Century Enka LtdNSE:CENTENKA
Current view Q1 2027
Spins nylon yarn and tyre-cord fabric; profit is only the spread over Chinese-priced caprolactam. The record quarter is flattered by a ₹46 cr one-off — underlying margin is 7%, the floor of guidance — and the ₹103 cr car-tyre-fabric plant has sold nothing in nine quarters. Management is not consistent and I don't see much earning trigger.
Latest exchange filings last 5 · 5 after Q1 2027
- 20 Aug ’26Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 20 Aug ↗
- 20 Aug ’2660th AGM approved Singhi & Co. auditor for five years; reappointed Rajashree Birla and Suresh Sodani. ↗
- 20 Aug ’26Shareholders approved Singhi & Co. as auditor and reappointed Rajashree Birla and Suresh Sodani at 60th AGM. ↗
- 20 Aug ’26Shareholder Meeting / Postal Ballot-Outcome of AGM 20 Aug ↗
- 11 Aug ’26Crisil ESG assigned Century Enka FY2026 ratings: ESG 58 and Core ESG 61. ↗
Exchange filings, with the company's own one-line summary, read off the same page as the figures. Screener publishes only the most recent few, so this is the last 5 — not everything filed since your note, and a quiet-looking list is not proof of a quiet quarter. A filing is marked new when it is dated after the end of the quarter your note covers. Not scored, and not a judgement — a routine repayment notice and a takeover sit in the same list.
AI concall report · Q1 2027
The full earnings-call read behind this view — what management promised, what they delivered, and the earning trigger.
Growth Q1 2027
| Metric | This year vs lastYoY · vs Q1 2026 | vs the quarter beforeQoQ, sequential · vs Q4 2026 | 3-year yearly average3Y CAGR · compounded | 5-year yearly average5Y CAGR · compounded |
|---|---|---|---|---|
| Sales | ▲ +37.8% | +14.5% | −6.3% | +6.9% |
| Operating profit | ▲ +330.0% | +56.4% | +5.1% | +7.1% |
| EPS | ▲ +301.1% | +56.6% | +3.7% | +6.6% |
| PAT | ▲ +313.3% | +59.0% | — | — |
Tinted rows drive the Tier. Tier = the weaker of YoY Sales and YoY PAT growth. Here the weaker is Sales at +37.8%, which is ≥ 20% → Tier 1.
QoQ is sequential, not a trend. For most Indian companies the March quarter is seasonally the largest, so a June-quarter fall against it is a calendar effect. Only the YoY column feeds the Tier.
Multibagger potential
Average54/100
Growing, but too slowly to re-price. Profit per share grew 4% a year. A big re-pricing usually needs more than 15% a year, so the score is capped no matter how cheap it looks.
₹553 → ₹1,106 needs the P/E at 15× — it is 8.2× today, and has ranged 4.8× to 32× over the last 5 years. The rest would come from earnings growing as they have.
What you pay for its profitlog scale · 5-year range
Tripling needs 22× — it has traded there — high was 32×.
Re-rated already, on growth that doesn't fully back it.
How this is calculated
This is arithmetic, not a forecast — Return = ΔEPS × ΔMultiple. It says what would have to be true, not how likely it is, and "earnings keep growing at this rate for three more years" is the assumption doing the most work. This is a small-cap at ₹1,231 cr, so the odds of a re-rate are not fighting its own size.
Band capped: growth of 3.7% is below the 15% bar a re-rate needs.
Growth rate used: 3.7% — the weakest of EPS / Sales / Op-profit from 3-year EPS CAGR. Latest quarter reads 60%.
How it compares with its rivals Integrated Textiles · 6 of 115 listed
These are the industry's largest names rather than companies of its own size, so the columns are worth reading straight across — a ranking against them would only be restating the size gap.
| Company | Price | P/E | Size | ROCE | Profitlast qtr | Saleslast qtr |
|---|---|---|---|---|---|---|
| Century Enka | ₹560 | 8.2× | ₹1,224 Cr | 8.2% | +301.2% | +38.0% |
| K P R Mill Ltd | ₹1,115 | 41.8× | ₹38,119 Cr | 19.6% | +21.6% | +9.6% |
| Welspun Living | ₹214 | 72.8× | ₹20,237 Cr | 6.3% | +83.6% | +23.7% |
| Vardhman Textile | ₹566 | 19.3× | ₹16,386 Cr | 8.6% | +49.5% | +13.3% |
| Trident | ₹23 | 29.8× | ₹11,772 Cr | 9.8% | +12.9% | +4.7% |
| Indo Count Inds. | ₹443 | 58.1× | ₹8,765 Cr | 8.2% | +62.0% | +25.9% |
Screener's own peer group, from the request already made for the industry P/E. It serves the industry's largest names by market cap, not companies of a similar size, so treat this as context rather than a like-for-like table; this company is always shown. On a phone the price, size and sales columns are dropped rather than pushed off the edge. Not part of the score.
Business quality to Jun 2026
| Are the margins widening? | wider, but it has moved around a lot | operating margin 5% → 15% over 3 years |
|---|---|---|
| Did the profit turn into cash? | more than all of it — reserves released cash too | 102% last year, 114% over three · free cash flow ₹99 cr, positive in 2 of 4 years |
| Is the growth borrowed? | essentially debt-free | ₹22 cr — 0.01× its own equity (was 0.03×) |
| Is it being collected? | collection is steady | 42 days to collect, up 10 in a year · cash cycle 73 days |
| Who has been buying? | the promoters have held steady | promoters 24.9%, 24.9% → 24.9% over 2.8 years · FIIs 2.0% (−0.2) · DIIs 10.9% (+1.1) · shareholders 43,989 → 37,239 |
| What does it earn on its capital? | earns little on its capital | ROCE 8.2% · ROE 6.1% |
Fetched from the filings, not typed — and deliberately not part of the score. These are the questions the score cannot ask: it reads growth, price and trend, so a company can score well while its profit never becomes cash. Weigh these beside the note, not against the number.
Screener's own checklist not mine, not the score
In its favour
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.82 times its book value
- Company has been maintaining a healthy dividend payout of 35.9%
Against it
- Promoter holding is low: 24.9%
- Company has a low return on equity of 4.37% over last 3 years.
Generated by screener.in from a fixed checklist — not written by me and not an input to the score. It is here as a second machine opinion to weigh against the note; where it disagrees with the view above, the note is the considered one.