Greenply Industries Limited (GREENPLY) — Financial Results

1 Financial Results 🔴 High Importance Neutral 📄 PDF

📢 Key Event
Board approved audited financial results for Q4 and FY2026

💡 Investor Takeaway
The correction does not affect the reported financial figures or performance.

Greenply Industries Limited announced the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, approved by its board on April 28, 2026, confirming no material changes after correcting a typographical error in the balance sheet that misstated 'Unaudited' as 'Audited'.

2 Financial Results 🔴 High Importance ✨ Positive 📄 PDF

Revenue: ₹776.2 CrNet Profit: ₹31

📢 Key Event
Greenply reports record Q4 FY26 consolidated revenue of ₹776.2 crores, up 19.6% YoY, and FY26 revenue of ₹2,739.0 crores, up 10.1% YoY.

🔄 What Changed
19.6% YoY revenue growth in Q4 FY26; 10.1% YoY revenue growth in FY26; 37% YoY increase in Q4 core EBITDA to ₹93.2 crores; 13.8% YoY increase in FY26 core EBITDA to ₹270.5 crores; 15.6% YoY volume growth in Plywood; 45.3% YoY volume growth in MDF; 330 bps margin expansion in Q4 core EBITDA margin to 12.0%.

🔮 What's Next
Confident in sustaining double-digit volume and value growth in both Plywood and MDF businesses in the upcoming financial year; targeting margins of 16%+ in MDF throughout the upcoming financial year.

💡 Investor Takeaway
Strong top-line growth and margin expansion across core businesses, driven by operational improvements and volume growth, position Greenply for sustained performance and margin resilience in the next fiscal year.

Greenply Industries reported record consolidated revenue of ₹776.2 crores in Q4 FY26, up 19.6% YoY, and ₹2,739.0 crores for FY26, up 10.1% YoY. Core EBITDA reached ₹93.2 crores in Q4 (+37% YoY) and ₹270.5 crores for FY26 (+13.8% YoY), with margins expanding to 12.0% in Q4 from 8.7% previously. Plywood volume grew 15.6% YoY in Q4, while MDF volume surged 45.3% YoY, driving strong margin expansion to 17.0% in MDF. Net profit was ₹31.0 crores in Q4, aided by a one-time gain of ₹15.2 crores.

3 Financial Results 🔴 High Importance Neutral 📄 PDF

📢 Key Event
Greenply Industries released its audited financial results presentation for Q4 and FY26, highlighting consolidated revenue growth of 19.6% YoY to ₹776.26 crores.

🔄 What Changed
19.6% YoY revenue growth; Core EBITDA margin expanded to 12.0% from 10.5%; Net debt ratio improved to 0.52x; Exceptional items of ₹15.2 crores impacted Q4 PAT

💡 Investor Takeaway
The company delivered strong top-line growth and margin expansion, but reported PAT was weighed down by non-recurring exceptional items totaling ₹15.2 crores in Q4.

Greenply Industries reported consolidated revenue of ₹776.26 crores for Q4 FY26, up 19.6% YoY, driven by strong performance in both plywood and MDF segments. Core EBITDA margin expanded to 12.0% from 10.5% YoY, reflecting operational efficiency gains. Profit After Tax (PAT) including income tax refund reached ₹31.0 crores in Q4, though exceptional items of ₹15.2 crores significantly impacted reported profitability. The company highlighted improved working capital management and a healthier net debt ratio of 0.52x. Forward-looking statements indicate continued focus on capacity expansion and ESG initiatives, though specific future financial targets were not disclosed.