Buy Century Plyboards, target Rs 280.0 : Manas Jaiswal

Manas Jaiswal of manasjaiswal.com has a buy call on Century Plyboards (I) Ltd. with a target price of Rs 280.0 .The current market price of Century Plyboards (I) Ltd. is 266.55 Time period given by analyst is Intra Day when Century Plyboards (I) Ltd. price can reach defined target. Manas Jaiswal maintains stop loss at Rs 259.0 .

Century Plyboards (I) Ltd., incorporated in the year 1982, is a midcap company (with a market cap of ₹ 5931.46 Cr.) operating in Infrastructure sector.

Century Plyboards (I) Ltd. key Products/Revenue Segments include Plywoods & Boards which contributed ₹ 1093.41 Cr to Sales Value (60.98 % of Total Sales), Laminate Sheets which contributed ₹ 325.43 Cr to Sales Value (18.15 % of Total Sales), Veneers which contributed ₹ 183.04 Cr to Sales Value (10.20 % of Total Sales), Freight & Other Containers which contributed ₹ 83.73 Cr to Sales Value (4.67 % of Total Sales), Prelaminated Particle Board which contributed ₹ 32.90 Cr to Sales Value (1.83 % of Total Sales), Others which contributed ₹ 22.28 Cr to Sales Value (1.24 % of Total Sales), Furniture which contributed ₹ 13.82 Cr to Sales Value (0.77 % of Total Sales), Phenol which contributed ₹ 11.38 Cr to Sales Value (0.63 % of Total Sales), MDF Board which contributed ₹ 8.56 Cr to Sales Value (0.47 % of Total Sales), Agricultural Products which contributed ₹ 6.84 Cr to Sales Value (0.38 % of Total Sales), Export Incentives which contributed ₹ 5.89 Cr to Sales Value (0.32 % of Total Sales), Subsidy which contributed ₹ 3.05 Cr to Sales Value (0.16 % of Total Sales), Other Operating Revenue which contributed ₹ 1.38 Cr to Sales Value (0.07 % of Total Sales), Scrap which contributed ₹ 1.27 Cr to Sales Value (0.07 % of Total Sales)for the year ending 31-Mar-2016.

For the quarter ended 31-12-2016, the company has reported a Standalone sales of ₹ 422.92 Cr., down -7.91% from last quarter Sales of ₹ 459.26 Cr. and up 8.84% from last year same quarter Sales of ₹ 388.58 Cr. Company has reported net profit after tax of ₹ 37.31 Cr. in latest quarter. The company’s CEO is Mr.Sajjan Bhajanka. It's Board of Directors include Mr.Sundeep Jhunjhunwala, Mr.Arun Kumar Julasaria, Mr.Sundeep Jhunjhunwala, Mr.Ajay Baldawa, Mr.Asit Pal, Mr.Hari Prasad Agarwal, Mr.J P Dua, Mr.Keshav Bhajanka, Mr.Mangi Lal Jain, Mr.Manindra Nath Banerjee, Mr.Prem Kumar Bhajanka, Mr.Sajjan Bhajanka, Mr.Samarendra Mitra, Mr.Sanjay Agarwal, Mr.Santanu Ray, Mr.Vijay Chhibber, Mr.Vishnu Khemani, Mrs.Mamta Binani, Mrs.Nikita Bansal. Company has its registered office at 6, Lyons Range, Kolkata, 700001, West Bengal. Company has Singhi & Co. as its auditors. As on 31-03-2017, the company has a total of 222,172,990 shares outstanding.