About
What the company does
Incorporated in 1988, Century Extrusions Ltd manufactures aluminium extruded products and power transmission and distribution line hardware. It is a pure-play aluminium extrusion manufacturer selling business to business — to OEMs and industrial customers across architectural, electrical, transport, automotive, defence, engineering, irrigation and marine sectors.
Strengths
- Profit has grown at 39.7% a year over the last five years.
Weaknesses
- Profitable every year, but it pays no dividend.
- Return on equity has averaged 12.5% over the last three years, which is low.
Growth
Compounded rates
Compounded sales growth
| 10 years | 11% |
|---|---|
| 5 years | 21% |
| 3 years | 9% |
| TTM | 18% |
Compounded profit growth
| 10 years | 26% |
|---|---|
| 5 years | 40% |
| 3 years | 19% |
| TTM | 30% |
Stock price CAGR
| 10 years | 25% |
|---|---|
| 5 years | 18% |
| 3 years | 28% |
| 1 year | 5% |
Return on equity
| 10 years | 10% |
|---|---|
| 5 years | 12% |
| 3 years | 13% |
| Last year | 14% |
01 ₹ Crore
Quarterly results
| ₹ Crore | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 91.69 | 95.67 | 95.44 | 92.30 | 101.42 | 106.50 | 103.54 | 119.79 | 104.15 | 109.66 | 122.53 | 142.22 | 138.36 | |
| └ YoY sales growth % | -4.50% | -0.25% | -4.48% | 15.13% | 10.61% | 11.32% | 8.49% | 29.78% | 2.69% | 2.97% | 18.34% | 18.72% | 32.85% |
| 86.33 | 89.54 | 89.86 | 86.64 | 95.11 | 99.85 | 97.10 | 113.28 | 97.18 | 101.99 | 114.37 | 133.27 | 127.71 | |
| └ Material cost % | 79% | 77% | 75% | 75% | 78% | 76% | 78% | 76% | 75% | 77% | 78% | 80% | 78% |
| └ Employee cost % | 4% | 4% | 4% | 6% | 4% | 5% | 4% | 5% | 5% | 5% | 4% | 4% | 4% |
| Operating profit | 5.36 | 6.13 | 5.58 | 5.66 | 6.31 | 6.65 | 6.44 | 6.51 | 6.97 | 7.67 | 8.16 | 8.95 | 10.65 |
| OPM % | 5.85% | 6.41% | 5.85% | 6.13% | 6.22% | 6.24% | 6.22% | 5.43% | 6.69% | 6.99% | 6.66% | 6.29% | 7.70% |
| 0.21 | 0.08 | 0.07 | 0.51 | 0.08 | 0.12 | 0.06 | 0.44 | 0.06 | 0.03 | 0.32 | -0.46 | 0.13 | |
| └ Exceptional items | 0.00 | 0.00 | 0.00 | 0.32 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.79 | 0.00 |
| └ Other income, normal | 0.21 | 0.08 | 0.07 | 0.19 | 0.08 | 0.12 | 0.06 | 0.44 | 0.06 | 0.03 | 0.32 | 0.33 | 0.13 |
| Interest | 2.07 | 2.39 | 2.35 | 2.55 | 2.25 | 2.64 | 2.57 | 2.91 | 2.67 | 3.02 | 3.50 | 1.54 | 3.70 |
| Depreciation | 0.73 | 0.69 | 0.74 | 1.19 | 0.87 | 0.94 | 0.86 | 0.76 | 1.22 | 1.11 | 1.19 | 2.34 | 2.06 |
| Profit before tax | 2.77 | 3.13 | 2.56 | 2.43 | 3.27 | 3.19 | 3.07 | 3.28 | 3.14 | 3.57 | 3.79 | 4.61 | 5.02 |
| Tax % | 26.71% | 25.56% | 24.22% | 52.67% | 25.69% | 25.39% | 20.20% | 18.60% | 24.84% | 22.69% | 23.48% | 36.01% | 24.90% |
| 2.03 | 2.33 | 1.94 | 1.15 | 2.43 | 2.38 | 2.45 | 2.67 | 2.36 | 2.76 | 2.90 | 2.95 | 3.77 | |
| └ YoY profit growth % | -11% | 51% | 17% | 18% | 20% | 2% | 26% | 159% | -3% | 16% | 18% | 27% | 60% |
| EPS in ₹ | 0.25 | 0.29 | 0.24 | 0.14 | 0.30 | 0.30 | 0.31 | 0.33 | 0.30 | 0.34 | 0.36 | 0.37 | 0.47 |
02 ₹ Crore
Profit and loss
| ₹ Crore | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 174 | 168 | 180 | 236 | 255 | 231 | 187 | 322 | 372 | 375 | 431 | 479 | 513 | |
