Thursday, March 18, 2010

Hidden Gems - CENTURY TEXTILES




Century Textiles initially focused on textiles and fabrics, but for the nine months ended FY10, the company's cement division contributed nearly 61% of its total segment sales of Rs 3,203.8 crore. The company's installed cement capacity was 7.8 million tonne at the end of March 2009 and it focused primarily on central, eastern and western regions.Century Textiles trades at 10.8 times on a trailing basis, while an all-India players, such as ACC and Gujarat Ambuja, trade at P/Es in the range of 11-14.

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