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Century Plyboards (India) Q2 FY27: revenue up 28.5% to ₹1,780 Cr, net profit up 46.2% to ₹101 Cr

Results · Finvezto · 5 Nov 2026 · Century Plyboards (India) (CENTURYPLY)

Results Q2 FY27, ₹ Cr

Q2 FY27 results with change on the quarter and on the year
Q2 FY27₹ CrQoQYoY
Revenue1,780-+28.5%
Operating profit230-+31.6%
Net profit101-+46.2%
Operating margin12.9%-+0.3 pp
Net margin5.7%-+0.7 pp

YoY is the company's own figure. QoQ shows where our quarterly series matches the filing.

Key points

  • Century Plyboards reported consolidated revenue of INR 1,780 crores for Q2 FY27, up 28.5% year-on-year, with EBITDA excluding forex losses of INR 232.3 crores and PAT increasing 46% to INR 103.6 crores. Earnings call
  • Plywood revenue grew 28.6% year-on-year with EBITDA margins of 15.7%, supported by healthy volumes, a 7% price hike taken in April, and the commissioning of the greenfield Hoshiarpur plant. Earnings call
  • Laminates delivered 20.6% revenue growth with margins improving to 11.6% driven by an upgraded product mix toward decoratives and compacts alongside export expansion. Earnings call

What to watch

  • Management on mdf volume growth: Going forward, we are confident of 17%- 18% growth, and H2, we are sure we will see the same.
  • Management on mdf margins: But for the time being, the visibility is 10% margins in the second half.

Links

Company page · Results tracker

Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.