Aditya Birla Real Estate Ltd · NSE:ABREL
Aditya Birla Real Estate — Century Textiles and Industries — Investor Presentation (March 2022)
53 slides from Aditya Birla Real Estate's investor presentation, Mar 8, 2022
Slide 1: Cover letter to stock exchanges
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-L17120MH1897PLC000163 OUR REF.: SH/XII/202
Slide 2: Investor Presentation – March 2022
Century Textiles and Industries Limited Investor Presentation – March 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: Real Estate
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’. 159 146 142 135 • 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 Real Estate Strong Vision & Strategy Opportunities Pulp & Paper Strengths Leveraging: Encash on: Strong focus on: • Rapid urbanization and • Maintaining a capital efficient, asset • The Birla Brand nuclearization of families light model Textiles • Valua
Slide 12: Awards & Certifications
11 AWARDS & CERTIFICATIONS Real Estate Iconic Project of the Year - Birla Alokya Pulp & Paper Realty+ Conclave & Excellence Awards 2020 (South) Green Project Green Building Project Commercial Commercial Green Building Project Launch of of the Year of the Year Property of the Year Property of the Pro
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) Worli, Mumbai Kalyan, Maharashtra Textiles Whitefield, Bengaluru BIRLA AURORA (C) Magadi Road, Bengaluru Birla TISYA (R) Financi
Slide 14: Summary of Product Portfolio
13 SUMMARY OF PRODUCT PORTFOLIO Real Estate COMMERCIAL 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 Birla Centurion 3.5 12 RESIDENTIAL Pulp & Paper Revenue Cumulative Project Area Saleable Area Location Potential
Slide 15: Residential & Commercial Sales Highlights
14 RESIDENTIAL & COMMERCIAL SALES HIGHLIGHTS Real Estate % chg % chg % chg Particulars UOM Q3 FY22 Q3 FY21 Q2 FY22 9M FY22 9M FY21 YoY QoQ YoY Commercial Pulp & Paper Leasing Income Rs. Cr. 29 32 -8.0% 31 -4.9% 91 95 -3.8% Average Rent Rs./sq.ft. 149 164 -9.4% 158 -5.8% 154 161 -4.3% Realisation (BA
Slide 16: Birla Vanya, Kalyan – Project Update
15 BIRLA VANYA, KALYAN – PROJECT UPDATE (LAUNCHED – Q1 FY20) Real Estate 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 Revenue Potential Rs. 1,134 Crs Tower B Tower A Tower G Tower F Residential – 1 BHK, 2 BHK, 3 BHK & 4
Slide 17: Birla Alokya, Bengaluru – Project Update
16 BIRLA ALOKYA, BENGALURU (Outright) - PROJECT UPDATE (LAUNCHED - Q3 FY20) Real Estate Location Soukya Road, Bengaluru Area 8.1 acres Pulp & Paper Saleable Area 5.47 lakh sq. ft. Revenue Potential Rs. 390 Crs Textiles Product Type Residential – 3-Bed and 4-Bed Villaments Cumulative Sales Achieved B
Slide 18: Birla Navya, Gurugram – Project Update
17 BIRLA NAVYA, GURUGRAM (JV) – PROJECT UPDATE Real Estate Location Sector 63 A, Gurugram, NCR Area 65 acres Pulp & Paper 36.5 lakh sq. ft. Saleable Area* Phase 1 – 5.7 lakh sq. ft. launched Revenue Potential Rs. 4,415 Crs * Product Type Residential – 2 BHK, 3 BHK & 4 BHK Textiles Launch Year Octobe
Slide 19: Birla Tisya, Bengaluru – Project Update
18 BIRLA TISYA, BENGALURU (JV) – PROJECT UPDATE Real Estate Location Magadi Road, Bengaluru Area 4.8 acres Pulp & Paper 6.5 lakh sq. ft. Saleable Area* Revenue Potential Rs. 622 Crs Product Type Residential – 2 BHK, 3 BHK & 4 BHK Textiles Launch Year December 2021 Cumulative Sales Achieved Booking V
Slide 20: Birla Niyaara, Mumbai – Project Update
19 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) Revenue Potential Rs. 10,000 Crs Textiles Residential – 2 BHK, 3 BHK, 4 BHK, Large Product Type Apartments, Penthouse L
Slide 21: ESG – Real Estate
