5 Best Plywood Brands: Wood Company

List of 5 Best Plywood Brands: Wood Company which are sorted out based on the total sales Revenue.

The Indian furniture market size was estimated at USD 55 billion and is expected to grow at a CAGR of 12.91% during the period 2020-2024, while the global furniture market was estimated at USD 1.1 trillion in 2020.

The Indian furniture market accounted for 5% of the global demand, which indicates a growth potential especially at a time when a number of global buyers look forward to India as an alternative to China as a furniture manufacturing
base.

List of 5 Best Plywood Brands (Wood Company)

So here is the List of 5 Best Plywood Brands (Wood Company) which are sorted out based on the total sales.

1. Century Plyboards (India) Ltd

Century Plyboards (India) Ltd. came into existence in 1986 as a result of the foresightedness of two visionaries, Mr. Sajjan Bhajanka and Mr. Sanjay Agarwal. Since then, the company has taken giant strides and is today, the largest seller of multi-use plywood and decorative veneers in the Indian organized plywood market.

Return on Equity	5Y Avg ROE	ROCE %	5Y Avg EBITDA Margin	Revenue (₹ Cr )
16.3 %	19.4 %	20.7	15.4	2148

In 1997, CenturyPly became the first company to introduce Borer-Proof Plywood in India. As the pioneers in Borer Proof Plywood and Boiling Water Resistant (BWR) Decorative Veneers and Laminates in India, the company has successfully created a niche in the highly competitive lifestyle segment.

Today, the company is a one-point manufacturing unit of all kinds of plywoods and plywood related products, offering International quality and highest Return-on-Investment to every stakeholder.

2. Greenply Industries Ltd

The company was incorporated as Mittal Laminates Private Ltd. The organization was renamed as Greenply Industries Ltd.

Mr. Rajesh Mittal took the first step towards the introduction of plywood industries in India by setting up a saw-mill. Mr. Rajesh Mittal came up with a plywood manufacturing plant in Nagaland with the intention of providing products of unmatched quality.

Amalgamation of Greenply Industries Limited with Mittal Laminates Limited took place on 1st April. Prior to this event, the plywood manufacturing unit at Tizit, Nagaland was transferred to Greenply Industries Limited.

Return on Equity	5Y Avg ROE	ROCE %	5Y Avg EBITDA Margin	Revenue (₹ Cr )
15.0	14.6	18.7	11.7	1172

Acquisition of Galaxy Decor Private Limited & Platinum Veneers Private Limited as wholly owned subsidiaries which also looked after the plywood manufacturing facility at Bamanbore, Gujarat.

3. Greenpanel Industries Ltd

Greenpanel is India’s largest manufacturer of wood panels. The company state-of-the-art manufacturing plants in Uttarakhand and Andhra Pradesh make top-quality Medium Density Fibreboard (MDF), Plywood, Veneers, Flooring and Doors.

Return on Equity	ROCE %	Revenue (₹ Cr )
9.9	11.8	1024

The brand culture of innovation and sustainability permeates everything the company do. Case in point: Greenpanel MDF is made with 100% renewable agro-forestry wood.

Greenpanel, previously known as Green Panelmax, is the largest producer of MDF in the country. The company manufacturing plants have a combined annual capacity of more than 540,000 cubic meters of MDF. This is complemented by the company robust distribution network of 3,000-plus outlets spread across the country.

4. Uniply Industries Ltd

Founded in 1996, Uniply Industries Ltd has serviced the plywood industry for over two long decades. The company product offerings include – plywood, laminates, veneers, adhesives, wooden flooring, panel products and a myriad of auxiliaries.

Joining hands with Vector Projects (I) Pvt Ltd – a premium brand in integrated turnkey interior solutions for both, commercial and residential spaces, in 2017, and with its foray into the world of construction – Uniply has started its journey towards becoming a one-stop shop for all your infrastructure needs.

Return on Equity	5Y Avg ROE	ROCE %	5Y Avg EBITDA Margin	Revenue (₹ Cr )
-4.4	7.2	0.5	13.8	337

The Company is now equipped to handle everything from land acquisition to construction, to designing and right up to the provision of furniture – for all kinds of spaces.

Having delivered over 1500 projects, the company had the privilege to work with stalwart brands in every sector. Every project has been a learning experience and 40% of clients being repeat customers, has been a humbling testimony for our hard work.

5. Archidply Industries Ltd

Archidply Industries Ltd has a Manufacturing Facilities in Uttaranchal & Assam and Manufacturing Plywood & Laminates. The Company has a Installed capacity to manufacture products worth 50 million USD.

Return on Equity	5Y Avg ROE	ROCE %	5Y Avg EBITDA Margin	Revenue (₹ Cr )
2.6	4.2	10.2	6.9	231

The Archidply group has invested heavily in Research and Development activities. This has resulted in bringing to the market the first Low Formaldehyde emission plywood in India in the year 2008. Archidply products are specially treated to reduce levels of Formaldehyde Emission, making your home and office safe. The company promoted this feature for the general public through its TVC launched in 2008.

List of 5 Best Plywood Brand (Wood Company)

So here is the list of top 5 Plywood Companies in India which are sorted out based on total Revenue, Sales.

Name	Sub-Sector	Return on Equity	5Y Avg ROE	ROCE %	5Y Avg EBITDA Margin	Revenue (₹ Cr )
Century Plyboards (India) Ltd	Wood Products	16.3	19.4	20.7	15.4	2148
Greenply Industries Ltd	Wood Products	15.0	14.6	18.7	11.7	1172
Greenpanel Industries Ltd	Wood Products	9.9		11.8		1024
Uniply Industries Ltd	Wood Products	-4.4	7.2	0.5	13.8	337
Archidply Industries Ltd	Wood Products	2.6	4.2	10.2	6.9	231