Greenpanel Inds.

Why is Greenpanel Industries Ltd falling/rising?

As of 22-Jun, Greenpanel Industries Ltd's stock price is declining at 188.45, down 0.5%, with a total drop of 3.14% over the last five days. The stock has consistently underperformed the market, with a year-to-date decline of 17.82% and negative operating profits, leading to a perception of high risk and a strong sell recommendation.

As of 22-Jun, Greenpanel Industries Ltd is experiencing a decline in its stock price, currently at 188.45, which reflects a change of -0.95 (-0.5%). The stock has been underperforming significantly, with a consecutive fall over the last five days, resulting in a total decline of -3.14% during this period. This trend is further supported by the fact that the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish momentum.<BR><BR>In terms of performance relative to the broader market, Greenpanel has consistently underperformed against the benchmark, with a year-to-date decline of -17.82% compared to the Sensex's -9.54%. Over the past year, the stock has generated a return of -29.09%, while the benchmark has only declined by -6.45%. This consistent underperformance over multiple time frames, including a staggering -42.89% drop over the last three years, highlights the stock's ongoing struggles.<BR><BR>The company's financial health also raises concerns, as it has recorded negative operating profits, with an EBIT of Rs. -21.57 cr and a significant decline in profits of -140.4% over the past year. Additionally, the operating profit has decreased at an alarming annual rate of -168.70% over the last five years. These factors contribute to the perception of the stock as risky and a strong sell, further pressuring its price.<BR><BR>Despite some positive indicators, such as high management efficiency and strong institutional holdings, the negative financial results and poor long-term growth prospects overshadow these strengths. As a result, the stock's price is falling, reflecting investor sentiment and market dynamics.

Which are the latest news on Greenpanel Inds.?

Should I buy, sell or hold Greenpanel Industries Ltd?

What does Greenpanel Inds. do?

Greenpanel Industries Ltd manufactures plywood, medium density fibre boards (MDF), and related products, operating in the small-cap plywood boards/laminates industry. As of March 2026, it reported net sales of ₹399 Cr and a net profit of ₹1 Cr, with a market cap of ₹2,419 Cr.

Overview: <BR>Greenpanel Industries Ltd is primarily involved in the manufacturing of plywood, medium density fibre boards (MDF), and allied products, operating in the plywood boards/laminates industry within the small-cap market segment.<BR><BR>History: <BR>Greenpanel Industries Limited was incorporated on 13th December 2017. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>- Net Sales: 399 Cr (Quarterly Results - Mar 2026) <BR>- Net Profit: 1 Cr (Quarterly Results - Mar 2026) <BR>- Market Cap: INR 2,419 Cr (Small Cap) <BR><BR>Key Metrics: <BR>- P/E: 16.00 <BR>- Industry P/E: 53 <BR>- Dividend Yield: 0.00% <BR>- Debt-Equity: 0.12 <BR>- Return on Equity: -2.10% <BR>- Price to Book: 1.74 <BR><BR>Contact Details: <BR>- Address: Makum Road, Tinsukia Assam: 786125 <BR>- Tel: 91-033-40840600 <BR>- Email: secretarial@greenpanel.com <BR>- Website: http://www.greenpanel.com

How big is Greenpanel Inds.?

As of 10th June, Greenpanel Industries Ltd has a market capitalization of 2,419.00 Cr, with recent net sales of 1,567.26 Cr and net profit of 142.68 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Greenpanel Industries Ltd has a market capitalization of 2,419.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 1,567.26 Cr, while the sum of Net Profit for the same period is 142.68 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds amounting to 1,317.13 Cr and Total Assets totaling 1,890.73 Cr.

Who are in the management team of Greenpanel Inds.?

The management team of Greenpanel Industries includes Shiv Prakash Mittal (Executive Chairman), Shobhan Mittal (Managing Director & CEO), and several independent directors: Mahesh Kumar Jiwrajka, Salil Kumar Bhandari, Arun Kumar Saraf, and Shivpriya Nanda, along with Lawkush Prasad (Vice President & Company Secretary). They are responsible for guiding the company's strategy and operations.

