1. Greenpanel Industries
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65% Buy

Greenpanel Industries Share Price

GREENPANEL

₹352.90+₹0.85 (0.24%) TodayLast updated on 06 Dec, 2024 | 15:29 IST

Greenpanel Industries Share Price Chart

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  • About Greenpanel Industries
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About Greenpanel Industries

Greenpanel Industries Financials

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Market cap
Market Cap Switch₹4,331 Crs
Open
₹350.15
Close
₹352.05
Circuit range
₹423.75 - ₹282.55
Day range
₹349.90 - ₹357.45
Year range
₹267.95 - ₹449.90
Volume
71,170
Avg. traded
₹353.85
Revenue (12m)
₹1,484 Crs
Greenpanel Industries

Greenpanel Industries Ltd is India’s largest wood panel manufacturer offering medium-density fibreboard, plywood and flooring as its key products.

Apart from supplying its products domestically, Greenpanel also exports to 12 countries (majorly to the UAE and Southeast Asian countries). It enjoys a leadership position with a 27% market share in the organised medium-density fibreboard segment in India.

The company has a network of over 2,300 distributors in India, with over 12,000 retailers selling its products.

The company’s manufacturing units are located at Rudrapur in Uttarakhand and Tirupati in Andhra Pradesh with a combined annual capacity of 660,000 cubic metres (CBM). Greenpanel’s manufacturing facility in Tirupati is Asia’s largest medium-density fibreboard (MDF) plant, spanning across 200 acres.

During 2022-23, Greenpanel announced the commissioning of a new MDF plant at its existing manufacturing unit in Andhra Pradesh with an additional installed capacity of 231,000 CBM per annum. The additional capacity will increase MDF production capacity of the company by 35% to 891,000 CBM per annum. The commercial production of the plant is expected to begin in the first quarter of 2024-25.

Greenpanel Industries operated earlier as a wholly owned subsidiary of Greenply Industries Ltd. In 2018, Greenply decided to demerge its medium-density fibreboard business. The demerged entity was named Greenpanel Industries and was listed on exchanges on October 23, 2019.

As of January 4, 2024, Greenpanel Industries’ market capitalisation stood at over ₹5,200 crore. Greenpanel share price has surged over 230% in the past three years.

Business operations

Greenpanel’s leading segment is its MDF business that accounted for 86% of its revenue in 2022-23. The plywood business contributed the remaining 14% to the company’s revenue.

MDF segment:

The company’s medium-density fibreboard product range includes interior grade, exterior grade, club grade, pre-laminated, carb and E-1 and fire-resistant MDF.

This segment also includes different products available for residential and various commercial flooring applications. There are two collections in this range – the Prima collection and the Personal collection. The company sells decorative doors and commercial doors. Decorative doors are available in three variants – natural teak doors, laminated doors and natural veneer doors.

Plywood segment:

The company has a 4% share of the organised plywood market in India. Greenpanel manufactures premium grade plywood with its product range including club grade, BWP grade, MR grade and G Pro grade plywood.

Financial highlights

Greenpanel Industries did not have a smooth run in 2022-23 as the company witnessed a steep increase in its raw material cost. On top of that, domestic sales volumes were hit, both in the MDF and plywood segments. Though, higher exports compensated for some of the decline in domestic sales volume during the year. The company’s consolidated revenue stood at ₹1,778.55 crore in FY23, up 12.16% from ₹1,585.74 crore in FY22. Greenpanel’s EBITDA was down 0.8% to ₹435.87 crore in FY23 compared with ₹439.39 crore in FY22. EBITDA margins fell 320 basis points to 24.51% in FY23 compared with 27.71% in FY22. The profit after tax (PAT) stood at ₹256.51 crore in FY23, up 6.67% from ₹240.47 crore in FY22.

Greenpanel Industries Key indicators

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52 week high
₹449.90
52 week low
₹267.95
P/E ratio
43.94
P/B ratio
3.29
ROE
10.74%
ROCE
13.14%
Dividend yield
0.42%
Debt/Equity ratio
0.2
EPS
11.03

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Investment checklist: (4/6)
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Safety factor

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Growth factor

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Debt vs Equity

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Profit factor

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Analyst ratings:

Buy

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Buy

65%

Hold

29%

Sell

6%

This analysis is based on the reviews of 17 experts in the last 7 days

Greenpanel Industries Fundamentals

Greenpanel Industries Financial Ratios

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  • Profitability

  • Operational

  • Valuation

Operating profit margin

15.77%

Net profit margin

7.97%

ROE

10.74%

ROA

7.52%

ROCE

13.14%

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Greenpanel Industries Shareholder returns

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1 day
+0.31%
1 week
+1.67%
1 month
-8.61%
3 months
-11.12%
1 year
+1.77%
3 years
-7.69%
5 years
+680.44%

Revenue statement

All values are in ₹ Crores (Cr)
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  • Revenue

  • Operating profit

  • Net profit

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Cash flow

All values are in ₹ Crores (Cr)
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  • Operating

  • Investing

  • Financing

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Balance sheet

All values are in ₹ Crores (Cr)
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Total assets

Total liabilities

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Greenpanel Industries Share Price history

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DayOpenCloseChange %
Fri, Dec 6 2024
₹350.15
₹353.15
+0.31%
Thu, Dec 5 2024
₹357.60
₹352.05
-1.28%
Wed, Dec 4 2024
₹362.65
₹356.60
-0.34%
Tue, Dec 3 2024
₹353.00
₹357.80
+0.72%
Mon, Dec 2 2024
₹347.35
₹355.25
+2.27%
Fri, Nov 29 2024
₹344.70
₹347.35
-0.13%
Thu, Nov 28 2024
₹349.70
₹347.80
+0.67%
Wed, Nov 27 2024
₹342.05
₹345.50
+1.01%

Greenpanel Industries Shareholding Pattern

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Promoters (53.13%)

Mutual Funds (27.42%)

Retail and other (16.58%)

Foreign institutions-FII (2.7%)

Other domestic institutions (0.18%)

Promoters

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Events

Corporate actions

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  • Dividend • ₹1.5/share

    Ex date 09 Feb 2024

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  • Dividend • ₹1.5/share

    Ex date 09 Feb 2023

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  • Dividend • ₹1.5/share

    Ex date 03 Feb 2022

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FAQs on Greenpanel Industries

What is the Greenpanel Industries share price today?

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Greenpanel Industries share price is ₹ 352.90 today.

What is today’s high & low share price of Greenpanel Industries?

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Greenpanel Industries share price high: ₹ 357.45 and low: ₹ 349.90

What is the Greenpanel Industries share price high and low in the last 52 weeks on the NSE?

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52 Week share High Price is ₹ 449.90 and Low Price is ₹ 267.95

What is the Greenpanel Industries Stock Symbol?

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The Greenpanel Industries Stock symbol is GREENPANEL.

Can I buy Greenpanel Industries shares on Holidays?

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No, shares of Greenpanel Industries or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell Greenpanel Industries shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.