DOCSLIB.ORG

Aditya Birla Nuvo Ltd. 40 Contact Us

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Aditya Birla Nuvo Ltd. 40 Contact Us Key Highlights 3 – 7 Business-wise Performance 8 – 20 Going Forward 21 Financials and other Annexure 22 – 41 Note 1 : The financial results of ABNL are consolidated financials prepared as per Ind-AS unless otherwise specified Note 2 : The financial figures in this presentation have been rounded off to the nearest ` 1 Crore Glossary RMS – Revenue Market Share CY – Current Year ROACE – Return on Avg. Operating Capital Employed based on EBIT FY – Financial Year (April-March) VLR – Visitor Location Register PY – Corresponding period in Previous Year VAS – Value Added Services PQ – Previous Quarter TPA – Tons per annum Q1– April-June AAUM – Quarterly Average Assets under Management Q2– July-September FYP – First Year Premium Income YTD – Year to date PPI – Prepaid Payment Instrument CAB – Corporate Agents and Brokers Banca - Bancassurance 2 Aditya Birla Financial Services ` 2,17,840 Crore ` 31,823 Crore Funds under Management1 as on Loan book (Incl. Housing Finance) as 30th Sept 2016 (20%↑ y-o-y) on 30th Sept 2016 (54%↑ y-o-y) Revenue EBT Q2: ` 2,535 Cr. (29%↑ y-o-y) Q2: ` 348 Cr. (66%↑ y-o-y) YTD: ` 4,703 Cr. (21%↑ y-o-y) YTD: ` 631 Cr. (41%↑ y-o-y) Telecom (Idea Cellular) 19.3% (Q1 FY17) ` 1,941 Crore (Q2 FY17) 3rd largest in India with improved Standalone3 post tax cash profit revenue market share2 (PY: 18.7%) supporting balance sheet & growth plans 2 1 Includes AUM of Life Insurance, Private Equity and quarterly average AUM of Asset Management businesses Based on gross revenue for UAS and mobile licenses only (Source : TRAI) 3 3 Standalone = Idea Cellular and its wholly owned subsidiaries Divisions (Jaya Shree, Indo-Gulf fertilisers, Indian Rayon, Aditya Birla Insulators) 21% p.a. ` 566 Crore (Pre tax) Healthy ROACE (H1FY17) Strong FCF to firm (H1FY17) 6,200 TPA ~750 TPA Almost doubling linen yarn capacity from Scaling up VFY capacity at a capex of 3,400 TPA to 6,200 TPA by Q1 FY18 ` 40 Cr. by Q1 FY18 New Ventures Solar Power Payments Bank Financial closure & land acquisition in Targeting to launch services by the first process for 60 MW projects in Karnataka half of 2017, subject to RBI approval 4 Draft scheme of arrangement has been filed with the Stock Exchanges. After receipt of NOC from the Stock Exchanges, the Scheme will be filed with the Gujarat High Court Adjusted share exchange & share entitlement ratio on account of sub-division of Grasim’s equity shares from 1 equity share of Rs. 10 each to 5 equity shares of Rs. 2 each w.e.f. 6th October 2016 Share Exchange Ratio : Pursuant to amalgamation of ABNL with Grasim, shareholders of ABNL will be allotted 15 equity shares of Rs. 2 each of Grasim in exchange of every 10 equity shares of Rs. 10 each held in ABNL Share Entitlement Ratio : Pursuant to de-merger of Financial Services business, shareholders of merged entity (Grasim) will be entitled to and allotted 7 equity shares of Rs. 10 each of Aditya Birla Financial Services Ltd. for every 5 equity shares of Rs. 2 each held in the merged entity (Grasim) The transaction is subject to regulatory approvals and is expected to be completed by the first half of the calendar year 2017. 