Century Ply eyes 15-16% EBITDA margins; 25% growth for FY15

Century Plyboard has been one of the big movers in 2014; the stock price which in January 2014 was around Rs 25, is trading around Rs 150 today.The company is hopeful of achieving the 25 percent revenue guidance for FY15, said Sajjan Bhajjanka, managing director in an interview to CNBC-TV18.According to him the company in H1FY15 has already achieved the performance of FY14 and so expects to double its net margins to around 10 percent compared to last year. EBITDA margins for FY15 would be around 15-16%, said Bhajjanka.On pricing front, he does not envisage any price hikes because the price of wood has been stable compared to that of last year.for the entire interview watch video