Slides
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Financial Results Update for the Year ended 31st March, 2025
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SAFE HARBOR This presentation and the accompanying slides (the “Presentation”), which have been prepared by Century Plyboards (India) Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and at a which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of,or any omission from, this Presentation is expressly excluded. Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward looking statements. Such forward looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and worldwide, competition, the company’s ability to successfully implement its strategy, the Company’s future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company’s market preferences and its exposure to market risks, as well as other risks. The Company’s actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward looking information contained in this Presentation. Any forward looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third party statementsand projections. The financial figures in the Presentation are re-grouped/re-casted/re-arranged for facilitating financial analysis and may not confirm to statutory formats. All the figures except for the whole year are unaudited.
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Contents Topics Page No. Key Highlights 1 - 2 Balance Sheet 3 Key Ratios 4 Working Capital Cycle 5 Profit & Loss - Summary 6 - 7 Plywood - Volumes & Financials 8 - 9 Laminates - Volumes & Financials 10 - 13 MDF - Volumes & Financials 14 - 17 Particle Board - Volumes & Financials 18 - 19 Others - Financial Details 20 Capex Details 21 Term Loan Projection 22 Summary - Consolidated Financials 23
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KEY HIGHLIGHTS 1 The Q4 results for FY 25 are better on both Y-o-Y and Q-o-Q basis. Y-o-Y Standalone revenue indicate a growth of 2.3% (from Rs 1026 crs to Rs 1049 crs) and on consolidated basis, a growth of 13.0% (from Rs 1061 crs to Rs 1198 crs) in revenue. EBITDA margin for the company considering all segment, stood at 13.6% in Q4. Plywood Segment is doing very well and one of the highest growing segment among the entire building material industry. The top line grew by 9.8%. The EBITDA Margin is 15.4%, mainly due to higher volume. Laminate revenue on consolidated level was up by 1.9%. The Standalone EBITDA Margin is 5.6%. The margin was under pressure due to higher scheme discount and sales overheads. MDF revenue on consolidated level grew by 37.5% with an EBITDA margin of 13.2%. We are EBITDA positive in our newly set up plant at Badvel in Q4. Particle Board revenue degrew by 23.2% with 5.6% EBITDA margin in Q4. This is mainly due to lower volume. Q-o-Q Standalone revenue indicate a growth of 4.5% (from Rs 1004 crs to Rs 1049 crs) and on consolidated basis, a growth of 5.1% (from Rs 1141 crs to Rs 1198 crs) in revenue. The top line for Plywood Segment grew by 9.2%. Laminate revenue on consolidated level was up by 2.1%. MDF revenue on consolidated level degrew by 5.7%
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GUIDANCE 2 We target following growth and EBIDTA figures. Segment Sales Growth % EBITDA % Plywood 10% + 12% - 14% Laminates 20% (Consol) 8% to 10% (Standalone) High Single Digit By End Of The Year (Consol) MDF 20% (Consol) 20% (Consol) Particle Board 40% Low Single Digit Steady State Margin of 15%
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BALANCE SHEET – CENTURY PLY STANDALONE *Buyers’ Credit is related to payment of import vendors and hence shown as part of current liabilities for analytical purpose ₹ Crores 3 PARTICULARS 2021 2022 2023 2024 2025 Net Worth (Including Share Capital - 22.25 Cr) 1,264.88 1,564.87 1,888.01 2,180.43 2,437.70 Debt - Long Term Debt (Excl Current Maturities) - FCY 23.73 - - - - - Long Term Debt (Excl Current Maturities) - INR 0.06 0.31 - 0.05 99.98 - Long Term Debt FC - - - - Long Term Debt INR 0.02 - 0.04 - Capex Buyers' Credit - 55.81 72.95 108.65 161.16 - Short Term Debt (From Banks) 57.68 52.36 117.06 206.70 379.42 - Short Term Debt (From Related party) - - - 3.20 - Total Debt 81.47 108.48 190.03 318.60 640.61 Non Current Liabilities 23.32 42.00 28.79 20.35 55.26 Total Liabilities 1,369.67 1,715.35 2,106.83 2,519.38 3,133.57 Fixed Assets 681.72 695.98 957.66 973.37 1,022.72 Capital Work in Progress 21.19 164.76 32.28 221.18 565.68 Investment in CPL (Ongoing Project at A.P.) - 36.05 145.00 145.00 145.00 Investments in Subsidiaries & Others 116.87 118.67 96.38 82.59 81.43 Current Assets - Finished Goods Inventory 132.43 238.59 199.74 238.47 300.39 - Raw Material Inventory 197.73 250.94 302.99 360.55 472.58 - Sundry Debtors 297.01 348.87 380.05 396.20 437.32 - Cash, Bank & Liquid Funds 186.01 249.27 258.15 40.99 13.63 - Other Current Assets 70.17 71.30 79.88 68.79 120.72 - Unsecured Loan to CPL (Ongoing Project at A.P.) - - 103.00 296.00 426.68 - Loans & Advances to Other Subsidiary 5.64 5.79 8.24 147.74 40.41 - Others Loans & Advances 7.29 7.27 Less : Current Liabilites - Sundry Creditors 213.94 254.53 274.35 274.59 268.88 - Buyers' Credit * 15.04 63.25 74.34 61.84 90.59 - Others 188.32 181.48 153.60 146.44 172.69 Net Current Assets 471.69 665.50 829.76 1,065.88 1,286.84 Non Current Assets 78.20 34.39 45.75 31.37 31.89 Total Assets 1,369.67 1,715.35 2,106.83 2,519.39 3,133.57
