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:
Nankai Plywood Co., Ltd.
of JAPAN
(2020
sales of 19.73 billion Japanese Yen [US$186.46 million]
of which 92%
was Wood-Related Business),
Greenply Industries Limited
(14.21 billion Indian Rupees [US$196.19 million]
of which 100%
was Plywood & Allied Products), and
Seven Industries Co., Ltd.
which is
based in JAPAN
(14.64 billion Japanese Yen [US$138.37 million]
of which 61%
was Building Materials Business).
Sales Analysis.
During the year ended March of 2020, sales at
Centuryply Limited were 23.17 billion Indian Rupees (US$319.98 million).
This
is
a very small
increase of 1.6%
versus 2019, when the company's sales were 22.80 billion Indian Rupees .
This was the fifth consecutive year of sales increases at Centuryply Limited
(and since 2015, sales have increased a total of 46%).
Sales of Mdf saw an increase
that was more than double the company's growth rate: sales were up
18.7% in 2020, from
2.95 billion Indian Rupees to 3.51 billion Indian Rupees .
Centuryply Limited also saw significant increases in sales in
Laminate (up 5.5% to 4.63 billion Indian Rupees )
.
Not all segments of Centuryply Limited experienced an increase in sales in 2020:
sales of Cfs Service fell 16.0% to 864.91 million Indian Rupees .
(However, this segment's sales were only a very small portion of the company's overall sales).
Centuryply Limited also experienced decreases in sales in
Plywood (down 2.0% to 12.69 billion Indian Rupees )
and
Other (down 4.6% to 489.91 million Indian Rupees )
.