Investor Presentation

Century Plyboards (CPIL) reported strong consolidated financial results for the quarter ended Dec 2025. **Business Performance:** Consolidated quarterly revenue jumped 18.4% YoY to ₹1,350 Cr, with 9-month revenue up 17.3%. EBITDA margin (ex-forex) improved significantly to 12.6% from 10.7% last year.

Plywood revenue grew 14.9% to ₹710 Cr, Laminates showed recovery with 9.6% growth, and MDF saw a robust 19.1% rise to ₹326 Cr.

Particle Board achieved its highest-ever quarterly sales of ₹65 Cr.

Net profit for the quarter increased 10.5% YoY to ₹65.04 Cr. **Growth Drivers or Strategy:** Strong demand across segments, effective strategic execution, and cost optimization initiatives powered this growth.

Expanded distribution for Plywood and improved capacity utilization for MDF and Particle Board were key factors. **Recent Developments:** The company continues ongoing capacity expansion projects, notably greenfield MDF and Laminates plants in Andhra Pradesh and a Particle Board unit in Chennai, indicating future growth potential. **Management Commentary / Outlook:** For FY26, management projects strong sales growth: Plywood 13%+, Laminates 15-17%, MDF 25%, and Particle Board 40%. They anticipate an improvement in EBITDA margins across segments, targeting a steady-state margin of 15%.