Aditya Birla Real Estate Ltd · NSE:ABREL
Aditya Birla Real Estate — Century Textiles and Industries — Investor Presentation (August 2022)
52 slides from Aditya Birla Real Estate's investor presentation, Aug 3, 2022
Slide 1: Cover letter to stock exchanges: Investor Presentation
CENTURY Textiles and Industries Limited REGO. OFFICE : "CENTURY BHAVAN", DR. ANNIE BESANT ROAD, WORLI, MUMBAl-400 030. INDIA. TEL.:+91-22-2495 7000 FAX:+91-22-2430 9491,+91-22-2436 1980 E-Mail: ctil.ho@birlacentury.com Website: www.centurytextind.com CIN-L 17120MH1897PLC000163 OUR REF. : SH/XII/2022
Slide 2: Investor Presentation – August 2022
Century Textiles and Industries Limited Investor Presentation – August 2022
Slide 3: Table of Contents
2 TABLE OF CONTENTS Company Overview Real Estate Pulp and Paper Textiles Financials
Slide 4: Snapshot
3 SNAPSHOT 125 years rich legacy built under the Largest manufacturing facility for pulp and paper leadership of Mr. B. K. Birla under one roof Diversified conglomerate with World’s 2nd and India’s 1st LEED V4 presence in Real Estate, Textiles certified textile manufacturing company and Paper Summar
Slide 5: Company Overview
4 COMPANY OVERVIEW • Incorporated in 1897, Century Textiles and Industries Limited (CTIL) has evolved from a single unit textile mill into a diversified conglomerate under the visionary leadership of Mr. B. K. Birla. • The company’s 125-years-old legacy is built on a steadfast commitment to the deve
Slide 6: Board of Directors
5 BOARD OF DIRECTORS Mr. Kumar Mangalam Birla – Chairman – Mr. Kumar Mangalam Birla is one of the most renowned and respectable figures in Indian industry. He spearheads the iconic global conglomerate, Aditya Birla Group (ABG. His visionary leadership has, over the years, helped Century Textiles’ to
Slide 7: Key Management Personnel
6 KEY MANAGEMENT PERSONNEL Mr. K. T. Jithendran – Chief Executive Officer (CEO), Birla Estates – Mr. K. T. Jithendran has over 26 years of work experience in the realty sector. One of his accomplishments includes taking a start-up company in the real estate sector to become one of the leading player
Slide 8: Our Journey
7 OUR JOURNEY Demerger of the Cement Division; merged with UltraTech A state-of-the- art, 100-acre Launch of Birla Vanya Diversification into textile mill set-up in Kalyan and Birla ‘The Century chemicals at Jhagadia in Alokya in Bengaluru Spinning & Bharuch, Gujarat Manufacturing Establishment of D
Slide 9: Birla Estates Real Estate
BIRLA ESTATES Real Estate Over 64 lakh sq. ft. under construction across 5 projects
Slide 10: Executive Summary - Real Estate
9 EXECUTIVE SUMMARY - REAL ESTATE REVENUE (RS. IN CRORES) • The B. K. Birla Group forayed into the real estate sector in 2016 Real Estate under the brand name ‘Birla Estates’. 159 146 142 139 • The company is focused on developing land parcels owned by the Group, as well as growing the business with
Slide 11: Step Towards More Focus on Growing Business
10 STEP TOWARDS MORE FOCUS ON GROWING BUSINESS BIRLA ESTATES Real Estate Strong Vision & Strategy ■ - Opportunities Pulp & Paper Strengths r;;a Leveraging: Encash on: Strong focus on: I.Iii • Rapid urbanization and nuclearization of • Maintaining a capital efficient, asset light • The Birla Brand fa
Slide 12: Awards & Certifications
AWARDS & CERTIFICATIONS -~- 11 ~f@~ BIRLA ESTATES Real Estate - - ·- - ■ Birla Estates P;i~ate Limited ~ ----=-- L ■ - u - Iconic Project of the Year - Birla Alokya Pulp & Paper Realty+ Conclave & Excellence Awards 2020 (South) Green Project Green Building Project Commercial Commercial Green Buildin
