India's Richest People 2026 edition · 1 director · Source: Hurun India
- #579 Sanjay Agarwal and family ₹5,800 Cr
Revenue · FY 2025
₹396.03 Cr
▲ 6928% YoY
Net loss · FY 2025
₹100.46 Cr
Net margin -25.4%
EBITDA · FY 2025
-₹18.54 Cr
EBITDA margin -4.7%
Authorised capital
₹1,000 Cr
Registered with MCA
Paid-up capital
₹450 Cr
Issued & subscribed
Open charges
₹973.7 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
189
Provident fund records
About Century Panels Limited
Data last updated:
Century Panels Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Century Plyboards (India) Ltd.. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 19 February 2020 and has been in existence for over 6 years.
Its director Sanjay Agarwal and family are #579 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U20299WB2020PLC236573. Its GSTIN is 19AAICC6529K1Z6 (West Bengal). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹1,000 Cr and a paid-up capital of ₹450 Cr. It is led by directors including Keshav Bhajanka (Whole-Time Director) and Nikita Bansal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at P – 15/1 Taratala Road Century House, Kolkata, West Bengal, India – 700088.
As per the financials filed for FY 2025, the company reported a revenue of ₹396.03 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹100.46 Cr (net margin -25.4%) and EBITDA of -₹18.54 Cr (EBITDA margin -4.7%).
The company has about 189 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹973.7 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 2 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in January 2022. Its 8 peer companies in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products) are compared by revenue, 4 larger and 4 smaller; the largest is Merino Panel Products Ltd with revenue of ₹524.23 Cr.
For more details, the company can be reached via its website centuryply.com.
Company details
CIN U20299WB2020PLC236573
Registration Number 236573
Incorporation Date 19 February 2020
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Century Plyboards (India) Ltd.
Recognitions & Rankings of Century Panels
Contact details
Century Panels Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Apps
- Registered AddressP – 15/1 Taratala Road Century House, Kolkata, West Bengal, India – 700088
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Century Panels Limited, buy the company report.
Comprehensive company report
Century Panels Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Century Panels is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Century Panels Limited, buy the company report.
Financials of Century Panels Limited
FY 2025 filings availableCentury Panels Limited reported revenue of ₹396.03 Cr (up 6928% YoY) for FY 2025.
Revenue · FY 2025
₹396.03 Cr ▲ 6928%
Net loss · FY 2025
₹100.46 Cr margin -25.4%
EBITDA · FY 2025
-₹18.54 Cr margin -4.7%
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹18.54 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹100.46 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.7% | ||||
| Net Profit Margin | -25.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Century Panels Limited, buy the company report.
Board of directors of Century Panels Limited
Century Panels has 7 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikita Bansal Also directs: Century Plyboards (India) Ltd., Century Coats Ltd, Century Infotech Limited and 5 more | Director | 21 Nov 2022 | 3 Years 11 Months | Current |
| Keshav Bhajanka Also directs: Century Plyboards (India) Ltd., Centuryply Furniture Fittings Limited, Century Led Limited and 5 more | Whole-Time Director | 10 Sep 2021 | 5 Years 1 Months | Current |
| Sanjay Agarwal Also directs: Century Plyboards (India) Ltd., Brijdham Merchants Pvt Ltd, Pacific Plywoods Pvt Ltd and 5 more | Director | 19 Feb 2020 | 6 Years 8 Months | Current |
| Ratan Rajkhowa | Director | 06 May 2024 | 2 Years 5 Months | Current |
| Ajay Baldawa Also directs: Century Plyboards (India) Ltd., Darshanlal Jagdishparshad Private Limited, Century MDF Limited and 5 more | Director | 19 Feb 2020 | 6 Years 8 Months | Current |
| Rajesh Kumar Agarwal Also directs: Century Plyboards (India) Ltd., Shyam Century Ferrous Limited, Brijdham Merchants Pvt Ltd and 5 more | Director | 10 Sep 2021 | 5 Years 1 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Century Panels Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Merino Panel Products Ltd | ₹524.23 Cr (FY 2020) | -3.0% | Kolkata, West Bengal, India | |||
| Advance Decorative Laminate Private Limited | ₹505.44 Cr (FY 2025) | 30.0% | Delhi, India | |||
| Globe Panel Industries India Private Limited | ₹429.35 Cr (FY 2025) | 12.0% | New Delhi, Delhi, India | |||
| Chaudhary Timber Industries Private Limited | ₹416.06 Cr (FY 2025) | 8.0% | New Delhi, Delhi, India | |||
| Century Panels Limitedthis company | ₹396.03 Cr (FY 2025) | -₹100.46 Cr | -25.4% | 6928.0% | 189 | Kolkata, West Bengal, India |
| Associate Decor Limited | ₹392.44 Cr (FY 2015) | 30.0% | Malur, Karnataka, India | |||
| Crown Decor Private Limited | ₹389.02 Cr (FY 2024) | 15.0% | Sanand, Gujarat, India | |||
| Duroply Industries Limited | ₹372.73 Cr (FY 2025) | 15.0% | Kolkata, West Bengal, India | |||
| Amazon Wood Private Limited | ₹329.76 Cr (FY 2025) | 9.0% | Pune, Maharashtra, India |
To see the full peer comparison of Century Panels Limited, buy the company report.
