Century Plyboards Projects Strong Growth Across Divisions with New Capacity Expansions
Century Plyboards has announced strong growth projections with its laminate division expected to achieve over 15% growth this year and 20% next year while targeting double-digit margins. The plywood division is projected to grow 5-7% next year, supported by new manufacturing capacities launching in Hoshiarpur and Chennai, reflecting the company's strategic focus on expansion and market penetration.

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Century Plyboards has announced robust growth projections across its key business divisions, highlighting strong expansion plans and capacity additions. The company has outlined ambitious targets for both its laminate and plywood segments, backed by strategic capacity enhancements.
Laminate Division Growth Trajectory
The company's laminate division is positioned for significant expansion, with management anticipating over 15% growth in the current year. The growth momentum is expected to accelerate further, with projections indicating 20% growth for the following year.
| Growth Parameter: | Current Year | Next Year |
|---|---|---|
| Laminate Division Growth: | Over 15% | 20% |
| Margin Target: | Double-digit margins | Double-digit margins |
The company is specifically aiming for double-digit margins in the laminate segment, indicating focus on both volume growth and profitability enhancement.
Plywood Division Expansion Plans
The plywood division is projected to achieve steady growth of 5% to 7% next year. This growth will be supported by new manufacturing capacities that are set to launch in strategic locations.
| Expansion Details: | Information |
|---|---|
| Projected Growth: | 5% to 7% next year |
| New Capacity Locations: | Hoshiarpur and Chennai |
| Division: | Plywood |
Strategic Capacity Enhancement
The company's growth strategy includes significant capacity additions with new facilities launching in Hoshiarpur and Chennai. These strategic locations are expected to strengthen the company's manufacturing footprint and support the projected growth in the plywood segment.
The expansion plans demonstrate Century Plyboards' commitment to scaling operations and capturing market opportunities across its core business segments. The combination of laminate division's accelerated growth targets and plywood division's capacity-backed expansion reflects a comprehensive approach to business development.
Historical Stock Returns for Century Plyboards
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.83% | +1.87% | -3.17% | +5.68% | -8.75% | +189.99% |


































