Greenpanel Industries
223.75
-5.34(-2.33%)
Market Cap₹2,743.79 Cr
PE Ratio19.76
Company Performance:
1D-2.33%
1M-3.14%
6M-30.07%
1Y-34.29%
5Y+25.17%
View Company Insightsright
More news about Greenpanel Industries
10Nov 25
Greenpanel Industries Reports Strong Q2 FY26 Performance with 30.5% Volume Growth in MDF Segment
Greenpanel Industries, a leading Indian wood panel manufacturer, reported robust Q2 FY26 results. Revenue increased by 20.7% year-on-year to 389.40, with operating EBITDA improving to 10.2%. The MDF segment showed exceptional growth, with domestic volumes up 30.5% year-on-year. The company launched new products, improved its cash conversion cycle to 30 days, and reduced net debt to Rs 173.00 crores. Credit ratings were reaffirmed at A+ by ICRA and CARE. However, net profit was impacted by foreign exchange losses on Euro-denominated borrowings.
 no imag found
04Nov 25
Greenply Industries Reports Slight Dip in Q2 EBITDA and Margin
Greenpanel Industries, a key player in the wood-based panel products industry, reported a marginal decline in Q2 financial performance. EBITDA decreased by 1.56% to ₹567 million from ₹576 million year-over-year. EBITDA margin contracted by 0.76 percentage points to 8.24% from 9.00%. The company announced an upcoming investor conference call on November 10, 2025, to discuss the Q2 and half-year results ending September 30, 2025.
 no imag found
11Sept 25
Greenpanel Industries Shares Surge 13% on Record Trading Volumes
Greenpanel Industries' stock soared 13% on September 11, marking its largest single-day increase since November 2019. The company experienced record trading volumes with approximately 1.5 crore shares traded, significantly exceeding the 20-day average. The stock broke above key technical levels, surpassing both 50-day and 200-day moving averages. Despite the recent rally, shares remain down 18% year-to-date. The RSI reached 73, indicating overbought conditions. Analyst recommendations are mixed, with 10 Buy, 7 Hold, and 3 Sell ratings.
 no imag found
18Aug 25
Greenpanel Industries Addresses Oversight in CIO Resignation Disclosure
Greenpanel Industries has submitted the resignation letter of its Chief Information Officer, Jayanta Bhowmik, to the stock exchange, addressing an inadvertent omission in previous regulatory filings. Bhowmik's resignation, effective from August 7, 2025, was initially disclosed on July 30 and August 8, 2025. He joined the company on December 26, 2022, and resigned on May 29, 2025, citing better career opportunities. Greenpanel emphasized that the oversight was unintentional and reaffirmed its commitment to regulatory compliance and corporate governance standards.
 no imag found
08Aug 25
Greenpanel Industries Appoints New CIO, Reaffirms Credit Ratings
Greenpanel Industries has appointed Vineet Bansal as its new Chief Information Officer, effective August 8, 2025. ICRA Limited reaffirmed the company's short-term credit rating at [ICRA]A1+ and assigned [ICRA]A+ (Negative) for long-term facilities. The company's 8th Annual General Meeting approved financial statements, confirmed an interim dividend, and made key appointments.
 no imag found
04Aug 25
Greenpanel Industries Faces Headwinds in Q1, Maintains Optimistic Outlook
Greenpanel Industries reported a challenging Q1 with consolidated revenues declining to Rs. 323.00 crore. MDF revenue fell 12% year-on-year due to domestic volume decrease and export drop. The company faced negative EBITDA of Rs. 12.40 crore and negative PAT of Rs. 34.60 crore, impacted by forex losses and new plant stabilization costs. Despite challenges, gross margins improved to 47%, and the company maintained volume and margin guidance. Greenpanel is focusing on market share recovery through cost optimization and operating leverage, targeting 30-35% capacity utilization for its new thin MDF plant this fiscal year.
