Century Plyboards Targets Over 15% Revenue Growth as Plywood, MDF, and Laminates Demand Surges Across India

Century Plyboards, one of India's leading wood-panel manufacturers, has reportedly projected a strong double-digit growth for the current fiscal year, with expectations of revenue rising by more than 15 percent. The Kolkata-based company is said to be banking on robust demand across its plywood, medium-density fibreboard (MDF), and laminates segments to drive this ambitious expansion.

According to industry sources, the company also aims to sustain healthy profit margins going forward, supported by operational efficiencies and improved cost structures. This optimistic outlook comes at a time when the broader Indian real estate and construction sector continues to demonstrate strong momentum.

Strong Q2 Performance Signals Growth Momentum

In the second quarter of FY26, Century Plyboards reportedly recorded a sharp increase in both revenue and profitability. Revenue is understood to have risen by nearly 17 percent year-on-year, while net profit nearly doubled compared to the same period last year. Operational margins also expanded significantly, reflecting improved efficiencies and better cost control across the organisation.

The EBITDA margin is said to have risen from just over 9 percent to more than 12 percent, indicating enhanced operating leverage and disciplined cost management. This financial performance aligns with the broader trend of resilient home sales in India that continue to drive demand for building materials and interior furnishing products.

Market Share Gains and Operational Highlights

Century Plyboards has reportedly continued to strengthen its market position, particularly in the plywood segment, where its share has grown to approximately 9 percent in what remains a largely fragmented industry. The company is also understood to be optimistic about demand trends across residential interiors, commercial furnishing, and institutional projects.

Several key contributing factors have been identified by industry observers:

• Stable input costs, especially for timber and key chemicals used in manufacturing
• Logistical advantages from a newly operational port terminal, expected to improve supply chain efficiency
• Reduced transportation expenses contributing to better margins

These operational improvements come at a time when construction costs and materials remain a critical consideration for developers and homeowners alike.

Strategic Focus and Industry Outlook

Looking ahead, Century Plyboards is reportedly betting on several growth drivers to maintain its competitive edge in the market:

• Sustained demand across core categories including plywood, laminates, MDF, and allied wood-panel products
• Margin stability driven by cost optimisation and supply chain improvements
• Continued expansion in both urban and semi-urban housing segments

The management is said to remain optimistic about outperforming industry growth rates, targeting over 15 percent topline expansion for the full fiscal year. This confidence is supported by the ongoing transformation in Indian real estate and the increasing focus on quality interior solutions.

The company's growth trajectory also benefits from the rising demand for wooden furniture and interior design elements that are becoming increasingly popular among Indian homeowners seeking premium living spaces.

Implications for Real Estate and Construction Sector

Century Plyboards' strong performance in the first half of FY26 and its optimistic growth projections suggest a continued recovery in the broader wood-panel and building materials sector. As housing and construction activity gains momentum across India, companies in the building materials space appear well-positioned to capitalise on rising demand.

The trend is further supported by increasing investments in home renovation and interior upgrades, as well as growing interest in modern sustainable home décor solutions. With the luxury housing market also showing strong growth in cities like Delhi-NCR and other metropolitan centres, demand for premium plywood and laminate products is expected to remain buoyant.

Disclaimer: This article is for informational purposes only. Readers are advised to conduct their own research and consult qualified professionals before making any investment or business decisions. The information presented here is based on publicly available data and industry reports, and Ghar.tv does not guarantee its accuracy or completeness.