EPL2024-01-012024-03-31 EPL2024-01-012024-03-31 EPL2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member EPL2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member EPL2024-03-31 EPL2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue01Member EPL2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue02Member EPL2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue03Member EPL2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue04Member EPL2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue05Member EPL2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue06Member EPL2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue01Member EPL2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue02Member EPL2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue03Member EPL2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue04Member EPL2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue05Member EPL2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue06Member EPL2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults01Member EPL2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults02Member EPL2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults03Member EPL2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults04Member EPL2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults05Member EPL2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults06Member EPL2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults01Member EPL2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults02Member EPL2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults03Member EPL2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults04Member EPL2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults05Member EPL2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults06Member EPL2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets01Member EPL2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets02Member EPL2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets03Member EPL2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets04Member EPL2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets05Member EPL2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets06Member EPL2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member EPL2024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member EPL2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member EPL2024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member EPL2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities03Member EPL2024-03-31in-bse-fin:OneReportableSegmentLiabilities03Member EPL2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities04Member EPL2024-03-31in-bse-fin:OneReportableSegmentLiabilities04Member EPL2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities05Member EPL2024-03-31in-bse-fin:OneReportableSegmentLiabilities05Member EPL2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities06Member EPL2024-03-31in-bse-fin:OneReportableSegmentLiabilities06Member EPL2024-01-012024-03-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member EPL2024-01-012024-03-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member EPL2024-01-012024-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member EPL2024-01-012024-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500135 EPL NOTLISTED EPL Limited Equity 2023-04-01 2024-03-31 2024-05-28 2024-05-21 INR Millions Yearly 14:00:00 16:00:00 2024-05-28 2024-05-28 true Cash Flow Indirect Declaration of unmodified opinion Geographical 2024-01-01 2024-03-31 Audited Consolidated 10292000000.00 161000000.00 10453000000.00 4371000000.00 0.00 8000000.00 1990000000.00 321000000.00 850000000.00 2014000000.00 9554000000.00 899000000.00 -605000000.00 294000000.00 236000000.00 -84000000.00 152000000.00 0.00 142000000.00 0.00 0.00 0.00 9000000.00 151000000.00 -163000000.00 -12000000.00 223000000.00 -72000000.00 57000000.00 -69000000.00 637000000.00 2 0.70 0.70 0.00 0.00 0.70 0.70 0.00 0.00 0.00 4. EPL Limited (the 'Holding Company') and its subsidiaries are together referred to as 'the Group' in the following notes. The above consolidated financial results (the 'results') of the Group and its associate have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard ('Ind AS'), prescribed under section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting Standards) Rules, 2015 and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended). These results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 28 May 2024. 5. Figures for the quarters ended 31 March 2024 and 31 March 2023 are. the balancing figures between the audited figures in respect of full financial year and the published year-to-date figures upto the third quarter of the relevant financial year, which were subjected to limited review by the statutory auditors. 6. The Board of Directors of the Holding Company at its meeting held on 28 May 2024 has recommended a final dividend of Rs. 2.30 per equity share of Rs. 2 each fully paid up, subject to approval of shareholders at the ensuing shareholders meeting. 