Century Plyboards (India) Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹14,256 Cr
- P/E
- 48.05
- ROE
- 10.79%
- PEG
- -3.96
- Price to sales
- 2.48
- Debt to equity
- 0.68
- 52W high / low
- ₹844 / ₹634
- Sales growth (5Y)
- 20.43%
- EBITDA margin
- 12.44%
- Net profit margin
- 5.08%
- Promoter holding
- 71.83%
- Sales (last year)
- ₹5,789 Cr
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]
Guidance scorecard · Q1 FY27 call
What Century Plyboards (India) Ltd's management guided
and where it ranks in Consumer Durables
Consumer Durables
RevenueQ1 FY27 call
20–40%- Plywood business aims to grow by 12%-15% year-on-year over the next 4-5 years to reach 15% market share from current ~10%.
- Industry plywood growth estimated at 5%-7%, company outperformance driven by pricing and market share gains.
- MDF business expects strong growth trajectory, though no formal guidance due to volatility; targeting 15%+ margins. Capacity expansion ongoing.
- Particle board revenues grew sharply (155% YoY), with improving utilization and acceptance; profitability expected to improve with scale.
- Laminate segment targeting volume growth in domestic (thin laminate) and export (compact laminate), despite recent volume adjustments.
2 more points from Century Plyboards (India) Ltd's call on revenue
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MarginsQ1 FY27 call
FlatSee what Century Plyboards (India) Ltd said on margins — free account, 30 seconds.
CapexQ1 FY27 call
Planned- Planned capex includes a plywood plant in Uttar Pradesh, expected to go live by Q1 FY28, contingent on land acquisition by year-end.
- MDF project in UP is planned but with a lag compared to the plywood unit; timeline not yet finalized.
- No large capex currently planned for MDF and particle board segments; focus on increasing capacity utilization and operational efficiencies.
- Minor brownfield capex ongoing, such as finishing the Hoshiarpur plant and small investments (e.g., INR25 crore for an additional press in laminates).
- Total incremental capex estimated around INR200 crores for the plywood unit in UP.
2 more points from Century Plyboards (India) Ltd's call on capex
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FundraisingQ1 FY27 call
None plannedSee what Century Plyboards (India) Ltd said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
Ask what Century Plyboards (India) Ltd said on the order book →
Full Q1 FY27 analysisRanges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Consumer Durables
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Consumer Durables companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹166 Cr | 20.3 | |
| 2 | 40%+ | Up 2%+ | ₹100 Cr | 12.7 | |
| 3 | 40%+ | Up 0–2% | ₹3,249 Cr | 17.4 | |
| 4 | 40%+ | Up 0–2% | ₹2,081 Cr | 18.8 | |
| 5 | 40%+ | Flat | ₹2,429 Cr | 41.1 | |
| 6 | 40%+ | Flat | ₹2,163 Cr | 25.6 |
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Pro shows every company guiding 40%+ revenue growth →Full Consumer Durables rankingFinancials of Century Plyboards (India) Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Century Plyboards (India) Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 965 | 891 | 997 | 937 | 1,061 | 1,005 | 1,184 | 1,140 | 1,198 | 1,169 | 1,386 | 1,350 | 1,492 |
| Expenses + | 802 | 758 | 853 | 831 | 923 | 894 | 1,072 | 1,011 | 1,064 | 1,041 | 1,211 | 1,180 | 1,315 |
| Operating Profit | 164 | 133 | 144 | 106 | 137 | 111 | 111 | 130 | 135 | 128 | 175 | 170 | 177 |
| OPM % | 17% | 15% | 14% | 11% | 13% | 11% | 9% | 11% | 11% | 11% | 13% | 13% | 12% |
| Other Income + | 16 | 12 | 15 | 9 | 8 | -5 | -2 | 2 | 2 | 2 | 2 | -6 | 5 |
| Interest | 4 | 6 | 6 | 8 | 10 | 15 | 17 | 18 | 19 | 22 | 31 | 31 | 29 |