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KEY RATIOS CENTURY PLY STANDALONE *Buyers’ Credit is related to payment of import vendors and hence shown as part of current liabilities for analytical purpose *ROAE & ROACE are adversely impacted due to deployment of funds in ongoing capex projects which will contribute to profit when they commence full fledged production. 4 KEY RATIOS 2020-21 2021-22 2022-23 2023-24 2024-25 Return on Avg Equity (ROAE) (%) 16.43% 22.99% 23.42% 20.87% 14.85% Return on Avg Capital Employed (ROACE) (%) 20.00% 31.07% 29.09% 24.70% 16.35% Total Debt / EBITDA 0.24 0.19 0.43 0.69 1.40 Total Debt / Equity Ratio 0.06 0.07 0.14 0.17 0.30 Long Term Debt (Incl capex buyers credit)/ Equity Ratio 0 .02 0.04 0.04 0.05 0.11 Interest Cover 25.17 50.96 35.20 17.89 11.96 Fixed Assets Turnover Ratio 3.01 3.49 3.58 3.15 2.56
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WORKING CAPITAL CYCLE CENTURY PLY STANDALONE 5 RATIOS UNIT 2020-21 2021-22 2022-23 2023-24 2024-25 Net Sales for the Period In Rs Cr 2,113.48 3,000.88 3,525.44 3,758.57 4,067.91 Debtor In Rs Cr 297.01 348.87 380.05 396.20 437.33 Annualized Debtor Days (A) 51.29 42.43 39.35 38.48 39.24 Net Sales for the Period In Rs Cr 2,113.48 3,000.88 3,525.44 3,758.57 4,067.91 Raw Material Inventory In Rs Cr 197.73 250.94 302.99 360.55 472.58 Annualized Raw Material Inventory Days (B) 34.15 30.52 31.37 35 .01 42.40 In Rs Cr Net Sales for the Period In Rs Cr 2,113.48 3,000.88 3,525.44 3,758.57 4,067.91 Finished Goods Inventory In Rs Cr 132.43 238.59 199.74 238.47 300.39 Annualized Finished Goods Inventory Days (C) 22.87 29.02 20.68 2 3.16 26.95 In Rs Cr Net Sales for the Period In Rs Cr 2,113.48 3,000.88 3,525.44 3,758.57 4,067.91 Trade Payables In Rs Cr 213.94 254.53 274.35 274.59 268.88 Buyers Credit for Raw Materials In Rs Cr 15.04 63.25 74.34 61.84 90.59 Total Payables In Rs Cr 228.98 317.78 348.69 336.43 359.47 Annualized Payables Days (D) 39.55 38.65 36.10 32.67 32.25 Cash Conversion Cycle (days) = A+B+C-D 68.77 63.32 55.30 63.98 76.34 Cash Conversion Cycle (months) 2.29 2.11 1.84 2.13 2.54
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PROFIT & LOSS – SUMMARY CENTURY PLY STANDLAONE 6 • Extra-ordinary item in the FY 23-24 pertains to impairment loss in our Signapore subsidiary amounting to ₹ 19.60 crores & Infotech subsidiary Rs. 4.46. • Extra-ordinary items in FY 22-23 pertains to impairment loss in our Myanmar subsidiary amounting to Rs. 49.25 crores. • In FY21, ₹ 11.81 crores pertains to reversal of income recognized in previous years which is now disallowed by court order. • Extra-ordinary items in the year 2019-20 pertains to impairment loss in our Laos subsidiary amounting to ₹ 45.63 crores and gain of ₹ 4.77 crores by way of sale of fixed asset. • In FY 23-24 Sales and other expenses include Rs 7.13 crores towards settlement of Entry Tax Liability as per Amnesty Scheme of West Bengal Government. • In FY 23-24 Other Operating Income includes Rs 7.75 crores towards arrears Electricity subsidy for MDF factory at Hoshiarpur, Punjab. 2020-21 2021-22 2022-23 2023-24 2024-25 20 vs 21 21 vs 22 22 vs 23 23 vs 24 24 vs 25 Dec'24 Mar'25 Mar'24 QoQ YoY A1 NET TURNOVER In Rs Cr 2,103.13 2,982.97 3,525.44 3,735 .38 4,012.33 -7.4% 41.8% 18.2% 6.0% 7.4% 988.29 1,031.25 1,021.32 4.3% 1.0% A2 ADD: OTHER OPERATING INCOMES In Rs Cr 10.35 17.91 14.22 23.19 55.58 -16.8% 73.1% -20.6% 63.0% 139.7% 15.21 17.74 4.32 - - A3 TOTAL INCOME In Rs Cr 2,113.48 3,000.88 3,539.66 3,758.5 7 4,067.91 -7.4% 42.0% 18.0% 6.2% 8.2% 1,003.50 1,048.99 1,025.64 4.5% 2.3% B1 MANUFACTURING & DIRECT EXPENSES In Rs Cr 1,374.90 1,934.5 5 2,386.63 2,570.93 2,867.30 -8.0% 40.7% 23.4% 7.7% 11.5% 709.63 741.77 700.92 4.5% 5.8% B2 FOREX LOSS / (GAIN) In Rs Cr (5.95) (6.05) (0.75) (8.45) (2.73) - - - - - 0.44 (0.15) (2.39) - - C1 GROSS PROFIT In Rs Cr 744.53 1,072.38 1,153.78 1,196.09 1,203.34 -5.7% 44.0% 7.6% 3.7% 0.6% 293.43 307.37 327.12 4.8% -6.0% C2 GROSS PROFIT % OF TOTAL INCOME 35.2% 35.7% 32.6% 31.8% 29.6% - - - - - 29.2% 29.3% 31.9% - - D1 SALES & OTHER EXPENSES In Rs Cr 398.47 515.08 542.73 640.98 679.33 -8.1% 29.3% 5.4% 18.1% 6.0% 178.11 165.05 192.32 -7.3% -14.2% D2 EXTRA-ORDINARY ITEM LOSS / (GAIN)* In Rs Cr 11.81 - 49.25 24.06 - - - - - - - - 24.06 - - E1 EBITDA In Rs Cr 334.25 557.30 561.80 531.05 524.01 6.0% 66.7% 0.8% -5.5% -1.3% 115.32 142.33 134.80 23.4% 5.6% E2 EBITDA % OF TOTAL INCOME 15.8% 18.6% 15.9% 14.1% 12.9% - - - - - 11.5% 13.6% 13.1% - - F1 EBITDA (WITHOUT EXTRA-ORDINARY ITEM) In Rs Cr 346.06 557.30 611.05 555.11 524.01 -2.8% 61.0% 9.6% -9.2% -5.6% 115.32 142.33 158.86 23.4% -10.4% F2 EBITDA (WITHOUT EXTRA-ORDINARY ITEM) % OF TOTAL INCOME In Rs C r 16.4% 18.6% 17.3% 14.8% 12.9% - - - - - 11.5% 13.6% 15.5% - - G1 EBITDA WITHOUT FOREX & EXTRA-ORDINARY ITEM In Rs Cr 340.11 551.25 610.30 546.66 521.28 -3.9% 62.1% 10.7% -10.4% -4.6% 115.76 142.18 156.47 22.8% -9.1% G2 EBITDA (W/O FOREX & EXTRA-ORDINARY ITEM) % OF TOTAL INCOME 16.1 % 18.4% 17.2% 14.5% 12.8% - - - - - 11.5% 13.6% 15.3% - - H1 DEPRECIATION In Rs Cr 62.63 67.53 63.58 81.36 88.28 -7.3% 7.8% -5.9% 28.0% 8.5% 22.02 23.37 20.91 6.1% 11.8% H2 Capex Related Forex : Loss / (Gain) - -0.03 1.45 -2.44 2.40 -1.90 4.09 -0.93 Growth %SL PARTICULARS UNIT Quarter Annual Growth %
