Greenlam Industries Ltd (GREENLAM)

Greenlam Industries Limited, incorporated on August 12th 2013 and engaged in the business of manufacturing laminates, decorative veneers, and other allied products, has two overseas subsidiaries (Greenlam Asia Pacific Pte Ltd and Greenlam America Inc), two domestic subsidiaries (Greenlam South Ltd & HG Industries Limited) with 74.91 shares respectively, and various branches and dealers all over the country. Through the Composite Scheme of Arrangement that was approved by the Honorable Gauhati High Court in October 2014 the decorative business of Greenply Industries Limited was demerged and transferred to Greenlam Industries Limited and became effective on November 17, 2014. Subsequently, the Company started the manufacturing and production of Engineered Door Sets, with an additional 2 million laminate sheets per annum by June 2017, and later in September 2019, with the addition of another 1.6 million laminate sheets, the Company now has a capacity of 15.62 million laminate sheets per annum. Moreover, Greenlam Industries Limited has International subsidiaries in Dubai, Indonesia, Russia, and Poland. Also, the Company acquired 74.91 equity share capital of HG Industries Limited, thereafter becoming its subsidiary. Lastly, the Company has extended its service by setting up a branch office in Kathmandu, Nepal.

Share Price: ₹580.15 per share as on 03 May, 2024 12:52 PM
Market Capitalisation: ₹7,499.43Cr as of today
Revenue: ₹563.37Cr as on December 2023 (Q4 23)
Net Profit: ₹25.26Cr as on December 2023 (Q4 23)
Listing date: 02 Mar, 2015
Chairperson Name: Shiv Prakash Mittal