Greenpanel Industries Ltd
Greenpanel is the largest manufacturer of MDF in India with a capacity of 540,000 cbm at Uttarakhand(180,000 cbm) and Andhra Pradesh (360,000 cbm). It also has capacity of 10.5 msqm of plywood at Uttarakhand.
- Market Cap ₹ 2,117 Cr.
- Current Price ₹ 173
- High / Low ₹ 203 / 23.8
- Stock P/E 68.8
- Book Value ₹ 52.4
- Dividend Yield 0.00 %
- ROCE 5.80 %
- ROE 3.54 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Tax rate seems low
Peer comparison
Sector: Miscellaneous Industry: Miscellaneous
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Jun 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
---|---|---|---|---|---|---|---|---|---|---|
129 | 161 | 175 | 211 | 192 | 236 | 238 | 90 | 225 | 317 | |
106 | 133 | 155 | 183 | 162 | 201 | 192 | 98 | 179 | 249 | |
Operating Profit | 24 | 28 | 20 | 28 | 30 | 35 | 45 | -8 | 46 | 68 |
OPM % | 18% | 17% | 12% | 13% | 16% | 15% | 19% | -9% | 21% | 22% |
Other Income | 0 | 0 | 12 | 1 | 0 | 1 | -10 | 1 | 0 | 0 |
Interest | 1 | -5 | 9 | 9 | 6 | 17 | 17 | 14 | 13 | 14 |
Depreciation | 8 | 16 | 16 | 16 | 18 | 17 | 18 | 17 | 17 | 17 |
Profit before tax | 15 | 17 | 7 | 4 | 6 | 1 | 1 | -38 | 16 | 37 |
Tax % | 24% | 40% | -37% | 24% | 39% | 61% | -857% | 5% | -12% | 18% |
Net Profit | 11 | 10 | 10 | 3 | 4 | 0 | 8 | -36 | 18 | 30 |
EPS in Rs | 0.31 | 0.04 | 0.62 | -2.98 | 1.50 | 2.48 | ||||
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|
0 | 599 | 877 | 870 | |
0 | 522 | 738 | 718 | |
Operating Profit | -0 | 77 | 138 | 152 |
OPM % | 13% | 16% | 17% | |
Other Income | 0 | 13 | -9 | -8 |
Interest | 0 | 25 | 48 | 58 |
Depreciation | 0 | 53 | 69 | 70 |
Profit before tax | -0 | 12 | 12 | 16 |
Tax % | 0% | -179% | -23% | |
Net Profit | -0 | 35 | 14 | 20 |
EPS in Rs | 1.18 | 1.62 | ||
Dividend Payout % | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 7% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 80% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 343% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|
0 | 12 | 12 | 12 | |
Reserves | -0 | 633 | 649 | 631 |
Borrowings | 0 | 587 | 561 | 450 |
0 | 238 | 243 | 311 | |
Total Liabilities | 0 | 1,458 | 1,466 | 1,403 |
0 | 1,138 | 1,111 | 1,085 | |
CWIP | 0 | 4 | 6 | 6 |
Investments | 0 | 0 | 0 | 2 |
0 | 317 | 349 | 311 | |
Total Assets | 0 | 1,458 | 1,466 | 1,403 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|
-0 | 17 | 100 | |
0 | -99 | -22 | |
0 | 102 | -86 | |
Net Cash Flow | 0 | 20 | -8 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|
ROCE % | 6% | 6% | |
Debtor Days | 28 | 29 | |
Inventory Turnover | 4.82 | 3.42 |
Documents
Add documentRecent announcements
- Announcement under Regulation 30 (LODR)-Credit Rating 1d
- Announcement under Regulation 30 (LODR)-Credit Rating 1d
- Announcement under Regulation 30 (LODR)-Credit Rating 22 Feb
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 12 Feb
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 9 Feb
View all