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Century Plyboard

Q2 FY26

Century Plyboard Q2 FY26 earnings call: Revenue & Margins

Q2 FY26 earnings call: what management said on revenue, margins and capex.

Price₹673
Market cap₹15.0K Cr
P/E50.4
Updated16 Oct 2026
Read3 min read

The short version

Century Plyboards expects growth momentum to continue across all major business segments supported by rising urbanization, higher disposable income, and increased preference for branded/premium products. Expectation of sustaining strong growth momentum across all business segments in coming quarters (Page 13).

From Century Plyboard's Q2 FY26 earnings-call transcript · updated 16 Oct 2026.

Revenue & Sales Performance

  • Century Plyboards expects growth momentum to continue across all major business segments supported by rising urbanization, higher disposable income, and increased preference for branded/premium products.
  • Plywood segment reported 16% YoY and 17.5% QoQ revenue growth, with healthy volume growth and improved distribution.
  • Laminates show steady improvement in volume and profitability, driven by premium product mix and market expansion.
  • MDF business delivered 27.9% YoY and 32.4% QoQ revenue growth with plant utilization improvements; expects further growth with upcoming capacity extension.
  • Particle Board segment recently began commercial production; confident of ramping up sales and achieving guidance of about 40% sales growth in FY26.

2 more points from Century Plyboard's call on revenue

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Profitability & Margins

See what Century Plyboard said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Capex is ongoing for a plywood factory in Hoshiarpur, currently under construction.
  • No immediate plans for particle board capacity expansion; focus is on MDF and plywood.
  • MDF line extension planned to increase South plant capacity by about 25%, expected in H1 next year, not in H2 of the current year.
  • Discussions are ongoing regarding future MDF capacity expansions, possibly a new plant around FY '28, but no concrete decisions yet.
  • Future growth depends on investments in manufacturing capacity as no trading-led growth is possible.
  • Management emphasizes investing in brand building, technology upgrades, and distribution enhancement for sustainable growth.

2 more points from Century Plyboard's call on capex

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Century Plyboard — Quarterly revenue & net profit

Revenue Net profit
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹1.5K Cr, net profit ₹79 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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What Century Plyboards (India) Ltd's management said in earlier quarters

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Frequently Asked Questions

What were Century Plyboard Q2 FY26 results?

Century Plyboards expects growth momentum to continue across all major business segments supported by rising urbanization, higher disposable income, and increased preference for branded/premium products. Expectation of sustaining strong growth momentum across all business segments in coming quarters (Page 13).

What is Century Plyboard share price analysis?

Century Plyboard currently shows a neutral. The stock trades at a P/E of 50.4 with a market cap of ₹14,956 Cr. Investors should review the full earnings analysis for detailed insights.

Is Century Plyboard planning capital expenditure?

Capex is ongoing for a plywood factory in Hoshiarpur, currently under construction.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.