What we do Century Plyboards (India) Ltd manufactures and sells plywood, laminates, MDF, particle boards, decorative veneers, flush doors, and offers container freight station services. |
Founded in 1,982 |
Market share A leading player in India's wood panel industry with strong presence in plywood, laminates, and MDF segments. |
Problem solved Provides high-quality wood-based interior solutions and logistics services, addressing demand for durable, eco-friendly building materials and supply chain efficiency. |
Top clients or who we serve Serves B2B and B2C customers including construction, furniture manufacturers, architects, and logistics clients across India and select overseas markets. |
Key management Chairman & MD Sajjan Bhajanka (prominent industry leader) and Executive Director Keshav Bhajanka. |
Our journey and innovations Pioneer in borer-proof plywood (1997) and flexible plywood (2002). Expanded MDF and laminate manufacturing with multiple greenfield projects and overseas ventures. |
Where we operate Operations across major Indian states plus Myanmar, Gabon (Africa) and export markets via subsidiaries. |
Top products or what we offer Plywood, Laminates, Medium Density Fibreboard (MDF), Particle Boards, Decorative Veneers, Flush Doors, and Container Freight Station Services. |
Top brands CenturyPly - #1 plywood brand; Flexoply - flexible plywood; Zykron & Starke - Fibre cement and PVC boards (innovative segments). |
Raw materials needed Timber, resins, chemicals, and additives for wood panel manufacturing. |
Raw materials supplier Suppliers include domestic agro-forestry timber producers and international sources via subsidiaries. |
Recurring vs cyclical contribution Revenue is largely recurring but influenced by real estate and construction cycles. |
Our industry position Strong market leader in plywood with growing footprint in MDF and laminates; recognized brand and extensive distribution. |
Financial highlights FY 24-25 consolidated revenue ₹4,527.8 crore; PAT ₹185.3 crore; growth driven by volume and new capacities; EBITDA margin ~11%. |
Geographical revenue split Majority revenue from India (~96%); overseas contributes ~4% from Myanmar, Gabon, and exports. |
Order book Robust order flow from key verticals with capacity expansions supporting demand growth. |
Whats driving growth Housing demand, real estate growth, product innovation, capacity expansion, and supply chain efficiencies. |
Our future plans Expanding particle board capacity at Tiruvallur; new plywood plant at Punjab; resin manufacturing and port infrastructure projects. |
Our green promise Focus on sustainable timber sourcing including Gabon operations; energy-efficient plants; CSR in environment and social areas. |
Our people and values Strong employee base with emphasis on innovation, integrity, inclusion, and safety; retained Great Place to Work certification. |
Key challenges ahead Raw material availability, inflationary pressures, currency volatility, and competitive market dynamics. |
Interesting facts First in India to launch borer-proof plywood; pioneered flexible plywood; active in backward integration via global subsidiaries. |
Risks and strategy Mitigates supply risks via international timber sourcing; de-risking through product diversification and digital distribution strengthening. |