 no imag found
30Jul 25
Greenpanel Industries Reports Q1 Results Amid Expansion and Currency Challenges
Greenpanel Industries, India's largest wood panel manufacturer, reported a net loss of ₹34.62 crore in Q1 FY24, down from a profit of ₹15.71 crore in Q1 FY23. Total income decreased by 10.60% to ₹331.61 crore. The MDF segment saw revenue decline to ₹296.74 crore with EBITDA margin dropping to 4.40%. The company is expanding MDF capacity to 891,000 CBM and focusing on value-added products. Export volumes fell 39.70% due to geopolitical issues. A significant foreign exchange loss of ₹275.43 crore impacted results. Despite challenges, the company remains committed to long-term growth through capacity expansion and distribution network growth.
 no imag found
30Jul 25
Greenpanel Industries Faces Setback as DGGI Conducts Searches and Q1 Results Show Losses
Greenpanel Industries, India's largest wood panel manufacturer, is facing challenges due to DGGI searches at multiple locations and significant Q1 losses. The Meerut Zonal unit of DGGI conducted searches at the company's facilities, but no official document regarding violations has been issued. In Q1, the company reported a net loss of ₹34.62 crore, a 320.3% year-on-year decline. Factors contributing to the loss include a foreign exchange loss of ₹275.43 crore due to ECB loan revaluation, poor performance in the MDF segment, and operational challenges. The company's management remains focused on increasing domestic volumes and improving value-added products ratio.
 no imag found
30Jul 25
Greenpanel Industries Reports Loss of ₹3,462.36 Lakhs in Q1, Appoints New CIO
Greenpanel Industries posted a net loss of ₹3,462.36 lakhs in Q1 FY24, compared to a profit of ₹1,571.49 lakhs in Q1 FY23. Revenue declined 10% year-over-year to ₹32,819.35 lakhs. The loss was primarily attributed to a ₹2,754.27 lakhs foreign exchange loss due to ECB loan revaluation. The company's MDF segment generated ₹29,674.25 lakhs in revenue, while the Plywood segment contributed ₹3,145.10 lakhs. Greenpanel also announced the appointment of Mr. Vineet Bansal as the new CIO, effective August 8.
 no imag found
23May 25
Greenpanel Industries Reports Mixed Q4 Performance with MDF Revenue Decline
Greenpanel Industries faced a 15% YoY decline in MDF revenue in Q4, with overall volumes dropping 20%. Domestic volumes fell 25% due to discontinuation of commercial grade MDF. However, exports grew 34%, with realizations improving across markets. The company benefited from the EPCG scheme, supporting its export growth. IDBI Capital maintained a Hold rating on the stock.
 no imag found
22May 25
Greenpanel Industries Q4 Results: Revenue and EBITDA Dip, Net Profit Stable
Greenpanel Industries reported Q4 revenue of ₹3.75 billion, down 5.5% year-over-year. EBITDA decreased 7% to ₹479.5 million, with a slight margin contraction to 12.8%. Despite these challenges, net profit remained relatively stable at ₹293.9 million. The company showed significant quarter-over-quarter improvement, with net profit increasing from ₹85 million in the previous quarter.
 no imag found
26Feb 25
Greenpanel Industries Launches Trial Production at New MDF Plant in Tirupati
Greenpanel Industries has started trial production at its new Medium Density Fiberboard (MDF) plant in Tirupati, Andhra Pradesh. The facility has an annual capacity of 231,000 CBM and is currently producing thin MDF boards (1.5-1.7 mm). The plant's commissioning was delayed due to late delivery of imported equipment caused by global geopolitical issues. Commercial production date is yet to be announced.
 no imag found
Greenpanel Industries
223.75
-5.34
(-2.33%)
1 Year Returns:-34.29%
Industry Peers
Century Plyboards
762.35
(-5.16%)
Greenlam Industries
239.53
(-0.17%)
Stylam Industries
2,189.30
(-1.06%)
Greenply Industries
225.89
(+0.35%)
Greenpanel Industries
223.75
(-2.33%)
Rushil Decor
19.25
(-1.08%)
Archidply
85.62
(-1.48%)
Duroply Industries
148.85
(-2.81%)
Airo Lam
94.26
(+1.50%)
Western India Ply
148.10
(-2.50%)