BSECompany Update6d ago · 7 Aug 2026, 06:33 pm
Press Release for un-audited financial results for the quarter ended June 30, 2026
Greenlam Industries Ltd · 538979
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Greenlam Industries Ltd reported Q1FY27 unaudited consolidated financial results, with net revenues at ₹796.7 crore, a 18.2% YoY growth, and net profit of ₹21.2 crore, compared to a net loss of ₹15.7 crore in Q1FY26.
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Greenlam Industries Ltd - 538979 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Greenlam/2026-27
August 07, 2026
The Manager The Manager
BSE Limited National Stock Exchange of India
Department of Corporate Services Limited Exchange Plaza, Bandra Kurla
Floor 25, P. J. Towers, Dalal Street Complex Bandra (E)
Mumbai - 400 001 Mumbai - 400 051
Fax No. 022-2272-3121/1278/1557/3354 Fax No. 022-2659-8237/8238/8347/8348
Email: corp.relations@bseindia.com Email: cmlist@nse.co.in
BSE Scrip Code: 538979 NSE Symbol: GREENLAM
Sub: Press Release for Q1 FY27 Results
Dear Sir/Madam,
Please find enclosed herewith the Press Release on the Financial Results of the Company for the quarter ended
June 30, 2026.
Kindly take the above information on records.
Thanking you,
Yours faithfully,
For Greenlam Industries Limited
Prakash Kumar Biswal
Company Secretary &
Senior Vice President-Legal
Encl. a/a
Greenlam Industries Limited announces Unaudited Consolidated Financial Results for
Quarter Ended June 30, 2026
National, August 07, 2026: Greenlam Industries Limited, among the world’s top three laminate manufacturers and
a leading integrated substrate and surface solutions provider, today announced its unaudited consolidated financial
results for the quarter and year ended June 30, 2026.
Highlights for the Quarter ended June 30, 2026
• Net revenues stood at ₹796.7 crore, registering a YoY growth of 18.2%
• EBITDA before forex impact and exceptional items reported at ₹81.1 crore, growth of 48.3% YoY
• Chipboard business reported pre-forex operating profit of ₹3.4 crore
• Net Profit reported at ₹21.2 crore against net loss of ₹15.7 crore in Q1FY26
• Working capital improved by 3 days on YoY basis to 56 days
Financial Highlights for Q1FY27 Results – Consolidated
(₹ in Crore) Q1FY27 Q1FY26 Growth % (y-o-y) Q4FY26 Growth % (q-o-q)
Net Sales 796.7 673.8 18.2% 857.7 -7.1%
EBITDA@ 81.1 54.7 48.3% 107.4 -24.4%
Profit / (Loss) before Tax# 30.9 (14.5) - 52.0 -
Profit / (Loss) after Tax 21.2 (15.7) - 40.5 -
Basic EPS (₹)* 0.83 (0.62) - 1.59 -
@EBITDA is before forex fluctuations and exceptional items; #Profit before tax and exceptional items; *Not annualized
Greenlam Industries Consolidated Results, Q1FY27:
For the quarter ended on June 30, 2026, consolidated net revenues from operations witnessed a growth of 18.2%,
at ₹796.7 crores, as compared to ₹673.8 crores in the corresponding quarter of the previous financial year. The
laminate business witnessed overall value growth of 7.4% on YoY basis. Gross margins for the remained flat at 52.9%.
Gross profit in absolute terms grew by 17.9% on YoY basis and stood at ₹421.4 crores in Q1FY27. The operating profit
before forex fluctuations and exceptional items grew by 48.3% and stood at ₹81.1 crores as compared to ₹54.7
crores in the corresponding quarter last year. The Company recorded a net profit of ₹21.2 crores for Q1FY27 as
compared to net loss of ₹ 15.7 crores in the corresponding quarter last year.
Speaking about the results Mr. Saurabh Mittal, Managing Director and Chief Executive Officer, Greenlam Industries
Limited said, “Despite being a challenging quarter on account of ongoing geopolitical issues leading to volatility in
commodity prices, currency fluctuations and severe logistics challenges, we delivered a steady performance with year-
on-year revenue growth of 18.2% taking our net consolidated revenues for the quarter at ₹796.7 crores. All our business
segments reported revenue growth during the quarter. In the laminate segment, international business grew well,
aided by an improved product mix and favourable currency movements, reinforcing the benefits of our strong global
footprints. Our plywood & allied products segment – which includes decorative veneers, engineered floors, engineered
doors and plywood – registered a healthy 20.4% YoY growth, reflecting increasing acceptance of our integrated
offerings. Our chipboard business, which delivered 205% YoY revenue growth, underscoring the long-term potential of
this segment.
Gross margins during the quarter stood at 52.9%, despite increase in raw material costs and logistics challenges in the
current quarter. During the quarter we have passed on the raw material cost increase to market. EBITDA before forex
fluctuation grew by 48.3% and stood at ₹81.1 crores. EBITDA margin improved by 210 bps to 10.2% in Q1FY27.
Chipboard business turned EBITDA positive with profit of ₹3.4 crores in Q1FY27 as against EBITDA loss of ₹9.8 crores
in Q1FY26 and EBITDA loss of ₹2.2 crores in Q4FY26.
Our working capital days improved by 3 days and stood at 56 days during the quarter. Our net debt as on June 30,
2026 stood at ₹933.7 crores.
At Greenlam, we remain focused on driving sustainable growth through operational excellence, disciplined execution,
and innovation-led manufacturing. Backed by a diversified portfolio of premium surfacing and substrate solutions and
an expanding market presence, we are well-positioned to address evolving customer needs and capitalize on growth
opportunities across markets. We remain committed to creating long-term value through differentiated offerings,
strong business fundamentals, and sustainable growth across our domestic and international operations.”
About Greenlam Industries Limited
Greenlam Industries Limited ranks among the top three laminate manufacturers globally and is a leading
integrated substrate and surface solutions provider. The company offers a wide range of products to
customers in over 120 countries, consistently delivering innovation and quality. Its diverse product portfolio
includes decorative laminates & compacts, interior and exterior cladding, restroom cubicles and locker
solutions, decorative veneers, engineered wood flooring, doors, plywood and pre-laminated chipboards.
With five state-of-the-art manufacturing facilities located across India—in Behror (Rajasthan), Nalagarh
(Himachal Pradesh), Prantij (Gujarat), Tindivanam (Tamil Nadu), and Naidupeta (Andhra Pradesh)—
Greenlam is committed to both quality and environmental responsibility. The company ethically sources its
raw materials and holds numerous sustainability certifications, including FSC®, PEFC™, ISO 14001, GRIHA,
GREENPRO, REACH, ISO 45001, and ISO 50001. Its products are globally certified with CE, UL, NSF, SEFA,
Green Label, Greenguard, NEMA (for the US and North America), and BS EN standards. Greenlam is also
ISO 9001 certified for Quality Management Systems and holds SEDEX certification for Ethical Trade
Initiatives, ensuring its products are both safe and eco-friendly.
Supported by an expansive global sales and distribution network, Greenlam is always prepared to assist in
transforming your spaces with seamless expertise.
For more information, please visit: https://www.greenlamindustries.com/
Greenlam Industries Limited Burson India
Ashok Sharma - Chief Financial Officer Deepti Chhibber
Ph.: + 91 11 42791399 Ph: +91 95407 42923
Email: ashok.sharma@greenlam.com Email: deepti.chhibber@bursonglobal.com