Greenlam Industries Ltd
GREENLAMGreenlam Industries Ltd
GREENLAM
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 58.53 | 6.59 | 0.30% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 49.98 | 7.01 | 0.55% |
Forecast & Ratings
Detailed Forecast from 12 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Greenlam Industries Limited is a laminates manufacturing company. The Company is engaged in the business of manufacturing laminates, decorative veneers and allied products, through its factories at various locations, branches and dealers network.
Peers
Compare with peersRushil Decor Ltd
Dhabriya Polywood Ltd
Airo Lam Ltd
Ecoboard Industries Ltd
DECO MICA Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,032.57 | 1,078.31 | 1,146.35 | 1,282.23 | 1,325.01 | 1,207.15 | 1,710.69 | 2,043.91 | 2,328.01 | 2,496.12 | ||||||||||
Raw Materials | 531.04 | 563.08 | 600.67 | 706.42 | 705.96 | 606.47 | 976.46 | 1,082.48 | 1,155.55 | 2,172.86 | ||||||||||
| Power & Fuel Cost | 27.11 | 26.74 | 32.11 | 37.31 | 33.77 | 33.27 | 53.93 | 73.85 | 84.25 | |||||||||||
| Employee Cost | 139.80 | 152.48 | 173.38 | 192.45 | 221.96 | 207.85 | 259.43 | 313.86 | 425.69 | |||||||||||
| Selling & Administrative Expenses | 133.36 | 164.44 | 172.66 | 140.58 | 150.14 | 119.56 | 193.43 | 256.11 | 327.47 | |||||||||||
| Operating & Other expenses | 68.48 | 30.73 | 17.01 | 45.42 | 30.51 | 71.55 | 35.74 | 66.77 | 18.72 | |||||||||||
EBITDA | 132.78 | 140.84 | 150.52 | 160.05 | 182.67 | 168.45 | 191.70 | 250.84 | 316.33 | 323.26 | ||||||||||
| Depreciation/Amortization | 34.97 | 36.64 | 35.95 | 36.84 | 52.49 | 55.56 | 58.50 | 63.25 | 87.09 | 103.36 | ||||||||||
| PBIT | 97.81 | 104.20 | 114.57 | 123.21 | 130.18 | 112.89 | 133.20 | 187.59 | 229.24 | 219.90 | ||||||||||
| Interest & Other Items | 35.42 | 28.55 | 18.05 | 16.96 | 21.84 | 16.92 | 14.08 | 23.48 | 44.29 | 57.02 | ||||||||||
| PBT | 62.39 | 75.65 | 96.52 | 106.25 | 108.34 | 95.97 | 119.12 | 164.11 | 184.95 | 162.88 | ||||||||||
| Taxes & Other Items | 24.69 | 25.99 | 31.91 | 29.14 | 21.67 | 22.19 | 28.40 | 35.41 | 46.55 | 41.72 | ||||||||||
| Net Income | 37.70 | 49.66 | 64.61 | 77.11 | 86.67 | 73.78 | 90.72 | 128.70 | 138.40 | 121.16 | ||||||||||
| EPS | 3.12 | 4.11 | 5.35 | 6.39 | 7.18 | 6.11 | 7.52 | 10.39 | 10.87 | 9.50 | ||||||||||
| DPS | 0.20 | 0.30 | 0.50 | 0.60 | 0.80 | 1.00 | 1.20 | 1.50 | 1.65 | 1.65 | ||||||||||
| Payout ratio | 0.06 | 0.07 | 0.09 | 0.09 | 0.11 | 0.16 | 0.16 | 0.14 | 0.15 | 0.17 |
Company Updates
Peers & Comparison
IndustrialsBuilding Products - Laminates
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Greenlam Industries Ltd | 51.24 | 6.59 | 0.30% |
| Rushil Decor Ltd | 23.62 | 1.88 | 0.26% |
| Dhabriya Polywood Ltd | 84.76 | 8.78 | 0.13% |
| Airo Lam Ltd | 22.01 | 2.47 | — |
Price Comparison
Compare GREENLAM with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Greenlam Industries Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
HDFC Mid-Cap Opportunities Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 5.9114% | Percentage of the fund’s portfolio invested in the stock 0.54% | Change in the portfolio weight of the stock over the last 3 months -0.20% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 54/79 (-6) |
DSP Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.1905% | Percentage of the fund’s portfolio invested in the stock 0.93% | Change in the portfolio weight of the stock over the last 3 months -0.15% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 52/84 (-4) |
