Tri-Pack Films Ltd. · PSX:TRIPF
Tri-Pack Films — Investor Presentation (2021)
23 slides from Tri-Pack Films's investor presentation, 2021
Slide 1: Corporate Briefing Session 2021
CORPORATE BRIEFING SESSION 2021 Creating a better tomorrow
Slide 2: Company Brief
COMPANY BRIEF Creating a better tomorrow
Slide 3: Operational overview – 1 of 3 (BOPP)
Operational overview – 1 of 3 BOPP Name Plate Operational Saleable Line Year Commissioned Capacity in tons films capacity in tons annual annual 1 – Hattar - 4.2m - Mitsubishi Line 1995 5,400 -- 2 – Hattar – 4.2m - Mitsubishi Line 2001 5,400 5022 3 – Port Qasim - 6.7m - Mitsubishi Line 2004 17,000 13
Slide 4: Operational overview – 2 of 3 (CPP, Recycling)
Operational overview – 2 of 3 CPP Operational Saleable Name Plate Capacity in Line Year Commissioned films capacity in tons tons annual annual 1 – Port Qasim 3m - Windmöller 2008 8,000 6,700 2 – Port Qasim 3.3m - Windmöller 2014 9,000 7,700 Total 17,000 14,400 Recycling Line Year Commissioned Operat
Slide 5: Operational overview – 3 of 3 (Metallizers)
Operational overview – 3 of 3 Metallizers Name Plate Capacity in Operational Saleable films Line Year Commissioned tons annual capacity in tons annual 1 – Hattar – 1.32m 2002 3,300 ---- 2 – Port Qasim – 2.45m K-4000 2006 5,800 4,400 3 – Port Qasim- 3.25m K-5000-1 2009 9,200 8,400 4 – Port Qasim- 3.2
Slide 6: Sustainability and CSR
Sustainability and CSR Alignment with UN’s Sustainable Development Goals (SDGs) 2030 WWF Green Office Support to Community Certified SDG 06, 07, 11, 12, 13, 15 SDG 03, 05, 08, 10 Women Annual Tree Plantation Annual Blood Rickshaw Project (NOWPDP) Health Awareness Social Cause & Empowerment Donation
Slide 7: Setting excellence benchmarks
Setting excellence benchmarks 18th Annual Excellent User of the Best Corporate Environmental Year 2020 Reporting Award 2020 Excellence Award 2021 Awarding Body-BROAD Awarding Body- Awarding Body-National International Date ‘Employer of the Year 2019-20’ (Diamond in ICAP/ICMA Forum of Environment & A
Slide 8: Market & Financial Overview
MARKET & FINANCIAL OVERVIEW Creating a better tomorrow
Slide 9: Market & future - BOPP
Market & future - BOPP • Domestic BOPP market has a CAGR of 8% over the last 4 years (Market: 74 ktpa; Saleable Capacity: 83 ktpa: Name plate capacity: 127 kpta ) • A positive outcome of the COVID 19 pandemic has been witnessed in the form of consumers being inclined towards packaged food • Current
Slide 10: Market & future - CPP
Market & future - CPP • Domestic CPP market has a CAGR of 4% over the last 4 years (Market: 33 ktpa; Saleable Capacity: 52 ktpa; Name Plate Capacity: 69 Ktpa) • CPP market has multiple players with varying quality ranges • Two new CPP lines have been commissioned in 2021 by competitors. Another comp
Slide 11: Factors influencing 2021 – 1 of 2
Factors influencing 2021 – 1 of 2 ICIS Pakistan - BOPP (monthly avg) $/ton 1,800 1,710 1,700 1,651 1,600 1,541 1,545 1,500 1,435 1,418 1,425 1,351 1,378 1,400 1,274 1,300 1,285 1,297 1,300 1,200 1,100 1,000 900 800 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 D
Slide 12: Factors influencing 2021 – 2 of 2
Factors influencing 2021 – 2 of 2 • Total volumes for the nine months ended Sep 2021 were 34,891 tons compared to 35,228 tons in SPLY. Sales volume gained traction in Q3 2021 owing to fully operational markets and healthy buying trend compared to Q2 2021. • Hike in raw material prices led to signifi
Slide 13: Financial highlights
Financial highlights Gross Profit % 60% Dividend Payout % ROCE% 18% 16% 17% 25% 50% 50% 16% 40% 19% 14% 40% 20% 16% 12% 10% 10% 30% 15% 10% 8% 20% 10% 9% 6% 7% 4% 10% 2% 0% Not due 5% 0% 0% 2018 2019 2020 YTD Sep 2021 2018 2019 2020 YTD Sep 2021 0% Gross Profit % 2018 2019 2020 YTD Sep 2021 EBIT & E
Slide 14: P&L summary
P&L summary Description YTD Sep 2021 YTD Sep 2020 FY Dec 2020 Sep 21 vs 20 Revenue from contracts with customers - Rs M 13,890 10,954 15,090 27% Cost of sales - Rs M (11,544) (9,315) (12,649) 24% Gross Profit - Rs M 2,346 1,638 2,441 43% • Sales value growth Distribution costs - Rs M (356) (350) (47
Slide 15: Balance sheet
Balance sheet September 30, December 31, 2021 2020 Description Millions Assets Property, plant and equipment 6,829 6,825 • Stocks increased to keep Right-of-use asset 193 197 Other non current assets 16 17 safety inventory considering Current assets 8,521 6,113 the supply chain challenges 15,558 13,
Slide 16: Cash flow
Cash flow Description YTD Sep 21 YTD Sep 20 Rs million • 1.6 times increase in Cash generated from operations 2,237 1,391 cash generation from Working capital changes (1,715) (1,841) operations Tax/Staff retirement benefit/Others paid (352) (280) Net cash generated from/(used in) operating activitie
Slide 17: Project Update
PROJECT UPDATE Creating a better tomorrow
Slide 18: Project update
Project update New BOPP Line 5 • Project financial close achieved in Q1 2021 under combinations of TERF, LTFF and conventional loans • LC for BOPP new line established in Q2 2021 under SBP TERF scheme • Design meetings are underway with machinery suppliers • Looking at all the possibilities of keepi
Slide 19: Future Outlook
FUTURE OUTLOOK Creating a better tomorrow
Slide 20: Future outlook
Future outlook • BOPP domestic market is expected to grow at 6% with all the increase in demand to be catered by Tri Pack Films Limited • Extraordinary margins are expected to normalize • Focus on export to increase as the margins have improved due to rupee depreciation and international supply chai
Slide 21: Important Disclaimer
Important Disclaimer This presentation has been prepared by Tri-Pack Films Limited (TPFL) solely for information purposes. No representation or warranty express or implied is made there to, and no reliance should be placed on, the sufficiency, completeness or relevance of the information or any opin
Slide 22: Question and Answers
QUESTION AND ANSWERS Creating a better tomorrow
Slide 23: Thank You
THANK YOU Creating a better tomorrow