Stock Snapshot
Price Performance
Recommendation Rationale
Strong growth outlook supported by robust demand and effective margin strategies.
Basis of our Recommendation
Greenply Industries Ltd. is poised for strong growth, supported by robust demand in the MDF and Plywood segments, effective margin protection strategies, and significant revenue growth in recent quarters. The company's positive market perception and margin expansion further enhance its growth outlook.
Why We Like This Stock
- Strong demand in the MDF and Plywood segments
- Effective margin protection strategies
- Significant revenue growth and margin expansion in recent quarters
Things To Watch Out For
- nan
Key Parameters
Financial Snapshot
| Actuals | Forecast | ||||
|---|---|---|---|---|---|
| FY24 | FY25 | FY26 | FY27 | FY28 | |
| Revenue (Cr.) | 2,180 | 2,488 | 2,739 | 3,129 | 3,598 |
| Profit Before Tax (Cr.) | 96 | 117 | 140 | 180 | 210 |
| PBT Margin | 4.4% | 4.7% | 5.1% | 5.8% | 5.8% |
| Net Profit (Cr.) | 52 | 90 | 96 | 124 | 144 |
| EPS | 4.2 | 7.2 | 7.7 | 9.9 | 11.5 |
Company Overview
Show Company Profile
Greenply Industries Limited, an interior infrastructure company, engages in the manufacture and trading of plywood and allied products in India and internationally. The company provides plywood and block boards, decorative veneers, flush doors, specialty plywood, PVC products, furniture hardware, laminates, and medium density fiberboards under Green, Ecotec, Optima G, Green Ndure, Greenply |WPC|PVC|uPVC, Woodcrest, Greenply MDF, and Club Crests brand names. It also provides furniture and fittings to residential, commercial, and industrial sectors. It operates through a network of distributors, dealers, and retailers. The company was formerly known as Mittal Laminates Private Limited and changed its name to Greenply Industries Limited in 1995. Greenply Industries Limited was founded in 1984 and is based in Kolkata, India.