Greenlam Industries Ltd.

NSE: GREENLAM BSE: 538979 SECTOR: Laminates/Decoratives  35k   130   9

374.00
-2.05 (-0.55%)
NSE: Today, 01:54 PM

Price Summary

Today's High

₹ 378.65

Today's Low

₹ 363.75

52 Week High

₹ 380

52 Week Low

₹ 281.55

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

4749.52 Cr.

Enterprise Value

5064.01 Cr.

No. of Shares

12.7 Cr.

P/E

38.65

P/B

5.08

Face Value

₹ 1

Div. Yield

0.41 %

Book Value (TTM)

₹  73.63

CASH

8.54 Cr.

DEBT

323.03 Cr.

Promoter Holding

51.22 %

EPS (TTM)

₹  9.68

Sales Growth

38.46%

ROE

14.34 %

ROCE

14.18%

Profit Growth

27.7 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

Sales Growth

1 Year38.46%
3 Year9.24%
5 Year9.95%

Profit Growth

1 Year27.7%
3 Year9.46%
5 Year14.8%

ROE%

1 Year14.34%
3 Year15.84%
5 Year16.45%

ROCE %

1 Year14.18%
3 Year15.68%
5 Year16.74%

Debt/Equity

0.5112

Price to Cash Flow

93.07

Interest Cover Ratio

9.1331849378594

CFO/PAT (5 Yr. Avg.)

1.37356970787851

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2023 51.22 0
Dec 2022 51.22 0
Sep 2022 51.22 0
Jun 2022 53.9 0
Mar 2022 53.9 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company has a healthy Interest coverage ratio of 9.1331849378594.
  • The company has an efficient Cash Conversion Cycle of 29.0611345000728 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.37356970787851.
  • The company has a high promoter holding of 51.22%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 4.47029919323761.

 Limitations

  • The company has shown a poor profit growth of 9.46414079205036% for the Past 3 years.
  • The company has shown a poor revenue growth of 9.24211906621739% for the Past 3 years.
  • The company is trading at a high PE of 38.65.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Net Sales 423.01 430.64 473.6 457.69 489.15
Total Expenditure 381.56 387.47 430.04 412.56 425.13
Operating Profit 41.44 43.17 43.56 45.13 64.01
Other Income 8.36 2.49 5.55 10 17.95
Interest 3.19 5.16 5.57 5.89 6.29
Depreciation 13.43 13.58 14.4 15.09 15.39
Exceptional Items 0 0 0 0 0
Profit Before Tax 33.18 26.92 29.14 34.15 60.27
Tax 7.27 6.8 7.12 7.74 5.95
Profit After Tax 25.92 20.12 22.03 26.41 54.32
Adjusted EPS (Rs) 2.15 1.67 1.73 2.08 4.28

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 1060.78 1195.99 1227.22 1126.05 1559.19
Total Expenditure 924.2 1057.52 1066.29 962.34 1396.66
Operating Profit 136.58 138.47 160.94 163.72 162.52
Other Income 2.18 2.15 22.65 3.62 17.47
Interest 15.98 15.46 20.3 16.03 13.48
Depreciation 33.12 34.04 48.98 51.79 54.31
Exceptional Items 0 0 0 -12.4 -2.59
Profit Before Tax 89.66 91.12 114.31 87.11 109.62
Tax 30.46 26.03 21.68 20.26 24.25
Net Profit 59.2 65.08 92.63 66.85 85.37
Adjusted EPS (Rs.) 4.91 5.39 7.68 5.54 7.07

