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Last Updated on: 22 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

Greenpanel Industries Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 2:30 am

Market Cap 4,459 Cr.
Current Price 364
High / Low 450/268
Stock P/E31.2
Book Value 107
Dividend Yield0.41 %
ROCE12.9 %
ROE11.4 %
Face Value 1.00
PEG Ratio0.47

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Ecoboard Industries Ltd 48.0 Cr. 27.0 46.6/18.5 5.230.00 %10.8 %28.6 % 10.0
Duroply Industries Ltd 237 Cr. 240 370/15781.6 1320.00 %5.92 %0.94 % 10.0
Archidply Decor Ltd 55.1 Cr. 99.0 147/76.4184 91.30.00 %4.13 %0.06 % 10.0
Ambition Mica Ltd 4.42 Cr. 2.96 4.20/2.57 8.380.00 %7.00 %% 10.0
Rushil Decor Ltd 914 Cr. 33.2 45.5/28.520.6 21.60.30 %11.6 %9.51 % 1.00
Industry Average4,261.13 Cr240.7465.3065.660.12%10.63%10.71%5.91

All Competitor Stocks of

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales317389308422424470464457420441386399386
Expenses249292240309313332332341328365320330325
Operating Profit6897691131111381321179276666960
OPM %22%25%22%27%26%29%28%26%22%17%17%17%16%
Other Income021224714-49671
Interest14-41121332113426
Depreciation17171719181818181817181818
Profit before tax37864194941201181105864505537
Tax %18%34%28%29%33%33%34%34%36%-7%25%26%8%
Net Profit30563067638178723869374135
EPS in Rs2.484.602.435.475.146.576.335.913.065.623.043.342.82

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales05998771,0211,6251,7831,646
Expenses05227388141,1921,3641,343
Operating Profit-077138207433419303
OPM %13%16%20%27%24%18%
Other Income013-9-062318
Interest0254837171920
Depreciation0536969737272
Profit before tax-01212101349351228
Tax %0%-179%-23%32%31%27%
Net Profit-0351469240257185
EPS in Rs1.185.6119.6120.9215.06
Dividend Payout %0%0%0%0%8%7%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-60.00%392.86%247.83%7.08%
Change in YoY Net Profit Growth (%)0.00%452.86%-145.03%-240.74%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 4 years from 2019-2020 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:%
5 Years:21%
3 Years:15%
TTM:-12%
Compounded Profit Growth
10 Years:%
5 Years:33%
3 Years:26%
TTM:-44%
Stock Price CAGR
10 Years:%
5 Years:52%
3 Years:-4%
1 Year:-1%
Return on Equity
10 Years:%
5 Years:16%
3 Years:20%
Last Year:11%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 11:38 pm

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital0.100.001212121212
Reserves-06336497189391,1821,305
Borrowings0587561447316228296
Other Liabilities0238243278275283278
Total Liabilities01,4581,4661,4551,5421,7051,891
Fixed Assets01,1381,1111,0741,038992982
CWIP046405313
Investments00000098
Other Assets0317349377504708498
Total Assets01,4581,4661,4551,5421,7051,891

Reserves and Borrowings Chart

Cash Flow

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +-017100155366337135
Cash from Investing Activity +0-99-22-11-136-248-158
Cash from Financing Activity +0102-86-142-185-13450
Net Cash Flow020-8244-4427

Free Cash Flow

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow0.00-510.00-423.00-240.00117.00191.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days282928997
Inventory Days1911431189075107
Days Payable116112102755458
Cash Conversion Cycle1036043252955
Working Capital Days233434171929
ROCE %6%6%12%30%27%13%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters53.10%53.10%53.10%53.10%53.09%53.09%53.09%53.09%53.12%53.12%53.12%53.12%
FIIs2.94%3.73%5.84%6.27%6.39%4.56%4.43%4.30%4.41%3.22%2.99%2.12%
DIIs22.73%22.86%21.24%21.45%21.19%21.30%21.18%21.60%22.83%24.53%25.81%26.76%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.05%0.05%0.06%0.00%
Public21.24%20.31%19.82%19.18%19.33%21.03%21.30%21.00%19.57%19.06%18.00%17.98%
No. of Shareholders32,54752,62463,46780,12898,2111,12,6661,17,3411,21,2961,22,3161,22,7761,23,7181,21,220

