Century Textiles & Industries Ltd.
Snapshot View

712.45 +8.85 ▲1.3%

20 May 2022, 04:01:00 PM
Volume: 8,508

Overview View Details

Sector Paper Compare with Sector peers
Industry Paper & Paper Products Compare with Industry peers
Website http://www.centurytextind.com
Market Cap 7,957.76 Cr.
Enterprise Value(EV) 9,159.02 Cr. 2022-03
Financial Indicators
Earnings per share (EPS) 14.91 Trailing Twelve Months Ending 2022-03
Price-Earning Ratio (PE) 47.79 Trailing Twelve Months Ending 2022-03
Industry PE 17.61 Trailing Twelve Months Ending 2022-03
Book Value / Share 332.94 Trailing Twelve Months Ending 2022-03
Price to Book Value 2.14 Calculated using Price: 712.45
Dividend Yield 0.56 Period Ending 2021-03
No. of Shares Subscribed 11.17 Cr. 111,695,680 Shares
FaceValue 10
Company Profile

From a single-unit textile entity in 1897, Century Textiles and Industries Ltd has transformed into a commercial powerhouse with interests in diverse industries. Currently, the business house is a trendsetter in cotton textiles and also has a remarkable presence in the Pulp and Paper and Real Estate sectors.

The company very old legacy is built on its steadfast commitment to the development of the nation. Its unwavering focus on quality and innovation, combined with agility and customer centricity, leave it in good stead to capitalise on market opportunities and continue creating sustainable value for its stakeholders.

Business area of the company

The Company is principally engaged in manufacturing of Textiles, Cement, Pulp and Paper and Real estate.

Businesses Segments

Birla Estates: With an aim to deliver exceptional and premium LifeDesignedTM home and office spaces, the company marked its entry into the realty sector in 2016.

Birla Century: Birla Century’s USP is the customisation it offers to clients in terms of the weave, design and texture of products. At its state-of-the-art manufacturing facility in Gujarat, it produces a wide range of premium textiles which have applications in personal apparel and household linen.

Century Pulp and Paper: Century Pulp and Paper is a producer of excellent quality writing and printing paper, and a leading manufacturer of tissue and board, as well as Rayon Grade Pulp products.

Awards and Certifications

2017-18

  • 1st Manufacturing facility in India & 2nd in World to receive Gold Leed Certification.
  • Membership and certification i.e. “BCI” - (Better Cotton Initiative) received from Switzerland, “Fair Trade” from Germany and “Cotton USA” from USA for supplying and sourcing of value added sustainable products.
  • Certificate SA 8000 received from Bureau Veritas for Global Social Accountability covering compliances as per ILO guidelines.
  • Upgraded the latest version of Oeko-Tex-Standard 100 from Hohenstein, Germany - for fabrics to meet the requirements of sustainability as per guidelines of ZDHC (Zero Discharge Hazardous Chemicals) and
    Detox.
  • First Prize for “Overall Performance”, “General Workings” and “Training & Safety Performance” for its limestone mines during Annual Safety Celebrations - 2017 held under the aegis of Directorate General of Mines Safety, Bilaspur and Raigarh Region.
  • First Prize for “Reclamation & Rehabilitation” for its limestone mines in the category of mechanized mines,
    Chhattisgarh, during the Mines Environment and Mineral Conservation Week, Raipur Region 2017-18, held under the aegis of Indian Bureau of Mines, Raipur Region.
  • 5 Star rating awarded by Indian Bureau of Mines, Ministry of Mines, Government of India to its limestone mines, for exemplary performance in implementation of Sustainable Development Framework during 2016-17, assessed under the Star Rating Systems during 3rd National Conclave on Mines & Minerals held at New Delhi.

