| 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
- ₹310.75
- Market cap
- ₹3,881 Cr
- Revenue (annual)
- ₹2,739 Cr
- Net profit (annual)
- ₹89.53 Cr
- P/E (TTM)
- 39.4×Sector 44.2×
- 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 Management Change
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 Annual General Meeting
Greenply Industries Limited submitted the voting results of its 36th Annual General Meeting held on August 25, 2026. All resolutions were passed.