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Greenpanel Industries saw Q1FY27 revenues grow 8.5% YoY to ₹350 Cr.

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Greenpanel Industries LimitedGREENPANEL · Filed with the exchange

Domestic MDF volumes increased 12% and retail MDF by 20%, despite total MDF volumes seeing a slight dip of 2.3% due to zero exports.

Operating EBITDA was ₹33.5 Cr (9.6% margin), with MDF margins expanding.

Management noted intense competition and raw material volatility, leading to price rollbacks.

The company is now prioritizing domestic volume growth and market share by being price competitive.

Exports are exploring alternatives due to Middle East issues.

Expects double-digit margins with improved capacity use.

Gross debt reduced to ₹317 Cr.

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