Greenpanel Industries Management
Management criteria checks 3/4
Greenpanel Industries' CEO is Shobhan Mittal, appointed in Jul 2019, has a tenure of 6.92 years. total yearly compensation is ₹64.75M, comprised of 97.1% salary and 2.9% bonuses, including company stock and options. directly owns 13.59% of the company’s shares, worth ₹3.23B. The average tenure of the management team and the board of directors is 3.8 years and 7.9 years respectively.
Key information
Shobhan Mittal
Chief executive officer
₹64.7m
Total compensation
| CEO salary percentage | 97.13% |
| CEO tenure | 6.9yrs |
| CEO ownership | 13.6% |
| Management average tenure | 3.8yrs |
| Board average tenure | 7.9yrs |
Recent management updates
Recent updates
Narrative Update • Jun 10
GREENPANEL: Lower Margin Outlook Will Drive A More Cautious Stance
Analysts have trimmed their price target on Greenpanel Industries from ₹260.00 to ₹170.00, reflecting updated assumptions for slightly lower revenue growth, profit margins and future P/E, along with a modestly reduced discount rate. What's in the News A board meeting is scheduled on May 15, 2026, at 17:00 IST to consider and approve audited financial results for the quarter and year ended March 31, 2026.
Narrative Update • May 27
GREENPANEL: Future P/E Repricing Will Support Upcoming Dividend Decisions
Analysts have revised their price target for Greenpanel Industries from about ₹308 to around ₹243, reflecting updated assumptions for lower revenue growth and profit margins, partly offset by a higher future P/E and a reduced discount rate. What's in the News A board meeting is scheduled for May 15, 2026, at 17:00 IST to consider and approve the audited financial results for the quarter and year ended March 31, 2026, along with the auditor's report for the same period (Key Developments).Narrative Update • Jan 10
GREENPANEL: Higher Revenue Assumptions And P/E Will Support A Bullish Outlook
Analysts have maintained their price target for Greenpanel Industries at ₹260.00. This reflects slightly higher assumptions for revenue growth and the future P/E multiple, partly offset by more conservative profit margin expectations and a marginally higher discount rate.Narrative Update • Dec 14
GREENPANEL: Profit Margins And Risk Profile Will Shape A Balanced Outlook
Analysts have raised their price target on Greenpanel Industries from ₹230 to ₹260 per share, citing expectations of stronger profit margins and slightly lower perceived risk, even as they assume more moderate revenue growth. What's in the News Board meeting scheduled for November 10, 2025, at 13:00 IST to review and approve unaudited financial results for the quarter and half year ended September 30, 2025 (company filing) Management to present segment wise revenue, results, assets and liabilities for the quarter and half year ended September 30, 2025 (company filing) Board to review the statement of assets and liabilities as on September 30, 2025, along with the cash flow statement for the six months ended the same date (company filing) Valuation Changes Fair Value: Raised from ₹230.0 to ₹260.0 per share, indicating a moderate upward revision in estimated intrinsic value.Analysis Article • Jul 31
Here's Why Shareholders Should Examine Greenpanel Industries Limited's (NSE:GREENPANEL) CEO Compensation Package More Closely
Key Insights Greenpanel Industries to hold its Annual General Meeting on 6th of August Total pay for CEO Shobhan Mittal...Analysis Article • Jul 26
Estimating The Fair Value Of Greenpanel Industries Limited (NSE:GREENPANEL)
Key Insights The projected fair value for Greenpanel Industries is ₹338 based on 2 Stage Free Cash Flow to Equity...
New Narrative • Mar 10
Easing Costs And Expansion Will Strengthen Plywood And MDF Market Position
Increased production capacity and improved margins from new plant operations could drive significant revenue and earnings growth.Analysis Article • Mar 04
With A 30% Price Drop For Greenpanel Industries Limited (NSE:GREENPANEL) You'll Still Get What You Pay For
The Greenpanel Industries Limited ( NSE:GREENPANEL ) share price has fared very poorly over the last month, falling by...Analysis Article • Mar 02
Is Greenpanel Industries (NSE:GREENPANEL) Using Too Much Debt?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Dec 11
Should You Investigate Greenpanel Industries Limited (NSE:GREENPANEL) At ₹394?
Greenpanel Industries Limited ( NSE:GREENPANEL ), might not be a large cap stock, but it saw a significant share price...Analysis Article • Nov 08
Why Greenpanel Industries' (NSE:GREENPANEL) Shaky Earnings Are Just The Beginning Of Its Problems
The market rallied behind Greenpanel Industries Limited's ( NSE:GREENPANEL ) stock, leading do a rise in the share...Analysis Article • Aug 04
Greenpanel Industries (NSE:GREENPANEL) Is Experiencing Growth In Returns On Capital
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Analysis Article • May 09
We Think That There Are More Issues For Greenpanel Industries (NSE:GREENPANEL) Than Just Sluggish Earnings
Greenpanel Industries Limited's ( NSE:GREENPANEL ) recent weak earnings report didn't cause a big stock movement. Our...Analysis Article • May 05
Earnings Miss: Greenpanel Industries Limited Missed EPS By 11% And Analysts Are Revising Their Forecasts
As you might know, Greenpanel Industries Limited ( NSE:GREENPANEL ) last week released its latest full-year, and things...Analysis Article • Mar 15
Is It Time To Consider Buying Greenpanel Industries Limited (NSE:GREENPANEL)?
Greenpanel Industries Limited ( NSE:GREENPANEL ), might not be a large cap stock, but it received a lot of attention...Analysis Article • Aug 26
What Does Greenpanel Industries Limited's (NSE:GREENPANEL) Share Price Indicate?
