Why is Century Plyboards (India) Ltd ?
1
High Management Efficiency with a high ROE of 15.97%
2
Strong ability to service debt as the company has a low Debt to EBITDA ratio of 2.90 times
3
Healthy long term growth as Net Sales has grown by an annual rate of 21.65%
4
The company declared positive results in Mar'26 after flat results in Dec'25
- NET SALES(Q) Highest at Rs 1,492.21 cr
- PBDIT(Q) Highest at Rs 177.37 cr.
- PBT LESS OI(Q) Highest at Rs 98.92 cr.
5
With ROCE of 10.2, it has a Fair valuation with a 4.6 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 1.45%, its profits have risen by 10.3% ; the PEG ratio of the company is 6.8
6
Reducing Promoter Confidence
- Promoters have decreased their stake in the company by -0.81% over the previous quarter and currently hold 71.83% of the company
- Promoters decreasing their stake may signify reduced confidence in the future of the business
How much should you hold?
- Overall Portfolio exposure to Century Plyboard should be less than 10%
- Overall Portfolio exposure to Plywood Boards/ Laminates should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Plywood Boards/ Laminates)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Century Plyboard for you?
Medium Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Century Plyboard
1.57%
0.06
28.02%
Sensex
-6.84%
-0.53
12.96%
Quality key factors
Factor
Value
Sales Growth (5y)
21.65%
EBIT Growth (5y)
17.43%
EBIT to Interest (avg)
19.20
Debt to EBITDA (avg)
1.36
Net Debt to Equity (avg)
0.64
Sales to Capital Employed (avg)
1.46
Tax Ratio
27.84%
Dividend Payout Ratio
12.01%
Pledged Shares
0
Institutional Holding
23.26%
ROCE (avg)
19.57%
ROE (avg)
15.97%
Valuation Key Factors 
Factor
Value
P/E Ratio
70
Industry P/E
55
Price to Book Value
6.85
EV to EBIT
42.09
EV to EBITDA
30.41
EV to Capital Employed
4.57
EV to Sales
3.62
PEG Ratio
6.76
Dividend Yield
0.13%
ROCE (Latest)
10.20%
ROE (Latest)
9.39%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Sideways
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
20What is working for the Company
NET SALES(Q)
Highest at Rs 1,492.21 cr
PBDIT(Q)
Highest at Rs 177.37 cr.
PBT LESS OI(Q)
Highest at Rs 98.92 cr.
PAT(Q)
Highest at Rs 78.13 cr.
EPS(Q)
Highest at Rs 3.51
-5What is not working for the Company
INTEREST(9M)
At Rs 91.30 cr has Grown at 54.61%
DEBT-EQUITY RATIO(HY)
Highest at 0.68 times
Loading Valuation Snapshot...
Here's what is working for Century Plyboard
Profit After Tax (PAT) - Quarterly
At Rs 78.13 cr has Grown at 48.9%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Net Sales - Quarterly
Highest at Rs 1,492.21 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Net Sales - Quarterly
At Rs 1,492.21 cr has Grown at 24.52%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 177.37 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 98.92 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 98.92 cr has Grown at 24.21%
Year on Year (YoY)MOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 78.13 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 3.51
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Here's what is not working for Century Plyboard
Interest - Nine Monthly
At Rs 91.30 cr has Grown at 54.61%
over preceding nine months periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Debt-Equity Ratio - Half Yearly
Highest at 0.68 times
in the last five half yearly periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Non Operating Income - Quarterly
Highest at Rs 4.74 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income






