Greenply Industries Ltd · NSE:GREENPLY
Greenply Industries — Q1 FY2026 Earnings Presentation
30 slides from Greenply Industries's earnings presentation, Jul 29, 2025
Slide 1: Cover letter to stock exchanges
HAR ZARURAT KA REPLY Greenply/2025-26 July 29, 2025 The Manager The Manager SSE Limited National Stock Exchange of India Limited Department of Corporate Services Exchange Plaza, Sandra Kurla Complex Floor 25, P. J. Towers, Dalal Street Sandra (E) Mumbai - 400 001 Mumbai - 400 051 Scrip Code: 526797
Slide 2: Analyst Presentation Q1 FY2026
1111111111111111111111111111111 111111 Greenply Industries Limited ANALYST PRESENTATION Q1 FY2026 29th July 2025 1
Slide 3: 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 4: Contents
Contents ❖ Key Highlights ❖ Financial & Operating Performance ❖ Corporate Overview 3
Slide 5: Key Highlights
Key Highlights 4
Slide 6: Key results highlights- Consolidated
Key results highlights- Consolidated Figures in Rs crs % Change % Change Particulars Q1 FY26 Q1 FY25 Q4 FY25 Y-o-Y Q-o-Q Revenue 601 584 2.9% 649 -7.4% Core EBITDA 62 58 6.4% 68 -9.5% Core EBITDA % 10.3% 9.9% + 40 bps 10.5% -20 bps Other income 13 6 129.3% 6 115.6% Share of (loss) of equity accounte
Slide 7: Key results highlights- Consolidated debt position
Key results highlights- Consolidated Change Change Consolidated Debt position (Rs/Crores) Jun’25 Mar’25 June'24 Q-o-Q Y-o-Y Ply Business (GIL+Sandila+Alishan) 138 102 36 72 66 MDF Business (GSPPL)* 405 386 18 374 31 Total Gross Debt 543 488 54 446 97 Net Debt 538 464 74 431 106 Equity 837 809 28 743
Slide 8: Key results highlights – India Ply Business
Key results highlights – India Ply Business Plywood Business ^ (Standalone + Subsidiaries) % Change % Change Particulars Q1 FY26 Q1 FY25 Q4 FY25 Y-o-Y Q-o-Q Sales Volume (MSM) 17.1 17.7 -3.1% 19.7 -13.3% Realisation (Rs/MSM) 255 245 4.1% 253 0.5% Revenue Plywood & Allied products 437 433 1.0% 500 -1
Slide 9: Key results highlights – India MDF Business
Key results highlights – India MDF Business MDF Business % Change % Change Particulars Q1 FY26 Q1 FY25 Q4 FY25 Y-o-Y Q-o-Q Sales Volume (CBM) 46,350 42,724 8.5% 42,688 8.6% Realisation (Rs/CBM) 31,763 30,817 3.1% 31,759 0.0% Revenue (Rs Crs) MDF & Allied 147.22 131.7 11.8% 135.6 8.6% Revenue (Rs Crs
Slide 10: Financial & Operating Performance
FINANCIAL & OPERATING PERFORMANCE 9
Slide 11: Consolidated P&L – Q1 FY26
Consolidated P&L –Q1 FY26 Revenue growth of 2.9% YoY Revenue-Rs. Crores Gross Profit- Rs. Crores, Margin % 2.9% 700 -7.4% 600 300 40.7% 41.5% 42.8% 50.0% 250 40.0% 500 200 30.0% 400 649 150 584 601 238 269 257 20.0% 300 100 200 50 10.0% 0 0.0% 100 Q1FY25 Q4 FY25 Q1 FY26 Q1FY25 Q4 FY25 Q1 FY26 Core E
Slide 12: Consolidated Ratios
Consolidated Ratios Working Capital- Rs. Crores, days* Inventories- Rs. Crores, days* Receivables- Rs. Crores, days* 400 58 70 600 100 350 100 350 60 76 77 300 500 80 80 300 44 50 38 400 250 250 45 60 50 60 40 200 43 47 200 300 30 40 150 150 200 40 100 20 100 100 20 20 50 247 306 380 10 291 518 506
Slide 13: Plywood Business P&L - Q1 FY26
Plywood Business^ (Standalone + Subsidiaries) P&L-Q1 FY26 Revenue growth of 0.4% YoY Revenue- Rs. Crores Gross Profit- Rs. Crores, Margin % % 0.4 -%11.6 600 513 220 50.0% 500 452 454 37.8% 37.9% 39.2% 200 40.0% 400 180 300 30.0% 200 160 195 171 178 20.0% 100 140 0 120 10.0% Q1 FY25 Q4 FY25 Q1 FY26 Q
Slide 14: Plywood Business Ratios
Plywood Business^ (Standalone +Subsidiaries) Ratios Working Capital- Rs. Crores, days* Inventories- Rs. Crores, days* Receivables- Rs. Crores, days* 350 63 70 500 100 59 80 350 60 79 300 49 60 400 80 300 56 58 51 250 39 50 250 56 200 40 300 45 60 200 54 150 314 30 425 150 300 293 52 200 397 40 252 1
Slide 15: Plywood Business Operating Metrics Q1 FY26
Plywood Business^ (Standalone + Subsidiaries) Operating Metrics Q1 FY26 Developing a healthy mix of manufacturing & trading portfolio yielding better ROEs Sales breakup- Volume-wise Sales breakup- Value-wise 100% 100% 80% 38% 44% 42% 80% 31% 35% 34% 60% 60% 40% 40% 69% 62% 58% 65% 66% 56% 20% 20% 0%
Slide 16: MDF P&L - Q1 FY26