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PROFIT & LOSS – SUMMARY CENTURY PLY STANDLAONE - continued 7 Note: The company has opted for the new tax regime from the financial year 2021-22 2020-21 2021-22 2022-23 2023-24 2024-25 20 vs 21 21 vs 22 22 vs 23 23 vs 24 24 vs 25 Dec'24 Mar'25 Mar'24 QoQ YoY I1 EBIT (E1 - H) In Rs Cr 271.62 489.80 496.77 452.13 433.33 9.7% 80.3% 1.4% -9.0% -4.2% 95.21 114.87 114.82 20.6% 0.0% I2 EBIT % OF TOTAL INCOME 12.9% 16.3% 14.0% 12.0% 10.7% - - - - - 9.5% 11.0% 11.2% - - J1 INTEREST In Rs Cr 11.38 7.07 9.38 22.12 34.51 -61.2% -37.9% 32.7% 135.8% 56.0% 9.87 8.77 6.82 -11.2% 28.6% J2 FOREX TREATED AS BORROWING COST In Rs Cr (0.59) 2.54 4.73 3.16 1.73 - - - - - (1.97) 1.73 0.26 - - J3 TOTAL BORROWING COST In Rs Cr 10.79 9.61 14.11 25.28 36.24 -71.0% -10.9% 46.8% 79.1% 43.3% 7.90 10.50 7.08 32.9% 48.3% K1 PROFIT BEFORE TAX In Rs Cr 260.83 480.19 482.66 426.85 397.09 24.0% 84.1% 0.5% -11.6% -7.0% 87.31 104.37 107.75 19.5% -3.1% K2 PBT AS % OF TOTAL INCOME 12.3% 16.0% 13.6% 11.4% 9.8% - - - - - 8.7% 9.9% 10.5% - - L TOTAL FOREX (GAIN) / LOSS (IN EBITDA AND FINANCE COST) In Rs C r -6.54 -3.51 3.98 -5.29 -1.00 - - - - - -1.54 1.58 -2.13 - - M1 PROFIT BEFORE TAX (EXCLUDING FOREX) In Rs Cr 254.29 476.65 488.09 419.12 398.49 17.6% 87.4% 2.4% -14.1% -4.9% 83.87 110.04 104.69 31.2% 5.1% M2 PBT (EXCLUDING FOREX) AS % OF TOTAL INCOME In Rs Cr 12.0% 15.9 % 13.8% 11.2% 9.8% - - - - - 8.4% 10.5% 10.2% - - N1 CURRENT TAX In Rs Cr 64.47 121.05 116.02 106.67 101.82 - - - - - 22.52 23.05 27.99 - - N2 MAT CREDIT / DEFERRED TAX In Rs Cr 4.29 33.87 17.78 5.45 10.72 - - - - - 0.94 10.20 2.74 - - N3 TOTAL TAX EXPENSES In Rs Cr 68.76 154.92 133.80 112.12 112.54 31.7% 125.3% -13.6% -16.2% 0.4% 23.46 33.25 30.73 41.7% 8.2% N4 TAX AS % OF PBT 26.4% 32.3% 27.7% 26.3% 28.3% - - - - - 26.9% 31.9% 28.5% - - O1 PROFT AFTER TAX In Rs Cr 192.07 325.27 348.87 314.73 284.56 21.4% 69.4% 7.3% -9.8% -9.6% 63.85 71.12 77.01 11.4% -7.7% O2 PROFIT AS % OF TOTAL INCOME 9.1% 10.8% 9.9% 8.4% 7.0% - - - - - 6.4% 6.8% 7.5% - - Growth %Quarter SL PARTICULARS UNIT Growth %Annual
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PLYWOOD – VOLUME DETAILS CENTURY PLY STANDALONE 8 2020-21 2021-22 2022-23 2023-24 2024-25 20 vs 21 21 vs 22 22 vs 23 23 vs 24 24 vs 25 Dec'24 Mar'25 Mar'24 QoQ YoY A VOLUME A1 -Plywood CBM 2,07,665 2,81,040 3,44,028 3,65,23 3 4,16,476 -6.0% 35.3% 22.4% 6.2% 14.0% 1,00,989 1,08,912 1,01,591 7.8% 7.2% A2 -Decoply CBM 7,481 8,734 10,455 8,645 8,525 -27.3% 16.7% 19.7% -17.3% -1.4% 2,144 2,098 2,050 -2.1% 2.3% A3 -Commercial Veneer CBM 7,482 8,289 6,959 3,368 3,005 -42.8% 10.8% -16.0% -51.6% -10.8% 769 874 1,146 13.6% -23.7% B NET SALES VALUE B1 -Plywood In Rs Cr 984.13 1,408.18 1,810.24 1,976.37 2,299.43 -4.8% 43.1% 28.6% 9.2% 16.3% 559.46 613.20 562.88 9.6% 8.9% B2 -Decoply In Rs Cr 110.09 142.44 178.73 155.40 150.56 -27.0% 29.4% 25.5% -13.1% -3.1% 37.02 38.42 38.45 3.8% -0.1% B3 -Commercial Veneer In Rs Cr 25.90 28.70 17.94 7.28 5.91 -43.9% 10.8% -37.5% -59.4% -18.8% 1.75 1.31 2.38 -25.2% -45.0% Total In Rs Cr 1,120.12 1,579.32 2,006.91 2,139.05 2,455.91 -9.0% 41.0% 27.1% 6.6% 14.8% 598.22 652.92 603.71 9.1% 8.2% C AVERAGE C1 -Plywood Rs. 47,390 50,106 52,619 54,113 55,212 1.2% 5.7% 5.0% 2.8% 2.0% 55,398 56,302 55,406 1.6% 1.6% C2 -Decoply Rs. 1,47,153 1,63,087 1,70,959 1,79,75 7 1,76,611 0.4% 10.8% 4.8% 5.1% -1.7% 1,72,655 1,83,119 1,87,561 6.1% -2.4% C3 -Commercial Veneer Rs. 34,615 34,624 25,781 21,615 19,674 -1.8% 0.0% -25.5% -16.2% -9.0% 22,744 14,975 20,768 -34.2% -27.9% Growth %SL PARTICULARS UNIT Quarter Annual Growth %
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PLYWOOD – FINANCIAL DETAILS CENTURY PLY STANDALONE 9 • Extra-ordinary item in the FY 23-24 pertains to impairment loss in our Singapore subsidiary amounting to ₹ 19.60 crores • Extra-ordinary items in the FY 2022-23 pertains to impairment loss in our Myanmar subsidiary amounting to ₹ 49.25 crores. • Extra-ordinary items in the year 2019-20 pertains to impairment loss in our Laos subsidiary amounting to ₹ 45.63 crores and gain of ₹ 4.77 crores by way of sale of fixed asset. • In FY21, ₹ 11.81 crores pertains to reversal of income recognized in previous years which is now disallowed by court order 2020-21 2021-22 2022-23 2023-24 2024-25 20 vs 2121 vs 22 22 vs 23 23 vs 24 24 vs 25 Dec'24 Mar'25 Mar'24 QoQ YoY A1 NET TURNOVER In Rs Cr 1,120.12 1,579.32 2,006.91 2,139.05 2,455.91 -9.0% 41.0% 27.1% 6.6% 14.8% 598.22 652.92 603.71 9.1% 8.2% A2 ADD: OTHER OPERATING INCOME / INDAS ADJUSTMENT In Rs Cr 3.05 4.49 5.02 7.84 35.22 - - - - - 10.75 12.09 1.95 - - A3 TOTAL INCOME In Rs Cr 1,123.17 1,583.81 2,011.93 2,146.89 2,491.13 -9.0% 41.0% 27.0% 6.7% 16.0% 608.98 665.01 605.66 9.2% 9.8% B1 GROSS PROFIT In Rs Cr 330.73 487.56 585.85 647.11 734.69 -10.1% 47.4% 20.2% 10.5% 13.5% 176.05 198.35 192.00 12.7% 3.3% B2 GROSS PROFIT % OF TOTAL INCOME In Rs Cr 29.4% 30.8% 29.1% 30.1% 29.5% - - - - - 28.9% 29.8% 31.7% - - C1 EBITDA In Rs Cr 121.19 223.45 217.44 262.39 358.32 7.9% 84.4% -2.7% 20.7% 36.6% 77.53 99.43 73.23 28.2% 36% C2 EBITDA % OF TOTAL INCOME In Rs Cr 10.8% 14.1% 10.8% 12.2% 14.4% - - - - - 12.7% 15.0% 12.1% - - D EXTRA-ORDINARY ITEM LOSS / (GAIN)* In Rs Cr 11.81 - 49.25 19.60 - - - - - - - - 19.60 - - E1 EBITDA (WITHOUT EXTRA-ORDINARY ITEM) In Rs Cr 133.00 223.45 266.69 281.99 358.32 -13.2% 68.0% 19.4% 5.7% 27.1% 77.53 99.43 92.83 28.2% 7.1% E2 EBITDA % OF TOTAL INCOME In Rs Cr 11.8% 14.1% 13.3% 13.1% 14.4% - - - - - 12.7% 15.0% 15.3% - - F1 