Q2 2026 Greenply Industries Ltd Earnings Call Transcript
Key Points
- Greenply Industries Ltd (BOM:526797) achieved a consolidated quarterly revenue growth of 7.5% year-over-year.
- The company expanded its manufacturing capacity from 800 CBM per day to 1,000 CBM per day, indicating growth potential.
- The marketing strategy has been effective, with campaigns like Ecotech gaining traction and reinforcing brand recall.
- The company is confident of achieving double-digit margin levels and volume growth in the second half of the year.
- Greenply Industries Ltd (BOM:526797) has reduced its contingent liabilities, indicating improved financial health.
- The company's EBITDA margin declined by 80 basis points compared to the corresponding quarter last year.
- Production was temporarily impacted by expansion-related shutdowns, affecting margins.
- There was a liquidation of old and non-moving inventory at a higher discount, resulting in lower realization.
- The furniture and fittings segment reported a loss, indicating challenges in this new business area.
- The company faces competitive pressure in the MDF market, with competitors undercutting prices to push volumes.
Ladies and gentlemen, good day and welcome to the Greenply Industries Q2 and H1F 526 earnings conference call hosted by Asian Market Securities Private Limited. (Operator Instructions) Please note this conference is being recorded.
I now hand the conference over to Skaran from Asian Market Securities Private Limited.
Thank you and over to you, sir.
Thank you, Mark. Hi everyone. Good evening. On behalf of Asian Market Securities, we thank you for joining us on the Blind deities toy and first half F5 16 conference call. In the panel today, we have Mr. Mano Ts, joint Managing Director, CEO. Sanitia Mittal, joint managing director, and CFO Mr. Sanjeev. May I now invite Manoj, to begin the proceedings of the call. Thank you and over to you.
Thank you, Karan, and good evening everyone.
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