pocketful logo
Greenlam Industries Ltd logo

Greenlam Industries Ltd

NSE: GREENLAM BSE: 538979

244.87

(2.23)%

Mon, 02 Feb 2026, 04:30 am

Analysis

dividend

thumbs up icon

Pros

  • Dividends paid are thoroughly covered by earnings (12.3x coverage).
  • Dividends after 3 years are expected to be thoroughly covered by earnings (10.4x coverage).
thumbs up icon

Cons

  • Dividend payments have increased, but Greenlam Industries only paid a dividend in the past 5 years.
  • Whilst dividend payments have been stable, Greenlam Industries has been paying a dividend for less than 10 years.
  • Greenlam Industries's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.76%).
  • Greenlam Industries's dividend is below the markets top 25% of dividend payers in India (3.08%).

future

thumbs up icon

Pros

  • Cash flow for Greenlam Industries is expected to increase by more than 50% in 2 years time.
  • Performance (ROE) is expected to be above the current IN Building industry average.
thumbs up icon

Cons

  • Greenlam Industries's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Greenlam Industries's earnings are expected to decrease over the next 1-3 years, this is below the India market average.
  • Greenlam Industries's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 7.2%.
  • Greenlam Industries's earnings are expected to decrease over the next year.
  • Greenlam Industries's net income is expected to decrease over the next 2 years.
  • Greenlam Industries is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
  • A decline in Greenlam Industries's performance (ROE) is expected over the next 3 years.
  • Greenlam Industries's revenue is expected to decrease over the next 2 years.
  • Greenlam Industries's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
  • Greenlam Industries's revenues are expected to decrease over the next 1-3 years, this is below the India market average.

health

thumbs up icon

Pros

  • Greenlam Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Greenlam Industries is profitable, therefore cash runway is not a concern.
  • Greenlam Industries is profitable, therefore cash runway is not a concern.
  • Debt is well covered by operating cash flow (35.2%, greater than 20% of total debt).
  • Debt is covered by short term assets, assets are 2.2x debt.
  • Greenlam Industries's cash and other short term assets cover its long term commitments.
  • The level of debt compared to net worth has been reduced over the past 5 years (178.6% vs 57.6% today).
  • Interest payments on debt are well covered by earnings (EBIT is 6.8x coverage).
thumbs up icon

Cons

  • Greenlam Industries's level of debt (57.6%) compared to net worth is high (greater than 40%).
  • High level of physical assets or inventory.

management

thumbs up icon

Pros

  • The tenure for the Greenlam Industries board of directors is about average.
  • Saurabh's compensation has been consistent with company performance over the past year, both up more than 20%.
  • The average tenure for the Greenlam Industries management team is over 5 years, this suggests they are a seasoned and experienced team.
thumbs up icon

Cons

  • Saurabh's remuneration is higher than average for companies of similar size in India.

misc

thumbs up icon

Pros

    thumbs up icon

    Cons

    • Greenlam Industries is covered by less than 3 analysts.
    • Greenlam Industries has significant price volatility in the past 3 months.

    past

    thumbs up icon

    Pros

    • Greenlam Industries's 1-year earnings growth exceeds its 5-year average (24.5% vs 20.9%)
    • Greenlam Industries has delivered over 20% year on year earnings growth in the past 5 years.
    • Greenlam Industries used its assets more efficiently than the IN Building industry average last year based on Return on Assets.
    • Greenlam Industries's earnings growth has exceeded the IN Building industry average in the past year (24.5% vs 2%).
    thumbs up icon

    Cons

    • Greenlam Industries's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
    • Greenlam Industries has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).

    value

    thumbs up icon

    Pros

    • 538979 outperformed the Building industry which returned -33.2% over the past year.
    • 538979 outperformed the Market in India which returned -14.5% over the past year.
    • BSE:538979 is up 17.8% outperforming the Building industry which returned 6.6% over the past month.
    • BSE:538979 is up 17.8% outperforming the market in India which returned 8% over the past month.
    thumbs up icon

    Cons

    • Greenlam Industries's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
    • Greenlam Industries's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
    • Greenlam Industries is overvalued based on assets compared to the IN Building industry average.
    • Greenlam Industries earnings are not expected to grow next year, we can't assess if its growth is good value.
    • Greenlam Industries is overvalued based on earnings compared to the IN Building industry average.
    • Greenlam Industries is overvalued based on earnings compared to the India market.

    Open Your Free Demat Account Now!

    Step into a world of zero fees and limitless opportunities!

    pocketful logo

    2022-25 Pocketful. All rights reserved, Built with in India

    Version -5.76

    app image 1app image 2

    Explore

    Calculatorsfooter arrow down icon
    Popular Calculatorsfooter arrow down icon
    Group Stocksfooter arrow down icon

    Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800