Greenply Industries Limited — Investor Meet, 04-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Greenply reported strong Q4 FY26 results, with consolidated revenue up nearly 20% YoY to INR 776.2 Cr and Core EBITDA margin at 12%. Full-year revenue grew over 10% to INR 2,739 Cr. Management considers Q4 margins sustainable, citing operating leverage from robust volumes and April price hikes (MDF 15%, Plywood 4-5%) covering higher raw material costs. All prior international one-off liabilities are now fully provisioned.

For FY27, Greenply targets 10% plywood and significant MDF volume growth, planning ~INR 480-500 Cr capex for new facilities. Debt-to-equity may briefly peak but is expected to normalize. The company anticipates market share expansion, leveraging challenges faced by unorganized competitors.