
Top Plywood and Laminate Stocks Compared: Century Plyboards vs Greenlam Industries vs Stylam Industries vs Greenply Industries vs Archidply Industries on Price, Valuation, Q2 FY27 Results and Risks
Previous close: Century Plyboards Rs 677.85, Greenlam Industries Rs 210.36, Stylam Industries Rs 3,282.70, Greenply Industries Rs 274.75, Archidply Industries Rs 87.85.
Updated: 13 Nov 2026 • 9:33 am
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Quick Answer
This plywood and laminate stocks compared snapshot checks five names on price, valuation and Q2 FY27 results: Century Plyboards, Greenlam Industries, Stylam Industries, Greenply Industries and Archidply Industries. Century Plyboards is the largest by market capitalisation at Rs 15,058 crore. Stylam Industries reports the highest return on equity at 19.48%. Wood panel makers follow housing and furniture demand, so read margins and returns next to every multiple.
Plywood and laminate stocks compared here means Century Plyboards, Greenlam Industries, Stylam Industries, Greenply Industries and Archidply Industries on one page, checked on previous close, market value, valuation and the latest quarterly numbers. The group mixes a leading plywood and panel maker, two laminate makers, a plywood and MDF producer and a smaller plywood and door maker, so each name earns from a different mix of wood based products, which is exactly why a side-by-side look helps.
All five names have filed their September 2026 quarter, so every result below is Q2 FY27. Wood panel makers follow housing demand, furniture orders and timber costs, so a glance at the Nifty Midcap 100 page and the Sensex page before you read the tables gives useful backdrop.
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Plywood and Laminate Stocks Compared: Five Wood Panel Makers
The plywood and laminate stocks compared here are Century Plyboards, Greenlam Industries, Stylam Industries, Greenply Industries and Archidply Industries. Century Plyboards is the largest by market capitalisation at Rs 15,058 crore. Previous closes run from Rs 87.85 for Archidply Industries to Rs 3,282.70 for Stylam Industries, which is why a side-by-side look at value rather than price is more useful. This plywood and laminate stocks compared list is the base for every table that follows.
| Stock | Previous close (Rs) | Market cap (Rs crore) |
|---|---|---|
| Century Plyboards | 677.85 | 15,058 |
| Greenlam Industries | 210.36 | 5,382 |
| Stylam Industries | 3,282.70 | 5,555 |
| Greenply Industries | 274.75 | 3,440 |
| Archidply Industries | 87.85 | 176 |
A quick look at the business behind each ticker puts the numbers in context. Century Plyboards makes plywood, laminates, MDF and other wood panel products, while Greenlam Industries makes decorative laminates, veneers, doors and engineered flooring. Stylam Industries makes decorative laminates and allied surfacing products for furniture and interiors, and Greenply Industries makes plywood, MDF and other wood panel products. To compare plywood and laminate stocks properly, line up price to earnings, return on equity and operating margin before forming a view.
Rounding out the group, Archidply Industries makes plywood, doors and laminates for furniture and interior users. A fair plywood and laminate stock comparison looks at what each company actually earns from, not only at the share price. Plywood makers, laminate makers and smaller panel firms belong in separate mental boxes whenever you compare plywood and laminate stocks fairly.
Plywood and Laminate Stocks Valuation: Multiples, Returns and Payouts
Archidply Industries trades at the lowest price to earnings ratio in this group at 10.59. Stylam Industries reports the highest return on equity at 19.48%. Archidply Industries has the lowest price to book value at 1.27. These plywood and laminate stocks valuation readings come from the previous close and the latest reported financials. That is the idea behind this plywood and laminate stocks compared table: price to earnings and return on equity sit side by side so a high or low reading stands out at once.
| Stock | Price to earnings | Price to book | ROE (%) | Dividend yield (%) | Debt to equity |
|---|---|---|---|---|---|
| Century Plyboards | 45.43 | 5.44 | 11.67 | 0.15 | 0.75 |
| Greenlam Industries | 62.78 | 4.43 | 7.00 | 0.19 | 0.90 |
| Stylam Industries | 31.79 | 6.19 | 19.48 | 0.05 | |
| Greenply Industries | 27.38 | 3.55 | 14.29 | 0.18 | 0.65 |
| Archidply Industries | 10.59 | 1.27 | 11.98 | 1.35 |
Panel makers are often valued on price to earnings and return on equity, because margins move with timber and resin costs. Dividend yield and the industry multiple help you judge how the market values each maker and how much it pays back. Earnings per share and book value per share are the building blocks behind price to earnings and price to book, so a glance at both in each filing is time well spent. A simple plywood and laminate stock comparison like this one is only as useful as the context behind it, which is why operating margin is worth checking as well.
