Riding the Growth Wave: Future of Plywood and Laminates Companies in 2025 Part 2

Company-Specific Developments Greenlam Industries Greenlam has expanded into the plywood and particle board segments, with expectations of EBITDA breakeven in the second half of FY 2025 as plant utilization reaches 50%. A new particle board plant is set to be operational by Q3 FY 2025, with a revenue potential of INR 7.5 billion. Source: MarketWatch​ Century Plyboards Century Plyboards anticipates double-digit top-line growth across all segments for the current financial year. The plywood segment is projected to grow by 10% with EBITDA margins between 12% to 14%, while the laminate segment is expected to grow at 20% with EBITDA margins ranging from 10% to 12%. Source: Eagleye Market View