2018-19

  • First Prize for “Maintenance of HEMM & Workshop”, “Welfare Amenities & OHS Facility”, “Crushing & Screening Plant” and “Afforestation” for its limestone mines during annual safety celebration -2018 held under the aegis of Directorate General of Mines Safety Bilaspur & Raigarh Region.
  • National (FIMI) - Gem Granites Environment award 2017-18 for significant contribution to environment protection & sustainable mining from Hon’ble Minister of Mines, Govt. of India.
  • First Prize for “Overall Performance”, “Safety Education”, “Use of Explosives & Dust Suppression”, “House Keeping & Supervision” and “Standard of Working” for its limestone mines in the category of fully mechanized mines during “Metalliferous Mines Safety Week 2018” held under the aegis of Directorate General of Mines Safety, Jabalpur Region.
  • First Prize for “Overall Performance” and “Systematic & Scientific Development” for its limestone mines in the category of fully mechanized mines during “Mines Environment & Mineral Conservation Week 2018-19” from the Khan Khanij Pradushan Niyantran Evam Paryavaran Vikas Samiti, Jabalpur Region.
  • First Prize for “Water Positivity” for its limestone mines during “Mines Environment & Mineral Conservation Week 2018-19” from the Khan Khanij Pradushan Niyantran Evam Paryavaran Vikas Samiti, Jabalpur Region.
  • 5 Star rating awarded for “Sustainable Development Framework” for its limestone mines during “Mines Environment & Mineral Conservation Week 2018-19” from the Khan Khanij Pradushan Niyantran Evam Paryavaran Vikas Samiti, Jabalpur Region.
  • Maihar Cement Employees’ Provident Fund has received Certificate of Appreciation for Best Performing Exempted Trust 2018 from Employees’ Provident Fund Organisation, Ministry of Labour & Employment, Government of India.

2019-20

  • The Birla Century Plant earned the Silver Medal from the International Research Institute for Manufacturing, India.
  • Birla Century - Jhagadia certified as Best in class ‘A+’ category by Inditex for its Join Life (JL) Programme.
  • Certified for organic production for Coop Naturaline, Switzerland.
  • Successfully completed STeP renewal certification from Hohenstein Institute, Germany.
  • Received PeTA (People for the Ethical Treatment of Animals) label for producing vegan products.
  • Successfully cleared the GRS (4.0) and RCS (2.0) for production of recycled products.

Milestones

  • 1897: ‘The Century Spinning & Manufacturing Co. Ltd.’ founded as a one-plant company to process cotton.
  • 1951: The company came under the fold of Birla management and Shri B. K. Birla was roped in to look after the affairs of the company.
  • 1956: Century Rayon was inaugurated.
  • 1963: Viscose tyre yarn/ cord plant established in collaboration with Algemene Kuntzidjeume NV, Netherlands and Glanzstoff AG, Germany.
  • 1964: Diversification into chemicals; Establishment of an additional caustic soda plant with mercury cell process.
  • 1974: Foray into the cement sector with the launch of Birla Gold Portland brand and a 0.6 MTPA Baikunth plant.
  • 1984: Diversification into the pulp and paper business with the 400-acre Lalkuan plant.
  • 1987: Company renamed as ‘Century Textiles and Industries Limited’.
  • 2008: A state-of-the-art, 100-acre textile mill set-up at Jhagadia in Bharuch, Gujarat.
  • 2008: Textile business reinstated after closure of mills in Mumbai.
  • 2016: Forayed into the realty sector with Birla Estates.
  • 2016: Launched LifeDesigned workspaces - Birla Aurora and Birla Centurion.
  • 2019: Demerger of the Cement Division; to be merged with UltraTech.
  • 2019: Launch of Birla Vanya in Kalyan and Birla Alokya in Bengaluru.
  • 2019: Textile business forayed into e-commerce in the US through Amazon.
  • 2019: Green and innovative value-added products to replace plastics launched using biodegradable board under the Pulp and Paper business.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+1.26%
1 Week
+2.58%
1 Month
-17.97%
3 Month
-10.47%
6 Month
-11.28%
1 Year
+43.62%
2 Year
+170.12%
5 Year
-38.05%
10 Year
+159.36%
5 years 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 4.23 14.21 200.70 10.64 -0.96
Return on Capital Employed (%) 8.12 10.48 112.24 7.52 0.55
Return on Assets (%) 1.02 3.60 73.47 5.61 -0.50

Balance Sheet View Details

Particulars 6 years 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03* Rs. Cr.
Shh. Funds 2,482 2,748 3,294 3,479 3,504 3,719
Non Curr. Liab. 3,407 3,528 1,587 1,190 1,499 963
Curr. Liab. 4,447 4,056 1,294 1,881 1,491 2,842
Minority Int. 132 143 158
Equity & Liab. 10,336 10,331 6,175 6,683 6,638 7,682
Non Curr. Assets 8,082 7,973 5,064 4,879 4,640 4,644
Curr. Assets 2,254 2,359 1,111 1,804 1,998 3,038
Misc. Exp. not W/O
Total Assets 10,336 10,331 6,175 6,683 6,638 7,682