In this group, price to earnings runs from 10.59 for Archidply Industries to 62.78 for Greenlam Industries. Greenlam Industries offers the highest dividend yield at 0.19%. Against an industry price to earnings of 33.45, each multiple in the table tells you whether the market is paying more or less than the sector norm. The industry price to earnings is a handy anchor: a stock above it is priced for faster growth, and one below it is priced for steadier earnings. A well-built plywood and laminate stock comparison also notes that timber costs, housing demand and product mix can move results between quarters. Run the same plywood and laminate stock comparison on your own watchlist and the pattern in these numbers will be easier to spot. Whenever you compare plywood and laminate stocks, note whether a premium is backed by returns or only by size.
Plywood and Laminate Stocks Q2 FY27 Results: Revenue and Profit Check
All of the five plywood and laminate stocks compared have filed Q2 FY27 numbers. Century Plyboards posted the fastest revenue growth at 28.4% year on year. Greenply Industries showed the sharpest rise in net profit at 167.4%. Read revenue first and quarterly profit second, since the two together show how much of the growth reaches shareholders. Treat the Q2 FY27 numbers in this plywood and laminate stocks compared review as a snapshot of one quarter, not a verdict on any wood panel maker.
| Stock | Q2 FY27 revenue (Rs crore) | Q2 FY26 revenue (Rs crore) | Q2 FY27 net profit (Rs crore) | Q2 FY26 net profit (Rs crore) |
|---|---|---|---|---|
| Century Plyboards | 1,782 | 1,387 | 103.6 | 70.9 |
| Greenlam Industries | 882.0 | 809.5 | ||
| Stylam Industries | 344.8 | 293.3 | 42.4 | 37.3 |
| Greenply Industries | 803.2 | 690.3 | 42.7 | 16.0 |
| Archidply Industries | 202.3 | 176.0 | 6.2 | 2.6 |
Century Plyboards Results Snapshot
In the September 2026 quarter, Century Plyboards booked revenue of Rs 1,782 crore against Rs 1,387 crore in the same quarter last year, a rise of 28.4%. Net profit rose 46.1% to Rs 103.6 crore from Rs 70.9 crore. Operating margin expanded to 13.0% from 12.7% a year ago. Earnings per share for the quarter rose to Rs 4.53 from Rs 3.40.
Greenlam Industries Results Snapshot
Greenlam Industries' Q2 FY27 top line stood at Rs 882.0 crore, versus Rs 809.5 crore in Q2 FY26, a rise of 9.0%.
Stylam Industries Results Snapshot
Stylam Industries reported Q2 FY27 revenue of Rs 344.8 crore, compared with Rs 293.3 crore a year earlier, a rise of 17.5%. Net profit rose 13.4% to Rs 42.4 crore from Rs 37.3 crore. Earnings per share for the quarter rose to Rs 24.93 from Rs 22.17.
Greenply Industries Results Snapshot
In the September 2026 quarter, Greenply Industries booked revenue of Rs 803.2 crore against Rs 690.3 crore in the same quarter last year, a rise of 16.3%. Net profit rose 167.4% to Rs 42.7 crore from Rs 16.0 crore. Operating margin expanded to 10.8% from 7.6% a year ago. Earnings per share for the quarter rose to Rs 3.42 from Rs 1.27.
Archidply Industries Results Snapshot
Archidply Industries' Q2 FY27 top line stood at Rs 202.3 crore, versus Rs 176.0 crore in Q2 FY26, a rise of 14.9%. Net profit rose 134.0% to Rs 6.2 crore from Rs 2.6 crore. Operating margin expanded to 8.0% from 6.2% a year ago. Earnings per share for the quarter rose to Rs 3.12 from Rs 1.33.
Panel maker results depend on volumes, product mix, timber and resin costs and dealer reach, so profit can look different from revenue in a single quarter. That is why a plywood and laminate stock comparison works best when revenue and profit are read together across two or three quarters. Used this way, a plywood and laminate stocks compared review becomes a map of the sector rather than a price list. When you compare plywood and laminate stocks after each result season, track how operating margin changes from one quarter to the next. A plywood and laminate stock comparison built on one quarter of data is a starting point, and the next set of results will update it.
