BUY TO SELL STOCKS FOR SHORT TERM GAINS
21st
DECEMBER 2014
CENTURY PLYBOARDS LTD BUY POTENTIAL UPSIDE: 16.4%
CURRENT MARKET PRICE: 156.40 TARGET PRICE: 182.00
BSE Code 532548 Market Cap (Millions) 34747.86
NSE Code CENTURYPLY P/E 31.41
Book Value 15.74 EPS 4.98
Face Value 1 Dividend Yield % 0.64
STOCK RECOMMENDATION

15% @ 90 DAYS – DECEMBER 2014
- 2 - SARAL GYAN CAPITAL SERVICES
Comparative Chart (Last 1 Year)
Returns: Century Plyboards & Nifty:
Nifty: 31% Century Plyboards: 525%
Stock Resistance and Support:
1st
Resistance – 168 1st
Support – 142
2nd
Resistance – 177 2nd
Support – 130

15% @ 90 DAYS – DECEMBER 2014
- 3 - SARAL GYAN CAPITAL SERVICES
Financials at a Glance:
Quarterly Results of Century Plyboards Ltd (Rs. In Millions)
Particulars Sep 2014 Jun 2014 Mar 2014 Dec 2013
Audited / UnAudited UnAudited UnAudited UnAudited UnAudited
Net Sales 4070.19 3627.37 3428.96 3055.88
Total Expenditure 3455.70 3173.65 3060.93 2752.20
PBIDT (Excl OI) 614.49 453.72 368.03 303.68
Other Income 38.51 31.32 238.18 68.14
Operating Profit 653.00 485.04 606.21 371.82
Interest 124.36 73.66 205.66 77.43
Exceptional Items 0 0 0 0
PBDT 528.64 411.38 400.55 294.39
Depreciation 109.11 104.26 88.61 87.60
Profit Before Tax 419.53 307.12 311.94 206.79
Tax 61.93 49.90 17.94 9.39
Provisions and contingencies 0 0 0 0
Profit After Tax 357.60 257.22 294.00 197.40
Extraordinary Items 0 0 0 0
Prior Period Expenses 0 0 0 0
Other Adjustments 0 0 0 0
Net Profit 357.60 257.22 294.00 197.40
Equity Capital 222.53 222.53 222.53 222.53
Face Value (IN RS) 1 1 1 1
Reserves
Calculated EPS 1.61 1.16 1.32 0.89
Calculated EPS (Annualised) 6.43 4.62 5.28 3.55
No of Public Share Holdings 56738139.00 56738139.00 60243613.00 60243613.00
% of Public Share Holdings 25.54 25.54 27.12 27.12

15% @ 90 DAYS – DECEMBER 2014
- 4 - SARAL GYAN CAPITAL SERVICES
Basis of Recommendation:
i) Technical Analysis
Disclaimer:
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