Slide 1: Regulation 30 AGM presentation filing letter
________________~POLYPLE)( September 29, 2021 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 Mu
Slide 2: 2021 Annual General Meeting of Shareholders
Polyplex Corporation Limited 2021 Annual General Meeting of Shareholders September 29, 2021
Slide 3: Polyplex At a Glance
Polyplex At a Glance Years 33 High level of expertise, especially in PET Film production, with Of Experience in-house R&D continuously seeking to provide innovative in Plastic Films solution to customers #1 In BOPET Film Production in SEA The preferred provider across regions #7 Global BOPET Thin Fi
Slide 4: Polyplex: At a Glance
Polyplex: At a Glance India Rating & Research IND AA- (Stable Outlook) Q1 21-22 Highlights FY 20-21 Highlights 1,436 Cr +11% +24% 4,903 Cr +10% Sales Revenue# QoQ YoY Sales Revenue# YoY 328 Cr +13% +10% 1,270 Cr +35% Normalized EBITDA* Normalized EBITDA* (23% EBITDA Margin) 35bps -308bps (26% EBITDA
Slide 5: Polyplex Journey so far: Ability to identify & capitalise on opportunities
2019 2022/2023 New PET Film line TMP in India in USA Polyplex Journey so far: Ability to identify & capitalise on opportunities Started manufacturing in Indonesia 2014 Expansion of Coating and Holography Started Offline Chemical business in India Coated operations in Turkey & India 2012 2008 First Sil
Slide 6: Success Enablers
Success Enablers Global leadership position with industry leading scale & cost Strong financial & operational track record Continuous and high growth in demand Stable earning across business cycles Business Outlook and Sustainability Stable & proven Management team !5
Slide 7: Global Leadership
Global Leadership Unique model of on-shore, off-shore and near-shore manufacturing Preferred strategic partner in flexible packaging - the largest and fastest growing segment in PET film 500 Global #7 in Thin PET Film* 375 Polyplex By Capacity Poland (KMTPA) Netherlands Italy Korea 250 Japan USA Turk
Slide 8: Global Presence & Portfolio
Global Presence & Portfolio Operating company-wise breakup of sales Business segment-wise breakup of sales Q1 FY 21-22 Q1 FY 21-22 3% 3% 3% 2% 10% 3% 26% 6% 18% 10% 59% 14% 24% 19% Thin PET Film Coated Film Polyplex USA Polyplex India OPP Thick PET Film Polyplex Thailand Polyplex Turkey (PE+PP) CPP/
Slide 9: Industry leading scale & vertical integration
Industry leading scale & vertical integration Resin Base Films Value Added Films PET Film Resin Recycled Resin# PET Thin PET Thick BOPP CPP Blown PP Metallized Holography Coated TMP (MT) (MT) (MT) (MT) (MT) (MT) (MT) (MT) (MT) (Million SQM) (Million SQM) 00 7 55,000 35,000 3, 4,080 257 83 India 77,6
Slide 10: Industry leading cost structure
Industry leading cost structure Polyplex CUF vs Industry (Thin PET Film) Enhancing Operational Excellence Industry leader with near 100% 99% 100% 99% 99% 2,30,000 95% 100% Capacity Utilization through • Implementing Kaizens to business cycles improve productivity and 82% 81% 81% 79% business process
Slide 11: EBITDA
EBITDA Normalised EBITDA* - Trend 1400 1050 1,312 INR Crores 700 1,270 944 801 350 588 Q1 328 Q1 0 17-18 18-19 19-20 20-21 21-22 Annualised * Normalised EBITDA: EBITDA excluding impact of unrealised FX gains/(losses) on long term loans Reported EBITDA % v/s Normalised EBITDA % - Trend 26% 26% 23% 26
Slide 12: Global Demand Growth
