Please find Press Release of Greenply Industries Limited in respect of unaudited financial results of Q1 FY27.
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 24 Jul 2026, 01:55 PM IST · BSE ID: 472c3d4d-414c-418c-938a-dd8a86f1290c
View Original BSE Filing (PDF)
💡
In Simple Terms
Greenply Industries increased its total sales by 20.7% to Rs 724.9 crores and saw higher profits in the first quarter.
🤖 AI Summary
- Greenply Industries' Q1 FY27 consolidated revenue increased 20.7% year-on-year to Rs 724.9 crores.
- Core EBITDA for Q1 FY27 rose 27.1% year-on-year to Rs 78.3 crores, achieving a 10.8% margin.
- Plywood business revenue grew 16.0% year-on-year to Rs 526.6 crores with an 8.4% Core EBITDA margin.
- MDF business revenue increased 32.8% year-on-year to Rs 195.7 crores, with a 17.3% Core EBITDA margin.
- Consolidated net profit for the quarter ended June 30, 2026, was Rs 37.6 crore.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Consolidated Revenue
Rs 724.9 crores
20.7%
Consolidated Core EBITDA
Rs 78.3 crores
27.1%
Consolidated Core EBITDA Margin
10.8%
Consolidated Net Profit
Rs 37.6 crore
Plywood Business Revenue
Rs 526.6 crores
16.0%
MDF Business Revenue
Rs 195.7 crores
32.8%
Greenply Samet JV Total Revenue
Rs 13.61 crores
Greenply Samet JV Share of PAT loss
Rs 5.7 Crs
🏢 How This Affects the Company
The company demonstrated strong volume growth in both Plywood (13.8% YoY) and MDF (24.7% YoY) businesses, indicating market demand and operational effectiveness. Revenue from MDF business increased by 32.8% year-on-year, suggesting effective growth strategies in that segment.
Consolidated revenue grew by 20.7% year-on-year to Rs 724.9 crores, driving a 27.1% increase in Core EBITDA to Rs 78.3 crores and a net profit of Rs 37.6 crore. Core EBITDA margins improved in the Plywood business by 50 bps year-on-year.
The launch of the 'One Sheet, One Tree' initiative embeds ecological responsibility into the supply chain, which could affect long-term sourcing and brand perception. Volume growth in Plywood and MDF segments indicates efficient production and distribution channels.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this financial results disclosure.
👤
Who Is Affected
All shareholders are affected as the company's financial performance impacts the fundamental value of their holdings. The Q1 FY27 consolidated net profit was Rs 37.6 crore.
🔍
Management Signal
Management indicates a focus on achieving full-year guidance, supported by robust growth in both Plywood and MDF segments, alongside an emphasis on environmental sustainability with the 'One Sheet, One Tree' initiative.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 results — observe if revenue and EBITDA growth sustain.
Progress of Greenply Samet JV — check for reduced PAT loss in future quarters.
Impact of 'One Sheet, One Tree' initiative — track any related operational costs or benefits.
LOW RISK
The filing indicates strong financial performance and no new specific risks.
💡 Investor Takeaway
Greenply Industries reported Q1 FY27 consolidated revenue of Rs 724.9 crores, a 20.7% year-on-year increase, with Core EBITDA rising 27.1% to Rs 78.3 crores. Net profit for the quarter was Rs 37.6 crore.
⚖️ Strengths & Concerns
✅ Positives
- Consolidated revenue increased by 20.7% year-on-year to Rs 724.9 crores in Q1 FY27, indicating strong top-line growth.
- Core EBITDA grew 27.1% year-on-year to Rs 78.3 crores, with margins improving to 10.8% in Q1 FY27.
⚠️ Concerns
- The Greenply Samet JV reported a share of PAT loss of Rs 5.7 Crs (50%) in Q1 FY27, despite doubling its revenue.
- Plywood business Core EBITDA margin of 8.4% is lower compared to the MDF business margin of 17.3%.
📅 Company Track Record
Greenply Industries' Q1 FY27 net profit of Rs 37.6 crore follows Q1 FY27 net profit of Rs. 2,127.65 Lakhs (from past filing, which is Rs 21.27 crores) and FY26 profit of Rs. 7,359.35 Lakhs (Rs 73.59 crores), which was impacted by Rs. 1,976.63 Lakhs in exceptional charges.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Greenply Industries' consolidated revenue for Q1 FY27?
Greenply Industries reported a consolidated revenue of Rs 724.9 crores for the quarter ended June 30, 2026, marking a 20.7% increase year-on-year.
What was Greenply Industries' net profit in Q1 FY27?
The consolidated net profit for Greenply Industries in Q1 FY27 was Rs 37.6 crore.
How did Greenply Industries' Plywood business perform in Q1 FY27?
The Plywood business generated revenue of Rs 526.6 crores in Q1 FY27, showing a 16.0% increase year-on-year, with a Core EBITDA margin of 8.4%.
What was the performance of Greenply Industries' MDF business in Q1 FY27?
The MDF business revenue was Rs 195.7 crores in Q1 FY27, an increase of 32.8% year-on-year, achieving a Core EBITDA margin of 17.3%.
What was Greenply Industries' Core EBITDA in Q1 FY27?
Greenply Industries' consolidated Core EBITDA for Q1 FY27 was Rs 78.3 crores, a 27.1% increase year-on-year, with a margin of 10.8%.
Questions based on this BSE filing only. For information purposes.