New Risk • Aug 13
New minor risk - Dividend sustainability The dividend is not well covered by earnings. The company is paying a dividend despite being loss-making. Dividend yield: 0.3% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite being loss-making. Profit margins are more than 30% lower than last year (0.4% net profit margin). Tillkännagivande • Aug 01
Greenpanel Industries Limited to Report Q1, 2027 Results on Aug 08, 2026 Greenpanel Industries Limited announced that they will report Q1, 2027 results at 12:08 PM, Indian Standard Time on Aug 08, 2026 Upcoming Dividend • Jul 24
Upcoming dividend of ₹0.50 per share Eligible shareholders must have bought the stock before 31 July 2026. Payment date: 06 September 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.4%). Lower than average of industry peers (0.6%). Reported Earnings • Jul 18
Full year 2026 earnings: EPS misses analyst expectations Full year 2026 results: ₹2.38 loss per share (down from ₹5.88 profit in FY 2025). Revenue: ₹15.4b (up 7.2% from FY 2025). Net loss: ₹291.3m (down 140% from profit in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Forestry industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Price Target Changed • May 19
Price target decreased by 13% to ₹256 Down from ₹293, the current price target is an average from 16 analysts. New target price is 40% above last closing price of ₹183. Stock is down 27% over the past year. The company is forecast to post earnings per share of ₹6.51 next year compared to a net loss per share of ₹2.38 last year. Tillkännagivande • May 18
Greenpanel Industries Limited, Annual General Meeting, Aug 07, 2026 Greenpanel Industries Limited, Annual General Meeting, Aug 07, 2026. Reported Earnings • May 17
Full year 2026 earnings: EPS misses analyst expectations Full year 2026 results: ₹2.38 loss per share (down from ₹5.88 profit in FY 2025). Revenue: ₹15.5b (up 8.2% from FY 2025). Net loss: ₹291.3m (down 140% from profit in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Forestry industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Tillkännagivande • May 16
Greenpanel Industries Limited announces Annual dividend, payable on September 06, 2026 Greenpanel Industries Limited announced Annual dividend of INR 0.5000 per share payable on September 06, 2026, ex-date on July 31, 2026 and record date on July 31, 2026. Tillkännagivande • May 08
Greenpanel Industries Limited to Report Q4, 2026 Results on May 15, 2026 Greenpanel Industries Limited announced that they will report Q4, 2026 results on May 15, 2026 Reported Earnings • Jan 31
Third quarter 2026 earnings released: EPS: ₹0.83 (vs ₹0.69 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.83 (up from ₹0.69 in 3Q 2025). Revenue: ₹4.16b (up 16% from 3Q 2025). Net income: ₹102.4m (up 20% from 3Q 2025). Profit margin: 2.5% (up from 2.4% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Forestry industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Tillkännagivande • Jan 22
Greenpanel Industries Limited to Report Q3, 2026 Results on Jan 30, 2026 Greenpanel Industries Limited announced that they will report Q3, 2026 results on Jan 30, 2026 Tillkännagivande • Jan 05
Greenpanel Industries Limited Announces Superannuation of Vishwanathan Venkatramani, President – Finance, Effective December 31, 2025 Greenpanel Industries Limited announced that Mr. Vishwanathan Venkatramani, President – Finance, has superannuated from the services of the Company with effect from the close of the business hours of December 31, 2025. Reported Earnings • Nov 11
Second quarter 2026 earnings released: ₹0.50 loss per share (vs ₹1.51 profit in 2Q 2025) Second quarter 2026 results: ₹0.50 loss per share (down from ₹1.51 profit in 2Q 2025). Revenue: ₹3.99b (up 19% from 2Q 2025). Net loss: ₹61.2m (down 133% from profit in 2Q 2025). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 39% growth forecast for the Forestry industry in India. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Tillkännagivande • Nov 04
Greenpanel Industries Limited to Report Q2, 2026 Results on Nov 10, 2025 Greenpanel Industries Limited announced that they will report Q2, 2026 results on Nov 10, 2025 Buy Or Sell Opportunity • Oct 13
Now 21% undervalued Over the last 90 days, the stock has risen 1.6% to ₹295. The fair value is estimated to be ₹374, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.3% over the last 3 years. Earnings per share has declined by 53%. Revenue is forecast to grow by 51% in 2 years. Earnings are forecast to grow by 796% in the next 2 years. Buy Or Sell Opportunity • Sep 24
