Greenply Industries share price rises 15% on robust Q4 results, dividend announcement; here's what management said

The stock rose as much as 14.58% to ₹291.72 per share on the National Stock Exchange (NSE). At 9:42 am, it was up 11.77% to ₹284.55 apiece.

Greenply Industries Q4 results

Greenply Industries on Tuesday posted an 86.40% increase in its consolidated net profit attributable to owners of the company to ₹30.72 crore for Q4 FY26. The company had reported a profit of ₹16.48 crore in the January-March quarter a year ago.

Its revenue from operations surged 19.64% to ₹776.24 crore in the final quarter of FY26, compared to ₹648.77 crore in the same period of the previous fiscal year.

Greenply, in an exchange filing, said that it "achieved its highest ever consolidated revenue" in Q4/FY26.

During the quarter, its revenue from plywood and allied products advanced 14.6% to ₹588.5 crore.

Its medium-density fibreboard (MDF) business saw a 39.6% increase to ₹189.4 crore.

The company also recommended a final dividend of ₹0.50 per share of ₹1 each for the fiscal 2026. The record date is fixed as August 4.

Commenting on the financial performance, Sanidhya Mittal, JMD, Greenply Industries, said, "I am happy to share that, Greenply Industries successfully delivered on its H2 FY26 guidance, achieving double-digit year-on-year growth in both volume and value across its business segments. In Q4 FY26, consolidated core EBITDA margins improved to 12.0%, reflecting a strong expansion of 330 basis points over the previous quarter."

"The plywood business delivered a satisfactory performance in Q4, with strong year-on-year volume growth of 15.6% and EBITDA margins of 10.4%...Q4 FY26 marked first fully operational quarter post expansion in our MDF business, enabling us to achieve a strong sales growth of 39.6% while delivering margins in line with our guidance," he added.