Plywood and Laminate Stocks Compared Two at a Time: Three Pairings
Readers rarely want a five-way table and nothing else, so here are three head-to-head reads drawn from the same data. Use them as a quick way to compare plywood and laminate stocks two at a time.
Century Plyboards vs Greenply Industries
Century Plyboards and Greenply Industries both make plywood, MDF and other wood panels, so they are the closest pair on the list. On price to earnings, Greenply Industries carries the lower multiple at 27.38 against 45.43 for Century Plyboards. Greenply Industries reports the higher return on equity, at 14.29% against 11.67% for Century Plyboards. For dividend income, Greenply Industries offers 0.18% against 0.15% at Century Plyboards. Both follow housing and furniture demand, so read growth next to valuation before you judge either multiple.
Greenlam Industries vs Stylam Industries
Greenlam Industries and Stylam Industries both make decorative laminates for furniture and interiors. The two are close in size, with market capitalisations of Rs 5,382 crore for Greenlam Industries and Rs 5,555 crore for Stylam Industries. Stylam Industries reports the higher return on equity, at 19.48% against 7.00% for Greenlam Industries. In Q2 FY27, Stylam Industries grew revenue faster, at 17.5% year on year against 9.0% for Greenlam Industries. Both sell surfaces for interiors, so read margins and returns together.
Archidply Industries vs Century Plyboards
Archidply Industries is a smaller maker of plywood, doors and laminates, while Century Plyboards is far larger and wider in range. Century Plyboards is about 85.6 times the size of Archidply Industries by market capitalisation, at Rs 15,058 crore against Rs 176.0 crore. On price to earnings, Archidply Industries carries the lower multiple at 10.59 against 45.43 for Century Plyboards. Archidply Industries reports the higher return on equity, at 11.98% against 11.67% for Century Plyboards. A small and a large maker are priced differently, so read the business mix before you read the ratio.
Best Plywood and Laminate Stocks for Each Type of Investor
Searching for the best plywood and laminate stocks usually means different things to different readers. The table below shows who leads on each measure today, so you can pick the row that matches your goal. Any plywood and laminate stocks compared table can mislead if you stop at one row, because each wood panel maker leads on a different measure.
| If you care most about | Start your research with | The number |
|---|---|---|
| Lowest price to earnings | Archidply Industries | 10.59 |
| Highest return on equity | Stylam Industries | 19.48% |
| Highest dividend yield | Greenlam Industries | 0.19% |
| Lowest price to book value | Archidply Industries | 1.27 |
| Largest by market capitalisation | Century Plyboards | Rs 15,058 crore |
| Fastest Q2 FY27 revenue growth | Century Plyboards | 28.4% |
| Sharpest Q2 FY27 net profit rise | Greenply Industries | 167.4% |
No single name tops every row, which is exactly why a plywood and laminate stock comparison helps. Size, margins, returns and valuation each point to a different maker, so decide what matters most to you before you rank the numbers.
What Is Driving Demand for Plywood, Laminates and Wood Panels Right Now?
New homes, renovations and modular furniture keep demand steady for plywood, laminates and wood panels. Makers with strong dealer networks and wide product ranges can reach more buyers. Knowing what moves housing demand and timber costs helps you compare plywood and laminate stocks with the right questions in mind.
Timber costs, product mix and dealer reach decide margins. A rising share of premium laminates and engineered boards can lift returns for panel makers. A good plywood and laminate stocks compared routine therefore tracks volumes, margins and product mix.
Risks to Weigh When You Compare Plywood and Laminate Stocks
Plywood and laminate stocks depend on housing demand, timber and resin costs, imports and competition. Smaller makers can see sharp swings, so read each filing for volume, margin and mix commentary before you compare them. Every plywood and laminate stock comparison has blind spots, and for this group the biggest is housing demand and timber costs. A thoughtful plywood and laminate stocks compared review keeps these risks next to the numbers instead of in a footnote.
Because volumes, margins and product mix drive these businesses, the most useful habit is to read the management commentary that comes with every result and note what is expected for the next quarter. Read together, the risk notes and the tables make this plywood and laminate stocks compared guide a balanced starting point.
