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Latest news about Century Plyboards

Century Plyboards Particle Board Segment Targets 15% Margin by Q4 Next Year 3 hrs ago Today

Century Plyboards has reached breakeven EBITDA in its particle board segment and set clear targets for margin improvement. The company aims to achieve stable margins by Q4 next year, with a specific target of 15% margins in this segment by Q4 next year, demonstrating improved operational efficiency and strategic focus on profitability enhancement.

Century Plyboards Projects Strong Growth Across Divisions with New Capacity Expansions 3 hrs ago Today

Century Plyboards Sets Ambitious Revenue Target of INR 12,000 Crores by FY31 3 hrs ago Today

Century Plyboards Reports Strong Q3FY26 Results; Revenue Grows 18% YoY 3 days ago

Century Plyboards India Ltd Schedules Board Meeting for February 4, 2026 to Review Q3FY26 Financial Results Jan 21, 2026

More news about Century Plyboards

09Jan 26

Century Plyboards Plans Strategic Price Adjustments with MDF Hikes Expected in FY27

Century Plyboards has announced a flexible pricing strategy, implementing price hikes as and when required based on market conditions. The company specifically plans price increases in its MDF segment during FY27. Management expects improved margins and increased market share going forward, reflecting confidence in the company's strategic positioning and adaptive approach to market dynamics.

09Jan 26

Century Plyboards Targets 80-90% Capacity Utilisation in Near Term

Century Plyboards has announced plans to achieve 80-90% capacity utilisation in the near term, marking a significant operational target for the company. This strategic objective reflects the company's focus on manufacturing optimisation and operational efficiency enhancement.

17Nov 25

CenturyPlyboards Achieves Record Q2 Revenue of INR 1,386 Crores, Up 17.1% YoY

Century Plyboards (India) Limited achieved its highest-ever quarterly revenue of INR 1,386 crores, marking a 17.1% year-on-year growth. The company's EBITDA reached a record INR 181.70 crores, with the EBITDA margin improving to 13.1%. Strong performance was seen across key segments: Plywood revenue grew 16% YoY to INR 760 crores, Laminates revenue increased 16.6% YoY to INR 188 crores, and MDF revenue rose 27.9% YoY to INR 343 crores. The company also commenced commercial production at its new particle board plant. Management expressed optimism about future growth prospects, citing factors such as rising urbanization and increased consumer preference for branded products.

14Nov 25

CenturyPlyboards Appoints Ashok Kumar Goyal as Plant Head-Hoshiarpur

Century Plyboards (India) Limited has designated Shri Ashok Kumar Goyal as the Plant Head-Hoshiarpur, effective November 14, 2025. Goyal brings over 37 years of industry experience, including 34 years in MDF manufacturing. He holds a B.Tech in Electrical Engineering from NIT Kurukshetra and has previously worked with Nuchem Ltd. and Greenpanel Industries Ltd. This appointment in the Senior Management Personnel category underscores Century Plyboards' commitment to strengthening its operational leadership.

12Nov 25

Century Plyboards Reports 13.3% YoY Revenue Growth in Q2 FY26, Margins Under Pressure

Century Plyboards (India) Limited reported a 13.3% year-over-year increase in consolidated revenue to ₹1,385.53 crore for Q2 FY26. Profit after tax rose 77.4% to ₹70.94 crore, and EBITDA increased 68.6% to ₹97.87 crore. However, EBITDA margin declined to 7.1% from 8.4% last year. Plywood, Laminates, and MDF segments showed growth, while Particle Board segment reported losses. The company continues its expansion with a ₹600 crore capex plan for MDF and particle board. Management expects 15%+ growth across key segments and targets 13-15% EBITDA margin for FY26.

18Sept 25

Century Plyboards Shareholders Approve Key Director Re-appointments at AGM

Century Plyboards (India) Ltd. held its 44th AGM on September 18, 2025. Shareholders approved re-appointments of Ajay Baldawa and Nikita Bansal as Directors, Sajjan Bhajanka as Chairman and Managing Director for five years from April 1, 2026, and Keshav Bhajanka as Executive Director for five years from January 28, 2026. The AGM also addressed financial statement adoption, dividend declaration, and appointment of secretarial auditors. Remote e-voting was provided, with results expected by September 19, 2025.

19Aug 25

Century Plyboards Eyes Mid-Teens Revenue Growth in FY26, Driven by Capacity Expansion

Century Plyboards aims for mid-teens topline growth by FY26 through strategic capacity expansion. Growth targets include 10% for plywood, 20% for laminates and MDF, and 40% for particle wood. The company expects value growth to outpace volume growth due to inflation-induced price increases. Implementation of BIS quality control norms is anticipated to benefit organized players. Despite challenges in the MDF segment, the company has improved margins through operational efficiencies and raw material optimization. Q1 FY24 results show strong performance with 55% YoY increase in consolidated net profit and 16.30% rise in revenue.

16Aug 25

Century Plyboards' Subsidiary Launches Operations at Kolkata Port

Century Ports Ltd., a wholly owned subsidiary of Century Plyboards (India) Ltd., has commenced commercial operations at the rejuvenated Khidderpore Docks (KPD-I West) at Syama Prasad Mookerjee Port, Kolkata. The operations began on August 16, marking the company's expansion into port infrastructure management. This strategic move at the former Kolkata Port Trust location is expected to enhance Century Plyboards' logistics capabilities and potentially open new revenue streams.

