Century Plyboards well-positioned for growth as MDF expansion and premium mix strengthen margins
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Categories such as wood panels, sanitaryware, tiles, pipes, paints and related materials are benefiting from a broad-based pickup in residential real estate, a sustained renovation cycle, and continued government spending on housing and infrastructure. Although demand in the first half of the year varied across product lines, the overall landscape is showing clear stabilization. With better affordability and more balanced channel inventories, the sector is increasingly positioned for a sustained recovery across urban and semi-urban regions. In wood panels and plywood, margins are becoming more predictable as input costs retreat from earlier highs. The steady shift toward premium and value-added products, alongside stronger brand preference, is improving pricing discipline across the segment. Live Events MDF demand also continues to expand, supported by the growth of organized furniture retail and modular home solutions. As new capacities ...