Century Plyboards India Ltd was incorporated in January 1982 by Mr. Sajjan Bhajanka and Mr. Sanjay Agarwal. The company has a diversified portfolio & manufactures plywood, veneer, laminates, medium density fiber (MDF), particle board and allied products. The company is a leading manufacturer and supplier of plywood with a 29% market share in the organized plywood market of India.
Century Plyboards (India) Limited (CPIL) is primarily engaged in manufacturing and sale of Plywood, Laminates, Decorative Veneers, Medium Density Fibre Boards, Pre-laminated Boards, Particle Board, and Flush Doors, and providing Container Freight Station Services. The company's strategic positioning in the Indian plywood industry is particularly noteworthy, as the Indian plywood industry is dominated by unorganized players, who account for ~70% of the total plywood market.
Century Plyboards operates through six segments: Plywood, Laminate, MDF, Particle Board, CFS Services, and Others. The company's product portfolio is comprehensive and includes plywood, block-board, decorative veneer and timber, particle boards, flush doors, medium density fiberboards (MDF), decorative laminates, pre-laminated boards, and fiber cement boards.
The plywood segment, which generates the majority of revenue, sells plywood and other wood products under the Centuryply brand. The company also operates the laminate segment sells laminated wood panels, primarily used in housing construction and renovation. Additionally, the CFS services segment provides container freight stations services.
The company markets its products under various brand names including Century Ply, Century Laminates, Century Doors, Century Veneers, Century Prowud, Century Exteria, and CenturyTeak. The company provides its products primarily under the ARCHITECT PLY, CENTURYEXPERIA, CENTURYTEAK, SAINIK 710, SAINIK MR, SAINIK DOORS, SAINIK LAMINATES, CENTURYDOORS, CENTURYPROWUD, CENTURYLAMINATES, CENTURYVENEERS, Zykron, and CENTURYPLY brands.
Century Plyboards has established a robust manufacturing infrastructure across India. The Company has manufacturing facilities near Kolkata, Karnal, Guwahati, Hoshiarpur, Kandla, and Chennai. Its Container Freight Station (CFS) is located near Kolkata Port.
The company's global presence extends beyond India, as the company operates its manufacturing plants in various Indian states such as West Bengal, Haryana, Assam, Punjab, Gujarat and Tamil Nadu, Myanmar, and Gabon. This strategic geographic distribution allows Century Plyboards to serve diverse markets while maintaining cost efficiency.
Net profit of Century Plyboards (India) declined 34.03% to ₹52.47 Crore in the quarter ended March 2025, as against ₹79.54 Crore during the previous quarter ended March 2024. Sales rose 12.97% to ₹1,198.33 Crore in the quarter ended March 2025, as against ₹1,060.72 Crore during the previous quarter ended March 2024.
For the full year FY25, net profit declined 43.22% to ₹185.32 Crore in the year ended March 2025, as against ₹326.39 Crore during the previous year ended March 2024. Sales rose 16.52% to ₹4,527.80 Crore in the year ended March 2025, as against ₹3,885.95 Crore during the previous year ended March 2024.
- Revenue (FY25): ₹4,527.80 Crore
- Net Profit (FY25): ₹185.32 Crore
- Revenue Growth: 16.52% (YoY)
- Market Capitalization: ₹16,429 Crore (as of July 2025)
Promoter holding in Century Plyboards (India) Ltd has gone up to 72.64% as of March 2025 from 72.59% as of June 2024. This high promoter holding indicates strong management confidence and provides stability to the company's operations.
Century Plyboards has established a significant international presence through its export operations. It exports products to various countries including Indonesia, Singapore, Mexico, the US, Venezuela, the UAE, Egypt, Greece, Sri Lanka, Israel, Vietnam, and Canada. The company offers plywood products under the brand name, Century Ply, and exports its products to over 20 countries.
The company has been actively expanding its manufacturing capabilities. The newly set-up particle board manufacturing unit of the Company at SIPCOT Industrial Park Thervoy Kandigai Gummidipoondi Tiruvallur Tamil Nadu has successfully started its commercial production. Additionally, Century Plyboards (India) has incorporated a wholly-owned subsidiary by the name 'Centuryply Furniture Fittings' at Kolkata on February 18, 2025, for the purpose of manufacturing fitting and fixtures for furniture.
Century Plyboards has achieved several quality certifications and recognitions. It became the first company to receive ISO 9002 certification for veneer and plywood. The company's commitment to quality is further evidenced by CenturyPly being the first ISO 9002 company in India for Veneer and Plywood.
Century Plyboards India Limited stands as a dominant player in the Indian plywood industry, with its strong market position, diversified product portfolio, and extensive manufacturing infrastructure. While the company faced profitability challenges in FY25, its continued revenue growth and strategic expansion initiatives position it well for future opportunities in the growing Indian building materials market.
