EPL Ltd
EPL Limited (formerly known as Essel Propack Limited),is the largest specialty packaging global company, manufacturing laminated plastic tubes catering to the Beauty & Cosmetics, Pharma & Health, Food, Oral and Home.
The company was acquired by the Blackstone group on Aug – 2019 from the Essel group of companies. The Blackstone Group is one of the leading investment firms in the world with an AUM of around USD 511 billion across sectors like private equity, real estate, hedge fund solutions and credit businesses. The Group also has an exposure in the packaging industry through acquisition of varied companies such as the USA based Graham Packaging, Owens-Illinois Inc, Ohio and China based packaging firm ShyaHsin. [1]
- Market Cap ₹ 8,305 Cr.
- Current Price ₹ 261
- High / Low ₹ 280 / 170
- Stock P/E 28.7
- Book Value ₹ 69.3
- Dividend Yield 1.71 %
- ROCE 15.1 %
- ROE 12.3 %
- Face Value ₹ 2.00
Pros
- Company has been maintaining a healthy dividend payout of 63.4%
Cons
- Stock is trading at 3.76 times its book value
- The company has delivered a poor sales growth of 7.67% over past five years.
- Company has a low return on equity of 12.1% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Packaging Industry: Packaging
Part of Nifty Microcap 250 BSE Industrials BSE Allcap Nifty Total Market BSE SmallCap
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,831 | 2,125 | 2,321 | 2,128 | 2,302 | 2,424 | 2,707 | 2,761 | 3,092 | 3,433 | 3,694 | 3,916 | 4,098 | |
1,517 | 1,770 | 1,929 | 1,723 | 1,880 | 1,960 | 2,208 | 2,204 | 2,481 | 2,864 | 3,119 | 3,201 | 3,319 | |
Operating Profit | 313 | 355 | 392 | 404 | 422 | 464 | 499 | 558 | 611 | 569 | 575 | 715 | 779 |
OPM % | 17% | 17% | 17% | 19% | 18% | 19% | 18% | 20% | 20% | 17% | 16% | 18% | 19% |
30 | 21 | 26 | 30 | 52 | 21 | 37 | 3 | -2 | 11 | 41 | 2 | 2 | |
Interest | 91 | 81 | 79 | 61 | 58 | 55 | 61 | 56 | 43 | 40 | 67 | 116 | 120 |
Depreciation | 126 | 126 | 132 | 123 | 141 | 167 | 186 | 230 | 235 | 251 | 280 | 333 | 338 |
Profit before tax | 126 | 169 | 206 | 251 | 274 | 263 | 289 | 275 | 331 | 289 | 268 | 268 | 323 |
Tax % | 35% | 34% | 30% | 31% | 29% | 34% | 32% | 23% | 26% | 23% | 14% | 22% | |
84 | 112 | 145 | 173 | 196 | 174 | 195 | 212 | 244 | 221 | 231 | 210 | 256 | |
EPS in Rs | 2.58 | 3.43 | 4.48 | 5.41 | 6.06 | 5.46 | 6.11 | 6.57 | 7.58 | 6.79 | 7.12 | 6.70 | 8.16 |
Dividend Payout % | 15% | 18% | 18% | 20% | 20% | 22% | 20% | 50% | 54% | 63% | 60% | 66% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 8% |
3 Years: | 8% |
TTM: | 7% |
Compounded Profit Growth | |
---|---|
10 Years: | 9% |
5 Years: | 6% |
3 Years: | 0% |
TTM: | 15% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 11% |
3 Years: | 9% |
1 Year: | 31% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 13% |
3 Years: | 12% |
Last Year: | 12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 31 | 31 | 31 | 31 | 31 | 31 | 63 | 63 | 63 | 63 | 64 | 64 | 64 |
Reserves | 913 | 674 | 752 | 933 | 1,008 | 1,219 | 1,325 | 1,470 | 1,635 | 1,761 | 1,926 | 2,028 | 2,143 |
962 | 1,024 | 962 | 709 | 798 | 734 | 632 | 737 | 642 | 769 | 890 | 912 | 846 | |
265 | 362 | 365 | 334 | 412 | 452 | 492 | 526 | 654 | 670 | 723 | 767 | 940 | |
Total Liabilities | 2,172 | 2,093 | 2,110 | 2,008 | 2,250 | 2,437 | 2,513 | 2,796 | 2,994 | 3,264 | 3,601 | 3,771 | 3,992 |
1,132 | 898 | 887 | 924 | 1,179 | 1,184 | 1,307 | 1,364 | 1,531 | 1,473 | 1,694 | 1,912 | 1,932 | |
CWIP | 48 | 36 | 89 | 57 | 19 | 42 | 41 | 35 | 27 | 147 | 178 | 72 | 84 |
Investments | 46 | 45 | 46 | 30 | 15 | 13 | 17 | 16 | 15 | 7 | 19 | 8 | 6 |
945 | 1,114 | 1,088 | 996 | 1,036 | 1,198 | 1,147 | 1,381 | 1,421 | 1,636 | 1,711 | 1,780 | 1,970 | |
Total Assets | 2,172 | 2,093 | 2,110 | 2,008 | 2,250 | 2,437 | 2,513 | 2,796 | 2,994 | 3,264 | 3,601 | 3,771 | 3,992 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
169 | 257 | 313 | 361 | 369 | 343 | 356 | 471 | 522 | 312 | 602 | 586 | |
-59 | -213 | -145 | -46 | -279 | -156 | -188 | -108 | -278 | -266 | -412 | -361 | |
-107 | -33 | -168 | -320 | -76 | -154 | -194 | -142 | -319 | -95 | -138 | -263 | |
Net Cash Flow | 4 | 11 | 0 | -5 | 13 | 34 | -25 | 221 | -75 | -50 | 52 | -37 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 60 | 63 | 59 | 57 | 60 | 69 | 67 | 65 | 70 | 68 | 64 | 65 |
Inventory Days | 85 | 79 | 74 | 79 | 89 | 101 | 101 | 116 | 117 | 143 | 133 | 144 |
Days Payable | 48 | 64 | 52 | 51 | 53 | 66 | 65 | 112 | 119 | 109 | 109 | 125 |
Cash Conversion Cycle | 97 | 78 | 82 | 85 | 95 | 104 | 103 | 70 | 67 | 102 | 87 | 85 |
Working Capital Days | 70 | 61 | 63 | 79 | 64 | 66 | 66 | 52 | 65 | 82 | 70 | 69 |
ROCE % | 11% | 14% | 16% | 18% | 17% | 17% | 17% | 16% | 17% | 13% | 12% | 15% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 19 Nov
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
14 Nov - Transcript of Q2 FY25 conference call for EPL Limited.
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
14 Nov - W.R.T. allotment of shares pursuant to exercise of Stock Options, is enclosed herewith.
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Issuance, Allotment And Listing Of Commercial Paper Amounting To Rs. 80 Crores
13 Nov - Issuance and allotment of Rs. 80 crores Commercial Paper.
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Announcement under Regulation 30 (LODR)-Updates on Acquisition
12 Nov - EPL Limited acquires 46,048 equity shares of CMAPL.
Annual reports
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Financial Year 2024
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Financial Year 2021
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Concalls
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Nov 2024Transcript PPT
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Nov 2018TranscriptNotesPPT
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Jul 2018TranscriptNotesPPT
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Apr 2018TranscriptNotesPPT
Global Footprints[1]
The company is the world's largest global specialty packaging company with annual capacity of ~8 billion Tubes with manufacturing units operating across USA, Mexico, Colombia, Brazil, Poland, Germany, Egypt, China, Philippines and India.