NSE: CENTENKA · BSE: 500280
CENTURY ENKA LTD
Manufactures nylon tyre cord fabric (NTCF) and nylon filament yarn (NFY) at Pune and Bharuch plants, selling primarily to tyre makers and textile customers. In Q1 FY27, NTCF sales stood at Rs 306 cr and filament yarn at Rs 230 cr, on a total volume of 19,199 MT (+12% YoY) against an installed capacity of 92,000 MTPA. The product line is being extended to polyester tyre cord fabric (PTCF), with commercial sales planned for H2 FY27, and a mother yarn capacity addition of 3,000-4,000 MTPA is targeted for FY28. Raw materials account for 58.1% of revenue and are the largest cost line, reflecting the petro-based nature of nylon and polyester feedstock. Power is sourced partly from renewables, with a renewable share of 57% in FY26 expected to rise to around 50% once a 10-10.5 MW wind-solar hybrid project at Bharuch commissions in Q3 FY27. FY27 capex is guided above Rs 100 cr. The company is part of the Aditya Birla Group. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Nylon Tyre Cord Fabric (NTCF), Nylon Filament Yarn (NFY), Polyester Tyre Cord Fabric (PTCF), Recycled yarn (Neunyl). Cyclical, petrochemical-input based textile manufacturer with two main yarn/fabric lines and an emerging PTCF line
Exhibit 1: Financial summary, FY23–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | 2,072 | 1,744 | 2,002 | 1,705 |
| EBITDA (ex other income) | 142 | 83 | 115 | 146 |
| margin % | 6.9 | 4.7 | 5.7 | 8.6 |
| Owners' profit | 90 | 43 | 0 | 101 |
| EPS, as reported (₹) | 41.34 | 19.56 | 30.42 | 46.15 |
| ROE % · ROCE % | 6.8 · 8.2 | 3.1 · 4.4 | 4.7 · 6.2 | 6.7 · 8.1 |
| Debt / equity (x) | 0.05 | 0.04 | 0.02 | 0.01 |
| Cash from operations | 219 | 88 | 118 | 125 |
| Capex | (239) | (115) | (51) | (37) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 536 | 493 | 444 | 402 | 409 | 412 | 484 | 554 |
| Profit before tax | 30 | 19 | 9 | 19 | 26 | 32 | 53 | 79 |
| Net profit | 21 | 14 | 7 | 15 | 22 | 24 | 39 | 62 |
| EPS (₹) | 9.79 | 6.40 | 3.09 | 7.04 | 10.22 | 10.86 | 18.03 | 28.24 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| KPR MILL LTD. | 35,410 | 38.8 | 6.21 | 25.6 | 15.2 | 19.3 | 13.5 | 21.2 |
| WELSPUN LIVING LIMITED | 20,311 | 73.9 | 4.08 | 26.1 | 4.3 | 4.0 | 5.1 | 12.7 |
| VARDHMAN TEXTILES LIMITED | 14,333 | 16.6 | 1.35 | 11.0 | 7.1 | 7.4 | 10.0 | 20.4 |
| TRIDENT LIMITED | 11,018 | 27.7 | 2.31 | 13.5 | 7.9 | 8.6 | 8.1 | 17.7 |
| INDO COUNT INDUSTRIES LTD | 8,338 | 55.3 | 3.54 | 20.1 | 5.4 | 5.4 | 10.5 | 13.3 |
| GARWARE TECH FIBRES LTD | 7,621 | 36.8 | 5.63 | 23.8 | 14.7 | 18.7 | 8.1 | 20.5 |
| FILATEX INDIA LTD | 4,197 | 22.0 | 2.79 | 11.5 | 12.2 | 13.8 | — | 7.6 |
| SANATHAN TEXTILES LIMITED | 4,161 | 68.6 | 2.22 | 18.6 | 4.1 | 3.5 | — | 8.4 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 6.9 | 16.5 | 25 of 179 | 87% |
| P/B | 0.7 | 1.1 | 53 of 185 | 71% |
| ROCE | 7.9 | 4.3 | 71 of 215 | 67% |
| ROE | 6.7 | 4.7 | 74 of 188 | 61% |
| Debt / Equity | 0.0 | 0.4 | 33 of 188 | 83% |
| EBITDA margin | 17.0 | 9.8 | 45 of 198 | 78% |
| Revenue growth | 38.0 | 6.9 | 40 of 192 | 80% |
| Profit growth | 301.2 | 20.0 | 23 of 203 | 89% |
| Market cap | 1011 | 59 | 26 of 223 | 89% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 27 Oct 2026 · Century Enka revenue rises 37%, half-year profit doubles, cash flow turns negative | results | high | — | — |
| 17 Oct 2026 · Century Enka to host Q2/H1 FY27 earnings call on 28 October 2026 | board shareholder meetings | low | — | — |
| 17 Oct 2026 · Board meeting on 27 Oct 2026 to consider Q2 and H1 FY26 results | results | low | — | — |
| 10 Oct 2026 · Confirmation Certificate from Registrar for Q2 FY26 | compliance | minimal | — | — |
| 24 Sept 2026 · Trading window closed from Oct 1 ahead of Q2 results | compliance | minimal | — | — |
| 20 Aug 2026 · Century Enka AGM Results: All 6 Resolutions Passed, Dividend Declared | compliance | minimal | — | — |
| 20 Aug 2026 · Century Enka: New auditor appointed, MD and CEO re-appointed at AGM | management changes | medium | — | — |
| 20 Aug 2026 · Century Enka gets new auditor, re-appoints CEO and director at AGM | management changes | medium | — | — |
| 20 Aug 2026 · New auditor appointed; CEO and director re-appointed at AGM | management changes | high | — | — |
| 20 Aug 2026 · Century Enka 60th AGM: All six resolutions passed by shareholders | board shareholder meetings | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.