186.70
-0.77%
Century Plyboards (India) Ltd. has gained 53.41% in the last 6 Months
186.70
-0.77%
Edelweiss
Century Plyboards India reported a washout quarter as weaker than expected sales induced a large operating deleverage pressure on margin expansions in Q1FY21.
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Century Plyboards (India) Ltd. is trading above all available SMAs
186.70
-0.77%
BOB Capital Markets Ltd.
Century Plyboards' (CPBI) standalone Q1FY21 revenues contracted 65% YoY, with all major product segments declining by over 60%.
Khambatta Securities released a Buy report for Century Plyboards (India) Ltd. with a price target of 208.0 on 12 Oct, 2020.
186.70
-0.77%
Edelweiss
Century Plyboards India reported weak sales but a margin expansion in Q4FY20. Sales de-grew 10% YoY to INR 524 crore and was 8% below our estimate.
Century Plyboards (I.. has an average target of 176.00 from 5 brokers.
186.70
-0.77%
Sharekhan
Century Plyboards (Century) reported a 10% y-o-y decline in standalone revenue for Q4FY2020 as the quarter was affected by COVID-19 related lockdown during last two weeks of March 2020 (which is considered the peak sales period as dealers stock up to avail annual turnover discounts). Consequently, plywood and laminate divisions registered 13.5%+ y-o-y decline in revenues. The company expects overall Rs. 90 crore loss of revenue due to lockdown. The OPM expanded by 333 bps y-o-y led by improved margins in laminate and MDF verticals. However, OPM was lower by 192 bps q-o-q which came in lower than our estimate.Further, lower interest...
Century Plyboards (India) Ltd. has gained 48.00% in the last 3 Months
186.70
-0.77%
Edelweiss
Century Ply has reported good numbers inspite of a weak demand enviornment in real estate for the 3rd consecutive quarter now.
Century Plyboards (India) Ltd. has gained 53.41% in the last 6 Months
186.70
-0.77%
BOB Capital Markets Ltd.
Century Plyboards' (CPBI) standalone Q3FY20 revenue growth was in line with estimates at 2.9% YoY, aided by 9.5% growth in the MDF segment.
Century Plyboards (India) Ltd. has gained 53.41% in the last 6 Months
186.70
-0.77%
ICICI Securities Limited
MDF division shows improvement in EBITDA margins CPIL reported MDF sales volumes growth by 23% YoY to 33,271 CBM in Q2FY20. We highlight that MDF realisations grew 5% QoQ (grew 3% YoY) to | 23,342/CBM, which is encouraging. MDF EBITDA margin expanded 16.4 percentage points YoY to 22.3% in Q2FY20. This was primarily on account of drop in prices of raw materials viz. glue by 20%, operating leverage on account of higher utilisation and benefits of 3-4% price hikes taken for thick MDF by the company in Q1FY20. For MDF, CPIL has maintained higher focus...
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Century Plyboards (India) Ltd. is trading above all available SMAs
186.70
-0.77%
Edelweiss
Century Ply has reported strong numbers inspite of a weak demand environment in real estate.
Century Plyboards (India) Ltd. has gained 53.41% in the last 6 Months
186.70
-0.77%
ICICI Securities Limited
MDF division shows improvement in EBITDA margins CPIL's MDF facility operated at ~82% capacity utilisation in Q1FY20. MDF EBITDA margins rose to 23.4% in Q1FY20 on account of a number of factors: a) 3-4% hike taken in thicker MDF during the quarter; b) operating leverage on account of higher utilisation; c) cost benefits as prices of adhesives & raw materials have come down & electricity consumption reduced to 250 units/CBM vs. 350 units/CBM earlier. Also, there have been no notable price cuts in the industry recently. With this, the management expects margins to...
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Century Plyboards (India) Ltd. is trading above all available SMAs