EBITDA (WITHOUT FOREX & EXTRA-ORDINARY ITEM) In Rs Cr 129.17 222.28 267.46 277.67 357.30 -15.5% 72.1% 20.3% 3.8% 28.7% 75.97 102.14 91.68 34.5% 11.4% F2 EBITDA (WITHOUT FOREX & EXTRA-ORDINARY) % OF TOTAL INCOME In Rs Cr 11.5% 14.0% 13.3% 12.9% 14.3% - - - - - 12.5% 15.4% 15.1% - - G1 DEPRECIATION In Rs Cr 11.11 13.08 17.73 22.58 28.45 -8.3% 17.7% 35.6% 27.3% 26.0% 6.94 8.46 6.20 22.0% 36.5% G2 CAPEX RELATED FOREX LOSS/(GAIN) In Rs Cr - - - -0.01 0.08 -0.00 0.09 0.02 G3 SHARE OF UNALLOCABLE EXPENSES / (INCOME) In Rs Cr 18.37 12.74 7.82 8.73 -0.52 - - - - - -1.79 -4.82 4.05 - - H1 SEGMENT PROFIT = (C1-G1+G2) In Rs Cr 128.46 223.11 207.53 248.55 329.27 18.6% 73.7% -7.0% 19.8% 32.5% 68.81 86.05 71.06 25.1% 21.1% H2 SEGMENT PROFIT % OF TOTAL INCOME In Rs Cr 11.4% 14.1% 10.3% 11.6% 13.2% - - - - - 11.3% 12.9% 11.7% - - I1 OPEX FOREX LOSS / (GAIN) In Rs Cr (3.84) (1.17) 0.77 (4.34) (1.02) - - - - - (1.57) 2.72 (1.15) - - I2 SEGMENT PROFIT EXCL FOREX DIFFERENCE In Rs Cr 124.62 221.94 208.30 244.20 328.33 15.3% 78.1% -6.1% 17.2% 34.4% 67.24 88.86 69.93 32.2% 27.1% I3 SEGMENT PROFIT EXCLUDING FOREX DIFFERENCE % 11.1% 14.0% 10.4% 11.4% 13.2% - - - - - 11.0% 13.4% 11.5% - - Growth %SL PARTICULARS UNIT Quarter Annual Growth %
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LAMINATES – VOLUME DETAILS CENTURY PLY STANDALONE 10 2020-21 2021-22 2022-23 2023-24 2024-25 20 vs 21 21 vs 22 22 vs 23 23 vs 24 24 vs 25 Dec'24 Mar'25 Mar'24 QoQ YoY A VOLUME A1 - Laminates NOS. 54,87,222 67,06,596 71,50,683 76,22,918 70,55,645 -10.9% 22.2% 6.6% 6.6% -7.4% 16,77,386 18,27,034 18,54,327 8.9% -1.5% A2 - Exteria Grade Laminates NOS. 30,557 42,641 54,469 48,493 45,372 7.4% 39.5% 27.7% -11.0% -6.4% 11,317 13,379 13,300 18.2% 0.6% B NET SALES VALUE B1 - Laminates In Rs Cr 390.54 541.83 618.40 620.48 576.84 -11.1% 38.7% 14.1% 0.3% -7.0% 139.52 145.80 157.20 4.5% -7.3% B2 - Exteria Grade Laminates In Rs Cr 17.42 25.23 32.86 29.27 25.97 14.2% 44.8% 30.2% -10.9% -11.3% 6.78 7.30 7.73 7.7% -5.6% TOTAL LAMINATES SEGMENT In Rs Cr 407.96 567.06 651.26 649.75 602.82 -10.3% 39.0% 14.8% -0.2% -7.2% 146.30 153.10 164.93 4.6% -7.2% C AVERAGE C1 - Laminates Rs. 712 808 865 814 818 -0.2% 13.5% 7.0% -5.9% 0.4% 832 798 848 -4.1% -5.9% C2 - Exteria Grade Laminates Rs. 5,701 5,917 6,033 6,036 5,724 6.3% 3.8% 2.0% 0.1% -5.2% 5,990 5,456 5,812 -8.9% -6.1% Growth %SL PARTICULARS UNIT Quarter Annual Growth %
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LAMINATES – FINANCIAL DETAILS CENTURY PLY STANDALONE 11 2020-21 2021-22 2022-23* 2023-24 2024-25 20 vs 21 21 vs 22 22 vs 23 23 vs 24 24 vs 25 Dec'24 Mar'25 Mar'24 QoQ YoY A1 Net Turnover In Rs Cr 407.96 567.06 651.26 649.75 602.82 -10.3% 39.0% 14.8% -0.2% -7.2% 146.30 153.10 164.93 4.6% -7.2% A2 Add: Other Operating Incomes/IndAS Adjustment In Rs Cr 7.06 7.60 6.34 6.87 14.87 - - - - - 3.09 3.25 2.25 - - A3 TOTAL INCOME In Rs Cr 415.02 574.66 657.60 656.62 617.69 -10.4% 38.5% 14.4% -0.1% -5.9% 149.38 156.35 167.18 4.7% -6.5% B1 GROSS PROFIT In Rs Cr 161.77 207.38 229.03 231.73 215.46 -1.8% 28.2% 10.4% 1.2% -7.0% 54.35 43.66 58.87 -19.7% -25.8% B2 GROSS PROFIT % OF TOTAL INCOME In Rs Cr 39.0% 36.1% 34.8% 35.3% 34.9% - - - - - 36.4% 27.9% 35.2% - - C1 EBITDA In Rs Cr 74.21 90.35 97.57 72.77 50.38 18.4% 21.7% 8.0% -25.4% -30.8% 11.44 7.93 17.24 -30.7% -54.0% C2 EBITDA % OF TOTAL INCOME In Rs Cr 17.9% 15.7% 14.8% 11.1% 8.2% - - - - - 7.7% 5.1% 10.3% - - D1 EBITDA (Without Forex) In Rs Cr 72.41 85.81 95.14 69.31 48.69 18.8% 18.5% 10.9% -27.1% -29.8% 10.12 8.72 16.11 -13.9% -45.9% D2 EBITDA (without forex) % OF TOTAL INCOME In Rs Cr 17.4% 14.9% 14.5% 10.6% 7.9% - - - - - 6.8% 5.6% 9.6% - - E1 DEPRECIATION In Rs Cr 10.21 11.90 13.10 16.06 17.59 1.7% 16.6% 10.1% 22.6% 9.5% 4.34 4.72 4.10 8.7% 15.1% E2 CAPEX FOREX LOSS/(GAIN) - -0.03 -0.01 -0.02 0.03 -0.01 0.01 -0.02 E3 SHARE OF UNALLOCABLE EXPENSES / (INCOME) In Rs Cr 5.56 7.87 8.17 13.24 -1.63 - - - - - -0.44 -3.43 5.86 - - F1 SEGMENT PROFIT In Rs Cr 69.56 86.34 92.65 69.97 31.14 23.9% 24.1% 7.3% -24.5% -55.5% 6.67 -0.23 19.02 -103.4% -101.2% F2 SEGMENT PROFIT % OF TOTAL INCOME In Rs Cr 16.8% 15.0% 14.1% 10.7% 5.0% - - - - - 4.5% -0.1% 11.4% - - G1 OPEX FOREX LOSS / (GAIN) In Rs Cr (1.80) (4.56) (2.44) (3.48) (1.69) - - - - - (1.32) 0.79 (1.13) - - G2 SEGMENT PROFIT EXCL FOREX DIFFERENCE In Rs Cr 67.76 81.81 90.22 66.51 29.47 24.5% 20.7% 10.3% -26.3% -55.7% 5.34 0.57 17.87 -89.3% -96.8% G3 SEGMENT PROFIT EXCL FOREX DIFFERENCE % 16.3% 14.2% 13.7% 10.1% 4.8% - - - - - 3.6% 0.4% 10.7% - - Growth %SL PARTICULARS UNIT Quarter Annual Growth %
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LAMINATES – VOLUMES CENTURY PLY & CENTURY PANLES CONSOLIDATED 12 2020-21 2021-22 2022-23 2023-24 2024-25 20 vs 21 21 vs 22 22 vs 23 23 vs 24 24 vs 25 Dec'24 Mar'25 Mar'24 QoQ YoY A VOLUME A1 - Laminates NOS. 54,87,222 67,06,596 71,50,683 76,22,918 71,26,727 -10.9% 22.2% 6.6% 6.6% -6.5% 17,90,390 18,59,187 18,54,327 3.8% 0.3% A2 - Exteria Grade Laminates NOS. 30,557 42,641 54,469 48,493 52,078 7.4% 39.5% 27.7% -11.0% 7.4% 13,445 17,311 13,300 28.8% 30.2% - B NET SALES VALUE - B1 - Laminates In Rs Cr 390.54 541.83 618.40 620.48 612.59 -11.1% 38.7% 14.1% 0.3% -1.3% 156.53 153.29 157.20 -2.1% -2.5% B2 - Exteria Grade Laminates In Rs Cr 17.42 25.23 32.86 29.27 32.51 14.2% 44.8% 30.2% -10.9% 11.1% 8.86 10.84 7.73 22.3% 40.2% TOTAL LAMINATES SEGMENT In Rs Cr 407.96 567.06 651.26 649.75 645.10 -10.3% 39.0% 14.8% -0.2% -0.7% 165.39 164.13 164.93 -0.8% -0.5% - C AVERAGE - C1 - Laminates Rs. 712 808 865 814 860 -0.2% 13.5% 7.0% -5.9% 5.6% 874 825 848 -5.7% -2.7% C2 - Exteria Grade Laminates Rs. 5,701 5,917 6,033 6,036 6,242 6.3% 3.8% 2.0% 0.1% 3.4% 6,591 6,262 5,812 -5.0% 7.7% Growth %SL PARTICULARS UNIT Quarter Annual Growth %
