Century Enka Limited · NSE:CENTENKA
Century Enka — Q4 FY2024 Earnings Presentation
17 slides from Century Enka's earnings presentation, May 17, 2024
Slide 1: Exchange filing cover letter for earnings presentation
17 th May 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: CENTENKA
Slide 2: Century Enka Limited Earnings Presentation Q4-FY24/FY24
Century Enka Limited Earnings Presentation – Q4-FY24/-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 17,442 25.00% • The company has grown to become one of the 20.00% la
Slide 4: Q4-FY24/FY24 Financial Overview
Q4-FY24/FY24 FINANCIAL OVERVIEW
Slide 5: Q4-FY24 Financial Highlights
Q4-FY24 Financial Highlights Q4-FY24 Financial Performance INR 4,687 Mn INR 338 Mn 7.21% INR 203 Mn 4.33% INR 9.28 Revenue from Basic/Diluted EPS Operations EBITDA EBITDA Margin Net Profit PAT Margin (On FV of INR 10) FY24 Financial Performance FY23 Financial Performance INR 17,442 Mn INR 828 Mn 4.7
Slide 6: Business Performance
Business Performance Product wise Revenue (INR Mn) Volume Performance (MT) NTCF NFY Others 138 142 2,096 2,383 17,602 18,049 2,492 2,161 Q4-FY23 Q4-FY24 Q4-FY23 Q4-FY24 FY23 Financial Performance NTCF NFY Others 1,038 671 69,735 67,770 9,150 8,504 10,533 8,267 FY23 FY24 FY23 FY24 5
Slide 7: Q4-FY24 Operational Highlights
Q4-FY24 Operational Highlights Nylon Tyre Cord Fabric (NTCF) Encouraging improvement in demand for 2 Wheeler Tyres. Demand for commercial vehicle tyres remained flat while that for tractor tyres degrow due to subpar monsoon. Overall NTCF demand in India seeing some improvement but growth remains
Slide 8: CAPEX Update
CAPEX Update Cash outflow of INR 1,150 million in FY24 on ongoing Capex programmes Spinning Capacities for Polyester Yarn for Polyester Tyre Cord Fabric (PTCF) commissioned in Mar-24. With this, all the major CAPEX's currently undertaken are complete We will now start process for approval of
Slide 9: Consolidated Quarterly Financial Performance
Consolidated Quarterly Financial Performance PARTICULARS (INR Mn) Q4-FY24 Q4-FY23 Y-o-Y Q3-FY24 Q-o-Q Revenue from Operations 4,687 4,726 (0.8)% 4,506 4.0% Total Expenses 4,349 4,499 (3.3)% 4,322 0.6% EBITDA 338 227 48.9% 184 83.7% EBITDA Margins (%) 7.21% 4.80% 241 bps 4.08% 313 bps Other Income 72
Slide 10: Annual Consolidated Financial Performance
Annual Consolidated Financial Performance PARTICULARS (INR Mn) FY24 FY23 Y-o-Y Revenue from Operations 17,442 20,721 (15.8)% Total Expenses 16,614 19,297 (13.9)% EBITDA 828 1,424 (41.9)% EBITDA Margins (%) 4.75% 6.87% (212) bps Other Income 335 190 76.3% Depreciation 503 412 22.1% Finance Cost 54 24
Slide 11: Historical Financial Overview
Historical Financial Overview
Slide 12: Consolidated Income Statement
Consolidated Income Statement PARTICULARS (INR Mn) FY21 FY22 FY23 FY24 Operational Revenue 12,228 20,978 20,721 17,442 Total Expenses 11,025 18,335 19,297 16,614 EBITDA 1,203 2,643 1,424 828 EBITDA Margins (%) 9.84% 12.60% 6.87% 4.75% Other Income 220 206 190 335 Depreciation 409 396 412 503 Finance
Slide 13: Consolidated Balance Sheet
Consolidated Balance Sheet PARTICULARS (INR MN) FY22 FY23 FY24 PARTICULARS (INR MN) FY22 FY23 FY24 ASSETS EQUITY & LIABILITIES Non-current Assets 5,968 8,022 8,897 Equity 12,507 13,217 13,644 (A) Property, Plant & Equipment 4,669 6,370 7,994 (A) Share Capital 219 219 219 (B) Other Equity 12,288 12,9
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 2,000 1,842 20.00% 20,978 20,721 1,800 18.00% 2,400 20.00% 1,600 16.00% 17,442 20,000 1,400 14.00% 1,900 15,000 15.00% 1,200 12.00% 12,228 1,424 1,400 1,2
Slide 15: Capital Market Information
Capital Market Information Share Price Performance Dividend (INR/share) 40% 12 35% 10.00 10.00 10.00 30% 10 8.00 25% 8 20% 6 15% 10% 4 5% 2 0% 0 -5% FY21 FY22 FY23 FY24 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Century Enka Sensex Shareholding Pattern (As on
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