Century Plyboards (india) Ltd. · NSE:CENTURYPLY
Century Plyboards (india) — Q2 FY2024-25 Earnings Presentation
27 slides from Century Plyboards (india)'s earnings presentation, October 2024
Slide 1: Financial Results Update for the Year ended 30th Sep 2024
Financial Results Update for the Year ended 3oth SEP, 2024
Slide 2: Safe Harbor
SAFE HARBOR This presentation and the accompanying slides (the “Presentation”), which have been prepared by Century Plyboards (India) Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for
Slide 3: Contents
Contents Topics Page No. Key Highlights 1-2 Balance Sheet 3 Key Ratios 4 Working Capital Cycle 5 Profit & Loss - Summary 6-7 Plywood - Volumes & Financials 8-9 Laminates - Volumes & Financials 10 - 13 MDF - Volumes & Financials 14 - 17 Particle Board - Volumes & Financials 18 - 19 Others - Financial
Slide 4: Standalone Key Highlights
STANDALONE KEY HIGHLIGHTS The Company as a standlone as well as consolidated level, has delivered the highest ever topline in a quarter. On Standalone Y-o-Y basis, the top line grew from Rs 961.7 crs to Rs 1,063.2 crs i.e. growth of 10.6% On Standalone Q-o-Q basis, the top line grew from Rs 952.2 cr
Slide 5: Standalone Key Highlights - Continued
STANDALONE KEY HIGHLIGHTS - Continued Going forward for the H2 2024-25 we target following growth and EBIDTA figures. Segment Sales Growth % EBITDA % Plywood 12% 12% to 14% Laminate 10% 10% to 12% MDF 40%+ 15% PB Flat 12% to 14% 2
Slide 6: Balance Sheet – Century Ply Standalone
BALANCE SHEET – CENTURY PLY STANDALONE ₹ Crores PARTICULARS 2020 2021 2022 2023 2024 As on 30.06.24 As on 30.09.24 Net Worth (Including Share Capital - 22.25 Cr) 1,073.38 1,264.88 1,564.87 1,888.01 2,180.43 2,253.89 2,304.34 Debt - Long Term Debt (Excl Current Maturities) - FCY 51.50 23.73 - - - - -
Slide 7: Key Ratios Century Ply Standalone
KEY RATIOS CENTURY PLY STANDALONE KEY RATIOS 2019-20 2020-21 2021-22 2022-23 2023-24 Q1 24-25 Q2 24-25 Return on Avg Equity (ROAE) (%) 15.49% 16.43% 22.99% 23.42% 20.87% 17.98% 16.31% Return on Avg Capital Employed (ROACE) (%) 17.60% 20.00% 31.07% 29.09% 24.70% 21.37% 19.40% Total Debt / EBITDA 0.60
Slide 8: Working Capital Cycle Century Ply Standalone
WORKING CAPITAL CYCLE CENTURY PLY STANDALONE RATIOS UNIT 2019-20 2020-21 2021-22 2022-23 2023-24 Q1 24-25 Q2 24-25 Net Sales for the Period In Rs Cr 2,282.68 2,113.48 3,000.88 3,525.44 3,758.57 943.39 1,049.39 Debtor In Rs Cr 258.16 297.01 348.87 380.05 396.20 414.09 440.69 Annualized Debtor Days (A
Slide 9: Profit & Loss – Summary Century Ply Standalone
PROFIT & LOSS – SUMMARY CENTURY PLY STANDLAONE Annual Growth % Quarter Growth % Half Year Growth% SL PARTICULARS UNIT 2019-20 2020-21 2021-22 2022-23 2023-24 19 vs 20 20 vs 21 21 vs 22 22 vs 23 23 vs 24 Jun'24 Sep'24 Sep'23 QoQ YoY Sep'24 Sep'23 H1 to H1 A1 NET TURNOVER In Rs Cr 2,270.24 2,103.13 2,
Slide 10: Profit & Loss – Summary Century Ply Standalone - continued
