India's Richest People 2026 edition · 1 director · Source: Hurun India
- #709 Shiv Prakash Mittal & family ₹4,500 Cr
Market Cap
₹1,702 Cr
GREENPANEL · NSE
Share Price
₹132.30
-4.70% 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)
11.4x
P/B 1.2x
ROE
11.4%
ROCE 12.8%
Debt / Equity
0.21
Interest cover 7.1x
About Greenpanel Industries Limited
Data last updated:
Greenpanel Industries Limited is a public limited company based in Gurgaon, Haryana, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 13 December 2017 and has been in existence for over 9 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), Haryana, under CIN L20100HR2017PLC127303. Its GSTIN is 06AAHCG1211B1ZG (Haryana). The company holds 8 GST registrations, of which 4 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 542857 and NSE: GREENPANEL.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹12.26 Cr. It is led by directors including Shobhan Mittal (Managing Director) and Shiv Prakash Mittal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 06 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Sector 25, Gurgaon, Haryana.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹1,539.37 Cr, a growth of 7.2% compared to the previous year. For the same year it recorded a net loss of ₹29.12 Cr (net margin -1.9%) and EBITDA of ₹79.75 Cr (EBITDA margin 5.2%). The net worth stands at ₹1,355.87 Cr (down 2.1% YoY). Total assets are valued at ₹1,741.77 Cr (down 4.9% YoY).
The company has about 949 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Greenpanel. As per MCA filings, the company has open charges of ₹815.77 Cr and satisfied charges of ₹499.59 Cr on record. Court records list 82 cases involving the company, including 75 filed by the company and 7 filed against it; 54 cases are pending. The company has 9 deals on record (9 market trades); the latest was in September 2025. Its 9 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, 5 larger and 4 smaller; the largest is Century Plyboards (India) Ltd. with revenue of ₹4,538.08 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website greenpanel.com.
Company details
CIN L20100HR2017PLC127303
Registration Number 127303
Incorporation Date 13 December 2017
ROC Haryana
Listing Status Listed - Listed on NSE (GREENPANEL); Listed on BSE (542857)
Company Status Active
Date of Last AGM 06 August 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
CIN history
Greenpanel Industries has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L20100HR2017PLC127303, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L20100HR2017PLC127303 | Current |
| U20100AS2017PLC018272 | Previous |
| L20100WB2017PLC265977 | Previous |
| L20100AS2017PLC018272 | Previous |
Key People
Shobhan Mittal Managing Director Shiv Prakash Mittal Whole-Time Director Salil Kumar Bhandari Director Recognitions & Rankings of Greenpanel Industries
Contact details
Greenpanel Industries Limited's registered office is in Gurgaon, Haryana. Its website is greenpanel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDLF Downtown Block 3 1st Floor, DLF Phase 3 Sector 25A, Gurgaon, Haryana, India – 122002
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Greenpanel Industries Limited, buy the company report.
Comprehensive company report
Greenpanel 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
Greenpanel Industries operates one associated brand: Greenpanel. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Wood panels are manufactured for construction and interior applications. | greenpanel.com |
Financials of Greenpanel Industries Limited
FY 2025-26 filings availableGreenpanel Industries Limited reported revenue of ₹1,539.37 Cr (up 7.2% YoY) for FY 2025-26.
