Century Paper & Board Mills Limited · PSX:CEPB
Century Paper & Board Mills — Investor Presentation (October 2020)
41 slides from Century Paper & Board Mills's investor presentation, Oct 8, 2020
Slide 1: Corporate Briefing 2020
Century Paper & Board Mills Limited Corporate Briefing 2020 October 08, 2020 Karachi
Slide 2: Contents
Corporate Briefing -2020 Contents: Lakson Group Intro. Company Intro. Capacities and Market Share Historical Financial Performance Financial Results (FY2020 vs. FY2019) Strategic and Operational Development Future Outlook Century Paper & Board Mills Limited – Corporate Briefing 2020
Slide 3: A Brief Introduction of Lakson Group of Companies
Corporate Briefing -2020 A Brief Introduction of LAKSON GROUP OF COMPANIES Century Paper & Board Mills Limited – Corporate Briefing 2020
Slide 4: Lakson Group of Companies
Lakson Group of Companies 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 & Pa
Slide 5: Lakson Group - Major Associated Companies
Lakson Group - Major Associated Companies Century Paper & Board Mills Limited – Corporate Briefing 2020
Slide 6: Lakson Group – Foreign alliances
Lakson Group –Foreign alliances Colgate-Palmolive Inc. USA (Joint Venture) McDonalds Corporation, USA (Franchise) Ajinomoto-Co, Inc. (Japan) (Joint Venture) International New York Times, USA
Slide 7: Century Paper & Board Mills Limited
Century Paper & Board Mills Limited (A Lakson Group Company)
Slide 8: Century – Vision and Mission
Century – Vision and Mission Vision To be the market leader and enduring force in paper, board and packaging industry, positively influencing and providing value to our stakeholders, society and our nation Mission To strive incessantly for excellence and sustain our position as preferred supplier of
Slide 9: Century - Core Values
Century - Core Values Century Paper & Board Mills Limited – Corporate Briefing 2020
Slide 10: Milestones: Capacity Related and Other Developments
2020 Installed Solar 2016 Panels of 1.6 MW Installed increasing total Co.Gen3 capacity to 3.6MW 2008 (Coal Based) Added 18 MW Milestones : 2005 Co.Gen-2 Converted (Others Developments) Power 20 MW 2003: Generation to Added dual Fuel (Gas Corrugated / Oil Cartons Making 2002 Unit Installed 2008: 1996
Slide 11: Certifications
Certifications Century Paper is certified for “Integrated Management System (IMS), which consists of: Occupational, Quality Health and Environmental Management Safety Management System (QMS) Assessment System (EMS), Series ISO 9001:2015 ISO 14001:2015 (OHSAS), 18001:2017 (Since 1998) (Since 2006) (S
Slide 12: Awards (2019-20)
Awards (2019-20) Environment Excellence Award by National Forum for Environment & Health (NFEH). Finalist for Eleventh Annual Pulp and Paper International (PPI) European award for water efficiency. Century Paper & Board Mills Limited – Corporate Briefing 2020
Slide 13: Sustainability at Century
Sustainability at Century Installation of Solar Panels (3.6MW) Use of Energy and Effluent Water Treated Sustainability Conservation Water Projects Using Agriculture Residual Based Fiber Century Paper & Board Mills Limited – Corporate Briefing 2020
Slide 14: CSR at Century
CSR at Century Child Education Welfare work for Female Surrounding Communities Workers Employee SHQ welfare Century, with the help of local authorities distributed ration among needy people of surrounding communities and also donated Protective Equipment to Health Workers of the vicinity. Century Pa
Slide 15: Current Installed Capacity
CURRENT INSTALLED CAPACITY (Product Category Wise Break Up – TPY) MF Papers MG Papers Un-Coated Board 17,000 3,000 240,000 20,000 7% 1% 8% TPY BXP 30,000 13% Coated Packaging Boards 170,000 71% This current announced Capacity 240,000 TPY is expected to increase by around 15 % within this years, main
Slide 16: Market Share - Coated Packaging Boards
Century – Market Share - Coated Packaging Boards Imports 15% Century 37% Others Low Quality Segment Others 32% Comparable Quality 13% Century Paper & Board Mills Limited – Corporate Briefing 2020
Slide 17: Market Share – All Paper & Board Products
Century - Market Share – All Paper & Board Products Century Imports 12% 27% Others 61% Century Paper & Board Mills Limited – Corporate Briefing 2020
Slide 18: Major Customers / Regular End Users
Century - Major Customers / Regular End Users: Century Paper & Board Mills Limited – Corporate Briefing 2020
Slide 19: COVID-19 related SOPs and Preventive Measures
COVID-19 related SOPs and Preventive Measures
Slide 20: COVID - Preventive and Relief Measures
COVID 19 - Preventive and Relief Measures After the outbreak of COVID 19 pandemic, Century Paper was immediately resorted to implementation of SOPs to prevent spread of virus at one side and to ensure smooth operations on the other side. Following measures were implemented at Mills and different off