MDF P&L- Q1 FY26 Revenue growth of 11.8% YoY Revenue- Rs. Crores Gross Profit- Rs. Crores 11.8% 8.6% 55% 54% 131.7 147.2 100 51% 60% 135.6 80 50% 120.0 60 40% 30% 70.0 40 74 79 67 20% 20 10% 20.0 Q1 FY25 Q4 FY25 Q1 FY26 0 0% Q1 FY25 Q4 FY25 Q1 FY26 Core EBITDA- Rs. Crores, Margin % PAT- Rs. Crores 3
Slide 17: MDF Business Ratios
MDF Business Ratios Working Capital- Rs. Crores, days* Inventories- Rs. Crores, days* Receivables- Rs. Crores, days* 70 50 120 80 39 40 67 40 25 60 62 20 40 100 60 30 20 50 29 46 15 15 80 40 30 15 60 40 20 30 20 10 20 40 20 10 5 10 20 10 21 23 33 55 44 66 66 93 109 0 0 0 0 0 0 Jun-24 Mar-25 Jun-25 J
Slide 18: Updates on the Furniture Hardware JV - Greenply Samet
Updates on the Furniture Hardware JV- Greenply Samet • Financial performance – Q1 FY’26 • Revenue at Rs 6.5 crores. (100%) • PAT loss of Rs 5.4 Crores (50% our share) • Equity Investment till date Rs 80 Crs by GIL. • First export initiated in the month of June’25 of Rs.1.02 crores Hinge Systems Lift
Slide 19: Corporate Overview
CORPORATE OVERVIEW 18
Slide 20: Greenply at a glance
Greenply at a glance 35+ Listed in NSE & Wood based products - One of the largest E-0 Interior Years of experience BSE-Rs. ~4900 Plywood and allied, India’s first Zero infrastructure in delivering quality crores Face Veneer, MDF Emission plywood brands in India plywood products Market Cap Best Green
Slide 21: Manufacturing Excellence
Manufacturing Excellence MDF Manufacturing Capacity Kriparampur, West Bengal Plywood & allied Capacity Manufacturing Location (Mn SqM pa) Location (CBM pa) Vadodara, Gujarat 2,40,000 Bamanbore, Gujarat 20.20 Sandila, Lucknow (U.P.) 13.50 Kriparampur, West 11.00 Bengal Vadodara Mfg. Units Tizit, Naga
Slide 22: Key Business Moats
Key Business Moats Industry First Innovations Promise of delivering quality, every time Quality is Pressing technology to ensure defect free guaranteed calibrated product Global & Domestic Certifications Industry First Influencer Initiatives Rewarding Craftsmanship of Taking care of Driving sustaina
Slide 23: Ownership & Stakeholder Value Creation
Ownership & Stakeholder Value Creation Major Institutional Shareholders – 30th June 2025 Shareholding Pattern- 30th June 2025 Major Institutional Shareholders Shareholding % 11.37% *Mirae Asset Mutual Fund 12.63 HDFC Mutual Fund 7.03 Tata Mutual Fund 6.06 51.69% 32.41% Canara Robeco Mutual Fund 2.54
Slide 24: Strategic Initiatives
Strategic Initiatives Introducing Employee innovative & futuristic engagement products Automation Focus on ESG & digitization Expanding Product portfolio manufacturing expansion base at diversified locations Strategic Initiatives 23 Adopting a multi-pronged approach to leverage the emerging opportun
Slide 25: Digital & PR Awareness
Digital & PR Awareness | rat , Plywood | Timber | Laminates | MDF/Particle Board | Machinery | Furniture otnsreacry Embrace festivities glazed with joy! _ 2 oN 128) Te eS reenply CARB P2 MOF MR. SANIDHYA MITTAL, = JOINT MANAGING DIRECTOR, GREENPLY INDUSTRIES LTD dd eauty your imeiors Pure surface fi
Slide 26: Hindustan Ki Shaan Season 2
Hindustan Ki Shaan Season 2 Total Reach: 2.1 Mn+| New Contractors Added : 60,000 | Nominations Received : 5,660
Slide 27: In-Shop Visibility & Dealer Engagement
In-Shop Visibility & Dealer Engagement Retail Visibility – across 1100 counters New Year Merchandise – 1100+ dealers engaged Holi Festive Engagement – 1400+ dealers engaged
Slide 28: Brand Campaign - Driving Brand Saliency
Brand Campaign - Driving Brand Saliency of, TV Campaign : Prime-time Impact properties Presence on lead News, Business, Movie & Regional Channels XX, Cow Crrictures NB — Epc y SIE ‘x 4WMn ; 2 Reach thru TV GA inaiay BR
Slide 29: Awards & Recognition
Awards & Recognition Great Place to Work-Three times India’s Most trusted Brand- Best Green Manufacturing Economic Times Sustainable in a row (2020, 2021, 2022) 2022 Company- 2022 Organisations Award - 2023 28
Slide 30: Thank You!
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 Thank You! 29
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