Century Enka Limited · NSE:CENTENKA
Century Enka — Q1 FY2024 Earnings Presentation
15 slides from Century Enka's earnings presentation, Aug 9, 2023
Slide 1: Intimation to stock exchanges of earnings presentation
9th August, 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: CENTENK
Slide 2: Century Enka Limited Earnings Presentation – Q1-FY24
Century Enka Limited Earnings Presentation – Q1-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 2 25, 000 30. 00% Nobel of Netherlands. Plants 20, 000 20,978 20,721 25. 00% • The company has grown to become one of the 20. 00% larg
Slide 4: Q1-FY24 Financial Overview
Q1-FY24 FINANCIAL OVERVIEW
Slide 5: Q1-FY24 Financial Highlights
Q1-FY24 Financial Highlights Q1-FY24 Financial Performance INR 4,285 Mn INR 215 Mn 5.02% INR 135 Mn 3.15% INR 6.19 Revenue from Basic/Diluted EPS Operations EBITDA EBITDA Margin Net Profit PAT Margin (On FV of INR 10) Product wise Revenue FY23 Financial (INR Mn) Performance Volume Performance (MT) N
Slide 6: Q1-FY24 Operational Highlights
Q1-FY24 Operational Highlights Nylon Tyre Cord Fabric (NTCF) Ø Following factors impacted the NTCF demand in India: • Subdued replacement demand for Bias tyres • Lower exports of tyres • Slowdown in wholesale sales of commercial vehicles and tractors • Two-wheeler sales still trails pre-covid levels
Slide 7: CAPEX Update
CAPEX Update Ø Cash outflow of Rs. 467 million in Q1-FY24 on ongoing Capex programmes Ø Polyester Tyre Cord Fabric (PTCF) capacities are expected to be commissioned in Q4-FY24 Ø Expansion in NFY capacity is expected to be completed by Q4-FY24 Ø Started trial runs from the Dipping project, commission
Slide 8: Consolidated Quarterly Financial Performance
Consolidated Quarterly Financial Performance PARTICULARS (INR Mn) Q1-FY24 Q1-FY23 Y-o-Y Q4-FY23 Q-o-Q Revenue from Operations 4,285 5,678 (24.5)% 4,726 (9.3)% Total Expenses 4,070 5,067 (19.7)% 4,499 (9.5)% EBITDA 215 611 (64.8)% 227 (5.3)% EBITDA Margins (%) 5.02% 10.76% (574)Bps 4.80% 22Bps Other
Slide 9: Historical Financial Overview
Historical Financial Overview
Slide 10: Consolidated Income Statement
Consolidated Income Statement PARTICULARS (INR Mn) FY21 FY22 FY23 Q1-FY24 Operational Revenue 12,228 20,978 20,721 4,285 Total Expenses 11,025 18,335 19,297 4,070 EBITDA 1,203 2,643 1,424 215 EBITDA Margins (%) 9.84% 12.60% 6.87% 5.02% Other Income 220 206 190 87 Depreciation 409 396 412 112 Finance
Slide 11: 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 12: Financial Performance
Financial Performance Operational Income (INR Mn) EBITDA (INR Mn) & EBITDA Margins (%) PAT (INR Mn) and PAT Margins (%) 25.00% 2,900 2,643 2000 1842 20.00% 25,000 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 1,424 1,203 1000 903 10.00%
Slide 13: 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% 6 0% -5% 4 -10% 2 -15% 0 -20% FY20 FY21 FY22 FY23 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Century Enka Sensex Shareholding Pattern (As
Slide 14: 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 15: Thank You
Thank You