Greenlam Industries Ltd
Greenlam Industries is engaged in the business of manufacturing laminates, decorative veneers and allied products. [1]
- Market Cap ₹ 6,523 Cr.
- Current Price ₹ 511
- High / Low ₹ 662 / 431
- Stock P/E 47.1
- Book Value ₹ 84.6
- Dividend Yield 0.32 %
- ROCE 15.2 %
- ROE 14.7 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 6.05 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Plywood Boards/Laminates Industry: Miscellaneous
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 845 | 937 | 970 | 1,061 | 1,196 | 1,227 | 1,126 | 1,559 | 1,851 | 2,124 | 2,200 | |
0 | 753 | 813 | 846 | 924 | 1,057 | 1,066 | 962 | 1,397 | 1,656 | 1,857 | 1,931 | |
Operating Profit | -0 | 92 | 124 | 124 | 137 | 139 | 162 | 164 | 163 | 195 | 267 | 269 |
OPM % | 11% | 13% | 13% | 13% | 12% | 13% | 15% | 10% | 11% | 13% | 12% | |
0 | 1 | 1 | 2 | 2 | 2 | 22 | -9 | 15 | 34 | 33 | 33 | |
Interest | 0 | 28 | 28 | 25 | 16 | 15 | 20 | 16 | 13 | 23 | 37 | 43 |
Depreciation | 0 | 30 | 32 | 33 | 33 | 34 | 49 | 52 | 54 | 58 | 74 | 80 |
Profit before tax | -0 | 36 | 65 | 67 | 90 | 91 | 114 | 87 | 110 | 148 | 189 | 179 |
Tax % | 0% | 25% | 38% | 36% | 34% | 29% | 19% | 23% | 22% | 18% | 23% | |
-0 | 27 | 40 | 43 | 59 | 65 | 93 | 67 | 85 | 121 | 146 | 139 | |
EPS in Rs | -0.20 | 2.21 | 3.34 | 3.55 | 4.90 | 5.39 | 7.67 | 5.54 | 7.07 | 9.52 | 11.44 | 10.86 |
Dividend Payout % | 0% | 5% | 6% | 8% | 10% | 11% | 10% | 18% | 17% | 16% | 14% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | 24% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | 161% |
5 Years: | 17% |
3 Years: | 24% |
TTM: | -2% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 22% |
3 Years: | 22% |
1 Year: | -14% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 16% |
3 Years: | 15% |
Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.05 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 13 | 13 | 13 |
Reserves | -0 | 215 | 252 | 292 | 346 | 404 | 479 | 546 | 620 | 908 | 1,034 | 1,066 |
0 | 268 | 254 | 238 | 204 | 238 | 250 | 275 | 370 | 455 | 526 | 597 | |
0 | 219 | 248 | 188 | 211 | 219 | 292 | 284 | 307 | 353 | 403 | 431 | |
Total Liabilities | 0 | 714 | 767 | 730 | 773 | 873 | 1,033 | 1,117 | 1,309 | 1,729 | 1,975 | 2,107 |
0 | 311 | 338 | 312 | 321 | 323 | 411 | 399 | 393 | 443 | 621 | 619 | |
CWIP | 0 | 9 | 4 | 5 | 1 | 22 | 16 | 17 | 5 | 125 | 34 | 19 |
Investments | 0 | 17 | 24 | 24 | 24 | 24 | 71 | 177 | 287 | 488 | 575 | 625 |
0 | 376 | 401 | 388 | 426 | 504 | 536 | 524 | 624 | 674 | 745 | 844 | |
Total Assets | 0 | 714 | 767 | 730 | 773 | 873 | 1,033 | 1,117 | 1,309 | 1,729 | 1,975 | 2,107 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|
0 | 157 | 110 | 124 | 92 | 46 | 129 | 190 | 51 | 154 | 218 | |
0 | -96 | -67 | -14 | -37 | -56 | -79 | -154 | -122 | -383 | -160 | |
0 | -60 | -44 | -106 | -55 | 11 | -30 | -50 | 69 | 227 | -47 | |
Net Cash Flow | 0 | 2 | -1 | 4 | 0 | 1 | 19 | -14 | -2 | -2 | 11 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 51 | 49 | 45 | 47 | 42 | 36 | 44 | 29 | 24 | 26 | |
Inventory Days | 134 | 146 | 140 | 150 | 153 | 183 | 201 | 180 | 160 | 164 | |
Days Payable | 126 | 129 | 84 | 96 | 81 | 87 | 130 | 98 | 90 | 104 | |
Cash Conversion Cycle | 59 | 66 | 101 | 101 | 114 | 132 | 115 | 111 | 95 | 87 | |
Working Capital Days | 59 | 56 | 65 | 64 | 78 | 78 | 78 | 75 | 61 | 57 | |
ROCE % | 26% | 18% | 17% | 19% | 18% | 19% | 15% | 14% | 14% | 15% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
12 Nov - Schedule of Analyst / Institutional Investor Meet. For complete details please refer attached document.
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Announcement under Regulation 30 (LODR)-Credit Rating
8 Nov - ICRA withdraws ratings for repaid NCDs.
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Incorporation Of A Subsidiary Company In Spain
7 Nov - Incorporation of Greenlam Industries S.L. in Spain.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
6 Nov - Transcript of Earnings Call (Group Conference Call) held on October 29, 2024 to discuss operational and financial performance of the company for the Q2 & …
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Incorporation Of A Subsidiary Company In Egypt
4 Nov - Greenlam Industries incorporated a subsidiary in Egypt.
Annual reports
Concalls
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Nov 2024Transcript PPT
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Jul 2024Transcript PPT
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Jul 2022TranscriptNotesPPT
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Dec 2021TranscriptNotesPPT
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Oct 2021Transcript PPT
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Dec 2020TranscriptPPT
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Nov 2020TranscriptNotesPPT
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Jun 2020Transcript PPT
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Jan 2020Transcript PPT
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Nov 2019Transcript PPT
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Jul 2019TranscriptNotesPPT
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Oct 2018Transcript PPT
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Nov 2017Transcript PPT
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Nov 2016Transcript PPT
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Aug 2016TranscriptNotesPPT
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May 2016TranscriptNotesPPT
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May 2016TranscriptNotesPPT
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May 2016Transcript PPT
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Feb 2016Transcript PPT
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Dec 2015TranscriptNotesPPT
Products & services offered
Laminates: These are used in decorative wardrobes, wall panels, kitchen cabinets etc. Brands in this segment are Greenlam, New Mika, Greenlam Clads and Greenlam Sturdo.
Veneers: These are used as thin layers pasted on top of wooden furniture. Under Brand Name Decowood.
Wooden Flooring: Under Brand Name Mikasa Floors, it provides wooden flooring services to luxury hotel rooms and business complexes etc. It also manufactures smart doors under the brand name Mikasa Doors & Frames.[1]