1. Is Greenpanel Industries Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Greenpanel Industries Ltd is a average quality company.
2. Is Greenpanel Industries Ltd undervalued or overvalued?
The key valuation ratios of Greenpanel Industries Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
3. Is Greenpanel Industries Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Greenpanel Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||-107.9%||8.5%||4.8%||8.2%||19.6%||-|
|Value Creation Index ⓘ||-9.0||-0.4||-0.7||-0.4||0.5||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||NA||46.4%||18.6%||59.3%||-|
|Adj EPS ⓘ||-0.5||0||2.2||6.2||19||22.9|
|YoY Gr. Rt. %||-||NA||NA||186.2%||206%||-|
|BVPS (₹) ⓘ||0.5||0||56.8||63.1||80.5||86.7|
|Adj Net Profit ⓘ||-0.1||36.8||26.6||76.1||233||281|
|Cash Flow from Ops. ⓘ||-0.1||27||101||211||360||-|
|Debt/CF from Ops. ⓘ||0||21.4||5.5||2.1||0.8||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||NA||NA||NA||206%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||-107.9||10.8||3.9||10.4||26.5||27.4|
|Op. Profit Mgn % ⓘ||0||14.2||16.2||20.1||25.9||27|
|Net Profit Mgn % ⓘ||0||6.3||3.1||7.5||14.3||15.8|
|Debt to Equity ⓘ||0||0.9||0.8||0.6||0.3||-|
|Working Cap Days ⓘ||0||86||127||109||63||0|
|Cash Conv. Cycle ⓘ||0||26||32||21||5||0|
Return on Equity has increased versus last 3 years average to 27.40%
Sales growth is growing at healthy rate in last 3 years 40.37%
Debt to equity has declined versus last 3 years average to 0.29
Sales growth is good in last 4 quarters at 48.40%
Net Profit has been subdued in last 3 years 0.00%
|TTM EPS (₹)||22.9||23.5|
|TTM Sales (₹ Cr.)||1,780||1,781|
|BVPS (₹.) ⓘ||86.7||83.9|
|Reserves (₹ Cr.) ⓘ||1,051||1,017|
|From the Market|
|52 Week Low / High (₹)||301.05 / 625.00|
|All Time Low / High (₹)||23.80 / 625.00|
|Market Cap (₹ Cr.)||5,252|
|Equity (₹ Cr.)||12.3|
|Face Value (₹)||1|
|Industry PE ⓘ||28.5|
Greenpanel is India’s largest manufacturer of wood panels. Its state-of-the-art manufacturing plants in Uttarakhand and Andhra Pradesh produce Medium Density Fibre Boards (MDF), Plywood, Block Boards, Veneers, Wood Floors and Doors. It is a leader within the vast market of India in the manufacture of wood panels. The Company’s principal product is MDF. The Company is a market leader in this segment.
The Company was the erstwhile MDF division of Greenply Industries. The Company was de-merged on April 1, 2018 into an independent company that focuses largely on the manufacture, distribution and marketing of MDF. The Company was listed (following a demerger) on the NSE and BSE on October 23, 2019.
Business area of the company
The Company is primarily involved in manufacturing of plywood, medium density fibre boards (MDF) and allied products. The Company has an overseas wholly owned subsidiary company namely Greenpanel Singapore Pte. Limited, incorporated in Singapore, is engaged into trading of Medium Density Fibreboards and allied products.
Medium Density Fibreboard: Engineered wood manufactured with hardwood fibres, bonded together under high pressure and temperature (up to 240 degrees Celsius) with synthetic resin and wax. Greenpanel’s MDF is respected for a high uniform density, making it strong, durable and eco-friendly.
Greenpanel wood floors: Customised around Indian conditions. Protects against dust, scratches and extreme climatic changes.
Greenpanel plywood: Customised around a range of applications. Manufactured on new-age equipment. Strict adherence to quality control. Helped create new benchmarks in India’s organised plywood segment.
Greenpanel veneers: Offer an exclusive range of unique and exotic designs. Suitable for use in interiors (including high humidity applications).
Greenpanel doors: Possess high dimensional accuracy and stability (ideal for conditions of varying humidity). Customised and available with a decorative veneered surface in horizontal or vertical grains.