Slide 13: Geographical Presence
12 GEOGRAPHICAL PRESENCE Real Estate (C) - Commercial (R) Residential ■ - - Golf Course Extension, Pulp & Paper Gurugram, NCR BIRLA CENTURION (C) BIRLA NAVYA & GROUP HOUSING (R) r;;a Worli, Mumbai Kalyan, Maharashtra I.Iii Textiles Whitefield, Bengaluru BIRLA AURORA (C) Magadi Road, Bengaluru Birla
Slide 14: Summary of Product Portfolio
13 SUMMARY OF PRODUCT PORTFOLIO BIRLA E Real Estate COMMERCIAL ---------------~:~___:=.=STATES Name of the Project Location Area (Lakh sq. ft) No. of Storeys Annual Leasing Revenues Birla Aurora 2.6 22 Worli Approx. Rs. 125 Cr I Birla Centurion ---~ 3.5 12 ■ - - RESIDENTIAL Pulp & Paper Revenue Cumu
Slide 15: Residential & Commercial Sales Highlights
RESIDENTIAL & COMMERCIAL SALES HIGHLIGHTS -~- 14 BIRLA tfl~ .... ~ _ _ E_STATES Real Estate -~-- Particulars UOM Q1 FY23 Q1 FY22 % chg YoY Q4 FY22 % chg QoQ ■ - - Commercial ' ; ;' ' ; Pulp & Paper I I Leasing Income Rs. Cr. 29 31 (7.3)% 30 (2.8)% r;;a Average Rent Realisation I.Iii (BA&BC) Rs./sq.f
Slide 16: Birla Vanya, Kalyan – Project Update
15 BIRLA VANYA, KALYAN – PROJECT UPDATE (LAUNCHED – Q1 FY20) BIRLA E Real Estate ---------------~:~~~-=STATES Location Shahad, Kalyan Area 22 acres ■ - - Pulp & Paper 13.2 lakh sq. ft. Saleable Area Phase 1 and 2 – 9.9 lakh sq. ft. launched r;;a Revenue Potential Rs. 1,134 Crs I.Iii Residential – 1
Slide 17: Birla Alokya, Bengaluru – Project Update
16 BIRLA ALOKYA, BENGALURU (Outright) - PROJECT UPDATE (LAUNCHED - Q3 FY20) BIRLA E Real Estate ------------=-=-·· -STATES Location Soukya Road, Bengaluru ■ - - Area 8.1 acres Pulp & Paper Saleable Area 5.47 lakh sq. ft. r;;a I.Iii Revenue Potential Rs. 394 Crs Textiles Product Type Residential – 3-
Slide 18: Birla Navya, Gurugram – Project Update
17 BIRLA NAVYA, GURUGRAM (JV) – PROJECT UPDATE BIRLA E Real Estate ------------~~~ ~ -= STATES Location Sector 63 A, Gurugram, NCR Area 47 acres Pulp & Paper Saleable Area* Total 17.8 lakh sq. ft. (Floors Project) Revenue Potential Rs. 2,258 Crs Product Type Residential – 2 BHK, 3 BHK & 4 BHK Textil
Slide 19: Birla Niyaara, Mumbai – Project Update
18 BIRLA NIYAARA, MUMBAI – PROJECT UPDATE (LAUNCHED – Q4 FY22) Real Estate Location Worli, Mumbai Area 14.2 acres Pulp & Paper Saleable Area* 24 lakh sq. ft.(Residential Phase – I) Rs. 10,000+ Crs : Three Towers Revenue Potential (Tower A: ~Rs 3,300 Crs) Residential – 2 BHK, 3 BHK, 4 BHK, Large Text
Slide 20: Birla Tisya, Bengaluru – Project Update
19 BIRLA TISYA, BENGALURU (JV) – PROJECT UPDATE Real Estate Location Magadi Road, Bengaluru Area 4.8 acres Pulp & Paper Saleable Area* 6.5 lakh sq. ft. Revenue Potential Rs. 633 Crs Product Type Residential – 2 BHK, 3 BHK & 4 BHK Textiles Launch Year December 2021 Cumulative Sales Achieved Booking V
Slide 21: ESG – Real Estate
20 ENVIRONMENT SOCIAL GOVERNANCE (ESG) – REAL ESTATE Real Estate ENVIRONMENT SOCIAL • ESG Roadmap for Birla Estates – Integrated Report Predict and Win – a customer engagement event with IPL theme documentation in progress ■ - • BREEAM precertification for Worli Project – Technical Pulp & Paper prer
Slide 22: Pulp & Paper
21 Pulp & Paper Flag bearer in Paper Industry
Slide 23: Pulp & Paper - Executive Summary
22 PULP & PAPER - EXECUTIVE SUMMARY CENTURY PLP&Pl[R Real Estate • Century Pulp and Paper (CPP) is a producer of excellent quality writing and printing paper, and a leading manufacturer of tissue and board, as well as Rayon Grade Pulp (RGP) products. • Established in 1984, with relentless focus on q
