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Greenlam Industries Ltd share price logo

Greenlam Industries Ltd

(GREENLAM)

₹511.350.01%

as on 04:01PM, 21 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Greenlam Industries Ltd Analyst Rating

based on 12 analysts

BUY

75.00%

Buy

25.00%

Hold

0.00%

Sell

Based on 12 analysts offering long term price targets for Greenlam Industries Ltd. An average target of ₹638.67

Source: S&P Global Market Intelligence

Greenlam Industries Ltd Share analysis

Greenlam Industries Ltd price forecast by 12 analysts

Upside of24.91%

High

₹801

Target

₹638.67

Low

₹530

Greenlam Industries Ltd target price ₹638.67, a slight upside of 24.91% compared to current price of ₹511.35. According to 12 analysts rating.

Source: S&P Global Market Intelligence

Greenlam Industries Ltd Performance

  • Day's Low

    Day's High

    ₹503
    ₹521.7
  • 52 Week's Low

    52 Week's High

    ₹431
    ₹662
1 Month Return-0.69 %
3 Month Return-10.7 %
1 Year Return-16.68 %
Previous Close₹511.30
Open₹503.00
Volume13.59K
Upper Circuit-
Lower Circuit-
Market Cap₹6,522.85Cr

Greenlam Industries Ltd Key Statistics

P/E Ratio48.88
PEG Ratio-56.19
Market Cap₹6,522.85 Cr
P/B Ratio6.11
EPS10.82
Dividend Yield0.33
SectorPlywood Boards/Laminates
ROE14.83

Greenlam Industries Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹6,522.85 Cr36.27%0.67₹138 Cr₹2,306 Cr
NA₹174.58 Cr74.04%0.76₹7 Cr₹206 Cr
NA₹18.11 Cr-10.33%1.53NANA
NA₹161.22 Cr44.39%0.62₹3 Cr₹109 Cr
NA₹248.85 Cr71.33%0.65NANA

About Greenlam Industries Ltd

Greenlam Industries Limited, incorporated on August 12th 2013 and engaged in the business of manufacturing laminates, decorative veneers, and other allied products, has two overseas subsidiaries (Greenlam Asia Pacific Pte Ltd and Greenlam America Inc), two domestic subsidiaries (Greenlam South Ltd & HG Industries Limited) with 74.91 shares respectively, and various branches and dealers all over the country. Through the Composite Scheme of Arrangement that was approved by the Honorable Gauhati High Court in October 2014 the decorative business of Greenply Industries Limited was demerged and transferred to Greenlam Industries Limited and became effective on November 17, 2014. Subsequently, the Company started the manufacturing and production of Engineered Door Sets, with an additional 2 million laminate sheets per annum by June 2017, and later in September 2019, with the addition of another 1.6 million laminate sheets, the Company now has a capacity of 15.62 million laminate sheets per annum. Moreover, Greenlam Industries Limited has International subsidiaries in Dubai, Indonesia, Russia, and Poland. Also, the Company acquired 74.91 equity share capital of HG Industries Limited, thereafter becoming its subsidiary. Lastly, the Company has extended its service by setting up a branch office in Kathmandu, Nepal.

Share Price: ₹511.35 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹6,522.85Cr as of today
Revenue: ₹680.81Cr as on September 2024 (Q3 24)
Net Profit: ₹34.45Cr as on September 2024 (Q3 24)
Listing date: 02 Mar, 2015
Chairperson Name: Shiv Prakash Mittal
OrganisationGreenlam Industries Ltd
Headquarters
IndustryPlywood Boards/Laminates
E-voting on sharesClick here to vote

Key events for Greenlam Industries Ltd

  • Greenlam Industries Expands Capacity and Acquires Stake - 20 Nov, 2024

    Greenlam Industries is investing Rs 600 crore in particle board production and Rs 225 crore in laminate production. The company also acquired a 74.9% stake in HG Industries, enhancing its plywood manufacturing capabilities.

  • Greenlam Industries Q2 Performance and Target Update - 11 Nov, 2024

    Greenlam Industries reported a 12.8% increase in Q2 revenue to Rs 6.8 billion, with EBITDA rising 7.7%. However, PAT fell 11.6% due to higher depreciation and interest. Anand Rathi maintains a Buy recommendation with a revised target price of Rs 801.

  • Greenlam Industries Establishes Subsidiary in Egypt - 04 Nov, 2024

    Greenlam Industries has established a wholly owned subsidiary in Egypt named GRLAM TRADING, focusing on distributing high-pressure laminates and other wood-based products.

  • Greenlam Industries Reports Mixed Q2 Results - 30 Oct, 2024

    Greenlam Industries reported a 3.64% increase in net sales to Rs 586.20 crore for September 2024, but net profit fell 26.82% to Rs 30.42 crore. EBITDA also declined by 6.08%. The stock has seen a -18.44% return over the last 6 months.