Nippon India Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.5424% | Percentage of the fund’s portfolio invested in the stock 0.18% | Change in the portfolio weight of the stock over the last 3 months -0.06% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 142/238 (+8) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Increasing Dividends
GREENLAM has increased dividends consistently over the last 5 years
Dividend Yield
Current dividend yield is 0.30%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹2.96 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJun 21, 2024
Dividend/Share
₹1.65
Ex DateEx Date
Jun 21, 2024
Cash Dividend
Ex DateEx DateJun 30, 2023
Dividend/Share
₹1.50
Ex DateEx Date
Jun 30, 2023
Cash Dividend
Ex DateEx DateJul 7, 2022
Dividend/Share
₹1.20
Ex DateEx Date
Jul 7, 2022
Cash Dividend
Ex DateEx DateAug 4, 2021
Dividend/Share
₹5.00
Ex DateEx Date
Aug 4, 2021
Cash Dividend
Ex DateEx DateMar 17, 2020
Dividend/Share
₹4.00
Ex DateEx Date
Mar 17, 2020
Greenlam Industries has incorporated a subsidiary in Egypt under the name and style of 'GRLAM TRADING' (Egypt subsidiary), to carry out, inter alia, the business of distributor and wholesaler of high pressure laminates and other paper/wood based products. The Company holds 100% shareholding in Egypt subsidiary. Powered by Capital Market - Live
Net profit of Greenlam Industries declined 11.30% to Rs 34.62 crore in the quarter ended September 2024 as against Rs 39.03 crore during the previous quarter ended September 2023. Sales rose 12.78% to Rs 680.81 crore in the quarter ended September 2024 as against Rs 603.64 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales680.81603.64 13 OPM %11.9612.53 - PBDT74.0672.14 3 PBT47.2552.68 -10 NP34.6239.03 -11 Powered by Capital Market - Live
Greenlam Industries will hold a meeting of the Board of Directors of the Company on 29 October 2024.Powered by Capital Market - Live
The company has subscribed 4,998 ordinary shares constituting 99.9% of the share capital equals to 4,99,800 BDT (Bangladesh Taka) by discharging the subscription amount in cash. The company has authorized capital of 2 crore BDT divided into 2 lakh BDT ordinary shares of BDT of 100 each. Greenlam Industries is engaged in the business of manufacturing laminates, decorative veneers and allied products. The company's consolidated declined 38.8% to Rs 20.27 crore in Q1 FY25 as compared with Rs 33.10 crore in Q1 FY24. Net sales jumped 17.4% YoY to Rs 604.71 crore in Q1 FY25. The counter declined 1.14% to ends at Rs 514.5 on Wednesday, 25 September 2024.Powered by Capital Market - Live
Greenlam Industries will hold a meeting of the Board of Directors of the Company on 3 September 2024.Powered by Capital Market - Live
Greenlam Industries consolidated net profit declines 38.76% in the June 2024 quarter
Net profit of Greenlam Industries declined 38.76% to Rs 20.27 crore in the quarter ended June 2024 as against Rs 33.10 crore during the previous quarter ended June 2023. Sales rose 17.36% to Rs 604.71 crore in the quarter ended June 2024 as against Rs 515.24 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales604.71515.24 17 OPM %10.5912.49 - PBDT53.3661.07 -13 PBT27.0543.67 -38 NP20.2733.10 -39 Powered by Capital Market - Live
Greenlam Industries will hold a meeting of the Board of Directors of the Company on 22 July 2024.Powered by Capital Market - Live
Greenlam Industries - Entry Into New Segments To Fuel Growth: HDFC Securities
Greenlam Industries - Foray Into New Products Should Boost Topline Growth: Yes Securities
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 12.67%, vs industry avg of 13.75%
Decreasing Market Share
Over the last 5 years, market share decreased from 67.2% to 64.59%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 12.41%, vs industry avg of 15.44%