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Greenply Industries Overview

Greenply Industries Ltd is an interior infrastructure employer. The Company is engaged inside the enterprise of producing plywood and allied merchandise, medium density fiberboards (MDF) and allied products through its factories at numerous locations. The Company's segments comprises Plywood & Allied Products and Medium Density Fibre Boards & Allied Products. The Plywood & Allied Products section is engaged in the enterprise of producing and trading of Plywood, block boards, veneer, doorways and different wooden panel merchandise through its wh...Read More

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Greenply Industries Key Financials

Market Cap ₹2989 Cr.

Stock P/E 32.6

P/B 3.4

Current Price ₹239.3

Book Value ₹ 69.6

Face Value 1

52W High ₹351.6

Dividend Yield 0.21%

52W Low ₹ 178.1

Greenply Industries Share Price

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Volume
Price

Greenply Industries Quarterly Price

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Greenply Industries Peer Comparison

Greenply Industries Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 568 582 600 584 640 614 649 601 689 673
Other Income 3 8 4 6 2 3 6 13 2 1
Total Income 571 590 604 590 642 617 655 614 690 674
Total Expenditure 519 532 542 526 583 560 581 539 632 614
Operating Profit 52 59 61 64 60 57 74 75 59 60
Interest 12 15 9 10 14 5 13 19 13 10
Depreciation 14 15 15 15 15 15 15 15 16 17
Exceptional Income / Expenses 0 9 5 0 0 0 0 4 0 -4
Profit Before Tax 26 38 43 38 30 37 46 45 29 30
Provision for Tax 7 10 9 1 8 9 8 8 7 8
Profit After Tax 19 28 33 38 22 28 38 38 22 22
Adjustments -5 -1 -5 -5 -4 -3 -22 -9 -6 -8
Profit After Adjustments 14 27 28 33 18 24 16 28 16 14
Adjusted Earnings Per Share 1.1 2.2 2.3 2.7 1.4 2 1.3 2.3 1.3 1.2

Greenply Industries Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 1564 1646 1668 912 1412 1420 1165 1563 1663 2180 2488 2612
Other Income 2 11 4 1 4 2 8 10 17 15 16 22
Total Income 1566 1657 1672 914 1417 1422 1174 1573 1681 2195 2504 2633
Total Expenditure 1358 1408 1423 846 1269 1265 1050 1413 1509 1994 2250 2366
Operating Profit 208 249 249 68 147 158 123 160 171 201 254 268
Interest 38 31 19 8 19 21 17 12 9 43 43 55
Depreciation 47 50 51 18 22 26 23 26 26 55 60 63
Exceptional Income / Expenses 16 0 0 0 0 -50 0 0 10 14 0 0
Profit Before Tax 141 170 181 35 111 61 81 125 125 115 117 150
Provision for Tax 17 41 56 14 32 13 20 30 19 30 25 31
Profit After Tax 124 128 125 21 80 47 61 95 106 85 92 120
Adjustments -1 0 0 90 0 0 0 0 -15 -15 -0 -45
Profit After Adjustments 124 128 125 111 80 47 61 95 91 70 92 74
Adjusted Earnings Per Share 10.2 10.6 10.2 9 6.5 3.9 5 7.7 7.4 5.7 7.3 6.1

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 14% 17% 12% 5%
Operating Profit CAGR 26% 17% 10% 2%
PAT CAGR 8% -1% 14% -3%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -21% 19% 3% 2%
ROE Average 12% 15% 16% 16%
ROCE Average 13% 13% 14% 14%

Greenply Industries Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 486 614 773 878 335 378 437 538 644 709 809
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 127 121 266 485 80 58 72 143 515 391 372
Other Non-Current Liabilities 64 29 64 304 205 4 8 12 29 17 18
Total Current Liabilities 472 436 472 616 457 512 392 459 490 539 744
Total Liabilities 1149 1200 1575 2282 1077 952 909 1152 1678 1657 1943
Fixed Assets 533 542 526 580 252 314 308 353 459 865 857
Other Non-Current Assets 45 78 451 1054 297 56 58 250 567 100 163
Total Current Assets 570 580 598 648 528 582 542 549 653 692 923
Total Assets 1149 1200 1575 2282 1077 952 909 1152 1678 1657 1943

Greenply Industries Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 5 3 34 73 23 4 -16 -4 38 8 22
Cash Flow from Operating Activities 187 191 212 113 98 58 228 92 62 111 219
Cash Flow from Investing Activities -105 -63 -363 -328 -84 -57 -125 -129 -409 -143 -147
Cash Flow from Financing Activities -82 -100 190 164 -28 -19 -92 80 318 47 -83
Net Cash Inflow / Outflow 1 28 39 -50 -14 -19 11 43 -29 15 -11
Closing Cash & Cash Equivalent 3 31 73 23 4 -16 -4 38 8 22 11

