Century Plyboards (India) Limited (NSE:CENTURYPLY) Just Released Its First-Quarter Results And Analysts Are Updating Their Estimates

Investors in Century Plyboards (India) Limited (NSE:CENTURYPLY) had a good week, as its shares rose 2.6% to close at ₹720 following the release of its first-quarter results. Century Plyboards (India) reported in line with analyst predictions, delivering revenues of ₹10b and statutory earnings per share of ₹14.69, suggesting the business is executing well and in line with its plan. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

View our latest analysis for Century Plyboards (India)

Taking into account the latest results, the current consensus from Century Plyboards (India)'s nine analysts is for revenues of ₹44.5b in 2025. This would reflect a decent 11% increase on its revenue over the past 12 months. Per-share earnings are expected to surge 30% to ₹16.08. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹44.5b and earnings per share (EPS) of ₹15.22 in 2025. So the consensus seems to have become somewhat more optimistic on Century Plyboards (India)'s earnings potential following these results.

The consensus price target was unchanged at ₹756, implying that the improved earnings outlook is not expected to have a long term impact on value creation for shareholders. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. The most optimistic Century Plyboards (India) analyst has a price target of ₹873 per share, while the most pessimistic values it at ₹632. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 15% growth on an annualised basis. That is in line with its 15% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 11% annually. So although Century Plyboards (India) is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry.

The Bottom Line

The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Century Plyboards (India) following these results. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. The consensus price target held steady at ₹756, with the latest estimates not enough to have an impact on their price targets.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for Century Plyboards (India) going out to 2027, and you can see them free on our platform here..

It is also worth noting that we have found 1 warning sign for Century Plyboards (India) that you need to take into consideration.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.