15 th November, 2019 SSE Limited Corporate Relationship Depament Phiroze Jeejeebhoy Towers, Dalal Street Mumbai 400 001. Tel.: 2272 1233/34 Fax: 22721919 Scrip Code: 532538 Dear Sirs, The Manager Listing Department The National Stock Exchange of India Limited "Exchange Plaza", Sandra - Kurla Complex, Sandra (East), Mumbai 400 051. Tel.: 26598236 Fax: 2659 8237 I 38. Scrip Code: ULTRACEMCO Sub: Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Intimation of Investor Meeting and Corporate Dossier In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached details of the investor meeting to be held on 15 t h November, 2019 which will be attended by the representatives of the Company. The schedule may undergo change due to exigencies on pa of the investor / Company. Also attached is a Corporate Dossier. This is also being uploaded on the website of the Company. This is for your information and records, please. Thanking you, Yours faithfully, For UltraTech Cement Limited � Kamal Rathi Senior General Manager Encl. a/a. Ufflch l•NW,!MW, 1 M# The Engineer's Choice UltraTech Cement Limited Registered Office : Ahura Centre, B - Wing, 2"" Floor, Mahakali Caves Road, Andheri (East), Mumbai 400 093, India T: +91 22 6691 7800/ 2926 7800 IF:+91 22 6692 8109IW:www.ultratechcement.com/ www.adityabirla.com ICIN: L26940MH2000PLC128420
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The Manager Listing Department The National Stock Exchange of India Limited "Exchange Plaza", Sandra - Kurla Complex, Sandra (East), Mumbai 400 051. Tel.: 26598236 Fax: 2659 8237 I 38. Scrip Code: UL TRACEMCO
Sub: Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Intimation of Investor Meeting and Corporate Dossier
In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached details of the investor meeting to be held on 15th November, 2019 which will be attended by the representatives of the Company.
The schedule may undergo change due to exigencies on part of the investor / Company.
Also attached is a Corporate Dossier. This is also being uploaded on the website of the Company.
This is for your information and records, please.
Thanking you,
Yours faithfully, For UltraTech Cement Limited
� Kamal Rathi
Senior General Manager
Encl. a/a.
Ultrafflch l•NW,!MW,
1M#
The Engineer's Choice
UltraTech Cement Limited
Registered Office : Ahura Centre, B - Wing, 2"" Floor, Mahakali Caves Road, Andheri (East), Mumbai 400 093, India
GLOSSARYMnt ‐Million Metric tons Lmt ‐ Lakhs Metric tons MTPA ‐Million Tons Per Annum MW ‐Mega Watts Q1 ‐ April‐June
Q2 ‐ July – September Q3 ‐ October ‐ December Q4 ‐ January‐March CY ‐ Current year period LY ‐ Corresponding period last Year FY ‐Financial Year (April‐March) ROCE ‐ Return on Average Capital Employed
Note: The financial figures in this presentation have been rounded off to the nearest `1 Cr. 1 US$ = ̀70.34
ADITYA BIRLA GROUPOVERVIEW
ADITYA BIRLA GROUP ‐ OVERVIEW
PREMIUM GLOBAL CONGLOMERATE
4
US$ ~48.3 billion CorporationIn the League of Fortune 500
Operating in 34 countries with over 50% Group revenues from
overseas
Anchored by about 120,000 employees from 42 nationalities
Ranked No. 1 corporate in the Nielsen’s Corporate Image
Monitor FY15
AON best employer in India for 2018
# 1 cement playerin India # 3 largest cementplayer globally(ex ‐ China)
# 1 in VSF globally # 5 largest producer ofacrylic fiber globally
# 1 telecom companyin India Now Vodafone IdeaLimited, an Aditya BirlaGroup and VodafoneGroup partnership
Top fashion andlifestyle player in India Among top 2supermarket chains inretail in India
A global metalpowerhouse # 1 in aluminum rollingglobally
