Greenpanel

Gurugram, India Founded: 2017 • Age: 9 yrs Listed
Wood panels are manufactured for construction and interior applications.
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About Greenpanel

Greenpanel is a publicly listed company based in Gurugram (India) founded in 2017. Wood panels are manufactured for construction and interior applications. The company has 1,723 employees. Its chief executive, as recorded, is Shobhan Mittal. Its website greenpanel.com draws about 45 thousand monthly visits. Its Indian entity Greenpanel Industries Limited reported revenue of ₹1,554 Cr. Its focus areas include Real Estate and Construction, Building Materials, Construction Materials and Wood Products. Its competitors include Century Plyboards and GREENPLY Industries.

Company details

Greenpanel was founded in 2017 and is headquartered in Gurugram, India. Operations focus on the production of engineered wood panels, including plywood and laminates, within the building materials sector. Manufacturing facilities are maintained to supply products for residential and commercial uses across domestic markets. Leadership is provided by CEO and Managing Director Shobhan Mittal, with emphasis on sustainable sourcing practices.

  • Headquarters Gurugram, India
  • Employees 1,723
  • Stage Public
  • Sectors
    Real Estate & Construction
  • Website category Heavy Industry and Engineering · Construction and Maintenance
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website greenpanel.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Greenpanel Industries Ltd
Operational Areas
Real Estate & Construction → Building Materials
Key Metrics
  • Market Cap
    ₹1,832 Cr

    GREENPANEL · NSE

  • Share Price
    ₹150.34

    +0.64% today

  • Revenue
    ₹1,567 Cr

    FY 2023-24 · -12.1% YoY

  • EBITDA
    ₹246 Cr

    Margin 15.7%

  • Net Profit
    ₹143 Cr

    FY 2023-24 · -43.5% YoY

  • P/E (TTM)
    12.5x

    P/B 1.4x

  • ROE
    11.4%

    ROCE 12.8%

  • Debt / Equity
    0.21

    Interest cover 7.1x

  • Employee Count
    1,723

Apps and channels of Greenpanel

its YouTube channel Greenpanel Industries Limited has 17.2K subscribers and 30 videos.

Greenpanel Industries Limited
YouTube 17.2K subscribers 30 videos Howto & Style
Open channel

Videos from Greenpanel

The most watched videos on Greenpanel's YouTube channel, Greenpanel Industries Limited (17.2K subscribers). Click a video to play it here.

Screwing & Joinery in Greenpanel - Telugu
51 views
Knockdown Fasteners usage with Greenpanel MDF - Tamil
46 views
Knockdown Fasteners usage with Greenpanel MDF - Malayalam
37 views
Carving with Greenpanel MDF - Kannada
36 views

More on Greenpanel Industries Limited.

Board of directors of Greenpanel Industries Limited (Greenpanel)

Greenpanel Industries Limited is the primary company behind Greenpanel. The boards of the 4 registered companies of Greenpanel currently have 11 directors; the longest-serving is Shobhan Mittal, appointed in 2004. 24 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Shobhan Mittal
DIN 00347517
Director21 Jun 200422 yrs 4 moPrime Holdings Pvt Ltd, Greenpanel Industries Limited, Vanashree Properties Private Limited
Shiv Prakash Mittal
DIN 00237242
Director01 Apr 200521 yrs 7 moPrime Holdings Pvt Ltd, Greenpanel Industries Limited, Vanashree Properties Private Limited
Chitwan Mittal
DIN 02073497
Director30 May 200818 yrs 5 moVanashree Properties Private Limited
Santosh Mittal
DIN 00241121
Director24 Dec 200916 yrs 10 moPrime Holdings Pvt Ltd
Salil Kumar Bhandari
DIN 00017566
Director06 Aug 20188 yrs 3 moGreenpanel Industries Limited
Mahesh Kumar Jiwrajka
DIN 07657748
Director06 Aug 20188 yrs 3 moGreenpanel Industries Limited
Arun Kumar Saraf
DIN 00087063
Director14 Aug 20197 yrs 2 moGreenpanel Industries Limited
Karuna Mittal
DIN 00268307
Director06 Dec 20214 yrs 11 moShakuntala Safeinvest Private Limited
Sanidhya Mittal
DIN 06579890
Director06 Dec 20214 yrs 11 moShakuntala Safeinvest Private Limited
Rajesh Mittal
DIN 00240900
Director06 Dec 20214 yrs 11 moShakuntala Safeinvest Private Limited
Shivpriya Nanda
DIN 01313356
Director06 Jul 20224 yrs 4 moGreenpanel Industries Limited

People of Greenpanel

17 people are tracked at Greenpanel (9 in leadership, 8 in team); the tracked headcount is 1,723.

