Century Enka Limited has formally notified stock exchanges about its upcoming board meeting scheduled for February 6, 2026, where directors will deliberate on the company's third-quarter financial performance for fiscal year 2026. The meeting represents a key milestone in the company's quarterly reporting cycle as it prepares to unveil its financial results for the period ended December 31, 2025.

Board Meeting Details

The company has structured its board agenda to comprehensively review both standalone and consolidated financial statements for the reporting period. The meeting will address financial performance across multiple timeframes to provide stakeholders with a complete picture of the company's operational and financial health.

Trading Window Restrictions

Century Enka has implemented comprehensive trading restrictions as part of its regulatory compliance framework. The company previously communicated these restrictions through its December 24, 2025 notification, establishing clear parameters for securities trading during the financial results preparation period.

Regulatory Framework

The board meeting announcement aligns with the Securities and Exchange Board of India's stringent disclosure requirements under Regulation 29 of the Listing Obligations and Disclosure Requirements Regulations, 2015. This regulatory framework ensures transparent communication between listed companies and their stakeholders, maintaining market integrity through timely and accurate information dissemination.

Corporate Communication

The formal notification was signed by Rahul Dubey, VP-Legal & Company Secretary (FCS 8145), on January 27, 2026, demonstrating the company's commitment to proper corporate governance protocols. The communication was simultaneously dispatched to both major Indian stock exchanges where the company's securities are listed.

The company maintains its registered office and factory operations at Plot No. 72 & 72-A, M.I.D.C., Bhosari, Pune, continuing its established presence in Maharashtra's industrial landscape while adhering to all regulatory compliance requirements.

Century Enka Limited , a leading player in the nylon and polyester filament yarn industry, has reported its financial results for the second quarter of fiscal year 2026, revealing challenges in the face of increased Chinese imports and subdued demand.

Financial Performance

The company reported an operating revenue of INR 409.00 crores for Q2 FY26, marking a 24% year-on-year decline but a 2% quarter-on-quarter increase. EBITDA stood at INR 32.00 crores with margins at 7.73%, while profit after tax was INR 22.00 crores, up 4% year-on-year.

For the first half of FY26, Century Enka's performance was as follows:

Segment-wise Performance

• Tyre cord fabric sales for H1 FY26 declined by 32% to INR 365.00 crores
• Filament yarn sales declined by 15% to INR 404.00 crores

Market Challenges

The company faced significant challenges from subdued demand and increased low-cost imports from China in both tyre cord fabrics and filament yarn segments. The nylon filament yarn segment, in particular, saw imports double year-on-year, with China accounting for 90-95% of these imports.

Strategic Initiatives

To counter these challenges, Century Enka is focusing on several strategic initiatives:

1. Value-Added Products: Over 35% of the company's nylon filament yarn portfolio now consists of value-added products, with plans to increase this to over 50% in the next few years.

2. PTCF Project: The company is progressing with its Polyester Tyre Cord Fabric (PTCF) project, with an investment of approximately INR 100.00 crores. Commercial supplies are expected to begin in Q4 FY26.

3. Renewable Energy: Currently, 15-20% of the company's power requirements are met through renewable sources, with plans to increase this to 30-35% in the next 1-2 years.

4. Anti-Dumping Measures: The industry is actively pursuing anti-dumping duties on nylon filament yarn imports from China, with a decision expected before December.

Outlook

Despite current challenges, Century Enka sees potential for improvement in the second half of FY26, supported by recent GST reductions on tyres and anticipated festive season demand. However, the company remains cautious due to ongoing geopolitical tensions and trade uncertainties.

Mr. Suresh Sodani, Managing Director of Century Enka, commented, "We are hopeful that the trends we've seen following the GST cuts will continue. There's a general positivity in the value chain that this should sustain and lead to better demand."

As Century Enka navigates these challenging market conditions, it continues to focus on operational efficiency, product innovation, and strategic investments to maintain its competitive edge in the technical textile industry.