Century Plyboards (India) Limited , a leading player in the Indian wood panel industry, has unveiled an ambitious plan to achieve a revenue target of ₹5,000 crore over the next three years. The company aims to reach this milestone by FY2028 through a multi-pronged strategy focusing on expansion and market penetration.

Expansion of MDF Operations

A key component of Century Ply's growth strategy is the expansion of its Medium Density Fiberboard (MDF) operations. The company has identified MDF as a high-growth segment and plans to significantly increase its production capacity in this area. This move is expected to capitalize on the growing demand for MDF in the furniture and interior design sectors.

Leveraging the Housing Cycle

Century Ply intends to take advantage of the current positive trend in the housing sector. With the real estate market showing signs of recovery and increased construction activities, the company is positioning itself to meet the rising demand for wood panels and related products in both residential and commercial projects.

Focus on Exports

To achieve its ambitious revenue target, Century Ply is placing a strong emphasis on increasing its export business. The company plans to expand its presence in international markets, leveraging its reputation for quality and innovation to capture a larger share of the global wood panel market.

Improving Working Capital Management

Century Ply is also focusing on enhancing its operational efficiency through improved working capital management. This initiative is expected to optimize the company's financial resources, enabling it to fund its expansion plans and improve overall profitability.

Q1 FY2026 Performance

The company's recent financial results for Q1 FY2026 show promising signs towards achieving its long-term goals:

Management Commentary

Sanjay Agarwal, CEO & Managing Director of Century Plyboards, commented on the company's performance and future outlook: "Our Q1 FY2026 performance is in line with the guidance we shared previously. The healthy growth in revenue, particularly in our MDF segment, reflects the resilience of our business model and sets a strong foundation for achieving our ₹5,000 crore revenue target by FY2028."

As Century Ply embarks on this ambitious growth journey, the company's focus on expanding its MDF operations, leveraging market trends, boosting exports, and improving operational efficiency positions it well to capitalize on the opportunities in the evolving wood panel industry.

Century Plyboards (India) Ltd has announced Thursday, September 11, 2025, as the record date for determining shareholders eligible to receive dividends for the financial year ended March 31, 2025, subject to declaration at the upcoming Annual General Meeting (AGM).

Key Details

• Record Date: Thursday, September 11, 2025
• Book Closure: Friday, September 12, 2025, to Thursday, September 18, 2025 (both days inclusive)
• Purpose:
  1. To determine dividend eligibility (if declared at the AGM)
  2. For the Annual General Meeting

Annual General Meeting

The company's 44th Annual General Meeting is scheduled for Thursday, September 18, 2025, at 11:30 A.M.

Dividend Declaration

The dividend, if declared at the AGM, will be paid to shareholders whose names appear on the company's Register of Members as of the record date.

Book Closure Period

Century Plyboards has also announced that its Register of Members and Share Transfer Books will remain closed from September 12 to September 18, 2025, for the purposes of the AGM and dividend determination.

This announcement aligns with the company's commitment to keeping shareholders informed about important dates and events that may affect their holdings. Investors are advised to ensure their shareholding details are up to date with their respective depositories or with the company's registrar and transfer agent before the record date to ensure smooth processing of any dividend payments, if declared.