Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 30 May, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Century Enka Ltd

About the Company - Century Enka Ltd

Century Enka Ltd. is a Public Limited Listed company incorporated on 17/11/1965 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L24304PN1965PLC139075 and registration number is 139075. Currently Company is involved in the business activities of Manufacture of other textiles. Company’s Total Operating Revenue is Rs. 2097.83 Cr. and Equity Capital is Rs. 21.85 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Textiles - Manmade Fibre - PFY/PSFPlot No. 72 & 72-A, MIDC, Bhosari, Pune Maharashtra 411026cel.registeredoffice@birlacentury.com
http://www.centuryenka.com
Management
NamePosition Held
Mrs. Rajashree BirlaChairperson & Executive Director
Mr. Suresh SodaniManaging Director
Mrs. Krupa R GandhiIndependent Director
Mrs. Devajyoti N BhattacharyaNon Executive Director
Mr. Sohanlal K JainIndependent Director
Mr. Krishna S TharIndependent Director

Basic Stock Data of Century Enka Ltd

Last Updated: May 15, 2024, 7:43 am

Market Cap 1,272 Cr.
Current Price 581
High / Low595/377
Stock P/E31.7
Book Value 606
Dividend Yield1.72 %
ROCE8.42 %
ROE6.55 %
Face Value 10.0
PEG Ratio-2.13

Century Enka Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales398.35445.06423.28538.64563.42572.41567.79563.39468.25472.62428.50396.40450.57
Expenses340.44374.65361.89479.58487.74504.33506.60525.57447.58449.97407.12387.04432.29
Operating Profit57.9170.4161.3959.0675.6868.0861.1937.8220.6722.6521.389.3618.28
OPM %14.54%15.82%14.50%10.96%13.43%11.89%10.78%6.71%4.41%4.79%4.99%2.36%4.06%
Other Income-1.894.184.586.714.624.803.264.733.887.178.7111.795.79
Interest0.370.380.300.280.370.290.340.370.391.251.051.401.56
Depreciation10.949.889.4410.019.7610.4110.109.4110.0511.6611.1913.3412.66
Profit before tax44.7164.3356.2355.4870.1762.1854.0132.7714.1116.9117.856.419.85
Tax %27.38%24.50%24.35%25.40%27.92%20.15%25.38%21.70%29.34%14.19%23.25%29.64%24.67%
Net Profit32.4748.5742.5441.3950.5849.6540.3025.669.9714.5113.704.517.42
EPS in Rs14.8622.2319.4718.9423.1522.7218.4411.744.566.646.272.063.40

Last Updated: May 7, 2024, 5:44 am

Century Enka Ltd Quarterly Chart

Century Enka Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1,6501,5521,4671,2191,1481,1851,4161,7911,4231,2232,0982,0721,766
Expenses1,5681,4141,2891,1031,0141,0031,3051,6411,3301,1021,8341,9301,692
Operating Profit811381781161351831121519312026414274
OPM %5%9%12%9%12%15%8%8%7%10%13%7%4%
Other Income18-51074543174214211932
Interest322921171063332124
Depreciation67727143414242454641404146
Profit before tax031966388140109119869224411855
Tax %-2,409%30%34%42%33%35%36%36%-10%23%25%23%
Net Profit92263375991707796711849043
EPS in Rs4.0210.0228.8016.7427.0541.6332.0835.0543.7232.4684.2841.3919.53
Dividend Payout %124%60%21%36%28%17%22%20%18%25%12%24%

Century Enka Ltd Profit & Loss Yearly Chart

Century Enka Ltd Growth

Compounded Sales Growth
10 Years:2%
5 Years:-1%
3 Years:13%
TTM:-16%
Compounded Profit Growth
10 Years:-3%
5 Years:-9%
3 Years:-11%
TTM:-46%
Stock Price CAGR
10 Years:14%
5 Years:21%
3 Years:22%
1 Year:52%
Return on Equity
10 Years:8%
5 Years:8%
3 Years:8%
Last Year:3%

Last Updated: May 15, 2024, 7:43 am

Century Enka Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital22222222222222222222222222
Reserves6266326796947568338799331,0031,0671,2291,3001,302
Borrowings352277195152705347382313156867
Other Liabilities224179174180168213216238216238257233210
Total Liabilities1,2241,1101,0701,0491,0161,1191,1641,2311,2641,3401,5231,6231,601
Fixed Assets701670596612602569575548528492476645722
CWIP21322122642326810685
Investments3399809887168262302260344279
Other Assets499433443416333447499513471545718528516
Total Assets1,2241,1101,0701,0491,0161,1191,1641,2311,2641,3401,5231,6231,601

