Greenply Industries Limited — Q1FY27 Earnings Call Summary

GREENPLY · Q1FY27 · Filed 27 Jul 2026

Key Takeaways

• FY27 volume growth guidance: plywood 10%, MDF 25-30%; MDF EBITDA margin sustainable at 16-17%, may rise 1% with new capacity
• Q1 FY27 consolidated revenue 724.9 Cr +20.7% y-y; core EBITDA 78.3 Cr; margin 10.8% +50 bps y-y
• Plywood volume +13.8% y-y; revenue 526.6 Cr +16%; EBITDA margin 8.4% +50 bps y-y
• MDF revenue 195.7 Cr +32.8% y-y; volume 58,000 CBM +24.7%; EBITDA margin 17.3%
• Net debt 533 Cr; debt-equity 0.57x; peak debt expected ~730 Cr by Mar 2027, then deleveraging
• New plywood ContiRoll Tech to improve quality and margins; rollout across plants in H1 FY27
• MDF growth pan-India; plywood utilization target 98-100%, MDF 80-82% in FY27
• Price hikes: MDF 7-9%, plywood 3-5%; timber prices stable; chemical costs volatile, possible future hikes
• Furniture JV sales 13.6 Cr loss 11.5 Cr; capex underway to localize imports and reduce losses
• New MDF flooring line started production July 20, 2026; Odisha plywood and MDF plants on track

📄 Source: View original transcript (PDF)

Summary generated by AI from the official transcript filed on BSE/NSE. Not investment advice.