Pyramid Technoplast Ltd. · NSE:PYRAMID
Pyramid Technoplast — Q2 FY26 Earnings Presentation
40 slides from Pyramid Technoplast's earnings presentation, Nov 11, 2025
Slide 1: Exchange covering letter for investor presentation
SEC: 46/2025-26 Date: November 11, 2025 National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, 5th Floor, 1st Floor, New Trading Ring, Plot No. C/1, G Block, Rotunda Bldg., P. J. Towers, Bandra- Kurla Complex, Dalal Street, Fort, Bandra (East), Mumbai – 400 051 Mumbai 400 001 Symbol: PYRA
Slide 2: Q2 & H1 FY26 Investor Presentation
PYRAMID TECHNOPLAST LTD. Q2 & H1 FY26 Investor Presentation November 2025
Slide 3: Safe Harbor
This presentation and the accompanying slides (the “Presentation”), which have been prepared by Pyramid Technoplast Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, a
Slide 4: Index
Index Business Overview & Strategic Highlights Financial Overview Annexure 3
Slide 5: Company Overview
Company Overview Founded in 1997, Pyramid is a prominent industrial packaging company known 01 for our polymer-based molded products Specialize in rigid Intermediate Bulk Containers (IBCs), Polymer Drums 02 and Mild Steel Drums used by the chemical, agrochemical, specialty chemical, and pharmaceutic
Slide 6: Pyramid Technoplast: At a glance
Pyramid Technoplast : At a glance 26 Years of 9 Excellence in bulk Manufacturing Pan-India 500+ facilities at Strategic Presence Satisfied customer Industrial Packaging locations Solutions 75,754 MTPA 95 500+ Production Fleet of Trucks Workforce Capacity We Offer: • Polymer Drums 36% 17% 0.50x Reven
Slide 7: Strengthening the Profit Engine..
Strengthening the Profit Engine.. Focused on operational efficiency and modular capacity additions, the company is well-positioned to scale profitably. Expanding Production Capacity Backward Integration Logistics Advantage & Reach Strong presence in Gujarat. Strategic location near industrial hubs I
Slide 8: Capacity Expansion on a steady climb..
Capacity Expansion on a steady climb.. 25% Jump in the capacity on a YoY basis; Overall utilization of 66% is expected to ramp up in coming phases as capex cycle nears completion Quarterly Capacity (MTPA) Volume (MT) 19,518 12,933 12,612 12,857 17,200 10,904 15,990 16,396 10,322 15,335 15,572 10,200
Slide 9: Driving Growth in Premium Segment: IBC Share Surges
Driving Growth in Premium Segment: IBC Share Surges 10% 7% 10% 9% 12% 14% 8% 12% 11% 11% 11% 8% 33% 33% 33% 36% 31% 37% 48% 47% 44% 46% 47% 43% Q2FY24 Q2FY25 Q2FY26 H1FY24 H1FY25 H1FY26 Polymer IBC MS Drums Other Operating Income* Drums *Other Operating Income includes trading, sale of raw material,
Slide 10: Recycling Plant Update
Commitment to sustainability, cost efficiency, and supply chain resilience – Recycling Plant Update Date of Commissioning : October 3rd , 2025 Key highlights of the plant: • Acquisition of ~4,448 sq. m of land in Bharuch • Investment of ₹8–10 crores, with an attractive payback period of ~2-3 years,
Slide 11: Solar power plant update
Green Energy Initiatives to further improve the financial performance – Solar power plant update Date of Commissioning : October 30th , 2025 Key highlights of the plant: • 6 MW of the total planned capacity of 15.25 MW has been commissioned • Upon commissioning of the entire capacity: 1. Lower its e
Slide 12: Wada update: Strong operational momentum achieved in Q2FY26
Wada update: Strong operational momentum achieved in Q2FY26 • Phase 1 commenced in June’25; minimal production in Q1FY26, gradual ramp up happening. • Overall, the utilization for the quarter Q2FY26 stood at 43%; expected to ramp up to 80% in FY27. • MS Drum Capacity to be commissioned by Dec'25 Wad
Slide 13: Q2 & H1 FY26 Performance
PYR#, MID" Technoplast Ltd. Srong-Safe-Superior
Slide 14: Volume growth ignites, Operating leverage to drive margin expansion next..
