Century Plyboards Q2 Revenue Jumps 29%: Management Sees Strong H2 Growth | Business News | ET Now
ET Now · 05 Nov 2026 · 5 min
Management interview of Century Plyboards (India) Ltd (CENTURYPLY), with 10 key numbers discussed.
- Bajanka, Century Plyboards
Century Plyboards expects growth momentum to sustain in H2FY27, targeting 25% plus growth in plywood and 20% plus in laminates and MDF. The company has passed on higher raw material costs in plywood and laminates, but industry overcapacity in MDF has limited pass-through, resulting in tepid margins. Margin guidance stands at 13-15% for plywood and 10-12% for laminates, with double-digit margins expected for MDF and particle board in H2. Capacity expansion is progressing with Hoshiarpur commencing production and an upcoming Uttar Pradesh plant.