Century Plyboards (India) Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 18, 2025
CENTURYPLY · price
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Century Plyboards has filed the notice for its 44th AGM, scheduled for September 18, 2025 at 11:30 AM via video conferencing, along with the Annual Report for FY 2024-25. The company reported FY25 revenue of ₹4,527.80 Crore, growing 16.5% year-on-year and outperforming an otherwise flat wood panel sector. However, net profit fell 42.8% to ₹186.08 Crore and EBITDA margin contracted 340 basis points to 11%, hurt by fixed costs from newly commissioned MDF and laminates plants. Total debt stood at ₹1,473.72 Crore with a debt-equity ratio of 0.62, and credit rating was reaffirmed at AA/Stable by ICRA. The company has set a ₹12,000 Crore revenue target by FY31 and aims to become debt-free, with new capacities expected to unlock an additional ₹7,000 Crore in annual revenue potential.
The AGM notice itself is procedural, but the attached annual report reveals a mixed FY25 — strong top-line growth but significant profit and margin pressure from new plant costs. Shareholders should track capacity utilization improvement and management's growth roadmap for the coming quarters, with the ₹12,000 Crore FY31 target being a key long-term catalyst.