Greenply Industries Limited — Investor Meet, 07-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Greenply's Q3 FY26 consolidated revenue rose 9.6% YoY to INR 673.4 Cr, with core EBITDA at INR 58.9 Cr (8.7% margin). Plywood volumes surged 12.5% YoY. MDF revenue grew 11.7% YoY, though margins moderated to 10.1% due to initial production hiccups; a rebound to 16%+ is expected in Q4. The board greenlit a new INR 425 Cr MDF line (700 CBM/day) for Q2 FY28, eyeing operational efficiencies. Key projects like the Odisha plywood facility and new HDF/PVC lines are progressing. Net debt stands at INR 528 Cr, with management confident in sustained double-digit growth and strategic investments driving long-term value.