EPL Limited — PPTs, 08-05-2025: Investor Presentation

1. Financial Highlights:

EPL Limited posted revenue growth of 7.4% QoQ and 7.6% YoY, led by double-digit gains in the ‘Personal Care & Beyond’ segment. EBITDA rose 17.7% QoQ and 17.5% YoY, with margins up ~177bps to 20.3% for the quarter and 169bps to 19.9% for the year. Adjusted PAT surged 42.4% QoQ and 44.6% YoY on the back of cost efficiencies and operational leverage. Net debt/EBITDA improved to 0.54x from 0.84x, while ROCE advanced 335bps to 18%, underscoring balance sheet strength and capital efficiency.

2. Strategic Initiatives & Growth Drivers:

Focus remains on capacity expansions in Brazil and a new greenfield plant in Thailand, targeting growth in Beauty & Cosmetics. Organizational and backend investments aim to capture large and emerging market opportunities. The ‘Personal Care & Beyond’ segment now contributes 48% of tube revenue, outpacing Oral Care growth. Sustainability efforts, including increasing recyclable tube share to 33%, are key long-term drivers.

3. Business Developments:

Momentum continues from new business wins driven by innovation and sustainability. Next-gen products like Neo Seam tubes are being commercialized alongside expansion into Beauty & Cosmetics sub-segments. Brazilian operations are scaling capacity to meet demand, while supply chain automation and European restructuring efforts support efficiency gains.

4. Market Position & Competitive Advantage:

EPL holds a leading global position in laminated plastic tubes with top market share across major categories and regions. Strong ties with marquee FMCG and Pharma clients ensure stable growth. The company’s focus on automation, sustainable high-quality products, and agile supply chains differentiates it. An EcoVadis Gold rating and top 2% global sustainability ranking bolster its competitive stance.

5. Investor Implications:

Margin expansion, deleveraging, and capital efficiency highlight positive growth potential. Strategic concentration on high-growth segments, capacity buildup, and sustainability provide a solid platform for sustained double-digit growth. Execution risks linked to expansions and margin recovery remain, but the resilient business model and improving cost structure offer confidence going forward.