Now 21% undervalued Over the last 90 days, the stock has risen 6.9% to ₹286. The fair value is estimated to be ₹360, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.3% over the last 3 years. Earnings per share has declined by 53%. Revenue is forecast to grow by 52% in 2 years. Earnings are forecast to grow by 797% in the next 2 years. New Risk • Sep 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.6% net profit margin). Buy Or Sell Opportunity • Aug 04
Now 21% undervalued Over the last 90 days, the stock has risen 17% to ₹274. The fair value is estimated to be ₹347, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.3% over the last 3 years. Earnings per share has declined by 53%. Revenue is forecast to grow by 53% in 2 years. Earnings are forecast to grow by 826% in the next 2 years. Reported Earnings • Jul 31
First quarter 2026 earnings released: ₹2.82 loss per share (vs ₹1.28 profit in 1Q 2025) First quarter 2026 results: ₹2.82 loss per share (down from ₹1.28 profit in 1Q 2025). Revenue: ₹3.28b (down 10% from 1Q 2025). Net loss: ₹346.2m (down 320% from profit in 1Q 2025). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Forestry industry in India. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Price Target Changed • May 24
Price target decreased by 14% to ₹323 Down from ₹375, the current price target is an average from 18 analysts. New target price is 26% above last closing price of ₹256. Stock is down 17% over the past year. The company is forecast to post earnings per share of ₹3.95 for next year compared to ₹11.64 last year. Tillkännagivande • May 23
Greenpanel Industries Limited, Annual General Meeting, Aug 06, 2025 Greenpanel Industries Limited, Annual General Meeting, Aug 06, 2025. Tillkännagivande • May 18
Greenpanel Industries Limited to Report Q4, 2025 Results on May 22, 2025 Greenpanel Industries Limited announced that they will report Q4, 2025 results on May 22, 2025 Buy Or Sell Opportunity • Mar 21
Now 20% overvalued Over the last 90 days, the stock has fallen 36% to ₹232. The fair value is estimated to be ₹193, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.7% over the last 3 years. Earnings per share has declined by 32%. Revenue is forecast to grow by 47% in 2 years. Earnings are forecast to grow by 149% in the next 2 years. Buy Or Sell Opportunity • Mar 05
Now 22% overvalued Over the last 90 days, the stock has fallen 30% to ₹246. The fair value is estimated to be ₹201, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.7% over the last 3 years. Earnings per share has declined by 32%. Revenue is forecast to grow by 48% in 2 years. Earnings are forecast to grow by 153% in the next 2 years. Tillkännagivande • Mar 04
Greenpanel Industries Limited Announces Resignation of Sunil Singh, President Sales, Effective on or Before April 30, 2025 Greenpanel Industries Limited announced that Mr. Sunil Singh, President Sales, and a part of the senior management of Greenpanel Industries Limited, has tendered his resignation to pursue opportunities outside the organization. The management has accepted his resignation, and he will be relieved from his duties at the close of business hours on or before April 30, 2025. Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹248, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 30x in the Forestry industry in India. Total loss to shareholders of 43% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹189 per share. Tillkännagivande • Feb 28
Greenpanel Industries Limited Approves the Appointment of Prakash Tripathi as the Chief Sales Officer of the Company, Effective March 1, 2025 The Board of Directors of the Greenpanel Industries Limited, in its meeting held on February 28, 2025, approved the appointment of Mr. Prakash Tripathi as the Chief Sales Officer of the Company, effective March 1, 2025. Mr. Prakash Tripathi holds a Bachelor of Commerce degree from Gujarat State University and brings with him 29 years of sales and distribution experience. Prior to joining Greenpanel, he was associated with Astral Pipes Limited as Senior Vice President – Sales for approximately 3.5 years. He has also worked in the areas of sales, distribution, and network expansion with Ashirvad Pipes Private Limited, Fischer Building Materials India Pvt. Ltd., Pidilite Industries Limited, Goodlass Nerolac Paints Ltd., SHV Energy Pvt. Ltd., ICI India Ltd., Asian Paints Limited, and Elbee Services Ltd. Reported Earnings • Feb 07
