Business Today

A Solid Player

SAJJAN BHAJANKA HAS the sniffles. Temperature variations from a whirlwind multi-city tour following the launch of their expanded Hoshiarpur factory in early February has given the 71-year-old Chairman of wood panel company Century Plyboards, a cold, a minor inconvenience considering he is racing towards a ₹5,000 crore-revenue target by FY26.

That means nearly doubling the ₹3,000 crore-plus top line Century generated in FY22—that took it nearly 36 years to achieve—within four years. This also translates into a CAGR of 14-15 per cent, that too, without taking any debt and relying entirely on internal cash flows from making and selling doors, plywood, laminates, veneers, MDF (medium-density fibreboard) and particle boards under multiple sub-brands. Not an impossible feat for

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