Greenlam Industries Ltd

BSE: GREENLAM538979ISIN INE544R01021

Consumer Discretionary
Plywood Boards/ Laminates
BSE 1000

Share price

₹214.95+1.40 (+0.66%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

Splits and bonuses

21 Mar 2025 · Bonus 1:1

52W high: ₹280.60
52W low: ₹198.20
Off 52W high: -23.40%
1M return: +1.78%
3M return: -19.57%
6M return: -5.25%
1Y return: -18.90%
20D avg volume: 12,037
50 DMA: ₹224.12
200 DMA: ₹235.75

Key ratios Consolidated

Market cap: ₹5,484 Cr
Current price: ₹214.95
52W high / low: ₹280.60 / ₹198.20
Face value: ₹1.00
P/E: 58.99
P/B: 4.65
EPS (TTM): ₹3.64
Book value / share: ₹46.23
ROE: —
ROCE: 9.30%
Operating margin: —
Net margin: —
Debt / equity: 0.89
Net debt: ₹982.74 Cr
Interest cover: 1.93
Dividend yield: 0.19%
Dividend / share (TTM): ₹0.40
Payout: 10.99%
Cash conversion cycle: 56.9 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	796.70	857.66	706.37	808.26	673.79	681.77	602.04	680.81	604.71	624.09	563.37	603.64
	5.96	2.04	2.54	1.22	2.45	0.00	1.31	8.16	3.13	8.75	3.10	5.84
	802.66	859.70	708.91	809.48	676.24	681.77	603.35	688.97	607.84	632.84	566.47	609.48
	771.73	807.64	697.17	763.36	690.72	671.01	582.02	641.73	580.79	579.70	531.03	556.79
	403.70	350.60	339.32	390.06	341.83	298.82	288.21	324.32	299.05	291.73	299.49	277.04
	4.00	13.69	14.98	3.88	5.23	7.96	12.32	15.60	11.17	16.32	5.03	8.21
	168.35	155.67	153.86	153.72	152.68	130.46	126.43	131.33	122.88	113.34	108.50	107.68
	19.48	23.04	23.30	23.99	25.89	19.91	16.25	15.53	13.79	13.38	14.32	9.29
	35.40	35.16	35.73	35.50	35.12	33.33	27.27	26.81	26.30	25.76	24.48	19.45
	173.17	178.23	170.21	183.25	160.74	151.04	141.06	138.78	127.77	133.76	128.94	127.07
	30.93	52.06	11.74	46.12	-14.48	10.76	21.33	47.24	27.05	53.15	35.44	52.69
	0.00	0.00	-6.16	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	30.93	52.06	5.58	46.12	-14.48	10.76	21.33	47.24	27.05	53.15	35.44	52.69
	9.69	11.51	6.17	14.35	1.23	9.29	8.79	12.80	7.16	12.36	10.19	13.31
	21.24	40.55	-0.59	31.77	-15.71	1.47	12.54	34.44	19.89	40.79	25.25	39.38
	0.83	1.59	-0.02	1.25	-0.62	0.06	0.98	2.70	1.56	3.20	1.98	3.27
Key metrics
	85.81	110.26	64.61	105.61	46.53	64.00	64.85	89.58	67.14	92.29	74.24	81.43
	10.80%	12.90%	9.10%	13.10%	6.90%	9.40%	10.80%	13.20%	11.10%	14.80%	13.20%	13.50%
	2.70%	4.70%	-0.10%	3.90%	-2.30%	0.20%	2.10%	5.10%	3.30%	6.50%	4.50%	6.50%
	—	3.80%	—	3.70%	—	1.60%	—	—	—	—	—	—
