Touchwood! How Greenpanel Industries Yielded 812% Returns In Just 2 Years

Published by Trinkerr Academy on

If you had ₹1 lakh invested in Greenpanel in September 2020, you could have had ₹9.12 lakhs today! This multibagger has given its investors whopping returns of 812% in just 2 years. Here’s a sneak peek at the company.

🪵 Stock: Greenpanel Industries Ltd.

🌱 About The Company
Greenpanel Industries is the largest manufacturer of wood panels and is also into manufacturing plywood, medium-density fiberboard (MDF) and allied products. Its principal product is MDF and it is a market leader in this segment.

It was a part of Greenply Industries, but it de-merged on April 1, 2018, into an independent company. Greenpanel largely focuses on the manufacturing, distribution and marketing of MDF.

🌏 Global Presence
It also has an overseas wholly-owned subsidiary company incorporated in Singapore, Greenpanel Singapore Pte. Limited, which is engaged in the trading of MDF and allied products.

🏭 Increase In Capacity
The company has 3 manufacturing facilities in Uttarakhand and Andhra Pradesh with an MDF capacity of 5,40,000 CBM p.a. and a plywood capacity of 10.5 million sq. meter p.a. The capacity utilisation of the factories was 69% and 71% in the plywood and MDF segments, which is more than in the preceding year.

The company aims to increase the capacity of the MDF segment from 540,000 CBM to 6,60,000 CBM as a part of de-bottlenecking its production. The company makes 82% of its revenue from the domestic market and the balance, i.e., 18%, from the global market.

💸 Stock Value
On September 28, 2020, the shares of the company were trading at ₹45.55, while they were priced at ₹415.50 as of September 27, 2022.


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