Century Plyboards India Limited announced a robust performance for the second quarter of FY27, ending September 30, 2026. The company achieved a consolidated revenue of ₹1,780 crores, marking a significant year-on-year growth of 28.5%. EBITDA, excluding forex losses, rose to ₹232.3 crores, with a margin of 13.1%, and Profit After Tax (PAT) increased by 46% to ₹103.6 crores compared to the previous year. The company highlighted strong performance across its plywood, laminate, MDF, and particle board businesses.
Century Plyboards India Reports Strong Q2 FY27 Results
Century Plyboards India Limited has announced its financial results for the second quarter of FY27, ending September 30, 2026, showcasing significant growth and improved profitability. The company recorded its highest-ever quarterly consolidated revenue at ₹1,780 crores, representing a substantial year-on-year increase of 28.5%.
Key Financial Highlights
The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA), after excluding forex losses, stood at ₹232.3 crores, translating to a margin of 13.1%. This compares favorably to the ₹181.6 crores reported in the corresponding quarter of the previous year. Profit After Tax (PAT) also saw a substantial jump of 46% year-on-year, reaching ₹103.6 crores from ₹70.9 crores in the same quarter last year.
Business Segment Performance
The company detailed strong performance across its various business segments. The Plywood business continues to expand capacity and focus on brand-building, with its greenfield plant in Hoshiarpur commencing operations. Brownfield expansions at Guwahati and Kandla are progressing as planned. The Laminate business maintained its momentum, achieving revenue growth of 20.6% year-on-year with an improved EBITDA margin of 11.6%.
The MDF business demonstrated resilience, reporting revenue growth of 13.6% sequentially and 10.5% year-on-year, with an improved EBITDA margin of 8.9%. The Particle Board business crossed the milestone of ₹100 crores in quarterly revenue for the first time, with revenue increasing by 16.8% sequentially and 211% year-on-year. The newly established Logistics business also performed well, reporting revenue of ₹58.8 crores, a year-on-year growth of 72.7%.
Financial Outlook and Strategy
The financial overview indicates an improvement in profitability and returns, with Return on Equity (ROE) increasing from 13.1% in FY26 to 16.6% in Q2 FY27. The company’s focus remains on improving utilization, enhancing asset productivity, and generating sustainable returns through disciplined capital allocation. Century Plyboards is targeting double-digit EBITDA margins by the year-end, with a particular focus on the second half of the fiscal year.
Source: BSE
