Hemas Holdings Ltd. · CSELK:HHL.N0000
Hemas — Q1 FY27 Earnings Presentation
28 slides from Hemas's earnings presentation, August 2026
Slide 1: Earnings Call Presentation - Q1 FY27
Q1 FY27 Slide 1 Earnings Call Presentation- Q1 FY27 August 2026
Slide 2: Index
INDEX Q1 FY27 Slide 2 Q1 FY27 SECTOR SHARE SUSTAINABILITY ACQUISITION Q&A FINANCIAL PERFORMANCE PERFORMANCE REVIEW UPDATE SEGMENT RESULTS
Slide 3: Our Panelists
Our Panelists Q1 FY27 Slide 3 Ashish Chandra Moiz Rehmanjee Rizny Faisal Sabrina Esufally Group CEO Chief Financial Officer Chief Strategy and Cluster Head Growth Officer Consumer Brands
Slide 4: Financial Results
FINANCIAL RESULTS Q1 FY27 3m Performance Q1 FY27 vs Q1 FY26 Slide 4 REVENUE GP LKR Mn MARGIN Sustained demand across key categories, combined with price Q1 FY27 Q1 FY27 Q1 FY27 increments, supported revenue 28,771 30.4% growth and gross profit margin Group Revenue Composition (YoY Growth across segm
Slide 5: Sector Performance Summary
SECTOR PERFORMANCE SUMMARY Q1 FY27 3m Performance Q1 FY27 vs Q1 FY26 Slide 5 Revenue Walk (LKR Mn) EBITDA Walk (LKR Mn) Earnings Walk (LKR Mn) 296 88 0 28,771 28,526 2,628 1,192 503 183 2,258 172 (336) 39 (51) (642) (176) 937 (205) (72) 10 (189) Q1 Life Consumer Q1 Q1 Life Consumer Q1 Q1 Life Consum
Slide 6: Life Sciences Outlook
LIFE SCIENCES Pharma Manufacturing & Distribution Q1 FY27 Slide 6 Revenue (LKR Mn) Q1 FY26 Q1 FY27 YoY 16,750 GP margin 16.9% 15.6% (1.3%) EBITDA margin 8.7% 7.0% (1.7%) 16,108 (3.8%) Earnings margin 4.9% 4.0% (0.9%) Operational Performance and Outlook Q1 FY26 Q1 FY27 ▪ Mori branded volumes grew 50%
Slide 7: Consumer Brands Outlook
CONSUMER BRANDS Home and Personal Care – Sri Lanka & International + Learning Q1 FY27 Slide 7 Revenue (LKR Mn) Q1 FY26 Q1 FY27 YoY 9,090 GP margin 42.0% 41.2% (0.8%) EBITDA margin 10.4% 7.5% (2.9%) 8,587 5.9% Earnings margin 7.6% 5.1% (2.5%) Operational Performance and Outlook Q1 FY26 Q1 FY27 HPC SL
Slide 8: Hospitals Outlook
HOSPITALS Q1 FY27 Slide 8 Revenue Q1 FY26 Q1 FY27 YoY (LKR Mn) 2,987 GP margin 49.3% 48.6% (0.7%) EBITDA margin 20.2% 19.5% (0.7%) 2,691 Earnings margin 9.0% 8.4% (0.6%) 11.0% Operational Performance and Outlook Q1 FY26 Q1 FY27 ▪ Cath Lab admissions grew 84% YoY Q1 FY27 EBITDA (LKR Mn) ▪ Medical adm
Slide 9: Mobility
MOBILITY Q1 FY27 Slide 9 Revenue (LKR Mn) Maritime 583 Aviation (Forbes Air Services) (Evergreen) YoY Passenger Pax TEUs Growth Cargo Growth Growth 495 17.8% Q1 FY27 28.5% (19.7%) (35.4%) Q1 FY26 Q1 FY27 EBITDA Operational Performance and Outlook (LKR Mn) 488 305 ▪ Evergreen gained market share, wit
Slide 10: Momentum in Share Performance
MOMENTUM IN SHARE PERFORMANCE Compared against Market Q1 FY27 Slide 10 Q1 FY27 share performance HHL against broad market indices 13.70% ASPI FY26 Q1 FY27 S&P SL20 11.10% Price to Earnings 9.9x 11.0x 7.80% Market Capitalisation 7.30% 88,681 98,568 (in LKR Mn) 5.70% 5.10% Market Capitalisation 281 29
Slide 11: Sustainability
SUSTAINABILITY Q1 FY27 Slide 11 ENVIRONMENTAL AGENDA & IMPACT HEMAS OUTREACH FOUNDATION Q1 FY27 Update GOAL Our Purpose: Our aim is to help disadvantaged children across the island to provide world-class pre-school education and improve the lives of differently-abled children with high-quality thera
Slide 12: Macro Economic Impact
MACRO ECONOMIC IMPACT Q1 FY27 Slide 12 MACRO FACTOR IMPACT LKR depreciation approx. 11% in Q2 FY26 thus far vs Q2 FY25 ▪ Price increments across imported pharma and HPC portfolio to partly mitigate impact of higher material costs Currency ▪ JV USD denominated borrowing costs expected to rise YoY ▪ M
Slide 13: Hemas Holdings PLC acquires 75% of Twiga Stationers & Printers Limited, Kenya
Q1 FY27 Slide 13 Hemas Holdings PLC acquires 75% of Twiga Stationers & Printers Limited, Kenya August 2026
Slide 14: Nairobi, Kenya
NAIROBI, KENYA Q1 FY27 Slide 14
Slide 15: Two Rivers Mall, Ruaka Village Market, Westgate Shopping Mall
Q1 FY27 Slide 15 Two Rivers Mall, Ruaka Village Market Westgate Shopping Mall Naivas FoodMarket
Slide 16: Strategic Rationale: East African Consumer Brands entry
Strategic Rationale: East African Consumer Brands entry… Q1 FY27 Slide 16 01 The Kenyan 02 The Stationery Opportunity 03 Kenya isn’t just a destination, it is Opportunity an East African regional hub A relatively stable economy; real GDP Kenyan stationery market • Regional GDP growth projected at 5.