12Aug 25

Century Plyboards Reports Strong Q1 Performance with 16.3% Consolidated Revenue Growth

Century Plyboards India Limited achieved 16.3% year-on-year consolidated revenue growth in Q1, with standalone revenue up 6.8%. Consolidated EBITDA margin improved to 12.5% from 11.2% last year. Plywood segment led with 15.3% revenue growth and 13.8% EBITDA margin. MDF segment saw 23.7% revenue growth with 14.3% EBITDA margin. Laminates segment showed signs of turnaround with 12.8% revenue growth. Particle Board segment remains in recovery phase. Working capital cycle improved from 76 to 71 days. New particle board plant in Tamil Nadu commenced production. Management maintains 10% plus growth guidance for plywood segment and expects continued recovery in other segments.

07Aug 25

Century Ply Sets Ambitious ₹5,000 Crore Revenue Target for FY28

Century Plyboards (India) Limited has announced plans to achieve a revenue target of ₹5,000 crore by FY2028. The strategy includes expanding Medium Density Fiberboard (MDF) operations, capitalizing on the housing sector growth, increasing exports, and improving working capital management. Q1 FY2026 results show promising progress with 16.30% year-over-year consolidated revenue growth to ₹1,169.36 crore and improved EBITDA margins. The MDF segment saw 23.70% year-over-year growth with a 14.30% EBITDA margin.

07Aug 25

Century Plyboards Sets September 11 as Record Date for Dividend Eligibility

Century Plyboards (India) Ltd has announced September 11, 2025, as the record date for FY2025 dividend eligibility, subject to declaration at the upcoming AGM. The company's 44th AGM is scheduled for September 18, 2025. The Register of Members and Share Transfer Books will be closed from September 12 to 18, 2025, for AGM and dividend determination purposes.

07Aug 25

Century Plyboards Reports 51% Surge in Q1 Net Profit, Revenue Rises 20%

Century Plyboards (India) Limited reported strong Q1 financial results with net profit rising 51% to ₹518.00 million and revenue increasing 20% to ₹12.00 billion. EBITDA grew to ₹1.28 billion, though the EBITDA margin slightly decreased to 10.96%. The company saw growth across various segments, with Plywood and Allied Products being the highest revenue generator at ₹6,503.11 crore. CEO Sanjay Agarwal attributed the performance to the company's resilience and strong market position. The company also announced its upcoming AGM and committee reconstitutions.

27Jun 25

Century Plyboards Expands Footprint: Commences Commercial Production in Tamil Nadu

Century Plyboards (India) Limited has commenced commercial production at its new manufacturing unit in Tamil Nadu. This strategic expansion aims to strengthen the company's presence in southern India, increase production capacity, and improve supply chain efficiency. The new facility is expected to help meet growing demand for plywood and related products in the region, potentially leading to increased market share.

03Jun 25

Century Plyboards Sets Ambitious Growth Targets, Aims for INR 12,000 Crore Turnover by FY '31

Century Plyboards has outlined its growth strategy, targeting a turnover of INR 12,000 crores by FY '31. The company aims for a 20% growth in the current fiscal year and expects improved EBITDA margins. Management acknowledged past inaccuracies in guidance but expressed confidence in meeting current targets. No specific export or domestic sales figures were provided.

29May 25

Century Plyboards: Q4 Profit Drops 34% Despite Revenue Growth

Century Plyboards' Q4 financial results show a 13% increase in revenue to ₹1,198.00 crore, but a 34% decrease in net profit to ₹52.50 crore. EBITDA declined by 1.80% to ₹134.60 crore. The company's board has recommended a dividend of ₹1.00 per equity share for the fiscal year.

01May 25

Century Plyboards Chairman Sajjan Bhajanka Announces Retirement and Charitable Commitment

Sajjan Bhajanka, Chairman of Century Plyboards (India) Ltd, has announced his retirement. Bhajanka, who led the company from a small factory to market leadership in the plywood sector, plans to donate 20% of his personal wealth to charitable causes. He attributes the company's success to maintaining high product quality and strong customer relationships.

02Apr 25

Century Plyboards (India) Ltd. Witnesses Significant Block Trade Amidst Corporate Governance Updates

Century Plyboards (India) Ltd. experienced a significant block trade on the NSE, with 300,254 shares traded at Rs. 706.10 per share, totaling Rs. 21.20 crores. The company also concluded a postal ballot, approving the appointment of Prof. (Dr.) Arup Roy Choudhury as an Independent Director for a 5-year term starting February 1, 2025. The resolution passed with 99.99% votes in favor, demonstrating strong shareholder support.

03Mar 25

Century Plyboards' Independent Director Faces Legal Scrutiny Amid Stock Market Fraud Allegations

A special court has ordered the filing of an FIR against Pramod Agrawal, an independent director of Century Plyboards (India) Limited, for alleged stock market fraud and regulatory violations. The allegations relate to Agrawal's previous role as Chairman of the Bombay Stock Exchange. Century Plyboards stated it is not a party to the proceedings and is unlikely to be impacted. The company remains committed to compliance and will monitor the situation.

21Feb 25

Century Plyboards Soars 12% on New Subsidiary Launch for Furniture Fittings

Century Plyboards (India) Ltd's stock price jumped up to 12% intraday to ₹837.15 following the announcement of a new wholly owned subsidiary, Centuryply Furniture Fittings Limited (CFFL). Incorporated on February 18, 2025, CFFL will manufacture furniture fittings and fixtures, marking Century Plyboards' entry into a new segment. The subsidiary has an authorized share capital of ₹15,00,000 and an initial paid-up capital of ₹5,00,000. This strategic move aims to expand the company's product portfolio and capture a larger share of the furniture value chain.