Century Plyboards (India) Limited
BSE: 532548 | NSE: CENTURYPLY
Sector: Consumer Durables | Industry: Plywood Boards/ Laminates
01
ABOUT COMPANY
Century Plyboards (India) Limited (hereinafter as “CPIL“ or “The Company”) was incorporated in 1982. The company was established by Mr. Sanjay Agarwal as Managing Director and the late Hari Prasad Agarwal, later they were joined by Mr. Sajjan Bhajanka. The headquarter of the company is in Kolkata.
CPIL is in the business of manufacturing Plywood, Laminates, Decorative Veneers, Medium Density Fibreboards (MDF), Pre-laminated Boards, Particle Board and Flush Doors. The company operates on B2B and B2C model. In case of B2B model, CPIL supplies to distributors and dealer (who then supply to wholesalers, architects, interior designers, builders, contractors, furniture manufacturers and others), institutional customers (such as real estate developers, large-scale furniture manufacturers and government departments who then caters to large scale construction and interior projects) and CPIL also exports (region such as Asia, Middle East, North America, South America, Europe, Africa and Oceania). On the other hand, B2C model – the company sells to retail customers directly through online channel.
| Particulars | FY25 |
|---|---|
| Enterprise Value (₹ Crore) | 17,482 |
| EV/EBITDA | 36 |
| P/E | 87 |
| Revenue Growth % YoY | 16.5% |
| Gross Margin | 46.2% |
| EBITDA Margin | 10.7% |
| Net Margin | 4.1% |
Overview
| Location | Number of Plants | Number of Offices | Total |
| National | 14 | 27 | 41 |
| International | 1 | 1 | 2 |
| Location | Number |
| National (No. of states) | 27 |
| National (No. of UTs) | 7 |
| National (No. of Districts) | 620+ |
| International (No. of countries) | 20 |
| Product Category | Number of Manufacturing Facilities |
| Plywood | 8 units (includes one unit in Gabon) |
| Laminate | 2 units |
| MDF | 2 units |
| Particle Board | 2 units |
Plywood Manufacturing Facilities
|
Laminates Manufacturing Facilities
|
MDF Manufacturing Facilities
|
Particle Board Manufacturing Facilities
|
Our Distribution Model
|
Our Distribution Network
|
02
Earning Calls Summary
Q1 FY 2027
Q1 Revenue Surges 33.5% to ₹1,561 Cr; PAT Up 57%
Management opened noting the company has started the new financial year with another quarter of strong execution, delivering its highest-ever quarterly consolidated revenue. The company also launched the industry's first Total Cover Assurance Program for Club Prime Plywood, reflecting confidence in product quality and reinforcing customer trust.
Q1 FY27 REVENUE GROWTH
33.5% YoY to ₹1,561 crores
PLYWOOD EBITDA MARGIN (Q1)
16.9% (highest in industry)
ROCE (Q1)
14.4% (up from 13.4% previously)
Key Takeaway: Q1 FY27 consolidated revenue grew 33.5% YoY to ₹1,561 crores (highest-ever quarterly) with EBITDA margin of 13.0% and PAT up 57% YoY to ₹83.3 crores. Plywood revenue grew 32.4% YoY with 16.9% EBITDA margin (highest in industry), while MDF capacity was expanded from 700 CBM to 950 CBM per day at the Andhra plant.
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