The management team of Greenpanel Industries includes the following key members:<BR><BR>1. **Shiv Prakash Mittal** - Executive Chairman<BR>2. **Shobhan Mittal** - Managing Director & CEO<BR>3. **Mahesh Kumar Jiwrajka** - Independent Director<BR>4. **Salil Kumar Bhandari** - Independent Director<BR>5. **Arun Kumar Saraf** - Independent Director<BR>6. **Lawkush Prasad** - Vice President & Company Secretary<BR>7. **Shivpriya Nanda** - Independent Director<BR><BR>These individuals play significant roles in guiding the company's strategy and operations.

Who are the peers of the Greenpanel Inds.?

Peers of Greenpanel Inds. include Century Plyboard, Greenlam Industr, Stylam Industrie, and others. Century Plyboard shows excellent management and growth, while Greenpanel Inds. has a below-average growth rating and a 1-year return of -30.72%.

Peers: The peers of Greenpanel Inds. are Century Plyboard, Greenlam Industr, Stylam Industrie, Greenply Industr, Rushil Decor, Archidply Inds., Ecoboard Inds., Duroply Indust., Airo Lam.<BR><BR>Quality Snapshot: Excellent management risk is observed at Century Plyboard, Stylam Industrie, and Greenpanel Inds., while Good management risk is found at Greenlam Industr and the rest. Below Average management risk is noted at Archidply Inds., Ecoboard Inds., Duroply Indust., Rushil Decor, and Airo Lam. Growth is rated as Good for Century Plyboard and Duroply Indust., Average for Stylam Industrie and Greenlam Industr, and Below Average for Greenply Industr, Greenpanel Inds., Rushil Decor, Archidply Inds., Ecoboard Inds., and Airo Lam. Excellent capital structure is seen at Century Plyboard and Greenpanel Inds., Average at Greenlam Industr and Greenply Industr, and Below Average at Rushil Decor, Archidply Inds., Ecoboard Inds., Duroply Indust., and Airo Lam.<BR><BR>Return Snapshot: Stylam Industrie has the highest 1-year return at 80.17%, while Rushil Decor has the lowest at -52.26%. Greenpanel Inds. has a 1-year return of -30.72%, which is better than Rushil Decor but worse than Stylam Industrie. Additionally, Rushil Decor, Archidply Inds., Duroply Indust., and Airo Lam all have negative six-month returns.

Are Greenpanel Industries Ltd latest results good or bad?

Greenpanel Industries Ltd's latest Q3 FY26 results show record revenues of ₹416.27 crores, but a concerning 70.41% drop in net profit to ₹10.24 crores and a significant decline in operating margins indicate serious financial challenges, making the overall performance more negative than positive.

Greenpanel Industries Ltd's latest results for Q3 FY26 present a mixed picture, but overall, the performance appears concerning. While the company achieved record quarterly revenues of ₹416.27 crores, reflecting a 7.93% year-on-year increase, this growth was overshadowed by a significant decline in profitability. <BR><BR>Net profit fell dramatically by 70.41% year-on-year to ₹10.24 crores, and operating profit, excluding other income, plummeted by 86.70% to just ₹8.02 crores. This resulted in operating margins collapsing from 15.63% in Q3 FY25 to a mere 1.93% in Q3 FY26, indicating severe challenges in cost management and pricing power.<BR><BR>The stock has reacted negatively to these results, trading significantly below its 52-week high and reflecting a bearish sentiment among investors. Additionally, the company is facing operational challenges, including rising interest expenses and an inability to pass on increased input costs to customers, which further complicates its financial outlook.<BR><BR>In summary, while revenue growth is a positive sign, the drastic decline in profits and margins suggests that Greenpanel Industries is currently navigating a difficult period, making the latest results more bad than good.

When is the next results date for Greenpanel Industries Ltd?

The next results date for Greenpanel Industries Ltd is January 30, 2026.

