Century Plyboards Q1 FY26 Earnings Results

Century Plyboards India Ltd, incorporated in January 1982 by Mr. Sajjan Bhajanka and Mr. Sanjay Agarwal, has a diversified product portfolio manufacturing plywood, veneer, laminates, medium density fibre (MDF), particle board, and allied products. The company is a prominent player in India’s wood panel industry with a strong market presence.

Q1 FY26 Earnings Summary

• Revenue: ₹1,169 crore, up 16.32% year-on-year YoY from ₹1,005 crore in Q1 FY25.
• Total Expenses: ₹1,100 crore, up 16.65% YoY from ₹943 crore.
• Consolidated Net Profit PAT: ₹53 crore, up 55.88% YoY from ₹34 crore in the same quarter last year.
• Earnings Per Share EPS: ₹2.33, up 50.32% from ₹1.55 YoY.

Operational & Strategic Update

• Revenue Growth: Robust revenue growth was driven by strong demand across plywood, laminates, and MDF segments, supported by increased acceptance in both residential and commercial construction markets.
• Expense Increase: Expenses rose in line with revenue, reflecting higher raw material and logistics costs as well as investments in capacity expansion.
• Profitability Improvement: Net profit surged 56%, supported by improved operational efficiencies, better product mix, and cost management initiatives.
• Product Portfolio: Continued focus on premium and value-added products helped enhance margins and market share.
• Capacity Expansion: Ongoing expansion of manufacturing facilities to meet growing market demand and reduce supply constraints.
• Strategic Initiatives: Enhanced distribution reach and brand-building activities further solidified the company’s leadership position in the wood panel industry.

Corporate Developments

Century Plyboards’ Q1 FY26 results reflect a strong rebound in profitability amidst steady top-line growth. The company’s diversified product mix, focus on premium offerings, and operational efficiencies are key drivers of its sustained performance.

Looking Ahead

The company plans to continue expanding capacity, launching new products, and tapping into growing demand in real estate and infrastructure sectors. With stable input costs and improving operational leverage, Century Plyboards is well positioned to sustain growth and profitability momentum in FY26 and beyond.

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