Third quarter 2025 earnings released: EPS: ₹0.69 (vs ₹2.82 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.69 (down from ₹2.82 in 3Q 2024). Revenue: ₹3.66b (down 5.1% from 3Q 2024). Net income: ₹85.0m (down 75% from 3Q 2024). Profit margin: 2.3% (down from 9.0% in 3Q 2024). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Forestry industry in India. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹377, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 31x in the Forestry industry in India. Total loss to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹169 per share. Tillkännagivande • Jan 29
Greenpanel Industries Limited to Report Q3, 2025 Results on Feb 06, 2025 Greenpanel Industries Limited announced that they will report Q3, 2025 results on Feb 06, 2025 Valuation Update With 7 Day Price Move • Dec 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹410, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 34x in the Forestry industry in India. Negligible returns to shareholders over past three years. Reported Earnings • Nov 01
Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2025 results: EPS: ₹1.51 (down from ₹3.34 in 2Q 2024). Revenue: ₹3.37b (down 16% from 2Q 2024). Net income: ₹185.0m (down 55% from 2Q 2024). Profit margin: 5.5% (down from 10% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 4.2%. Earnings per share (EPS) exceeded analyst estimates by 17%. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Forestry industry in India. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Price Target Changed • Aug 04
Price target increased by 7.7% to ₹369 Up from ₹343, the current price target is an average from 15 analysts. New target price is approximately in line with last closing price of ₹355. Stock is up 6.2% over the past year. The company is forecast to post earnings per share of ₹10.02 for next year compared to ₹11.64 last year. Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹371, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 34x in the Forestry industry in India. Total returns to shareholders of 48% over the past three years. Tillkännagivande • Jul 22
Greenpanel Industries Limited to Report Q1, 2025 Results on Jul 30, 2024 Greenpanel Industries Limited announced that they will report Q1, 2025 results on Jul 30, 2024 Tillkännagivande • Jun 26
Greenpanel Industries Limited Approves an Interim Dividend for the Financial Year 2023-2024 Greenpanel Industries Limited announced that at its AGM held on June 25, 2024, the shareholders approved payment of an interim dividend of INR 1.50 per share that is 150% of face value of equity shares of INR 1 on 12,26,27,395 equity shares of the company, paid to the shareholders for the financial year 2023-2024. Tillkännagivande • Jun 05
Greenpanel Industries Limited, Annual General Meeting, Jun 25, 2024 Greenpanel Industries Limited, Annual General Meeting, Jun 25, 2024, at 15:00 Indian Standard Time. Tillkännagivande • Jun 01
Greenpanel Industries Limited Proposes Interim Dividend for the Financial Year 2023-24 Greenpanel Industries Limited proposed to the AGM to be held on June 25, 2024 to confirm payment of interim dividend of INR 1.50 per share i.e., 150% on face value of equity shares of INR 1/- on 12,26,27,395 equity shares of the Company, paid to the shareholders of the Company,for the financial year 2023-24. Reported Earnings • May 02
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: ₹11.64 (down from ₹20.92 in FY 2023). Revenue: ₹15.9b (down 11% from FY 2023). Net income: ₹1.43b (down 44% from FY 2023). Profit margin: 9.0% (down from 14% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Forestry industry in India. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 10% per year. Tillkännagivande • Apr 24
Greenpanel Industries Limited to Report Q4, 2024 Results on May 01, 2024 Greenpanel Industries Limited announced that they will report Q4, 2024 results on May 01, 2024 Board Change • Mar 07
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Arun Saraf was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Jan 26
Greenpanel Industries Limited to Report Q3, 2024 Results on Jan 31, 2024 Greenpanel Industries Limited announced that they will report Q3, 2024 results on Jan 31, 2024 Reported Earnings • Nov 03
