India's Richest People 2026 edition · 1 director · Source: Hurun India
- #709 Shiv Prakash Mittal & family ₹4,500 Cr
Market Cap
₹5,361 Cr
GREENLAM · NSE
Share Price
₹208.94
-0.56% today
Revenue
₹3,046 Cr
FY 2025-26 · +18.6% YoY
EBITDA
₹319 Cr
Margin 10.5%
Net Profit
₹57.84 Cr
FY 2025-26 · -8.3% YoY
P/E (TTM)
59.8x
P/B 4.6x
ROE
4.9%
ROCE 7.9%
Debt / Equity
1.02
Interest cover 54.3x
About Greenlam Industries Limited
Data last updated:
Greenlam Industries Limited is a public limited company based in New Delhi, Delhi, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 12 August 2013 and has been in existence for over 13 years.
Its director Shiv Prakash Mittal and family are #709 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L21016DL2013PLC386045. The company has 4 GST registrations on record, none of which is active. It is a listed company as per MCA records. Its shares are listed on BSE: 538979 and NSE: GREENLAM.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹25.51 Cr. It is led by directors including Saurabh Mittal (Managing Director) and Parul Mittal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 31 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 203 2nd Floor West Wing Worldmark 1 Aerocity Igi Airport Hospitality Distr, Ict, New Delhi, Delhi, India – 110037.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹3,046.08 Cr, a growth of 18.6% compared to the previous year. For the same year it recorded a net profit of ₹57.84 Cr (net margin 1.9%) and EBITDA of ₹318.76 Cr (EBITDA margin 10.5%). The net worth stands at ₹1,179.26 Cr (up 4.6% YoY). Total assets are valued at ₹2,359.02 Cr (up 0.7% YoY).
The company has about 2,520 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 9 brands, including Greenlam Sturdo, Newmika, Decowood Veneers, Growing Agro Chemicals, Mikasa Doors and others. As per MCA filings, the company has open charges of ₹1,575 Cr and satisfied charges of ₹1,218.85 Cr on record. Court records list 116 cases involving the company, including 97 filed by the company and 19 filed against it; 35 cases are pending. The company has 24 deals on record (23 market trades, 1 funding round), with disclosed funding of ₹195 Cr; the latest was in December 2025. Its 5 peer companies in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products) are compared by revenue, 1 larger and 4 smaller; the largest is Century Plyboards (India) Ltd. with revenue of ₹4,538.08 Cr. The company has 6 MSME Form 1 returns on record between 2020 and 2024, listing 134 overdue payments to 42 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website greenlamindustries.com.
Company details
CIN L21016DL2013PLC386045
Registration Number 386045
Incorporation Date 12 August 2013
ROC Delhi
Listing Status Listed - Listed on NSE (GREENLAM); Listed on BSE (538979)
Company Status Active
Date of Last AGM 31 July 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
CIN history
Greenlam Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L21016DL2013PLC386045, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L21016DL2013PLC386045 | Current |
| U21016AS2013PLC011624 | Previous |
| L21016AS2013PLC011624 | Previous |
Recognitions & Rankings of Greenlam Industries
Contact details
Greenlam Industries Limited's registered office is in New Delhi, Delhi. Its website is greenlamindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address203 2nd Floor West Wing Worldmark 1 Aerocity Igi Airport Hospitality Distr, Ict, New Delhi, Delhi, India – 110037
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Greenlam Industries Limited, buy the company report.
Comprehensive company report
Greenlam Industries Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Greenlam Industries operates multiple associated brands including Greenlam Sturdo, Newmika, and Decowood Veneers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides high-quality designer bathroom partitions and panels for commercial and residential projects. | greenlamsturdo.com | |
| Decowood manufactures and supplies wood veneers for homes, offices, and commercial designs. | decowoodveneers.com | |
| Manufactures insecticides and fungicides for crop protection in farming. | growingagrochemicals.com | |
| Manufacturer of surfacing solutions for interiors and exteriors | greenlam.com | |
| Diversified interior building products including laminates and plywood are manufactured. | greenlamindustries.com | |
| Decorative laminate sheets are manufactured for residential and commercial applications. | greenlam.co.in | |
| Offers decorative laminates and exterior panels for home and commercial surfaces. | newmika.com | |
| Manufacturing and supplying wooden doors, frames, and related solutions for construction and interior applications. | mikasadoors.com | |
| Provision of wall cladding materials and laminates for exteriors and interiors in the building sector. | greenlamclads.com |
Business activity
The main business activity of Greenlam Industries is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Greenlam Industries Limited, buy the company report.