| └ Sales growth % | -8.75% | -3.33% | 7.26% | 30.97% | 8.13% | -9.63% | -18.75% | 72.13% | 15.37% | 0.83% | 14.97% | 10.97% | — |
| 166 | 159 | 170 | 225 | 239 | 215 | 172 | 304 | 350 | 352 | 405 | 447 | 477 | |
| The four cost lines below are percentages of sales, which is how Screener publishes them. | |||||||||||||
| └ Material cost % | 78% | 76% | 75% | 78% | 77% | 74% | 73% | 78% | 79% | 77% | 77% | 78% | — |
| └ Manufacturing cost % | 7% | 8% | 8% | 9% | 8% | 8% | 8% | 8% | 8% | 8% | 9% | 8% | — |
| └ Employee cost % | 6% | 7% | 6% | 5% | 5% | 6% | 6% | 4% | 4% | 5% | 4% | 4% | — |
| └ Other cost % | 4% | 4% | 5% | 4% | 4% | 5% | 4% | 4% | 4% | 4% | 4% | 3% | — |
| Operating profit | 8 | 9 | 10 | 11 | 16 | 16 | 15 | 19 | 22 | 23 | 26 | 32 | 35 |
| OPM % | 4.7% | 5% | 5% | 4.8% | 6% | 7% | 8% | 6% | 6% | 6% | 6% | 7% | 7% |
| 4 | 2 | 2 | 3 | 1 | 2 | 0 | 1 | -1 | 1 | 1 | -0 | 0 | |
| └ Exceptional items | 0.03 | -0.26 | -0.08 | 0.00 | -0.04 | 0.00 | 0.00 | 0.02 | -1.47 | 0.32 | 0.00 | -0.90 | — |
| └ Other income, normal | 3.69 | 2.47 | 1.92 | 2.89 | 1.10 | 1.54 | 0.34 | 0.69 | 0.35 | 0.55 | 0.70 | 0.74 | — |
| Interest | 7 | 7 | 7 | 6 | 7 | 7 | 7 | 8 | 9 | 9 | 10 | 11 | 12 |
| Depreciation | 3 | 3 | 3 | 4 | 4 | 5 | 5 | 3 | 3 | 3 | 3 | 6 | 7 |
| Profit before tax | 1 | 1 | 1 | 4 | 6 | 5 | 3 | 9 | 9 | 11 | 13 | 15 | 17 |
| Tax % | -38% | -62% | 4% | 15% | 29% | 31% | 30% | 29% | 31% | 32% | 22% | 27% | — |
| 1 | 1 | 1 | 4 | 4 | 4 | 2 | 6 | 6 | 7 | 10 | 11 | 12 | |
| └ Exceptional items after tax | 0.03 | -0.26 | -0.08 | 0.00 | -0.03 | 0.00 | 0.00 | 0.01 | -0.98 | 0.21 | 0.00 | -0.63 | — |
| └ Profit excluding exceptionals | 1.41 | 1.17 | 1.43 | 3.71 | 4.06 | 3.70 | 2.18 | 6.16 | 6.95 | 7.24 | 9.94 | 11.60 | — |
| └ Profit used for P/E | 1.41 | 1.17 | 1.43 | 3.71 | 4.06 | 3.70 | 2.18 | 6.16 | 6.95 | 7.24 | 9.94 | 11.60 | — |
| └ Profit used for EPS | 1.44 | 0.91 | 1.35 | 3.71 | 4.03 | 3.70 | 2.18 | 6.17 | 5.97 | 7.45 | 9.94 | 10.97 | — |
| └ Profit growth % | 262.07% | -17.02% | 22.22% | 159.44% | 9.43% | -8.87% | -41.08% | 182.57% | 12.82% | 4.17% | 37.29% | 16.70% | — |
| EPS in ₹ | 0.18 | 0.11 | 0.17 | 0.46 | 0.50 | 0.46 | 0.27 | 0.77 | 0.75 | 0.93 | 1.24 | 1.37 | 1.54 |
| Dividend payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
03 ₹ Crore
Balance sheet
| ₹ Crore | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 |
| Reserves | 29 | 30 | 31 | 35 | 39 | 42 | 45 | 51 | 57 | 65 | 75 | 75 |
| 34 | 35 | 36 | 39 | 55 | 43 | 40 | 44 | 47 | 48 | 49 | 62 | |
| └ Long term borrowings | 2 | 3 | 4 | 3 | 7 | 6 | 6 | 13 | 7 | 4 | 2 | 0 |
| └ Short term borrowings | 27 | 30 | 32 | 34 | 44 | 34 | 34 | 32 | 40 | 44 | 47 | 62 |
| └ Other borrowings | 5 | 1 | 1 | 1 | 4 | 3 | 0 | 0 | 0 | 0 | 0 | 0 |
| 21 | 18 | 25 | 23 | 23 | 18 | 24 | 33 | 21 | 38 | 39 | 42 | |
| └ Trade payables | 13.06 | 10.37 | 16.35 | 11.04 | 16.02 | 7.80 | 14.46 | 22.75 | 11.97 | 28.46 | 27.13 | 26.76 |
| └ Advance from customers | 1.75 | 0.98 | 2.52 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| └ Other liability items | 6.31 | 6.50 | 6.40 | 11.61 | 6.93 | 10.53 | 9.33 | 10.67 | 9.09 | 9.67 | 11.55 | 15.66 |
