Greenpanel Industries Ltd

Greenpanel Industries Ltd

₹ 239 -0.83%
05 Dec - 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[1]
27% market share in the organized MDF segment.
It is the only company in the Medium Density Fibreboard (MDF) category to be included among Ecolabelled products.[2]

  • Market Cap 2,935 Cr.
  • Current Price 239
  • High / Low 419 / 203
  • Stock P/E
  • Book Value 113
  • Dividend Yield 0.13 %
  • ROCE 4.48 %
  • ROE 5.34 %
  • Face Value 1.00

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 10.8% over past five years.
  • Company has a low return on equity of 12.3% over last 3 years.
  • Company might be capitalizing the interest cost
  • Dividend payout has been low at 8.90% of profits over last 3 years

* 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

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
457.29 420.16 441.41 386.13 398.68 385.68 396.54 364.95 336.87 359.44 374.51 328.19 395.97
343.61 328.95 364.41 320.37 329.66 325.70 344.99 328.91 307.00 342.09 326.56 344.02 371.20
Operating Profit 113.68 91.21 77.00 65.76 69.02 59.98 51.55 36.04 29.87 17.35 47.95 -15.83 24.77
OPM % 24.86% 21.71% 17.44% 17.03% 17.31% 15.55% 13.00% 9.88% 8.87% 4.83% 12.80% -4.82% 6.26%
13.61 -34.22 7.35 6.16 6.61 2.31 7.14 5.91 6.21 6.56 3.90 3.42 3.07
Interest 1.63 11.35 3.23 3.96 1.91 6.22 0.17 1.63 3.38 -0.70 2.36 9.51 10.91
Depreciation 16.95 18.01 17.17 18.22 18.50 17.93 18.25 18.94 19.30 19.40 19.78 25.47 25.81
Profit before tax 108.71 27.63 63.95 49.74 55.22 38.14 40.27 21.38 13.40 5.21 29.71 -47.39 -8.88
Tax % 34.93% 36.70% -2.56% 25.59% 26.20% 27.48% 25.97% 26.47% -38.13% -63.34% 1.08% -26.95% -30.97%
70.74 17.49 65.58 37.02 40.76 27.66 29.81 15.71 18.50 8.50 29.39 -34.62 -6.12
EPS in Rs 5.77 1.43 5.35 3.02 3.32 2.26 2.43 1.28 1.51 0.69 2.40 -2.82 -0.50
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 Mar 2025 TTM
0 587 860 1,020 1,624 1,783 1,567 1,436 1,458
0 504 724 815 1,204 1,370 1,321 1,305 1,384
Operating Profit -0 83 136 205 421 413 246 131 74
OPM % 14% 16% 20% 26% 23% 16% 9% 5%
0 13 -9 2 5 -9 22 23 17
Interest 0 24 48 35 16 19 12 7 22
Depreciation 0 50 65 64 68 69 73 77 90
Profit before tax -0 22 13 108 342 317 183 70 -21
Tax % 0% -101% -20% 30% 32% 27% 26% -3%
-0 44 16 76 233 230 135 72 -3
EPS in Rs 1.32 6.21 19.03 18.75 11.03 5.88 -0.23
Dividend Payout % 0% 0% 0% 0% 8% 8% 14% 5%
Compounded Sales Growth
10 Years: %
5 Years: 11%
3 Years: -4%
TTM: -2%
Compounded Profit Growth
10 Years: %
5 Years: 23%
3 Years: -33%
TTM: -103%
Stock Price CAGR
10 Years: %
5 Years: 17%
3 Years: -12%
1 Year: -32%
Return on Equity
10 Years: %
5 Years: 14%
3 Years: 12%
Last Year: 5%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 0.10 12 12 12 12 12 12 12
Reserves -0 668 685 761 975 1,189 1,305 1,373
0 579 555 459 292 228 296 413
0 226 241 243 285 276 278 338
Total Liabilities 0 1,485 1,493 1,475 1,564 1,705 1,891 2,136
0 1,118 1,088 1,043 1,009 992 982 1,559
CWIP 0 4 6 4 0 5 313 11
Investments 0 47 52 52 52 22 98 121
0 316 346 376 502 686 498 445
Total Assets 0 1,485 1,493 1,475 1,564 1,705 1,891 2,136

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-0 27 101 211 360 339 135 78
0 -114 -28 -77 -137 -254 -156 -166
0 105 -82 -131 -180 -131 50 82
Net Cash Flow 0 18 -9 3 43 -45 29 -6

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 33 30 28 9 9 7 11
Inventory Days 191 147 118 90 75 107 98
Days Payable 119 117 104 81 54 58 51
Cash Conversion Cycle 105 60 42 19 29 55 58
Working Capital Days -2 4 -1 -12 5 20 9
ROCE % 7% 6% 12% 29% 27% 13% 4%

Shareholding Pattern

Numbers in percentages

4 Recently
Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
53.09% 53.09% 53.09% 53.12% 53.12% 53.12% 53.12% 53.12% 53.12% 53.13% 53.13% 53.13%
4.56% 4.43% 4.30% 4.41% 3.22% 2.99% 2.12% 2.70% 3.00% 2.92% 1.64% 1.36%
21.30% 21.18% 21.60% 22.83% 24.53% 25.81% 26.76% 27.70% 28.47% 28.62% 28.76% 29.62%
0.00% 0.00% 0.00% 0.05% 0.05% 0.06% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
21.03% 21.30% 21.00% 19.57% 19.06% 18.00% 17.98% 16.46% 15.40% 15.31% 16.46% 15.88%
No. of Shareholders 1,12,6661,17,3411,21,2961,22,3161,22,7761,23,7181,21,2201,08,64298,17196,58797,16293,762

* 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.

Documents

Concalls