  • Greenlam Industries Reports Q2 FY25 Results - 29 Oct, 2024

    Greenlam Industries Ltd. reported Q2 FY25 results with a net profit decline of 11.6% YoY to ₹34.44 crore, despite a 12.8% revenue increase to ₹680.81 crore. Shares fell over 3% following the announcement.

Insights on Greenlam Industries Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 20.27 Cr → 34.62 Cr (in ₹), with an average increase of 41.5% per quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, GREENLAM has outperformed top 5 stocks with highest market-cap in Forest & Wood Products

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 31.64% to 31.66% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 607.84 Cr → 688.97 Cr (in ₹), with an average increase of 11.8% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 12.90% to 12.93% in Sep 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 50.98% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Greenply Industries Ltd has given 57.0% return, outperforming this stock by 73.7%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 year, GREENLAM stock has moved down by -16.7%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 1.77% to 1.72% in Sep 2024 quarter

Greenlam Industries Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹603.64Cr (-)₹563.37Cr (↓6.67%)₹624.09Cr (↑10.78%)₹604.71Cr (↓3.11%)₹680.81Cr (↑12.58%)
Net Income₹38.97Cr (-)₹25.26Cr (↓35.18%)₹40.79Cr (↑61.48%)₹19.89Cr (↓51.24%)₹34.45Cr (↑73.20%)
Net Profit Margin6.46% (-)4.48% (↓30.65%)6.54% (↑45.98%)3.29% (↓49.69%)5.06% (↑53.80%)
Value in ₹ crore
Details2021202220232024
Total Assets₹1,121.34Cr (-)₹1,314.64Cr (↑17.24%)₹1,734.70Cr (↑31.95%)₹1,982.27Cr (↑14.27%)
Total Liabilities₹562.94Cr (-)₹682.71Cr (↑21.28%)₹813.90Cr (↑19.22%)₹935.93Cr (↑14.99%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹128.51Cr (-)₹189.81Cr (↑47.70%)₹51.03Cr (↓73.12%)₹154.35Cr (↑202.47%)₹217.69Cr (↑41.04%)

Index Inclusions

BSE Small-Cap

₹52,141.15

-0.67 (-349.79%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Greenlam Industries Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
50.98%
0.00
Foreign Institutions
1.72%
-2.62
Mutual Funds
12.93%
0.21
Retail Investors
31.66%
0.06
Others
2.7%
0.00

Greenlam Industries Ltd Key Indicators

Details20202021202220232024
Return On Assets %8.326.586.97.426.98
Details20202021202220232024
Book Value Per Share (₹)41.4947.5254.2275.4584.43
Details20202021202220232024
Earning Per Share (₹)7.186.117.5110.1210.82
Details20202021202220232024
Return On Equity %20.4314.4314.3415.5714.83

Greenlam Industries Ltd Valuation

Greenlam Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (12.64x)

March 27, 2020

Industry (42.29x)

November 19, 2024

Today (48.88x)

November 19, 2024

Highest (94.51x)

January 13, 2022

LowHigh

Greenlam Industries Ltd Earnings and Dividends

  • Greenlam Industries Ltd Earnings Results

    Greenlam Industries Ltd’s net profit fell -11.3% since last year same period to ₹34.62Cr in the Q2 2024-2025. On a quarterly growth basis, Greenlam Industries Ltd has generated 70.79% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Greenlam Industries Ltd Dividends May,2024

    In the quarter ending March 2024, Greenlam Industries Ltd has declared dividend of ₹1.65 - translating a dividend yield of 0.32%.

    Read More about Dividends

Greenlam Industries Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Greenlam Industries Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Greenlam Industries Ltd (GREENLAM) share price today is ₹511.35

Greenlam Industries Ltd is listed on NSE

Greenlam Industries Ltd is listed on BSE

  • Today’s highest price of Greenlam Industries Ltd is ₹521.7.
  • Today’s lowest price of Greenlam Industries Ltd is ₹503.

PE Ratio of Greenlam Industries Ltd is 48.88

PE ratio = Greenlam Industries Ltd Market price per share / Greenlam Industries Ltd Earnings per share

Today’s traded volume of Greenlam Industries Ltd(GREENLAM) is 13.59K.

Today’s market capitalisation of Greenlam Industries Ltd(GREENLAM) is ₹6522.85Cr.

Greenlam Industries Ltd(GREENLAMPrice
52 Week High
₹662
52 Week Low
₹431

Greenlam Industries Ltd(GREENLAM) share price is ₹511.35. It is down -22.76% from its 52 Week High price of ₹662

Greenlam Industries Ltd(GREENLAM) share price is ₹511.35. It is up 18.64% from its 52 Week Low price of ₹431

Greenlam Industries Ltd(GREENLAMReturns
1 Day Returns
0.05%
1 Month Returns
-0.69%
3 Month Returns
-10.7%
1 Year Returns
-16.68%