CENTURYPLYCentury Plyboards (India) Ltd.
Century Plyboards (India) Q2 FY27 Results: Consolidated Net Profit ₹104 Crore on Total Income of ₹1,782 Crore
- Earnings
- Plywood and laminates
Reviewed byRachit TripathiBlacklitt Research
Century Plyboards (India) (NSE: CENTURYPLY) reported consolidated total income of ₹1,782.14 crore and net profit of ₹103.63 crore for the quarter ended 30 Sep 2026, it said in a filing on 04 Nov 2026. Standalone total income was ₹1,542.75 crore and standalone net profit ₹101.08 crore.
Key highlights
Consolidated
Including its subsidiaries
- Total income: ₹1,782.14 crore, up 28.4% YoY and 14.0% QoQ
- Net profit: ₹103.63 crore, up 46.1% YoY and 24.4% QoQ
- EPS: ₹4.53 basic, against ₹3.10 a year earlier
- Finance costs: ₹33.94 crore, up 8.8% YoY
Standalone
The company on its own, without its subsidiaries
- Total income: ₹1,542.75 crore, up 27.0% YoY and 13.5% QoQ
- Net profit: ₹101.08 crore, up 38.9% YoY and 7.0% QoQ
- EPS: ₹4.55 basic, against ₹3.27 a year earlier
- Finance costs: ₹20.86 crore, up 25.0% YoY
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 1,782.14 | 1,387.45 | +28.4% | 1,563.55 | +14.0% | |
| Revenue from operations | 1,780.04 | 1,385.53 | +28.5% | 1,561.38 | +14.0% |
| Other income | 2.09 | 1.92 | +9.3% | 2.17 | -3.5% |
| 103.63 | 70.94 | +46.1% | 83.30 | +24.4% | |
| Profit before tax | 141.20 | 97.87 | +44.3% | 116.81 | +20.9% |
| Finance costs | 33.94 | 31.19 | +8.8% | 30.09 | +12.8% |
| Depreciation | 56.68 | 45.76 | +23.9% | 47.58 | +19.1% |
| Tax expense | 37.58 | 26.93 | +39.6% | 37.68 | -0.3% |
| Net profit margin | 5.81% | 5.11% | +0.70 pp | 5.33% | +0.49 pp |
| EPS, basic (₹) | 4.53 | 3.10 | +46.1% | 3.61 | +25.5% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Consolidated net profit grew faster than income. Net profit rose 46.1% YoY to ₹103.63 crore while total income rose 28.4%, and profit before tax rose 44.3%. Tax expense grew 39.6%, so the tax line did not hold back profit growth in the year.
Other income is small at ₹2.09 crore, or 0.1% of total income, so the result rests on operating revenue of ₹1,780.04 crore. Finance costs of ₹33.94 crore are 1.9% of total income, up 8.8% from the year-earlier quarter while depreciation rose 23.9%.
The consolidated figures include a note that an expense of ₹7.68 crore for the year ended 31 Mar 2026, linked to the New Labour Codes, was disclosed as an exceptional item. The consolidated statement shows no exceptional item for the quarter itself. The company says the Logistics Services segment operating expenses were re-grouped for prior periods.
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 1,542.75 | 1,215.09 | +27.0% | 1,358.72 | +13.5% | |
| Revenue from operations | 1,530.36 | 1,204.77 | +27.0% | 1,348.18 | +13.5% |
| Other income | 12.38 | 10.32 | +20.0% | 10.54 | +17.5% |
| 101.08 | 72.76 | +38.9% | 94.49 | +7.0% | |
| Profit before tax | 136.06 | 98.50 | +38.1% | 129.09 | +5.4% |
| Finance costs | 20.86 | 16.69 | +25.0% | 18.59 | +12.2% |
| Depreciation | 37.10 | 34.45 | +7.7% | 36.72 | +1.0% |
| Tax expense | 34.98 | 25.73 | +35.9% | 34.60 | +1.1% |
| Net profit margin | 6.55% | 5.99% | +0.56 pp | 6.95% | -0.40 pp |
| EPS, basic (₹) | 4.55 | 3.27 | +39.1% | 4.25 | +7.1% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone net profit rose 38.9% YoY to ₹101.08 crore, slower than the consolidated rise of 46.1%. Standalone total income grew 27.0%, and profit before tax grew 38.1%, so the standalone profit growth tracks its income growth closely.
Other income of ₹12.38 crore is 0.8% of total income, and it grew 20.0% YoY. Tax expense of ₹34.98 crore is 25.7% of profit before tax, against 26.1% a year earlier, computed from the year-earlier figures in the table.
Against the previous quarter, standalone net profit rose 7.0% while total income rose 13.5%, so the sequential profit growth was slower than income growth. The standalone statement shows no exceptional items for the quarter.
Inference
The filing says the standalone paid-up equity share capital is ₹5.27 crore at a face value of Re. 1 each, and that the statement shows dividends paid of ₹22.22 crore in the half year ended 30 Sep 2026. The filing does not say which financial year that dividend relates to.
The standalone operating cash flow for the half year was ₹65.60 crore, against ₹290.10 crore a year before, and standalone trade receivables rose to ₹673.34 crore from ₹518.96 crore at 31 Mar 2026. The filing does not give the reasons for these changes, and the effect on future cash flow is not known.
The auditors, S.R. Batliboi & Co. LLP, expressed an unmodified conclusion on both sets of results. The filing does not say why finance costs rose.
Filed with BSE on . Reference: Original filing (PDF)
Disclaimer:
The information available on this article is provided for education and informational purposes only. It does not constitute or provide financial, investment or trading advice and should not be construed as an endorsement of any specific stock or financial strategy in any form or manner. We do not make any representations or warranties regarding the quality, reliability, or accuracy of the information provided. This website may contain links to third-party content. We are not responsible for the content or accuracy of these external sources and do not endorse or verify the information provided by third parties. We are not liable for any decisions made or actions taken based on the information provided on this website.