Greenply Records Strong Growth with Highest Consolidated Revenue in Q4 FY26
Greenply Industries Limited, a leading manufacturer of Plywood, MDF, and allied products in India, announced its audited financial results for the quarter and year ended March 31, 2026. The company reported record revenue and core EBITDA figures for both the fourth quarter (Q4 FY26) and the full fiscal year (FY26).Consolidated financials showed Greenply achieving its highest ever consolidated revenue of Rs 776.2 crores in Q4 FY26, marking a 19.6% year-on-year (YoY) increase. Full-year revenue for FY26 reached Rs 2,739.0 crores, reflecting a 10.1% YoY rise. Profitability also saw significant gains, with the core EBITDA reaching Rs 93.2 crores in Q4 FY26, a 37.0% YoY increase. For the full year, core EBITDA stood at Rs 270.5 crores, up 13.8% YoY.
Segmental Performance Highlights
The company’s business segments contributed robustly to the overall growth.In the Plywood Business, volume increased by 15.6% YoY in Q4 FY26, with a Core EBITDA margin of 10.4%. Separately, the MDF Business volume grew by 45.3% YoY in Q4 FY26, accompanied by a Core EBITDA margin of 17.0%.
Greenply Industries Limited structured the detailed financial performance across Q4 FY26 and the twelve-month period ending March 31, 2026, as follows:
Consolidated Financial Results (Crores)
| Metric | Q4 FY26 | 12M FY26 |
|---|---|---|
| Revenue | 776.2 | 2,739.0 |
| Core EBITDA | 93.2 | 270.5 |
| Net Profit | 31.0 | 89.8 |
Segmental Financial Performance Overview (Crores)
| Segment | Metric | Q4 FY26 | 12M FY26 |
|---|---|---|---|
| Plywood Business | Revenue | 588.5 | 2,105.7 |
| Core EBITDA | 61.2 | 185.4 | |
| MDF Business | Revenue | 189.4 | 635.6 |
| Core EBITDA (without forex loss) | 32.1 | 85.3 |
(Note: Plywood Business = Greenply Standalone + Subsidiaries)
Year-on-Year Growth Summary
The financial results indicate strong growth momentum across key operational areas. The Plywood Business reported revenue of Rs 588.5 crores in Q4 FY26, a 14.6% increase on a YoY basis, with a core EBITDA margin of 10.4%. The MDF Business recorded revenue of Rs 189.4 crores, marking a 39.6% increase YoY in the same quarter.Management stated that the Plywood business saw strong year-on-year volume growth of 15.6% in Q4, while the MDF business achieved a strong sales growth of 39.6% in Q4 FY26. The company noted that Q4 FY26 represented the first fully operational quarter post expansion in the MDF business.
The company reaffirmed its confidence in sustained growth, citing the double-digit year-on-year volume and value growth achieved across its various segments during the second half of FY26.
GREENPLY Stock Price Movement
Today, Greenply Industries Limited shares edged higher to close at ₹254.59, gaining 3.55% in post-market trading today. The stock was supported by high liquidity, trading on a volume of 204,794 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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