Ultratech Cement Limited · NSE:ULTRACEMCO

Ultratech Cement — Merger or Acquisition (December 2018)

13 slides from Ultratech Cement's merger presentation, Dec 13, 2018

  1. Slide 1: Exchange filing cover letter: Regulation 30 update and presentation

    13th December, 2018 BSE Limited The Manager Corporate Relationship Department Listing Department Phiroze Jeejeebhoy Towers, The National Stock Exchange of India Limited Dalal Street, "Exchange Plaza", Bandra-Kurla Complex, Mumbai 400 001. Sandra (East), Mumbai 400 051. Tel.: 22721233/4 Tel.:26598236

  2. Slide 2: One more step towards consolidation in Indian cement industry

    UltraTech Cement Limited One more step towards consolidation in Indian cement industry Stock code: BSE: 532538 | NSE: ULTRACEMCO Reuters: UTCL.NS | Bloomberg: UTCEM IS/UTCEM LX

  3. Slide 3: Acquisition of Assets under IBC… Background

    Acquisition of Assets under IBC1… Background UltraTech (“UTCL”) participated in resolution process of Binani Cement Limited (“BCL”) under IBC1 CoC2 issued letter of intent to UTCL on 28.05.2018 based on approved Resolution Plan NCLAT3 approved UTCL’s Resolution Plan vide order dated 14.11.2018 Supre

  4. Slide 4: UNCL: Key assets acquired

    UNCL : Key assets acquired Clinker Capacity : 4.59 mtpa in Rajasthan Cement Capacity: 6.25 mtpa (IU: 4.85 mtpa and GU: 1.40 mtpa) in Rajasthan Indian Assets Thermal Power Plant: 70 MW Latest technology European plants Superior quality sizeable limestone reserves China: Clinker – 2.0 mtpa, Cement: 0.

  5. Slide 5: Strategic Rationale

    Strategic Rationale Strengthening presence in  UTCL capacity in North region will get enhanced to ~ 24 mtpa growing North India market  Become one of the strongest player in North market  North market growing @ 8-10% since last year, growth momentum likely to continue Participating in growth  UT

  6. Slide 6: Market Strategy with UNCL

    UltraTech Market Strategy with UNCL Neem ka Thana (GU)  Realignment of existing market for Rajasthan and Gujarat  Clinker movement realignment for GUs between existing IU Nathdwara Rajasthan (IU) and UNCL IU  Market and Plant mix change to support lead optimization Gujarat  UTCL today sells in e

  7. Slide 7: Market Strategy with UNCL…Contd…

    UltraTech Market Strategy with UNCL…Contd…  “UltraTech” brand launched from UNCL plants  Alignment of UNCL dealer network of ~ 1500 with UTCL market strategy  UNCL to enter into agreement with UTCL for contract manufacturing using “UltraTech” brand 6

  8. Slide 8: UltraTech Network – With UNCL and Century Cement Assets Acquisition

    UltraTech Network – With UNCL and Century Cement Assets Acquisition Neem ka Thana: 1.4 mtpa Maihar: 4.2 mtpa Sonar Bangla: 2.0 mtpa Nathdwara: 4.9 mtpa Zones Zonal Capacity (mtpa) UTCL Cap. UTCL Mix UTCL Rank post –acquisition North 23.8 21% II Central 25.3* 22% I East 16.1 14% I West 27.7 24% I Bai

  9. Slide 9: Resolution Plan and Valuation

    Resolution Plan and Valuation Particulars Rs Crs Total amount to be paid as per Resolution Plan1 8,025 (Secured / unsecured Financials + Non financial creditors) Capacity including overseas – Cement (mtpa) 8.55 EV – US$/t based on current capacity2 ~$ 132/t EV – US$/t with likely brownfield expansio

  10. Slide 10: Structure

    Structure UltraTech Cement Limited 100% subsidiary w.e.f. 20.11.2018 UltraTech Nathdwara Cement Limited (India) 100% indirect holding 90% indirect holding Binani Cement Factory LLC Shandong Binani Rongan Cement Co. Ltd (UAE) (China) UNCL performance will be consolidated with UTCL 9

  11. Slide 11: UltraTech Consolidated Position: Post Acquisition

    UltraTech Consolidated Position : Post Acquisition Pro forma -Post Particulars Existing1 Acquisition2 Cement Capacity in India (mtpa) 88.5 94.75 TPP Capacity - MW 982 1052 Net Debt (Rs. Crs) 14806 22831 Capital Employed (Rs. Crs) 50259 58284 UltraTech : Strong foot print in Industry 1. Based on 30.0

  12. Slide 12: UltraTech One step ahead...

    ADITYA BIRLA One step ahead... >

  13. Slide 13: Disclaimer

    Disclaimer No statement in this presentation (including any statement of estimated synergies) is intended as a profit forecast or estimate for any period and no statement in this presentation should be interpreted to mean that cash flow from operations, free cash flow, earnings, earnings per share b

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