Century plywood Ltd, a stock for investors

Company profile:

 Century Plyboards (India) Ltd creates and sells compressed wood, wooden boards, and other wood items in different fragments dependent on item and administration. The compressed wood section, which creates most of income, sells compressed wood and other wood items under the Centuryply brand. The cover fragment sells overlaid wood boards, fundamentally utilized in lodging development and remodel. The CFS administrations fragment gives holder cargo stations administrations. Further it is additionally engaged with MDF, Plain Particle Board and different fragments. Century Plyboards offers its items to vendors, merchants, and retailers. By far most of income comes from India.

 Century Ply board (I) Ltd,  producers of the notable 'Century' brand of Plywood and brightening facade, was set up in 1986 in Kolkata. The biggest dealer of pressed wood and enlivening facade in the Indian coordinated pressed wood market, Century today is the main brand and in its brief term of presence has made an exceptional specialty for itself in the business.

 Century today makes the whole scope of business, marine, concrete, covering and enriching compressed wood.

 New Entry, Its commitment, Century has effectively dispatched the Pre Lam Particle Board after its example of overcoming adversity with the dispatch of 'Mica'. The unit was set up with a venture of 35 crores and it will create 30,000 molecule sheets for every monthThe Laminates plant is set with a cost of 26 crores and has an introduced limit of creation of 2,00,000 sheets each month. Century Mica is the ornamental overlay that gives its shopper that additional piece more than some other cover accessible on the lookout. The lone cover, that allows a seven-year ensure, against any assembling deformity to the consumer.The interesting nature of this item is that it is more impervious to scraped area, scratches, stains, heat, consumes and so forth It is the consequence of a one of a kind innovation utilized and idealized through R&D. This exceptional innovation makes Century Mica Maxpower [1.5 mm] and Century Colourmax [1.0 mm] extra safe and surprisingly more grounded than others accessible in the market.Since the most recent couple of years Century has been keeping a yearly development of roughly 25-30 percent, contributing almost 10% of the all out extract obligation assortment in the country from the compressed wood industry.

 Quality Policy, To fabricate pressed wood and united items utilizing suitable nature of crude materials keeping Indian norms with current complex strategies, gear, applying most recent Quality Assurance Methods and through able workers, with a definitive point of all out fulfillment to the esteemed customers."Century turned into the first ISO 9002 organization in Quite a while for Veneer and Plywood. The organization has a unified quality control group comprising of 5 individuals who are extraordinarily prepared and hold recognitions from the Plywood Research Institute, Bangalore. The organization routinely sends them to this Institute for the supplemental classes. Factual quality control (SQC) measures are likewise attempted at different phases of the creation interaction to guarantee the nature of the item.

 Achievements accomplished, In 1998 Century presented 100% termite and drill confirmation compressed wood with 7 years thorough guarantee. The drill evidence enriching pressed wood presented by Century has become the base benchmark in the business. In a joint effort with IPIRTI, Century attempted a R&D venture of making 100-perecnt bubbling waterproof enriching pressed wood. It was the primary organization to have effectively done this.

 Its dispersion reach, The organization has an extremely amazing vendors network the nation over. A solid deals power is at present overhauling its dispersion channel.

 Its preparing units. Century Plyboards ISO 9002 plant is situated at Bishnupur close to Joka, Kolkata. The 10-section of land creation complex every year carries out high-grade employ, essentially from imported lumber and logs. The current limit of the plant remains at 22,000 sq. meters each day of Plywood. The creation offices incorporate a scope of best in class gear for cutting, shaving, grafting, cleaning and synthetic treatment just as for innovative work. The Laminates, Decorative Veneer, Commercial, Marine, Concrete Shuttering and Decorative Plywood are completely delivered at a similar plant.

 Item Range Century's item range incorporates practically every one of the assortments of compressed wood like Commercial pressed wood, Boiling Waterproof pressed wood, Decorative compressed wood, Shuttering pressed wood, Block Board, Filmface compressed wood and so on Century Pre Lam Century Mica [Laminates] Architect Plywood Fantasy Plywood 'Firesafe' Fire Retardant Plywoodø Flexoply Flexible Plywood BWR Grade PF Plywood and Blockboard MR Grade PF Plywood and Blockboard Decorative Wood Veneer BWP Flush Doors Marine Plywood Shuttering and Film – Coated Plywood Checkered Plywoodø Burma Teak Ply and Board Century Adhesive

 Individuals behind the Company,  Mr Sajjan Bhajanka is the Managing Director of Century. He is engaged with items and vital arranging. Mr Sanjay Agarwal - Deputy Managing Director heads the advertising and deals of the organization and is likewise important for the essential arranging unit.

  Personal view on Company stock:

 Century plywood, one of the oldest and trustworthy brands into the Indian market. Company has good presence into the Rural as well as urban areas. Company has setup new plant in Hoshiarpur district, Punjab, India for expansion purpose. This step will add more value into the company portfolio in respect of Area wise. There is no any question that due to worst condition of covid the stock price came down but this is best buying opportunity for buying such kind of stocks having strong management as well as those products are into the good demand. Lamination business in the furniture as well as wooden doors polish is growing day by day. 

Once the corona situation will be under control then demand in the real estate sector will also increase and Century plywood company product will more be in demand. It is always good to buy good companies in the bad time of the market and this stock will prove it. It is the stock to add into the portfolio.  Accumulating Century ply wood @130.80rs

 Stock price targets in coming months:

nse symbol: centuryply

Stoploss 123.70rs closing basis.

Short Term target: 136rs to 156rs +

Medium term : 180rs +

Long term :  220rs +

Disclaimer:

Do your own research before making investment. My view may differ from others. Company profile data has collected from company website and from other internet resources. The view on the stock is personal.