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Century Plyboards (India) Limited
Sector:Others Others - Miscella - Others
Market Lot: 1Face Value: 1ISIN Demat: INE348B01021
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Business Profile
Century Plyboards India (CENTPLY), makers of the well-known Century brand of plywood and decorative veneers, was set up in 1986 in Kolkata. It got its present name on June

The ISO 9001 and ISO 14001 certified company manufactures the entire range of commercial, marine, concrete, shuttering and decorative plywood and is India`s leading plywood manufacturer. It has a ferro alloys division with a newly set up 13.8 MW captive power plant. The manufacturing unit is located in the 24 Paraganas South district of West Bengal and Shillong in Meghalaya with installed capacities of 2.4 million laminate sheets, 800,000 sq. m. pre-laminated particle boards, 25,400 cubic meters plywood, 50,200 cubic meters veneers, and 10,620 MTPA ferro silicon. Jetty operations are conducted on a licence basis with the Ministry of Commerce, Govt. of India.

Cement Manufacturing Co. (CMCL) and Megha Technical & Engineers (MTEPL) are subsidiaries of the company. CMCL operates a clinker and cement unit at Lumshnong, Mehalaya and MTEPL is engaged in the generation of power at Lumshnong, Meghalaya, hiring of heavy equipment and vehicles used for mining, and has also set up a clinker grinding unit which commenced operations in May, 2007. The combined installed capacity of both the subsidiaries is around 1 million MTPA of cement. In 2006-2007, the company acquired controlling interest in Auro Sundaram fly & Doors, which operates a plywood unit at Raipur Industrial Area, Uttarakhand.

The registered office is located at 6 Lyons Range, Kolkata-700001.

The company reported rise of 7.19% in standalone net profit on y-o-y basis to Rs 424.80 million, while total income rose 9.70% y-o-y basis to Rs 4.06 billion for the quarter ended June 2016.

Recent Developments
Century Plyboards (India), engeged in manufacturing of wood and wood products, has acquired 51% stake in Innovation Pacific Singapore, a company incorporated in Singapore by way of subscription to its share capital through ODI (automatic) route.

Century Plyboards (India), engeged in manufacturing of wood and wood products, announced that the company's wholly owned subsidiary Century Ply (Singapore) Pte. in Singapore has

Century Plyboards (India), engaged in manufacturing of wood and wood products, announced that the company's wholly owned subsidiary Century Ply in Singapore has incorporated a step-down subsidiary by the name PT Century Ply Indonesia

During the quarter, the profit of the company rose 2.10 times to Rs 413.66 million from Rs 197.40 million in the same quarter previous year.

CRISIL has enhanced the rated amount while retaining `A-/Stable` ratings on Century Plyboards (India)` s bank facilities. The rated amount enhanced to Rs 8.26 billion from Rs 5.92 billion for total bank loan facilities.

Century Plyboards (India), the com[any engeged in wood and wood products in India, announced that Sajan Kumar Bansal has been appointed as an additional director in the category of independent director on the board of the company with effect from July 08, 2013.

Century Plyboards (India) announced on Monday that the board has recommended dividend of 25% or Rs 0.25 a share for the financial year ended as on March 31, 2013.

Century Plyboards, makers of the 'Centuryply' brand of plywood and decorative veneers, swings to consolidated net loss of Rs 46.21 million for the quarter ended Dec. 31, 2012 as compared to consolidated net profit of Rs 43.04 million in the year ago period.

Future Plans
The company has applied to Centrally Empowered Committee (set up by Supreme Court of India) for permission to set up new units in Uttrakhand, Punjab and Meghalaya for manufacturing of plywood, veneer, particle board and allied products.

Cement Manufacturing Co., a subsidiary, is proposing to expand its cement and clinker manufacturing capacity and is also exploring possibilities of greenfield projects in the states of Assam, Bihar and Jharkhand.

In Brief

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