|
03 Oct 2025 |
Greenlam Industries
|
Consensus Share Price Target
|
252.47 |
262.08 |
- |
3.81 |
buy
|
|
|
|
|
27 Oct 2016
|
Greenlam Industries
|
Karvy
|
252.47
|
|
715.05
(-64.69%)
|
Pre-Bonus/
Split |
|
|
|
Greenlam reported Q2FY17 net sales of Rs. 2454Mn having a growth of 4.4% QoQ and 6.7% YoY. Half year sales reportedat Rs. 4805 Mn in H1FY17, 7.5% higher than that of H1FY16.Operating expenses rose 5.5% QoQ and 8.3% YoY during Q2FY17 causing EBITDA margins to decline by 95bps QoQ and130bps YoY. EBIT margin stood at 8.1% during Q2FY17 as compared to 8.9% in Q1FY17 and 9.6% in Q2FY16.PAT reported at Rs. 90Mn lower by 0.2% QoQ and 2.7% YoY, substantiated due to reduction in finance costs.
|
|
15 Nov 2015
|
Greenlam Industries
|
Karvy
|
252.47
|
478.00
|
405.45
(-37.73%)
|
Target met |
Buy
|
|
|
Diversified product offerings & new variants to drive revenue growth: Indian laminates industry is worth Rs.42 Bn and Greenlam has a market share of 18% of organized laminates market. Indian Veneers industry size is worth Rs.8 Bn and Greenlam enjoys market share of 16% of organized veneers industry. There is a huge scope for Greenlam to gain market share over next two years with higher capacity utilization and penetration of new variants.
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