Century Enka Ltd
About
Century Enka was the brainchild of B. K. Birla. It was formed in 1965 in collaboration with AkzoNobel, a leading paints and coatings company from the Netherlands. Within India, Century Enka is the second largest manufacturer of nylon tire cord fabric (NTCF), used in bias tires as a reinforcement material, and the largest manufacturer of nylon filament yarn (NFY), used primarily by the apparel industry. Its NFY segment offers monofilaments, draw textured yarns, dope-dyed yarns, mother yarn, among others. Its NTCF offerings are used in scooters, motorcycles, light and heavy commercial vehicles, and off-road vehicles. Century Enka owns two manufacturing plants in Bharuch and Pune and stores and distributes its products through 33 dealers in 7 major locations in India.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 1805 -13.5% | 2086 -4.1% | 2174 79.3% | 1213 -17.3% | 1466 -19.3% | 1817 26.2% | 1440 15.9% | 1243 12.8% | 1101 -11.2% | 1241 -15.9% | 1475 -2.8% | 1517 -7.9% | 1647 14.5% | 1438 12.2% | 1282 10.8% | 1157 - |
| Net Operating Income (INR Cr) | 1744 -15.82% | 2072 0.00% | 2098 71.56% | 1223 -14.10% | 1423 -20.54% | 1791 26.47% | 1416 19.50% | 1185 3.21% | 1148 -5.75% | 1219 -16.93% | 1467 -5.50% | 1552 -5.90% | 1650 22.27% | 1349 9.60% | 1231 5.90% | 1162 -2.00% |
| Profit (INR Cr) | 43 -52.7% | 90 -51.0% | 184 159.7% | 71 -25.8% | 96 24.8% | 77 9.3% | 70 -23.0% | 91 53.9% | 59 61.6% | 37 -41.9% | 63 187.5% | 22 149.3% | 9 -88.9% | 79 -20.8% | 100 502.7% | 17 - |
| Assets (INR Cr) | 1444 2.0% | 1415 10.4% | 1282 14.6% | 1119 5.3% | 1063 5.4% | 1008 4.7% | 963 4.1% | 925 7.2% | 863 -2.5% | 885 -2.5% | 908 -3.7% | 943 -6.8% | 1011 -5.3% | 1068 36.6% | 783 3.7% | 755 - |
| Net Worth (INR Cr) | 1364 3.2% | 1322 0.0% | 1251 14.9% | 1089 6.3% | 1025 7.3% | 955 6.0% | 901 5.5% | 854 9.8% | 778 10.0% | 707 2.4% | 691 7.4% | 643 1.0% | 637 -0.6% | 641 13.7% | 564 22.8% | 459 1.7% |
| Employee Cost (INR Cr) | 122 1.4% | 120 4.0% | 115 13.9% | 101 1.6% | 100 5.5% | 94 6.8% | 88 13.5% | 78 7.0% | 73 2.1% | 71 27.8% | 56 -1.5% | 57 -3.7% | 59 20.2% | 49 0.9% | 49 2.1% | 47 - |
| Interest Cost (INR Cr) | 5 | 2 | 1 | 2 | 3 | 3 | 3 | 6 | 10 | 17 | 21 | 29 | 32 | 16 | 11 | 26 |
| Cash & Bank Balance (INR Cr) | 4 | 16 | 72 | 60 | 6 | 7 | 25 | 4 | 6 | 5 | 6 | 5 | 4 | 10 | 4 | 8 |
| Total Debt (INR Cr) | 52 | 68 | 15 | 13 | 23 | 38 | 47 | 53 | 70 | 152 | 195 | 277 | 352 | 406 | 208 | 284 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 2.4% | 4.3% | 8.5% | 5.9% | 6.5% | 4.2% | 4.9% | 7.3% | 5.4% | 3.0% | 4.3% | 1.4% | 0.5% | 5.5% | 7.8% | 1.4% |
| Profit As % Of Assets | 3.0% | 6.4% | 14.4% | 6.3% | 9.0% | 7.6% | 7.3% | 9.8% | 6.9% | 4.1% | 6.9% | 2.3% | 0.9% | 7.4% | 12.8% | 2.2% |
| Profit As % Of Networth | 3.1% | 6.8% | 14.7% | 6.5% | 9.3% | 8.0% | 7.8% | 10.7% | 7.6% | 5.2% | 9.1% | 3.4% | 1.4% | 12.4% | 17.8% | 3.6% |
| Interest Cost to EBITDA % | 6.7% | 1.7% | 0.5% | 1.4% | 3.7% | 2.4% | 3.0% | 3.3% | 7.1% | 15.0% | 11.9% | 24.4% | 39.0% | 9.4% | 5.1% | 29.7% |
| Debt to Equity Ratio | 0.04 | 0.05 | 0.01 | 0.01 | 0.02 | 0.04 | 0.05 | 0.06 | 0.09 | 0.22 | 0.28 | 0.43 | 0.55 | 0.63 | 0.37 | 0.62 |
| RONW | 2.3% | 6.8% | 15.7% | 6.7% | 9.7% | 8.3% | 5.7% | 11.2% | 8.0% | 5.2% | 9.4% | 4.4% | 1.6% | 13.2% | 19.6% | 4.2% |
| ROCE | 3.3% | 8.5% | 20.4% | 8.6% | 8.7% | 12.4% | 8.7% | 16.3% | 11.2% | 9.0% | 12.8% | 7.7% | 3.0% | 13.4% | 21.6% | 6.6% |