Financial Highlights
FY 2023-24 · ConsolidatedRevenue
₹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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,567 | 1,783 | 1,625 | 1,021 | 877 | 599 | 0.00 |
| Revenue growth | -12.1% | +9.7% | +59.2% | +16.5% | +46.3% | - | - |
| EBITDA | 246 | 412 | 430 | 203 | 127 | 77.35 | (0.05) |
| EBITDA margin | +15.7% | +23.1% | +26.5% | +19.9% | +14.5% | +12.9% | - |
| Profit before tax | 183 | 351 | 349 | 101 | 11.70 | 12.39 | (0.05) |
| Net profit | 143 | 253 | 242 | 71.33 | 23.14 | 34.63 | (0.05) |
| Net profit margin | +9.1% | +14.2% | +14.9% | +7.0% | +2.6% | +5.8% | - |
| EPS (₹) | 11.64 | 20.92 | 19.61 | 5.61 | 1.18 | 0.00 | 0.00 |
| Balance sheet | |||||||
| Total assets | 1,622 | 1,439 | 1,287 | 1,240 | 1,287 | 1,298 | 0.05 |
| Net worth | 1,317 | 1,194 | 952 | 730 | 662 | 646 | 0.05 |
| Total debt | 296 | 228 | 316 | 447 | 561 | 587 | 0.00 |
| Cash & bank | 140 | 378 | 223 | 71.99 | 11.55 | 19.85 | 0.05 |
| Net working capital | 264 | 470 | 299 | 160 | 145 | 140 | 0.05 |
| Cash flow | |||||||
| Cash from operations | 135 | 337 | 366 | 155 | 99.81 | 16.94 | (0.05) |
| Cash from investing | (158) | (248) | (136) | (10.89) | (22.34) | (99.49) | 0.00 |
| Cash from financing | 50.32 | (134) | (185) | (142) | (85.78) | 102 | 0.10 |
| Particulars | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 397 | 386 | 399 | 386 | 441 | 420 | 457 | 464 |
| Revenue growth (YoY) | -10.2% | -8.2% | -12.8% | -16.8% | -6.1% | - | - | - |
| Other income | 7.39 | 1.31 | 6.80 | 6.37 | 8.52 | (4.05) | 13.73 | 7.25 |
| EBITDA | 51.30 | 60.29 | 69.08 | 65.79 | 76.23 | 92.02 | 117 | 132 |
| EBITDA margin | +12.9% | +15.6% | +17.3% | +17.0% | +17.3% | +21.9% | +25.5% | +28.3% |
| Depreciation | 18.25 | 17.93 | 18.50 | 18.22 | 17.19 | 18.31 | 18.23 | 18.25 |
| Interest | 0.17 | 6.22 | 1.91 | 3.96 | 3.24 | 11.39 | 1.79 | 2.63 |
| Profit before tax | 40.27 | 37.45 | 55.47 | 49.98 | 64.32 | 58.27 | 110 | 118 |
| Tax | 10.46 | 2.83 | 14.47 | 12.73 | (4.61) | 20.76 | 37.97 | 40.32 |
| Net profit | 29.81 | 34.62 | 41.00 | 37.25 | 68.93 | 37.51 | 72.46 | 77.59 |
| EPS (₹) | 2.43 | 2.82 | 3.34 | 3.04 | 5.62 | 3.06 | 5.91 | 6.33 |
| 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 | 1,539 | 1,436 | 1,567 | 1,783 | 1,624 | 1,020 | 860 |
| Revenue growth | +7.2% | -8.4% | -12.1% | +9.8% | +59.3% | +18.6% | - |
| EBITDA | 79.75 | 131 | 217 | 375 | 418 | 205 | 124 |
| EBITDA margin | +5.2% | +9.1% | +13.9% | +21.1% | +25.7% | +20.1% | +14.5% |
| Profit before tax | (43.75) | 69.68 | 183 | 317 | 342 | 108 | 13.45 |
| Net profit | (29.12) | 72.09 | 134 | 248 | 235 | 76.36 | 25.21 |
| Net profit margin | -1.9% | +5.0% | +8.6% | +13.9% | +14.5% | +7.5% | +2.9% |
| EPS (₹) | (2.38) | 5.88 | 11.03 | 18.75 | 19.03 | 6.21 | 1.32 |
| Balance sheet | |||||||
| Total assets | 1,742 | 1,832 | 1,622 | 1,447 | 1,299 | 1,264 | 1,313 |
| Net worth | 1,356 | 1,385 | 1,317 | 1,201 | 987 | 773 | 697 |
| Total debt | 370 | 413 | 296 | 228 | 292 | 459 | 555 |
| Cash & bank | 197 | 105 | 140 | 356 | 221 | 72.10 | 9.66 |