Profit Loss View Details

Particulars 6 years 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. TTM
Net Sales 7,901 8,462 3,944 3,429 2,617 4,131
Other Income 77 47 104 35 62 43
Total Income 7,977 8,509 4,047 3,464 2,678 4,174
Total Expenditure -6,999 -7,508 -3,039 -2,891 -2,421 -3,686
PBIDT 978 1,001 1,008 573 257 488
Interest -553 -212 -95 -87 -71 -52
Depreciation -313 -199 -193 -229 -231 -231
Taxation -7 -218 -250 103 11 -50
Exceptional Items 5,593
PAT 105 372 6,063 360 -34 154
Minority Interest 5 3 5
Share Associate 0
Other Related Items
Consolidated Net Profit 105 372 6,063 365 -30 167
Adjusted EPS 9 33 543 33 -3 15

Cash Flow View Details

Particulars 5 years 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 940 2,209 548 -23 566
Cash Fr. Inv. -247 -195 -123 -241 -92
Cash Fr. Finan. -175 -1,795 -677 392 -471
Net Change 518 219 -253 128 4
Cash & Cash Eqvt -41 178 -87 40 44

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 50.21 50.21 50.21 50.21 50.21 50.21 50.21 50.21 50.21
Public 49.79 49.79 49.79 49.79 49.79 49.79 49.79 49.79 49.79
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Tue, 10 May 2022
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 of Listing Regulations this is to inform you that the representatives of the Company will be participating in the meet to discuss in detail about the ordinary course of business and about the industry.
Tue, 10 May 2022
Statement Indicating Utilization Of Issue Proceeds Of Non-Convertible Securities Issued By Century Textiles And Industries Limited Under Regulation 52(7) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 Read With SEBI Circular No. SEBI/HO/DDHS/08/2020 Dated 17Th January 2020
Pursuant to Regulation 52(7) of Listing Regulations read with SEBI Circular the Company hereby confirms that issue proceeds of Rated Secured Listed Redeemable Non-Convertible Debentures (NCDs) issued by the Company and outstanding as on 31st March 2022 have been fully utilized for the objects for which the same were raised and there have been no deviations in the utilisation of issue proceeds of NCDs from the objects stated in the Information Memorandum / Private Placement Offer document.
Tue, 10 May 2022
Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
Format of the Annual Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1 Name of Company CENTURY TEXTILES & INDUSTRIES LTD.
2 CIN NO. L17120MH1897PLC000163
3 Report filed for FY 2021-2022
Details of the Current block (all figures in Rs crore):
4 2 - year block period (Specify financial years)* 2021-22 2022-23
5 Incremental borrowing done in FY (T)(a) 50.00
6 Mandatory borrowing to be done through debt securities in FY (T) (b) = (25% of a) 12.50
7 Actual borrowing done through debt securities in FY (T)(c) 250.00
8 Shortfall in the borrowing through debt securities if any for FY (T - 1) carried forward to FY (T) (d) 112.5
8Quantum of (d) which has been met from (c)(e)* 112.5
9 Shortfall if any in the mandatory borrowing through debt securities for FY (T) { after adjusting for any shortfall in borrowing for FY(T - 1) which was carried forward to FY(T)}(f) = (b) - [(c) - (e)]{ If the calculated value is zero or negative write nil}* NIL


Details of penalty to be paid if any in respect to previous block (all figures in Rs crore):
2 - year Block period (Specify financial years)2020-21 2021-22
Amount of fine to be paid for the block if applicable Fine = 0.2% of {(d) - (e)}#0.00



Name of the Company Secretary :-ATUL K KEDIA
Designation :-Company Secretary
Name of the Chief Financial Officer :- SNEHAL SHAH
Designation : -Chief Financial Officer

Date: 10/05/2022

Technical Scans View Details

Fri, 20 May 2022
High Decrease 1 Month High Decrease 1 Month
High Decrease 3 Months High Decrease 3 Months
High Increase 1 Year High Increase 1 Year
High Increase 2 Years High Increase 2 Years
MFI Below 20 MFI Below 20

