Pyramid Technoplast Ltd. · NSE:PYRAMID
Pyramid Technoplast — Q2 FY27 Earnings Presentation
41 slides from Pyramid Technoplast's earnings presentation, Nov 6, 2026
Slide 1: Covering letter to stock exchanges
SEC: 58/2026-27 Date: November 06, 2026 National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, 5th Floor, 1st Floor, New Trading Ring, Plot No. C/1, G Block, Rotunda Bldg., P. J. Towers, Bandra- Kurla Complex, Dalal Street, Fort, Bandra (East), Mumbai – 400 051 Mumbai 400 001 Symbol: PYRA
Slide 2: Pyramid Technoplast Ltd. Q2FY27 Investor Presentation
PYRAMID TECHNOPLAST LTD. Q2FY27 Investor Presentation November 2026
Slide 3: Safe Harbor
This presentation and the accompanying slides (the “Presentation”), which have been prepared by Pyramid Technoplast Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, a
Slide 4: Index
Index Business Overview & Strategic Highlights Q2FY27 & H1FY27 Performance Financial Overview Annexure 3
Slide 5: Company Overview
Company Overview Founded in 1997, Pyramid is a prominent industrial packaging company known for 01 our polymer-based molded products Specialize in rigid Intermediate Bulk Containers (IBCs), Polymer Drums 02 and Mild Steel Drums used by the chemical, agrochemical, specialty chemical, and pharmaceutic
Slide 6: Pyramid Technoplast: At a glance
Pyramid Technoplast : At a glance 26 Years of 9 Excellence in bulk Manufacturing Pan-India 500+ facilities at Strategic Presence Satisfied customer Industrial Packaging locations Solutions 83,914 MTPA 99 500+ Production Capacity Fleet of Trucks Workforce We Offer: • Polymer Drums 32% 17% 0.67x Reven
Slide 7: Execution Timeline – Capacity & Efficiency Projects
Execution Timeline – Capacity & Efficiency Projects Most of the efficiency capex is commissioned; the next milestones are Kutch and the subsidy sanctions Oct 3, 2025 Feb 2026 Q1FY27 Mar 2027 Recycling plant +5 MW solar at Wada at 70–77% Kutch IBC plant (Unit 9) Bharuch utilisation commissioning comm
Slide 8: Volumes recovered in Q2; utilisation back to 70%
Volumes recovered in Q2; utilisation back to 70% and per-tonne profit up 33% YoY Operating at a Current Utilization of 70% EBITDA per tonne: up 33% YoY in Q2FY27 Quarterly Capacity (MTPA) (₹/tonne) Q2FY25 Q2FY26 20993 19,518 13718 15,572 14798 10082 10326 12,197 10,322 Q2FY25 Q2FY26 Q2FY27 Q2FY25 Q2
Slide 9: Strategic Update - Executing for Scale, Efficiency & Profitability
STRATEGIC UPDATE - EXECUTING FOR SCALE, EFFICIENCY & PROFITABILITY Strategic investments strengthening the manufacturing footprint and enhancing long-term returns 1 KUTCH EXPANSION ON TRACK 2 GOVERNMENT SUBSIDY APPROVAL New plant in KUTCH to accelerate capacity, improve reach and drive future growth
Slide 10: Wada update: Plant in full swing
Wada update: Plant in full swing • Production across all three categories – HDPE, IBC & MS lines are in full swing. • Overall, the utilization is expected to reach ~80% during FY27. 1440 1238 Wada 905 400 200 Revenue Potential Phase 1 Phase 3 ( INR Cr.) HDPE IBC MS Drum 3-4 years Production Q2FY27 9
Slide 11: Solar power plant update
Green Energy Initiatives to further improve the financial performance – Solar power plant update 2nd February additional 5 MW commenced in Commission of 1 MW in Bharuch Bharuch in next phase Date of Commissioning : 6 MW Another 2.25 MW October 30th , 2025 capacity commenced in Maharashtra Date of Co
Slide 12: Recycling Plant Update
Commitment to sustainability, cost efficiency, and supply chain resilience – Recycling Plant Update Date of Commissioning : October 3rd , 2025 Key highlights of the plant: • Investment of ₹8–10 crores, with an attractive payback period of ~2-3 years, underscoring capital efficiency. • 5,000 MT annua