# 1 in carbon blackglobally
A trans‐national bulkcommodity tradingsolutions providerglobally
# 1 producer of nobleferro alloys in India Amongst largest ironore non‐ captiveprivate mining player
A leading player ininsurance and assetsmanagement in India AUM ~ $ 37 bln
ULTRATECH CEMENT
India’s Largest Cement Selling Brand
5
INDIA’S LARGEST CEMENT COMPANY
No. 1 RMC player in India with > 100 plants
Market Cap of~ US$ 17 Bn
FY19 Consolidated Revenue ~ US$ 5.8 Bn
Different Products to provide complete Building Solutions
~ 2000 stores
No.1 Player of White Cement & Cement
based Putty ~ 1,600 million bags every year
~ 63000 Direct & Indirect Employment
OUR VISION AND MISSION
6
Vision
To be The Leader in Building Solutions
Mission
To deliver superior value to our stakeholders on the four pillars of
Innovation Team EmpowermentSustainability Customer
Centricity
31 mtpaMkt Cap – US$1bn Acquisition of L&T Cement Business (17 mtpa) Listing as part of the acquisition
ULTRATECH’S JOURNEY
7
1.0 mtpa 1st cement plant set up for Grasim (VikramCement) and Indian Rayon (RajashreeCement)
8.5 mtpaMerger of Indian Rayon and Grasim Cement business
35 mtpaMkt Cap – US$2bn Focus on Cost Leadership between 2005‐2009 Synergy of Cement Business of ABG under one roof Investments in TPPs – 80% power self‐sufficient
52 mtpaMkt Cap – US$7bn Organic Capacity addition:15 mtpa Group Cement business under one roof Became India’s Largest Cement Company Acquisition of Star Cement: 3 mtpa
69 mtpaMkt Cap > US$15bn New Capacity addition Organic – 12.7 mtpa and Inorganic – 4.8 mtpa
117.4 mtpaCurrent (Mkt Cap ~ US$ 17 bn) Acquired 42.1 mtpa capacity # 3 global cement player by capacity (ex. China)
He is a FellowChartered Accountant with over 41 years of experience. Held a variety of roles in Group having exposure in multi‐business, multi‐geography and multi‐culture.
He has brought instrong execution rigorto his work and hasconsiderablystrengthened bothinnovation and newproducts development.He scripted the growthof the Group’s VSFBusiness towards amore competitive andsustainable model.
Mr. KC JhanwarChief Manufacturing Officer & Dy. MD
A Fellow CharteredAccountant and hasover 38 years ofexperience in Group.Has worked acrossfinance, operations andgeneral managementroles in the Cement andChemicals business ofthe Group. Carries deepexpertise in projectmanagement andcommercial skills, aswell as significantexperience inacquisitions andintegration.
Prior to moving currentrole, was heading ChlorAlkali ChemicalsBusiness of the Group.
Mr. Vivek AgrawalChief Marketing Officer
A bachelor ofEngineering (Mechanical) and an MBA from FMS, Delhi, Mr Agrawal has experience of over 33 years and with Group about 24 years. A veteran with the Cement business of the Group, brings with him a vast experience in marketing. Played key role in growing Ready Mix Concrete Business of the Company.
Prior to moving intocurrent role, was CEOof our subsidiary StarCement.
Mr. Ramesh MitragotriChief Human Resource Officer
A postgraduate in PMand IR, Mr. Mitragotribrings with him over 33yrs of experience, withorganizations likeOwens Corning, HCCLimited and PhilipsIndia in different rolesof human resourcesmanagement. Hasjoined the group in2007.
Prior to moving intocurrent role, hadworked as CHRO inRetail & Chemicalbusinesses of the groupalong with a small stintin cement business asHead –HR Marketing.
Mr. Atul DagaExecutive Director & CFO
A CharteredAccountant byprofession and has over32 years of experienceMr. Daga joined thegroup as an ExecutiveAssistant to Late Mr.Aditya Vikram Birla. Hasgained experiencedifferent roles likeFinancial Planning,Treasury Management,Business Strategy,Merger & Acquisition,Investor Relations.
