{"id":142195,"date":"2023-02-17T06:40:52","date_gmt":"2023-02-17T11:40:52","guid":{"rendered":"https:\/\/44.250.171.167\/?p=142195"},"modified":"2023-02-17T06:40:55","modified_gmt":"2023-02-17T11:40:55","slug":"century-plyboards-india-ltd-nse-centuryply-q3fy23-results-out-total-income-rise-3-yoy","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/century-plyboards-india-ltd-nse-centuryply-q3fy23-results-out-total-income-rise-3-yoy\/","title":{"rendered":"Century Plyboards (India) Ltd. (NSE: CENTURYPLY): Q3FY23 Results Out; Total Income rise 3% YoY"},"content":{"rendered":"\n<p><a href=\"https:\/\/44.250.171.167\/symbol\/centuryply\/\">Century Plyboards Ltd (NSE: CENTURYPLY)<\/a> is a leading manufacturer of plywood and other allied products in India. The company offers a wide range of plywood, laminates, veneers, and other building materials under the CenturyPly and Starke brands. Century Plyboards has a strong presence in both the domestic and international markets, and is known for its quality products and innovative designs. The company has won several awards and recognitions for its business performance and sustainability initiatives.<\/p>\n\n\n\n<p>Century Plyboards Ltd recently released its Q3FY23 results, despite being a seasonally weaker quarter, the company achieved a quarterly revenue of Rs. 877 crore, showing a de-growth of 2.6% on a QoQ basis. The company&#8217;s gross margins were impacted by 90 bps on a sequential basis to 32%, mainly driven by higher timber prices.<\/p>\n\n\n\n<p>The company&#8217;s EBIDTA margins were 15.2%, a drop of 210 bps on a sequential basis, mainly due to sustained input cost pressure and operating deleverage in laminate and particle board segments. While plywood and laminate EBITDA margins contracted by 180 bps and 310 bps QoQ, the company saw EBITDA margin contraction of 280 bps and 810 bps on a sequential basis in its MDF and PB segments. The particle board segment EBITDA was impacted the most, mainly driven by operating deleverage.<\/p>\n\n\n\n<p>The company&#8217;s profit after tax was at Rs. 81.36 crore, a decrease from Rs. 97.27 crore in Q3FY22. However, the company maintained a high RoCE of 23.12% in Q3FY23, despite high input cost inflation, by virtue of prudent working capital management. The company&#8217;s net cash on books as of Q3FY23 is Rs. 208.48 crore, enabling it to maintain its high RoCEs.<\/p>\n\n\n\n<p>In Q3FY23, the company showed improvement in working capital management by three days QoQ, which has augmented its war chest for future capex. The company has reported total income of Rs. 889.0079 crores during the period ended December 31, 2022, an increase of 3.1% from the same period in the previous year. The company has reported EPS of Rs. 3.70 for the period ended December 31, 2022, as compared to Rs. 4.24 for the period ended December 31, 2021.<\/p>\n\n\n\n<p>Overall, despite the challenging business environment, Century Plyboards (India) Ltd has managed to maintain its financial strength and competitiveness in the market. The company&#8217;s focus on prudent working capital management and cost optimization will enable it to tide over the current headwinds and emerge stronger in the future.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Century Plyboards Ltd (NSE: CENTURYPLY) is a leading manufacturer of plywood and other allied products in India. The company offers a wide range of plywood, laminates, veneers, and other building materials under the CenturyPly and Starke brands. Century Plyboards has a strong presence in both the domestic and international markets, and is known for its [&hellip;]<\/p>\n","protected":false},"author":1932,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,5753],"tags":[11659],"class_list":["post-142195","post","type-post","status-publish","format-standard","hentry","category-earnings","category-industrials","tag-plywood"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":146192,"url":"https:\/\/alphastreet.com\/india\/earnings-century-plyboards-india-ltd-nse-centuryply-q4fy23-results-out-total-income-rises-8-yoy\/","url_meta":{"origin":142195,"position":0},"title":"Earnings | Century Plyboards India Ltd. (NSE: CENTURYPLY): Q4FY23 Results Out; Total Income rises 8% YoY.","author":"Divyansh_Kasana","date":"May 15, 2023","format":false,"excerpt":"Century Plyboards India Ltd. was founded in January 1982 by Mr. Sajjan Bhajanka and Mr. Sanjay Agarwal. The company has a diverse product portfolio and is engaged in the manufacturing of plywood, veneer, laminates, medium-density fibreboard (MDF), particle board, and related products. With its extensive range of offerings, Century Plyboards\u2026","rel":"","context":"In &quot;LATEST&quot;","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-2-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-2-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-2-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-2-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-2-1.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-2-1.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":171004,"url":"https:\/\/alphastreet.com\/india\/century-plyboards-q1-fy26-earnings-results\/","url_meta":{"origin":142195,"position":1},"title":"Century Plyboards Q1 FY26 Earnings Results","author":"Divyansh_Kasana","date":"September 5, 2025","format":false,"excerpt":"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\u2019s wood panel industry with a strong market presence.