Century Textiles & Industries Ltd

Century Textiles & Industries Ltd

₹ 2,330 5.04%
24 Jun - close price
About

Century Textiles and Industries Ltd has transformed from a single-unit textile entity in 1987 into a commercial powerhouse with interests in diverse industries. Currently, the business house is a trendsetter in cotton textiles and also has a remarkable presence in the Pulp and Paper and Real Estate sectors. [1]

Key Points

Revenue Breakup Q2FY24[1]
Paper & Pulp : 73%
Textiles : 22%
Real Estate Business : 4%
Others : 1%

  • Market Cap 26,020 Cr.
  • Current Price 2,330
  • High / Low 2,397 / 790
  • Stock P/E 102
  • Book Value 356
  • Dividend Yield 0.21 %
  • ROCE 8.30 %
  • ROE 6.49 %
  • Face Value 10.0

Pros

  • Company has been maintaining a healthy dividend payout of 52.6%

Cons

  • Stock is trading at 6.54 times its book value
  • Company has a low return on equity of 5.23% over last 3 years.
  • Company might be capitalizing the interest cost
  • Working capital days have increased from 113 days to 182 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.

Peer comparison

Sector: Paper Industry: Paper

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
839 842 1,014 1,065 1,211 1,190 1,233 1,169 982 1,117 1,103 1,070 1,686
769 739 902 965 1,085 1,051 1,054 1,082 835 996 1,075 879 1,423
Operating Profit 70 103 112 100 125 139 179 87 147 121 28 191 263
OPM % 8% 12% 11% 9% 10% 12% 14% 7% 15% 11% 3% 18% 16%
5 10 33 5 8 4 10 4 118 -56 12 3 -126
Interest 16 13 12 12 15 11 15 13 8 13 17 8 12
Depreciation 58 57 58 59 57 56 57 57 49 58 59 53 55
Profit before tax 2 43 74 34 62 76 116 21 207 -7 -36 133 71
Tax % 725% 51% 40% 64% -37% 40% 40% 68% 31% -8% 9% 40% 71%
-10 21 44 12 84 45 70 7 142 -7 -33 80 21
EPS in Rs -0.75 1.93 4.00 1.27 7.71 4.15 6.41 0.78 13.01 -0.53 -2.73 7.46 0.34
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
7,645 3,898 3,944 3,423 2,617 4,131 4,800 4,514
6,721 3,092 2,992 2,873 2,411 3,687 4,274 3,875
Operating Profit 924 805 951 550 205 444 525 639
OPM % 12% 21% 24% 16% 8% 11% 11% 14%
62 138 5,673 32 62 51 162 -188
Interest 551 212 102 87 71 52 54 36
Depreciation 313 199 193 229 231 231 227 210
Profit before tax 122 532 6,330 267 -35 212 406 205
Tax % 14% 30% 4% -35% 4% 24% 35% 71%
105 372 6,063 360 -34 162 265 60
EPS in Rs 9.40 33.27 542.81 32.70 -2.73 14.91 24.34 4.52
Dividend Payout % 59% 20% 1% 9% -37% 27% 21% 111%
Compounded Sales Growth
10 Years: %
5 Years: 3%
3 Years: 20%
TTM: -6%
Compounded Profit Growth
10 Years: %
5 Years: -47%
3 Years: 118%
TTM: 44%
Stock Price CAGR
10 Years: 24%
5 Years: 40%
3 Years: 57%
1 Year: 193%
Return on Equity
10 Years: %
5 Years: 5%
3 Years: 5%
Last Year: 6%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 112 112 112 112 112 112 112 112
Reserves 2,370 2,636 3,182 3,368 3,393 3,607 3,775 3,867
5,700 4,369 1,020 1,400 1,049 1,336 1,059 2,502
2,154 3,214 1,861 1,868 2,141 2,684 3,465 4,029
Total Liabilities 10,336 10,331 6,175 6,747 6,693 7,739 8,411 10,510
7,309 7,256 4,430 4,293 4,139 4,059 3,916 3,735
CWIP 34 35 275 176 210 211 226 57
Investments 258 223 183 107 238 409 228 692
2,734 2,817 1,287 2,171 2,106 3,060 4,041 6,027
Total Assets 10,336 10,331 6,175 6,747 6,693 7,739 8,411 10,510

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
940 2,209 548 -23 566 -51 271 -315
-247 -195 -123 -241 -92 -176 138 -524
-175 -1,795 -677 392 -471 207 -553 1,272
Net Cash Flow 518 219 -253 128 4 -21 -144 433

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 24 39 19 19 22 19 12 13
Inventory Days 232 328 174 362 486 429 523 657
Days Payable 129 190 130 133 200 158 126 104
Cash Conversion Cycle 126 178 64 248 308 290 409 566
Working Capital Days -33 -45 -0 -12 55 78 79 182
ROCE % 10% 112% 8% 1% 5% 6%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
50.21% 50.21% 50.21% 50.21% 50.21% 50.21% 50.21% 50.21% 50.21% 50.21% 50.21% 50.21%
9.51% 8.86% 7.44% 7.32% 7.87% 7.91% 7.72% 7.92% 8.07% 6.64% 6.42% 7.46%
13.74% 14.64% 15.12% 15.46% 15.54% 15.98% 16.06% 16.07% 15.24% 16.10% 17.39% 16.54%
26.55% 26.29% 27.23% 27.01% 26.38% 25.89% 26.00% 25.82% 25.36% 25.93% 24.86% 24.68%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.12% 1.12% 1.12% 1.12%
No. of Shareholders 69,54273,79674,20775,61474,48472,58773,36872,93873,78972,01468,30169,463

* 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.

Documents

Concalls