ALFA Finder| Revenue growth | 19.6% YoY in Q4; 10.1% for full year FY26. |
|---|---|
| Margins | MDF margins at 17%; consolidated core EBITDA margin improved to 12%. |
| Demand visibility | Strong start in Q1FY27; confident in MDF volume growth targets. |
| Management confidence | High; carrying momentum into FY27 with strong Q1 start. |
Growth
Q4 revenue grew 19.6% YoY; FY26 revenue grew 10.1% to ₹2,739cr. Plywood volume up 15.6% in Q4.
Outlook
Guided 10% plywood volume growth and 25-30% MDF growth. ₹425cr MDF capex underway; new plywood technology implementation.
Risks
Geopolitical issues impacting chemical imports; income tax search conducted in Feb-Mar 2026; high debt during peak capex.
Earnings Call filed with BSE, NSE: GREENPLY. Summary written with AI assistance from the document.
Greenply Industries Ltd: key numbers
- Share price
- ₹277.05
- Market cap
- ₹3,460 Cr
- Revenue (annual)
- ₹2,739 Cr
- Net profit (annual)
- ₹89.53 Cr
- P/E (TTM)
- 27.6×Sector 38.7×
- Promoter holding
- 51.93%+0.00% QoQ
- FII holding
- 4.66%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Greenply Industries Ltd
All →Greenply Industries Earnings Call Transcript: Key Takeaways
Greenply delivered strong 16.1% revenue growth, navigating plywood capacity constraints and MDF pricing pressure.
- Call
- Guides 20% growth
Greenply Industries Capital Structure Change
Greenply Industries will invest up to Rs.30 Crore cash in wholly owned subsidiary Greenply Sandila. Funds will expand plywood capacity, paid in tranches through Q4 FY2028.
- Value
- ₹30.00 Cr
- Execution
- By Q4 of FY 2028, in one or more tranches
Greenply Industries Board Meeting Outcome
Greenply appoints MSKA & Associates LLP as statutory auditor for five years from the 2027 AGM, subject to shareholder approval. Incumbent BSR & Co. continues until then.
- Execution
- 5 years, from the conclusion of the 37th AGM (2027) to the conclusion of the 42nd AGM (2032)
Greenply Industries Capacity Expansion: ₹30 Cr Investment
Greenply's board approved further investment of up to INR 30 crore in its wholly owned subsidiary Greenply Sandila Private Limited for plywood capacity expansion. The funds will be paid in one or more tranches by Q4 FY2028.
- Value
- ₹30.00 Cr
- Execution
- Q4 of FY 2028, in one or more tranches
Greenply Industries Capacity Expansion
Greenply's board noted a 15 million sq mtr plywood capacity expansion at subsidiary Greenply Sandila, due by Q4 FY2028. Approximately Rs. 125 crore investment is planned.
- Execution
- By Q4 of FY 2028
- plywood manufacturing capacity
- 15.0 million sq mtr
Greenply Industries Management Change
Greenply Industries appointed Gaurav Drolia as Executive Vice President and Chief Strategy Officer, effective October 31, 2026. He is also designated Senior Management Personnel.