Aditya Birla Real Estate Ltd · NSE:ABREL
Aditya Birla Real Estate — Century Textiles and Industries — Investor Presentation (February 2021)
41 slides from Aditya Birla Real Estate's investor presentation, Feb 26, 2021
Slide 1: Regulation 30 disclosure cover letter
CENTURY Textiles and Industries Limited REGD. OFFICE : "CENTURY BHAVAN", DR. ANNIE BESANT ROAD, WORLI, MUMBAl-400 030. INDJA. 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 17120MH1S97PLC000163 OUR REF.: SH/XII/ 5
Slide 2: Investor Presentation – February 2021
Century Textiles and Industries Limited Investor Presentation – February 2021
Slide 3: Table of Contents
2 TABLE OF CONTENTS Company Overview Real Estate Pulp and Paper Textiles Financials
Slide 4: Summary
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 rich legacy is built on a steadfast commitment to the dev
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; to be merged A state-of-the-art, with 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
Slide 9: Real Estate
8 Real Estate Over 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 159 Century, as well as growing the business with joint develop
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 13 RESIDENTIAL Pulp & Paper Cumulative Revenue Project Area Saleable Area Booking Location Potential
Slide 15: Pulp & Paper
14 Pulp & Paper Flag bearer in Paper Industry
Slide 16: Pulp & Paper - Executive Summary
15 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 17: Step Towards More Focus on Growing Business
16 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 18: Awards & Certifications
17 AWARDS & CERTIFICATIONS (Last 5 Years) Real Estate Century Pulp and Paper is the holder of following certifications: Pulp & Paper ISO 9001 Century Pulp & Paper is proud to be recognized with Our moments of pride in FY19-20 these awards in the field of energy conservation: • The Lalkuan plant won
Slide 19: Geographical Presence
18 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 20: Century Pulp & Paper Mill – Manufacturing Capacities
19 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 21: Product Portfolio
20 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 manufacture different type of • Set up in
Slide 22: Key Initiatives Envisaged
21 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 23: Energy Management
22 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. Saving of energy usages through: e
Slide 24: Sustainability
23 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 25: Strategic Performance (2015-2020)
24 STRATEGIC PERFORMANCE (2015-2020) 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 74% 231,348 Pulp & Paper 51,670 52,602 53,838 60,864 57,395 52,212 2015-16 2016-17 2017-18 2018-19 2019-20 9M- FY21
Slide 26: Textiles
25 Textiles World’s 2nd and India’s 1st LEED V4 certified textile mfg co.
Slide 27: Executive Summary – Century Textiles
26 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 28: Step Towards More Focus on Growing Business
27 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 29: Birla Century - Journey of Business Sustainability
28 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 30: Geographical Presence
29 GEOGRAPHICAL PRESENCE Real Estate SEGMENT-WISE EXPORTS 13% RTS 6% BRANDS 33% OTC 19% Pulp & Paper APPARELS United Kingdom TRADERS 29% Canada Birla Century plant, ZONE WISE Bharuch, Gujarat United States EAST 9% Hong Kong NORTH 28% Bangladesh Philippines Textiles Sri Lanka WEST 44% SOUTH Malaysia
Slide 31: Integrated Manufacturing Facility & Process
30 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 32: Product Portfolio
31 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 33: Birla Century, Strategic Performance
32 BIRLA CENTURY, STRATEGIC PERFORMANCE Real Estate BUSINESS MIX CAPACITY UTILIZATION PERCENTAGE 2% 2% 3% 2% 2% 10% 1% 6% 13% 10% 8% 8% 96% 96% 92% 91% 90% 50% 53% 46% 43% 32% 54% 57% Pulp & Paper 47% 46% 50% 38% 42% 30% 2015-16 2016-17 2017-18 2018-19 2019-20 9M- FY21 2015-16 2016-17 2017-18 2018-1
Slide 34: Financial Summary
33 Financial Summary 33
Slide 35: Profit & Loss – Q3 FY21
34 PROFIT & LOSS – Q3 FY21 Real Estate (RS. IN CRORES) Q3 FY 21 Variance Q on Q Variance Y on Y Particulars Q3 FY 20 Q2 FY 21 Actual Amount % Amount % Continuing Operations Sales Textiles 195 125 216 91 73% 21 11% Pulp & Paper Pulp & Paper 606 419 489 70 17% -117 -19% Real Estate 37 35 36 1 3% -1 -3
Slide 36: Cash Flow – Q3 FY21
35 CASH FLOW – Q3 FY21 Real Estate (RS. IN CRORES) Pulp & Birla Sub Yarn & Grand Particulars Textile Rayon H.O. Paper Estates Total Denim Total EBITDA 1 12 60 8 28 109 (7) 101 MAT Paid - - Pulp & Paper Dividend Paid (Including Tax) - - Net Change in Working Capital 8 (9) 17 (20) (4) (4) Income Tex R
Slide 37: Capital Employed – As on 30th September 2020
36 CAPITAL EMPLOYED – AS ON 30th SEPTEMBER 2020 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 400 269 2,517 1,233 4,419 4,419 B) (i) Current & Non Current Assets Pulp & Paper Inventory 136 3
Slide 38: Statement of Outstanding Loan
37 STATEMENT OF OUTSTANDING LOAN (RS. IN CRORES) Real Estate O/s as on O/s as on O/s as on Particulars 31/03/20 30/09/20 31/12/20 Long Term Loans 202 465 580 Average Rate of Interest 7.79% 6.85% 6.85% Pulp & Paper Short Term and Working Capital Loans 57 440 79 Average Rate of Interest 6.48% 4.04% 3.
Slide 39: Financial Analysis
38 FINANCIAL ANALYSIS Real Estate REVENUES (RS. IN CRORES) EBITDA (RS. IN CRORES) PAT (RS. IN CRORES) 1,061 (RS. IN CRORES) 3,947 3,944 499 3,423 851 378 600 280 1,777 Pulp & Paper 205 -10 FY18 FY19 FY20 9M- FY21 FY18 FY19 FY20 9M- FY21 FY18 FY19 FY20 9M- FY21 Textiles NET WORTH (RS. IN CRORES) NET
Slide 40: Disclaimer
39 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 41: Thank You
40 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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