Slide 24: Step Towards More Focus on Growing Business
23 STEP TOWARDS MORE FOCUS ON GROWING BUSINESS CENTURY PLP&Pl[R Real Estate Strong Vision & Strategy ■ - Opportunities Pulp & Paper • Strengths Leveraging: Encash on: Strong focus on: • India’s only integrated Pulp & Paper mill • Growth in tissue paper demand due to providing comprehensive solution
Slide 25: Awards & Certifications (2020-22)
24 AWARDS & CERTIFICATIONS (2020-22) Real Estate Century Pulp and Sustainability 4.0 Awards a I ~ '' ' I t.."' Sustainability 4.0 Awards ' I I I I \ \ ,_ Paper is the holder of following C\J Jury Special Mention Award 2nd Runner Up Certificate of Meri t Challer19ers Caiegory certifications: ■ Centur
Slide 26: Geographical Presence
25 GEOGRAPHICAL PRESENCE CENTURY PuLP & Pl [R Real Estate ■ - - • Finland Pulp & Paper United Kingdom • Canada •• Ireland • Poland United States • Bulgaria Turkey CPP plant, Lalkua I Greece • Israel • (Nainital), Uttarakhand ■ • Tunisia Jordan Iran ' Nepal Saudi U.A.E. Mauritania Egypt • Arabia •• B
Slide 27: Century Pulp & Paper Mill – Manufacturing Capacities
26 CENTURY PULP & PAPER MILL – MANUFACTURING CAPACITIES • Established in 1984, the manufacturing facility is India’s only integrated Pulp and Paper mill that delivers comprehensive solutions in Real Estate finest varieties of Writing & Printing Paper, Virgin fiber grade fine tissue, Multilayer Packa
Slide 28: Product Portfolio
27 PRODUCT PORTFOLIO Real Estate TISSUE PAPER & RAYON GRADE PULP INDUSTRIAL PAPER & PACKAGING ■ BOARD - Pulp & Paper PRINTING & WRITING Growing In PAPER wellness • Century Pulp & Paper range of writing INDUSTRIAL PAPER TISSUE PAPER and printing paper is used to produce a • Century manufactures diffe
Slide 29: Key Initiatives Envisaged
28 KEY INITIATIVES ENVISAGED CENTURY PLP&Pl[R Real Estate Workmen Optimization Marketing Function to be created along with sales function. Market intelligence Fibreline & Rec Boiler BCTMP Plant set up to be created. New positions to New Recovery Boiler/Turbine be inducted to create Nomination/ OPERA
Slide 30: Energy Management
29 ENERGY MANAGEMENT CENTURY PuLP & Pl [R Real Estate Energy Management Other Initiatives for conservation of energy include: Century Pulp & Paper takes A) Conservation of Energy: every effort to reduce its carbon (a) Steps taken on conservation of energy: ■ - footprint and impact to the i) Blow Hea
Slide 31: Sustainability
30 SUSTAINABILITY Real Estate CONSERVATION ACTS Century Pulp & Paper runs a number of forest and water conservation initiatives in line with its corporate philosophy. Forest conservation • Bagasse and recycled waste paper used as a raw material eventually helps in conservation of forests • ■ - ECF p
Slide 32: ESG – Pulp & Paper
31 ENVIRONMENT SOCIAL GOVERNANCE (ESG) – PULP & PAPER Real Estate ENVIRONMENT SOCIAL ■ - Pulp & Paper Textiles ► Collection of fallen pine tree leaves (Perul), which may ► Reconstruction of houses (6 Nos.) damaged in flood of Oct’21 for Flood cause wildfire during summer, to be used as fuel in our a
Slide 33: Strategic Performance (2015-2022)
32 STRATEGIC PERFORMANCE (2015-2022) CENTURY PuLP & Pl [R Real Estate HISTORICAL SALES VOLUMES AND CAPACITY UTILIZATION PERCENTAGE REALISATIONS 103% 100% 99% 4,34,204 4,15,278 4,53,917 94% 97% 97% 3,97,812 4,08,320 88% 3,80,533 81% 3,41,239 ■ - Pulp & Paper 51,670 52,602 53,838 60,864 57,395 51,979
