Aditya Birla Real Estate Ltd · NSE:ABREL
Aditya Birla Real Estate — Q3 FY2025 Earnings Presentation
39 slides from Aditya Birla Real Estate's earnings presentation, Jan 22, 2025
Slide 1: Exchange cover letter for Earnings Presentation
ADITYA BIRLA REAL ESTATE SH/XII/2024 zz nd January, 2025 Corporate Relationship Department Listing Department BSE Limited National Stock Exchange of India Limited 1st Floor, Phiroze Jeejeebhoy Towers Exchange Plaza, 5th floor, Dalal Street, Fort, Bandra-Kurla Complex Mumbai-400 001 Bandra (East), Mu
Slide 2: Aditya Birla Real Estate Limited Earnings Presentation Q3/9M-FY25
Aditya Birla Real Estate Limited Earnings Presentation (Formerly Century Textiles And Industries Limited) Q3/9M-FY25
Slide 3: Table of Contents
TABLE OF CONTENTS Overview Real Pulp & Financials Estate Paper 2
Slide 4: Aditya Birla Group at a Glance
ADITYA BIRLA GROUP AT A GLANCE METALS CEMENT CARBON BLACK FASHION & RETAIL RENEWABLE PAINTS MINING CHEMICALS FINANCIAL REAL ESTATE PULP & FIBRE TELECOM JEWELLER Y ENTERTAINMENT SERVICES Global Top 3 India Top 3 DIGITAL TRADING VENTURE CAPITAL DINING & CELLULOSIC FIBRE PLATFORMS EXPERIENCES & TEXTILE
Slide 5: Aditya Birla Real Estate Limited Snapshot
ADITYA BIRLA REAL ESTATE LIMITED SNAPSHOT (Formerly Century Textiles And Industries Limited) 125-year-old rich legacy built under the leadership of Mr. B. K. Birla Home of the real estate arm of Aditya Birla Group with a valuable portfolio of land One of the most trusted parcels across premium locat
Slide 6: Q3 FY25: Key Operational Highlights
Q3 FY25: KEY OPERATIONAL HIGHLIGHTS ‣ In Q3 FY25, Real Estate business performed very well with Booking Value (Sales) increasing 257% YoY and Collections increasing 175% YoY. ‣ Adhering to commitment of diversifying portfolio while catering to demand for spacious homes, Real Estate business has acqu
Slide 7: Q3 & 9M-FY25: Consolidated Financial Highlights
Q3 & 9M-FY25: CONSOLIDATED FINANCIAL HIGHLIGHTS For Continuing Operations* TURNOVER EBITDA & EBITDA MARGINS PAT -4% -92% -136% 223 103 1,121 982 946 22.7% 99 12 8.8% 18 1.9% -37 Q3 FY24 Q2 FY25 Q3 FY25 Q3 FY24 Q2 FY25 Q3 FY25 Q3 FY24 Q2 FY25 Q3 FY25 TURNOVER EBITDA & EBITDA MARGINS PAT 3,206 145 436
Slide 8: Q3 & 9M-FY25: Business Segment Contribution
Q3 & 9M-FY25: BUSINESS SEGMENT CONTRIBUTION For Continuing Operations REVENUE PIE : Q3 FY24 EBITDA BREAKUP – Y-o-Y Others 223 1% 28 Real Estate 9% 132 99 12 59 18 63 13 28 28 -23 Pulp & Paper Q3 FY24 Q2 FY25 Q3 FY25 90% Real Estate Pulp & Paper Others REVENUE PIE : Q3 FY25 EBITDA BREAKUP (₹ Cr) Othe
Slide 9: Quarterly Segment-wise Performance
QUARTERLY SEGMENT-WISE PERFORMANCE REAL ESTATE PULP AND PAPER REVENUE (₹ Cr) REVENUE (₹ Cr) 117% -16% 254 881 184 854 742 85 Q3 FY24 Q2 FY25 Q3 FY25 Q3 FY24 Q2 FY25 Q3 FY25 EBITDA (₹ Cr) & EBITDA (%) EBITDA (₹ Cr) & EBITDA (%) 63 132 73.3% 28 11.0% -12.6% 59 15.0% 6.9% 28 3.8% -23 Q3 FY24 Q2 FY25 Q3
