CENTURYPLYConsumer Durables

Century Plyboards (India) Limited

Plywood Boards/ Laminates · ISIN INE348B01021 · BSE 532548 · NSE EQ · FV ₹1
Last price
₹719
-0.13%today
What this company does

Century Plyboards (India) Limited operates in Plywood Boards/ Laminates, part of the Consumer Durables sector. It booked ₹1,561 cr of revenue in its latest quarter (Q1 FY27) and kept 5.1% of sales as profit. It is the largest of 8 Plywood Boards/ Laminates companies we track, by market value.

In the report:
43out of 100
Equitytale Health Score
Strained

Healthier than 43% of companies in Consumer Durables, on all six measures of filed financials. Each measure is ranked against the 25–41 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
35

At close. Not part of the score.

Profitability & returns42

How much profit it earns on the money it employs

Balance sheet14

How much it owes, and whether earnings cover the interest

Cash quality57

Whether reported profit actually arrives as cash

Growth & consistency44

Whether sales and profit have grown, and how steadily

Valuation29

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 34% vs last year
Profit up 55% vs last year
Promoters hold 72%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 5.1% net margin

What if I invest in CENTURYPLY?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹719 -0.13%
latest close · 2026-09-17
1-year return
+82.7%
52-wk low ₹34252-wk high ₹828
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio49.8High
LowAverageHigh
P/B ratio6.13High
Below bookModerateHigh
EV / EBITDA22.0High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity12.3%Fair
WeakFairStrong ▸15%
Return on capital18.0%Strong
WeakFairStrong
Net margin5.1%Decent
ThinDecentStrong
EBITDA margin12.8%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.62Moderate
LowModerateHigh ▸1
Interest cover4.9×Okay
RiskyOkayStrong ▸5×
Current ratio1.05Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹15,999 cr
Book value
₹117
EPS
₹3.61
latest quarter
Net debt
₹1,600 cr
owes more than its cash
Enterprise value
₹17,598 cr
EBITDA
₹800 cr
annualised
EBIT
₹583 cr
annualised
Operating margin
9.3%
Return on assets
6.3%
Earnings yield
2.01%
P/S
2.56
Sales / share
₹280.7
Tax rate
28.4%
Face value
₹1
Shares
22.3 cr
Working capital
₹89 cr
Current assets
₹1,957 cr
Current liabilities
₹1,868 cr
Delivery %
59.1%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹98₹177, midpoint ₹101