NameRoleGroup
Shobhan Mittal
CEO & MDLeadership
Shalabh Jaiswal
Zonal HeadLeadership
Praveen Kumar
Deputy General Manager & Head TN & Karnataka - Plywood VerticalLeadership
Prakash Tripathi
Chief Sales Officer (cso)Leadership
Sandeep Verma
Associate Vice President- Sales ( Value Added Products)Leadership
Satya Balakrishnarao Bandaru
Head -plantationLeadership
Ashok Kumar Singh
Sr. Vice PresidentLeadership
Arvind Joshi
Vice President MarketingLeadership
Shubham Gupta
Deputy General ManagerLeadership
Manoj Singh
Deputy Manager -oems & Architecture’sTeam
S S Durga Prasad V
Logistics ManagerTeam
Kartikey Ambardar
AGM MarketingTeam
Ashutosh Singh
AVPTeam
Digvijay Singh Chauhan
Deputy Manager Human ResourcesTeam
Mothilal Neela
Deputy ManagerTeam
Shaik Abdulmuzeeb
Deputy Manager OperationsTeam
Awadhesh Kumar
Manager - Human ResourcesTeam
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Complete people profiles for Greenpanel

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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  • Team structure
  • Board tenure
  • Professional contacts

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IPO & Listings of Greenpanel

Greenpanel is a publicly listed company on the NSE with ticker symbol GREENPANEL in India, operating in the Non-energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date25 Oct 2019
  • Listed onBSE: 542857
  • Listed entityGreenpanel Industries Ltd
  • Exchange sectorNon-energy minerals
  • ISININE08ZM01014
  • Share price₹147.83 (-1.77% on the day) · 2026-10-14
  • Market capitalisation₹1,846 Cr
  • Price to earnings269.6
  • EPS (diluted, trailing year)₹0.55
  • Dividend yield0.33%
  • Volume (last session)192,941

Financials of Greenpanel

Exchange-reported figures of Greenpanel Industries Limited, the listed company behind Greenpanel (NSE: GREENPANEL).

