 20: Financial Performance
FINANCIAL PERFORMANCE REVENUE FROM OPERATIONS (INR MN) EBITDA & EBITDA MARGIN (INR MN) PROFIT FOR THE YEAR & PAT MARGIN (INR MN) 1,162 354 1,025 320 15,388 14,196 11,508 688 9,242 615 174 149 2.1% 2.5% 8.2% 1.9% 7.4% 6.7% 5.3% 1.3% FY 22 FY 23 FY 24 H1 FY25 FY 22 FY 23 FY 24 H1 FY25 FY 22 FY 23 FY 2
Slide 21: Capital Market Slide
CAPITAL MARKET SLIDE SHARE PRICE PERFORMANCE 100% 50% 0% -50% Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Sensex Epack th SHAREHOLDING PATTERN AS ON 30th SEPT, 2024 MARKET DATA (INR) AS ON 30 SEPT, 2024 Face Value 10.0 CMP 393.3 Public 52 Week H/L 409.0/ 151.0 39% Promoters 48% Ma
Slide 22: Disclaimer
DISCLAIMER EPACK Durable Limited No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events n
Slide 23: Thank You
THANK YOU www.epackdurable.com www.epackdurable.com EPACK Durable Limited – www.epackdurable.com