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
JK Paper Ltd. 5,934.16 350.30 +1.4%
West Coast Paper Mills Ltd. 2,225.85 337.00 +3.7%
Andhra Paper Ltd. 1,399.91 352.00 +4.9%
Tamil Nadu Newsprint & Papers Ltd. 1,339.92 193.60 +0.9%
Satia Industries Ltd. 1,303.00 130.30 +1.2%
Seshasayee Paper and Boards Ltd. 1,285.01 203.75 +5.3%
Emami Paper Mills Ltd. 1,064.48 175.95 +4.6%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
JK Paper Ltd. Consolidated 2022-03 10.94 350.30 +1.4%
West Coast Paper Mills Ltd. Consolidated 2021-12 8.65 337.00 +3.7%
Andhra Paper Ltd. Standalone 2022-03 10.02 352.00 +4.9%
Tamil Nadu Newsprint & Papers Ltd. Standalone 2022-03 93.57 193.60 +0.9%
Satia Industries Ltd. Standalone 2021-12 14.16 130.30 +1.2%
Seshasayee Paper and Boards Ltd. Consolidated 2022-03 11.68 203.75 +5.3%
Emami Paper Mills Ltd. Standalone 2021-12 8.49 175.95 +4.6%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
JK Paper Ltd. Consolidated 2022-03 1.98 350.30 +1.4%
West Coast Paper Mills Ltd. Consolidated 2021-12 1.41 337.00 +3.7%
Andhra Paper Ltd. Standalone 2022-03 1.28 352.00 +4.9%
Tamil Nadu Newsprint & Papers Ltd. Standalone 2022-03 0.84 193.60 +0.9%
Satia Industries Ltd. Standalone 2021-12 2.53 130.30 +1.2%
Seshasayee Paper and Boards Ltd. Consolidated 2022-03 1.02 203.75 +5.3%
Emami Paper Mills Ltd. Standalone 2021-12 2.78 175.95 +4.6%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
JK Paper Ltd. Consolidated 2021-03 1.11 350.30 +1.4%
West Coast Paper Mills Ltd. Consolidated 2021-03 0.48 337.00 +3.7%
Andhra Paper Ltd. Standalone 2021-03 0.03 352.00 +4.9%
Tamil Nadu Newsprint & Papers Ltd. Standalone 2021-03 1.70 193.60 +0.9%
Satia Industries Ltd. Standalone 2021-03 0.77 130.30 +1.2%
Seshasayee Paper and Boards Ltd. Consolidated 2021-03 0.01 203.75 +5.3%
Emami Paper Mills Ltd. Standalone 2021-03 1.68 175.95 +4.6%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
JK Paper Ltd. Consolidated 2021-03 9.70 350.30 +1.4%
West Coast Paper Mills Ltd. Consolidated 2021-03 -0.32 337.00 +3.7%
Andhra Paper Ltd. Standalone 2021-03 -0.47 352.00 +4.9%
Tamil Nadu Newsprint & Papers Ltd. Standalone 2021-03 -3.93 193.60 +0.9%
Satia Industries Ltd. Standalone 2021-03 11.79 130.30 +1.2%
Seshasayee Paper and Boards Ltd. Consolidated 2021-03 9.19 203.75 +5.3%
Emami Paper Mills Ltd. Standalone 2021-03 19.83 175.95 +4.6%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
JK Paper Ltd. Consolidated 2021-03 9.70 350.30 +1.4%
West Coast Paper Mills Ltd. Consolidated 2021-03 -0.32 337.00 +3.7%
Andhra Paper Ltd. Standalone 2021-03 -0.47 352.00 +4.9%
Tamil Nadu Newsprint & Papers Ltd. Standalone 2021-03 -3.93 193.60 +0.9%
Satia Industries Ltd. Standalone 2021-03 11.79 130.30 +1.2%
Seshasayee Paper and Boards Ltd. Consolidated 2021-03 9.19 203.75 +5.3%
Emami Paper Mills Ltd. Standalone 2021-03 19.83 175.95 +4.6%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
JK Paper Ltd. Consolidated 2021-03 2,750.72 350.30 +1.4%
West Coast Paper Mills Ltd. Consolidated 2021-03 2,244.53 337.00 +3.7%
Andhra Paper Ltd. Standalone 2021-03 886.75 352.00 +4.9%
Tamil Nadu Newsprint & Papers Ltd. Standalone 2021-03 2,768.18 193.60 +0.9%
Satia Industries Ltd. Standalone 2021-03 588.44 130.30 +1.2%
Seshasayee Paper and Boards Ltd. Consolidated 2021-03 782.06 203.75 +5.3%
Emami Paper Mills Ltd. Standalone 2021-03 1,216.27 175.95 +4.6%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
JK Paper Ltd. Consolidated 2021-03 236.72 350.30 +1.4%
West Coast Paper Mills Ltd. Consolidated 2021-03 -4.38 337.00 +3.7%
Andhra Paper Ltd. Standalone 2021-03 -4.60 352.00 +4.9%
Tamil Nadu Newsprint & Papers Ltd. Standalone 2021-03 -65.11 193.60 +0.9%
Satia Industries Ltd. Standalone 2021-03 49.55 130.30 +1.2%
Seshasayee Paper and Boards Ltd. Consolidated 2021-03 99.30 203.75 +5.3%
Emami Paper Mills Ltd. Standalone 2021-03 51.06 175.95 +4.6%