Financials of Greenlam Industries Limited
FY 2025-26 filings availableGreenlam Industries Limited reported revenue of ₹3,046.08 Cr (up 18.6% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹3,046 Cr
+18.6% YoY
EBITDA
₹319 Cr
+16.1% YoY
Profit After Tax
₹57.84 Cr
-8.3% YoY
Net Worth
₹1,179 Cr
+4.6% YoY
Total Assets
₹2,359 Cr
+0.7% YoY
Total Debt
₹1,160 Cr
-3.2% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 3,046 | 2,569 | 2,306 | 2,026 | 1,703 | 1,200 | 1,321 |
| Revenue growth | +18.6% | +11.4% | +13.8% | +18.9% | +42.0% | -9.2% | - |
| EBITDA | 319 | 275 | 295 | 233 | 184 | 161 | 178 |
| EBITDA margin | +10.5% | +10.7% | +12.8% | +11.5% | +10.8% | +13.4% | +13.5% |
| Profit before tax | 89.28 | 106 | 185 | 164 | 119 | 95.96 | 108 |
| Net profit | 57.84 | 63.06 | 137 | 125 | 92.10 | 82.74 | 87.25 |
| Net profit margin | +1.9% | +2.5% | +6.0% | +6.2% | +5.4% | +6.9% | +6.6% |
| EPS (₹) | 2.21 | 2.73 | 10.85 | 10.13 | 7.52 | 30.56 | 35.91 |
| Balance sheet | |||||||
| Total assets | 2,359 | 2,343 | 2,200 | 1,597 | 1,063 | 892 | 869 |
| Net worth | 1,179 | 1,127 | 1,077 | 958 | 654 | 573 | 501 |
| Total debt | 1,160 | 1,199 | 1,109 | 628 | 398 | 307 | 294 |
| Cash & bank | 63.97 | 42.61 | 32.93 | 16.05 | 15.78 | 18.73 | 30.74 |
| Net working capital | 543 | 478 | 416 | 339 | 391 | 309 | 383 |
| Cash flow | |||||||
| Cash from operations | 292 | 210 | 194 | 169 | 71.16 | 213 | 96.26 |
| Cash from investing | (79.97) | (167) | (527) | (535) | (136) | (154) | (53.80) |
| Cash from financing | (191) | (33.86) | 350 | 366 | 62.22 | (70.87) | (22.06) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 797 | 858 | 706 | 808 | 674 | 682 | 602 | 681 |
| Revenue growth (YoY) | +18.2% | +25.8% | +17.3% | +18.7% | +11.4% | - | - | - |
| Other income | 5.96 | 2.04 | 2.54 | 1.22 | 2.45 | 0.00 | 1.31 | 8.16 |
| EBITDA | 79.85 | 108 | 62.07 | 104 | 44.08 | 64.00 | 63.54 | 81.43 |
| EBITDA margin | +10.0% | +12.6% | +8.8% | +12.9% | +6.5% | +9.4% | +10.6% | +12.0% |
| Depreciation | 35.40 | 35.16 | 35.73 | 35.50 | 35.12 | 33.33 | 27.27 | 26.81 |
| Interest | 19.48 | 23.04 | 23.30 | 23.99 | 25.89 | 19.91 | 16.25 | 15.53 |
| Profit before tax | 30.93 | 52.06 | 5.58 | 46.12 | (14.48) | 10.76 | 21.33 | 47.25 |
| Tax | 9.69 | 11.51 | 6.17 | 14.35 | 1.23 | 9.29 | 8.79 | 12.80 |
| Net profit | 21.24 | 40.55 | (0.59) | 31.77 | (15.71) | 1.47 | 12.54 | 34.45 |
| EPS (₹) | 0.83 | 1.59 | (0.02) | 1.25 | (0.62) | 0.06 | 0.98 | 2.70 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,415 | 2,207 | 2,124 | 1,851 | 1,559 | 1,126 | 1,227 |
| Revenue growth | +9.4% | +3.9% | +14.7% | +18.7% | +38.5% | -8.2% | - |
| EBITDA | 275 | 250 | 265 | 195 | 160 | 151 | 161 |
| EBITDA margin | +11.4% | +11.4% | +12.5% | +10.5% | +10.3% | +13.4% | +13.1% |
| Profit before tax | 181 | 152 | 189 | 148 | 110 | 87.11 | 114 |
| Net profit | 141 | 107 | 146 | 117 | 86.22 | 75.69 | 93.24 |
| Net profit margin | +5.8% | +4.9% | +6.9% | +6.3% | +5.5% | +6.7% | +7.6% |
| EPS (₹) | 5.43 | 4.41 | 11.43 | 9.52 | 7.07 | 27.70 | 38.38 |