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LAMINATES – FINANCIAL DETAILS CENTURY PLY & CENTURY PANELS CONSOLIDATED 13 2020-21 2021-22 2022-23* 2023-24 2024-25 20 vs 21 21 vs 22 22 vs 23 23 vs 24 24 vs 25 Dec'24 Mar'25 Mar'24 QoQ YoY A1 Net Turnover In Rs Cr 407.96 567.06 651.26 649.75 645.10 -10.3% 39.0% 14.8% -0.2% -0.7% 165.39 164.13 164.93 -0.8% -0.5% A2 Add: Other Operating Incomes/IndAS Adjustment In Rs Cr 7.06 7.60 6.34 6.87 7.83 - - - - - 1.53 6.31 2.25 - - A3 TOTAL INCOME In Rs Cr 415.02 574.66 657.60 656.62 652.94 -10.4% 38.5% 14.4% -0.1% -0.6% 166.92 170.43 167.18 2.1% 1.9% - - - B1 GROSS PROFIT In Rs Cr 161.77 207.41 229.03 231.73 215.36 -1.8% 28.2% 10.4% 1.2% -7.1% 58.99 54.25 58.87 -8.0% -7.9% B2 GROSS PROFIT % OF TOTAL INCOME In Rs Cr 39.0% 36.1% 34.8% 35.3% 33.0% - - - - - 35.3% 31.8% 35.2% - - - - - C1 EBITDA In Rs Cr 74.21 90.38 97.57 72.77 35.64 18.4% 21.8% 8.0% -25.4% -51.0% 9.55 1.62 17.24 -83.0% -90.6% C2 EBITDA % OF TOTAL INCOME In Rs Cr 17.9% 15.7% 14.8% 11.1% 5.5% - - - - - 5.7% 1.0% 10.3% - - D1 EBITDA (Without Forex) In Rs Cr 72.41 85.78 95.14 69.31 33.64 18.8% 18.5% 10.9% -27.1% -51.5% 7.47 2.73 16.11 -63.5% -83.1% D2 EBITDA (without forex) % OF TOTAL INCOME In Rs Cr 17.4% 14.9% 14.5% 10.6% 5.2% - - - - - 4.5% 1.6% 9.6% - - E1 DEPRECIATION In Rs Cr 10.21 11.90 13.10 16.06 29.55 1.7% 16.6% 10.1% 22.6% 84.0% 7.25 7.70 4.10 6.3% 87.9% E2 CAPEX FOREX LOSS/(GAIN) -0.01 -0.02 -0.09 -0.16 -0.20 -0.02 E3 SHARE OF UNALLOCABLE EXPENSES / (INCOME) In Rs Cr 5.56 7.87 8.17 13.24 2.81 - - - - - -0.44 1.01 5.86 - - - - - F1 SEGMENT PROFIT In Rs Cr 69.56 86.34 92.65 69.97 8.99 23.9% 24.1% 7.3% -24.5% -87.1% 2.02 -4.87 19.02 -341.2% -125.6% F2 SEGMENT PROFIT % OF TOTAL INCOME In Rs Cr 16.8% 15.0% 14.1% 10.7% 1.4% - - - - - 1.2% -2.9% 11.4% - - 0.0% G1 Opex FOREX LOSS/(GAIN) In Rs Cr (1.80) (4.60) (2.44) (3.48) (2.00) - - - - - (2.08) 1.11 (1.13) - - G2 SEGMENT PROFIT EXCL FOREX DIFFERENCE In Rs Cr 67.76 81.74 90.22 66.51 6.90 24.5% 20.6% 10.4% -26.3% -89.6% (0.22) (3.97) 17.87 1705.6% -122.2% G3 SEGMENT PROFIT EXCL FOREX DIFFERENCE % 16.3% 14.2% 13.7% 10.1% 1.1% - - - - - -0.1% -2.3% 10.7% - - Growth %Growth %SL PARTICULARS UNIT Quarter Annual
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MDF – VOLUME DETAILS CENTURY PLY STANDALONE 14 2020-21 2021-22 2022-23 2023-24 2024-25 20 vs 21 21 vs 22 22 vs 23 23 vs 24 24 vs 25 Dec'24 Mar'25 Mar'24 QoQ YoY A VOLUME A1 PLAIN MDF CBM 1,21,617 1,40,846 1,42,915 1,67,177 1,82,938 -7.2% 15.8% 1.5% 17.0% 9.4% 48,149 41,177 49,614 -14.5% -17.0% A2 PRELAM MDF CBM 25,634 37,090 42,404 52,796 58,451 15.5% 44.7% 14.3% 24.5% 10.7% 14,281 13,309 13,271 -6.8% 0.3% A3 TOTAL CBM 1,47,251 1,77,936 1,85,319 2,19,973 2,41,388 -3.9% 20.8% 4.1% 18.7% 9.7% 62,430 54,486 62,885 -12.7% -13.4% B NET SALES VALUE B1 PLAIN MDF In Rs Cr 272.96 398.61 443.94 502.87 502.69 -3.1% 46.0% 11.4% 13.3% 0.0% 130.23 115.68 140.52 -11.2% -17.7% B2 PRELAM MDF In Rs Cr 86.28 156.82 193.67 237.07 242.17 25.5% 81.8% 23.5% 22.4% 2.2% 61.53 57.47 56.61 -6.6% 1.5% B3 TOTAL In Rs Cr 359.24 555.43 637.61 739.94 744.87 2.5% 54.6% 14.8% 16.0% 0.7% 191.76 173.15 197.13 -9.7% -12.2% C AVERAGE C1 PLAIN MDF Rs. 22,444 28,301 31,063 30,080 27,479 4.4% 26.1% 9.8% -3.2% -8.6% 27,047 28,093 28,323 3.9% -0.8% C2 PRELAM MDF Rs. 33,658 42,280 45,673 44,903 41,432 8.6% 25.6% 8.0% -1.7% -7.7% 43,088 43,182 42,657 0.2% 1.2% C3 TOTAL Rs. 24,396 31,215 34,406 33,638 30,858 6.7% 27.9% 10.2% -2.2% -8.3% 30,717 31,779 31,348 3.5% 1.4% Growth %SL PARTICULARS UNIT Quarter Annual Growth %
Page 18
MDF – FINANCIAL DETAILS CENTURY PLY STANDALONE 15 2020-21 2021-22 2022-23 2023-24 2024-25 20 vs 21 21 vs 22 22 vs 23 23 vs 24 24 vs 25 Dec'24 Mar'25 Mar'24 QoQ YoY A1 NET REVENUE - External Sales In Rs Cr 359.24 555.43 637.61 739.94 744.87 2.5% 54.6% 14.8% 16.0% 0.7% 191.76 173.15 197.13 -9.7% -12.2% A2 Add : Other Operating Income In Rs Cr 0.16 5.46 2.53 8.36 2.81 - - - - - 0.66 1.23 0.07 - - A3 Add : Change in Inventory In Rs Cr - - - - - - - - - - - - - - A4 TOTAL INCOME (Incl. Inventory) In Rs Cr 359.40 560.89 640.14 748.30 747.67 2.5% 56.1% 14.1% 16.9% -0.1% 192.43 174.38 197.20 -9.4% -11.6% B1 GROSS PROFIT In Rs Cr 141.74 238.75 245.95 248.34 209.64 1.7% 68.4% 3.0% 1.0% -15.6% 54.42 55.53 53.70 2.1% 3.4% B2 GROSS PROFIT % OF TOTAL INCOME In Rs Cr 39.4% 42.6% 38.4% 33.2% 28.0% - - - - - 28.3% 31.8% 27.2% - - C1 EBITDA In Rs Cr 92.80 177.80 174.69 162.39 115.23 7.0% 91.6% -1.8% -7.0% -29.0% 28.42 36.84 32.19 29.6% 14.5% C2 EBITDA % OF TOTAL INCOME In Rs Cr 25.8% 31.7% 27.3% 21.7% 15.4% - - - - - 14.8% 21.1% 16.3% - - D1 EBITDA (Without Forex) In Rs Cr 92.73 177.74 176.59 162.08 114.99 7.0% 91.7% -0.6% -8.2% -29.1% 30.74 34.40 32.14 11.9% 7.0% D2 EBITDA (without forex) % OF TOTAL INCOME In Rs Cr 25.8% 31.7% 27.6% 21.7% 15.4% - - - - - 16.0% 19.7% 16.3% - - E1 DEPRECIATION In Rs Cr 19.42 19.66 20.55 31.02 32.15 -0.6% 1.2% 4.5% 50.9% 3.6% 8.08 8.15 7.86 0.8% 3.7% E2 CAPEX FOREX LOSS/(GAIN) - - - -1.91 1.48 -1.27 2.66 -0.40 E3 SHARE OF UNALLOCABLE EXPENSES / (INCOME) In Rs Cr 3.05 7.06 8.62 7.63 2.03 - - - - - 2.42 -4.69 0.19 - - F1 SEGMENT PROFIT In Rs Cr 76.43 165.20 162.75 140.92 83.63 11.6% 116.2% -1.5% -13.4% -40.7% 24.03 21.34 24.92 -11.2% -14.4% F2 SEGMENT PROFIT % OF TOTAL INCOME In Rs Cr 21.3% 29.5% 25.4% 18.8% 11.2% - - - - - 12.5% 12.2% 12.6% - - G1 OPEX FOREX LOSS / (GAIN) In Rs Cr (0.06) (0.06) 1.91 (0.31) (0.24) - - - - - 2.31 (2.44) (0.05) - - G2 SEGMENT PROFIT EXCL FOREX DIFFERENCE In Rs Cr 76.37 165.14 164.66 138.69 84.88 11.6% 116.2% -0.3% -15.8% -38.8% 25.07 21.56 24.47 -14.0% -11.9% G3 SEGMENT PROFIT EXCL FOREX DIFFERENCE % 21.2% 29.4% 25.7% 18.5% 11.4% - - - - - 13.0% 12.4% 12.4% - - Growth %SL PARTICULARS UNIT Quarter Annual Growth %
