Greenlam Industries FY26 Net Profit at ₹56.02 Cr; Q4 Revenue Surges 25.8%
Greenlam Industries posted FY26 consolidated net revenues of ₹3,046.08 crore, up 18.6% YoY, while net profit declined 18.1% to ₹56.02 crore. Q4FY26 showed a strong turnaround with net profit of ₹40.55 crore versus ₹1.47 crore in Q4FY25, and EBITDA margins improving to 12.59% from 9.38%. The Board recommended a final dividend of Re. 0.40 per share and approved the voluntary liquidation of its step-down subsidiary PT Greenlam Asia Pacific (Batam).
*this image is generated using AI for illustrative purposes only.
Greenlam Industries has announced its audited consolidated financial results for the financial year ended March 31, 2026. The company reported a net profit of ₹56.02 crore for the full year, a decrease of 18.1% compared to ₹68.35 crore in the previous year. Net revenues for FY26 stood at ₹3,046.08 crore, registering a growth of 18.6% from ₹2,569.34 crore in FY25. EBITDA before forex impact and exceptional items increased by 21.0% to ₹334.2 crore.
Q4 Performance
In the fourth quarter, the company reported a significant turnaround in profitability with a net profit of ₹40.55 crore, compared to ₹1.47 crore in the corresponding quarter of the previous year. Net revenues for Q4FY26 grew by 25.8% year-on-year to ₹857.66 crore. EBITDA before forex impact and exceptional items rose by 57.1% to ₹107.4 crore, with margins expanding to 12.59% from 9.38% in Q4FY25.
Dividend and Board Decisions
The Board of Directors recommended a final dividend of Re. 0.40 per equity share of Re. 1 each for the financial year ended March 31, 2026. This dividend is subject to the approval of shareholders at the 13th Annual General Meeting scheduled for July 29, 2026. Additionally, the Board approved the voluntary liquidation of PT Greenlam Asia Pacific (Batam), a step-down subsidiary, and the re-appointment of Mr. Yogesh Kapur as an Independent Director for a second term of five consecutive years.
Financial Metrics
The following table summarises the key annual consolidated financial metrics:
| Metric (₹ in Cr) | FY26 | FY25 | Growth % (y-o-y) |
|---|---|---|---|
| Net Sales | 3046.08 | 2569.34 | 18.6% |
| EBITDA* | 334.2 | 276.1 | 21.0% |
| Profit after Tax | 56.02 | 68.35 | -18.1% |
| Basic EPS (₹) | 2.20 | 2.68 |
*EBITDA is before forex fluctuations and exceptional items
The following table highlights the key Q4 performance metrics on a year-on-year basis:
| Metric | Q4FY26 | Q4FY25 | Change |
|---|---|---|---|
| Net Revenue (₹ Cr) | 857.66 | — | +25.8% YoY |
| Net Profit (₹ Cr) | 40.55 | 1.47 | Turnaround |
| EBITDA (₹ Cr)* | 107.4 | — | +57.1% YoY |
| EBITDA Margin | 12.59% | 9.38% | +321 bps |
*EBITDA is before forex fluctuations and exceptional items
Historical Stock Returns for Greenlam Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.29% | +4.44% | +12.50% | +0.76% | +5.02% | +120.92% |
Will Greenlam Industries be able to sustain the Q4FY26 EBITDA margin expansion of 12.59% into FY27, or were there one-time factors driving the improvement?
How will the voluntary liquidation of PT Greenlam Asia Pacific (Batam) affect Greenlam's broader Southeast Asia expansion strategy and future international revenue contribution?
Given that net profit declined 18.1% despite 18.6% revenue growth, what specific cost pressures or exceptional items are expected to ease in FY27 to improve bottom-line conversion?
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