| Balance sheet | |||||||
| Total assets | 1,847 | 1,711 | 1,585 | 1,386 | 1,012 | 845 | 809 |
| Net worth | 1,268 | 1,137 | 1,046 | 921 | 632 | 558 | 491 |
| Total debt | 564 | 557 | 526 | 455 | 370 | 275 | 250 |
| Cash & bank | 21.82 | 19.85 | 18.15 | 7.02 | 8.54 | 10.89 | 25.29 |
| Net working capital | 311 | 327 | 351 | 314 | 331 | 253 | 323 |
| Cash flow | |||||||
| Cash from operations | 267 | 243 | 218 | 154 | 51.03 | 190 | 129 |
| Cash from investing | (212) | (197) | (160) | (383) | (122) | (154) | (78.95) |
| Cash from financing | (52.82) | (44.57) | (47.07) | 227 | 68.53 | (50.43) | (30.41) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 584 | 655 | 549 | 653 | 557 | 560 | 535 | 586 |
| Revenue growth (YoY) | +4.8% | +17.0% | +2.8% | +11.4% | +6.0% | - | - | - |
| Other income | 2.60 | 5.79 | 11.83 | 4.32 | 5.95 | 18.44 | 2.85 | 5.42 |
| Total expenses | 527 | 572 | 504 | 565 | 499 | 497 | 474 | 518 |
| EBITDA | 56.93 | 83.52 | 45.58 | 87.60 | 58.10 | 63.89 | 60.66 | 68.60 |
| EBITDA margin | +9.7% | +12.7% | +8.3% | +13.4% | +10.4% | +11.4% | +11.3% | +11.7% |
| Depreciation | 19.31 | 19.41 | 20.10 | 20.08 | 19.99 | 20.03 | 20.64 | 20.76 |
| Interest | 10.09 | 10.45 | 10.42 | 10.35 | 11.11 | 12.04 | 12.40 | 11.86 |
| Profit before tax | 30.13 | 59.45 | 26.89 | 61.49 | 32.95 | 50.26 | 30.47 | 41.40 |
| Tax | 7.62 | 11.32 | 6.98 | 15.60 | 8.24 | 10.75 | 11.01 | 10.98 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 27 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 797 | 858 | 706 | 808 | 674 | 682 | 602 | 681 |
| Revenue growth (YoY) | +18.2% | +25.8% | +17.3% | +18.7% | +11.4% | - | - | - |
| Other income | 5.96 | 2.04 | 2.54 | 1.22 | 2.45 | 0.00 | 1.31 | 8.16 |
| EBITDA | 79.85 | 108 | 62.07 | 104 | 44.08 | 64.00 | 63.54 | 81.43 |
| EBITDA margin | +10.0% | +12.6% | +8.8% | +12.9% | +6.5% | +9.4% | +10.6% | +12.0% |
| Depreciation | 35.40 | 35.16 | 35.73 | 35.50 | 35.12 | 33.33 | 27.27 | 26.81 |
| Interest | 19.48 | 23.04 | 23.30 | 23.99 | 25.89 | 19.91 | 16.25 | 15.53 |
| Profit before tax | 30.93 | 52.06 | 5.58 | 46.12 | (14.48) | 10.76 | 21.33 | 47.25 |
| Tax | 9.69 | 11.51 | 6.17 | 14.35 | 1.23 | 9.29 | 8.79 | 12.80 |
| Net profit | 21.24 | 40.55 | (0.59) | 31.77 | (15.71) | 1.47 | 12.54 | 34.45 |
| EPS (₹) | 0.83 | 1.59 | (0.02) | 1.25 | (0.62) | 0.06 | 0.98 | 2.70 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 3,046 | 2,569 | 2,306 | 2,026 | 1,703 | 1,200 | 1,321 |
| Revenue growth | +18.6% | +11.4% | +13.8% | +18.9% | +42.0% | -9.2% | - |
| Other income | 8.25 | 10.99 | 21.66 | 17.95 | 7.29 | 7.56 | 4.42 |
| Total expenses | 2,727 | 2,295 | 2,012 | 1,793 | 1,519 | 1,039 | 1,142 |
| Employee cost | 616 | 511 | 426 | 314 | 259 | 208 | 222 |
| EBITDA | 319 | 275 | 295 | 233 | 184 | 161 | 178 |
| EBITDA margin | +10.5% | +10.7% | +12.8% | +11.5% | +10.8% | +13.4% | +13.5% |
| Depreciation | 142 | 114 | 87.09 | 63.25 | 58.50 | 55.56 | 52.49 |
| Interest | 96.22 | 65.48 | 44.29 | 23.48 | 14.08 | 16.92 | 21.84 |
