Greenpanel Industries Ltd

Greenpanel Industries Ltd

Next 500 2024
+ 3 More
+ 3 More
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

Featured In Fortune India Ranking

Next 500 India
#305(2024)#194(2023)#272(2022)#304(2021)
#305(2024)#194(2023)#272(2022)#304(2021)
Ranking Trend Fortune Next 500 India

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
PARAMETERS2024202320222021202020192018
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)
1219173748250
Cash & Bank Balance
(INR Cr)
1403782237212200
Total Debt
(INR Cr)
2962283164475615870

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192018
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 0.220.190.330.610.850.93-
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%