Second quarter 2024 earnings: EPS and revenues miss analyst expectations Second quarter 2024 results: EPS: ₹3.34 (down from ₹5.91 in 2Q 2023). Revenue: ₹3.99b (down 13% from 2Q 2023). Net income: ₹410.0m (down 43% from 2Q 2023). Profit margin: 10% (down from 16% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.7%. Earnings per share (EPS) also missed analyst estimates by 4.6%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Forestry industry in India. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Oct 26
Greenpanel Industries Limited to Report Q2, 2024 Results on Nov 01, 2023 Greenpanel Industries Limited announced that they will report Q2, 2024 results on Nov 01, 2023 Reported Earnings • Jul 30
First quarter 2024 earnings: EPS and revenues miss analyst expectations First quarter 2024 results: EPS: ₹3.04 (down from ₹6.33 in 1Q 2023). Revenue: ₹3.86b (down 17% from 1Q 2023). Net income: ₹372.6m (down 52% from 1Q 2023). Profit margin: 9.6% (down from 17% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 7.0%. Earnings per share (EPS) also missed analyst estimates by 31%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Forestry industry in India. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has increased by 108% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Jul 24
Greenpanel Industries Limited to Report Q1, 2024 Results on Jul 28, 2023 Greenpanel Industries Limited announced that they will report Q1, 2024 results on Jul 28, 2023 Price Target Changed • Jul 05
Price target decreased by 8.0% to ₹393 Down from ₹427, the current price target is an average from 11 analysts. New target price is 13% above last closing price of ₹346. Stock is down 19% over the past year. The company is forecast to post earnings per share of ₹19.71 for next year compared to ₹20.92 last year. Tillkännagivande • Jun 28
Greenpanel Industries Limited Approves Payment of Interim Dividend for the Financial Year 2022-23 Greenpanel Industries Limited approved payment of Interim Dividend of INR 1.50/- per share i.e., 150% on the face value of equity share of INR 1/- on 122,627,395 equity shares of the company, paid to the shareholders for the financial year 2022-23 at its annual general meeting held on June 27, 2023. Board Change • Jun 12
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Director Arun Saraf was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 06
Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2023 results: EPS: ₹20.92 (up from ₹19.61 in FY 2022). Revenue: ₹17.8b (up 9.7% from FY 2022). Net income: ₹2.57b (up 6.7% from FY 2022). Profit margin: 14% (in line with FY 2022). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 2.4%. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Forestry industry in India. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has increased by 122% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • May 30
Greenpanel Industries Limited, Annual General Meeting, Jun 27, 2023 Greenpanel Industries Limited, Annual General Meeting, Jun 27, 2023, at 11:00 Indian Standard Time. Reported Earnings • May 08
Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2023 results: EPS: ₹20.92 (up from ₹19.61 in FY 2022). Revenue: ₹18.0b (up 11% from FY 2022). Net income: ₹2.57b (up 6.7% from FY 2022). Profit margin: 14% (in line with FY 2022). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 2.4%. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Forestry industry in Asia. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has increased by 130% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Feb 09
Insider recently sold ₹2.9m worth of stock On the 3rd of February, Neeladri Basu sold around 10k shares on-market at roughly ₹289 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹5.4m. Insiders have been net sellers, collectively disposing of ₹14m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹273, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Forestry industry in Asia. Total returns to shareholders of 398% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹119 per share. Upcoming Dividend • Feb 02
Upcoming dividend of ₹1.50 per share at 0.5% yield Eligible shareholders must have bought the stock before 09 February 2023. Payment date: 01 March 2023. Payout ratio is a comfortable 6.3% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.6%). Lower than average of industry peers (0.8%). Tillkännagivande • Jan 31
Greenpanel Industries Limited Approves Interim Dividend for the Financial Year 2022-23, to Be Paid on or Before March 1, 2023 Greenpanel Industries Limited has declared an interim dividend of INR 1.50 per equity shares i.e. 150% on face value of INR 1/- per shares for the financial year 2022-23 at its board meeting held on January 30, 2023. The company shall arrange to pay the above interim dividend on or before March 1, 2023, to the equity shareholders of the company, whose name appear on the register of member of the company or in the records of the depository as beneficial owners of shares as on February 9, 2023, which is record date fixed for the said purpose. Reported Earnings • Jan 31
Third quarter 2023 earnings released: EPS: ₹3.06 (vs ₹5.14 in 3Q 2022) Third quarter 2023 results: EPS: ₹3.06 (down from ₹5.14 in 3Q 2022). Revenue: ₹4.16b (down 2.0% from 3Q 2022). Net income: ₹375.3m (down 41% from 3Q 2022). Profit margin: 9.0% (down from 15% in 3Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Forestry industry in Asia. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 77% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jan 24
Greenpanel Industries Limited to Report Q3, 2023 Results on Jan 30, 2023 Greenpanel Industries Limited announced that they will report Q3, 2023 results on Jan 30, 2023 Recent Insider Transactions • Dec 29
Company Secretary recently sold ₹3.1m worth of stock On the 23rd of December, Lawkush Prasad sold around 10k shares on-market at roughly ₹310 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹5.4m. Insiders have been net sellers, collectively disposing of ₹918k more than they bought in the last 12 months. Price Target Changed • Dec 23
Price target decreased to ₹546 Down from ₹609, the current price target is an average from 10 analysts. New target price is 77% above last closing price of ₹308. Stock is down 24% over the past year. The company is forecast to post earnings per share of ₹23.57 for next year compared to ₹19.61 last year. Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment improved over the past week After last week's 17% share price gain to ₹398, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 9x in the Forestry industry in Asia. Total returns to shareholders of 772% over the past three years. Recent Insider Transactions • Nov 25
Insider recently sold ₹5.4m worth of stock On the 21st of November, Suman Kandoi sold around 16k shares on-market at roughly ₹335 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought ₹2.2m more than they sold in the last 12 months. Reported Earnings • Nov 09
Second quarter 2023 earnings released: EPS: ₹5.91 (vs ₹5.47 in 2Q 2022) Second quarter 2023 results: EPS: ₹5.91 (up from ₹5.47 in 2Q 2022). Revenue: ₹4.65b (up 10% from 2Q 2022). Net income: ₹724.6m (up 8.1% from 2Q 2022). Profit margin: 16% (in line with 2Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Forestry industry in Asia. Over the last 3 years on average, earnings per share has increased by 94% per year whereas the company’s share price has increased by 99% per year. Price Target Changed • Sep 15
Price target decreased to ₹609 Down from ₹662, the current price target is an average from 7 analysts. New target price is 37% above last closing price of ₹444. Stock is up 48% over the past year. The company is forecast to post earnings per share of ₹24.19 for next year compared to ₹19.61 last year. Tillkännagivande • Jul 31
Greenpanel Industries Limited Proposes Interim Dividend for the Financial Year 2021-22 Greenpanel Industries Limited announced that at its Annual General Meeting to be held on September 5, 2022, it will propose payment of Interim Dividend of INR 1.50 per share that is, 150% on face value of equity share of INR 1 on 122,627,395 Equity Shares of the Company, paid to the shareholders for the financial year 2021-22. Tillkännagivande • Jul 23
Greenpanel Industries Limited, Annual General Meeting, Sep 05, 2022 Greenpanel Industries Limited, Annual General Meeting, Sep 05, 2022, at 11:00 Indian Standard Time. Reported Earnings • Jul 23
First quarter 2023 earnings released: EPS: ₹6.33 (vs ₹2.43 in 1Q 2022) First quarter 2023 results: EPS: ₹6.33 (up from ₹2.43 in 1Q 2022). Revenue: ₹4.71b (up 53% from 1Q 2022). Net income: ₹776.0m (up 161% from 1Q 2022). Profit margin: 17% (up from 9.6% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 8.0%, compared to a 44% growth forecast for the industry in India. Tillkännagivande • Jul 16
Greenpanel Industries Limited to Report Q1, 2023 Results on Jul 22, 2022 Greenpanel Industries Limited announced that they will report Q1, 2023 results on Jul 22, 2022 Tillkännagivande • Jul 09