Volume growth ignites, Operating leverage to drive margin expansion next.. Robust Volume Growth Across Segments; With Capex Done, Utilization Set to Soar Revenue in Q2 grew 21% YoY, backed by strong overall volume growth of 24% — with IBC up 42%, HDPE drums up 16%, and MS drums up 14%. The new Wada
Slide 15: Operational Performance
Operational Performance Value Volume Particulars UoM FY21 FY22 FY23 FY24 FY25 H1FY26 UoM FY21 FY22 FY23 FY24 FY25 H1FY26 Turnover Regular Business: Polymer Drums Rs. Cr 179 214 248 254 258 137 MTPA 15,930 16,636 16,811 18,934 20,385 11,195 MS Drums Rs. Cr 27 45 43 46 63 33 MTPA 1,717 2,359 4,726 5,3
Slide 16: Financial Highlights
Financial Highlights All amounts in Rs. Cr Revenue EBITDA and Margins (%) PAT and Margins (%) 161 13 13 134 10 8 132 6 6 9.7% 7.8% 7.8% 5.9% 4.3% 4% Q2FY24 Q2FY25 Q2FY26 Q2FY24 Q2FY25 Q2FY26 Q2FY24 Q2FY25 Q2FY26 Revenue 50 EBITDA and Margins (%) PAT and Margins (%) 40 325 16 270 267 13 14 30 25 27 2
Slide 17: Q2 & H1 FY26 Performance
Q2 & H1 FY26 Performance Particulars Q2FY26 Q2FY25 YoY H1FY26 H1FY25 YoY All amounts in Rs. Cr Revenue from Operations 160.8 133.1 21% 324.6 266.7 22% Other Income 0.7 1 (30%) 1.5 2.2 (30%) Total Income 161.5 134.1 20% 326.2 269 21% Raw Material costs 118.2 100.4 19% 239.7 201.1 21% G
Slide 18: Q2FY26 Revenue Bridge
Q2FY26 Revenue Bridge All amounts in Rs. Cr 350 161 300 250 200 32 6 150 -10 133 100 50 0 Vol growth + product mix… Trading income Q2FY25 Revenue Realization impact Q2FY26 Revenue Overall volume growth continues to remain strong in Q2FY26, increasing by 24% YoY . However, fluctuating raw material pr
Slide 19: Q2FY26 EBITDA Bridge
Q2FY26 EBITDA Bridge All amounts in Rs. Cr 40 27 35 30 13 25 20 -18 -1 15 10 -6 10 5 0 EBITDA Q2FY25 Revenue impact COGS Impact employee benefit impact Other expense impact EBITDA Q2FY26 Other expenses increased due to the ongoing expansion and initial stabilization of the newly commissioned plants.
Slide 20: Strategic Roadmap: Margin Expansion
Strategic Roadmap: Margin Expansion FY26 Updates Expected Outcome Green Energy 6MW out of the total 15.25 MW capacity Annual Cost reduction- Cost efficiency +Improved Initiatives commenced operations on October 30th Rs.15cr/yr. margins 5,000 tons recycled facility for in-house Recycling Plant use/sa
Slide 21: Capex largely done..
Capex largely done.. UNIT 6 o Capacity expansion from 50K to 90K units/month completed; commercial output started. Current production around Bharuch 40k/month to reach full capacity in 12 months. (MS Drums) o Phase 1 operations commenced with one IBC line, 2 HDPE drum UNIT 8 lines, and 30K/month MS
Slide 22: Capex Trend and Outlook
Capex Trend and Outlook Capex* (Rs. Cr) Strategic Priorities Organic Growth & Green Energy Initiatives The planned outlay for FY27 stands at ~₹10-20 Cr 60-70 respectively. 70 Balance Sheet Strength To fund capex from internal accruals and cash balance. Marginal increase in debt due to captive solar
Slide 23: Financial Overview
PYR#, MID" Technoplast Ltd. Srong-Safe-Superior
Slide 24: Annual Performance
Annual Performance All amounts in Rs. Cr Particulars FY21 FY22 FY23 FY24 FY25 Revenue from Operations 313.5 400.4 480.0 532.4 591.3 Other Income 2.7 2.2 2.0 4.7 3.8 Total Income 316.2 402.6 482.0 537.2 595.1 Raw Material costs 229.8 298.7 362.9 402.8 449.5 Gross Profit 86.4 103.9 119.1 134.3 145.7 G
Slide 25: Balance Sheet
Balance Sheet All amounts in Rs. Cr Equity & Liabilities FY21 FY22 FY23 FY24 FY25 H1FY26 Assets FY21 FY22 FY23 FY24 FY25 H1FY26 Equity 3.9 3.9 31.3 36.8 36.8 36.8 Non-Current Assets Reserves 44.9 71.3 76.0 185.4 212.5 224.8 Fixed Assets 51.4 51.8 69.2 106.5 160.2 231.2 Net Worth 48.9 75.2 107.3 222.