Slide 13: Strategic Roadmap for FY27
Strategic Roadmap for FY27 Action Plan for FY27 Expected Outcome 14.25 MW 11–12% Green Energy Remaining 1MW to be deployed Initiatives Improved cost efficiency (Cost reduction- Rs.15cr/yr. ) Operations in full swing Wada operating leverage & product mix Capacity Capex of INR 20-25 Cr to be deployed
Slide 14: Operating Leverage – Revenue Potential from Existing Capacity
Operating Leverage – Revenue Potential from Existing Capacity Capacity is already built: every 10 pp of utilisation adds ~₹135 Cr of revenue at current realisations Revenue potential at different utilisation levels of the existing 83,971 MTPA (₹ Cr) ₹1,351 Cr What drives the operating leverage ₹1,21
Slide 15: Q2FY27 & H1FY27 Performance
02 Q2FY27 & H1FY27 Performance
Slide 16: Q2FY27 Dashboard
Q2FY27 Dashboard Volume- and realisation-led growth; per-tonne profit up a third YoY Revenue EBITDA (incl. OI) PAT EBITDA margin ₹238.0 Cr ₹20.3 Cr ₹9.5 Cr 8.5% +48% YoY +61% YoY +54% YoY vs 7.8% Q2FY26 Volume Realisation EBITDA per tonne Utilisation 14,798 MT ₹1.61 lakh/t ₹13,718 70% +21% YoY +22%
Slide 17: Q2FY27 – Revenue grew 48% with PAT up 54% YoY
Q2FY27 – Revenue grew 48% with PAT up 54% YoY Higher volumes + realisations → EBITDA up 61% YoY; per-tonne profit eased from Q1's high Volume- and realisation-led topline growth; utilisation back to 70% • Revenue grew 48% YoY to ₹238 Cr, driven by both higher realisations (+22% YoY per tonne) and hi
Slide 18: Operational Performance
Operational Performance Value Volume Particulars UoM FY21 FY22 FY23 FY24 FY25 FY26 H1FY27 UoM FY21 FY22 FY23 FY24 FY25 FY26 H1FY27 Turnover Regular Business: Polymer Drums Rs. Cr 179 214 248 254 258 289 204 MT 15,930 16,636 16,811 18,934 20,385 23,057 11,262 MS Drums Rs. Cr 27 45 43 46 63 70 64 MT 1
Slide 19: Financial Highlights
Financial Highlights All amounts in Rs. Cr Revenue EBITDA and Margins (%) PAT and Margins (%) 238.8 21.3 10.5 20.3 9.5 223.5 9.5% 8.5% 4.7% 4.0% Q1FY27 Q2FY27 Q1FY27 Q2FY27 Q1FY27 Q2FY27 Revenue EBITDA and Margins (%) PAT and Margins (%) 9.5 238.8 20.3 161.5 6.2 12.6 7.8% 8.5% 3.8% 4.0% Q2FY26 Q2FY2
Slide 20: Q2FY27 & H1FY27 Performance
Q2FY27 & H1FY27 Performance All amounts in Rs. Cr Particulars Q2FY27 Q1FY27 QoQ Q2FY26 YoY H1FY27 H1FY26 YoY Revenue from Operations 238.0 222.5 7.0% 160.8 48.0% 460.5 324.6 41.9% Other Income 0.8 1.0 (25.5%) 0.7 13.6% 1.8 1.5 17.2% Total Income 238.8 223.5 6.8% 161.5 47.9% 462.3 326.1 41.7% Raw Mat
Slide 21: Q2FY27 Revenue Bridge
Q2FY27 Revenue Bridge All amounts in Rs. Cr Incremental revenue was driven by improved realisations (₹43.6 Cr) and volume and product-mix growth (₹24.9 Cr), led by MS drums and IBCs; trading income added ₹8.7 Cr. 20
Slide 22: Q2FY27 EBITDA Bridge
Q2FY27 EBITDA Bridge All amounts in Rs. Cr EBITDA rose ₹7.7 Cr YoY as higher total income (+₹77.3 Cr) more than offset higher raw-material costs (₹65.3 Cr) and other expenses (₹4.4 Cr). 21
Slide 23: Capex Trend and Outlook
Capex Trend and Outlook Capex* (Rs. Cr) Strategic Priorities Organic Growth & Green Energy Initiatives The planned outlay for FY27 stands at ~₹20-25 Cr 90 primarily for the Kutch expansion. Balance Sheet Strength 70 To fund capex from internal accruals and cash balance. Marginal increase in debt due
Slide 24: Financial Overview
03 FINANCIAL OVERVIEW _ Technoplast Ltd ‘Strong: Safe- Superior
Slide 25: Annual Performance
Annual Performance All amounts in Rs. Cr Particulars FY21 FY22 FY23 FY24 FY25 FY26 Revenue from Operations 313.5 400.4 480.0 532.4 591.3 680.9 Other Income 2.7 2.2 2.0 4.7 3.8 2.8 Total Income 316.2 402.6 482.0 537.2 595.1 683.8 Raw Material costs 229.8 298.7 362.9 402.8 449.5 497.8 Gross Profit 86.