| Total liabilities | 92 | 91 | 101 | 104 | 125 | 112 | 117 | 137 | 133 | 159 | 171 | 187 |
| 37 | 33 | 30 | 28 | 24 | 28 | 28 | 27 | 25 | 29 | 31 | 32 | |
| Net block. Gross block and accumulated depreciation are the last two lines below. | ||||||||||||
| └ Land | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| └ Building | 11 | 11 | 11 | 11 | 11 | 15 | 15 | 15 | 15 | 15 | 18 | 22 |
| └ Plant and machinery | 52 | 52 | 52 | 53 | 54 | 59 | 64 | 66 | 66 | 74 | 74 | 76 |
| └ Equipment | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 1 |
| └ Furniture and fittings | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 6 | 5 |
| └ Vehicles | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| └ Other fixed assets | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| └ Gross block | 72 | 72 | 72 | 73 | 74 | 83 | 88 | 90 | 91 | 99 | 104 | 109 |
| └ Accumulated depreciation | 35 | 39 | 42 | 45 | 50 | 55 | 60 | 63 | 66 | 70 | 73 | 76 |
| Capital work in progress | 0 | 0 | 0 | 0 | 7 | 5 | 0 | 0 | 0 | 0 | 4 | 19 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 56 | 58 | 70 | 76 | 94 | 80 | 88 | 110 | 108 | 129 | 135 | 136 | |
| The five lines below are each rounded to the nearest crore, so they can add up to 1 or 2 either side of the total. In FY2021 the gap is 2. That is Screener rounding, not a missing item. | ||||||||||||
| └ Inventories | 19 | 19 | 29 | 25 | 38 | 34 | 33 | 43 | 33 | 40 | 41 | 68 |
| └ Trade receivables | 20 | 20 | 22 | 29 | 28 | 26 | 24 | 46 | 34 | 35 | 35 | 36 |
| └ Cash equivalents | 4 | 3 | 2 | 3 | 4 | 2 | 11 | 3 | 11 | 16 | 17 | 7 |
| └ Loans and advances | 0 | 0 | 3 | 4 | 7 | 3 | 4 | 3 | 18 | 19 | 12 | 18 |
| └ Other asset items | 13 | 15 | 15 | 15 | 17 | 16 | 14 | 15 | 13 | 20 | 30 | 8 |
| Total assets | 92 | 91 | 101 | 104 | 125 | 112 | 117 | 137 | 133 | 159 | 171 | 187 |
04 ₹ Crore
Cash flow
| ₹ Crore | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 10 | 5 | 3 | 5 | -3 | 21 | 22 | -8 | 14 | 11 | 13 | 4 | |
| └ Profit from operations | 7.12 | 7.19 | 8.88 | 10.74 | 15.18 | 16.47 | 14.74 | 18.01 | 19.45 | 19.72 | 24.47 | 29.80 |
| └ Receivables | 4.11 | 0.18 | -3.11 | -6.46 | -4.27 | 7.20 | 1.29 | -22.12 | -0.36 | -11.46 | -5.70 | 6.07 |
| └ Inventory | -1.60 | 0.14 | -9.46 | 3.75 | -12.62 | 4.05 | 0.03 | -9.13 | 9.82 | -6.84 | -0.08 | -27.60 |
| └ Payables | 0.66 | -2.71 | 6.37 | -2.78 | 0.29 | -5.80 | 6.32 | 6.91 | -10.52 | 14.10 | -2.57 | -1.62 |
| └ Working capital changes | 3.17 | -2.39 | -6.20 | -5.49 | -16.60 | 5.45 | 7.64 | -24.34 | -1.06 | -4.20 | -8.35 | -23.15 |
| └ Direct taxes | 0.04 | 0.22 | -0.05 | -0.08 | -1.14 | -0.81 | -0.66 | -1.60 | -4.69 | -4.14 | -2.81 | -2.60 |
| └ Exceptional cash flow items | 0.00 | -0.26 | -0.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| -2 | 0 | -0 | -1 | -7 | -4 | -1 | -4 | -8 | -5 | -6 | -17 | |
| └ Fixed assets purchased | -2.24 | -0.31 | -0.40 | -1.16 | -7.36 | -4.34 | -1.48 | 0.00 | -0.95 | 0.00 | -6.56 | -17.55 |
| └ Fixed assets sold | 0.03 | 0.01 | 0.04 | 0.01 | 0.01 | 0.00 | 0.00 | 3.12 | 0.00 | 0.00 | 0.01 | 0.01 |
| └ Investments purchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.39 | 0.00 | -5.39 | 0.00 | 0.00 |
