Century Paper & Board Mills Limited Corporate Briefing...
Transcript of Century Paper & Board Mills Limited Corporate Briefing...
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Century Paper & Board Mills Limited
Corporate Briefing 2019September 26, 2019
Karachi
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Century Paper & Board Mills Limited – Corporate Briefing 2019
Corporate Briefing -2019
Contents:
Lakson Group Intro.
Company Intro.
Capacities and Market Share
Sustainability at CENTURY
CSR at CENTURY
Historical Financial Performance
Financial Results (FY2019 vs. FY2018)
Future Outlook
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Century Paper & Board Mills Limited – Corporate Briefing 2019
Corporate Briefing -2019
A Brief Introduction of
LAKSON GROUP OF COMPANIES
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Century Paper & Board Mills Limited – Corporate Briefing 2019
Introduction:
Group was founded by Mr. Hasan Ali Karabhai in 1954 as a Trading Concern.
Presently Group Portfolio Consists of:
Soaps & Detergents
Toothpastes & Surface Care Products
Internet Services & Software Development
Cloud Computing & Call Centers
Paper & Paperboard Manufacturing
Printing & Packaging
Publications & Media
Food & Fast Food Restaurant Biz
Agriculture (Drip Irrigation)
Surgical Instruments Biz
Insurance & Investments
Travelling & Tour Operations
Lakson Group of Companies
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Century Paper & Board Mills Limited – Corporate Briefing 2019
Lakson Group - Major Associated Companies
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Colgate-Palmolive Inc. USA(Joint Venture)
McDonalds Corporation, USA(Franchise)
International New York Times, USA
Ajinomoto-Co, Inc. (Japan)(Joint Venture)
Lakson Group –Foreign alliances
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Century Paper & Board Mills Limited(A Lakson Group Company)
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Century Paper & Board Mills Limited – Corporate Briefing 2019
Century - Core Values
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1990 :
Started Commercial Production
With PM-1, PM2 & PM-3
Total Capacity
30,000 TPY
1997:
Added PM-4
Multilayer Board Machine.
(36,000 TPY)
Total Capacity :
66,000 TPY
2003:
Added PM-5
Twin layer Board Machine (24,000 TPY)
Total Capacity:
90,000 TPY
2006:
Added PM-6
MF Paper Machine
(20,000 TPY)
Total Capacity :
110,000 TPY
2008:
Added PM-7
Multilayer Coated Board Machine:
(130,000 TPY)
Total Capacity; 240,000 TPY
Milestones:(Capacity Related)
1996Added Power Generation PlantCo-Gen-1 12.3 MW
2002Installed Effluent Treatment Plant (DAF)
2005Converted Power Generation to dual Fuel (Gas / Oil
2008Added Co.Gen-2 20 MW
2016Installed Co.Gen3 (Coal Based) 18 MW
2003:Added Corrugated Cartons Making Unit
Milestones :(Others Developments)
2019Installed Solar Panels of 1.3 MW
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Century Paper & Board Mills Limited – Corporate Briefing 2019
CURRENT INSTALLED CAPACITY (Product Category Wise Break Up – TPY)
Coated Packaging Boards 170,000
71%
BXP30,000
13%
Un-Coated Board20,000
8%
MF Papers17,000
7%
MG Papers3,000
1%240,000
TPY
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Century Paper & Board Mills Limited – Corporate Briefing 2019
Century – Market Share - Coated Packaging Boards
Century36%
Others Comparable
Quality13%
Others Low Quality
Segment32%
Imports19%
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Century Paper & Board Mills Limited – Corporate Briefing 2019
Century - Market Share – All Paper & Board Products
Century11%
Others56%
Imports33%
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Century Paper & Board Mills Limited – Corporate Briefing 2019
Century - Major Customers / Regular End Users:
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Sustainability at
Century Paper & Board Mills Limited
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Century Paper & Board Mills Limited – Corporate Briefing 2019
Century - Sustainable in Actions
Installation of Solar Power of 2.00 MW
Use of Effluent Treated Water in Pulp mills and other areas
Water Conservation Projects
Using Agriculture Residuals Based Fiber
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Century Paper & Board Mills Limited – Corporate Briefing 2019
Solar Power Panels
Installation of Solar Power Panels in Progress utilizing the large roof area.
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Century Paper & Board Mills Limited – Corporate Briefing 2019
Secondary Waste Water Treatment Plant
Secondary Biological water Treatment Plant installed in 2015 at a cost of 2.5 Million US $.
