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Greenlam Industries Limited (GREENLAM.NS)

INR252.45 +1.30 (+0.52%)
IN NSE Consumer Cyclical Furnishings, Fixtures & Appliances
Address 203, Worldmark 1 110037
New Delhi, IN
CEO Saurabh Mittal
IPO 2015-03-02
ISIN INE544R01021

Explore sections of this company profile

Also trades on Bombay Stock Exchange · GREENLAM.BO (INR) Bombay Stock Exchange · GRNLAMIND.BO (INR) National Stock Exchange of India · GREENLAM.NS (INR)
Description

Greenlam Industries Limited, headquartered in New Delhi, India, is a prominent manufacturer and global supplier of surfacing materials. The company's operations are strategically divided into two core business segments: Laminate & Allied Products and Veneer & Allied Products. Its extensive product portfolio primarily encompasses various types of laminates designed for diverse applications. These include standard laminates suitable for residential and commercial spaces like homes, kitchens, and offices; decorative and designer laminates enhancing interiors from wardrobes and doors to living rooms and commercial establishments; compact laminates ideal for high-traffic areas such as restroom cubicles, lockers, furniture, and laboratory work surfaces; and specialized laminates for both exterior and interior cladding solutions. Beyond laminates, Greenlam also provides a range of other essential building materials, such as melamine-faced chip boards, exquisite decorative veneers, durable engineered wood flooring, and robust engineered doors and door frames. These offerings are marketed under well-known brand names including Greenlam Laminates, New Mika, Decowood, Greenlam Sturdo, Greenlam Clads, Mikasa Floors, and Mikasa Doors & Frames. Greenlam caters to a broad clientele, serving institutional clients, the hospitality and healthcare industries, luxury retail outlets, and fast-food chains. Its products reach customers through a comprehensive distribution network comprising distributors, dealers, and retailers. Established in 1993, the company maintains its headquarters in New Delhi, India.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR252.45 +1.30 (+0.52%)
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Volume Profile
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Liquidity & share structure
Average Volume
308.8K
Beta
0.38
Float Shares
66.77M
Free Float %
26.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-6.51% -1.63% +4.95% -2.80% -4.55% -3.57% -13.03% +49.35% +101.89% +269.58% +381.65%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
252.45
Ratings Trend (MoM) 46% Bullish
Rating 2026-05 Change
Strong Buy 3 0
Buy 3 0
Hold 4 0
Sell 0 0
Strong Sell 3 0
Quality scores
Altman Z-Score
3.29
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
4 / 10
Developing
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
3 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Furnishings, Fixtures & Appliances: +2.7%
    +18.6% Q1'26: +25.8% (vs Q1'25)
  • EPS growth Furnishings, Fixtures & Appliances: +4.0%
    -19.4% Q1'26: +893.8% (vs Q1'25)
  • FCF margin FCF growth · Furnishings, Fixtures & Appliances: +24.2%
    +2.8% Q1'26: +10.5% (vs Q1'25)
  • EBIT margin Furnishings, Fixtures & Appliances: +6.9%
    +6.0% Q1'26: +8.5% (vs Q1'25)
  • ROIC Furnishings, Fixtures & Appliances: +6.4%
    +5.2% Q1'26: +10.2% (vs Q1'25)
  • Share dilution Furnishings, Fixtures & Appliances: +0.1%
    +97.2% Q1'26: +91.4% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Furnishings, Fixtures & Appliances: -0.16×
    3.57× Q1'26: 2.68× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.05) × ERP
WACC = 84% × Ke + 16% × Kd (8.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 252.45
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
10 Rev. Ana.
9 EPS Ana.
Mar 2027
1 Rev. Ana.
1 EPS Ana.
Mar 2028
11 Rev. Ana.
12 EPS Ana.
Revenue
10.30B
est: 10.04B (+2.5%)
10.76B
est: 10.06B (+7.0%)
11.22B
est: 11.31B (-0.8%)
12.36B
est: 12.74B (-3.0%)
13.21B
est: 13.68B (-3.5%)
11.69B
est: 11.41B (+2.5%)
17.03B
est: 17.07B (-0.2%)
19.94B
est: 20.36B (-2.1%)
23.06B
est: 23.96B (-3.7%)
25.69B
est: 26.11B (-1.6%)
29.89B
29.09B – 30.31B
+14.5% YoY
35.43B
34.06B – 36.90B
+18.6% YoY
40.64B
37.72B – 43.78B
+14.7% YoY
EBITDA
1.30B
est: 1.27B (+2.6%)
1.42B
