GREENLAM Stock Overview
Greenlam Industries Limited manufactures and sells laminates, decorative veneers, and their allied products in India and internationally.
Greenlam Industries Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹331.95|
|52 Week High||₹418.30|
|52 Week Low||₹231.44|
|1 Month Change||10.25%|
|3 Month Change||-7.23%|
|1 Year Change||39.95%|
|3 Year Change||125.10%|
|5 Year Change||106.22%|
|Change since IPO||241.41%|
Recent News & Updates
Greenlam Industries (NSE:GREENLAM) Has A Pretty Healthy Balance Sheet
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Does Greenlam Industries (NSE:GREENLAM) Deserve A Spot On Your Watchlist?
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
|GREENLAM||IN Building||IN Market|
Return vs Industry: GREENLAM exceeded the Indian Building industry which returned -9.1% over the past year.
Return vs Market: GREENLAM exceeded the Indian Market which returned -2.5% over the past year.
|GREENLAM Average Weekly Movement||5.8%|
|Building Industry Average Movement||7.1%|
|Market Average Movement||6.9%|
|10% most volatile stocks in IN Market||9.8%|
|10% least volatile stocks in IN Market||4.5%|
Stable Share Price: GREENLAM is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: GREENLAM's weekly volatility (6%) has been stable over the past year.
About the Company
Greenlam Industries Limited manufactures and sells laminates, decorative veneers, and their allied products in India and internationally. It operates through Laminate & Allied Products and Veneer & Allied Products segments. The company provides laminates for homes, kitchens, offices, or other premises; decorative and designer laminates for kitchen, living room, office, or commercial spaces; compact laminates for restroom cubicles, lockers, furniture, panels, work tops, lab furniture, facades, etc.; and laminates for exterior and interior claddings.
Greenlam Industries Fundamentals Summary
|GREENLAM fundamental statistics|
Is GREENLAM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GREENLAM income statement (TTM)|
|Cost of Revenue||₹9.44b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||7.14|
|Net Profit Margin||5.30%|
How did GREENLAM perform over the long term?See historical performance and comparison
0.4%Current Dividend Yield
Does GREENLAM pay a reliable dividends?See GREENLAM dividend history and benchmarks
|Greenlam Industries dividend dates|
|Ex Dividend Date||Jul 07 2022|
|Dividend Pay Date||Sep 09 2022|
|Days until Ex dividend||13 days|
|Days until Dividend pay date||77 days|
Does GREENLAM pay a reliable dividends?See GREENLAM dividend history and benchmarks
Is GREENLAM undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for GREENLAM?
Other financial metrics that can be useful for relative valuation.
|What is GREENLAM's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does GREENLAM's PE Ratio compare to its peers?
|GREENLAM PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
Price-To-Earnings vs Peers: GREENLAM is expensive based on its Price-To-Earnings Ratio (46.7x) compared to the peer average (26.8x).
Price to Earnings Ratio vs Industry
How does GREENLAM's PE Ratio compare vs other companies in the Indian Building Industry?
Price-To-Earnings vs Industry: GREENLAM is expensive based on its Price-To-Earnings Ratio (46.7x) compared to the Indian Building industry average (20.7x)
Price to Earnings Ratio vs Fair Ratio
What is GREENLAM's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||46.7x|
|Fair PE Ratio||27.7x|
Price-To-Earnings vs Fair Ratio: GREENLAM is expensive based on its Price-To-Earnings Ratio (46.7x) compared to the estimated Fair Price-To-Earnings Ratio (27.7x).
Share Price vs Fair Value
What is the Fair Price of GREENLAM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: GREENLAM (₹331.95) is trading above our estimate of fair value (₹13.99)
Significantly Below Fair Value: GREENLAM is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: GREENLAM is poor value based on its PEG Ratio (2x)
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How is Greenlam Industries forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GREENLAM's forecast earnings growth (23.9% per year) is above the savings rate (6.7%).
Earnings vs Market: GREENLAM's earnings (23.9% per year) are forecast to grow faster than the Indian market (17.5% per year).
High Growth Earnings: GREENLAM's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GREENLAM's revenue (16.3% per year) is forecast to grow faster than the Indian market (11.5% per year).
High Growth Revenue: GREENLAM's revenue (16.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GREENLAM's Return on Equity is forecast to be low in 3 years time (18%).
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How has Greenlam Industries performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GREENLAM has high quality earnings.
Growing Profit Margin: GREENLAM's current net profit margins (5.3%) are lower than last year (6.1%).
Past Earnings Growth Analysis
Earnings Trend: GREENLAM's earnings have grown by 10% per year over the past 5 years.
Accelerating Growth: GREENLAM's earnings growth over the past year (23%) exceeds its 5-year average (10% per year).
Earnings vs Industry: GREENLAM earnings growth over the past year (23%) underperformed the Building industry 32.7%.
Return on Equity
High ROE: GREENLAM's Return on Equity (13.8%) is considered low.
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How is Greenlam Industries's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: GREENLAM's short term assets (₹8.6B) exceed its short term liabilities (₹5.1B).
Long Term Liabilities: GREENLAM's short term assets (₹8.6B) exceed its long term liabilities (₹2.2B).
Debt to Equity History and Analysis
Debt Level: GREENLAM's net debt to equity ratio (25.8%) is considered satisfactory.
Reducing Debt: GREENLAM's debt to equity ratio has reduced from 99.9% to 52.7% over the past 5 years.
Debt Coverage: GREENLAM's debt is well covered by operating cash flow (20.6%).
Interest Coverage: GREENLAM's interest payments on its debt are well covered by EBIT (9.6x coverage).
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What is Greenlam Industries's current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Future Dividend Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: GREENLAM's dividend (0.36%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.44%).
High Dividend: GREENLAM's dividend (0.36%) is low compared to the top 25% of dividend payers in the Indian market (1.92%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, GREENLAM has been paying a dividend for less than 10 years.
Growing Dividend: GREENLAM's dividend payments have increased, but the company has only paid a dividend for 7 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16%), GREENLAM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: GREENLAM is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Saurabh Mittal (46 yo)
Mr. Saurabh Mittal, B.Com has been Chief Executive Officer and Managing Director of Greenlam Industries Limited since November 2014. Mr. Mittal served as Chief Executive Officer and Joint Managing Director...
CEO Compensation Analysis
Compensation vs Market: Saurabh's total compensation ($USD523.94K) is above average for companies of similar size in the Indian market ($USD272.05K).
Compensation vs Earnings: Saurabh's compensation has been consistent with company performance over the past year.
Experienced Management: GREENLAM's management team is seasoned and experienced (7.6 years average tenure).
Experienced Board: GREENLAM's board of directors are considered experienced (7.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.2%.
Greenlam Industries Limited's employee growth, exchange listings and data sources
- Name: Greenlam Industries Limited
- Ticker: GREENLAM
- Exchange: NSEI
- Founded: 2013
- Industry: Building Products
- Sector: Capital Goods
- Implied Market Cap: ₹42.352b
- Shares outstanding: 126.99m
- Website: https://www.greenlamindustries.com
Number of Employees
- Greenlam Industries Limited
- Worldmark 1
- West Wing, 2nd Floor
- New Delhi
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/23 00:00|
|End of Day Share Price||2022/06/23 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.