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ICICI Direct Report
Century Plyboards India Ltd. reported a healthy set of numbers.
The topline was up 21.2% YoY to Rs 895.3 crore, with overall growth in FY21 at ~42% YoY.
Medium density fibre, plywood, laminate revenues grew 36.7%, 19.4%, 13.5% YoY to Rs 163 crore, Rs 477 crore, Rs 174 crore, respectively.
Ebitda margin expanded 80 basis points YoY to 18% on account of operating leverage.
Overall, Century Plyboards' reported profit after tax was up 9.4% YoY to Rs 91 crore, given the healthy operating performance.
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