ICICI Securities Ltd | Retail Equity Research Century Plyboards' (CPIL) topline grew 3.3% YoY to | 474.2 crore and was in line with our estimate of | 482.8 crore The EBITDA margin declined 90 bps YoY to 15.6% (our expectation: 15.1%) mainly on account of 190 bps contraction in EBIT margin of plywood & allied products division to 13.2% (our estimate: 12.0%) Net profit declined 18.5% YoY to | 40.1 crore (our estimate: | 43.6 crore) mainly on account of EBITDA margin contraction and higher...