Financials Greenply Industries Limited Bombay S.E.

Equities

GREENPLY

INE461C01038

Forest & Wood Products

Market Closed - Bombay S.E. 06:10:47 2024-04-26 am EDT 5-day change 1st Jan Change
263.7 INR -1.35% Intraday chart for Greenply Industries Limited -0.40% +10.80%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 19,154 9,939 20,914 26,966 17,074 32,508 - -
Enterprise Value (EV) 1 19,154 12,211 22,304 29,335 23,722 39,405 38,572 37,011
P/E ratio 17.6 x 21.1 x 34.3 x 28.5 x 18.9 x 52.8 x 24.5 x 17.5 x
Yield 0.26% 0.49% 0.23% 0.23% 0.36% 0.13% 0.34% 0.35%
Capitalization / Revenue 0.97 x 0.7 x 1.79 x 1.73 x 0.93 x 1.39 x 1.24 x 1.12 x
EV / Revenue 0.97 x 0.86 x 1.91 x 1.88 x 1.29 x 1.69 x 1.48 x 1.27 x
EV / EBITDA 8.67 x 7.85 x 19.1 x 19.2 x 14 x 19.7 x 13.7 x 10.7 x
EV / FCF 128 x 668 x 10.9 x -22.4 x -6.73 x 61.6 x 23.2 x 18 x
FCF Yield 0.78% 0.15% 9.2% -4.46% -14.9% 1.62% 4.3% 5.54%
Price to Book 1.96 x 2.63 x 4.79 x 5.01 x 2.65 x 4.55 x 3.85 x 3.29 x
Nbr of stocks (in thousands) 122,627 122,627 122,627 122,627 122,876 123,699 - -
Reference price 2 156.2 81.05 170.6 219.9 139.0 262.8 262.8 262.8
Announcement Date 5/30/19 6/27/20 6/14/21 5/16/22 5/30/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 19,724 14,204 11,653 15,628 18,456 23,325 26,130 29,080
EBITDA 1 2,210 1,556 1,167 1,529 1,691 1,998 2,813 3,446
EBIT 1 1,455 1,299 936.3 1,270 1,326 1,362 2,092 2,653
Operating Margin 7.38% 9.15% 8.03% 8.13% 7.19% 5.84% 8% 9.12%
Earnings before Tax (EBT) 1 1,151 611.9 813.8 1,250 1,106 859.6 1,716 2,439
Net income 1 1,091 472.5 609.1 947.3 914.3 618.8 1,328 1,868
Net margin 5.53% 3.33% 5.23% 6.06% 4.95% 2.65% 5.08% 6.42%
EPS 2 8.900 3.850 4.970 7.720 7.370 4.982 10.72 15.03
Free Cash Flow 1 149.9 18.27 2,052 -1,308 -3,524 639.5 1,660 2,051
FCF margin 0.76% 0.13% 17.61% -8.37% -19.1% 2.74% 6.35% 7.05%
FCF Conversion (EBITDA) 6.78% 1.17% 175.79% - - 32% 59.03% 59.52%
FCF Conversion (Net income) 13.74% 3.87% 336.82% - - 103.34% 125.03% 109.83%
Dividend per Share 2 0.4000 0.4000 0.4000 0.5000 0.5000 0.3500 0.8857 0.9125
Announcement Date 5/30/19 6/27/20 6/14/21 5/16/22 5/30/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2021 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 7,297 4,282 3,404 3,967 2,608 4,324 4,211 4,486 4,535 4,947 4,282 4,692 4,761 5,233 5,973 6,288
EBITDA 1 860.2 - 416.5 454.7 132.1 496.9 428.4 445.9 400.9 488.9 325.6 475.7 298.2 388.7 561.1 609.8
EBIT - 187.3 - - - 432.5 363 378.6 324.7 400.1 - 372.5 - - 423 451
Operating Margin - 4.37% - - - 10% 8.62% 8.44% 7.16% 8.09% - 7.94% - - 7.08% 7.17%
Earnings before Tax (EBT) 633.8 107.6 336.7 391.7 - 417.9 389.8 384.9 283.5 327.4 - 223.2 - - - -
Net income 1 474.3 72.83 249.9 286.4 40.26 319.1 298.2 289.7 207.3 235.9 360.4 110.7 8.173 102 211.6 207.5
Net margin 6.5% 1.7% 7.34% 7.22% 1.54% 7.38% 7.08% 6.46% 4.57% 4.77% 8.42% 2.36% 0.17% 1.95% 3.54% 3.3%
EPS - - - - - 2.600 2.420 2.350 1.680 1.910 - 0.8900 - 0.5000 1.600 1.800
Dividend per Share - - - - - - - - - - - - - - - -
Announcement Date 11/8/19 11/4/20 2/11/21 6/14/21 8/4/21 11/9/21 2/14/22 5/16/22 8/5/22 11/7/22 2/13/23 5/30/23 7/25/23 - - -
1INR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 2,272 1,390 2,369 6,648 6,897 6,064 4,503
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) - 1.46 x 1.191 x 1.55 x 3.931 x 3.451 x 2.156 x 1.306 x
Free Cash Flow 1 150 18.3 2,052 -1,308 -3,524 640 1,660 2,051
ROE (net income / shareholders' equity) 13.7% 24.2% 15% 19.4% 16.8% 8.96% 17.1% 19.9%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 79.60 30.80 35.60 43.90 52.40 57.80 68.30 79.90
Cash Flow per Share - - - - - - - -
Capex 1 828 559 226 2,224 4,146 674 639 626
Capex / Sales 4.2% 3.94% 1.94% 14.23% 22.46% 2.89% 2.45% 2.15%
Announcement Date 5/30/19 6/27/20 6/14/21 5/16/22 5/30/23 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
11
Last Close Price
262.8 INR
Average target price
287.9 INR
Spread / Average Target
+9.55%
Consensus
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