| Profit before tax | 89.28 | 106 | 185 | 164 | 119 | 95.96 | 108 |
| Tax | 33.26 | 38.04 | 46.93 | 35.60 | 28.55 | 22.27 | 21.66 |
| Net profit | 57.84 | 63.06 | 137 | 125 | 92.10 | 82.74 | 87.25 |
| Net profit margin | +1.9% | +2.5% | +6.0% | +6.2% | +5.4% | +6.9% | +6.6% |
| EPS (₹) | 2.21 | 2.73 | 10.85 | 10.13 | 7.52 | 30.56 | 35.91 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 25.51 | 25.51 | 12.76 | 12.76 | 12.07 | 12.07 | 12.07 |
| Reserves & surplus | 1,154 | 1,101 | 1,064 | 945 | 642 | 561 | 489 |
| Shareholders' funds (net worth) | 1,179 | 1,127 | 1,077 | 958 | 654 | 573 | 501 |
| Minority interest | (0.18) | (1.64) | (0.31) | 0.08 | 0.70 | 0.46 | 0.11 |
| Secured loans | 1,000 | 982 | 896 | 590 | 303 | 248 | 276 |
| Unsecured loans | 161 | 217 | 214 | 38.42 | 94.70 | 58.73 | 18.00 |
| Total debt | 1,160 | 1,199 | 1,109 | 628 | 398 | 307 | 294 |
| Total liabilities | 2,359 | 2,343 | 2,200 | 1,597 | 1,063 | 892 | 869 |
| Assets | |||||||
| Gross block | 2,526 | 2,434 | 1,562 | 1,008 | 905 | 798 | 767 |
| Net block | 1,709 | 1,749 | 986 | 506 | 468 | 413 | 429 |
| Capital work in progress | 9.99 | 28.39 | 611 | 380 | 9.06 | 18.18 | 16.70 |
| Investments | 52.42 | 55.98 | 147 | 242 | 161 | 106 | 0.01 |
| Inventories | 764 | 665 | 609 | 513 | 503 | 378 | 371 |
| Sundry debtors | 219 | 155 | 151 | 143 | 129 | 135 | 138 |
| Cash & bank balances | 63.97 | 42.61 | 32.93 | 16.05 | 15.78 | 18.73 | 30.74 |
| Loans & advances | 137 | 175 | 143 | 95.24 | 46.82 | 43.37 | 63.96 |
| Total current assets | 1,183 | 1,037 | 936 | 767 | 695 | 575 | 604 |
| Total current liabilities | 640 | 559 | 520 | 429 | 304 | 267 | 220 |
| Net working capital | 543 | 478 | 416 | 339 | 391 | 309 | 383 |
| Total assets | 2,359 | 2,343 | 2,200 | 1,597 | 1,063 | 892 | 869 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 42.50 | 32.78 | 15.92 | 15.71 | 18.63 | 30.64 | 10.23 |
| Net cash from operating activities | 292 | 210 | 194 | 169 | 71.16 | 213 | 96.26 |
| Net cash from investing activities | (79.97) | (167) | (527) | (535) | (136) | (154) | (53.80) |
| Net cash from financing activities | (191) | (33.86) | 350 | 366 | 62.22 | (70.87) | (22.06) |
| Net change in cash | 21.36 | 9.72 | 16.86 | 0.21 | (2.93) | (12.00) | 20.41 |
| Closing cash | 63.97 | 42.61 | 32.93 | 16.05 | 15.78 | 18.73 | 30.74 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +18.6% | +11.4% | +13.8% | +18.9% | +42.0% | -9.2% | - |
| EBITDA growth | +16.1% | -6.8% | +26.5% | +26.3% | +14.6% | -9.7% | - |
| PBT growth | -16.1% | -42.5% | +12.7% | +37.8% | +24.1% | -11.4% | +2.0% |
| Net income growth | -8.3% | -54.1% | +9.9% | +35.8% | +11.3% | -5.2% | - |
| Revenue CAGR (3Y) | +14.6% | +14.7% | +24.4% | +15.3% | +10.0% | +1.6% | +7.1% |
| EBITDA CAGR (3Y) | +11.0% | +14.2% | +22.4% | +9.3% | +5.2% | +2.6% | +8.8% |
| Profitability & leverage | |||||||
| Net income margin | +1.8% | +2.7% | +6.0% | +6.3% | +5.3% | +6.1% | +6.6% |
| Return on capital employed | +7.9% | +7.6% | +12.1% | +14.1% | +13.6% | +14.2% | +16.4% |
