Greenlam Industries Limited

NSEI:GREENLAM Stock Report

Market Cap: ₹58.2b

Greenlam Industries Management

Management criteria checks 3/4

Greenlam Industries' CEO is Saurabh Mittal, appointed in Nov 2014, has a tenure of 11.33 years. total yearly compensation is ₹83.25M, comprised of 29.3% salary and 70.7% bonuses, including company stock and options. directly owns 11.33% of the company’s shares, worth ₹6.59B. The average tenure of the management team and the board of directors is 11.3 years and 6.2 years respectively.

Key information

Saurabh Mittal

Chief executive officer

₹83.2m

Total compensation

CEO salary percentage29.33%
CEO tenure11.3yrs
CEO ownership11.3%
Management average tenure11.3yrs
Board average tenure6.2yrs

Recent management updates

Recent updates

Does Greenlam Industries (NSE:GREENLAM) Have A Healthy Balance Sheet?

Jan 06
Does Greenlam Industries (NSE:GREENLAM) Have A Healthy Balance Sheet?

Capital Allocation Trends At Greenlam Industries (NSE:GREENLAM) Aren't Ideal

Dec 09
Capital Allocation Trends At Greenlam Industries (NSE:GREENLAM) Aren't Ideal

Greenlam Industries Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Nov 12
Greenlam Industries Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Greenlam Industries Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Jul 13
Greenlam Industries Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Greenlam Industries' (NSE:GREENLAM) Dividend Will Be Reduced To ₹0.40

Jun 15
Greenlam Industries' (NSE:GREENLAM) Dividend Will Be Reduced To ₹0.40

What You Can Learn From Greenlam Industries Limited's (NSE:GREENLAM) P/E

May 13
What You Can Learn From Greenlam Industries Limited's (NSE:GREENLAM) P/E

Is There Now An Opportunity In Greenlam Industries Limited (NSE:GREENLAM)?

Mar 19
Is There Now An Opportunity In Greenlam Industries Limited (NSE:GREENLAM)?
User avatar

New Particle Board Plant And Efficiency Improvements Will Strengthen Competitiveness

Greenlam's capacity expansion and efficient operations could drive revenue and improve net margins through cost discipline and enhanced efficiencies.

Here's Why Greenlam Industries (NSE:GREENLAM) Has A Meaningful Debt Burden

Jan 10
Here's Why Greenlam Industries (NSE:GREENLAM) Has A Meaningful Debt Burden

Market Participants Recognise Greenlam Industries Limited's (NSE:GREENLAM) Earnings

Nov 27
Market Participants Recognise Greenlam Industries Limited's (NSE:GREENLAM) Earnings

Greenlam Industries Limited Just Missed Earnings - But Analysts Have Updated Their Models

Jul 26
Greenlam Industries Limited Just Missed Earnings - But Analysts Have Updated Their Models

Solid Earnings May Not Tell The Whole Story For Greenlam Industries (NSE:GREENLAM)

Jun 05
Solid Earnings May Not Tell The Whole Story For Greenlam Industries (NSE:GREENLAM)

Greenlam Industries Limited (NSE:GREENLAM) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?

Jun 01
Greenlam Industries Limited (NSE:GREENLAM) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?

Is It Time To Consider Buying Greenlam Industries Limited (NSE:GREENLAM)?

May 07
Is It Time To Consider Buying Greenlam Industries Limited (NSE:GREENLAM)?

Does Greenlam Industries (NSE:GREENLAM) Have A Healthy Balance Sheet?

Mar 27
Does Greenlam Industries (NSE:GREENLAM) Have A Healthy Balance Sheet?

Here's Why We Think Greenlam Industries (NSE:GREENLAM) Might Deserve Your Attention Today

Mar 12
Here's Why We Think Greenlam Industries (NSE:GREENLAM) Might Deserve Your Attention Today

Earnings Miss: Greenlam Industries Limited Missed EPS By 24% And Analysts Are Revising Their Forecasts

Feb 07
Earnings Miss: Greenlam Industries Limited Missed EPS By 24% And Analysts Are Revising Their Forecasts

Getting In Cheap On Greenlam Industries Limited (NSE:GREENLAM) Might Be Difficult

Jan 17
Getting In Cheap On Greenlam Industries Limited (NSE:GREENLAM) Might Be Difficult

With EPS Growth And More, Greenlam Industries (NSE:GREENLAM) Makes An Interesting Case

Nov 21
With EPS Growth And More, Greenlam Industries (NSE:GREENLAM) Makes An Interesting Case

Greenlam Industries (NSE:GREENLAM) Will Want To Turn Around Its Return Trends

Sep 26
Greenlam Industries (NSE:GREENLAM) Will Want To Turn Around Its Return Trends

Greenlam Industries (NSE:GREENLAM) Is Paying Out A Larger Dividend Than Last Year

Jun 02
Greenlam Industries (NSE:GREENLAM) Is Paying Out A Larger Dividend Than Last Year

Here's Why We Think Greenlam Industries (NSE:GREENLAM) Might Deserve Your Attention Today

May 30
Here's Why We Think Greenlam Industries (NSE:GREENLAM) Might Deserve Your Attention Today

Is Greenlam Industries (NSE:GREENLAM) A Risky Investment?

