Investor Presentation

CB-022-MS An ISO 9001 : 2015 Company ~® bHANsAli ENGiNEERiNG polyMERs liMiTEd CIN: L27100MH1984PLC032637 Registered Office : 301 & 302, 3rd Floor, Peninsula Heights, C. D. Barfiwala Road, Andheri (West), Mumbai -400 058. Tel.: (91-22) 2621 6060/61/62/63/64 •E-mail : abstron@bhansaliabs.com •Website : www.bhansaliabs.com BEPL/SEC/2026/226 20th July, 2026 To, To, BSE Limited, The National Stock Exchange of India Ltd., Corporate Relationship Department, Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Mumbai - 400 001 Bandra (East), Mumbai - 400 001 Security Code: 500052 Security Code: BEPL Sub: Investor Presentation for the quarter ended 30th June, 2026. Dear Sir /Madam, Please find enclosed investor presentation for quarter ended 30th June,-2026. The same is being uploaded on the Website of the Company at www.bhansaliabs.com. Kindly take the same on record. Thanking you, Yours faithfully, For Bhansali Engineering Polymers Limited Ashwin M. Patel Company Secretary and GM (Legal) Encl: As above Satnoor Plant : Bhansali Nagar, Taluka -Sausar, Dist. Chhindwara, Madhya Pradesh -480 108. Tel.: (07165) 226376/77/78/79 •E-mail : beplchw@bhansaliabs.com Abu Road Plant : Plot No. SP-138-143, Ambaji Industrial Area, Abu Road, Dist. Sirohi (Rajasthan) -307 026. Tel. : (02974) 226781/82/83/84 •E-mail : beplabr@bhansaliabs.com Bhansali Engineering Polymers Limited Investor Presentation: Q1 FY27 CONTENTS 01 02 03 04 Company Performance Investment Moats Overview Update Rationale 05 06 Industry Select Financial Overview Information About Us • Bhansali Engineering Polymers Limited is India’s leading manufacturer of Acrylonitrile 2 75,000 Butadiene Styrene (ABS) and Styrenic Resins, with a strong legacy since 1984. MTPA • Established as a pioneer in international-quality ABS, with a consistent focus on State of the Art Manufacturing Facilities Installed Capacity operational efficiency and cost leadership, among the lowest-cost ABS producers in India, with quality standards at par with global benchmarks. 80+ 1 • Operates two manufacturing facilities at Abu Road (Rajasthan) and Satnoor (Madhya Pradesh), supported by an in-house R&D centre at Abu Road. Variants of ABS & Specialty Polymers R&D Centre • Strategic joint venture with Nippon A&L Inc., Japan, strengthening technology, expanding product portfolio, and reinforcing BEPL’s position as a key indigenous 404+ ~645+ player. • Diversified portfolio of high-performance engineering polymers catering to Employees Across Manufacturing Operations Cumulative Dividend Payout* automobiles, consumer durables, electronics, healthcare, and kitchenware. • Manufacturing operations backed by robust quality systems, with ISO 9001:2015 certification, ensuring consistency and reliability. Vision Mission • Strong focus on innovation, sustainability, and delivering customer-centric, application-specific solutions in a timely manner. • Attain excellence by continuously • To be the lowest-cost ABS producer in developing and delivering high-quality India with quality standards at par with Diversified end users products and services. global benchmarks. • Exceed customer expectations through • Strengthen organizational capabilities to innovative product offerings. effectively respond to evolving market • Build sustainable value for all challenges. stakeholders. • Drive continuous improvement and • Operate as a value-driven organization. operational efficiency through focused Automobiles Home Appliances Electronics Health Care Kitchenware HR and process development. *Cumulative dividends distributed since FY 2021-22. Journey So Far Incorporated and listed on stock exchanges, enabling early Acquired a Achieved Expanded Ongoing ~₹ 200 capital access manufacturing recognition for capacity to 75 crores capex for facility in Abu quality excellence KMTPA debottlenecking Initiated Road at the existing collaborations plant, increasing and launched capacity to flagship brand 100 KMTPA ABStron 1984–90 1999–03 2011–12 2015–16 2024-27 1995–96 2004–06 2013–14 2017–19 Undertook initial Commissioned Entered JV with Strengthened capacity Abu Road plant Nippon A&L Inc. market leadership expansion and implemented and set up R&D ERP systems centre at Abu Road CONTENTS 01 02 03 04 Company Performance Investment Moats Overview Update Rationale 05 06 Industry Select Financial Overview Information Performance Update & Management Commentary – Q1 FY27 Capacity (Metric Ton Per Annum) Financial Highlights • Revenue from operations increased by +53.3% YoY in Q1 FY27 to ₹ 472.2 crores, from ₹ 307.9 crores in Q1 FY26. 