ALFA Finder India's fastest NSE & BSE filing alerts on Telegram, filtered to the stocks you hold Telegram alerts alfafinder.com →
Sunday, 8 November 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call Transcript

Century Plyboards (India) Earnings Call Transcript: Key Takeaways

Record consolidated revenue of ₹1,780 Cr (+28.5% YoY) and PAT up 46%, but MDF margins are still about 8% and FY28 guidance was withheld.

Century Plyboards (india) Q2 FY27 concall: date, live audio and summaryConcall page →
Highlights
Revenue growthConsolidated revenue +28.5% YoY; ~7% plywood price hike inflates value growth.
MarginsEBITDA margin 13.1%; MDF ~8% in H1, double-digit targeted in H2.
Demand visibilityPlywood demand strong; MDF industry growth 'not a challenge'.
Management confidenceBalanced: confident on plywood, cautious on MDF margins.

Growth

Consolidated revenue +28.5% YoY; plywood +28.6%, laminates +20.6%, MDF +10.5% YoY. A ~7% plywood price hike from April inflates value growth.

Outlook

MDF growth 17-18% in FY27 and double-digit MDF margin in H2. Plywood EBITDA margin 14-15% for FY27. Long-term debt/EBITDA below 1x next year.

Risks

MDF overcapacity (~30% industry capacity addition) keeps margins near 8%. Analyst-cited net debt/EBITDA of 2.4x. Laminate volumes falling.

Last quarter's promises, checked

Delivered

  • Guided no large capex, cash to debt → no major capex; ~₹900 Cr EBITDA to repayment (= BEAT)

Partly delivered

  • Guided 12–15% YoY plywood growth → +28.6% value, ~7% price-led, volume n/a (= PARTIAL)

Missed

  • Guided MDF 15%+ margin → ~8% in H1; H2 target cut to double-digit (= MISS)
  • Guided LT debt ≤1x EBITDA → net debt/EBITDA 2.4x, analyst-cited (= MISS)
  • Guided MDF 'good growth' → +10.5% YoY vs ~29% in Q1 (= MISS)
Source

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

Read the document ↗

Century Plyboards (India) Ltd: key numbers

Share price
₹639.25
Market cap
₹14,202 Cr
Revenue (annual)
₹5,397 Cr
Net profit (annual)
₹262.7 Cr
P/E (TTM)
44.0×Sector 37.4×
Promoter holding
71.83%+0.00% QoQ
FII holding
3.61%Current quarter

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

More from Century Plyboards (India) Ltd

All →