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
HDFC Mid-Cap Opportunities Fund - Regular Plan6,594,1200.49233.461,745,5332024-12-21277.77%
Tata Equity P/E Fund - Regular Plan4,779,3632.83169.211,745,5332024-12-21173.81%
Tata Equity P/E Fund - Regular Plan - Trigger Option A 5%4,779,3632.83169.211,745,5332024-12-21173.81%
Bandhan Sterling Value Fund3,000,0001.59106.221,745,5332024-12-2171.87%
Bandhan ELSS Tax Saver Fund2,100,0001.4874.351,745,5332024-12-2120.31%
UTI Value Fund1,753,3430.8462.081,745,5332024-12-210.45%
Canara Robeco Small Cap Fund1,745,5330.7961.81,745,5332024-12-210%
Nippon India Flexi Cap Fund1,324,1330.9746.881,745,5332024-12-21-24.14%
Sundaram Small Cap Fund1,030,0001.3936.471,745,5332024-12-21-40.99%
Nippon India Value Fund570,5700.3620.21,745,5332024-12-21-67.31%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)11.6420.9219.615.611.18
Diluted EPS (Rs.)11.6420.9219.615.611.18
Cash EPS (Rs.)17.5826.7925.5911.216.82
Book Value[Excl.RevalReserv]/Share (Rs.)107.4197.3677.6059.5653.96
Book Value[Incl.RevalReserv]/Share (Rs.)107.4197.3677.6059.5653.96
Revenue From Operations / Share (Rs.)127.81145.39132.5283.2471.48
PBDIT / Share (Rs.)21.8835.5435.8316.8711.42
PBIT / Share (Rs.)15.9429.6829.8511.275.78
PBT / Share (Rs.)14.9428.6228.468.230.95
Net Profit / Share (Rs.)11.6420.9219.615.611.18
NP After MI And SOA / Share (Rs.)11.6420.9219.615.611.18
PBDIT Margin (%)17.1224.4427.0320.2615.97
PBIT Margin (%)12.4720.4122.5213.538.08
PBT Margin (%)11.6819.6821.479.891.33
Net Profit Margin (%)9.1014.3814.796.741.64
NP After MI And SOA Margin (%)9.1014.3814.796.741.64
Return on Networth / Equity (%)10.8321.4825.269.422.18
Return on Capital Employeed (%)11.5824.7429.7411.816.06
Return On Assets (%)7.5415.0415.594.720.98
Long Term Debt / Equity (X)0.180.100.170.480.65
Total Debt / Equity (X)0.200.150.290.500.76
Asset Turnover Ratio (%)0.871.101.080.690.58
Current Ratio (X)2.592.711.561.241.06
Quick Ratio (X)1.602.061.030.710.54
Inventory Turnover Ratio (X)3.984.634.192.812.70
Dividend Payout Ratio (NP) (%)12.897.177.640.000.00
Dividend Payout Ratio (CP) (%)8.535.595.860.000.00
Earning Retention Ratio (%)87.1192.8392.360.000.00
Cash Earning Retention Ratio (%)91.4794.4194.140.000.00
Interest Coverage Ratio (X)21.8822.8925.705.562.90
Interest Coverage Ratio (Post Tax) (X)12.6414.1515.062.851.52
Enterprise Value (Cr.)3985.453153.617262.532262.89853.12
EV / Net Operating Revenue (X)2.541.774.472.220.97
EV / EBITDA (X)14.857.2416.5310.946.09
MarketCap / Net Operating Revenue (X)2.461.874.431.920.40
Retention Ratios (%)87.1092.8292.350.000.00
Price / BV (X)2.932.807.572.690.53
Price / Net Operating Revenue (X)2.461.874.431.920.40
EarningsYield0.030.070.030.030.04

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 22, 2024 is: 382.14

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 22, 2024, is Undervalued by 4.98% compared to the current share price 364.00

Intrinsic Value of as of December 22, 2024 is: 635.93

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 22, 2024, is Undervalued by 74.71% compared to the current share price 364.00

Last 5 Year EPS CAGR: 66.41%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a low average Working Capital Days of 22.29, which is a positive sign.
  2. The company has higher reserves (775.14 cr) compared to borrowings (347.86 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (211.43 cr) and profit (150.43 cr) over the years.
  1. The stock has a low average ROCE of 13.43%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 45.00, which may not be favorable.
  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in :
    1. Net Profit Margin: 9.1%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 11.58% (Industry Average ROCE: 10.63%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 10.83% (Industry Average ROE: 9.74%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 12.64
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 1.6
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 31.2 (Industry average Stock P/E: 53.43)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.2
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Greenpanel Industries Ltd. is a Private Limited Listed company incorporated on 13/12/2017 and has its registered office in the State of Assam, India. Company’s Corporate Identification Number(CIN) is L20100AS2017PLC018272 and registration number is 018272. Currently Company is involved in the business activities of Manufacture of veneer sheets; manufacture of plywood, laminboard, particle board and other panels and board. Company’s Total Operating Revenue is Rs. 1624.43 Cr. and Equity Capital is Rs. 12.26 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
LaminatesThapar House, 2nd Floor, Kolkata West Bengal 700026investor.relations@greenpanel.com
http://www.greenpanel.com
Management
NamePosition Held
Mr. Shiv Prakash MittalExecutive Chairman
Mr. Shobhan MittalManaging Director & CEO
Ms. Mahesh Kumar JiwrajkaIndependent Director
Mr. Salil Kumar BhandariIndependent Director
Mr. Arun Kumar SarafIndependent Director
Ms. Shivpriya NandaIndependent Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 22 December 2024 is ₹382.14, which is 4.98% higher than the current market price of ₹364.00. The stock has a market capitalization of 4,459 Cr. and recorded a high/low of 450/268 during the current fiscal year 2024-2025. As of Mar 2024, the company has reserves of ₹1,305 Cr and total liabilities of ₹1,891 Cr.

What is the Market Cap of ?

The Market Cap of is 4,459 Cr..

What is the current Stock Price of as on 22 December 2024?

The current stock price of as on 22 December 2024 is 364.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 450/268.

What is the Stock P/E of ?

The Stock P/E of is 31.2.

What is the Book Value of ?

The Book Value of is 107.

What is the Dividend Yield of ?

The Dividend Yield of is 0.41 %.

What is the ROCE of ?

The ROCE of is 12.9 %.

What is the ROE of ?

The ROE of is 11.4 %.

What is the Face Value of ?

The Face Value of is 1.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in . Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE