Greenply Industries Ltd · NSE:GREENPLY
Greenply Industries — Q1 FY2027 Earnings Presentation
33 slides from Greenply Industries's earnings presentation, Jul 24, 2026
Slide 1: Cover letter to stock exchanges
I ~ HAR ZARURAT KA REPLY Greenply /2026-27 July 24, 2026 The Manager The Manager BSE Limited National Stock Exchange of India Limited Department of Corporate Services Exchange Plaza, Bandra Kurla Complex Floor 25, P. J. Towers, Dalal Street Bandra {E) Mumbai - 400 001 Mumbai - 400 051 Scrip Code: 52
Slide 2: Transforming Indian Spaces
Se TRANSFORMING INDIAN SPACES
Slide 3: Analyst Presentation Q1 FY2027
ANALYST PRESENTATION Q1 FY2027 24 July 2026 th
Slide 4: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Greenply Industries Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any se
Slide 5: Contents
❖ Key Highlights ❖ Financial & Operating Performance CONTENTS ❖ Corporate Overview ❖ Marketing Activities 4
Slide 6: Key Highlights
KEY HIGHLIGHTS
Slide 7: Key results highlights- Consolidated
Key results highlights- Consolidated Figures in Rs crs % Change % Change Particulars Q1 FY27 Q1 FY26 Q4 FY26 Y-o-Y Q-o-Q Revenue 724.9 600.8 20.7% 776.2 -6.6% Core EBITDA 78.3 61.6 27.1% 93.2 -16.0% Core EBITDA % 10.8% 10.3% + 50 bps 12.0% -120 bps Other income 1.8 13.2 -86.2% 2.6 -30.7% Share of (l
Slide 8: Key results highlights- Consolidated debt position
Key results highlights- Consolidated Change Change Consolidated Debt position (Rs/Crores) June’26 Mar’26 June’25 Q-o-Q Y-o-Y Ply Business 180 120 60 138 42 MDF Business 374 369 5 405 -31 Total Gross Debt 554 489 65 543 11 Net Debt 533 461 72 538 -5 Equity 932 895 37 837 95 Net D/E (Times) 0.57 0.52
Slide 9: Key results highlights – India Ply business
Key results highlights – India Ply business Plywood Business ^ (Standalone + Subsidiaries) % Change % Change Particulars Q1 FY27 Q1 FY26 Q4 FY26 Y-o-Y Q-o-Q Sales Volume (MSM) 19.4 17.1 13.8% 22.8 -14.9% Realisation (Rs/Sqm) 265 255 3.8% 254 4.3% Revenue Plywood & Allied products 513.2 437.4 17.3% 5
Slide 10: Key results highlights – India MDF business
Key results highlights – India MDF business MDF Business % Change % Change Particulars Q1 FY27 Q1 FY26 Q4 FY26 Y-o-Y Q-o-Q Sales Volume (CBM) 57,805 46,350 24.7% 62,021 -6.8% Realisation (Rs/CBM) 33,525 31,763 5.5% 30,508 9.9% Revenue (Rs Crs) MDF & Allied 193.8 147.2 31.6% 189.2 2.4% Revenue (Rs Cr
Slide 11: Financial & Operating Performance
FINANCIAL & OPERATING PERFORMANCE
Slide 12: Consolidated P&L – Q1 FY27
Consolidated P&L –Q1 FY27 Revenue growth of 20.7% YoY Revenue-Rs. Crores Sales Minus COGS - Rs. Crores, Margin % 20.7% 19.8% 700 -6.6% -4.4% 600 350 42.8% 41.5% 42.5% 50.0% 300 40.0% 500 250 776 725 30.0% 400 200 601 150 322 308 20.0% 300 257 100 200 50 10.0% 100 0 0.0% Q1FY26 Q4 FY26 Q1 FY27 Q1FY26
Slide 13: Consolidated Ratios
Consolidated Ratios Working Capital- Rs. Crores, days* Inventories- Rs. Crores, days* Receivables- Rs. Crores, days* 400 70 600 100 450 100 58 77 350 60 400 500 80 80 300 43 350 42 50 400 250 49 60 300 50 54 40 46 47 60 200 300 250 30 40 200 40 150 200 20 150 100 20 10 100 100 20 50 380 319 337 506
Slide 14: India Plywood Business - P&L - Q1 FY27
India Plywood Business^ - P&L-Q1 FY27 Revenue growth of 16.0% YoY Revenue- Rs. Crores Sales Minus COGS - Rs. Crores, Margin % 16.0% -10.5% 14.6% 700 588 220 -5.9% 50.0% 600 39.2% 38.7% 500 454 527 200 36.8% 40.0% 400 180 300 217 30.0% 200 160 204 100 178 20.0% 140 0 Q1 FY26 Q4 FY26 Q1 FY27 120 10.0%
Slide 15: India Plywood Business - Ratios
India Plywood Business^ - Ratios Inventories- Rs. Crores, days* Receivables- Rs. Crores, days* Payables- Rs. Crores, days* 500 100 400 64 65 390 76 80 80 66 350 64 380 70 400 80 58 300 63 370 60 250 59 62 300 48 46 60 61 360 50 200 59 60 350 40 200 397 40 150 376 382 59 340 30 277 266 100 58 100 20
Slide 16: India Plywood Business - Operating Metrics Q1 FY27
India Plywood Business^ - Operating Metrics Q1 FY27 Developing a healthy mix of manufacturing & trading portfolio yielding better ROEs Sales breakup- Volume-wise Sales breakup- Value-wise 100% 100% 80% 35% 32% 80% 34% 30% 27% 42% 60% 60% 40% 68% 40% 70% 73% 58% 65% 66% 20% 20% 0% 0% Q1 FY26 Q4 FY26
Slide 17: India MDF P&L - Q1 FY27
India MDF P&L- Q1 FY27 Revenue growth of 32.8% YoY Revenue- Rs. Crores Sales Minus COGS - Rs. Crores, margin % 32.8% 3.3% 54% 56% 53% 220.0 120 60% 189.5 195.7 100 50% 170.0 147.3 80 40% 120.0 60 30% 106 104 70.0 40 79 20% 20 10% 20.0 0 0% Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4 FY26 Q1 FY27 Core EBITDA-
Slide 18: India MDF Business Ratios
India MDF Business Ratios Inventories- Rs. Crores, days* Receivables- Rs. Crores, days* Payables- Rs. Crores, days* 120 80 80 67 40 22 25 70 70 20 100 60 50 60 16 20 47 30 50 41 80 45 50 15 40 32 60 40 20 30 30 10 40 20 20 10 5 10 20 76 72 68 10 32 38 34 0 109 87 97 0 0 0 0 Jun-25 Mar-26 Jun-26 Jun-
Slide 19: Updates on the Furniture Hardware JV - Greenply Samet
Updates on the Furniture Hardware JV- Greenply Samet • Financial performance – Q1 FY’27 • Revenue at Rs 13.61 crores. (100%) • Share of PAT loss was Rs 5.7 Crores (50% our share) • Equity Investment till date Rs 105 Crs by GIL. • New dealers' appointment in Q1 FY’27 is 127 and total dealers Hinge Sy
Slide 20: Corporate Overview
CORPORATE OVERVIEW
Slide 21: Greenply at a Glance
Greenply at a Glance 40+ Listed in NSE & Wood based products One of the largest E-0 Interior Years of experience BSE-Rs. 3,500+ India’s first Zero infrastructure in delivering quality crores Plywood, MDF, Veneers, Emission plywood brands in India plywood products Market Cap Doors, PVC/WPC boards, Fu
Slide 22: Pioneering brand with several innovations
Pioneering brand with several innovations st Zero Emission Ply To receive FSC certification Lifetime Warranty Ply Structural Grade Ply Carpenter Recognition (HKS) To Plant 50 Mn Trees
Slide 23: Strategic Outlook
Strategic Outlook Product portfolio expansion Introducing innovative & Automation & Futuristic digitization products Strategic Outlook Expanding Manufacturing Focus on ESG base at diversified locations Employee Engagement Adopting a multi-pronged approach to leverage the emerging opportunity in the
Slide 24: A Comprehensive Portfolio for Every Interior Space
A Comprehensive Portfolio for Every Interior Space 23
Slide 25: Greenply Manufacturing Capacities
Greenply Manufacturing Capacities Plywood & allied (Own Capacity Manufacturing ) Location (Mn SQM pa) Bamanbore, Gujarat 20.20 Sandila, Lucknow (U.P.) 13.50 Kriparampur, West Bengal 11.00 Tizit, Nagaland 8.10 Odisha (work in progress) 13.5 Total Capacity 66.3 MDF Manufacturing Location Capacity (CBM
Slide 26: Ownership & Stakeholder Value Creation
Ownership & Stakeholder Value Creation Shareholding Pattern- 30th June 2026 Major Institutional Shareholders – 30th June 2026 12.21% Major Institutional Shareholders Shareholding % *Mirae Mutual fund 12.75 HDFC Mutual Fund 7.17 Tata Mutual Fund 5.77 51.93% 31.43% Canara Robeco Mutual Fund 2.62 Bandh
Slide 27: Marketing Activities
MARKETING ACTIVITIES
Slide 28: Building Consumer Trust through Impactful Campaigns
Building Consumer Trust through Impactful Campaigns Brand Campaign – Green Brand Campaign – Ecotec Brand Campaign – MDF Objective : Drive preference among Objective : Convert unbranded plywood Objective : Strengthen presence in OEM high-value, quality-conscious consumers users to branded category an
Slide 29: Driving Brand Visibility & Imagery
Driving Brand Visibility & Imagery Sports Association - IPL Purpose led Initiatives Impact Associations
Slide 30: Engaging, Enabling & Elevating Our Contractor Community
Engaging, Enabling & Elevating Our Contractor Community Skill Recognition Influence Channel Wellbeing Programme Platform – Community
Slide 31: Designing meaningful connection with Architects
Designing meaningful connection with Architects Community Influence Channel Sustainability Bridge Engagement
Slide 32: Awards & Recognition
Awards & Recognition Economic Times Great Place to Work- Best Green India’s Most trusted Sustainable Guinness World Record Three times in a row Manufacturing Brand- 2022 Organisations Award - 2026 (2020, 2021, 2022) Company- 2022 2023 31
Slide 33: For further information, please contact
For further information, please contact Registered Office : Madgul Lounge, 6th Floor 23 Chetla Central Road, Chetla Kolkata - 700027, West Bengal, India Phone: (033)-3051-5000 Fax: (033)-3051-5010 Email: investors@greenply.com Website: www.greenply.com
Greenply Industries — Q1 FY2027 Earnings Presentation on 6ix