Greenpanel Industries Ltd.
Snapshot View

255.95 +9.20 ▲3.7%

29 July 2021, 04:00:00 P.M.
Volume: 27,736

Overview View Details

Sector Construction Materials Compare with Sector peers
Industry Wood & Wood Products Compare with Industry peers
Website http://www.greenpanel.com
Financial Indicators
Market Cap 3,125.16 Cr.
Earnings per share (EPS) 11.01 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 23.14 Trailing Twelve Months Ending 2021-06
Industry PE 44.69 Trailing Twelve Months Ending 2021-06
Book Value / Share 61.99 Trailing Twelve Months Ending 2021-06
Price to Book Value 4.11 Calculated using Price: 254.85
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 12.26 Cr. 122,627,395 Shares
FaceValue 1
Company Profile

Greenpanel is India’s largest manufacturer of wood panels. Its state-of-the-art manufacturing plants in Uttarakhand and Andhra Pradesh produce Medium Density Fibre Boards (MDF), Plywood, Block Boards, Veneers, Wood Floors and Doors. It is a leader within the vast market of India in the manufacture of wood panels. The Company’s principal product is MDF. The Company is a market leader in this segment.

The Company was the erstwhile MDF division of Greenply Industries. The Company was de-merged on April 1, 2018 into an independent company that focuses largely on the manufacture, distribution and marketing of MDF.  The Company was listed (following a demerger) on the NSE and BSE on October 23, 2019.

Business area of the company

The Company is primarily involved in manufacturing of plywood, medium density fibre boards (MDF) and allied products. The Company has an overseas wholly owned subsidiary company namely Greenpanel Singapore Pte. Limited, incorporated in Singapore, is engaged into trading of Medium Density Fibreboards and allied products.

Product offerings

Medium Density Fibreboard: Engineered wood manufactured with hardwood fibres, bonded together under high pressure and temperature (up to 240 degrees Celsius) with synthetic resin and wax. Greenpanel’s MDF is respected for a high uniform density, making it strong, durable and eco-friendly.

Greenpanel wood floors: Customised around Indian conditions. Protects against dust, scratches and extreme climatic changes.

Greenpanel plywood: Customised around a range of applications. Manufactured on new-age equipment. Strict adherence to quality control. Helped create new benchmarks in India’s organised plywood segment.

Greenpanel veneers: Offer an exclusive range of unique and exotic designs. Suitable for use in interiors (including high humidity applications).

Greenpanel doors: Possess high dimensional accuracy and stability (ideal for conditions of varying humidity). Customised and available with a decorative veneered surface in horizontal or vertical grains.

Milestones

  • 2010: Launched Green Panelmax.
  • 2010: Commenced production at the most modern MDF plant in India at Pantnagar, Uttarakhand.
  • 2014: Launched Green Floormax Wood Floors.
  • 2015: Commissioned an export office in Singapore.
  • 2016: Commissioned a second MDF plant at Srikalahasti, Andhra Pradesh.
  • 2018: Commenced production at Asia’s largest MDF plant in Andhra Pradesh.
  • 2019: De-merged from Greenply to become Greenpanel Industries Limited.
  • 2019: Listed on NSE and BSE as a separate company.
  • 2020: Gets board’s approval for capital expenditure projects at MDF plants.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+3.73%
1 Week
+9.24%
1 Month
+10.25%
3 Month
+15.37%
6 Month
+49.81%
1 Year
+582.53%
2 Year
5 Year
4 years 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) -107.90 10.92 2.23 9.89
Return on Capital Employed (%) -107.90 6.01 4.89 11.52
Return on Assets (%) -102.37 4.74 0.99 4.71

Balance Sheet View Details

Particulars 4 years 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 0 646 662 730
Non Curr. Liab. 537 507 439
Curr. Liab. 275 301 286
Minority Int.
Equity & Liab. 0 1,458 1,469 1,455
Non Curr. Assets 1,170 1,149 1,100
Curr. Assets 0 288 320 355
Misc. Exp. not W/O
Total Assets 0 1,458 1,469 1,455

Profit Loss View Details

Particulars 4 years 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 599 877 1,021
Other Income 13 2 3
Total Income 612 879 1,024
Total Expenditure 0 -522 -739 -817
PBIDT 0 90 140 207
Interest -25 -48 -37
Depreciation -53 -69 -69
Taxation 22 3 -32
Exceptional Items -11
PAT 0 35 14 69

Cash Flow View Details

Particulars 4 years 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 0 17 100 155
Cash Fr. Inv. -105 -22 -11
Cash Fr. Finan. 0 102 -86 -142
Net Change 0 14 -8 2
Cash & Cash Eqvt 0 20 11 13

Shareholding Pattern View Details

7 Qtrs 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 52.26 53.10 53.10 53.10 53.10 53.10 53.10
Public 47.74 46.90 46.90 46.90 46.90 46.90 46.90
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 28 Jul 2021
Announcement under Regulation 30 (LODR)-Investor Presentation
Pursuant to applicable provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 please find enclosed the Investor Presentation on the unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30 2021.
Wed, 28 Jul 2021
Unaudited Financial Results For Quarter Ended June 30 2021
Pursuant to Regulation 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 please find enclosed herewith the following documents reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Company in their respective meetings held today July 28 2021:
I. Unaudited Standalone and Consolidated Financial Results along with segment wise Revenue Results Assets and Liabilities of the Company for the quarter ended June 30 2021.
II. Limited Review Report on the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended June 31 2021 issued by M/s. S. S. Mehta & Co. Statutory Auditors.
Mon, 19 Jul 2021
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
The Company will organize a conference call for investors and analysts on July 28 2021 at 4.30 P.M. IST in respect of unaudited financial results of Greenpanel Industries Limited for the quarter ended June 30 2021.

Technical Scans View Details

Thu, 29 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Increasing Relative Strength - Benchmark index Increasing Relative Strength - Benchmark index
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index
Both SRS And ARS Above Zero Both SRS And ARS Above Zero

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