Century Enka Limited · NSE:CENTENKA
Century Enka — Q3 FY2024 Earnings Presentation
17 slides from Century Enka's earnings presentation, Jan 24, 2024
Slide 1: Earnings Presentation filing letter to stock exchanges
24th January 2024 Listing Department Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Plot No. C/1, 25th Floor, Phiroze Jeejeebhoy Towers, G-Block Bandra Kurla Complex, Dalal Street, Fort, Mumbai - 400001 Bandra (East), Mumbai - 400051 Symbol: CENTEN
Slide 2: Century Enka Limited Earnings Presentation – Q3/9M-FY24
Century Enka Limited Earnings Presentation – Q3/9M-FY24
Slide 3: Company Overview
Company Overview Operational Revenue (INR Mn) & • Century Enka Limited was established in 1965 by EBITDA Margins (%) Late Shri B. K. Birla in collaboration with AKZO 25,000 30.00% Nobel of Netherlands. 2 Plants 20,000 20,978 20,721 25.00% • The company has grown to become one of the 20.00% largest p
Slide 4: Q3/9M-FY24 Financial Overview
Q3/9M-FY24 FINANCIAL OVERVIEW
Slide 5: Q3/9M-FY24 Financial Highlights
Q3/9M-FY24 Financial Highlights Q3-FY24 Financial Performance INR 4,506 Mn INR 184 Mn 4.08% INR 47 Mn 1.04% INR 2.14 Revenue from Basic/Diluted EPS Operations EBITDA EBITDA Margin Net Profit PAT Margin (On FV of INR 10) 9M-FY24 Financial Performance FY23 Financial Performance INR 12,755 Mn INR 491Mn
Slide 6: Business Performance
Business Performance Product wise Revenue (INR Mn) Volume Performance (MT) NTCF NFY Others 266 177 1,891 2,082 16,435 17,482 2,526 2,247 Q3-FY23 Q3-FY24 Q3-FY23 Q3-FY24 FY23 Financial Performance NTCF NFY Others 944 529 52,133 49,721 6,917 6,121 8,133 6,105 9M-FY23 9M-FY24 9M-FY23 9M-FY24 5
Slide 7: Q3/9M-FY24 Operational Highlights
Q3/9M-FY24 Operational Highlights Nylon Tyre Cord Fabric (NTCF) Improvement in NTCF demand on QoQ basis, Improvement in 2 Wheelers sales is encouraging but still trails pre-covid levels. NTCF demand continues to be subdued in India; Lower exports of Tyres especially to Europe Increasing tren
Slide 8: CAPEX Update
CAPEX Update Cash outflow of INR 1,025 million in 9M-FY24 on ongoing Capex programmes Polyester Tyre Cord Fabric (PTCF) capacities are expected to be commissioned in Q4- FY24 Expansion in NFY capacity commissioned ahead of schedule in Q3-FY24 8
Slide 9: Consolidated Quarterly Financial Performance
Consolidated Quarterly Financial Performance PARTICULARS (INR Mn) Q3-FY24 Q3-FY23 Y-o-Y Q2-FY24 Q-o-Q Revenue from Operations 4,506 4,683 (3.8)% 3,964 13.7% Total Expenses 4,322 4,476 (3.4)% 3,871 11.7% EBITDA 184 207 (11.1)% 93 97.8% EBITDA Margins (%) 4.08% 4.42% (34) bps 2.35% 173 bps Other Incom
Slide 10: YTD Consolidated Financial Performance
YTD Consolidated Financial Performance PARTICULARS (INR Mn) 9M-FY24 9M-FY23 Y-o-Y Revenue from Operations 12,755 15,994 (20.3)% Total Expenses 12,264 14,797 (17.1)% EBITDA 491 1,197 (59.0)% EBITDA Margins (%) 3.85% 7.48% (363) bps Other Income 263 119 NA Depreciation 372 296 25.7% Finance Cost 40 11
Slide 11: Historical Financial Overview
Historical Financial Overview
Slide 12: Consolidated Income Statement
Consolidated Income Statement PARTICULARS (INR Mn) FY21 FY22 FY23 9M-FY24 Operational Revenue 12,228 20,978 20,721 12,755 Total Expenses 11,025 18,335 19,297 12,264 EBITDA 1,203 2,643 1,424 491 EBITDA Margins (%) 9.84% 12.60% 6.87% 3.85% Other Income 220 206 190 263 Depreciation 409 396 412 372 Fina
Slide 13: Consolidated Balance Sheet
Consolidated Balance Sheet PARTICULARS (INR MN) FY22 FY23 H1-FY24 PARTICULARS (INR MN) FY22 FY23 H1-FY24 ASSETS EQUITY & LIABILITIES Non-current Assets 5,968 8,022 8,471 Equity 12,507 13,217 13,230 (A) Property, Plant & Equipment 4,669 6,370 7,153 (A) Share Capital 219 219 219 (B) Other Equity 12,28
Slide 14: Financial Performance
Financial Performance Operational Income (INR Mn) EBITDA (INR Mn) & EBITDA Margins (%) PAT (INR Mn) and PAT Margins (%) 2,900 25.00% 25,000 2,643 2000 1842 20.00% 20,978 20,721 1800 18.00% 2,400 20.00% 1600 16.00% 20,000 1400 14.00% 1,900 15,000 15.00% 1200 12.00% 12,228 12,755 1,424 1,400 1,203 100
Slide 15: Capital Market Information
Capital Market Information Share Price Performance Dividend (INR/share) 25% 12 20% 10.00 10.00 15% 10 8.00 8.00 10% 8 5% 0% 6 -5% 4 -10% -15% 2 -20% 0 -25% FY20 FY21 FY22 FY23 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Century Enka Sensex Shareholding Pattern
Slide 16: Disclaimer
Disclaimer No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the d
Slide 17: Thank You
Thank You