Slide 21: Slide 21
Slide 22: Historical Financial Performance
Historical Financial Performance Century Paper & Board Mills Limited
Slide 23: Production (M. Tons)
Production (M. Tons) 250,000 96% 95% 94% 100% 89% 78% 78% 200,000 73% 80% 68% 150,000 60% 229,400 227,600 226,505 100,000 214,000 40% 186,000 175,000 186,000 163,000 50,000 20% - 0% 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 Prodution (M.Tons) Capacity Utilisation Century Paper
Slide 24: Sales Volumes and Gross Sales
Sales Volumes (MT) & Gross Sales (PKR -Millions) 250,000 28,367 30,000 25,993 25,000 200,000 22,191 18,021 20,000 16,513 17,132 150,000 15,391 15,603 15,000 214,129 216,771 215,648 100,000 203,752 180,723 170,225 176,481 10,000 157,124 50,000 5,000 0 - 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18
Slide 25: EBITDA and ROCE
EBITDA (PKR -Millions) & ROCE (%) 4,500 25% 22% 4,000 20% 3,500 18% 3,000 15% 14% 15% 13% 2,500 11% 4,231 2,000 10% 1,500 3,007 2,880 2,985 6% 2,441 2,223 1,000 1,669 5% 2% 500 1,307 - 0% 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 EBITDA (Rs.' MLN) ROCE (%) Century Paper & Board
Slide 26: Financial Results (FY2020 vs FY2019)
Financial Results (FY2020 vs FY2019) Century Paper & Board Mills Limited
Slide 27: Turnover & COGS
Turnover & COGS (PKR - MLN) 30,000 25,000 20,000 9% 4% 15,000 24,345 10,000 22,241 20,409 19,578 5,000 0 Turn Over COGS 2019 2020 Century Paper & Board Mills Limited – Corporate Briefing 2020
Slide 28: Gross Profit and Operating Profit
Gross Profit and Operating Profit (PKR -MLN) 4,500 4,000 3,500 48% 3,000 2,500 57% 2,000 3,936 1,500 3,143 2,663 1,000 2,001 500 0 Gross Profit Opertating Profit 2019 2020 Century Paper & Board Mills Limited – Corporate Briefing 2020
Slide 29: Finance Cost and Net Profit
Finance Cost and Net Profit (Rs.’ MLN) 1,600 1,400 1,200 72% 1,000 800 30% 1,522 600 987 884 400 762 200 - Finance Cost Net Profit 2019 2020 Century Paper & Board Mills Limited – Corporate Briefing 2020
Slide 30: Earnings and Dividend per Share
Earnings and Dividend (Rs./Share) 12.00 10.00 8.00 6.00 10.35 4.00 5.80 2.00 3.50 1.00 - Earning Per share Dividend/share 2019 2020 Century Paper & Board Mills Limited – Corporate Briefing 2020
Slide 31: Distribution to Shareholders
Distribution to Shareholders (Rs.’MLN) Particulars 2018 2019 2020 Ordinary Dividend Cash 330.79 147.02 220.53 Stock - - 294.04 Total Ordinary Dividend 330.79 147.02 514.57 Preference Dividend 75.99 31.58 - Total 406.78 178.60 514.57 Dividend Payout 41% 20% 34% Century Paper & Board Mills Limited – C
Slide 32: Strategic and Operational Developments
Strategic and Operational Developments
Slide 33: Strategic and Operational Developments
Strategic and Operational Developments Project Optimus implemented Resource Increase in Development to continually Conservation Production of Export improve Program with Capacities and Market base in productivity the help of efficiencies by regional and reduce Continuous IFC Countries waste BMR Cent
Slide 34: Certifications Currently Working On
Future Certifications Forest Laboratory Stewardship Currently Working FSC COC ISO 17025 Century Paper & Board Mills Limited – Corporate Briefing 2020
Slide 35: Future Outlook
0195 2020 2018 Future Outlook
Slide 36: Future Outlook: Overall Market
Future Outlook Overall Market Over all Market Size of Paper & Paperboard contracted in two consecutive years: 2018-19 3% Drop 2019-20 6% Drop Likelihood of any further contraction in 2020-21 is low as market is now in recovery phase. A moderate growth over last year market size is expected
Slide 37: Future Outlook: Packaging Board
Future Outlook Packaging Board Packaging Board’s demand stayed slightly positive in last two years when overall market was contracting. In post COVID19 scenario Packaging Demand is expected to stay stable rather improved. Changing life style and health consciousness is leading to increased use
Slide 38: Future Outlook: Writing/Printing Paper
Future Outlook Writing/ Printing Paper Writing Printing Paper market may stay under pressure for quite some time due to:- Increasing paperless working trend in corporate sectors Prolonged closure of educational institutions. CPBM have very low stake in paper biz as only 7% of the capacity is
Slide 39: Important Disclaimer
Important Disclaimer This Presentation is not an offer to buy or sell any securities or any Investment This presentation has been prepared by Century Paper & Board Mills Limited (CEPB) solely for information purposes. No representation or warranty express or implied is made thereto, and no reliance
Slide 40: Q&A Session
Corporate Briefing -2020 Q&A Session Century Paper & Board Mills Limited – Corporate Briefing 2020
Slide 41: Thanks
Corporate Briefing -2020 THANKS Century Paper & Board Mills Limited – Corporate Briefing 2020
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