Century Extrusions Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 2:44 am

Market Cap	207 Cr.
Current Price	25.8
High / Low	32.4/16.9
Stock P/E	26.6
Book Value	9.76
Dividend Yield	0.00 %
ROCE	17.1 %
ROE	10.5 %
Face Value	1.00
PEG Ratio	0.91

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

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Competitors of

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Golkonda Aluminium Extrusions Ltd	7.27 Cr.	13.8	21.9/12.6	17.7	15.7	0.00 %	3.38 %	3.38 %	10.0
Century Extrusions Ltd	207 Cr.	25.8	32.4/16.9	26.6	9.76	0.00 %	17.1 %	10.5 %	1.00
Industry Average	207.00 Cr	19.80		22.15	12.73	0.00%	10.24%	6.94%	5.50

All Competitor Stocks of

Quarterly Result

Month	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	66.14	73.26	84.14	98.92	96.01	95.91	99.92	80.17	91.69	95.67	95.44	92.30	101.42
Expenses	61.61	68.55	80.07	93.30	90.03	90.72	94.89	74.65	86.33	89.54	89.86	86.64	95.11
Operating Profit	4.53	4.71	4.07	5.62	5.98	5.19	5.03	5.52	5.36	6.13	5.58	5.66	6.31
OPM %	6.85%	6.43%	4.84%	5.68%	6.23%	5.41%	5.03%	6.89%	5.85%	6.41%	5.85%	6.13%	6.22%
Other Income	0.06	0.09	0.15	0.41	0.23	-0.08	0.07	-1.34	0.21	0.08	0.07	0.51	0.08
Interest	1.87	1.89	1.89	1.95	2.07	2.38	2.30	2.16	2.07	2.39	2.35	2.55	2.25
Depreciation	1.32	0.57	0.72	0.78	1.07	0.70	0.67	0.61	0.73	0.69	0.74	1.19	0.87
Profit before tax	1.40	2.34	1.61	3.30	3.07	2.03	2.13	1.41	2.77	3.13	2.56	2.43	3.27
Tax %	27.14%	34.19%	36.02%	21.82%	25.41%	24.14%	22.07%	65.96%	26.71%	25.56%	24.22%	52.67%	25.69%
Net Profit	1.02	1.54	1.03	2.58	2.29	1.54	1.66	0.48	2.03	2.33	1.94	1.15	2.43
EPS in Rs	0.13	0.19	0.13	0.32	0.29	0.19	0.21	0.06	0.25	0.29	0.24	0.14	0.30

Last Updated: September 12, 2024, 2:16 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 12, 2024, 2:16 pm

Month	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
Sales	178	190	174	168	180	236	255	231	187	322	372	375	385
Expenses	170	183	166	159	170	225	239	215	172	304	350	352	361
Operating Profit	8	7	8	9	10	11	16	16	15	19	22	23	24
OPM %	4%	4%	5%	5%	5%	5%	6%	7%	8%	6%	6%	6%	6%
Other Income	4	3	4	2	2	3	1	2	0	1	-1	1	1
Interest	8	8	7	7	7	6	7	7	7	8	9	9	10
Depreciation	4	4	3	3	3	4	4	5	5	3	3	3	3
Profit before tax	-0	-3	1	1	1	4	6	5	3	9	9	11	11
Tax %	-90%	-59%	-38%	-62%	4%	15%	29%	31%	30%	29%	31%	32%
Net Profit	-0	-1	1	1	1	4	4	4	2	6	6	7	8
EPS in Rs	-0.00	-0.13	0.18	0.11	0.17	0.46	0.50	0.46	0.27	0.77	0.75	0.93	0.97
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	200.00%	0.00%	0.00%	300.00%	0.00%	0.00%	-50.00%	200.00%	0.00%	16.67%
Change in YoY Net Profit Growth (%)	0.00%	-200.00%	0.00%	300.00%	-300.00%	0.00%	-50.00%	250.00%	-200.00%	16.67%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2014-2015 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	7%
5 Years:	8%
3 Years:	26%
TTM:	8%

