GREENPLYNSEGreenply Industries Limited· ConstructionHighPositive
Announced Tue, 28 Apr · 16:22 IST

Greenply Industries Limited has informed the Exchange regarding a press release dated April 28, 2026, titled "Greenply achieves its highest ever consolidated revenue of Rs. 776.2 crs in Q4 FY26, a 19.6% YoY increase and Rs. 2,739.0 Crs in FY26, a 10.1% YoY increase".

Ebitda Margin ExpansionExceptional ItemResults View source PDF

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AI summary

Greenply Industries reported its highest ever consolidated revenue of Rs 776.2 crores in Q4 FY26, up 19.6% YoY, and Rs 2,739.0 crores for full year FY26, up 10.1% YoY. Profitability hit new milestones with Q4 core EBITDA of Rs 93.2 crores (37.0% YoY growth) and FY26 EBITDA of Rs 270.5 crores (13.8% YoY growth). Q4 EBITDA margin expanded significantly to 12.0% from 8.7% in the previous quarter, a 330 basis points improvement. Plywood business volume grew 15.6% YoY while MDF business volume surged 45.3% YoY in Q4. Net profit was Rs 31.0 crore in Q4 and Rs 89.8 crore for FY26, both impacted by exceptional one-time items of Rs 15.2 crores and Rs 14.6 crores respectively. The JV Greenply Samet continues to incur losses.

Likely market impact

Strong operational performance with margin expansion signals improved efficiency. However, the exceptional items inflate reported profits; adjusted earnings would be lower. The robust MDF volume growth (45.3%) driven by expanded capacity is particularly positive for future earnings.