est: 649.09M (+118.1%)
1.51B
est: 938.01M (+60.5%)
1.60B
est: 1.29B (+24.7%)
1.83B
est: 1.34B (+36.1%)
1.68B
est: 1.13B (+48.5%)
1.92B
est: 1.42B (+35.2%)
2.51B
est: 1.51B (+66.5%)
3.16B
est: 2.84B (+11.3%)
2.86B
est: 3.10B (-7.9%)
3.55B
3.45B – 3.60B
+14.4% YoY
4.20B
4.04B – 4.38B
+18.6% YoY
4.82B
4.48B – 5.20B
+14.7% YoY
EBIT
930.66M
est: 873.92M (+6.5%)
1.03B
est: 949.14M (+8.6%)
1.14B
est: 1.20B (-5.0%)
1.23B
est: 1.26B (-2.1%)
1.30B
est: 1.33B (-1.9%)
1.13B
est: 1.03B (+9.2%)
1.33B
est: 1.29B (+3.2%)
1.88B
est: 1.37B (+36.7%)
2.29B
est: 1.91B (+20.0%)
1.72B
est: 2.08B (-17.5%)
2.38B
2.32B – 2.42B
+14.4% YoY
2.83B
2.72B – 2.94B
+18.6% YoY
3.24B
3.01B – 3.49B
+14.7% YoY
Net Income
377.03M
est: 343.26M (+9.8%)
497.99M
est: 377.51M (+31.9%)
646.06M
est: 565.05M (+14.3%)
771.12M
est: 719.31M (+7.2%)
866.68M
est: 828.00M (+4.7%)
737.60M
est: 707.50M (+4.3%)
907.33M
est: 884.25M (+2.6%)
1.29B
est: 939.56M (+37.0%)
1.38B
est: 2.51B (-44.9%)
696.90M
est: 1.09B (-36.3%)
562.60M
332.45M – 869.47M
-48.6% YoY
1.50B
1.42B – 1.58B
+166.9% YoY
2.49B
1.76B – 3.00B
+65.9% YoY
SGA
1.11B
est: 1.96B (-43.5%)
986.41M
est: 3.30B (-70.1%)
1.08B
est: 3.77B (-71.4%)
1.09B
est: 3.99B (-72.6%)
1.28B
est: 4.17B (-69.4%)
2.47B
est: 3.49B (-29.1%)
3.17B
est: 4.36B (-27.3%)
4.17B
est: 4.63B (-10.0%)
2.82B
est: 4.76B (-40.8%)
6.38B
est: 5.19B (+23.0%)
5.94B
5.78B – 6.02B
+14.4% YoY
7.04B
6.77B – 7.33B
+18.6% YoY
8.07B
7.49B – 8.70B
+14.7% YoY
EPS
3.12
est: 2.65 (+17.9%)
4.12
est: 3.28 (+25.8%)
5.35
est: 2.78 (+92.1%)
6.39
est: 3.49 (+83.1%)
7.18
est: 4.04 (+77.8%)
3.06
est: 3.33 (-8.1%)
3.76
est: 4.14 (-9.2%)
5.15
est: 4.41 (+16.9%)
5.41
est: 9.80 (-44.8%)
2.73
est: 4.27 (-36.1%)
2.49
1.30 – 3.40
-41.7% YoY
5.86
5.56 – 6.18
+135.3% YoY
8.86
6.87 – 11.74
+51.2% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-26 C 2/5 1/5 3/5 3/5 2/5 1/5 1/5
2026-05-25 C 2/5 1/5 3/5 3/5 2/5 1/5 1/5
2026-05-22 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-21 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-20 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-19 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-18 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-15 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-14 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-13 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-12 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-11 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-08 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-07 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-06 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-05 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-04 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-30 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-29 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-28 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-27 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-24 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-23 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-22 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-20 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-17 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-16 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
2.49B
OE per share TTM
11.91
Owner's Yield
4.28%
Maintenance CapEx ratio
11.25%
Maint CapEx / Avg PPE
52.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
699.2K
Shares Outstanding
255.15M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Saurabh Mittal MD, Chief Executive Officer & Director 83M male
Parul Mittal Whole-Time Director 47M female
Ashok Kumar Sharma Chief Financial Officer & Chief Investor Relations Officer male
Banwari Lal Sharma Head of Manufacturing & President of Plant Operations male
Pankaj Rishi Chief Operating Officer of Middle East & North Africa male
Prakash Kumar Biswal Company Secretary, SVP of Legal & Compliance Officer male
Prashant Srivastava Senior Vice President of HR, Admin & CSR male
Alex Joseph Head of Marketing of Laminate & Allied of Domestic male
Yogesh Ashok Pethkar Senior Vice President of Operations male
Anuj Sangal Country Sales Head of Greenlam Laminate & Allied Vertical male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits