Century Textile Limited is a textile, cement, paper manufacturing and export. This company mainly based in Mumbai. The main business activity of Century Textile involves the manufacture of cotton textiles, yarn, denim, viscose filament rayon yarn, tire-cords, caustic soda, sulphuric acid, salt, cement, pulp, and paper. This company also has a substantial dominance in the international textile markets and exports its products to more than 45 countries around the globe. Century Textile Share Price Graph And News is the main discussion point here in this article.
About the company –
Century Textile Limited forayed into real estate sector with Birla Estates in 2016, with an aim to deliver exceptional residential and commercial spaces. This company will be developing many land parcels that it holds as well as look at joint development or strategic tie-ups across top cities. The two commercial properties built by Century Textile Limited at Worli (Mumbai), Birla Aurora and Birla Centurion, both platinum-certified buildings, have attained an iconic status in the commercial property fraternity. This company has a viscose yarn factory, Century Rayon, which manufactures viscose yarn, in Shahad, Kalyan, at a distance of 56 Km from Mumbai. The factory of Century Textile Limited commenced production. In addition to the viscose based products, in due course, this company went in for backward integration and established plants for the production of various industrial chemicals. The operation of Century Textile Limited Century Rayon has been given to Grasim Industries Limited for a period of 15 years beginning from 1st February 2018. By virtue of this agreement of this company Century Rayon, is now under the Management and Operation of Grasim Industries Limited belonging to Aditya Birla Group (ABG).
The Brands of Century Textile Limited –
Birla Gold –
Birla Gold is a specially developed composite cement of Century Textile Limited. This cement is produced by inter-grinding high-quality clinker with high-quality slag and gypsum in suitable proportions. This unique, value-added product of Century Textile Limited has better strength properties and hydraulic binding properties not found in ordinary cement. The product of this company which finds diverse use in water tanks, roads, bridges, dams, sea walls, turbine blocks, and residential or multi-storied buildings.
Company summary –
Century Textiles and Industries Limited is an IS/ISO 9001:2000 and ISO 14001 company. The Government of India also awarded this company with ‘Three Star Export House’ status. Century Textile Limited is in the Diversified sector. This company incorporated in the year 1897. Century Textile Limited was listed on BSE with its Registered Office at Mumbai. This company operated only one Cotton Textile Mill in Mumbai in 1951. In 1956, Century Textile Limited began its Rayon Division at Kalyan, near Mumbai to manufacture Viscose Filament Rayon Yarn. This Company diversified into production of Cement by establishing its first cement plant at Baikunth, near Raipur (Chhattisgarh) in 1974. The new plant of Century Textile Limited in Jhagadia, District. Century Textiles and Industries Limited is producing only fine and finer fabrics in 100% Cotton fabrics. This company has exclusive showrooms across India in Mumbai, Delhi, Jaipur, Kota, Ahmedabad etc. The current market of Century Textile Limited capitalization stands at Rs 2,540.61 crore. Now, let’s move forward to Century Textile Share Price Graph.
Century Textile Share Price Graph
Registered Address –
Dr. Annie Besant Road,
Fax : 022-24309491 022-24361980
Email: [email protected]
Group: BK Birla Group.
Link Intime India Pvt. Ltd. C 101, 247 Park,
L.B.S. Marg, Vikhroli (West)
Mumbai – 400083,
Tel : 022-49186270, 49186200, 49186270
Fax : 022-49186060, 49186195
Email: [email protected]
Company financials :
After Century Textile Share Price Graph, move on to the company financials. Century Textiles and Industries Limited key Products or Revenue Segments include Cement and Clinker which contributed Rs.7949.48 Crore to Sales Value which is 94.80 % of Total Sales. Other Operating Revenue of this company which contributed Rs.265.27 Crore to Sales Value which is 3.16 % of Total Sales. Century Textile Limited’s Lease Rentals which contributed Rs.142.66 Crore to Sales Value which is 1.70 % of Total Sales. A scrap of this company which contributed Rs.14.98 Crore to Sales Value which is 0.17 % of Total Sales. Also the Export Incentives of Century Textile Limited which contributed Rs.12.62 Crore to Sales Value which is 0.15 % of Total Sales for the year ending 31st March 2018.
For the quarter ended 30th September 2018, this company has reported a Standalone sales of Rs.1949.77 Crore, down -5.79 % from last quarter Sales of Rs.2069.61 Crore and up 8.83 % from last year same quarter Sales of Rs.1791.53 Crore Century Textile Limited has reported a net profit after tax of Rs.156.52 Crore in latest quarter.
The Board of Directors of the company :
- BK Birla is the Chairman of the company.
- RK Dalmia is the Whole Time Director of this company.
- Pradip Kumar Daga is an Independent Director of the company.
- Rajan A Dalal is one of the Independent Director of this company.
- Kumar Mangalam Birla is the Vice Chairman of the company.
- Rajashree Birla is the Director of this company.
- Yazdi P Dandiwala is an Independent Director of the company.
- Sohanlal K Jain is the Independent Director of this company.
News of the company :
It is the last and final part of the content Century Textile Share Price Graph And News. In the dated 7th January 2019, Century Textiles Limited Loss of Share Certificate or Issue of Duplicate Share Certificate. Sell Century Textiles u0026amp; Industries Limited at a price target of Rs 800.0 and a stop-loss at Rs 880 from the entry point in 7th December 2018. In the dated 7th December 2018, DLF is a ‘Sell’ call with a target price of Rs 160 and a stop loss of Rs.172. 81.39% votes of the shareholders went in favor of the deal by which Ultratech will buy BK Birla- led Century Textiles and Industries’ cement assets for Rs.8,621 crore through a share swap in 26th October 2018.
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