Why is Greenlam Industries Ltd ?
1
Poor long term growth as Operating profit has grown by an annual rate 9.28% of over the last 5 years
2
The company has declared Negative results for the last 8 consecutive quarters
- PAT(Latest six months) At Rs 16.97 cr has Grown at -69.08%
- INTEREST(Latest six months) At Rs 49.88 cr has Grown at 37.94%
- ROCE(HY) Lowest at 6.49%
3
Falling Participation by Institutional Investors
- Institutional investors have decreased their stake by -0.56% over the previous quarter and collectively hold 16.33% of the company
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors
4
Below par performance in long term as well as near term
- Along with generating -17.75% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Plywood Boards/ Laminates)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Greenlam Industr for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Greenlam Industr
-17.6%
-0.43
41.10%
Sensex
4.83%
0.41
11.83%
Quality key factors
Factor
Value
Sales Growth (5y)
19.57%
EBIT Growth (5y)
9.28%
EBIT to Interest (avg)
6.16
Debt to EBITDA (avg)
2.97
Net Debt to Equity (avg)
0.97
Sales to Capital Employed (avg)
1.31
Tax Ratio
52.82%
Dividend Payout Ratio
15.21%
Pledged Shares
0
Institutional Holding
16.33%
ROCE (avg)
12.17%
ROE (avg)
11.74%
Valuation Key Factors 
Factor
Value
P/E Ratio
193
Industry P/E
35
Price to Book Value
5.40
EV to EBIT
50.03
EV to EBITDA
26.25
EV to Capital Employed
3.23
EV to Sales
2.62
PEG Ratio
NA
Dividend Yield
0.17%
ROCE (Latest)
6.46%
ROE (Latest)
2.79%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Bearish
Dow Theory
No Trend
No Trend
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
4What is working for the Company
NET SALES(Q)
Highest at Rs 808.26 cr
PBDIT(Q)
Highest at Rs 104.39 cr.
OPERATING PROFIT TO NET SALES(Q)
Highest at 12.92%
PBT LESS OI(Q)
Highest at Rs 44.90 cr.
-16What is not working for the Company
PAT(Latest six months)
At Rs 16.97 cr has Grown at -69.08%
INTEREST(Latest six months)
At Rs 49.88 cr has Grown at 37.94%
ROCE(HY)
Lowest at 6.49%
Loading Valuation Snapshot...
Here's what is working for Greenlam Industr
Net Sales - Quarterly
Highest at Rs 808.26 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 104.39 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Highest at 12.92%
in the last five quartersMOJO Watch
Company's efficiency has improved
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 44.90 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Here's what is not working for Greenlam Industr
Interest - Latest six months
At Rs 49.88 cr has Grown at 37.94%
over previous Half yearly periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Profit After Tax (PAT) - Quarterly
At Rs 32.33 cr has Fallen at -6.6%
Year on Year (YoY)MOJO Watch
Near term PAT trend is negative
PAT (Rs Cr)