The next results date for Greenpanel Industries Ltd is scheduled for January 30, 2026.

Is Greenpanel Inds. technically bullish or bearish?

As of November 24, 2025, Greenpanel Inds. shows a mildly bearish trend due to bearish signals from the MACD and Bollinger Bands, despite some mixed signals from moving averages and RSI, and has underperformed against the Sensex.

As of 24 November 2025, the technical trend for Greenpanel Inds. has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by bearish signals from the weekly and monthly MACD, as well as the Bollinger Bands. The KST is also mildly bearish on the weekly timeframe. Although the daily moving averages indicate a mildly bullish trend, this is overshadowed by the overall bearish sentiment from the longer-term indicators. The RSI shows no signal on the weekly but is bullish on the monthly, indicating mixed signals. The stock has underperformed significantly compared to the Sensex over multiple time frames, further supporting the bearish outlook.

How has been the historical performance of Greenpanel Inds.?

Greenpanel Inds. has shown fluctuating financial performance, with net sales declining to 1,567.25 Cr in Mar'24 from 1,782.86 Cr in Mar'23, and a significant drop in profit after tax to 142.68 Cr from 256.51 Cr. Despite an increase in total assets, recent trends indicate a decline in profitability and cash flow.

Answer:<BR>The historical performance of Greenpanel Inds. shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>Greenpanel Inds. reported net sales of 1,567.25 Cr in Mar'24, a decline from 1,782.86 Cr in Mar'23 and 1,625.04 Cr in Mar'22, but an increase from 1,020.76 Cr in Mar'21 and 876.57 Cr in Mar'20. Total operating income mirrored this trend, reaching 1,567.25 Cr in Mar'24, down from 1,782.86 Cr in Mar'23. The raw material cost decreased to 704.85 Cr in Mar'24 from 736.69 Cr in Mar'23, while total expenditure (excluding depreciation) slightly decreased to 1,320.79 Cr in Mar'24 from 1,366.35 Cr in Mar'23. Operating profit (PBDIT) fell to 268.33 Cr in Mar'24 from 435.87 Cr in Mar'23, leading to a profit before tax of 183.17 Cr, down from 350.96 Cr in the previous year. Profit after tax also decreased to 142.68 Cr in Mar'24 from 256.51 Cr in Mar'23. The earnings per share (EPS) dropped to 11.64 in Mar'24 from 20.92 in Mar'23. On the balance sheet, total assets increased to 1,890.73 Cr in Mar'24 from 1,704.83 Cr in Mar'23, while total liabilities rose to 1,890.73 Cr from 1,704.83 Cr. Cash flow from operating activities decreased to 134.00 Cr in Mar'24 from 337.00 Cr in Mar'23, but net cash inflow improved to 26.00 Cr from an outflow of 44.00 Cr in the previous year. Overall, while Greenpanel Inds. experienced growth in certain areas over the years, recent performance indicates a decline in profitability and cash flow.

How has been the historical performance of Greenpanel Inds.?

Greenpanel Inds. has experienced fluctuating financial performance, with net sales decreasing from 1,782.86 Cr in March 2023 to 1,567.25 Cr in March 2024, and a decline in operating profit and profit after tax. Despite growth in total assets, recent trends indicate challenges in profitability and cash flow management.

