Century Enka Limited · NSE:CENTENKA
Century Enka — Q4 FY2023 Earnings Presentation
17 slides from Century Enka's earnings presentation, May 20, 2023
Slide 1: Exchange filing cover letter for earnings presentation
20th May 2023 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: CENTENKA S
Slide 2: Century Enka Limited Earnings Presentation – Q4-FY23/FY23
Century Enka Limited Earnings Presentation – Q4-FY23/FY23
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 14,235 20.00% la
Slide 4: Q4-FY23/FY23 Financial Overview
Q4-FY23/FY23 FINANCIAL OVERVIEW
Slide 5: Q4-FY23/FY23 Financial Highlights
Q4-FY23/FY23 Financial Highlights Q4-FY23 Financial Performance INR 4,726 Mn INR 227 Mn 4.80% INR 145 Mn 3.07% INR 6.63 Revenue from Operations EBITDA EBITDA Margin Net Profit PAT Margin Basic/Diluted EPS (On FV of INR 10) FY23 Financial Performance INR 20,721 Mn INR 1,424 Mn 6.87% INR 903 Mn 4.36%
Slide 6: Business Performance
Business Performance Product wise Revenue (INR Mn) Volume Performance (MT) NTCF NFY Others 214 138 2,796 2,096 19,031 17,602 2,714 2,492 Q4-FY22 Q4-FY23 Q4-FY22 Q4-FY23 NTCF NFY Others 1,063 1,038 9,431 9,150 70,843 69,735 10,484 10,533 FY22 FY23 5
Slide 7: Q4-FY23 Operational Highlights
Q4-FY23 Operational Highlights Nylon Tyre Cord Fabric (NTCF) ➢ Subdued replacement demand and lower exports of tyres due to global slow down, impacted demand for NTCF. ➢ On positive side, OEM demand for Medium & Heavy Commercial Vehicle (MHCV) and Light Commercial Vehicle (LCV) tyres has been good.
Slide 8: CAPEX Update
CAPEX Update ➢ Cash outflow of Rs.2,389 million in FY-23 on ongoing Capex programmes ➢ Completed NTCF expansion in Q4-FY23 ➢ Polyester Tyre Cord Fabric (PTCF) capacities are expected to be commissioned in Q4 FY24 ➢ Expansion in NFY capacity is expected to be completed by Q4 FY24 ➢ 10.5 MW (Wind + So
Slide 9: Consolidated Quarterly Financial Performance
Consolidated Quarterly Financial Performance PARTICULARS (INR Mn) Q4-FY23 Q4-FY22 Y-o-Y Q3-FY23 Q-o-Q Revenue from Operations 4,726 5,724 (17.4)% 4,683 0.9% Total Expenses 4,499 5,043 (10.8)% 4,476 0.5% EBITDA 227 681 (66.7)% 207 9.7% EBITDA Margins (%) 4.80% 11.90% (710) Bps 4.42% 38 Bps Other Inco
Slide 10: Annual Consolidated Financial Performance
Annual Consolidated Financial Performance PARTICULARS (INR Mn) FY23 FY22 Y-o-Y Revenue from Operations 20,721 20,978 (1.2)% Total Expenses 19,297 18,335 5.2% EBITDA 1,424 2,643 (46.1)% EBITDA Margins (%) 6.87% 12.60% (573) Bps Other Income 190 206 (7.8)% Depreciation 412 396 4.0% Finance Cost 24 12
Slide 11: Historical Financial Overview
Historical Financial Overview
Slide 12: Consolidated Income Statement
Consolidated Income Statement PARTICULARS (INR Mn) FY20 FY21 FY22 FY23 Operational Revenue 14,235 12,228 20,978 20,721 Total Expenses 13,303 11,025 18,335 19,297 EBITDA 932 1,203 2,643 1,424 EBITDA Margins (%) 6.55% 9.84% 12.60% 6.87% Other Income 422 220 206 190 Depreciation 455 409 396 412 Finance
Slide 13: Consolidated Balance Sheet
Consolidated Balance Sheet PARTICULARS (INR MN) FY21 FY22 FY23 PARTICULARS (INR MN) FY21 FY22 FY23 ASSETS EQUITY & LIABILITIES Non-current Assets 5,197 5,968 8,022 Equity 10,889 12,507 13,217 (A) Property, Plant & Equipment 4,810 4,669 6,370 (A) Share Capital 219 219 219 (B) Other Equity 10,670 12,2
Slide 14: Financial Performance
Financial Performance Operational Income (INR Mn) EBITDA (INR Mn) & EBITDA Margins (%) PAT (INR Mn) and PAT Margins (%) 25.00% 2000 2,900 2,643 1,842 20.00% 25,000 20,978 1800 18.00% 20,721 2,400 20.00% 1600 16.00% 20,000 1400 14.00% 1,900 14,235 15.00% 1200 12.00% 12,228 15,000 1,424 955 1,203 1000
Slide 15: Capital Market Information
Capital Market Information Share Price Performance Dividend (INR/share) 20% 12 10% 10.00 10.00 10 0% 8.00 8.00 8 -10% 6 -20% 4 -30% 2 -40% 0 -50% FY20 FY21 FY22 FY23 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Century Enka Sensex Shareholding Pattern (As on 31
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