20 ENVIRONMENT SOCIAL GOVERNANCE (ESG) – REAL ESTATE Real Estate ENVIRONMENT SOCIAL • ESG Roadmap for Birla Estates – Kicked off the Project Capability Building: Campaigns on Several Safety topic likes – BBS, Construction Safety Mgt, P&M Operator, Fire & Road Safety • BREEAM precertification for Wor
Slide 22: Pulp & Paper
21 Pulp & Paper Flag bearer in Paper Industry
Slide 23: Pulp & Paper - Executive Summary
22 PULP & PAPER - EXECUTIVE SUMMARY 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 quality, the compa
Slide 24: Step Towards More Focus on Growing Business
23 STEP TOWARDS MORE FOCUS ON GROWING BUSINESS 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 from • Cash Conservatio
Slide 25: Awards & Certifications (2020-21)
24 AWARDS & CERTIFICATIONS (2020-21) Real Estate Century Pulp and Paper is the holder of following certifications: Pulp & Paper ISO 9001 • Sustainability 4.0 Challengers Award : Lalkuan Plant has been awarded “Sustainability 4.0 Challengers Award- 2020” in a joint assessment conducted by Frost & Sul
Slide 26: Geographical Presence
25 GEOGRAPHICAL PRESENCE Real Estate Finland Pulp & Paper United Kingdom Canada Poland Ireland Bulgaria CPP plant, Lalkua United States Turkey Greece (Nainital), Uttarakhand Israel Tunisia Jordan Iran Nepal Saudi U.A.E. Egypt Arabia Bangladesh Mauritania Oman Mali Textiles Guatemala Honduras Senegal
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 PAPER • Century Pulp & Paper range of writing INDUSTRIAL PAPER TISSUE PAPER and printing paper is used to produce a • Century manufactures different type of • Set up in
Slide 29: Key Initiatives Envisaged
28 KEY INITIATIVES ENVISAGED Real Estate Workmen Optimization Marketing Function to be created along Evaporator PM 3 & 4 Upgradation with sales function. Market intelligence Fibreline & Rec Boiler BCTMP Plant set up to be created. Fresh blood to be CAPACITY New Recovery Boiler/Turbine inducted to cr
Slide 30: Energy Management
29 ENERGY MANAGEMENT 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 Heat Recovery utilized to ge
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 pulpi
Slide 32: ESG – Pulp & Paper
31 ENVIRONMENT SOCIAL GOVERNANCE (ESG) – PULP & PAPER Real Estate ENVIRONMENT SOCIAL Pulp & Paper Textiles ► CPP has embarked on a program to use wood bark, earlier ► Repairing, water proofing & painting work done at Govt. Girls High discarded, as fuel in Boilers after being fed to chipper as School
Slide 33: Strategic Performance (2015-2022)
32 STRATEGIC PERFORMANCE (2015-2022) Real Estate HISTORICAL SALES VOLUMES AND CAPACITY UTILIZATION PERCENTAGE REALISATIONS 108% 103% 100% 434,204 94% 97% 397,812 408,320 415,278 88% 380,533 81% 341,239 332,685 Pulp & Paper 51,670 52,602 53,838 60,864 57,395 51,979 59,915 2015-16 2016-17 2017-18 2018
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 • US-China trade war has increased demand Plant (Fibre to Finishing) • Increased penetration of organised of Indian products in USA retail, better demo
Slide 37: Birla Century - Journey of Business Sustainability
36 BIRLA CENTURY - JOURNEY OF BUSINESS SUSTAINABILITY Real Estate Pulp & Paper Oeko-Tex Standard 100 NABL Accreditation for our STeP– Certification MIG Tags Testing Laboratory of Birla Century Textiles SA 8000- 2014 LEED (Leadership in Energy and BCI Registered Member (Better Global Organic textile
Slide 38: Geographical Presence
37 GEOGRAPHICAL PRESENCE Real Estate SEGMENT-WISE RTS EXPORTS 6% 2% BRANDS OTC 23% 20% Pulp & Paper TRADERS APPARELS United Kingdom 49% Canada Birla Century plant, ZONE WISE Bharuch, Gujarat United States EAST 7% NORTH Hong Kong 22% Bangladesh Philippines Textiles Sri Lanka SOUTH WEST 19% 52% Malays
