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Recent events
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Corporate Actions
Greenply Industries Says High Court Dismissed Tax Department's Appeal
March 6 (Reuters) - Greenply Industries Ltd GRPL.NS:
GREENPLY INDUSTRIES - HIGH COURT DISMISSED TAX DEPARTMENT'S APPEAL
GREENPLY INDUSTRIES - TAX EFFECT OF 184.4 MILLION RUPEES IS NOW NIL
Source text: ID:nNSE4rZrgN
Further company coverage: GRPL.NS
(([email protected];))
March 6 (Reuters) - Greenply Industries Ltd GRPL.NS:
GREENPLY INDUSTRIES - HIGH COURT DISMISSED TAX DEPARTMENT'S APPEAL
GREENPLY INDUSTRIES - TAX EFFECT OF 184.4 MILLION RUPEES IS NOW NIL
Source text: ID:nNSE4rZrgN
Further company coverage: GRPL.NS
(([email protected];))
India's Greenply falls as unit's plant shuts following machinery breakdown
** Shares of Greenply Industries GRPL.NS fall 3.4% to 339.20 rupees
** Plywood boards maker said manufacturing operations of unit's medium density fiberboard plant at Vadodara are closed due to breakdown of machinery
** Facility likely to resume production in next few days, co said
** Stock set to snap three-day gaining streak
** GRPL up ~42% YTD
(Reporting by Vijay Malkar)
(([email protected];))
** Shares of Greenply Industries GRPL.NS fall 3.4% to 339.20 rupees
** Plywood boards maker said manufacturing operations of unit's medium density fiberboard plant at Vadodara are closed due to breakdown of machinery
** Facility likely to resume production in next few days, co said
** Stock set to snap three-day gaining streak
** GRPL up ~42% YTD
(Reporting by Vijay Malkar)
(([email protected];))
Greenply Industries Says Manufacturing Operations At MDF Plant Of Unit, Closed
Dec 12 (Reuters) - Greenply Industries Ltd GRPL.NS:
MANUFACTURING OPERATIONS AT MDF PLANT OF UNIT, CLOSED
CLOSURE DUE TO BREAKDOWN OF MACHINERY
NECESSARY STEPS BEING TAKEN TO RESOLVE THE ISSUE
FACILITY LIKELY TO RESUME PRODUCTION IN NEXT FEW DAYS
Source text: ID:nBSE6gzDyC
Further company coverage: GRPL.NS
(([email protected];))
Dec 12 (Reuters) - Greenply Industries Ltd GRPL.NS:
MANUFACTURING OPERATIONS AT MDF PLANT OF UNIT, CLOSED
CLOSURE DUE TO BREAKDOWN OF MACHINERY
NECESSARY STEPS BEING TAKEN TO RESOLVE THE ISSUE
FACILITY LIKELY TO RESUME PRODUCTION IN NEXT FEW DAYS
Source text: ID:nBSE6gzDyC
Further company coverage: GRPL.NS
(([email protected];))
Greenply Industries Sept-Quarter Consol Profit 175.6 Mln Rupees
Oct 28 (Reuters) - Greenply Industries Ltd GRPL.NS:
SEPT-QUARTER CONSOL PROFIT 175.6 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 6.4 BILLION RUPEES
Source text: [ID:]
Further company coverage: GRPL.NS
(([email protected];;))
Oct 28 (Reuters) - Greenply Industries Ltd GRPL.NS:
SEPT-QUARTER CONSOL PROFIT 175.6 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 6.4 BILLION RUPEES
Source text: [ID:]
Further company coverage: GRPL.NS
(([email protected];;))
India's Greenply Industries jumps after JV starts production
** Shares of Greenply Industries GRPL.NS up 4.9% at 242.60 rupees, after rising as much as 6.9% earlier
** Plywood products maker said on Saturday, joint venture Greenply Samet has commenced manufacturing and commercial production at its Vadodara unit in Gujarat
** Says production at Vadodara unit will be ramped-up in three phases over next three years
** GRPL entered JV with Samet BV in 2023 to manufacture and sell functional furniture hardware
** Trading vol 0.8x 30-day daily avg
** Avg rating of nine analysts equivalent of "buy", median PT is 293 rupees - LSEG data
** Stock fell 12.1% in March, snapping four straight monthly gains
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