Compounded Profit Growth
10 Years:	26%
5 Years:	12%
3 Years:	49%
TTM:	13%

Stock Price CAGR
10 Years:	29%
5 Years:	60%
3 Years:	32%
1 Year:	39%

Return on Equity
10 Years:	8%
5 Years:	9%
3 Years:	11%
Last Year:	10%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 3:50 pm

Month	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	8	8	8	8	8	8	8	8	8	8	8	8	8
Reserves	28	28	29	30	31	35	39	42	45	51	57	65	70
Borrowings	45	39	34	35	36	39	55	43	40	44	47	48	46
Other Liabilities	19	21	21	18	25	23	23	18	24	33	21	38	38
Total Liabilities	101	95	92	91	101	104	125	112	117	137	133	159	162
Fixed Assets	42	38	37	33	30	28	24	28	28	27	25	29	31
CWIP	0	0	-0	-0	-0	0	7	5	0	-0	0	0	1
Investments	-0	-0	-0	-0	-0	-0	-0	-0	-0	0	-0	-0	-0
Other Assets	59	57	56	58	70	76	94	80	88	110	108	129	130
Total Assets	101	95	92	91	101	104	125	112	117	137	133	159	162

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	3	11	10	5	3	5	-3	21	22	-8	14	11
Cash from Investing Activity +	-3	-1	-2	0	-0	-1	-7	-4	-1	-4	-8	-5
Cash from Financing Activity +	1	-10	-8	-5	-3	-3	10	-19	-11	4	2	-7
Net Cash Flow	0	-0	0	0	-1	2	1	-2	9	-8	8	-0

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-37.00	-32.00	-26.00	-26.00	-26.00	-28.00	-39.00	-27.00	-25.00	-25.00	-25.00	-25.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	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	48	47	41	44	45	46	40	40	47	52	34	34
Inventory Days	60	44	52	55	77	50	70	72	89	62	41	50
Days Payable	25	29	35	30	44	22	30	17	38	33	15	36
Cash Conversion Cycle	83	63	58	70	78	73	80	95	98	81	60	49
Working Capital Days	49	35	41	59	74	64	77	79	92	77	68	62
ROCE %	10%	7%	12%	11%	11%	14%	14%	12%	11%	17%	18%	17%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	52.04%	52.04%	52.04%	52.04%	52.04%	52.04%	52.04%	52.04%	52.04%	52.04%	52.04%	52.04%
FIIs	0.00%	0.00%	0.00%	0.37%	0.17%	0.15%	0.14%	0.14%	0.14%	0.36%	0.14%	0.15%
DIIs	0.01%	0.01%	0.01%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	47.96%	47.96%	47.96%	47.59%	47.80%	47.81%	47.82%	47.81%	47.82%	47.61%	47.82%	47.81%
No. of Shareholders	29,347	32,693	36,934	36,275	36,753	37,904	38,593	39,426	50,786	52,256	38,593	56,086

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	1.00	1.00	1.00	1.00	1.00
Basic EPS (Rs.)	0.93	0.75	0.77	0.27	0.46
Diluted EPS (Rs.)	0.93	0.75	0.77	0.27	0.46
Cash EPS (Rs.)	1.35	1.13	1.20	0.90	1.10
Book Value[Excl.RevalReserv]/Share (Rs.)	9.13	8.14	7.41	6.61	6.31
Book Value[Incl.RevalReserv]/Share (Rs.)	9.13	8.14	7.41	6.61	6.31
Revenue From Operations / Share (Rs.)	46.89	46.50	40.31	23.42	28.82
PBDIT / Share (Rs.)	2.91	2.76	2.46	1.96	2.15
PBIT / Share (Rs.)	2.49	2.38	2.03	1.32	1.51
PBT / Share (Rs.)	1.36	1.08	1.08	0.39	0.67
Net Profit / Share (Rs.)	0.93	0.74	0.77	0.27	0.46
PBDIT Margin (%)	6.20	5.93	6.09	8.35	7.47
PBIT Margin (%)	5.31	5.11	5.03	5.64	5.25
PBT Margin (%)	2.90	2.32	2.68	1.67	2.33
Net Profit Margin (%)	1.98	1.60	1.91	1.16	1.60
Return on Networth / Equity (%)	10.19	9.16	10.41	4.12	7.33
Return on Capital Employeed (%)	25.56	26.05	22.09	17.17	20.36
Return On Assets (%)	4.67	4.49	4.50	1.87	3.30
Long Term Debt / Equity (X)	0.05	0.10	0.21	0.11	0.11
Total Debt / Equity (X)	0.65	0.71	0.74	0.70	0.79
Asset Turnover Ratio (%)	2.57	2.76	2.55	1.64	1.95
Current Ratio (X)	1.44	1.68	1.62	1.45	1.34
Quick Ratio (X)	0.95	1.14	0.94	0.83	0.70
Inventory Turnover Ratio (X)	8.12	7.68	6.87	4.12	4.87
Interest Coverage Ratio (X)	2.49	2.48	2.58	2.10	2.56
Interest Coverage Ratio (Post Tax) (X)	1.76	1.84	1.81	1.29	1.55
Enterprise Value (Cr.)	182.98	101.70	124.08	59.78	50.72
EV / Net Operating Revenue (X)	0.48	0.27	0.38	0.31	0.21
EV / EBITDA (X)	7.86	4.61	6.32	3.82	2.94
MarketCap / Net Operating Revenue (X)	0.40	0.17	0.25	0.18	0.05
Price / BV (X)	2.07	1.01	1.40	0.64	0.25
Price / Net Operating Revenue (X)	0.40	0.17	0.25	0.18	0.05
EarningsYield	0.04	0.09	0.07	0.06	0.28

