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Century Plyboards Q4 Review - Strong Performance Again: ICICI Direct

Century Plyboards Q4 Review - Strong Performance Again: ICICI Direct

A crane moves prefabricated wooden sections in Canada. (Photographer James MacDonald/Bloomberg)
A crane moves prefabricated wooden sections in Canada. (Photographer James MacDonald/Bloomberg)

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ICICI Direct Report

Century Plyboard India Ltd.’s Q4 FY21 performance was highlighted by robust growth across segments, aided by demand recovery amid a benign base.

Topline was up 40.9% YoY to Rs 738.6 crore, with overall decline in FY21 at a meagre 7% YoY.

Medium density fibre, plywood, laminate revenues grew 41.2%, 43%, 44.2% YoY to Rs 119.1 crore, Rs 399.2 crore, Rs 152.9 crore, respectively.

Ebitda margin was up 380 basis points YoY to 17.2% on account of operating leverage.

Overall, reported profit after tax was up 115% YoY to Rs 83.2 crore, given the healthy operating performance.

Click on the attachment to read the full report:

ICICI Direct Century Ply Q4FY21 Result Update.pdf

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