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Last Updated on: 22 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 532548 | NSE: CENTURYPLY

Century Plyboards (India) Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 2:44 am

Market Cap 17,104 Cr.
Current Price 770
High / Low 939/614
Stock P/E77.2
Book Value 102
Dividend Yield0.13 %
ROCE18.0 %
ROE15.8 %
Face Value 1.00
PEG Ratio10.40

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Ecoboard Industries Ltd 48.0 Cr. 27.0 46.6/18.5 5.230.00 %10.8 %28.6 % 10.0
Duroply Industries Ltd 237 Cr. 240 370/15781.6 1320.00 %5.92 %0.94 % 10.0
Archidply Decor Ltd 55.1 Cr. 99.0 147/76.4184 91.30.00 %4.13 %0.06 % 10.0
Ambition Mica Ltd 4.42 Cr. 2.96 4.20/2.57 8.380.00 %7.00 %% 10.0
Rushil Decor Ltd 914 Cr. 33.2 45.5/28.520.6 21.60.30 %11.6 %9.51 % 1.00
Industry Average4,261.13 Cr240.7465.3065.660.12%10.63%10.71%5.91

All Competitor Stocks of

Quarterly Result

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales4588148559018899098849658919979371,0611,005
Expenses397654705740746786755802758853831923894
Operating Profit60160150161143123129164133144106137111
OPM %13%20%18%18%16%14%15%17%15%14%11%13%11%
Other Income5765620516121598-5
Interest323444446681015
Depreciation18191919191919202323232534
Profit before tax441461351441261201101551161298411058
Tax %30%32%30%38%26%22%25%26%25%25%26%28%41%
Net Profit319994899394821158797637834
EPS in Rs1.414.464.233.994.154.233.705.163.914.362.843.581.55

Last Updated: September 12, 2024, 2:13 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 12, 2024, 2:13 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales1,1821,3481,5881,6411,8182,0242,2802,3172,1303,0273,6473,8864,000
Expenses1,0581,1881,3331,3511,5061,6921,9752,0371,7952,4953,0643,3653,502
Operating Profit123159256290313332305280336532583521499
OPM %10%12%16%18%17%16%13%12%16%18%16%13%12%
Other Income73186227313621234427
Interest40604648303647391311173140
Depreciation283948475991597669747895105
Profit before tax6263180200245212202177260468512439381
Tax %7%-1%16%15%21%22%26%29%26%33%26%26%
Net Profit5863150170193166149125191313377325272
EPS in Rs2.482.716.707.608.577.346.686.788.6214.0916.9314.6912.33
Dividend Payout %10%37%30%13%12%14%15%15%12%11%6%7%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)8.62%138.10%13.33%13.53%-13.99%-10.24%-16.11%52.80%63.87%20.45%-13.79%
Change in YoY Net Profit Growth (%)0.00%129.47%-124.76%0.20%-27.52%3.75%-5.87%68.91%11.07%-43.43%-34.24%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

No data available for the compounded sales growth chart.

Balance Sheet

Last Updated: November 15, 2024, 1:32 am

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital22222222222222222222222222
Reserves2342713675076938299531,0681,2451,5351,8852,1892,234
Borrowings5425805144746115755322951652363277711,256
Other Liabilities138150164171257296304274379437482569613
Total Liabilities9361,0241,0671,1751,5841,7231,8111,6601,8112,2302,7163,5524,125
Fixed Assets2733162462503126558437857627761,0691,9131,946
CWIP472433102299126271628177236267570
Investments830600001110033
Other Assets6086807888169729429418599101,2771,4111,3691,607
Total Assets9361,0241,0671,1751,5841,7231,8111,6601,8112,2302,7163,5524,125

Reserves and Borrowings Chart

No data available for this post.

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-419.00-421.00-258.00-184.00-298.00-243.00-227.00-15.00171.00296.00256.00-250.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days555762636964474052423939
Inventory Days114141144133123142146125130128101116
Days Payable422827385765514873615251
Cash Conversion Cycle12717017915713414114311810810987104
Working Capital Days9410511010110592806964665765
ROCE %7%15%25%26%23%18%17%14%20%30%27%18%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters73.04%73.04%73.04%73.04%73.04%73.04%73.04%73.04%73.04%73.04%72.59%72.59%
FIIs5.05%5.47%6.86%7.01%6.96%6.14%5.78%5.61%5.61%5.45%6.28%4.27%
DIIs13.15%13.20%11.19%11.97%12.50%13.33%13.71%14.12%14.48%14.75%14.51%16.67%
Public8.76%8.29%8.91%7.98%7.50%7.49%7.45%7.23%6.86%6.75%6.61%6.46%
No. of Shareholders53,94459,19366,46663,93161,80563,61962,10360,14158,83065,54171,15771,658

