Century Enka Ltd

Century Enka Ltd

₹ 483 0.06%
13 Jun - close price
About

Incorporated in 1965, CenturyEnka Ltd manufactures and sells Synthetic Yarn and related products[1]

Key Points

Business Overview:[1][2]
a) CEL is an Aditya Birla Group company, established by B. K. Birla in collaboration with Enka International ( part of the Netherlands-based Akzo Nobel group)
b) The company is one of the largest producers of Nylon Filament Yarn (NFY) and Nylon Tyre Cord Fabric (NTCF) in India, under the brand name ''Enkalon''
c) It also produces a wide range of High-Quality Nylon Yarns used for varied applications including fish lines, conveyor belts, sports and activewear, sarees, intimate and foundation wear, etc.
d) CEL makes customized Nylon tyre cord fabric for reinforcement of tyres which are used in motorcycles, scooters, light commercial vehicles (LCVs), medium & heavy commercial vehicles (MHCVs) farms and off-the-road
(OTR) vehicles.
e) The company has forayed into Polyester Tyre Cord Fabric (PTCF) used as reinforcement for tyres of passenger vehicles.

  • Market Cap 1,055 Cr.
  • Current Price 483
  • High / Low 865 / 419
  • Stock P/E 15.9
  • Book Value 649
  • Dividend Yield 2.07 %
  • ROCE 6.72 %
  • ROE 4.78 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.74 times its book value
  • Company has been maintaining a healthy dividend payout of 36.1%

Cons

  • Promoter holding is low: 24.9%
  • Working capital days have increased from 87.9 days to 125 days

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
567.79 563.39 468.25 472.62 428.50 396.40 450.57 468.68 528.02 536.27 493.40 444.00
506.60 525.67 447.58 449.99 407.30 387.26 435.04 434.91 487.02 498.51 466.68 435.38
Operating Profit 61.19 37.72 20.67 22.63 21.20 9.14 15.53 33.77 41.00 37.76 26.72 8.62
OPM % 10.78% 6.70% 4.41% 4.79% 4.95% 2.31% 3.45% 7.21% 7.76% 7.04% 5.42% 1.94%
3.26 4.73 3.88 7.17 8.71 11.79 5.79 7.21 7.41 7.29 7.40 15.25
Interest 0.34 0.37 0.39 1.25 1.05 1.40 1.56 1.34 1.18 1.18 1.21 0.97
Depreciation 10.10 9.41 10.05 11.66 11.19 13.34 12.66 13.07 12.77 14.23 14.36 13.61
Profit before tax 54.01 32.67 14.11 16.89 17.67 6.19 7.10 26.57 34.46 29.64 18.55 9.29
Tax % 25.38% 21.76% 29.34% 14.21% 23.49% 30.69% 34.23% 23.71% 29.43% 27.80% 24.58% 27.23%
40.30 25.56 9.97 14.49 13.52 4.29 4.67 20.27 24.32 21.40 13.99 6.76
EPS in Rs 18.44 11.70 4.56 6.63 6.19 1.96 2.14 9.28 11.13 9.79 6.40 3.09
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 Mar 2025
2,072 1,744 2,002
1,930 1,664 1,888
Operating Profit 142 80 114
OPM % 7% 5% 6%
19 33 37
Interest 2 5 5
Depreciation 41 50 55
Profit before tax 118 58 92
Tax % 23% 26% 28%
90 43 66
EPS in Rs 41.34 19.56 30.42
Dividend Payout % 24% 51% 33%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 15%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 112%
Stock Price CAGR
10 Years: 12%
5 Years: 22%
3 Years: 1%
1 Year: -26%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 5%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 Mar 2025
Equity Capital 22 22 22
Reserves 1,300 1,343 1,396
68 52 37
233 268 327
Total Liabilities 1,623 1,684 1,782
645 806 788
CWIP 106 4 13
Investments 344 342 409
528 533 571
Total Assets 1,623 1,684 1,782

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 Mar 2025
219 88 118
-251 -47 -76
29 -43 -42
Net Cash Flow -3 -2 0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 Mar 2025
Debtor Days 38 41 32
Inventory Days 64 86 87
Days Payable 28 41 48
Cash Conversion Cycle 74 86 71
Working Capital Days 64 75 125
ROCE % 3% 7%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
24.80% 24.79% 24.79% 24.79% 24.79% 24.86% 24.86% 24.86% 24.86% 24.86% 24.87% 24.87%
5.35% 4.41% 3.62% 3.35% 3.42% 3.35% 2.95% 2.91% 3.44% 3.44% 3.12% 2.71%
7.92% 6.15% 5.20% 4.74% 5.11% 5.11% 6.27% 6.27% 9.62% 9.37% 9.42% 9.24%
61.94% 64.66% 66.39% 67.11% 66.68% 66.68% 65.91% 65.95% 62.10% 62.33% 62.59% 63.18%
No. of Shareholders 43,47243,14148,37347,22146,49443,98942,42941,07938,05938,73439,56339,143

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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