Century Enka Ltd
CEL manufactures industrial and textile yarn and fabric such as NTCF and NFY. CEL is part of the Aditya Birla Group. The NTCF is used as a reinforcement material in bias/cross ply tyres that are primarily used in trucks, buses, 2/3-wheelers, and off-the-road (OTR) vehicles used in mining, forestry, farming and heavy earthmoving. NFY is mainly used in sarees, dupattas, dress material and ethnic dresses.[1]
- Market Cap ₹ 1,324 Cr.
- Current Price ₹ 607
- High / Low ₹ 865 / 378
- Stock P/E 18.0
- Book Value ₹ 641
- Dividend Yield 1.65 %
- ROCE 3.61 %
- ROE 2.56 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.95 times its book value
- Company has been maintaining a healthy dividend payout of 27.9%
Cons
- The company has delivered a poor sales growth of -0.53% over past five years.
- Promoter holding is low: 24.9%
- Company has a low return on equity of 7.76% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Textiles Industry: Textiles - Manmade
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,552 | 1,467 | 1,219 | 1,148 | 1,185 | 1,416 | 1,791 | 1,423 | 1,223 | 2,098 | 2,072 | 1,744 | 1,984 | |
1,414 | 1,289 | 1,103 | 1,014 | 1,003 | 1,305 | 1,641 | 1,330 | 1,102 | 1,834 | 1,930 | 1,661 | 1,853 | |
Operating Profit | 138 | 178 | 116 | 135 | 183 | 112 | 151 | 93 | 120 | 264 | 142 | 83 | 131 |
OPM % | 9% | 12% | 9% | 12% | 15% | 8% | 8% | 7% | 10% | 13% | 7% | 5% | 7% |
-5 | 10 | 7 | 4 | 5 | 43 | 17 | 42 | 14 | 21 | 19 | 33 | 28 | |
Interest | 29 | 21 | 17 | 10 | 6 | 3 | 3 | 3 | 2 | 1 | 2 | 5 | 5 |
Depreciation | 72 | 71 | 43 | 41 | 42 | 42 | 45 | 46 | 41 | 40 | 41 | 50 | 53 |
Profit before tax | 31 | 96 | 63 | 88 | 140 | 109 | 119 | 86 | 92 | 244 | 118 | 61 | 101 |
Tax % | 30% | 34% | 42% | 33% | 35% | 36% | 36% | -10% | 23% | 25% | 23% | 24% | |
22 | 63 | 37 | 59 | 91 | 70 | 77 | 96 | 71 | 184 | 90 | 46 | 74 | |
EPS in Rs | 10.02 | 28.80 | 16.74 | 27.05 | 41.63 | 32.08 | 35.05 | 43.72 | 32.46 | 84.28 | 41.39 | 21.00 | 33.66 |
Dividend Payout % | 60% | 21% | 36% | 28% | 17% | 22% | 20% | 18% | 25% | 12% | 24% | 48% |
Compounded Sales Growth | |
---|---|
10 Years: | 2% |
5 Years: | -1% |
3 Years: | 13% |
TTM: | 12% |
Compounded Profit Growth | |
---|---|
10 Years: | -6% |
5 Years: | -14% |
3 Years: | -19% |
TTM: | 72% |
Stock Price CAGR | |
---|---|
10 Years: | 14% |
5 Years: | 28% |
3 Years: | 15% |
1 Year: | 46% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 8% |
3 Years: | 8% |
Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 |
Reserves | 632 | 679 | 694 | 756 | 833 | 879 | 933 | 1,003 | 1,067 | 1,229 | 1,300 | 1,346 | 1,379 |
277 | 195 | 152 | 70 | 53 | 47 | 38 | 23 | 13 | 15 | 68 | 52 | 52 | |
179 | 174 | 180 | 168 | 213 | 216 | 238 | 216 | 238 | 257 | 233 | 268 | 421 | |
Total Liabilities | 1,110 | 1,070 | 1,049 | 1,016 | 1,119 | 1,164 | 1,231 | 1,264 | 1,340 | 1,523 | 1,623 | 1,688 | 1,874 |
670 | 596 | 612 | 602 | 569 | 575 | 548 | 528 | 492 | 476 | 645 | 806 | 786 | |
CWIP | 3 | 22 | 12 | 2 | 6 | 4 | 2 | 3 | 2 | 68 | 106 | 4 | 15 |
Investments | 3 | 9 | 9 | 80 | 98 | 87 | 168 | 262 | 302 | 260 | 344 | 345 | 409 |
433 | 443 | 416 | 333 | 447 | 499 | 513 | 471 | 545 | 718 | 528 | 533 | 664 | |
Total Assets | 1,110 | 1,070 | 1,049 | 1,016 | 1,119 | 1,164 | 1,231 | 1,264 | 1,340 | 1,523 | 1,623 | 1,688 | 1,874 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
130 | 152 | 128 | 192 | 61 | 56 | 122 | 142 | 109 | 56 | 219 | 88 | |
-12 | -32 | -53 | -83 | -20 | -8 | -110 | -104 | -76 | -41 | -251 | -47 | |
-117 | -119 | -76 | -108 | -43 | -28 | -31 | -38 | -29 | -17 | 29 | -43 | |
Net Cash Flow | 1 | 1 | -1 | 1 | -2 | 20 | -18 | -1 | 4 | -3 | -3 | -2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 40 | 47 | 49 | 50 | 58 | 53 | 42 | 39 | 69 | 42 | 38 | 41 |
Inventory Days | 69 | 80 | 97 | 78 | 134 | 90 | 68 | 96 | 97 | 85 | 64 | 86 |
Days Payable | 8 | 14 | 16 | 17 | 40 | 30 | 29 | 43 | 65 | 33 | 28 | 41 |
Cash Conversion Cycle | 101 | 114 | 131 | 110 | 152 | 113 | 80 | 92 | 102 | 93 | 74 | 86 |
Working Capital Days | 64 | 83 | 94 | 80 | 100 | 92 | 75 | 84 | 98 | 79 | 64 | 75 |
ROCE % | 8% | 12% | 9% | 11% | 17% | 9% | 12% | 8% | 8% | 20% | 8% | 4% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 1d
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 15 Nov
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Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
15 Nov - Intimation of loss of share certificates.
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 11 Nov
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
8 Nov - Audio recording of Q2/H1-FY25 earnings conference call.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
from nse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Concalls
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Nov 2024Transcript PPT
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Sep 2024TranscriptNotesPPT
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Aug 2024Transcript PPT
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Jul 2024TranscriptNotesPPT
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May 2024Transcript PPT
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Jan 2024Transcript PPT
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Dec 2023TranscriptNotesPPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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Aug 2022TranscriptNotesPPT
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May 2022Transcript PPT
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Mar 2022TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
Background
The company was set up in 1965 by the BK Birla group and Enka International (part of the Netherlands-based Akzo Nobel group).