Century Plyboards logo

Century Plyboards

CENTURYPLY NSE

Key Fundamentals

SmallcapPlywood Boards & LaminatesConsumer Goods
Market Cap
₹15,078 Cr
Volatility
Moderate
P/E Ratio
50.91
EBITDA
₹661 Cr
Return on Equity
10.2%
Debt to Equity
0.68
Book Value
₹117.47
EPS
₹12.61
52W High
₹859
52W Low
₹618.5

Tapetide Score

Data-driven rating, 0–100. How it works →

Key Insights

Weaknesses

4
  • Stock is trading at 5.67 times its book value
  • Company has a low return on equity of 11.5% over last 3 years.
  • Company might be capitalizing the interest cost
  • Dividend payout has been low at 9.10% of profits over last 3 years

Growth Rate

Revenue Growth
19.16% higher than 3Y
Net Income Growth
44.17% higher than 3Y
Cash Flow Change
—
ROE
30.43% higher than 3Y
ROCE
24.68% higher than 3Y
EBITDA Margin (Avg.)
11.6% higher than 3Y

AI Analysis — Bull vs Bear

6d ago
AI opinion · based on fundamentals
Risk medium

Century Plyboards has a market capitalisation of about ₹15,454 crore. It trades at a P/E of 51.6x and 5.9x book value, with a dividend yield of 0.14%. Sales have compounded at 23% TTM, 14% over 3 years and 20% over 5 years, and TTM profit growth is 46%. Against this, 3-year profit CAGR is -12% and ROE has fallen from a 10-year average of 16% to 11% last year. The stock has returned -13% over the past year and 3% annualised over 3 years.

Bull Case 7
  • TTM profit growth of 46% points to an earnings recovery after a weak multi-year stretch. This could mean margins are normalising as new capacity ramps up.
  • TTM sales growth of 23% is well above the 10-year sales CAGR of 13%, which suggests steady demand for its plywood, laminates, MDF and particle board products.
  • 5-year sales CAGR of 20% shows the company has kept expanding revenue across business cycles.
  • The 10-year average ROE of 16% and 5-year average of 15% suggest the business has produced mid-teen returns before. The current 11% may reflect a capex-heavy phase rather than a permanent decline.
  • The stock has compounded at 10% a year over 10 years, which shows it has created wealth over the long term despite recent underperformance.
  • The stock is down 13% over one year while TTM profit is up 46%, so part of the valuation premium has been cut back relative to earnings momentum.
  • At about ₹15,454 crore market cap, Century Plyboards is one of the larger organised players in Indian wood panels. That leaves room to gain share from the unorganised segment as formalisation continues.
Bear Case 8
  • A P/E of 51.6x is a steep multiple for a company whose 3-year profit CAGR is -12%. It leaves little room for execution slippage.
  • Price-to-book of 5.91x is high given the 3-year average ROE of about 11.5%. Investors are paying a large premium over book value for returns that are only modest.
  • ROE has fallen steadily: 16% over 10 years, 15% over 5 years, 12% over 3 years and 11% last year. This points to weakening capital efficiency.
  • Profit has grown far more slowly than sales over the long run: 10-year profit CAGR is 5% against 13% for sales, and 5-year profit CAGR is 6% against 20% for sales. This suggests persistent margin pressure.
  • The company may be capitalising interest cost. If so, reported profits could be flattered during the capex phase, and depreciation and interest charges could rise once the assets are commissioned.
  • Dividend payout has averaged only 9.10% of profits over 3 years, and the dividend yield is 0.14%. That gives income-focused shareholders very little return.
  • 3-year stock CAGR of 3% trails sales growth by a wide margin, and the stock is down 13% over one year. Price performance has been weak recently.
  • The 46% TTM profit growth comes off a depressed base, given the -12% 3-year profit CAGR. It may not yet show that earnings power has recovered sustainably.

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

1d ago
Neutral 1
  • All AGM resolutions passed Sep 16

    Century Plyboards held its 45th AGM on September 16, 2026. Shareholders approved the FY26 financials, the dividend declaration and the re-appointment of key directors and executives.

TL;DR: The only news item is a routine AGM where shareholders approved every resolution. That points to stable governance and continued dividend payouts. The article gives no operating numbers, demand trends or cost data, so it can't tell us whether fundamentals are getting better or worse. The next quarterly results should show more about plywood and laminate demand and margin direction.

Quarterly Results

Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
891
997
937
1,061
1,005
1,184
1,140
1,198
1,169
1,386
1,350
1,492
1,561
Expenses
758
853
831
923
894
1,072
1,011
1,064
1,041
1,211
1,180
1,315
1,364
Operating Profit
133
144
106
137
111
111
130
135
128
175
170
177
198
OPM %
15%
14%
11%
13%
11%
9%
11%
11%
11%
13%
13%
12%
13%
Other Income
12
15
9
8
-5
-2
2
2
2
2
-6
5
2
Interest
6
6
8
10
15
17
18
19
22
31
31
29
30
Depreciation
23
23
23
25
34
34
34
36
37
48
48
49
54
PBT
116
129
84
110
58
58
80
82
71
98
85
104
116
Tax %
25%
25%
26%
28%
41%
31%
26%
35%
26%
28%
23%
23%
28%
Net Profit
87
97
63
78
34
40
59
53
53
71
65
79
83
EPS in Rs
3.91
4.36
2.84
3.58
1.55
1.8
2.63
2.36
2.33
3.1
2.87
3.51
3.61
Figures in ₹ Crores

