BSE:532548

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Century Plyboards (India)

Executive Summary

Century Plyboards (India) Limited manufactures and sells plywood, laminates, decorative veneers, medium density fibre boards (MDF), pre-laminated boards, particle boards, and flush doors in India and internationally. More Details


Snowflake Analysis

Flawless balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

How has Century Plyboards (India)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 532548 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 532548's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

0.6%

532548

0.9%

IN Forestry

1.8%

IN Market


1 Year Return

15.8%

532548

-13.5%

IN Forestry

7.9%

IN Market

Return vs Industry: 532548 exceeded the Indian Forestry industry which returned -13.5% over the past year.

Return vs Market: 532548 exceeded the Indian Market which returned 7.9% over the past year.


Shareholder returns

532548IndustryMarket
7 Day0.6%0.9%1.8%
30 Day16.0%11.7%10.9%
90 Day34.4%1.6%9.8%
1 Year16.6%15.8%-12.3%-13.5%10.0%7.9%
3 Year-34.3%-35.6%-42.7%-56.5%8.1%2.8%
5 Year8.5%5.5%19.5%-9.3%55.3%43.6%

Long-Term Price Volatility Vs. Market

How volatile is Century Plyboards (India)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Century Plyboards (India) undervalued compared to its fair value and its price relative to the market?

44.15x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 532548 (₹200.35) is trading above our estimate of fair value (₹34.44)

Significantly Below Fair Value: 532548 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 532548 is poor value based on its PE Ratio (44.2x) compared to the IN Forestry industry average (9.1x).

PE vs Market: 532548 is poor value based on its PE Ratio (44.2x) compared to the Indian market (17.3x).


Price to Earnings Growth Ratio

PEG Ratio: 532548 is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: 532548 is overvalued based on its PB Ratio (4x) compared to the IN Forestry industry average (0.6x).


Next Steps

Future Growth

How is Century Plyboards (India) forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

33.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 532548's forecast earnings growth (33.2% per year) is above the savings rate (7.2%).

Earnings vs Market: 532548's earnings (33.2% per year) are forecast to grow faster than the Indian market (24.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 532548's revenue (16% per year) is forecast to grow faster than the Indian market (11.5% per year).

High Growth Revenue: 532548's revenue (16% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 532548's Return on Equity is forecast to be low in 3 years time (16.7%).


Next Steps

Past Performance

How has Century Plyboards (India) performed over the past 5 years?

-8.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 532548 has a large one-off loss of ₹436.4M impacting its September 30 2020 financial results.

Growing Profit Margin: 532548's current net profit margins (5.4%) are lower than last year (7.4%).


Past Earnings Growth Analysis

Earnings Trend: 532548's earnings have declined by 8.8% per year over the past 5 years.

Accelerating Growth: 532548's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 532548 had negative earnings growth (-41.9%) over the past year, making it difficult to compare to the Forestry industry average (-44.9%).


Return on Equity

High ROE: 532548's Return on Equity (6.7%) is considered low.


Next Steps

Financial Health

How is Century Plyboards (India)'s financial position?


Financial Position Analysis

Short Term Liabilities: 532548's short term assets (₹7.1B) exceed its short term liabilities (₹3.9B).

Long Term Liabilities: 532548's short term assets (₹7.1B) exceed its long term liabilities (₹692.2M).


Debt to Equity History and Analysis

Debt Level: 532548's debt to equity ratio (11.4%) is considered satisfactory.

Reducing Debt: 532548's debt to equity ratio has reduced from 102.8% to 11.4% over the past 5 years.

Debt Coverage: 532548's debt is well covered by operating cash flow (278.2%).

Interest Coverage: 532548's interest payments on its debt are well covered by EBIT (7.1x coverage).


Balance Sheet


Next Steps

Dividend

What is Century Plyboards (India) current dividend yield, its reliability and sustainability?

0.50%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 532548's dividend (0.5%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.52%).

High Dividend: 532548's dividend (0.5%) is low compared to the top 25% of dividend payers in the Indian market (2.1%).


Stability and Growth of Payments

Stable Dividend: 532548's dividend payments have been volatile in the past 10 years.

