NSE: GREENPLY | BSE: 526797

Strong Performer, Getting Expensive

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313.50 0.50 (0.16%)

77.70% Gain from 52W Low

86,714 NSE+BSE Volume

NSE 13 Oct, 2026 3:31 PM (IST)

3,915.7

Market Cap

High in industry

Beta 1Year

Very High Volatility

Greenply Industries Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for GREENPLY, BSE:526797 Greenply Industries Ltd.

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Greenply Industries Ltd.

27 Jul 2026

313.50

0.16%

Greenply Industries

Buy: Greenply Industries Ltd.

Target

ICICI Direct

Q1FY27 performance: The Greenply's consolidated topline for Q1FY27 stood at 724.9 crore, up 20.7% YoY. MDF revenues stood at 195.7 crore, up 32.9% YoY with volumes of 7,805 CBM up 24.7% YoY, and realization up 5.6% YoY. The plywood volumes were up 12.8% YoY to 19.4 MSM with revenues at 531.1 crore, up 17.03% YoY. Consolidated EBITDA grew 27.1% YoY to 78.3 crore, with margins expanding 55 bps to 10.8%, driven by margin improvement in Plywood (+45 bps to 8.4%) with MDF margins largely stable at 17.3%. Despite being affected by the share of loss from equity accounted investees of 5.7 crore specifically from...

Greenply Industries .. has an average target of 340.80 from 5 brokers.

Greenply Industries Ltd.

27 Jul 2026

313.50

0.16%

Result Update:Greenply Industr

Buy: Greenply Industries Ltd.

Target

Axis Direct

Our estimates are mostly in line with the company's guidance on double-digit growth for the MDF and Plywood segments. We continue to value the stock at a 22x FY28E to arrive at a TP of Rs 355/share and maintain our BUY rating on the stock, implying an upside of 19% from CMP.

Greenply Industries .. has an average target of 340.80 from 5 brokers.

Greenply Industries Ltd.

27 Jul 2026

313.50

0.16%

Greenply Industries: Q1FY27 Result Review

Buy: Greenply Industries Ltd.

Target

IDBI Capital

Revenue grew 21% YoY to Rs7.2bn, driven by robust volume growth across segments and strategic price hikes that improved NSR. EBITDA increased 27% YoY to Rs783mn, while EBITDA margin expanded 55bps YoY to 10.8%. PAT surged by 57% YoY to Rs376mn. Net debt increased by Rs720mn QoQ to Rs5.3bn. Management has outlined a capex of Rs 5bn for FY27, with D/E expected to peak at 0.7x-0.75x during FY27. We value revise upwards our FY27/FY28 EPS estimates by 12%/9% the stock at PER...

Greenply Industries .. has an average target of 340.80 from 5 brokers.

Greenply Industries Ltd.

25 Jul 2026

313.50

0.16%

Strong beginning to FY27 with robust outlook; maintain BUY

Buy: Greenply Industries Ltd.

Target

Anand Rathi

Greenply Industries (MTLM) delivered a higher-than-estimated operating performance in Q1FY27, with EBITDA exceeding our estimate by 6%, aided by 13.5% y/y growth in plywood volume vs. our estimate of 11.6%; 24.7% y/y growth in MDF volume.

Greenply Industries Ltd. is trading above all available SMAs

Greenply Industries Ltd.

04 May 2026

313.50

0.16%

Result Update:Greenply Industr

Buy: Greenply Industries Ltd.

Target

Axis Direct

We continue to value the stock at a 22x FY28E to arrive at a TP of Rs 340/share and maintain our BUY rating on the stock, implying an upside of 29% from CMP.

Greenply Industries has gained 45.13% in the last 6 Months

Greenply Industries Ltd.

04 May 2026

313.50

0.16%

Greenply Industries

Buy: Greenply Industries Ltd.

Target

ICICI Direct

It has MDF boards manufacturing at Vadodara, Gujarat of 1000 CBM/day. It is adding capacity in plywood segment and MDF segment which will take total capacity to 66.3 Mn Sqm/annum and 1700 CBM/day, respectively. Q4FY26 Performance: The consolidated topline for Q4FY25 stood at 776.2 crore, up 19.6% YoY. MDF revenues stood at 189.2 crore, up 39.6% YoY with sales volumes of 62,021 CBM up 45.3% YoY, and realization of 30,508 per CBM, down 3.9% YoY. The plywood volumes were up 15.6% YoY to 22.8 MSM with revenues at 588.5 crore, up 14.6% YoY. On the profitability front, consolidated EBITDA grew...

Greenply Industries .. has an average target of 340.80 from 5 brokers.

Greenply Industries Ltd.

04 May 2026

313.50

0.16%

Greenply Industries (HOLD): Volume-led growth; margins expand on operating leverage

Hold: Greenply Industries Ltd.

Recommendation Target

BOB Capital Markets Ltd.

Topline beat by ~16%, with EBITDA/APAT ahead by ~81%/~230% on strong volume-led growth and operating leverage

Greenply Industries has gained 45.13% in the last 6 Months

Greenply Industries Ltd.

04 May 2026

313.50

0.16%

Greenply Industries: Q4FY26 Result Review

Buy: Greenply Industries Ltd.

Target

IDBI Capital

Greenply's Q4FY26 performance exceeded our expectations. Revenue grew 20% YoY to Rs7.8bn, driven by robust volume growth across segments, supported by market share gain from unorganized players. EBITDA rose 37% YoY to Rs932mn, with EBITDA margin expanding 152bps YoY to 12%, aided by operating leverage and calibrated price hikes that offset elevated input costs. Adj. PAT (excluding GMEL impairment of Rs 152Mn) surged by 178% YoY to Rs462mn. Net debt decreased by Rs670mn QoQ to Rs4.6bn. Management has outlined a capex plan of Rs4.8bn (MDF Facility: Rs3bn, Plywood Capacity: Rs1.3bn and technological...