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NSE:GREENPLY

GREENPLY INDUSTRIES LTD

Consumer Durables › Consumer Durables
₹296.05
at close · 28 Oct 2026
▲ 5.20 (+1.79%)

Latest filings

Next results: Thu, 29 Oct · Financial Results
  1. Greenply Industries schedules 2Q and 1HFY27 earnings call for Oct 30 · Board & Shareholder Meetings
  2. CGST tax demand of about Rs 2.16 crore plus interest on disallowed ITC · Regulatory & Legal
  3. Greenply board to review Q2 and H1 FY27 results on Oct 29 · Results
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures plywood and medium density fibreboard (MDF) panels for construction and interior applications. Plywood and allied products forms 76.8% of FY26 segment revenue and MDF and allied products forms 23.2%, with MDF carrying materially higher margins — Q1 FY27 EBITDA margin of 17.3% versus 8.4% in plywood. The company employs 1,384 permanent staff and 3,030 workers and operates 60 offices (FY26 BRSR). Capacity is being expanded: a new HDF flooring line commenced commercial production on 20 July 2026 with peak revenue potential of ₹75-80 cr, a second MDF line in Vadodara has been sanctioned, and an Odisha greenfield plywood plant is under construction. Raw materials — chiefly imported chemicals — are the largest cost at 39.9% of FY26 revenue; Middle East-driven chemical price hikes led to effective price increases of 7-9% in MDF and 3-5% in plywood in Q1 FY27. A furniture joint venture (Greenply Samet) doubled its revenue in Q1 FY27 but posted a ₹5.7 cr loss.

Revenue mix · reported segments
Plywood and allied products76.8%
Medium density fibreboards and allied products23.2%
Operating scale
Plywood realisation
₹265/sqmQ1 FY27
MDF realisation
₹33,525/CBMQ1 FY27
MDF volume
~58,000 CBMQ1 FY27
Manufacturing plants
3FY26
Odisha greenfield plywood plant initial capacity
1.5 lakh CBM (scaling to 3 lakh CBM)FY28 onward
HDF flooring line peak revenue potential
₹75-80 cr
Who pays it
Construction and interior application buyers; furniture joint venture (Greenply Samet) extends downstream
Biggest cost
Imported chemicals and raw materials, 39.9% of FY26 revenue, exposed to Middle East-related price spikes
Kind of business
Cyclical consumer durables with capacity-driven volume dynamics
Where it sits
Organised plywood category gaining share from unorganised segment post-COVID; MDF industry seen as structurally underpenetrated
Market Cap
₹3,698 Cr
P / E (TTM)
37.4×
EV / EBITDA
15.1×
Div Yield
0.17%
Growth
18.6%▲
Revenue 5y CAGR
PAT +8.1% · EBITDA +17.3%
Quality
16.1%▲
ROCE (5y median)
ROE 11.3% (5y median) · margin 10.0%
Leverage
0.55·
Debt / Equity · moderate
Net debt ₹462 Cr
Revenue FY21→FY26
2.4×▲
Margin −1.9 pts
₹1,165 Cr → ₹2,739 Cr
Cash conversion
1.67×▲
Operating cash ÷ profit · 5 yrs
₹730 Cr on ₹438 Cr
Moves on a normal day
1.44%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 12 Plywood Boards/ Laminates peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#7/10
P/B#8/13
ROCE#2/13
ROE#4/13
Debt / Equity#9/13
EBITDA margin#4/13
Revenue growth#6/13
Profit growth#7/13

Scorecard

Measured from the filed financials, judged against its Plywood Boards/ Laminates peers · as of FY26 — not investment advice

Strengths
Revenue compounding 19% a year over 5 years
Returns on capital 16.1% (5-year median)
#2 of 13 in Plywood Boards/ Laminates on the latest reported figures · down from 19.2% in FY21
Over 5 years it reported ₹438 Cr of profit and ₹730 Cr of operating cash — 1.67×
Profit is converting into cash
Concerns
Erratic profits — up in only 2 of the last 5 years

Charts

How has the market priced it — with filings on the timeline?

GREENPLY · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from GREENPLY INDUSTRIES LTD's filed financials and exchange disclosures

What does GREENPLY INDUSTRIES LTD do?

GREENPLY INDUSTRIES LTD is a Consumer Durables company listed on NSE and BSE, trading under the symbol GREENPLY.

Is GREENPLY INDUSTRIES LTD profitable?

Yes. Over the trailing twelve months GREENPLY INDUSTRIES LTD reported a net profit of ₹99 Cr on revenue of ₹2,863 Cr.

Does GREENPLY INDUSTRIES LTD pay a dividend?

Yes. The dividend yield is 0.17% at the current price. It paid out 7% of its profit as dividend in FY26.

Is GREENPLY INDUSTRIES LTD debt-free?

No. It reported borrowings of ₹489 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹462 Cr after cash. Debt stands at 0.55× equity. That is higher than 67% of its 13 Plywood Boards/ Laminates peers.

Is GREENPLY INDUSTRIES LTD expensive compared with its peers?

On trailing P/E, GREENPLY INDUSTRIES LTD ranks 7 of 10 in Plywood Boards/ Laminates — cheaper than 33% of them, against an industry median of 23.9×. This is a position, not a valuation judgement.

How much does the GREENPLY INDUSTRIES LTD share price move in a day?

On a typical session GREENPLY INDUSTRIES LTD moves 1.44% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are GREENPLY INDUSTRIES LTD's next results?

Financial Results on Thu, 29 Oct. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track GREENPLY INDUSTRIES LTD's announcements?

Every NSE and BSE filing by GREENPLY INDUSTRIES LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.