| Depreciation | 20 | 23 | 23 | 23 | 25 | 34 | 34 | 34 | 36 | 37 | 48 | 48 | 49 |
| Profit before tax | 155 | 116 | 129 | 84 | 110 | 58 | 58 | 80 | 82 | 71 | 98 | 85 | 104 |
| Tax % | 26% | 25% | 25% | 26% | 28% | 41% | 31% | 26% | 35% | 26% | 28% | 23% | 23% |
| Net Profit + | 115 | 87 | 97 | 63 | 78 | 34 | 40 | 59 | 53 | 53 | 71 | 65 | 79 |
| EPS in Rs | 5.16 | 3.91 | 4.36 | 2.84 | 3.58 | 1.55 | 1.80 | 2.63 | 2.36 | 2.33 | 3.10 | 2.87 | 3.51 |
Financials of Century Plyboards (India) Ltd
Profit & Loss
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Operating Profit | 256 | 290 | 313 | 332 | 305 | 280 | 336 | 532 | 583 | 521 | 487 | 650 |
| OPM % | 16% | 18% | 17% | 16% | 13% | 12% | 16% | 18% | 16% | 13% | 11% | 12% |
| Other Income + | 18 | 6 | 22 | 7 | 3 | 13 | 6 | 21 | 23 | 44 | -4 | 3 |
| Interest | 46 | 48 | 30 | 36 | 47 | 39 | 13 | 11 | 17 | 31 | 69 | 113 |
| Depreciation | 48 | 47 | 59 | 91 | 59 | 76 | 69 | 74 | 78 | 95 | 137 | 182 |
| Profit before tax | 180 | 200 | 245 | 212 | 202 | 177 | 260 | 468 | 512 | 439 | 277 | 357 |
| Tax % | 16% | 15% | 21% | 22% | 26% | 29% | 26% | 33% | 26% | 26% | 33% | 25% |
| Net Profit + | 150 | 170 | 193 | 166 | 149 | 125 | 191 | 313 | 377 | 325 | 186 | 268 |
| EPS in Rs | 6.70 | 7.60 | 8.57 | 7.34 | 6.68 | 6.78 | 8.62 | 14.09 | 16.93 | 14.69 | 8.34 | 11.82 |
| Dividend Payout % | 30% | 13% | 12% | 14% | 15% | 15% | 12% | 11% | 6% | 7% | 12% | 8% |
Financials of Century Plyboards (India) Ltd
Balance Sheet
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 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 | 1,885 | 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 | 482 | 574 | 617 | 729 |
| Total Liabilities | 1,067 | 1,175 | 1,584 | 1,723 | 1,811 | 1,660 | 1,811 | 2,230 | 2,716 | 3,556 | 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 | 1,373 | 1,793 | 2,106 |
| Total Assets | 1,067 | 1,175 | 1,584 | 1,723 | 1,811 | 1,660 | 1,811 | 2,230 | 2,716 | 3,556 | 4,568 | 5,104 |
Financials of Century Plyboards (India) Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 149 | 293 | 220 | 305 | 266 | 400 | 371 | 276 | 438 | 252 | -3 | 457 |
| Cash from Investing Activity + | 13 | -139 | -304 | -250 | -147 | -25 | -226 | -320 | -480 | -578 | -678 | -425 |
| Cash from Financing Activity + | -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% |
Financials of Century Plyboards (India) Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 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 | 11 | 5 | 2 |
| ROCE % | 25% | 26% | 23% | 18% | 17% | 14% | 20% | 30% | 27% | 18% | 10% | 11% |
Guidance history
How Century Plyboards (India) Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 20–40% | Flat | Planned | None planned | — |
| Q4 FY26 call → | 10–20% | Flat | Planned | Planned | — |
| Q3 FY26 call → | 20–40% | Flat | Planned | — | — |
| Q2 FY26 call → | 20–40% | Flat | Planned | — | — |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
14 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | −14.3% | 44% |
| Last 6 months | −22.0% | 17% |
| Last 3 months | −17.9% | 23% |
The price is 29.1% below its all-time high of ₹906.1 (11 Oct 2024). Stocks more than 20% below their peak have their score halved, so 29 became 14.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Century Plyboards (India) Ltd: 0.4 × 44 + 0.4 × 17 + 0.2 × 23 = 29, halved to 14 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 28 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Century Plyboards (India) Ltd's management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q1 FY26 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q2 FY26 earnings call analysis →
- Q4 FY25 earnings call →
- Q3 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
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