Century Plyboard

Why is Century Plyboards (India) Ltd falling/rising?

As of 23-Jun, Century Plyboards (India) Ltd's stock price is declining at 744.55, down 1.79%, due to underperformance against the sector, trading below moving averages, and reduced investor participation. Despite strong fundamentals, negative sentiment prevails, leading to the stock's current bearish trend.

As of 23-Jun, Century Plyboards (India) Ltd is experiencing a decline in its stock price, currently at 744.55, which reflects a change of -13.6 or -1.79%. This downward movement can be attributed to several factors. <BR><BR>Firstly, the stock has underperformed relative to the sector, with a performance today that is -0.81% lower than its peers. Additionally, Century Plyboard is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. <BR><BR>Moreover, there has been a significant drop in investor participation, as evidenced by a delivery volume of 13.86 thousand on June 22, which marks a decline of -56.16% compared to the 5-day average delivery volume. This reduction in trading activity suggests a lack of confidence among investors.<BR><BR>While the company has demonstrated strong fundamentals, such as a low Debt to EBITDA ratio of 2.71 times and healthy long-term growth in net sales at an annual rate of 20.43%, these positive factors have not been sufficient to counteract the current negative sentiment reflected in the stock's price movement. Overall, the combination of underperformance against the sector, declining investor participation, and trading below moving averages contributes to the stock's current decline.

Which are the latest news on Century Plyboard?

What does Century Plyboard do?

Century Plyboards (India) Ltd manufactures and sells plywood, laminates, and related products, operating as a small-cap company with a market cap of INR 16,930 Cr. As of March 2026, it reported net sales of 1,492 Cr and a net profit of 78 Cr.

Overview:<BR>Century Plyboards (India) Ltd is primarily engaged in the manufacturing and sale of plywood, laminates, and other related products, operating within the plywood boards/laminates industry and categorized as a small-cap company.<BR><BR>History:<BR>Century Plyboards (India) Ltd was incorporated in an unspecified year and has maintained its status as a key player in the plywood and laminates market. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 1,492 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 78 Cr (Quarterly Results - Mar 2026)<BR>- Market cap: INR 16,930 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 62.00<BR>- Industry P/E: 53<BR>- Dividend Yield: 0.13%<BR>- Debt Equity: 0.65<BR>- Return on Equity: 10.29%<BR>- Price to Book: 6.42<BR><BR>Contact Details:<BR>Address: P-15/1 Taratala Road, Kolkata, West Bengal: 700088 <BR>Tel: 91-033-39403950/22104321/26 <BR>Email: investors@centuryply.com/kolkata@ce <BR>Website: http://www.centuryply.com

How big is Century Plyboard?

As of 10th June, Century Plyboards (India) Ltd has a market capitalization of 16,930.00 Cr, with net sales of 5,397.18 Cr and a net profit of 262.71 Cr reported in the latest four quarters. The company has shareholder's funds of 2,365.12 Cr and total assets of 4,568.21 Cr for the annual period ending in March 2025.

As of 10th June, Century Plyboards (India) Ltd has a market capitalization of 16,930.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, the company reported net sales of 5,397.18 Cr and a net profit of 262.71 Cr.<BR><BR>For the latest annual period ending in March 2025, Century Plyboards reported shareholder's funds of 2,365.12 Cr and total assets amounting to 4,568.21 Cr.

Who are in the management team of Century Plyboard?

The management team of Century Plyboard includes Chairman Sajjan Bhajanka, Managing Director & CEO Sanjay Agarwal, and several Executive Directors such as Prem Kumar Bhajanka and Vishnu Khemani, along with independent non-executive directors. Sundeep Jhunjhunwala serves as the Company Secretary and Compliance Officer.

The management team of Century Plyboard includes the following key members:<BR><BR>1. **Sajjan Bhajanka** - Chairman / Executive Director<BR>2. **Sanjay Agarwal** - Managing Director & CEO<BR>3. **Prem Kumar Bhajanka** - Executive Director & Managing Director<BR>4. **Vishnu Khemani** - Executive Director & Managing Director<BR>5. **Keshav Bhajanka** - Executive Director<BR>6. **Ajay Baldawa** - Executive Director<BR>7. **Nikita Bansal** - Executive Director<BR>8. **Rajesh Kumar Agarwal** - Executive Director<BR><BR>Additionally, the board includes several independent non-executive directors:<BR><BR>1. **J P Dua**<BR>2. **Vijay Chhibber**<BR>3. **Debanjan Mandal**<BR>4. **Sunil Mitra**<BR>5. **Probir Roy**<BR>6. **Amit Kiran Deb**<BR>7. **Naresh Pachisia**<BR>8. **Ratnabali Kakkar**<BR><BR>The company also has a Company Secretary and Compliance Officer, **Sundeep Jhunjhunwala**. This team plays a crucial role in guiding the company's strategic direction and operations.

