Greenpanel Industries Ltd
Next 500 2024
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OVERVIEW
FINANCIALS
About
Greenpanel Industries Limited is India's largest manufacturer of wood panels, offering products like medium-density fibreboard (MDF), plywood, and decorative veneers. The company operates state-of-the-art manufacturing facilities and emphasizes sustainability by sourcing wood from agroforestry plantations. Greenpanel's products cater to both domestic and international markets, serving the furniture, construction, and interior design industries.
Incorporation Year: 2017
Headquarters: Kolkata, West Bengal, India
Top Management: Shobhan Mittal (Managing Director and CEO)
Industry: Home interiors
Website: greenpanel.com
Featured In Fortune India Ranking
Next 500 India
#305(2024)#194(2023)#272(2022)#304(2021)
#305(2024)#194(2023)#272(2022)#304(2021)
Financial Data 2024
Revenue
1,615
(INR Cr)
Net Operating Income
1,567
(INR Cr)
Assets
1,622
(INR Cr)
Profit
143
(INR Cr)
Net Worth
1,317
(INR Cr)
Financial Data
RevenueNet Operating IncomeProfitAssetsNet Worth
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 1615 -11.2% | 1819 11.2% | 1635 63.7% | 999 12.8% | 886 35.5% | 654 - | 0 - |
| Net Operating Income (INR Cr) | 1567 -12.09% | 1783 9.71% | 1625 59.20% | 1021 16.45% | 877 46.31% | 599 0.00% | 0 0.00% |
| Profit (INR Cr) | 143 -44.4% | 257 6.7% | 240 249.5% | 69 375.9% | 14 -58.2% | 35 - | 0 - |
| Assets (INR Cr) | 1622 12.7% | 1439 11.8% | 1287 3.8% | 1240 -3.7% | 1287 -0.8% | 1298 - | 0 - |
| Net Worth (INR Cr) | 1317 10.3% | 1194 25.5% | 952 30.3% | 730 10.4% | 662 4.5% | 633 - | 0 0.0% |
| Employee Cost (INR Cr) | 141 0.7% | 140 8.8% | 128 31.2% | 98 -1.0% | 99 22.5% | 81 - | 0 - |
| Interest Cost (INR Cr) | 12 | 19 | 17 | 37 | 48 | 25 | 0 |
| Cash & Bank Balance (INR Cr) | 140 | 378 | 223 | 72 | 12 | 20 | 0 |
| Total Debt (INR Cr) | 296 | 228 | 316 | 447 | 561 | 587 | 0 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 8.8% | 14.1% | 14.7% | 6.9% | 1.6% | 5.3% | - |
| Profit As % Of Assets | 8.8% | 17.8% | 18.7% | 5.6% | 1.1% | 2.7% | - |
| Profit As % Of Networth | 10.8% | 21.5% | 25.3% | 9.4% | 2.2% | 5.5% | - |
| Interest Cost to EBITDA % | 5.0% | 4.6% | 4.0% | 18.3% | 38.0% | 31.9% | - |
| Debt to Equity Ratio | 0.22 | 0.19 | 0.33 | 0.61 | 0.85 | 0.93 | - |
| RONW | 11.4% | 23.9% | 28.6% | 9.9% | 3.6% | 10.9% | - |
| ROCE | 12.8% | 27.2% | 29.0% | 10.9% | 5.5% | 5.7% | 0.0% |