While Greenpanel Industries Limited ( NSE:GREENPANEL ) might not be the most widely known stock at the moment, it saw a...Analysis Article • Feb 02
Greenpanel Industries (NSE:GREENPANEL) Is Due To Pay A Dividend Of ₹1.50
Greenpanel Industries Limited ( NSE:GREENPANEL ) has announced that it will pay a dividend of ₹1.50 per share on the...Analysis Article • Oct 13
Why Greenpanel Industries Limited (NSE:GREENPANEL) Could Be Worth Watching
While Greenpanel Industries Limited ( NSE:GREENPANEL ) might not be the most widely known stock at the moment, it...Analysis Article • Jul 27
Here's Why We Think Greenpanel Industries (NSE:GREENPANEL) Might Deserve Your Attention Today
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Analysis Article • May 26
Greenpanel Industries (NSE:GREENPANEL) Is Very Good At Capital Allocation
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Analysis Article • Mar 29
Is It Too Late To Consider Buying Greenpanel Industries Limited (NSE:GREENPANEL)?
Greenpanel Industries Limited ( NSE:GREENPANEL ), might not be a large cap stock, but it saw a significant share price...Analysis Article • Dec 08
Greenpanel Industries (NSE:GREENPANEL) Has A Rock Solid Balance Sheet
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | -₹291m |
| Dec 31 2025 | n/a | n/a | -₹11m |
| Sep 30 2025 | n/a | n/a | -₹29m |
| Jun 30 2025 | n/a | n/a | ₹218m |
| Mar 31 2025 | ₹65m | ₹63m | ₹721m |
| Dec 31 2024 | n/a | n/a | ₹800m |
| Sep 30 2024 | n/a | n/a | ₹991m |
| Jun 30 2024 | n/a | n/a | ₹1b |
| Mar 31 2024 | ₹92m | ₹63m | ₹1b |
| Dec 31 2023 | n/a | n/a | ₹2b |
| Sep 30 2023 | n/a | n/a | ₹2b |
| Jun 30 2023 | n/a | n/a | ₹2b |
| Mar 31 2023 | ₹92m | ₹42m | ₹3b |
| Dec 31 2022 | n/a | n/a | ₹3b |
| Sep 30 2022 | n/a | n/a | ₹3b |
| Jun 30 2022 | n/a | n/a | ₹3b |
| Mar 31 2022 | ₹71m | ₹17m | ₹2b |
| Dec 31 2021 | n/a | n/a | ₹2b |
| Sep 30 2021 | n/a | n/a | ₹2b |
| Jun 30 2021 | n/a | n/a | ₹1b |
| Mar 31 2021 | ₹26m | ₹8m | ₹688m |
| Dec 31 2020 | n/a | n/a | ₹199m |
| Sep 30 2020 | n/a | n/a | -₹101m |
| Jun 30 2020 | n/a | n/a | -₹247m |
| Mar 31 2020 | ₹8m | ₹6m | ₹145m |
Compensation vs Market: Shobhan's total compensation ($USD680.41K) is above average for companies of similar size in the Indian market ($USD185.13K).
Compensation vs Earnings: Shobhan's compensation has been consistent with company performance over the past year.
CEO
Shobhan Mittal (46 yo)
6.9yrs
Tenure
₹64,745,000
Compensation
Mr. Shobhan Mittal, B.B.A. is the Managing Director and Chief Executive Officer at Greenpanel Industries Limited since July 19, 2019 and also serves as its Director since December 13, 2017. He served as th...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 8.5yrs | ₹58.17m | no data | |
| MD, CEO & Director | 6.9yrs | ₹64.75m | 13.59% ₹ 3.2b | |
| Chief Human Resources Officer | no data | ₹12.11m | no data | |
| President of Technical Operations | no data | ₹14.28m | no data | |
| President of Strategy & Commercial | no data | ₹13.17m | no data | |
| Vice President of Accounts | no data | ₹8.79m | no data | |
| Chief Investor Relations Officer & CFO | 1yr | no data | no data | |
| Senior Vice President of Operations | no data | no data | no data | |
| Chief Information Officer | less than a year | no data | no data | |
| Company Secretary | 6.3yrs | ₹4.74m | no data | |
| Vice President of Marketing | no data | ₹6.75m | no data | |
| Chief Sales Officer | 1.3yrs | no data | no data |
3.8yrs
Average Tenure
51.5yo
Average Age
Experienced Management: GREENPANEL's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 8.5yrs | ₹58.17m | no data | |
| MD, CEO & Director | 8.5yrs | ₹64.75m | 13.59% ₹ 3.2b | |
| Independent Non Executive Director | 7.8yrs | ₹1.13m | 0.0041% ₹ 969.1k | |
| Independent Non-Executive Director | 6.8yrs | ₹1.24m | 0.016% ₹ 3.9m | |
| Independent Non Executive Director | 7.8yrs | ₹1.24m | no data | |
| Non-Executive Independent Women Director | 7.9yrs | ₹1.18m | no data |
7.9yrs
Average Tenure
67.5yo
Average Age
Experienced Board: GREENPANEL's board of directors are considered experienced (7.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/12 23:10 |
| End of Day Share Price | 2026/06/12 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
Greenpanel Industries Limited is covered by 20 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Utkarsh Nopany | Anand Rathi Shares and Stock Brokers Limited |
| null null | Anand Rathi Shares and Stock Brokers Limited |
| Rishab Bothra | Anand Rathi Shares and Stock Brokers Limited |