Financial Highlights

FY 2023-24 · Consolidated
Revenue
₹1,567 Cr
-12.1% YoY
EBITDA
₹246 Cr
-40.1% YoY
Profit After Tax
₹143 Cr
-43.5% YoY
Net Worth
₹1,317 Cr
+10.3% YoY
Total Assets
₹1,622 Cr
+12.7% YoY
Total Debt
₹296 Cr
+30.1% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Income statement
Revenue1,5671,7831,6251,0218775990.00
Revenue growth-12.1%+9.7%+59.2%+16.5%+46.3%--
EBITDA24641243020312777.35(0.05)
EBITDA margin+15.7%+23.1%+26.5%+19.9%+14.5%+12.9%-
Profit before tax18335134910111.7012.39(0.05)
Net profit14325324271.3323.1434.63(0.05)
Net profit margin+9.1%+14.2%+14.9%+7.0%+2.6%+5.8%-
EPS (₹)11.6420.9219.615.611.180.000.00
Balance sheet
Total assets1,6221,4391,2871,2401,2871,2980.05
Net worth1,3171,1949527306626460.05
Total debt2962283164475615870.00
Cash & bank14037822371.9911.5519.850.05
Net working capital2644702991601451400.05
Cash flow
Cash from operations13533736615599.8116.94(0.05)
Cash from investing(158)(248)(136)(10.89)(22.34)(99.49)0.00
Cash from financing50.32(134)(185)(142)(85.78)1020.10
ParticularsMar 2024Dec 2023Sep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022
Revenue397386399386441420457464
Revenue growth (YoY)-10.2%-8.2%-12.8%-16.8%-6.1%---
Other income7.391.316.806.378.52(4.05)13.737.25
EBITDA51.3060.2969.0865.7976.2392.02117132
EBITDA margin+12.9%+15.6%+17.3%+17.0%+17.3%+21.9%+25.5%+28.3%
Depreciation18.2517.9318.5018.2217.1918.3118.2318.25
Interest0.176.221.913.963.2411.391.792.63
Profit before tax40.2737.4555.4749.9864.3258.27110118
Tax10.462.8314.4712.73(4.61)20.7637.9740.32
Net profit29.8134.6241.0037.2568.9337.5172.4677.59
EPS (₹)2.432.823.343.045.623.065.916.33
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,5391,4361,5671,7831,6241,020860
Revenue growth+7.2%-8.4%-12.1%+9.8%+59.3%+18.6%-
EBITDA79.75131217375418205124
EBITDA margin+5.2%+9.1%+13.9%+21.1%+25.7%+20.1%+14.5%
Profit before tax(43.75)69.6818331734210813.45
Net profit(29.12)72.0913424823576.3625.21
Net profit margin-1.9%+5.0%+8.6%+13.9%+14.5%+7.5%+2.9%
EPS (₹)(2.38)5.8811.0318.7519.036.211.32
Balance sheet
Total assets1,7421,8321,6221,4471,2991,2641,313
Net worth1,3561,3851,3171,201987773697
Total debt370413296228292459555
Cash & bank19710514035622172.109.66
Net working capital362218264448288164142
Cash flow
Cash from operations11177.80135339360211101
Cash from investing16.65(166)(156)(254)(137)(76.62)(27.52)
Cash from financing(115)82.1650.32(131)(180)(131)(82.45)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue412350399416396328375359
Revenue growth (YoY)+4.0%+6.6%+6.5%+15.8%+17.5%-10.1%--
Other income2.502.614.593.433.073.423.906.56
Total expenses384320369375371344327342
EBITDA27.7529.9029.9640.8424.77(15.83)47.9617.35
EBITDA margin+6.7%+8.5%+7.5%+9.8%+6.3%-4.8%+12.8%+4.8%
Depreciation25.1624.7924.6325.3925.8125.4719.7819.40
Interest6.585.588.867.4310.919.512.36(0.70)
Profit before tax(1.49)2.141.0611.45(8.88)(47.39)29.725.21
Tax(0.86)0.90(0.32)1.21(2.75)(12.77)0.32(3.30)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 13 Nov 2026
ParticularsMar 2024Dec 2023Sep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022
Revenue397386399386441420457464
Revenue growth (YoY)-10.2%-8.2%-12.8%-16.8%-6.1%---
Other income7.391.316.806.378.52(4.05)13.737.25
EBITDA51.3060.2969.0865.7976.2392.02117132
EBITDA margin+12.9%+15.6%+17.3%+17.0%+17.3%+21.9%+25.5%+28.3%
Depreciation18.2517.9318.5018.2217.1918.3118.2318.25
Interest0.176.221.913.963.2411.391.792.63
Profit before tax40.2737.4555.4749.9864.3258.27110118
Tax10.462.8314.4712.73(4.61)20.7637.9740.32
Net profit29.8134.6241.0037.2568.9337.5172.4677.59
EPS (₹)2.432.823.343.045.623.065.916.33
ParticularsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Revenue1,5671,7831,6251,0218775990.00
Revenue growth-12.1%+9.7%+59.2%+16.5%+46.3%--
Other income21.8730.208.963.452.2312.700.00
Total expenses1,3211,3711,1958177505220.05
Employee cost14114012897.9098.8980.760.00
EBITDA24641243020312777.35(0.05)
EBITDA margin+15.7%+23.1%+26.5%+19.9%+14.5%+12.9%-
Depreciation72.8971.9773.3668.6369.1753.030.00
Interest12.2619.0417.1037.2148.2924.630.00
Profit before tax18335134910111.7012.39(0.05)
Tax40.4994.4410832.16(2.75)(22.19)0.00
Net profit14325324271.3323.1434.63(0.05)
Net profit margin+9.1%+14.2%+14.9%+7.0%+2.6%+5.8%-
EPS (₹)11.6420.9219.615.611.180.000.00
ParticularsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Equity & liabilities
Share capital12.2612.2612.2612.2612.2612.260.10
Reserves & surplus1,3051,182939718649633(0.05)
Shareholders' funds (net worth)1,3171,1949527306626460.05
Minority interest0.000.000.000.000.000.000.00
Secured loans2681902834435575630.00
Unsecured loans28.1237.2032.943.783.8823.050.00
Total debt2962283164475615870.00
Total liabilities1,6221,4391,2871,2401,2871,2980.05
Assets
Gross block1,5031,4591,4711,4521,4411,4050.00
Net block9829921,0381,0741,1111,1380.00
Capital work in progress3134.890.003.585.693.790.00
Investments97.500.000.000.000.000.000.00
Inventories2021531661491541340.00
Sundry debtors29.0444.4041.4477.7670.5245.620.00
Cash & bank balances14037822371.9911.5519.850.05
Loans & advances60.9959.1956.4256.1580.9687.860.00