\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"CENTURYPLY Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/CENTURY.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/CENTURY.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/CENTURY.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/CENTURY.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/CENTURY.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/CENTURY.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":179644,"url":"https:\/\/alphastreet.com\/india\/century-plyboards-q3-fy26-earnings-results\/","url_meta":{"origin":142195,"position":2},"title":"Century Plyboards Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"February 5, 2026","format":false,"excerpt":"Executive Summary Century Plyboards India Ltd reported Q3FY26 revenues of \u20b91,350 crore, up 18.42% YoY, with consolidated net profit increasing 10.17% to \u20b965 crore. Plywood volumes grew 19% while EBITDA margins expanded 190 bps to 12.6%, driven by operational leverage despite \u20b97.61 crore Labour Code exceptional charges. Revenue & Growth\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/C-2.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/C-2.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/C-2.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/C-2.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/C-2.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/C-2.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":168929,"url":"https:\/\/alphastreet.com\/india\/century-plyboards-india-ltd-q4fy25-32-fall-in-profits\/","url_meta":{"origin":142195,"position":3},"title":"Century Plyboards (India) Ltd Q4FY25; 32% fall in Profits","author":"Divyansh_Kasana","date":"June 27, 2025","format":false,"excerpt":"Century Plyboards India Ltd was incorporated in January 1982 by Mr. Sajjan Bhajanka and Mr. Sanjay Agarwal. The company has a diversified portfolio & manufactures plywood, veneer, laminates, medium density fibre (MDF), particle board and allied products. Financial Results: Century Plyboards (India) Ltd reported Revenues for Q4FY25 of \u20b91,198.00 Crores\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/06\/U-18.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/06\/U-18.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/06\/U-18.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/06\/U-18.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/06\/U-18.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/06\/U-18.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":167406,"url":"https:\/\/alphastreet.com\/india\/century-plyboards-india-ltd-q3fy25-6-fall-in-profits\/","url_meta":{"origin":142195,"position":4},"title":"Century Plyboards (India) Ltd Q3FY25; 6% fall in Profits","author":"Divyansh_Kasana","date":"March 17, 2025","format":false,"excerpt":"Century Plyboards India Ltd was incorporated in January 1982 by Mr. Sajjan Bhajanka and Mr. Sanjay Agarwal. The company has a diversified portfolio & manufactures plywood, veneer, laminates, medium density fibre (MDF), particle board and allied products. Financial Results: Century Plyboards (India) Ltd reported Revenues for Q3FY25 of \u20b91,140.00 Crores\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/I-8.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/I-8.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/I-8.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/I-8.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/I-8.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/I-8.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":165995,"url":"https:\/\/alphastreet.com\/india\/century-plyboards-india-ltd-q2fy25-59-fall-in-profits\/","url_meta":{"origin":142195,"position":5},"title":"Century Plyboards (India) Ltd Q2FY25; 59% fall in Profits","author":"Divyansh_Kasana","date":"December 10, 2024","format":false,"excerpt":"Century Plyboards India Ltd was incorporated in January 1982 by Mr. Sajjan Bhajanka and Mr. Sanjay Agarwal. The company has a diversified portfolio & manufactures plywood, veneer, laminates, medium density fibre (MDF), particle board and allied products. Financial Results: Century Plyboards (India) Ltd reported Revenues for Q2FY25 of \u20b91,184.00 Crores\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/12\/JV.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/12\/JV.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/12\/JV.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/12\/JV.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/12\/JV.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/12\/JV.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142195","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1932"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=142195"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142195\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=142195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=142195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=142195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}