CenturyPly plans ₹200 crore capex in FY27, ₹250–350 crore in FY28
CenturyPly plans about ₹200 crore capex in FY27 and ₹250-350 crore in FY28, mainly for plywood. It targets ₹10,000-12,000 crore revenue by 2031, backed by ₹2,500 crore investment over five years, while expanding distribution and premium products to support market share and margins.
Read the source at ET Realty · RetailThe numbers
| Current debt: | ₹1,700 crore |
|---|---|
| Plywood share target over four years: | 15% |
| April plywood price increase: | 7% |
| Q1 plywood EBITDA margin: | 16.5% |
Why it matters to operators and investors
CenturyPly’s ₹10,000–12,000 crore revenue target by 2031 creates a rationale to explore distribution partnerships and premium-portfolio alliances that support its plywood-led growth.
What to watch next
- Reported capex against ₹200 crore in FY27 and ₹250–350 crore in FY28
- Plywood capacity commissioning announcements and utilisation updates
- Dealer-network additions and sales growth in newly served markets
- Premium-product sales mix alongside operating-margin trends
- Revenue progress toward ₹10,000–12,000 crore by 2031
Likely next moves
The desk's read of what comes next — analysis, not reported by the source.
- CenturyPly is likely to phase plywood investment across FY27 and FY28, with execution activity increasing as planned capex rises.
- CenturyPly is likely to expand dealer coverage alongside capacity, making distribution productivity increasingly important to converting investment into revenue.
- CenturyPly is likely to broaden premium offerings to support margins, although new-capacity costs may delay the earnings benefit.
- CenturyPly's dealers may carry a broader premium assortment, increasing inventory commitments before customer demand is fully established.