1,00,000 • EBITDA increased by 44.5% YoY in Q1 FY27 to ₹ 92.3 crores, from ₹ 63.9 crores in Q1 FY26, with margins at 19.2% for Q1 FY27 as compared to 20.0% in Q1 FY26. • PAT increased by 42.9% YoY in Q1 FY27 to ₹ 65.6 crores, from ₹ 45.9 crores in Q1 FY26, with 75,000 margins at 13.6%; for Q1 FY27 as compared to 14.4% in Q1 FY26. Business Updates 51,000 48,000 & Management Commentary • Capacity expansion from 75,000 MTPA to 100,000 MTPA, with commissioning targeted by 30,000 27,000 September, 2026. • Capex of ~₹ 200 crore, fully funded through internal accruals, reflects strong balance sheet, 7,500 financial discipline, and robust free cash flow generation. • Optimal utilisation of expanded capacity expected by end of FY28. 1990 2001 2002 2003 2010 2015 2027E Performance Snapshot – Q1 FY27 ₹ 472.2 crores ₹ 168.1 crores in FY26 Revenue from Operations Cashflow from Operations (+53.3% y-o-y) (vs 108.7 in FY25) ₹ 92.3 crores 19.2% margin EBITDA1 EBITDA Margin1 (+44.5% y-o-y) (-86 bps y-o-y) ₹ 65.6 crores 13.6% margin Profit After Tax (PAT) PAT Margin1 (+42.9% y-o-y) (-76 bps y-o-y) 42.9% in FY26 32.6% in FY26 RoCE*2 RoE*3 (vs 43.3% in FY25) (vs 33.4% in FY25) ₹ 24.9 crores in Q1 FY27 0.0x Dividend Payout Gross Debt/Equity (vs 99.5 crores in FY25) (vs 0.0x in FY25) 1. EBITDA includes other income \ 2. Return on Capital Employed | 3. Return on Equity | *The metrics exclude excess cash and financial borrowings from the capital base and excludes the impact of non-operating income, providing a more accurate assessment of the company's core operating performance. CONTENTS 01 02 03 04 Company Performance Investment Moats Overview Update Rationale 05 06 Industry Select Financial Overview Information Product Portfolio ABS - Acrylonitrile Butadiene Styrene ASA - Acrylonitrile Styrene Acrylate • ABS is a terpolymer engineering thermoplastic produced by the polymerization of • ASA (Acrylonitrile Styrene Acrylate) is a weather-resistant engineering thermoplastic, three monomers: Acrylonitrile, Butadiene, and Styrene. developed as an advanced alternative to ABS, Produced through the polymerization • Acrylonitrile (A) enhances chemical resistance and surface hardness, improving of three monomers: Acrylonitrile, Styrene, and Acrylate. durability in demanding environments. • Acrylonitrile (A) provides chemical resistance and improves rigidity, ensuring • Butadiene (B) contributes significantly to impact strength and toughness, enabling structural stability. resistance to mechanical stress. • Styrene (S) enhances processability and delivers a superior surface finish, • Styrene (S) provides rigidity, processability, and a glossy surface finish, supporting contributing to aesthetic appeal. both structural and aesthetic requirements. • Acrylate ester (Acrylate rubber) imparts excellent UV resistance and weather stability, making ASA suitable for outdoor applications. Key Properties of ABS Key Properties of ASA • High impact resistance, making it suitable for applications requiring durability and • Exceptional UV resistance, making it highly suitable for prolonged outdoor exposure. shock absorption. • Strong weather resistance, maintaining performance under varying environmental • Good tensile strength, supporting structural integrity under load. conditions. • Retains toughness even at low temperatures, ensuring reliability across [Showing first 8,000 characters — download PDF for full document]