Century Enka Limited · NSE:CENTENKA
Century Enka — Q3 FY2023 Earnings Presentation
17 slides from Century Enka's earnings presentation, Feb 9, 2023
Slide 1: Earnings Presentation Cover Letter to Stock Exchanges
9th February 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: CENTEN
Slide 2: Century Enka Limited Earnings Presentation – Q3/9M-FY23
Century Enka Limited Earnings Presentation – Q3/9M-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 25.00% • The company has grown to become one of the 14,235 15,994 20.00% la
Slide 4: Q3/9M-FY23 Financial Overview
Q3/9M-FY23 FINANCIAL OVERVIEW
Slide 5: Q3/9M-FY23 Financial Highlights
Q3/9M-FY23 Financial Highlights Q3-FY23 Financial Performance INR 4,683 Mn INR 207 Mn 4.42% INR 100 Mn 2.13% INR 4.56 Revenue from Operations EBITDA EBITDA Margin Net Profit PAT Margin Basic/Diluted EPS (On FV of INR 10) 9M-FY23 Financial Performance INR 15,994 Mn INR 1,197 Mn 7.48% INR 758 Mn 4.74
Slide 6: Business Performance
Business Performance Product wise Revenue (INR Mn) Volume Performance (MT) NTCF NFY Others 394 266 2,691 1,891 18,036 16,435 2,549 2,526 Q3-FY22 Q3-FY23 Q3-FY22 Q3-FY23 NTCF NFY Others 849 944 6,636 6,917 51,812 52,133 7,770 8,133 9M-FY22 9M-FY23 9M-FY22 9M-FY23 5
Slide 7: Q3-FY23 Operational Highlights
Q3-FY23 Operational Highlights Nylon Tyre Cord Fabric (NTCF) Moderation in replacement demand and lower exports of tyres due to global slowdown, impacted demand for NTCF Steep correction in Chinese NTCF prices and elevated levels of power and fuel prices has impacted NTCF margin Improvement in
Slide 8: CAPEX Update
CAPEX Update All Capex approved by the Board are broadly on schedule Cash outflow of INR 2,190 Mn in 9M-FY23 Target commissioning for NTCF expansion by Q4-FY23. Target commissioning of full capacity of Polyester Tyre Cord Fabric (PTCF) by Q4-FY24 Expansion in NFY capacity to be completed b
Slide 9: Consolidated Quarterly Financial Performance
Consolidated Quarterly Financial Performance PARTICULARS (INR Mn) Q3-FY23 Q3-FY22 Y-o-Y Q2-FY23 Q-o-Q Revenue from Operations 4,683 5,634 (16.9)% 5,634 (16.9)% Total Expenses 4,476 4,876 (8.2)% 5,255 (14.8)% EBITDA 207 758 (72.7)% 379 (45.3)% EBITDA Margins (%) 4.42% 13.45% (903) Bps 6.73% (231) Bps
Slide 10: YTD Consolidated Financial Performance
YTD Consolidated Financial Performance PARTICULARS (INR Mn) 9M-FY23 9M-FY22 Y-o-Y Revenue from Operations 15,994 15,254 4.9% Total Expenses 14,797 13,291 11.3% EBITDA 1,197 1,963 (39.0)% EBITDA Margins (%) 7.48% 12.87% (539) Bps Other Income 119 158 (24.7)% Depreciation 296 292 1.4% Finance Cost 11
Slide 11: Historical Financial Overview
Historical Financial Overview
Slide 12: Consolidated Income Statement
Consolidated Income Statement PARTICULARS (INR Mn) FY20 FY21 FY22 9M-FY23 Operational Revenue 14,235 12,228 20,978 15,994 Total Expenses 13,303 11,025 18,335 14,797 EBITDA 932 1,203 2,643 1,197 EBITDA Margins (%) 6.55% 9.84% 12.60% 7.48% Other Income 422 220 206 119 Depreciation 455 409 396 296 Fina
Slide 13: Consolidated Balance Sheet
Consolidated Balance Sheet PARTICULARS (INR MN) FY21 FY22 H1-FY23 PARTICULARS (INR MN) FY21 FY22 H1-FY23 ASSETS EQUITY & LIABILITIES Non-current Assets 5,197 5,968 7,050 Equity 10,889 12,507 12,942 (A) Property, Plant & Equipment 4,810 4,669 4,624 (A) Share Capital 219 219 219 (B) Other Equity 10,67
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% 2,400 20.00% 1600 16.00% 20,000 15994 1400 14.00% 14,235 1,900 15,000 15.00% 1200 12.00% 12,228 955 1,400 1,203 1,197
Slide 15: Capital Market Information
Capital Market Information Share Price Performance 50% Dividend (INR/share) 40% 12 10.00 30% 10 8.00 8.00 20% 7.00 8 6 10% 4 0% 2 -10% 0 FY19 FY20 FY21 FY22 -20% Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Century Enka Sensex Shareholding Pattern (As on 31st D
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