GREENLAMNSEGreenlam Industries LimitedHighNeutral
Announced Fri, 22 May · 19:24 IST

Greenlam Industries Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

GREENLAM · price

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Price reaction · full curve 14 horizons · vs prior close
-1.0%1-day move
₹236.60
prior close
₹275.60
base price
After-mkt
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-4.7-3.6-4.3-2.6-1.0-2.8-2.8-2.5-3.1-0.7+8.7+12.0+7.0
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AI summary

Greenlam Industries reported strong annual performance for FY26 with standalone revenue of Rs. 2,415.19 Cr (up 9.4% YoY) and profit before tax of Rs. 186.37 Cr (up 22.3% YoY). Consolidated revenue reached Rs. 3,046.08 Cr, up 18.6% YoY. The Board recommended a final dividend of Re. 0.40 per equity share of Re. 1 each, subject to shareholder approval at the AGM on July 29, 2026. Mr. Yogesh Kapur was re-appointed as Independent Director for a second 5-year term commencing from the conclusion of the 13th AGM. The Board also approved voluntary liquidation of PT Greenlam Asia Pacific (Batam), a step-down subsidiary in Indonesia. Auditors issued unmodified opinions on both standalone and consolidated financial results.

Likely market impact

The company delivered robust double-digit profit growth driven by improved operational performance across laminates and plywood segments. The dividend and re-appointment of an experienced independent director signal stability. The subsidiary liquidation is a routine housekeeping matter with no material impact expected on the group.