How to Compare Plywood and Laminate Stocks and Build a Shortlist
Start by deciding whether you prefer plywood and boards or decorative laminates, because each responds to different triggers. Plywood makers reward readers who track housing and timber costs, while laminate makers reward those who track premium interiors and exports. Done step by step, this plywood and laminate stocks compared routine becomes repeatable rather than a one-off exercise.
Then check valuation and returns, because premium multiples leave less room for slips in margins. Spreading your attention across one plywood name and one laminate name is a simple way to see both sides of the sector. Keep the shortlist of best plywood and laminate stocks short enough that you can actually follow each company's quarterly results. When you compare plywood and laminate stocks again after new results, update only the rows that changed instead of starting over.
The Univest stock screener lets you filter plywood and laminate stocks by market capitalisation, return on equity and price to earnings, and the app keeps live prices a tap away through the trading day. Come back to this plywood and laminate stocks compared page after the next set of results to see which numbers have moved.
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Conclusion: Plywood and Laminate Stocks Compared at a Glance
This plywood and laminate stocks compared review on price, valuation and Q2 FY27 results shows that no single name wins every measure. Century Plyboards leads on size and Stylam Industries leads on return on equity, while the others bring their own strengths. Treat the plywood and laminate stocks Q2 FY27 results and plywood and laminate stocks valuation tables as a research starting point, then check the filings and speak to a SEBI-registered advisor before you invest. If you plan to compare plywood and laminate stocks again next quarter, the same checklist of price to earnings, return on equity and operating margin will work.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on Plywood and Laminate Stocks Compared
Which are the top plywood and laminate stocks compared in this article?
Ans. The plywood and laminate stocks compared in this article are Century Plyboards, Greenlam Industries, Stylam Industries, Greenply Industries and Archidply Industries. They are checked on previous close, market capitalisation, price to earnings, price to book, return on equity and the latest quarterly results, which gives you one tidy table to work from before you read any filing in detail.
Which plywood and laminate stock has the highest market capitalisation?
Ans. Among the five names, Century Plyboards has the highest market capitalisation at Rs 15,058 crore. Stylam Industries follows at Rs 5,555 crore. Because market capitalisation is simply share price multiplied by shares outstanding, it shifts daily, so confirm the live number before using it.
Which of these plywood and laminate stocks has the lowest price to earnings ratio?
Ans. On plywood and laminate stocks valuation, Archidply Industries has the lowest price to earnings ratio among these plywood and laminate stocks at 10.59, based on the latest reported earnings. Greenlam Industries sits at the other end at 62.78. A low multiple can reflect slower growth or higher risk as easily as a bargain, so read it next to growth and margins.
Which plywood and laminate stock has the highest return on equity?
Ans. Stylam Industries reports the highest return on equity in this group at 19.48%. The ratio measures profit earned for every rupee of shareholder money, which makes it a quick test of capital efficiency. One year can mislead, so look at several, and remember that borrowing can push the figure up.
How did plywood and laminate stocks perform in Q2 FY27 results?
Ans. All of the five names have filed Q2 FY27 numbers in our data. Century Plyboards recorded the fastest revenue growth at 28.4% year on year. Greenply Industries showed the sharpest net profit rise at 167.4%. For plywood and laminate stocks Q2 FY27 results, each filing on the exchange website carries the full detail behind these figures.
What are the main risks when you compare plywood and laminate stocks?
Ans. Plywood and laminate stocks depend on housing demand, timber and resin costs, imports and competition. Smaller makers can see sharp swings, so read each filing for volume, margin and mix commentary before you compare them. Keep an eye on volumes, margins and product mix.
Which metrics matter most when you compare plywood and laminate stocks?
Ans. Volume growth, operating margin, return on equity and debt matter most for operating performance. Price to earnings and dividend yield show how the market values each maker. Read each company's filing for these along with the numbers in this article.
Which is the best plywood and laminate stock to buy among these five?
Ans. The best plywood and laminate stock depends on whether you value plywood and boards, decorative laminates or a smaller panel maker, because the five names differ on all of these. On the numbers in this article, Century Plyboards has the largest market capitalisation; Archidply Industries has the lowest price to earnings; Stylam Industries has the highest return on equity; Greenlam Industries has the highest dividend yield. Each name wins on a different row, and this is educational content rather than advice. Build a shortlist from the tables, read the latest filings, and talk to a SEBI-registered advisor, because your own goals and risk appetite decide the right fit.
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