Slide 10: 9 Months Segment-wise Performance
9 MONTHS SEGMENT-WISE PERFORMANCE REAL ESTATE PULP AND PAPER REVENUE (₹ Cr) REVENUE (₹ Cr) 375% -5% 776 2,516 2,382 163 9M FY24 9M FY25 9M FY24 9M FY25 EBITDA (₹ Cr) & EBITDA (%) EBITDA (₹ Cr) & EBITDA (%) 352 18.0% 6.2% 152 14.0% 29 48 6.4% 9M FY24 9M FY25 9M FY24 9M FY25 SUMMARY 9
Slide 11: Real Estate
Real Estate ~ ₹ 63,350 Crores GDV across 4 regions
Slide 12: Pan India Footprint
Pan India Footprint NCR Birla Navya, Golf Course Ext. Rd. Projects with a revenue potential of more than Mumbai Mathura road, Delhi INR 63,350 Crs Metropolitan Sector 31, Gurugram Region Sector 71, Gurugram Birla Vanya, Kalyan Birla Niyaara, Worli Birla Anayu, Mumbai Thane, MMR Worli New Plot, MMR B
Slide 13: Q3 FY25 Key Highlights – Real Estate
Q3 FY25 KEY HIGHLIGHTS – REAL ESTATE MAJOR TAKEAWAYS MARKET OUTLOOK • Acquired 71 acres of land parcel in Boisar, MMR for our first- • Indian residential real estate sector remains optimistic, driven by ever plotted development project. strong fundamentals and evolving consumer preferences. • Birla
Slide 14: Operational Highlights – Q3 & 9M-FY25
OPERATIONAL HIGHLIGHTS – Q3 & 9M- FY25 QUARTERLY PERFORMANCE 9 MONTHS PERFORMANCE Booking Value Collections Booking Value Collections INR 675 Crore INR 501 Crore INR 2,350 Crore INR 1,633 Crore Area Sold Net Total Income Area Sold Net Total Income 0.37 mn. Sq. ft. INR 55 Crore 1.75 mn. Sq. ft. INR 2
Slide 15: Key Performance Indicators
KEY PERFORMANCE INDICATORS Booking Value (₹ Cr) Collection Value (₹ Cr) 3,985 1,633 1,323 2,183 2,350 1,913 861 621 351 464 84 154 FY 2 0 FY 2 1 FY 2 2 FY 2 3 FY 2 4 9 M FY 2 5 FY20 FY21 FY22 FY23 FY24 9M FY25 Units Sold (No.) Area Sold (lakhs sqft) 1,067 17.0 17.5 934 685 11.4 11.7 630 550 337 6.4
Slide 16: Launched Residential Projects
LAUNCHED RESIDENTIAL PROJECTS Birla Navya, Birla Vanya, Birla Alokya, Birla Niyaara, Project (Golf Course Extension, (Kalyan, MMR) (Whitefield, Bengaluru) (Worli, Mumbai) Gurugram) Project Photo Q4 FY21-22 (Phase 1) Launch Period Q1 FY19-20 Q3 FY19-20 Q3 FY 20-21 Q4 FY23-24 (Phase 2) Land Area 22 ac
Slide 17: Launched Residential Projects
LAUNCHED RESIDENTIAL PROJECTS Birla Tisya, Birla Trimaya, Birla Anayu Birla Ojasvi Project (Rajajinagar, Bengaluru) (Devanahalli, Bengaluru) (Walkeshwar, Mumbai) (RR Nagar, Bengaluru) Project Photo Q2 FY23-24 (Phase 1) Launch Period Q3 FY21-22 Q2 FY24-25 Q2 FY24-25 Q2 FY24-25 (Phase 2) Land Area 5 a
Slide 18: Residential Portfolio
RESIDENTIAL PORTFOLIO City-wise Launch and Sales (million Sq. Ft.) Ongoing Upcoming Saleable Saleable GDV GDV 79% 93% Particulars Area Area (Cr) (Cr) (Mn Sqft) (Mn Sqft) 3.66 3.39 3.18 MMR 3.1 10,253 10.6 28,150 2.50 99% Bengaluru 3.7 3,139 5.0 4,619 1.17 1.16 NCR 1.2 1,588 5.5 10,580 Pune - - 4.8 5
Slide 19: Project Launches
