Century Plyboards (India) Ltd

About [ edit ]

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. #

Key Points [ edit ]
  • Market Cap 6,804 Cr.
  • Current Price 306
  • High / Low 320 / 95.0
  • Stock P/E 48.0
  • Book Value 50.2
  • Dividend Yield 0.33 %
  • ROCE 14.6 %
  • ROE 14.2 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Debtor days have improved from 50.73 to 40.46 days.

Cons

  • The company has delivered a poor sales growth of 7.84% over past five years.
  • Dividend payout has been low at 14.47% of profits over last 3 years

Peer comparison

Sector: Miscellaneous Industry: Miscellaneous

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
315 542 566 579 592 582 599 605 530 203 522 660
263 455 503 509 513 495 507 572 463 204 436 548
Operating Profit 52 87 64 71 80 87 92 33 68 -1 87 112
OPM % 16% 16% 11% 12% 13% 15% 15% 5% 13% -0% 17% 17%
Other Income 8 1 1 1 4 1 9 1 1 5 1 1
Interest 3 14 16 7 10 9 11 10 9 5 2 2
Depreciation 8 16 16 19 9 19 19 20 18 16 18 18
Profit before tax 49 59 33 46 64 60 70 5 42 -17 68 94
Tax % 9% 30% 33% 35% 14% 33% 31% 92% 14% 31% 26% 30%
Net Profit 44 42 21 31 54 40 48 25 37 -11 50 66
EPS in Rs 1.96 1.88 0.96 1.38 2.45 1.81 2.18 1.12 1.67 -0.51 2.26 2.96
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
1,016 1,126 1,360 1,667 1,182 1,348 1,588 1,641 1,818 2,024 2,280 2,317 1,916
832 881 1,111 1,408 1,058 1,189 1,333 1,351 1,506 1,693 1,976 2,037 1,650
Operating Profit 184 245 249 259 123 159 256 290 312 331 304 280 265
OPM % 18% 22% 18% 16% 10% 12% 16% 18% 17% 16% 13% 12% 14%
Other Income -30 30 8 10 7 3 18 6 23 8 4 13 8
Interest 29 25 23 59 40 60 46 48 30 36 47 39 18
Depreciation 39 45 51 56 28 39 48 47 59 91 59 76 69
Profit before tax 86 205 184 156 62 63 180 200 245 212 202 177 187
Tax % -0% 11% -3% 4% 7% -1% 16% 15% 21% 22% 26% 29%
Net Profit 57 146 155 123 55 60 149 169 190 163 148 151 142
EPS in Rs 2.57 6.58 6.96 5.52 2.48 2.71 6.70 7.60 8.57 7.34 6.68 6.78 6.38
Dividend Payout % 10% 15% 14% 18% 10% 37% 30% 13% 12% 14% 15% 15%
Compounded Sales Growth
10 Years:7%
5 Years:8%
3 Years:8%
TTM:-19%
Compounded Profit Growth
10 Years:0%
5 Years:-0%
3 Years:-8%
TTM:-16%
Stock Price CAGR
10 Years:20%
5 Years:16%
3 Years:-2%
1 Year:95%
Return on Equity
10 Years:22%
5 Years:22%
3 Years:17%
Last Year:14%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
23 23 23 23 22 22 22 22 22 22 22 22 22
Reserves 342 464 606 704 234 271 367 507 693 829 953 1,068 1,094
Borrowings 407 420 566 1,048 542 580 514 474 611 575 532 295 152
198 275 393 413 138 150 164 171 257 296 304 274 309
Total Liabilities 969 1,182 1,587 2,187 936 1,024 1,067 1,175 1,584 1,723 1,811 1,660 1,577
303 350 426 413 273 316 246 250 312 655 843 785 761
CWIP 113 168 297 746 47 24 33 102 299 126 27 16 23
Investments 0 0 6 9 8 3 0 6 0 0 0 0 5
554 664 858 1,020 608 680 788 816 972 942 941 859 787
Total Assets 969 1,182 1,587 2,187 936 1,024 1,067 1,175 1,584 1,723 1,811 1,660 1,577

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
118 199 185 122 60 34 149 293 220 305 266 400
-124 -167 -320 -417 -182 -71 13 -139 -304 -250 -147 -25
20 -32 132 334 154 -28 -158 -153 112 -100 -116 -377
Net Cash Flow 15 -0 -3 38 33 -65 4 1 28 -46 3 -2

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % 22% 27% 20% 16% 8% 15% 25% 26% 24% 18% 17% 15%
Debtor Days 39 42 41 43 55 57 62 63 69 64 47 40
Inventory Turnover 3.32 3.00 2.99 3.08 2.83 3.06 2.76 2.71 3.14 3.09 2.94 2.91

Shareholding Pattern

Numbers in percentages

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
72.00 72.27 72.27 72.68 72.68 72.75 72.85 72.85 73.05 73.05 73.05 73.05
11.17 10.27 10.02 8.70 7.73 7.71 7.30 7.18 6.91 6.40 5.87 4.68
4.89 5.35 5.15 6.19 7.31 6.82 6.82 7.34 8.20 9.09 10.58 12.11
11.95 12.11 12.56 12.43 12.28 12.72 13.03 12.63 11.84 11.46 10.51 10.16

Documents

Add document