| Return on net worth | +4.9% | +6.2% | +13.6% | +15.9% | +14.8% | +15.4% | +18.7% |
| Debt / equity | 1.02 | 1.05 | 0.85 | 0.64 | 0.57 | 0.56 | 0.61 |
| Long-term debt / equity | 0.74 | 0.71 | 0.56 | 0.37 | 0.27 | 0.20 | 0.17 |
| Interest cover | 54.28 | 40.70 | 21.34 | 13.84 | 11.18 | 16.07 | 17.37 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.23 | 1.29 | 1.80 | 2.12 | 2.00 | 1.53 | 1.91 |
| Inventory turnover | 4.26 | 4.03 | 4.11 | 3.98 | 3.86 | 3.20 | 3.89 |
| Debtors turnover | 16.30 | 16.76 | 15.68 | 14.91 | 12.90 | 8.79 | 8.40 |
| EPS (₹) | 2.21 | 2.73 | 10.85 | 10.13 | 7.52 | 30.56 | 35.91 |
| Dividend per share (₹) | 0.40 | 0.40 | 1.65 | 1.50 | 1.20 | 5.00 | 4.00 |
| Book value per share (₹) | 46.23 | 44.17 | 84.42 | 75.45 | 54.22 | 237.60 | 207.43 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 584 | 655 | 549 | 653 | 557 | 560 | 535 | 586 |
| Revenue growth (YoY) | +4.8% | +17.0% | +2.8% | +11.4% | +6.0% | - | - | - |
| Other income | 2.60 | 5.79 | 11.83 | 4.32 | 5.95 | 18.44 | 2.85 | 5.42 |
| Total expenses | 527 | 572 | 504 | 565 | 499 | 497 | 474 | 518 |
| EBITDA | 56.93 | 83.52 | 45.58 | 87.60 | 58.10 | 63.89 | 60.66 | 68.60 |
| EBITDA margin | +9.7% | +12.7% | +8.3% | +13.4% | +10.4% | +11.4% | +11.3% | +11.7% |
| Depreciation | 19.31 | 19.41 | 20.10 | 20.08 | 19.99 | 20.03 | 20.64 | 20.76 |
| Interest | 10.09 | 10.45 | 10.42 | 10.35 | 11.11 | 12.04 | 12.40 | 11.86 |
| Profit before tax | 30.13 | 59.45 | 26.89 | 61.49 | 32.95 | 50.26 | 30.47 | 41.40 |
| Tax | 7.62 | 11.32 | 6.98 | 15.60 | 8.24 | 10.75 | 11.01 | 10.98 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,415 | 2,207 | 2,124 | 1,851 | 1,559 | 1,126 | 1,227 |
| Revenue growth | +9.4% | +3.9% | +14.7% | +18.7% | +38.5% | -8.2% | - |
| Other income | 27.89 | 30.04 | 34.15 | 34.46 | 17.47 | 3.62 | 22.65 |
| Total expenses | 2,140 | 1,956 | 1,858 | 1,656 | 1,399 | 975 | 1,066 |
| Employee cost | 434 | 389 | 342 | 254 | 209 | 167 | 179 |
| EBITDA | 275 | 250 | 265 | 195 | 160 | 151 | 161 |
| EBITDA margin | +11.4% | +11.4% | +12.5% | +10.5% | +10.3% | +13.4% | +13.1% |
| Depreciation | 79.58 | 81.67 | 73.54 | 58.46 | 54.31 | 51.79 | 48.98 |
| Interest | 42.33 | 46.43 | 36.90 | 22.91 | 13.48 | 16.03 | 20.30 |
| Profit before tax | 181 | 152 | 189 | 148 | 110 | 87.11 | 114 |
| Tax | 42.14 | 39.78 | 43.09 | 27.01 | 24.25 | 20.26 | 21.68 |
| Net profit | 141 | 107 | 146 | 117 | 86.22 | 75.69 | 93.24 |
| Net profit margin | +5.8% | +4.9% | +6.9% | +6.3% | +5.5% | +6.7% | +7.6% |
| EPS (₹) | 5.43 | 4.41 | 11.43 | 9.52 | 7.07 | 27.70 | 38.38 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 25.51 | 25.51 | 12.76 | 12.70 | 12.07 | 12.07 | 12.07 |
| Reserves & surplus | 1,242 | 1,112 | 1,034 | 908 | 620 | 546 | 479 |
| Shareholders' funds (net worth) | 1,268 | 1,137 | 1,046 | 921 | 632 | 558 | 491 |
| Secured loans | 437 | 372 | 370 | 390 | 281 | 222 | 232 |
| Unsecured loans | 127 | 185 | 156 | 65.49 | 89.06 | 52.48 | 18.00 |
| Total debt | 564 | 557 | 526 | 455 | 370 | 275 | 250 |