| Net working capital | 362 | 218 | 264 | 448 | 288 | 164 | 142 |
| Cash flow | |||||||
| Cash from operations | 111 | 77.80 | 135 | 339 | 360 | 211 | 101 |
| Cash from investing | 16.65 | (166) | (156) | (254) | (137) | (76.62) | (27.52) |
| Cash from financing | (115) | 82.16 | 50.32 | (131) | (180) | (131) | (82.45) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 350 | 399 | 416 | 396 | 328 | 375 | 359 | 337 |
| Revenue growth (YoY) | +6.6% | +6.5% | +15.8% | +17.5% | -10.1% | - | - | - |
| Other income | 2.61 | 4.59 | 3.43 | 3.07 | 3.42 | 3.90 | 6.56 | 6.21 |
| Total expenses | 320 | 369 | 375 | 371 | 344 | 327 | 342 | 307 |
| EBITDA | 29.90 | 29.96 | 40.84 | 24.77 | (15.83) | 47.96 | 17.35 | 29.87 |
| EBITDA margin | +8.5% | +7.5% | +9.8% | +6.3% | -4.8% | +12.8% | +4.8% | +8.9% |
| Depreciation | 24.79 | 24.63 | 25.39 | 25.81 | 25.47 | 19.78 | 19.40 | 19.30 |
| Interest | 5.58 | 8.86 | 7.43 | 10.91 | 9.51 | 2.36 | (0.70) | 3.38 |
| Profit before tax | 2.14 | 1.06 | 11.45 | (8.88) | (47.39) | 29.72 | 5.21 | 13.40 |
| Tax | 0.90 | (0.32) | 1.21 | (2.75) | (12.77) | 0.32 | (3.30) | (5.11) |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 30 Oct 2026
| Particulars | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 397 | 386 | 399 | 386 | 441 | 420 | 457 | 464 |
| Revenue growth (YoY) | -10.2% | -8.2% | -12.8% | -16.8% | -6.1% | - | - | - |
| Other income | 7.39 | 1.31 | 6.80 | 6.37 | 8.52 | (4.05) | 13.73 | 7.25 |
| EBITDA | 51.30 | 60.29 | 69.08 | 65.79 | 76.23 | 92.02 | 117 | 132 |
| EBITDA margin | +12.9% | +15.6% | +17.3% | +17.0% | +17.3% | +21.9% | +25.5% | +28.3% |
| Depreciation | 18.25 | 17.93 | 18.50 | 18.22 | 17.19 | 18.31 | 18.23 | 18.25 |
| Interest | 0.17 | 6.22 | 1.91 | 3.96 | 3.24 | 11.39 | 1.79 | 2.63 |
| Profit before tax | 40.27 | 37.45 | 55.47 | 49.98 | 64.32 | 58.27 | 110 | 118 |
| Tax | 10.46 | 2.83 | 14.47 | 12.73 | (4.61) | 20.76 | 37.97 | 40.32 |
| Net profit | 29.81 | 34.62 | 41.00 | 37.25 | 68.93 | 37.51 | 72.46 | 77.59 |
| EPS (₹) | 2.43 | 2.82 | 3.34 | 3.04 | 5.62 | 3.06 | 5.91 | 6.33 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,567 | 1,783 | 1,625 | 1,021 | 877 | 599 | 0.00 |
| Revenue growth | -12.1% | +9.7% | +59.2% | +16.5% | +46.3% | - | - |
| Other income | 21.87 | 30.20 | 8.96 | 3.45 | 2.23 | 12.70 | 0.00 |
| Total expenses | 1,321 | 1,371 | 1,195 | 817 | 750 | 522 | 0.05 |
| Employee cost | 141 | 140 | 128 | 97.90 | 98.89 | 80.76 | 0.00 |
| EBITDA | 246 | 412 | 430 | 203 | 127 | 77.35 | (0.05) |
| EBITDA margin | +15.7% | +23.1% | +26.5% | +19.9% | +14.5% | +12.9% | - |
| Depreciation | 72.89 | 71.97 | 73.36 | 68.63 | 69.17 | 53.03 | 0.00 |
| Interest | 12.26 | 19.04 | 17.10 | 37.21 | 48.29 | 24.63 | 0.00 |
| Profit before tax | 183 | 351 | 349 | 101 | 11.70 | 12.39 | (0.05) |
| Tax | 40.49 | 94.44 | 108 | 32.16 | (2.75) | (22.19) | 0.00 |
| Net profit | 143 | 253 | 242 | 71.33 | 23.14 | 34.63 | (0.05) |
| Net profit margin | +9.1% | +14.2% | +14.9% | +7.0% | +2.6% | +5.8% | - |
| EPS (₹) | 11.64 | 20.92 | 19.61 | 5.61 | 1.18 | 0.00 | 0.00 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 12.26 | 12.26 | 12.26 | 12.26 | 12.26 | 12.26 | 0.10 |