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Century Paper & Board Mills Limited – Corporate Briefing 2019
Use of Treated Recycled Water for Plantation
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CSRAt
Century Paper & Board Mills Limited
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Century Paper & Board Mills Limited – Corporate Briefing 2019
Sponsoring Schools within 25Km radius of Plant
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Century Paper & Board Mills Limited – Corporate Briefing 2019
Century - Smart Schools
Joint venture with Institute of Rural Management (IRM).
One Room Classroom Schools – Established in Less Privileged Communities Areas.
Focus on such non-school going children involved in child labor by way of garbagecollection etc.
Parents’ Counseling about the importance and necessity of education.
Health Checkups of Students
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Century - Smart Schools
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COMPUTER TRAININGFor Employees Children
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Employees’ Families Festivities at Plant
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Historical Financial PerformanceCentury Paper & Board Mills Limited
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Century Paper & Board Mills Limited – Corporate Briefing 2019
Production (M. Tons)
186,000 175,000 163,000 186,000
214,000 229,400 227,600
78%73%
68%
78%
89%96% 95%
0%
20%
40%
60%
80%
100%
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50,000
100,000
150,000
200,000
250,000
2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19
Prodution (M.Tons) Capacity Utilisation
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Century Paper & Board Mills Limited – Corporate Briefing 2019
Sales Volumes (MT) &
Gross Sales (PKR -Millions)
180,723 170,225 157,124
176,481 203,752 214,129
216,771
16,513 17,132
15,391 15,603
18,021
22,191
25,993
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5,000
10,000
15,000
20,000
25,000
30,000
0
50,000
100,000
150,000
200,000
250,000
2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19
Sales Volume (M.Ton) Gross Sales (Rs' MLN)
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Century Paper & Board Mills Limited – Corporate Briefing 2019
EBITDA (PKR -Millions)&
ROCE (%)
3,007
2,441
1,307
1,669
2,223
2,880 2,985
18%
13%
2%
6%
11%
15%14%
0%
2%
4%
6%
8%
10%
12%
14%
16%
18%
20%
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500
1,000
1,500
2,000
2,500
3,000
3,500
2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19
EBITDA (Rs.' MLN) ROCE (%)
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Financial Results (FY2019 vs FY2018)Century Paper & Board Mills Limited
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Century Paper & Board Mills Limited – Corporate Briefing 2019
Turnover & COGS (PKR - MLN)
18,96516,459
22,24119,578
0
5,000
10,000
15,000
20,000
25,000
Turn Over COGS
2018 2019
17%
19%
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Century Paper & Board Mills Limited – Corporate Briefing 2019
Gross Profit and Operating Profit (PKR -MLN)
2,506
1,891
2,663
2,001
0
500
1,000
1,500
2,000
2,500
3,000
Gross Profit Opertating Profit
2018 2019
6%
6%
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Century Paper & Board Mills Limited – Corporate Briefing 2019
Finance Cost and Net Profit (Rs.’ MLN)
460
992
762 884
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200
400
600
800
1,000
1,200
Finance Cost Net Profit
2018 2019
66%
12%
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Century Paper & Board Mills Limited – Corporate Briefing 2019
Earnings and Dividend (Rs./Share)
6.25
2.25
5.80
1.00 -
1.00
2.00
3.00
4.00
5.00
6.00
7.00
Earning Per share Dividend Per Share
2018 2019
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Century Paper & Board Mills Limited – Corporate Briefing 2019
Distribution to Shareholders (Rs.’MLN)
Particulars 2019 2018
Ordinary Dividend
Interim - 220,528
Final 147,018 110,264
Total Ordinary Dividend 147,018 330,793
Preference Dividend 31,584 75,990
Total 178,602 406,783
Dividend Payout 20% 41%
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Future Outlook
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Century Paper & Board Mills Limited – Corporate Briefing 2019
Future Outlook
Prevailing Fiscal & Monetary measures have slowed down the economic growth.
Near term Outlook is Challenging.
Market Size may stay Stagnant or Shrunk.
Energy cost to stay high – No system Gas is available till now.
Market has liquidity crunch for various reasons
Company has preparedness to face these challenges:
Established reputation as reliable supplier of quality products.
Its products are considered Perfect Imports Substitution
Various Initiatives to reduce costs with efficiencies are in place.
Company is exploring export business and initial feed back is encouraging
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Century Paper & Board Mills Limited – Corporate Briefing 2019
Corporate Briefing -2019
Q & A
Session
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Century Paper & Board Mills Limited – Corporate Briefing 2019
Corporate Briefing -2019
THANKS