Page 19
MDF – VOLUME DETAILS CENTURY PLY & CENTURY PANELS CONSOLIDATED 16 2020-21 2021-22 2022-23 2023-24 2024-25 20 vs 21 21 vs 22 22 vs 23 23 vs 24 24 vs 25 Dec'24 Mar'25 Mar'24 QoQ YoY A VOLUME A1 PLAIN MDF CBM 1,21,617 1,40,846 1,42,915 1,67,177 2,82,499 -7.2% 15.8% 1.5% 17.0% 69.0% 80,280 70,161 49,614 -12.6% 41.4% A2 PRELAM MDF CBM 25,634 37,090 42,404 52,796 67,975 15.5% 44.7% 14.3% 24.5% 28.8% 17,824 17,388 13,271 -2.4% 31.0% A3 TOTAL CBM 1,47,251 1,77,936 1,85,319 2,19,973 3,50,474 -3.9% 20.8% 4.1% 18.7% 59.3% 98,104 87,549 62,885 -10.8% 39.2% B NET SALES VALUE B1 PLAIN MDF In Rs Cr 272.96 398.61 443.94 502.87 741.38 -3.1% 46.0% 11.4% 13.3% 47.4% 214.80 193.93 140.52 -9.7% 38.0% B2 PRELAM MDF In Rs Cr 86.28 156.82 193.67 237.07 276.12 25.5% 81.8% 23.5% 22.4% 16.5% 72.53 73.28 56.61 1.0% 29.4% B3 TOTAL In Rs Cr 359.24 555.43 637.61 739.94 1,017.50 2.5% 54.6% 14.8% 16.0% 37.5% 287.33 267.21 197.13 -7.0% 35.6% C AVERAGE C1 PLAIN MDF Rs. 22,444 28,301 31,063 30,080 26,243 4.4% 26.1% 9.8% -3.2% -12.8% 26,756 27,641 28,323 3.3% -2.4% C2 PRELAM MDF Rs. 33,658 42,280 45,673 44,903 40,621 8.6% 25.6% 8.0% -1.7% -9.5% 40,692 42,146 42,657 3.6% -1.2% C3 TOTAL Rs. 24,396 31,215 34,406 33,638 29,032 6.7% 27.9% 10.2% -2.2% -13.7% 29,288 30,521 31,348 4.2% -2.6% Growth %SL PARTICULARS UNIT Quarter Annual Growth %
Page 20
MDF – FINANCIAL DETAILS CENTURY PLY & CENTURY PANELS CONSOLIDATED 17 2020-21 2021-22 2022-23 2023-24 2024-25 20 vs 21 21 vs 22 22 vs 23 23 vs 24 24 vs 25 Dec'24 Mar'25 Mar'24 QoQ YoY A1 NET REVENUE - External Sales In Rs Cr 359.24 555.43 637.61 739.94 1,017.50 2.5% 54.6% 14.8% 16.0% 37.5% 287.33 267.22 197.13 -7.0% 35.6% A2 Add : Other Operating Income In Rs Cr 0.16 5.46 2.53 8.36 4.90 - - - - - 3.72 0.07 - - A3 Add : Change in Inventory In Rs Cr - - - - - - - - - - - - - - A4 TOTAL INCOME (Incl. Inventory) In Rs Cr 359.40 560.89 640.14 748.30 1,022.40 2.5% 56.1% 14.1% 16.9% 36.6% 287.33 270.94 197.20 -5.7% 37.4% B1 GROSS PROFIT In Rs Cr 141.74 238.75 245.95 248.34 232.65 1.7% 68.4% 3.0% 1.0% -6.3% 62.25 74.74 53.70 20.1% 39.2% B2 GROSS PROFIT % OF TOTAL INCOME In Rs Cr 39.4% 42.6% 38.4% 33.2% 22.8% - - - - - 21.7% 27.6% 27.2% - - C1 EBITDA In Rs Cr 92.80 177.80 174.68 162.39 97.53 7.0% 91.6% -1.8% -7.0% -39.9% 36.25 32.66 32.19 -9.9% 1.5% C2 EBITDA % OF TOTAL INCOME In Rs Cr 25.8% 31.7% 27.3% 21.7% 9.5% - - - - - 12.6% 12.1% 16.3% - - D1 EBITDA (Without Forex) In Rs Cr 92.73 177.74 176.59 162.08 102.77 7.0% 91.7% -0.6% -8.2% -36.6% 29.33 35.63 32.14 21.5% 10.9% D2 EBITDA (without forex) % OF TOTAL INCOME In Rs Cr 25.8% 31.7% 27.6% 21.7% 10.1% - - - - - 10.2% 13.2% 16.3% - - E1 DEPRECIATION In Rs Cr 19.42 19.66 20.55 31.02 59.11 -0.6% 1.2% 4.5% 50.9% 90.5% 14.80 14.81 7.86 0.0% 88.4% E2 CAPEX FOREX LOSS/(GAIN) (1.91) 1.98 (8.42) 4.50 (0.40) E3 SHARE OF UNALLOCABLE EXPENSES / (INCOME) In Rs Cr 3.05 7.06 8.62 7.63 8.69 - - - - - 2.42 1.97 0.19 - - F1 SEGMENT PROFIT In Rs Cr 76.43 165.20 162.75 140.92 45.13 11.6% 116.2% -1.5% -13.4% -68.0% 32.29 15.32 24.92 -52.5% -38.5% F2 SEGMENT PROFIT % OF TOTAL INCOME In Rs Cr 21.3% 29.5% 25.4% 18.8% 4.4% - - - - - 11.2% 5.7% 12.6% - - G1 Opex FOREX LOSS/(GAIN) In Rs Cr (0.06) (0.06) 1.91 (0.31) 5.24 - - - - - (6.93) 2.97 (0.05) - - G2 SEGMENT PROFIT EXCL FOREX DIFFERENCE In Rs Cr 76.37 165.14 164.66 138.69 52.35 11.6% 116.2% -0.3% -15.8% -62.3% 16.94 22.79 24.47 34.5% -6.9% G3 SEGMENT PROFIT EXCL FOREX DIFFERENCE % 21.2% 29.4% 25.7% 18.5% 5.1% - - - - - 5.9% 8.4% 12.4% - - Growth %Growth %SL PARTICULARS UNIT Quarter Annual
Page 21
PARTICLE BOARD – VOLUME DETAILS CENTURY PLY STANDALONE 18 2020-21 2021-22 2022-23 2023-24 2024-25 20 vs 2121 vs 2222 vs 2323 vs 2424 vs 25 Dec'24 Mar'25 Mar'24 QoQ YoY A VOLUME A1 PLAIN PARTICLE BOARD CBM 23,680 22,154 15,773 27,975 23,968 -16.4% -6.4% -28.8% 77.4% -14.3% 4,961 3,601 8,085 -27.4% -55.5% A2 PRELAM PARTICLE BOARD CBM 31,292 50,780 57,249 48,703 46,106 -9.0% 62.3% 12.7% -14.9% -5.3% 11,827 11,369 12,817 -3.9% -11.3% A3 TOTAL CBM 54,971 72,934 73,022 76,678 70,074 -12.4% 32.7% 0.1% 5.0% -8.6% 16,788 14,970 20,902 -10.8% -28.4% B NET SALES VALUE B1 PLAIN PARTICLE BOARD In Rs Cr 26.83 32.49 25.22 38.63 33.24 -15.0% 21.1% -22.4% 53.2% -14.0% 6.85 5.30 11.28 -22.7% -53.0% B2 PRELAM PARTICLE BOARD In Rs Cr 63.25 118.06 148.78 118.32 109.51 -6.3% 86.7% 26.0% -20.5% -7.4% 28.07 26.47 31.15 -5.7% -15.0% B3 TOTAL In Rs Cr 90.08 150.55 174.00 156.95 142.75 -9.1% 67.1% 15.6% -9.8% -9.0% 34.93 31.77 42.43 -9.0% -25.1% C AVERAGE C1 PLAIN PARTICLE BOARD Rs. 11,330 14,666 15,989 13,809 13,868 1.7% 29.4% 9.0% -13.6% 0.4% 13,815 14,722 13,952 6.6% 5.5% C2 PRELAM PARTICLE BOARD Rs. 20,213 23,249 25,988 24,294 23,753 3.0% 15.0% 11.8% -6.5% -2.2% 23,735 23,281 24,304 -1.9% -4.2% C3 TOTAL Rs. 16,387 20,642 23,828 20,469 20,372 3.7% 26.0% 15.4% -14.1% -0.5% 20,804 21,222 20,299 2.0% 4.5% Growth %SL PARTICULARS UNIT Quarter Annual Growth
