NSE: GREENLAM | BSE: 538979

Mid-range Performer

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235.55 -4.85 (-2.02%)

13,080 NSE+BSE Volume

High vol. this week

NSE 10 Dec, 2025 3:31 PM (IST)

6,010

Market Cap

High in industry

Beta 1Year

Average volatility

Greenlam Industries Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for GREENLAM, BSE:538979 Greenlam Industries Ltd.

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Greenlam Industries Ltd.

12 Nov 2025

235.55

-2.02%

Greenlam Industries Ltd.

Buy: Greenlam Industries Ltd.

ICICI Direct

Capex completion expands addressable market; sets the stage for strong medium-term growth trajectory: The company has completed greenfield expansion for plywood and chipboard categories along with brownfield expansion for the laminate, incurring total ~1,450 crore capex over the last three years, apart from recently announced 2 Mn MSM addition (~70 crore capex) in Laminates by FY27 end. This has expanded its addressable market (largely plywood led) to ~ 49,000 crore vs. 11,000 crore in FY22. It expects the overall revenues to reach 4,500 crore...

Greenlam Industries .. has an average target of 311.50 from 4 brokers.

Greenlam Industries Ltd.

14 Aug 2025

235.55

-2.02%

Greenlam Industries (GRLM IN) Analyst Meet Update Expanding...

Not Rated: Greenlam Industries Ltd.

Prabhudas Lilladhar

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...

Greenlam Industries .. has an average target of 311.50 from 4 brokers.

Greenlam Industries Ltd.

12 Aug 2025

235.55

-2.02%

Chipboards hit Q1, growth/margin tailwinds ahead, upgrading to a Buy

Buy: Greenlam Industries Ltd.

Anand Rathi

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 Industries Ltd. average weekly volume is high.

Greenlam Industries Ltd.

05 Feb 2025

235.55

-2.02%

Poor show, FY25 guidance lowered, optimistic for FY26, retaining a Buy

Buy: Greenlam Industries Ltd.

Target

Anand Rathi

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 Industries Ltd. average weekly volume is high.

Greenlam Industries Ltd.

03 Feb 2025

235.55

-2.02%

Greenlam Industries (SELL): Dismal Q3; D/G to SELL on weak earnings and rich valuations

Sell: Greenlam Industries Ltd.

Recommendation Target

BOB Capital Markets Ltd.

Dismal Q3 on weak performance of laminates segment and slow ramp-up of plywood segment

Greenlam Industries Ltd. is trading below all available SMAs

Greenlam Industries Ltd.

10 Nov 2024, 12:00AM

235.55

-2.02%

Good performance, eyes on plywood, particle boards; retaining a Buy

Buy: Greenlam Industries Ltd.

Anand Rathi

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.

Greenlam Industries Ltd. average weekly volume is high.

Greenlam Industries Ltd.

30 Oct 2024

235.55

-2.02%

Greenlam Industries (HOLD): Weak quarter; quick ramp up of new projects a key monitorable

Hold: Greenlam Industries Ltd.

Target

BOB Capital Markets Ltd.

Weak Q2 on lower-than-expected laminate volume and slow ramp-up of plywood segment

Greenlam Industries .. has an average target of 311.50 from 4 brokers.

Greenlam Industries Ltd.

29 Oct 2024

235.55

-2.02%

Healthy performance; Growth trajectory intact

Buy: Greenlam Industries Ltd.

Sharekhan

We retain a Buy on Greenlam Industries Limited with an unchanged PT of Rs. 670, considering its strong earnings growth trajectory over FY2024-FY2026E.

Greenlam Industries Ltd. average weekly volume is high.

Greenlam Industries Ltd.

24 Jul 2024

235.55

-2.02%

Mixed bag Q1; Growth trajectory intact

Buy: Greenlam Industries Ltd.

Sharekhan

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.

Greenlam Industries .. has an average target of 311.50 from 4 brokers.

Greenlam Industries Ltd.

29 May 2024

235.55

-2.02%

Good Q4 in sluggish times; Retain Buy

Buy: Greenlam Industries Ltd.

Target

Sharekhan

? 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.

Greenlam Industries .. has an average target of 311.50 from 4 brokers.

Is Greenlam Industries Ltd. worth buying?

56 Votes:

Buy 69.64%

Sell 16.07%

Hold 14.29%

RESEARCH REPORTS

Buy SEE REPORTS >

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Not Rated SEE REPORTS >

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