Buy Century Plyboards (India) ; target of Rs 660: ICICI Direct
ICICI Direct is bullish on Century Plyboards (India) has recommended buy rating on the stock with a target price of Rs 660 in its research report dated May 18, 2022.19-05-2022
19-05-2022
CENTURY PLYBOARDS (I) LTD.-$ - 532548 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
In terms of Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Audio recording of the conference call with Investors and analysts held on Tuesday, 17th May, 2022 for Audited Financial Results for the Quarter and Year ended 31st March, 2022 is available on the following link: https://www.centuryply.com/earnings-con-call/EARNINGS_CON_CALL_AUDIO_RECORDING_Q4_FY_21_22.mp317-05-2022
CENTURY PLYBOARDS (I) LTD.-$ - 532548 - Intimation Regarding Reconstitution Of Committees
This is to inform you that the Board of Directors of the Company at its meeting held today, i.e. 16th May, 2022, have approved and reconstituted the Nomination and Remuneration Committee and Corporate Social Responsibility Committee of the Board with immediate effect.16-05-2022
Q4FY22 Quarterly Result Announced for Century Plyboards (India) Ltd.
Century Plyboards declares Q4FY22 result: Q4FY22 ended with the company achieving best ever quarterly sales. Despite the sustained input cost inflation, we were able to maintain our gross margin and EBITDA margin QoQ largely driven by passing-on of the input costs and operating leverage. After a bit of slowness in Jan’22 due to Covid 3rd wave, business picked up strongly and the growth momentum has continued to remain strong. With the sustained inflationary environment, we expect market share gains to continue forthe company over the regional and unorganised counterparts in the current financial year. Importantly, we have further tightened our balance sheet in 2021-22 by virtue of prudent working capital management(improvement by 6 days compared to the last fiscal). This has not only augmented our war chest for future capex (Net cashon books as on 31st Mar’22 at Rs 175 crore) but has also enabled us to maintain our high RoCEs (35.2% in Q4 and 31.1% inFY22) despite the high input cost inflation scenario. In current quarter we did a topline of 895.26 crores as against 738.62 crores in corresponding quarter of last year whichshows an increase of 21.2%. At EBITDA level we did 166.15 crores (18.6% margins) as against 130.48 crores (17.7% margins) in Quarter 4 of last year. Profit after tax was at 91.03 crores as against Rs 83.2 crore in last year Quarter 4. We closed FY22 with topline crossing Rs 3,000 crore (42% growth over FY21) and PAT growing impressively by 69.4% to Rs 325.27 crore. Work on brownfield MDF expansion at Hoshiarpur is in full swing and is likely to come on stream by Oct’22 end.With regards to the upcoming greenfield MDF project at Andhra Pradesh, the requisite machinery has been ordered and the project is likely to commission in H2FY24. The greenfield laminate project which would be operational in 2 phases is expected to commence its first phase of operations in Q2FY24. Result PDF16-05-2022
CENTURY PLYBOARDS (I) LTD.-$ - 532548 - Announcement under Regulation 30 (LODR)-Change in Directorate
We wish to inform you that based on the recommendations of the Nomination and Remuneration Committee, the Board of Directors of the Company at its meeting held on 16th May, 2022, has, inter-alia, considered and approved re-appointment of Shri Probir Roy (DIN: 00033045) as an Independent Director for a further period of three years w.e.f. 1st October, 2022 (present term expires on 30th September, 2022), subject to the approval of shareholders. Further, in compliance with circular no. LIST/COMP/14/2018-19 issued by BSE Limited, we wish to confirm that the aforesaid Director has not been debarred from holding the office of Director by virtue of any SEBI order or any other authority. Other details as required in terms of SEBI Circular No CIR/CFD/CMD/4/2015 dated 9th September 2015 are given in Annexure to this letter.16-05-2022
CENTURY PLYBOARDS (I) LTD.-$ - 532548 - Announcement under Regulation 30 (LODR)-Investor Presentation
In terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith a copy of the presentation being shared by the Company with the Institutional Investors and analysts.16-05-2022
CENTURY PLYBOARDS (I) LTD.-$ - 532548 - Corporate Action-Board approves Dividend
Further to our intimation dated 7th May, 2022, this is to inform you that the Board of Directors at its Meeting held today, i.e., 16th May, 2022 has, inter-alia, recommended Dividend @ Rs.1.50/- (Rupee One and paise fifty) per Equity Share of Face Value Re.1/- each. Payment of dividend through RTGS/ NECS/ Dividend Warrants/ Demand Drafts as the case may be shall be made within 30 days from the date of approval by the Shareholders in the Annual General Meeting of the Company. Book Closure date for the same shall be intimated to the Stock Exchanges in due course of time. The meeting commenced at 12:30 P.M. and concluded at 2:11PM.16-05-2022
CENTURY PLYBOARDS (I) LTD.-$ - 532548 - Results-Financial Results For The Quarter And Year Ended 31St March, 2022
The Board of Directors of the Company, at its meeting held on 16.05.22, has, inter-alia, considered and approved the Audited Standalone and Audited Consolidated Financial Results for the Quarter and Year ended 31st March, 2022. Pursuant to Reg 33 of SEBI LODR Regulations, 2015, we are enclosing herewith the following: 1. Audited Standalone Financial Results for the Quarter and year ended on 31st March, 2022. 2. Independent Auditors' Report on Standalone Financial Results for the Quarter and year ended 31st March, 2022. 3. Audited Consolidated Financial results for the year ended 31st March, 2022. 4. Independent Auditors' Report on Consolidated Financial Results for the Quarter and year ended 31st March, 2022. 5. Declaration for Un-Modified Opinion in respect of Audit Report on Audited Standalone and Consolidated Financial Results for the year ended 31st March, 2022. The meeting commenced at 12:30 P.M. and concluded at 2:11P.M.16-05-2022
CENTURY PLYBOARDS (I) LTD.-$ - 532548 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that a conference call with Investors and analysts is scheduled on Tuesday, 17th May, 2022 at 05:00 P.M. in relation to the Audited Financial Results for the quarter and year ended 31st March, 2022.12-05-2022