PROJECT LAUNCHES To be Launched Ongoing Delivery The GDV below reflect the GDV of launched/to be launched projects FY 25e GDVe – ₹ 8,550 Crores Sec 31, Gurugram Total GDV Sangamwadi, Pune; Sarjapur, Bengaluru; ~ ₹ 63,350 Crores Thane, MMR; Birla Navya (P3); Birla Trimaya (P3) FY 24 GDV – ₹ 5,500 Cro
Slide 20: ESG – Real Estate
ENVIRONMENT, SOCIAL AND GOVERNANCE (ESG) – REAL ESTATE ENVIRONMENT SOCIAL ‣ The organization extended its benevolence to orphanages across Mumbai, Kalyan, Net Zero Energy Certification: Birla Aurora Bangalore, and Gurgaon by donating has been certified as a Net Zero Energy building books, stationery
Slide 21: Pulp & Paper: Turning a New Leaf
Pulp & Paper Turning a New Leaf
Slide 22: Key Highlights – Pulp & Paper
KEY HIGHLIGHTS – PULP & PAPER MAJOR TAKEAWAYS MARKET OUTLOOK ‣ In Q3 FY25, Production and Sales volumes decreased by 15% YoY and 9% YoY, respectively. YTD Sales volumes increased by 5% YoY driven by growth in board segment. ‣ Writing and Printing paper segment witnessed soft market demand in Q3 FY25
Slide 23: Q3 FY25: Production & Sales
Q3 FY25: PRODUCTION & SALES Production (Tons) Net Sales Qty (Tons) Sales (INR Cr) Q3 Q2 QoQ Q3 Q3 Q2 QoQ Q3 Q3 Q2 QoQ Q3 Particulars YoY % YoY % YoY % FY25 FY25 % FY24 FY25 FY25 % FY24 FY25 FY25 % FY24 Paper 47,919 52,096 -8% 57,827 -17% 50,085 55,976 -11% 56,656 -12% 319 368 -13% 414 -23% Board 45,
Slide 24: 9M FY25: Production & Sales
9M FY25: PRODUCTION & SALES Production (Tons) Net Sales Qty (Tons) Sales (INR Cr) Particulars 9M FY25 9M FY24 YoY % 9M FY25 9M FY24 YoY % 9M FY25 9M FY24 YoY % Paper 1,54,594 1,64,399 -6% 1,59,716 1,59,448 0% 1,040 1,236 -16% Board 1,40,829 1,29,268 9% 1,41,380 1,26,330 12% 956 885 8% Tissue 34,505
Slide 25: Net Sales Realization (NSR) Movement
NET SALES REALIZATION (NSR) MOVEMENT NSR Movement (INR/Tons) YoY QoQ 86,928 83,376 80,406 76,097 75,247 -6% -2% 71,902 69,411 69,501 69,277 67,726 YoY QoQ Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 -1% -13% Domestic Export NSR AND EBITDA YoY QoQ 72,189 70,591 70,381 69,798 67,927 -6% -3% 11,077 5,339 5
Slide 26: Macros – Q3 FY25 Segmental Contribution
MACROS – Q3 FY25 SEGMENTAL CONTRIBUTION YoY QoQ YoY QoQ OVERALL CONTRIBUTION (Rs. Per/MT) YoY QoQ YoY QoQ -17% 3% 0% 19% -39% -14% -49% 87% Q3 FY25 67,927 24,347 20,110 19,463 20,514 20,483 16,871 17,305 58,958 8,969 (RS. PER/MT) 12,114 10,368 TOTAL TOTAL VARIABLE OVERALL 8,554 NSR COST CONTRIBUTION
Slide 27: ESG – Pulp & Paper
ENVIRONMENT SOCIAL GOVERNANCE (ESG) – PULP & PAPER ENVIRONMENT SOCIAL ‣ Fogging using mosquito repellent sprays is also regularly being carried out to prevent malaria and dengue. ‣ Aditya Gurunani, an athlete with an intellectual disability, was supported with a grant of Rs. 2,00,000/- by Century Pu
Slide 28: Financial Summary
Financial Summary Subpar Financial performance in Q3- FY25
Slide 29: Profit & Loss: Q3 FY25
PROFIT & LOSS : Q3 FY25 (₹ In Crores) Particulars Q3 FY24 Q2 FY25 Q3 FY25 YoY % QoQ % Continuing Operations Total Income 1096 1138 961 -12% -16% Total Sales 982 1121 946 -4% -16% Total EBITDA 223 99 18 -92% -82% Less: Finance cost 8 17 10 25% -44% Less: Depreciation 53 55 56 5% 1% PBT 162 26 -48 Sha
