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MARKET DEPTH

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82.70a day ago
82.70a day ago
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LOWER/UPPER CIRCUITS

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Sylvan Plyboard India Ltd Stock performance
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KEY OBSERVATIONS

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noteAnnual Revenue,rose 12.92%, in the last year to ₹224.88 Cr. Its sector's average revenue growth for the last fiscal year was 8.91%.
noteAnnual Net Profit,rose 72.71% in the last year to ₹6.09 Cr. Its sector's average net profit growth for the last fiscal year was -34.57%.
notePrice to Earning Ratio,is 26.29, lower than its sector PE ratio of 70.06.
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Sylvan Plyboard (India) limited was originally incorporated as a Private Limited Company in the name of ‘Singh Brothers Exim Private Limited’ on August 02, 2002 under the provisions of Companies Act, 1956 issued by Registrar of Companies - West Bengal. Subsequently the name of the company was changed to ‘Sylvan Plyboard (India) Private Limited’ vide a fresh Certificate of Incorporation consequent upon Change of Name dated March 05, 2013 issued by Registrar of Companies - West Bengal. Subsequently, the company was converted into Public Limited Company under the Companies Act, 2013 and the name of the Company was changed to ‘Sylvan Plyboard (India) Limited’ vide a fresh Certificate of Incorporation consequent upon conversion from Private Company to Public Company dated June 19, 2018 issued by Registrar of Companies, Kolkata.The company is engaged into manufacturing of various wood products such as plywood, block board, flush door, veneer and sawn timber across various grades and thickness. In the year 1951, Jai Prakash Singh (Whole Time Director of the company and father of its promoter) through his proprietorship concern, Singh Brothers Co., started the business as a trading concern of indigenous timber logs and subsequent selling the same in Indian market. Leveraging the knowledge of timber products and domestic market, in the year 2004, the Company acquired ongoing business of Singh Brothers Co. (Proprietorship Firm). Over the period, after establishing its selves in trading of timber products, it diversified its activities to manufacturing activities by setting up an integrated manufacturing facility in Baidyabati, West BengalIt is dedicated to constantly expanding and updating its product range in order to stay ahead in the market. Its range of products under its manufacturing capabilities is summarized as under: Plywood, Block Boards Flush Doors, Veneer, and Sawn Timber. The company markets its products under the brand name of ‘Sylvan’, through its network of Authorized Dealers and Authorized Sub Dealers.It has more than many numbers of plywood products in its basket, thickness ranging from 4 mm to 40 mm. The company has large range of product offering to wide range of customers, ‘Sylvan Z+ Premium Plus’ is the most premium plywood product of the Company amongst other offerings in premium segment. It has ‘Robusta Premium’ ‘Primo Plus’ for middle segment and ‘Sylvan Blu’ which is aimed at lower class segment with a view of addressing the growing demand of cheaper plywood and their alternatives. It also offers Boiling Water Proof (BWP) and Boiling Water Resistant (BWR) plywood. Its range of plywood products caters to various customers across various segments.Business area of the companyThe company is engaged in the business of manufacturing plywood, block board, flush door, veneers and allied products. In addition, it engages in import and trading of timber logs and sawn timber.Products of the companyPlywoodBlockboard Flush doorVeneerSawn timberResin/Glue History and milestones2002: Business started in the name ‘Singh Brothers Exim Private Limited’.2004: Acquisition of M/s Singh Brother Co. (Proprietorship concern of Jai Prakash Singh).2013: Change in name from ‘Singh Brothers Exim Private Limited’ to ‘Sylvan Plyboard (India) Private Limited’.2016: Certified as an ISO- 14001:2004 Company.2016: Certified as an ISO- 9001:2008 Company.2016: Certified as an OHSAS 18001:2007 Company.2018: Company converted from Private Limited Company to Public Limited Company i.e. ‘Sylvan Plyboard (India)’.
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