Slide 34: Textiles
33 Textiles World’s 2nd and India’s 1st LEED V4 certified textile mfg co.
Slide 35: Executive Summary – Century Textiles
34 EXECUTIVE SUMMARY – CENTURY TEXTILES Real Estate • Century Textiles and Industries Limited (CTIL), was incorporated in Mumbai, India, in 1897. A state-of-the-art, vertically integrated plant, Birla Century (A Division of CTIL) was set up at Jhagadia, Bharuch, Gujarat, in the year 2008, using the
Slide 36: Step Towards More Focus on Growing Business
35 STEP TOWARDS MORE FOCUS ON GROWING BUSINESS Real Estate Advantages ■ - Growth Drivers Pulp & Paper Strengths ~ • State-of-the-Art Vertically Integrated l!il • US-China trade war has increased demand • Increased penetration of organised Plant (Fibre to Finishing) of Indian products in USA retail,
Slide 37: Birla Century - Journey of Business Sustainability
36 BIRLA CENTURY - JOURNEY OF BUSINESS SUSTAINABILITY Real Estate OEKO-TEX® OEKO-TEX® OEKO-TEX® ■ MADE iN'GR'Ei'N,$ - CONFIDENCE IN TEXTILES CONFIDENCE IN TEXTILES 0 STANDARD 100 NABL STeP(I Pulp & Paper Oeko-Tex Standard 100 NABL Accreditation for our STeP– Certification MIG Tags Testing Laboratory
Slide 38: Geographical Presence
37 GEOGRAPHICAL PRESENCE Real Estate SEGMENT-WISE PRINT 11% EXPORTS RTS 1% 5% BRANDS 21% ■ OTC - 17% Pulp & Paper TRADERS APPARELS 45% United Kingdom Canada Birla Century plant, ZONE WISE Bharuch, Gujarat United States EAST r;;a 7% NORTH I.Iii Hong Kong 19% Bangladesh Philippines Textiles SOUTH Sri
Slide 39: Integrated Manufacturing Facility & Process
38 INTEGRATED MANUFACTURING FACILITY & PROCESS Real Estate • Century Textiles & Industries Limited invested about US$180 million (Rs. 850 Crore) in setting up, a Greenfield project in 6,500+ Tons of Yarn Jhagadia, Bharuch, Gujarat known metres of Fabric ■ as “BIRLA CENTURY” to - manufacture textile
Slide 40: Product Portfolio
39 PRODUCT PORTFOLIO Real Estate BOTTOM SHIRTINGS WEIGHTS BED LINEN ■ - FINER Pulp & Paper FABRICS • The company manufactures • Birla Century is one of the • The Birla Century range of Finer • Birla Century offers luxury premium range elite shirting in leading bed and bath linen Fabrics i.e. dress m
Slide 41: ESG – Textiles
40 ENVIRONMENT SOCIAL GOVERNANCE (ESG) – TEXTILES Real Estate ENVIRONMENT SOCIAL GOVERNANCE --- lbd,,8, 2022 C«lilic:IIIOai.oltuu.• May 1P. 211Z2 • ■ - Ce rtificate of Eligibility Pulp & Paper C.r!ifica,~ HoldH& r anorySit.: 95 . ... c..•...,., ........ ~.,,o: .... ..,,;o1 ( 0 .-.e J,"»o flt,..-,~ .
