Greenpanel Industries is India’s finest interior designing company. The founder of the company, Mr Shiv Prakash Mittal, in 2010, set up a Medium Density Fibreboard (MDF) plant in Pantnagar, Uttarakhand. Later, the company expanded its horizon in Andhra Pradesh, thus building a strong empire in high-quality, eco-friendly pre-laminated plywood and the best plywood for furniture.
Today, Greenpanel Industries has secured a USD 1 billion market capitalization and is listed on NSE and BSE as a separate company.
Stock Analysis for Greenpanel Industries Ltd
CMP: ₹265.25
Target 1: ₹310
Target 2: ₹335
Tenure: 12 Months
P/B Ratio: 2.47
Measuring Sales Growth by Analysing SAGR and CAGR
- With the help of new strategic actions, the company is aiming for ₹1,700 crore revenue for FY26.
- In Q2 of FY26, the company obtained ₹396 crore in sales with a profit margin of 6.3%, but still recorded a net loss of ₹6.10 crore.
- Greenpanel Industries’ revenue is expected to grow by 15–19%, driven by both domestic and international markets.
Profit & Loss Account
| Profit & Loss account of Greenpanel Industries Limited (in Rs. Cr.) | Mar 25 | Mar 24 | Mar 23 | |
| 12 months | 12 months | 12 months | ||
| INCOME | ||||
| Revenue From Operations [Gross] | 1,393.88 | 1,563.93 | 1,778.55 | |
| Less: Excise/Service Tax/Other Levies | 0.00 | 0.00 | 0.00 | |
| Revenue From Operations [Net] | 1,393.88 | 1,563.93 | 1,778.55 | |
| Total Operating Revenues | 1,435.77 | 1,567.25 | 1,782.86 | |
| Other Income | 22.57 | 20.93 | 18.19 | |
| Total Revenue | 1,458.34 | 1,588.18 | 1,801.05 | |
| EXPENSES | ||||
| Cost Of Materials Consumed | 713.11 | 704.85 | 736.69 | |
| Purchase Of Stock-In-Trade | 17.51 | 11.95 | 14.68 | |
| Operating And Direct Expenses | 0.00 | 0.00 | 0.00 | |
| Changes In Inventories Of FG, WIP And Stock-In-Trade | 10.16 | -26.06 | -5.58 | |
| Employee Benefit Expenses | 140.10 | 140.63 | 136.58 | |
| Finance Costs | 6.67 | 12.26 | 18.68 | |
| Depreciation And Amortisation Expenses | 77.42 | 72.89 | 68.98 | |
| Other Expenses | 423.69 | 489.35 | 489.97 | |
| Total Expenses | 1,388.65 | 1,405.88 | 1,460.01 | |
| Profit/Loss Before Exceptional, Extraordinary Items And Tax | 69.69 | 182.30 | 341.04 | |
| Exceptional Items | 0.00 | 1.08 | -24.29 | 0.00 |
| Profit/Loss Before Tax | 69.69 | 183.38 | 316.76 | 341.83 |
Greenpanel Share Analysis Are As Follows:
As per the latest news, the Greenpanel share price today is Rs 262.30, reflecting a decline of 0.64% ( -1.70).
52-week High and Low
Shareholders or Investors keep a tab on the 52-week high and low share prices, as this sheds light on market turbulence and trend momentum. When seen at a share price of Rs 262.30, Greenpanel has experienced a slight drop, while its 52-week high is Rs 418.80.
Fundamental Analysis of Greenpanel Industries
Key and Highlighting Points
- In the Piotroski F-Score, Greenpanel Industries stands at a score of 4. Therefore, it assures a stable growth.
- Greenpanel Industries has scored 17.36 in the TSR profitability index and 67.19 in the TSR stability index. This indicates that while the company’s stock is relatively stable, its returns for shareholders are moderate, reflecting a neutral overall performance.
- On the contrary, quarterly sales are gaining momentum.
- Moreover, despite the increased quarterly sales, yearly growth has declined in the last 3 years.
- The company is financially stable; nevertheless, its declining sales and weak cash flows can raise concerns.
Why It’s on our RADAR
Greenpanel Industries is emerging as a must-have stock for long-term investors!
With a strong 12-month target of ₹310 and an extended upside to ₹335, the current CMP of ₹265.25 offers an attractive entry zone.
Why this stock stands out:
✅ Strong leadership in MDF & panel boards
✅ Solid fundamentals with P/B of 2.47
✅ Consistent revenue trends
✅ Ideal for stable, medium-term wealth creation
Future Growth and Final Thoughts
Greenpanel Industries’ stock has seen strong long-term growth, but its recent performance shows a declining trend, especially over the past few years.
Additionally, the fluctuations on a short-term or weekly basis are minor because the company is experiencing recent market challenges; therefore, investors must look at the current trends carefully. However, a stable rise in revenue and sales assures an accelerating earnings growth in the upcoming days.
If you’re building a quality portfolio, Greenpanel deserves a spot!
If you are looking for or planning for a wealth management advisory, please contact us.
FAQs
Greenpanel Industries is India’s leading manufacturer of MDF, plywood, and pre-laminated boards, known for eco-friendly, high-quality interior solutions.
Yes, with strong fundamentals, a P/B ratio of 2.47, and revenue growth expectations of 15–19%, Greenpanel is considered attractive for long-term investors.
The company aims for ₹1,700 crore revenue by FY26 and continues to expand domestic and export markets, supported by rising MDF demand in India.
In Q2 FY26, Greenpanel achieved ₹396 crore in sales but recorded a ₹6.10 crore net loss due to high expenses and margin pressure.
Analysts project a 12-month target of ₹310 and an extended target of ₹335, making the current CMP of ₹265.25 an attractive entry point.
