Greenply Industries Research Report By Anand Rathi

Tagged: Anand Rathi, Greenply

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June 30, 2015 at 10:29 am #2143

Vidhi Khanna
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Strong balance-sheet to fund expansion; debt to be in check With a 30% share of the organised market and its strong brand equity, Greenply Industries leads plyboard in India. The hiving off of the laminates division has led to lower debt-equity ratio and adequate free-cash flow. The MDF capacity expansions, GST implementation, revival in real estate growth would deliver growth for the company.

Greenply Industries_VN_23 June 2015
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