Global Demand Growth 6,000 Retail format & 4,500 E-commerce Increasing Improving Environmental 3,000 5,359 Quality of Life 4,530 4,788 5,064 Awareness 3,943 4,101 4,270 PRIMARY 1,500 GROWTH Increasing DRIVERS Population 2018 2019 2020 2021F 2022F 2023F 2024F Consumerism Growth Global Thin PET Demand
Slide 13: Value Chain
Value Chain NATURAL BASIC RAW PLASTIC & INTERMEDIATE RESOURCES PETROCHEMICALS MATERIALS PRODUCTS Ethylene MEG Packaging & Industrial Customers Film Grade PET Coating Natural Gas Resin Paraxylene PTA Base Films Metallizing Transfer/Direct Polypropylene/ PP/PE Resin Holography Metallized Polyethylene
Slide 14: 71% Packaging
Product Applications Food Personal Care - Health & Hygiene Retort Pouch Susceptor Film Easy Peeling Lids Healthcare Products Liquid Packaging 71% Packaging Wafer Bag Rice Bags Coffee Pouch Air Freshener Carton Packaging Soup Powder Meat Wrap Candy Wrap Mosquito Mat Wet Wipes Label Frozen Food Baby Fo
Slide 15: 29% Industrial
Product Applications Electrical & Electronic Building & Construction Countless Others Solar Panel Wire and Cable Motor Insulation PP Liner Shingle Liner FRP Protection Film Floor Heating Film Back sheets Overwrap 29% Industrial Flexible Circuits MTS Keypads ESD Bags Flexible Ducts Window Film Face S
Slide 16: Strong R&D Capability
Strong R&D Capability A separate R&D department 13 dedicated personnel in Focus on providing innovative registered with the Corporate R&D supplemented by solutions to customers. Department of Scientific and local technical service and R&D Collaborative Research with Industrial Research (DSIR), team
Slide 17: VA Stability
VA Stability PCL VA v/s China VA v/s Crude 75 75 Stable VA despite crude price volatility 69 69 69 63 62 63 61 $/Barrel 50 $/Kg 43 1.17 44 1.09 1.11 1.00 1.01 1.03 1.00 0.95 0.97 0.97 0.99 0.97 0.98 0.92 0.93 30 0.72 0.75 0.71 0.68 0.70 0.61 0.65 0.56 0.60 0.54 0.50 Q1 18-19 Q2 18-19 Q3 18-19 Q4 18-
Slide 18: Industry Outlook
Industry Outlook OUTLOOK Expected Total Capacity in the Industry • Approx.1.79 Million Tons of Capacity (more than 61% in China) to be further added in Thin PET by BOPET Thin Film 2024 globally Unit:KMT • Changing cost dynamics may result in closure/underutilization of older lines A G R * • Constant
Slide 19: Growth Plans
Growth Plans Capital Cost Benefits related to on-going Other Projects: Projects Location Likely Start Up (In USD million) 1.Expansion of product portfolio Brownfield - BOPP Indonesia 52 Expected Soon Brownfield - BOPET USA 83 H2 2022-23 2.De-bottlenecking of existing film lines Other Projects India
Slide 20: Grow Sustainable Business Line
Grow Sustainable Business Line Introduce Sustainable Products and Adopt Sustainable Process In response to global concern over plastic use and develop sustainable business, Polyplex aims to continue introducing sustainable plastic products and transform the business process to be more environmentall
Slide 21: Healthy Work Environment
Healthy Work Environment • Professional, highly qualified and experienced leadership team • Stable management team with almost zero attrition over the last several years • Strong Value system - SCORE Seamlessness, Care, Ownership & Responsibility and Excellence • Focus on Empowerment & Inclusiveness
Slide 22: 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 23: 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 BSE (scrip code) : 524051 Fax:+91.120.2443723 & 24 Symbol : PTL NSE (symbol) : POLYPLEX Included in SET 100 ISIN : INE633B01018 Polyplex India Polyplex Thailand !22