BSECompany Update6d ago · 24 Jul 2026, 01:55 pm
Please find Press Release of Greenply Industries Limited in respect of unaudited financial results of Q1 FY27.
Greenply Industries Ltd · 526797
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Greenply Industries Ltd has announced its unaudited financial results for Q1 FY27, with a 20.7% YoY increase in consolidated revenue to Rs 724.9 crs, and a 27.1% YoY increase in Core EBITDA to Rs 78.3 crs. The company's Plywood business volume grew by 13.8% YoY, while MDF business volume grew by 24.7% YoY.
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Greenply Industries Ltd - 526797 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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HAR ZARURAT KA REPLY
Greenply/2026-27
July 24, 2026
The Manager The Manager
BSE Limited National Stock Exchange of India Limited
Department of Corporate Services Exchange Plaza, Bandra Kurla Complex
Floor 25, P. J. Towers, Dalal Street Bandra (E)
Mumbai - 400 001 Mumbai -400 051
Scrip Code: 526797 Symbol -GREENPLY
Dear Sir/Madam,
Sub: Press Release
Dear Sir/ Madam,
Please find enclosed the Press Release of the Company in respect of un-audited financial results of
Green ply Industries Limited for the quarter ended June 30, 2026.
This is for your information and record.
Thanking you,
Yours faithfully,
For GREENPLY INDUSTRIES LIMITED
KAUSHAL KUMAR AGARWAL
COMPANY SECRETARY &
VICE PRESIDENT-LEGAL
Encl.: As above
Greenply Industries Limited
'Madgul Lounge', 5th & 6th Floor, 23 Chetla Central Road, Kolkata -700027, West Bengal, India
T :+91 33 24500400, 30515000 I E: kaushal.agarwal@greenply.com I www.greenply.com I CIN: L20211 WB1990PLC268743
Registered Office: 'Madgul Lounge', 6th Floor, 23 Chetla Central Road, Chetla, Kolkata -700027, West Bengal, India
Press Release
Greenply achieves a consolidated revenue of Rs 724.9 crs in Q1 FY27, a 20.7% YoY increase
Core EBITDA margins at 10.8% at Rs 78.3 Crs in Q1 FY27, a 27.1% YoY increase
Plywood Business* Volume grew by 13.8% Y-o-Y in Q1 FY27 with a Core EBITDA margin of
8.4%
MDF Business Volume grew by 24.7% Y-o-Y in Q1 FY27 with a Core EBITDA margin of
17.3%
Kolkata, July 24th,2026: Greenply Industries Limited, India’s leading manufacturer of
Plywood, MDF and allied products has announced its financial results for the quarter
ended June 30, 2026. The key financial highlights are as follows:
Plywood Business * – Q1 FY27
• Revenue from Plywood & allied products was Rs 526.6 crores, a 16.0% increase on y-o-y basis.
• Realization per SQM was Rs 265.
• Core EBITDA was Rs 44.5 crores with a core EBITDA margin of 8.4% as against 7.9%,a 50 bps
increase on a Y-O-Y basis
• Net profit was Rs 26.6 crores.
MDF Business – Q1 FY27
• Revenue from MDF business was Rs 195.7 crores, an 32.8% increase on y-o-y basis.
• Realization per CBM was Rs 33,525.
• Core EBITDA without forex loss was Rs 33.9 crores with a core EBITDA margin of 17.3%.
• Net profit was Rs 16.8 crores.
Greenply Samet JV – Q1 FY27
• Total revenue was Rs 13.61 crores (100%)
• Share of PAT loss was Rs 5.7 Crs (50%)
Consolidated – Q1 FY27
• Revenue was Rs 724.9 crores, a 20.7% increase on y-o-y basis.
• Core EBITDA was Rs 78.3 crores with an EBITDA margin of 10.8%.
• Net Profit was Rs 37.6 crore.
* Plywood Business = Greenply Standalone + Subsidiaries
Greenply Industries Limited
'Madgul Lounge', 5th & 6th Floor, 23 Chetla Central Road, Kolkata-700027, West Bengal, India
T: +91 3324500400,30515000 E: Kaushal.agarwal@greenply.com I CIN: L20211WB1990PLC268743
Registered Office: ‘Madgul Lounge’, 6th Floor, 23 Chetla Central Road, Chetla, Kolkata – 700027, West Bengal, India
Commenting on the performance for Q1 FY27, Mr. Sanidhya Mittal, JMD, Greenply Industries Ltd.
Said
“Greenply remains firmly on track to achieve its full-year guidance, backed by a robust 20.7% year-on-
year growth in consolidated revenue, our Plywood business continues to exhibit healthy volume
momentum, while our MDF segment delivered an exceptional 32.8% increase in revenue.
True progress, however, must be sustainable. With the launch of our permanent 'One Sheet, One Tree'
initiative, we are embedding ecological responsibility directly into our supply chain. For every plywood
sheet supplied across India, we plant a tree, ensuring our corporate footprint fosters a greener, more
resilient India as we continue to scale.
Our joint venture, Greenply Samet doubled its revenue from the corresponding quarter last year and we are
confident that this business will witness significant growth in this year, supported by expanding market
presence and improving customer acceptance."
About Greenply:
Greenply Industries Limited (GIL), along with its wholly owned subsidiaries, associates and joint
venture having a leadership position in plywood industry with Five state-of- the-art manufacturing
facilities spread across the country. The Company provides world class interior products for the
domestic and global markets including Plywood, MDF, blockboards, decorative veneers, flush doors,
and an extensive range of functional furniture hardware through JV with Samet, leading global
furniture fittings manufacturer based at Turkey. The company has widespread presence in over
1,100 cities, towns, and villages across 27 states and 6 union territories, serviced through a well-
entrenched distribution network of more than 3,000 dealers and authorized stockists, a retail
network exceeding 6,000 and more than 60 physical and virtual branches pan-India.
We pushed the bar of our innovation to pioneer India’s first-of-its-kind E-Zero plywood range in FY21.
The Zero emission products are aimed at safeguarding the indoor air quality. Greenply has been
conferred with Great Place to Work title for the third consecutive year (2020, 2021, 2022) for its
contribution on building High-Trust and High-Performance Culture within organization.
Greenply Industries Limited
'Madgul Lounge', 5th & 6th Floor, 23 Chetla Central Road, Kolkata-700027, West Bengal, India
T: +91 3324500400,30515000 E: Kaushal.agarwal@greenply.com I CIN: L20211WB1990PLC268743
Registered Office: ‘Madgul Lounge’, 6th Floor, 23 Chetla Central Road, Chetla, Kolkata – 700027, West Bengal, India