Q1-FY26 · Sanjay Agarwal
July 25 marked the historic milestone for us as we recorded our ever highest highest ever sales volume in plywood.
Century Plyboards (India) · tone and specificity signals across the available quarters.
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July 25 marked the historic milestone for us as we recorded our ever highest highest ever sales volume in plywood.
We need to stop looking at cycles and we need to start concentrating more towards capturing the unorganized to organized and if that is going to be the focus the growth is going to be there irrespective of the real estate cycle.
In MDF and particle board the industry is very nascent... at this early stage of the category in the industry we actually immune to real estate cycles and therefore we see robust demand.
The train of laminates had derailed for the experiments we were doing... but now actually it has come on the rails... in a year or so you will see we'll be back absolutely on the full swing.
In plywood we hardly have any market share, it is below 10%. So there is a huge possibility... even if the total growth is not very good still we have lot of headroom.
The quality of the particle board has come out so well that we are very confident that selling it will not be difficult for us.
We are planning for next 50 years. If you look at short term you cannot plan.
Prices have bottomed. Nobody is talking, there is nothing happening in the market, and still we are selling and there is an EBITDA. That itself is the proof.
We keep on doing something new. Some new experiments are always on and we actually fail more than we succeed, but out of five experiments even if one succeeds it gives us the growth.