Greenlam Industries Q1 results, quarter to Jun 2026

NSE: GREENLAMBSE: 538979Consumer DurablesSmall Cap

Greenlam Industries Limited · Face value ₹1 · Listed Mar 2015

₹213.24₹4.30 (2.06%)BSE ₹213.05

Share price at the NSE close on 28 Oct 2026. Previous close ₹208.94.

28 Oct: open ₹208.94, high ₹214.00, low ₹208.94

52-week range of traded prices to 28 Oct 2026

₹197.59Low, 30 Mar 2026₹278.55High, 6 Aug 2026

Market cap: ₹5,441 Cr723rd largest listed
P/E: 58.55
P/B: 4.61
Dividend yield: 0.19%
ROE: 8.1%
ROCE: 9.8%
Debt to equity: 0.89
Volume, NSE: 18,49165.3% delivered

Greenlam Industries filed its Q1 results for the quarter to Jun 2026 on 7 Aug 2026 at 5:47 pm, consolidated: the company and its subsidiaries together.

Q1 results, quarter to Jun 2026

₹ crore.Greenlam Industries annual results and balance sheet

Revenue: ₹797 Cr+18.2% on a year ago · −7.1% on the quarter before
Operating profit: ₹80 Cr+81.1% on a year ago · −26.2% on the quarter before
Net profit: ₹21 Cr−47.6% on the quarter before
Earnings per share: ₹0.83−47.8% on the quarter before
Operating margin: 10.0%
Net margin: 2.7%

From revenue to net profit, ₹ crore

Revenue797
Materials and goods−375
Employee costs−168
Other expenses−173
Operating profit80
Depreciation−35
Other income+6.0
Finance costs−19
Profit before tax31
Tax−9.7
Net profit21

Greenlam Industries results by quarter

Consolidated: the company and its subsidiaries together. Latest quarter to Jun 2026. Results for the quarter to Sep 2026 are due by 14 Nov 2026, 45 days after it ends. Every company's dates are on the results calendar.Results filings and date

Revenue and net profit by quarter, ₹ crore

Revenue
Net profit
Loss

Peak revenue ₹858 Cr, quarter to Mar 2026; lowest ₹563 Cr, quarter to Dec 2023A loss in 2 of the 12 quarters shown

