Greenply Industries Ltd., incorporated in the year 1990, is a Small Cap company (having a market cap of Rs 2575.79 Crore) operating in Building Materials sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 400.59 Crore, up 17.14 % from last quarter Total Income of Rs 341.98 Crore and up 15.78 % from last year same quarter Total Income of Rs 346.00 Crore. Company reported net profit after tax of Rs 28.71 Crore in latest quarter.
Investment Rationale
Management outlook on revenue growth was cautiously optimistic led by the impact of second covid wave and extended impact on Gabon due to logistical issues. However, plywood EBITDA margin may improve further driven by better mix, cost optimisation and operating leverage.
Promoter/FII Holdings
Promoters held 52.2 per cent stake in the company as of March 31, 2021, while FIIs held 2 per cent, DIIs 28.2 per cent and public and others 17.6 per cent.
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