| Total liabilities | 1,847 | 1,711 | 1,585 | 1,386 | 1,012 | 845 | 809 |
| Assets | |||||||
| Gross block | 1,220 | 1,187 | 1,137 | 900 | 796 | 752 | 720 |
| Net block | 562 | 594 | 621 | 443 | 393 | 399 | 411 |
| Capital work in progress | 8.18 | 16.53 | 34.50 | 125 | 4.58 | 17.05 | 15.69 |
| Investments | 956 | 762 | 575 | 488 | 287 | 177 | 70.57 |
| Inventories | 496 | 482 | 479 | 452 | 445 | 331 | 333 |
| Sundry debtors | 214 | 148 | 153 | 124 | 124 | 137 | 121 |
| Cash & bank balances | 21.82 | 19.85 | 18.15 | 7.02 | 8.54 | 10.89 | 25.29 |
| Loans & advances | 65.30 | 86.08 | 82.14 | 63.84 | 38.48 | 31.54 | 50.74 |
| Total current assets | 797 | 736 | 732 | 647 | 617 | 510 | 530 |
| Total current liabilities | 486 | 409 | 381 | 333 | 286 | 258 | 207 |
| Net working capital | 311 | 327 | 351 | 314 | 331 | 253 | 323 |
| Total assets | 1,847 | 1,711 | 1,585 | 1,386 | 1,012 | 845 | 809 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 19.74 | 18.06 | 6.94 | 8.47 | 10.80 | 25.19 | 6.04 |
| Net cash from operating activities | 267 | 243 | 218 | 154 | 51.03 | 190 | 129 |
| Net cash from investing activities | (212) | (197) | (160) | (383) | (122) | (154) | (78.95) |
| Net cash from financing activities | (52.82) | (44.57) | (47.07) | 227 | 68.53 | (50.43) | (30.41) |
| Net change in cash | 1.97 | 1.68 | 11.12 | (1.53) | (2.33) | (14.39) | 19.15 |
| Closing cash | 21.82 | 19.85 | 18.15 | 7.02 | 8.54 | 10.89 | 25.29 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +9.4% | +3.9% | +14.7% | +18.7% | +38.5% | -8.2% | - |
| EBITDA growth | +9.7% | -5.6% | +36.2% | +21.8% | +5.7% | -6.0% | - |
| PBT growth | +18.6% | -19.4% | +27.8% | +34.9% | +25.8% | -23.8% | +25.5% |
| Net income growth | +31.4% | -26.2% | +24.2% | +36.0% | +13.9% | -18.8% | - |
| Revenue CAGR (3Y) | +9.3% | +12.3% | +23.6% | +14.7% | +9.2% | +2.0% | +8.1% |
| EBITDA CAGR (3Y) | +12.2% | +16.1% | +20.6% | +6.6% | +4.9% | +3.5% | +9.1% |
| Profitability & leverage | |||||||
| Net income margin | +5.7% | +5.1% | +6.9% | +6.5% | +5.5% | +5.9% | +7.6% |
| Return on capital employed | +12.5% | +12.1% | +15.2% | +14.3% | +13.3% | +14.0% | +18.1% |
| Return on net worth | +11.5% | +10.3% | +14.8% | +15.6% | +14.3% | +14.4% | +20.4% |
| Debt / equity | 0.47 | 0.50 | 0.50 | 0.53 | 0.54 | 0.50 | 0.54 |
| Long-term debt / equity | 0.25 | 0.22 | 0.22 | 0.27 | 0.26 | 0.19 | 0.17 |
| Interest cover | 21.68 | 27.51 | 19.25 | 16.80 | 12.76 | 16.11 | 18.13 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.01 | 1.90 | 2.09 | 2.18 | 2.01 | 1.53 | 1.88 |
| Inventory turnover | 4.94 | 4.59 | 4.56 | 4.12 | 4.02 | 3.39 | 3.95 |
| Debtors turnover | 13.34 | 14.67 | 15.34 | 14.93 | 11.94 | 8.74 | 9.45 |
| EPS (₹) | 5.43 | 4.41 | 11.43 | 9.52 | 7.07 | 27.70 | 38.38 |
| Dividend per share (₹) | 0.40 | 0.40 | 1.65 | 1.50 | 1.20 | 5.00 | 4.00 |
| Book value per share (₹) | 49.69 | 44.57 | 82.00 | 72.50 | 52.36 | 231.35 | 203.27 |
To see the full year-wise statements and ratios of Greenlam Industries Limited, buy the company report.