5 Standalone Net Debt Standalone Ratios ( ` Crore) 3,935 Net Debt/annualised EBITDA Net Debt/Equity 3,584 3,196 4.6 2,199 3.0 2.6 2.3 O/s 0.46 1,151 1,193 1,112 0.39 0.42 772 Fertilisers 0.22 Mar'14 * Mar'15 * Mar'16 Sept'16 Subsidy Mar'14 * Mar'15 * Mar'16 Sept'16 Led by proceeds of ` 1,664 Cr. from sale of 23% stake in Birla Sun Life Insurance (BSLI) and realisation of fertiliser subsidy, Net Debt stand reduced by ` 1,736 Cr. during the half year Further realised fertiliser subsidy of ` 480 Cr. in Oct-Nov ‘16 Annual Capital requirements for FY17 are : Capex of ~` 325 Cr. for divisions including ` 191 Cr. & ` 40 Cr. towards Linen Yarn & VFY capacities expansion Capital requirement of ~ ` 900 Cr. for Financial Services businesses including new ventures – Payments Bank and Health Insurance During H1 FY17, spent capex of ` 96 Cr. for divisions & infused capital of ` 372 Cr. in Financial Services * Reported financials as per Indian GAAP 6 Revenue1 EBITDA 1 Net Profit 1 ( ` Crore) ( ` Crore) ( ` Crore) 3,594 3,284 1,049 322 283 Q2 9% 713 12% 47% FY16 FY17 FY16 FY17 FY16 FY17 6,790 2,020 2 6,475 674 587 Half 1,440 5% Year 40% 13% FY16 FY17 FY16 FY17 FY16 FY17 Note 1: The Company has adopted Indian Accounting Standards (Ind AS) w.e.f. 1st April 2016. The financials for the quarter and half year ended 30th September 2015 are also Ind AS compliant. The above financials have been reviewed by the Audit Committee and taken on record at the Board meeting held on 10 th November 2016. Note 2: Excluding exceptional gain of ` 355 Cr. pertaining to cessation of Pantaloons Fashion & Retail Ltd. as subsidiary of ABNL. Note 3: Solar JV, Idea Cellular Ltd. and Birla Sun Life Asset Management Co. Ltd. have been consolidated based on equity accounting as per Ind AS. 7 Performance highlights : Q2 FY 2016-17 8 Funds under Management1 crosses ` 200,000 Cr. mark (20%↑ y-o-y) Among Top 5 ABFS Lending book (incl. Housing) crosses ` 30,000 Cr. mark (54%↑ y-o-y) Fund Managers in India (excl. LIC) Improved market standing Birla Sun Life # 4 Insurance NBFC business continues to grow ahead of the market Private Life Insurance Company in India Market share improved y-o-y in the Life Insurance, Asset Management and Insurance Advisory businesses Birla Sun Life # 4 AMC Asset Management Company in India Strategic Updates Having received IRDAI approval, the health Insurance business is Among Aditya Birla Finance targeting to launch retail products in Q3FY17. Top 7 Private NBFCs in India (excl. HFCs) Revenue (` Crore) EBT (` Crore) Among Aditya Birla Insurance (Established businesses2) (Established businesses2) Top 5 Brokers 4,570 696 General Insurance brokers in India 3,847 494 2,462 376 1,951 Aditya Birla Money 19% 238 41% # 1 MyUniverse 26% 58% Personal Finance Management Portal Q2FY16 Q2FY17 H1FY16 H1FY17 Q2FY16 Q2FY17 H1FY16 H1FY17 1Includes AUM of Life Insurance, Private Equity & quarterly AAUM of Asset Management businesses 2 Established businesses include Life Insurance, Asset Management, NBFC, Private Equity, Broking, Wealth Management & General Insurance Broking businesses 9 Aditya Birla Finance Ltd. (ABFL) - NBFC Among Ranking Channel & WCDL Top 7 Vendor 3% 3% Private NBFCs in India (excl. HFCs) Bonds 1% Term Loan Broker 3% 22% Retail 6% ` 28,951 Cr. 47%↑y-o-y Corporate Promoter 6% Loan 4% Loan book as on 30th Sept ’16 (Excl. HFC) Loan Mix ` 28,951 Cr. Construction Structured (Sept’16) Growing its well diversified portfolio ahead of the market Finance 6% Finance 2% Steady growth across all the segments LRD 7% Project Loan Continuously growing unsecured lending portfolio - Plans to LAP 22% 12% expand footprint from current 6 to 18 locations by FY17 end Others 3% Portfolio quality continues to be strong led by robust (` Crore) Q2FY16 Q2FY17 ∆ % credit appraisal and risk management framework Gross NPA at 0.74% (PY: 0.90%) stands lowest among Revenue 562 822 46%↑ the top 5 NBFCs operating in similar lines of business EBT 140 222 59%↑ Net Worth 2,579 4,066 58%↑ Net NPA at 0.32% (PY: 0.27%) Strong growth in earnings and sound return ratios Return Ratios H1 FY16 H1 FY17 ROE (p.a.) 15.1% 15.3% Healthy internal accruals supporting loan book growth ROA (p.a.) 2.14% 2.07% Net Worth crosses ` 4,000 Cr. mark Note : ROE & ROA are based on monthly average as