Greenpanel Industries share price today

Greenpanel Industries Ltd's share price was ₹135.32 at the close on 4 November 2026. It has been falling for 49 weeks. That is 29.0% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹131 and ₹285, and at that close it sat 2% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Greenpanel Industries Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 15 weeks running.

Over the last 7 years the share price moved +289% while the NIFTY 500 moved +125%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 24 July 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

1 points in one quarter.

2. Operating margin up 13.4 points on a year earlier

   8.5% in the June 2026 quarter, from -4.8%.

   Why: Margins rose because the company raised prices in time, paid less for timber, and ran production more efficiently.

   Next results: check whether higher MDF volumes and fuller use of the factory keep the margin up.

   From the earnings call on 11 Aug 2026.

3. Promoters raised their stake by 1.1 points in one quarter

   From 53.3% to 54.3% in the September 2026 quarter.

For April to June 2026 (the quarter ended 30 June 2026), Greenpanel Industries reported revenue of ₹350 crore, up 6.6% from ₹328 crore a year earlier, and a profit of ₹1.23 crore, against a loss of ₹34.6 crore a year earlier.

Greenpanel Industries results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Greenpanel Industries' management discussed these results on a call held on 11 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Greenpanel Industries closed at ₹135.32 on 4 November 2026, down 52.6% from ₹285.25 a year earlier (7 November 2025) and down 66.1% over five years. Its highest weekly close since October 2019 was ₹605.35 on 29 April 2022.

Greenpanel Industries share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

373 weekly closes from 27 October 2019 to 4 November 2026.

4 Nov 2026: Greenpanel Industries closed at ₹135.32, up 2.3% on the week and down 14.7% on the month. 11 Aug 2026: Greenpanel Industries held its results call for April to June 2026. Management guided: Domestic MDF volumes to ramp over the remaining nine months, aiming for improved full-year relative market share.

Earlier

• 31 Jul 2026: ex-date for a dividend of ₹0.50 a share.
• Results for April to June 2026: Revenue up 6.6% on a year earlier.

Greenpanel Industries paid ₹0.50 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.37% at the ₹135.32 close on 4 November 2026. The last was a dividend of ₹0.50 a share, ex-date 31 July 2026.

Greenpanel Industries dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Not in its latest year. Greenpanel Industries Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 4 of its last 9 reported years, so there is a history but no current dividend.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 11 August 2026, Greenpanel Industries' management guided: Domestic MDF volumes to ramp over the remaining nine months, aiming for improved full-year relative market share.

“The idea is that we will maintain our market share or try to take away market share.Shobhan Mittal, on the call for April to June 2026

What management guided

• Export flows to gradually improve once Middle East conditions normalize.
• OEM demand expected to return this quarter as prices become import-competitive and supply agreements are restored.
• Double-digit MDF margins described as achievable through higher volume and capacity utilization.
• Another price hike may be considered if chemical costs rise further; margin maintenance remains the objective.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 11 August 2026.

When Greenpanel Industries reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: OEM supply agreements and domestic volumes to recover after peer-parity pricing - check whether market-share losses stop.

Greenpanel Industries is on one of our India lists: 52 week high & low.

Greenpanel Industries Ltd earned ₹1.2 Cr of net profit in the Jun 2026 quarter. The full FY26 year was a loss of ₹29.0 Cr. That is 0.4% of the quarter's revenue. The same quarter a year earlier lost ₹34.6 Cr. 2 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was −₹29.0 Cr (−140.3% on the year before).

On average over the last four quarters, profit changed −69.3% and revenue +11.6%. Profit is growing slower than sales: rising costs are taking part of the growth.

Greenpanel Industries Ltd reported ₹350 Cr of revenue in the Jun 2026 quarter, +6.6% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. The last full year, FY26, came in at ₹1,539 Cr. The last four reported quarters add to ₹1,561 Cr.

Revenue is everything the company billed its customers in the period.

A growth rate over several years is not shown, because there are too few years of figures to work one out properly.

FY26 revenue was ₹1,539 Cr, +7.2% on the year before.

Is growth speeding up? Revenue over the last 12 months grew +11.6%, against +0.5% a year over the last 8 quarters (accelerating); profit over the last 12 months grew −69.1%, against −75.7% a year (accelerating).

