NSE: GREENPLY | BSE: 526797

Strong Performer, Getting Expensive

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315.45 -0.90 (-0.28%)

28.70% Gain from 52W Low

24,565 NSE+BSE Volume

NSE 23 Sep, 2025 11:35 AM (IST)

3,939.4

Market Cap

Market Runner Up

1.2

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.

Greenply Industries Ltd.

27 Oct 2016

315.45

-0.28%

Greenply Industries

Hold: Greenply Industries Ltd.

Recommendation Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Greenply Industries' (GIL) topline grew 8.4% YoY to | 434.6 crore (our estimate: | 430.7 crore) led by 7.0% YoY growth in revenues of plywood division to | 308.0 crore (our estimate: | 302.8 crore) The EBITDA margin expanded 60 bps YoY to 14.8%. However, it was below our expectation of 15.5% due to lower-than-expected EBIT margin in the MDF division at 24.3% (vs. our expectation of 27.0%) Net profit grew 33.0% YoY to | 35.1 crore and was marginally below...

Greenply Industries Ltd. is trading above all available SMAs

Greenply Industries Ltd.

06 Aug 2016

315.45

-0.28%

Pick of the week - Greenply Industries Ltd

Buy: Greenply Industries Ltd.

HDFC Securities

BUY Greenply Industries Ltd at CMP Rs.253 and add on dips to Rs. 224- 230 for the Target of Rs. 285, 321

Greenply Industries Ltd. is trading above all available SMAs

Greenply Industries Ltd.

28 Jul 2016

315.45

-0.28%

Greenply Industries Ltd.- Result Update - 28 July 2016

Hold: Greenply Industries Ltd.

Way2Wealth

EBIT stood at `49.8crs in Q1FY17 recording a growth of 17.5% Y-O-Y, with margins expanding ~80bps on a Y-O-Y basis. Segmental EBIT followed suit with Plywood and MDF recording EBIT margins of 7.5% (+170bps) and 25.8 %(-100bps) respectively. Reported Profit after Tax grew by 26.4% Y-O-Y to `34.1crs in this quarter. PAT Margin too went up to 8.2% as opposed to 7.1% in this quarter last year. Profitability improved on...

Greenply Industries .. has an average target of 375.25 from 4 brokers.

Greenply Industries Ltd.

12 Jul 2016

315.45

-0.28%

Greenply Industries Ltd. - Initiating Coverage - 12 July 2016

Accumulate: Greenply Industries Ltd.

Way2Wealth

Way2Wealth Brokers Pvt. Ltd. (CIN U67120KA2000PTC027628) SEBI Rgn. No. : INH200002739 No. 14, Frontline Granduer, Walton Road, Bangalore-560001; Website: www.way2wealth.com Email: research@way2wealth.com...

Greenply Industries Ltd. is trading above all available SMAs

Greenply Industries Ltd.

28 Mar 2016

315.45

-0.28%

Greenply Industries: Numero uno player in MDF space...

Buy: Greenply Industries Ltd.

ICICI Securities Limited

Greenply Industries (GIL) is a leading plywood player (~26% market share) and a market leader in the MDF segment (30% market share) in the organised segment of the wood panel industry. With a strong pan-India presence, well entrenched distribution network, GIL is likely to ride the transition towards the organised space with expected roll-out of GST. Consequently, we expect topline/bottomline to grow at 11.5%/16.5% CAGR, respectively, in FY16-18E. Hence, we initiate coverage on GIL with a BUY recommendation and target price of | 225 (16x FY18E EPS).

Greenply Industries .. has an average target of 375.25 from 4 brokers.

Greenply Industries Ltd.

31 Oct 2015

315.45

-0.28%

Greenply Industries Ltd: Long-lasting Play (Oct 31, 2015)

Hold: Greenply Industries Ltd.

Karvy

Sustainable raw material linkage envisages long term visibility Consistent supply of quality raw materials is critical for long-term sustainability of plywood business. Greenply Industries Ltd. (GIL) planted over 3 Mn saplings in 2014-15 in order to ensure sustainable raw material availability through farm/ agro-forestry around all manufacturing units to reduce dependence on overseas timber and bring down logistical costs. GIL also entered into a joint venture with a Singapore based company to control and run the veneer manufacturing facility in Myanmar through joint venture.

Greenply Industries .. has an average target of 375.25 from 4 brokers.

Greenply Industries Ltd.

31 Jul 2015

315.45

-0.28%

Greenply Industries ltd.

Buy: Greenply Industries Ltd.

Ashika Research

Greenply Industries ltd (GIL) is a domestic interior infrastructure company, engaged in manufacturing and marketing of wide range of interior infrastructure products. The company provides both...