PROFIT & LOSS – SUMMARY CENTURY PLY STANDLAONE - continued Annual Growth % Quarter Growth % Half Year Growth% SL PARTICULARS UNIT 2019-20 2020-21 2021-22 2022-23 2023-24 19 vs 20 20 vs 21 21 vs 22 22 vs 23 23 vs 24 Jun'24 Sep'24 Sep'23 QoQ YoY Sep'24 Sep'23 H1 to H1 I1 EBIT (E1 - H) In Rs Cr 247.63
Slide 11: Plywood – Volume Details
PLYWOOD – VOLUME DETAILS CENTURY PLY STANDALONE Annual Growth % Quarter Growth % Half Year Growth% SL PARTICULARS UNIT 2019-20 2020-21 2021-22 2022-23 2023-24 19 vs 20 20 vs 21 21 vs 22 22 vs 23 23 vs 24 Jun'24 Sep'24 Sep'23 QoQ YoY Sep'24 Sep'23 H1 to H1 A VOLUME A1 -Plywood CBM 2,20,813 2,07,665 2
Slide 12: Plywood – Financial Details
PLYWOOD – FINANCIAL DETAILS CENTURY PLY STANDALONE Annual Growth % Quarter Growth % Half Year Growth% SL PARTICULARS UNIT 2019-20 2020-21 2021-22 2022-23 2023-24 19 vs 2020 vs 2121 vs 2222 vs 2324 vs 23 Jun'24 Sep'24 Sep'23 QoQ YoY Sep'24 Sep'23 H1 to H1 A1 NET TURNOVER In Rs Cr 1,230.99 1,120.12 1,
Slide 13: Laminates – Volume Details
LAMINATES – VOLUME DETAILS CENTURY PLY STANDALONE Annual Growth % Quarter Growth % Half Year Growth% SL PARTICULARS UNIT 2019-20 2020-21 2021-22 2022-23 2023-24 17 vs 18 19 vs 20 20 vs 21 21 vs 22 22 vs 23 23 vs 24 Jun'24 Sep'24 Sep'23 QoQ YoY Sep'24 Sep'23 H1 to H1 A VOLUME A1 - Laminates NOS. 61,6
Slide 14: Laminates – Financial Details
LAMINATES – FINANCIAL DETAILS CENTURY PLY STANDALONE Annual Growth % Quarter Growth % Half Year Growth% SL PARTICULARS UNIT 2019-20 2020-21 2021-22 2022-23* 2023-24 17 vs 18 19 vs 20 20 vs 21 21 vs 22 22 vs 23 23 vs 24 Jun'24 Sep'24 Sep'23 QoQ YoY Sep'24 Sep'23 H1 to H1 A1 Net Turnover In Rs Cr 454.
Slide 15: Laminates – Volumes Consolidated
LAMINATES – VOLUMES CENTURY PLY & CENTURY PANLES CONSOLIDATED Annual Growth % Quarter Growth % Half Year Growth% SL PARTICULARS UNIT 2019-20 2020-21 2021-22 2022-23 2023-24 17 vs 18 19 vs 20 20 vs 21 21 vs 22 22 vs 23 23 vs 24 Jun'24 Sep'24 Sep'23 QoQ YoY Sep'24 Sep'23 H1 to H1 A VOLUME A1 - Laminat
Slide 16: Laminates – Financial Details Consolidated
LAMINATES – FINANCIAL DETAILS CENTURY PLY & CENTURY PANELS CONSOLIDATED Annual Growth % Quarter Growth % Half Year Growth% SL PARTICULARS UNIT 2019-20 2020-21 2021-22 2022-23* 2023-24 19 vs 20 20 vs 21 21 vs 22 22 vs 23 23 vs 24 Jun'24 Sep'24 Sep'23 QoQ YoY Sep'24 Sep'23 H1 to H1 A1 Net Turnover In
Slide 17: MDF – Volume Details
MDF – VOLUME DETAILS CENTURY PLY STANDALONE Annual Growth % Quarter Growth % Half Year Growth% SL PARTICULARS UNIT 2019-20 2020-21 2021-22 2022-23 2023-24 19 VS 20 20 vs 21 21 vs 22 22 vs 23 23 vs 24 Jun'24 Sep'24 Sep'23 QoQ YoY Sep'24 Sep'23 H1 to H1 A VOLUME A1 PLAIN MDF CBM 1,30,989 1,21,617 1,40
Slide 18: MDF – Financial Details
MDF – FINANCIAL DETAILS CENTURY PLY STANDALONE Annual Growth % Quarter Growth % Half Year Growth% SL PARTICULARS UNIT 2019-20 2020-21 2021-22 2022-23 2023-24 19 vs 2020 vs 2121 vs 2222 vs 2323 vs 24 Jun'24 Sep'24 Sep'23 QoQ YoY Sep'24 Sep'23 H1 to H1 A1 NET REVENUE - External Sales In Rs Cr 350.38 3