| Reserves & surplus | 1,305 | 1,182 | 939 | 718 | 649 | 633 | (0.05) |
| Shareholders' funds (net worth) | 1,317 | 1,194 | 952 | 730 | 662 | 646 | 0.05 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 268 | 190 | 283 | 443 | 557 | 563 | 0.00 |
| Unsecured loans | 28.12 | 37.20 | 32.94 | 3.78 | 3.88 | 23.05 | 0.00 |
| Total debt | 296 | 228 | 316 | 447 | 561 | 587 | 0.00 |
| Total liabilities | 1,622 | 1,439 | 1,287 | 1,240 | 1,287 | 1,298 | 0.05 |
| Assets | |||||||
| Gross block | 1,503 | 1,459 | 1,471 | 1,452 | 1,441 | 1,405 | 0.00 |
| Net block | 982 | 992 | 1,038 | 1,074 | 1,111 | 1,138 | 0.00 |
| Capital work in progress | 313 | 4.89 | 0.00 | 3.58 | 5.69 | 3.79 | 0.00 |
| Investments | 97.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 202 | 153 | 166 | 149 | 154 | 134 | 0.00 |
| Sundry debtors | 29.04 | 44.40 | 41.44 | 77.76 | 70.52 | 45.62 | 0.00 |
| Cash & bank balances | 140 | 378 | 223 | 71.99 | 11.55 | 19.85 | 0.05 |
| Loans & advances | 60.99 | 59.19 | 56.42 | 56.15 | 80.96 | 87.86 | 0.00 |
| Total current assets | 432 | 634 | 486 | 355 | 317 | 288 | 0.05 |
| Total current liabilities | 168 | 164 | 187 | 195 | 172 | 148 | 0.00 |
| Net working capital | 264 | 470 | 299 | 160 | 145 | 140 | 0.05 |
| Total assets | 1,622 | 1,439 | 1,287 | 1,240 | 1,287 | 1,298 | 0.05 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Opening cash | 13.27 | 57.38 | 13.07 | 11.26 | 19.57 | 0.05 | 0.00 |
| Net cash from operating activities | 135 | 337 | 366 | 155 | 99.81 | 16.94 | (0.05) |
| Net cash from investing activities | (158) | (248) | (136) | (10.89) | (22.34) | (99.49) | 0.00 |
| Net cash from financing activities | 50.32 | (134) | (185) | (142) | (85.78) | 102 | 0.10 |
| Net change in cash | 26.78 | (44.11) | 44.31 | 1.82 | (8.31) | 19.52 | 0.05 |
| Closing cash | 140 | 378 | 223 | 71.99 | 11.55 | 19.85 | 0.05 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 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 / equity | 0.21 | 0.25 | 0.45 | 0.72 | 0.88 | 0.91 | 0.00 |
| Long-term debt / equity | 0.17 | 0.16 | 0.33 | 0.57 | 0.69 | 0.73 | 0.00 |
| Interest cover | 7.06 | 5.60 | 4.79 | 27.62 | 83.60 | 101.27 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.06 | 1.22 | 1.11 | 0.71 | 0.62 | 0.85 | 0.00 |
| Inventory turnover | 8.85 | 11.20 | 10.31 | 6.73 | 6.08 | 8.91 | 0.00 |
| Debtors turnover | 42.68 | 41.54 | 27.27 | 13.77 | 15.10 | 26.27 | 0.00 |
| EPS (₹) | 11.64 | 20.92 | 19.61 | 5.61 | 1.18 | 0.00 | 0.00 |
| Dividend per share (₹) | 1.50 | 1.50 | 1.50 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 107.41 | 97.36 | 77.60 | 59.56 | 53.96 | 0.00 | 0.48 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 350 | 399 | 416 | 396 | 328 | 375 | 359 | 337 |
| Revenue growth (YoY) | +6.6% | +6.5% | +15.8% | +17.5% | -10.1% | - | - | - |
| Other income | 2.61 | 4.59 | 3.43 | 3.07 | 3.42 | 3.90 | 6.56 | 6.21 |
| Total expenses | 320 | 369 | 375 | 371 | 344 | 327 | 342 | 307 |
| EBITDA | 29.90 | 29.96 | 40.84 | 24.77 | (15.83) | 47.96 | 17.35 | 29.87 |
