Greenply Industries Ltd · NSE:GREENPLY
Greenply Industries — Q4 FY2026 Earnings Presentation
40 slides from Greenply Industries's earnings presentation, Apr 28, 2026
Slide 1: Greenply Industries results presentation cover letter to exchanges
Greenply/2026-27 HAR ZARURAT KA REPLY April 28, 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: 526797
Slide 2: Transforming Indian Spaces
Se TRANSFORMING INDIAN SPACES
Slide 3: Analyst Presentation Q4 & 12M FY2026
ANALYST PRESENTATION Q4 & 12M FY2026 28 April 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 ❖ CSR Initiatives 4
Slide 6: Key Highlights
KEY HIGHLIGHTS
Slide 7: Key results highlights- Consolidated
Key results highlights- Consolidated Figures in Rs crs % Change % Change % Change Particulars Q4 FY26 Q4 FY25 Q3 FY26 12M FY26 12M FY25 Y-o-Y Q-o-Q Y-o-Y Revenue 776.2 648.8 19.6% 673.4 15.3% 2739.0 2487.6 10.1% Core EBITDA 93.2 68.1 37.0% 58.9 58.3% 270.5 237.7 13.8% Core EBITDA % 12.0% 10.5% + 150
Slide 8: Key results highlights- Consolidated debt position
Key results highlights- Consolidated Change Change Consolidated Debt position (Rs/Crores) Mar’26 Dec’25 Mar’25 Q-o-Q Y-o-Y Ply Business 120 124 -4 102 -19 MDF Business 369 410 -41 386 -18 Total Gross Debt 489 534 -45 488 1 Net Debt 461 528 -67 464 -2 Equity 895 862 33 809 86 Net D/E (Times) 0.52 0.6
Slide 9: Key results highlights – India Ply business
Key results highlights – India Ply business Plywood Business ^ (Standalone + Subsidiaries) % Change % Change % Change Particulars Q4 FY26 Q4 FY25 Q3 FY26 12M FY26 12M FY25 Y-o-Y Q-o-Q Y-o-Y Sales Volume (MSM) 22.8 19.7 15.6% 20.5 11.1% 82.17 75.86 8.3% Realisation (Rs/Sqm) 254 253 0.1% 244 3.8% 248
Slide 10: Key results highlights – India MDF business
Key results highlights – India MDF business MDF Business % Change % Change % Change Particulars Q4 FY26 Q4 FY25 Q3 FY26 12M FY26 12M FY25 Y-o-Y Q-o-Q Y-o-Y Sales Volume (CBM) 62,021 42,688 45.3% 48,383 28.2% 2,03,772 1,68,264 21.1% Realisation (Rs/CBM) 30,508 31,759 -3.9% 31,385 -2.8% 31,152 31,399
Slide 11: Financial & Operating Performance
FINANCIAL & OPERATING PERFORMANCE
Slide 12: Consolidated P&L – Q4 FY26
Consolidated P&L –Q4 FY26 Revenue growth of 19.6% YoY Revenue-Rs. Crores Gross Profit- Rs. Crores, Margin % 19.6% 19.6% 700 15.3% 18.0% 600 350 41.5% 40.5% 41.8% 50.0% 300 40.0% 500 250 776 30.0% 400 649 673 200 150 322 20.0% 300 269 273 100 200 50 10.0% 100 0 0.0% Q4FY25 Q3 FY26 Q4 FY26 Q4FY25 Q3 F
Slide 13: Consolidated P&L – 12M FY26
Consolidated P&L –12M FY26 Revenue growth of 10.1% YoY Revenue-Rs. Crores Gross Profit- Rs. Crores, Margin % 10.1% 10.8% 1200 50.0% 3,000 2,739 40.3% 40.7% 2,488 1000 40.0% 2,500 800 2,000 30.0% 1,500 600 1112 1003 20.0% 1,000 400 500 200 10.0% - 0 0.0% 12MFY25 12MFY26 12MFY25 12MFY26 Core EBITDA- R
Slide 14: Consolidated Ratios
Consolidated Ratios Working Capital- Rs. Crores, days* Inventories- Rs. Crores, days* Receivables- Rs. Crores, days* 400 44 47 43 50 600 100 450 100 350 76 400 40 500 80 80 300 58 350 400 49 300 54 250 30 60 47 51 60 200 300 250 150 20 40 200 40 200 150 100 10 20 100 100 20 50 306 344 319 518 416 36
Slide 15: India Plywood Business - P&L Q4 FY26
India Plywood Business^ - P&L-Q4 FY26 Revenue growth of 14.6% YoY Revenue- Rs. Crores Gross Profit- Rs. Crores, Margin % 14.6% 12.8% 11.3% 700 220 10.3% 50.0% 600 513 522 588 200 37.9% 37.6% 36.8% 500 40.0% 400 180 300 217 30.0% 160 195 196 200 100 140 20.0% 0 120 10.0% Q4 FY25 Q3 FY26 Q4 FY26 Q4 FY
Slide 16: India Plywood Business - P&L 12M FY26
India Plywood Business^ P&L-12M FY26 Revenue growth of 7.5% YoY Revenue- Rs. Crores Gross Profit- Rs. Crores, Margin % 7.5% 6.4% 2,200 2,106 400 40.0% 1,959 1,900 370 37.7% 37.4% 30.0% 1,600 340 20.0% 1,300 1,000 310 10.0% 739 786 700 280 0.0% 12M FY25 12MFY26 12M FY25 12MFY26 Core EBITDA- Rs. Crore
Slide 17: India Plywood Business - Ratios
India Plywood Business^ - Ratios Working Capital- Rs. Crores, days* Inventories- Rs. Crores, days* Receivables- Rs. Crores, days* 350 54 56 500 100 400 64 66 300 54 79 46 350 64 400 80 250 52 59 300 56 60 62 49 300 48 60 250 60 200 50 200 369 150 298 48 425 150 300 334 58 261 265 200 40 100 46 325 2
Slide 18: India Plywood Business - Operating Metrics Q4 FY26