SHAREHOLDING PATTERN
10
Key Foreign Portfolio Investors
Name Holding (%)
Aberdeen* 2.10
Vanguard* 1.37
Ishares – Blackrock* 1.16
Euro Pacific 0.73
J P Morgan* 0.71
Total FPI holding 17.51
Key Domestic Mutual Fund & Institutional Investors
Name Holding (%)
Life Insurance Corporation of India* 3.24
ICICI Prue Life* 1.30
Kotak MF* 0.89
SBI MF* 0.87
Aditya Birla Sun Life* 0.63
Total Domestic MF & Institutional 14.00
60.2%17.5%
14.0%
6.8%
1.5%
Promoter Group
Foreign Portfolio Investors
Mutual Fund, Institutions, Insurance &Bodies CorporateOther Public Holding
GDRs
As on16th Oct, 2019
*Multiple schemes
Indian Cement Sector
INDIAN CEMENT INDUSTRY
12
OVERVIEW
Second largest market Globally with installed capacity of ~ 487 mtpa after
China ~3200 mtpa
2nd fastest‐growing cement market globally: Compounded Average Growth:
~7% (FY 2000 – FY2019)
Market Composition*
22%
13%
19%13%
33%
North Central East West South
NorthCentralEastWestSouth
*Based on capacity
8%
18%
6%
5%4%
2%
57%
India Asia (Excl. China & India)
Africa Europe & Others
America (Excl USA) USA
China
Global cement
Consumption
Source: Cement Consumption USGS report, Cembureau, DB China Commodity Report, 2019, Company estimates
INDIAN CEMENT INDUSTRY
13
OVERVIEW (contd…)
Per Capita Cement Consumption at ~ 245 kg lowest among the developing countries; World average ~ 580 Kg
Consolidation in industry at regular intervals
Entry of new players
Fragmented Market:No of plants ~ 250, owned by
~ 75 players, Top 5 players holds ~ 52% of capacity Source: Cement Consumption USGS report, Cement
Consumption Cembureau, Company Estimates, Population: IMF
PER CAPITA CEMENT COSNUMPTION (KG)
1700
760660
525400
355280 245
China
Turkey
Vietnam
World
Russia
Brazil
USA
India
Per Capita Consumption improved from 195 Kg in FY15 to 245 Kg in FY19
INDIAN CEMENT INDUSTRY
14
GDP GROWTH V/S CEMENT DEMAND GROWTH
Long‐term average cement demand growth: ~1.2x of GDP
Industry achieved demand growth as per historical GDP multiple in last 2 years post slowdown in preceding
3‐4 years Sustained cement
consumption growth ~ 7% in last 18 years (2001 onwards)
Demand momentum to maintain with improved
focus on infrastructure, low cost housing and uptick in
Book Value per share ( /̀Share) 1220 1180 1007 989 986 961 941 924
^ Figures of Mar’19 has been reinstated with Century* Excludes impact of century acquisition
47
ANNUAL PERFORMANCE TRENDS(UTCL + UNCL + CENTURY CEMENT)
`Crs
Note:1. Figures of FY15 & prior are reported nos. as per previous Indian Accounting Standards2. Figures of Mar’19 has been restated with Century cement
ANNUAL PERFORMANCE TRENDS(UTCL + UNCL + CENTURY CEMENT) CONTD…
`Crs
Note: 1. Figures of Mar’15 & prior are reported nos. as per previous Indian Accounting Standards2. Figures of Mar’19 has been restated with Century cement
Note: 1. Figures of Mar’15 & prior are reported nos. as per previous Indian Accounting Standards2. Figures of Mar’19 has been restated with Century cement
Book Value ( /̀Share) 1180 961 889 800 694 627 555 468 389 371
51
ANNUAL PERFORMANCE TRENDS(CONSOLIDATED) CONTD…
`Crs
Note: 1. Figures of Mar’15 & prior are reported nos. as per previous Indian Accounting Standards2. Figures of Mar’19 has been restated with Century cement
Statements in this ‘presentation’ describing the Company’s objectives, estimates, expectations or predictions may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results could differ materially from those expressed or implied. Important
factors that could make difference to the Company’s operations include global and Indian demand supply conditions, finished goods prices, feedstock availability and prices, cyclical demand and pricing in the Company’s principal markets, changes in governmental regulations, tax regimes,
economic developments within India and the countries within which the Company conducts business and other factors such as litigation and labour negotiations. The Company assumes no
responsibility to publicly amend, modify or revise any forward-looking statement, due to any subsequent development, information or events, or otherwise.