per Indian GAAP 10 Birla Sun Life Insurance Co. Ltd. (BSLI) Ranks # 4 in India with new business1 market share at 8.5% (Apr – Sep’16) In Q2, New business premium grew y-o-y by 33% to ` 486 Cr. (` Crore) Gross Individual Life FYP rose by 5% to ` 170 Cr. and Group FYP Q2FY16 Q2FY17 ∆ % Premium rose by 56% to ` 316 Cr. First Year 365 486 33%↑ Improvement in quality of business (H1 FY17) - Individual 162 170 5% ↑ 13th month persistency improved y-o-y from 59.6% to 67.7% - Group 203 316 56%↑ Share of traditional products increased to 72% (PY: 63%) Renewal 830 748 10%↓ Share of Non PAR increased to 27% (PY: 10%) Total 1,194 1,234 3% ↑ Augmenting distribution strength for balanced channel mix Non Agency channels contributed to 25% (PY: 17%) of Individual New business premium income during the half year AUM at ` 33,800 Cr. (10%↑ y-o-y) Note 1: In terms of Annual Premium Equivalent (APE) among private sector players 11 Birla Sun Life Asset Management Co. Ltd. (BSLAMC) Ranks # 4 in India with AAUM market share at 10.49% (PY: 10.15%) (` Crore) Equity ranking at #4 with 8.04% share (PY: 7.42%) Q2FY16 Q2FY17 ∆ % Total AAUM rose by 22% y-o-y and 12% q-o-q to ` 183,033 Cr. AAUM 150,271 183,033 22%↑ Revenue 193 243 26%↑ Strong focus on scaling up retail and high margin assets EBT 96 96 Domestic Equity AAUM rose to ` 40,779 Cr. (31%↑ y-o-y, 17%↑ q-o-q) Net Worth 722 966 34%↑ PMS AAUM more than doubled y-o-y to ` 2,154 Cr. (44%↑ q-o-q) AAUM from B-15 cities grew y-o-y by 50% vis-à-vis 38% industry growth from B-15 cities (Source: CAMS) Market Share Consistently gaining market share with focus on retail segment Total AAUM Equity AAUM Q2FY17 ∆% (y-o-y) 10.49% Share of Equity in domestic AAUM 24.1% 83 bps↑ 10.15% Live SIP market share 9.82% 45 bps↑ 7.42% 8.04% Monthly SIP book size ` 372 Cr.
Load more

Recommended publications
  • HINDALCO INDUSTRIES LIMITED Registered Office: Century Bhavan, 3Rd Floor, Dr
    LETTER OF OFFER November 25, 2005 For Equity Shareholders of the Company Only HINDALCO INDUSTRIES LIMITED Registered Office: Century Bhavan, 3rd Floor, Dr. Annie Besant Road, Worli, Mumbai 400 025, India. We were incorporated on December 15, 1958 as Hindustan Aluminium Corporation Limited under the provisions of the Companies Act, 1956. We changed our name from Hindustan Aluminium Corporation Limited to Hindalco Industries Limited on October 9, 1989. The Registered Office of the Company was shifted from Industry House, 159 Churchgate Reclamation, Mumbai 400 020, India effective September 1, 1970. (For further details see “History of the Company and Other Corporate Matters” on page 80 of this Letter of Offer.) Tel: +91-22-56626666; Fax: +91-22-24227586/24362516 Contact Person: Mr. Anil Malik, Company Secretary and Compliance Officer E-mail: [email protected], Website: www.hindalco.com For private circulation to the Equity Shareholders of the Company only LETTER OF OFFER FOR PRIVATE CIRCULATION TO THE ORDINARY SHAREHOLDERS OF THE COMPANY ONLY ISSUE, ON A RIGHTS BASIS OF 231,936,993 EQUITY SHARES WITH A FACE VALUE OF Re. 1 EACH AT A PREMIUM OF Rs. 95 PER EQUITY SHARE FOR AN AMOUNT AGGREGATING Rs. 22,266 MILLION TO THE EXISTING EQUITY SHAREHOLDERS IN THE RATIO OF ONE EQUITY SHARE FOR EVERY FOUR EXISTING EQUITY SHARES HELD BY THE EXISTING SHAREHOLDERS ON THE RECORD DATE, i.e., NOVEMBER 28, 2005 ON A PARTLY PAID BASIS IN TERMS OF THIS LETTER OF OFFER (“ISSUE”). THE ISSUE PRICE FOR THE EQUITY SHARES WILL BE PAID IN THREE INSTALLMENTS: 25% OF THE ISSUE PRICE WILL BE PAYABLE ON APPLICATION; 25% OF THE ISSUE PRICE WILL BECOME PAYABLE, AT THE OPTION OF THE COMPANY, BETWEEN 9 AND 12 MONTHS AFTER THE ALLOTMENT DATE; AND 50% OF THE ISSUE PRICE WILL BECOME PAYABLE, AT THE OPTION OF THE COMPANY, BETWEEN 18 AND 24 MONTHS AFTER THE ALLOTMENT DATE.
