Greenpanel Industries Ltd

Greenpanel Industries Ltd

₹ 358 0.72%
03 Dec - close price
About

Greenpanel Industries Limited is engaged in the manufacturing of plywood, medium density fibre boards (MDF) and allied products.[1]

Key Points

Market Position[1]
27% market share in the organized MDF segment.
It is the only company in the Medium Density Fibreboard (MDF) category to be included among Ecolabelled products.[2]

  • Market Cap 4,395 Cr.
  • Current Price 358
  • High / Low 450 / 268
  • Stock P/E 48.4
  • Book Value 110
  • Dividend Yield 0.42 %
  • ROCE 12.8 %
  • ROE 10.7 %
  • Face Value 1.00

Pros

  • Company has delivered good profit growth of 25.0% CAGR over last 5 years

Cons

  • 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

Standalone Figures in Rs. Crores / View Consolidated

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
422 424 470 464 457 420 441 386 399 386 397 365 337
315 315 334 335 344 329 364 320 330 326 345 329 307
Operating Profit 107 109 136 129 114 91 77 66 69 60 52 36 30
OPM % 25% 26% 29% 28% 25% 22% 17% 17% 17% 16% 13% 10% 9%
2 2 3 7 14 -34 7 6 7 2 7 5 6
Interest 2 1 3 2 2 11 3 4 2 6 0 0 3
Depreciation 18 17 17 17 17 18 17 18 18 18 18 19 19
Profit before tax 89 93 119 116 109 28 64 50 55 38 40 21 13
Tax % 30% 33% 33% 35% 35% 37% -3% 26% 26% 27% 26% 26% -38%
62 63 80 76 71 17 66 37 41 28 30 16 18
EPS in Rs 5.07 5.11 6.52 6.21 5.77 1.43 5.35 3.02 3.32 2.26 2.43 1.28 1.51
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
0 587 860 1,020 1,624 1,783 1,567 1,484
0 504 724 815 1,204 1,370 1,320 1,307
Operating Profit -0 83 136 205 421 413 247 177
OPM % 14% 16% 20% 26% 23% 16% 12%
0 13 -9 2 5 -9 21 20
Interest 0 24 48 35 16 19 12 10
Depreciation 0 50 65 64 68 69 73 74
Profit before tax -0 22 13 108 342 317 183 113
Tax % 0% -101% -20% 30% 32% 27% 26%
-0 44 16 76 233 230 135 92
EPS in Rs 1.32 6.21 19.03 18.75 11.03 7.48
Dividend Payout % 0% 0% 0% 0% 8% 8% 14%
Compounded Sales Growth
10 Years: %
5 Years: 22%
3 Years: 15%
TTM: -10%
Compounded Profit Growth
10 Years: %
5 Years: 25%
3 Years: 21%
TTM: -50%
Stock Price CAGR
10 Years: %
5 Years: 51%
3 Years: -3%
1 Year: 3%
Return on Equity
10 Years: %
5 Years: 15%
3 Years: 19%
Last Year: 11%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.10 0.00 12 12 12 12 12 12
Reserves -0 668 685 761 975 1,189 1,305 1,339
0 579 555 459 292 228 296 322
0 238 241 243 285 276 278 279
Total Liabilities 0 1,485 1,493 1,475 1,564 1,705 1,891 1,953
0 1,118 1,088 1,043 1,009 992 982 963
CWIP 0 4 6 4 0 5 313 468
Investments 0 47 52 52 52 22 98 97
0 316 346 376 502 686 498 426
Total Assets 0 1,485 1,493 1,475 1,564 1,705 1,891 1,953

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0 27 101 211 360 339 135
0 -114 -28 -77 -137 -254 -156
0 105 -82 -131 -180 -131 50
Net Cash Flow 0 18 -9 3 43 -45 29

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 33 30 28 9 9 7
Inventory Days 191 147 118 90 75 107
Days Payable 119 117 104 81 54 58
Cash Conversion Cycle 105 60 42 19 29 55
Working Capital Days 27 34 33 15 19 29
ROCE % 7% 6% 12% 29% 27% 13%

Shareholding Pattern

Numbers in percentages

1 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
53.10% 53.10% 53.10% 53.09% 53.09% 53.09% 53.09% 53.12% 53.12% 53.12% 53.12% 53.12%
3.73% 5.84% 6.27% 6.39% 4.56% 4.43% 4.30% 4.41% 3.22% 2.99% 2.12% 2.70%
22.86% 21.24% 21.45% 21.19% 21.30% 21.18% 21.60% 22.83% 24.53% 25.81% 26.76% 27.70%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.05% 0.05% 0.06% 0.00% 0.00%
20.31% 19.82% 19.18% 19.33% 21.03% 21.30% 21.00% 19.57% 19.06% 18.00% 17.98% 16.46%
No. of Shareholders 52,62463,46780,12898,2111,12,6661,17,3411,21,2961,22,3161,22,7761,23,7181,21,2201,08,642

* 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