Century

Approach to Value Creation

At CTIL, we understand that value creation extends far beyond financial returns. It encompasses the positive impact we have on society, the environment, and our stakeholders. Our approach to value creation is rooted in a holistic model that integrates economic, social, and environmental factors, driving sustainable growth while fulfilling our purpose as a responsible corporate citizen.

Our value creation model is uniquely positioned to drive sustainability, fostering innovation, collaboration, and resilience across our operations and value chain. By integrating sustainability into our core strategies, we create long-term value for all stakeholders. We achieve this by developing innovative solutions to environmental challenges, fostering collaboration and partnerships, promoting diversity and inclusion, and embracing transparency and accountability. This approach contributes to a more sustainable and prosperous future for generations to come.

As a purpose-led Company, our value creation strategy enables us to generate sustainable growth in collaboration with our stakeholders. CTIL recognises the importance of creating value for stakeholders in the short, medium, and long term. The Company creates value by harmonising its inputs and business processes, to create positive outputs and outcomes. In order to support the achievement of our strategic goal, we have the following important processes in place:

Input

Financial Capital

Capital Expenditure:
₹ 180.89 Crores
Debts:
₹ 2,481.54 Crores
Net worth:
₹ 4,094.70 Crores
Shareholder equity:
₹ 111.69 Crores
Working capital:
₹ 2,594.31 Crores

Manufactured Capital

Total weight of raw material used:
20,38, 275 MT
Sustainably sourced raw material:
62%
Real Estate area under construction:
9.3 Million Square Feet
Pulp and Paper installed manufacturing capacity:
4,81,130 Tons/Annum
Total number of manufacturing sites/plants:
3

We emphasise inputs and business processes as pivotal elements driving the creation of outputs in a responsible and sustainable manner. The strategic alignment of resources, encompassing raw materials, human capital, and technological innovations, intertwines seamlessly with our ethical and sustainable business practices. The result is a thoughtful and conscientious production of outputs, where financial success is intricately intertwined with our dedication to minimising environmental impact and maximising positive social contributions. This confluence underscores our holistic commitment to responsible and sustainable value creation, solidifying our role as a responsible corporate citizen.

Human Capital

Total employees:
1,179
Total workers:
6,529
Employee benefits expenditure:
₹ 6.53 Crores
Occupational Health and Safety coverage (ISO:45001:2018) of total employees and workers:7,281
Training coverage on health and safety:
2,064

Natural Capital

Total energy consumption:
15,850 TJ
Renewable energy consumed:
5,075 TJ
Total water withdrawal:
1,27,19,033 KL
Total amount of recycled materials used:
4,71,571 MT
Total weight of renewable material used:
6,89,065 MT

The significance of collaboration among various capitals in our Integrated Report becomes evident as it underscores our commitment to holistic value creation and reflects the interconnected nature of our efforts. By synergising different capitals, we aim to maximise positive outcomes and ensure a sustainable and innovative impact for the long term.

Social and Relationship Capital

Total CSR expenditure:
₹ 4.88 Crores
Diverse group of
value chain partners
Total amount of input material sourced from Micro, Small & Medium Enterprises (MSMEs): ₹ 49.78 Crores

Intellectual Capital

Diverse unique initiatives adding
values to sustainability

Business Model/Business Outlook

CTIL's Business Verticals

Real Estate

Pulp and Paper

Our Mission

We will provide an iconic brand experience aligned to our legacy by never compromising on transparency, commitment, quality and superior design.

We will continuously strive to implement the critical initiatives required to achieve our vision. In doing this, we will deliver operational excellence through relentless focus on ensuring Environmental Compliance & consistently innovating to provide Customer Delight. We will strive to follow the highest ethical standards in our relationships with our Customers, Dealers & Distributors, Vendors, Employees and shareholders. All our long-term strategies and short-term actions will be moulded by a set of core values shared by every employee.

Our Vision

We will transform the perception of Indian Real Estate sector by delivering an exceptional experience and creating value; at every level, for every stakeholder.

