Company Overview

Century Enka Limited, established in 1965 by Late Shri B. K. Birla in collaboration with AKZO Nobel of Netherlands, is one of the largest producers of Nylon Filament Yarn (NFY) and Nylon Tyre Cord Fabric (NTCF) in India. The company operates two state-of-the-art manufacturing facilities in Pune, Maharashtra and Bharuch, Gujarat with a total capacity of ~92,000 MTPA. The company produces high-quality nylon yarns for applications including fish-twines, conveyor belts, sports and active wear, sarees, intimate and foundation wear, and customized nylon tyre cord fabric for reinforcement of tyres used in motorcycles, scooters, LCVs, MHCVs, farm and OTR vehicles. The company has recently forayed into Polyester Tyre Cord Fabric (PTCF) used for passenger vehicle tyres.

Market Position

The company holds significant domestic market share with 48% in Nylon Filament Yarn and 49% in Nylon Tyre Cord Fabric. The company operates through 4 dealers and markets its products under the 'Enkalon' brand, known for high quality material giving soft, lustrous and elegant feel to finished fabric. The company recently launched its new brand 'neunyl' for chemically recycled yarn from pre and post consumer waste.

Management Team

Board of Directors & Key Management Personnel:

  • Mrs. Rajashree Birla - Chairperson of Aditya Birla Centre for Community Initiatives and Rural Development
  • Mr. Jayant V. Dhobley - Non-Executive Director, CEO and Business Head of Global Chemicals, Fashion Yarn & Insulators, Aditya Birla Group
  • Mr. Suresh Sodani - Managing Director, Commerce Graduate, Chartered Accountant & Cost & Management Accountant
  • Mr. Yogesh R. Shah - Chief Financial Officer with 29 years of experience in Finance and Accounts
  • Ms. Krupa R. Gandhi - Independent and Non-executive Director, Partner at M/s. Bansi S. Mehta & Co.
  • Mr. Ravindra Kastia - Independent and Non-executive Director, Chartered Accountant, Company Secretary, MBA
  • Mr. Rahul Dubey - Company Secretary, Master Degree in Agrochemicals, Law Graduate, Fellow member of ICSI
  • Mr. Ashish Razdan - Independent Director, Partner at Khaitan & Co with 19+ years experience in corporate law

Financial Performance

Consolidated Income Statement (INR Mn):

| Metric | FY23 | FY24 | FY25 | FY26 |

| EBITDA | 1,424 | 828 | 1,147 | 1,478 |

| EBITDA Margins (%) | 6.87% | 4.75% | 5.73% | 8.67% |

| Other Income | 190 | 335 | 373 | 419 |

| Depreciation | 412 | 503 | 550 | 554 |

| Finance Cost | 24 | 54 | 45 | 29 |

| PBT | 1,177 | 575 | 919 | 1,287 |

| Tax | 274 | 147 | 254 | 279 |

| PAT | 903 | 428 | 665 | 1,008 |

| PAT Margins (%) | 4.36% | 2.45% | 3.32% | 5.91% |

| Basic/Diluted EPS (INR) | 41.34 | 19.56 | 30.42 | 46.15 |

FY26 exceptional item of (19) Mn relates to impact of new Labour Code.

Consolidated Balance Sheet (INR Mn):

| Particulars | FY24 | FY25 | FY26 |

| Total Assets | 16,843 | 17,817 | 18,514 |

| Non-current Assets | 8,897 | 8,839 | 9,326 |

| Current Assets | 7,946 | 8,969 | 9,188 |

| Equity | 13,644 | 14,176 | 14,959 |

| Share Capital | 219 | 219 | 219 |

| Other Equity | 13,425 | 13,957 | 14,740 |

| Non-current Liabilities | 1,459 | 1,433 | 1,380 |

| Current Liabilities | 1,740 | 2,208 | 2,175 |

Operational Metrics:

  • Operational Revenue: FY23 ₹20,725 Mn, FY24 ₹20,732 Mn, FY25 ₹20,024 Mn, FY26 ₹17,048 Mn
  • Sales Volume: FY23 78,425 MT, FY24 73,693 MT, FY25 69,735 MT, FY26 67,770 MT
  • Net Worth: Growing from FY24 ₹13,644 Mn to FY26 ₹14,959 Mn
  • Net Surplus Cash on Balance Sheet: Maintained strong position

Product Overview

Nylon Filament Yarn (NFY): Long continuous lustrous fibre used for textile fabrics including sarees, draperies, furnishings, sports-wear, athleisure wear, mosquito nets, and embroidery. Properties include 10 times more moisture absorption than polyester, excellent softness, high tensile strength, good air-permeability, mildew prevention, lightweight with exceptional strength, wrinkle resistance, easy washability, and excellent luster.

Product Categories under NFY:

  • Nylon Mono Filament
  • Nylon Mother Yarn
  • Multifilament Yarns (FDY, POY, HOY, DTY, ATY, Draw Winder, TOW)
  • Technical Yarn (High Tenacity)

Reinforcement Products:

  • Nylon Tyre Cord Fabric for bias/cross ply tyres used in motorcycles, scooters, LCVs, HCVs and OTR vehicles
  • Polyester Tyre Cord Fabric (PTCF) for passenger car radial tyres

Manufacturing Process

The manufacturing process includes polymerization, industrial yarn spinning, cable cording machines, loom weaving, and dipping process for tyre cord fabric. The dipping process impregnates greige fabric with RFL solution and heat sets it to create adhesion with rubber.

Strategic Initiatives

Recent strategic initiatives include:

  • Significant capital expenditure in increasing reinforcement capacities and debottlenecking downstream capacities
  • Foray into Polyester Tyre Cord Fabric (PTCF) for passenger radial tyres
  • Investment in renewable power facilities to reduce power costs
  • Development of export market for Recycled Polymer and Nylon Filament Yarn made from Green Polymer
  • Increase in capacities in downstream equipment for value-added Nylon Filament Yarn
  • Sustainability initiatives including zero water discharge, reduced carbon emissions, recycling nylon waste into Caprolactam

Industry Overview

India's textile industry is projected to reach US$350 billion by 2030, expected to create around 35 million new jobs. Growth factors for global synthetic yarns and reinforcement market include increasing demand due to wide applications, water scarcity affecting natural fibres, properties like ultra-lightweight fabrics, comfort, durability, and use in automobiles for high strength and abrasion resistance.

Capital Market Information

As of March 31, 2026:

  • Face Value: ₹10.00
  • CMP (NSE): ₹372.55
  • 52 Week H/L: ₹555.00/371.20
  • Market Cap: ₹8,140.44 Mn
  • No. of Shares Outstanding: 21.85 Mn
  • 1 Year Avg. Trading Volume: 24,110

Dividend Declared: Historical dividend information presented but specific amounts not quantified in disclosure.

Awards and Certifications

The company has received numerous awards including:

  • CII Achievement in Environment Management
  • CII Water Award Certificate
  • Excellence Award in Sustainability Management 2025-26
  • Gold Award for 'Atmanirbhar Vikshit Bharat' Quality Concepts
  • Gold Trophy by QCFI Surat Chapter
  • National Safety Council of India safety Awards 2025
  • Silver Award in 'Waste to Wealth' category at 8th ABG Sustainability Conference
  • Gold E-certificates in 55th CII National Kaizen Competition

Certifications include NABL Certificate ISO/IEC 17025:2017, IATF 16949:2016, ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018.