Century Plyboards (India) Ltd. (CENTURYPLY) AI Stock Analysis

• Market Cap: ₹168.26B
• Dividend Yield: 0.13%
• Average Volume (3M): 3.75K
• Price to Earnings (P/E): 83.0
• Beta (1Y): 1.15
• Revenue Growth: 17.28%
• EPS Growth: -25.98%
• Country: IN
• Employees: 7,155
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): 2.30
• Shares Outstanding: 222,172,990
• 10 Day Avg. Volume: 1,838
• 30 Day Avg. Volume: 3,748
• PEG Ratio: -1.94
• Price to Book (P/B): 6.57
• Price to Sales (P/S): 3.43
• P/FCF Ratio: -23.26
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 15.37
• Revenue Forecast (FY): ₹51.93B

• Rating: 55 Neutral
• Price Target: ₹790.00 ▲(4.63% Upside)

Century Plyboards faces significant challenges with high valuation and declining net income, impacting its overall score. While technical indicators suggest potential for a reversal, the stock's high P/E ratio and low dividend yield indicate overvaluation concerns. Financial performance is mixed, with strong revenue growth offset by cash flow and leverage issues.

Century Plyboards (India) Ltd. Business Overview & Revenue Model

Company Description

Century Plyboards (India) Ltd. (CENTURYPLY) is a leading manufacturer and supplier of plywood and related products in India. Established in 1986, the company operates primarily in the wood panel sector, offering a wide range of products including plywood, blockboards, laminates, and decorative veneers. With a strong emphasis on quality and innovation, Century Plyboards caters to both residential and commercial markets, serving a diverse clientele that includes builders, architects, and furniture manufacturers.

How the Company Makes Money

Century Plyboards generates revenue primarily through the sale of its core products, which include various types of plywood, laminates, and other wood panel solutions. The company operates on a business-to-business (B2B) model, supplying products to construction companies, furniture manufacturers, and retail distributors. Key revenue streams include direct sales to large construction projects, partnerships with retailers for distribution, and exports to international markets. Additionally, Century Plyboards invests in brand development and marketing strategies to enhance its market presence, and it benefits from economies of scale due to its large-scale manufacturing operations. The company also leverages technological advancements in production processes to improve efficiency and reduce costs, thereby contributing to its profitability.

Century Plyboards (India) Ltd. Financial Statement Overview

Summary

Century Plyboards shows solid revenue growth and gross profitability but faces challenges with declining net income and increased leverage. The balance sheet is robust, though rising debt levels could pose future risks. Cash flow management is a concern due to negative free cash flow, suggesting the need for improved operational efficiency and cost management.

Income Statement

Century Plyboards has shown a steady revenue growth trajectory over the years, with a notable increase in gross profit margin. However, there has been a significant drop in net income in the most recent fiscal year, impacting the net profit margin. The EBIT and EBITDA margins have also decreased, indicating potential pressure on operational efficiency.

Balance Sheet

The company maintains a strong equity position, but the debt-to-equity ratio has increased, indicating a rising reliance on debt financing. Return on Equity has decreased, suggesting challenges in delivering returns to shareholders. The equity ratio remains stable, reflecting a healthy asset base.

Cash Flow

There has been a significant deterioration in free cash flow, primarily due to high capital expenditures. The operating cash flow to net income ratio indicates challenges in converting earnings into cash flow, which could strain liquidity if not addressed.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	46.92B	45.28B	38.86B	36.47B	30.09B	21.20B
Gross Profit	21.94B	20.94B	9.69B	17.30B	14.79B	10.79B
EBITDA	5.07B	4.83B	5.65B	6.01B	5.51B	3.42B
Net Income	2.03B	1.85B	3.26B	3.76B	3.13B	1.91B
Balance Sheet
Total Assets	0.00	45.93B	35.53B	27.16B	22.30B	18.12B
Cash, Cash Equivalents and Short-Term Investments	491.42M	905.60M	412.22M	2.60B	2.57B	2.00B
Total Debt	0.00	15.86B	7.71B	3.27B	2.36B	1.66B
Total Liabilities	-23.79B	22.14B	13.46B	8.13B	6.76B	5.45B
Stockholders Equity	23.79B	23.65B	22.12B	19.07B	15.57B	12.67B
Cash Flow
Free Cash Flow	0.00	-6.68B	-5.98B	-527.86M	-63.83M	3.07B
Operating Cash Flow	0.00	-27.33M	2.52B	4.38B	2.76B	3.71B
Investing Cash Flow	0.00	-6.78B	-5.78B	-4.80B	-3.20B	-2.26B
Financing Cash Flow	0.00	6.60B	3.53B	388.40M	348.69M	-1.40B

Century Plyboards (India) Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 755.05
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:CENTURYPLY, the sentiment is Negative. The current price of 755.05 is above the 20-day moving average (MA) of 752.09, below the 50-day MA of 777.90, and above the 200-day MA of 752.00, indicating a bearish trend. The MACD of -7.31 indicates Negative momentum. The RSI at 42.72 is Neutral, neither overbought nor oversold. The STOCH value of 64.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:CENTURYPLY.

Century Plyboards (India) Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
STYLAMIND	74 Outperform	₹34.42B	29.23	―	―	14.45%	-8.00%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
GREENLAM	58 Neutral	₹67.63B	198.61	―	0.15%	10.13%	-73.45%
AIROLAM	57 Neutral	₹1.55B	80.03	―	―	2.96%	-74.25%
RUSHIL	57 Neutral	₹7.34B	31.18	―	0.40%	-2.77%	-50.71%
CENTURYPLY	55 Neutral	₹168.26B	82.99	―	0.13%	17.28%	-25.98%
GREENPANEL	54 Neutral	₹34.87B	160.17	―	0.11%	-9.51%	-82.03%

Century Plyboards (India) Ltd. Corporate Events

Century Plyboards Announces Director Cessation

Century Plyboards (India) Ltd. announced the cessation of Mr. Probir Roy as a Non-Executive Independent Director, effective October 1, 2025, following the completion of his term. This change in directorship is part of the company’s compliance with SEBI regulations, ensuring transparency and adherence to governance standards.

Century Plyboards Sets Record Date for Dividend and AGM

Century Plyboards (India) Ltd. has announced that the record date for determining shareholders eligible for dividends and participation in the upcoming Annual General Meeting is set for September 11, 2025. This announcement is part of the company’s preparations for the Annual General Meeting and aims to ensure that eligible shareholders are duly recognized, which could impact shareholder engagement and satisfaction.