Board of directors of Greenlam Industries Limited
Greenlam Industries has 8 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parul Mittal Also directs: Greenlam Limited, SM Greenlam Investments Private Limited, Prime Properties Private Limited and 1 more | Whole-Time Director | 24 Aug 2015 | 11 Years 2 Months | Current |
| Sandip Das Also directs: Polyplex Corporation Limited, Dasthe Way LLP | Director | 13 Jun 2019 | 7 Years 4 Months | Current |
| Yogesh Kapur Also directs: Polyplex Corporation Limited, Kirloskar Oil Engines Limited, Ask Automotive Limited and 5 more | Director | 12 Aug 2021 | 5 Years 2 Months | Current |
| Jalaj Ashwin Dani | Director | 29 Jun 2023 | 3 Years 3 Months | Current |
| Shiv Prakash Mittal Also directs: Greenpanel Industries Limited, Niranjan Infrastructure Private Limited, Bluesky Projects Private Limited and 1 more | Director | 12 Aug 2013 | 13 Years 2 Months | Current |
| Matangi Gowrishankar Also directs: Akums Drugs and Pharmaceuticals Limited, Cohance Lifesciences Limited, Dhoot Transmission Limited and 5 more | Director | 28 Aug 2020 | 6 Years 1 Months | Current |
Showing 6 of 8 current directors. View all directors
Peer comparison
Greenlam Industries Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Century Plyboards (India) Ltd. | ₹4,538.08 Cr (FY 2025) | 15.0% | Kolkata, West Bengal, India | |||
| Greenlam Industries Limitedthis company | ₹3,046.08 Cr (FY 2026) | ₹57.84 Cr | 1.9% | 18.6% | 2,520 | New Delhi, Delhi, India |
| Greenply Industries Ltd | ₹2,504.08 Cr (FY 2025) | 14.0% | Kolkata, West Bengal, India | |||
| Merino Industries Limited | ₹2,354.98 Cr (FY 2025) | 2.0% | Kolkata, West Bengal, India | |||
| Balaji Action Buildwell Private Limited | ₹1,969.07 Cr (FY 2025) | 11.0% | Delhi, India | |||
| Stylam Industries Limited | ₹1,032.59 Cr (FY 2025) | 12.0% | Chandigarh Ut, Chandigarh, India |
To see the full peer comparison of Greenlam Industries Limited, buy the company report.
Auditor
Greenlam Industries Limited is audited by S S Kothari Mehta and Company for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S Kothari Mehta and Company | FY 2022 | 000756N |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 51.00%, foreign institutional investors hold 1.50%, domestic institutional investors hold 10.90% and retail and other public shareholders hold 36.60%.
Sep 2026
QUARTER
51.00% Promoters
10.90% DII (Domestic Institutional)
1.50% FII (Foreign Institutional)
36.60% Retail & Others
Promoter holding - history
Now 51.00% · Sep 2026High 51.00% · Dec 2025Low 51.00% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 51.00% | 51.00% | 51.00% | 51.00% |
| Public | 49.00% | 49.00% | 49.00% | 49.00% |
Charges & borrowings
Open charges
₹1,575 Cr
Satisfied charges
₹1,218.85 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Oct 2025 | 101180141 | Others | ₹100 Cr | Open | |
| 02 Jul 2024 | 100950519 | Others | ₹150 Cr | Open | |
| 12 Jul 2022 | 100597959 | Others | ₹100 Cr | Open | |
| 01 Oct 2021 | 100488458 | Others | ₹775 Cr | Open | |
| 27 Nov 2020 | 100393753 | Standard Chartered Bank | ₹65 Cr | Open |
To see the full charge records of Greenlam Industries Limited, buy the company report.
Total charge records: 29 View all charges
Deals & funding
Greenlam Industries Limited has 24 deals on record (23 market trades, 1 funding round), with disclosed funding of ₹195 Cr; the latest was in December 2025.
Total deals
24
Market trades
23
Funding round
1
Disclosed funding
₹195 Cr
Deals on record (5 of 24)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2025 | Market trade | ₹231.62 Cr | Buyer: Upnishad Holdings Private Limited Seller: Hydra Trading Private Limited |
| Sep 2025 | Market trade | ₹227.04 Cr | Buyer: Upnishad Holdings Private Limited Seller: Hydra Trading Private Limited |
| Mar 2023 | Market trade | ₹278.76 Cr | Buyer: Hydra Trading Private Limited Seller: Smiti Holding and Trading Company Private Limited |
| Mar 2023 | Market trade | ₹306.88 Cr | Buyer: Asiana Fund I Seller: Smiti Holding and Trading Company Private Limited |
| May 2022 | Market trade | ₹180 Cr | Buyer: Hydra Trading Private Limited Seller: an individual |
To see the full deal history of Greenlam Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Greenlam Industries Limited has 116 court cases on record: 97 filed by Greenlam Industries, 19 filed against it. 35 cases are pending and 81 are disposed.
Total cases
116
Filed by the company
97
Filed against the company
19
Pending
35
Disposed
81
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 72 | 16 | 24 |
| High courts | 42 | 3 | 11 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 116)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed against the company by Woodwise India Pvt Ltd | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by The New India Assurance Company Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Urc Construction Pvt Ltd | Pending |
| High Court, TAMIL NADU | Appeal | Filed by the company against East Coast Constructions and Industries Limited and 5 others | Pending |
| District court, Central, Delhi | Cheque dishonour complaint | Filed by the company against Glint Infratech Private Limited | Pending |
To see the full case history of Greenlam Industries Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Greenlam Industries Limited was last rated by Care on 07 Jul 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 07 Jul 2022 |
To see the full credit ratings and regulatory alerts of Greenlam Industries Limited, buy the company report.
