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Established in 1990,Greenply Industries Limited is amongst the leading plywood manufacturers in India with a 26% share of the organized market. Greenply offers a wide range of panel products including plywood, block boards, decorative veneers, doors, and film-faced plywood, among others.
Greenply informed shareholders about the Annual Report for FY25-26 and the Notice for the 36th Annual General Meeting. Documents are accessible via the company's website. The AGM is set for August 25 at 11:00 a.m. via Video Conferencing.
Greenply submitted its FY26 Business Responsibility and Sustainability Report, showing a significant shift to renewable energy and Zero Liquid Discharge. Customer complaints saw a notable increase, but most were resolved. The company maintains strong ESG commitment and CSR initiatives.
Greenply reported Q1 FY27 consolidated revenue of Rs 724.9 Cr, up 20.7% YoY, with Core EBITDA up 27.1% to Rs 78.3 Cr. Plywood volume grew 13.8%, MDF volume 24.7%. JV faced Rs 5.7 Cr PAT loss. Management affirmed full-year guidance.
Greenply's Board approved a corporate guarantee of up to 130 Cr for its subsidiary, Greenply Speciality Panels, to secure credit for MDF plant expansion. This supports subsidiary growth without direct impact on Greenply's consolidated financials.
Greenply has cancelled the upcoming plant visit for investors and analysts to its Sandila subsidiary, citing unavoidable circumstances. No new date announced.