Ballarpur Industries Limited (BILT): Audited Financial Results for FY 2013-14

BILT FY 2013-14 PAT at Rs.617 million

BILT FY 2013-14 PBT at Rs.296 million

BILT FY 2013-14 EBIDTA at Rs.9481 million

BILT FY 2013-14 Revenue increase by 8% from Rs.48548 million to Rs.52203 million

Ballarpur Industries Limited (BILT) today announced its financial and operating results for FY 2013-14 and Q4 FY 2013-14.

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

BILT CONSOLIDATED (Q4 FY 2013-14 v/s Q4 FY 2012-13)

• Revenues at Rs.11983 million compared with Rs 11984 million.
• EBIDTA at Rs 2346 million vis-a-vis Rs 2133 million.
• PAT at Rs 11 million vis-a-vis Rs. 215 million.
• Fully Diluted EPS  at Re.0.01 compared with Re.0.26
• The Company’s cash generation from operations (PAT + Depreciation + Deferred Tax Liability + Amortisation) is Rs. 1403 million vis-a-vis Rs. 1156 million. 

BILT CONSOLIDATED ( FY 2014 v/s  FY 2013)

• Revenues at Rs.52203 million compared with Rs 48548 million.
• EBIDTA at Rs 9481 million vis-a-vis Rs 8756 million.
• PBT at Rs 296 million vis-a-vis Rs 772 million.
• PAT at Rs 617 million vis-a-vis Rs. 936 million.
• Fully Diluted EPS  at Re.0.76 compared with Re.1.19
• The Company’s cash generation from operations (PAT + Depreciation + Deferred Tax  Liability + Amortisation) is Rs.5198 million vis-a-vis Rs.5185 million

• Total paper production of 8,36,393 MT in  FY 2013-14 compared to 8,34,050 MT in  FY 2012-13.
• Total paper production of 2,03,328 MT in Q4 FY 2013-14 compared to 2,00,371 MT in Q4 FY 2012-13.
• Total paper sales of 8,30,336 MT in  FY 2013-14 compared with 8,30,344 MT in  FY 2012-13.
• Total paper sales of 1,97,984 MT in Q4 FY 2013-14 compared with 2,00,934 MT in Q4 FY 2012-13
• Total Rayon Grade Pulp production of 57,238 MT in FY 2013-14 compared to 80,859 MT in   FY 2012-13.
• Total Rayon Grade Pulp production of 843 MT in Q4 FY 2013-14 compared to 18,321 MT in Q4 FY 2012-13
• Total Rayon Grade Pulp sales of 55,130 MT in FY 2013-14 compared with 81,176 MT in FY 2012-13.
• Total Rayon Grade Pulp sales of 2,374 MT in Q4 FY 2013-14 compared with 18,149 MT in Q4 FY 2012-13.
• Total SFI (Market Pulp) production of 83,198 MT in FY 2013-14 compared to 68,891 MT in  FY 2012-13.
• Total SFI (Market Pulp) production of 19,831 MT in Q4 FY 2013-14 compared to 12,931 MT in Q4 FY 2012-13.
• Total SFI (Market Pulp) sales of 83,370 MT in . FY 2013-14 compared with 73,280 MT in  FY  2012-13
• Total SFI (Market Pulp) sales of 19,865 MT in Q4 FY 2013-14 compared with 11,269 MT in Q4 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:

Snehal Vaidya

Adfactors PR

+91 9820167242