Who are the peers of the Century Plyboard?

Century Plyboard's peers include Greenlam Industries, Stylam Industries, Greenply Industries, and others. In terms of performance, Stylam Industries leads with an 80.17% return, while Century Plyboard has a -4.08% return, better than Rushil Decor's -52.26%.

Peers: The peers of Century Plyboard are Greenlam Industr, Stylam Industrie, Greenply Industr, Greenpanel Inds., Rushil Decor, Archidply Inds., Ecoboard Inds., Duroply Indust., and Airo Lam.<BR><BR>Quality Snapshot: Excellent management risk is observed at Century Plyboard, Stylam Industrie, Greenpanel Inds., and the rest. Good growth is noted at Century Plyboard and Stylam Industrie, while Average growth is found at Stylam Industrie, and the rest. Excellent capital structure is seen at Century Plyboard, Stylam Industrie, and Greenpanel Inds., while Average capital structure is noted at Greenlam Industr and Greenply Industr, and the rest.<BR><BR>Return Snapshot: Stylam Industrie has the highest 1-year return at 80.17%, while Rushil Decor has the lowest at -52.26%. Century Plyboard's 1-year return of -4.08% is better than Rushil Decor's but worse than Stylam Industrie’s. Additionally, Greenpanel Inds., Rushil Decor, Archidply Inds., Duroply Indust., and Airo Lam all have negative six-month returns.

Are Century Plyboards (India) Ltd latest results good or bad?

Century Plyboards (India) Ltd's latest Q4 FY26 results are generally positive, with a 48.81% increase in net profit and a 24.52% rise in revenue, though operating margins have contracted and rising costs present challenges. While the company shows strong fundamentals, investors should be cautious of margin pressures and high market expectations.

Century Plyboards (India) Ltd's latest results for Q4 FY26 can be considered good overall, although there are some underlying challenges to note. The company reported a net profit of ₹78.08 crore, reflecting a significant year-on-year growth of 48.81%. Revenue also saw a robust increase of 24.52% year-on-year, reaching ₹1,492.21 crore, which is a quarterly high for the company.<BR><BR>Operating margins improved slightly to 11.89% compared to 11.23% in the same quarter last year, but they did contract from 12.61% in the previous quarter, indicating some pressure on profitability. Additionally, the company's return on equity (ROE) stands strong at 15.97%, showcasing efficient capital deployment.<BR><BR>However, it's important to highlight some concerns. The company has faced significant challenges in maintaining margins, with a full-year operating margin of 10.7% in FY25, down from 13.4% in FY24. Rising interest expenses, which nearly doubled year-on-year, and increased employee costs have also put pressure on profitability.<BR><BR>In terms of stock performance, Century Plyboards has delivered modest returns of 1.05% over the past year, outperforming the Sensex's decline. The stock currently trades at a premium valuation, with a trailing P/E ratio of 70x, which suggests that while the company has strong fundamentals, the market has high expectations for future growth.<BR><BR>In summary, while Century Plyboards has shown strong revenue and profit growth, the challenges related to margin compression and rising costs warrant close monitoring. The overall outlook remains cautiously optimistic, but investors should be aware of the potential risks involved.

Should I buy, sell or hold Century Plyboards (India) Ltd?

When is the next results date for Century Plyboards (India) Ltd?

The next results date for Century Plyboards (India) Ltd is 22 May 2026.

The next results date for Century Plyboards (India) Ltd is scheduled for 22 May 2026.

Is Century Plyboard overvalued or undervalued?

As of November 25, 2025, Century Plyboard is considered overvalued with a high PE ratio of 75.28 and unfavorable valuation metrics compared to peers, indicating a shift from attractive to fair valuation despite recent strong performance.