Slide 19: MDF – Volume Details Consolidated
MDF – VOLUME DETAILS CENTURY PLY & CENTURY PANELS CONSOLIDATED Annual Growth % Quarter Growth % Half Year Growth% SL PARTICULARS UNIT 2019-20 2020-21 2021-22 2022-23 2023-24 19 VS 20 20 vs 21 21 vs 22 22 vs 23 23 vs 24 Jun'24 Sep'24 Sep'23 QoQ YoY Sep'24 Sep'23 H1 to H1 A VOLUME A1 PLAIN MDF CBM 1,3
Slide 20: MDF – Financial Details Consolidated
MDF – FINANCIAL DETAILS CENTURY PLY & CENTURY PANELS CONSOLIDATED Annual Growth % Quarter Growth % Half Year Growth% SL PARTICULARS UNIT 2019-20 2020-21 2021-22 2022-23 2023-24 19 vs 2020 vs 2121 vs 2222 vs 2323 vs 24 Jun'24 Sep'24 Sep'23 QoQ YoY Sep'24 Sep'23 H1 to H1 A1 NET REVENUE - External Sale
Slide 21: Particle Board – Volume Details
PARTICLE BOARD – VOLUME DETAILS CENTURY PLY STANDALONE Annual Growth % Quarter Growth % Half Year Growth% SL PARTICULARS UNIT 2019-20 2020-21 2021-22 2022-23 2023-24 19 vs 2020 vs 2121 vs 2222 vs 2323 vs 24 Jun'24 Sep'24 Sep'23 QoQ YoY Sep'24 Sep'23 H1 to H1 A VOLUME A1 PLAIN PARTICLE BOARD CBM 28,3
Slide 22: Particle Board – Financial Details
PARTICLE BOARD – FINANCIAL DETAILS CENTURY PLY STANDALONE Annual Growth % Quarter Growth % Half Year Growth% SL PARTICULARS UNIT 2019-20 2020-21 2021-22 2022-23 2023-24 19 vs 20 20 vs 2121 vs 2222 vs 2323 vs 24 Jun'24 Sep'24 Sep'23 QoQ YoY Sep'24 Sep'23 H1 to H1 A1 NET REVENUE - EXTERNAL SALES In Rs
Slide 23: Others – Financial Details
OTHERS – FINANCIAL DETAILS CENTURY PLY STANDALONE Annual Growth % Quarter Growth % Half Year Growth% SL PARTICULARS UNIT 2019-20 2020-21 2021-22 2022-23 2023-24 19 vs 20 20 vs 2121 vs 2222 vs 2323 vs 24 Jun'24 Sep'24 Sep'23 QoQ YoY Sep'24 Sep'23 H1 to H1 A1 Net Turnover In Rs Cr 48.92 43.47 53.08 55
Slide 24: Capex Details
CAPEX DETAILS ₹ Crores Budgeted 2014-15 to 24-25 Particulars 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2025-26 Total Cost 2017-18 H1 H2 MDF - Hoshiarpur Plant 380.00 335.62 13.65 4.82 1.42 - - - - - - 355.51 MDF - Expansion at Hoshiarpur 220.00 - - - 15.74 129.84 109.62 - - - - 255.20 MDF - Gr
Slide 25: Term Loan Projection
TERM LOAN PROJECTION ₹ Crores Particulars 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 2032-33 Opening Buyer's Credit - capex (CPIL) 108.65 55.28 - - - - - - - Buyer's Credit - PB Chennai (Capex) 141.47 141.47 141.47 - - - - - - Buyer's Credit - capex (MDF) 159.05 142.64 142.64 14
Slide 26: Summary – Consolidated P&L
SUMMARY – CONSOLIDATED P&L ₹ Crores Century SUBSIDIARIES Consoli- Ply Ara,Arham Ara, Century Particulars Auro Century Singapore Century Infotech Century Century Century Century Century Century Century Century Century Century dated Standalon Auro - NCI , Apnapan, Arham, Gabon - Sundaram Singapore NCI
Slide 27: Thank You
Thank You For further information, kindly contact: Arun Julasaria arun@centuryply.com +91 33 3940 3950
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