Founded in April 2006 and registered in Karnataka, Sharp Ply (India) Pvt. Ltd. is a private plywood and timber company with a paid-up capital of ₹3.6 million and operations spanning India, Nepal, Bangladesh, and Sri Lanka. For over two decades, it has positioned itself as a “one-stop formwork source,” offering a wide range of wood-based products—from shuttering plywood and formwork beams to doors, frames, and modular plywood systems.
Product Portfolio
Construction & Formwork Solutions
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Shuttering Plywood, Film‑Face Birch Plywood, Calibrated Sheathing Sheets, Plastic and WPC Sheathing, Laminated Veneer Lumber, Pine Battens—geared for high-quality casting finishes.
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Formwork Beams (H20) and modular systems introduced via partnerships with Germany’s Mywood and Ukraine’s Variant Factory.
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Specialized systems launched at Excon include Varimax Column and Adjustable Circular Ring Formwork—now serving 32 countries.
Doors & Interior Fixtures
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Engineered Composite Profile (ECP) Doors and Window Frames, including veneer and MDF variants.
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Interior-grade plywood resilient to boiling water and ideal for furniture, panels, and cabinetry.
Commercial & Industrial Solutions
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Commercial plywood treated to resist rot, insects, and fungi—usable for portable housing, paneling, and furniture.
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Automobile industry plywood, including compressed truck/container flooring and fire-retardant plywood.
Market Reach & Expansion
Sharp Ply maintains stock in major cities including Bangalore, Delhi, Hyderabad, Chennai, and Surat, and expanded its formwork beam offerings (H16 & H20) post-2022 to meet rising demand. At Excon, the company exhibited its formwork systems aiming to grow its footprint in affordable housing and monolithic concrete projects.
Strategic Alliances & Innovation
Through collaborations with Mywood (Germany) and Variant Factory (Ukraine), Sharp Ply is emphasizing modular and aluminium formwork systems, targeting scalable, affordable solutions—even for small contractors. CEO Paras Kumar Chowatia confirmed upcoming aluminium formwork offerings designed for India’s housing sector.
Milestones & Culture
In March 2022, Sharp Ply celebrated its 21st anniversary in Sakleshpur, Karnataka, drawing staff and guests from across the country. MD Paras Chowatia highlighted their emphasis on “coordination and harmony between our teams” as vital to their success.
Financials & Structural Overview
According to corporate filings, Sharp Ply has seen steady growth, with FY 2023 revenue rising about 8.4% and profit increasing 21.2%, alongside an 11.6% gain in net worth. The board, including Aditya Chowatia, Paras Chowatia, and Ruchil Choudhari, oversees active operations and national distribution.