NSE: GREENPANEL | BSE: 542857

Mid-range Performer

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256.15 -2.95 (-1.14%)

40.01% Fall from 52W High

392.6K NSE+BSE Volume

NSE 03 Jun, 2025 3:31 PM (IST)

3,141.1

Market Cap

High in industry

0.9

Beta 1Year

Low volatility

Greenpanel Industries Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for GREENPANEL, BSE:542857 Greenpanel Industries Ltd.

Greenpanel Industries Ltd.

29 Jul 2023

256.15

-1.14%

Tough quarter, near-term headwinds to persist but valuations attractive

Buy: Greenpanel Industries Ltd.

Target

ICICI Securities Limited

Greenpanel Industries’ (GREENP) consol. revenue declined 16.8% YoY in Q1FY24 as MDF revenue fell 13.2% YoY while plywood revenue was down 36.5% YoY. Blended MDF vol. declined 7.4% YoY (4-year CAGR of 10.8%) with 10.2% YoY decline in domestic volume (4-year CAGR of 17.8%) due to temporary plant shutdown, while export volume grew 3.1% YoY.

Greenpanel Industries Ltd. is trading above its 50 day SMA of 239.3

Greenpanel Industries Ltd.

08 May 2023

256.15

-1.14%

Tepid quarter; structural outlook remains positive

Buy: Greenpanel Industries Ltd.

Target

ICICI Securities Limited

Greenpanel Industries (GREENP) has reported Q4FY23 blended MDF volume growth of 10.2% YoY (4-year CAGR of 20.4%) driven by 89.1% YoY growth in export volumes, while domestic volumes declined 7.4% YoY (+1.6% QoQ; 4-year CAGR of 19.5%) on high imports.

Greenpanel Industries Ltd. has lost -27.90% in the last 6 Months

Greenpanel Industries Ltd.

01 Feb 2023

256.15

-1.14%

Insipid quarter; valuations attractive

Buy: Greenpanel Industries Ltd.

Target

ICICI Securities Limited

In Q3FY23, Greenpanel Industries (GREENP) reported flat consolidated revenue YoY with MDF volumes declining 2.1% YoY (-6.3% QoQ) as domestic volumes fell 7.4% YoY (-6.7% QoQ) due to rise in imports. Consolidated operating margin declined 264bps YoY (-136bps QoQ) on lower margin in MDF/plywood segment resulting in EBITDA/PAT decline of 11.1%/20.9% YoY, respectively.

IDBI Capital decreased Hold price target of Greenpanel Industries Ltd. to 252.0 on 23 May, 2025.

Greenpanel Industries Ltd.

06 Dec 2022

256.15

-1.14%

Greenpanel Industries (BUY): Long runway before takeoff

Buy: Greenpanel Industries Ltd.

BOB Capital Markets Ltd.

Increase in MDF imports could pose a threat to domestic price realisation, if not curbed

IDBI Capital decreased Hold price target of Greenpanel Industries Ltd. to 252.0 on 23 May, 2025.

Greenpanel Industries Ltd.

09 Nov 2022

256.15

-1.14%

Greenpanel Industries (BUY): Domestic demand remains healthy

Buy: Greenpanel Industries Ltd.

BOB Capital Markets Ltd.

Q2 revenue increased 8% YoY to Rs 4.6bn led by 14% growth in MDF, though plywood business was down 17%

Greenpanel Industries Ltd. is trading below its 100 day SMA of 276.6

Greenpanel Industries Ltd.

09 Nov 2022

256.15

-1.14%

In-line quarter, valuations attractive

Buy: Greenpanel Industries Ltd.

Target

ICICI Securities Limited

Greenpanel Industries (GREENP) has reported Q2FY23 consolidated operating margin
decline of 170bps YoY to 24.7% due to margin decline of 100bps/630bps YoY in MDF/plywood segment on account of RM cost pressure.

Greenpanel Industries Ltd. is trading below its 100 day SMA of 276.6

Greenpanel Industries Ltd.

29 Sep 2022

256.15

-1.14%

GreenPanel Industries Ltd - Final Report

Buy: Greenpanel Industries Ltd.

Joindre Capital Services

Greenpanel Industries Ltd. is trading above its 50 day SMA of 239.3

Greenpanel Industries Ltd.

26 Sep 2022

256.15

-1.14%

Domestic demand remains healthy

Buy: Greenpanel Industries Ltd.

ICICI Securities Limited

Our positive stance on Greenpanel Industries (GREENP) stands bolstered post our
interactions with dealers and industry participants indicating MDF demand remains
healthy and continues to grow in double digits YoY (in the ongoing quarter too) despite a YoY strong base.