Profit & Loss

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
1,588
1,641
1,818
2,024
2,280
2,317
2,130
3,027
3,647
3,886
4,528
5,397
5,789
Expenses
1,333
1,351
1,506
1,692
1,975
2,037
1,795
2,495
3,064
3,365
4,041
4,746
5,069
Operating Profit
256
290
313
332
305
280
336
532
583
521
487
651
720
OPM %
16%
18%
17%
16%
13%
12%
16%
18%
16%
13%
11%
12%
12%
Other Income
18
6
22
7
3
13
6
21
23
44
-4
2
3
Interest
46
48
30
36
47
39
13
11
17
31
69
113
121
Depreciation
48
47
59
91
59
76
69
74
78
95
137
182
200
PBT
180
200
245
212
202
177
260
468
512
439
277
357
403
Tax %
16%
15%
21%
22%
26%
29%
26%
33%
25%
26%
33%
25%
—
Net Profit
150
170
193
166
149
125
191
313
384
325
186
268
299
EPS in Rs
6.7
7.6
8.57
7.34
6.68
6.78
8.62
14.09
17.25
14.69
8.34
11.82
13.09
Div. Payout %
30%
13%
12%
14%
15%
15%
12%
11%
6%
7%
12%
8%
—
Figures in ₹ Crores

Balance Sheet

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
22
22
22
22
22
22
22
22
22
22
22
22
Reserves
367
507
693
829
953
1,068
1,245
1,535
1,892
2,189
2,343
2,588
Borrowings
514
474
611
575
532
295
165
236
327
771
1,586
1,765
Other Liabilities
164
171
257
296
304
274
379
437
475
569
617
697
Total Liabilities
1,067
1,175
1,584
1,723
1,811
1,660
1,811
2,230
2,716
3,552
4,568
5,072
Fixed Assets
246
250
312
655
843
785
762
776
1,069
1,913
2,042
2,804
CWIP
33
102
299
126
27
16
28
177
236
267
730
188
Investments
0
6
0
0
0
0
111
0
0
3
3
6
Other Assets
788
816
972
942
941
859
910
1,277
1,411
1,369
1,793
2,074
Total Assets
1,067
1,175
1,584
1,723
1,811
1,660
1,811
2,230
2,716
3,552
4,568
5,072
Figures in ₹ Crores

Cash Flow

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
149
293
220
305
266
400
371
276
438
252
-3
457
Investing
13
-139
-304
-250
-147
-25
-226
-320
-480
-578
-678
-425
Financing
-158
-153
112
-100
-116
-377
-140
35
39
353
660
-22
Net Cash Flow
4
1
28
-46
3
-2
4
-9
-3
27
-21
10
Free Cash Flow
156
143
-84
60
109
377
317
19
-45
-593
-666
47
CFO/OP
71
117
84
109
102
158
124
72
95
71
22
86
Figures in ₹ Crores

Ratios

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
62
63
69
64
47
40
52
42
39
39
40
42
Inventory Days
144
133
123
142
146
125
130
128
101
116
148
143
Days Payable
27
38
57
65
51
48
73
61
52
51
54
53
Cash Conversion Cycle
179
157
134
141
143
118
108
109
87
104
135
131
Working Capital Days
21
22
21
26
24
40
42
39
26
12
5
2
ROCE %
25%
26%
23%
18%
17%
14%
20%
30%
27%
18%
10%
11%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Century Plyboards insights

64 extracted metrics + investor summaries across FY12–FY27.

Log in — free

Shareholding Pattern

Others2.40%Promot.71.83%Public2.51%FIIs3.86%DIIs19.41%As ofJun 2026

Documents

Frequently Asked Questions about Century Plyboards

What does Century Plyboards (India) Ltd do?
Century Plyboards India Ltd was incorporated in January 1982 by Mr. Sajjan Bhajanka and Mr. Sanjay Agarwal. The company has a diversified portfolio & manufactures plywood, veneer, laminates, medium density fibre (MDF), particle board and allied products. [1]
Where is Century Plyboards (India) Ltd (CENTURYPLY) listed?
Century Plyboards (India) Ltd trades as CENTURYPLY on the NSE and under code 532548 on the BSE.
Which sector does Century Plyboards (India) Ltd belong to?
Century Plyboards (India) Ltd is classified under the Consumer Goods sector, in the Plywood Boards & Laminates industry.
What is the market capitalisation of Century Plyboards (India) Ltd?
Century Plyboards (India) Ltd has a market capitalisation of ₹15,078 Cr, which places it in the Mid Cap band.
What is the PE ratio of Century Plyboards (India) Ltd?
Century Plyboards (India) Ltd trades at a PE ratio of 50.91, on earnings per share of ₹12.61, against a book value of ₹117.47 per share.
What is the 52-week high and low of Century Plyboards (India) Ltd?
Over the last 52 weeks Century Plyboards (India) Ltd has traded between ₹618.5 and ₹859.
Does Century Plyboards (India) Ltd pay dividends?
Century Plyboards (India) Ltd has a dividend yield of 0.15%.
What is the Return on Equity (ROE) of Century Plyboards (India) Ltd?
Century Plyboards (India) Ltd reported a return on equity of 10.20%. Its debt-to-equity ratio is 0.68.

Company Information

Century Plyboards India Ltd was incorporated in January 1982 by Mr. Sajjan Bhajanka and Mr. Sanjay Agarwal. The company has a diversified portfolio & manufactures plywood, veneer, laminates, medium density fibre (MDF), particle board and allied products. [1]

Website centuryply.com
CEO Mr. Sajjan Bhajanka
Employees 7,396
Listed 2004-10-27
Face Value ₹ 1
Issued Size 22,21,72,990

For AI agents and developers

Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/CENTURYPLY.md for Century Plyboards (India) Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.

Append .md to any Tapetide URL for the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live, structured queries instead of documents, use our MCP server.

Explore More

More in Consumer Goods → FII DII Data Stock Screener Nifty 50 Heatmap F&O Ban List