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹1,561 cr
Other Income₹2 cr
Total Income₹1,564 cr
Cost of Materials₹772 cr
Purchases of Stock-in-Trade₹70 cr
Inventory Change (±)₹-16 cr
Employee Benefit Expense₹237 cr
Finance Costs₹30 cr
Depreciation & Amortisation₹54 cr
Other Expenses₹301 cr
Total Expenses₹1,447 cr
Profit before Tax₹116 cr
Tax Expense₹33 cr
Net Profit₹83 cr
Net margin on total income5.3%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹826 cr52.8%
Employee benefit expense₹237 cr15.1%
Finance costs₹30 cr1.9%
Depreciation & amortisation₹54 cr3.5%
Other expenses₹301 cr19.2%
Tax expense₹33 cr2.1%
Profit for the period₹83 cr5.3%
Total income ₹1,564 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue1,350 cr1,492 cr1,561 cr
Total income1,352 cr1,497 cr1,564 cr
Expenses1,259 cr1,393 cr1,447 cr
Profit before tax85 cr104 cr116 cr
Tax20 cr24 cr33 cr
Net profit (owners' share)64 cr78 cr80 cr
Net margin (owners' share, on revenue)4.7%5.2%5.1%
EPS (₹)2.873.513.61
YoY (latest quarter): total income +33.5% · net profit +54.9%
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹5,104 cr
Shareholder equity
₹2,610 cr
parent shareholders
Total debt
₹1,630 cr
Cash
₹30 cr
Cash flow · H1 FY26
Operating
₹288 cr
Investing
₹-202 cr
Financing
₹-77 cr
Peer comparison
Plywood Boards/ Laminates · by market value
CompanyPriceMarket capP/E
Century Plyboards (India) Limitedthis company₹719₹15,999 cr49.8
Greenlam Industries Limited₹237₹6,039 cr71.3
Stylam Industries Limited₹3,238₹5,488 cr28.5
Greenply Industries Limited₹293₹3,662 cr24.4
Greenpanel Industries Limited₹158₹1,942 cr16.3
Rushil Decor Limited₹16₹457 cr55.6
Archidply Industries Limited₹101₹202 cr9.0
Archidply Decor Limited₹72₹40 cr
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.14%
trailing 12 months
Dividend / share (TTM)
₹1
Last dividend
₹1
ex 9 Sep 2026
ActionDetailEx-date
Dividend₹1 / share9 Sep 2026
Dividend₹1 / share11 Sep 2025
Dividend₹1 / share17 Sep 2024
Dividend₹1 / share20 Sep 2023
Dividend₹1.5 / share13 Sep 2022
Dividend₹1 / share31 Aug 2021
Who owns it · 2026-06-30
No pledge
Promoter
71.8%
FII / Foreign
3.9%
DII / Domestic
19.4%
Retail / others
4.9%
Promoter stake down 1.2% over the last 12 quarters.
Smart-money activity
Insider trades
SoldSajjan Bhajanka · Promoters50,00016 Jul 21
BoughtSanjana Bhajanka · Immediate relative50,00016 Jul 21
SoldYogesh Kumar Chaudhry · Employees/Designated Employees3,400 · ₹14.0 L15 Jun 21
Bulk / block deals
short · NSE4719 Mar 26
short · NSE128 Jul 25
short · NSE111 Mar 25
Stake changes
SoldPrem Kumar Bhajanka · promoter→ 0.84% · 18.00 L11 Feb 26
BoughtPrem Kumar Bhajanka along with pac · promoter→ 72.64%2 Sep 25
BoughtRajesh kumar Agarwal along with pac · promoter→ 72.64%1 Sep 25
Promoter pledges
ReleasedHDFC Bank Ltd.30.00 L · 1.35% held7 Aug 17
ReleasedDBS Bank17.50 L · 0.79% held31 Mar 17
ReleasedDBS Bank17.50 L · 0.79% held31 Mar 17
What shareholders were asked to approve
3 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 16 Sep 2026
See the official result
1
To receive, consider and adopt: a. the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2026 together with the Reports of the Board of Directors and the Auditors thereon; and b. the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2026 together with Report of the Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
4.58 cr votes for, 39 against · 0% of mutual funds and other big investors said no
2
To declare dividend on Equity Shares for the Financial Year ended 31st March, 2026
Backed by 100% of shareholders other than promotersneeded 50%
4.58 cr votes for, 29 against · 0% of mutual funds and other big investors said no
3
To appoint a Director in place of Sri Rajesh Kumar Agarwal (DIN: 00223718), who retires by rotation at this Annual General Meeting and being eligible, seeks re-appointment.
Backed by 87% of shareholders other than promotersneeded 50%
3.98 cr votes for, 60.04 L against · 13% of mutual funds and other big investors said no
4
To appoint a Director in place of Sri Prem Kumar Bhajanka (DIN: 00591512), who retires by rotation at this Annual General Meeting and being eligible, seeks re-appointment.
