Greenlam Industries Ltd

Greenlam Industries Ltd

₹ 511 0.01%
21 Nov - close price
About

Greenlam Industries is engaged in the business of manufacturing laminates, decorative veneers and allied products. [1]

Key Points

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]

  • Market Cap 6,523 Cr.
  • Current Price 511
  • High / Low 662 / 431
  • Stock P/E 54.2
  • Book Value 87.2
  • Dividend Yield 0.32 %
  • ROCE 12.1 %
  • ROE 13.5 %
  • Face Value 1.00

Pros

Cons

  • Stock is trading at 5.86 times its book value
  • Company might be capitalizing the interest cost

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
454 450 463 471 518 504 534 515 604 563 624 605 681
408 396 414 420 464 449 460 451 528 492 541 541 599
Operating Profit 46 53 50 50 54 55 74 64 76 71 84 64 81
OPM % 10% 12% 11% 11% 10% 11% 14% 12% 13% 13% 13% 11% 12%
-0 2 1 2 5 6 4 4 6 3 9 3 8
Interest 3 4 3 5 6 6 6 7 9 14 13 14 16
Depreciation 14 15 15 15 15 16 17 17 19 24 26 26 27
Profit before tax 28 36 33 33 38 38 55 44 53 35 53 27 47
Tax % 25% 25% 22% 25% 23% 26% 16% 24% 26% 29% 23% 26% 27%
21 27 26 25 29 29 46 33 39 25 41 20 34
EPS in Rs 1.72 2.23 2.12 2.05 2.30 2.26 3.63 2.61 3.07 1.98 3.21 1.59 2.71
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
-0 926 1,030 1,076 1,145 1,281 1,321 1,200 1,703 2,026 2,306 2,473
0 833 900 937 996 1,122 1,142 1,026 1,516 1,793 2,010 2,173
Operating Profit -0 93 130 139 149 159 179 174 188 233 296 300
OPM % 10% 13% 13% 13% 12% 14% 14% 11% 12% 13% 12%
-0 2 3 2 2 1 4 -5 4 18 20 23
Interest -0 33 35 29 18 17 22 17 14 23 44 57
Depreciation -0 33 35 37 36 37 52 56 58 63 87 103
Profit before tax -0 28 62 76 97 106 108 96 119 164 185 163
Tax % -0% 32% 40% 34% 33% 27% 20% 23% 24% 22% 25%
-0 19 38 50 65 77 87 74 91 129 138 120
EPS in Rs -0.20 1.60 3.12 4.11 5.35 6.39 7.18 6.11 7.52 10.13 10.85 9.49
Dividend Payout % -0% 6% 6% 7% 9% 9% 11% 16% 16% 15% 15%
Compounded Sales Growth
10 Years: %
5 Years: 12%
3 Years: 24%
TTM: 15%
Compounded Profit Growth
10 Years: 159%
5 Years: 12%
3 Years: 18%
TTM: -18%
Stock Price CAGR
10 Years: %
5 Years: 22%
3 Years: 22%
1 Year: -14%
Return on Equity
10 Years: 16%
5 Years: 15%
3 Years: 15%
Last Year: 13%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 -0 208 233 286 344 416 489 561 642 945 1,064 1,100
-0 393 365 298 252 270 294 307 398 628 1,109 1,235
-0 230 260 194 216 229 309 291 324 449 539 623
Total Liabilities 0 842 871 791 823 927 1,104 1,172 1,376 2,035 2,726 2,971
-0 328 353 324 331 330 429 413 468 506 986 999
CWIP -0 9 4 5 1 22 17 18 9 380 611 719
Investments -0 -0 -0 -0 -0 0 0 106 161 242 147 107
0 505 514 462 492 575 658 634 739 907 981 1,145
Total Assets 0 842 871 791 823 927 1,104 1,172 1,376 2,035 2,726 2,971

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0 118 116 185 109 64 96 213 71 169 194
-0 -100 -53 -22 -38 -57 -54 -154 -136 -535 -527
0 -12 -63 -160 -69 -6 -22 -71 62 366 350
Net Cash Flow 0 5 -0 3 2 1 20 -12 -3 0 17

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 72 65 54 54 50 38 41 28 26 24
Inventory Days 160 168 147 156 163 202 229 195 174 204
Days Payable 129 128 83 96 86 91 135 99 93 117
Cash Conversion Cycle 103 105 117 115 128 149 135 123 106 112
Working Capital Days 94 66 79 77 88 88 88 80 58 61
ROCE % 20% 16% 17% 19% 19% 18% 15% 14% 14% 12%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
53.90% 53.90% 53.90% 51.22% 51.22% 51.22% 51.22% 51.22% 50.98% 50.98% 50.98% 50.98%
1.59% 1.63% 0.00% 1.46% 1.44% 1.44% 1.45% 1.37% 1.28% 1.36% 1.77% 1.72%
14.22% 14.19% 15.72% 13.37% 13.10% 15.70% 15.60% 15.58% 15.54% 15.56% 15.60% 15.63%
30.29% 30.28% 30.39% 33.95% 34.25% 31.64% 31.71% 31.81% 32.20% 32.10% 31.65% 31.67%
No. of Shareholders 10,95812,13513,20113,51213,31612,88914,06014,27818,02216,84814,77115,142

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls