Century Plyboards (india) Ltd. · NSE:CENTURYPLY
Century Plyboards (india) — FY2025 Earnings Presentation
27 slides from Century Plyboards (india)'s earnings presentation, March 2025
Slide 1: Financial Results Update for the Year ended 31st March, 2025
Financial Results Update for the Year ended 31st March, 2025
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: Key Highlights
KEY HIGHLIGHTS The Q4 results for FY 25 are better on both Y-o-Y and Q-o-Q basis. Y-o-Y Standalone revenue indicate a growth of 2.3% (from Rs 1026 crs to Rs 1049 crs) and on consolidated basis, a growth of 13.0% (from Rs 1061 crs to Rs 1198 crs) in revenue. EBITDA margin for the company considering
Slide 5: Guidance
GUIDANCE We target following growth and EBIDTA figures. Segment Sales Growth % EBITDA % Plywood 10% + 12% - 14% 8% to 10% (Standalone) Laminates 20% (Consol) High Single Digit By End Of The Year (Consol) MDF 20% (Consol) 15% (Consol) Low Single Digit Particle Board 40% Steady State Margin of 15% 2
Slide 6: Balance Sheet – Century Ply Standalone
BALANCE SHEET – CENTURY PLY STANDALONE ₹ Crores PARTICULARS 2021 2022 2023 2024 2025 Net Worth (Including Share Capital - 22.25 Cr) 1,264.88 1,564.87 1,888.01 2,180.43 2,437.70 Debt - Long Term Debt (Excl Current Maturities) - FCY 23.73 - - - - - Long Term Debt (Excl Current Maturities) - INR 0.06 0
Slide 7: Key Ratios
KEY RATIOS CENTURY PLY STANDALONE KEY RATIOS 2020-21 2021-22 2022-23 2023-24 2024-25 Return on Avg Equity (ROAE) (%) 16.43% 22.99% 23.42% 20.87% 14.85% Return on Avg Capital Employed (ROACE) (%) 20.00% 31.07% 29.09% 24.70% 16.35% Total Debt / EBITDA 0.24 0.19 0.43 0.69 1.40 Total Debt / Equity Ratio
Slide 8: Working Capital Cycle
WORKING CAPITAL CYCLE CENTURY PLY STANDALONE RATIOS UNIT 2020-21 2021-22 2022-23 2023-24 2024-25 Net Sales for the Period In Rs Cr 2,113.48 3,000.88 3,525.44 3,758.57 4,067.91 Debtor In Rs Cr 297.01 348.87 380.05 396.20 437.33 Annualized Debtor Days (A) 51.29 42.43 39.35 38.48 39.24 Net Sales for th
Slide 9: Profit & Loss – Summary Century Ply Standalone
PROFIT & LOSS – SUMMARY CENTURY PLY STANDLAONE Annual Growth % Quarter Growth % SL PARTICULARS UNIT 2020-21 2021-22 2022-23 2023-24 2024-25 20 vs 21 21 vs 22 22 vs 23 23 vs 24 24 vs 25 Dec'24 Mar'25 Mar'24 QoQ YoY A1 NET TURNOVER In Rs Cr 2,103.13 2,982.97 3,525.44 3,735.38 4,012.33 -7.4% 41.8% 18.2
Slide 10: Profit & Loss – Summary Standalone - continued
PROFIT & LOSS – SUMMARY CENTURY PLY STANDLAONE - continued Annual Growth % Quarter Growth % SL PARTICULARS UNIT 2020-21 2021-22 2022-23 2023-24 2024-25 20 vs 21 21 vs 22 22 vs 23 23 vs 24 24 vs 25 Dec'24 Mar'25 Mar'24 QoQ YoY I1 EBIT (E1 - H) In Rs Cr 271.62 489.80 496.77 452.13 433.33 9.7% 80.3% 1.
Slide 11: Plywood – Volume Details
PLYWOOD – VOLUME DETAILS CENTURY PLY STANDALONE Annual Growth % Quarter Growth % SL PARTICULARS UNIT 2020-21 2021-22 2022-23 2023-24 2024-25 20 vs 21 21 vs 22 22 vs 23 23 vs 24 24 vs 25 Dec'24 Mar'25 Mar'24 QoQ YoY A VOLUME A1 -Plywood CBM 2,07,665 2,81,040 3,44,028 3,65,233 4,16,476 -6.0% 35.3% 22.
