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 3,909 Cr.
  • Current Price 319
  • High / Low 450 / 292
  • Stock P/E 21.5
  • Book Value 104
  • Dividend Yield 0.47 %
  • ROCE 27.2 %
  • ROE 23.6 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company has delivered good profit growth of 451% 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

Consolidated Figures in Rs. Crores / View Standalone

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
249 292 240 309 313 332 332 341 328 365 320 330 325
Operating Profit 68 97 69 113 111 138 132 117 92 76 66 69 60
OPM % 22% 25% 22% 27% 26% 29% 28% 26% 22% 17% 17% 17% 16%
0 2 1 2 2 4 7 14 -4 9 6 7 1
Interest 14 -4 11 2 1 3 3 2 11 3 4 2 6
Depreciation 17 17 17 19 18 18 18 18 18 17 18 18 18
Profit before tax 37 86 41 94 94 120 118 110 58 64 50 55 37
Tax % 18% 34% 28% 29% 33% 33% 34% 34% 36% -7% 25% 26% 8%
30 56 30 67 63 81 78 72 38 69 37 41 35
EPS in Rs 2.48 4.60 2.43 5.47 5.14 6.57 6.33 5.91 3.06 5.62 3.04 3.34 2.82
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
0 599 877 1,021 1,625 1,783 1,612
0 522 738 814 1,192 1,364 1,341
Operating Profit -0 77 138 207 433 419 271
OPM % 13% 16% 20% 27% 24% 17%
0 13 -9 -0 6 23 23
Interest 0 25 48 37 17 19 15
Depreciation 0 53 69 69 73 72 72
Profit before tax -0 12 12 101 349 351 207
Tax % 0% -179% -23% 32% 31% 27%
-0 35 14 69 240 257 182
EPS in Rs 1.18 5.61 19.61 20.92 14.82
Dividend Payout % 0% 0% 0% 0% 8% 7%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 27%
TTM: -11%
Compounded Profit Growth
10 Years: %
5 Years: 451%
3 Years: 122%
TTM: -31%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 15%
1 Year: 5%
Return on Equity
10 Years: %
5 Years: 17%
3 Years: 22%
Last Year: 24%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0 0 12 12 12 12 12
Reserves -0 633 649 718 939 1,182 1,260
0 587 561 484 316 228 182
0 238 243 241 275 283 255
Total Liabilities 0 1,458 1,466 1,455 1,542 1,705 1,710
0 1,138 1,111 1,074 1,038 992 970
CWIP 0 4 6 4 0 5 63
Investments 0 0 0 0 0 0 0
0 317 349 377 504 708 677
Total Assets 0 1,458 1,466 1,455 1,542 1,705 1,710

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-0 17 100 214 366 337
0 -99 -22 -70 -136 -248
0 102 -86 -141 -185 -134
Net Cash Flow 0 20 -8 2 44 -44

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 28 29 28 9 9
Inventory Days 191 143 118 90 75
Days Payable 116 112 102 75 54
Cash Conversion Cycle 103 60 43 25 29
Working Capital Days 23 34 34 17 19
ROCE % 6% 6% 12% 30% 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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