Aditya Birla Real Estate Ltd · NSE:ABREL
Aditya Birla Real Estate — Century Textiles and Industries — Investor Presentation (June 2021)
49 slides from Aditya Birla Real Estate's investor presentation, Jun 7, 2021
Slide 1: Investor Presentation cover letter to stock exchanges
CENTURY Textiles and Industries Limited REGD. OFFICE : "CENTURY BHAVAN", DR. ANNIE BESANT ROAD, WORLI, MUMBAl-400 030. INDIA. TEL.:+91-22-2495 7000 FAX:+91-22-2430 9491,+91-22-24361980 E-Mail: ctil.ho@birlacentury.com Website: www.centurytextind.com CIN-L17120MH1897PLC000163 OUR REF.: SH/XIl/2021 05
Slide 2: Investor Presentation – June 2021
Century Textiles and Industries Limited Investor Presentation – June 2021
Slide 3: Table of Contents
2 TABLE OF CONTENTS Company Overview Real Estate Pulp and Paper Textiles Financials
Slide 4: Snapshot
3 SNAPSHOT 123 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 123-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 A state-of-the-art, UltraTech 100-acre textile Diversification into mill set-up at Launch of Birla Vanya in ‘The Century chemicals Jhagadia in Kalyan and Birla Alokya Spinning & Bharuch, Gujarat in Bengaluru Manufacturing Establishment of Di
Slide 9: Real Estate
8 Real Estate Approx 36 lakh sq. ft. under construction across 3 projects
Slide 10: Executive Summary - Real Estate
9 EXECUTIVE SUMMARY - REAL ESTATE • The B. K. Birla Group forayed into the real estate sector in 2016 Real Estate under the brand name ‘Birla Estates’. REVENUE (RS. IN CRORES) • The company is focused on developing land parcels owned by the 159 Group, as well as growing the business with joint devel
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 MAGADI ROAD (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 Rs. 125 Cr Birla Centurion 3.5 12 RESIDENTIAL Pulp & Paper Cumulative Revenue Project Area Saleable Area Booking Location Potential
Slide 15: Residential & Commercial Sales Highlights
14 RESIDENTIAL & COMMERCIAL SALES HIGHLIGHTS Real Estate Particulars UOM FY21 FY20 % chg YoY Commercial Pulp & Paper Leasing Income Rs. Cr. 125.7 134.6 (7)% Average Rent Realisation (BA&BC) Rs./sft 159.7 171.2 (7)% Residential Textiles Booking Value Rs. Cr. 621.0 464.2 34% Financials Collections Rs.
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 13.12 lakh sq. ft. Saleable Area Phase 1 – 5.24 lakh sq. ft. launched Revenue Potential Rs. 1,134 Crs Residential – 1 BHK, 2 BHK, 3 BHK & 4 Product Type BHK Textiles Cumulative
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. 393 Crs Product Type Residential – 3-Bed and 4-Bed Villaments Textiles Cumulative Sales Achieved B
Slide 18: Birla Navya, Gurugram (JV) – 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 October
Slide 19: ESG – Real Estate
18 ENVIRONMENT, SOCIAL AND GOVERNANCE (ESG) – REAL ESTATE Real Estate ENVIRONMENT SOCIAL GOVERNANCE • Adopted naturally ventilated • We have a decent ratio of woman • Robust compliances of all apartments and Combustion Venting employees at 24% regulatory requirements - RERA, Company’s Act, RBI regul
Slide 20: Pulp & Paper
19 Pulp & Paper Flag bearer in Paper Industry
Slide 21: Pulp & Paper - Executive Summary
20 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 22: Step Towards More Focus on Growing Business
21 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 23: Awards & Certifications (2020-21)
22 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 24: Geographical Presence
23 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 25: Century Pulp & Paper Mill – Manufacturing Capacities
24 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 26: Product Portfolio
25 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 27: Key Initiatives Envisaged
26 KEY INITIATIVES ENVISAGED Real Estate Evaporator Lean Senior Leadership Team PM 3 & 4 Upgradation Workmen Optimization Fibreline & Rec Boiler Apprentice appointment CAPACITY BCTMP Plant Induct MT in sales and train them for RESTRUCTURING EXPANSION New Recovery Boiler/Turbine direct sales rather t
Slide 28: Energy Management
27 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 29: Sustainability
28 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 30: ESG – Pulp & Paper
29 ENVIRONMENT, SOCIAL AND GOVERNANCE (ESG) – PULP & PAPER Real Estate ENVIRONMENT SOCIAL GOVERNANCE • Deployed FEM – Facility environmental • Contributed during pandemic by ordering of 3 • Robust compliances of module & FSLM social labour module nos. Medical Oxygen plants of 9 M3/ hr regulatory req
Slide 31: Strategic Performance (2015-2021)
30 STRATEGIC PERFORMANCE (2015-2021) Real Estate HISTORICAL SALES VOLUMES AND CAPACITY UTILIZATION PERCENTAGE REALISATIONS 103% 100% 434,204 94% 97% 397,812 408,320 415,278 88% 380,533 81% 341,239 Pulp & Paper 51,670 52,602 53,838 60,864 57,395 51,979 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21