Century Enka Ltd Reserves and Borrowings Chart

Century Enka Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 145130152128192615612214210956219
Cash from Investing Activity -45-12-32-53-83-20-8-110-104-76-41-251
Cash from Financing Activity -105-117-119-76-108-43-28-31-38-29-1729
Net Cash Flow-511-11-220-18-14-3-3

Century Enka Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days364047495058534239694238
Inventory Days7569809778134906896978564
Days Payable23814161740302943653328
Cash Conversion Cycle8810111413111015211380921029374
Working Capital Days7764839480100927584987964
ROCE %3%8%12%9%11%17%9%12%8%8%20%8%

Century Enka Ltd Financial Efficiency Indicators Chart

No valid data available for the Shareholding

Century Enka Ltd Shareholding Pattern Chart

No. of Century Enka Ltd Shareholders

Century Enka Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
Quant Active Fund7349710.5130.86

Century Enka Ltd ROCE Trend

Century Enka Ltd EPS Trend

Century Enka Ltd Key Financial Ratios

MonthMar 23
FaceValue10.00
Basic EPS (Rs.)41.34
Diluted EPS (Rs.)41.34
Cash EPS (Rs.)60.26
Book Value[Excl.RevalReserv]/Share (Rs.)604.90
Book Value[Incl.RevalReserv]/Share (Rs.)604.90
Revenue From Operations / Share (Rs.)948.31
PBDIT / Share (Rs.)73.85
PBIT / Share (Rs.)54.99
PBT / Share (Rs.)53.91
Net Profit / Share (Rs.)41.39
NP After MI And SOA / Share (Rs.)41.34
PBDIT Margin (%)7.78
PBIT Margin (%)5.79
PBT Margin (%)5.68
Net Profit Margin (%)4.36
NP After MI And SOA Margin (%)4.35
Return on Networth / Equity (%)6.83
Return on Capital Employeed (%)8.16
Return On Assets (%)5.56
Long Term Debt / Equity (X)0.03
Total Debt / Equity (X)0.04
Current Ratio (X)5.43
Quick Ratio (X)3.82
Dividend Payout Ratio (NP) (%)24.19
Dividend Payout Ratio (CP) (%)16.61
Earning Retention Ratio (%)75.81
Cash Earning Retention Ratio (%)83.39
Interest Coverage Ratio (X)68.67
Interest Coverage Ratio (Post Tax) (X)39.49
Enterprise Value (Cr.)799.07
EV / Net Operating Revenue (X)0.38
EV / EBITDA (X)4.95
MarketCap / Net Operating Revenue (X)0.36
Retention Ratios (%)75.80
Price / BV (X)0.56
Price / Net Operating Revenue (X)0.36
EarningsYield0.12

Century Enka Ltd Profitability Ratios (%)

Century Enka Ltd Liquidity Ratios

Century Enka Ltd Liquidity Ratios (%)

Century Enka Ltd Interest Coverage Ratios (%)

Century Enka Ltd Valuation Ratios

Fair Value

Fair Value: ₹1,279.91

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 120.29% compared to the current price ₹581

Intrinsic Value: ₹1,089.39

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 87.50% compared to the current price ₹581

Last 5 Year EPS CAGR: -14.89%

*Investments are subject to market risks

Strength and Weakness of Century Enka Ltd Stock

StrengthWeakness
  1. The company has higher reserves (917.92 cr) compared to borrowings (105.38 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (1.15 cr) and profit (95.46 cr) over the years.
  1. The stock has a low average ROCE of 10.42%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 82.50, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 104.17, which may not be favorable.

FAQ

What is the latest fair value of Century Enka Ltd?

The latest fair value of Century Enka Ltd is ₹1279.91.

What is the Market Cap of Century Enka Ltd?

The Market Cap of Century Enka Ltd is 1,272 Cr..

What is the current Stock Price of Century Enka Ltd as on 19 May 2024?

The current stock price of Century Enka Ltd as on 19 May 2024 is 581.

What is the High / Low of Century Enka Ltd stocks in FY 2024?

In FY 2024, the High / Low of Century Enka Ltd stocks is ₹595/377.

What is the Stock P/E of Century Enka Ltd?

The Stock P/E of Century Enka Ltd is 31.7.

What is the Book Value of Century Enka Ltd?

The Book Value of Century Enka Ltd is 606.

What is the Dividend Yield of Century Enka Ltd?

The Dividend Yield of Century Enka Ltd is 1.72 %.

What is the ROCE of Century Enka Ltd?

The ROCE of Century Enka Ltd is 8.42 %.

What is the ROE of Century Enka Ltd?

The ROE of Century Enka Ltd is 6.55 %.

What is the Face Value of Century Enka Ltd?

The Face Value of Century Enka Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Century Enka Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE