Another case study in #concallsnippets series-

$Century Plyboards (India) Ltd 's ROCE in MDF segment currently is ~30-35%. This is majorly driven by price hikes taken by the company in Q1FY22 after increase in raw material prices- indicating pricing power with the company.

Management has guided further price hikes in Q3FY22 also and certainly we can expect the ROCE to remain sustainable at 20-25% levels going forward.

Also management explained, why because of high demand, prices of Wood panel increased in China back then, and this time similar price increase in wood panel industry specifically in MDF is expected in IndiašŸ’¹