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 has two manufacturing facilities in Pune, Maharashtra and Bharuch, Gujarat with a capacity of ~92,000 MTPA. The company's brands include 'Enkalon' and recently launched 'neunyl' for chemically recycled yarn from pre and post consumer waste.

Q1-FY27 Financial Performance

Revenue & Profitability:

  • Revenue from Operations: INR 5,543 Mn (38.1% YoY increase, 14.6% QoQ increase)
  • EBITDA: INR 857 Mn (330.7% YoY increase, 54.7% QoQ increase)
  • EBITDA Margin: 15.46% (1,050 basis points YoY increase, 400 basis points QoQ increase)
  • Net Profit (PAT): INR 617 Mn (300.6% YoY increase, 56.6% QoQ increase)
  • PAT Margin: 11.13% (729 basis points YoY increase, 298 basis points QoQ increase)
  • Basic/Diluted EPS: INR 28.24 (301.1% YoY increase, 56.6% QoQ increase)

Other Financial Metrics:

  • Other Income: INR 85 Mn (37.5% YoY decrease, 23.4% QoQ decrease)
  • Depreciation: INR 144 Mn (5.1% YoY increase, 1.4% QoQ decrease)
  • Finance Cost: INR 5 Mn (37.5% YoY decrease, 16.7% QoQ decrease)
  • Tax: INR 180 Mn (400.0% YoY increase, 36.4% QoQ increase)
  • Other Comprehensive Income: INR 15 Mn (34.8% YoY decrease)
  • Total Comprehensive Income: INR 632 Mn (257.1% YoY increase, 81.1% QoQ increase)

Operational Highlights

Tyre Cord Fabric (Reinforcement):

  • Demand for NTCF remained robust during the quarter post GST cuts on Tyres and Automobiles
  • All auto segments registered healthy growth resulting in good demand for Tyres from OEMs
  • PTCF approval process moving in desired direction with commercial sales expected in H2-FY27

Filament Yarn:

  • Sales volume remained robust with higher share of better margin products
  • New Mother Yarn and VAPs continued to support margin improvement
  • Imports of commodity products from China continued at very low prices
  • Finance Ministry did not notify ADD on NFY despite favourable findings by DGTR on dumping from China
  • New VAP investments planned during the year to offer customer specific products with better margin

Factors contributing to higher Profitability:

  • All verticals performed well on volumes and margin
  • Productivity improvement and higher operating rates helped in margin improvement
  • Increased Raw Material costs passed through in selling prices
  • Higher margins supported by one time inventory gains arising out of low-cost opening stock
  • High-cost inventory at end of quarter likely to normalize margins going forward
  • Higher availability of renewable power due to prolonged summer offset by higher Petro based energy costs

Historical Financial Performance

Annual Comparison (INR Mn):

  • FY24: Revenue 17,442, EBITDA 828, PAT 428, PAT Margin 2.45%
  • FY25: Revenue 20,017, EBITDA 1,147, PAT 665, PAT Margin 3.32%
  • FY26: Revenue 17,054, EBITDA 1,478, PAT 1,008, PAT Margin 5.91%
  • Q1-FY27: Revenue 5,543, EBITDA 857, PAT 617, PAT Margin 11.13%

Balance Sheet Position (as of FY26)

Assets (INR Mn):

  • Total Assets: 18,514
  • Non-current Assets: 9,341
  • Current Assets: 9,188 (including Inventories: 2,599, Investments: 3,484, Trade Receivable: 1,957)

Liabilities & Equity (INR Mn):

  • Equity: 14,959 (Share Capital: 219, Other Equity: 14,740)
  • Non-current Liabilities: 1,380
  • Current Liabilities: 2,175

Capital Market Information (As on 30th June, 2026)

  • Face Value: INR 10.00
  • CMP: INR 520.05
  • 52 Week H/L: INR 577.60 / 371.20
  • Market Cap: INR 11,363.40 Mn
  • No. of Share outstanding: 21.85 Mn
  • 1 Year Avg. Trading Volume: 30.86 ('000)