| EBITDA margin | +8.5% | +7.5% | +9.8% | +6.3% | -4.8% | +12.8% | +4.8% | +8.9% |
| Depreciation | 24.79 | 24.63 | 25.39 | 25.81 | 25.47 | 19.78 | 19.40 | 19.30 |
| Interest | 5.58 | 8.86 | 7.43 | 10.91 | 9.51 | 2.36 | (0.70) | 3.38 |
| Profit before tax | 2.14 | 1.06 | 11.45 | (8.88) | (47.39) | 29.72 | 5.21 | 13.40 |
| Tax | 0.90 | (0.32) | 1.21 | (2.75) | (12.77) | 0.32 | (3.30) | (5.11) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,539 | 1,436 | 1,567 | 1,783 | 1,624 | 1,020 | 860 |
| Revenue growth | +7.2% | -8.4% | -12.1% | +9.8% | +59.3% | +18.6% | - |
| Other income | 14.50 | 22.57 | 51.53 | 29.03 | 8.24 | 2.58 | 2.04 |
| Total expenses | 1,460 | 1,305 | 1,350 | 1,407 | 1,206 | 815 | 735 |
| Employee cost | 151 | 140 | 141 | 137 | 123 | 92.76 | 92.78 |
| EBITDA | 79.75 | 131 | 217 | 375 | 418 | 205 | 124 |
| EBITDA margin | +5.2% | +9.1% | +13.9% | +21.1% | +25.7% | +20.1% | +14.5% |
| Depreciation | 101 | 77.42 | 72.89 | 68.98 | 67.99 | 63.87 | 65.38 |
| Interest | 36.71 | 6.67 | 12.26 | 18.68 | 16.46 | 35.20 | 47.67 |
| Profit before tax | (43.75) | 69.68 | 183 | 317 | 342 | 108 | 13.45 |
| Tax | (14.63) | (2.42) | 48.14 | 86.79 | 108 | 32.16 | (2.75) |
| Net profit | (29.12) | 72.09 | 134 | 248 | 235 | 76.36 | 25.21 |
| Net profit margin | -1.9% | +5.0% | +8.6% | +13.9% | +14.5% | +7.5% | +2.9% |
| EPS (₹) | (2.38) | 5.88 | 11.03 | 18.75 | 19.03 | 6.21 | 1.32 |
| 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 | 12.26 | 12.26 | 12.26 | 12.26 | 12.26 | 12.26 | 12.26 |
| Reserves & surplus | 1,344 | 1,373 | 1,305 | 1,189 | 975 | 761 | 685 |
| Shareholders' funds (net worth) | 1,356 | 1,385 | 1,317 | 1,201 | 987 | 773 | 697 |
| Secured loans | 353 | 390 | 268 | 190 | 282 | 443 | 551 |
| Unsecured loans | 17.55 | 22.82 | 28.12 | 37.20 | 9.36 | 15.61 | 3.88 |
| Total debt | 370 | 413 | 296 | 228 | 292 | 459 | 555 |
| Total liabilities | 1,742 | 1,832 | 1,622 | 1,447 | 1,299 | 1,264 | 1,313 |
| Assets | |||||||
| Gross block | 2,102 | 2,145 | 1,503 | 1,459 | 1,437 | 1,416 | 1,408 |
| Net block | 1,425 | 1,559 | 982 | 992 | 1,009 | 1,043 | 1,088 |
| Capital work in progress | 20.31 | 11.11 | 313 | 4.89 | 0.00 | 3.58 | 5.69 |
| Investments | 0.00 | 121 | 97.50 | 22.06 | 52.45 | 52.45 | 52.45 |
| Inventories | 189 | 199 | 202 | 153 | 166 | 149 | 154 |
| Sundry debtors | 88.29 | 41.79 | 29.04 | 44.40 | 41.44 | 77.76 | 70.52 |
| Cash & bank balances | 197 | 105 | 140 | 356 | 221 | 72.10 | 9.66 |
| Loans & advances | 103 | 71.99 | 60.98 | 59.19 | 56.29 | 55.06 | 80.76 |
| Total current assets | 577 | 418 | 432 | 612 | 485 | 354 | 315 |
| Total current liabilities | 215 | 200 | 168 | 164 | 197 | 191 | 173 |
| Net working capital | 362 | 218 | 264 | 448 | 288 | 164 | 142 |
| Total assets | 1,742 | 1,832 | 1,622 | 1,447 | 1,299 | 1,264 | 1,313 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 33.96 | 39.68 | 11.03 | 56.04 | 12.66 | 9.37 | 18.10 |
| Net cash from operating activities | 111 | 77.80 | 135 | 339 | 360 | 211 | 101 |
| Net cash from investing activities | 16.65 | (166) | (156) | (254) | (137) | (76.62) | (27.52) |