	18.20%	25.80%	17.30%	18.70%	11.40%	9.20%	6.90%	12.80%	—	—	—	—
	235.20%	2,658.50%	-104.70%	-7.80%	-179.00%	-96.40%	-50.30%	-12.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	3,169	3,046	2,569	2,306	2,026	1,703
	11.76	8.25	10.99	21.66	17.95	7.29
	3,181	3,054	2,580	2,328	2,044	1,711
	3,040	2,959	2,474	2,143	1,880	1,589
	1,484	1,422	1,210	1,115	1,032	921.04
	36.55	37.78	47.05	40.57	50.28	55.41
	631.60	615.93	511.11	425.69	313.86	259.43
	89.81	96.22	65.48	44.29	23.48	14.08
	141.79	141.51	113.72	87.09	63.25	58.50
	704.86	692.43	557.04	498.53	399.92	312.67
	140.85	95.44	106.39	184.94	164.11	121.73
	-6.16	-6.16	0.00	0.00	0.00	-2.59
	134.69	89.28	106.39	184.94	164.11	119.14
	41.72	33.26	38.04	46.93	36.07	28.55
	92.97	56.02	68.35	138.01	128.04	90.58
	3.65	2.20	2.68	10.85	10.27	7.52
Key metrics
	366.29	327.01	285.59	316.32	250.84	191.72
	11.56%	10.70%	11.10%	13.70%	12.40%	11.30%
	2.93%	1.80%	2.70%	6.00%	6.30%	5.30%
	—	9.30%	8.70%	—	—	—
	20.11%	18.60%	11.40%	13.80%	18.90%	—
	183.96%	-18.00%	-50.50%	7.80%	41.40%	—
	—	201.07	-62.70	—	—	—
	—	5.22	3.00	—	—	—
	—	0.89	0.96	—	—	—
	—	982.74	1,033	—	—	—
	—	56.9	57.8	—	—	—
Balance sheet
	—	3,004	2,909	—	—	—
	—	1,235	1,093	—	—	—
	—	63.86	42.50	—	—	—
	—	218.68	156.66	—	—	—
	—	763.93	664.71	—	—	—
	—	133.32	164.52	—	—	—
	—	1,585	1,737	—	—	—
	—	507.34	414.63	—	—	—
	—	1,014	931.94	—	—	—
	—	1,047	1,075	—	—	—
	—	339.36	343.79	—	—	—
	—	707.24	731.30	—	—	—
	—	1,179	1,125	—	—	—
Cash flow
	—	292.38	204.90	—	—	—
	—	-79.97	-166.86	—	—	—
	—	-191.05	-28.32	—	—	—
	—	91.31	267.60	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	584.41	655.46	549.28	652.97	557.48	560.40	534.51	586.20	525.75	571.13	517.09	565.63
	2.60	5.79	11.83	4.32	5.95	18.44	2.85	5.42	3.34	17.51	6.72	7.20
	587.01	661.25	561.11	657.29	563.43	578.84	537.36	591.62	529.09	588.64	523.81	572.82
	556.88	601.80	528.63	595.80	530.48	528.58	506.89	550.22	498.82	526.89	478.03	517.39
	288.88	258.01	258.92	300.83	265.93	238.29	249.33	279.08	260.21	266.52	281.10	265.92
	26.63	30.18	23.43	26.51	26.05	28.42	24.12	20.60	18.34	20.62	7.90	12.65
	119.14	108.33	107.84	109.98	108.17	93.79	96.44	101.18	97.25	86.94	85.32	84.39
	10.09	10.45	10.42	10.35	11.11	12.04	12.40	11.86	10.13	9.87	10.77	6.88
	19.31	19.41	20.10	20.08	19.99	20.03	20.64	20.76	20.25	20.01	19.26	16.49
	119.08	128.95	128.85	137.38	111.58	114.70	115.79	117.27	107.91	118.65	114.85	115.75