    [Show full text]
  • Subject Index
    Economic and Political Weekly INDEX Vol XXXIX Nos 1-52 January-December 2004 No Pages No Pages No Pages January 3-9 (Globalisation: May 15-21 20 1977-2064 September 25-October 1 39 4285-4388 New Politics and May 22-28 (Higher Education: October 2-8 40 4389-4480 Old Dilemmas) 1 1-116 Some Reflections) 21 2065-2184 October 9-15 41 4481-4580 January 10-16 2 117-208 May 29-June 4 (Review 22 2185-2320 October 16-22 42 4581-4676 January 17-23 3 209-304 of Labour) October 23-29 43 4677-4752 January 24-30 4 305-380 June 5-11 23 2321-2412 October 30-November 5 January 31-February 6 June 12-18 24 2413-2536 (Review of Women (Review of Industry and June 19-25 25 2537-2648 Studies) 44 4753-4860 Management) 5 381-508 June 26-July 2 November 6-12 45 4861-4944 February 7-13 6 509-600 (Restructuring Public Finances November 20-26 46,47 4945-5064 February 14-20 for Equitable Growth) 26 2649-2932 November 27-December 3 48 5065-5184 (Demographic Change and July 3-9 27 2933-3072 December 4-10 49 5185-5272 Quality of Life) 7 601-752 July 10-16 (Community December 11-17 50 5273-5344 February 21-27 8 753-856 Health Insurance in India) 28 3073-3208 December 18-24 (National February 28-March 5 July 17-23 29 3209-3312 Election Study 2004) 51 5345-5544 (Delivering Basic Services July 24-30 30 3313-3416 December 25-31 52 5545-5672 for the Poor) 9 857-1000 July 31-August 6 Ed = Editorial March 6-12 10 1001-1092 (Review of Agriculture) 31 3417-3560 F = Features March 13-19 11 1093-1180 August 7-13 32 3561-3656 CL = Civil Liberties March 20-26 (Money, August 14-20 33
    [Show full text]
  • Annual Report 2002-2003
    SANSCO SERVICES - Annual Reports Library Services - www.sansco.net ANNUAL REPORT 2002-2003 «*'" -'" ^*«^"li«**"i " *: *" - Indo Gulf Fertilisers Limited www.reportjunction.com SANSCO SERVICES - Annual Reports Library Services - www.sansco.net iVLy vocation, is to strive continuous!)', to reach excellence!in all spheres of management, by weaving the threads of enterprise, knowledge, experience, ideas and tasks into a fabric that can be called "management". Ji-'Iy job' is to motivate, to bring together and fuse human talent, so that they act in harmony and in unison as one team, directed towards a single purpose, arsinglegoal. " | ;j In our .Group, our first and foremost objective is to satisfy our larger family, our family comprising of our shareholders, our customers arid our employees. • ' "I ;! Towards this -objective, our credo is, 'strive for excellence and j perfection in all spheres of management, through continuous improvement.' '•' • ' i ,'; For our shareholder, it is our job, and our commitment to create wealth for him, and to amply reward the faith that he has reposed in us. I : For our customers, we believe, that, 'the customer is always right'. J i Our motto is to give him total satisfaction, in terms of quality and service. For our colleagues and employees, our motto is 'your growth is * our concern'." < I i - We follow in his footsteps. J ADITYA VIKRAM BIRLA November 14. 1943 - October :l. 1.99.5 www.reportjunction.com SANSCO SERVICES - Annual Reports Library Services - www.sansco.net INDO GOLF FERTILISERS LIMITED CHAIRMAN Mr. Kumar Mangalam Birla DIRECTORS Mrs. Rajashree Birla Mr. M.C. Bagrodia Mr.