Total current assets4326344863553172880.05
Total current liabilities1681641871951721480.00
Net working capital2644702991601451400.05
Total assets1,6221,4391,2871,2401,2871,2980.05
ParticularsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Opening cash13.2757.3813.0711.2619.570.050.00
Net cash from operating activities13533736615599.8116.94(0.05)
Net cash from investing activities(158)(248)(136)(10.89)(22.34)(99.49)0.00
Net cash from financing activities50.32(134)(185)(142)(85.78)1020.10
Net change in cash26.78(44.11)44.311.82(8.31)19.520.05
Closing cash14037822371.9911.5519.850.05
ParticularsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Growth
Sales growth-12.1%+9.7%+59.2%+16.5%+46.3%--
EBITDA growth-40.2%-4.3%+111.7%+60.2%+64.1%--
PBT growth-47.8%+0.6%+245.5%+763.1%-5.6%+9998.0%+9997.0%
Net income growth-43.5%+4.4%+240.0%+208.3%-33.2%--
Revenue CAGR (3Y)+15.4%+26.7%+39.5%----
EBITDA CAGR (3Y)+6.6%+48.0%+77.2%----
Profitability & leverage
Net income margin+9.1%+14.4%+14.8%+6.7%+1.7%+5.8%-
Return on capital employed+12.8%+27.2%+29.0%+10.9%+5.5%+5.7%0.0%
Return on net worth+11.4%+23.9%+28.6%+9.9%+3.6%+10.9%0.0%
Debt / equity0.210.250.450.720.880.910.00
Long-term debt / equity0.170.160.330.570.690.730.00
Interest cover7.065.604.7927.6283.60101.270.00
Efficiency & per share
Fixed asset turnover1.061.221.110.710.620.850.00
Inventory turnover8.8511.2010.316.736.088.910.00
Debtors turnover42.6841.5427.2713.7715.1026.270.00
EPS (₹)11.6420.9219.615.611.180.000.00
Dividend per share (₹)1.501.501.500.000.000.000.00
Book value per share (₹)107.4197.3677.6059.5653.960.000.48
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue412350399416396328375359
Revenue growth (YoY)+4.0%+6.6%+6.5%+15.8%+17.5%-10.1%--
Other income2.502.614.593.433.073.423.906.56
Total expenses384320369375371344327342
EBITDA27.7529.9029.9640.8424.77(15.83)47.9617.35
EBITDA margin+6.7%+8.5%+7.5%+9.8%+6.3%-4.8%+12.8%+4.8%
Depreciation25.1624.7924.6325.3925.8125.4719.7819.40
Interest6.585.588.867.4310.919.512.36(0.70)
Profit before tax(1.49)2.141.0611.45(8.88)(47.39)29.725.21
Tax(0.86)0.90(0.32)1.21(2.75)(12.77)0.32(3.30)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,5391,4361,5671,7831,6241,020860
Revenue growth+7.2%-8.4%-12.1%+9.8%+59.3%+18.6%-
Other income14.5022.5751.5329.038.242.582.04
Total expenses1,4601,3051,3501,4071,206815735
Employee cost15114014113712392.7692.78
EBITDA79.75131217375418205124
EBITDA margin+5.2%+9.1%+13.9%+21.1%+25.7%+20.1%+14.5%
Depreciation10177.4272.8968.9867.9963.8765.38
Interest36.716.6712.2618.6816.4635.2047.67
Profit before tax(43.75)69.6818331734210813.45
Tax(14.63)(2.42)48.1486.7910832.16(2.75)
Net profit(29.12)72.0913424823576.3625.21
Net profit margin-1.9%+5.0%+8.6%+13.9%+14.5%+7.5%+2.9%
EPS (₹)(2.38)5.8811.0318.7519.036.211.32
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital12.2612.2612.2612.2612.2612.2612.26
Reserves & surplus1,3441,3731,3051,189975761685
Shareholders' funds (net worth)1,3561,3851,3171,201987773697
Secured loans353390268190282443551
Unsecured loans17.5522.8228.1237.209.3615.613.88
Total debt370413296228292459555
Total liabilities1,7421,8321,6221,4471,2991,2641,313
Assets
Gross block2,1022,1451,5031,4591,4371,4161,408
Net block1,4251,5599829921,0091,0431,088
Capital work in progress20.3111.113134.890.003.585.69
Investments0.0012197.5022.0652.4552.4552.45
Inventories189199202153166149154
Sundry debtors88.2941.7929.0444.4041.4477.7670.52
Cash & bank balances19710514035622172.109.66
Loans & advances10371.9960.9859.1956.2955.0680.76
Total current assets577418432612485354315
Total current liabilities215200168164197191173
Net working capital362218264448288164142
Total assets1,7421,8321,6221,4471,2991,2641,313
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash33.9639.6811.0356.0412.669.3718.10
Net cash from operating activities11177.80135339360211101
Net cash from investing activities16.65(166)(156)(254)(137)(76.62)(27.52)
Net cash from financing activities(115)82.1650.32(131)(180)(131)(82.45)
Net change in cash12.35(5.72)28.65(45.01)43.373.29(8.73)
Closing cash19710514035622172.109.66
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+7.2%-8.4%-12.1%+9.8%+59.3%+18.6%-
EBITDA growth-39.2%-39.5%-42.2%-10.2%+104.1%+64.6%-
PBT growth--62.0%-42.1%-7.3%+215.6%+705.4%-38.7%
Net income growth-140.4%-46.3%-46.0%+5.6%+208.2%+202.9%-
Revenue CAGR (3Y)-4.8%-4.0%+15.4%+27.5%+40.4%--
EBITDA CAGR (3Y)-40.3%-32.0%+2.0%+44.5%+71.2%--
Profitability & leverage
Net income margin-1.9%+5.0%+8.6%+12.9%+14.4%+7.5%+1.9%
Return on capital employed-0.4%+4.4%+12.8%+24.4%+28.0%+11.1%+5.5%
Return on net worth-2.1%+5.3%+10.7%+21.0%+26.5%+10.4%+3.7%
Debt / equity0.290.260.210.240.430.690.82
Long-term debt / equity0.230.220.170.150.310.540.65
Interest cover-170.4312.408.516.104.7024.9780.69
Efficiency & per share
Fixed asset turnover0.720.791.061.231.140.720.62
Inventory turnover7.937.178.8511.2010.316.736.04
Debtors turnover23.6740.5442.6841.5427.2613.7613.99
EPS (₹)(2.38)5.8811.0318.7519.036.211.32
Dividend per share (₹)0.500.301.501.501.500.000.00
Book value per share (₹)110.57112.96107.4197.9780.5063.0756.83

