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Greenpanel Industries Limited

Greenpanel Industries Limited

GREENPANEL.BO
Greenpanel Industries LimitedIN flagBombay Stock Exchange
187.50
INR
-1.70
- -
22.99BMarket Cap
Greenpanel Industries Limited
GREENPANEL.BO
(Bombay Stock Exchange)

Recent

price

187.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
- -
47.51
69.08
81.63
132.52
145.04
127.53
117.08
125.78
124.79
Revenue per Share
- -
2.82
1.18
5.61
19.61
20.92
11.03
5.88
-2.38
-2.36
Basic EPS, GAAP
- -
-7.21
6.04
15.74
26.99
20.94
-17.36
-9.33
5.77
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
1.5
1.5
1.5
0.3
- -
- -
Dividend per Share
- -
3.82
4.99
10.68
28.69
48.32
56.54
62.08
1
0.99
Book Value per Share
- -
51.58
53.92
59.55
77.59
97.33
107.39
112.86
110.72
109.85
Tangible Book Value per Share
- -
123
123
123
123
123
123
123
122
123
Basic Weighted Avg Shares
- -
5,826
8,471
10,010
16,250
17,786
15,639
14,358
15,394
15,394
Sales/Revenue/Turnover
- -
4.19
8.73
13.9
21.97
19.52
11.12
3.75
0.96
-1.3
Operating Margin (%)
- -
530
692
686
734
720
729
774
1,013
1,013
Depreciation Expense
- -
346
145
688
2,405
2,565
1,352
721
-291
-291
Net Income, GAAP
- -
- -
- -
31.85
31.09
26.91
26.25
- -
- -
10.58
Effective Tax Rate (%)
- -
5.93
1.71
6.87
14.8
14.42
8.65
5.02
-1.89
-1.89
Profit Margin (%)
- -
128
194
692
1,746
4,000
3,250
2,605
2,797
2,797
Working Capital
- -
4,597
4,487
3,865
1,911
1,574
2,592
3,346
2,879
2,879
LT Debt
- -
6,455
6,616
7,304
9,516
11,939
13,171
13,852
13,559
13,559
Total Equity
- -
- -
- -
7.75
19.85
18.88
8.45
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
13.94
39.35
35.32
15.54
- -
- -
- -
Return on Capital (%)
- -
147.65
26.77
71.58
99.61
54.33
21.04
9.91
-7.53
-7.53
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
857
- -
822
LT Borrowings
3,196
- -
2,800
LT Finance Leases
100
- -
79
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
123
- -
123
Market Capitalization
33,070
28,145
21,088

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
5,420
- -
5,771
Cash, Cash Equivalents & STI
2,599
- -
2,748
Accounts Receivable, Net
899
- -
883
Inventories
1,595
- -
1,893
Total Current Liabilities
3,135
- -
2,975
Payables & Accruals
- -
- -
- -
ST Debt
857
- -
822
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
13.83%
-2.11%
Free Cash Flow
- -
-68.35%
-161.66%
Net Income, GAAP
- -
4.36%
-140.39%
Sales/Revenue/Turnover
- -
11.75%
7.22%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,861
3,987
3,857
3,933
15,639
2025
3,650
3,369
3,594
3,745
14,358
2026
3,282
3,960
4,163
3,989
15,394

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.02
3.32
2.26
- -
11.03
2025
1.28
1.51
0.69
2.4
5.88
2026
-2.82
-0.5
0.83
0.11
-2.38

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.5
2025
- -
- -
- -
- -
0.3
2026
- -
- -
- -
- -
- -
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Business
Greenpanel Industries Ltd. manufactures and markets engineered wood panels in India. The company produces medium-density fibreboard (MDF), high-density water-resistant (HDWR) boards, pre-laminated MDF, plywood, blockboards and wooden flooring with Perma Click interlocking technology; it holds a 21% market share in MDF capacity and operates manufacturing facilities in Uttarakhand and Andhra Pradesh with a total MDF capacity of 891,000 cubic meters annually. Greenpanel Industries sources 100% renewable agro-forestry wood and sells products through a network of over 3,000 outlets nationwide under the Greenpanel brand. Incorporated in 2017, the company maintains its headquarters in Gurgaon, Haryana. In recent developments, Greenpanel Industries commissions commercial production at its new MDF plant in Tirupati district, Andhra Pradesh, adding 231,000 cubic meters of annual capacity in FY2025; this brownfield expansion, funded partly by a EUR 32 million ECB from Landesbank Baden-Württemberg, boosts total MDF capacity by 35%. The company establishes an overseas branch in Dubai to access export markets in the Middle East and Africa, disinvests its wholly-owned subsidiary in Singapore realising 23 crore rupees, and relocates its registered office to DLF Downtown in Gurugram. Greenpanel Industries also restructures working capital from consortium to multiple banking arrangements, invests surplus funds in fixed income bonds yielding 8% YTM, and enhances branding via IPL sponsorships with Delhi Capitals and TV campaigns.