** Shares of Greenply Industries GRPL.NS up 4.9% at 242.60 rupees, after rising as much as 6.9% earlier
** Plywood products maker said on Saturday, joint venture Greenply Samet has commenced manufacturing and commercial production at its Vadodara unit in Gujarat
** Says production at Vadodara unit will be ramped-up in three phases over next three years
** GRPL entered JV with Samet BV in 2023 to manufacture and sell functional furniture hardware
** Trading vol 0.8x 30-day daily avg
** Avg rating of nine analysts equivalent of "buy", median PT is 293 rupees - LSEG data
** Stock fell 12.1% in March, snapping four straight monthly gains
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
Greenply Industries Says Alishan Panels Incorporated To Acquire Brand Alis Han
March 7 (Reuters) - Greenply Industries Ltd GRPL.NS:
ALISHAN PANELS INCORPORATED TO ACQUIRE BRAND/TRADEMARK ALIS HAN
Source text for Eikon: ID:nNSEbKLdK5
Further company coverage: GRPL.NS
(([email protected];))
March 7 (Reuters) - Greenply Industries Ltd GRPL.NS:
ALISHAN PANELS INCORPORATED TO ACQUIRE BRAND/TRADEMARK ALIS HAN
Source text for Eikon: ID:nNSEbKLdK5
Further company coverage: GRPL.NS
(([email protected];))
Greenply Industries Dec-Quarter Consol Profit Falls
Feb 1 (Reuters) - Greenply Industries Ltd GRPL.NS:
DEC-QUARTER CONSOL PROFIT 268.7 MILLION RUPEES VERSUS 360.4 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 6.21 BILLION RUPEES VERSUS 4.28 BILLION RUPEES
Further company coverage: GRPL.NS
(([email protected];))
Feb 1 (Reuters) - Greenply Industries Ltd GRPL.NS:
DEC-QUARTER CONSOL PROFIT 268.7 MILLION RUPEES VERSUS 360.4 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 6.21 BILLION RUPEES VERSUS 4.28 BILLION RUPEES
Further company coverage: GRPL.NS
(([email protected];))
Greenply Industries Approves Transfer Of 51% Of Shareholding And Cessation Of Controlling Interest Held In Greenply Middle East, Dubai
Dec 26 (Reuters) - Greenply Industries Ltd GRPL.NS:
APPROVED TRANSFER OF 51% OF SHAREHOLDING AND CESSATION OF CONTROLLING INTEREST HELD IN GREENPLY MIDDLE EAST, DUBAI
CONSIDERATION OF DEAL $1.6 MILLION TO BE RECEIVED
Source text for Eikon: ID:nBSEb2y8Nq
Further company coverage: GRPL.NS
(([email protected];))
Dec 26 (Reuters) - Greenply Industries Ltd GRPL.NS:
APPROVED TRANSFER OF 51% OF SHAREHOLDING AND CESSATION OF CONTROLLING INTEREST HELD IN GREENPLY MIDDLE EAST, DUBAI
CONSIDERATION OF DEAL $1.6 MILLION TO BE RECEIVED
Source text for Eikon: ID:nBSEb2y8Nq
Further company coverage: GRPL.NS
(([email protected];))
Century Plyboards, India's Greenply shares jump on Investec recommendation
** Shares of home improvement firms Century Plyboards (India) CNTP.NS and Greenply Industries GRPL.NS up 4.7% and 3.1%, respectively
** Brokerage Investec says CNTP its "top pick", followed by GRPL
** Building materials sector offers long growth pathway, profit pool for larger incumbents to grow forward - Investec says in note
** Adds, cost control critical due to high share of unorganised players; Century, Greenpanel Industries GREP.NS navigated well over FY19-23
** Investec recommends "buy" on Century and Greenply, "hold" on Greenpanel and Greenlam Industries GEEN.NS
** Brokerage retains rating order, expects gradual shift from unorganised to organised
** GREP up 1.4% while GEEN down 0.6%
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