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 21, 2024 is: 27.80

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.

As of December 21, 2024, is Undervalued by 7.75% compared to the current share price 25.80

Intrinsic Value of as of December 21, 2024 is: 35.90

Calculation basis:

Intrinsic 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 intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 21, 2024, is Undervalued by 39.15% compared to the current share price 25.80

Last 5 Year EPS CAGR: 29.15%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has shown consistent growth in sales (250.23 cr) and profit (4.46 cr) over the years.	The stock has a low average ROCE of 12.83%, which may not be favorable. The stock has a high average Working Capital Days of 64.75, which may not be favorable. The stock has a high average Cash Conversion Cycle of 74.00, which may not be favorable. The company has higher borrowings (42.38) compared to reserves (42.31), which may suggest financial risk.

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in :
1. Net Profit Margin: 1.98%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 25.56% (Industry Average ROCE: 10.24%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 10.19% (Industry Average ROE: 6.94%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 1.76
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.95
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 26.6 (Industry average Stock P/E: 22.15)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.65
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Century Extrusions Ltd. is a Public Limited Listed company incorporated on 02/02/1988 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L27203WB1988PLC043705 and registration number is 043705. Currently company belongs to the Industry of Aluminium - Extrusions. Company’s Total Operating Revenue is Rs. 322.46 Cr. and Equity Capital is Rs. 8.00 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Aluminium - Extrusions	113, Park Street, 'N' Block, 2nd Floor, Kolkata West Bengal 700016	century@centuryextrusions.com http://www.centuryextrusions.com

Management
Name	Position Held
Mr. Vikram Jhunjhunwala	Chairman & Managing Director
Mr. Deepankar Bose	Director
Mr. Arun Kumar Hajra	Director
Mrs. Suhita Mukhopadhyay	Director
Mr. Rajib Mazumdar	Director
Mr. Bishwanath Choudhary	Director
Ms. Dhwani Fatehpuria	Director
Mr. Sanjeev Kishore	Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 21 December 2024 is ₹27.80, which is 7.75% higher than the current market price of ₹25.80. The stock has a market capitalization of 207 Cr. and recorded a high/low of 32.4/16.9 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹70 Cr and total liabilities of ₹162 Cr.

What is the Market Cap of ?

The Market Cap of is 207 Cr..

What is the current Stock Price of as on 21 December 2024?

The current stock price of as on 21 December 2024 is 25.8.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 32.4/16.9.

What is the Stock P/E of ?

The Stock P/E of is 26.6.

What is the Book Value of ?

The Book Value of is 9.76.

What is the Dividend Yield of ?

The Dividend Yield of is 0.00 %.

What is the ROCE of ?

The ROCE of is 17.1 %.

What is the ROE of ?

The ROE of is 10.5 %.

What is the Face Value of ?

The Face Value of is 1.00.