Key takeaway: Greenlam Industries Limited reported its financial results for the quarter ended June 30, 2026, in an investor presentation. The company recorded revenues of ₹796.7 crores, reflecting an 18.2% year-on-year growth, with broad-based performance across most segments except for engineered doors. The chipboard facility showed significant growth, achieving a revenue of ₹94.6 crores, a 205.2% increase year-on-year. Gross profit rose by 17.9% to ₹421.4 crores, although gross margins slightly declined to 52.9%. EBITDA, excluding forex fluctuations, increased by 48.2% to ₹81.1 crores, with EBITDA margins expanding by 210 bps. The net profit for the quarter was ₹21.2 crores, a recovery from a net loss of ₹15.7 crores in the same quarter last year. The presentation also highlighted improvements in working capital days and a net debt of ₹933.7 crores as of June 30, 2026.

Key takeaway: Greenlam Industries Limited reported that it achieved annual revenue of INR 3,046 crores for FY26, reflecting an 18.6% year-on-year growth. Management noted that this growth was supported by improved performance across all categories, including new businesses in plywood and chipboard. The EBITDA margin before forex fluctuations increased to 11%, while net profit decreased by 18% due to operational losses in the chipboard segment and higher interest costs. The company maintained a working capital cycle of 57 days despite the introduction of new businesses. Management highlighted that the laminates segment performed well, achieving a revenue growth of 14% in Q4. The company also consolidated its brand strategy under two main brands, Greenlam and Mikasa. Management indicated that they would focus on leveraging existing capacities rather than adding new ones in FY27, aiming for continued revenue and profitability growth.

Key takeaway: Greenlam Industries Limited reported its financial results for the quarter and year ended March 31, 2026, in an investor presentation dated May 23, 2026. The company achieved revenues of INR 857.7 crores for Q4FY26, marking a 25.8% year-over-year growth, with annual revenues surpassing INR 3000 crores for the first time at INR 3046.1 crores. The gross profit for the quarter increased by 28.0% to INR 442.1 crores, although gross margins saw a sequential decline due to rising raw material costs. EBITDA prior to forex fluctuations grew by 57.1% to INR 107.4 crores, with net profit rising significantly to INR 40.5 crores compared to INR 1.5 crores in Q4FY25. The presentation highlighted the company's successful execution of expansion projects and its commitment to maintaining capital efficiency and stakeholder value.

Key takeaway: Greenlam Industries Limited held its Q3 and 9M FY '26 earnings conference call on January 30, 2026. Management reported a 17.3% year-on-year growth in net revenue to INR 706 crores for Q3, although this represented a decline from the previous quarter. The gross margin improved to 55.6%, while EBITDA margin before exceptional items decreased to 9.2%. Management noted challenges in the domestic market and a slowdown in exports due to postponed shipments. The company streamlined its brand architecture, consolidating to two brands: Greenlam and Mikasa. The chipboard segment showed gradual improvement, with a successful launch of a high moisture resistant chipboard. Management set a goal of achieving EBITDA breakeven for the plywood and chipboard segments in the next year. The working capital cycle improved, and net debt stood at INR 1,010 crores as of December 31, 2025.