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Century Plyboards Q4 Review - Healthy Show: ICICI Direct

Century Plyboards Q4 Review - Healthy Show: ICICI Direct

<div class="paragraphs"><p>Plyboard samples are kept on display in a store. (Photo: Markus Winkler/Unsplash)</p></div>
Plyboard samples are kept on display in a store. (Photo: Markus Winkler/Unsplash)

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct Report

Century Plyboards India Ltd. reported a healthy set of numbers.

The topline was up 21.2% YoY to Rs 895.3 crore, with overall growth in FY21 at ~42% YoY.

Medium density fibre, plywood, laminate revenues grew 36.7%, 19.4%, 13.5% YoY to Rs 163 crore, Rs 477 crore, Rs 174 crore, respectively.

Ebitda margin expanded 80 basis points YoY to 18% on account of operating leverage.

Overall, Century Plyboards' reported profit after tax was up 9.4% YoY to Rs 91 crore, given the healthy operating performance.

Click on the attachment to read the full report:

ICICI Direct Century Ply Q4FY22 Result Update.pdf

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