Greenply Industries share price today

Greenply Industries Ltd's share price was ₹260.25 at the close on 4 November 2026. It has been rising for 20 weeks. That is 7.8% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹190 and ₹317, and at that close it sat 56% 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 Greenply Industries Ltd is in stage 2. 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 1 week running.

Over the last 11 years the share price moved +66% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 30 October 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.

Three changes stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare), highest quarterly profit in 16 quarters and highest quarterly revenue in 16 quarters.

1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare)

   In the September 2026 quarter revenue was ₹800 crore, +16.1% on a year earlier.

   Why: Plywood sales brought in more money because the company sold more boards.

   From the earnings call on 30 Oct 2026.

2. Highest quarterly profit in 16 quarters

   Profit of ₹43 crore in the September 2026 quarter is the highest of the last 16 quarters.

   Why: Profit rose because lower energy costs and better plant efficiency helped.

   Next results: check whether the MDF core operating margin stays at 15 to 16 percent, as management expects.

   From the earnings call on 30 Oct 2026.

3. Highest quarterly revenue in 16 quarters

   Revenue of ₹800 crore in the September 2026 quarter is the highest of the last 16 quarters.

For July to September 2026 (the quarter ended 30 September 2026), Greenply Industries reported revenue of ₹800 crore, up 16.1% from ₹689 crore a year earlier, and a profit of ₹43.0 crore, up 168.8% from ₹16.0 crore.

Greenply Industries results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Greenply Industries' management discussed these results on a call held on 30 October 2026; what it said is further down this page.

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

Greenply Industries closed at ₹260.25 on 4 November 2026, down 10.0% from ₹289.30 a year earlier (7 November 2025) and up 7.6% over five years. Its highest weekly close since March 2016 was ₹402.55 on 23 August 2024.

Greenply Industries share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. 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.

563 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Greenply Industries closed at ₹260.25, down 8.1% on the week and down 14.3% on the month. 30 Oct 2026: Greenply Industries held its results call for July to September 2026. Management guided: Plywood FY27 volume growth above 10% despite capacity squeeze and premium prioritisation.

Earlier

• Results for July to September 2026: Revenue up 16.1% and profit up 168.8% on a year earlier.
• 4 Aug 2026: ex-date for a dividend of ₹0.50 a share.

Greenply Industries paid ₹0.50 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.19% at the ₹260.25 close on 4 November 2026. The last was a dividend of ₹0.50 a share, ex-date 4 August 2026.

Greenply 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. The record date is the same day as the ex-date for every payment here.

Yes. Greenply Industries Ltd paid out 7% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

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

On the call for July to September 2026, held on 30 October 2026, Greenply Industries' management guided: Plywood FY27 volume growth above 10% despite capacity squeeze and premium prioritisation.

“January 5 is the decided end date by which the entire dilution will happen, and thereafter there will be no drag.”Sanidhya Mittal, on the call for July to September 2026

What management guided

• Plywood core operating profit at 10% or more when quarterly revenue tops ₹600 crore, aiming for full-year 10%.
• MDF FY27 volume growth around 20% with H2 recovery via inventory and flooring ramp.
• MDF FY27 core operating margin 15-16% with operating profit above ₹5,000 per CBM.
• Sandila 15m sqm ₹125 crore January to March 2028 with ₹320-340 crore revenue potential taking total to 81.3m sqm; Odisha January to March 2027 and MDF July to September 2027 on track.

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 July to September 2026, 30 October 2026.

When Greenply Industries reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: Plywood quarterly revenue to stay above scale threshold with double-digit core margin intact via outsourcing-supported volumes next quarter.

Greenply Industries is on one of our India lists: Momentum stocks.

Greenply Industries Ltd earned ₹43.0 Cr of net profit in the Sep 2026 quarter, +168.8% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY26 profit was ₹90.0 Cr. Over 10 years profit has grown −3.5% a year on average. That is 5.4% of the quarter's revenue.

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

The same quarter a year earlier earned ₹16.0 Cr.

For the full year, FY26 profit was ₹90.0 Cr (−2.2% on the year before).

Why profit moved: revenue changed +16.1% on a year earlier and the margin moved +3.0 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +61.3% and revenue +16.5%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Greenply Industries Ltd reported ₹800 Cr of revenue in the Sep 2026 quarter, +16.1% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 5.2% a year on average. The last full year, FY26, came in at ₹2,739 Cr.

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

The last four reported quarters add to ₹2,974 Cr.

FY26 revenue was ₹2,739 Cr, +10.1% on the year before.

Recent pace: the last four quarters grew +16.5% on average, against 5.2% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +16.5%, against +11.2% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +48.2%, against +9.0% a year (accelerating).

Greenply Industries Ltd's operating margin was 10.0% in the Sep 2026 quarter, 3.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between 7.0% and 15.0%. 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 +3.0 percentage points on the year while gross margin changed +4.0 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 229% of Greenply Industries Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹247 Cr of operating cash against ₹90.0 Cr of profit. After ₹121 Cr of spending on assets, ₹126 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 229% of profit came in as cash: the cash cycle got 12 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets.

Greenply Industries Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 35 days in FY26, down from 47 days in FY21. It spent ₹165 Cr on assets over the last 3 years. Customers take 54 days to pay, and stock sits for 82 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 ₹2,739 Cr, each day of that cycle ties up about ₹7.5 Cr, so roughly ₹263 Cr is tied up in the business at any time.

FY26: customers took 54 days to pay and stock sat for 82 days, about 2.7 months of sales sitting as stock, for a full cycle of 35 days, shorter than FY21's 47.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 82 days. Customers pay about 54 days after that. Suppliers are paid at 101 days. Together that makes the 35-day cycle.

Spending on assets: ₹165 Cr over the last 3 years, against ₹180 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹50.0 Cr (FY26): assets paid for that are not earning yet.

In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean.

Greenply Industries Ltd's P/E is 23.4×, in the middle of its own history: higher than 48% of past readings. Its usual P/E (the middle reading) is 24.3×, over 11 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.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹10.02.