Greenply Industries Ltd
Established in 1990, [1] Greenply Industries Limited is amongst the leading plywood manufacturers in India with a 26% share of the organized market. Greenply offers a wide range of panel products including plywood, block boards, decorative veneers, doors, and film-faced plywood, among others. [2]
- Market Cap ₹ 4,284 Cr.
- Current Price ₹ 343
- High / Low ₹ 412 / 205
- Stock P/E 42.4
- Book Value ₹ 61.0
- Dividend Yield 0.15 %
- ROCE 10.7 %
- ROE 8.44 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is expected to give good quarter
Cons
- Stock is trading at 5.63 times its book value
- Company has a low return on equity of 13.4% over last 3 years.
- Dividend payout has been low at 7.34% 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.
Peer comparison
Sector: Plywood Boards/Laminates Industry: Miscellaneous
Part of Nifty Microcap 250 BSE Consumer Discretionary Nifty Total Market BSE Allcap BSE SmallCap
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2,047 | 2,217 | 1,567 | 1,646 | 1,668 | 912 | 1,412 | 1,420 | 1,165 | 1,563 | 1,663 | 2,180 | 2,406 | |
1,776 | 1,945 | 1,355 | 1,403 | 1,421 | 848 | 1,266 | 1,265 | 1,050 | 1,413 | 1,530 | 1,994 | 2,192 | |
Operating Profit | 272 | 272 | 211 | 243 | 247 | 64 | 146 | 156 | 115 | 150 | 133 | 185 | 214 |
OPM % | 13% | 12% | 13% | 15% | 15% | 7% | 10% | 11% | 10% | 10% | 8% | 9% | 9% |
5 | 4 | 15 | 7 | 4 | 86 | 6 | -48 | 6 | 12 | 12 | 12 | 28 | |
Interest | 66 | 64 | 38 | 31 | 19 | 8 | 19 | 21 | 17 | 12 | 9 | 43 | 49 |
Depreciation | 54 | 60 | 47 | 50 | 51 | 18 | 22 | 26 | 23 | 26 | 26 | 55 | 60 |
Profit before tax | 157 | 153 | 141 | 170 | 181 | 124 | 111 | 61 | 81 | 125 | 111 | 100 | 134 |
Tax % | 24% | 23% | 12% | 24% | 31% | 11% | 28% | 22% | 25% | 24% | 17% | 30% | |
120 | 118 | 124 | 128 | 125 | 111 | 80 | 47 | 61 | 95 | 91 | 70 | 106 | |
EPS in Rs | 9.93 | 9.76 | 10.31 | 10.63 | 10.23 | 9.02 | 6.50 | 3.85 | 4.97 | 7.73 | 7.44 | 5.66 | 8.55 |
Dividend Payout % | 6% | 6% | 6% | 6% | 6% | 7% | 6% | 10% | 8% | 6% | 7% | 9% |
Compounded Sales Growth | |
---|---|
10 Years: | 0% |
5 Years: | 9% |
3 Years: | 23% |
TTM: | 30% |
Compounded Profit Growth | |
---|---|
10 Years: | -7% |
5 Years: | -7% |
3 Years: | -2% |
TTM: | 48% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | 16% |
3 Years: | 17% |
1 Year: | 67% |
Return on Equity | |
---|---|
10 Years: | 17% |
5 Years: | 15% |
3 Years: | 13% |
Last Year: | 8% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | 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 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
Reserves | 462 | 572 | 474 | 602 | 760 | 865 | 323 | 366 | 424 | 526 | 632 | 697 | 742 |
686 | 748 | 332 | 270 | 446 | 712 | 250 | 279 | 203 | 309 | 695 | 549 | 453 | |
412 | 488 | 331 | 316 | 356 | 521 | 302 | 305 | 275 | 311 | 341 | 405 | 486 | |
Total Liabilities | 1,572 | 1,820 | 1,149 | 1,200 | 1,575 | 2,111 | 887 | 962 | 915 | 1,159 | 1,680 | 1,663 | 1,693 |
665 | 699 | 533 | 542 | 526 | 580 | 252 | 314 | 308 | 353 | 459 | 865 | 848 | |
CWIP | 23 | 117 | 14 | 9 | 269 | 770 | 17 | 5 | 6 | 110 | 513 | 12 | 30 |
Investments | 0 | 0 | 35 | 29 | 26 | 18 | 22 | 24 | 23 | 26 | 6 | 43 | 45 |
883 | 1,004 | 567 | 620 | 754 | 742 | 596 | 619 | 578 | 671 | 702 | 742 | 771 | |
Total Assets | 1,572 | 1,820 | 1,149 | 1,200 | 1,575 | 2,111 | 887 | 962 | 915 | 1,159 | 1,680 | 1,663 | 1,693 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
184 | 189 | 187 | 191 | 212 | 113 | 98 | 58 | 228 | 92 | 62 | 111 | |
-86 | -172 | -105 | -63 | -363 | -328 | -89 | -58 | -124 | -130 | -410 | -144 | |
-94 | -23 | -82 | -100 | 190 | 164 | -28 | -19 | -92 | 80 | 318 | 47 | |
Net Cash Flow | 4 | -6 | 1 | 28 | 39 | -50 | -19 | -20 | 12 | 42 | -30 | 14 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 62 | 61 | 60 | 74 | 65 | 114 | 79 | 92 | 61 | 44 | 50 | 42 |
Inventory Days | 110 | 121 | 76 | 55 | 65 | 150 | 72 | 77 | 96 | 88 | 98 | 96 |
Days Payable | 92 | 100 | 92 | 99 | 86 | 142 | 99 | 101 | 109 | 84 | 86 | 92 |
Cash Conversion Cycle | 80 | 82 | 45 | 30 | 45 | 122 | 52 | 68 | 47 | 47 | 63 | 46 |
Working Capital Days | 64 | 63 | 48 | 47 | 38 | 79 | 50 | 62 | 45 | 40 | 63 | 46 |
ROCE % | 20% | 18% | 15% | 24% | 19% | 10% | 12% | 21% | 15% | 18% | 11% | 11% |
Documents
Announcements
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Intimation Of Shutdown Of Manufacturing Operations Of The Company'S Wholly Owned Subsidiary (WOS), M/S. Greenply Speciality Panels Private Limited.
2d - Shutdown of manufacturing operations at Greenply's subsidiary.
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 6 Dec
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Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
21 Nov - Promoters of Greenply Industries acquired additional shares.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 13 Nov
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
4 Nov - Conference Call Transcript in respect of conference call for Investors and Analysts held on 29.10.2024 on the financial results of Greenply Industries Limited for the …
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Concalls
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Nov 2024Transcript PPT
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Nov 2023Transcript PPT REC
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Dec 2019Transcript PPT
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Nov 2019TranscriptNotesPPT
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Dec 2018Transcript PPT
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Nov 2018TranscriptNotesPPT
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Dec 2017Transcript PPT
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Nov 2016Transcript PPT
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Aug 2016TranscriptPPT
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Jun 2016TranscriptPPT
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Jan 2016TranscriptPPT
Product Portfolio
The Co.’s product portfolio comprises plywoods and blockboards, decorative veneers, flush doors, specialty plywood, and Polyvinyl Chloride (PVC) products. [1]