To be the most preferred customer choice by consistently delivering high quality paper products at competitive price using sustainable green technology. Adding to shareholder value by 2026 while making it one of the best places to work for our employees taking due care of all stakeholders.

Our Value

Integrity: Acting and taking decisions in a manner that is fair and honest. Following the highest standards of professionalism and being recognised for doing so. Integrity for us means not only financial and intellectual integrity, but encompasses all other forms as are generally understood.
Commitment: On the foundation of integrity, doing all that is needed to deliver value to all stakeholders. In the process, being accountable for our own actions and decisions, those of our team and those on the part of the organisation for which we are responsible.
Passion: An energetic, intuitive zeal that arises from emotional engagement with the organisation that makes work joyful and inspires each one to give his or her best. A voluntary, spontaneous and relentless pursuit of goals and objectives with the highest level of energy and enthusiasm.
Seamlessness: Thinking and working together across functional groups, hierarchies, businesses and geographies. Leveraging diverse competencies and perspectives to garner the benefits of synergy while promoting organisational unity through sharing and collaborative efforts.
Speed: Responding to internal and external customers with a sense of urgency. Continuously striving to finish before deadlines and choosing the best rhythm to optimise organisational efficiencies.

Products Offered by CTIL

Commercial Leasing

Residential

Paper

Multi-Layer Packaging Board

Tissue Paper

Green Pulp

Strategic Objectives of CTIL

CTIL's Stakeholders

Investors/Shareholders
Communities
Customers and Consumers
Employees
Regulatory Bodies
Supply Chain Partners
Media
Non-Governmental Organisations
Joint-Venture Partners

SDGs Impacted

Outputs

Financial Capital

Profit after tax:
₹ 60.38 Crores
Sales:
₹ 5,049.96 Crores
Market capitalisation as on 31^st March, 2024:
₹ 18,207 Crores
Economic value generated:
₹ 5,381.06 Crores

Manufactured Capital

Total weight of goods produced (Pulp and Paper):
4,65,538 MT
Reduced
environmental impact and responsible resource use
Total residential and commercial projects constructed area:
2.57 Million Square Feet
Pulp and Paper capacity utilisation:
97%

Human Capital

Employee satisfaction survey participation:
97%
Employee diversity - Female employee percentage increased by19% as compared to last year
Employee turnover rate:
32.58
Number of employees who availed maternity and paternity benefits:
6
Lost Time Injury Frequency Rate (LTIFR):
0.48

Natural Capital

Energy intensity reduction as compared to last year:
12%
Renewable energy share:
32%
Total emissions (Scope 1 + Scope 2):
10,25,984 tCO₂e
Total Zero Liquid Discharge (ZLD) Site
1
Total water discharge reduction as compared to last year:
5%
Total waste produced:
3,93,533 MT
Waste diverted from disposal:
3,88,197 MT (99%)

We are dedicated to creating value through a contemporary approach grounded in three core pillars: innovation, sustainability, and stakeholder collaboration. These pillars not only shape CTIL's strategic initiatives but also serve as the bedrock for the Company's endeavours to cultivate enduring value for all stakeholders.

Social and Relationship Capital

Total number of CSR beneficiaries:
1,18,208
Total number of CSR-focussed areas:
8
Creating Business Opportunities for
271 MSMEs

Intellectual Capital

New projects/products launched:
4

Outcomes

Increase in shareholder value and company profits

A rise in production and development volume and an enhancement in manufacturing effectiveness

Improvement in experience and skills of employees, technical capabilities of workers and organisational strengths

Environmental conservation with an aim to integrate environmental considerations into all business practices, fostering responsible and sustainable operations to meet long-term goals

Encouraging the exchange of information, lowering transaction costs, and enhancing brand power as a result of growing trust, Economic expansion along the entire value chain and in the customer network supports a sustainable society

Improvement of the organisation's culture to drive innovation, enhance product offerings through systematic research and experiment

SDGs Impacted