Century Plyboards Q3 FY26: Revenue Up 18.4% to ₹1,350 Cr; EBITDA Margins Improve
Century Plyboards reported Q3 FY26 consolidated revenue of ₹1,350 crore, up 18.4% YoY. EBITDA stood at ₹170.5 crore, with margins improving to 12.6%. Plywood revenue grew 14.9% to ₹710 crore. The company announced significant capacity expansions, including new plywood plants and a large MDF facility in Uttar Pradesh, targeting ₹12,000 crore revenue by FY31.
The announcement details robust financial performance and significant future growth drivers through capacity expansion, which are material to investors.
The company reported strong year-on-year revenue growth, improved EBITDA margins, and positive outlook for future growth, alongside significant capacity expansion plans.
Century Plyboards (India) Limited reported a strong Q3 FY26 performance with consolidated revenue reaching ₹1,350 crore, an 18.4% year-on-year increase. This growth was attributed to sustained demand across product categories and robust performance from newly commissioned units. The company's EBITDA, excluding forex, stood at ₹170.5 crore, with EBITDA margins improving to 12.6% from 10.7% in the corresponding quarter last year, driven by higher volumes and cost optimization.
The Plywood segment reported revenue of ₹710 crore, a 14.9% year-on-year growth, with EBITDA margins at 15.1%. The Laminate division achieved revenue of ₹183 crore, a 9.6% year-on-year increase, and EBITDA margins at 7.7%. The MDF business showed strong growth with revenue up 19.1% year-on-year and EBITDA margins at 12.1%. The Particleboard segment recorded its highest-ever quarterly sales of ₹65 crore, with EBITDA at breakeven.
Looking ahead, the company anticipates continued growth momentum across its segments, supported by positive industry outlook, rising urbanization, and increasing preference for branded products. Significant capacity expansions are planned, including new plywood plants in Hoshiarpur and Chennai by Q3 FY27, and a large MDF plant in Uttar Pradesh, expected to be operational in approximately 2.5 years after land acquisition. The company aims for a long-term growth ambition of ₹12,000 crore by FY31, with an annualised CAGR of 18% plus.
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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.
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See the model portfoliosA plain-language summary of a public exchange filing by Century Plyboards (India) Limited. Read the original for the full detail.