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India's leading plywood and laminates maker (Centuryply, Sainik brands), also producing MDF and particle board.
India's leading plywood and laminates maker (Centuryply, Sainik brands), also producing MDF and particle board.
Sells through dealers and relationships with carpenters and interior contractors, so brand recall and credit terms to dealers matter. Plywood is the core, with laminates and MDF added to sell more products to the same customers. Logs and resin are key costs.
Moat: narrow (brand, distribution). Strong dealer/carpenter network and brand recall in plywood, but the category has significant unorganized competition.
Headquarters: Kolkata, India · Founded: 1986 · Employees: 16,918
Size Century Plyboards (India) (CENTURYPLY.NS) is an India Industrials company (Building Products) with a market value of $1.50B, the 468th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹639.25 on 6 Nov 2026.
Performance Over six months the shares fell 20.1%, against +2.2% for the median peer and 0.0% for the India market (cap-weighted) — 8th lowest of 21 in its peer set.
Growth Revenue grew 26.4% over the last twelve months (peer median +2.0%); the operating margin is 9.5% (peer median 8.8%).
Valuation It trades at 34.4× forward earnings against a peer median of 16.9× (4th most expensive of 19).
Capital Return on invested capital runs 4.6 points below its cost of capital (13.7% WACC).
Next results Next results expected around 9 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹61.8B | ₹53.8B | ₹45.1B | ₹38.7B | ₹36.4B |
| Revenue growth | — | +19% | +17% | +6% | — |
| Gross profit | ₹17.7B | ₹12.4B | ₹9.47B | ₹9.69B | ₹9.80B |
| EBITDA | ₹7.97B | ₹6.99B | ₹5.06B | ₹5.42B | ₹5.91B |
| Net income | ₹3.23B | ₹2.63B | ₹1.85B | ₹3.26B | ₹3.76B |
| Free cash flow | n/a | -₹492M | -₹7.31B | -₹5.94B | -₹460M |
| Capital expenditure | n/a | ₹4.12B | ₹6.65B | ₹8.50B | ₹4.91B |
| Total debt | ₹20.9B | ₹17.6B | ₹15.9B | ₹7.71B | ₹3.27B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Century Plyboards (India) CENTURYPLY.NS | $1.50B | -20% | +26% | 10% | 34.4× | n/a |
| Greenply Industries GREENPLY.NS | $352M | 0% | +17% | 8% | 19.5× | 29.4% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | CENTURYPLY.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -6.5% | -2.5% | 8th lowest of 21 |
| 6-month return | -20.1% | +2.2% | 8th lowest of 21 |
| Distance from 52-week high | -25.6% | -30.4% | 10th highest of 21 |
| Revenue growth (TTM) | +26.4% | +2.0% | highest of 21 |
| Operating margin | 9.5% | 8.8% | 9th highest of 21 |
| Forward P/E | 34.4× | 16.9× | 4th most expensive of 19 |
| ROIC minus cost of capital | -4.6 pp | +2.0 pp | 5th lowest of 21 |
| EV / EBITDA | 20.4× | 9.4× | 2nd most expensive of 12 |
| Net debt / EBITDA | 2.5× | 1.0× | 2nd most indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Century Plyboards (India) CENTURYPLY.NS | India | $1.50B | -20% | +26% | 10% | 34.4× | n/a | n/a |
| Xiamen Solex High-Tech Industries 603992.SS | China | $1.38B | -35% | +18% | 8% | 29.9× | 13.5% | +5.2% |
| Preformed Line Products PLPC | United States | $1.28B | -24% | +16% | 10% | 18.8× | 10.2% | +7.5% |
| Interface TILE | United States | $1.78B | +4% | +7% | 12% | 14.5× | 11.4% | +4.7% |
| Hyundai Elevator 017800.KS | South Korea | $1.79B | -31% | -9% | 9% | 9.4× | -5.5% | +6.3% |
| Takara standard 7981.T | Japan | $1.20B | +2% | +2% | 7% | n/a | -5.5% | +5.7% |
| Tecnoglass TGLS | United States | $1.95B | +10% | +10% | 18% | 13.8× | n/a | n/a |
| Kajaria Ceramics KAJARIACER.NS | India | $1.96B | +7% | +14% | 16% | 26.1× | 26.2% | +11.7% |
| Jangho 601886.SS | China | $2.01B | +26% | +14% | 5% | 15.0× | -0.1% | +3.9% |
| Solareast 603366.SS | China | $1.07B | +8% | 0% | -2% | n/a | 39.8% | +2.9% |
| Qingdao East Steel Tower Stock 002545.SZ | China | $2.25B | -50% | +23% | 32% | 8.5× | -10.2% | +13.0% |
| Suzhou Huaya Intelligence Technology 003043.SZ | China | $990M | -20% | +2% | 11% | 78.3× | 27.6% | +22.3% |
| Zehnder ZEHN.SW | Switzerland | $983M | +10% | +2% | 8% | 17.5× | 2.5% | +1.5% |
| Reliance Worldwide RWC.AX | Australia | $2.33B | +47% | -5% | 12% | 16.3× | 9.9% | +7.5% |
| Shanghai Mechanical & Electrical Industry 600835.SS | China | $2.34B | -27% | -2% | 2% | 22.5× | 0.6% | -3.8% |
| Apogee Enterprises APOG | United States | $956M | +25% | +3% | 9% | 13.6× | -0.3% | +2.7% |
| Guangzhou Guangri Stock 600894.SS | China | $956M | -20% | +2% | 0% | 9.6× | 7.2% | +1.4% |
| Quanex Building Products NX | United States | $949M | +2% | +1% | 6% | 10.7× | 6.0% | +16.6% |
| Zhenjiang Dongfang Electric Heating Technology 300217.SZ | China | $944M | -17% | -23% | 0% | 26.6× | 22.5% | +6.5% |
| Jiangsu Seagull Cooling Tower 603269.SS | China | $943M | +40% | +8% | 11% | 38.4× | n/a | n/a |
| Arrow Home 001322.SZ | China | $887M | -14% | -12% | -2% | 280.0× | 15.8% | -0.1% |