Slide 26: Balance Sheet
Balance Sheet All amounts in Rs. Cr Equity & Liabilities FY22 FY23 FY24 FY25 FY26 H1FY27 Assets FY22 FY23 FY24 FY25 FY26 H1FY27 Equity 3.9 31.3 36.8 36.8 36.8 36.8 Non-Current Assets Reserves 71.3 76.0 185.4 212.5 239.9 258.0 Fixed Assets 51.8 69.2 106.5 157.9 232.6 232.6 Net Worth 75.2 107.2 222.2
Slide 27: Key Ratios (1/1)
Key Ratios (1/1) Net Debt* to Equity (In Times) Interest Coverage (In Times) 0.8 18.1 0.6 14.4 0.5 11.7 8.2 6.2 0.2 0.0 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 Note: *Cash and cash equivalents consists of cash, bank and current investments 26
Slide 28: Key Ratios (1/2)
Key Ratios (1/2) Current Ratio (In Times) Fixed Asset Turnover Ratio (In Times) 2.6 7.6 7.7 2.3 5.8 1.7 1.6 4.4 1.4 2.9 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 Fixed Asset Turnover Ratio= Revenue from Operations/ Average Total Fixed Assets 27
Slide 29: Key Ratios (1/3)
Key Ratios (1/3) Working Capital Cycle (In days) Earnings Per Share (In Rs.) 78 77 10.24 71 68 68 8.43 8.49 59 7.93 53 7.38 50 50 46 46 41 39 35 31 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 Creditors Day Inventory Days Debtors Day 28
Slide 30: Annexure
04 ANNEXURE _ PYRAMID
Slide 31: Our Journey
Our Journey 1997 1998 2003 Incorporation of Commenced production of Acquired majority shareholding in Company Polymer Drums at Silvassa. Company by Promoters and Promoter Group. 2011 Expansion of 2016 2014 2013 production of Commence production Achieved Turnover of Expansion of production Polymer Dr
Slide 32: Our Key Strengths
Our Key Strengths… Comprehensive Product portfolio Diverse Customer Base Offering complete bulk industrial packaging solutions Quality standard certification Strategic locations of & quality tests Manufacturing units 31
Slide 33: IBC Containers - Streamlining Logistics and Enhancing Efficiency
IBC Containers - Streamlining Logistics and Enhancing Efficiency • Pyramid Technoplast is a leading manufacturer of rigid Intermediate Bulk Containers (IBCs), specializing in the production of 1000-liter capacity IBCs. • With a strong focus on organization, mobility, and integration capabilities, ou
Slide 34: Plastic Barrels - Versatile Solutions For Industrial Packaging
Plastic Barrels - Versatile Solutions For Industrial Packaging • Pyramid Technoplast is engaged in the manufacturing of all types of plastic barrels, containers, and HDPE drums that are widely used for industrial and commercial applications. Their plastic drums and containers are supplied to chemica
Slide 35: MS Drums - Meeting Diverse Packaging Needs
MS Drums - Meeting Diverse Packaging Needs • Pyramid Technoplast serves as a one-stop shop for all your packaging needs, offering a wide range of drum options such as General- Purpose Metal drums, Epoxy Coated/Lacquered drums, Composite drums, Galvanized drums, and Open top drums. • The Company's IB
Slide 36: State Of The Art Manufacturing Facilities
State Of The Art Manufacturing Facilities Powering Innovation & Production Excellence Unit 1 Unit 2 Unit 4 Unit 3 Located in Vilayat Vagra GIDC L o c a t e d i n S i l v a s sa . L o c at ed i n S i l va ss a . L o c at ed i n V i l ay at V a g r a G I D C B h a r u ch . Bharuch I n s ta ll e d c a
Slide 37: Fully automated machines with advanced blow molding technologies
Fully automated machines with advanced blow molding technologies are utilized in the manufacturing process. Precision, Quality, National and international standard molds and dyes are Innovation used to ensure high-quality production. Empowering Manufacturing Excellence with Advanced Air Dryers to el
Slide 38: Certifications - Recognitions Of Quality & Global Compliance
Certifications - Recognitions Of Quality & Global Compliance Quality Certification Approved International TUV Certification of IBC International TUV Certification of IBC Pyramid Technoplast Pyramid Technoplast and certified From TUV Singapore From TUV Singapore IBC – Collection IBC – Collection by I
Slide 39: Diverse and Superior Customer Base
Diverse and Superior Customer Base Over 500+ Customers 38
Slide 40: Experienced Leadership Team and Board of Directors
Experienced Leadership Team Mr. Bijaykumar Agarwal Mr. Jaiprakash Agarwal Managing Director & Chairman Whole Time Director & CFO With over three decades of experience Master’s degree holder from ICFAI in the packaging industry, Mr. Agarwal University, Dehradun, Mr. Agarwal has over oversees finance,
Slide 41: Thank You
Pyramid Technoplast Limited Office No. 2, Second Floor, Shah Trade Center, Rani Sati Marg, Near W.E. Highway, Malad (East), Mumbai - 400 097, Maharashtra, India. Phone: +91 22 42761500 Email: [email protected] Website: www.pyramidtechnoplast.com Thank You Investor Relations Go India Adviso