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 12.07 12.07 12.07 12.07 12.07
Total Reserves 345.73 404.11 478.55 546.33 619.86
Borrowings 80.75 72.65 82 79.91 153.94
Other N/C liabilities 37.24 40.66 84.91 67.85 56.47
Current liabilities 296.86 343.4 375.7 410.95 466.88
Total Liabilities 772.65 872.89 1033.23 1117.11 1309.22
Assets
Net Block 321.25 322.64 411.13 398.83 393.33
Capital WIP 1 18.99 13.92 16.34 3.07
Intangible WIP 0 2.73 1.77 0.72 1.51
Investments 24.11 24.12 70.57 70.57 130.5
Loans & Advances 4.89 9.32 5.86 13.58 7.29
Other N/C Assets 15.87 17.72 0.26 0.23 0.35
Current Assets 405.52 477.37 529.73 616.84 773.15
Total Assets 772.65 872.89 1033.23 1117.11 1309.22
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 89.66 91.12 114.31 99.51 112.2
Adjustment 47.34 54.37 51.69 54.57 49.94
Changes in Assets & Liabilities -16.34 -67.42 -12.75 59.47 -80.27
Tax Paid -28.97 -32.08 -24.74 -23.74 -30.85
Operating Cash Flow 91.68 45.98 128.51 189.81 51.03
Investing Cash Flow -36.92 -55.87 -78.95 -153.77 -121.89
Financing Cash Flow -54.71 11.15 -30.41 -50.43 68.53
Net Cash Flow 0.05 1.26 19.15 -14.39 -2.33

