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Century Plyboards (India) Ltd. Stock Analysis

Small Cap
Evaluated by 2379 users | BSE: 532548 | NSE: CENTURYPLY |
Wood & Wood Products
Century Plyboards (India), incorporated in 1982, is well-known manufacturer of plywood and decorative veneers. The company was formed by Sajjan Bhajanka and Sanjay Agarwal. The manufacturing facility of company is located at Bishnupur near Joka, Kolkata.Century Plyboards is largest seller...
1. Right Stock
Very Good
2. Right Price
3. Right Time

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Century Plyboards (India) Ltd. has performed well in majority of the past ten years indicating its past ten year financial track record is very good
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 18.34%16.95%11.06%15.66%20.29%21.21%16.6%13.24%13.41%14.77%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 8771,1181,1311,2841,5651,6361,7821,9672,2642,283
Y-o-Y Gr. Rt.-27.5%1.1%13.5%21.9%4.5%9%10.4%15.1%0.8%
Adjusted EPS (Rs.) 3.353.152.223.556.277.497.77.057.338.29
Y-o-Y Gr. Rt.--6%-29.5%59.9%76.6%19.5%2.8%-8.4%4%13.1%
Book Value per Share (Rs.) 12.4313.9711.1613.0417.3723.6331.8937.7143.6248.31
Adjusted Net Profit 74.370.149.278.8139166171157163184
Net Op. Cash Flow (Rs. Cr.) 54.523.848.130.6138289223283226426
Debt to Cash Flow from Ops 3.8714.939.7316.033.641.592.731.962.360.63
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Century Plyboards (India) Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 11.2%7.8%8.6%0.8%
Adjusted EPS 10.6%5.7%2.5%13.1%
Book Value per Share 16.322.714.910.8
Share Price 16.9% 2% -13.8% 15.8%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 29.3223.7117.5129.1441.0436.4427.7420.2518.0318.03
Operating Profit Margin (%) 11.1612.569.9812.9315.9617.3416.3815.6513.5815.32
Net Profit Margin (%) 8.486.264.356.148.910.179.67.967.28.07
Debt to Equity 0.761.141.891.691.30.880.860.660.550.25
Working Capital Days 143135155162155151144148127118
Cash Conversion Cycle 686683951009882807169
Corporate Governance What do we look at?
Corporate Governance
Board Credentials
Promoter's holding
Transparency
Integrity
Entity Percentage Holding
Promoters 73.05%
Institutions 16.45%
Non-Institutions 10.50%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

MoneyWorks4Me analysed the past 10-year performance of Century Plyboards (India) Ltd. and arrived at the following conclusion:

Past 10 year's financial track record indicates that Century Plyboards (India) Ltd. is a good quality company. However, for specific investment actions please connect with your investment advisor.

The 5-year analysis of Century Plyboards (India) Ltd.'s performance infers:

Century Plyboards (India) Ltd. earnings have grown by 5.7%, whereas share price has appreciated 2% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Century Plyboards (India) Ltd. share prices over the last 10 years. Here is what we found out:

Century Plyboards (India) Ltd. share price has appreciated 12.5% annually over the past ten years.

Century Plyboards (India), incorporated in 1982, is well-known manufacturer of plywood and decorative veneers. The company was formed by Sajjan Bhajanka and Sanjay Agarwal. The manufacturing facility of company is located at Bishnupur near Joka, Kolkata.

Century Plyboards is largest seller of plywood and decorative veneers in the Indian organized plywood market.

It became first company to received

Century Plyboards (India), incorporated in 1982, is well-known manufacturer of plywood and decorative veneers. The company was formed by Sajjan Bhajanka and Sanjay Agarwal. The manufacturing facility of company is located at Bishnupur near Joka, Kolkata.

Century Plyboards is largest seller of plywood and decorative veneers in the Indian organized plywood market.

It became first company to received ISO 9002 certification for its quality management under veneer and plywood. In the year 2002, Centuryply introduced Flexoply, the only flexible plywood variety.

Since inception the company has introduced various products such as boiling water resistant decorative veneer, seven-year powder proof guaranteed PF plywood, non–leachable firesafe plywood, architect ply and fantasy range of decorative veneer.

The company markets its products under the brand name ‘Centuryply’. It commenced production of its laminate plant in the year 2004. Century Ply also started manufacturing ‘Centuryply Mica’, which is one of the flagship brands.

In 2005, the company started manufacturing Hi–Pressure Laminates, Pre-Laminated Particle Board and MDF.

The company exports its products to 20 countries that include UAE, China, Taiwan, Bangladesh, Singapore, Hong Kong, Saudi Arabia, France, UK, Germany, Mexico, Canada and Switzerland, among others.

The company's subsidiaries include Cement Manufacturing Company (CMCL), Megha Technical & Engineers (MTEPL), Auro Sundaram Ply & Doors (ASPDPL) and Star Cement Meghalaya (SCML).

Products

Plywood- Century Ply is engaged in the manufacture of a wide range of plywood such as Architect, BWR Flexible Decorative, Marine Grade and MR Grade Commercial Ply, among others.

Adhesives- It manufactures three types of adhesive such as Centuryply Adhesive SH, Centuryply DDL Binder and

Centuryply SR Adhesive for various surfaces.

The company also manufactures Laminates, Decorative veneers and Prelam Medium Density Fibre (MDF) Board

Awards

2012
Century Plyboards (India) Ltd won Alumni Acheivement Awards
Century Plyboards (India) Ltd won Cool Tool Award 2012 Winner
Century Plyboards (India) Ltd won Network Marketing Awards"

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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