Greenpanel Industries Limited (GREENPANEL.BO) Q3 2024 Earnings Report

Executive Summary

Greenpanel Industries Limited's Q3 2024 financial results have revealed a dramatic downturn in profitability amidst fluctuating revenue figures. The company reported revenues of â‚¹3,857.36 million, a 6.82% decrease year-over-year but showing a 6.70% increase compared to the previous quarter. Gross profit margins tightened considerably to 56.15% compared to 84.08% in Q3 2023, reflecting the significant challenges faced in transitioning the product mix amid cost pressures. Furthermore, net income plummeted by 75.43% on a year-on-year basis, illustrating the sector's current volatility.

Key Performance Indicators

Revenue

3.86B

QoQ: 6.70% | YoY:-6.82%

Gross Profit

2.17B

56.15% margin

QoQ: 40.56% | YoY:-27.93%

Operating Income

436.65M

QoQ: -119.38% | YoY:-104.69%

Net Income

346.15M

QoQ: -54.04% | YoY:-75.43%

EPS

2.82

QoQ: -54.30% | YoY:-75.53%

Revenue Trend

Margin Analysis

Key Insights

**Revenue**: â‚¹3,857.36 million
**YoY Decline**: -6.82%
**QoQ Increase**: +6.70%
**Gross Profit**: â‚¹2,165.81 million
**Gross Profit Margin**: 56.15%

Financial Highlights

Revenue Performance:
- Revenue: â‚¹3,857.36 million
- YoY Decline: -6.82%
- QoQ Increase: +6.70%
- Gross Profit: â‚¹2,165.81 million
- Gross Profit Margin: 56.15%
- Net Income: â‚¹346.15 million
- EPS: â‚¹2.82

Profitability Metrics:
- Operating Income: â‚¹436.65 million
- Net Profit Margin: 9.87%
- EBITDA: â‚¹615.95 million

Cash Flow Insights:
- Net Cash from Operating Activities: â‚¹358.61 million
- Cash at End of Period: â‚¹3,459.58 million

Management attributed changes in operating income margins to a shift in consumer demand toward more affordable product lines, challenging the previously established premium pricing strategy. The ongoing inflationary pressures have also compounded these challenges, affecting operational expenses.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	3.86B	-6.82%	6.70%
Gross Profit	2.17B	-27.93%	40.56%
Operating Income	436.65M	-104.69%	-119.38%
Net Income	346.15M	-75.43%	-54.04%
EPS	2.82	-75.53%	-54.30%

Key Financial Ratios

grossProfitMargin

56.1%

operatingProfitMargin

11%

netProfitMargin

8.97%

returnOnEquity

2.72%

operatingCashFlowPerShare

$2.82

freeCashFlowPerShare

$2.82

priceToBookRatio

4.05

priceEarningsRatio

37.2

Net Income vs. Revenue

Expense Breakdown

Competitive Position

Company	Gross Margin	Operating Margin	Return on Equity	P/E Ratio
GREENPANEL.BO Focus	56.15%	11.00%	2.72%	37.20%

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q1 2026	3,281.94	-2.82	-17.3%	View
Q4 2024	3,966.00	2.43	-10.2%	View
Q3 2024	3,857.36	2.82	-6.8%	View
Q2 2024	3,987.30	3.34	-15.5%	View
Q1 2024	3,861.86	3.04	-5.5%	View

Greenpanel Industries (GREENPANEL.BO) Q3 2024 Earnings Report

Earnings Highlights

Greenpanel Industries Limited (GREENPANEL.BO) Q3 2024 Financial Results: Challenges Trigger a Shift

Executive Summary

Key Performance Indicators

Revenue

Gross Profit

Operating Income

Net Income

EPS

Revenue Trend

Margin Analysis

Key Insights

Financial Highlights

Income Statement

Key Financial Ratios

Net Income vs. Revenue

Expense Breakdown

Management Commentary

Forward Guidance

Competitive Position

Gross Profit Margin

Operating Profit Margin

Return on Equity

P/E Ratio Comparison

Investment Outlook

Key Investment Factors

Growth Potential

Profitability Risk

Financial Position

SWOT Analysis

Strengths

Weaknesses

Opportunities

Threats

Historical Earnings Comparison

Greenpanel Industries (GREENPANEL.BO) Q3 2024 Earnings Report

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue

Gross Profit

Operating Income

Net Income

EPS

Revenue Trend

Margin Analysis

Key Insights

Financial Highlights

Income Statement

Key Financial Ratios

Net Income vs. Revenue

Expense Breakdown

Management Commentary

Forward Guidance

Competitive Position

Gross Profit Margin

Operating Profit Margin

Return on Equity

P/E Ratio Comparison

Investment Outlook

Key Investment Factors

Growth Potential

Profitability Risk

Financial Position

SWOT Analysis

Strengths

Weaknesses

Opportunities

Threats

Historical Earnings Comparison

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