In an interview to CNBC-TV18, Keshav Bhajanka, ED of Century Plyboards spoke about the MDF market and latest happenings in the company.
In an interview to CNBC-TV18, Keshav Bhajanka, ED of Century Plyboards spoke about the latest happenings in the company and the sector.
Will do better volumes in H2 due to medium density fiberboard (MDF) plant, Keshav Bhajanka, ED of Century Plyboards said.
In an interview to CNBC-TV18, Keshav Bhajanka, ED of Century Plyboards spoke about the latest happenings in the company and his outlook going ahead.
Century Plyboards is in focus. The stock is up 42 percent in 2017 so far given the goods and services tax (GST) benefits expected. In an interview to CNBC-TV18, Sajjan Bhajanka, CMD of the company spoke about the latest happenings and discussed business prospects going ahead.
In an interview to CNBC-TV18, Keshav Bhajanka, ED of Century Ply spoke about the results and his outlook for the company.
In an interview to CNBC-TV18, Sajjan Bhajanka, Chairman of Century Plyboard spoke about the latest happenings in the company and in the sector.
As the economy gears up for the goods and services tax (GST), this change is expected to be a welcome one for the tiles industry by creating a seamless national market for the organised players resulting in the removal of interest rate barriers and an improvement in supply chain.
"The company should close the year, FY17, with a topline of around Rs 2,300 crore, up about 15 percent from last year’s Rs 2,000 crore", ukumar Srinivas, MD of Shankara Buildpro told CNBC-TV18.
The company reported an increase in total income at Rs 456 crore in Q3FY17 vis-Ã -vis Rs 408 crore for the same quarter previous fiscal.
Tough competition from unorganised sector has kept margin under pressure, says Century Plyboards' Chairman Sajjan Bhajanka.
Director Keshav Bhajanka expects Century Plyboard to maintain revenue growth around 10-15 percent in FY17 with margins of 16-18 percent.
Company expects Rs 75 crore in revenue from its new Chennai plant in the first year of production, says Century‘s MD and CEO Sanjay Agarwal. New plant will be operational by April
Speaking to CNBC-TV18, Sajjan Bhajanka, Chairman of the company says that FY16 revenue and earnings before interest, tax, depreciation and amortization (EBITDA) is likely to remain flat.
Sanjay Agarwal of Century Plyboard says though bottomline is better than last year, it is only because of costing and sourcing of cheaper raw materials. However, topline and capacity utilisation are still a matter of concern
Sanjay Agarwal, MD & CEO of Century Ply is hopeful of sustaining EBITDA margins at current levels of around 16 percent for two years on back of reduced raw material costs.
Talking about his company‘s performance, Sanjay Agarwal, MD & CEO, Century Plyboard said second quarter of the fiscal is likely to be better than the first quarter but could not commit on 17 percent revenue growth for FY16.
Sanjay Agarwal, MD and CFO of Century Plyboard believes that new designs and better distribution will drive sales growth in the coming quarters.
Managing Director and CEO Sanjay Agarwal of Century Plyboard told CNBC-TV18 that it will be difficult to maintain 18 percent topline growth in the current year.
Sajjan Bhajanka, MD, Century Plyboards is confident of maintaining 25 percent CAGR in FY16 too. The company is all set to launch new ad campaigns in June to improve sales.
In an interview to CNBC-TV18, Sajjan Bhajanka, chairman, Century Plyboard shares his views on the company‘s Q4 earnings.
In an interview to CNBC-TV18, Sajjan Bhajanka, Chairman, Century Plyboard, discusses the company‘s numbers and its plans ahead.
The company will be taking a price hike of 4 percent from December 1
Century Plyboard reported better than expected earnings for the quarter ended September 2014. It reported net profit at Rs 35.8 crore versus Rs 22 crore year on year. Net sales for the company came in at Rs 404.8 crore versus Rs 34.9 crore Y-o-Y.