As of 25 November 2025, Century Plyboard's valuation grade has moved from attractive to fair, indicating a shift in its perceived value. The company is currently deemed overvalued, primarily due to its high PE ratio of 75.28, a Price to Book Value of 7.07, and an EV to EBITDA ratio of 33.55. These figures suggest that the stock is priced significantly higher compared to its earnings and book value, which raises concerns about its sustainability at current levels.<BR><BR>In comparison to its peers, Century Plyboard's valuation metrics stand out unfavorably. For instance, Greenply Industries, rated as attractive, has a PE ratio of 44.25, while Greenpanel Industries, rated very attractive, boasts a much lower PE ratio of 21.96. This stark contrast highlights Century Plyboard's overvaluation in relation to its competitors. Additionally, despite a strong performance in recent periods, including a 10.67% return over the past year compared to the Sensex's 5.59%, the company's elevated valuation ratios suggest that investors should exercise caution moving forward.

Is Century Plyboard technically bullish or bearish?

As of November 24, 2025, Century Plyboard shows a mildly bullish trend driven by daily moving averages, though caution is advised due to mixed signals from weekly and monthly indicators.

As of 24 November 2025, the technical trend for Century Plyboard has changed from sideways to mildly bullish. The current stance is mildly bullish, primarily driven by the daily moving averages indicating bullish momentum. However, the weekly and monthly MACD and KST are both mildly bearish, suggesting some caution. The Dow Theory indicates a mildly bullish trend on the weekly timeframe, while the monthly shows no trend. Overall, the mixed signals from various indicators suggest a cautious bullish outlook, with strength primarily in the daily moving averages.

How has been the historical performance of Century Plyboard?

Century Plyboard has shown significant growth in net sales, reaching 4,527.80 Cr in Mar'25, but faced declining profitability with profit after tax dropping to 186.08 Cr and negative cash flow of -2.00 Cr. Despite increased total assets, rising costs have pressured operating margins and overall financial performance.

Answer:<BR>The historical performance of Century Plyboard shows significant growth in net sales and total operating income over the years, with net sales reaching 4,527.80 Cr in Mar'25, up from 3,885.95 Cr in Mar'24 and 3,646.57 Cr in Mar'23. However, total expenditure also increased, leading to an operating profit of 496.83 Cr in Mar'25, down from 564.73 Cr in Mar'24. Profit before tax decreased to 277.28 Cr in Mar'25 from 439.16 Cr in Mar'24, and profit after tax also fell to 186.08 Cr from 325.33 Cr in the same period. The earnings per share (EPS) dropped to 8.33 in Mar'25 from 14.67 in Mar'24, reflecting the decline in profitability. On the balance sheet, total assets rose to 4,568.21 Cr in Mar'25, up from 3,556.12 Cr in Mar'24, driven by increases in inventories and long-term borrowings, which reached 428.22 Cr. Total liabilities also increased to 4,568.21 Cr in Mar'25 from 3,556.12 Cr in Mar'24. Cash flow from operating activities turned negative at -2.00 Cr in Mar'25, contrasting with 251.00 Cr in Mar'24, indicating challenges in cash generation.<BR><BR>Breakdown:<BR>Century Plyboard's financial trajectory illustrates a robust increase in net sales, which climbed from 2,280.39 Cr in Mar'19 to 4,527.80 Cr in Mar'25, reflecting a consistent upward trend. Despite this growth, the company faced rising costs, with total expenditure escalating from 1,978.79 Cr in Mar'19 to 4,041.25 Cr in Mar'25, leading to a decline in operating profit margins from 13.4% in Mar'24 to 10.75% in Mar'25. Profit before tax and profit after tax both saw reductions, indicating pressure on profitability, with profit after tax falling from 376.98 Cr in Mar'23 to 186.08 Cr in Mar'25. The balance sheet reveals a significant increase in total assets, which rose from 2,716.04 Cr in Mar'23 to 4,568.21 Cr in Mar'25, primarily due to higher inventories and increased borrowings. Cash flow from operating activities deteriorated sharply, reflecting challenges in maintaining liquidity, as evidenced by a negative cash flow of -2.00 Cr in Mar'25. Overall, while Century Plyboard has expanded its revenue base, it faces challenges in profitability and cash flow management.

How has been the historical performance of Century Plyboard?

