Greenlam Industries Ltd (BOM:538979)
₹ 273.15 +0.85 (+0.31%) Market Cap: 69.69 Bil Enterprise Value: 80.14 Bil PE Ratio: 124.16 PB Ratio: 5.91 GF Score: 94/100

Q2 2026 Greenlam Industries Ltd Earnings Call Transcript

Nov 10, 2025 / 09:30 AM GMT
Release Date Price: ₹266.2 (+0.41%)

Key Points

Positve
  • Greenlam Industries Ltd (BOM:538979) reported a revenue growth of 18.7% year-on-year for Q2 2026, reaching 808 crore.
  • The company's gross margin improved by 300 basis points to 54.6% compared to the previous year.
  • EBITDA before Forex fluctuations increased by 32% to 107 crore, indicating strong operational performance.
  • The laminate segment, the largest for the company, saw a revenue growth of 10.2% year-on-year, with a high utilization level of 96%.
  • The company announced a brownfield expansion in the laminates business, expected to generate significant additional revenue by Q4 FY27.
Negative
  • Net profit for the quarter decreased to 31.8 crore from 34.4 crore in the previous year, impacted by higher interest, depreciation, and Forex losses.
  • The plywood segment reported an EBITDA loss of 3.9 crore, although this was an improvement from the previous year.
  • The chipboard business, despite showing volume growth, is still in a settling period with a utilization level of only 36%.
  • Forex fluctuations and higher depreciation from recent plant capitalizations negatively impacted overall profitability.
  • The company faces challenges in maintaining cost competitiveness in the US market due to increased tariffs.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

GEEN.NS - Greenlam Industries Ltd
Q2 2026 Greenlam Industries Ltd Earnings Call
Nov 10, 2025 / 09:30AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good day and welcome to the Green Lamb Industries Limited Q2 NH1F526 results.

F 26 results. This conference call may contain forward-looking statements about the company which are based on the beliefs, opinions, and expectations of the company as on date of this call. These statements are not guarantees of future performance and involve risk and uncertainties that are difficult to predict. As a reminder, all participant lines will. In the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing, then 0 on your touchstone phone. I now hand the conference
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