| Net cash from financing activities | (115) | 82.16 | 50.32 | (131) | (180) | (131) | (82.45) |
| Net change in cash | 12.35 | (5.72) | 28.65 | (45.01) | 43.37 | 3.29 | (8.73) |
| Closing cash | 197 | 105 | 140 | 356 | 221 | 72.10 | 9.66 |
| 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 | +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 / equity | 0.29 | 0.26 | 0.21 | 0.24 | 0.43 | 0.69 | 0.82 |
| Long-term debt / equity | 0.23 | 0.22 | 0.17 | 0.15 | 0.31 | 0.54 | 0.65 |
| Interest cover | -170.43 | 12.40 | 8.51 | 6.10 | 4.70 | 24.97 | 80.69 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.72 | 0.79 | 1.06 | 1.23 | 1.14 | 0.72 | 0.62 |
| Inventory turnover | 7.93 | 7.17 | 8.85 | 11.20 | 10.31 | 6.73 | 6.04 |
| Debtors turnover | 23.67 | 40.54 | 42.68 | 41.54 | 27.26 | 13.76 | 13.99 |
| EPS (₹) | (2.38) | 5.88 | 11.03 | 18.75 | 19.03 | 6.21 | 1.32 |
| Dividend per share (₹) | 0.50 | 0.30 | 1.50 | 1.50 | 1.50 | 0.00 | 0.00 |
| Book value per share (₹) | 110.57 | 112.96 | 107.41 | 97.97 | 80.50 | 63.07 | 56.83 |
To see the full year-wise statements and ratios of Greenpanel Industries Limited, buy the company report.
Board of directors of Greenpanel Industries Limited
Greenpanel Industries has 6 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shobhan Mittal Also directs: Niranjan Infrastructure Private Limited, Bluesky Projects Private Limited, Prime Holdings Pvt Ltd and 1 more | Managing Director | 13 Dec 2017 | 8 Years 10 Months | Current |
| Salil Kumar Bhandari | Director | 06 Aug 2018 | 8 Years 2 Months | Current |
| Arun Kumar Saraf Also directs: Loyalie It-Solutions Private Limited | Director | 14 Aug 2019 | 7 Years 2 Months | Current |
| Shivpriya Nanda Also directs: Jubilant Pharmova Limited, Baxy Limited | Director | 06 Jul 2022 | 4 Years 3 Months | Current |
| Mahesh Kumar Jiwrajka Also directs: Srda Advisory Services LLP, Gold Line Professionals LLP, Kapalin Advisors LLP and 1 more | Director | 06 Aug 2018 | 8 Years 2 Months | Current |
| Shiv Prakash Mittal Also directs: Greenlam Industries Limited, Niranjan Infrastructure Private Limited, Bluesky Projects Private Limited and 1 more | Whole-Time Director | 13 Dec 2017 | 8 Years 10 Months | Current |
Peer comparison
Greenpanel Industries Limited is compared with the 9 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 Limited | ₹2,580.33 Cr (FY 2025) | 11.0% | 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 | |||
| Greenpanel Industries Limitedthis company | ₹1,539.37 Cr (FY 2026) | -₹29.12 Cr | -1.9% | 7.2% | 949 | Gurgaon, Haryana, India |
| Stylam Industries Limited | ₹1,032.59 Cr (FY 2025) | 12.0% | Chandigarh Ut, Chandigarh, India | |||
| Rushil Decor Limited | ₹903.82 Cr (FY 2025) | 7.0% | Mansa, Gujarat, India | |||
| Metro Decorative Private Limited | ₹586.83 Cr (FY 2025) | 69.0% | Himachal Pradesh, India | |||
| Archidply Industries Limited | ₹557.46 Cr (FY 2025) | 27.0% | Rudrapur, Uttarakhand, India |
To see the full peer comparison of Greenpanel Industries Limited, buy the company report.
Auditor
Greenpanel Industries Limited is audited by S.S. Kothari Mehta & Co. LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.S. Kothari Mehta & Co. LLP | FY 2024 | 000756N/N500441 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 53.30%, foreign institutional investors hold 0.90%, domestic institutional investors hold 28.50% and retail and other public shareholders hold 17.30%.
Sep 2026
QUARTER
53.30% Promoters
28.50% DII (Domestic Institutional)
0.90% FII (Foreign Institutional)
17.30% Retail & Others
Promoter holding - history
Now 53.30% · Sep 2026High 53.30% · Sep 2026Low 53.10% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 53.30% | 53.10% | 53.10% | 53.10% |
| Public | 46.70% | 46.90% | 46.90% | 46.90% |
Charges & borrowings
Open charges
₹815.77 Cr
Satisfied charges
₹499.59 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jan 2025 | 101039981 | Axis Bank Limited | ₹40 Cr | Open | |
| 30 Dec 2024 | 101036572 | Citi Bank N.A. | ₹80 Cr | Open | |
| 05 Jan 2024 | 100855574 | Citi Bank N.A. | ₹60 Cr | Open | |
| 10 Nov 2023 | 100821457 | Others | ₹50 Cr | Open | |
| 11 Aug 2023 | 100764807 | Others | ₹294.27 Cr | Open |
To see the full charge records of Greenpanel Industries Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Greenpanel Industries Limited has 9 deals on record (9 market trades); the latest was in September 2025.
Total deals
9
Market trades
9
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2025 | Market trade | ₹58.42 Cr | Buyer: Graviton Research Capital LLP , Musigma Securities Seller: Graviton Research Capital LLP , Musigma Securities |
| Jul 2025 | Market trade | ₹18.75 Cr | Seller: Buoyant Capital Private Limited |
| Dec 2023 | Market trade | ₹37.97 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Mar 2021 | Market trade | ₹156.35 Cr | Buyer: Plutus Wealth Management LLP , an individual Seller: Westbridge Capital Partners, an individual |
| Mar 2021 | Market trade | ₹10.83 Cr | Buyer: Db International Stock Brokers Limited Seller: Db International Stock Brokers Limited |
To see the full deal history of Greenpanel 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
Greenpanel Industries Limited has 82 court cases on record: 75 filed by Greenpanel Industries, 7 filed against it. 54 cases are pending and 28 are disposed.
Total cases
82
Filed by the company
75
Filed against the company
7
Pending
54
Disposed
28
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 68 | 6 | 51 |
| High courts | 14 | 1 | 3 |
Cases on record (5 of 82)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against Dekorhub Designs Private Limited | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against Rajdhani Crafts Industries Pvt Ltd | Pending |
| District court, Kamrup Metro, Assam | Commercial suit | Filed against the company | Pending |
| District court, Kanpur Nagar, Uttar Pradesh | Civil suit | Filed against the company by M/S Smart Home Solutions | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against Maa Gayatri Traders | Pending |
To see the full case history of Greenpanel 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
Greenpanel Industries Limited was last rated by Care on 02 Aug 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 02 Aug 2022 |
To see the full credit ratings and regulatory alerts of Greenpanel Industries Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Greenpanel Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Greenpanel Industries Limited has a workforce of 949 employees on its EPFO records as of Aug 20, 2025, across 2 active EPFO establishments.
