Greenply Industries Ltd. Share Price

Greenply: MDF is 27% of sales but 43% of profit

Greenply Industries Limited (NSE: GREENPLY) grew Q1 FY27 revenue 20.7% to ₹724.9 crore. The smaller MDF business is doing the heavy lifting on profit. What happened Core EBITDA rose 27.1% to ₹78.3 crore, with margin at 10.8%. Net profit rose 32.2% to ₹37.6 crore. Plywood revenue grew 16% to ₹526.6 crore on 13.8% volume growth, at 8.4% margin. MDF revenue grew 32.8% to ₹195.7 crore on 24.7% volume growth, at 17.3% margin. Revenue was 6.6% lower than the March quarter. Why it matters Flats are getting smaller. Small homes are fitted out with factory made modular furniture, and that furniture is built from MDF, not site cut plywood. Greenply has both, which is why the mix is shifting on its own. My view Run the numbers on the mix. MDF is 27% of revenue but contributes ₹33.9 crore of the ₹78.3 crore core EBITDA, or 43% of it. Its margin is double the plywood margin. So every rupee that moves from plywood to MDF lifts the blended margin without any new selling effort. That is the case for owning this. Here is the case against. At about ₹298, the stock trades near 40 times earnings while return on equity is only about 10.5%. You are paying a premium price for an average return. MDF is also a commodity board, and fresh industry capacity can pull that 17.3% margin down fast. The stock fell 7% after these results, even with 32% profit growth. The market was already reading that risk. What I am watching Q2 FY27 results, due in late October, the MDF margin holding above 16%, and the new flooring line filling up. On the chart, ₹334 is the 52-week high, and ₹260 is where I would add. My stance: Buy on dips near ₹260. Own it for the MDF mix, not the plywood. Disclosure: I do not hold a position in Greenply Industries Limited at the time of writing. This is not investment advice.

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🚀 50 Stocks With Strong Q1 FY27 Concall Commentary 📊🔥

🚀 50 Stocks With Strong Q1 FY27 Concall Commentary 📊🔥 !SGMART

🔹 #SGMART — 🚀 118% EBITDA growth outlook; ₹300 Cr EBITDA target for FY27 🔹 #SENORES — 💊 Targeting 30–40% revenue growth and 50–60% PAT growth in FY27 🔹 #SAKAR — 🧬 25% revenue CAGR with 50%+ PAT growth; oncology business ramp-up is a key catalyst 🔹 #SGFIN — 💰 Targeting 43% PAT growth and ₹225 Cr PAT in FY27 🔹 #SHADOWFAX — 🚚 FY27 revenue growth guidance upgraded sharply to 38–40% 🔹 #NEOGEN — 🔋 ~40% revenue growth expected, supported by battery-chemical expansion 🔹 #HFCL — 🌐 FY27 revenue growth guidance doubled to 40% from 20% 🔹 #SAHASRA — ⚡ Targeting 100% revenue growth and ₹275–300 Cr revenue in FY27 🔹 #SANGAMIND — 📈 Management targeting 100% PAT growth in FY27 🔹 #JSFB — 🏦 80%+ PAT growth outlook, with strong loan and deposit growth targets 🔹 #MOTILALOFS — 🏠 Housing finance AUM expected to grow 20%+ annually over the next 2–3 years 🔹 #BORORENEW — ☀️ Targeting 60% revenue & EBITDA growth; 600 TPD capacity expansion planned 🔹 #MBAPL — 🌾 >50% revenue growth expected in FY27, led by the Dhule SSP ramp-up 🔹 #ATLANTAELE — ⚡ Management sees ~40% revenue CAGR over the next 3 years 🔹 #NETWEB — 🖥️ 35–40% revenue growth outlook with healthy margin expectations 🔹 #SYRMA — 🔌 30–35%+ growth opportunity with strong FY27 targets 🔹 #JUBLINGREA — 🧪 32–40% EBITDA growth target; ₹750–800 Cr EBITDA outlook 🔹 #KRISHANA — 🌱 30–35% revenue growth guidance for FY27 🔹 #ARSSBL — 📊 30–35% PAT growth expected in FY27 🔹 #CGCL — 💰 30%+ AUM CAGR targeted through FY28 🔹 #SOBHA — 🏗️ 30%+ pre-sales growth target for FY27 🔹 #SURYODAY — 🏦 30% deposit growth with a major expansion in customer base 🔹 #HSCL — 🔥 PAT targeted to more than double from ₹555 Cr in FY25 to ₹1,100+ Cr by FY28 🔹 #TATVA — 🧪 25–30% revenue growth guidance for FY27 🔹 #SMARTWORKS — 🏢 28–30% revenue growth expected in FY27 !TATVAT 🔹 #GREENPLY — 🪵 MDF volumes expected to grow 25–30% !HSCL

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The Next Consumption Story May Be Storage, Not Spending

As Indian homes get smaller and urban lifestyles become more mobile, demand for organized storage, modular furniture and space optimization is quietly rising. This shift benefits more than just real estate. Companies supplying furniture fittings, plywood, laminates and home improvement products could see a long runway for growth.