Slide 17: Strategic Rationale: Strategic Fit for Hemas
Strategic Rationale: Strategic Fit for Hemas… En route to growing learning segment to USD 100 Mn Q1 FY27 Slide 17 01 Expand addressable market Beyond the 22 million Sri Lankan population for growth 02 Diversification Hedge against single market risk Hence, move to Group’s strategic ambition of gener
Slide 18: Kenya Stationery Market
Kenya Stationery Market Q1 FY27 Slide 18 Industry Size (USD Mn) Twiga Market Share 500.0 34.6 FY23 FY24 FY25 FY26 32.2 33.9 30.7 33.0 30.6 31.2 Books 55.7% 36.0% 41.9% 28.4% 30.0 50.6 400.0 48.6 49.5 47.7 Office 10.2% 6.1% 7.4% 6.0% 80.5 79.6 80.0 79.2 Pens 0.3% 0.4% 0.4% 0.4% 300.0 100.8 Pencils 1.
Slide 19: Twiga Stationers & Printers Limited
Twiga Stationers & Printers Limited… Q1 FY27 Slide 19 60 #1 91% 10 years countries Business Legacy Market Leader in Exercise Export Reach Books in Kenya Brand Awareness in Kenya Product Range Brand Portfolio Flagship brand CROWNBIRD ENVOY KASUKU
Slide 20: Twiga Stationers & Printers Limited
Twiga Stationers & Printers Limited… Q1 FY27 Slide 20 01 Facilities located in Industrial Zone outside of 02 Established Operations Nairobi • Manufacturing facility: ~290,000 sqft • Manufacturing capacity: 38,000 MT (345 Mn books @ 65% utilization) • Domestic and regional distribution reach [~10 reg
Slide 21: Twiga Export Potential
Twiga Export Potential Q1 FY27 Slide 21 Country Population D. R. Congo 112.8 Mn Tanzania 70.5 Mn Uganda 51.4 Mn East African Community South Sudan 14.7 Mn (EAC) bloc Somalia 19.7 Mn Rwanda 14.6 Mn Burundi 14.4 Mn Ethiopia 135.5 Mn Mozambique 35.6 Mn Reach in Africa, Malawi 22.2 Mn D.R. beyond EAC Co
Slide 22: Transaction Overview
Transaction Overview Q1 FY27 Slide 22 Term Detail 75% stake for USD 16.2 Mn Consideration [USD 22Mn for 100%] Funding Foreign currency borrowing, repaid over 3.5 years Implied valuation Normalised forward P/E: 11.3x [FY25] Balance 25% stake, exercisable in 2 years, with floor value at Put option cur
Slide 23: Twiga Financial Performance
Twiga Financial Performance Normalised for post acquisition changes Q1 FY27 Slide 23 REVENUE USD Mn FY25 ending April 30, 2025 represents a normalized FY25 performance year. 38.23 EBITDA MARGIN EBITDA adjusted for rental and other acquisition related costs FY25 7.9% EARNINGS MARGIN Earnings adjusted
Slide 24: Value Creation Plan
Value Creation Plan Differentiate, Expand, Strengthen, Scale Q1 FY27 Slide 24 How What Why Near Term Medium –Long Term 1 ▪ Design differentiation to improve Driving value in perceived quality Books & winning ▪ Reduced differentiation ▪ Strengthen value-for-money N/A back lost Market leads to substit
Slide 25: From Diligence to Delivery: Hemas' Path to Winning in Kenya
From Diligence to Delivery: Hemas' Path to Winning in Kenya Q1 FY27 Slide 25 Extensive knowledge of economy, Support from sellers Team on the ground 01 market & business ▪ Trusted partner, with a relationship ▪ MD - Asitha Samaraweera ▪ Through due diligence process on built over 3 years ▪ (lead Atl
Slide 26: Our Atlas Axillia Track Record
Our Atlas Axillia Track Record Q1 FY27 Slide 26 REVENUE OPERATING PROFIT EARNINGS THE 8 YEAR 01 7.4% 11.8% 15.8% ATLAS JOURNEY 1.8X CAGR 2.4X CAGR 3.2X CAGR
Slide 27: Q & A Segment
Q1 FY27 Slide 27 Q & A Segment
Slide 28: Disclaimer
Q1 FY27 Slide 28 Disclaimer The material in this presentation has been prepared by Hemas Holdings PLC (“Hemas”) and is general background information about Hemas’ activities current as at the date of this presentation. This information is given in summary form and does not purport to be complete. In