Greenpanel Industries Ltd's operating margin was 8.5% in the Jun 2026 quarter, 13.4 percentage points higher than the same quarter a year ago. Across 8 years it has been between 5.0% and 26.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +13.4 percentage points on the year while gross margin changed +4.9 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 126% of Greenpanel Industries Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹111 Cr of operating cash against −₹29.0 Cr of profit. After −₹24.0 Cr of spending on assets, ₹135 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 126% of profit came in as cash: the cash cycle got 12 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 2.8× depreciation over three years. The next section checks what that spending is building.

Greenpanel Industries Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 54 days in FY26, up from 42 days in FY21. It spent ₹699 Cr on assets over the last 3 years. Customers take 21 days to pay, and stock sits for 89 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹1,539 Cr, each day of that cycle ties up about ₹4.2 Cr, so roughly ₹228 Cr is tied up in the business at any time.

FY26: customers took 21 days to pay and stock sat for 89 days, about 2.9 months of sales sitting as stock, for a full cycle of 54 days, longer than FY21's 42.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 89 days. Customers pay about 21 days after that. Suppliers are paid at 55 days. Together that makes the 54-day cycle.

Spending on assets: ₹699 Cr over the last 3 years, against ₹251 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹20.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Greenpanel Industries Ltd's P/E is 247.1×, about the highest it has ever been. Its usual P/E (the middle reading) is 27.2×, over 6.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

Why the multiple is where it is: over the past year earnings per share moved −140.5% while the price moved −52.6%. The price did better than earnings, which pushed the multiple up within its own range.

Where the price move came from: over 5 years the price moved −19.5% a year; about +13.4% a year came from earnings growth and about −32.9 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.

Greenpanel Industries Ltd's business is turning around. Profit growth has swung from −103.1% at its low to −69.1%, improving for 2 quarters in a row, with ROCE steady at 2.1%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Greenpanel Industries Ltd earned a ROCE of 0% in FY26. Its return on capital used (ROIC) is 8.1 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −1.9% net margin and 0.75× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a −1.9% net margin × 0.75× asset turnover × 1.51× leverage (assets divided by equity) ≈ −2.2% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 3.9% − 12.0% = −8.1 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

The 3.9% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 0.9%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

Greenpanel Industries Ltd has total debt of ₹370 Cr against shareholder equity of ₹1,356 Cr as of Jun 2026, so its debt is 0.27× its equity, which is very little. Year by year, that ratio went from 0.33 in FY22 to 0.27 in FY26. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

Domestic institutions cut their stake in Greenpanel Industries Ltd by 2.2 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 25.5% of the company. Foreign institutions moved −1.7 points over the same period, to 1.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Domestic institutions: −2.2 points over 8 quarters, to 25.5%; Foreign institutions: −1.7 points over 8 quarters, to 1.0%; Promoters: +1.2 points over 8 quarters, to 54.3%.

Why the owners changed: domestic institutions drove it (−2.2 points), together with foreign institutions (−1.7 points). They reduced their stake.

For Greenpanel Industries Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

41.9 out of 100, rank 5 of 5 in Plywood Boards/Laminates, with 81% of the evidence available.

Greenpanel Industries Ltd scores 41.9 out of 100 against the 5 companies it is compared with in Plywood Boards/Laminates, ranking 5. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 19.8 + 7.1 + 13.5 + 1.5 = 41.9. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Greenpanel Industries ranks 5 of 5 Plywood Boards/Laminates companies on the 4-Factor Sector Score, with 41.9 out of 100.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Plywood Boards/Laminates, all 5 compared on one page.

Greenpanel Industries is the 5th largest of 5 Plywood Boards/Laminates companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Century Plyboards (India), Greenlam Industries, Stylam Industries and Greenply Industries. It is the smallest.

Plywood Boards/Laminates companies close in size

1. Century Plyboards (India) Ltd ₹14,117 crore
2. Greenlam Industries Ltd ₹5,283 crore
3. Stylam Industries Ltd ₹4,649 crore
4. Greenply Industries Ltd ₹3,531 crore
5. Greenpanel Industries Ltd ₹1,622 crore

All 5 Plywood Boards/Laminates companies, largest first

Companies close in size in other industries