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PARTICLE BOARD – FINANCIAL DETAILS CENTURY PLY STANDALONE 19 2020-21 2021-22 2022-23 2023-24 2024-25 20 vs 21 21 vs 22 22 vs 23 23 vs 24 24 vs 25 Dec'24 Mar'25 Mar'24 QoQ YoY A1 NET REVENUE - EXTERNAL SALES In Rs Cr 90.08 150.55 174.00 156.95 142.75 -9.1% 67.1% 15.6% -9.8% -9.0% 34.93 31.77 42.43 -9.0% -25.1% A2 ADD: OTHER OPERATING INCOME In Rs Cr - 0.25 0.17 0.10 2.20 - - - - - 0.70 0.85 0.05 - - A3 ADD: CHANGE IN INVENTORY In Rs Cr - - - - - - - - - - - - - - A4 TOTAL INCOME(INCL. INVENTORY) In Rs Cr 90.08 150.80 174.17 157.05 144.95 -9.1% 67.4% 15.5% -9.8% -7.7% 35.63 32.62 42.48 -8.5% -23.2% B1 GROSS PROFIT In Rs Cr 31.24 61.41 71.81 51.22 31.18 -17.8% 96.6% 16.9% -28.7% -39.1% 5.27 6.10 11.72 15.8% -48.0% B2 GROSS PROFIT % OF TOTAL INCOME In Rs Cr 34.7% 40.7% 41.2% 32.6% 21.5% - - - - - 14.8% 18.7% 27.6% - - C1 EBITDA In Rs Cr 18.08 40.77 46.50 31.32 11.35 -24.9% 125.5% 14.0% -32.7% -63.8% 0.17 1.71 7.90 926.5% -78.4% C2 EBITDA % OF TOTAL INCOME In Rs Cr 20.1% 27.0% 26.7% 19.9% 7.8% - - - - - 0.5% 5.2% 18.6% - - D1 EBITDA (WITHOUT FOREX) In Rs Cr 18.01 40.81 46.87 30.67 11.63 -24.8% 126.6% 14.9% -34.6% -62.1% 1.72 1.84 7.37 6.6% -75.1% D2 EBITDA (WITHOUT FOREX) % OF TOTAL INCOME In Rs Cr 20.0% 27.1% 26.9% 19.5% 8.0% - - - - - 4.8% 5.6% 17.4% - - E1 DEPRECIATION In Rs Cr 4.54 5.37 5.64 5.83 5.12 -10.0% 18.2% 5.1% 3.3% -12.2% 1.45 0.81 1.47 -43.9% -44.8% E2 CAPEX FOREX LOSS/(GAIN) - - - -0.51 0.80 -1.16 1.33 -0.51 E3 SHARE OF UNALLOCABLE EXPENSES / (INCOME) In Rs Cr 0.33 2.15 2.77 2.06 2.22 - - - - - 0.73 0.09 -0.75 - - F1 SEGMENT PROFIT = (C1-E1+E2) In Rs Cr 13.87 37.55 43.63 28.05 7.65 -28.4% 170.8% 16.2% -35.7% -72.7% 0.60 -0.35 6.18 -157.3% -105.6% F2 SEGMENT PROFIT % OF TOTAL INCOME In Rs Cr 15.4% 24.9% 25.0% 17.9% 5.3% - - - - - 1.7% -1.1% 14.6% - - G1 OPEX FOREX LOSS / (GAIN) In Rs Cr (0.07) 0.03 0.37 (0.65) 0.28 - - - - - 1.56 0.13 (0.52) - - G2 SEGMENT PROFIT EXCL FOREX DIFFERENCE In Rs Cr 13.80 37.59 44.00 27.40 8.73 -28.3% 172.5% 17.0% -37.7% -68.1% 1.01 1.11 5.15 10.7% -78.4% G3 SEGMENT PROFIT EXCL FOREX DIFFERENCE % 15.3% 24.9% 25.3% 17.4% 6.0% - - - - - 2.8% 3.4% 12.1% - - Growth %SL PARTICULARS UNIT Quarter Annual Growth %
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OTHERS – FINANCIAL DETAILS CENTURY PLY STANDALONE 20 2020-21 2021-22 2022-23 2023-242024-25 20 vs 21 21 vs 22 22 vs 23 23 vs 24 24 vs 25 Dec'24 Mar'25 Mar'24 QoQ YoY A1 Net Turnover In Rs Cr 43.47 53.08 55.80 49.69 65.99 -11.1% 22.1% 5.1% -10.9% 32.8% 17.07 20.32 13.11 19.0% 55.0% A2 Add: Other Operating Incomes In Rs Cr 0.01 0.01 0.02 0.02 0.48 - - - - - 0.01 0.31 - - - A3 TOTAL INCOME In Rs Cr 43.47 53.10 55.82 49.71 66.47 -11.2% 22.1% 5.1% -11.0% 33.7% 17.08 20.63 13.11 20.8% 57.4% B1 GROSS PROFIT In Rs Cr 11.36 13.53 9.60 15.05 18.08 26.0% 19.1% -29.0% 56.7% 20.2% 4.61 5.60 5.75 21.6% -2.5% B2 GROSS PROFIT % OF TOTAL INCOME In Rs Cr 26.1% 25.5% 17.2% 30.3% 27.2% - - - - - 27.0% 27.1% 43.8% - - C1 EBITDA In Rs Cr 5.97 7.35 4.74 6.19 0.44 149.4% 23.1% -35.6% 30.6% -93.0% 0.24 -0.57 1.32 -336.5% -143.3% C2 EBITDA % OF TOTAL INCOME In Rs Cr 13.7% 13.9% 8.5% 12.5% 0.7% - - - - - 1.4% -2.8% 10.1% - - D1 EBITDA (Without Forex) In Rs Cr 5.79 7.06 4.85 6.01 0.39 131.6% 22.0% -31.3% 23.9% -93.6% 0.24 -0.60 1.28 -344.1% -146.6% D2 EBITDA (without forex) % OF TOTAL INCOME In Rs Cr 13.3% 13.3% 8.7% 12.1% 0.6% - - - - - 1.4% -2.9% 9.8% - - E1 DEPRECIATION In Rs Cr 0.03 0.03 0.03 0.04 0.09 - - - - - 0.01 0.05 0.02 - - E2 SHARE OF UNALLOCABLE EXPENSES / (INCOME) In Rs Cr - - 0.04 0.03 0.00 - - - - - 0.04 -0.08 - - - F1 SEGMENT PROFIT In Rs Cr 5.94 7.33 4.75 6.18 0.34 150.4% 23.3% -35.1% 30.1% -94.5% 0.27 -0.71 1.30 -367.1% -154.5% F2 SEGMENT PROFIT % OF TOTAL INCOME In Rs Cr 13.7% 13.8% 8.5% 12.4% 0.5% - - - - - 1.6% -3.4% 9.9% - - G1 FOREX LOSS/(GAIN) In Rs Cr (0.18) (0.29) 0.11 (0.18) (0.05) - - - - - 0.00 (0.02) (0.04) - - G2 SEGMENT PROFIT EXCL FOREX DIFFERENCE In Rs Cr 5.76 7.04 4.86 6.00 0.29 132.5% 22.2% -30.9% 23.4% -95.1% 0.27 -0.73 1.26 -373.7% -158.2% G3 SEGMENT PROFIT EXCL FOREX DIFFERENCE % 13.2% 13.2% 8.7% 12.1% 0.4% - - - - - 1.6% -3.6% 9.6% - - Growth %SL PARTICULARS UNIT Quarter Annual Growth %
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₹ CroresCAPEX DETAILS 21 *MDF and Laminate greenfield project is being undertaken through Century Panels Ltd. which is 100% subsidiary of Century Plyboards (India) Ltd Budgeted 2014-15 to Cost 2017-18 MDF - Hoshiarpur Plant 380.0 335.6 13.7 4.8 1.4 - - - - - 355.5 MDF - Expansion at Hoshiarpur 220.0 - - - 15.7 129.8 109.6 - - - 255.2 MDF - Greenfield at Andhra Pradesh * 600.0 - - - - 36.1 82.2 526.5 50.5 34.8 730.0 Laminates - Greenfield at Andhra Pradesh * 200.0 - - - - - 24.4 122.6 12.3 50.8 210.0 PVC Board - Greenfield at Andhra Pradesh 30.0 - - - - - - 18.3 7.9 3.8 30.0 Resin Plant 20.0 20.0 Plywood at Punjab/UP/Orissa 51.4 - - - - - 10.3 21.0 118.7 150.0 Particle Board - Greenfield at Chennai 550.0 - - - - - 58.8 173.9 354.4 20.0 607.1 Solar Plant 14.0 - - - - 8.7 0.7 - - 9.4 Particle Board 67.7 60.5 - - - - - - - 60.5 Laminate 166.0 48.1 15.6 9.7 17.0 10.9 25.9 13.1 9.2 - 149.5 Gabon - Veneer Unit 30.0 - 5.9 10.2 2.7 3.4 - - 22.2 Solar Panel Project 40.0 4.8 22.9 0.8 - - - - 28.6 CFS - 20.1 12.6 30.7 0.4 0.6 18.7 - 83.1 Century Port 71.9 57.2 129.0 Corporate Office + Interior Work 60+50=110 75.3 34.9 -15.0 1.5 5.5 - 5.0 107.2 Joka Unit - 22.7 9.6 3.4 7.9 17.4 17.0 13.4 20.3 10.0 121.7 Gandhidham Unit - 18.1 1.6 0.5 1.0 4.9 8.1 5.6 19.0 10.0 68.8 Karnal Unit - 6.7 5.0 1.5 1.1 7.1 10.6 14.1 3.6 10.0 59.7 Guwahati Unit - 25.0 6.2 2.3 7.0 7.2 6.6 14.3 10.0 10.0 88.5 Chennai Unit - 16.2 22.5 5.1 6.6 16.0 19.7 37.0 11.5 10.0 144.4 Others - 7.1 2.4 3.6 0.6 5.8 11.9 18.4 19.1 10.0 78.8 TOTAL 2,458.7 640.1 152.8 57.7 63.0 253.4 404.4 978.1 589 .5 370.2 3,509.2 2023-24 TotalParticulars 2018-19 2019-20 2020-21 2021-22 2022-23 2025-2624-25
