Centuryply Limited operates within the Hardwood veneer and plywood sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Centuryply Limited with three other
timber and forestry companies in Asia:
Greenply Industries Limited
(2019
sales of 14.12 billion Indian Rupees [US$199.72 million]
of which 99%
was Plywood & Allied Products),
Seven Industries Co., Ltd.
of Japan
(14.63 billion Japanese Yen [US$134.77 million]
), and
Nankai Plywood Co., Ltd.
which is
also
based in Japan
(19.28 billion Japanese Yen [US$177.57 million]
).
Sales Analysis.
During the year ended March of 2019, sales at
Centuryply Limited were 22.80 billion Indian Rupees (US$322.45 million).
This
is
an
increase of 12.7%
versus 2018, when the company's sales were 20.24 billion Indian Rupees.
This was the fifth consecutive year of sales increases at Centuryply Limited
(and since 2014, sales have increased a total of 69%).
Sales of Plain Particle Board saw an increase
that was more than double the company's growth rate: sales were up
257.3% in 2019, from
272.79 million Indian Rupees to 974.72 million Indian Rupees.
Centuryply Limited also saw significant increases in sales in
Mdf (up 161.1% to 2.95 billion Indian Rupees)
and
Other (up 41.0% to 513.68 million Indian Rupees)
.
Not all segments of Centuryply Limited experienced an increase in sales in 2019:
sales of Plywood fell 4.2% to 12.94 billion Indian Rupees.