Greenpanel Industries Ltd (GREENPANEL) AI Stock Analysis

• Market Cap: ₹31.71B
• Dividend Yield: 0.12%
• Average Volume (3M): 34.51K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.34
• Revenue Growth: -1.76%
• EPS Growth: -102.89%
• Country: IN
• Employees: 1,846
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): -0.50
• Shares Outstanding: 122,627,396
• 10 Day Avg. Volume: 6,591
• 30 Day Avg. Volume: 34,508
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: ₹254.00 ▼(-17.36% Downside)

Greenpanel Industries Ltd's overall stock score is primarily impacted by its mixed financial performance and bearish technical indicators. The company's declining revenues and negative free cash flow are significant concerns. Additionally, the stock's valuation metrics are unattractive, with a highly negative P/E ratio and minimal dividend yield. These factors contribute to a low overall stock score.

Positive Factors

Strong Balance Sheet

A strong balance sheet with low leverage enhances financial stability and provides flexibility for future investments and growth.

Eco-Friendly Product Focus

Focus on eco-friendly products aligns with growing consumer demand for sustainability, potentially boosting long-term market position.

Diverse Revenue Streams

A diversified product portfolio and revenue streams mitigate risk and ensure steady demand, supporting long-term financial health.

Negative Factors

Declining Revenue

Declining revenue growth indicates potential challenges in market demand or competitive positioning, impacting future profitability.

Negative Free Cash Flow

Negative free cash flow suggests difficulties in funding operations and investments, potentially limiting growth and financial resilience.

Profitability Challenges

Low net profit margins and fluctuating revenue can strain profitability, affecting the company's ability to reinvest and grow sustainably.

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: Negative
• Last Price: 307.35
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GREENPANEL, the sentiment is Negative. The current price of 307.35 is above the 20-day moving average (MA) of 276.93, above the 50-day MA of 289.97, and above the 200-day MA of 274.33, indicating a bearish trend. The MACD of -8.46 indicates Positive momentum. The RSI at 29.40 is Positive, neither overbought nor oversold. The STOCH value of 18.34 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:GREENPANEL.

Greenpanel Industries Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
PDMJEPAPER	61 Neutral	₹11.22B	10.74	―	0.59%	-5.63%	-27.65%
KUANTUM	60 Neutral	₹8.73B	13.44	―	3.04%	-9.47%	-54.96%
WSTCSTPAPR	60 Neutral	₹27.61B	15.33	―	1.20%	-1.59%	-60.74%
SESHAPAPER	59 Neutral	₹16.27B	19.05	―	1.03%	-9.17%	-57.37%
TNPL	55 Neutral	₹10.58B	-52.70	―	2.07%	4.65%	-127.24%
GREENPANEL	49 Neutral	₹31.71B	―	―	0.12%	-1.76%	-102.89%

Greenpanel Industries Ltd Corporate Events

Greenpanel Industries Releases Investor Call Recording on Financial Performance

Greenpanel Industries Ltd has released an audio recording of its recent investor and analyst conference call, which discussed the company’s unaudited financial results for the quarter and half-year ending September 30, 2025. This move reflects the company’s commitment to transparency and provides stakeholders with insights into its financial performance and strategic direction.

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.