| Revenue growth | 20.7% YoY |
|---|---|
| Margins | EBITDA margins stable; MDF margin 17.3% |
| Demand visibility | Positive momentum in MDF and Plywood volume |
| Management confidence | High |
Growth
Plywood revenue grew 16% YoY; MDF revenue surged 32.8% YoY driven by 24.7% volume growth.
Outlook
Capex ongoing for Odisha plywood expansion (13.5 Mn SQM) and Vadodara MDF Line 2 (2,10,000 CBM).
Risks
Share of loss from Greenply Samet JV (furniture hardware) remains a drag at Rs 5.7 Cr.
Last quarter's promises, checked
Delivered
- H2 FY26 Guidance → Delivered double-digit volume & value growth (= BEAT)
- Plywood Volume Target → 15.6% Q4 growth (= BEAT)
- D/E Ratio Target 0.5-0.6 → 0.52 (= BEAT)
Partly delivered
- MDF Margin Sustainability 17% → 17.3% (= BEAT/PARTIAL on stability)
Missed
- MDF Volume Growth Target 25-30% → 24.7% (= MISS)
Investor Presentation filed with BSE, NSE: GREENPLY. Summary written with AI assistance from the document.
Greenply Industries Ltd: key numbers
- Share price
- ₹287.25
- Market cap
- ₹3,588 Cr
- Revenue (annual)
- ₹2,739 Cr
- Net profit (annual)
- ₹89.53 Cr
- P/E (TTM)
- 36.4×Sector 44.4×
- Promoter holding
- 51.93%+0.04% QoQ
- FII holding
- 4.44%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 Merger & Restructuring
Greenply Industries will dilute its stake in JV Greenply Samet Private Limited from 50% to ~18.98% via a capital infusion by partner Samet B.V.
Greenply Industries Debt & Borrowing: ₹200 Cr
Greenply Industries Limited has approved a corporate guarantee of ₹200 Crore in favour of IDBI Bank for a term loan availed by its subsidiary, GSPPL.
- Value
- ₹200.0 Cr
Greenply Industries Merger & Restructuring Worth ₹380 Cr
Greenply is restructuring its JV 'Greenply Samet', with partner Samet investing USD 30-40 million. This dilution allows Greenply to focus on its core businesses.
- Value
- ₹380.0 Cr
- Execution
- 2-3 years
Greenply Industries Board Meeting Outcome
Greenply approved a ₹200 Crore corporate guarantee for its subsidiary and a joint venture capital restructuring that will see the JV cease to be an associate.
- Value
- ₹200.0 Cr
Greenply Industries Earnings Call Transcript: Key Takeaways
Greenply delivered strong 20.7% revenue growth in Q1 FY27, led by a 24.7% volume jump in MDF. However, consolidated margins remain under pressure due to chemical cost inflation and losses in the furniture JV.
Greenply Industries Q1 FY27 Results: Net Profit ₹37.6 Cr, Up 31.9% YoY
Greenply Industries Ltd reported revenue from operations of ₹724.9 Cr (+20.7% YoY) and net profit of ₹37.6 Cr (+31.9% YoY) for Q1 FY27.
- Key figure
- Net profit ₹37.6 Cr · +31.9% YoY