Mar 29
Is Greenlam Industries (NSE:GREENLAM) A Risky Investment?

CEO Compensation Analysis

How has Saurabh Mittal's remuneration changed compared to Greenlam Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025n/an/a

₹189m

Sep 30 2025n/an/a

₹318m

Jun 30 2025n/an/a

₹341m

Mar 31 2025₹83m₹24m

₹697m

Dec 31 2024n/an/a

₹1b

Sep 30 2024n/an/a

₹1b

Jun 30 2024n/an/a

₹1b

Mar 31 2024n/an/a

₹1b

Dec 31 2023n/an/a

₹1b

Sep 30 2023n/an/a

₹1b

Jun 30 2023n/an/a

₹1b

Mar 31 2023₹82m₹24m

₹1b

Dec 31 2022n/an/a

₹1b

Sep 30 2022n/an/a

₹1b

Jun 30 2022n/an/a

₹980m

Mar 31 2022₹60m₹24m

₹907m

Dec 31 2021n/an/a

₹961m

Sep 30 2021n/an/a

₹1b

Jun 30 2021n/an/a

₹989m

Mar 31 2021₹41m₹18m

₹738m

Dec 31 2020n/an/a

₹645m

Sep 30 2020n/an/a

₹616m

Jun 30 2020n/an/a

₹706m

Mar 31 2020₹52m₹24m

₹867m

Dec 31 2019n/an/a

₹887m

Sep 30 2019n/an/a

₹794m

Jun 30 2019n/an/a

₹702m

Mar 31 2019₹50m₹24m

₹771m

Compensation vs Market: Saurabh's total compensation ($USD905.82K) is above average for companies of similar size in the Indian market ($USD431.05K).

Compensation vs Earnings: Saurabh's compensation has been consistent with company performance over the past year.


CEO

Saurabh Mittal (50 yo)

11.3yrs
Tenure
₹83,248,000
Compensation

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...


Leadership Team

NamePositionTenureCompensationOwnership
Saurabh Mittal
MD, CEO & Director11.3yrs₹83.25m11.33%
₹ 6.6b
Ashok Sharma
CFO & Chief Investor Relations Officer11.3yrs₹17.72mno data
Yogesh Pethkar
Senior Vice President of Operations1.2yrs₹3.18mno data
Prashant Srivastava
Senior Vice President of HRno data₹10.45mno data
Prakash Biswal
Company Secretary11.3yrs₹8.70mno data
Parul Mittal
Whole-Time Directorno data₹47.45m1.88%
₹ 1.1b
Pankaj Rishi
Chief Operating Officer of Middle East & North Africano data₹32.46mno data
Alex Joseph
Head of Marketing of Laminate & Allied of Domesticno data₹10.14mno data
Banwari Sharma
Head of Manufacturing & President of Plant Operationsno data₹6.02mno data
Anuj Sangal
Country Sales Head of Greenlam Laminate & Allied Verticalno datano datano data
Lokesh Dutt
Head of India Exportsno data₹8.05mno data
Devendra Gupta
Senior VP of Purchase & Head of Purchasesno datano datano data
11.3yrs
Average Tenure
52.5yo
Average Age

Experienced Management: GREENLAM's management team is seasoned and experienced (11.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Saurabh Mittal
MD, CEO & Director12.6yrs₹83.25m11.33%
₹ 6.6b
Parul Mittal
Whole-Time Director11.3yrs₹47.45m1.88%
₹ 1.1b
Sandip Das
Independent Non-Executive Director6.8yrs₹2.89m0.012%
₹ 6.9m
Jalaj Dani
Non-Executive Non Independent Director2.8yrs₹2.74mno data
Shiv Mittal
Non-Executive Chairman12.6yrs₹2.15mno data
Matangi Gowrishankar
Independent Woman Director5.6yrs₹2.84mno data
Rahul Chhabra
Independent Director2.8yrs₹2.69mno data
Yogesh Kapur
Independent Director4.6yrs₹2.84mno data
6.2yrs
Average Tenure
65.5yo
Average Age

Experienced Board: GREENLAM's board of directors are considered experienced (6.2 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/11 12:31
End of Day Share Price 2026/03/11 00:00
Earnings2025/12/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Greenlam Industries Limited is covered by 23 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rishab BothraAnand Rathi Shares and Stock Brokers Limited
Utkarsh NopanyAnand Rathi Shares and Stock Brokers Limited
null nullAnand Rathi Shares and Stock Brokers Limited