, , , are well placed to benefit from this evolving lifestyle trend.

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क्या Wall Painting का दौर खत्म हो रहा है? अब Wall Panels बन रहे हैं नए भारत की पसंद!

एक समय था जब घर बनते ही पहला सवाल होता था — "पेंट कौन सा लगवाना है?" लेकिन अब Interior Design की दुनिया तेजी से बदल रही है। आज Urban Homes, Offices, Hotels और Commercial Spaces में Traditional Wall Paint की जगह Wall Panels, Decorative Panels, PVC Panels, WPC Panels और Modular Interior Solutions तेजी से लोकप्रिय हो रहे हैं। बाजार में एक नई थीम उभर रही है — "Paint से Panel की ओर Shift" ##आखिर Wall Panels इतने लोकप्रिय क्यों हो रहे हैं? 1. Faster Installation 2. Premium Look 3. Low Maintenance 4. Real Estate Boom का लाभ ##इस Theme के प्रमुख Beneficiary Stock

##Market View भारत का Housing और Renovation Market अभी शुरुआती Growth Phase में माना जा रहा है। जैसे-जैसे Disposable Income बढ़ेगी और Premium Housing का विस्तार होगा, वैसे-वैसे Decorative Panels, MDF Boards और Modular Interior Solutions की मांग भी बढ़ सकती है। ##Bottom Line भारत में Interior Design की कहानी बदल रही है।

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Morning Market Views:

Indian Markets have been in the consolidation mode from past few days and revolving in the broad range of 23800-24400 on the daily charts. The index has shown good momentum in the intraday trade but is lacking decisive closing moves on the bullish side. The sentiment on the street seems to be cautious with next support for the index placed around 23800 while 24200 remains immediate short-term hurdle for the benchmark index. Bank Nifty is still in the consolidation mode with support for the index placed around 54800 and 54950 on the lower side. The overall trend of the index is neutral with some volatility expected today after the recent volatile moves on the daily charts. The sentiment on the street will remain neutral with support for the index placed around 54800 while 55900 remains resistance for the day. Stocks In News Ratnaveer Precision: The company's board approves a fundraising of up to Rs. 330 crore via equity. It plans to raise funds through QIP, rights issue, or FPO, and also approves an increase in authorised share capital to Rs. 113 crore from Rs. 85 crore. !RVNL : The company receives a construction order worth Rs. 39 crore from NMDC. Butterfly Gandhimathi Appliances: The company faces a liability of AED 31,666 in a consumer injury case in the UAE, following an order passed by the Abu Dhabi Court of Appeal related to an alleged product malfunction.

: The company's arm, Equinaire, executes a loan assignment agreement to acquire a USD 9.76 million mining‑project loan linked to a copper‑gold project in the Philippines. : The company announces the resignation of Manoj Tulsian as Joint Managing Director and CEO. Solara Active Pharma Sciences: The company informs that the US FDA has concluded an inspection at its Puducherry facility, classifying the unit as VAI and issuing four procedural FDA‑483 observations.

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Q4FY26 & FY26 results Q4FY26 Consolidated Financial Highlights: Revenue from Operations: Rs 77,624.64 lakh (up 15.27% QoQ and up 19.65% YoY). Total Income: Rs 77,887.12 lakh (up 15.48% QoQ and up 18.93% YoY). Profit for the period: Rs 3,100.47 lakh (up 116.28% QoQ and up 86.74% YoY). Total Comprehensive Income: Rs 3,141.85 lakh (up 103.53% QoQ and up 34.19% YoY). FY26 Consolidated Financial Highlights: Revenue from Operations: Rs 2,73,903.56 lakh in FY26, compared to Rs 2,48,758.14 lakh in FY25 (up 10.11% YoY). Total Income: Rs 2,75,763.15 lakh (up 10.13% YoY). Profit for the year: Rs 8,977.98 lakh (down 2.12% YoY). Net Cash generated from operating activities: Rs 24,687.75 lakh (up 12.89% YoY) Business Highlights: Geographical Divestment: The Company approved and completed the transfer of 30% shareholding in Greenwud Panel Limited (formerly Greenply Middle East Limited), Dubai, for a consideration of Rs 425.89 lakh (USD 4,91,774). Geopolitical and Operational Impact: Operational activity at Greenwud Panel Limited (GMEL), Dubai, was significantly limited due to geopolitical situations in the Middle East. This resulted in the company recognizing provisions for diminution in investment value (Rs 269.73 lakh), financial guarantees (Rs 947.75 lakh), and loss allowance on advances (Rs 298.07 lakh). Segment Performance: Consolidated annual revenue for 'Plywood and allied products' reached Rs 2,10,462.58 lakh, while the 'Medium density fibreboards and allied products' segment recorded revenue of Rs 63,513.35 lakh.

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