7. Exceptional items represent following: (i) Due to the ongoing economic situation in Egypt, the Egyptian government decided to significantly devalue the currency and get USO investments and aids. This resulted in EPL MISR for Advanced Packaging S.A.E., ( EPL MISR ), a subsidiary incorporated in Egypt, incurring foreign exchange loss (net) amounting to Rs. 465 million during the quarter and year ended 31 March 2024. (ii) Owing to restructuring of operations in Europe region, the Group has incurred a cost of Rs. 140 million during the quarter and year ended 31 March 2024. (iii) Tubopack de Colombia S.A.S, a wholly owned step down subsidiary registered in Colombia, completed its voluntary dissolution process on 30 June 2022. Exceptional loss of Rs. 11 million for the year ended 31 March 2023, represents exchange difference arising on translation of foreign operations of the above subsidiary, reclassified to the profit and loss in accordance with Ind AS 21 The effects of changes in foreign exchange rates . The operations in Colombia are being continued through one of the existing subsidiary namely Laminate Packaging Colombia S.A.S. 8. Pursuant to Employees Stock Option Scheme 2020, the Holding Company has granted 161,874 stock options during the quarter ended 31 March 2024. 9. During the quarter ended 31 March 2024, the Holding Company has allotted 9,403 equity shares of face value Rs. 2 each to option grantees upon exercise of stock options under the Holding Company's Employees Stock Options Scheme 2020. 10. Figures for the current year include financial performance of EPL Brasil LTDA, a wholly owned subsidiary company incorporated on 25 May 2022 in Brazil, which has become fully operational during the current financial year. 11. Amounts shown as '0' in the above results represent value less than Rupee one million. Geographical 2023-04-01 2024-03-31 Audited Consolidated 39161000000.00 594000000.00 39755000000.00 17055000000.00 0.00 -485000000.00 7725000000.00 1156000000.00 3328000000.00 7723000000.00 36502000000.00 3253000000.00 -605000000.00 2648000000.00 651000000.00 -69000000.00 582000000.00 0.00 2066000000.00 0.00 0.00 0.00 35000000.00 2101000000.00 176000000.00 2277000000.00 2132000000.00 -31000000.00 2295000000.00 -18000000.00 637000000.00 2 20278000000.00 6.70 6.68 0.00 0.00 6.70 6.68 0.00 0.00 0.00 Other expenses 2014000000.00 Other expenses 7723000000.00 -9000000.00 17579000000.00 679000000.00 1159000000.00 381000000.00 41000000.00 76000000.00 0.00 0.00 143000000.00 143000000.00 376000000.00 1188000000.00 21622000000.00 6558000000.00 0.00 6953000000.00 2014000000.00 59000000.00 2000000.00 118000000.00 9146000000.00 761000000.00 16465000000.00 38087000000.00 637000000.00 20278000000.00 20915000000.00 20906000000.00 4576000000.00 692000000.00 5268000000.00 223000000.00 634000000.00 215000000.00 6340000000.00 3464000000.00 5659000000.00 1220000000.00 10343000000.00 265000000.00 168000000.00 65000000.00 10841000000.00 17181000000.00 38087000000.00 AMERICAS 2664000000.00 AMESA 3536000000.00 EAP 2229000000.00 EUROPE 2563000000.00 Inter segmental elimination -704000000.00 Unallocated 4000000.00 AMERICAS 9889000000.00 AMESA 14185000000.00 EAP 9356000000.00 EUROPE 8927000000.00 Inter segmental elimination -3210000000.00 Unallocated 14000000.00 10292000000.00 39161000000.00 0.00 0.00 10292000000.00 39161000000.00 AMERICAS 240000000.00 AMESA 414000000.00 EAP 271000000.00 EUROPE 99000000.00 Inter segmental elimination 39000000.00 Unallocated -4000000.00 AMERICAS 530000000.00 AMESA 1617000000.00 EAP 1462000000.00 EUROPE 247000000.00 Inter segmental elimination -26000000.00 Unallocated -15000000.00 1059000000.00 3815000000.00 321000000.00 1156000000.00 435000000.00 The Group is engaged in the business of Plastic Packaging Material. The Chief Operating Decision Maker (CODM) evaluates the Group's performance and allocates resources based on analysis of various performance indicators by geographical segments. The items which are not allocated to segments are considered as Unallocated . Geographical Segments are: a AMESA : Africa, Middle East and South Asia include operations in India and Egypt. b EAP : East Asia Pacific includes operations in China and Philippines. C AMERICAS : includes operations in United States of America, Mexico, Colombia and Brazil. d EUROPE : includes operations in United Kingdom, Poland, Russia and Germany. -24000000.00 303000000.00 2683000000.00 AMERICAS 10061000000.00 AMESA 11420000000.00 EAP 8439000000.00 EUROPE 7497000000.00 Inter segmental elimination -1498000000.00 Unallocated 2168000000.00 38087000000.00 AMERICAS 1925000000.00 AMESA 3045000000.00 EAP 2568000000.00 EUROPE 2124000000.00 Inter segmental elimination -1236000000.00 Unallocated 8755000000.00 17181000000.00 1156000000.00 -514000000.00 -385000000.00 0.00 0.00 0.00 0.00 0.00 0.00 -32000000.00 0.00 0.00 0.00 3328000000.00 59000000.00 0.00 0.00 0.00 0.00 196000000.00 0.00 129000000.00 69000000.00 -8000000.00 0.00 -3000000.00 0.00 301000000.00 0.00 4038000000.00 6686000000.00 0.00 0.00 0.00 821000000.00 0.00 5865000000.00 0.00 0.00 6271000000.00 6113000000.00 0.00 0.00 0.00 0.00 27000000.00 3746000000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 110000000.00 0.00 8000000.00 0.00 -3443000000.00 0.00 0.00 28000000.00 0.00 0.00 0.00 0.00 0.00 4663000000.00 4321000000.00 0.00 460000000.00 1396000000.00 1144000000.00 0.00 0.00 -2630000000.00 -208000000.00 -166000000.00 -374000000.00 2388000000.00 2014000000.00 Remeasurement gains/(losses) on defined benefit plan -15000000.00 Remeasurement gains/(losses) on defined benefit plan -20000000.00 -15000000.00 -20000000.00 -4000000.00 -5000000.00 Exchange differences on translation of financial results of foreign operations -152000000.00 Exchange differences on translation of financial results of foreign operations 191000000.00 -152000000.00 191000000.00 0.00 0.00