Sylvan Plyboard (India) Limited

Sylvan Plyboard (India) Limited

NNSE:SYLVANPLY
44.25
INR
-0.10
(-0.23%)
774.99MMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
56.2
88.68
102.23
115.23
133.27
130.51
- -
Basic EPS, GAAP
0.19
1.58
1.82
3.15
3.8
3.71
- -
Free Cash Flow per Basic Share
1.49
3.52
-2.57
4.13
-5.21
5.7
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
41.18
42.75
45.48
49.64
64.6
68.31
68.31
Tangible Book Value per Share
41.17
42.75
45.46
49.63
64.47
68.2
68.2
Basic Weighted Avg Shares
19
19
19
19
18
19
19
Sales/Revenue/Turnover
1,089
1,718
1,981
2,233
2,420
2,529
- -
Operating Margin (%)
5.83
5.18
6.57
7.13
7.96
8.82
- -
Depreciation Expense
20
21
23
24
30
38
- -
Net Income, GAAP
4
31
35
61
69
72
- -
Effective Tax Rate (%)
27.11
22.34
23.44
30.95
23.76
26.95
- -
Profit Margin (%)
0.34
1.78
1.78
2.73
2.85
2.84
- -
Working Capital
643
649
658
738
959
1,011
1,011
LT Debt
77
80
58
54
33
14
14
Total Equity
798
828
881
962
1,252
1,324
1,324
Return on Invested Capital (%)
- -
5.43
7.32
7.58
8.44
8.47
- -
Return on Capital (%)
- -
5.26
5.91
7.52
8.01
6.75
- -
Return on Common Equity (%)
- -
3.76
4.13
6.61
6.23
5.58
- -

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
602
674
625
LT Borrowings
33
22
14
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
19
19
19
Market Capitalization
1,112
1,280
775

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
2,297
2,289
2,391
Cash, Cash Equivalents & STI
- -
108
1
Accounts Receivable, Net
515
509
562
Inventories
1,657
1,650
1,717
Total Current Liabilities
1,338
1,285
1,380
Payables & Accruals
- -
- -
- -
ST Debt
602
674
625
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
11.05%
5.74%
Free Cash Flow
- -
-146.37%
-216.69%
Net Income, GAAP
- -
165.77%
4.18%
Sales/Revenue/Turnover
- -
19.73%
4.48%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
2,233
2025
- -
- -
2,420
2026
- -
- -
2,529

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
3.15
2025
- -
- -
3.8
2026
- -
- -
3.71

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Anand Kumar Singh
Full Time Employees
315
Sector
Non-energy minerals
Industry
Forest products
Address
Adventz Infinity@5 Kolkata WB India 700091
IPO Date
Jul 1, 2024
Business
Sylvan Plyboard (India) Ltd manufactures plywood, block boards, flush doors, veneer, sawn timber, flexi doors, and wood panels across various grades and thicknesses, marketed under the Sylvan brand including premium lines such as Sylvan Z+ Premium Plus, middle-segment offerings like Robusta Premium and Primo Plus, and lower-segment products like Sylvan Blu; the company also provides specialized plywood types including boiling water proof (BWP), boiling water resistant (BWR), waterproof, fire retardant, termite proof, and modular deco ply options. Incorporated on August 20, 2002, as Singh Brothers Exim Private Limited in Kolkata, West Bengal, with roots tracing back to the Singh family's timber trading business started in 1951, the company maintains its headquarters and integrated manufacturing facility in Baidyabati, Hooghly district, near Kolkata, spanning approximately 11.61 acres. It operates primarily in the forest products and wholesale building materials industry, distributing through a network of over 223 authorized dealers across 13 states in eastern India, targeting residential, commercial construction, real estate, furniture, interior decor, and institutional sectors such as shipping, aviation, education, hospitals, transport, banking, and government projects. In June-July 2024, Sylvan Plyboard completed its initial public offering (IPO) on the NSE SME platform, raising approximately Rs 28 crores to fund capital expenditure for additional plant and machinery, working capital requirements, issue expenses, and general corporate purposes, marking its transition to a listed public limited company. Recent board actions in August-September 2025 include revising the managing director's remuneration effective October 1, 2025, appointing a new secretarial auditor, reappointing director Shakuntala Singh, and scheduling the 23rd annual general meeting for September 25, 2025, via video conferencing with book closure from September 19-25. The company continues to focus on operational enhancements, reporting revenue growth to Rs 242 crore and profit of Rs 6.90 crore for FY2025, while planning potential expansions into new product lines like MDF, particle board, and laminates amid rising construction demand.