    [Show full text]
  • Investors Nuvo Results Ppt Q4 FY06 Animation
    PPeerrffoorrmmaannccee RReevviieeww 20052005--0606 ADITYA BIRLA NUVO LIMITED Mumbai, 28th April 2006 Investor Presentation Contents m Strategic Highlights m Business Highlights m Financial performance m Business performance m Business Outlook and Strategy 2 Strategic Highlights m Accepted offer to increase share in high growth Telecom sector à Total investment in Idea stands at Rs. 757.9 Cr for 20.7% equity stake • Acquired 16.5% equity stake in Idea Cellular for Rs. 660.7 Cr in Sep-05 à Accepted offer for 15% equity stake in Idea Cellular for Rs. 1372.7 Cr in Apr-06 • On completion, Nuvo will hold 35.7% shares of Idea (the largest shareholder) m Landmark consolidation to enhance shareholders’ value à Merger of Indo Gulf Fertilizers with Nuvo completed • Indo Gulf‘s assets, liabilities and profit merged with Nuvo from September 1, 2005 • A profit making company with cash surplus of Rs. 448.2 Cr • 1 equity share of Nuvo issued for every 3 shares held in Indo Gulf à Merger of Birla Global with Nuvo is pending sanction of Gujarat High Court m Changed Company name to “Aditya Birla Nuvo Ltd.” to reflect its thrust on new age businesses 3 Business Highlights – Value Businesses Business Growth in Full year Key initiatives Revenue Profits Rayon Caustic soda capacity increased by 45 TPD taking total capacity to 160 TPD Carbon Black Optimization of market, product and logistic mix Textiles Doubling of wool combing facility (to 8000 TPA); Additional weaving capacity (9 looms); Increased retail distribution in Linen Fabric Fertilizers Higher capacity utilisation (115% of re-assessed capacity) mainly due to higher continuous on-stream days and overall high operational efficiency, effective cost management & improved overall realization.
    [Show full text]
  • 201351514147Aditya.Pdf
    DEFINITIONS / ABBREVIATIONS Term Meaning/ Definition/ Complete Term Act The Companies Act, 1956 as amended from time to time ABNL Aditya Birla Nuvo Ltd. Application The form in terms of which, the investors shall apply for the Unsecured, Form Redeemable Non-Convertible Debentures (NCDs) (30th Series) of the Company Articles Articles of Association of the Company AGM Annual General Meeting of the Company Board/BoD/BOD Board of Directors of the Company Beneficial Debenture holder(s) holding Debenture(s) in dematerialized form (Beneficial Owner(s) Owner of the Debenture(s) as defined in clause (a) of sub-section1 of Section 2 of the Depositories Act, 1996) BSE Bombay Stock Exchange Limited. Business Day Business Day means a day (other than a Saturday or Sunday or Public Holiday) on which banks are open for general business in Mumbai. CDSL Central Depository Services (India) Limited. Deemed Date of The date on which allotment for the issue is made shall be date on which Allotment (DDA) application money is received and credited in the account. DP Depository Participant Depository(ies) National Securities Depository Limited (NSDL) and/or Central Depository Services (India) Limited (CDSL) Depositories Act The Depositories Act, 1996 as amended from time to time. Directors Directors on the Board of the Company DRR Debenture Redemption Reserve Equity Equity Shareholders of the Company. Shareholders Equity Shares Fully paid-up shares of Rs.10/- each of the Company. FY Financial Year FIs Financial Institutions Information This document as filed with the Stock Exchanges. Memorandum IT Act The Income Tax Act, 1961 (as amended from time to time) MOA / Memorandum of Association of the Company Memorandum of Association MCA Ministry of Corporate Affairs.