Slide 32: Textiles
31 Textiles World’s 2nd and India’s 1st LEED V4 certified textile mfg co.
Slide 33: Executive Summary – Century Textiles
32 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 34: Step Towards More Focus on Growing Business
33 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 35: Birla Century - Journey of Business Sustainability
34 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 36: Geographical Presence
35 GEOGRAPHICAL PRESENCE Real Estate SEGMENT-WISE EXPORTS RTS 6% 6% BRANDS 20% OTC 17% Pulp & Paper TRADERS APPARELS United Kingdom 51% Canada Birla Century plant, ZONE WISE Bharuch, Gujarat United States EAST 6% NORTH Hong Kong 23% Bangladesh Philippines Textiles Sri Lanka WEST SOUTH 51% 20% Malays
Slide 37: Integrated Manufacturing Facility & Process
36 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 38: Product Portfolio
37 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 39: ESG - Textiles
38 ENVIRONMENT, SOCIAL AND GOVERNANCE (ESG) - TEXTILES Real Estate ENVIRONMENT SOCIAL GOVERNANCE • Deployed two modules : FEM – Facility • Keeping our objective of women • Robust compliances of environmental module and FSLM – empowerment, approx. 8-10% of our regulatory requirements - EPF act, Facto
Slide 40: Birla Century, Strategic Performance
39 BIRLA CENTURY, STRATEGIC PERFORMANCE Real Estate BUSINESS MIX CAPACITY UTILIZATION PERCENTAGE 2% 2% 3% 2% 2% 7% 1% 6% 13% 10% 8% 8% 96% 96% 91% 90% 92% 50% 53% 46% 43% 37% 65% 54% Pulp & Paper 47% 42% 46% 48% 38% 30% 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2015-16 2016-17 2017-18 2018-19
Slide 41: Financial Summary
40 Financial Summary 40
Slide 42: Profit & Loss – FY21
41 PROFIT & LOSS – FY21 Real Estate (RS. IN CRORES) Variance Y on Y Particulars FY20 FY21 Amount % Continuing Operations Sales Textiles 735 582 -153 -21% Pulp & Paper Pulp & Paper 2,383 1,774 -609 -26% Real Estate 146 142 -4 -3% Others 67 69 2 3% Total Sales 3,331 2,567 -764 -23% EBITDA Textiles 34
Slide 43: Cash Flow – FY21
42 CASH FLOW – FY21 Real Estate (RS. IN CRORES) Pulp & Birla Yarn & Grand Particulars Textile Rayon H.O. Sub Total Paper Estates Denim Total EBITDA (48) 48 221 31 33 285 (29) 256 MAT Paid (2) (2) (2) Pulp & Paper Dividend Paid (Including Tax) (34) (34) (34) Net Change in Working Capital 93 (36) 149
Slide 44: Cash Flow – FY21
43 Financials Textiles Pulp & Paper Real Estate CASH FLOW – FY21 (RS. IN CRORES)
Slide 45: Capital Employed – As on 31st March, 2021
44 CAPITAL EMPLOYED – AS ON 31st MARCH, 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 129 -
Slide 46: Outstanding Loan
45 OUTSTANDING LOAN Real Estate 1,382 @ 7.80% 1,091 @ 6.88% 23 32 1,021 @ 6.14% Pulp & Paper BEPL- 8.15% 39 BEPL- 7.25% BEPL- 7.20% 400 400 NCD- 7.87% NCD- 7.65% NCD- 5.04% 1,100 79 2 Textiles STL- 6.45% STL- 3.07% STL- 2.00% 580 580 LTL- 7.80% 59 Financials LTL- 6.85% LTL- 6.85% 200 Q4 FY20 Q3 FY21
Slide 47: Financial Performance
46 FINANCIAL PERFORMANCE Real Estate REVENUES (RS. IN CRORES) EBITDA (RS. IN CRORES) PAT (RS. IN CRORES) 1,061 (RS. IN CRORES) 3,947 3,944 499 3,423 851 378 2,616 600 280 Pulp & Paper 285 -15 FY18 FY19 FY20 FY21 FY18 FY19 FY20 FY21 FY18 FY19 FY20 FY21 Textiles NET WORTH (RS. IN CRORES) NET DEBT TO E
Slide 48: Disclaimer
47 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 49: Thank You
48 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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