Operating and net margin by quarter, per cent

Operating margin
Net margin

₹ crore	Sep 2021	Dec 2021Q3	Mar 2022	Jun 2022Q1	Sep 2022	Dec 2022Q3	Mar 2023	Jun 2023Q1	Sep 2023	Dec 2023Q3	Mar 2024	Jun 2024Q1	Sep 2024	Dec 2024Q3	Mar 2025Q4Filed 30 May	Jun 2025Q1Filed 7 Aug	Sep 2025Q2Filed 8 Nov	Dec 2025Q3Filed 29 Jan	Mar 2026Q4Filed 22 May	Jun 2026Q1Filed 7 Aug
Revenue from operations	454	450	463	471	518	504	534	515	604	563	624	605	681	602	682	674	808	706	858	797
	408	396	414	420	464	449	460	451	528	492	541	541	599	539	618	630	704	638	749	717
Materials and goods bought	256	250	256	259	287	260	273	246	293	255	293	290	329	271	336	316	367	314	416	375
Employee costs	68	65	68	73	75	80	86	96	108	108	113	123	131	126	130	153	154	154	156	168
Other expenses	84	81	91	88	102	109	101	109	127	129	134	128	139	141	151	161	183	170	178	173
Operating profit before depreciation	46	53	50	50	54	55	74	64	76	71	84	64	81	64	64	44	104	68	108	80
Operating margin	10.1%	11.9%	10.7%	10.7%	10.4%	10.9%	13.9%	12.5%	12.5%	12.6%	13.4%	10.6%	12.0%	10.6%	9.4%	6.5%	12.9%	9.7%	12.6%	10.0%
Depreciation and amortisation	14	15	15	15	15	16	17	17	19	24	26	26	27	27	33	35	36	36	35	35
Other income	2	2	1	2	5	6	4	4	6	3	9	3	8	1	0	2	1	3	2	6
Finance costs	3	4	3	5	6	6	6	7	9	14	13	14	16	16	20	26	24	23	23	19
Profit before one-off items and tax	30	36	33	33	38	38	55	44	53	35	53	27	47	21	11	−14	46	12	52	31
One-off items	−3	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	−6	0	0
Profit before tax	28	36	33	33	38	38	55	44	53	35	53	27	47	21	11	−14	46	6	52	31
	7	9	7	8	9	10	9	11	13	10	12	7	13	9	9	1	14	6	12	10
Current tax	8	10	7	9	9	11	6	13	17	12	12	10	13	12	12	10	18	9	14	11
Deferred tax	−1	−1	0	−1	−1	−1	3	−2	−4	−1	1	−3	0	−3	−2	−9	−4	−2	−2	−2
Tax rate	25.2%	25.2%	22.3%	25.0%	22.7%	26.7%	16.4%	26.2%	25.3%	28.7%	23.2%	26.5%	27.1%	41.2%	86.3%	–	31.1%	110.6%	22.1%	31.3%
	21	27	26	25	29	28	46	32	39	25	41	20	34	13	1	−16	32	−1	41	21
Belonging to the company's shareholders	21	27	26	25	29	28	46	33	41	25	41	20	35	13	2	−15	32	0	39	21
Belonging to outside owners of subsidiaries	0	–	0	–	0	–	0	−1	−2	0	0	0	0	0	−1	0	−1	0	1	0
Other comprehensive income	0	1	1	2	2	2	−1	−2	3	0	−1	−2	3	1	−1	0	2	0	3	−1
Total comprehensive income	21	28	26	27	31	30	45	30	42	25	39	18	38	14	1	−15	34	0	44	20
Net margin	4.6%	6.0%	5.5%	5.2%	5.6%	5.6%	8.6%	6.3%	6.5%	4.5%	6.5%	3.3%	5.1%	2.1%	0.2%	−2.3%	3.9%	−0.1%	4.7%	2.7%
Earnings per share	₹0.86	₹1.12	₹1.06	₹1.03	₹1.17	₹1.14	–	₹1.30	₹1.64	₹0.99	–	₹0.78	₹1.35	₹0.49	₹0.06	−₹0.62	₹1.25	−₹0.02	₹1.59	₹0.83

Earnings per share in rupees, restated for later splits and bonuses.

Segment results by quarter

Consolidated, ₹ crore, quarters to Jun 2026.Greenlam Industries segment results by year

Laminates & Allied Products
Revenue, ₹ crore
531
500
537
534
597
520
575
555
658
562
659
596
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
103
86
106
88
105
82
94
98
140
100
139
104
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Plywood & Allied Products
Revenue, ₹ crore
39
88
103
90
119
106
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
−5
−7
−5
−13
−4
−3
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Panel & Allied Products
Revenue, ₹ crore
31
48
54
80
95
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
−34
−22
−14
−15
−3
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26

