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 ₹ 1,330 Cr.
- Current Price ₹ 610
- High / Low ₹ 865 / 378
- Stock P/E 18.8
- Book Value ₹ 640
- Dividend Yield 1.64 %
- ROCE 3.40 %
- ROE 2.34 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.95 times its book value
Cons
- Promoter holding is low: 24.9%
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|
2,072 | 1,744 | 1,984 | |
1,930 | 1,664 | 1,855 | |
Operating Profit | 142 | 80 | 128 |
OPM % | 7% | 5% | 6% |
19 | 33 | 28 | |
Interest | 2 | 5 | 5 |
Depreciation | 41 | 50 | 53 |
Profit before tax | 118 | 58 | 98 |
Tax % | 23% | 26% | |
90 | 43 | 71 | |
EPS in Rs | 41.34 | 19.56 | 32.34 |
Dividend Payout % | 24% | 51% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 12% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 67% |
Stock Price CAGR | |
---|---|
10 Years: | 14% |
5 Years: | 28% |
3 Years: | 15% |
1 Year: | 46% |
Return on Equity | |
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10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 2% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|
Equity Capital | 22 | 22 | 22 |
Reserves | 1,300 | 1,343 | 1,376 |
68 | 52 | 52 | |
233 | 268 | 421 | |
Total Liabilities | 1,623 | 1,684 | 1,870 |
645 | 806 | 786 | |
CWIP | 106 | 4 | 15 |
Investments | 344 | 342 | 406 |
528 | 533 | 664 | |
Total Assets | 1,623 | 1,684 | 1,870 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2023 | Mar 2024 | |
---|---|---|
219 | 88 | |
-251 | -47 | |
29 | -43 | |
Net Cash Flow | -3 | -2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2023 | Mar 2024 | |
---|---|---|
Debtor Days | 38 | 41 |
Inventory Days | 64 | 86 |
Days Payable | 28 | 41 |
Cash Conversion Cycle | 74 | 86 |
Working Capital Days | 64 | 75 |
ROCE % | 3% |
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
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Financial Year 2012
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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).