Century Plyboards (India) Ltd logo

Century Plyboards (India) Ltd

CENTURYPLY NSE

Key Fundamentals

SmallcapPlywood Boards & LaminatesConsumer Goods
Market Cap
₹17,324 Cr
Volatility
Moderate
P/E Ratio
59.74
EBITDA
₹643 Cr
Return on Equity
7.82%
Debt to Equity
0.68
Book Value
₹117.47
EPS
₹12.61
52W High
₹859
52W Low
₹618.5

Insights

Beta

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

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54 extracted metrics + investor summaries across FY14–FY26.

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Tapetide Score

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

Technical Indicators

Key Insights

Weaknesses

4
  • Stock is trading at 6.66 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
18.93% ↗
Net Income Growth
41.89% ↗
Cash Flow Change
-101.08% ↘
ROE
-46.95% ↘
ROCE
-38.71% ↘
EBITDA Margin (Avg.)
8.58% ↘

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 3d ago
AI opinion · based on fundamentals
Risk medium

Century Plyboards trades at a market cap of ~₹16,900 crore with a PE of 57.3x and price-to-book of 6.56x. TTM sales growth is strong at 23% and TTM profit growth is 46%, but the 3-year compounded profit CAGR is negative at -12%, and trailing ROE has declined to ~11% from a 10-year average of 16%.

Bull Case 7
  • TTM revenue growth of 23% signals strong demand recovery across plywood, MDF, and laminates segments
  • TTM profit growth of 46% shows significant operating leverage kicking in as new capacities ramp up
  • 10-year compounded sales CAGR of 13% demonstrates consistent long-term top-line expansion
  • MDF capacity doubled to 627,000 CBM, positioning the company to capture 20%+ annual MDF demand growth
  • Company has guided 10% value growth in plywood, 20% in MDF, ~40% in particle board, and 20% in laminates for FY26
  • ₹2,500 crore investment planned over next 5 years to double revenue to ~₹12,000 crore by 2031
  • 10-year stock CAGR of 13% reflects sustained long-term wealth creation for shareholders
Bear Case 8
  • PE of 57.3x is elevated for a building materials company, leaving limited margin of safety
  • 3-year compounded profit CAGR is negative at -12%, indicating earnings volatility despite revenue growth
  • ROE has declined to 11% last year from a 10-year average of 16%, reflecting lower capital efficiency
  • Price-to-book of 6.56x is expensive relative to the declining return profile
  • Debt-to-equity ratio of ~66-67% indicates meaningful financial leverage on the balance sheet
  • Dividend payout of just 9.1% of profits over last 3 years offers negligible income return at 0.13% yield
  • Company may be capitalizing interest costs, potentially flattering reported profitability
  • 5-year compounded profit CAGR of only 6% versus 20% sales CAGR suggests margin compression over the medium term

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

AI News Digest

Anthropic anthropic claude-opus-4.6 1d ago
Positives 2
  • Q1FY27 profit surges 57% YoY Aug 2

    Consolidated net profit rose 57% YoY to ₹833 crore in Q1FY27, with revenue up 16.6% to ₹1,364 crore.

  • Targets double-digit margin by Q4 Aug 4

    Management has announced a target of achieving double-digit margins by Q4, signaling commitment to operational efficiency and margin recovery.

Neutral 4
  • Equirus & EMKAY investor conferences Aug 4

    Century Plyboards will attend Equirus Annual India Conference on Aug 14 and EMKAY Confluence 2026 on Aug 13 in Mumbai for investor meetings.

  • Senior executive resigns after 33 years Aug 1

    Senior President Ratan Rajkhowa resigned effective July 31, 2026, citing personal reasons after serving 33 years with the company.

  • AGM set for Sep 16, 2026 Jul 31

    The 45th AGM is scheduled for September 16, 2026, with the dividend record date set at September 9, 2026.

  • Q1FY27 earnings call on Aug 4 Jul 30

    Conference call scheduled for August 4, 2026, at 2:30 PM IST to discuss unaudited results for the quarter ended June 30, 2026.

