Archive · 2 Jun 2025
Greenpanel Industries Aims for ₹1,700 Crore Revenue in FY26
Greenpanel Industries, a company that makes wood products, wants to earn about ₹1,700 crore in the coming year.
They plan to make more MDF, a type of wood, to sell.
They'll make more wood in India and also sell more overseas.
A new factory is opening soon, which will help them make thinner wood that they didn't make before.
They earned ₹374 crore in a recent quarter and had some profit.
The new factory is supposed to be making about 7,000 cubic meters of wood each month.
This change is happening because of new rules and fewer imports.
Greenpanel Industries targets approximately ₹1,700 crore in revenue for FY26.
The company plans to increase domestic MDF volumes to around 480,000 cubic metres.
Export volumes are projected to rise to 84,000 cubic metres.
The new MDF plant in Andhra Pradesh is expected to be fully operational by mid-June.
The company's stock has declined by 15% over the last year.
- Who
- Greenpanel Industries, a Gurugram-based manufacturer of plywood and MDF.
- What
- Greenpanel Industries is targeting a revenue of ₹1,700 crore for FY26 and expanding MDF production.
- When
- The target revenue is for FY26, with Q4FY25 results already reported.
- Where
- Gurugram, India, with a new plant in Andhra Pradesh.
- Why
- To expand business and increase market share, especially after experiencing a decline in volumes during Q4FY25.
- Target Revenue FY26
- ₹1,700 crore
- Q4FY25 Revenue
- ₹374 crore
- Q4FY25 Margins
- 12.8%
- Q4FY25 Profit After Tax
- ₹29 crore
- Domestic MDF Volume (Last Year)
- 367,000 cubic metres
- Target Domestic MDF Volume
- 480,000 cubic metres
- Export MDF Volume
- 71,000 to 84,000 cubic metres
- Market Capitalisation
- ₹3,142 crore