The demand environment has been sluggish due to the interest rates shooting up and burdening consumers with rising EMIs.

Century Plyboards Says Rural Slump Hasn’t Hurt Demand

BQ Conversations | Future Of The Indian Consumer Market Is the Indian consumer taking a backseat or are trends mixed? We speak to multiple consumer companies this week on the same. Kickstarting the conversation is Century Plyboards’ Keshav Bhajanka.

BQ Conversations | Future Of The Indian Consumer Market

HDFC Securities is bullish on Century Plyboards India has recommended buy rating on the stock with a target price of Rs 715 in its research report dated February 09, 2023.

Buy Century Plyboards India; target of Rs 715: HDFC Securities

Sharekhan is bullish on Century Plyboards has recommended buy rating on the stock with a target price of Rs 620 in its research report dated February 08, 2023.

Buy Century Plyboards; target of Rs 620: Sharekhan

India’s leading plywood maker Century Plyboards (India) Ltd on Tuesday reported a standalone net profit of Rs 81.36 crore in the third quarter ended December 2022, a 16 per cent decline compared to a net profit of Rs 97.27 crore a year ago.

Century Ply profit slips by 16% y-o-y to Rs 81 cr in Dec quarter

Net Sales are expected to decrease by 2.4 percent Y-o-Y (down 8 percent Q-o-Q) to Rs. 828 crore, according to Sharekhan.

Century Plyboards Q3 PAT may dip 16.3% YoY to Rs. 81 cr: Sharekhan

ICICI Direct is bullish on Century Plyboards (India) recommended buy rating on the stock with a target price of Rs 695 in its research report dated November 13, 2022.

Buy Century Plyboards (India); target of Rs 695: ICICI Direct

Century Plyboards has procured about 30 acres of land in Chennai to set up a new unit for manufacturing

CenturyPly mulls particle board unit in TN at an investment of ₹550 crore

As such, CACL has become a wholly owned subsidiary of Century Panels and a step down subsidiary of Century Plyboards (India) with effect from 1 October 2022.

Century Panels acquires Century Adhesives & Chemicals

Century Plyboards is expecting a 20-25 per cent growth in revenue this fiscal and is setting up a new Rs 700-crore manufacturing plant in Andhra Pradesh, its ED Keshav Bhajanka said

Century Plyboards expecting 20-25% revenue growth this fiscal year

In an interview with PTI, Century Plyboards (India) Ltd Executive Director Keshav Bhajanka said the demand for all of its products is strong, primarily from retail consumers, driven by a revival in the housing segment. “We are expecting 20-25 per cent growth this fiscal in our annual turnover,” ED K…

Century Plyboards eyes 20-25pc revenue growth this fiscal from Rs 3,050cr in FY22

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Century Plyboards (India) Limited is a plywood manufacturer. The Company's segments include plywood, laminate, CFS services and Others.