Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 398.68 | 385.68 | 396.54 | 364.95 | 336.87 | 359.44 | 374.51 | 328.19 | 395.97 | 416.27 | 398.93 | 349.81 |
| Expenses | 329.66 | 325.70 | 344.99 | 328.91 | 307.00 | 342.09 | 326.56 | 344.02 | 371.20 | 375.43 | 368.98 | 319.92 |
| Operating Profit | 69.02 | 59.98 | 51.55 | 36.04 | 29.87 | 17.35 | 47.95 | -15.83 | 24.77 | 40.84 | 29.95 | 29.89 |
| OPM % | 17.31% | 15.55% | 13.00% | 9.88% | 8.87% | 4.83% | 12.80% | -4.82% | 6.26% | 9.81% | 7.51% | 8.54% |
| Other Income | 6.61 | 2.31 | 7.14 | 5.91 | 6.21 | 6.56 | 3.90 | 3.42 | 3.07 | 3.43 | 4.59 | 2.61 |
| Interest | 1.91 | 6.22 | 0.17 | 1.63 | 3.38 | -0.70 | 2.36 | 9.51 | 10.91 | 7.43 | 8.86 | 5.58 |
| Depreciation | 18.50 | 17.93 | 18.25 | 18.94 | 19.30 | 19.40 | 19.78 | 25.47 | 25.81 | 25.39 | 24.63 | 24.79 |
| Profit before tax | 55.22 | 38.14 | 40.27 | 21.38 | 13.40 | 5.21 | 29.71 | -47.39 | -8.88 | 11.45 | 1.05 | 2.13 |
| Tax % | 26.20% | 27.48% | 25.97% | 26.47% | -38.13% | -63.34% | 1.08% | -26.95% | -30.97% | 10.57% | -30.48% | 42.25% |
| Net Profit | 40.76 | 27.66 | 29.81 | 15.71 | 18.50 | 8.50 | 29.39 | -34.62 | -6.12 | 10.24 | 1.37 | 1.23 |
| EPS in Rs | 3.32 | 2.26 | 2.43 | 1.28 | 1.51 | 0.69 | 2.40 | -2.82 | -0.50 | 0.84 | 0.11 | 0.10 |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 587 | 860 | 1,020 | 1,624 | 1,783 | 1,567 | 1,436 | 1,539 | 1,561 |
| Expenses | 0 | 504 | 724 | 815 | 1,204 | 1,370 | 1,321 | 1,305 | 1,460 | 1,436 |
| Operating Profit | -0 | 83 | 136 | 205 | 421 | 413 | 246 | 131 | 80 | 125 |
| OPM % | 14% | 16% | 20% | 26% | 23% | 16% | 9% | 5% | 8% | |
| Other Income | 0 | 13 | -9 | 2 | 5 | -9 | 22 | 23 | 14 | 14 |
| Interest | 0 | 24 | 48 | 35 | 16 | 19 | 12 | 7 | 37 | 33 |
| Depreciation | 0 | 50 | 65 | 64 | 68 | 69 | 73 | 77 | 101 | 101 |
| Profit before tax | -0 | 22 | 13 | 108 | 342 | 317 | 183 | 70 | -44 | 6 |
| Tax % | 0% | -101% | -20% | 30% | 32% | 27% | 26% | -3% | -33% | |
| Net Profit | -0 | 44 | 16 | 76 | 233 | 230 | 135 | 72 | -29 | 7 |
| EPS in Rs | 1.32 | 6.21 | 19.03 | 18.75 | 11.03 | 5.88 | -2.38 | 0.55 | ||
| Dividend Payout % | 0% | 0% | 0% | 0% | 8% | 8% | 14% | 5% | -21% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 9% | -5% | 12% | ||
| Compounded Profit Growth | % | % | % | -69% | ||
| Stock Price CAGR | % | -12% | -25% | -41% | ||
| Return on Equity | % | 11% | 4% | -2% |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.10 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
| Reserves | -0 | 668 | 685 | 761 | 975 | 1,189 | 1,305 | 1,373 | 1,344 |
| Borrowings | 0 | 579 | 555 | 459 | 292 | 228 | 296 | 413 | 370 |
| Other Liabilities | 0 | 226 | 241 | 243 | 285 | 276 | 278 | 338 | 321 |
| Total Liabilities | 0 | 1,485 | 1,493 | 1,475 | 1,564 | 1,705 | 1,891 | 2,136 | 2,047 |
| Fixed Assets | 0 | 1,118 | 1,088 | 1,043 | 1,009 | 992 | 982 | 1,559 | 1,425 |
| CWIP | 0 | 4 | 6 | 4 | 0 | 5 | 313 | 11 | 20 |
| Investments | 0 | 47 | 52 | 52 | 52 | 22 | 98 | 121 | 0 |
| Other Assets | 0 | 316 | 346 | 376 | 502 | 686 | 498 | 445 | 602 |
| Total Assets | 0 | 1,485 | 1,493 | 1,475 | 1,564 | 1,705 | 1,891 | 2,136 | 2,047 |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -0 | 27 | 101 | 211 | 360 | 339 | 135 | 78 | 111 |
| Cash from Investing Activity | 0 | -114 | -28 | -77 | -137 | -254 | -156 | -166 | 17 |
| Cash from Financing Activity | 0 | 105 | -82 | -131 | -180 | -131 | 50 | 82 | -115 |
| Net Cash Flow | 0 | 18 | -9 | 3 | 43 | -45 | 29 | -6 | 12 |
| Free Cash Flow | -0 | -78 | 77 | 192 | 326 | 253 | -210 | -109 | 73 |
| CFO/OP | 100% | 37% | 79% | 111% | 99% | 97% | 70% | 64% | 128% |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 33 | 30 | 28 | 9 | 9 | 7 | 11 | 21 | |
| Inventory Days | 191 | 147 | 118 | 90 | 75 | 107 | 98 | 89 | |
| Days Payable | 119 | 117 | 104 | 81 | 54 | 58 | 51 | 55 | |
| Cash Conversion Cycle | 105 | 60 | 42 | 19 | 29 | 55 | 58 | 54 | |
| Working Capital Days | -2 | 4 | -1 | -12 | 5 | 20 | 9 | 20 | |
| ROCE % | 7% | 6% | 12% | 29% | 27% | 13% | 4% | -0% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 53.12% | 53.12% | 53.12% | 53.12% | 53.12% | 53.12% | 53.13% | 53.13% | 53.13% | 53.13% | 53.13% | 53.26% |
| FIIs | 4.41% | 3.22% | 2.99% | 2.12% | 2.70% | 3.00% | 2.92% | 1.64% | 1.36% | 1.10% | 1.07% | 0.94% |
| DIIs | 22.83% | 24.53% | 25.81% | 26.76% | 27.70% | 28.47% | 28.62% | 28.76% | 29.62% | 28.45% | 28.40% | 28.49% |
| Government | 0.05% | 0.05% | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 19.57% | 19.06% | 18.00% | 17.98% | 16.46% | 15.40% | 15.31% | 16.46% | 15.88% | 17.32% | 17.40% | 17.29% |
| No. of Shareholders | 1,22,316 | 1,22,776 | 1,23,718 | 1,21,220 | 1,08,642 | 98,171 | 96,587 | 97,162 | 93,762 | 91,305 | 88,249 | 86,784 |
Fundamentals
Market Cap₹ 1,947 Cr.
Current Price₹ 159
Stock P/E290
Book Value₹ 111
ROCE-0.40 %
ROE-2.13 %
Dividend Yield0.31 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)12%
Compounded Profit Growth (TTM)-69%
Standalone figures.
Valuation
Market capRs 1,945 Cr
Enterprise valueRs 2,252 Cr
P/E (TTM)289.40x
Price to book1.40x
Price to sales1.25x
EV / EBITDA16.19x
EV / EBIT58.46x
EV / sales1.44x
Price to cash flow25.00x
Earnings yield0.35%
Dividend yield0.19%
P/E, 3-year average27.21x
P/B, 3-year average2.57x
P/E, 5-year average27.64x
P/B, 5-year average3.51x
Profitability
Operating margin (excl. other income)9.14%
Operating margin (incl. other income)10.71%
EBITDA margin8.91%
Pre-tax margin0.37%
Net profit margin0.43%
Net margin, latest quarter0.35%
ROE5.34%
ROCE4.48%
ROA3.58%
ROE, 3-year average12.36%
ROCE, 3-year average14.04%
ROA, 3-year average8.39%
ROE, 5-year average14.79%
ROCE, 5-year average16.44%
ROA, 5-year average9.13%
ROIC (approx.)2.36%
Tax rate-3.47%
Other income / net worth1.63%
Growth
Sales growth (latest year)-8.38%
Profit growth (latest year)-46.68%
Sales CAGR, 3 years-4.03%
Sales CAGR, 5 years10.80%
Profit CAGR, 3 years-32.39%
Profit CAGR, 5 years34.80%
Sales growth QoQ-12.31%
Profit growth QoQ-10.22%
Sales growth YoY (latest quarter)6.59%
Per share
EPS (TTM)Rs 0.55
EPS (latest year)Rs 5.88
EPS (latest quarter)Rs 0.10
EPS, 3-year averageRs 11.89
EPS, 5-year averageRs 12.18
Book value per shareRs 112.96
Sales per shareRs 127.29
Cash flow per shareRs 6.34
Free cash flow per shareRs 5.95
Dividend per share (latest year)Rs 0.30
Dividend per share, 3-year averageRs 1.10
Dividend per share, 5-year averageRs 1.20
Dividends
Dividend payout5.10%
Dividend payout, 3-year average8.90%
Dividend payout, 5-year average8.64%
Efficiency
Asset turnover0.67x
Fixed asset turnover0.92x
Inventory turnover4.84x
Inventory days75 days
Debtor days11 days
Debtors turnover34.36x
Creditor days55 days
Cash conversion cycle54 days
Working capital days20 days
Leverage
Total debtRs 413 Cr
Cash and bankRs 105 Cr
Net debtRs 308 Cr
Debt to equity0.30x
Net debt / EBITDA2.21x
Interest coverage1.18x
Current ratio (filing 2026-03-31)1.94x
Quick ratio (filing 2026-03-31)1.30x
Trade payables (filing 2026-03-31)Rs 118 Cr
Owners' fund to total sources64.85%
Debt to assets19.32%
Cash flow
Cash from Operating Activity (latest year)Rs 78 Cr
Cash from Investing Activity (latest year)Rs -166 Cr
Cash from Financing Activity (latest year)Rs 82 Cr
Net Cash Flow (latest year)Rs -6 Cr
Free cash flow (latest year)Rs 73 Cr
FCFE (approx.: FCF + change in debt)Rs 190 Cr
Cash from ops / profit, 5 years1.60x
Sales to cash flow18.45x
Statement figures
Net sales (TTM)Rs 1,561 Cr
Net sales (latest year)Rs 1,436 Cr
Sales (latest quarter)Rs 350 Cr
Operating profit excl. other income (latest year)Rs 131 Cr
Operating profit (latest quarter)Rs 30 Cr
Other income (TTM)Rs 14 Cr
EBITDA (TTM)Rs 139 Cr
PBDT (TTM)Rs 106 Cr
Profit before tax (TTM)Rs 6 Cr
Tax (latest year)Rs -2 Cr
Net profit (TTM)Rs 7 Cr
Net profit (latest year)Rs 72 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 101 Cr
Depreciation (latest quarter)Rs 25 Cr
Interest (TTM)Rs 33 Cr
Cost of goods sold (latest year)Rs 962 Cr
Total expenditure (latest year)Rs 1,305 Cr
Total income (latest year)Rs 1,458 Cr
Share capitalRs 12 Cr
ReservesRs 1,373 Cr
Shareholders' fundsRs 1,385 Cr
Total assetsRs 2,136 Cr
Net blockRs 1,559 Cr
Capital work in progressRs 11 Cr
InvestmentsRs 121 Cr
ReceivablesRs 42 Cr
InventoryRs 199 Cr
Other liabilitiesRs 338 Cr
Shares outstanding (crore)12.26
Ownership
Promoter holding53.26% (+0.13 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 289.4 is at the 89th percentile of its own 5.5-year range
(median 45.1, low 10.6, high 394.6).
P/B 1.40 is at the 8th percentile (median 3.92).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | GREENPANEL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -4.8% | -2.8% | -2.0 pts |
| 1 month | -0.9% | -6.8% | +5.9 pts |
| 3 months | -17.4% | -7.6% | -9.8 pts |
| 6 months | -7.4% | +0.4% | -7.8 pts |
| 1 year | -43.5% | -9.9% | -33.6 pts |
| 2 years | -59.3% | -13.6% | -45.7 pts |
| 3 years | -58.3% | +14.2% | -72.4 pts |
| 5 years | -51.2% | +27.9% | -79.1 pts |
25 mutual fund schemes hold about ₹510 Cr.
Over three months 7 bought more and 6 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| ICICI Pru Flexi Cap Fund | 0.26% | 68 | -14% |
| Sundaram Small Cap Fund | 1.37% | 57 | +45% |
| Franklin India Small Cap Fund | 0.37% | 55 | -4% |
| HDFC Mid Cap Fund | 0.04% | 49 | -33% |
| Bandhan Value Fund | 0.49% | 49 | -1% |
| Kotak Consumption Fund | 2.20% | 38 | -2% |
| Bandhan ELSS-Tax Saver Fund | 0.52% | 36 | -2% |
| Kotak Infra & Eco Reform Fund | 1.13% | 28 | -3% |
| Kotak Infra & Eco Reform Fund | 1.13% | 27 | -3% |
| Bandhan Flexi Cap Fund | 0.33% | 25 | -2% |
| Bandhan Small Cap Fund | 0.07% | 22 | -14% |
| Tata Flexi Cap Fund | 0.52% | 19 | -1% |
| Nippon India Value Fund | 0.14% | 13 | -1% |
| Aditya Birla SL Dividend Yield Fund | 0.45% | 7 | +100% |
| Bandhan Multi Asset Allocation Fund | 0.15% | 5 | -7% |
| Tata Multicap Fund | 0.14% | 5 | -4% |
| Sundaram LT Micro Cap Tax Adv Fund-Sr III- | 1.94% | 2 | -1% |
| Sundaram LT Micro Cap Tax Adv Fund-Sr IV | 2.97% | 1 | +49% |
| Sundaram LT Micro Cap Tax Adv Fund-Sr VI- | 2.95% | 1 | +50% |
| Sundaram LT Tax Adv Fund-Sr III | 2.93% | 1 | +50% |
| Sundaram LT Micro Cap Tax Adv Fund-Sr V- | 2.92% | 1 | +48% |
| Sundaram LT Tax Adv Fund-Sr IV | 2.92% | 1 | +53% |
| JM Small Cap Fund | 0.00% | 0 | -100% |
| LIC MF Small Cap Fund | 0.00% | 0 | -100% |
| Motilal Oswal BSE 1000 Index Fund | 0.00% | 0 |
Red flags
F-score 4 of 8| explain | Debt up, profit down Borrowings up 39% while net profit fell in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹350 Cr +6.6% vs Jun 2025.
Net profit ₹1 Cr +103.6%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Century Plyboards (India) Ltd | 14,774 | 49.8 | 11.5 % |
| Stylam Industries Ltd | 5,655 | 33.4 | 26.6 % |
| Greenlam Industries Ltd | 5,496 | 59.6 | 8.12 % |
| Greenply Industries Ltd | 3,500 | 31.3 | 14.3 % |
| Rushil Decor Ltd | 472 | 19.8 | 4.68 % |
| Archidply Industries Ltd | 200 | 14.5 | 10.2 % |
| Ecoboard Industries Ltd | 160 | -43.0 % | |
| Western India Plywoods Ltd | 139 | 4.04 % | |
| Airo Lam Ltd | 134 | 25.4 | 9.76 % |
| Duroply Industries Ltd | 110 | 81.2 | 7.73 % |
| Sylvan Plyboard (India) Ltd | 101 | 14.2 | 9.83 % |
| Manilam Industries India Ltd | 87 | 42.6 | 8.47 % |
| Milton Industries Ltd | 60 | 33.1 | 5.98 % |
| Lamosaic India Ltd | 52 | 31.7 | 4.52 % |
| Archidply Decor Ltd | 38 | 764 | 2.45 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-07-31 | Dividend - Re 0.50 Per Share | |
| 2025-02-18 | Interim Dividend - Re 0.30 Per Share | |
| 2024-02-09 | Interim Dividend - Rs 1.50 Per Share | |
| 2023-02-09 | Interim Dividend - Rs 1.50 Per Share | |
| 2022-08-26 | Annual General Meeting | |
| 2022-02-03 | Interim Dividend - Rs 1.50 Per Share | |
| 2021-06-29 | Annual General Meeting | |
| 2020-09-10 | Annual General Meeting |
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Scrip PE is greater than 50 (4 trailing quarters)
Quick answers
What is the market cap of Greenpanel Industries Ltd?
Greenpanel Industries Ltd (GREENPANEL) has a market capitalisation of Rs 1,947 Cr. at the 2026-10-01 close.
What is the P/E ratio of Greenpanel Industries Ltd?
Greenpanel Industries Ltd trades at a P/E of 290 on trailing twelve-month profit, at the 2026-10-01 close.
What were Greenpanel Industries Ltd's latest quarterly results?
In the Jun 2026 quarter, Greenpanel Industries Ltd sales was Rs 350 Cr (+6.6% vs Jun 2025) and net profit was Rs 1 Cr.
What is the 52-week high and low of Greenpanel Industries Ltd?
The 52-week high is Rs 314.40 and the 52-week low is Rs 148.51.