Polyplex Corporation Limited

rs,

ast, Mumbai- 400 051 - Listing Department, The General Manager BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400 001 SYMBOL: POL YPLEX BSE Scrip Code: 524051 Dear Sir(s), Sub: Regulat

23%

ook) Q1 21-22 Highlights FY 20-21 Highlights 1,436 Cr Sales Revenue# 328 Cr Normalized EBITDA* (23% EBITDA Margin) +11% QoQ +24% YoY +13% +10% 35bps QoQ -308bps YoY 4,903 Cr Sales Revenue#

11%

ghts FY 20-21 Highlights 1,436 Cr Sales Revenue# 328 Cr Normalized EBITDA* (23% EBITDA Margin) +11% QoQ +24% YoY +13% +10% 35bps QoQ -308bps YoY 4,903 Cr Sales Revenue# 1,270 Cr Normalized

24%

-21 Highlights 1,436 Cr Sales Revenue# 328 Cr Normalized EBITDA* (23% EBITDA Margin) +11% QoQ +24% YoY +13% +10% 35bps QoQ -308bps YoY 4,903 Cr Sales Revenue# 1,270 Cr Normalized EBITDA* (26

13%

hts 1,436 Cr Sales Revenue# 328 Cr Normalized EBITDA* (23% EBITDA Margin) +11% QoQ +24% YoY +13% +10% 35bps QoQ -308bps YoY 4,903 Cr Sales Revenue# 1,270 Cr Normalized EBITDA* (26% EBITDA Ma

10%

,436 Cr Sales Revenue# 328 Cr Normalized EBITDA* (23% EBITDA Margin) +11% QoQ +24% YoY +13% +10% 35bps QoQ -308bps YoY 4,903 Cr Sales Revenue# 1,270 Cr Normalized EBITDA* (26% EBITDA Margin)

35bps

r Sales Revenue# 328 Cr Normalized EBITDA* (23% EBITDA Margin) +11% QoQ +24% YoY +13% +10% 35bps QoQ -308bps YoY 4,903 Cr Sales Revenue# 1,270 Cr Normalized EBITDA* (26% EBITDA Margin) +10% Y

308bps

nue# 328 Cr Normalized EBITDA* (23% EBITDA Margin) +11% QoQ +24% YoY +13% +10% 35bps QoQ -308bps YoY 4,903 Cr Sales Revenue# 1,270 Cr Normalized EBITDA* (26% EBITDA Margin) +10% YoY +35% 476

26%

4% YoY +13% +10% 35bps QoQ -308bps YoY 4,903 Cr Sales Revenue# 1,270 Cr Normalized EBITDA* (26% EBITDA Margin) +10% YoY +35% 476bps YoY # Excludes other operating revenues * Normalised EBITD

35%

-308bps YoY 4,903 Cr Sales Revenue# 1,270 Cr Normalized EBITDA* (26% EBITDA Margin) +10% YoY +35% 476bps YoY # Excludes other operating revenues * Normalised EBITDA: EBITDA excluding impact of un

476bps

bps YoY 4,903 Cr Sales Revenue# 1,270 Cr Normalized EBITDA* (26% EBITDA Margin) +10% YoY +35% 476bps YoY # Excludes other operating revenues * Normalised EBITDA: EBITDA excluding impact of unrealised

51%

ness Mix (Q1 21-22) Polyplex Group Structure^ America Europe Other Asia India RoW PCL (India)* 51% PTL (Thailand) 100% 100% 100% PE (Turkey) PU (USA) PFI (Indonesia) * Including Holding of S

Note

2

Note

• Industry CUF as per CY, Polyplex CUF as per FY (Q1 for FY’2021-22) • Industry CUF is based on internal estimates. For 2021, the numbers are considered upto H1 2021 !9 81%81%82%79%74%99%99%100%99%95%2,28,7882,03,4811,84,3001,76,74274%79%82%81%81%95%99%100%99%99%56,976 EBITDA s e r o r C R N I 1400 1050 700 350 0 Normalised EBITDA* - Trend 17-18 18-19 19-20 20-21 * Normalised EBITDA: EBITDA excluding impact of unrealised FX gains/(losses) on long term loans Reported EBITDA % v/s Normalised EBITDA % - Trend 26% 22% 18% 14% 10% Q1 Q1 21-22 Annualised 21% 20% 17-18 18-19 19-20 20-21 Q1 21-22 Reported EBITDA % to Sales Long term weighted average Reported EBITDA % Normalized EBITDA % to Sales Long term weighted average Normalized EBITDA % !10 16%18%21%26%23%15%20%19%26%20%1,2709448015881,312328 Global Demand Growth 6,000 4,500 3,000 1,500 2018 2019 2020 2021F 2022F 2023F 2024F Global Thin PET Demand Growth (KMTPA) Increasing Environmental Awareness Increasing Consumerism Retail format & E-c

Note

Includes Post Consumer Bottle Recycling Project (Ecoblue, Thailand) Brownfield BOPP Project (Indonesia) 10.4 Meter Line - 60 KTPA Film Capacity, 5 layer machine with inline coating Capex: 52 Million USD ✴Board Approved June’19 ✴20 Million USD funding Brownfield BOPET Project (US) 10.6 Meter Line - 50 KTPA Film Capacity, 650 mpm design speed Resin plant de-bottlenecking - increase in capacity from 58 KTPA to 86 KTPA Capex: 83 Million USD ✴Board Approved Sep’20 ✴25 Million USD funding ✴Start up - Expected Soon ✴Estimated Date of Start Up H2 2022-23 !18 Brownfield BOPP Project: • Expansion in BOPP segment will enable the Company broaden its product offering in the regional markets and also help mitigate certain risks on the sustainability front Brownfield BOPET Project: • This expansion would help tap into the growing shift towards local supply in regional markets and to pull market share away from imports • Move towards market leadership position in the USA with reduction in overall unit cost