Slide 12: Plywood – Financial Details
PLYWOOD – FINANCIAL DETAILS CENTURY PLY STANDALONE Annual Growth % Quarter Growth % SL PARTICULARS UNIT 2020-21 2021-22 2022-23 2023-24 2024-25 20 vs 2121 vs 22 22 vs 23 23 vs 24 24 vs 25 Dec'24 Mar'25 Mar'24 QoQ YoY A1 NET TURNOVER In Rs Cr 1,120.12 1,579.32 2,006.91 2,139.05 2,455.91 -9.0% 41.0% 2
Slide 13: Laminates – Volume Details
LAMINATES – VOLUME DETAILS CENTURY PLY STANDALONE Annual Growth % Quarter Growth % SL PARTICULARS UNIT 2020-21 2021-22 2022-23 2023-24 2024-25 20 vs 21 21 vs 22 22 vs 23 23 vs 24 24 vs 25 Dec'24 Mar'25 Mar'24 QoQ YoY A VOLUME A1 - Laminates NOS. 54,87,222 67,06,596 71,50,683 76,22,918 70,55,645 -10.
Slide 14: Laminates – Financial Details
LAMINATES – FINANCIAL DETAILS CENTURY PLY STANDALONE Annual Growth % Quarter Growth % SL PARTICULARS UNIT 2020-21 2021-22 2022-23* 2023-24 2024-25 20 vs 21 21 vs 22 22 vs 23 23 vs 24 24 vs 25 Dec'24 Mar'25 Mar'24 QoQ YoY A1 Net Turnover In Rs Cr 407.96 567.06 651.26 649.75 602.82 -10.3% 39.0% 14.8%
Slide 15: Laminates – Volumes Consolidated
LAMINATES – VOLUMES CENTURY PLY & CENTURY PANLES CONSOLIDATED Annual Growth % Quarter Growth % SL PARTICULARS UNIT 2020-21 2021-22 2022-23 2023-24 2024-25 20 vs 21 21 vs 22 22 vs 23 23 vs 24 24 vs 25 Dec'24 Mar'25 Mar'24 QoQ YoY A VOLUME A1 - Laminates NOS. 54,87,222 67,06,596 71,50,683 76,22,918 71
Slide 16: Laminates – Financial Details Consolidated
LAMINATES – FINANCIAL DETAILS CENTURY PLY & CENTURY PANELS CONSOLIDATED Annual Growth % Quarter Growth % SL PARTICULARS UNIT 2020-21 2021-22 2022-23* 2023-24 2024-25 20 vs 21 21 vs 22 22 vs 23 23 vs 24 24 vs 25 Dec'24 Mar'25 Mar'24 QoQ YoY A1 Net Turnover In Rs Cr 407.96 567.06 651.26 649.75 645.10
Slide 17: MDF – Volume Details
MDF – VOLUME DETAILS CENTURY PLY STANDALONE Annual Growth % Quarter Growth % SL PARTICULARS UNIT 2020-21 2021-22 2022-23 2023-24 2024-25 20 vs 21 21 vs 22 22 vs 23 23 vs 24 24 vs 25 Dec'24 Mar'25 Mar'24 QoQ YoY A VOLUME A1 PLAIN MDF CBM 1,21,617 1,40,846 1,42,915 1,67,177 1,82,938 -7.2% 15.8% 1.5% 1
Slide 18: MDF – Financial Details
MDF – FINANCIAL DETAILS CENTURY PLY STANDALONE Annual Growth % Quarter Growth % SL PARTICULARS UNIT 2020-21 2021-22 2022-23 2023-24 2024-25 20 vs 21 21 vs 22 22 vs 23 23 vs 24 24 vs 25 Dec'24 Mar'25 Mar'24 QoQ YoY A1 NET REVENUE - External Sales In Rs Cr 359.24 555.43 637.61 739.94 744.87 2.5% 54.6%
Slide 19: MDF – Volume Details Consolidated
MDF – VOLUME DETAILS CENTURY PLY & CENTURY PANELS CONSOLIDATED Annual Growth % Quarter Growth % SL PARTICULARS UNIT 2020-21 2021-22 2022-23 2023-24 2024-25 20 vs 21 21 vs 22 22 vs 23 23 vs 24 24 vs 25 Dec'24 Mar'25 Mar'24 QoQ YoY A VOLUME A1 PLAIN MDF CBM 1,21,617 1,40,846 1,42,915 1,67,177 2,82,499
