Greenply Industries Ltd
About
Greenply Industries is an interior infrastructure company headquartered in Kolkata. Its vision is to be a leader in the wooden decor industry through innovation and sustainability. Greenply offers plywood, blockboards, doors, veneers, polyvinyl chloride (PVC), and laminates. Its zero-emission range has 0 formaldehyde emissions, thus protecting consumers against its harmful effects. Greenply also offers a fire-resistant plywood that can delay the spread of fire by 90 minutes, making it twice as fire-resistant as standard plywood. The company has a plywood production capacity of 48.4 million sq. m. per annum through its factories in Delhi, Ghaziabad, Indore, and Lucknow. Greenply Industries can be found in 1100 Indian cities, towns, and villages over 27 states and 6 union territories. The company is committed to improving healthcare and environmental stability and has planted more than 50 million trees since its inception.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 2280 32.7% | 1719 7.7% | 1596 35.6% | 1177 -17.4% | 1426 -2.2% | 1457 42.6% | 1022 -40.3% | 1712 4.2% | 1642 3.2% | 1592 -29.3% | 2250 8.2% | 2079 19.7% | 1737 35.3% | 1284 30.9% | 981 14.7% | 856 - |
| Net Operating Income (INR Cr) | 2180 31.07% | 1663 6.42% | 1563 34.11% | 1165 -17.96% | 1420 0.59% | 1412 54.80% | 912 -45.31% | 1668 1.33% | 1646 5.07% | 1567 -29.33% | 2217 8.28% | 2047 19.87% | 1708 35.49% | 1261 31.37% | 960 15.16% | 833 31.18% |
| Profit (INR Cr) | 70 -23.5% | 91 -3.5% | 95 55.5% | 61 28.9% | 47 -40.7% | 80 -28.0% | 111 -11.8% | 125 -2.2% | 128 3.3% | 124 5.7% | 118 -1.8% | 120 111.0% | 57 141.6% | 23 -42.3% | 41 14.2% | 36 - |
| Assets (INR Cr) | 1267 -5.8% | 1346 57.7% | 853 32.3% | 645 -2.6% | 662 10.3% | 600 -64.6% | 1696 33.7% | 1269 38.9% | 913 8.5% | 842 -38.1% | 1360 14.8% | 1185 8.9% | 1088 14.4% | 951 35.4% | 703 58.6% | 443 - |
| Net Worth (INR Cr) | 709 10.2% | 644 19.6% | 538 23.2% | 437 15.6% | 378 12.7% | 335 -61.8% | 878 13.6% | 773 25.8% | 614 26.3% | 486 -16.7% | 584 23.2% | 474 30.8% | 363 16.6% | 311 19.0% | 261 46.3% | 179 21.2% |
| Employee Cost (INR Cr) | 279 28.3% | 217 12.5% | 193 29.3% | 149 -8.3% | 163 7.6% | 151 29.1% | 117 -33.8% | 177 5.9% | 167 15.4% | 145 -34.4% | 221 21.6% | 182 25.1% | 145 23.8% | 117 42.0% | 83 30.1% | 64 - |
| Interest Cost (INR Cr) | 43 | 9 | 12 | 17 | 21 | 19 | 8 | 19 | 31 | 38 | 64 | 66 | 65 | 48 | 27 | 23 |
| Cash & Bank Balance (INR Cr) | 22 | 31 | 73 | 128 | 10 | 21 | 34 | 78 | 35 | 8 | 13 | 18 | 16 | 15 | 21 | 17 |
| Total Debt (INR Cr) | 549 | 695 | 309 | 203 | 279 | 250 | 712 | 446 | 270 | 332 | 748 | 686 | 706 | 625 | 441 | 264 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 3.1% | 5.3% | 5.9% | 5.2% | 3.3% | 5.5% | 10.8% | 7.3% | 7.8% | 7.8% | 5.2% | 5.8% | 3.3% | 1.8% | 4.2% | 4.2% |
| Profit As % Of Assets | 5.5% | 6.8% | 11.1% | 9.4% | 7.1% | 13.3% | 6.5% | 9.9% | 14.0% | 14.8% | 8.6% | 10.1% | 5.2% | 2.5% | 5.8% | 8.0% |
| Profit As % Of Networth | 9.9% | 14.2% | 17.6% | 14.0% | 12.5% | 23.8% | 12.6% | 16.2% | 20.9% | 25.5% | 20.1% | 25.2% | 15.6% | 7.6% | 15.6% | 20.0% |
| Interest Cost to EBITDA % | 25.5% | 7.6% | 7.9% | 14.6% | 19.8% | 12.9% | 13.1% | 7.7% | 13.0% | 18.3% | 23.9% | 24.4% | 37.1% | 42.0% | 35.4% | 30.3% |
| Debt to Equity Ratio | 0.77 | 1.08 | 0.58 | 0.46 | 0.74 | 0.75 | 0.81 | 0.58 | 0.44 | 0.68 | 1.28 | 1.45 | 1.95 | 2.01 | 1.69 | 1.48 |
| RONW | 10.3% | 15.5% | 19.4% | 15.0% | 22.9% | 13.1% | 13.4% | 18.1% | 23.3% | 21.1% | 22.2% | 28.6% | 16.8% | 8.2% | 18.5% | 21.9% |
| ROCE | 11.0% | 10.9% | 18.3% | 15.0% | 20.9% | 11.3% | 8.9% | 18.4% | 22.9% | 15.0% | 17.1% | 19.7% | 13.1% | 9.4% | 13.2% | 17.2% |