Greenpanel Industries Limited Appoints Shivpriya Nanda as an Additional Independent Director Greenpanel Industries Limited informed that the disclosure had been submitted inadvertently for appointment of Ms. Shivpriya Nanda as an Additional independent Director of the company for a term of five years from the date of upcoming Annual General Meeting of the company, subject to the approval of the shareholders instead for a period of 5 years, i.e. from July 06, 2022 to July 05, 2027, subject To Approve the shareholders at the upcoming Annual General Meeting of the Company. Ms. Shivpriya Nanda, aged about 59 years, is a Lawyer by profession and has over 30 years of extensive experience in mergers and acquisitions, corporate restructuring, strategic joint ventures, and corporate advisory. She is a member of Bar Council of Delhi, International Bar Association, Inter-Pacific Bar Association and American Bar Association. She has also written and published various articles related to legal, regulatory and contractual issues. Price Target Changed • Jun 15
Price target increased to ₹648 Up from ₹597, the current price target is an average from 6 analysts. New target price is 40% above last closing price of ₹464. Stock is up 97% over the past year. The company is forecast to post earnings per share of ₹23.86 for next year compared to ₹19.61 last year. Reported Earnings • May 07
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: ₹19.61 (up from ₹5.61 in FY 2021). Revenue: ₹16.3b (up 60% from FY 2021). Net income: ₹2.40b (up 250% from FY 2021). Profit margin: 15% (up from 6.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 9.8%. Over the next year, revenue is forecast to grow 15%, compared to a 26% growth forecast for the industry in India. Tillkännagivande • May 02
Greenpanel Industries Limited to Report Q4, 2022 Results on May 06, 2022 Greenpanel Industries Limited announced that they will report Q4, 2022 results on May 06, 2022 Price Target Changed • Apr 27
Price target increased to ₹597 Up from ₹495, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of ₹583. Stock is up 169% over the past year. The company is forecast to post earnings per share of ₹17.86 for next year compared to ₹5.61 last year. Tillkännagivande • Apr 08
Greenpanel Industries Limited Announces Resignation of Sushmita Singha as Independent Director Greenpanel Industries Limited announced that Sushmita Singha has resigned from the post of Independent Director of the Company with effect from April 7, 2022, due to unavailability of time due to other responsibility and commitments. Price Target Changed • Mar 28
Price target increased to ₹597 Up from ₹495, the current price target is an average from 5 analysts. New target price is 10% above last closing price of ₹541. Stock is up 243% over the past year. The company is forecast to post earnings per share of ₹17.86 for next year compared to ₹5.61 last year. Tillkännagivande • Dec 27
Greenpanel Industries Limited Announces Resumption of Manufacturing Operations At Company's MDF Plant At Rudrapur, Uttarakhand Greenpanel Industries Limited informed that manufacturing operations at Company's MDF plant at Rudrapur, Uttarakhand resumed on December 26, 2021 after repair of refiner and change of defective components. The normal operations of the plant have now been restored and it is running at its full capacity. The loss incurred due the breakdown of the refiner and Loss of profit due to shut down of the above plant beyond 14 days are covered under lnsurance Policy. lnsurance claim shall be lodged with the lnsurer after ascertaining the amount of actual loss and upon receipt of necessary documents from the OEM. Recent Insider Transactions • Nov 10
Insider recently sold ₹5.0m worth of stock On the 4th of November, Janaki Venkatramani sold around 13k shares on-market at roughly ₹404 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹5.3m more than they bought in the last 12 months. Reported Earnings • Oct 29
Second quarter 2022 earnings released: EPS ₹5.47 (vs ₹1.50 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹4.22b (up 88% from 2Q 2021). Net income: ₹670.6m (up 265% from 2Q 2021). Profit margin: 16% (up from 8.2% in 2Q 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment improved over the past week After last week's 21% share price gain to ₹385, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 10x in the Forestry industry in Asia. Total returns to shareholders of 425% over the past year. Valuation Update With 7 Day Price Move • Sep 09
Investor sentiment improved over the past week After last week's 16% share price gain to ₹293, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 11x in the Forestry industry in Asia. Total returns to shareholders of 556% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ₹146 per share. Board Change • Aug 14
