Greenpanel Industries Ltd

Greenpanel Industries Ltd

₹ 319 0.87%
23 Apr - 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 3,915 Cr.
  • Current Price 319
  • High / Low 450 / 292
  • Stock P/E 23.0
  • Book Value 104
  • Dividend Yield 0.47 %
  • ROCE 26.7 %
  • ROE 22.7 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company has delivered good profit growth of 449% CAGR over last 5 years

Cons

* 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

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
317 389 308 422 424 470 464 457 420 441 386 399 386
247 292 242 315 315 334 335 344 329 364 320 330 326
Operating Profit 70 97 66 107 109 136 129 114 91 77 66 69 60
OPM % 22% 25% 21% 25% 26% 29% 28% 25% 22% 17% 17% 17% 16%
0 2 1 2 2 3 7 14 -34 7 6 7 2
Interest 13 -4 10 2 1 3 2 2 11 3 4 2 6
Depreciation 16 16 16 18 17 17 17 17 18 17 18 18 18
Profit before tax 41 87 40 89 93 119 116 109 28 64 50 55 38
Tax % 16% 34% 29% 30% 33% 33% 35% 35% 37% -3% 26% 26% 27%
34 58 29 62 63 80 76 71 17 66 37 41 28
EPS in Rs 2.80 4.72 2.33 5.07 5.11 6.52 6.21 5.77 1.43 5.35 3.02 3.32 2.26
Raw PDF
Upcoming result date: 1 May 2024

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
-0 587 860 1,020 1,624 1,783 1,612
0 504 724 815 1,204 1,370 1,340
Operating Profit -0 83 136 205 421 413 272
OPM % 14% 16% 20% 26% 23% 17%
-0 13 -9 2 5 -9 22
Interest -0 24 48 35 16 19 15
Depreciation -0 50 65 64 68 69 72
Profit before tax -0 22 13 108 342 317 207
Tax % -0% -101% -20% 30% 32% 27%
-0 44 16 76 233 230 171
EPS in Rs 1.32 6.21 19.03 18.75 13.95
Dividend Payout % -0% -0% -0% -0% 8% 8%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 28%
TTM: -11%
Compounded Profit Growth
10 Years: %
5 Years: 449%
3 Years: 114%
TTM: -35%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 15%
1 Year: 6%
Return on Equity
10 Years: %
5 Years: 17%
3 Years: 21%
Last Year: 23%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0 -0 12 12 12 12 12
Reserves -0 668 685 761 975 1,189 1,267
-0 579 555 459 292 228 182
-0 238 241 243 285 276 248
Total Liabilities 0 1,485 1,493 1,475 1,564 1,705 1,709
-0 1,118 1,088 1,043 1,009 992 970
CWIP -0 4 6 4 -0 5 63
Investments -0 47 52 52 52 22 22
0 316 346 376 502 686 654
Total Assets 0 1,485 1,493 1,475 1,564 1,705 1,709

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

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

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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

Shareholding Pattern

Numbers in percentages

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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