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#CenturyPlyboard conducted their today at 3:30 APM.

Here are the key takeaways 😀😊
Business Update:
• Q4 was the best quarter for century in history of co.
• Laminate has shown very good performance with increasing margins.
• Q1 FY22 has been affected due to covid, however things have improved now.
• Strengthen the balance sheet and net debt near to 0.
Capacity Utilization & CAPEX:
• Plywood capacity has been ramped up and now is 100%+. Capacity would be increased here, with CAPEX spent.
• Laminates: Current utilization is low. Hence capex can be in next year. Laminates can add another 15-16%

Conti.
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