Greenlam Industries Reports ₹3,046 Cr Revenue, Recommends Dividend

CONSUMER-PRODUCTS
Whalesbook Corporate News Logo
AuthorIshaan Verma|Published at:
Greenlam Industries Reports ₹3,046 Cr Revenue, Recommends Dividend
Overview

Greenlam Industries posted FY26 revenue of ₹3,046.08 crore and standalone PAT of ₹138.64 crore. The company recommended a dividend of Re. 0.40 per share and re-appointed Mr. Yogesh Kapur as an Independent Director. A voluntary liquidation of its subsidiary PT Greenlam Asia Pacific was also approved.

Instant Stock Alerts on WhatsApp

Used by 10,000+ active investors

1

Add Stocks

Select the stocks you want to track in real time.

2

Get Alerts on WhatsApp

Receive instant updates directly to WhatsApp.

  • ✓Quarterly Results
  • ✓Concall Announcements
  • ✓New Orders & Big Deals
  • ✓Capex Announcements
  • ✓Bulk Deals
  • ✦And much more
Add StocksGet it on Google PlayDownload on the App Store

Greenlam Industries FY26 Results and Key Decisions

Greenlam Industries announced its audited financial results for the fiscal year ending March 31, 2026. The company reported consolidated revenue of ₹3,046.08 crore and standalone profit after tax of ₹138.64 crore. Consolidated profit after tax stood at ₹56.02 crore.

Dividend and Director Reappointment

The Board recommended a final dividend of Re. 0.40 per equity share. Shareholders will vote on this proposal at the Annual General Meeting (AGM) on July 29, 2026. The board also approved the re-appointment of Mr. Yogesh Kapur as an Independent Director for a second five-year term, pending shareholder approval.

Subsidiary Liquidation and Expansion Plans

Greenlam Industries also approved the voluntary liquidation of its step-down subsidiary, PT Greenlam Asia Pacific (Batam). This move aims to streamline operations. The company is also progressing on a brownfield expansion project, with commercial production expected by the fourth quarter of FY27.

Financial Snapshot (FY26)

  • Standalone Revenue: ₹2,415.19 crore
  • Standalone Profit After Tax: ₹138.64 crore
  • Consolidated Revenue: ₹3,046.08 crore
  • Consolidated Profit After Tax: ₹56.02 crore

Risks and Market Context

An Income Tax Department search was previously conducted at the company's registered office and manufacturing units. The outcome of these proceedings is currently unknown and could present future financial or operational risks. Greenlam operates in the competitive decorative laminates market, with peers including Century Enka, Stylam Industries, and Merino Industries.

What to Track Next

Investors will be watching for shareholder approval of the dividend, developments in the subsidiary's liquidation process, and any updates regarding the Income Tax Department proceedings. The progress of the brownfield expansion project is also a key area to monitor.

Get stock alerts instantly on WhatsApp

Quarterly results, bulk deals, concall updates and major announcements delivered in real time.

Add Stocks
Disclaimer:This content is for educational and informational purposes only and does not constitute investment, financial, or trading advice, nor a recommendation to buy or sell any securities. Readers should consult a SEBI-registered advisor before making investment decisions, as markets involve risk and past performance does not guarantee future results. The publisher and authors accept no liability for any losses. Some content may be AI-generated and may contain errors; accuracy and completeness are not guaranteed. Views expressed do not reflect the publication’s editorial stance.