₹ crore	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue of all businesses	604	563	624	605	681	602	682	674	808	706	858	797
Company revenue, as in its results	604	563	624	605	681	602	682	674	808	706	858	797
Revenue	531	500	537	534	597	520	575	555	658	562	659	596
Revenue growth	12.7%	8.8%	9.2%	13.2%	12.4%	4.0%	7.2%	3.8%	10.2%	8.1%	14.4%	7.4%
Profit	103	86	106	88	105	82	94	98	140	100	139	104
Profit growth	44.8%	16.9%	14.0%	0.5%	1.3%	−4.1%	−11.1%	11.1%	33.5%	22.1%	46.8%	7.1%
Margin	19.5%	17.2%	19.8%	16.4%	17.5%	15.8%	16.4%	17.6%	21.3%	17.9%	21.0%	17.5%
Assets	1,218	1,261	1,302	1,362	1,442	1,410	1,327	1,351	1,366	1,406	1,420	1,442
Liabilities	440	379	469	480	538	505	532	565	571	586	593	583
Capital employed	778	882	833	882	904	905	795	787	795	820	827	860
Revenue	–	–	–	–	–	–	39	88	103	90	119	106
Revenue growth	–	–	–	–	–	–	–	–	–	–	208.8%	20.4%
Profit	–	–	–	–	–	–	−5	−7	−5	−13	−4	−3
Margin	–	–	–	–	–	–	−12.5%	−8.2%	−4.7%	−13.9%	−3.4%	−3.2%
Assets	–	–	–	–	–	–	207	429	433	441	419	406
Liabilities	–	–	–	–	–	–	28	71	79	89	81	86
Capital employed	–	–	–	–	–	–	179	358	354	352	338	320
Revenue	–	–	–	–	–	–	–	31	48	54	80	95
Revenue growth	–	–	–	–	–	–	–	–	–	–	–	205.3%
Profit	–	–	–	–	–	–	–	−34	−22	−14	−15	−3
Margin	–	–	–	–	–	–	–	−110.3%	−47.0%	−26.4%	−18.8%	−3.2%
Assets	–	–	–	–	–	–	–	836	861	817	829	835
Liabilities	–	–	–	–	–	–	–	28	80	54	67	71
Capital employed	–	–	–	–	–	–	–	808	782	764	762	764
Revenue	58	48	61	43	58	52	63	–	–	–	–	–
Revenue growth	23.1%	7.4%	44.7%	0.7%	0.6%	8.9%	2.6%	–	–	–	–	–
Profit	−1	0	2	−3	1	3	2	–	–	–	–	–
Profit growth	–	–	–	–	–	606.5%	14.6%	–	–	–	–	–
Margin	−1.5%	0.8%	3.4%	−6.1%	1.9%	5.5%	3.8%	–	–	–	–	–
Assets	215	218	213	208	217	220	228	–	–	–	–	–
Liabilities	35	34	39	37	47	51	52	–	–	–	–	–
Capital employed	180	184	174	171	170	169	176	–	–	–	–	–
Revenue	–	–	–	–	–	–	5	–	–	–	–	–
Profit	–	–	–	–	–	–	−18	–	–	–	–	–
Margin	–	–	–	–	–	–	−349.5%	–	–	–	–	–
Assets	–	–	–	–	–	–	823	–	–	–	–	–
Liabilities	–	–	–	–	–	–	54	–	–	–	–	–
Capital employed	–	–	–	–	–	–	769	–	–	–	–	–
Revenue	15	16	26	28	26	30	–	–	–	–	–	–
Revenue growth	–	–	–	–	73.9%	90.7%	–	–	–	–	–	–
Profit	−11	−7	−8	−7	−8	−7	–	–	–	–	–	–
Margin	−73.3%	−42.9%	−32.3%	−24.6%	−30.5%	−22.5%	–	–	–	–	–	–
Assets	206	183	200	197	199	206	–	–	–	–	–	–
Liabilities	31	10	3	10	16	22	–	–	–	–	–	–
Capital employed	175	173	197	187	183	184	–	–	–	–	–	–
	–	–	–	0	0	–	–	–	–	–	–	–
Profit	–	–	–	0	0	–	–	–	–	–	–	–
Assets	–	–	–	0	0	–	–	–	–	–	–	–
Liabilities	–	–	–	0	0	–	–	–	–	–	–	–

Profit is before tax and finance costs, the way companies report their segments.

Q1 results, quarter to Jun 2026

From revenue to net profit, ₹ crore

Greenlam Industries results by quarter

Revenue and net profit by quarter, ₹ crore

Operating and net margin by quarter, per cent

Segment results by quarter

Laminates & Allied Products

Plywood & Allied Products

Panel & Allied Products