Backed by 83% of shareholders other than promotersneeded 50%
3.79 cr votes for, 79.09 L against · 17% of mutual funds and other big investors said no
7
To approve re-appointment of Smt. Nikita Bansal (DIN: 03109710) as an Executive Director of the Company
⚑ Passed only because promoters voted yes
Backed by 62% of shareholders other than promotersneeded 75%
2.83 cr votes for, 1.75 cr against · 38% of mutual funds and other big investors said no
8
Revision in remuneration of Smt. Nikita Bansal (DIN: 03109710), Executive Director of the Company
⚑ Passed only because promoters voted yes
Backed by 62% of shareholders other than promotersneeded 75%
2.83 cr votes for, 1.75 cr against · 38% of mutual funds and other big investors said no
9
Revision in remuneration of Sri Keshav Bhajanka (DIN: 03109701), Executive Director of the Company.
⚑ Passed only because promoters voted yes
Backed by 62% of shareholders other than promotersneeded 75%
2.83 cr votes for, 1.75 cr against · 38% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 36 named members
owning 71.8% between them · as of 2026-06-30
SANJAY AGARWAL11.22%
SAJJAN BHAJANKA10.90%
VISHNU KHEMANI8.46%
DIVYA AGARWAL7.54%
SANTOSH BHAJANKA6.68%
SRI RAM VANIJYA PVT LTD3.83%
BRIJDHAM MERCHANTS PVT LTD3.49%
SUMANGAL INTERNATIONAL PVT LTD3.45%
Business done with them
FY2025 · 12 of the group
The company paid ₹30 cr to companies in the promoter group last year — about 0.7% of its ₹4,528 cr revenue and received ₹67 L back from them.
Sri Vishnu Khemani
Other payments to them · Description is mentioned along with relatives line items.
also owns 8.46% of the company
₹7 cr
company paid
Sri Sanjay Agarwal
Other payments to them · Description is mentioned along with relatives line items.
also owns 11.22% of the company
₹6 cr
company paid
Sri Sajjan Bhajanka
Other payments to them · Description is mentioned along with relatives line items.
also owns 10.90% of the company
₹5 cr
company paid
Sri Prem Kumar Bhajanka
Other payments to them · Description is mentioned along with relatives line items.
also owns 0.84% of the company
₹3 cr
company paid
Smt. Nikita Bansal
Other payments to them · Description is mentioned along with relatives line items.
also owns 0.03% of the company
₹2 cr
company paid
Sri Keshav Bhajanka
Other payments to them · Description is mentioned along with relatives line items.
also owns 1.13% of the company
₹2 cr
company paid
Smt. Divya Agarwal
Other payments to them · Description is mentioned along with relatives line items.
also owns 7.54% of the company
₹2 cr
company paid
Smt. Santosh Bhajanka
Other payments to them · Description is mentioned along with relatives line items.
also owns 6.68% of the company
₹1 cr
company paid
Sri Rajesh Kumar Agarwal
Other payments to them · Description is mentioned along with relatives line items.
also owns 1.82% of the company
₹1 cr
company paid
SRI RAM VANIJYA PVT LTD
Contribution made to them · Description is mentioned along with relatives line items.
also owns 3.83% of the company
₹49 L
company paid
SRI RAM VANIJYA PVT LTD
Contribution received from them · Description is mentioned along with relatives line items.
also owns 3.83% of the company
₹49 L
company received
SRI RAM MERCHANTS PVT LTD
Contribution received from them · Description is mentioned along with relatives line items.
also owns 3.03% of the company
₹18 L
company received
SRI RAM MERCHANTS PVT LTD
Contribution made to them · Description is mentioned along with relatives line items.
also owns 3.03% of the company
₹18 L
company paid
Smt. Yash Bala Bhajanka
Paid them for services · Description is mentioned along with relatives line items.
also owns 1.42% of the company
₹14.8 L
company paid
SRI RAM VANIJYA PVT LTD
Other payments to them · Description is mentioned along with relatives line items.
also owns 3.83% of the company
₹1.1 L
company paid
SRI RAM MERCHANTS PVT LTD
Other payments to them · Description is mentioned along with relatives line items.
also owns 3.03% of the company
₹0.41 L
company paid

The company also transacted with 17 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.