Greenply Industries Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 10.24 10.63 10.23 9.02 6.5 3.85 4.97 7.72 7.44 5.66 7.34
CEPS(Rs) 14.19 14.75 14.36 3.16 8.33 5.95 6.85 9.83 10.74 11.3 12.16
DPS(Rs) 0.6 0.6 0.6 0.6 0.4 0.4 0.4 0.5 0.5 0.5 0.5
Book NAV/Share(Rs) 40.25 50.9 63.01 71.56 27.34 30.82 35.57 42.78 50.23 55.97 64.56
Core EBITDA Margin(%) 12.54 13.92 13.74 7.16 10.12 10.96 9.88 9.61 9.25 8.52 9.55
EBIT Margin(%) 10.89 11.71 11.24 4.55 9.19 5.74 8.41 8.76 8.07 7.26 6.44
Pre Tax Margin(%) 8.57 9.9 10.18 3.72 7.87 4.27 6.98 8 7.53 5.28 4.7
PAT Margin (%) 7.54 7.48 7.04 2.24 5.64 3.33 5.23 6.06 6.37 3.91 3.69
Cash Profit Margin (%) 10.4 10.38 9.88 4.18 7.23 5.14 7.21 7.72 7.94 6.41 6.1
ROA(%) 8.37 10.92 9.04 1.08 4.74 4.66 6.55 9.2 7.49 5.11 5.1
ROE(%) 23.23 23.32 18.09 2.52 13.14 13.25 14.96 19.72 18.57 13.02 12.24
ROCE(%) 16.7 23.59 19.05 3.01 11.94 13.24 15.39 18.78 12.57 12.47 12.65
Receivable days 69.66 62.8 64.61 114.93 76.33 85 86.2 44.41 45.56 40 41.99
Inventory Days 68.08 35.06 30.46 76.69 51.78 44.52 55.8 47.28 55.31 52.42 63.51
Payable days 116.56 94.63 94.34 137.96 89.47 87.3 107.97 82.09 76.17 71 96.87
PER(x) 18.16 16.38 27.62 33.83 23.91 21.11 34.08 28.54 18.67 40.74 38.93
Price/Book(x) 4.62 3.42 4.48 4.27 5.68 2.64 4.76 5.15 2.77 4.12 4.43
Dividend Yield(%) 0.32 0.34 0.21 0.2 0.26 0.49 0.24 0.23 0.36 0.22 0.18
EV/Net Sales(x) 1.64 1.42 2.3 4.85 1.51 0.88 1.84 1.87 1.41 1.54 1.62
EV/Core EBITDA(x) 12.33 9.37 15.41 65.22 14.49 7.96 17.33 18.25 13.64 16.71 15.86
Net Sales Growth(%) -29.44 5.23 1.33 -45.31 54.8 0.59 -17.96 34.11 6.42 31.07 14.11
EBIT Growth(%) -17.31 11.81 -0.22 -78.91 207.41 -37.23 20.3 39.67 -1.94 17.93 1.11
PAT Growth(%) 5.66 3.25 -2.2 -83.44 283.49 -40.69 28.91 55.51 11.91 -19.59 7.61
EPS Growth(%) 4.59 3.76 -3.75 -11.81 -27.98 -40.69 28.91 55.51 -3.67 -23.99 29.75
Debt/Equity(x) 0.68 0.44 0.58 0.81 0.75 0.71 0.44 0.56 1.07 0.76 0.61
Current Ratio(x) 1.21 1.33 1.27 1.05 1.16 1.14 1.38 1.2 1.33 1.28 1.24
Quick Ratio(x) 0.8 1.01 0.93 0.68 0.79 0.79 0.92 0.71 0.76 0.64 0.55
Interest Cover(x) 4.69 6.48 10.58 5.47 6.97 3.92 5.89 11.48 14.79 3.65 3.72
Total Debt/Mcap(x) 0.15 0.13 0.13 0.19 0.13 0.27 0.09 0.11 0.39 0.18 0.14

Greenply Industries Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 51.97 52 52.01 52 51.66 51.69 51.69 51.69 51.8 51.89
FII 3.88 4.13 4.91 5.6 5.54 5.42 4.53 4.49 4.35 4.19
DII 29.98 30.31 30.33 30.34 30.81 30.74 32.1 32.1 31.81 31.52
Public 14.17 13.55 12.75 12.06 11.99 12.15 11.68 11.73 12.05 12.39
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Greenply Industries News

Greenply Industries Pros & Cons

Pros

  • Company has reduced debt.

Cons

  • Debtor days have increased from 71 to 96.87days.
  • Stock is trading at 3.4 times its book value.
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