Century Plyboard has shown significant growth in net sales, reaching 4,527.80 Cr in March 2025, but faced declines in operating profit and net income due to rising expenditures, with cash flow from operating activities turning negative at -2.00 Cr. Total assets and liabilities increased, indicating potential leverage concerns.

Answer:<BR>The historical performance of Century Plyboard shows significant growth in net sales and total operating income over the years, with net sales reaching 4,527.80 Cr in March 2025, up from 3,885.95 Cr in March 2024 and 3,646.57 Cr in March 2023. However, total expenditure also increased, leading to a decline in operating profit, which was 486.55 Cr in March 2025 compared to 520.84 Cr in March 2024. Profit before tax decreased to 277.28 Cr in March 2025 from 439.16 Cr in March 2024, and profit after tax fell to 186.08 Cr from 325.33 Cr in the same period. The company's total assets grew to 4,568.21 Cr in March 2025, up from 3,556.12 Cr in March 2024, while total liabilities also increased to 4,568.21 Cr from 3,556.12 Cr. Cash flow from operating activities turned negative at -2.00 Cr in March 2025, contrasting with 251.00 Cr in March 2024.<BR><BR>Breakdown:<BR>Century Plyboard has demonstrated a robust increase in net sales, which rose from 2,280.39 Cr in March 2019 to 4,527.80 Cr in March 2025, indicating a strong upward trend. Despite this growth in revenue, the total expenditure also escalated, leading to a decrease in operating profit from 520.84 Cr in March 2024 to 486.55 Cr in March 2025. Profit before tax and profit after tax both saw declines, with profit before tax dropping from 439.16 Cr to 277.28 Cr and profit after tax from 325.33 Cr to 186.08 Cr over the same period. The company's total assets increased significantly, reflecting growth in its balance sheet, while total liabilities rose concurrently, indicating a potential increase in leverage. The cash flow from operating activities turned negative in March 2025, contrasting sharply with the positive cash flow seen in the previous year, suggesting challenges in cash generation despite the increase in sales.

Who are the top shareholders of the Century Plyboard?

The top shareholders of Century Plyboard include promoters, with Sanjay Agarwal holding 11.22%, and mutual funds with a combined stake of 15.59%. Foreign Institutional Investors own 4.61%, while the highest public shareholder is Kotak Debt Hybrid at 4.43%.

The top shareholders of Century Plyboard include a mix of promoters and institutional investors. The majority shareholders are the promoters, with Sanjay Agarwal holding the highest individual stake at 11.22%. Additionally, mutual funds collectively hold 15.59% of the shares through 20 different schemes. Foreign Institutional Investors (FIIs) have a stake of 4.61%, represented by 105 FIIs. The highest public shareholder is Kotak Debt Hybrid, which holds 4.43%. Individual investors account for 2.72% of the shareholding. Overall, the ownership structure reflects a strong presence of both promoters and institutional investors.

Has Century Plyboard declared dividend?

Yes, Century Plyboards has declared a 100% dividend, amounting to ₹1 per share, with an ex-date of September 17, 2024. The dividend yield is 0.13%, and the company has shown strong total returns over various periods, particularly in the long term.

Century Plyboards (India) Ltd has declared a 100% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 100%<BR>- Amount per share: 1 per share<BR>- Ex-date: 17 Sep 24<BR><BR>Dividend Yield: 0.13%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was 0.51%, with no dividend return, resulting in a total return of 0.51%.<BR><BR>Over the past year, the price return was 17.58%, with a dividend return of 0.14%, leading to a total return of 17.72%.<BR><BR>In the 2-year period, the price return was 37.36%, with a dividend return of 0.32%, culminating in a total return of 37.68%.<BR><BR>For the 3-year period, the price return stood at 38.04%, with a dividend return of 0.70%, resulting in a total return of 38.74%.<BR><BR>In the last 4 years, the price return was 95.02%, with a dividend return of 1.11%, yielding a total return of 96.13%.<BR><BR>Over the last 5 years, the price return was an impressive 604.83%, with a dividend return of 3.78%, leading to a total return of 608.61%.<BR><BR>Overall, Century Plyboards has declared a significant dividend while also demonstrating strong total returns across various periods, particularly over the long term. The dividend yield, although modest, reflects a commitment to returning value to shareholders amidst substantial price appreciation.