Greenpanel Industries Ltd
GREENPANELGreenpanel Industries Ltd
GREENPANEL
Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
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 |
|---|---|---|
| 33.31 | 3.61 | 0.39% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 30.03 | 3.41 | 1.36% |
Forecast & Ratings
Detailed Forecast from 17 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Greenpanel Industries Limited makes wood panels, plywood, doors and veneers to service domestic and international customers. The Company also provides laminated floors and veneered floors.
Investor Presentation
View olderPeers
Compare with peersCentury Plyboards (India) Ltd
Greenply Industries Ltd
Indian Wood Products Co Ltd
Archidply Industries Ltd
Western India Plywoods Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 0.00 | 611.81 | 878.80 | 1,024.21 | 1,634.00 | 1,813.06 | 1,589.12 | 1,589.12 | ||||||||
Raw Materials | 0.05 | 298.83 | 399.01 | 437.73 | 671.97 | 751.37 | 716.80 | 1,320.80 | ||||||||
| Power & Fuel Cost | 67.48 | 100.87 | 99.23 | 142.29 | 191.97 | 208.10 | ||||||||||
| Employee Cost | 80.76 | 98.89 | 97.90 | 128.43 | 139.72 | 140.63 | ||||||||||
| Selling & Administrative Expenses | 72.77 | 89.43 | 104.64 | 169.96 | 197.19 | 187.71 | ||||||||||
| Operating & Other expenses | 1.92 | 61.44 | 77.88 | 81.96 | 90.84 | 67.55 | ||||||||||
EBITDA | -0.05 | 90.05 | 129.16 | 206.83 | 439.39 | 441.97 | 268.33 | 268.32 | ||||||||
| Depreciation/Amortization | 0.00 | 53.03 | 69.17 | 68.63 | 73.36 | 71.97 | 72.89 | 72.90 | ||||||||
| PBIT | -0.05 | 37.02 | 59.99 | 138.20 | 366.03 | 370.00 | 195.44 | 195.42 | ||||||||
| Interest & Other Items | 0.00 | 24.63 | 48.29 | 37.21 | 17.10 | 19.04 | 12.26 | 12.26 | ||||||||
| PBT | -0.05 | 12.39 | 11.70 | 100.99 | 348.93 | 350.96 | 183.18 | 183.16 | ||||||||
| Taxes & Other Items | 0.00 | -22.19 | -2.75 | 32.16 | 108.47 | 94.44 | 40.49 | 40.49 | ||||||||
| Net Income | -0.05 | 34.58 | 14.45 | 68.83 | 240.46 | 256.52 | 142.69 | 142.67 | ||||||||
| EPS | -0.50 | 691.60 | 2.36 | 5.61 | 19.61 | 20.92 | 11.64 | 11.63 | ||||||||
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | 1.50 | 1.50 | 1.50 | 1.50 | ||||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.08 | 0.07 | 0.13 | 0.13 |
Company Updates
Peers & Comparison
MaterialsWood Products
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Greenpanel Industries Ltd | 33.31 | 3.61 | 0.39% |
| Century Plyboards (India) Ltd | 54.80 | 8.11 | 0.12% |
| Greenply Industries Ltd | 59.13 | 5.83 | 0.15% |
| Indian Wood Products Co Ltd | 102.79 | 1.06 | 0.17% |
Price Comparison
Compare GREENPANEL 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
Decreased Total Retail Holding
In last 3 months, retail holding in the company has decreased by 1.51%
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 Greenpanel 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) |
|---|---|---|---|---|
ICICI PRUDENTIAL FLEXICAP FUND DIRECT PLAN GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.5591% | Percentage of the fund’s portfolio invested in the stock 0.71% | Change in the portfolio weight of the stock over the last 3 months -0.16% | 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 51/77 (-2) |
Nippon India Flexi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.9733% | 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 -0.08% | 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 65/107 (-24) |
UTI Small Cap Fund - Direct Growth Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.7253% | Percentage of the fund’s portfolio invested in the stock 0.73% | Change in the portfolio weight of the stock over the last 3 months -0.25% | 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 74/98 (-50) |
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
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateFeb 9, 2024
Dividend/Share
₹1.50
Ex DateEx Date
Feb 9, 2024
Cash Dividend
