Century Textiles & Industries Ltd Quarterly Results
Month
Dec 2020
Mar 2021
Jun 2021
Sep 2021
Dec 2021
Mar 2022
Jun 2022
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Dec 2023
Sales
770
839
842
1,014
1,065
1,211
1,190
1,233
1,169
1,209
1,117
1,103
1,272
Expenses
700
769
739
902
965
1,085
1,051
1,054
1,082
1,088
996
1,075
1,100
Operating Profit
70
70
103
112
100
125
139
179
87
121
121
28
172
OPM %
9%
8%
12%
11%
9%
10%
12%
14%
7%
10%
11%
3%
13%
Other Income
33
5
10
33
5
8
4
10
4
144
-56
12
26
Interest
16
16
13
12
12
15
11
15
13
14
13
17
16
Depreciation
58
58
57
58
59
57
56
57
57
57
58
59
61
Profit before tax
29
2
43
74
34
62
76
116
21
193
-7
-36
121
Tax %
-8%
725%
51%
40%
64%
-37%
40%
40%
68%
26%
-8%
9%
34%
Net Profit
31
-10
21
44
12
84
45
70
7
142
-7
-33
80
EPS in Rs
2.87
-0.75
1.93
4.00
1.27
7.71
4.15
6.41
0.78
13.01
-0.53
-2.73
7.46
Last Updated: July 11, 2024, 10:48 am
Quarterly Chart
Profit & Loss - Annual Report
Last Updated: August 9, 2024, 6:34 pm
Month
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
TTM
Sales
7,645
3,898
3,944
3,423
2,617
4,131
4,800
4,598
Expenses
6,721
3,092
2,992
2,873
2,411
3,687
4,274
4,241
Operating Profit
924
805
951
550
205
444
525
357
OPM %
12%
21%
24%
16%
8%
11%
11%
8%
Other Income
62
138
5,673
32
62
51
162
104
Interest
551
212
102
87
71
52
54
57
Depreciation
313
199
193
229
231
231
227
232
Profit before tax
122
532
6,330
267
-35
212
406
172
Tax %
14%
30%
4%
-35%
4%
24%
35%
Net Profit
105
372
6,063
360
-34
162
265
109
EPS in Rs
9.40
33.27
542.81
32.70
-2.73
14.91
24.34
10.53
Dividend Payout %
59%
20%
1%
9%
-37%
27%
21%
Profit & Loss Yearly Chart
YoY Net Profit Growth
Year
2017-2018
2018-2019
2019-2020
2020-2021
2021-2022
2022-2023
YoY Net Profit Growth (%)
254.29%
1529.84%
-94.06%
-109.44%
576.47%
63.58%
Change in YoY Net Profit Growth (%)
0.00%
1275.55%
-1623.90%
-15.38%
685.92%
-512.89%
Growth
Compounded Sales Growth
10 Years:
%
5 Years:
3%
3 Years:
20%
TTM:
17%
Compounded Profit Growth
10 Years:
%
5 Years:
-62%
3 Years:
54%
TTM:
-40%
Stock Price CAGR
10 Years:
24%
5 Years:
43%
3 Years:
46%
1 Year:
134%
Return on Equity
10 Years:
%
5 Years:
4%
3 Years:
3%
Last Year:
1%
Last Updated: August 24, 2024, 6:10 pm
Balance Sheet
Last Updated: August 9, 2024, 6:34 pm
Month
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
Borrowings
5,700
4,369
1,020
1,400
1,049
1,336
1,059
2,502
Other Liabilities
2,154
3,214
1,861
1,868
2,141
2,684
3,465
4,018
Total Liabilities
10,336
10,331
6,175
6,747
6,693
7,739
8,411
10,499
Fixed Assets
7,309
7,256
4,430
4,293
4,139
4,059
3,952
3,734
CWIP
34
35
275
176
210
211
190
58
Investments
258
223
183
107
238
409
228
692
Other Assets
2,734
2,817
1,287
2,171
2,106
3,060
4,041
6,015
Total Assets
10,336
10,331
6,175
6,747
6,693
7,739
8,411
10,499
Reserves and Borrowings Chart
Cash Flow
Month
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Cash from Operating ActivityÂ
940
2,209
548
-23
566
-51
271
-315
Cash from Investing ActivityÂ
-247
-195
-123
-241
-92
-176
138
-524
Cash from Financing ActivityÂ
-175
-1,795
-677
392
-471
207
-553
1,272
Net Cash Flow
518
219
-253
128
4
-21
-144
433
Free Cash Flow
Month
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Free Cash Flow
919.00
801.00
950.00
549.00
204.00
443.00
524.00
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.
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.
Overvalued: 55.09% compared to the current price ₹2,408.00
Intrinsic Value: 862.17
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 intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.
Overvalued: 64.20% compared to the current price ₹2,408.00
Last 5 Year EPS CAGR: -20.28%
*Investments are subject to market risks
Strength and Weakness
Strength
Weakness
The stock has a high average ROCE of 19.00%, which is a positive sign.
The company has higher reserves (3,274.75 cr) compared to borrowings (2,304.38 cr), indicating strong financial stability.
The company has shown consistent growth in sales (3.75 cr) and profit (210.25 cr) over the years.
The stock has a high average Working Capital Days of 37.13, which may not be favorable.
The stock has a high average Cash Conversion Cycle of 326.25, which may not be favorable.
Stock Analysis
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 Century Textiles & Industries Ltd:
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.
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.
ROE%: 1.26% (Industry Average ROE: 13.73%)
ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
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.
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.
Stock P/E: 235 (Industry average Stock P/E: 30.08)
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.
Total Debt / Equity: 0.62
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 Textiles & Industries Ltd. is a Public Limited Listed company incorporated on 20/10/1897 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L17120MH1897PLC000163 and registration number is 000163. Currently Company is involved in the business activities of Weaving, manufacture of cotton and cotton mixture fabrics.. Company’s Total Operating Revenue is Rs. 4129.37 Cr. and Equity Capital is Rs. 111.69 Cr. for the Year ended 31/03/2022.
INDUSTRY
ADDRESS
CONTACT
Paper & Paper Products
Century Bhavan, Dr. Annie Besant Road, Mumbai Maharashtra 400030
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 Textiles & Industries 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
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