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Earnings Call Transcript

Century Plyboards (India) Earnings Call Transcript: Key Takeaways

Century Plyboards reported record Q1 FY27 consolidated revenue of INR 1,561 Cr, up 33.5% YoY. Strategy focuses on capacity utilization and premium positioning through 'Total Cover' assurance.

Highlights
Revenue growth33.5% YoY consolidated growth.
MarginsEBITDA margin at 13.0%; plywood hit 16.9%.
Demand visibilityStrong underlying demand for MDF and plywood segments.
Management confidenceHigh; citing market share gains and operational efficiencies.

Growth

Revenue grew 33.5% YoY; PAT increased 57% YoY to INR 83.3 Cr. Plywood volumes rose 29%.

Outlook

Targeting 15% plywood market share in 5 years; 60k CBM Hoshiarpur plant operational in Q3 FY27.

Risks

Geopolitical volatility and raw material costs impact margins; MDF price increases recently rolled back.

Last quarter's promises, checked

Delivered

  • Guided Hoshiarpur plant Oct 2026 → delivered operational Q3 FY27 (= BEAT)
  • Guided 10-12% Plywood growth → delivered 29% volume growth (= BEAT)
  • Guided high-teens MDF EBITDA margin → delivered 13% vs 11.1% FY25 (= BEAT)

Partly delivered

  • Guided 60-70k CBM MDF expansion by Q1 FY27 → delivered operational Q3 FY27 (= PARTIAL)

Missed

  • Guided 15% MDF price hike stickiness → delivered price rollbacks (= MISS)
Source

Earnings Call Transcript filed with NSE, NSE: CENTURYPLY. Summary written with AI assistance from the document.

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Century Plyboards (India) Ltd: key numbers

Share price
₹694.45
Market cap
₹15,429 Cr
Revenue (annual)
₹5,397 Cr
Net profit (annual)
₹262.7 Cr
P/E (TTM)
53.0×Sector 44.4×
Promoter holding
71.83%+0.00% QoQ
FII holding
3.86%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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