	30.13	59.45	32.48	61.49	32.95	50.26	30.47	41.40	30.27	61.76	45.78	55.43
	0.00	0.00	-5.59	0.00	0.00	0.00	—	—	—	—	—	—
	30.13	59.45	26.89	61.49	32.95	50.26	30.47	41.40	30.27	61.76	45.78	55.43
	7.62	11.32	6.98	15.60	8.24	10.75	11.01	10.98	7.04	11.68	10.93	13.86
	22.51	48.13	19.91	45.89	24.71	39.51	19.46	30.42	23.23	50.08	34.84	41.57
	0.88	1.88	0.78	1.80	0.97	1.55	1.53	2.39	1.82	3.93	2.73	3.27
Key metrics
	59.53	89.31	57.41	91.92	64.05	82.33	63.51	74.02	60.65	91.64	75.81	78.80
	10.20%	13.60%	10.50%	14.10%	11.50%	14.70%	11.90%	12.60%	11.50%	16.00%	14.70%	13.90%
	3.90%	7.30%	3.60%	7.00%	4.40%	7.10%	3.60%	5.20%	4.40%	8.80%	6.70%	7.30%
	—	4.40%	—	4.90%	—	4.30%	—	—	—	—	—	—
	4.80%	17.00%	2.80%	11.40%	6.00%	-1.90%	3.40%	3.60%	—	—	—	—
	-8.90%	21.80%	2.30%	50.90%	6.40%	-21.10%	-44.10%	-26.80%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	2,442	2,415	2,207	2,124	1,851	1,559
	24.54	27.89	30.04	34.15	36.00	17.47
	2,467	2,443	2,237	2,158	1,887	1,577
	2,283	2,257	2,085	1,969	1,737	1,464
	1,107	1,084	1,027	1,070	1,032	921.04
	106.75	106.17	91.48	29.17	5.06	4.14
	445.29	434.32	388.66	342.12	252.86	208.54
	41.31	42.33	46.43	36.90	22.91	13.48
	78.90	79.58	81.67	73.53	58.46	54.31
	514.26	506.76	455.67	451.93	370.13	286.21
	183.55	186.37	152.39	188.98	150.49	112.20
	-5.59	-5.59	0.00	—	—	-2.59
	177.96	180.78	152.39	188.98	150.49	109.61
	41.52	42.14	39.78	43.09	27.61	24.25
	136.44	138.64	112.61	145.89	122.88	85.36
	5.34	5.43	4.41	11.44	9.82	7.07
Key metrics
	298.17	302.69	280.49	299.41	231.86	177.40
	12.21%	12.50%	12.70%	14.10%	12.50%	11.40%
	5.59%	5.70%	5.10%	6.90%	6.60%	5.50%
	—	14.00%	13.70%	—	—	—
	9.09%	9.40%	3.90%	14.70%	18.70%	—
	19.58%	23.10%	-22.80%	18.70%	44.00%	—
	—	233.12	208.97	—	—	—
	—	1.93	2.16	—	—	—
	—	0.37	0.40	—	—	—
	—	452.16	438.01	—	—	—
	—	45.4	48.5	—	—	—
Balance sheet
	—	2,338	2,127	—	—	—
	—	847.75	793.15	—	—	—
	—	21.71	19.74	—	—	—
	—	214.25	150.38	—	—	—
	—	495.93	482.43	—	—	—
	—	62.64	76.66	—	—	—
	—	465.41	585.17	—	—	—
	—	409.78	339.82	—	—	—
	—	743.56	679.58	—	—	—
	—	473.87	457.75	—	—	—
	—	230.81	246.88	—	—	—
	—	243.06	210.87	—	—	—
	—	1,268	1,137	—	—	—
Cash flow
	—	267.08	243.48	—	—	—
	—	-212.29	-197.23	—	—	—
	—	-52.82	-44.57	—	—	—
	—	33.96	34.51	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +9.27%
Sales CAGR 5Y: —
Profit CAGR 3Y: +4.10%
Profit CAGR 5Y: —
Sales YoY (TTM): +9.09%
Profit YoY (TTM): +19.58%

