Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 30 Sep - Intimation regarding re- opening of special window for re- lodgement of transfer requests
Source: Bse
Greenlam Industries Limited (GREENLAM)
Small CapConsumer stocks · Small cap · NSE
Greenlam Industries Limited operates in Laminates, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 09:16 am ISTDetails
Quote21 Oct, 09:16 am IST
Base fundamentals06 Oct 2026 · screener
Latest result16 Aug, 01:34 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Consumer P/E 22.2 (n=441)
Technical timing lens
Trend score and candlestick chart
30Bearishfull bear SMA stack · SMA20 -10.4% / mo · MACD + · sector -3.9pp vs Nifty 500 (3M)
Stock trend: 27
Sector RS: 35
Sector 3M: -8.3% vs Nifty 500 -4.4%
Consumer FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
GREENLAMD candles · FIT view-4.5%TODAY · PROVISIONALLatest price ₹213.00 on 2026-10-21
Today's candle is provisional from the latest intraday quote; completed-candle scans remain unchanged.
Bar
-0.9%
RSI
40
MACD hist
1.38
52W pos
19%
2026-10-21O ₹215.01H ₹215.02L ₹212.85C ₹213.00Vol 656 shIntraday candle
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
GREENLAMNifty Consumer DurablesNifty 500
- GREENLAM
- -14.9%
- Nifty 500
- -5.6%
- Nifty Consumer Durables
- -9.7%
- Vs Nifty 500
- -9.3 pp
Chart stats
19 Oct 2026- From 52W high
- -22.8%
- 52W range position
- 22%
- ATR (14)
- 3.3%
- Volume vs 20D
- 2.66x
- Avg traded value
- ₹1.1 Cr
- 20D price channel
- ₹203.2 - ₹235
₹278.6
₹197.6 - ₹278.6
₹7
Latest completed session
20-session average
20.8% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · OVERVALUED26
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Average45
Revenue +18.3% · PAT NDF YoY
Technical
Bearish30
Price trend and sector-relative-strength timing.
Valuation
Legacy model-1188.3%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence63
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Average · 45/100Rev +18% YoY · margin expansion
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹797 Cr | +18.3% | -7.1% |
| EBITDA | ₹80 Cr | +81.8% | -25.9% |
| Operating margin | 10.0% | +300 bps | -300 bps |
| PAT | ₹21 Cr | NDF | -48.8% |
| PAT margin | 2.6% | +500 bps | -215 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 58.60
- P/B
- 4.59
- EV/EBITDA
- 13.05
- Market Cap
- 5402.00Cr
Profitability
- ROE
- 5.02%
- ROCE
- 8.12%
- ROA
- 3.10%
- Dividend Y
- 0.19%
Growth (CAGR)
- Revenue 5Y
- 20.00%
- EPS 5Y
- -7.00%
- Revenue 3Y
- 15.00%
- EPS 3Y
- -23.00%
Balance Sheet
- Debt/Equity
- 0.98
- Interest Coverage
- 4.01×
- Altman Z
- 3.92
- Book Value
- 46.20
Cash Flow
- FCF Yield
- 3.92%
- FCF Positive Y
- 9/5
- OCF
- 292.00 Cr
- EPS TTM
- 3.65
Shareholding
- Promoter Hold
- 50.98%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 17%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 797-7.1% vs prev
Net Profit
₹ CrLatest: 21.0-48.8% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend down. RSI 40. Wait for confirmation.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- Recent death cross (SMA50 crossed below SMA200).
- SMA20 falling (~11.4% over last month) — short-term momentum negative.
- RSI(14) at 40 — rising, no extreme reading.
- MACD above signal, histogram expanding — bullish momentum building.
- 24% off 52W high · 8% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
44
RS percentile
Stage 4 Downtrend
1M return
-7.1%
3M return
-14.9%
6M return
-5.6%
1Y return
-15.7%
RS 1D
+1
RS 20D
-7
Sector rank
#9
Industry rank
#23
Stage evidence
- Price is 8.8% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -0.8%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
neutral
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 94.71+1.07%
RS vs Nifty 50095
Valuation & peers
U-Score 26 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 26 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation0/30
Growth6/25
Quality0/20
Balance Sheet6/15
Cash Flow8/10
Piotroski
7/9 (+5)
Penalties
1
Raw sum
26
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
26/100 · legacy band OVERVALUED
Positive drivers
- FCF yield is supportive at 3.9%.
- Piotroski is strong at 7/9.
- Cash flow contributes 8/10 to the score.
Main drags
- Fair-value margin of safety is negative at -1188.3%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
- Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
58.6
PB
4.6
EV/EBITDA
13.1
ROE
5.0%
ROCE
8.1%
FCF Yield
3.9%
Debt/Equity
1.0
MoS
-1188.3%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
26
Previous: 26
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-1188.3%
Previous: -1200.4%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
26
26
26
26
26
26
26
26
26
26
26
26
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹61.6
-245.8% MoS
Growth-justified P/E
4.5
Growth-justified Value
₹16.53
-1188.3% MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Consumer — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
DURLAX
SME
Durlax Top Surface Ltd.
Building Materials
match 72
55
12.4
14.7%
+58%
FAIR VALUE
RUSHIL
Small
Rushil Decor Limited
Building Materials
match 67
28
19.9
1.0%
-374%
OVERVALUED
GREENPLY
Small
Greenply Industries Limited
Building Materials
match 58
34
34.5
11.8%
-23%
WATCHLIST
LGHL
Small
Laxmi Goldorna House Limited
Building Materials
match 53
33
93.0
19.1%
-204%
WATCHLIST
EVERESTIND
Small
Everest Industries Limited
Building Materials
match 53
22
—
-16.1%
—
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Greenlam Industries Limited operates in Laminates, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
63Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 38th percentile of the scored universe and 41st percentile within Consumer. Main check: results consistency is weak at 39/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
147 docs text-extracted · 52 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
38th percentile
overall median 67 · Consumer: 41st pctile, median 66 · Small: 43rd pctile, median 66
Evidence depth
Financial-only
147 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
78
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
73
acceptable · leverage and solvency
Discipline
40
weak · capital discipline
Results
39
weak · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 3.4%.
- ▸9 years of positive FCF.
- ▸4/4 latest quarters had positive YoY revenue growth.
Trust risks
- ▸2 latest quarters had PAT decline worse than 25% YoY.
- ▸ROE is low at 5%.
- ▸Revenue CAGR is 15% but EPS CAGR is -23%.
- ▸1/4 latest quarters had positive YoY PAT growth.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Greenlam Industries Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Acquisition 4 Sep - Greenlam to acquire 26% of Bhadla Minigrid Solar 4 for Rs 2.065 crore.
Source: Bse
Credit rating
Announcement under Regulation 30 (LODR)-Credit Rating 3 Sep - CARE reaffirmed Greenlam’s AA-/A1+ ratings on ₹806.52 crore facilities; outlook revised to Stable.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 26 Aug
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 8 Jul - Newspaper Advertisement with respect to 13th Annual General Meeting, Record Date and E voting information
Source: Bse
Annual report
Reg. 34 (1) Annual Report. 7 Jul
Source: Bse
Concall transcript
Announcement under Regulation 30 (LODR)-Earnings Call Transcript 9 Jun - Transcript of Earning calls Q4 & FY 26.
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.