High number of new directors Independent Director Arun Saraf was the last director to join the board, commencing their role in 2019. Price Target Changed • Aug 14
Price target increased to ₹351 Up from ₹318, the current price target is an average from 2 analysts. New target price is 42% above last closing price of ₹248. Stock is up 471% over the past year. Price Target Changed • May 20
Price target increased to ₹290 Up from ₹260, the current price target is an average from 2 analysts. New target price is 11% above last closing price of ₹261. Stock is up 956% over the past year. Reported Earnings • May 19
Full year 2021 earnings released: EPS ₹5.61 (vs ₹1.18 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹10.2b (up 17% from FY 2020). Net income: ₹688.1m (up 376% from FY 2020). Profit margin: 6.7% (up from 1.6% in FY 2020). The increase in margin was driven by higher revenue. Price Target Changed • Apr 30
Price target increased to ₹260 Up from ₹237, the current price target is an average from 2 analysts. New target price is 12% above last closing price of ₹232. Stock is up 759% over the past year. Recent Insider Transactions • Apr 04
Insider recently bought ₹2.4m worth of stock On the 31st of March, Neeladri Basu bought around 15k shares on-market at roughly ₹159 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₹2.7m. Insiders have collectively bought ₹9.7m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Mar 18
Insider recently bought ₹2.7m worth of stock On the 12th of March, Janaki Venkatramani bought around 15k shares on-market at roughly ₹177 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₹7.3m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Feb 11
Company Secretary recently bought ₹998k worth of stock On the 5th of February, Lawkush Prasad bought around 5k shares on-market at roughly ₹200 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₹6.5m more in shares than they have sold in the last 12 months. Is New 90 Day High Low • Feb 02
New 90-day high: ₹187 The company is up 137% from its price of ₹79.05 on 04 November 2020. The Indian market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 37% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹58.89 per share. Reported Earnings • Jan 28
Third quarter 2021 earnings released: EPS ₹2.48 (vs ₹0.04 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹3.17b (up 35% from 3Q 2020). Net income: ₹304.5m (up ₹299.9m from 3Q 2020). Profit margin: 9.6% (up from 0.2% in 3Q 2020). Analyst Estimate Surprise Post Earnings • Jan 28
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Over the next year, revenue is forecast to grow 34%, compared to a 14% growth forecast for the Forestry industry in India. Tillkännagivande • Jan 21
Greenpanel Industries Limited to Report Q3, 2021 Results on Jan 27, 2021 Greenpanel Industries Limited announced that they will report Q3, 2021 results on Jan 27, 2021 Is New 90 Day High Low • Jan 13
New 90-day high: ₹163 The company is up 162% from its price of ₹62.20 on 15 October 2020. The Indian market is up 24% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 39% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹46.52 per share. Is New 90 Day High Low • Dec 28
New 90-day high: ₹121 The company is up 159% from its price of ₹46.65 on 29 September 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹44.96 per share. Is New 90 Day High Low • Dec 01
New 90-day high: ₹89.90 The company is up 99% from its price of ₹45.20 on 02 September 2020. The Indian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹39.70 per share. Analyst Estimate Surprise Post Earnings • Nov 05
Earnings beat expectations, revenue disappoints Revenue missed analyst estimates by 100%. Earnings per share (EPS) exceeded analyst estimates by 12%. Over the next year, revenue is forecast to grow 25%, compared to a 11% growth forecast for the Forestry industry in India. Reported Earnings • Nov 04
Second quarter 2021 earnings released: EPS ₹1.50 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₹2.25b (up 17% from 2Q 2020). Net income: ₹184.0m (up 385% from 2Q 2020). Profit margin: 8.2% (up from 2.0% in 2Q 2020). The increase in margin was driven by higher revenue. Is New 90 Day High Low • Oct 22
New 90-day high: ₹70.00 The company is up 79% from its price of ₹39.00 on 24 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹51.55 per share.