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 prod
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 mater
Slide 41: ESG - Textiles
40 ENVIRONMENT SOCIAL GOVERNANCE (ESG) - TEXTILES Real Estate ENVIRONMENT SOCIAL GOVERNANCE Pulp & Paper Textiles ► Towards sustainable sourcing, we have ► Construction of Training Centre Building at ► We have successfully completed FSLM – taken one more step to strengthen our VGTK, Sewa Rural Jhaga
Slide 42: Birla Century, Strategic Performance
41 BIRLA CENTURY, STRATEGIC PERFORMANCE Real Estate BUSINESS MIX CAPACITY UTILIZATION PERCENTAGE 2% 2% 3% 2% 2% 7% 12% 1% 6% 13% 10% 8% 8% 96% 12% 91% 90% 92% 89% 50% 53% 46% 43% 37% 65% 54% 38% Pulp & Paper 47% 42% 46% 48% 38% 38% 30% 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 9M FY22 2016-17
Slide 43: Financial Summary
Financial Summary 42
Slide 44: Quarterly Financial Performance
43 QUARTERLY FINANCIAL PERFORMANCE Real Estate (RS. IN CRORES) Q3 FY 22 Variance Q on Q Variance Y on Y Particulars Q3 FY 21 Q2 FY 22 Actual Amount % Amount % Continuing Operations Sales Textiles 216 261 263 2 1% 47 22% Pulp & Paper 489 686 731 45 7% 242 49% Pulp & Paper Real Estate 36 36 34 -2 -6%
Slide 45: Historical Consolidated Financial Performance
44 HISTORICAL CONSOLIDATED FINANCIAL PERFORMANCE Real Estate (RS. IN CRORES) Particulars FY19 FY20 FY21 9M FY22 Continuing Operations Sales Textiles 765 735 582 729 Pulp & Paper Pulp & Paper 2,643 2,383 1,774 1,993 Real Estate 159 146 142 104 Others 66 67 69 54 Total Sales 3,633 3,331 2,567 2,880 EB
Slide 46: Cash Flow – 9M FY22
45 CASH FLOW – 9M FY22 Real Estate (RS. IN CRORES) Pulp & Birla Yarn & Grand Particulars Textile Rayon H.O. Sub Total Paper Estates Denim Total EBITDA 19 40 301 (5) - 355 11 366 Pulp & Paper MAT Paid (25) (25) (25) Rights Issue of Kesoram Industries Limited (6) (6) (6) Dividend Paid ( Including Tax)
Slide 47: Cash Flow - 9M FY22
46 Financials Textiles Pulp & Paper Real Estate CASH FLOW - 9M FY22 (INR CRORES)
Slide 48: Statement of Outstanding Loan
47 STATEMENT OF OUTSTANDING LOAN Real Estate (INR CRORES) O/s as on O/s as on O/s as on Particulars 30-06-2021 30-09-2021 31-12-2021 Long Term Loans 526 578 525 Average Rate of Interest 6.85% 6.69% 6.96% Pulp & Paper Short Term and Working Capital Loans 372 404 270 Average Rate of Interest 3.60% 3.8
Slide 49: Capital Employed – As on 30th September, 2021
48 CAPITAL EMPLOYED – AS ON 30th SEPTEMBER, 2021 Real Estate (RS. IN CRORES) Continued Operations Particulars Dis Ops (Y&D) Grand Total Textiles Fabrics Rayon Pulp & Paper Birla Estates Total A) Net Block 389 261 2,461 1,214 4,326 - 4,326 B) (i) Current & Non Current Assets Pulp & Paper Inventory 12
Slide 50: Outstanding Loan
49 OUTSTANDING LOAN Real Estate 1,467 @ 6.19% 1,280 @ 6.46% 1,362 @ 6.21% 85 85 64 BEPL- 7.20% BEPL- 7.20% BEPL- 7.20% Pulp & Paper 400 400 400 NCD- 7.65% NCD- 7.65% NCD- 7.35% 404 270 372 Textiles STL- 3.60% STL- 3.94% STL- 3.83% 526 525 578 LTL- 6.85% LTL- 6.96% LTL- 6.69% Financials Q1 FY22 Q3 FY
Slide 51: Financial Performance
50 FINANCIAL PERFORMANCE Real Estate REVENUES (RS. IN CRORES) EBITDA (RS. IN CRORES) PAT (RS. IN CRORES) 1,061 (RS. IN CRORES) 499 3,947 3,944 3,423 851 378 2,920 2,616 600 280 Pulp & Paper 355 285 70 -15 FY18 FY19 FY20 FY21 9M FY22 FY18 FY19 FY20 FY21 9M FY22 FY18 FY19 FY20 FY21 9M FY22 Textiles NE
Slide 52: Disclaimer
51 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 53: Thank You
52 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
Century Textiles and Industries — Investor Presentation (March 2022) on 6ix