Answer:<BR>The historical performance of Greenpanel Inds. shows a fluctuating trend in key financial metrics over the past six years.<BR><BR>Breakdown:<BR>Greenpanel Inds. reported net sales of 1,567.25 Cr in March 2024, a decrease from 1,782.86 Cr in March 2023 and 1,625.04 Cr in March 2022, but an increase from 1,020.76 Cr in March 2021 and 876.57 Cr in March 2020. The total operating income followed a similar pattern, peaking at 1,782.86 Cr in March 2023 before declining to 1,567.25 Cr in March 2024. The company's operating profit (PBDIT) also saw a decline, from 435.87 Cr in March 2023 to 268.33 Cr in March 2024, reflecting a decrease in operating profit margin from 23.36% to 15.73%. Profit before tax decreased to 183.17 Cr in March 2024 from 350.96 Cr in March 2023, leading to a profit after tax of 142.68 Cr, down from 256.51 Cr the previous year. The total assets of the company increased to 1,890.73 Cr in March 2024 from 1,704.83 Cr in March 2023, while total liabilities also rose to 1,890.73 Cr from 1,704.83 Cr. Cash flow from operating activities decreased to 134.00 Cr in March 2024 from 337.00 Cr in March 2023, although the closing cash and cash equivalents improved to 40.00 Cr from 13.00 Cr. Overall, while Greenpanel Inds. has shown growth in sales and assets over the years, recent trends indicate challenges in profitability and cash flow management.

Who are the top shareholders of the Greenpanel Inds.?

The top shareholders of Greenpanel Industries include Prime Holdings Pvt. Ltd. with 39.24%, mutual funds with 28.51%, and Bandhan Sterling Value Fund at 5.78%. Individual investors hold 12.86%, while Foreign Institutional Investors own 2.93%, with no pledged promoter holdings reported.

The top shareholders of Greenpanel Industries include several key players. The majority of the shares are held by promoters, with Prime Holdings Pvt. Ltd. being the largest individual promoter, holding 39.24%. Additionally, mutual funds collectively hold 28.51% of the shares across 13 schemes. Among public shareholders, Bandhan Sterling Value Fund is the largest, owning 5.78%. Foreign Institutional Investors (FIIs) hold 2.93% of the shares, and individual investors account for 12.86%. There are no pledged promoter holdings reported.

Is Greenpanel Inds. overvalued or undervalued?

As of May 23, 2025, Greenpanel Industries Ltd. is considered very attractive and undervalued, with a PE ratio of 23.40, an EV to EBITDA of 13.78, and a strong long-term outlook despite a year-to-date decline of 27.3%.

As of 23 May 2025, the valuation grade for Greenpanel Industries Ltd. has moved from attractive to very attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued. Key ratios include a PE ratio of 23.40, an EV to EBITDA of 13.78, and a ROCE of 12.62%. <BR><BR>When compared to peers, Greenpanel's valuation metrics are competitive, with similar companies showing a PE ratio around 23.40 and an EV to EBITDA of approximately 13.78. Despite a recent downturn in stock performance year-to-date, where it has declined by 27.3% compared to a 5.58% increase in the Sensex, the long-term outlook remains strong, especially given the impressive 833.56% return over the past five years.

Has Greenpanel Inds. declared dividend?

Greenpanel Industries Ltd has declared a 30% dividend, amounting to ₹0.3 per share, with an ex-date of February 18, 2025. While the company shows significant volatility in total returns, it has experienced negative returns in the short term but a substantial positive return of 752.8% over the past five years.

Greenpanel Industries Ltd has declared a 30% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 30%<BR>- Amount per share: 0.3<BR>- Ex-date: Feb-18-2025<BR><BR>Dividend Yield: 0.11%.<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -23.44%, the dividend return was 0.09%, resulting in a total return of -23.35%.<BR><BR>For the 1-year period, the price return was -8.46%, the dividend return was 0.10%, leading to a total return of -8.36%.<BR><BR>Over 2 years, the price return was -16.47%, the dividend return was 0.53%, culminating in a total return of -15.94%.<BR><BR>In the 3-year period, the price return was -45.25%, the dividend return was 0.75%, resulting in a total return of -44.5%.<BR><BR>For the 4-year period, the price return was 8.54%, the dividend return was 2.15%, leading to a total return of 10.69%.<BR><BR>Over 5 years, the price return was 739.97%, the dividend return was 12.83%, resulting in a total return of 752.8%.<BR><BR>Overall, while Greenpanel Industries Ltd has declared a dividend, the total returns over various periods show significant volatility, with negative returns in the shorter terms but a remarkable positive return over the 5-year period. This indicates a mixed performance in terms of shareholder returns, especially in the short term.