Latest stock research reports with share price targets forecast, buy, hold, and sell recommendations along with upside. Search by company or broker name.
Company operate in the decorative wall panel and decorative laminates industry as a seller and marketer of Decorative Wall Panels and Decorative Laminates. According to the Technopak Report, company is one of India's leading Decorative Wall Panel brands and have established itself as one of the largest organized Wall Panel brands with a market share of 15.87% by revenue in the organized Decorative Wall Panels industry and company's...
Euro Pratik Sales, is India’s leading Company in the decorative wall panel and laminates industry, offering diverse range of products spanned across leading recognizable brands.
Euro Pratik Sales Ltd (EPSL) operates in decorative wall panel and decorative laminates industry. The company is one of India's largest organized Wall Panel brands with market share of ~10% based on revenue as of FY24 and 15.9% as...
We attended the analyst meet of Greenlam Industries (GRLM) to gain comprehensive insights into the woodpanel segment and its demand-supply dynamics. The company has recently completed greenfield and brownfield expansions in laminates, plywood, and chipboards. The management expects...
Backed by its domestic business up 22.2% y/y, Greenlam’s Q1 revenue was up 11.4% y/y to Rs6.7bn. On lower input costs the gross margin expanded 102bps y/y to 53%.
Greenlam’s Q3 revenue stepped up 7% y/y to Rs6bn. Stable input costs led to a slight, 20bps y/y, better gross margin to 55%. Front-loading of certain costs w.r.t the particle board plant pushed EBITDA down 11% y/y to Rs635m.
Greenlam’s Q2 revenue climbed 12.8% y/y to Rs6.8bn. The 52% gross margin was broadly the same. EBITDA rose 7.7% y/y to Rs 814m, while PAT was significantly down 11.6% y/y to Rs 345m.
Consolidated revenues were in line with estimates, at Rs. 605 crore (up 17.4% y-o-y) aided by 13% y-o-y growth in laminates revenues (volume growth of 12% y-o-y) and contribution from plywood segment.
Issue Snapshot: Issue Open: June 21 June 25, 2024 Price Band: Rs. 351 369 *Issue Size: Up to Rs. 537.02 cr (Fresh issue of Rs.200.0 cr + Offer for sale of upto 9,133,454 eq sh) Reservation for: QIB upto 50% eq sh Non-Institutional atleast 15% eq sh ((including 1/3rd for applications between Rs.2 lakhs to Rs.10 lakhs)) Retail atleast 35% eq sh Face Value: Rs 2 Book value: Rs 45.97 (December 31, 2023) Bid size: - 40 equity shares and in multiples thereof 100% Book built Issue IPO Note-Stanley Lifestyles Limited
? We retain a Buy on Greenlam Industries Limited with a revised PT of Rs. 670, assigning a higher valuation multiple considering its strong earnings growth trajectory over FY2024-FY2026E.
Consol. revenue (organic) performance (-10% YoY) was dragged by a continued decline in its B2B businesses (led by price corrections). Positively, branded mattress volumes are growing well with accelerated growth in Sleepwell (+31% YoY) and Kurl on (+17% YoY) driven by launches and TVC campaigns.
