Greenpanel Industries Ltd

Greenpanel Industries Ltd

₹ 321 0.64%
14 Jun - close price
About

Greenpanel Industries Limited is engaged in the manufacturing of plywood, medium density fibre boards (MDF) and allied products.[1]

Key Points

Market Position
It enjoys a leadership position with a 27% market share in the organized MDF segment. [1]

  • Market Cap 3,937 Cr.
  • Current Price 321
  • High / Low 450 / 268
  • Stock P/E 29.2
  • Book Value 107
  • Dividend Yield 0.47 %
  • ROCE 12.8 %
  • ROE 10.7 %
  • Face Value 1.00

Pros

  • Company has delivered good profit growth of 25.0% CAGR over last 5 years

Cons

  • Company might be capitalizing the interest cost

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
389 308 422 424 470 464 457 420 441 386 399 386 397
292 242 315 315 334 335 344 329 364 320 330 326 345
Operating Profit 97 66 107 109 136 129 114 91 77 66 69 60 52
OPM % 25% 21% 25% 26% 29% 28% 25% 22% 17% 17% 17% 16% 13%
2 1 2 2 3 7 14 -34 7 6 7 2 7
Interest -4 10 2 1 3 2 2 11 3 4 2 6 0
Depreciation 16 16 18 17 17 17 17 18 17 18 18 18 18
Profit before tax 87 40 89 93 119 116 109 28 64 50 55 38 40
Tax % 34% 29% 30% 33% 33% 35% 35% 37% -3% 26% 26% 27% 26%
58 29 62 63 80 76 71 17 66 37 41 28 30
EPS in Rs 4.72 2.33 5.07 5.11 6.52 6.21 5.77 1.43 5.35 3.02 3.32 2.26 2.43
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0 587 860 1,020 1,624 1,783 1,567
0 504 724 815 1,204 1,370 1,320
Operating Profit -0 83 136 205 421 413 247
OPM % 14% 16% 20% 26% 23% 16%
0 13 -9 2 5 -9 21
Interest 0 24 48 35 16 19 12
Depreciation 0 50 65 64 68 69 73
Profit before tax -0 22 13 108 342 317 183
Tax % 0% -101% -20% 30% 32% 27% 26%
-0 44 16 76 233 230 135
EPS in Rs 1.32 6.21 19.03 18.75 11.03
Dividend Payout % 0% 0% 0% 0% 8% 8% 14%
Compounded Sales Growth
10 Years: %
5 Years: 22%
3 Years: 15%
TTM: -12%
Compounded Profit Growth
10 Years: %
5 Years: 25%
3 Years: 21%
TTM: -46%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 13%
1 Year: -6%
Return on Equity
10 Years: %
5 Years: 15%
3 Years: 19%
Last Year: 11%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 0 0 12 12 12 12 12
Reserves -0 668 685 761 975 1,189 1,305
0 579 555 459 292 228 296
0 238 241 243 285 276 278
Total Liabilities 0 1,485 1,493 1,475 1,564 1,705 1,891
0 1,118 1,088 1,043 1,009 992 982
CWIP 0 4 6 4 0 5 313
Investments 0 47 52 52 52 22 98
0 316 346 376 502 686 498
Total Assets 0 1,485 1,493 1,475 1,564 1,705 1,891

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0 27 101 211 360 339 135
0 -114 -28 -77 -137 -254 -156
0 105 -82 -131 -180 -131 50
Net Cash Flow 0 18 -9 3 43 -45 29

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 33 30 28 9 9 7
Inventory Days 191 147 118 90 75 107
Days Payable 119 117 104 81 54 58
Cash Conversion Cycle 105 60 42 19 29 55
Working Capital Days 27 34 33 15 19 29
ROCE % 7% 6% 12% 29% 27% 13%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
53.10% 53.10% 53.10% 53.10% 53.10% 53.09% 53.09% 53.09% 53.09% 53.12% 53.12% 53.12%
5.45% 2.94% 3.73% 5.84% 6.27% 6.39% 4.56% 4.43% 4.30% 4.41% 3.22% 2.99%
18.67% 22.73% 22.86% 21.24% 21.45% 21.19% 21.30% 21.18% 21.60% 22.83% 24.53% 25.81%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.05% 0.05% 0.06%
22.78% 21.24% 20.31% 19.82% 19.18% 19.33% 21.03% 21.30% 21.00% 19.57% 19.06% 18.00%
No. of Shareholders 32,04232,54752,62463,46780,12898,2111,12,6661,17,3411,21,2961,22,3161,22,7761,23,718

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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