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Last Updated on: 21 July, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Fundamental Analysis of Century Textiles & Industries Ltd

About the Company - Century Textiles & Industries Ltd

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.
INDUSTRYADDRESSCONTACT
Paper & Paper ProductsCentury Bhavan, Dr. Annie Besant Road, Mumbai Maharashtra 400030ctil.secretary@adityabirla.com
http://www.centurytextind.com
Management
NamePosition Held
Mr. Kumar Mangalam BirlaChairman
Mr. R K DalmiaManaging Director
Mrs. Rajashree BirlaNon Executive Director
Mr. Rajan A DalalIndependent Director
Mr. Sohanlal K JainIndependent Director
Mr. Yazdi P DandiwalaIndependent Director
Ms. Preeti VyasIndependent Director

Basic Stock Data of Century Textiles & Industries Ltd

Last Updated: July 20, 2024, 11:17 pm

Market Cap 24,417 Cr.
Current Price 2,186
High / Low2,420/936
Stock P/E214
Book Value 356
Dividend Yield0.23 %
ROCE8.31 %
ROE1.29 %
Face Value 10.0
PEG Ratio-10.55

Data Source: screener.in

Competitors of Century Textiles & Industries Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Betex India Ltd 38.6 Cr. 257353/12111.6 2140.00 %17.3 %11.0 % 10.0
Morarjee Textiles Ltd 47.2 Cr. 13.032.8/11.4 94.60.00 %21.8 %% 7.00
GTN Textiles Ltd 15.1 Cr. 13.015.8/10.0 12.80.00 %0.00 %0.00 % 10.0
AKM Creations Ltd 161 Cr. 123130/0.00617 17.60.00 %1.57 %1.78 % 10.0
Bhilwara Technical Textiles Ltd 260 Cr. 44.558.8/15.120.2 28.30.00 %8.35 %8.13 % 1.00
Industry Average880.82 Cr115.1260.3349.690.11%9.38%38.96%7.47

Century Textiles & Industries Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales7708398421,0141,0651,2111,1901,2331,1691,2091,1171,1031,272
Expenses7007697399029651,0851,0511,0541,0821,0889961,0751,100
Operating Profit70701031121001251391798712112128172
OPM %9%8%12%11%9%10%12%14%7%10%11%3%13%
Other Income3351033584104144-561226
Interest16161312121511151314131716
Depreciation58585758595756575757585961
Profit before tax292437434627611621193-7-36121
Tax %-8%725%51%40%64%-37%40%40%68%26%-8%9%34%
Net Profit31-102144128445707142-7-3380
EPS in Rs2.87-0.751.934.001.277.714.156.410.7813.01-0.53-2.737.46

Last Updated: July 11, 2024, 10:48 am

Century Textiles & Industries Ltd Quarterly Chart

Century Textiles & Industries Ltd Profit & Loss

Last Updated: July 10, 2024, 4:03 pm

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales7,6453,8983,9443,4232,6174,1314,8004,598
Expenses6,7213,0922,9922,8732,4113,6874,2744,241
Operating Profit924805951550205444525357
OPM %12%21%24%16%8%11%11%8%
Other Income621385,673326251162104
Interest5512121028771525457
Depreciation313199193229231231227232
Profit before tax1225326,330267-35212406172
Tax %14%30%4%-35%4%24%35%
Net Profit1053726,063360-34162265109
EPS in Rs9.4033.27542.8132.70-2.7314.9124.3410.53
Dividend Payout %59%20%1%9%-37%27%21%

Century Textiles & Industries Ltd Profit & Loss Yearly Chart

Century Textiles & Industries Ltd 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:23%
5 Years:40%
3 Years:46%
1 Year:140%
Return on Equity
10 Years:%
5 Years:4%
3 Years:3%
Last Year:1%