Slide 26: Key Ratios
Key Ratios (1/1) Net Debt* to Equity (In Times) Interest Coverage (In Times) 18.1 1.0 0.8 14.4 11.7 0.5 8.2 5.3 0.2 0.0 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 Note: *Cash and cash equivalents consists of cash, bank and current investments 25
Slide 27: Key Ratios
Key Ratios (1/2) Current Ratio (In Times) Fixed Asset Turnover Ratio (In Times) 2.6 7.6 7.7 2.3 5.8 1.6 4.4 1.4 FY22 FY23 FY24 FY25 FY22 FY23 FY24 FY25 Fixed Asset Turnover Ratio= Revenue from Operations/ Average Total Fixed Assets 26
Slide 28: Key Ratios
Key Ratios (1/3) Working Capital Cycle (In days) Earnings Per Share (In Rs.) 71 68 68 10.24 59 53 8.43 8.49 50 50 46 46 7.38 41 39 35 FY22 FY23 FY24 FY25 FY22 FY23 FY24 FY25 Creditors Day Inventory Days Debtors Day 27
Slide 29: Annexure
PYR#, MID" Technoplast Ltd. Srong-Safe-Superior
Slide 30: Our Journey
Our Journey 1997 1998 2003 Incorporation of Commenced production of Acquired majority shareholding Company Polymer Drums at Silvassa. in Company by Promoters and Promoter Group. 2011 Expansion of 2016 2014 2013 production of Commence production Achieved Turnover of Expansion of Polymer Drums of IBC
Slide 31: Our Key Strengths
Our Key Strengths… Comprehensive Product portfolio Diverse Customer Base Offering complete bulk industrial packaging solutions Quality standard Strategic locations of certification & quality tests Manufacturing units 30
Slide 32: IBC Containers - Streamlining Logistics and Enhancing Efficiency
IBC Containers - Streamlining Logistics and Enhancing Efficiency • Pyramid Technoplast is a leading manufacturer of rigid Intermediate Bulk Containers (IBCs), specializing in the production of 1000-liter capacity IBCs. • With a strong focus on organization, mobility, and integration capabilities, ou
Slide 33: Plastic Barrels - Versatile Solutions For Industrial Packaging
Plastic Barrels - Versatile Solutions For Industrial Packaging • Pyramid Technoplast is engaged in the manufacturing of all types of plastic barrels, containers, and HDPE drums that are widely used for industrial and commercial applications. Their plastic drums and containers are supplied to chemica
Slide 34: MS Drums - Meeting Diverse Packaging Needs
MS Drums - Meeting Diverse Packaging Needs • Pyramid Technoplast serves as a one-stop shop for all your packaging needs, offering a wide range of drum options such as General- Purpose Metal drums, Epoxy Coated/Lacquered drums, Composite drums, Galvanized drums, and Open top drums. • The Company's IB
Slide 35: State Of The Art Manufacturing Facilities
State Of The Art Manufacturing Facilities Powering Innovation & Production Excellence Unit 1 Unit 2 Unit 4 Unit 3 Located in Vilayat Vagra GIDC L ocated i n Si lvassa . Loc at e d i n S i l v assa . Loc at e d i n V i l ay at V ag r a G I D C Bharuch Installed cap aci ty 7 ,4 8 8 MTPA . I n st al l
Slide 36: Precision, Quality, Innovation Empowering Manufacturing Excellence
Fully automated machines with advanced blow molding technologies are utilized in the manufacturing process. Precision, Quality, National and international standard molds and dyes are Innovation used to ensure high-quality production. Empowering Manufacturing Excellence with Air Dryers to eliminate t
Slide 37: Certifications - Recognitions Of Quality & Global Compliance
Certifications - Recognitions Of Quality & Global Compliance Quality Certification Approved International TUV Certification of IBC International TUV Certification of IBC Pyramid Technoplast Pyramid Technoplast and certified From TUV Singapore From TUV Singapore IBC – Collection IBC – Collection by I
Slide 38: Diverse and Superior Customer Base
Diverse and Superior Customer Base Over 500+ Customers 37
Slide 39: Experienced Leadership Team
Experienced Leadership Team Mr. Bijaykumar Agarwal Mr. Jaiprakash Agarwal Managing Director & Chairman Whole Time Director & CFO With over three decades of experience Master’s degree holder from ICFAI in the packaging industry, Mr. Agarwal University, Dehradun, Mr. Agarwal has oversees finance, raw
Slide 40: Thank You
Pyramid Technoplast Limited Office No. 2, Second Floor, Shah Trade Center, Rani Sati Marg, Near W.E. Highway, Malad (East), Mumbai - 400 097, Maharashtra, India. Phone: +91 22 42761500 Email: info@pyramidtechnoplast.com Website: www.pyramidtechnoplast.com Thank You Investor Relations Go India Adviso