    [Show full text]
  • Aditya Birla Nuvo Limited
    Stock Code: BSE : 500303 NSE : ABIRLANUVO Reuters : ABRL.BO / ABRL.NS / IRYN.LU Bloomberg : ABNL IB / ABNL IN / IRIG LX Part of the Aditya Birla Group A USD 40 billion Corporation by revenue size, the Aditya Birla Group is in league of fortune 500 Operating in 36 countries in 6 continents with over 53% of revenue flowing from overseas operations Among the largest and the most reputed business houses in India Flagship listed companies: Aditya Birla Nuvo (Conglomerate), Grasim & Ultratech (VSF & Cement), Hindalco - Incl. Novelis (Aluminium & Copper), Idea Cellular (Telecom) Ranked 4th in global top companies for leaders & 1st in Asia Pacific (Source: Aon Hewitt, Fortune Magazine & RBL - 2011) Anchored by over 136,000 employees belonging to 42 nationalities Trusted by ~ 1.5 million shareholders and over 100 million customers In India Global positioning Leadership Aluminium, Cement, Carbon Black, VSF, VFY, Aluminium World‟s largest aluminium rolling unit Position Branded Apparels, Copper, Chlor-alkali, Insulators (in terms of production / sales) VSF World‟s largest manufacturer Top 3 Telecom (in terms of wireless revenue market share) Carbon Black World‟s largest in terms of capacity Life Insurance (in terms of new business premium) Cement 9th largest manufacturer in the world Top 5 Asset Management (in terms of average AUM) Our Values – Integrity, Commitment, Passion, Seamlessness, Speed 2 Our Vision “To become a premium conglomerate with market leadership across businesses delivering superior value to shareholders on a sustained basis” Kumar
    [Show full text]
  • 2006-07 2006-07 2005-06 2004-05*** 2003-04 2002-03** 2001-02 2000-01 1999-00 1998-99 1997-98 PROFITABILITY Mn US$*
    Mr. G. D. Birla and Mr. Aditya Birla, our founding fathers. We live by their values. Integrity, Commitment, Passion, Seamlessness and Speed M C M C Y K Y K Hindalco’s well-crafted growth and integration hinges on the three cornerstones of COST COMPETITIVENESS Reflected through its strong manufacturing base and operational efficiencies QUALITY Through its versatile range of products serving core applications for diverse industries; and Integrated Aluminium Complex Integrated Copper Complex Power Plant Aluminium Extrusions Plant GLOBAL REACH Bauxite Mines Coal Mines Aluminium Foil Plant Competing in markets across more Alumina Refineries Aluminium Wire Rod Aluminium Alloy Wheels Plant than 40 countries Aluminium Smelter Aluminium Rolled Products Plant R & D Centre Creating Superior Value The Hindalco story unfolds with the establishment of the Company in 1958, the commissioning of the aluminium facility at Renukoot in 1962 and the Renusagar Power Plant in 1967. Over the years, Hindalco has grown into the largest vertically integrated aluminium company in the country and among the largest primary producers of aluminium in Asia. Its copper smelter is today the world’s largest custom smelter at a single location. HINDALCO BUSINESS Share of Net Sales Value Rolled Products 14% Aluminium Extrusions Ingots & Billets 3% Conductor Redraw Rods Top Quartile of lowest cost 9% 5% Aluminium Foil, Alloy Aluminium producers globally Hydrate & Alumina Wheels & Others (Standard & Special) 5% 4% ALUMINIUM Primary Aluminium and Copper 40% registered on the London Metal SAP, DAP & Complexes, Precious Metals & Others Exchange 9% Concast Copper Rods COPPER 20% Star Trading House Status. 60% National Awards in Exports Copper Cathodes 31% M C M C Y K Y K HINDALCO – OUR VISION ALUMINIUM METAL PRODUCTION To be a premium metals major, global in size and reach, with a passionpassion forfor excellence.excellence.