MSME payment delays
Greenlam Industries Limited has 6 MSME Form 1 returns on record between 2020 and 2024, listing 134 overdue payments to 42 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 42)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Electromech & Transtech Private Limited | |||
| an individual supplier | |||
| Bodhi Metrology Centre | |||
| Zircon Technologies (India) Limited |
To see the full MSME payment records of Greenlam Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Greenlam Industries has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| HG Industries Limited | L20100DL1987PLC408363 | |
| Greenlam South Limited | U21096DL2019PLC418200 |
To see the full group structure of Greenlam Industries Limited, buy the company report.
Employees & EPFO
Greenlam Industries Limited has a workforce of 2,520 employees on its EPFO records as of Apr 02, 2024, across 4 active EPFO establishments.
Employee count
2,520
Active EPFO establishments
4
Employee growth
19.21%
GST
Greenlam Industries has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
Total GSTINs
4
Cancelled / inactive
4
To see the full GST registrations and return filing status of Greenlam Industries Limited, buy the company report.
Recent activity
Greenlam Industries Limited has 19 board changes on record since 2013: 14 appointments and 5 cessations. The latest: Jalaj Ashwin Dani was appointed as Director on 29 Jun 2023.
Filing
Greenlam Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Delhi I.
Charges
A charge with Others amounted to Rs. 100.00 Cr with Charge ID 101180141 was registered on 28 Oct 2025.
Charges
A charge registered on 26 Feb 2020 via Charge ID 100327077 with Others was fully satisfied on 10 Sep 2025.
AGM
Greenlam Industries Limited last Annual general meeting of members was held on 31 Jul 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 775.00 Cr registered on 01 Oct 2021 with Charge ID 100488458 was modified on 24 Apr 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 100.00 Cr registered on 27 Nov 2020 with Charge ID 100394372 was modified on 05 Mar 2025.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 50.00 Cr registered on 27 Nov 2020 with Charge ID 100394850 was modified on 14 Feb 2025.
Charges
A charge with Citi Bank N.A. of Rs. 85.00 Cr registered on 27 Nov 2020 with Charge ID 100396017 was modified on 31 Jan 2025.
Charges
A charge with Idbi Bank Limited of Rs. 45.00 Cr registered on 27 Nov 2020 with Charge ID 100395559 was modified on 16 Jan 2025.
Charges
A charge with Others of Rs. 100.00 Cr registered on 12 Jul 2022 with Charge ID 100597959 was modified on 10 Jan 2025.
Charges
A charge with Standard Chartered Bank of Rs. 65.00 Cr registered on 27 Nov 2020 with Charge ID 100393753 was modified on 03 Jan 2025.
Charges
A charge with Others of Rs. 105.00 Cr registered on 27 Nov 2020 with Charge ID 100395963 was modified on 03 Jan 2025.
75 earlier events are in the company report.
News
Frequently asked questions
Greenlam Industries is an active public limited company based in New Delhi, Delhi, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 12 August 2013 (13+ years old) and is registered under CIN L21016DL2013PLC386045. Listed on BSE: 538979 and NSE: GREENLAM.
Greenlam Industries reported revenue of ₹3,046.08 Cr for FY 2025-26 (up 18.6% YoY) based on consolidated financials.
Greenlam Industries has 8 current directors:
- Saurabh Mittal - Managing Director
- Parul Mittal - Whole-Time Director
- Sandip Das - Director
- Yogesh Kapur - Director
- Jalaj Ashwin Dani - Director
- Shiv Prakash Mittal - Director
- Matangi Gowrishankar - Director
- Rahul Chhabra - Director
The latest financial statements of Greenlam Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 31 July 2025. Year-wise statements from 2015 are in the company report.
No. Greenlam Industries has 4 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Greenlam Industries is L21016DL2013PLC386045. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Greenlam Industries is a listed company as per MCA records. Its shares are listed on both BSE (code: 538979) and NSE (symbol: GREENLAM).
Greenlam Industries has 116 court cases on record: 97 filed by the company and 19 filed against it. 35 are pending. Most are in the district courts.
Greenlam Industries was incorporated on 12 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Delhi.
Greenlam Industries has 24 deals on record (23 market trades, 1 funding round), with disclosed funding of ₹195 Cr; the latest was in December 2025.
The peers of Greenlam Industries by revenue are Century Plyboards (India) Ltd, Greenply Industries Ltd, Merino Industries Limited, Balaji Action Buildwell Private Limited, Stylam Industries Limited, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Jalaj Ashwin Dani was appointed as Director on 29 Jun 2023. Rahul Chhabra was appointed as Director on 21 May 2023. Vijay Kumar Chopra ceased to be Director on 10 Aug 2022. Greenlam Industries has 19 board changes on record in total.