** Shares of home improvement firms Century Plyboards (India) CNTP.NS and Greenply Industries GRPL.NS up 4.7% and 3.1%, respectively
** Brokerage Investec says CNTP its "top pick", followed by GRPL
** Building materials sector offers long growth pathway, profit pool for larger incumbents to grow forward - Investec says in note
** Adds, cost control critical due to high share of unorganised players; Century, Greenpanel Industries GREP.NS navigated well over FY19-23
** Investec recommends "buy" on Century and Greenply, "hold" on Greenpanel and Greenlam Industries GEEN.NS
** Brokerage retains rating order, expects gradual shift from unorganised to organised
** GREP up 1.4% while GEEN down 0.6%
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
India's Greenply Industries Ltd Sept-Quarter Consol Profit Falls
Nov 6 (Reuters) - Greenply Industries Ltd GRPL.NS:
SEPT-QUARTER CONSOL PROFIT 139.1 MILLION RUPEES VERSUS PROFIT 235.9 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 6.08 BILLION RUPEES VERSUS 4.95 BILLION RUPEES
Source text for Eikon: ID:nBSE8lDPfT
Further company coverage: GRPL.NS
(([email protected];))
Nov 6 (Reuters) - Greenply Industries Ltd GRPL.NS:
SEPT-QUARTER CONSOL PROFIT 139.1 MILLION RUPEES VERSUS PROFIT 235.9 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 6.08 BILLION RUPEES VERSUS 4.95 BILLION RUPEES
Source text for Eikon: ID:nBSE8lDPfT
Further company coverage: GRPL.NS
(([email protected];))
Greenply Industries Says Operations At Gabon Facility Partially Resumed Since September 23
Sept 25 (Reuters) - Greenply Industries Ltd GRPL.NS:
GREENPLY INDUSTRIES LTD - UPDATES ON PROTEST BY LOCAL WORKFORCE AT NKOK SPECIAL ECONOMIC ZONE (SEZ), GABON, WEST AFRICA.
GREENPLY INDUSTRIES LTD - OPERATIONS AT FACILITY PARTIALLY RESUMED SINCE 23RD SEPTEMBER 2023
GREENPLY INDUSTRIES - DISCUSSION BETWEEN SEZ AUTHORITIES AND LABOUR AGENCIES ONGOING TO RESOLVE ISSUES COMPLETELY
Source text for Eikon: ID:nBSE27BvHY
Further company coverage: GRPL.NS
(([email protected];))
Sept 25 (Reuters) - Greenply Industries Ltd GRPL.NS:
GREENPLY INDUSTRIES LTD - UPDATES ON PROTEST BY LOCAL WORKFORCE AT NKOK SPECIAL ECONOMIC ZONE (SEZ), GABON, WEST AFRICA.
GREENPLY INDUSTRIES LTD - OPERATIONS AT FACILITY PARTIALLY RESUMED SINCE 23RD SEPTEMBER 2023
GREENPLY INDUSTRIES - DISCUSSION BETWEEN SEZ AUTHORITIES AND LABOUR AGENCIES ONGOING TO RESOLVE ISSUES COMPLETELY
Source text for Eikon: ID:nBSE27BvHY
Further company coverage: GRPL.NS
(([email protected];))
India's Greenply Industries falls after plant shutdown in Gabon
** Shares of Greenply Industries GRPL.NS fall as much as 3.6% to 158.1 rupees, their biggest intraday pct loss since July 25
** Stock touches lowest level since Aug. 14
** Plywood products maker says unit Green ply Gabon SA stopped operations due to protests by local workforce at the NKOK Special Economic Zone (SEZ), Gabon
** Adds, difficult to assess the financial impact due to the shutdown
** Plant had barely resumed normalcy after Gabon appointed new president following a military coup - co
** Trading volume is 164,507 shares as of 10:20 a.m. IST, 1.0x the 30-day avg - LSEG data
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