    [Show full text]
  • 2004-05*** 2003-04 2002-03** 2001-02 2000-01 1999-00 1998-99 1997-98 1996-97 1995-96 1986
    H I N D A L C O I N D U S T R I E S L I M I T E D HINDALCO INDUSTRIES LIMITED BOARD OF DIRECTORS ALUMINIUM BUSINESS Mr. Kumar Mangalam Birla Mr. Sashi K. Maudgal, Chief Marketing Officer Chairman Mr. Shankar Ray, Joint President (Chemicals & International Trade) Mrs. Rajashree Birla Mr. Sumit Banerjee, Joint President (Foil & Wheel) Mr. C.M. Maniar Mr. S. M. Bhatia, Chief Operating Officer – Demerged Indal Units Mr. E.B.Desai Mr. Amit Basu, Joint President (HR) – Demerged Indal Units Mr. S.S. Kothari Mr. M.M.Bhagat Mr. K.N.Bhandari Mr. A.K. Agarwala Renukoot Unit Mr. D. Bhattacharya Mr. Ratan K. Shah, Chief Officer – Operations Managing Director Mr. R.P. Shah, Chief Manufacturing Officer Mr. Rahul Mohnot, Jt. Executive President (F & C) Mr. Ajey Srivastava, Joint President (Fabrication) Mr. S.C. Tandon, Joint President (Reduction) KEY EXECUTIVES Mr. J. Bhowmik, Joint President (Renusagar Power) CHIEF FINANCIAL OFFICER Mr. R.K. Kasliwal Group Executive President Aditya Aluminium Mr. S. N. Bontha, CEO COMPANY SECRETARY Utkal Alumina Mr. Anil Malik Mr. S. Marar, CEO AUDITORS COPPER BUSINESS Singhi & Co., Kolkata Mr. P.Balakrishnan, Executive President Mr. A.K. Saxena, Joint Executive President(Manufacturing) Mr. P.S. Ghose, Joint Executive President(Projects) COST AUDITORS Mr. J.P. Paliwal, Joint Executive President(Commercial) R. Nanabhoy & Co., Mumbai Mr. B.M. Sharma, Joint Executive President(Marketing) Mani & Co., Kolkata Mr. Sanjay Loyalka, CEO, Copper Mines(Australia) INDEPENDENT CORPORATE AUDITORS (US GAAP) Mr. S. Talukdar, Deputy CFO KPMG, Mumbai Mr. Kim Freeman, COO (Mining) Mr.
    [Show full text]
  • Hindalco Chairman 2006
    ADITYA BIRLA NUVO LIMITED Registered Office: Indian Rayon Compound, Veraval - 362 266, Gujarat. Website: www.adityabirla.com / www.adityabirlanuvo.com www.reportjunction.com Ceps-2 --- D:\Sales\Rego\Aditya Birla Nova AR 2009\ABN Cover 2009\ABN Deluxe Cover IV & I 2009.pmd --- Sagam\3-6 Mr. G. D. Birla and Mr. Aditya Birla, our founding fathers. We live by their values. Integrity, Commitment, Passion, Seamlessness and Speed www.reportjunction.com THE CHAIRMAN’S LETTER TO SHAREHOLDERS THE CHAIRMAN’S LETTER TO SHAREHOLDERS ... contd. At the business level too, the fundamentals are very strong. Your Company’s consolidated revenues stood at USD 2.7 billion (Rs.13,643.2 Crores), up by 15%. Of this, 51% came from the ‘Growth’ businesses viz., Telecom and Financial Services. The Telecom, Fertilisers, Insulators and Rayon businesses have recorded impressive revenues and earnings. The BPO and the Garments businesses posted a subdued performance, given the troubled times. While in the Life Insurance business, total premium income soared by over 37%, losses have increased driven by the new business strain. Your Company’s consolidated net loss stood at USD 86.1 million (Rs. 430.5 Crores). Your Company has taken major initiatives to ensure profitable growth in the foreseeable future. An in-depth presentation of these steps has been detailed in the Management Discussion and Analysis section, so I will highlight only the key points. In the Telecom business, Idea Cellular Limited (“Idea”), your Company’s Joint Venture, has acquired Spice Telecommunications Limited. Idea will soon become a pan India player, with the addition of 6 new service areas by December 2009.
