Greenlam Industries' Q1 FY 2026-27 Quarterly Results

Result Summary

• Greenlam Industries Ltd reported a 6.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 18.7%.
• Its expenses for the quarter were down by 4.4% QoQ and up 11.7% YoY.
• The net profit decreased 47.6% QoQ and decreased 235.2% YoY.
• The earnings per share (EPS) of Greenlam Industries Ltd stood at 0.83 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Greenlam Industries Ltd is a leading player in the decorative surfaces industry, focusing primarily on laminates. The company is known for its quality products and innovation in the field of decorative laminates, veneer, and allied products. Greenlam Industries operates in the manufacturing sector and is one of the largest producers of laminates in Asia, with a strong distribution network that spans across multiple countries. The company has made significant strides in expanding its product offerings and enhancing its manufacturing capabilities. However, specific recent major developments concerning Greenlam Industries are not available in the current dataset.

Revenue

In the first quarter of fiscal year 2027 (Q1FY27), Greenlam Industries Ltd reported a total income of ₹802.66 crores. This reflects a decline of 6.6% compared to the previous quarter (Q4FY26), where the total income stood at ₹859.70 crores. Despite this quarter-over-quarter (QoQ) decrease, there is an 18.7% year-over-year (YoY) increase from Q1FY26, when the company recorded a total income of ₹676.24 crores. This indicates that while the company faced a reduction in revenue on a quarterly basis, its year-over-year growth demonstrates a notable improvement in its revenue generation compared to the same quarter last year.

Profitability

For the first quarter of fiscal year 2027, Greenlam Industries Ltd's profit before tax was ₹30.93 crores, marking a decrease of 40.6% from the previous quarter's profit before tax of ₹52.06 crores. Compared to Q1FY26, when the company experienced a loss before tax of ₹-14.48 crores, there is a significant improvement YoY. The company incurred a tax expense of ₹9.69 crores in Q1FY27, down 15.8% from ₹11.51 crores in Q4FY26, yet up 687.8% from ₹1.23 crores in Q1FY26. Net profit after tax for Q1FY27 was ₹21.24 crores, a substantial reduction of 47.6% QoQ from ₹40.55 crores in Q4FY26, but a significant turnaround from a net loss of ₹15.71 crores in Q1FY26. The earnings per share (EPS) for the quarter were ₹0.83, down from ₹1.59 in the previous quarter, yet a positive shift from a negative EPS of ₹-0.62 in the same quarter last year.

Operating Metrics

Greenlam Industries Ltd recorded total expenses of ₹771.73 crores in Q1FY27, down 4.4% from ₹807.64 crores in Q4FY26. Compared to Q1FY26, where total expenses were ₹690.72 crores, there is an 11.7% increase YoY. This indicates that while the company has managed to reduce its expenses over the last quarter, its annual comparison shows an increase. The decrease in expenses QoQ has not translated into improved profitability metrics for the latest quarter, as both profit before tax and profit after tax have decreased compared to Q4FY26. The company's efforts to control expenses over the quarter highlight a focus on optimizing operational efficiency, although the increased expenses YoY point towards potential investments in growth and expansion.