Greenlam Industries Ltd
Greenlam Industries is engaged in the business of manufacturing laminates, decorative veneers and allied products. [1]
- Market Cap ₹ 7,498 Cr.
- Current Price ₹ 588
- High / Low ₹ 662 / 431
- Stock P/E 62.3
- Book Value ₹ 87.2
- Dividend Yield 0.28 %
- ROCE 12.1 %
- ROE 13.5 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 6.74 times its book value
- 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.
Peer comparison
Sector: Plywood Boards/Laminates Industry: Miscellaneous
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 926 | 1,030 | 1,076 | 1,145 | 1,281 | 1,321 | 1,200 | 1,703 | 2,026 | 2,306 | 2,473 | |
0 | 833 | 900 | 937 | 996 | 1,122 | 1,142 | 1,026 | 1,516 | 1,793 | 2,010 | 2,173 | |
Operating Profit | -0 | 93 | 130 | 139 | 149 | 159 | 179 | 174 | 188 | 233 | 296 | 300 |
OPM % | 10% | 13% | 13% | 13% | 12% | 14% | 14% | 11% | 12% | 13% | 12% | |
0 | 2 | 3 | 2 | 2 | 1 | 4 | -5 | 4 | 18 | 20 | 23 | |
Interest | 0 | 33 | 35 | 29 | 18 | 17 | 22 | 17 | 14 | 23 | 44 | 57 |
Depreciation | 0 | 33 | 35 | 37 | 36 | 37 | 52 | 56 | 58 | 63 | 87 | 103 |
Profit before tax | -0 | 28 | 62 | 76 | 97 | 106 | 108 | 96 | 119 | 164 | 185 | 163 |
Tax % | 0% | 32% | 40% | 34% | 33% | 27% | 20% | 23% | 24% | 22% | 25% | |
-0 | 19 | 38 | 50 | 65 | 77 | 87 | 74 | 91 | 129 | 138 | 120 | |
EPS in Rs | -0.20 | 1.60 | 3.12 | 4.11 | 5.35 | 6.39 | 7.18 | 6.11 | 7.52 | 10.13 | 10.85 | 9.49 |
Dividend Payout % | 0% | 6% | 6% | 7% | 9% | 9% | 11% | 16% | 16% | 15% | 15% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | 24% |
TTM: | 15% |
Compounded Profit Growth | |
---|---|
10 Years: | 159% |
5 Years: | 12% |
3 Years: | 18% |
TTM: | -18% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 25% |
3 Years: | 19% |
1 Year: | 7% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 15% |
3 Years: | 15% |
Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.05 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 13 | 13 | 13 |
Reserves | -0 | 208 | 233 | 286 | 344 | 416 | 489 | 561 | 642 | 945 | 1,064 | 1,100 |
0 | 393 | 365 | 298 | 252 | 270 | 294 | 307 | 398 | 628 | 1,109 | 1,235 | |
0 | 230 | 260 | 194 | 216 | 229 | 309 | 291 | 324 | 449 | 539 | 623 | |
Total Liabilities | 0 | 842 | 871 | 791 | 823 | 927 | 1,104 | 1,172 | 1,376 | 2,035 | 2,726 | 2,971 |
0 | 328 | 353 | 324 | 331 | 330 | 429 | 413 | 468 | 506 | 986 | 999 | |
CWIP | 0 | 9 | 4 | 5 | 1 | 22 | 17 | 18 | 9 | 380 | 611 | 719 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 106 | 161 | 242 | 147 | 107 |
0 | 505 | 514 | 462 | 492 | 575 | 658 | 634 | 739 | 907 | 981 | 1,145 | |
Total Assets | 0 | 842 | 871 | 791 | 823 | 927 | 1,104 | 1,172 | 1,376 | 2,035 | 2,726 | 2,971 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|
0 | 118 | 116 | 185 | 109 | 64 | 96 | 213 | 71 | 169 | 194 | |
0 | -100 | -53 | -22 | -38 | -57 | -54 | -154 | -136 | -535 | -527 | |
0 | -12 | -63 | -160 | -69 | -6 | -22 | -71 | 62 | 366 | 350 | |
Net Cash Flow | 0 | 5 | -0 | 3 | 2 | 1 | 20 | -12 | -3 | 0 | 17 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 72 | 65 | 54 | 54 | 50 | 38 | 41 | 28 | 26 | 24 | |
Inventory Days | 160 | 168 | 147 | 156 | 163 | 202 | 229 | 195 | 174 | 204 | |
Days Payable | 129 | 128 | 83 | 96 | 86 | 91 | 135 | 99 | 93 | 117 | |
Cash Conversion Cycle | 103 | 105 | 117 | 115 | 128 | 149 | 135 | 123 | 106 | 112 | |
Working Capital Days | 94 | 66 | 79 | 77 | 88 | 88 | 88 | 80 | 58 | 61 | |
ROCE % | 20% | 16% | 17% | 19% | 19% | 18% | 15% | 14% | 14% | 12% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
12 Nov - Schedule of Analyst / Institutional Investor Meet. For complete details please refer attached document.
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Announcement under Regulation 30 (LODR)-Credit Rating
8 Nov - ICRA withdraws ratings for repaid NCDs.
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Incorporation Of A Subsidiary Company In Spain
7 Nov - Incorporation of Greenlam Industries S.L. in Spain.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
6 Nov - Transcript of Earnings Call (Group Conference Call) held on October 29, 2024 to discuss operational and financial performance of the company for the Q2 & …
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Incorporation Of A Subsidiary Company In Egypt
4 Nov - Greenlam Industries incorporated a subsidiary in Egypt.
Annual reports
Concalls
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Nov 2024Transcript PPT
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Jul 2024Transcript PPT
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Jul 2022TranscriptNotesPPT
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Dec 2021TranscriptNotesPPT
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Oct 2021Transcript PPT
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Dec 2020TranscriptPPT
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Nov 2020TranscriptNotesPPT
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Jan 2020Transcript PPT
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Nov 2019Transcript PPT
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Jul 2019TranscriptNotesPPT
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Oct 2018Transcript PPT
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Jul 2018TranscriptNotesPPT
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Nov 2017Transcript PPT
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Nov 2016Transcript PPT
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Aug 2016TranscriptNotesPPT
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May 2016TranscriptNotesPPT
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May 2016TranscriptNotesPPT
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May 2016Transcript PPT
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Feb 2016Transcript PPT
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Dec 2015TranscriptNotesPPT
Products & services offered
Laminates: These are used in decorative wardrobes, wall panels, kitchen cabinets etc. Brands in this segment are Greenlam, New Mika, Greenlam Clads and Greenlam Sturdo.
Veneers: These are used as thin layers pasted on top of wooden furniture. Under Brand Name Decowood.
Wooden Flooring: Under Brand Name Mikasa Floors, it provides wooden flooring services to luxury hotel rooms and business complexes etc. It also manufactures smart doors under the brand name Mikasa Doors & Frames.[1]