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TERM LOAN PROJECTION 22 ₹ Crores Repayment is based on as per committed repayment schedule. However we can or rather pre pay. Particulars 2024-25 2025-26 2026-27 2027-28 2028-29 2029-3 0 2030-31 2031-32 2032-33 2033-34 2034-35 Opening Buyer's Credit - capex (CPIL) 15.53 15.53 - - - - - - - - - Buyer's Credit - PB Chennai (Capex) 129.30 129.30 129.30 - - - - - - - - Buyer's Credit - MDF 210.88 210.88 178.53 23.75 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Capex LC - Century Port - 2.86 2.86 2.86 - - - - - - - RTL - Laminate 92.45 92.45 90.61 81.37 66.57 51.77 36.97 22.17 7.37 0.00 0.00 RTL - MDF 221.71 219.47 214.50 325.48 266.75 176.35 85.95 0.00 0.00 0.00 0.00 RTL - PB Chennai 100.00 100.00 100.00 83.33 66.66 49.99 33.32 16.65 - - - RTL - Century Port - 86.14 86.14 86.14 89.00 81.58 66.74 51.90 37.06 22.22 7.38 769.87 856.63 801.94 602.93 488.98 359.69 222.98 90.72 44.43 22.22 7.38 Additions Buyer's Credit - capex (CPIL) - - - - - - - - - - - Buyer's Credit - PB Chennai (Capex) - - - - - - - - - - - Buyer's Credit - MDF - - - - - - - - - - Capex LC - Century Port 2.86 - - - - - - - - - - RTL - Laminate - - - - - - - - - - RTL - MDF 32.35 154.78 23.75 - - - - - - - RTL - PB Chennai - - - - - - - - - - RTL - Century Port 86.14 - - 2.86 - - - - - - - 89.00 32.35 154.78 26.61 - - - - - - - Repayments Buyer's Credit - capex (CPIL) 15.53 - - - - - - - - - Buyer's Credit - PB Chennai (Capex) - - 129.30 - - - - - - - - Buyer's Credit - MDF - 32.35 154.78 23.75 - - - - - - - Capex LC - Century Port - - - 2.86 - - - - - - - RTL - Laminate - 1.84 9.24 14.80 14.80 14.80 14.80 14.80 7.37 - - RTL - MDF 2.24 37.32 43.80 82.48 90.40 90.40 85.95 - - - - RTL - PB Chennai - - 16.67 16.67 16.67 16.67 16.67 16.65 - - - RTL - Century Port - - - - 7.42 14.84 14.84 14.84 14.84 14.84 7.38 2.24 87.04 353.79 140.56 129.29 136.71 132.26 46.29 22.21 14.84 7.38 Closing Buyer's Credit - capex (CPIL) 15.53 - - - - - - - - - - Buyer's Credit - PB Chennai (Capex) 129.30 129.30 - - - - - - - - - Buyer's Credit - MDF 210.88 178.53 23.75 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Capex LC - Century Port 2.86 2.86 2.86 - - - - - - - - RTL - Laminate 92.45 90.61 81.37 66.57 51.77 36.97 22.17 7.37 0.00 0.00 0.00 RTL - MDF 219.47 214.50 325.48 266.75 176.35 85.95 0.00 0.00 0.00 0.00 0.00 RTL - PB Chennai 100.00 100.00 83.33 66.66 49.99 33.32 16.65 - - - - RTL - Century Port 86.14 86.14 86.14 89.00 81.58 66.74 51.90 37.06 22.22 7.38 -0.00 856.63 801.94 602.93 488.98 359.69 222.98 90.72 44.43 22.22 7.38 0.00
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SUMMARY – CONSOLIDATED P&L 23 ₹ Crores Auro Sundaram Auro - NCI Century Singapore Singapore NCI Ara,Arham , Apnapan, Adonis Ara, Arham, Adonis, Century Infotech Infotech ADJ Century Panel Century Panel Adj Century MDF Century MDF Adj Century Infra Century Infra Adj Century Pacific Century Pacific Adj Century Ports Century Gabon Century Gabon - Adj INCOME Revenue from Operations 4,067.91 137.24 -135.21 391.38 -83.29 126.01 -4.93 43.28 -14.58 4,527.80 EXPENSES less Other Income 3,546.30 131.01 -134.98 0.01 - 0.05 0.01 - 409.94 -44.40 -0.01 0.63 105.12 -4.92 0.03 0.63 0.01 35.00 -13.45 4,030.97 IMPAIREMENT LOSS - - - - - - - - - - - - - EBITDA 521.61 6.23 -0.23 -0.01 - -0.05 - -0.01 - -18.56 -38.88 0.01 -0.63 20.89 -0.01 -0.03 -0.63 -0.01 8.28 -1.13 496.83 Loss on account of NCI - 13.33 13.33 EBITDA without Extra - Ordinary item 521.61 6.23 -0.23 -0.01 - -0.05 - -0.01 - -18.56 -38.88 0.01 -0.63 20.89 -0.01 -0.03 -0.63 -0.01 8.28 -1.13 496.83 Depreciation and Amortisation Expense 88.28 2.48 - 0.04 - 40.46 - 0.05 - 4.17 - 1.71 - 137.19 EBIT 433.33 3.75 -0.23 -13.38 - -0.05 - -0.01 - -59.03 -38.88 -0.04 -0.63 16.72 -0.01 -0.03 -0.63 -0.01 6.57 -1.13 346.31 Finance Cost 36.24 2.12 - 64.31 -38.11 0.63 -0.63 4.43 -0.01 0.63 -0.63 0.06 - 69.03 PBT 397.09 1.63 -0.23 -13.38 - -0.05 - -0.01 - -123.33 -0.77 -0.67 - 12.29 0.00 -0.66 - -0.01 6.51 -1.13 277.28 Tax Expenses 112.54 0.03 - -22.84 - 1.47 - 91.20 PAT 284.56 1.59 -0.23 -13.38 - -0.05 - -0.01 - -100.49 -0.77 -0.67 - 10.82 0.00 -0.66 - -0.01 6.51 -1.13 186.08 Century Ply - Shareholding 100% 51% - 90.68% - 80% - 99.99% - 100% 100% 100% 100% 100% 100% - - Percentage - Minority Interest - - 49% - 9.32% - 20% - 0.01% - - - - - ` - Non controlling interest - - 0.78 -0.03 -0.02 - -0.01 - -0.00 - - - - - - - - - - ` 284.56 1.59 -1.01 -13.35 0.02 -0.05 0.01 -0.01 0.00 -100.49 - -0.67 - 10.82 0.00 -0.66 - -0.01 6.51 -1.13 186.13 Particulars Century Ply Standalon e SUBSIDIARIES Consoli- dated Total
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Thank You For further information, kindly contact: Arun Julasaria arun@centuryply.com +91 33 3940 3950