Century Plyboards (India) Limited share price

NSE: CENTURYPLY · ISIN INE348B01021

Key numbers

Market cap
₹ 15,429 Cr
Current price
₹ 694.45
52-week high / low
₹ 859 / 619
Stock P/E
52.9
Book value
₹ 117.3
Dividend yield
0.14%
ROCE
10.8%
ROE
10.6%
Debt to equity
0.68
Sales growth (3 yrs)
14.0%
Profit growth (3 yrs)
-11.3%
1-year return
-14.3%

About Century Plyboards (India) Limited

Century Plyboards (India) Limited engages in the manufacture and sale of plywood, laminates, decorative veneers, medium density fiber boards (MDF), pre-laminated boards, particle boards, and flush doors in India. It operates through Plywood, Laminate, MDF, Plain Particle Board, CFS Services, and Others segments. The company provides plywood, blockboard, veneer, and timber; decorative laminates; and plain and pre-laminated medium density fibre boards, as well as particle boards. It also provides container freight stations services; trades in chemicals and panel products; and offers pre-engineered doors, fibre cement boards, and PVC sheets. The company also exports its products. It provides its products under the CenturyPly, CenturyLaminates, CenturyVeneers, CenturyDoors, CenturyComposites, CenturyExteria, CenturyCubicles, Sainik Laminates, and Century HDF/Century MDF brands names. Century Plyboards (India) Limited was incorporated in 1982 and is headquartered in Kolkata, India.

Quarterly results

Consolidated figures in ₹ crores

Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,1691,3861,3501,4921,561
Operating profit128175170177198
Net profit5269647880
EPS (₹)2.333.102.873.513.61

Concall summary (2026-08-06)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • The 60,000 CBM per annum greenfield plywood plant at Hoshiarpur is expected to commence operations in Q3 FY27, while the Chennai brownf ield expansion has increased capacity from 8,000 CBM per month in Q1 to 10,000 CBM per month in Q2, which will further increase to 12,500 CBM per month from Q3 FY27.
  • So, you will see a steady increase in particle board, and I think towards next year, we will see maybe close to 15% particle board margins.

Growth & demand

  • We delivered our highest -ever quarterly consolidated revenue of INR1,561 crores, representing a robust 33.5% year -on-year growth.
  • Revenue grew 14.7% year-on-year, while EBITDA margins remained healthy at 10.2%, reflecting improved product mix, better capacity utilization, and operational efficiencies.

Margins & costs

  • Our EBITDA margin excluding forest losses improved to 13.0%, while profit after tax increased by 57% year-on-year to INR83.3 crores.
  • Further, to mitigate the impact of higher chemical input costs arising from geopolitical developments, the company implemented about 7% price increase in April in the plywood business, largely passing on the increase in raw material costs.

Capex & expansion

  • The company continues to strengthen its plywood business through both capacity expansion and brand-building initiatives.
  • Revenue increased by 29% sequentially and 155.7% year -on-year, reflecting higher capacity utilization and growing acceptance of our products across furniture manufacturers and OEM customers.

Balance sheet & cash

  • I know it looks like the debt is going up, but that is because when you're growing at 33% in an industry which has 60 days debt working capital, that does take an impact.
  • So, you should see the balance sheet strengthening, but when you are growing at 30% plus, at that point in time, working capital requirements will be there, which is why, you have seen a slight increase in the working capital quantum.

Peers in Lumber & Wood Production

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