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Kotak Small Cap Fund - Regular Plan6,353,5712.57449.671,362,2832024-12-20366.39%
DSP Flexi Cap Fund2,766,2671.65195.781,362,2832024-12-20103.06%
DSP ELSS Tax Saver Fund1,967,8510.81139.271,362,2832024-12-2044.45%
DSP Equity & Bond Fund1,833,0131.29129.731,362,2832024-12-2034.55%
ICICI Prudential Value Discovery Fund1,764,7880.26124.91,362,2832024-12-2029.55%
Kotak Equity Hybrid Fund - Regular Plan1,362,2831.5296.421,362,2832024-12-200%
DSP Small Cap Fund1,092,2450.4877.31,362,2832024-12-20-19.82%
DSP Equity Opportunities Fund987,8600.569.921,362,2832024-12-20-27.48%
DSP Focus Fund927,8522.5365.671,362,2832024-12-20-31.89%
DSP Tiger Fund564,8560.7539.981,362,2832024-12-20-58.54%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)14.6917.2514.098.626.78
Diluted EPS (Rs.)14.6917.2514.098.626.78
Cash EPS (Rs.)18.8820.7417.4111.689.06
Book Value[Excl.RevalReserv]/Share (Rs.)99.1685.8669.8456.9048.93
Book Value[Incl.RevalReserv]/Share (Rs.)99.1685.8669.8456.9048.93
Revenue From Operations / Share (Rs.)174.63163.87136.0395.73104.12
PBDIT / Share (Rs.)25.3827.2524.8915.8613.14
PBIT / Share (Rs.)21.1223.7721.5512.779.71
PBT / Share (Rs.)19.7423.0021.0411.667.96
Net Profit / Share (Rs.)14.6217.2614.078.595.63
NP After MI And SOA / Share (Rs.)14.6717.2214.078.606.77
PBDIT Margin (%)14.5316.6218.2916.5612.62
PBIT Margin (%)12.0914.5015.8413.339.32
PBT Margin (%)11.3014.0315.4612.187.64
Net Profit Margin (%)8.3710.5310.348.975.40
NP After MI And SOA Margin (%)8.3910.5110.348.986.49
Return on Networth / Equity (%)14.7520.0220.1015.1013.80
Return on Capital Employeed (%)19.0426.9829.9821.5618.42
Return On Assets (%)9.1814.1114.0310.569.07
Long Term Debt / Equity (X)0.070.000.000.020.04
Total Debt / Equity (X)0.320.160.140.090.21
Asset Turnover Ratio (%)1.241.471.491.231.33
Current Ratio (X)1.181.711.931.911.57
Quick Ratio (X)0.581.011.091.160.75
Inventory Turnover Ratio (X)3.012.852.852.112.09
Dividend Payout Ratio (NP) (%)6.808.697.090.0014.75
Dividend Payout Ratio (CP) (%)5.277.235.730.009.79
Earning Retention Ratio (%)93.2091.3192.910.0085.25
Cash Earning Retention Ratio (%)94.7392.7794.270.0090.21
Interest Coverage Ratio (X)18.3235.7148.4627.597.52
Interest Coverage Ratio (Post Tax) (X)11.5523.6228.3916.884.22
Enterprise Value (Cr.)14880.0710396.8115896.377107.392679.72
EV / Net Operating Revenue (X)3.832.855.253.341.16
EV / EBITDA (X)26.3517.1528.7020.149.16
MarketCap / Net Operating Revenue (X)3.662.845.273.331.07
Retention Ratios (%)93.1991.3092.900.0085.24
Price / BV (X)6.445.4110.245.592.26
Price / Net Operating Revenue (X)3.662.845.273.331.07
EarningsYield0.020.030.010.020.06

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 22, 2024 is: 1,245.77

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 22, 2024, is Undervalued by 61.79% compared to the current share price 770.00

Intrinsic Value of as of December 22, 2024 is: 1,338.22

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 22, 2024, is Undervalued by 73.79% compared to the current share price 770.00

Last 5 Year EPS CAGR: 7.42%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 20.00%, which is a positive sign.
  2. The company has higher reserves (1,077.69 cr) compared to borrowings (529.08 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (2.00 cr) and profit (261.62 cr) over the years.
  1. The stock has a high average Working Capital Days of 84.00, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 131.42, which may not be favorable.
  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in :
    1. Net Profit Margin: 8.37%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 19.04% (Industry Average ROCE: 10.63%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 14.75% (Industry Average ROE: 9.74%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 11.55
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.58
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 77.2 (Industry average Stock P/E: 53.43)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.32
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Century Plyboards (India) Ltd. is a Public Limited Listed company incorporated on 05/01/1982 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L20101WB1982PLC034435 and registration number is 034435. Currently Company is involved in the business activities of Manufacture of other articles of paper and paperboard. Company’s Total Operating Revenue is Rs. 3000.88 Cr. and Equity Capital is Rs. 22.25 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
LaminatesP-15/1,Taratala Road, Kolkata West Bengal 700088investors@centuryply.com
http://www.centuryply.com
Management
NamePosition Held
Mr. Sajjan BhajankaChairman & Managing Director
Mr. Rajesh Kumar AgarwalExecutive Director
Mr. Sanjay AgarwalExecutive Director
Mr. Prem Kumar BhajankaExecutive Director
Mr. Vishnu KhemaniExecutive Director
Mr. Ajay BaldawaExecutive Director
Mr. Keshav BhajankaExecutive Director
Mrs. Nikita BansalExecutive Director
Mr. Amit Kiran DebIndependent Director
Mr. Debanjan MandalIndependent Director
Ms. Ratnabali KakkarIndependent Director
Mr. Probir RoyIndependent Director
Mr. Naresh PachisiaIndependent Director
Mr. Sunil MitraIndependent Director
Mr. Vijay ChhibberIndependent Director
Mr. Pramod AgrawalIndependent Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 22 December 2024 is ₹1245.77, which is 61.79% higher than the current market price of ₹770.00. The stock has a market capitalization of 17,104 Cr. and recorded a high/low of 939/614 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹2,234 Cr and total liabilities of ₹4,125 Cr.

What is the Market Cap of ?

The Market Cap of is 17,104 Cr..

What is the current Stock Price of as on 22 December 2024?

The current stock price of as on 22 December 2024 is 770.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 939/614.

What is the Stock P/E of ?

The Stock P/E of is 77.2.

What is the Book Value of ?

The Book Value of is 102.

What is the Dividend Yield of ?

The Dividend Yield of is 0.13 %.

What is the ROCE of ?

The ROCE of is 18.0 %.

What is the ROE of ?

The ROE of is 15.8 %.

What is the Face Value of ?

The Face Value of is 1.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in . Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE