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Prices as of 9 Oct 2026 close · Not investment advice

Greenply Industries Limited

NSE: GREENPLYPlywood Boards/ Laminates

Share price

₹306.70

+0.33% close of 9 Oct 2026

Market cap ₹3,680 CrP/E 32.9

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

65

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹3,680 Cr

P/E ratio

32.9

P/B ratio

4.3

ROCE

14.3%

ROE

11.9%

Dividend yield

0.2%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹329.6552-week low ₹180.31

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 14.3% over the past year, and 7.3% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 10.1% to 9.0% over the last four years.

Whether it grew faster than its sector

It grew 7.3% a year against a sector median of 11.3% — 4.0 percentage points slower.

Room to re-rate, or risk of de-rating

At 32.9× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 49.5×, across 5 companies. It is against its own five-year median of 36.4×, the 39th percentile of its own range.

Whether growth justifies the valuation

Priced at 5.5 times its growth rate, on earnings growth of 6%.

Profit growthPrice per ₹1 profitPer 1% growth
Greenply Industries Limited — this one6%/yr32.9×₹5.5
Century Plyboards (India) Limited-12%/yr49.5×—
Stylam Industries Limited15%/yr31.0×₹2.1
Greenlam Industries Limited-23%/yr59.0×—
Greenpanel Industries Limited26%/yr274.6×₹10.6
Euro Pratik Sales Limited—20.5×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Plywood Boards/ Laminates), it ranks 3 of 11 on returns, 9 of 11 on growth, 5 of 11 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A narrow advantage: it earns 14.3% on capital, ahead of 73% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years it made ₹731 crore of cash from the business but spent ₹1003 crore on plant and equipment, ₹272 crore more than it made; the gap was from lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 163 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall. Its cash comes back more slowly than it used to: it went from being waiting 4 days for its cash to waiting 22 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 9 checks clear · 89%

Latest result

What the last results showed. Whether management kept its word is in Pro.

Results are expected soon.

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹3,680 Cr
Prev close
₹306.70
52w High
₹334
52w Low
₹176
Enterprise value
₹4,167 Cr
Beta
1.3
Price CAGR 1y
6.0%
Price CAGR 3y
24.0%
Price CAGR 5y
12.0%
Price CAGR 10y
3.0%

Ratios

Return on assets
4.6%
PEG ratio
5.7
P/E ratio
32.9
P/B ratio
4.3
EV / EBITDA
15.9
Industry P/E
34.2
ROCE
14.3%
ROCE 5y average
13.2%
ROE
11.9%
Debt / Equity
0.6
Interest coverage
3.3
Dividend yield
0.2%
ROE 3y average
11.0%
ROE last year
12.0%

Annual P&L

Annual revenue
₹2,739 Cr
Annual profit
₹90 Cr
Operating margin
9.0%
Net profit margin
3.3%
EBITDA margin
8.8%
Sales growth 3y
18.1%
Sales growth 5y
18.6%
Profit growth 3y
6.0%
Profit growth 5y
10.0%
EPS
₹7.2
Sales growth TTM
14.0%
Profit growth TTM
34.0%
Dividend payout
7.0%

Quarter P&L

Sales latest quarter
₹725 Cr
Profit latest quarter
₹38 Cr
YoY quarterly sales growth
20.7%
YoY quarterly profit growth
35.7%
OPM latest quarter
10.0%

Balance Sheet

Book Value
₹74.5
Face Value
₹1.0
Total debt
₹515 Cr
Total cash
₹28 Cr
Borrowings
₹515 Cr
Reserves / Equity
73.5

Cash Flow

Operating cash flow
₹247 Cr
Free cash flow
₹91 Cr
FCF yield
1.0%
Net cash flow
₹17 Cr

Shareholding

Promoter holding
51.9%
FII holding
4.4%
DII holding
31.4%
Public holding
12.2%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Century Plyboard683.5051.215,1860.1583.354.81,561.433.511.5
Stylam Industrie3,351.6033.55,6800.0048.270.4326.515.426.6
Greenlam Industr210.5058.25,3710.1921.2238.7796.718.28.1
Greenply Industr310.7534.73,8810.1637.650.5724.920.614.3
Greenpanel Inds.159.12290.41,9510.311.2103.5349.86.6-0.4
Euro Pratik Sale179.1221.21,8310.1120.124.8103.360.136.9
Rushil Decor15.1718.64450.332.0114.8228.929.14.7
Median161.1934.11,1380.133.852.7208.919.48.9

Competes with: Airo Lam limited, Archidply Decor Limited, Archidply Industries Limited, Century Plyboards (India) Limited, Euro Pratik Sales Limited, Greenlam Industries Limited, Greenpanel Industries Limited, Rushil Decor Limited, Stylam Industries Limited, The Western India Plywoods Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales430568582600584640614649601689673776725
Expenses404519532543531587564602548638622690652
Material Cost258267248302275293
Change in Inventories-40-3463-47550.95
Purchases of Stock-in-Trade161110117146124123
Employee Cost798190909099
Other Expenses122114113124139131
Operating Profit27485057535351465251518773
OPM %6.228.498.649.509.148.318.257.168.737.397.601110
Other Income-3-21646236182-3-132
Exceptional items (within Other Income)04.430-3.85-150
Interest8121591014513191310137
Depreciation11141515151515151516171717
Profit before tax5213738342633243623224449
Tax %8233262523227322131352924
Net Profit1142728331824172816143138
EPS in Rs0.071.132.172.292.671.421.961.322.281.281.152.463
Diluted EPS in Rs1.332.281.271.152.483.01

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,5671,6461,6689121,4121,4201,1651,5631,6632,1802,4882,7392,863
Expenses1,3551,4031,4218481,2661,2651,0501,4131,5301,9942,2842,4972,602
Material Cost9831,093
Change in Inventories-7937
Purchases of Stock-in-Trade579497
Employee Cost316351
Other Expenses450490
Operating Profit21124324764146156115150133185204242261
OPM %13151571011101089899
Other Income1574866-486121212163-12
Exceptional items (within Other Income)0-15
Interest383119819211712943435544
Depreciation47505118222623262655606567
Profit before tax1411701811241116181125111100117125139
Tax %122431112822252417302228
Net Profit124128125111804761959170929099
EPS in Rs1011109.026.503.854.977.737.445.667.347.177.89
Diluted EPS in Rs7.347.18
Dividend Payout %6667610867977

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
5%
5 years
19%
3 years
18%
TTM
14%

Compounded profit growth

10 years
-3%
5 years
10%
3 years
6%
TTM
34%

Stock price CAGR

10 years
3%
5 years
12%
3 years
24%
1 year
6%

Return on equity

10 years
14%
5 years
13%
3 years
11%
Last year
12%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital121212121212121212121212
Reserves474602760865323366424526632697796882
Borrowings332270446712250279203309695549515515
Other Liabilities331316356521302305275311341405627550
Minority Interest0.280.54
Total Liabilities1,1491,2001,5752,1118879629151,1591,6801,6631,9511,960
Fixed Assets533542526580252314308353459865857907
CWIP1492697701756110513124450
Investments35292618222423266436755
Other Assets567620754742596619578671702742983948
Total Assets1,1491,2001,5752,1118879629151,1591,6801,6631,9521,962

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity18719121211398582289262111219247
Cash from Investing Activity-105-63-363-328-89-58-124-130-410-144-147-152
Cash from Financing Activity-82-100190164-28-19-928031847-83-78
Net Cash Flow12839-50-19-201242-3014-1117
Free Cash Flow102122-158-216142210-138-350-2114592

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days6074651147992614450424754
Inventory Days76556515072779688989612782
Days Payable92998614299101109848692132101
Cash Conversion Cycle4530451225268474763464335
Working Capital Days172410-013157429222322
ROCE %152419101221151811111214

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters525252525252525252525252
FIIs2.074.104.134.915.605.765.424.524.494.354.194.44
DIIs323030303131313232323231
Public131414131212121111121212
No. of Shareholders49,20446,17951,37548,07354,00752,91853,46553,18252,56352,37653,76752,337

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +4.9% (₹292.25 → ₹306.70)Brick size ₹10.71 (fixed)Bricks 36
₹200₹250₹307Nov '25Mar '26Jun '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹306.70 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

company capacity utilisation %

92.00pct

2026-06-30

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

487inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

76,34,605inr

2026-03-31

News

News and filings about Greenply Industries Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • Face veneer
  • Resin & chemicals (phenol, formaldehyde, melamine; ~30% of MDF raw-material cost)
  • Timber / logs / plantation timber

Depends on the price of

  • coal
  • timber/logs

Buys from

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Consumer Durables
Industry
Plywood Boards/ Laminates
Classification
Consumer Durables › Plywood Boards/ Laminates
ISIN
INE461C01038

Business segments

  • Plywood and allied products · 77%
  • Medium density fibreboards and allied products · 23%

Plants

  • Greenply Bamanbore plywood unit
  • Greenply Kriparampur plywood unit
  • Greenply PVC / WPC plant
  • Greenply Sandila plywood unit
  • Greenply Speciality Panels MDF unit · Sherpura, Vadodara, Gujarat
  • Greenply Tizit plywood unit

News impact

Big market events that reach Greenply Industries Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

4 Aug 2026unspecified₹0.5
4 Aug 2025unspecified₹0.5
5 Aug 2024unspecified₹0.5
18 Aug 2023unspecified₹0.5
18 Aug 2022unspecified₹0.5
12 Aug 2021unspecified₹0.4
27 Aug 2020unspecified₹0.4
29 Aug 2019unspecified₹0.4

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Bulk & block deals

DateWhoBought / soldSharesPrice
29 Apr 2026NK SECURITIES RESEARCH PRIVATE LIMITEDBUY35,37,170₹286.62
29 Apr 2026NK SECURITIES RESEARCH PRIVATE LIMITEDSELL35,37,170₹286.79
29 Apr 2026BLITZQUANT RESEARCH LLPSELL14,38,074₹286.74
29 Apr 2026BLITZQUANT RESEARCH LLPBUY14,38,074₹286.60
29 Apr 2026ELIXIR WEALTH MANAGEMENT PRIVATE LIMITEDBUY14,37,076₹287.20
29 Apr 2026IRAGE BROKING SERVICES LLPBUY14,26,195₹286.48
29 Apr 2026ELIXIR WEALTH MANAGEMENT PRIVATE LIMITEDSELL13,87,419₹288.13
29 Apr 2026IRAGE BROKING SERVICES LLPSELL12,66,416₹286.59
29 Apr 2026QE SECURITIES LLPBUY12,33,829₹288.13
29 Apr 2026QE SECURITIES LLPSELL12,17,593₹287.22

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.