Greenlam Industr (GREENLAM)

Score breakdown: P/E: 0/3 · ROCE: 0/2 · Growth: 0/2 · Dividend: 0/1

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

At ₹230.55, Greenlam Industr carries a market cap of ₹6,098 crore. Laminates and plywood are businesses I can understand, but understanding is not enough; I need attractive economics. The numbers fail that test. Trailing P/E of 335.66 means the market is paying for earnings that have almost vanished—profit growth is -106.94%, and the latest quarter reported a net loss of ₹1 crore on sales of ₹706 crore. A 17.33% sales growth number is pleasing on the surface, but growth without profits is not value creation. With a PEG of 19.37, the price already discounts a recovery that the financials do not support. ROE is 12.05%, but that is boosted by debt; ROCE is only 7.41%, and debt/equity is 1.03. That is not a fortress balance sheet. Piotroski F-Score of 4/9 and FairStock Score of 7/100 reinforce my caution. Book value is ₹42.86; at ₹230.55, I am paying 5.38 times book for mediocre returns and a 0.17% dividend yield. Promoter holding of 50.98% is a positive: owners have meaningful skin in the game. But even good alignment cannot justify this valuation. This looks like a cyclical business hitting a rough patch while carrying leverage. Graham taught me to buy with a margin of safety. Here the margin is absent, and the price offers no protection. I will not chase this; I will wait for evidence of durable margins, positive profits, and a reasonable price.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer