ALFA Finder| Revenue growth | 18.6% YoY for FY26; 26% YoY for Q4. |
|---|---|
| Margins | Gross margin 53.6% in FY26; laminate margins steady at 16-17%. |
| Demand visibility | Mixed; some secondary sales weakness noted due to pricing uncertainty. |
| Management confidence | High on market share gains despite geopolitical disruptions. |
Growth
FY26 Revenue grew 18.6% to ₹3,046cr; EBITDA grew 21% to ₹334cr. Q4 revenue grew 26% YoY to ₹858cr.
Outlook
Guided 18-20% top-line growth for FY27; adding 2 laminate lines by end of FY; aiming for segment breakeven.
Risks
Rising raw material costs (chemicals) due to West Asia conflict; depressed PAT due to new business losses and interest.
Last quarter's promises, checked
Delivered
- Guided 18-odd% top-line growth → delivered 18.6% FY26 growth (= BEAT)
- Guided Q4 as better quarter vs Q3 → delivered Q4 revenue 858cr vs Q3 706cr (= BEAT)
- Guided 50-75cr remaining capex → delivered FY26 capex within targets (= BEAT)
Partly delivered
- Guided 18-20% FY26 growth → delivered 18.6% (= PARTIAL)
- Guided 55-60% capacity utilization for FY27 → current utilization at 35-41% (= PARTIAL)
Missed
- Guided plywood breakeven by Q4 FY26 → delivered segment losses/depressed PAT (= MISS)
Earnings Call filed with BSE, NSE: GREENLAM. Summary written with AI assistance from the document.
Greenlam Industries Ltd: key numbers
- Share price
- ₹205.00
- Market cap
- ₹5,231 Cr
- Revenue (annual)
- ₹3,046 Cr
- Net profit (annual)
- ₹56.26 Cr
- P/E (TTM)
- 61.5×Sector 35.3×
- Promoter holding
- 50.98%+0.00% QoQ
- FII holding
- 1.36%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Greenlam Industries Ltd
All →Greenlam Industries Earnings Call Transcript: Key Takeaways
Q2 FY27 missed: consolidated revenue +8% YoY to ₹875 Cr, EBITDA down 19% to ₹87 Cr at 9.9% margin. Management admits Q2 was unsatisfactory and trimmed FY27 revenue guidance to 16-18% from 18-20%.
Greenlam Industries Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹875.2 Cr (+8.3% YoY), PAT ₹24.5 Cr (-22.9%), pre-forex EBITDA margin 9.9% (-330 bps). Laminates flat; chipboard scaling. No quantified guidance given.
Greenlam Industries Results Update
Greenlam Industries reported Q2 FY27 consolidated net sales of ₹875.2 crore (up 8.3% YoY) and net profit of ₹24.5 crore (down 22.9%). Investors should note the press release accompanies the financial results.
Greenlam Industries Q2 FY27 Results: Net Profit ₹24.5 Cr, Down 23.0% YoY
Greenlam Industries Ltd reported revenue from operations of ₹875.2 Cr (+8.3% YoY) and net profit of ₹24.5 Cr (-23.0% YoY) for Q2 FY27.
- Key figure
- Net profit ₹24.5 Cr · -23.0% YoY
Greenlam Industries Legal & Regulatory
Greenlam received a GST show cause notice for Rs 7.71 Crore over excess input tax credit. The company has replied and expects no material impact.
- Value
- ₹7.71 Cr
Greenlam Industries Board Meeting Date
Greenlam Industries scheduled a Board Meeting for 05 Nov 2026 to approve Q1 FY27 results. Trading window closed from 01 Oct 2026.