Greenlam Industries Limited

NSE: GREENLAM · Plywood Boards/ Laminates

52W Range₹198 ₹279

Snapshot

Unlock Greenlam Industries Limited's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Greenlam Industries Limited is a leading manufacturer of surfacing solutions, including laminates, decorative veneers, engineered wood flooring, and doors. The company serves a diverse range of residential, commercial, and institutional clients through an extensive distribution network.

Business Model

The company generates revenue by manufacturing and selling interior and exterior surfacing products through a multi-tiered distribution network comprising distributors, dealers, and retailers. It leverages a portfolio of established brands to cater to both domestic and international markets.

  • Founded:1993

Growth Outlook

Growth is driven by the expansion of its product portfolio into engineered wood flooring and doors, alongside increasing demand for premium surfacing solutions in the hospitality and healthcare sectors. The company continues to strengthen its market position through brand-led initiatives and international market penetration.

Key Risks

  • Raw Material Price Volatility. Fluctuations in the cost of timber, chemicals, and paper can significantly impact operating margins.
  • Cyclicality of Real Estate. The company's performance is closely linked to the health of the construction and real estate sectors, which are prone to economic cycles.
  • Foreign Exchange Risk. As an exporter with international operations, the company is exposed to currency volatility affecting global trade competitiveness.
  • Intense Competition. The surfacing industry faces stiff competition from both organised players and unorganised local manufacturers, potentially pressuring pricing power.

Price

Start your research today

Unlock AI insights, financials, peers and live data on Greenlam Industries Limited and 5,000+ companies — free.

Start your research

Key Metrics

REVENUE

₹3,046 Cr

TTM · consolidated

+18.6%YoY

NET PROFIT

₹56 Cr

TTM · consolidated

-18.0%YoY

EPS

₹2.20

TTM · consolidated

-58.5%YoY

RETURN ON EQUITY

4.9%

TTM · consolidated

-1.4 ppYoY

RETURN ON CAPITAL EMPLOYED

9.4%

TTM · consolidated

+0.2 ppYoY

P/E

113.8x

Q4 FY26 · consolidated

113.8 vs 38.1x5Y avg

EV/EBITDA

22.1x

Q4 FY26 · consolidated

22.1 vs 27.3x5Y avg

EBITDA MARGIN

10.9%

TTM · consolidated

-0.2 ppYoY

NET PROFIT MARGIN

4.7%

Q4 FY26 · consolidated

+4.5 ppYoY

DEBT TO EQUITY

0.9x

Q4 FY26 · consolidated

-0.06xYoY

Peers · Plywood Boards/ Laminates

CompanyMkt Cap (Cr)P/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Greenlam Industries LimitedGREENLAM
5,444113.8222.1318.6%10.9%4.9%9.4%-5.0%
Century Plyboards (India) Ltd.CENTURYPLY
14,90866.8028.9519.2%12.2%11.1%15.5%+8.9%
Stylam Industries LimitedSTYLAMIND
3,72136.8224.0610.2%20.1%21.6%29.1%+89.7%
Greenply Industries LimitedGREENPLY
2,42244.5315.4310.1%10.6%10.8%17.1%0.0%
Greenpanel Industries LimitedGREENPANEL
2,241-84.8929.967.2%6.1%-2.1%-0.4%-30.7%
Rushil DecorRUSHIL
43767.099.43-4.0%8.8%1.0%4.8%-45.7%

As of Q4 FY26

Financials