Acquisition of Parador was the biggest contributor to our topline growth
Cement

Acquisition of Parador was the biggest contributor to our topline growth

Established in 1946, HIL is a flagship company of the CK Birla Group. It is the world’s largest manufacturer and seller of fibre cement roofing and offers comprehensive building solutions. For the past 70 years, the company has achieved market leadership by developing and marketing advanced, high-quality, innovative, sustainable products for the building materials industry. It has six major brands: Charminar, Birla Aerocon, Charminar Fortune, Hysil, Birla HIL and recently acquired German wooden flooring brand Parador. Dhirup Roy Choudhary, Managing Director, shares more....

Name one major challenge faced in FY2018-19. How did the company tackle it?
It was to achieve the aggressive growth plan made for the polymer solutions business. Major capacity expansion along with new product introduction happened during the year in this business and the operation process took some time to stabilise. Proper coordination and meticulous planning combined with focused efforts on expansion of distribution network and branding led to our growth.

Name one decision you consider the biggest contributor to the company’s growth in FY2018-19.
The biggest event in FY2018-19 that contributed to the company’s topline growth was the acquisition of vertically integrated premium wooden flooring brand, Parador. The company has two manufacturing plants—one each in Germany and Austria—and its products are sold in 86 countries across the globe. Parador is the No. 1 brand in Germany and has won many accolades year on year for its technology, innovation, design and quality..

What is one single factor you avoided that could have otherwise impacted the company’s topline and bottomline?
Nothing specific was avoided. All possible actions were taken to ensure significant growth both in the topline and bottomline.

What are your plans for the company’s growth in FY2019-20? 
We have worked on the cultural and financial integration of Parador in the past year and the integration process was very smooth and successfully completed. We have been continuously working on improving operating efficiencies and Lean-Six Sigma initiatives have been undertaken both at HIL and Parador, which we believe will result in substantial cost reduction going forward. Plans are in place to continue to grow the polymer solutions business aggressively. The new non-asbestos, cement-based corrugated roofing sheet under the brand Charminar Fortune has shown good traction and work has already been initiated to put up additional capacity in the coming year. Capacity expansion is also proposed in the building solutions business as the existing blocks and panels plants are at 95 per cent capacity utilisation.

HIL
Net Sales EBITDA Reported PAT
FY19 (Rs Billion) 22.08 2.81 1.01
Growth over FY18 (%) 72.54 65.03 25.56

Established in 1946, HIL is a flagship company of the CK Birla Group. It is the world’s largest manufacturer and seller of fibre cement roofing and offers comprehensive building solutions. For the past 70 years, the company has achieved market leadership by developing and marketing advanced, high-quality, innovative, sustainable products for the building materials industry. It has six major brands: Charminar, Birla Aerocon, Charminar Fortune, Hysil, Birla HIL and recently acquired German wooden flooring brand Parador. Dhirup Roy Choudhary, Managing Director, shares more....Name one major challenge faced in FY2018-19. How did the company tackle it?It was to achieve the aggressive growth plan made for the polymer solutions business. Major capacity expansion along with new product introduction happened during the year in this business and the operation process took some time to stabilise. Proper coordination and meticulous planning combined with focused efforts on expansion of distribution network and branding led to our growth.Name one decision you consider the biggest contributor to the company’s growth in FY2018-19.The biggest event in FY2018-19 that contributed to the company’s topline growth was the acquisition of vertically integrated premium wooden flooring brand, Parador. The company has two manufacturing plants—one each in Germany and Austria—and its products are sold in 86 countries across the globe. Parador is the No. 1 brand in Germany and has won many accolades year on year for its technology, innovation, design and quality..What is one single factor you avoided that could have otherwise impacted the company’s topline and bottomline?Nothing specific was avoided. All possible actions were taken to ensure significant growth both in the topline and bottomline.What are your plans for the company’s growth in FY2019-20? We have worked on the cultural and financial integration of Parador in the past year and the integration process was very smooth and successfully completed. We have been continuously working on improving operating efficiencies and Lean-Six Sigma initiatives have been undertaken both at HIL and Parador, which we believe will result in substantial cost reduction going forward. Plans are in place to continue to grow the polymer solutions business aggressively. The new non-asbestos, cement-based corrugated roofing sheet under the brand Charminar Fortune has shown good traction and work has already been initiated to put up additional capacity in the coming year. Capacity expansion is also proposed in the building solutions business as the existing blocks and panels plants are at 95 per cent capacity utilisation. .tg {border-collapse:collapse;border-spacing:0;} .tg td{font-family:Arial, sans-serif;font-size:14px;padding:10px 5px;border-style:solid;border-width:1px;overflow:hidden;word-break:normal;border-color:black;} .tg th{font-family:Arial, sans-serif;font-size:14px;font-weight:normal;padding:10px 5px;border-style:solid;border-width:1px;overflow:hidden;word-break:normal;border-color:black;} .tg .tg-6yhw{font-weight:bold;background-color:#ffcb2f;color:#000000;border-color:#000000;text-align:right;vertical-align:top} .tg .tg-fea7{font-weight:bold;background-color:#ffcb2f;color:#000000;border-color:#000000;text-align:left;vertical-align:top} .tg .tg-5agr{color:#343434;border-color:inherit;text-align:left;vertical-align:top} .tg .tg-39dc{color:#343434;border-color:inherit;text-align:right;vertical-align:top} HIL Net Sales EBITDA Reported PAT FY19 (Rs Billion) 22.08 2.81 1.01 Growth over FY18 (%) 72.54 65.03 25.56

Next Story
Infrastructure Urban

IWAI Signs MoU with Rhenus to Boost Cargo on Waterways

The Inland Waterways Authority of India (IWAI), under the Ministry of Ports, Shipping and Waterways (MoPSW), has signed a Memorandum of Understanding (MoU) with Rhenus Logistics India to enhance cargo movement on India's national waterways. Rhenus, a German logistics major operating in over seventy countries, will initially deploy one hundred cargo vessels and pusher tugs across major inland routes.The agreement, signed in New Delhi in the presence of Union Minister Sarbananda Sonowal, marks a significant push toward private sector participation in inland water transport. The phased operation ..

Next Story
Infrastructure Urban

Bengaluru Launches Rs 70 Bn Infrastructure Upgrade

The Karnataka government has launched a Rs 70 billion infrastructure transformation plan for Bengaluru by establishing Bengaluru Smart Infrastructure Limited (B-SMILE), a Special Purpose Vehicle (SPV) focused on delivering high-impact urban projects.B-SMILE will operate independently from Bruhat Bengaluru Mahanagara Palike (BBMP), which is undergoing restructuring. The SPV will handle both public and private investments, ensuring faster project execution and streamlined governance.The plan includes constructing forty kilometres of tunnel roads, new flyovers, underpasses, and road development a..

Next Story
Infrastructure Urban

MP Khatana Inaugurates Community Projects in Jammu Constituencies

Rajya Sabha Member of Parliament and senior Bharatiya Janata Party (BJP) leader Er. Ghulam Ali Khatana inaugurated a series of infrastructure and community development projects on Tuesday across Bahu and Jammu North constituencies.At Narwal Bala, MP Khatana opened a newly built cremation shed developed under the Members of Parliament Local Area Development Scheme (MPLADS). The event saw attendance from municipal and engineering officials. To mark the inauguration, the MP planted a sapling, encouraging environmental responsibility.At Middle School, Kiryani Talab, he unveiled improvements includ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?