Investor Presentation

GPIL/2026-27 August 8, 2026 BSE Limited Na(cid:415)onal Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Dalal Street Plot no. C/1, G Block Mumbai – 400001 Bandra – Kurla Complex , Bandra (E), Mumbai – 400051 Scrip Code: 542857 Symbol: GREENPANEL Dear Sirs, Sub: Investor Presenta(cid:415)on on the unaudited financial results for the quarter ended June 30, 2026 Pursuant to regula(cid:415)on 30 of the Securi(cid:415)es and Exchange Board of India (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons, 2015, please find enclosed the Investor presenta(cid:415)on on the unaudited financial results of the Company for the quarter ended June 30, 2026. Kindly take the above on records. Thanking you, Yours Faithfully, For Greenpanel Industries Limited Company Secretary and Compliance Officer ACS 18675 Encl. as above INDIA’S LARGEST WOOD PANEL MANUFACTURER DISCLAIMER This presentation may contain certain forward-looking statements relating to Greenpanel Industries Limited and its future business, development and economic performance. These statements include descriptions regarding the intent, belief or current expectations of the Company and their respective directors and officers with respect to the results of operations and financial condition of the Company. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to (1) competitive pressures; (2) legislative and regulatory developments; (3) global, macroeconomic and political trends; (4) fluctuations in currency exchange rates and general financial market conditions; (5) delay or inability in obtaining approvals from authorities; (6) technical developments; (7) litigation; (8) adverse publicity and news coverage, which could cause actual development and results to differ materially from the statements made in this presentation. Company assumes no obligation to update or alter forward-looking statements whether as a result of new information, future events or otherwise. Any forward-looking statements and projections made by third parties included in this presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections. This presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this presentation. This presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this presentation is expressly excluded. Financial & Operational Highlights – Q1FY27 Financial Highlights – Q1FY27 MDF Domestic Volumes Ply Volumes s MDF Domestic ASP m S +12% y-o-y +10.4% y-o-y u A +7.4% y-o-y l o & Retail ~20% y-o-y ; OEM (-)14% y-o-y “Zero Export sales” during Q1FY27 due to the ongoing war in Middle East since March 2026 MDF Operating Total Operating Gross Margin EBITDA EBITDA G @52.7% @10.3% @9.6% A of total sales of total sales +570 bps y-o-y vs. 4.4% LY vs. 4% LY Cash Conversion Cycle (CCC) E Net Debt @ 141 Crs A E @42 Days ~15 Crs H Reduced by vs. 38 Days on 31-03-26 B vs. 31-03-26 Highlights – GPIL Revenue Q1FY27 – MDF Volume(K CBM) Realisation (Rs. Per CBM) Revenue(in Crores) +20.4% T +12.0% S +7.4% 317 E 263 M 31758 29559 Q1FY26 Q1FY27 Q1FY26 Q1FY27 Q1FY26 Q1FY27 x +8.8% -2.3% E +11.4% . 102 100 291 317 l 31758 28519 T Q1FY26 Q1FY27 O Q1FY26 Q1FY27 Q1FY26 Q1FY27 “Zero Export sales” during Q1FY27 due to the ongoing war in Middle East since March 2026 GPIL Financial Performance – Q1FY27 Quarterly Actual Actual Actual Variance Gross Margin improved to ~52.7% Captions UOM while Operating EBITDA improved as Q1FY26 Q4FY26 Q1FY27 Vs Vs well to 9.6% despite higher marketing Q1 Q4 spends during the quarter on TV ads & FY26 FY26 trade exhibitions, on account of : Revenue Rs. Crs 322.6 391.4 349.9 8.5% -10.6% Raw Material Cost Rs. Crs 171.1 204.4 165.4 -3.3% -19.1% ▪ Timely implementation of price hikes post the significant escalation Raw Material Cost % age 53.0% 52.2% 47.3% -5.7% -4.9% in chemical costs. Gross Margin Rs. Crs 151.6 187.0 184.6 21.8% -1.3% Gross Margin % age 47.0% 47.8% 52.7% 5.7% 4.9% ▪ Change in distribution salience – Other Expenses Rs. Crs 147.5 163.7 153.5 4.1% -6.3% “lower OEM” (significant cost volatility impacting volumes) and Other Income Rs. Crs 9.0 12.1 2.5 -72.6% -79.6% “Zero Exports” (due to geopolitical Operating EBITDA$ Rs. Crs 13.0 35.4 33.5 157.3% -5.3% developments) during Q1FY27 Operating EBITDA Margin % age 4.0% 9.1% 9.6% 5.6% 0.5% Exception – FX Rs. Crs -25.5 -0.9 -1.0 NA NA ▪ Lower timber costs on a y-o-y basis Reported EBITDA Rs. Crs -12.4 34.5 32.5 NA -5.9% & improvement in production efficiency vs. last year (largely Reported EBITDA Margin % age -3.8% 8.8% 9.3% 13.1% 0.5% power & fuel) PBT Rs. Crs -47.4 1.1 2.1 NA 102.2% -34.6 1.4 1.2 NA -10.4% PAT Rs. Crs ▪ Available low cost FG & SFG inventory from Q4. $Operating EBITDA excludes FX loss on account of currency movement on Euro currency borrowings for the new MDF plant impacting the relevant period. Other Income includes EPCG income of 5.1 Cr in Q1 FY26, 6.2 Cr in Q4 FY26 and NIL during Q1 FY27. 6 Segment Performance – “MDF” Quarterly Particulars Actual Variance Q1FY26 Q1FY27 vs Q1FY26 Net Sales (₹ Crores) 291.2 316.8 8.8% 5.9% Operating EBITDA Margin* 4.4% 10.3% Annual Capacity (CBM) 8,91,000 8,91,000 - Production (CBM) 1,04,951 1,13,394 8.0% Domestic Sales Volume (CBM) 89,036 99,747 12.0% Exports Sales Volume (CBM) 13,060 0 -100.0% Total Sales Volume (CBM) 1,02,096 99,747 -2.3% Capacity Utilisation 47% 51% 4.0% Blended Realisation (₹/CBM) 28,519 31,758 11.4% Domestic Realisation (₹/CBM) 29,559 31,758 7.4% Export Realisation (₹/CBM) 21,429 NA NA *Operating EBITDA excludes exceptional loss on account of currency movement on Euro currency borrowings for the new MDF plant. Segment Performance – “PLYWOOD” Quarterly Particulars Actual Variance Q1FY26 Q1FY27 vs Q1FY26 Net Sales (₹ Crores) 31.5 33.2 5.5% 2.1% EBITDA Margin 0.6% 2.7% Annual Capacity (Mn Sqm) 9 9 - Production (Mn Sqm) 0.9 1.3 35.0% Sales Volume (Mn Sqm) 1.2 1.3 10.4% 14.0% Capacity Utilisation 42% 56% Average Realisation (₹/Sqm) 267 255 -4.4% Price hikes taken during Q1FY27 but overall realization declined due to product mix. 8 Working Capital Cycle & Debt Profile Net Debt – Rs. Crs Working Capital - Days -5 +4 -92 -15 47 164 233 38 156 36 19 141 11 21 310 310 52 56 80 76 49 46 -153 -197 -176 -226 -27 -27 -29 31-Mar-25 30-Jun-25 31-Mar-26 30-Jun-26 31-Mar-25 30-Jun-25 31-Mar-26 30-Jun-26 DSO DIO DPO Long Term Borrowing - FCY Long Term Borrowing - INR Cash & Cash Equivalent ▪ Working Capital slightly increased to factor seasonality (monsoons). However, still lower than last year same period. ▪ Credit Ratings for working capital facilities reaffirmed recently by ICRA @ A+ ▪ Reported Net debt @ Rs. 141 Crs - vs. 156 Crs at 31-Mar-2026 and 233 Crs at 30-Jun-2025 . ▪ Leverage & available liquidity remains comfortable to support growth. 1. Day Sales Outstanding (DSO), Days Inventory Outstanding (DIO) and Days Payable Outstanding (DPO) computed on the basis of sales. 2. Working Capital (WC) Cycle or Cash Conversion Cycle (CCC) Days = DSO + DIO - DPO ; All Working Capital Ratios calculated on the basis of last 3 Trailing Months Financials except for period ending March where 9 9 annual numbers have been considered. Company Initiatives STRENGTHENING BRAND PRESENCE National Television Reach 6 News Channels - High-impact integrations—including Laptop Branding, L-Bands, J-Bands, and Co-Powered and Presenting Sp [Showing first 8,000 characters — download PDF for full document]