Slide 20: MDF – Financial Details Consolidated
MDF – FINANCIAL DETAILS CENTURY PLY & CENTURY PANELS CONSOLIDATED Annual Growth % Quarter Growth % SL PARTICULARS UNIT 2020-21 2021-22 2022-23 2023-24 2024-25 20 vs 21 21 vs 22 22 vs 23 23 vs 24 24 vs 25 Dec'24 Mar'25 Mar'24 QoQ YoY A1 NET REVENUE - External Sales In Rs Cr 359.24 555.43 637.61 739.9
Slide 21: Particle Board – Volume Details
PARTICLE BOARD – VOLUME DETAILS CENTURY PLY STANDALONE Annual Growth Quarter Growth % SL PARTICULARS UNIT 2020-21 2021-22 2022-23 2023-24 2024-25 20 vs 2121 vs 2222 vs 2323 vs 2424 vs 25 Dec'24 Mar'25 Mar'24 QoQ YoY A VOLUME A1 PLAIN PARTICLE BOARD CBM 23,680 22,154 15,773 27,975 23,968 -16.4% -6.4%
Slide 22: Particle Board – Financial Details
PARTICLE BOARD – FINANCIAL DETAILS CENTURY PLY STANDALONE Annual Growth % Quarter Growth % SL PARTICULARS UNIT 2020-21 2021-22 2022-23 2023-24 2024-25 20 vs 21 21 vs 22 22 vs 23 23 vs 24 24 vs 25 Dec'24 Mar'25 Mar'24 QoQ YoY A1 NET REVENUE - EXTERNAL SALES In Rs Cr 90.08 150.55 174.00 156.95 142.75
Slide 23: Others – Financial Details
OTHERS – FINANCIAL DETAILS CENTURY PLY STANDALONE Annual Growth % Quarter Growth % SL PARTICULARS UNIT 2020-21 2021-22 2022-23 2023-24 2024-25 20 vs 21 21 vs 22 22 vs 23 23 vs 24 24 vs 25 Dec'24 Mar'25 Mar'24 QoQ YoY A1 Net Turnover In Rs Cr 43.47 53.08 55.80 49.69 65.99 -11.1% 22.1% 5.1% -10.9% 32.
Slide 24: Capex Details
CAPEX DETAILS ₹ Crores Budgeted 2014-15 to Particulars 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 24-25 2025-26 Total Cost 2017-18 MDF - Hoshiarpur Plant 380.0 335.6 13.7 4.8 1.4 - - - - - 355.5 MDF - Expansion at Hoshiarpur 220.0 - - - 15.7 129.8 109.6 - - - 255.2 MDF - Greenfield at Andhra Pr
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 2033-34 2034-35 Opening Buyer's Credit - capex (CPIL) 15.53 15.53 - - - - - - - - - Buyer's Credit - PB Chennai (Capex) 129.30 129.30 129.30 - - - - - - - - Buyer's Credit - MDF 210.88 2
Slide 26: Summary – Consolidated P&L
SUMMARY – CONSOLIDATED P&L ₹ Crores Century SUBSIDIARIES Consoli- Ply Ara,Arham Ara, Century Particulars dated Standalon Auro Auro - NCI Century Singapore , Apnapan, Arham, Century Infotech Century Century Century Century Century Century Century Century Century Century Gabon - Sundaram Singapore NCI
Slide 27: Thank You
Thank You For further information, kindly contact: Arun Julasaria arun@centuryply.com +91 33 3940 3950
Century Plyboards (India) — FY2025 Earnings Presentation on 6ix