Engro Polymer & Chemicals Limited · PSX:EPCL
Engro Polymer & Chemicals — Q4 2018 Earnings Presentation
8 slides from Engro Polymer & Chemicals's earnings presentation, 2019
Slide 1: Analyst Briefing Q4, 2018
wa ropolymer & chemicals ANALYST BRIEFING Q4, 2018 / bak ~
Slide 2: International Business Context
International Business Context • International PVC Price USD/Ton Q1 Q2 Q3 Q4 – In 4Q ’18 PVC prices received 1,200 support from low regional 1,000 inventory on account of 800 turnarounds 600 January September October November May December March April July February June August 2015 2016 2017 2018 • I
Slide 3: Ethylene, Crude oil and PVC
Ethylene, Crude oil and PVC • Analysis of ethylene and crude oil prices USD/Ton USD/bbl – Crude oil prices softened on 1,400 80 account of international 1,200 trade concerns, weakness in 1,000 55 global growth rates & higher 800 US production 600 30 Jun-18 Jan-18 Oct-18 Feb-18 Mar-18 Sep-18 May-18 A
Slide 4: Domestic Market Overview
Domestic Market Overview PVC Caustic – EPCL achieved its highest ever – Caustic soda remained stable in production & sales for a year 2018 – The Company posted a 9% – The Company posted a 2% volumetric growth on YoY basis volumetric growth on YoY basis 4
Slide 5: Business Highlights
Business Highlights (KT) 4Q 2018 4Q 2017 FY 2018 FY 2017 Caustic Domestic Market Share * Caustic Production 24 28 105 105 35% Caustic Domestic 22 22 86 83 65% EPCL Others PVC Domestic Market Share * (KT) 4Q 2018 4Q 2017 FY 2018 FY 2017 20% PVC production 50 45 203 187 VCM production 49 41 195 180 PV
Slide 6: Financial Summary
Financial Summary Rs. Mn 4Q 2018 4Q 2017 FY 2018 FY 2017 Total Revenue 9,747 7,431 35,272 27,731 Profit Before Tax 1,673 239 6,436 3,115 Profit After Tax 1,065 106 4,930 2,053 EPS 1.17 0.15 6.22 2.93 • In FY 2018, Company achieved an increase of 27% in revenue vs same period last year • The Company
Slide 7: Outlook for 1Q '19
Outlook for 1Q ‘19 • The Vinyl chain segment will continue to remain a function of PVC/Ethylene international dynamics • Caustic Soda market is likely to remain stable • The Company is on track to execute the projects and is hopeful to achieve the set timelines 7
Slide 8: Thank You
engro polymer & chemicals Thank You
Engro Polymer & Chemicals — Q4 2018 Earnings Presentation on 6ix