Dear Shareholders,
I'm pleased to share that we're at the beginning of a new chapter at
the Group level: the CK Birla Group is now the CKA Birla Group.
This change reflects more than a name, it marks the Group's continued
evolution. From our manufacturing roots, we've grown into a services led enterprise with
technology at the core. The new identity better represents our diversified portfolio,
broader customer base and global presence. It also reaffirms our belief in people: our
teams and leaders, as central to how we build, grow and create lasting value.
As we move ahead under the CKA Birla identity, we remain deeply
committed to building long term trust with our customers and empowering people across
businesses. This evolution is equally reflected in how HIL has reimagined its purpose and
identity. HIL is now BirlaNu.
BirlaNu isn't just a name, it reflects our renewed purpose and promise
to be the partner you trust in building the future. BirlaNu is inspired by the people we
serve and driven by a passion for continuous growth. Rooted in connection, creativity and
sustainability, we empower homeowners, builders and designers to bring their vision to
life, crafting innovative buildings and structures that stand the test of time. We're
deeply committed to building a global brand, one that's backed by a stronger manufacturing
footprint and focused growth in high potential categories.
The past year has been one of meaningful transition. As we embraced our
new name and purpose, we also navigated a complex macroeconomic environment, reflected in
the year's measured financial performance. We delivered a consolidated revenue of 43,615
crore, a 7% increase over the previous year and an EBITDA of 488 crore.
In the Pipes segment, we delivered industry leading growth of 57%,
supported by the successful integration of Crestia Polytech (Topline), which is already
unlocking product and market synergies. Construction Chemicals continued its strong
momentum, growing 23% year on year. Our Charminar brand reinforced its leadership in
Roofs, maintaining both share and price positioning. The Walls category remained flat
amidst subdued demand and pricing pressures. Across segments, we responded with
disciplined cost focus to protect margins while staying aligned to long term growth
priorities.
Despite recessionary pressures and muted consumer sentiment in key
European markets, Parador delivered strong performance, growing revenue by 7% and volumes
by 9%. This was driven by agile pricing, a restructured sales engine and expansion into
several growth markets. Our sharper focus on commercial segments, product innovation and
execution drove this momentum, while disciplined cost and capital management ensured
operational efficiency.
During the year, our brands received significant recognition, Charminar
and BirlaNu Aerocon were awarded Superbrands and named Brand of the Year by Realty+.
Equally important was the recognition of our sustainability efforts, which remain central
to our long term strategy. Certifications from GRIHA, IGBC and GreenPro reaffirm our
commitment to responsible raw material sourcing and innovation across energy use, waste
management and product design.
We've always believed that growth must come with responsibility,
towards our customers, communities and our people. In FY25, we impacted over 30,000
beneficiaries from underserved communities through focused social programmes, while
continuing to invest in our people and culture. We were proud to be ranked 12th among
India's Best Companies to Work For and 41st in Asia's Best Workplaces 2024, recognitions
that reflect our commitment to building a modern, diverse and future focused workplace
where every team member can contribute with pride and purpose.
Building a strong, future ready organization also means embracing the
technologies that are reshaping our world. In the building solutions industry, AI and
digital innovation are unlocking new ways to go to market, serve customers and streamline
operations. That's why we're investing in AI led tools, not just to sharpen our supply
chain but to elevate customer experience and deliver more tailored responsive solutions.
We remain deeply committed to creating long term value for our
customers, partners and shareholders. On behalf of the Board of Directors, I thank you for
your continued support and trust. As we step into this next chapter under the BirlaNu
brand, we carry forward what has always defined us, delivering value, building with
integrity and growing with purpose.
Warmly,
CK Birla
Chairman