Greenply Industries Earnings Call Transcript: Key Takeaways
Greenply delivered strong 16.1% revenue growth, navigating plywood capacity constraints and MDF pricing pressure.
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- Guides 20% growth
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Greenply delivered strong 16.1% revenue growth, navigating plywood capacity constraints and MDF pricing pressure.
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.
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.
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.
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.
Greenply Industries appointed Gaurav Drolia as Executive Vice President and Chief Strategy Officer, effective October 31, 2026. He is also designated Senior Management Personnel.
Greenply Industries allotted 500 equity shares under its ESOP 2020 scheme on 29 October 2026. The allotment lifts paid-up capital to Rs.12,49,02,545.
Greenply Industries reported Q2 FY27 consolidated revenue of Rs 799.7 crore, up 16.1% year-on-year. The press release summarises unaudited results for the quarter and half year.
Q2 FY27 consolidated revenue Rs 799.7 Cr (+16.1% YoY), core EBITDA Rs 89.2 Cr (11.2%, +300 bps), PAT Rs 42.7 Cr (+167% YoY). H1 revenue +18.2%.
Greenply Industries Ltd reported revenue from operations of ₹799.7 Cr (+16.1% YoY) and net profit of ₹42.7 Cr (+166.9% YoY) for Q2 FY27.
Greenply discloses a GST input tax credit disallowance order for FY21–24. It carries a Rs.1.08 Crore tax demand plus equal penalty, total Rs.2.16 Crore.
Greenply Industries intimated that its Board meeting is scheduled for 29 October 2026. The agenda includes approving un-audited results for the quarter and half year ended 30 September 2026.
Greenply Industries Ltd has filed its quarterly shareholding pattern for the period ended September 30, 2026, as per SEBI Regulation 31(1)(b) compliance requirements.
Routine compliance filing regarding share dematerialization for the quarter ended September 30, 2026, as per SEBI (Depositories and Participants) Regulations.
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 Limited has approved a corporate guarantee of ₹200 Crore in favour of IDBI Bank for a term loan availed by its subsidiary, GSPPL.
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.
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.
Shareholders at the 36th Annual General Meeting approved the re-appointment of Ms. Vinita Bajoria and the appointment of Mr. Girish Kulkarni as Independent Directors.
Greenply Industries Limited submitted the voting results of its 36th Annual General Meeting held on August 25, 2026. All resolutions were passed.
Greenply Industries provides the weblink to access the Annual Report and Notice of the 36th Annual General Meeting for FY 2025-26.
Greenply Industries Limited has released its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26. The report details the company's environmental, social, and governance performance metrics.
Greenply Industries Limited has submitted its Annual Report for the financial year 2025-26. The report includes the company's corporate overview, statutory reports, and audited financial statements.
Greenply Industries has scheduled its 36th Annual General Meeting for August 25, 2026. The board recommended a final dividend of Rs. 0.50 per equity share.
Greenply Industries submitted an application to stock exchanges seeking to reclassify eight members of the promoter group into the public shareholder category.
Greenply Industries will merge wholly-owned subsidiary Greenply Holdings Pte. Ltd. into step-down subsidiary Greenply Global Trading Pte. Ltd. This internal restructuring aims to optimize its overseas corporate structure.
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 Limited has appointed Mr. Girish Kulkarni as a Non-Executive Independent Director, effective July 24, 2026, for a five-year term.
Greenply Industries reported Q1 FY27 consolidated revenue of ₹724.9 Crore, a 20.7% YoY increase. The company's net profit for the quarter stood at ₹37.6 Crore.
Greenply reported Q1 FY27 consolidated revenue growth of 20.7% YoY to Rs 724.9 Cr. Core EBITDA margins expanded 50 bps YoY to 10.8%.