SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Greenply Industries forays into medium density fibreboards business

05 Aug 2021 Evaluate

Greenply Industries has forayed into medium density fibreboards (MDF) business. The company will set up a plant in Gujarat's Vadodara with capital expenditure of Rs 548 crore for the purpose. The greenfield facility is likely to commence operations in the last quarter of the 2022-23 fiscal.

The plant with an installed capacity of 800 cubic metre (CBM) per day will have a revenue potential of Rs 600-650 crore per annum at its peak utilization. The company has plans to produce all categories of MDF and other value-added products in a phased manner.

Greenply Industries is primarily involved in manufacturing of plywood and trading of plywood and allied products.

Greenply Industries Share Price

233.30 -1.15 (-0.49%)
20-Apr-2026 16:01 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×