    [Show full text]
  • Aditya Birla Nuvo Limited
    Contents Aditya Birla Nuvo – A Snapshot 3 – 12 Segment Financials 13 – 16 Our businesses : Financial Services 18 Fashion & Lifestyle 27 Telecom 37 Divisions 40 Annexure 46 – 54 2 Strong parentage of the Aditya Birla Group A USD 40 billion Indian multinational, Aditya Birla Group is in the league of fortune 500 Operating in 36 countries across 6 continents deriving over 50% of revenue from overseas operations Among the largest and the most reputed business houses in India Flagship listed companies: Aditya Birla Nuvo (Conglomerate), Grasim & Ultratech (VSF & Cement), Hindalco - Incl. Novelis (Aluminium & Copper), Idea Cellular (Telecom) Ranked 4th in global top companies for leaders & 1st in Asia Pacific (Source: Aon Hewitt, Fortune Magazine & RBL - 2011) Ranked 1st in Nielsen’s Corporate Image Monitor 2014-15 – Occupying pole position for 3 consecutive years Anchored by 120,000 employees from 42 nationalities. Trusted by 1.2 Mn shareholders & 160 Mn customers Global positioning In India Largest Indian MNC with manufacturing operations in the US Leadership Aluminium, Cement, Carbon Black, VSF, VFY, Aluminium World’s largest aluminium rolling unit Position Branded Apparels, Copper, Chlor-alkali, Insulators (in terms of capacity/production/sales) VSF World’s largest manufacturer Top 3 Telecom (in terms of wireless revenue market share) Carbon Black World’s largest in terms of capacity Top 5 Life Insurance (in private sector in terms of AUM) Cement Among top 10 manufacturers in the world Asset Management (in terms of average AUM) Our Values
    [Show full text]
  • AV Birla Group Companies Performance Indicators
    Business Case: IMC /05/09 XIMB-Centre for Case Research A V Birla Group: Legacy of Free Enterprise and Diversification Amar K.J.R Nayak© Disclaimer The present case is intended to be used as the basis for class discussion to help raise relevant questions to think and to contextualize management issues rather than to illustrate either effective or ineffective practices. It is neither intended to glorify nor intended to condemn any individual or organization. © Amar K.J.R.Nayak, Ph.D., Strategic Management, Xavier Institute of Management, Bhubaneswar. No part of this publication should be copied, stored, transmitted, reproduced or distributed in any form or medium whatsoever without the permission of the author. Author’s contact: [email protected] <http://www.ximb.ac.in/ccr/> A V Birla Group Legacy of Free Enterprise and Diversification The case of the Birla Group is an amazing story that reveals several aspects of the history of Indian industrial policies, nexus of businessmen-politicians-bureaucrats over the years, ambition to grow among the Indian businessmen, and the journey of a marwari family from small trading of spices and opium to big business over a period of about 140 years. The case highlights the legacy of a business house consisting of some significant businessmen, viz., Ghanashyam Das Birla, Basant Kumar Birla, Aditya Vikram Birla and Kumar Mangalam Birla. It provides a window to peep into the methods and strategy adopted by these business legends for building a business empire and for creating an Indian Multinational as early as by 1980. The case very well depicts diversification as a successful growth strategy in a developing country context with several institutional and policy deficiencies along with the politicians-bureaucrats being prey to business interests.
    [Show full text]
  • Annual Report - 2019
    Annual Report - 2019 Good evening,Dr.SunilKulwal,, Members of the School Management Committee , distinguished guests, parents, and well-wishers of the school, It gives me great pleasure to welcome you to our Annual Day. On behalf of the school I would like to thank Dr. Kulwal for agreeing readily to be with us today. We feel privileged that he is with us on this special occasion. The list of his accomplishments is long and impressive. I hope my brief introduction will do justice to his many attainments. Dr Sunil Kulwal, CEO of Fertiliser Business of Grasim Industries Ltd, is a Doctor of Philosophy in Management from Pune University and a Rank Holder Chartered Accountant from Institute of Chartered Accountants of India. Dr Kulwal is a Chevening alumnus, a recipient of the Rajiv Ratna National Award for the Best Chief Executive and has been conferred Paul Harris Fellow Title by the Rotary Foundation of Rotary International. He has a wide ranging experience in leadership positions across various industries and geographies. Before moving to fertilizers business, he worked as CEO of white cement business of UltraTech Cement Ltd, CEO of Aditya Birla Minerals Ltd in Australia and CEO of Chemicals business of Grasim Industries Ltd. He has a demonstrated track record of turning around businesses through participative management culture and through strategic direction. He has presented various papers in international conferences across the globe. He has served as Vice President of Alkali Manufacturer‟s Association of India, as member of the Global Mercury Assessment Working Group of United Nations Environment Programme, as member of Management and Systems Division Council of Bureau of Indian Standards, and as member of Executive Council of The Chamber of Minerals and Energy of Western Australia.
    [Show full text]