Ex DateEx DateFeb 9, 2023
Dividend/Share
₹1.50
Ex DateEx Date
Feb 9, 2023
Cash Dividend
Ex DateEx DateFeb 3, 2022
Dividend/Share
₹1.50
Ex DateEx Date
Feb 3, 2022
Net profit of Greenpanel Industries declined 54.61% to Rs 18.50 crore in the quarter ended September 2024 as against Rs 40.76 crore during the previous quarter ended September 2023. Sales declined 15.50% to Rs 336.87 crore in the quarter ended September 2024 as against Rs 398.68 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales336.87398.68 -16 OPM %8.8617.31 - PBDT32.6973.73 -56 PBT13.3955.23 -76 NP18.5040.76 -55 Powered by Capital Market - Live
Greenpanel Industries will hold a meeting of the Board of Directors of the Company on 28 October 2024.Powered by Capital Market - Live
Greenpanel Industries has received reaffirmation in credit rating for bank facilities of Rs 168 crore at ICRA A+; Stable/ ICRA A1+. Powered by Capital Market - Live
Greenpanel Industries has received reaffirmation / assignment of credit ratings from CARE Ratings at CARE A+; Stable/ CARE A1+ for bank facilities aggregating Rs 168 crore. Powered by Capital Market - Live
Greenpanel Inds slips as PAT slumps 58% YoY in Q1
On the segmental front, MDF sales were at Rs 331.78 crore (down 2.5% YoY) and Plywood sales stood at Rs 32.37 crore (down 28.1% YoY) in the first quarter of FY25. MDF sales volumes grew by 2.8% YoY while Plywood volumes de-grew by 22.8% YoY during the period under review. EBITDA Margin slipped to 10.9% in June 2024 quarter as compared with 18.7% posted in same quarter last year. Profit before tax stood at Rs 21.38 crore in the quarter ended June 2024, down by 57.02% from Rs 49.74 crore in corresponding quarter previous fiscal. Net debt stood at Rs 103.38 crore as on 30 June 2024, inclusive of Rs 214 crore for expansion project. Working capital investment increased by 8 days YoY to 36 days as on 30 June 2024, due to increase in wood inventories to prepare for the monsoon season. Managing director & CEO, Greenpanel Industries, said: 'MDF domestic volumes increased by 10.2% over the YoY quarter. However, export volumes were impacted by lower availability of containers and steep increase in ocean freight rate. MDF domestic volumes were also impacted due to price reduction by competition. MDF EBITDA margins at 12.1% were impacted by steep increase of 31% in wood prices (blended for both plants) over 1 year and lower domestic volumes on sequential basis. We maintained working capital discipline although we increased wood inventory to prepare for the monsoon season. Widening distribution reach and increasing domestic volumes and proportion of valueadded products will be our major focus areas in future quarters.' Greenpanel Industries is India's largest manufacturer of wood panels. Its manufacturing plants in Uttarakhand and Andhra Pradesh make medium-density fibreboard (MDF), plywood, veneers, flooring, and doors. Powered by Capital Market - Live
Greenpanel Industries standalone net profit declines 57.56% in the June 2024 quarter
Net profit of Greenpanel Industries declined 57.56% to Rs 15.71 crore in the quarter ended June 2024 as against Rs 37.02 crore during the previous quarter ended June 2023. Sales declined 5.49% to Rs 364.95 crore in the quarter ended June 2024 as against Rs 386.13 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales364.95386.13 -5 OPM %9.8717.03 - PBDT40.3167.97 -41 PBT21.3749.75 -57 NP15.7137.02 -58 Powered by Capital Market - Live
Greenpanel Industries will hold a meeting of the Board of Directors of the Company on 30 July 2024.Powered by Capital Market - Live
Greenpanel industries down as Cyclone Michaung disrupts operations at Andhra unit
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 21.03%, vs industry avg of 11.16%
Increasing Market Share
Over the last 5 years, market share increased from 11.46% to 17.98%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 32.77%, vs industry avg of 14.89%