Greenlam Industries shares zoomed 19% to ₹280.60, hitting a 52-week high on the BSE in Monday's intra-day trade after reporting strong Q4FY26 earnings. According to reports from Business Standard, the stock was trading 14% higher at ₹269 as of 10:15 AM, significantly outperforming the BSE Sensex which rose 1.09%. A combined 2.5 million equity shares changed hands on the NSE and BSE during the trading session.
The company reported consolidated profit after tax (PAT) of ₹40.5 crore for Q4FY26, representing a dramatic improvement from ₹1.5 crore in Q4FY25. As reported by Business Standard, consolidated net revenues from operations grew 25.8% to ₹857.7 crore compared to ₹681.8 crore in the corresponding quarter of the previous financial year. The laminate business witnessed overall value growth of 14.4% on year-on-year basis, while the plywood & allied products segment registered healthy 17.9% YoY growth.
Gross margins improved by 80 basis points to 51.5% compared to 50.7% in Q4FY25, demonstrating enhanced operational efficiency. According to Business Standard, operating profit before forex fluctuations and exceptional items grew by 57.1% to ₹107.4 crore from ₹68.4 crore in the corresponding quarter last year. The company's prudent supply chain management ensured minimal impact of raw material price volatility during the quarter, with management passing on the entire cost increase to market in April 2026.
Asish Dhawan holds 3.77% stake and Akash Bhanshali holds 3.23% stake in Greenlam Industries as of March 2026 quarter, according to shareholding pattern data reported by Business Standard. Other notable investors include Akhil Dhawan (1.43%), Vallabh Roopchand Bhanshali (1.15%), and Meenu Mangal Bhanshali (1.02%), all holding more than 1% equity stake in the company.
ICICI Securities noted that the company continues to deliver on laminate segment growth, though they await management commentary on input and freight cost trends. As reported by Business Standard, key monitorables include the exports outlook, FY27 guidance, and progress in ramp-up across chipboard and plywood segments. The management had earlier guided for plywood and chipboard businesses to achieve EBITDA break-even by FY27, with the company's strong global footprint benefiting from improved product mix and favorable currency movements.