Auditor
Century Panels Limited is audited by DAS & PRASAD for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DAS & PRASAD | FY 2021 | 303054E |
Shareholding
The shareholding of Century Panels Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Century Panels Limited, buy the company report.
Charges & borrowings
Open charges
₹973.7 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Mar 2025 | 101074222 | Hdfc Bank Limited | ₹96 Cr | Open | |
| 28 Oct 2024 | 101010214 | Others | ₹189.45 Cr | Open | |
| 14 Dec 2022 | 100659770 | Standard Chartered Bank | ₹23.25 Cr | Open | |
| 02 Jun 2022 | 100585462 | Standard Chartered Bank | ₹215 Cr | Open | |
| 26 Apr 2022 | 100567087 | Hdfc Bank Limited | ₹450 Cr | Open |
To see the full charge records of Century Panels Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Century Panels Limited has 1 deal on record (1 acquisition); the latest was in January 2022.
Total deals
1
Acquisition
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Acquisition | ₹99.95 Cr | Buyer: Century Plyboards (India) Ltd. |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Century Panels Limited has 3 court cases on record: 1 filed by Century Panels, 2 filed against it. 2 cases are pending and 1 is disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Southern Power Distribution Company of Andhra Pradesh Ltd., and 1 other | Disposed |
| District court, Kamrup Metro, Assam | Court case (Complaint Case C.R.) | Filed against the company by an individual | Pending |
| District court, Kamrup Metro, Assam | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Century Panels Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Century Panels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Century Panels has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Century Adhesives & Chemicals Limited | U24110WB2022PLC255690 |
To see the full group structure of Century Panels Limited, buy the company report.
Employees & EPFO
Century Panels Limited has a workforce of 189 employees on its EPFO records as of Sep 19, 2024, across 1 active EPFO establishment.
Employee count
189
Active EPFO establishments
1
Employee growth
127.71%
GST
Century Panels has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
Total GSTINs
6
Active
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAICC6529K1Z6 | West Bengal | Active | 01 Aug 2021 |
| 37AAICC6529K1Z8 | Andhra Pradesh | Active | 01 Jan 2022 |
| 29AAICC6529K1Z5 | Karnataka | Active | 20 Jan 2024 |
| 07AAICC6529K1ZB | Delhi | Active | 21 Jan 2024 |
To see the full GST registrations and return filing status of Century Panels Limited, buy the company report.
Recent activity
Century Panels Limited has 15 board changes on record since 2020: 9 appointments and 6 cessations. The latest: Amit Kiran Deb was appointed as Additional Director on 04 Feb 2026.
Appointed
Amit Kiran Deb was appointed as Additional Director.
Charges
A charge with Others of Rs. 189.45 Cr registered on 28 Oct 2024 with Charge ID 101010214 was modified on 21 Nov 2025.
AGM
Century Panels Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Standard Chartered Bank of Rs. 215.00 Cr registered on 02 Jun 2022 with Charge ID 100585462 was modified on 23 May 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 450.00 Cr registered on 26 Apr 2022 with Charge ID 100567087 was modified on 23 May 2025.
Filing
Century Panels Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata I.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 96.00 Cr with Charge ID 101074222 was registered on 12 Mar 2025.
Charges
A charge with Others amounted to Rs. 189.45 Cr with Charge ID 101010214 was registered on 28 Oct 2024.
Ceased
Ratan Rajkhowa ceased to be Additional Director.
Ceased
Shripal Jain ceased to be Additional Director.
Charges
A charge with Standard Chartered Bank of Rs. 23.25 Cr registered on 14 Dec 2022 with Charge ID 100659770 was modified on 26 Jun 2024.
Appointed
Ratan Rajkhowa was appointed as Director.
15 earlier events are in the company report.
News
Frequently asked questions
Century Panels is an active public limited company based in Kolkata, West Bengal, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 19 February 2020 (6+ years old) and is registered under CIN U20299WB2020PLC236573.
Century Panels has 7 current directors:
- Keshav Bhajanka - Whole-Time Director
- Nikita Bansal - Director
- Sanjay Agarwal - Director
- Ratan Rajkhowa - Director
- Ajay Baldawa - Director
- Rajesh Kumar Agarwal - Director
- Amit Kiran Deb - Additional Director
The latest financial statements of Century Panels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Century Panels is 19AAICC6529K1Z6, registered in West Bengal. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 37AAICC6529K1Z8 (Andhra Pradesh), 29AAICC6529K1Z5 (Karnataka), 07AAICC6529K1ZB (Delhi).
The CIN (Corporate Identification Number) of Century Panels is U20299WB2020PLC236573. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Century Panels has 3 court cases on record: 1 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Century Panels was incorporated on 19 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Kolkata.
Century Panels has 1 deal on record (1 acquisition); the latest was in January 2022.
The peers of Century Panels by revenue are Merino Panel Products Ltd, Advance Decorative Laminate Private Limited, Globe Panel Industries India Private Limited, Chaudhary Timber Industries Private Limited, Associate Decor Limited and 3 more, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Amit Kiran Deb was appointed as Additional Director on 04 Feb 2026. Ratan Rajkhowa ceased to be Additional Director on 29 Sep 2024. Shripal Jain ceased to be Additional Director on 29 Sep 2024. Century Panels has 15 board changes on record in total.
Century Panels can be reached through the website centuryply.com. Its registered office is in Kolkata, West Bengal, India.
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