Century Plyboards (India) Limited has recommended a final dividend of ₹1 per equity share of face value ₹1 each for the financial year ended March 31, 2026, following a board meeting held on May 22, 2026. The announcement was made to NSE alongside the company's Q4 FY26 financial results.

Dividend Details and Yield

The recommended dividend of ₹1 per share translates to a dividend yield of approximately 0.13% based on the stock's last traded price of ₹769.95 on NSE as of May 22, 2026. The payout is subject to shareholder approval at the upcoming Annual General Meeting. The face value of each equity share is ₹1, making this a 100% dividend on face value.

Year-on-Year Comparison and Historical Trend

The FY26 payout is unchanged from the ₹1 per share final dividend declared in May 2025 for FY25. A review of the company's dividend history reveals a largely stable but modest payout pattern over the past decade:

The last time the company paid a higher dividend was in FY22, when it declared ₹1.5 per share. Since then, the payout has been held at ₹1 for four consecutive fiscal years, indicating a conservative and consistent distribution policy. There has been no interim dividend declared during FY26.

Valuation and Market Context

At the current price of ₹769.95, Century Plyboards trades at a price-to-earnings (PE) ratio of 70.35, which is at a premium to the sector PE of 68.78. The stock is a constituent of the NIFTY MICROCAP 250, NIFTY TOTAL MARKET, and NIFTY SMALLCAP 500 indices. The company's market capitalisation stands at ₹17,106.21 Cr.

The stock has traded within a 52-week range of ₹618.50 to ₹859. The 52-week high of ₹859 was recorded on February 3, 2026, while the 52-week low of ₹618.50 was touched on March 23, 2026. At the current price of ₹769.95, the stock is trading approximately 10.3% below its 52-week high and 24.5% above its 52-week low, positioning it in the mid-range of its annual band.

Trading Activity and Delivery Data

On the day of the announcement, 52,401 shares were traded on NSE, with a delivery percentage of 51.3%. A delivery percentage above 50% typically reflects genuine investor interest rather than intraday trading activity. The stock's daily volatility stands at 1.94%, and the share price closed with a gain of ₹3.45 (0.45%) on the day.

Company Background

Century Plyboards (India) Limited is one of India's leading manufacturers of plywood, laminates, and allied wood panel products. The company operates across multiple segments including plywood, laminates, MDF (medium-density fibreboard), and particle boards, catering to both retail and institutional segments of the construction and interior design industry.

With the FY26 results now submitted to the exchange and the dividend recommendation formally announced, shareholders of record will be eligible for the ₹1 payout once the AGM approval is obtained. No record date or payment date has been communicated to the exchange as of the time of this announcement.