India Plywood Business^ - Operating Metrics Q4 FY26 Developing a healthy mix of manufacturing & trading portfolio yielding better ROEs Sales breakup- Volume-wise Sales breakup- Value-wise 100% 100% 80% 44% 34% 35% 80% 35% 30% 30% 60% 60% 40% 40% 70% 70% 56% 66% 65% 65% 20% 20% 0% 0% Q4 FY25 Q3 FY26
Slide 19: India Plywood Business Operating Metrics 12M FY26
India Plywood Business^ Operating Metrics 12M FY26 Developing a healthy mix of manufacturing & trading portfolio yielding better ROEs Sales breakup- Volume-wise Sales breakup- Value-wise 120% 120% 100% 100% 80% 42% 37% 80% 34% 31% 60% 60% 40% 40% 69% 58% 63% 66% 20% 20% 0% 0% 12M FY25 12MFY26 12M FY
Slide 20: India MDF P&L - Q4 FY26
India MDF P&L- Q4 FY26 Revenue growth of 39.6% YoY Revenue- Rs. Crores Gross Profit- Rs. Crores 39.6% 24.6% 55% 56% 220.0 120 51% 60% 189.5 100 50% 170.0 135.7 152.0 80 40% 120.0 60 30% 106 40 74 77 20% 70.0 20 10% 20.0 0 0% Q4 FY25 Q3 FY26 Q4 FY26 Q4 FY25 Q3 FY26 Q4 FY26 Core EBITDA- Rs. Crores, Ma
Slide 21: India MDF P&L - 12M FY26
India MDF P&L- 12M FY26 Revenue growth of 19.9% YoY Revenue- Rs. Crores Gross Profit- Rs. Crores 19.9% 350.0 326.3 60.0% 700.0 635.6 530.2 300.0 264.4 50.0% 600.0 500.0 250.0 49.9% 51.3% 40.0% 400.0 200.0 30.0% 300.0 150.0 100.0 20.0% 200.0 100.0 50.0 10.0% - - 0.0% 12M FY25 12M FY26 12M FY25 12M FY
Slide 22: India MDF Business Ratios
India MDF Business Ratios Working Capital- Rs. Crores, days* Inventories- Rs. Crores, days* Receivables- Rs. Crores, days* 60 30 31 35 100 64 70 22 22 29 56 50 25 50 30 60 80 50 40 16 20 40 25 50 20 60 40 30 15 30 15 40 30 20 10 20 10 20 10 5 10 5 20 23 35 38 44 46 53 93 91 87 10 0 0 0 0 0 0 Mar-25
Slide 23: Updates on the Furniture Hardware JV - Greenply Samet
Updates on the Furniture Hardware JV- Greenply Samet • Financial performance – Q4 FY’26 • Revenue at Rs 12.99 crores. (100%) • Share of PAT loss was Rs 6.5 Crores (50% our share) • Financial performance – 12M FY’26 • Revenue at Rs 44.27 crores. (100%) • Share of PAT loss was Rs 25.4 Crores (50% our
Slide 24: Corporate Overview
CORPORATE OVERVIEW
Slide 25: 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. 2,500+ India’s first Zero infrastructure in delivering quality crores Plywood, MDF, Veneers, Emission plywood brands in India plywood products Market Cap Doors, PVC & Furniture fi
Slide 26: 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 27: 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 28: A Comprehensive Portfolio for Every Interior Space
A Comprehensive Portfolio for Every Interior Space 27
Slide 29: 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 30: Ownership & Stakeholder Value Creation
Ownership & Stakeholder Value Creation Shareholding Pattern- 31st March 2026 Major Institutional Shareholders - 31st March 2026 12.09% Major Institutional Shareholders Shareholding % *Mirae Mutual fund 12.68 HDFC Mutual Fund 7.17 Tata Mutual Fund 6.01 51.89% 31.83% Canara Robeco Mutual Fund 2.62 Ban
Slide 31: Marketing Activities
MARKETING ACTIVITIES
Slide 32: 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 33: Driving Brand Visibility & Imagery
Driving Brand Visibility & Imagery Sports Association - IPL Purpose led Initiatives Impact Associations
Slide 34: Engaging, Enabling & Elevating Our Contractor Community
Engaging, Enabling & Elevating Our Contractor Community Skill Recognition Influence Channel Wellbeing Programme Platform – Community
Slide 35: Designing meaningful connection with Architects
Designing meaningful connection with Architects Community Influence Channel Sustainability Bridge Engagement
Slide 36: 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 35
Slide 37: CSR Initiatives
CSR INITIATIVES
Slide 38: CSR Approach
CSR Approach Vision Mission Improving lives in pursuit of To pursue initiatives directed Rs. 303 Lakhs Rs. 291 Lakhs collective development and towards enhancing welfare of Spent on CSR Activities Spent on CSR Activities environmental sustainability society based on long term during FY 2024-25 durin
Slide 39: Activities under Care for All
Activities under Care for All Facilitating People with Scholarships for Contractor kids Plastic Free Tiranga – Initiative to Greenply Eco Restoration & Disabilities to watch match live eliminate single use plastic Plantation Drive Health Camps Accidental Insurance 38
Slide 40: 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
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