** Shares of Greenply Industries GRPL.NS fall as much as 3.6% to 158.1 rupees, their biggest intraday pct loss since July 25
** Stock touches lowest level since Aug. 14
** Plywood products maker says unit Green ply Gabon SA stopped operations due to protests by local workforce at the NKOK Special Economic Zone (SEZ), Gabon
** Adds, difficult to assess the financial impact due to the shutdown
** Plant had barely resumed normalcy after Gabon appointed new president following a military coup - co
** Trading volume is 164,507 shares as of 10:20 a.m. IST, 1.0x the 30-day avg - LSEG data
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
Greenply Industries Says Shutdown Of Operations At Unit Of Green Ply Gabon SA
Sept 12 (Reuters) - Greenply Industries Ltd GRPL.NS:
LOCAL WORKFORCE AT NKOK SPECIAL ECONOMIC ZONE (SEZ), GABON, WEST AFRICA HAS GONE ON PROTEST
PROTEST LEADING TO SHUTDOWN OF OPERATIONS AT ENTIRE SEZ INCLUDING UNIT OF GREEN PLY GABON SA, GABON
DIFFICULT TO ASSESS FINANCIAL IMPACT OF THIS TILL MORE CLARITY EMERGES
Source text for Eikon: ID:nBSE8CV3Ty
Further company coverage: GRPL.NS
(([email protected];))
Sept 12 (Reuters) - Greenply Industries Ltd GRPL.NS:
LOCAL WORKFORCE AT NKOK SPECIAL ECONOMIC ZONE (SEZ), GABON, WEST AFRICA HAS GONE ON PROTEST
PROTEST LEADING TO SHUTDOWN OF OPERATIONS AT ENTIRE SEZ INCLUDING UNIT OF GREEN PLY GABON SA, GABON
DIFFICULT TO ASSESS FINANCIAL IMPACT OF THIS TILL MORE CLARITY EMERGES
Source text for Eikon: ID:nBSE8CV3Ty
Further company coverage: GRPL.NS
(([email protected];))
Greenply Industries Says Manufacturing Operations At Unit Of Greenply Gabon SA, Gabon Partially Affected Due To Present Political Unrest In Gabon
Aug 31 (Reuters) - Greenply Industries Ltd GRPL.NS:
MANUFACTURING OPERATIONS AT UNIT OF GREENPLY GABON SA, GABON PARTIALLY AFFECTED DUE TO PRESENT POLITICAL UNREST IN GABON
MILITARY HAS ASKED BUSINESSES TO RESUME NORMAL OPERATIONS TODAY ITSELF AND IS WORKING ON RESTORING NORMALCY
DON'T SEE ANY SIGNIFICANT INCREMENTAL IMPACT OF THIS SITUATION ON FINANCIAL PERFORMANCE OF UNIT
Source text for Eikon: ID:nBSE9x0B86
Further company coverage: GRPL.NS
(([email protected];))
Aug 31 (Reuters) - Greenply Industries Ltd GRPL.NS:
MANUFACTURING OPERATIONS AT UNIT OF GREENPLY GABON SA, GABON PARTIALLY AFFECTED DUE TO PRESENT POLITICAL UNREST IN GABON
MILITARY HAS ASKED BUSINESSES TO RESUME NORMAL OPERATIONS TODAY ITSELF AND IS WORKING ON RESTORING NORMALCY
DON'T SEE ANY SIGNIFICANT INCREMENTAL IMPACT OF THIS SITUATION ON FINANCIAL PERFORMANCE OF UNIT
Source text for Eikon: ID:nBSE9x0B86
Further company coverage: GRPL.NS
(([email protected];))
Greenply Industries Says Manufacturing Ops At Mdf Plant Of Co's Unit At Vadodara, Gujarat Has Been Resumed
Aug 8 (Reuters) - Greenply Industries Ltd GRPL.NS:
MANUFACTURING OPERATIONS AT MDF PLANT OF CO'S UNIT AT VADODARA, GUJARAT HAS BEEN RESUMED
Source text for Eikon: ID:nBSE6mPV5L
Further company coverage: GRPL.NS
(([email protected];;))
Aug 8 (Reuters) - Greenply Industries Ltd GRPL.NS:
MANUFACTURING OPERATIONS AT MDF PLANT OF CO'S UNIT AT VADODARA, GUJARAT HAS BEEN RESUMED
Source text for Eikon: ID:nBSE6mPV5L
Further company coverage: GRPL.NS
(([email protected];;))
Greenply Industries Says Manufacturing Operations At MDF Plant Of Company's Unit Temporary Closed
July 31 (Reuters) - Greenply Industries Ltd GRPL.NS:
GREENPLY INDUSTRIES LTD - MANUFACTURING OPERATIONS AT MDF PLANT OF COMPANY'S UNIT TEMPORARY CLOSED
GREENPLY INDUSTRIES LTD - CLOSURE OF OPERATIONS FOR 9 DAYS W.E.F. AUGUST 1
Source text for Eikon: ID:nBSE8TCjfM
Further company coverage: GRPL.NS
(([email protected];))
July 31 (Reuters) - Greenply Industries Ltd GRPL.NS:
GREENPLY INDUSTRIES LTD - MANUFACTURING OPERATIONS AT MDF PLANT OF COMPANY'S UNIT TEMPORARY CLOSED
GREENPLY INDUSTRIES LTD - CLOSURE OF OPERATIONS FOR 9 DAYS W.E.F. AUGUST 1
Source text for Eikon: ID:nBSE8TCjfM
Further company coverage: GRPL.NS
(([email protected];))
India's Greenply Industries June-Quarter Consol Profit Falls
July 25 (Reuters) - Greenply Industries Ltd GRPL.NS:
JUNE-QUARTER CONSOL PROFIT 8.2 MILLION RUPEES VERSUS PROFIT 207.3 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 4.76 BILLION RUPEES VERSUS 4.54 BILLION RUPEES
Source text for Eikon: ID:nNSEXh2d7
Further company coverage: GRPL.NS
(([email protected];))
July 25 (Reuters) - Greenply Industries Ltd GRPL.NS:
JUNE-QUARTER CONSOL PROFIT 8.2 MILLION RUPEES VERSUS PROFIT 207.3 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 4.76 BILLION RUPEES VERSUS 4.54 BILLION RUPEES
Source text for Eikon: ID:nNSEXh2d7
Further company coverage: GRPL.NS
(([email protected];))
Greenply Industries Approves Disposal Of Properties Of Greenply Industries (Myanmar)
June 2 (Reuters) - Greenply Industries Ltd GRPL.NS:
APPROVED DISPOSAL OF PROPERTIES, PLANT & EQUIPMENT AND OTHER CURRENT ASSETS OF GREENPLY INDUSTRIES (MYANMAR)
RESULTED IN SHARE OF LOSS FROM JOINT VENTURE OF 207.5 MILLION RUPEES DURING YEAR
DECISION DUE TO DIFFICULTY CONTINUING OPERATION DUE TO POLITICAL DEVELOPMENTS RESULTING IN ADVERSE BUSINESS ENVIRONMENT IN MYANMAR
Source text for Eikon: ID:nBSEg6FpQ
Further company coverage: GRPL.NS
(([email protected];))
June 2 (Reuters) - Greenply Industries Ltd GRPL.NS:
APPROVED DISPOSAL OF PROPERTIES, PLANT & EQUIPMENT AND OTHER CURRENT ASSETS OF GREENPLY INDUSTRIES (MYANMAR)
RESULTED IN SHARE OF LOSS FROM JOINT VENTURE OF 207.5 MILLION RUPEES DURING YEAR
DECISION DUE TO DIFFICULTY CONTINUING OPERATION DUE TO POLITICAL DEVELOPMENTS RESULTING IN ADVERSE BUSINESS ENVIRONMENT IN MYANMAR
Source text for Eikon: ID:nBSEg6FpQ
Further company coverage: GRPL.NS
(([email protected];))
India's Greenply Industries March-Quarter Consol Profit Falls
May 30 (Reuters) - Greenply Industries Ltd GRPL.NS:
INDIA'S GREENPLY INDUSTRIES MARCH-QUARTER CONSOL PROFIT 110.7 MILLION RUPEES VERSUS 289.7 MILLION RUPEES
GREENPLY INDUSTRIES MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 4.69 BILLION RUPEES VERSUS 4.49 BILLION RUPEES
Source text for Eikon: ID:nBSE1yfKPK
Further company coverage: GRPL.NS
(([email protected];))
May 30 (Reuters) - Greenply Industries Ltd GRPL.NS:
INDIA'S GREENPLY INDUSTRIES MARCH-QUARTER CONSOL PROFIT 110.7 MILLION RUPEES VERSUS 289.7 MILLION RUPEES
GREENPLY INDUSTRIES MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 4.69 BILLION RUPEES VERSUS 4.49 BILLION RUPEES
Source text for Eikon: ID:nBSE1yfKPK
Further company coverage: GRPL.NS
(([email protected];))
India's Greenpanel Industries drops on slide in Q4 earnings
** Greenpanel Industries Ltd's shares GREP.NS fall 3.8% to 298.10 rupees, dropping below their 100-day simple moving avg
** The wood panels maker reports 14% YoY fall in Q4 net profit, with rev down 6%; core profit slid 45%
** Co says high export volumes with price cuts, steep rise in raw material costs, higher brand spends hit profit
** The avg rating of the 12 analysts tracking GREP is "buy", with a median TP of 459 rupees -Refinitiv data
** Stock now down 11.5% YTD, following a 19.6% drop in 2022
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463))
** Greenpanel Industries Ltd's shares GREP.NS fall 3.8% to 298.10 rupees, dropping below their 100-day simple moving avg
** The wood panels maker reports 14% YoY fall in Q4 net profit, with rev down 6%; core profit slid 45%
** Co says high export volumes with price cuts, steep rise in raw material costs, higher brand spends hit profit
** The avg rating of the 12 analysts tracking GREP is "buy", with a median TP of 459 rupees -Refinitiv data
** Stock now down 11.5% YTD, following a 19.6% drop in 2022
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463))
Greenply Industries Says Unit Commenced Commercial Production At Gujarat
May 5 (Reuters) - Greenply Industries Ltd GRPL.NS:
UNIT COMMENCED COMMERCIAL PRODUCTION AT GUJARAT
Source text for Eikon: ID:nBSE4rKS4Q
Further company coverage: GRPL.NS
(([email protected];))
May 5 (Reuters) - Greenply Industries Ltd GRPL.NS:
UNIT COMMENCED COMMERCIAL PRODUCTION AT GUJARAT
Source text for Eikon: ID:nBSE4rKS4Q
Further company coverage: GRPL.NS
(([email protected];))
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What does Greenply Industries do?
Greenply Industries Limited (GIL) is India's largest interior infrastructure company known for its plywood and MDF boards. They offer a comprehensive range of residential and commercial floor products under different brand names.
Who are the competitors of Greenply Industries?
Greenply Industries major competitors are Stylam Industries, Greenpanel Inds., Greenlam Industries, Rushil Decor, Archidply Inds, Duroply Industries, Airo Lam. Market Cap of Greenply Industries is ₹3,751 Crs. While the median market cap of its peers are ₹705 Crs.
Is Greenply Industries financially stable compared to its competitors?
Greenply Industries seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Greenply Industries pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Greenply Industries latest dividend payout ratio is 8.84% and 3yr average dividend payout ratio is 7.34%
How has Greenply Industries allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Greenply Industries balance sheet?
Balance sheet of Greenply Industries is strong. But short term working capital might become an issue for this company.
Is the profitablity of Greenply Industries improving?
The profit is oscillating. The profit of Greenply Industries is ₹116 Crs for TTM, ₹69.96 Crs for Mar 2024 and ₹91.43 Crs for Mar 2023.
Is the debt of Greenply Industries increasing or decreasing?
The debt of Greenply Industries is decreasing. Latest debt of Greenply Industries is ₹347 Crs as of Sep-24. This is less than Mar-24 when it was ₹480 Crs.
Is Greenply Industries stock expensive?
Greenply Industries is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of Greenply Industries is 36.18, while 3 year average PE is 48.5. Also latest EV/EBITDA of Greenply Industries is 18.03 while 3yr average is 17.68.
Has the share price of Greenply Industries grown faster than its competition?
Greenply Industries has given lower returns compared to its competitors. Greenply Industries has grown at ~24.46% over the last 5yrs while peers have grown at a median rate of 42.39%
Is the promoter bullish about Greenply Industries?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 51.69% and last quarter promoter holding is 51.66%.
Are mutual funds buying/selling Greenply Industries?
The mutual fund holding of Greenply Industries is increasing. The current mutual fund holding in Greenply Industries is 29.71% while previous quarter holding is 29.64%.