Employee count
949
Active EPFO establishments
2
Employee growth
-1.96%
GST
Greenpanel Industries has 8 GST registrations: 4 active and 4 cancelled or inactive.
Total GSTINs
8
Active
4
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAHCG1211B1ZG | Haryana | Active | 07 Feb 2019 |
| 05AAHCG1211B2ZH | Uttarakhand | Active | 07 Feb 2019 |
| 19AAHCG1211B1Z9 | West Bengal | Active | 16 Feb 2019 |
| 07AAHCG1211B1ZE | Delhi | Active | 07 Aug 2022 |
To see the full GST registrations and return filing status of Greenpanel Industries Limited, buy the company report.
Recent activity
Greenpanel Industries Limited has 18 board changes on record since 2017: 8 appointments and 10 cessations. The latest: Himanshu Jindal was appointed as CFO on 02 Jun 2025.
Charges
A charge with Others of Rs. 50.00 Cr registered on 10 Nov 2023 with Charge ID 100821457 was modified on 01 Jun 2026.
Filing
Greenpanel Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Haryana.
AGM
Greenpanel Industries Limited last Annual general meeting of members was held on 06 Aug 2025 as per latest MCA records.
Appointed
Himanshu Jindal was appointed as CFO.
Ceased
Venkatramani Vishwanathan ceased to be CFO.
Charges
A charge registered on 26 Feb 2021 via Charge ID 100421542 with Others was fully satisfied on 13 May 2025.
Charges
A charge registered on 10 Jan 2024 via Charge ID 100856165 with Others was fully satisfied on 10 Mar 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 40.00 Cr with Charge ID 101039981 was registered on 20 Jan 2025.
Charges
A charge with Citi Bank N.A. amounted to Rs. 80.00 Cr with Charge ID 101036572 was registered on 30 Dec 2024.
Charges
A charge registered on 27 May 2020 via Charge ID 100337976 with State Bank Of India was fully satisfied on 06 Jul 2024.
Charges
A charge with Others of Rs. 27.50 Cr registered on 26 Feb 2021 with Charge ID 100421542 was modified on 20 May 2024.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100856165 was registered on 10 Jan 2024.
41 earlier events are in the company report.
News
Frequently asked questions
Greenpanel Industries is an active public limited company based in Gurgaon, Haryana, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 13 December 2017 (9+ years old) and is registered under CIN L20100HR2017PLC127303. Listed on BSE: 542857 and NSE: GREENPANEL.
Greenpanel Industries reported revenue of ₹1,539.37 Cr for FY 2025-26 (up 7.2% YoY) based on standalone financials.
Greenpanel Industries has 6 current directors:
- Shobhan Mittal - Managing Director
- Shiv Prakash Mittal - Whole-Time Director
- Salil Kumar Bhandari - Director
- Arun Kumar Saraf - Director
- Shivpriya Nanda - Director
- Mahesh Kumar Jiwrajka - Director
The latest financial statements of Greenpanel Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 06 August 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Greenpanel Industries is 06AAHCG1211B1ZG, registered in Haryana. The company has 8 GST registrations in all, of which 4 are active and 4 are cancelled or inactive. Other active GSTINs include 05AAHCG1211B2ZH (Uttarakhand), 19AAHCG1211B1Z9 (West Bengal), 07AAHCG1211B1ZE (Delhi).
The CIN (Corporate Identification Number) of Greenpanel Industries is L20100HR2017PLC127303. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Greenpanel Industries is a listed company as per MCA records. Its shares are listed on both BSE (code: 542857) and NSE (symbol: GREENPANEL).
Greenpanel Industries has 82 court cases on record: 75 filed by the company and 7 filed against it. 54 are pending. Most are in the district courts.
Greenpanel Industries was incorporated on 13 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Haryana.
Greenpanel Industries has 9 deals on record (9 market trades); the latest was in September 2025.
The peers of Greenpanel Industries by revenue are Century Plyboards (India) Ltd, Greenlam Industries Limited, Greenply Industries Ltd, Merino Industries Limited, Balaji Action Buildwell Private Limited and 4 more, 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).
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