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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Century Plyboards
Century Plyboards (532548) investor relations material
Century Plyboards Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 26/27 earnings summary5 Nov, 2026
Executive summary
Q2 FY27 consolidated revenue reached a record ₹1,780.04 crore, up 28.5% YoY; PAT rose 46% to ₹103.63 crore.
Growth across key segments and improved utilization supported higher returns; management is prioritizing asset productivity and debt reduction over aggressive capacity expansion.
Financial highlights
Q2 net turnover was ₹1,761.29 crore, up 27.9% YoY; EBITDA excluding forex and extraordinary items was ₹232.34 crore, with a 13.1% margin.
Q2 EBIT was ₹175.15 crore, up 35.8% YoY, and PBT was ₹141.21 crore, up 44.3% YoY.
H1 revenue from operations was ₹3,341.43 crore and PAT was ₹186.93 crore, up 50.9% YoY.
Consolidated EPS was ₹4.53 for Q2 and ₹8.14 for H1; interim-period EPS is not annualised.
Outlook and guidance
FY27 revenue growth targets: Plywood 25%+, Laminates 20%+, MDF 17%-18%, Particle Board 100%+, and Logistics 65%+ YoY.
MDF is targeted to achieve double-digit EBITDA margins in H2; Particle Board is targeted to reach double-digit EBITDA by year-end. MDF margins are expected to recover gradually in FY28, moving toward 20% from FY29 as excess capacity is absorbed.
Laminates revenue growth of 20%+ is considered achievable, with improving margins; Plywood margin aim is 14%-15%.
Management expects close to ₹900 crore EBITDA this year and substantial debt reduction next year, directing most generated profit to repayment.
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Latest events from Century Plyboards
- Revenue up 6.2% YoY, net profit down 9.8%, major capex underway, ₹1/share dividend proposed.532548
Q4 23/24 - Record revenue and profit growth amid volatile costs and paused broad guidance.532548Q1 26/27
- Record revenue, margin expansion, and robust profit growth; ₹1.00 per share dividend proposed.532548Q4 25/26
- Revenue up 18.4% YoY, margin gains, segment growth, and capacity expansion amid one-time costs.532548Q3 25/26
- Record revenue and EBITDA with strong segment growth, improved cash flow, and capacity expansion.532548Q2 25/26
- Q1 FY25 revenue up 12.8% YoY; profit fell on margin pressures and one-time loss.532548Q1 24/25
- Record revenue and robust MDF growth offset laminate softness; outlook and expansion remain positive.532548Q2 24/25
- Q4 FY25 saw strong revenue growth, margin pressures, and new investments announced.532548Q4 24/25
- Q1 FY26 saw robust revenue growth and stable margins, led by plywood and MDF segments.532548Q1 25/26
Next Century Plyboards earnings date
Q3 26/274 Feb, 2027
Century Plyboards
Next Century Plyboards earnings date
Q3 26/274 Feb, 2027
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