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Greenlam Industries is engaged in the business of manufacturing laminates, decorative veneers and allied products.
Greenlam Industries is acquiring 26% of Bhadla Minigrid Solar 4 Pvt Ltd for Rs 2.065 Cr. This strategic move secures captive renewable power for operational needs and cost efficiency.
Greenlam reported strong Q1FY27 results: Net revenue up 18.2% to ₹796.7 Cr, Net Profit ₹21.2 Cr (vs loss last year), and EBITDA up 48.3% to ₹81.1 Cr. Chipboard business turned profitable, and working capital improved.
Greenlam will hold its 13th Annual General Meeting to review the Integrated Annual Report for FY25-26. Shareholders will consider approving a final dividend, with payment within 7 working days of declaration if approved.
Greenlam reported strong Q4 revenue of ₹857.7 Cr (+25.8% YoY) and ₹40.5 Cr net profit. FY26 revenue reached ₹3,046.1 Cr, though full-year net profit decreased due to costs and chipboard investments. All segments saw growth; raw material increases were passed on.
Greenlam's board approved FY26 consolidated financial results, reporting Revenue of ₹3,046.08 Cr and Profit of ₹56.02 Cr. A final dividend of Re. 0.40/share was proposed. The company also approved voluntary liquidation of its Indonesian step-down subsidiary, while laminate expansion remains on track for Q4 FY27.