Powered by: Motilal Oswal

News

Buy Greenply Industries Ltd For Target Rs. 461 by Yes Securities Ltd Result Synopsis Greenply Industries Ltd (MTLM) reported a steady growth in Q2FY25, which was largely in-line with our estimates. Plywood volumes grew by 6%YoY & 14%QoQ (2- year CAGR stood at 8%). Incrementally, ASP improved by 2%YoY & 2%QoQ to Rs251/sqm. For H1FY25, plywood volumes increased by 7%YoY and revenue grew by 9%YoY. Operating margins expanded marginally from 7.6%/7.9% in Q2FY24/Q1FY25 to 8.3% in Q2FY25, however. higher input costs continue to weigh on margins. For H1FY25...
Buy Greenply Industries Ltd For Target Rs. 461 by Yes Securities Ltd
Buy Greenply Industries Ltd For Target Rs. 461 by Yes Securities Ltd
Source: Yes Securities Ltd
2024-11-15 12:36:21 pm
Buy Greenply Industries Ltd For Target Rs. 1,177 By Choice Broking Ltd The top line of the company has up by 5.4/9.7% YoY/QoQ basis to Rs 6.4bn vs our estimates Rs.5.5bn backed by better volumes in Plywood segment. However, Plywood segment revenue grew by of 7.6% YoY to Rs 5.1bn vs CEBPL est of Rs 4.2bn and margins improved by 14bps to 9% and MDF segment reported a revenue growth of 42% on YoY to 1.26bn vs CEBPL est of 1.23bn backed by healthy volume growth of 30% on YoY basis to 40,553CBM, MDF Realization grew by 8% YoY to 31,169/CBM backed by healthy pre lam M...
Buy Greenply Industries Ltd For Target Rs. 1,177 By Choice Broking Ltd
Buy Greenply Industries Ltd For Target Rs. 1,177 By Choice Broking Ltd
Source: Choice Broking
2024-11-14 05:04:06 pm
Buy Greenply Industries Ltd For Target Rs.288 By Choice Broking Ltd The top line of the company has up by 5.4/9.7% YoY/QoQ basis to Rs 6.4bn vs our estimates Rs.5.5bn backed by better volumes in Plywood segment. However, Plywood segment revenue grew by of 7.6% YoY to Rs 5.1bn vs CEBPL est of Rs 4.2bn and margins improved by 14bps to 9% and MDF segment reported a revenue growth of 42% on YoY to 1.26bn vs CEBPL est of 1.23bn backed by healthy volume growth of 30% on YoY basis to 40,553CBM, MDF Realization grew by 8% YoY to 31,169/CBM backed by healthy pre lam M...
Buy Greenply Industries Ltd For Target Rs.288 By Choice Broking Ltd
Buy Greenply Industries Ltd For Target Rs.288 By Choice Broking Ltd
Source: Choice Broking
2024-10-30 11:09:42 am
Buy Greenply Industries Ltd For Target Rs. 445 By Yes Securities Result Synopsis Greenply Industries Ltd (MTLM), registered a stellar performance In Q1FY25 wherein plywood volumes increased by 9%YoY (2-year CAGR stood at 5%) & revenue grew by 10%YoY (2-year CAGR came in at 7%). Margins were lower by ~80bps YoY & ~70bps QoQ due to higher timber cost. Though company took a price hike of 1.5-2%, the impact of same will be materialized from Q2FY25E. Incrementally, MDF segment volumes stood at 42,724cbm which was a decline of 7%QoQ, but better produc...
Buy Greenply Industries Ltd For Target Rs. 445 By Yes Securities
Buy Greenply Industries Ltd For Target Rs. 445 By Yes Securities
Source: Yes Securities Ltd
2024-08-21 02:48:57 pm
Buy Greenply Industries Ltd For Target Rs. 460 By JM Financial Services In Q1FY25, Greenply Industries posted revenue at INR 5.8bn, up 36% YoY and down 3% QoQ (below JMFe by 6%) with a 5 year CAGR +11%).The growth was mainly driven by MDF followed by Plywood. EBITDA at INR 579mn up 114% YoY and flat QoQ. (5 year CAGR +7%) with OPM at 9.9% vs 6.3% YoY and 9.6% QoQ (JMFe OPM at 9.1%) which was largely driven by improvement in MDF realisation due to mix change. PAT at INR 332mn vs 58mn YoY and up 15% QoQ. *  Plywood delivered decent growth: Despite mute...
Buy Greenply Industries Ltd For Target Rs. 460 By JM Financial Services
Buy Greenply Industries Ltd For Target Rs. 460 By JM Financial Services
Source: JM Financial Services
2024-08-07 10:51:16 am
Zee Media Corporation Limited and Greenply Unite to Honour Craftsmen In a momentous collaboration that amplifies the essence of creativity and recognition, Zee Media Corporation Limited proudly joins forces with Greenply to present the highly anticipated Season 2 of Hindustan Ki Shaan Awards, 2024. This joint endeavour is a shared commitment to pay tribute to the skill and dedication of carpenters and contractors, shaping the aesthetics of our living spaces. The event will telecasted on Zee Media channels along with its digital properties. Stepping boldly i...
Zee Media Corporation Limited and Greenply Unite to Honour Craftsmen
Zee Media Corporation Limited and Greenply Unite to Honour Craftsmen
Source: PR Agency
2024-01-17 11:06:54 am
Buy Greenply Industries Ltd. for Target Rs.250- Yes Securities Ltd Steady plywood growth & ramp-up in MDF should accelerate overall performance! We interacted with the management of Greenply Industries Ltd & following are the key takeaways from the same: Plywood: ? Demand has been decent however festive season (seasonal impact) has impacted the volumes. Largely the mid-segment has been the demand driver for the industry & premium segment has been sluggish. ? In Mid-segment, the customers are preferring branded products which is enabli...
Buy Greenply Industries Ltd. for Target Rs.250- Yes Securities Ltd
Buy Greenply Industries Ltd. for Target Rs.250- Yes Securities Ltd
Source: Yes Securities Ltd
2023-12-29 01:27:17 pm
Buy Greenply Industries Ltd For Target Rs.250 - Yes Securities Record plywood volumes, MDF turns EBITDA positive! Result Synopsis Greenply Industries Ltd (GIL) reported a healthy quarter wherein revenue grew by 23%YoY & 28%QoQ to Rs6.07Bn. Plywood biz reported record volumes of 19.1msm, registering a strong growth of 11%YoY & 17%QoQ (2-year CAGR stood at 10%), largely driven by higher growth in value segment which constitutes 43% of plywood sales Vs 37% in Q2FY23. Management reiterated their volume growth guidance of 8- 10% for plywood. Mar...
Buy Greenply Industries Ltd For Target Rs.250 - Yes Securities
Buy Greenply Industries Ltd For Target Rs.250 - Yes Securities
Source: Yes Securities Ltd
2023-12-09 12:18:55 pm
Buy Greenply Industries Ltd For Target Rs.250 - Yes Securities Record plywood volumes, MDF turns EBITDA positive! Result Synopsis Greenply Industries Ltd (GIL) reported a healthy quarter wherein revenue grew by 23%YoY & 28%QoQ to Rs6.07Bn. Plywood biz reported record volumes of 19.1msm, registering a strong growth of 11%YoY & 17%QoQ (2-year CAGR stood at 10%), largely driven by higher growth in value segment which constitutes 43% of plywood sales Vs 37% in Q2FY23. Management reiterated their volume growth guidance of 8- 10% for plywood. Mar...
Buy Greenply Industries Ltd For Target Rs.250 - Yes Securities
Buy Greenply Industries Ltd For Target Rs.250 - Yes Securities
Source: Yes Securities Ltd
2023-12-08 12:47:42 pm
Buy Greenply Industries Ltd For Target Rs.300 - JM Financial Institutional Securities Ltd Greenply Industries’ (Greenply) 2QFY24 performance was a beat on our and Street expectations (Revenue/ EBITDA was 27%/15% above JMFe), led by strong volume growth in the plywood segment (+12% YoY; 8% above JMFe) and significant ramp-up in MDF volume (CU at 52% in 2Q). Ply revenue grew 11% YoY to INR 4.8bn (+16% QoQ, 5% above JMFe) led by volume growth of 12% YoY while realisation declined 1% YoY (-1% QoQ, 2% below JMFe). The MDF unit in 2QFY24 (its 1st quarter of full operations) report...
Buy Greenply Industries Ltd For Target Rs.300 - JM Financial Institutional Securities Ltd
Buy Greenply Industries Ltd For Target Rs.300 - JM Financial Institutional Securities Ltd
Source: JM Financial Institutional Securities Ltd
2023-11-29 12:30:18 pm
Greenply Industries jumps on incorporating joint venture company Greenply Industries is currently trading at Rs. 161.90, up by 4.65 points or 2.96% from its previous closing of Rs. 157.25 on the BSE. The scrip opened at Rs. 160.35 and has touched a high and low of Rs. 164.30 and Rs. 159.05 respectively. So far 16462 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 185.00 on 27-Jun-2023 and a 52 week low of Rs. 133.85 on 02-Mar-2023. Last one week high and low of the scrip stoo...
Greenply Industries jumps on incorporating joint venture company
Greenply Industries jumps on incorporating joint venture company
Source: Accord Fintech
2023-10-27 03:55:46 pm
Update on Greenply Industries Ltd By Yes Securities Ltd A. Cessations from board since March 2022: Nil\B. RemunerationIndustry Peer Metrics (in Rs. mn for FY21)C. Dividend Policy?D. Auditor TenurePlease refer disclaimer at https://yesinvest.in/privacy_policy_disclaimersSEBI Registration number is INZ000185632
Update on Greenply Industries Ltd By Yes Securities Ltd
Update on Greenply Industries Ltd By Yes Securities Ltd
Source: Yes Securities Ltd
2023-10-11 02:50:46 pm