Corporate Actions

Investors Details

PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Promoters 53.90 53.90 51.22 51.22 51.22
greenply leasing &... 37.15 37.15 37.15 37.15 37.15
saurabh mittal 13.29 13.29 13.29 13.29 13.29
shiv prakash mittal 2.10 2.10 2.10 2.10 2.10
parul mittal 1.98 1.98 1.98 1.98 1.98
santosh mittal 0.23 0.23 0.23 0.23 0.23
PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Investors 46.10 46.10 48.78 48.78 48.78
hdfc trustee compa... - - 9.01 9.01 -
hdfc trustee compa... - - - - 9.01
hdfc trustee compa... 9.01 - - - -
hdfc trustee compa... - - - - -
westbridge crossov... 7.88 7.88 7.88 7.88 7.88
hdfc trustee compa... - 7.37 - - -
blue diamond prope... - - - - -
ashish dhawan 5.65 6.96 5.65 5.65 5.65
jwalamukhi investm... 1.48 5.31 1.64 1.54 1.54
dsp small cap fund - - - - -
idfc multi cap fund 2.36 - - - -
idfc multi cap fun... - - - 2.19 2.23
idfc premier equit... - - 2.17 - -
dsp blackrock core... - 2.03 2.03 2.03 -
dsp core fund 2.03 - - - 2.03
akhil dhawan 1.51 1.86 1.51 1.51 1.51
sundaram mutual fu... 1.64 - - - -
akash bhanshali 1.64 1.64 1.64 1.64 1.64
sundaram mutual fu... - - - - 1.62
sundaram mutual fu... - - - 1.61 -
sundaram mutual fu... - - 1.53 - -
manek bhanshali - 1.37 - - -
vallabh roopchand ... 1.32 1.32 1.32 1.32 1.32
winro commercial (... - - - - -
mangal bhanshali 1.08 1.08 1.08 1.08 1.08
unclaimed or suspe... - 0.04 - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Greenlam Industries - Quaterly Results27 May 2023, 5:11PM Greenlam Industries - Quaterly Results27 May 2023, 5:11PM Greenlam Industries informs about annual secretarial compliance report25 May 2023, 11:38AM Greenlam Industries completes upgradation of laminate manufacturing facility17 May 2023, 12:29PM Greenlam Industries informs about newspaper advertisement22 Apr 2023, 3:36PM Greenlam Industries informs about compliance certificate12 Apr 2023, 12:52PM Greenlam Industries informs about disclosures 25 Mar 2023, 3:32PM Greenlam Industries informs about outcome of equity share holders meeting18 Mar 2023, 1:16PM Greenlam Industries informs about disclosure18 Mar 2023, 1:09PM Greenlam Industries informs about ESOS 3 Feb 2023, 10:57AM Greenlam Industries - Quaterly Results2 Feb 2023, 1:30PM Greenlam Industries - Quaterly Results2 Feb 2023, 1:30PM Greenlam Industries - Quaterly Results2 Feb 2023, 1:30PM Greenlam Industries - Quaterly Results12 Nov 2022, 12:00PM Greenlam Industries - Quaterly Results12 Nov 2022, 12:00PM Greenlam Industries commences commercial production at laminate manufacturing facility in Gujarat 22 Aug 2022, 12:07PM Greenlam Industries informs about analyst meet29 Jul 2022, 11:58AM Greenlam Industries informs about analyst meet28 Jul 2022, 4:53PM Greenlam Industries informs about un-audited financial results26 Jul 2022, 3:34PM Greenlam Industries - Quaterly Results26 Jul 2022, 2:21PM Greenlam Industries - Quaterly Results26 Jul 2022, 2:21PM Greenlam Industries - Quaterly Results26 Jul 2022, 2:21PM Greenlam Industries informs about analyst meet26 Jul 2022, 12:32PM Greenlam Industries informs about AGM20 Jul 2022, 12:26PM Greenlam Industries informs about press release18 Jul 2022, 2:20PM Greenlam Industries informs about analyst meet intimation28 Jun 2022, 2:12PM Greenlam Industries informs about press release22 Jun 2022, 4:53PM Greenlam Industries enters into Asset Purchase agreement with Bloom Dekor22 Jun 2022, 2:44PM Greenlam Industries executes share subscription agreement with Smiti Holding and Trading Company22 Jun 2022, 10:11AM Greenlam Industries gets nod to raise Rs 195 crore20 Jun 2022, 11:46AM Greenlam Industries informs about annual audited financial results 30 May 2022, 2:24PM Greenlam Industries - Quaterly Results30 May 2022, 10:47AM Greenlam Industries - Quaterly Results30 May 2022, 10:47AM Greenlam Industries - Quaterly Results30 May 2022, 10:47AM Greenlam Industries informs about disclosure21 May 2022, 10:18AM Greenlam Industries receives export excellence award18 Apr 2022, 9:45AM Greenlam Industries informs about analyst meet16 Mar 2022, 3:00PM Greenlam Industries informs about analyst meet8 Mar 2022, 5:13PM Greenlam Industries informs about analyst meet8 Mar 2022, 4:07PM Greenlam Industries informs about analyst meet8 Mar 2022, 2:33PM Greenlam Industries informs about analyst meet4 Mar 2022, 4:13PM Greenlam Industries - Quaterly Results8 Feb 2022, 12:49PM Greenlam Industries - Quaterly Results8 Feb 2022, 12:49PM Greenlam Industries - Quaterly Results8 Feb 2022, 12:49PM Greenlam Industries informs about disclosure29 Jan 2022, 1:04PM Greenlam Industries gets nod to raise Rs 500 crore through QIP28 Dec 2021, 12:47PM Greenlam Industries informs about investor presentation15 Dec 2021, 3:39PM Greenlam Industries to invest Rs 950 crore towards setting up of third Laminate plant 14 Dec 2021, 10:45AM Greenlam Industries’ arm gets nod to set up greenfield project in Andhra Pradesh13 Dec 2021, 2:57PM Greenlam Industries informs about updates on acquisition4 Dec 2021, 4:11PM

Greenlam Industries Stock Price Analysis and Quick Research Report. Is Greenlam Industries an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Greenlam Industries has a PE ratio of 38.9254046009797 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Greenlam Industries has ROA of 7.03655807831117 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Greenlam Industries has a Current ratio of 1.65599251373528 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Greenlam Industries has a ROE of 14.3430331318773 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Greenlam Industries has a D/E ratio of 0.5112 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Greenlam Industries has an Inventory turnover ratio of 4.01681580659542 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Greenlam Industries has reported revenue growth of 38.4647867061201 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Greenlam Industries for the current financial year is 10.4235063756044 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Greenlam Industries is Rs 1.2 and the yield is 0.3993 %.

Brief about Greenlam Industries

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