1. Is Century Extrusions Ltd a good quality company?
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Century Extrusions Ltd is a below average quality company.
2. Is Century Extrusions Ltd undervalued or overvalued?
The key valuation ratios of Century Extrusions Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
3. Is Century Extrusions Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Century Extrusions Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||6.9%||6.2%||9.2%||8.3%||8.4%||10.4%||9.8%||8.6%||7.9%||11.7%||-|
|Value Creation Index ⓘ||-0.5||-0.6||-0.3||-0.4||-0.4||-0.3||-0.3||-0.4||-0.4||-0.2||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||6.9%||-8.7%||-3.4%||7.5%||30.7%||8.1%||-9.6%||-18.8%||72.1%||-|
|Adj EPS ⓘ||0||-0.1||0.2||0.1||0.2||0.5||0.5||0.5||0.3||0.8||0.9|
|YoY Gr. Rt. %||-||NA||NA||-26.3%||28.6%||155.6%||10.9%||-9.8%||-41.3%||185.2%||-|
|BVPS (₹) ⓘ||4.5||4.5||4.6||4.8||4.9||5.4||5.9||6.3||6.6||7.4||7.9|
|Adj Net Profit ⓘ||0||-0.9||1.5||1.1||1.4||3.7||4.1||3.7||2.2||6.2||7|
|Cash Flow from Ops. ⓘ||2.6||10.9||10.3||4.8||2.6||5.2||-2.6||21.1||21.7||-7.9||-|
|Debt/CF from Ops. ⓘ||17.4||3.5||3.3||7.3||14.2||7.5||-21.4||2||1.8||-5.6||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||NA||33.7%||14.7%||185.2%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||0.1||-2.6||4.1||2.9||3.6||9||9.1||7.6||4.2||11||12.2|
|Op. Profit Mgn % ⓘ||4.5||3.8||4.7||5.1||5.5||4.9||6.2||6.8||8.2||5.9||5.6|
|Net Profit Mgn % ⓘ||0||-0.5||0.9||0.7||0.8||1.6||1.6||1.6||1.2||1.9||2|
|Debt to Equity ⓘ||1.2||1.1||0.9||0.9||0.9||0.9||1.2||0.9||0.8||0.8||0.1|
|Working Cap Days ⓘ||98||93||99||102||110||105||115||132||150||104||103|
|Cash Conv. Cycle ⓘ||61||55||49||49||53||56||65||78||90||60||38|
Return on Equity has increased versus last 3 years average to 12.10%
Net Profit is growing at healthy rate in last 3 years 14.72%
Debt to equity has declined versus last 3 years average to 0.75
Sales growth is good in last 4 quarters at 42.97%
Sales growth has been subdued in last 3 years 8.12%
|TTM EPS (₹)||0.9||-|
|TTM Sales (₹ Cr.)||375||-|
|BVPS (₹.) ⓘ||7.9||-|
|Reserves (₹ Cr.) ⓘ||55||-|
|From the Market|
|52 Week Low / High (₹)||8.52 / 14.50|
|All Time Low / High (₹)||0.34 / 15.77|
|Market Cap (₹ Cr.)||72.6|
|Equity (₹ Cr.)||8|
|Face Value (₹)||1|
|Industry PE ⓘ||6.1|
Century Extrusion was incorporated in 1991, promoted by M P Jhunjhunwala, The company is engaged in the manufacture of aluminium extrusions since its inception. The company manufactures and supplies extrusions for various applications, such as architecture and hardware, road transport vehicles, railways, electrical and electronic applications, engineering applications, auto sector, consumer durables, defence applications, irrigation, etc. The company has an inventory of more than 2000 dies for manufacture of more than 1000 different profiles.
Century Extrusion is having market presence all over India with its sales offices at Bangalore, Chennai, Delhi, Hyderabad, Kanpur, Kolkata and Mumbai. The company supplies material through trade and also directly to the end-users. The ratio of sales to Trade and End-users is roughly 25:75.
The plant of the company is accredited with ISO-9001:2000 certification for its quality systems. It usually supply extrusions as per the tolerances laid down by the Bureau of India Standards in accordance with BIS: 6477-1983 and BIS â€“ 2673 â€“ 1979. Its processes are capable of meeting the dimensional, mechanical, electrical and composition requirements of international standards such as BS, DIN, JIS, ASTM and others.
Century Extrusion employs 130 staff members and 200 permanent workmen. It manufactures and supplies extrusions for various applications, such as architecture and hardware, road transport vehicles, railways, electrical and electronic applications, engineering applications, auto sector, consumer durables, defence applications, irrigation, etc. It has market presence all over India with its Sales Offices at Bangalore, Chennai, Delhi, Hyderabad, Kanpur, Kolkata and Mumbai. It supply material through Trade and also directly to the End-users. The ratio of sales to Trade and End-users is roughly 25:75.
The plant is located at Kharagpur in West Bengal, India. It has two extrusion presses of 1250MT and 1620MT capacities. The Company has complete in-house facilities for Die Manufacturing, Melting and Casting of Billets and a very well equipped Quality Assurance Department besides the Extrusion Shop. The main equipment -- extrusion presses have been manufactured by UBE Industries, Japan â€“ 1620MT Press and M/s. Siddharth Industries, India â€“ 1250MT Press. Its production capacity is 7500 MT of aluminium extruded products per annum.
The company has production facilities mainly comprising of a Re-melt Shop for casting billets, Tool Room for manufacture of Dies and two Extrusions Press Lines. The companyâ€™s manufacturing facilities consist of 3(three) oil-fired, fixed-hearth, reverberatory Melting-cum-Holding Furnaces of bath capacities 3MT, 6MT and 8MT. The D C Casting unit is flexible to cast 6â€ & 7â€ dia billets in alloys ranging from 1xxx to 7xxx series.
Molten metal treatment is carried out by Automatic Flux Feeder in conjunction with 'eco-friendly' nitrogen degassing. The presence of hydrogen gas in the molten metal is detected using a Gas Analyser. Further degassing is carried out, if required, prior to casting. Composition is determined using ARL Make Direct Reading Vacuum Emission Spectrometer.
With the 2 Extrusion Press lines â€“ 1620MT (UBE , Japan) and 1250MT (indigenous) â€“ both PLC controlled, the Company is able to cater to the requirements ranging from miniature profiles up to large-sized Bars in Soft, Medium and High Strength Alloys. The arrangement for taper quenching of billets ensures â€˜ near-isothermal ' extrusions for achieving uniform property along the length of the extruded profiles / bars. The â€˜in-house' heat treatment facility ensures good resilience in the Dies. Use of â€˜ mastercam ' also assists in assessing the type of fit and the clearances required for the assembly of complementary profiles.
The company has an inventory of more than 2000 dies for manufacture of more than 1000 different profiles