Greenply Industries Limited, an interior infrastructure company, manufactures, markets, trades in, and distributes plywood and medium density fiber boards in India and internationally.
Solid track record with adequate balance sheet.
Share Price & News
How has Greenply Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GREENPLY's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: GREENPLY exceeded the Indian Forestry industry which returned -49.1% over the past year.
Return vs Market: GREENPLY underperformed the Indian Market which returned -14.8% over the past year.
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
2 weeks ago | Simply Wall StIf You Had Bought Greenply Industries (NSE:GREENPLY) Stock Three Years Ago, You'd Be Sitting On A 71% Loss, Today
3 weeks ago | Simply Wall StIs Now The Time To Look At Buying Greenply Industries Limited (NSE:GREENPLY)?
1 month ago | Simply Wall StWhat Is Greenply Industries's (NSE:GREENPLY) P/E Ratio After Its Share Price Rocketed?
Is Greenply Industries undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GREENPLY (₹84.95) is trading above our estimate of fair value (₹61.29)
Significantly Below Fair Value: GREENPLY is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GREENPLY is poor value based on its PE Ratio (10.6x) compared to the Forestry industry average (6.8x).
PE vs Market: GREENPLY is good value based on its PE Ratio (10.6x) compared to the Indian market (10.6x).
Price to Earnings Growth Ratio
PEG Ratio: GREENPLY is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: GREENPLY is overvalued based on its PB Ratio (2.8x) compared to the IN Forestry industry average (0.5x).
How is Greenply Industries forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GREENPLY's forecast earnings growth (8.8% per year) is above the savings rate (7.2%).
Earnings vs Market: GREENPLY's earnings (8.8% per year) are forecast to grow slower than the Indian market (18.4% per year).
High Growth Earnings: GREENPLY's earnings are forecast to grow, but not significantly.
Revenue vs Market: GREENPLY's revenue (3.6% per year) is forecast to grow slower than the Indian market (7.1% per year).
High Growth Revenue: GREENPLY's revenue (3.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GREENPLY's Return on Equity is forecast to be high in 3 years time (20%)
How has Greenply Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GREENPLY has high quality earnings.
Growing Profit Margin: GREENPLY's current net profit margins (6.7%) are higher than last year (5%).
Past Earnings Growth Analysis
Earnings Trend: GREENPLY's earnings have declined by -7.3% per year over the past 5 years.
Accelerating Growth: GREENPLY's earnings growth over the past year (51.2%) exceeds its 5-year average (-7.3% per year).
Earnings vs Industry: GREENPLY earnings growth over the past year (51.2%) exceeded the Forestry industry 5.7%.
Return on Equity
High ROE: GREENPLY's Return on Equity (26.2%) is considered high.
How is Greenply Industries's financial position?
Financial Position Analysis
Short Term Liabilities: GREENPLY's short term assets (₹5.9B) exceed its short term liabilities (₹4.9B).
Long Term Liabilities: GREENPLY's short term assets (₹5.9B) exceed its long term liabilities (₹865.8M).
Debt to Equity History and Analysis
Debt Level: GREENPLY's debt to equity ratio (67.2%) is considered high.
Reducing Debt: GREENPLY's debt to equity ratio has reduced from 84.9% to 67.2% over the past 5 years.
Debt Coverage: GREENPLY's debt is not well covered by operating cash flow (9.2%).
Interest Coverage: GREENPLY's interest payments on its debt are well covered by EBIT (7.6x coverage).
What is Greenply Industries's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GREENPLY's dividend (0.47%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.79%).
High Dividend: GREENPLY's dividend (0.47%) is low compared to the top 25% of dividend payers in the Indian market (3.23%).
Stability and Growth of Payments
Stable Dividend: GREENPLY's dividend payments have been volatile in the past 10 years.
Growing Dividend: GREENPLY's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (5%), GREENPLY's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GREENPLY's dividends in 3 years are forecast to be well covered by earnings (15.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Manoj Tulsian (48yo)
Mr. Manoj Tulsian serves as Managing Director, Chief Executive Officer and Executive Director at Greenply Industries Limited since February 11, 2020. He had been the Chief Financial Officer of JMC Projects ...
|Chairman & MD||0.83yr||₹37.97m||3.16% ₹328.9m|
|Joint MD & Executive Director||2.33yrs||₹19.31m||0.082% ₹8.5m|
|Joint MD||0.33yr||no data||no data|
|Independent Non-Executive Director||14.08yrs||₹1.70m||no data|
|Independent Non-Executive Director||13.42yrs||₹1.18m||no data|
|Independent Director||14.5yrs||₹1.76m||no data|
|Independent Director||7.83yrs||₹1.71m||no data|
Experienced Board: GREENPLY's board of directors are considered experienced (7.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GREENPLY insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Greenply Industries Limited's company bio, employee growth, exchange listings and data sources
- Name: Greenply Industries Limited
- Ticker: GREENPLY
- Exchange: NSEI
- Founded: 1990
- Industry: Forest Products
- Sector: Materials
- Market Cap: ₹10.423b
- Shares outstanding: 122.63m
- Website: https://www.greenply.com
- Greenply Industries Limited
- Madgul Lounge
- 5th & 6th Floor
- West Bengal
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|526797||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Dec 2004|
|GREENPLY||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Dec 2004|
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 segments, Plywood and Allied Products, and Medium Density Fibreboards and Allied Products. The company provides plywood and block boards, decorative veneers, flush doors, wood floors, PVC foam boards and sheets, and medium density fiberboards. It markets its products under the Greenply Plywood, Green Club Ply, Ecotec, Green Panelmax, and Green Floormax through a network of distributors, dealers, sub-dealers, and retailers. The company was formerly known as Mittal Laminates Private Limited and changed its name to Greenply Industries Limited in 1995. Greenply Industries Limited was founded in 1990 and is headquartered in Kolkata, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/06 13:33|
|End of Day Share Price||2020/06/05 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.