Slide 42: Birla Century, Strategic Performance
41 BIRLA CENTURY, STRATEGIC PERFORMANCE Real Estate BUSINESS MIX CAPACITY UTILIZATION PERCENTAGE 2% 2% 3% 2% 2% 7% 14% 3% 96% 96% 96% 1% 91% 90% 92% 91% 6% 13% 10% 8% 13% 8% ■ 11% 50% 65% - 53% 46% 43% 37% 54% 40% 59% Pulp & Paper 47% 42% 46% 48% 38% 30% 35% 25% 2015-16 2016-17 2017-18 2018-19 2019-
Slide 43: Financial Summary
Financial Summary Excellent financial performance during the quarter as compared to Q1 FY22 42
Slide 44: Historical Consolidated Financial Performance
43 HISTORICAL CONSOLIDATED FINANCIAL PERFORMANCE Real Estate (RS. IN CRORES) Particulars FY19 FY20 FY21 FY22 Q1 FY23 Continuing Operations ■ - Sales Textiles 765 735 582 1,037 268 Pulp & Paper Pulp & Paper 2,643 2,383 1,774 2,818 857 Real Estate 159 146 142 139 33 Others 66 67 69 74 14 Total Sales 3
Slide 45: Cash Flow – Q1 FY23
44 CASH FLOW – Q1 FY23 Real Estate (RS. IN CRORES) Pulp & Birla Grand Particulars Textile Rayon H.O. Paper Estates Total ■ EBITDA 1 11 134 (3) - 143 - MAT Paid - - - - (10) (10) Pulp & Paper Collections - Real Estate - - - 135 - 135 Project Development Cost - Real Estate - - - (176) - (176) Net Chan
Slide 46: Cash Flow: Q1 FY23
45 CASH FLOW : Q1 FY23 Real Estate (INR CRORES) ■ Increase ■ Decrease ■ Total 135 ■ - Pulp & Paper 143 -10 ■ ' -176 Textiles ■ -147 - -17 -11 11 -72 Financials EBITDA MAT Paid Collections Project Dev. Wcap Change Capex Interest Interest (bond) Free Cash Flow
Slide 47: Statement of Outstanding Loan
46 STATEMENT OF OUTSTANDING LOAN Real Estate (RS. IN CRORES) O/s as on O/s as on O/s as on Particulars 31-12-2021 31-03-2022 30-06-2022 ■ - Long Term Loans 526 231 187 Pulp & Paper Average Rate of Interest 6.96% 6.40% 6.80% Short Term and Working Capital Loans 270 313 334 Average Rate of Interest 3.
Slide 48: Capital Employed – As on 31st March, 2022
47 CAPITAL EMPLOYED – AS ON 31st MARCH, 2022 Real Estate (RS. IN CRORES) Continued Operations ....................... .................. . ........... . ·······································r .......... Particulars . .. . Textiles Fabrics Rayon Pulp & Paper Birla Estates Total A) Net Block 377 581
Slide 49: Outstanding Loan
48 OUTSTANDING LOAN (RS. IN CRORES) Real Estate 1,281 @ 6.46% 1,315 @ 6.20% 1,308 @ 6.70% 85 120 137 ■ - ■ BEPL- 7.20% ■ BEPL- 7.20% ■ BEPL- 7.82% Pulp & Paper 400 650 650 ■ NCD- 7.35% ■ NCD- 6.89% ■ NCD- 7.07% ■ ' 270 Textiles ■ STL- 3.94% ■ STL- 4.26% ■ STL- 5.47% 314 334 526 ■ LTL- 6.96% ■ LTL- 6
Slide 50: Financial Performance
49 FINANCIAL PERFORMANCE Real Estate REVENUES* (RS. IN CRORES) EBITDA (RS. IN CRORES) PAT# (RS. IN CRORES) 1,061 (RS. IN CRORES) 4,131 499 3,944 ■ 3,423 378 - 2,616 600 Pulp & Paper 487 154 1,190 285 45 143 t 1111 -15 FY19 FY20 FY21 FY22 Q1 FY23 FY19 FY20 FY21 FY22 Q1 FY23 FY19 FY20 FY21 FY22 Q1 FY2
Slide 51: Disclaimer
50 DISCLAIMER Century Textiles and Industries 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 opinion
Slide 52: Thank You
51 Bringing our century old legacy and expertise into all our businesses while focusing on sustainability, customer centricity, technology and innovation to be future ready Thank You
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