Avantha Group and Crompton Greaves – A Brief Profile



Few companies in India can even contemplate reaching the heights that Avantha Group has managed during the course of its existence. The company is one of India’s largest businesses, having a net worth of US $ 4 billion. The group does business in vast areas including, but not limited to chemicals, energy, infrastructure, farm forestry, food processing, power transmission and distribution services. It operates in more than 90 countries while having more than 25,000 highly efficient employees worldwide.
Gautam Thapar is one reason that the group did this well in the corporate scenario. His visionary skills have been acknowledged through multiple entrepreneurship and corporate awards. Gautam Thapar received his chemical engineering education in the USA after the completion of which, he returned to India and sought work as a factory assistant in one of Thapar Group’s manufacturing units. He excelled there and caught the eye of prominent members of the group, thus rising through the ranks. Lalit Mohan gave him the task to turn around BILT’s chemical division, which was for some time suffering losses due to labor agitation and shortage of water and power. He was true to his promise as the company started showing profits within a year and he became the Chairman of Avantha Group in July, 2006.
Crompton Greaves is India’s foremost power production, transmission and distribution equipment company based in Mumbai. In May 2005, the company was ranked among the world’s top ten electrical transformer manufacturers. Having a positive reputation for several years, Crompton Greaves, which originated in India has grown and transformed itself into a Global Corporation. While making a permanent and undeniable footprint in the industry, the company is known to manufacture and host a variety of products and services both for use in Industries as well as consumer based products worldwide.
Some of the common Industry systems produced by Crompton Greaves include Generators/Alternators, Traction Motors/Control Electrics, Railway Signaling/Coach Applications and Services for Industrial Systems. While a number of more common Consumer Products produced by the company are Fans, Lighting, Home Automation, Security Systems, Wiring Accessories and Appliances Pumps
Crompton Greaves has received several awards which are National award for Research and Development, Best Product award given for their transformers in 2008 and Golden Peacock Innovation Award to name a few. It has also received NABL Accreditation for 5 of its labs.
Apart from his brilliant professional integrity, he promoted golf and is the president of PGTI (Professional Golf Tour of India). Today, PGTI is just like any other professional International Golf in India.

Ballarpur Industries Limited

BILT Q-2 FY 2013-14 PAT at Rs. 208 million

BILT Q-2 FY 2013-14 PBT at Rs.131 million

BILT Q-2 FY 2013-14 EBIDTA at Rs.2321 million

BILT Q-2 FY 2013-14 revenue increase by 11 % from Rs.11868 million to Rs. 13213 million


Ballarpur Industries Limited (BILT) today announced its financial and operating results for Q-2
FY 2013-14.

*BILT follows a July 1 June 30 fiscal year; therefore the current announcement covers the Companys
financial performance for the Second quarter of Fiscal Year 2014.

BILT CONSOLIDATED (Q2 FY 2013-14 v/s Q2 FY 2012-13)

·    Revenues at Rs.13213 million compared with Rs 11868 million.

·    EBIDTA at Rs 2321 million vis-a-vis Rs 2125 million.

·    PBT at Rs 131 million vis-a-vis Rs 124 million.

·    PAT at Rs 208 million vis-a-vis Rs. 154 million.

·    Fully Diluted EPS at Rs 0.27 compared with Rs. 0.19

·    The Companys cash generation from  operations  (PAT  +  Depreciation  +  Deferred Tax
Liability + Amortisation) is Rs. 1206 million vis-a-vis Rs. 1244 million.

Operating overview


·    Total paper production of 2,08,196 MT in Q2 FY 2013-14 compared to 2,06,076 MT in Q2 FY 2012-13.

·    Total paper sales of 2,07,339 MT in Q2 FY 2013-14 compared with 2,08,736 MT in Q2 FY 2012-13.

·    Total Rayon Grade Pulp production of 18,468 MT in Q2 FY 2013-14 compared to 18,717 MT in Q2 FY 2012-13.

·    Total Rayon Grade Pulp sales of 16,990 MT in Q2 FY 2013-14 compared with 16,369 MT in Q2 FY 2012-13.

·    Total SFI (Market Pulp) production of 17,541 MT in Q2 FY 2013-14 compared to 22,666 MT in Q2 FY 2012-13.

·    Total SFI (Market Pulp) sales of 20,361 MT in Q2 FY 2013-14 compared with 23,520 MT in Q2 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. BILTs 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:

For more information on Avantha, please visit www.avanthagroup.com
B.Hariharan
Group Director-Finance
Avantha Group
Tel:+911244099217
Fax:+911242804260
Email:bhariharan@bilt.com


Disclaimer: 
Shravani Dang
VP & Group Head of Corporate Communications
Avantha Group
Tel: +91 11 41699282
Mobile: +91 9811261080
Email: s.dang@avanthagroup.com
 Disclaimer:
Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of strategic initiatives, potential product characteristics,uses and sales potent ial are forward-looking statements and are subject to risks and uncertainties that could cause actual results to differ materially. BILT may, from time to time, make additional written and / or oral forward looking statements, including statements contained in the Company's filings with the regulatory bodies and our reports to shareholders. The Company assumes no obligation to update forward-looking statements to reflect actual results, changed assumptions or other factors.