• Quarterly revenue growth: Revenue grew approximately 25% year-on-year, driven by broad-based performance across segments including over 100% growth in particle board, 30% in MDF, 18% in plywood, and 16% in laminate.
• Margin trajectory: EBITDA margin without forex reached 13.7%, though recent price increases to offset raw material volatility may pressure margins in the near term before they recover from the subsequent quarter.
• Capex and expansion: Management aims to achieve over 90% capacity utilization across all segments this year while prioritizing a new plywood unit in Hoshiarpur and planning another plant in Uttar Pradesh or Odisha with an estimated ₹200 crore capex.
• Export market strategy: Century Ply is driving international sales through a new Andhra Pradesh laminate facility catering to larger export sizes, with minimal impact from Middle East disruptions as the region accounts for under 5% of total exports.