Greenpanel Industries Ltd (GREENPANEL) AI Stock Analysis

• Market Cap: ₹36.25B
• Dividend Yield: 0.1%
• Average Volume (3M): 51.21K
• Price to Earnings (P/E): 166.4
• Beta (1Y): 1.35
• Revenue Growth: -9.51%
• EPS Growth: -82.03%
• Country: IN
• Employees: 1,846
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): -2.80
• Shares Outstanding: 122,627,396
• 10 Day Avg. Volume: 33,289
• 30 Day Avg. Volume: 51,207
• PEG Ratio: -0.85
• Price to Book (P/B): 2.06
• Price to Sales (P/S): 1.99
• P/FCF Ratio: -23.75
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹343.00
• Price Target Upside: 11.60% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 61 Neutral
• Price Target: ₹313.00 ▲(1.84% Upside)

The overall stock score of 61 reflects a mixed outlook for Greenpanel Industries Ltd. The company's strong balance sheet and positive technical indicators are offset by declining financial performance and high valuation concerns. The lack of earnings call data and corporate events limits further insights into future prospects.

Greenpanel Industries Ltd Business Overview & Revenue Model

Company Description

Greenpanel Industries Ltd (GREENPANEL) is one of India's leading manufacturers of eco-friendly engineered wood products. The company specializes in producing a wide range of wood-based panels including MDF (Medium Density Fiberboard), particle boards, and other related products. With a commitment to sustainability and innovation, GREENPANEL serves various sectors such as furniture, interior design, and construction, providing high-quality materials that meet the growing demand for green building solutions.

How the Company Makes Money

Greenpanel Industries generates revenue primarily through the sale of its wood-based products, including MDF and particle boards, to manufacturers and retailers in the furniture and construction industries. The company benefits from a diversified product portfolio that caters to various applications, ensuring a steady demand. Key revenue streams come from direct sales to large-scale furniture manufacturers, as well as partnerships with retailers and distributors. Additionally, Greenpanel's focus on eco-friendly products aligns with increasing consumer preference for sustainable options, which enhances its market position and profitability. The company's strategic expansion into new markets and ongoing investments in technology and innovation further contribute to its revenue growth.

Greenpanel Industries Ltd Financial Statement Overview

Summary

Greenpanel Industries Ltd presents a mixed financial performance with declining revenues and profitability in 2025. The balance sheet remains strong with low leverage and high equity, while cash flow management poses challenges due to negative free cash flow. The company needs to focus on reversing the revenue decline and improving cash flow generation to enhance financial stability.

Income Statement

Greenpanel Industries Ltd has exhibited fluctuating revenue with a recent decline, impacting its gross and net profit margins. The gross profit margin for 2025 is 33.25%, and the net profit margin stands at 5.02%. The company experienced a negative revenue growth rate of -8.19% in 2025, signaling potential challenges in maintaining sales. The EBIT margin is relatively stable at 3.75%, while the EBITDA margin is 10.71%, indicating moderate operational profitability.

Balance Sheet

The balance sheet shows a strong equity position with a debt-to-equity ratio of 0.30, indicating low financial leverage. The return on equity (ROE) for 2025 is 5.21%, which suggests moderate profitability from shareholders' equity. The equity ratio is healthy at 64.84%, reflecting a well-capitalized balance sheet with substantial equity backing the company's assets.

Cash Flow

Cash flow analysis reveals a significant decline in free cash flow, leading to a negative free cash flow of -1,204,383,000 INR in 2025. The operating cash flow to net income ratio is 0.99, indicating that cash generation from operations is closely aligned with net income. However, the free cash flow to net income ratio is negative, highlighting challenges in converting net income to free cash flow.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	13.99B	14.36B	15.64B	17.83B	16.25B	10.01B
Gross Profit	5.03B	4.77B	4.07B	10.37B	8.94B	5.27B
EBITDA	994.15M	1.54B	2.67B	4.33B	4.39B	1.94B
Net Income	217.70M	721.09M	1.43B	2.57B	2.40B	688.08M
Balance Sheet
Total Assets	0.00	21.36B	18.91B	17.05B	15.42B	14.55B
Cash, Cash Equivalents and Short-Term Investments	1.55B	2.26B	2.38B	3.78B	2.23B	720.12M
Total Debt	0.00	4.13B	2.96B	2.28B	3.16B	4.84B
Total Liabilities	-13.85B	7.51B	5.74B	5.11B	5.91B	7.25B
Stockholders Equity	13.85B	13.85B	13.17B	11.94B	9.52B	7.30B
Cash Flow
Free Cash Flow	-287.68M	-1.20B	-2.12B	2.57B	3.31B	1.34B
Operating Cash Flow	246.68M	718.07M	1.35B	3.37B	3.66B	1.55B
Investing Cash Flow	-95.42M	-1.74B	-1.58B	-2.48B	-1.36B	-108.88M
Financing Cash Flow	66.42M	966.29M	503.20M	-1.34B	-1.85B	-1.42B

Greenpanel Industries Ltd Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 307.35
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GREENPANEL, the sentiment is Neutral. The current price of 307.35 is above the 20-day moving average (MA) of 299.31, above the 50-day MA of 288.65, and above the 200-day MA of 279.95, indicating a neutral trend. The MACD of 2.55 indicates Positive momentum. The RSI at 49.26 is Neutral, neither overbought nor oversold. The STOCH value of 37.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:GREENPANEL.

Greenpanel Industries Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WSTCSTPAPR	―	₹30.11B	11.96	―	1.09%	-4.98%	-55.08%
KUANTUM	―	₹9.41B	10.63	―	2.79%	-11.03%	-43.24%
PDMJEPAPER	―	₹11.23B	10.76	―	0.52%	-0.51%	-8.77%
Sector *	―	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
GREENPANEL	―	₹36.25B	166.45	―	0.10%	-9.51%	-82.03%
SESHAPAPER	―	₹15.88B	17.31	―	0.98%	-9.17%	-57.37%
TNPL	―	₹10.56B	310.83	―	1.92%	4.65%	-127.24%

Greenpanel Industries Ltd Corporate Events

Greenpanel Industries Announces Trading Window Closure

Greenpanel Industries Limited has announced the closure of its trading window in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015. This closure will be in effect from October 1, 2025, until 48 hours after the announcement of the company’s unaudited financial results for the quarter ending September 30, 2025. The decision is part of the company’s efforts to regulate and monitor securities trading, ensuring compliance with insider trading laws and maintaining market integrity.

Greenpanel Industries Ltd Reports Mixed Q1 FY ’26 Results Amid Market Challenges

Greenpanel Industries Ltd reported a mixed performance in its Q1 FY ’26 earnings call. While domestic MDF volumes grew sequentially, there was a year-on-year decline due to regulatory changes and increased market competition. Export volumes also saw a significant drop, attributed to geopolitical disruptions. The company is optimistic about future growth, particularly in plywood sales, as it continues to align its strategies with market demands.