BSE:526797

Stock Analysis Report

Greenply Industries

Executive Summary

Greenply Industries Limited, an interior infrastructure company, manufactures, markets, trades in, and distributes plywood and medium density fiber boards in India and internationally.

Snowflake

Fundamentals

Adequate balance sheet unattractive dividend payer.

Share Price & News

How has Greenply Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

4.2%

BSE:526797

2.9%

IN Forestry

-0.7%

IN Market


1 Year Return

-27.6%

BSE:526797

-35.9%

IN Forestry

-12.1%

IN Market

526797 outperformed the Forestry industry which returned -35.9% over the past year.

526797 underperformed the Market in India which returned -12.1% over the past year.


Share holder returns

526797IndustryMarket
7 Day4.2%2.9%-0.7%
30 Day11.0%-3.0%-4.6%
90 Day-2.6%-8.1%-4.3%
1 Year-27.6%-27.6%-35.1%-35.9%-10.3%-12.1%
3 Year-47.1%-47.3%-2.8%-5.3%18.9%12.8%
5 Year-21.9%-22.7%80.8%73.2%37.6%24.7%

Price Volatility Vs. Market

How volatile is Greenply Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Greenply Industries undervalued based on future cash flows and its price relative to the stock market?

14.77x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Greenply Industries's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Greenply Industries's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Greenply Industries is overvalued based on earnings compared to the IN Forestry industry average.

Greenply Industries is overvalued based on earnings compared to the India market.


Price Based on Expected Growth

Greenply Industries is poor value based on expected growth next year.


Price Based on Value of Assets

Greenply Industries is overvalued based on assets compared to the IN Forestry industry average.


Next Steps

Future Growth

How is Greenply Industries expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

14.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Greenply Industries's revenue is expected to grow by 4.9% yearly, however this is not considered high growth (20% yearly).

Greenply Industries's earnings are expected to grow by 14.6% yearly, however this is not considered high growth (20% yearly).

Greenply Industries's revenue growth is positive but not above the India market average.

Greenply Industries's earnings growth is positive but not above the India market average.

Greenply Industries's earnings growth is expected to exceed the low risk savings rate of 7.6%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Greenply Industries will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Greenply Industries performed over the past 5 years?

-2.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Greenply Industries's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

Greenply Industries's 1-year earnings growth exceeds its 5-year average (7.5% vs -2.9%)

Greenply Industries's earnings growth has not exceeded the IN Forestry industry average in the past year (7.5% vs 43.2%).


Return on Equity

Greenply Industries has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Greenply Industries used its assets less efficiently than the IN Forestry industry average last year based on Return on Assets.


Return on Capital Employed

Greenply Industries's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Greenply Industries's financial position?


Financial Position Analysis

Greenply Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Greenply Industries's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Greenply Industries's level of debt (73.4%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (115% vs 73.4% today).

Debt is not well covered by operating cash flow (15.8%, less than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 4x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.1x debt.


Next Steps

Dividend

What is Greenply Industries's current dividend yield, its reliability and sustainability?

0.54%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Greenply Industries's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.63%).

Greenply Industries's dividend is below the markets top 25% of dividend payers in India (2.52%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are thoroughly covered by earnings (16.1x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Greenply Industries's salary, the management and board of directors tenure and is there insider trading?

7.8yrs

Average management tenure


CEO

Greenply Industries has no CEO, or we have no data on them.


Management Age and Tenure

7.8yrs

Average Tenure

58yo

Average Age

The average tenure for the Greenply Industries management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

13.0yrs

Average Tenure

58yo

Average Age

The average tenure for the Greenply Industries board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Rajesh Mittal (56yo)

    MD & Executive Director

    • Compensation: 51.75m
  • Neeladri Basu (48yo)

    Senior Vice President of Finance & Accounts - EPD

    • Tenure: 6.5yrs
  • Kaushal Agarwal (42yo)

    VP of Legal

  • Yogesh Arora (62yo)

    President of Sales & Marketing - EPD

    • Tenure: 10.3yrs
  • Jinendra Jain (58yo)

    Vice President of Raw Material - EPD

    • Tenure: 5.9yrs
  • Sanidhya Mittal (27yo)

    Executive Director

    • Compensation: 4.86m
  • Subhash Aggarwal (59yo)

    Senior Vice President of Operations - EPD

    • Tenure: 9.2yrs
  • Vikas Marwaha

    Country Head

  • Ashok Parekh (61yo)

    Chief Executive Engineer - EPD

    • Tenure: 11.3yrs
  • Subir Palit (58yo)

    Country Head of Sales & Marketing -PBD

    • Tenure: 2.8yrs

Board Members

  • Vinod Kothari (57yo)

    Independent Non-Executive Director

    • Tenure: 13.3yrs
    • Compensation: 1.54m
  • Rajesh Mittal (56yo)

    MD & Executive Director

    • Tenure: 28.6yrs
    • Compensation: 51.75m
  • Anupam Mukerji (83yo)

    Independent Non-Executive Director

    • Tenure: 13.0yrs
    • Compensation: 1.70m
  • Sonali Dalal (58yo)

    Independent Non-Executive Director

    • Tenure: 12.6yrs
    • Compensation: 1.16m
  • Susil Pal (76yo)

    Independent Director

    • Tenure: 13.7yrs
    • Compensation: 1.70m
  • Upendra Challu (69yo)

    Independent Non-Executive Director

    • Tenure: 7.0yrs
    • Compensation: 1.62m
  • Sanidhya Mittal (27yo)

    Executive Director

    • Tenure: 1.5yrs
    • Compensation: 4.86m

Company Information

Greenply Industries Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Greenply Industries Limited
  • Ticker: 526797
  • Exchange: BSE
  • Founded: 1990
  • Industry: forest products
  • Sector: materials
  • Market Cap: ₹17.517b
  • Shares outstanding: 122.63m
  • Website: Click here

Location

  • Greenply Industries Limited
  • Madgul Lounge
  • 5th & 6th Floor
  • Kolkata
  • West Bengal
  • 700027
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
526797BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 2004
GREENPLYNSEI (National Stock Exchange of India)YesEquity SharesININRDec 2004

Biography

Greenply Industries Limited, an interior infrastructure company, manufactures, markets, trades in, and distributes plywood and medium density fiber boards in India and internationally. It operates in two s ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 12:32
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.