Century Enka sees revenue decline, but profit margins improve in H1-FY26

Century Enka Limited reported a decrease in operational revenue for H1-FY26, falling to INR 8,102 mn from INR 10,643 mn in H1-FY25, a 23.9% year-over-year decline. Despite this, the company saw a modest improvement in its PAT margins, increasing to 4.65% from 4.29% in the prior year. Basic/diluted EPS also declined to INR 17.26 in H1-FY26 from INR 20.92 in H1-FY25.

For Q2-FY26, Century Enka recorded operational revenue of INR 4,087 mn, a 23.8% decrease compared to INR 5,363 mn in Q2-FY25. However, EBITDA for the quarter showed a 58.8% quarter-over-quarter increase to INR 316 mn, with EBITDA margins improving to 7.73% from 4.96% in Q1-FY26. Net profit for Q2-FY26 reached INR 223 mn, up 44.8% from INR 154 mn in Q1-FY26, resulting in a basic/diluted EPS of INR 10.22.

The company's product-wise sales for H1-FY26 show Reinforcement accounting for 45% of sales, Yarn for 50%, and Others for 5%. Sales volumes also declined, with H1-FY26 volume at 34,992 MT, down from 40,907 MT in H1-FY25. Century Enka maintains a 23% domestic market share in NFY and 25% in NTCF.