Growing Dividend: 532548's dividend payments have not increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (22%), 532548's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 532548's dividends in 3 years are forecast to be well covered by earnings (16.1% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

9.7yrs

Average management tenure


CEO

Sanjay Agarwal (59 yo)

no data

Tenure

₹12,000,000

Compensation

Mr. Sanjay Agarwal serves as Independent Non- Executive Director of Linc Pen & Plastics Limited since February 12, 2019. Mr. Agarwal has been the Managing Director of Century Plyboards (India) Limited sinc...


CEO Compensation Analysis

Compensation vs Market: Sanjay's total compensation ($USD162.09K) is below average for companies of similar size in the Indian market ($USD384.73K).

Compensation vs Earnings: Sanjay's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Sajjan Bhajanka
Chairman of the Board & MD9.08yrs₹12.00m12.07%
₹ 5.4b
Sanjay Agarwal
MD, CEO & Executive Directorno data₹12.00m11.2%
₹ 5.0b
Hari Agarwal
Vice Chairman of the Board3.17yrs₹6.00m2.6%
₹ 1.2b
Vishnu Khemani
MD & Executive Directorno data₹12.00m8.46%
₹ 3.8b
Prem Bhajanka
MD & Executive Director12.58yrs₹12.00m2.1%
₹ 936.1m
Arun Julasaria
Chief Financial Officer16.25yrs₹14.57m0.0050%
₹ 2.2m
Sundeep Jhunjhunwala
Compliance Officer & Company Secretary7.08yrs₹3.76mno data
Ajay Baldawa
Executive Director26.67yrs₹24.00m0.034%
₹ 15.0m
Keshav Bhajanka
Executive Director4.83yrs₹5.00m0.23%
₹ 100.2m
Ashutosh Jaiswal
President of IB Division & Logisticsno data₹10.50mno data
Navarun Sen
Executive LOB Head of Panelno data₹9.49mno data
Shankho Chowdhury
Executive LOB Head of Decorativesno data₹10.61mno data

9.7yrs

Average Tenure

61.5yo

Average Age

Experienced Management: 532548's management team is seasoned and experienced (9.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sajjan Bhajanka
Chairman of the Board & MD9.08yrs₹12.00m12.07%
₹ 5.4b
Sanjay Agarwal
MD, CEO & Executive Directorno data₹12.00m11.2%
₹ 5.0b
Hari Agarwal
Vice Chairman of the Board3.17yrs₹6.00m2.6%
₹ 1.2b
Vishnu Khemani
MD & Executive Directorno data₹12.00m8.46%
₹ 3.8b
Prem Bhajanka
MD & Executive Director12.58yrs₹12.00m2.1%
₹ 936.1m
Ajay Baldawa
Executive Director26.67yrs₹24.00m0.034%
₹ 15.0m
Keshav Bhajanka
Executive Director4.83yrs₹5.00m0.23%
₹ 100.2m
Nikita Bansal
Executive Director3.67yrs₹2.40m0.031%
₹ 13.9m
Vijay Chhibber
Non-Executive Independent Director3.67yrs₹650.00kno data
Sunil Mitra
Lead Independent Director0.58yr₹600.00kno data
Santanu Ray
Non-Executive Independent Director9.08yrs₹825.00kno data
Mamta Binani
Non-Executive Independent Director6.33yrs₹875.00kno data

5.6yrs

Average Tenure

65yo

Average Age

Experienced Board: 532548's board of directors are considered experienced (5.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Century Plyboards (India) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Century Plyboards (India) Limited
  • Ticker: 532548
  • Exchange: BSE
  • Founded: 1982
  • Industry: Forest Products
  • Sector: Materials
  • Market Cap: ₹44.512b
  • Shares outstanding: 222.17m
  • Website: https://www.centuryply.com

Location

  • Century Plyboards (India) Limited
  • P-15/1, Taratala Road
  • Kolkata
  • West Bengal
  • 700088
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532548BSE (Mumbai Stock Exchange)YesEquity SharesININROct 2004
CENTURYPLYNSEI (National Stock Exchange of India)YesEquity SharesININROct 2004

Biography

Century Plyboards (India) Limited manufactures and sells plywood, laminates, decorative veneers, medium density fibre boards (MDF), pre-laminated boards, particle boards, and flush doors in India and inter...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/29 12:24
End of Day Share Price2020/11/27 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.