Century Plyboards (India) Ltd
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. [1]
- Market Cap ₹ 15,049 Cr.
- Current Price ₹ 677
- High / Low ₹ 850 / 552
- Stock P/E 42.8
- Book Value ₹ 92.2
- Dividend Yield 0.15 %
- ROCE 27.8 %
- ROE 22.9 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 20.5% CAGR over last 5 years
Cons
- Stock is trading at 7.35 times its book value
- Promoter holding has decreased over last quarter: -0.45%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Plywood Boards/Laminates Industry: Miscellaneous
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,118 | 1,131 | 1,284 | 1,565 | 1,636 | 1,782 | 1,967 | 2,264 | 2,283 | 2,113 | 3,001 | 3,621 | 3,766 | |
980 | 1,018 | 1,135 | 1,315 | 1,352 | 1,490 | 1,661 | 1,963 | 1,979 | 1,778 | 2,466 | 3,035 | 3,226 | |
Operating Profit | 139 | 113 | 149 | 250 | 284 | 292 | 306 | 300 | 304 | 335 | 535 | 586 | 540 |
OPM % | 12% | 10% | 12% | 16% | 17% | 16% | 16% | 13% | 13% | 16% | 18% | 16% | 14% |
-9 | 7 | 8 | 18 | 6 | 23 | 7 | 6 | 11 | -1 | 23 | -4 | 41 | |
Interest | 40 | 39 | 55 | 43 | 46 | 29 | 33 | 45 | 37 | 11 | 10 | 15 | 23 |
Depreciation | 27 | 27 | 33 | 45 | 44 | 52 | 81 | 50 | 68 | 63 | 68 | 72 | 84 |
Profit before tax | 63 | 54 | 69 | 180 | 200 | 234 | 199 | 212 | 210 | 261 | 480 | 494 | 474 |
Tax % | 5% | 3% | 3% | 16% | 15% | 21% | 21% | 25% | 25% | 26% | 32% | 26% | |
60 | 53 | 67 | 151 | 170 | 186 | 157 | 159 | 158 | 192 | 325 | 367 | 352 | |
EPS in Rs | 2.70 | 2.37 | 3.01 | 6.79 | 7.64 | 8.35 | 7.05 | 7.14 | 7.12 | 8.64 | 14.64 | 16.51 | 15.85 |
Dividend Payout % | 37% | 11% | 33% | 30% | 13% | 12% | 14% | 14% | 14% | 12% | 10% | 6% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 13% |
3 Years: | 17% |
TTM: | 6% |
Compounded Profit Growth | |
---|---|
10 Years: | 23% |
5 Years: | 20% |
3 Years: | 37% |
TTM: | 2% |
Stock Price CAGR | |
---|---|
10 Years: | 28% |
5 Years: | 32% |
3 Years: | 21% |
1 Year: | 18% |
Return on Equity | |
---|---|
10 Years: | 23% |
5 Years: | 20% |
3 Years: | 21% |
Last Year: | 23% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 |
Reserves | 290 | 227 | 269 | 365 | 503 | 686 | 816 | 947 | 1,051 | 1,243 | 1,543 | 1,876 | 2,026 |
Preference Capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
354 | 468 | 491 | 502 | 460 | 602 | 543 | 519 | 280 | 147 | 214 | 278 | 318 | |
116 | 121 | 135 | 161 | 157 | 244 | 278 | 278 | 275 | 375 | 436 | 461 | 453 | |
Total Liabilities | 782 | 838 | 917 | 1,050 | 1,142 | 1,555 | 1,659 | 1,767 | 1,629 | 1,787 | 2,215 | 2,637 | 2,819 |
174 | 186 | 212 | 209 | 197 | 249 | 542 | 729 | 721 | 682 | 696 | 1,000 | 1,011 | |
CWIP | 36 | 36 | 19 | 23 | 93 | 284 | 120 | 19 | 8 | 21 | 165 | 32 | 49 |
Investments | 73 | 16 | 38 | 45 | 50 | 96 | 96 | 98 | 114 | 227 | 155 | 209 | 216 |
498 | 601 | 648 | 773 | 802 | 925 | 901 | 921 | 786 | 857 | 1,199 | 1,396 | 1,543 | |
Total Assets | 782 | 838 | 917 | 1,050 | 1,142 | 1,555 | 1,659 | 1,767 | 1,629 | 1,787 | 2,215 | 2,637 | 2,819 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
24 | 48 | 31 | 138 | 289 | 223 | 283 | 226 | 426 | 359 | 269 | 441 | |
-48 | -96 | -53 | -62 | -129 | -321 | -197 | -128 | -58 | -224 | -306 | -451 | |
54 | 87 | -39 | -76 | -159 | 133 | -123 | -94 | -369 | -142 | 34 | 12 | |
Net Cash Flow | 30 | 39 | -62 | -1 | 2 | 35 | -37 | 4 | -1 | -7 | -3 | 2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 54 | 59 | 58 | 63 | 64 | 69 | 58 | 47 | 41 | 51 | 42 | 39 |
Inventory Days | 106 | 113 | 141 | 137 | 119 | 105 | 121 | 124 | 113 | 114 | 117 | 95 |
Days Payable | 47 | 42 | 28 | 28 | 36 | 56 | 63 | 50 | 51 | 74 | 61 | 53 |
Cash Conversion Cycle | 113 | 129 | 170 | 172 | 147 | 117 | 116 | 121 | 103 | 91 | 99 | 80 |
Working Capital Days | 93 | 103 | 109 | 108 | 99 | 98 | 86 | 76 | 62 | 58 | 62 | 67 |
ROCE % | 20% | 13% | 17% | 27% | 26% | 23% | 17% | 18% | 17% | 20% | 31% | 28% |
Documents
Announcements
- Board Meeting Intimation for Consideration And Approval Of Audited Standalone And Consolidated Financial Results Of The Company For The Quarter And Year Ended 31St March, 2024, Recommendation Of Dividend And Other Business Matters 2d
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 10 May
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Announcement under Regulation 30 (LODR)-Diversification / Disinvestment
23 Apr - Corrigendum to update on disinvestment in shares of Century Ply (Singapore) Pte. Ltd.
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Announcement under Regulation 30 (LODR)-Diversification / Disinvestment
23 Apr - The Company has completed disposal and transfer of its entire stake in Century Ply (Singapore) Pte. Ltd. (CSPL), Subsidiary, today, i.e., 23rd April, 2024. Consequently, …
- Minutes Of The Resolutions Passed By Way Of Postal Ballot Through Remote E-Voting Process 22 Apr
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Concalls
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Feb 2024Transcript PPT
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Largest player of Plywood in India
The company is a leading manufacturer and supplier of plywood with a 29% market share in the organized plywood market of India.[1]The Indian plywood industry is dominated by unorganized players, who account for ~70% of the total plywood market. [2]