Century Plyboards Q1 FY27 Revenue Surges 33.5% to ₹1,561 Crore
Century Plyboards reported Q1 FY27 consolidated revenue of ₹1,561 crore, up 33.5% YoY. Profit after tax grew 57% to ₹83.3 crore. The plywood business revenue increased by 32.4% YoY. New plywood capacity at Hoshiarpur is expected in Q3 FY27. The company aims for 15% market share in plywood within 5 years.
Significant revenue growth, profit increase, capacity expansions, and strategic initiatives like the Total Cover Assurance Program have a material impact on the company's outlook and investor perception.
The company reported strong year-on-year growth in revenue and profit, along with improved margins and capacity expansions, indicating positive business performance.
Century Plyboards (India) Limited has reported a strong start to the financial year with its highest-ever quarterly consolidated revenue of ₹1,561 crore for Q1 FY27, marking a 33.5% year-on-year growth. The company's EBITDA margin, excluding forest losses, improved to 13.0%, and profit after tax saw a significant increase of 57% year-on-year, reaching ₹83.3 crore.
The plywood business demonstrated robust performance with a 32.4% year-on-year revenue increase and an EBITDA margin of 16.9%. Capacity expansion is underway, with the Hoshiarpur greenfield plant expected to commence operations in Q3 FY27, and the Chennai brownfield expansion increasing capacity to 12,500 CBM per month from Q3 FY27. A 7% price increase was implemented in April to mitigate rising chemical input costs.
The laminate business maintained strong momentum, with revenue growing by 14.7% year-on-year and healthy EBITDA margins of 10.2%. The company also launched the CenturyLaminates LookBook, The Trendz Edit 2026-27, and commissioned a new home press for export-grade manufacturing.
The MDF business reported nearly 29% year-on-year revenue growth, despite a planned shutdown for expansion at the Andhra Pradesh facility, which increased its capacity from 700 CBM to 950 CBM per day. The particle board business experienced significant growth, with revenue increasing by 29% sequentially and 155.7% year-on-year.
The logistics business, operated through a subsidiary, has stabilized and started contributing positively, handling over 9,000 containers in July. The company also focused on brand building and product innovation, launching campaigns for Century HDF Premium Plus featuring Rahul Dravid and a Total Cover Assurance Program for Club Prime Plywood, backed by a campaign featuring Aamir Khan.
Financially, the company saw an improvement in its return ratios, with ROE increasing to 13.5% and ROCE to 14.4%. Management indicated that the focus is now on driving higher utilization and asset productivity rather than aggressive capital expenditure. The company aims to achieve a 15% market share in the plywood segment within the next five years and is targeting 20% ROCE in its MDF and particle board businesses.
What to do with a filing like this
Century Plyboards (India) Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Century Plyboards (India) Limited. Read the original for the full detail.