TL;DR: Century Plyboards delivered a strong Q1FY27 with 57% profit growth and 16.6% revenue expansion, suggesting healthy demand and execution. Management's double-digit margin target by Q4 adds a credible profitability narrative. No material headwinds emerged this cycle, though the departure of a long-serving senior executive is worth monitoring. The trend is clearly improving, with momentum likely sustained if margin recovery stays on track.

Quarterly Results

  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

  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
4,747
5,069
Operating Profit
256
290
313
332
305
280
336
532
583
521
487
650
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
3
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

  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
729
Total Liabilities
1,067
1,175
1,584
1,723
1,811
1,660
1,811
2,230
2,716
3,552
4,568
5,104
Fixed Assets
246
250
312
655
843
785
762
776
1,069
1,913
2,042
2,813
CWIP
33
102
299
126
27
16
28
177
236
267
730
180
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
2,106
Total Assets
1,067
1,175
1,584
1,723
1,811
1,660
1,811
2,230
2,716
3,552
4,568
5,104
Figures in ₹ Crores

Cash Flow

  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

  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%

Shareholding Pattern

As of Jun 2026
Promoters 71.83%
DIIs 19.41%
FIIs 3.86%
Public 2.51%
Others 2.40%
Total 100.01%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
73.05%
73.05%
73.04%
73.04%
73.04%
73.04%
73.04%
73.04%
73.04%
73.04%
73.04%
73.04%
72.59%
72.59%
72.59%
72.64%
72.64%
72.64%
72.64%
72.64%
71.83%
71.83%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
5.45%
6.28%
4.28%
4.44%
4.54%
4.61%
4.42%
4.27%
4.10%
4.10%
3.86%
DIIs
12.22%
11.78%
13.00%
13.04%
11.05%
11.79%
12.36%
13.33%
13.72%
13.97%
14.49%
14.75%
14.51%
16.67%
16.96%
17.46%
17.59%
17.92%
18.14%
18.36%
19.17%
19.41%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
6.36%
6.54%
5.36%
5.10%
5.20%
4.92%
4.47%
4.48%
4.42%
4.24%
3.94%
3.89%
3.88%
3.75%
3.40%
2.80%
2.72%
2.61%
2.57%
2.52%
2.52%
2.51%
Others
8.38%
8.63%
8.60%
8.82%
10.70%
10.24%
10.12%
9.15%
8.82%
8.74%
8.53%
2.87%
2.74%
2.71%
2.60%
2.57%
2.44%
2.40%
2.38%
2.39%
2.39%
2.40%
No. of Shareholders
0
47,649
61,976
53,944
59,193
66,466
63,931
61,805
63,619
60,141
58,830
65,541
71,157
71,658
64,765
57,326
57,179
53,649
52,127
52,075
50,320
49,365

Documents

Frequently Asked Questions about Century Plyboards (India) Ltd

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 is listed on the Indian stock exchanges. It is listed on NSE: CENTURYPLY and BSE: 532548. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Century Plyboards (India) Ltd belong to?
Century Plyboards (India) Ltd operates in the Consumer Goods sector within the Plywood Boards & Laminates industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Century Plyboards (India) Ltd?
Century Plyboards (India) Ltd has a market capitalisation of approximately ₹17323.94 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Century Plyboards (India) Ltd?
The Price-to-Earnings (PE) ratio of Century Plyboards (India) Ltd is 59.74. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Century Plyboards (India) Ltd?
Over the past 52 weeks, Century Plyboards (India) Ltd has traded between a low of ₹618.5 and a high of ₹859. This range helps investors understand the stock's price volatility and recent trading levels.
Does Century Plyboards (India) Ltd pay dividends?
Yes, Century Plyboards (India) Ltd has a dividend yield of 0.13%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Century Plyboards (India) Ltd?
Century Plyboards (India) Ltd has a Return on Equity (ROE) of 7.82%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Century Plyboards (India) Ltd on Tapetide?
On Tapetide, you can view Century Plyboards (India) Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

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

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