Slide 1: Exchange filing cover letter for AGM presentation
September 24, 2024 The Manager - Listing Department, The General Manager - Listing Department, National Stock Exchange of India Limited, BSE Limited Exchange Plaza, NSE Building, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Bandra East, Mumbai- 400 001 Mumbai- 400 051 SYMBOL : POLY
Slide 2: Polyplex Corporation Limited 2023-24 Annual General Meeting of Shareholders
Polyplex Corporation Limited 2023-24 Annual General Meeting of Shareholders September 23, 2024 1
Slide 3: Polyplex at a Glance
Polyplex at a Glance ◼ Integrated and diversified manufacturer of plastic film substrates including BOPET (thin & thick), BOPP, CPP and Blown PP / PE ◼ Wide offering of specialty, innovative and differentiated products across a variety of packaging, electrical & electronic and other industrial appli
Slide 4: Success Enablers
Success Enablers Polyplex is the ONLY Player to Combine Key Attributes… …Resulting in Resilient and Superior Margins Global and Integrated Diversified and Multifarious and Demanding Differentiated Product Customer Base Served by Manufacturing Set-up an International Sales & Portfolio Distribution Ne
Slide 5: A Self-Contained Integrated Manufacturing Capacities Across Geographies
1 A Self-Contained Integrated Manufacturing Capacities Across Geographies Ability to provide a comprehensive suite of products in each manufacturing location and an entrenched sales & distribution network in major demand centers ensure a reliable supply chain Resin Base Films Value Added Films Mecha
Slide 6: Integrated Manufacturing Has Broadened Product Portfolio
1 Integrated Manufacturing Has Broadened Product Portfolio Base Film Lines with Upstream PET Resin Plants and Downstream Capabilities ◼ The only global player with resin plants at all manufacturing locations ◼ Forward integration provides ability to undertake one or more downstream processes on the
Slide 7: Focus on Highly Differentiated Specialty Film Sales
2 Focus on Highly Differentiated Specialty Film Sales Differentiated Product, Application or Customer (D-PAC): Drives Polyplex’s Right to Win in a Competitive Industry Continued Increase in D-PAC Volumes… …Resulting in Growth of Incremental1 D-PAC EBITDA KMT (films) Incremental EBITDA for D-PAC ($ /
Slide 8: Global and Well-Diversified Customer Base
3 Global and Well-Diversified Customer Base Deep-Rooted Relationships with Key Customers Spanning Over 15+ Years ◼ Tier I supplier to leading global and regional converters who cater to global CPGs / OEMs ◼ Strong manufacturing and distribution capabilities helps capitalize on the increasing prefere
Slide 9: Continued Focus on Operational Efficiencies and Costs
4 Continued Focus on Operational Efficiencies and Costs Superior Utilization relative to Industry Polyplex has consistently improved capacity utilization through debottlenecking and outperformed the industry (Thin BOPET Film utilization) 500 100% 99% 99% 99% 98% 120% 97% 400 100% 80% 300 82% 82% 81%
Slide 10: Sustained and Profitable Growth
5 Sustained and Profitable Growth Sales Volume Across All Films (KMT) EBITDA ($mm) and EBITDA Margin (%) & $/kg 12% 6% 11% -6% 1% 26% 21% 14% 8% 12% 0.56 0.57 0.37 0.18 0.29 323 360 338 171 186 274 306 133 132 85 61 24 FY20 FY21 FY22 FY23 FY24 Q1FY25 FY20 FY21 FY22 FY23 FY24 Q1FY25 Annualised Annual
Slide 11: Polyplex Has Consistently Generated Superior and Stable Gross Margins
5 Polyplex Has Consistently Generated Superior and Stable Gross Margins Relative to the Industry VA Stability Polyplex’s strength as a diversified and specialty - focused business enables it to achieve steadier gross margins 1.40 114 120 1.20 1.09 1.11 1.09 100 1.25 1.05 1.00 1.01 89 1.00 84 85 0.95
Slide 12: Pioneer in Sustainable Products and Processes in the Industry
6 Pioneer in Sustainable Products and Processes in the Industry Strong Commitment Towards Sustainability Focused Innovative Solutions ◼ Spearheading post-consumer and post-industrial waste (PIW) recycling in the industry towards achieving the goal of circular economy ◼ Has taken various initiatives
Slide 13: Significant Value Creation Potential Ahead
Significant Value Creation Potential Ahead Self-Funded Business Model with Several Growth Drivers in Place With a net cash positive balance sheet, strong financing capability and a deeply embedded global sales and distribution network, the platform is capable of self-funding investments needed to dr
Slide 14: Investment Under Implementation
Investment Under Implementation Key Investment Rationale Projects Location Capital Cost Likely Start Up (In USD million) Brownfield - Second BOPET Film, Debottlenecking of Resin plant and USA 133.2 Q4 FY 24-25 Offline Coater Other Projects India 4.6 Upto Q3 FY 25-26 Other Projects Overseas 4.6 Upto
Slide 15: Disclaimer
Disclaimer • This presentation may contain forward-looking statements which are based on the Company’s current expectations and estimates about the industry, management’s beliefs and various other assumptions. These forward-looking statements are subject to various risks, uncertainties and other fac
Slide 16: Thank You
Thank You Polyplex Corporation Limited B-37, Sector-1, NOIDA Distt. Gautam Budh Nagar Uttar Pradesh-201 301 Board:+91.120.2443716-19 Fax:+91.120.2443723 & 24 BSE (scrip code) : 524051 Symbol : PTL NSE (symbol) : POLYPLEX ISIN : INE633B01018 Polyplex India Polyplex Thailand 15