How did Century Extrusions' FY26 performance compare to the prior year?

Revenue grew about 11% to ₹47,856 lacs. Net profit rose approximately 10% to ₹1,097 lacs, after accounting for a ₹79 lacs exceptional charge.

What is driving the sharp increase in capital work-in-progress?

The company is executing a major capacity expansion. The work-in-progress account swelled from ₹426 lacs to ₹1,873 lacs during the year, indicating heavy investment in new projects.

Why did the cash position deteriorate so drastically?

The expansion programme consumed nearly all available liquidity. Cash on hand dropped to just ₹28 lacs at the year-end, a direct consequence of the capex surge.

What is the exceptional charge related to?

The ₹79 lacs charge was for costs associated with implementing new labour codes.

Earnings · Aluminium · Micro cap

Century Extrusions' cash is down to ₹28 lacs after a four-fold capex surge

The aluminium extruder's capacity build-out consumed its liquidity, leaving almost no cushion on hand.

CENTEXT By Tipsheet Editorial 25 May 2026 · 6:36 PM IST Verify on BSE · NSE

Mkt cap₹158 cr

P/E14.39×

ROE11.98%

Debt / eq.0.59

₹1,873 lacs Capital work-in-progress, up from ₹426 lacs a year ago

What's new

FY26 revenue grew ~11% to ₹47,856 lacs; net profit rose ~10% to ₹1,097 lacs.
Capital work-in-progress jumped more than four-fold to ₹1,873 lacs.
Cash fell to ₹28 lacs while borrowings increased to fund the expansion.

Why this matters

The earnings are routine. The balance sheet is not. Century has drained its cash and taken on debt to fund a massive capacity build-out, a bet that now hinges entirely on the new projects delivering returns.

What we're watching

The commissioning timeline for the projects behind the capex spike.
Whether higher borrowings will fund the ongoing cash shortfall.
Q1 FY27 growth to justify the heavy investment.

The full read

Century Extrusions posted unspectacular growth in FY26. Revenue rose ~11% to ₹47,856 lacs. Net profit climbed ~10% to ₹1,097 lacs. The real story is on the balance sheet. Capital work-in-progress surged from ₹426 lacs to ₹1,873 lacs. That is a more than four-fold increase in projects under construction. This build-out drained the company's cash to just ₹28 lacs and pushed borrowings higher. The audited numbers are unmodified. The growth is modest. The capex is not. Century has bet heavily on new capacity, and it is doing so with a near-empty cash till. The open question is whether the projects coming online can justify that concentration of resources.

Questions answered

How did Century Extrusions' FY26 performance compare to the prior year?: Revenue grew about 11% to ₹47,856 lacs. Net profit rose approximately 10% to ₹1,097 lacs, after accounting for a ₹79 lacs exceptional charge.
What is driving the sharp increase in capital work-in-progress?: The company is executing a major capacity expansion. The work-in-progress account swelled from ₹426 lacs to ₹1,873 lacs during the year, indicating heavy investment in new projects.
Why did the cash position deteriorate so drastically?: The expansion programme consumed nearly all available liquidity. Cash on hand dropped to just ₹28 lacs at the year-end, a direct consequence of the capex surge.
What is the exceptional charge related to?: The ₹79 lacs charge was for costs associated with implementing new labour codes.

Mentioned: Century Extrusions Ltd. · ₹47,856 lacs revenue · ₹1,873 lacs capital work-in-progress

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.