Aditya Birla Real Estate Limited

J. C. Laddha

MANAGING DIRECTOR, CENTURY TEXTILES AND INDUSTRIES LIMITED

R. K. Dalmia

SENIOR PRESIDENT OF

Vijay Kaul

CEO OF CENTURY PULP

K. T. Jithendran

CEO OF BIRLA ESTATES, CENTURY TEXTILES AND INDUSTRIES LIMITED

Snehal Shah

CHIEF FINANCIAL

Biplab Debbarma

ANTIQUE STOCK

INR 1,000 crore

during the financial year, we achieved the highest lifetime turnover in textiles business crossing INR 1,000 crore mark. For the financial year end, the consolidated turnover grew by 58% year-on-year, INR 4,068 cr

58%

iness crossing INR 1,000 crore mark. For the financial year end, the consolidated turnover grew by 58% year-on-year, INR 4,068 crore due to a significant revival in both the manufacturing businesses of

INR 4,068 crore

1,000 crore mark. For the financial year end, the consolidated turnover grew by 58% year-on-year, INR 4,068 crore due to a significant revival in both the manufacturing businesses of paper and textiles. The EBITD

71%

revival in both the manufacturing businesses of paper and textiles. The EBITDA for FY ‘22 grew by 71% year-on-year to is INR 487 crore with consolidated EBITDA margin of 12% and the profit -- net prof

INR 487 crore

nufacturing businesses of paper and textiles. The EBITDA for FY ‘22 grew by 71% year-on-year to is INR 487 crore with consolidated EBITDA margin of 12% and the profit -- net profit after tax grew to INR 154 cror

12%

EBITDA for FY ‘22 grew by 71% year-on-year to is INR 487 crore with consolidated EBITDA margin of 12% and the profit -- net profit after tax grew to INR 154 crore per from a loss of INR 15 crore in th

INR 154 crore

NR 487 crore with consolidated EBITDA margin of 12% and the profit -- net profit after tax grew to INR 154 crore per from a loss of INR 15 crore in the previous financial year. For the fourth quarter under re

INR 15 crore

ITDA margin of 12% and the profit -- net profit after tax grew to INR 154 crore per from a loss of INR 15 crore in the previous financial year. For the fourth quarter under review, the consolidated turnover s

45%

he previous financial year. For the fourth quarter under review, the consolidated turnover saw a 45% growth YoY to INR 1,188 crore while EBITDA for the quarter increased by 65% to INR 133 crore and n

INR 1,188 crore

al year. For the fourth quarter under review, the consolidated turnover saw a 45% growth YoY to INR 1,188 crore while EBITDA for the quarter increased by 65% to INR 133 crore and net profit after tax for the qu

65%

lidated turnover saw a 45% growth YoY to INR 1,188 crore while EBITDA for the quarter increased by 65% to INR 133 crore and net profit after tax for the quarter stood at INR 84 crore against a loss of

INR 133 crore

turnover saw a 45% growth YoY to INR 1,188 crore while EBITDA for the quarter increased by 65% to INR 133 crore and net profit after tax for the quarter stood at INR 84 crore against a loss of INR 4 crore in th

“In our real estate business, we achieved a major milestone is a successful launch of our flagship project Birla Niyaara at Century Mills Worli in February 2022.”

“In the fourth quarter in February, we launched our much-anticipated flagship project Birla Niyaara at Worli Mumbai, which received an overwhelming response from the customers despite COVID-19 disruptions, early in the quarter.”

“We completely sold out the launched first phase of Birla Navya at Gurugram with total sales of group INR 624 crore on phase one of this project till date.”

“The project has an estimated revenue potential of almost INR 3,000 crore and development potential of around 4 million square feet and will comprise both high- and low-rise residential developments along with retail and commercial elements.”

“Given the current domestic and global economic situation, as well as the reopening of all paper conjunction centers, the Indian paper industries showed to medium term outlooks appears to be optimistic.”

“Furthermore, we have plan to increase our geographic projects under new market like Australia, Saudi Arabia, and Russia after Ukraine war.”

“Financial year ‘23 will be challenging in terms of pricing and we are cautiously monitoring the input cost scenario.”

“And this will be used in next project running at site.”

“In our real estate division, we have implemented prevent measures to reduce air pollution and also conducted a study to develop project specific air purification solutions.”

“One is for Worli project, in this current phase what percentage of the phase we have sold in the preliminary, booking.”

KT Jithendran

25

Vijay Kaul

10

Moderator

8

J. C. Laddha

7

Pratik Singhania

7

Amit Srivastava

6

Deepak Lalwani

6

Harsh Pathak

5

Akshay Ajmera

4

Biplab Debbarma

3

Biplab Debbarma

Thank you, Neerav. Hello everyone, and welcome to the post results conference call to discuss four 4Q FY ‘22 earnings of Century Textiles and Industries Limited, hosted by Antique Stock Broking Limited. Today we have with us, the management of Century Textiles and Industry represented by Mr. J. C. Laddha -- Managing Director; Mr. R. K. Dalmia -- Senior President and Full Time Director; Mr. Vijay Kaul -- CEO, Century Pulp & Paper; Mr. K. T. Jithendran -- CEO, Birla Estates; and Mr. Snehal Shah -- Chief Financial Officer. The format of the discussion would be a brief opening remark by the management followed by Q&A session. Without further delay, let me hand the call to Mr. Laddha over to you, sir.

J. C. Laddha

Thank you very much. A very good afternoon to everyone joining us today. It is my pleasure to welcome you all to the earnings conference call for the fourth quarter and financial year ended 2022. Since this call marks the end of FY ‘22 and beginning of FY ‘23, let me start with the macro-overview first. The past financial year was a year of rollercoaster for the global economy. Factors such as supply chain disruptions, driven by container shortage, elevated international commodity prices, creating inflationary pressures on input costs for all businesses. Global financial market volatility, furthermore, the rising tensions due to the Russia Ukraine crisis continued to exert pressures on all economies. Domestically, the high vaccination rates and rapid government measures ensure that the impact of third COVID-19 wave remain minimal, resulting in gradual opening of conjunction centers. The Central Bank’s accommodative stance to maintain the status quo on repo rate also acted as a sentimen

R. K. Dalmia

Thank you, Mr. Laddha. Good afternoon, ladies and gentlemen. For the fourth quarter under review, the sales grew by 54% year-on-year to -- year-on-year INR 308 crore while EBITDA grew significantly to INR 11 crore in this quarter from negative INR 9 crore in same quarter in the previous year. For the financial year ended, sale grew by 78% to and all time high to INR 1,037 crore, while EBITDA grew to INR 29 crore against EBITDA loss last financial year. In quarter four ‘22 apparel fabric witnessed good retail demand, but margins got impacted by steep rise in cotton prices coupled with increasing power and chemical prices. In Bed Linen segment, due to increase in cotton prices and higher inventory level in the U.S. orders slow down during second half of the year causing significant drop in market prices, prices are expected to be a point of concern till the cotton market settles down. During the quarter we launch the Hill & Glade line of home textile at domestic market. Our focus for fin

J. C. Laddha

Thank you, Mr. Dalmia. Lastly, let me highlight to you on the various ESG environment, social and governance initiatives undertaken during the quarter. At Century Pulp and Paper, despite having set a goal of distributing 1 million seeds and saplings to farmers in FY ‘22, I am pleased to inform that the team could distribute 1.6 million seeds and saplings in FY ‘22. It also continued to maintain its program of using wood bark as a fuel in boiler, substituting a significant part of virgin coal and thereby lowering carbon emission. On the social front, we undertook repairing waterproofing and planting work at Janta Inter College, Bindukhatta, Lalkuan district Nainital for provision of drinking water in Shantipuri region, we installed 20 hand pumps and on the request of Chief Minister Uttarakhand, we made the provision for blood bank at government hospital, Khatima district, US Nagar, which would benefit 7,500 people in that region. In our textile business, we successfully completed upcycl

Parin Gala

Thank you very much. We will now begin The first question is from the line of Parin Gala from SageOne Investment. Please go ahead. the question-and-answer session. Yes, thank you for the opportunity. And sir, congratulations on great set of numbers. Sir I just have two questions regarding the real estate division. One is for Worli project, in this current phase what percentage of the phase we have sold in the preliminary, booking. And second is 0 CENTURYTEXTILESAND INDUSTRIES LIMITED Century Textiles and Industries Limited April 25, 2022 in the new Bangalore project in that JDA. What are the timelines of starting the project and the completion?

KT Jithendran

Yes, Okay. Sorry. I just missed the first part of the question, I heard about the Bangalore project, the Bangalore project in about 12 to 15 months, we should be starting this project. It'll take about 12 to 15 months for us to launch this project, which is the first part of the question?