Century Plyboards (India) Limited announced its financial results for the second quarter of FY2026-27. The company achieved its highest-ever quarterly revenue of ₹1,780 crore, marking a significant 28.5% year-over-year increase. Profit After Tax (PAT) also saw a substantial rise of 46% YoY to ₹103.63 crore. The robust performance was driven by strong contributions from all key business segments, particularly Plywood, Laminates, MDF, Particle Board, and Logistics services.
Century Plyboards Announces Strong Q2 FY27 Results
Century Plyboards (India) Limited has reported its financial and business highlights for the second quarter of the fiscal year 2026-27. The company achieved a record-breaking quarterly revenue of ₹1,780 crore, representing a robust 28.5% year-over-year (YoY) growth. This expansion was fueled by strong performance across its diverse business segments.
Consolidated Financial Performance
The overall consolidated financial performance for Q2 FY2026-27 demonstrated significant improvement. Revenue growth of 28.5% YoY underscores the company’s strong market position and operational execution. The EBITDA margin, excluding forex losses, stood at 13.1%, reflecting healthy operational efficiency. Furthermore, Profit After Tax (PAT) surged by 46% YoY to ₹103.63 crore, compared to ₹70.95 crore in the corresponding quarter of the previous fiscal year.
Segment-wise Performance Highlights
Plywood segment showcased strong growth with healthy margins, delivering a revenue increase of 14.0% QoQ and 28.6% YoY, with an EBITDA margin of 15.7%.
The Laminates segment maintained its growth momentum, growing 13.9% QoQ and 20.6% YoY, achieving an EBITDA margin of 11.6%.
In the MDF segment, the company demonstrated resilience amidst competitive pressure, with revenue growing 13.6% QoQ and 10.5% YoY. The EBITDA margin improved sequentially to 8.9%.
The Particle Board segment experienced strong scale-up in operations, with revenue growth of 16.8% QoQ and an impressive 211.0% YoY, accompanied by an EBITDA margin of 7.4%.
The Logistics segment reported strong revenue growth of 8.5% QoQ and 72.7% YoY, with improved profitability and an EBITDA margin of 25.5%.
Guidance for FY26-27
Looking ahead to FY2026-27, Century Plyboards has provided guidance indicating expectations for continued growth. The company anticipates a revenue value growth of 25%+ for Plywood and 20%+ for Laminates. MDF is projected to grow between 16%-18%, while Particle Board is expected to see over 100% growth. Logistics services are guided for a growth of over 65%. EBITDA margins are also projected to remain healthy across segments.
Source: BSE