Consolidated

Sales CAGR 3Y: +14.56%
Sales CAGR 5Y: —
Profit CAGR 3Y: -24.08%
Profit CAGR 5Y: —
Sales YoY (TTM): +20.11%
Profit YoY (TTM): +183.96%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 50.99%

Quarter	September 2026	June 2026
Promoter %	50.99%	50.99%

Holder	Type	Holding	Previous	Change
SM Greenlam Investments Private Limited	Promoter Group	37.78%	37.78%	0.00%
Saurabh Mittal	Promoter	11.33%	11.33%	0.00%
BLUE DAIMOND PROPERTIES PVT LTD	Public	7.96%	7.96%	0.00%
UPNISHAD HOLDINGS PRIVATE LIMITED	Public	7.40%	7.40%	0.00%
AKASH MANEK BHANSHALI	Public	4.44%	—	—
DSP SMALL CAP FUND	Public	3.99%	3.99%	0.00%
ASHISH DHAWAN	Public	3.77%	3.77%	0.00%
Asiana Fund I	Public	2.62%	2.62%	0.00%
HDFC MUTUAL FUND - HDFC MID-CAP FUND	Public	2.39%	2.48%	-0.09%
Parul Mittal	Promoter Group	1.88%	1.88%	0.00%
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUND	Public	1.73%	1.73%	0.00%
AKHIL DHAWAN	Public	1.43%	1.43%	0.00%
VALLABH ROOPCHAND BHANSHALI	Public	1.15%	1.15%	0.00%
MEENU MANGAL BHANSHALI	Public	1.02%	1.02%	0.00%
Shiv Prakash Mittal	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Century Plyboards (India) Ltd.	14,600	657.15	44.06	14.60%	+26.36% TTM	+40.50% TTM	-13.30%
Greenlam Industries Ltd	5,484	214.95	58.99	9.30%	+20.11% TTM	+183.96% TTM	-18.90%
Stylam Industries Limited	4,955	2,923.50	28.35	25.00%	+11.48% TTM	+39.81% TTM	+41.10%
Greenply Industries Ltd	3,247	259.95	25.83	16.20%	+16.52% TTM	+47.17% TTM	-13.13%
EURO PRATIK SALES LIMITED	1,910	186.90	21.73	32.10%	—	—	-41.91%
Greenpanel Industries Limited	1,662	135.55	—	—	-12.09% TTM	-44.38% TTM	-51.55%
Rushil Decor Limited	526	17.94	19.22	5.00%	+13.36% TTM	+80.67% TTM	-31.68%
Archidply Industries Limited	191	96.36	11.55	15.90%	+15.36% TTM	+1,110.22% TTM	-1.18%
Ecoboard Industries Ltd S	156	58.89	-14.98	-42.20%	+289.76% TTM	+49.34% TTM	+68.26%
DUROPLY INDUSTRIES LIMITED S	105	96.50	52.45	8.70%	+7.42% TTM	-66.67% TTM	-46.69%
Archidply Decor Limited S	35	63.10	-332.11	3.40%	-9.51% TTM	-178.57% TTM	-24.89%
ADHATA GLOBAL LIMITED S	10	21.38	-6.11	-58.60%	-74.09% TTM	-343.24% TTM	-29.02%