Competitors of Greenpanel

Greenpanel has 2 listed competitors in our database. They include Century Plyboards and GREENPLY Industries.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
Century Plyboards
centuryply.com1986Kolkata, India776
Ply boards and laminate products are manufactured and supplied.
GREENPLY Industries
greenply.com1984Gurugram, India2,477
Plywood-based furniture products including doors, blackboards, and veneers are manufactured.
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Detailed competitors of Greenpanel

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Web traffic of Greenpanel

The website of Greenpanel (greenpanel.com) receives about 44.5K visits a month and ranks #940,269 among all websites worldwide, #16,181 in Construction and Maintenance.

  • Monthly visits
    44.5K

    ▼ 5.1% vs previous month

  • Unique visitors
    13.6K

    per month

  • Global rank
    #940,269

    among all websites

  • Category rank
    #16,181

    Heavy Industry and Engineering · Construction and Maintenance

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Top companies in Building Materials

3 companies that operate in the same segment as Greenpanel (Building Materials) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
JK Cement
Manufacturer of cement, gypsum plaster, tile adhesives, and wood finishing products
1975Kanpur, Uttar Pradesh, IndiaUSD 1.44 B9,047
Asian Paints
Industrial and decorative paints are manufactured along with related solutions.
1942Mumbai, Maharashtra, IndiaUSD 3.87 B10
Jaquar
Specializes in designing and manufacturing aesthetically pleasing bathroom solutions
1960Gurugram, Haryana, India
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Frequently Asked Questions about Greenpanel

Greenpanel was founded in 2017.

Greenpanel is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Shobhan Mittal is the CEO of Greenpanel, as recorded in our data.

Greenpanel has 1,723 employees.

The primary company behind Greenpanel, Greenpanel Industries Limited, reported revenue of ₹1,554 Cr for FY 2026, up 7% year on year.

Greenpanel was founded in 2017 and is headquartered in Gurugram, India. Operations focus on the production of engineered wood panels, including plywood and laminates, within the building materials sector. Manufacturing facilities are maintained to supply products for residential and commercial uses across domestic markets. Leadership is provided by CEO and Managing Director Shobhan Mittal, with emphasis on sustainable sourcing practices.

Greenpanel's top competitors include GREENPLY Industries and Century Plyboards.

Yes, Greenpanel is publicly traded on NSE under the ticker symbol GREENPANEL.

Greenpanel is associated with 4 legal entities: Greenpanel Industries Limited, Prime Holdings Pvt Ltd, Shakuntala Safeinvest Private Limited and others.

The legal entities of Greenpanel currently have 14 directors, including Shobhan Mittal, Santosh Mittal, Shiv Prakash Mittal and others.

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