BILT 9M FY 2013-14 revenue increase by 10% from Rs.36463 million to Rs. 40204 million

22/05/2014 13:08

BILT 9M FY 2013-14 PAT at Rs. 605 million BILT 9M FY 2013-14 PBT at Rs. 409 million BILT 9M FY 2013-14 EBIDTA at Rs.7134 million

BILT 9M FY 2013-14 revenue increase by 10% from Rs.36463 million to Rs. 40204  million

Avantha Group Company, Ballarpur Industries Limited (BILT) today announced its financial and operating results for 9M FY 2013-14 and Q3 FY 2013-14.

*BILT follows a July 1 – June 30 fiscal year; therefore the current announcement covers the Company’s financial performance for the nine month and third quarter of Fiscal Year 2014.

BILT CONSOLIDATED (Q3 FY 2013-14 v/s Q3 FY 2012-13)

•   Revenues at Rs.13543 million compared with Rs 12307 million.

•   EBIDTA at Rs 2534 million vis-a-vis Rs 2203 million.

•   PBT at Rs 177 million vis-a-vis Rs 111 million.

•   PAT at Rs 187 million vis-a-vis Rs.146 million.

•   Fully Diluted EPS at Rs 0.24 compared with Rs.0.19

•   The Company’s cash generation from operations (PAT + Depreciation + Deferred Tax
Liability + Amortisation) is Rs.1386 million vis-a-vis Rs.1240 million.

BILT CONSOLIDATED (9M FY 2014 v/s 9M FY 2013)

•   Revenues at Rs.40204 million compared with Rs 36463 million.

•   EBIDTA at Rs 7134 million vis-a-vis Rs 6626 million.

•   PBT at Rs 409 million vis-a-vis Rs 663 million.

•   PAT at Rs 605 million vis-a-vis Rs.712 million.

•   Fully Diluted EPS at Rs 0.75 compared with Rs.0.91

•   The Company’s cash generation from operations (PAT + Depreciation + Deferred Tax
Liability + Amortisation) is Rs.3794 million vis-a-vis Rs.4020 million.

Operating overview

•   Total paper production of 6,33,066 MT in 9M FY 2013-14 compared to 6,33,677 MT in 9M FY 2012-13.

•   Total paper production of 2,12,082 MT in Q3 FY 2013-14 compared to 2,10,374 MT in Q3 FY 2012-13.

•   Total paper sales of 6,32,352 MT in 9M FY 2013-14 compared with 6,29,809 MT in 9M FY 2012-13.

•   Total paper sales of 2,09,951 MT in Q3 FY 2013-14 compared with 2,09,301 MT in Q3 FY 2012-13.

•   Total Rayon Grade Pulp production of 56,412 MT in 9M FY 2013-14 compared to 62,538 MT in 9M FY 2012-13.

•   Total Rayon Grade Pulp production of 17,075 MT in Q3 FY 2013-14 compared to 21,392 MT in Q3 FY 2012-13

•   Total Rayon Grade Pulp sales of 52,772 MT in 9M FY 2013-14 compared with 63,027 MT in 9M FY 2012-13.

•   Total Rayon Grade Pulp sales of 15,750 MT in Q3 FY 2013-14 compared with 23,367 MT in Q3 FY 2012-13.

•   Total SFI (Market Pulp) production of 63,367 MT in 9M FY 2013-14 compared to 55,960 MT in 9M FY 2012-13.

•   Total SFI (Market Pulp) production of 23,756 MT in Q3 FY 2013-14 compared to 19,394 MT in Q3 FY 2012-13

•   Total SFI (Market Pulp) sales of 63,504 MT in 9M FY 2013-14 compared with 62,010 MT in 9M FY 2012-13.

•   Total SFI (Market Pulp) sales of 22,841 MT in Q3 FY 2013-14 compared with 22,14MT in Q3 FY 2012-13.

About BILT:

Avantha Group Company Ballarpur Industries Limited (BILT) is India’s largest manufacturer of writing and printing (W&P) paper. BILT’s subsidiaries include BILT Graphic Paper Products Limited (BGPPL), Sabah Forest Industries (SFI), Malaysia’s largest pulp and paper company, and BILT Tree Tech Limited (BTTL), which runs BILT’s farm forestry programme in several states in India. BILT and BGPPL have six manufacturing units across India, which give the company geographic coverage over most of the domestic market. BILT has a dominant share of the high‐end coated paper segment in India. It accounts for over 53% of the coated wood‐free paper market, an impressive 80% of the bond paper market and nearly 35% of the hi‐bright Maplitho market, besides being India’s largest exporter of coated and uncoated paper. BILT’s acquisition of SFI in 2007 was a watershed event – it was the first overseas acquisition by an Indian paper company, it transformed BILT into a major regional player, and elevated BILT’s
ranking among the global top 100.

About Avantha:

The Rs. 25,000 crores (US$4bn) Avantha Group is one of India’s leading business conglomerates. Its successful entities in diversified sectors include Crompton Greaves (power transmission and distribution equipment and services), BILT (paper and pulp), The Global Green Company Limited (food processing), Biltech Building Elements Limited (infrastructure), Avantha Power (energy), Salient Business Solutions Limited (IT and ITES), Jg Glass (glass containers).

With a global footprint, the Group operates in 90 countries with more than 25,000 employees worldwide. Led by Founder and  Chairman Gautam Thapar, Avantha demonstrates strong leadership globally and emerges as a focused corporate, leveraging its knowledge, leadership and operations, adding lasting value for its stakeholders and investors.

For more information on Avantha, please visit www.avanthagroup.com

For further information contact:

B.Hariharan
Group Director – Finance
Avantha Group
Tel: +91 124 4099 217
Fax: +91 124 280 4260
Email: bhariharan@bilt.com
Mrs. Shravani Dang
VP & Group Head of Corporate Communications
Avantha Group
Tel:+911141699282
Mobile:+919811261080
Email: s.dang@avanthagroup.com