| └ Investments sold | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.16 | 0.28 | 0.00 | 0.00 | 0.00 |
| └ Interest received | 0.41 | 0.35 | 0.16 | 0.30 | 0.40 | 0.05 | 0.22 | 0.36 | 0.15 | 0.42 | 0.39 | 0.50 |
| └ Other investing items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -7.54 | -7.35 | 0.00 | 0.00 | 0.14 |
| -8 | -5 | -3 | -3 | 10 | -19 | -11 | 4 | 2 | -7 | -8 | 3 | |
| └ Proceeds from borrowings | 0.00 | 0.91 | 2.33 | 3.63 | 15.92 | 0.00 | 0.00 | 6.55 | 5.15 | 4.19 | 4.21 | 15.70 |
| └ Repayment of borrowings | -4.57 | 0.00 | 0.00 | -1.21 | 0.00 | -11.59 | -3.28 | -2.25 | -2.61 | -2.81 | -3.10 | -2.75 |
| └ Investment subsidy | 2.45 | 0.39 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| └ Interest paid | -6.15 | -6.01 | -5.55 | -5.23 | -5.58 | -6.84 | -7.46 | 0.00 | 0.00 | -7.26 | -8.76 | -9.88 |
| └ Financial liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.40 | -0.42 | -0.50 | -0.58 | -0.64 | 0.00 | 0.00 |
| Net cash flow | 0 | 0 | -1 | 2 | 1 | -2 | 9 | -8 | 8 | -0 | -0 | -10 |
| Free cash flow | 8 | 4 | 2 | 4 | -10 | 17 | 20 | -5 | 13 | 11 | 7 | -13 |
| CFO / operating profit | 126% | 53% | 26% | 46% | -9% | 140% | 146% | -33% | 85% | 68% | 62% | 21% |
05 Days, except ROCE
Ratios
| Days, except ROCE | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 41 | 44 | 45 | 46 | 40 | 40 | 47 | 52 | 34 | 34 | 30 | 27 |
| Inventory days | 52 | 55 | 77 | 50 | 70 | 72 | 89 | 62 | 41 | 50 | 45 | 67 |
| Days payable | 35 | 30 | 44 | 22 | 30 | 17 | 38 | 33 | 15 | 36 | 30 | 26 |
| Cash conversion cycle | 58 | 70 | 78 | 73 | 80 | 95 | 98 | 81 | 60 | 49 | 45 | 68 |
| Working capital days | -16 | -6 | 9 | 11 | 14 | 25 | 26 | 41 | 30 | 19 | 12 | 22 |
| ROCE % | 12% | 11% | 11% | 14% | 14% | 12% | 11% | 17% | 18% | 17% | 18% | 19% |
06 Per cent
Shareholding
| Per cent | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 52.04% | 52.04% | 52.04% | 52.04% | 52.04% | 52.04% | 52.04% | 52.04% | 52.04% | 52.04% | 52.04% | 52.04% |
| FIIs | 0.14% | 0.36% | 0.14% | 0.15% | 0.20% | 0.20% | 0.24% | 0.32% | 0.16% | 0.28% | 0.14% | 0.18% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.06% |
| Public | 47.82% | 47.61% | 47.82% | 47.81% | 47.76% | 47.76% | 47.73% | 47.65% | 47.79% | 47.69% | 47.82% | 47.72% |
| Number of shareholders | 50786 | 52256 | 38593 | 56086 | 56342 | 57271 | 56537 | 55681 | 55532 | 53946 | 53072 | 52220 |
07 Sources
Documents and links
Every figure above was taken from the Screener page below on 30 August 2026, including the sub-rows behind each expandable line. Nothing has been estimated or filled in.
- Screener — Century Extrusions Ltd
- BSE quote page (500083)
- NSE quote page (CENTEXT)
- Annual reports on BSE — 2012 to 2026
- Corporate announcements on BSE
- Company website
Credit ratings are published by Infomerics, with updates in September 2025, August 2024, February 2024, August 2023, June 2023 and March 2023. They are listed on the Screener page above. The auditor's report, the CARO annexure and the internal financial controls opinion are inside each annual report rather than filed separately.