Greenpanel Industries Limited — Investor Meet, 12-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Greenpanel Industries announced Q2FY26 financial results, showing a strong turnaround. Revenue hit ₹389.4 Cr (+17.1% YoY), with operating EBITDA at ₹39.7 Cr (10.2% margin), excluding FX. Domestic MDF volumes surged 30.5% YoY.

Management highlighted new product launches and cost optimization, cutting operating expenses by 5.5%. Despite a ₹12.5 Cr FX loss, net debt dropped ₹60 Cr to ₹173 Cr. Imports are minimal due to BIS norms.

Outlook: High teens domestic MDF volume growth for FY26, with high single-digit to early double-digit operating EBITDA margins. Focus remains on volume, market share, and efficiency, not immediate price hikes. Management is confident in driving profitability through operational excellence.