Containers & Packaging company EPL announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Revenue growth at 6.2%; Robust underlying business growth partially offset by negative pricing impact Strong EBITDA margin at 18.5% (+164bps YoY). EBITDA grew by 16.5% vs PY (6th straight quarter of strong double digit growth). Margin stable vs previous quarter despite seasonality. Underlying PAT excl exceptional items and one-off tax refund grew +22% YoY driven by EBITDA growth. However, reported PAT declined 73.5% due to exceptional items of Rs 605 million in Q4FY24 and one-off tax refund of Rs 165 million in Q4FY23. EBITDA growth resulting into marginally lower Net Debt/EBITDA at 0.84x vs 0.85x of PY Return on Capital employed increased to 14.7% with YoY increase of 148 bps FY24 Financial Highlights: Revenue growth at 6.0% for the year Strong EBITDA margin for FY24 at 18.2% (+202 bps YoY) . EBITDA grew by 19.2% YoY and PAT (excluding exceptional items) growth is 20.1% Result PDF
Conference Call with EPL Ltd. Management and Analysts on Q3FY24 Performance and Outlook. Listen to the full earnings transcript.