Slide 30: Profit & Loss: 9M FY25
PROFIT & LOSS : 9M FY25 (₹ In Crores) Particulars 9M FY24 9M FY25 YoY % Continuing Operations Total Income 2871 3267 14% Total Sales 2722 3206 18% Total EBITDA 436 241 -45% Less: Finance cost 24 39 62% Less: Depreciation 155 165 7% PBT 257 37 -86% Share of Profit in JV-(BAKPL) -17 -8 Exceptional Ite
Slide 31: Cash Flow – Q3 FY25
CASH FLOW – Q3 FY25 (₹ In Crores) Discontinued Continuing operations Operations Grand No Particulars Total Birla Estates Pulp & Paper Rayon H.O. Total Textiles EBITDA-Normal Business -23 28 13 0 18 -8 10 MAT / Advance Tax Paid 0 - - 0 0 - 0 Collections 503 - - - 503 - 503 Project Development Cost -7
Slide 32: Cash Flow: Q3 FY25
CASH FLOW : Q3 FY25 (₹ In Crores) Increase Decrease Total 503 10 - -704 -91 43 43 - -148 -443 -71 -13 -16 REAL ESTATE PULP & PAPER FINANCIALS 31
Slide 33: Cash Flow – 9M FY25
CASH FLOW – 9M FY25 (₹ In Crores) Discontinued Continuing operations Operations Grand No Particulars Total Birla Estates Pulp & Paper Rayon H.O. Total Textiles EBITDA-Normal Business 48 152 41 0 241 -35 206 MAT / Advance Tax Paid 0 - - -16 -16 - -16 Income Tax Refund 0 - - 31 31 - 31 Collections 163
Slide 34: Cash Flow: 9M FY25
CASH FLOW : 9M FY25 (₹ In Crores) Increase Decrease Total 1,633 206 31 -16 73 111 59 -4,131 -260 -157 -9 -95 -18 -2,573 REAL ESTATE PULP & PAPER FINANCIALS 33
Slide 35: Outstanding Loan
OUTSTANDING LOAN 5020@8.30% 4687@8.23% 1,479 847 LTL - 8.67% 2,482@8.22% 268 LTL - 8.63% 772 2356@8.03% LTL - 8.50% 250 50 30 90 LTL - 8.60% STL - 7.83% 1,062 STL - 8.08% 2,062 1,050 STL - 8.60% 1,962 STL - 8.11% NCD - 7.93% NCD - 7.92% NCD - 7.74% NCD - 7.37% 1,166 1,140 1,106 1,211 BEPL - 8.6% BEP
Slide 36: Financial Performance
FINANCIAL PERFORMANCE For Continuing Operations REVENUES* (₹ in Crores) EBITDA (₹ in Crores) PAT# (₹ in Crores) 718 304 689 4,827 267 4,174 4,264 487 3,206 154 2,616 285 241 3 -15 FY21 FY22 FY23 FY24 9M FY25 FY21 FY22 FY23 FY24 9M FY25 FY21 FY22 FY23 FY24 9M FY25 # PAT represents net profit from con
Slide 37: Creating Shareholder Value: A Transformative Journey
CREATING SHAREHOLDER VALUE: A TRANSFORMATIVE JOURNEY Relative Price Performance up to 31st December, 2024 3 Year Price CAGR: Aditya Birla Real Estate Limited: 29% Sensex: 8% 1000% BSE Realty: 21% 800% 600% 400% 200% 0% -200% Aditya Birla Real Estate Limited Sensex BSE Realty Market Capitalisation (₹
Slide 38: Disclaimer
DISCLAMER Aditya Birla Real Estate Limited No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in al
Slide 39: Thank You
THANK YOU Bringing our century old legacy and expertise into all our businesses while focusing on sustainability, customer centricity, technology and innovation to be future ready
Aditya Birla Real Estate — Q3 FY2025 Earnings Presentation on 6ix