Plywood Boards/Laminates · CPBI
Plywood Boards/Laminates
from 770 today
We upward revise our earnings estimates for FY27/FY28 by 2.3%/3.2% with TP of INR 878, valuing at 35x Mar’28E, and maintain our Accumulate rating driven by capacity expansion and brand strength.
Century Plyboards reported in-line Q1FY27 consolidated revenue growth of 33.5% YoY, driven by strong performance in the plywood and MDF segments. We tweak our estimates and maintain HOLD with a rolled over Jun'27E TP of INR 802.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
