Century Enka Limited · NSE:CENTENKA
Century Enka — Q2 FY23 Earnings Presentation
17 slides from Century Enka's earnings presentation, Oct 25, 2022
Slide 1: Century Enka Limited exchange intimation letter
CENTURY ENKA LIMITED (Factory : Bhosari, Pune 411 026) Phone : +91-20-66127304 Communicate at Telefax : +91-20-27120113 Post Box No. 17, Email : cel.investor@birlacentury.com Plot No. 72 & 72-A, MIDC, Company CIN : L24304PN1965PLC139075 Bhosari, Pune - 411 026 25th October 2022 Listing Department Li
Slide 2: Earnings Presentation – Q2/H1-FY23
Century Enka Limited Earnings Presentation – Q2/H1-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 20.00% largest p
Slide 4: Q2/H1-FY23 Financial Overview
Q2/H1-FY23 FINANCIAL OVERVIEW
Slide 5: H1 / Q2-FY23 Financial Highlights
H1 / Q2-FY23 Financial Highlights Q2-FY23 Financial Performance INR 5,634 Mn INR 379 Mn 6.73% INR 256 Mn 4.54% INR 11.70 Revenue from Operations EBITDA EBITDA Margin Net Profit PAT Margin Basic/Diluted EPS (On FV of INR 10) H1-FY23 Financial Performance INR 11,312 Mn INR 990 Mn 8.75% INR 659 Mn 5.83
Slide 6: Business Performance
Business Performance Product wise Revenue (INR Mn) Volume Performance (MT) NTCF NFY Others 238 297 2,414 2,580 18,820 18,100 2,734 2,757 Q2-FY22 Q2-FY23 Q2-FY22 Q2-FY23 NTCF NFY Others 678 455 5,026 3,944 35,698 33,777 5,221 5,608 H1-FY22 H1-FY23 H1-FY22 H1-FY23 5
Slide 7: Q2-FY23 Operational Highlights
Q2-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 is exerting pressure on NTCF margin Improvement in OEM demand for tyres but demand s
Slide 8: CAPEX Update
CAPEX Update All Capex sanctioned by the Board is running as per schedule Deliveries for Capex items started with some delays in equipment from China & Europe. However, we hope to commission as per schedule Cash outflow of INR 1,285 Mn in H1-FY23 Projected cash outflow of over INR 2,200 Mn i
Slide 9: Consolidated Quarterly Financial Performance
Consolidated Quarterly Financial Performance PARTICULARS (INR Mn) Q2-FY23 Q2-FY22 Y-o-Y Q1-FY23 Q-o-Q Revenue from Operations 5,634 5,386 4.6% 5,678 (0.8)% Total Expenses 5,255 4,795 9.6% 5,067 3.7% EBITDA 379 591 (35.9)% 611 (38.0)% EBITDA Margins (%) 6.73% 10.97% (424) Bps 10.76% (403) Bps Other I
Slide 10: YTD Consolidated Financial Performance
YTD Consolidated Financial Performance PARTICULARS (INR Mn) H1-FY23 H1-FY22 Y-o-Y Revenue from Operations 11,312 9,620 17.6% Total Expenses 10,322 8,415 22.7% EBITDA 990 1,205 (17.8)% EBITDA Margins (%) 8.75% 12.53% (378) Bps Other Income 80 112 (28.6)% Depreciation 195 194 0.5% Finance Cost 7 6 16.
Slide 11: Historical Financial Overview
Historical Financial Overview
Slide 12: Consolidated Income Statement
Consolidated Income Statement PARTICULARS (INR Mn) FY20 FY21 FY22 H1-FY23 Operational Revenue 14,235 12,228 20,978 11,312 Total Expenses 13,303 11,025 18,335 10,322 EBITDA 932 1,203 2,643 990 EBITDA Margins (%) 6.55% 9.84% 12.60% 8.75% Other Income 422 220 206 80 Depreciation 455 409 396 195 Finance
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 1400 14.00% 1,900 14,235 15.00% 1200 12.00% 12,228 15,000 955 11,312 1,400 1,203 1000
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% Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Century Enka Sensex Shareholding Pattern (As on 30th S
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