Summary

Greenlam Industries Limited announced strong consolidated financial results for Q4FY26, with net revenues climbing 25.8% year-on-year to ₹857.7 crore and EBITDA before forex and exceptional items increasing by 57.1% to ₹107.4 crore. For the full fiscal year 2026, the company recorded net revenues of ₹3,046.1 crore, up 18.6%, and EBITDA of ₹334.2 crore, an increase of 21.0%. While Q4FY26 saw a substantial surge in net profit to ₹40.5 crore, the full-year net profit decreased by 18.1% to ₹56.0 crore, mainly due to higher operating costs, forex fluctuations, exceptional items, and increased interest and depreciation for its chipboard business. Managing Director and CEO, Mr. Saurabh Mittal, highlighted the resilience of their business model and the strength of their diversified portfolio, noting revenue growth across all segments and strong performance in the laminate and plywood & allied products segments.

Key Highlights

1. 1

   Greenlam Industries Limited reported consolidated net revenues of ₹857.7 crore for Q4FY26, marking a significant year-on-year growth of 25.8%.

2. 2

   For the full financial year FY26, consolidated net revenues reached ₹3,046.1 crore, an increase of 18.6% compared to the previous year.

3. 3

   EBITDA (before forex impact and exceptional items) surged by 57.1% year-on-year to ₹107.4 crore in Q4FY26 and grew 21.0% to ₹334.2 crore for FY26.

4. 4

   Net Profit for Q4FY26 dramatically rose to ₹40.5 crore from ₹1.5 crore in Q4FY25, representing a 2616.7% increase.

5. 5

   However, Net Profit for FY26 was lower by 18.1% year-on-year at ₹56.0 crore, primarily attributed to higher operating costs, forex fluctuations, exceptional items, and increased interest and depreciation from the chipboard business.

6. 6

   Gross margins improved by 80 basis points to 51.5% in Q4FY26 and by 130 basis points to 53.6% for FY26.

7. 7

   The laminate business achieved an overall value growth of 14.4% year-on-year in Q4FY26 and 9.3% for the full year FY26.