Last Updated: July 17, 2024, 5:52 pm

Century Textiles & Industries Ltd Balance Sheet

Last Updated: July 10, 2024, 4:03 pm

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital112112112112112112112112
Reserves2,3702,6363,1823,3683,3933,6073,7753,650
Borrowings5,7004,3691,0201,4001,0491,3361,0592,259
Other Liabilities2,1543,2141,8611,8682,1412,6843,4654,252
Total Liabilities10,33610,3316,1756,7476,6937,7398,41110,272
Fixed Assets7,3097,2564,4304,2934,1394,0593,9163,885
CWIP343527517621021122690
Investments258223183107238409228480
Other Assets2,7342,8171,2872,1712,1063,0604,0415,818
Total Assets10,33610,3316,1756,7476,6937,7398,41110,272

Century Textiles & Industries Ltd Reserves and Borrowings Chart

Century Textiles & Industries Ltd Cash Flow

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity 9402,209548-23566-51271-315
Cash from Investing Activity -247-195-123-241-92-176138-524
Cash from Financing Activity -175-1,795-677392-471207-5531,272
Net Cash Flow518219-2531284-21-144433

Century Textiles & Industries Ltd Financial Efficiency Indicators

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days2439191922191213
Inventory Days232328174362486429523657
Days Payable129190130133200158126104
Cash Conversion Cycle12617864248308290409566
Working Capital Days-33-45-0-12557879182
ROCE %10%112%8%1%5%6%

Century Textiles & Industries Ltd Financial Efficiency Indicators Chart

Century Textiles & Industries Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters50.21%50.21%50.21%50.21%50.21%50.21%50.21%50.21%50.21%50.21%50.21%50.21%
FIIs10.59%9.74%9.51%8.86%7.44%7.32%7.87%7.91%7.72%7.92%8.07%6.64%
DIIs11.22%11.89%13.74%14.64%15.12%15.46%15.54%15.98%16.06%16.07%15.24%16.10%
Public27.98%28.16%26.55%26.29%27.23%27.01%26.38%25.89%26.00%25.82%25.36%25.93%
Others0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%1.12%1.12%
No. of Shareholders82,82575,31369,54273,79674,20775,61474,48472,58773,36872,93873,78972,014

Century Textiles & Industries Ltd Shareholding Pattern Chart

No. of Century Textiles & Industries Ltd Shareholders

Century Textiles & Industries Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Aditya Birla Sun Life Flexi Cap Fund2,669,7711.86337.391,286,5132024-07-20107.52%
Nippon India Small Cap Fund2,167,4900.67273.921,286,5132024-07-2068.48%
Quant Small Cap Fund1,603,8771.81202.691,286,5132024-07-2024.67%
Canara Robeco Emerging Equities1,389,5960.93175.611,286,5132024-07-208.01%
HSBC Small Cap Fund - Regular Plan1,286,5131.27162.581,286,5132024-07-200%
Invesco India Contra Fund1,039,5781.09131.381,286,5132024-07-20-19.19%
Canara Robeco Small Cap Fund927,0221.36117.151,286,5132024-07-20-27.94%
Aditya Birla Sun Life ELSS Tax Saver Fund894,9450.79113.11,286,5132024-07-20-30.44%
Mahindra Manulife Small Cap Fund586,4292.974.111,286,5132024-07-20-54.42%
HSBC Value Fund583,3300.7373.721,286,5132024-07-20-54.66%

Century Textiles & Industries Ltd ROCE Trend

Century Textiles & Industries Ltd EPS Trend

Century Textiles & Industries Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)4.5724.3414.91-2.7332.70
Diluted EPS (Rs.)4.5624.3414.91-2.7332.70
Cash EPS (Rs.)26.2044.1835.1417.6852.74
Book Value[Excl.RevalReserv]/Share (Rs.)366.61361.62347.11326.56323.36
Book Value[Incl.RevalReserv]/Share (Rs.)366.61361.62347.11326.56323.36
Revenue From Operations / Share (Rs.)404.11429.73369.86234.27306.51
PBDIT / Share (Rs.)64.2549.6843.6525.5553.73
PBIT / Share (Rs.)45.4729.3523.004.8533.26
PBT / Share (Rs.)42.2836.5418.33-1.4825.46
Net Profit / Share (Rs.)7.4123.8514.49-3.0132.27
NP After MI And SOA / Share (Rs.)4.5224.3414.91-2.7332.70
PBDIT Margin (%)15.9011.5611.8010.9017.52
PBIT Margin (%)11.256.826.212.0710.85
PBT Margin (%)10.468.504.95-0.638.30
Net Profit Margin (%)1.835.553.91-1.2810.52
NP After MI And SOA Margin (%)1.115.664.03-1.1610.66
Return on Networth / Equity (%)1.266.994.47-0.8610.49
Return on Capital Employeed (%)7.246.465.241.047.63
Return On Assets (%)0.483.212.15-0.455.41
Long Term Debt / Equity (X)0.590.100.100.240.15
Total Debt / Equity (X)0.620.260.350.240.16
Asset Turnover Ratio (%)0.470.630.590.390.53
Current Ratio (X)1.721.161.071.340.95
Quick Ratio (X)0.360.190.240.320.24
Inventory Turnover Ratio (X)0.531.331.581.212.22
Dividend Payout Ratio (NP) (%)0.0016.436.70-110.0822.93
Dividend Payout Ratio (CP) (%)0.008.952.8116.6914.10
Earning Retention Ratio (%)0.0083.5793.30210.0877.07
Cash Earning Retention Ratio (%)0.0091.0597.1983.3185.90
Interest Coverage Ratio (X)20.2110.309.344.046.89
Interest Coverage Ratio (Post Tax) (X)10.223.453.960.785.34
Enterprise Value (Cr.)20449.158120.4010890.366081.783900.29
EV / Net Operating Revenue (X)4.531.692.642.321.14
EV / EBITDA (X)28.4914.6422.3421.326.50
MarketCap / Net Operating Revenue (X)4.041.482.311.980.96
Retention Ratios (%)0.0083.5693.29210.0877.06
Price / BV (X)4.581.822.561.480.94
Price / Net Operating Revenue (X)4.041.482.311.980.96
EarningsYield0.000.030.01-0.010.11

Century Textiles & Industries Ltd Profitability Ratios (%)

Century Textiles & Industries Ltd Liquidity Ratios

Century Textiles & Industries Ltd Liquidity Ratios (%)

Century Textiles & Industries Ltd Interest Coverage Ratios (%)

Century Textiles & Industries Ltd Valuation Ratios

Fair Value

Fair Value: 985.03

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.

Overvalued: 54.94% compared to the current price 2186

Intrinsic Value: 785.29

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.

Overvalued: 64.08% compared to the current price 2186

Last 5 Year EPS CAGR: -20.28%

*Investments are subject to market risks

Strength and Weakness of Century Textiles & Industries Ltd Stock

StrengthWeakness
  1. The stock has a high average ROCE of 17.75%, which is a positive sign.
  2. The company has higher reserves (3,274.75 cr) compared to borrowings (2,304.38 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (3.75 cr) and profit (210.25 cr) over the years.
  1. The stock has a high average Working Capital Days of 38.00, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 273.63, which may not be favorable.

FAQ

What is the latest fair value of Century Textiles & Industries Ltd?

The latest fair value of Century Textiles & Industries Ltd is ₹985.03.

What is the Market Cap of Century Textiles & Industries Ltd?

The Market Cap of Century Textiles & Industries Ltd is 24,417 Cr..

What is the current Stock Price of Century Textiles & Industries Ltd as on 21 July 2024?

The current stock price of Century Textiles & Industries Ltd as on 21 July 2024 is 2,186.

What is the High / Low of Century Textiles & Industries Ltd stocks in FY 2024?

In FY 2024, the High / Low of Century Textiles & Industries Ltd stocks is 2,420/936.

What is the Stock P/E of Century Textiles & Industries Ltd?

The Stock P/E of Century Textiles & Industries Ltd is 214.

What is the Book Value of Century Textiles & Industries Ltd?

The Book Value of Century Textiles & Industries Ltd is 356.

What is the Dividend Yield of Century Textiles & Industries Ltd?

The Dividend Yield of Century Textiles & Industries Ltd is 0.23 %.

What is the ROCE of Century Textiles & Industries Ltd?

The ROCE of Century Textiles & Industries Ltd is 8.31 %.

What is the ROE of Century Textiles & Industries Ltd?

The ROE of Century Textiles & Industries Ltd is 1.29 %.

What is the Face Value of Century Textiles & Industries Ltd?

The Face Value of Century Textiles & Industries 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 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