Century Plyboards (India) Limited — Investor Meet, 04-06-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Century Plyboards’ consolidated revenue rose 13% to INR1,198 Cr in Q4, led by a 9.8% jump in plywood revenue and 37.5% surge in MDF revenue with 13.2% EBITDA margin; Andhra Pradesh MDF plant turned EBITDA positive. Laminate revenue grew 1.9%, but margins faced pressure; particle board revenue dropped 23.2%. Capacity expansions are underway in plywood and particle board, aiming for margin improvements. Management sees MDF demand growing over 20%, expects gradual price hikes, and highlights export potential. Working capital is improving with planned debt reduction by FY27. Sentiment is confident on volume growth and margin recovery.