Filings & corporate actions

Recent announcements

Update on Show Cause Notice4 Nov 2026 · Company Update / General
Intimation regarding receipt of Show Cause Notice30 Oct 2026 · Company Update / General
Intimation of Schedule of Earnings Call Q2 FY2730 Oct 2026 · Company Update / Analyst / Investor Meet
Greenlam Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2026 ,inter alia, to consider and approve Un-audited Standalone and ....29 Oct 2026 · Board Meeting / Board Meeting
Certificate under Reg. 74(5) of SEBI (DP) Regulation 20188 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation regarding receipt of Show Cause Notice30 Sep 2026 · Company Update / General
Intimation regarding re- opening of special window for re- lodgement of transfer requests30 Sep 2026 · Company Update / Newspaper Publication
Appointment of Senior Management Personnel22 Sep 2026 · Company Update / Change in Management
Acquisition in Bhadla Minigrid Solar 4 Private Limited, a special purpose vehicle established for owning and operating a captive power plant.4 Sep 2026 · Company Update / Acquisition
Credit rating intimation3 Sep 2026 · Company Update / Credit Rating
Outcome of Investor Meet3 Sep 2026 · Company Update / Analyst / Investor Meet
Intimation of Analyst/ Investor Meet26 Aug 2026 · Company Update / Analyst / Investor Meet
Earning Call Transcript17 Aug 2026 · Company Update / Earnings Call Transcript
Outcome of Investor Meet13 Aug 2026 · Company Update / Analyst / Investor Meet
Outcome of Investor Call12 Aug 2026 · Company Update / Analyst / Investor Meet
Audio Recording of Q1 FY27 Earning Calls10 Aug 2026 · Company Update / Analyst / Investor Meet
Investor Presentation for Q1 FY27 Results7 Aug 2026 · Company Update / Investor Presentation
Press Release for un-audited financial results for the quarter ended June 30, 20267 Aug 2026 · Company Update / Press Release / Media Release
Un-audited Financial Results for the quarter ended June 30, 20267 Aug 2026 · Board Meeting / Outcome of Board Meeting
Un-audited Financial Results for the quarter ended June 30, 20267 Aug 2026 · Result / Financial Results
Intimation of Schedule of Analyst/Institutional Investor Meet7 Aug 2026 · Company Update / Analyst / Investor Meet
Intimation of Schedule of Analyst/Institutional Investor Meet7 Aug 2026 · Company Update / Analyst / Investor Meet
Newspaper publication for reopening of special window for re-lodgement of transfer request3 Aug 2026 · Company Update / Newspaper Publication
Earning Call Q1 FY 2026-273 Aug 2026 · Company Update / Analyst / Investor Meet
Greenlam Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/08/2026 ,inter alia, to consider and approve Unaudited Financial Results ....31 Jul 2026 · Board Meeting / Board Meeting
Scrutinizer''s Report for the 13th Annual General Meeting of the Company.29 Jul 2026 · AGM/EGM / AGM
Re-appointment of Independent Director of the Company for a second term29 Jul 2026 · Company Update / Change in Management
13th AGM Voting Results along with scrutinizer''s report29 Jul 2026 · AGM/EGM / AGM
Proceedings of 13th Annual General Meeting of the Company29 Jul 2026 · AGM/EGM / AGM
Certificate under Regulation 74(5) of SEBI (DP) Regulations, 201813 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please find enclosed letter to shareholder containing weblink for accessing Integrated Annual Report and Notice of 13th AGM8 Jul 2026 · Company Update / General
Newspaper Advertisement with respect to 13th Annual General Meeting, Record Date and E voting information8 Jul 2026 · Company Update / Newspaper Publication
Business Responsibility and Sustainability Report for the financial year 2025-267 Jul 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Notice of 13th Annual General Meeting to be held on July 29, 2026 through VC/OAVM7 Jul 2026 · AGM/EGM / AGM
Integrated Annual Report for the financial year 2025-267 Jul 2026 · Others / Reg. 34 (1) Annual Report
Please find attached herewith newspaper clippings of public notice for conducting 13th Annual General Meeting through VC/OAVM6 Jul 2026 · Company Update / Newspaper Publication
Transcript of Earning calls Q4 & FY 26.9 Jun 2026 · Company Update / Earnings Call Transcript
Newspaper Publication pertaining to notice sent to shareholders in respect of transfer of shares to the Investor Education Protection Fund (IEPF).9 Jun 2026 · Company Update / Newspaper Publication
Audio Recording of Earnings Call4 Jun 2026 · Company Update / Analyst / Investor Meet
Greenlam Industries Limited has informed the exchange regarding copy of newspaper publication for re opening of special window for re-lodgement of transfer requests2 Jun 2026 · Company Update / Newspaper Publication

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 0.4000	3 Jul 2026	3 Jul 2026	—
Final Dividend - Rs. - 0.4000	20 Jun 2025	20 Jun 2025	—
Bonus issue 1:1	21 Mar 2025	21 Mar 2025	—

Board meetings

5 Nov 2026 Board Meeting - Financial Results
7 Aug 2026 Board Meeting - Financial Results