Integrated Filing — IndAS

General information about company
Scrip Code	542857
NSE Symbol	GREENPANEL
MSEI Symbol	NOTLISTED
ISIN	INE08ZM01014
Name of company	GREENPANEL INDUSTRIES LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	22-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	16-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	22-May-2025   13:30:00
End date and time of board meeting	22-May-2025   15:45:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2025-05-22
Indicate Company website link for updated RPT policy of the Company	https://www.greenpanel.com/wp-content/uploads/2025/05/POLICY-ON-THE-MATERIALITY-OF-RELATED-PARTY-TRANSACTIONS-AND-ON-DEALING-WITH-RELATED-PARTIES.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	Yes

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	3745051000	14357686000
	Other income	38962000	225687000
	Total income	3784013000	14583373000
2	Expenses
(a)	Cost of materials consumed	1782935000	7131091000
(b)	Purchases of stock-in-trade	63384000	175108000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	32032000	101565000
(d)	Employee benefit expense	340375000	1400950000
(e)	Finance costs	23569000	66708000
(f)	Depreciation, depletion and amortisation expense	197838000	774200000
(f)	Other Expenses
1	Other Expenses	1046822000	4236854000
	Total other expenses	1046822000	4236854000
	Total expenses	3486955000	13886476000
3	Total profit before exceptional items and tax	297058000	696897000
4	Exceptional items	0	0
5	Total profit before tax	297058000	696897000
6	Tax expense
7	Current tax	-96760000	-60935000
8	Deferred tax	99959000	36743000
9	Total tax expenses	3199000	-24192000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	293859000	721089000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	293859000	721089000
17	Other comprehensive income net of taxes	-3952000	-3952000
18	Total Comprehensive Income for the period	289907000	717137000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	122627000	122627000
	Face value of equity share capital	1	1
27	Details of debt securities
22	Reserves excluding revaluation reserve		13728974000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	2.4	5.88
	Diluted earnings (loss) per share from continuing operations	2.4	5.88
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	2.4	5.88
	Diluted earnings (loss) per share from continuing and discontinued operations	2.4	5.88
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	15577331000
	Capital work-in-progress	111142000
	Investment property	0
	Goodwill	0
	Other intangible assets	10743000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	0
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	221461000
	Total non-current financial assets	221461000
	Deferred tax assets (net)	0
	Other non-current assets	55459000
	Total non-current assets	15976136000
2	Current assets
	Inventories	1988197000
	Current financial asset
	Current investments	1207549000
	Trade receivables, current	417905000
	Cash and cash equivalents	339586000
	Bank balance other than cash and cash equivalents	709817000
	Loans, current	8063000
	Other current financial assets	365566000
	Total current financial assets	3048486000
	Current tax assets (net)	113632000
	Other current assets	232607000
	Total current assets	5382922000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	21359058000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	122627000
	Other equity	13728974000
	Total equity attributable to owners of parent	13851601000
	Non controlling interest
	Total equity	13851601000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	3206522000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	139756000
	Total non-current financial liabilities	3346278000
	Provisions, non-current	67037000
	Deferred tax liabilities (net)	1045873000
	Deferred government grants, Non-current	270413000
	Other non-current liabilities	0
	Total non-current liabilities	4729601000
	Current liabilities
	Current financial liabilities
	Borrowings, current	691602000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	397127000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	630556000
	Total Trade payable	1027683000
	Other current financial liabilities	612475000
	Total current financial liabilities	2331760000
	Other current liabilities	168852000
	Provisions, current	37244000
	Current tax liabilities (Net)	0
	Deferred government grants, Current	240000000
	Total current liabilities	2777856000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	7507457000
	Total equity and liabilites	21359058000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Plywood and allied products	337729000	1351881000
2	Medium density fibreboards and allied products	3407322000	13005805000
	Total Segment Revenue	3745051000	14357686000
	Less: Inter segment revenue	0	0
	Revenue from operations	3745051000	14357686000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Plywood and allied products	55713000	117019000
2	Medium density fibreboards and allied products	520686000	1729905000
	Total Profit before tax	576399000	1846924000
	i. Finance cost	23569000	23569000
	ii. Other Unallocable Expenditure net off Unallocable income	255772000	255772000
	Profit before tax	297058000	696897000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Plywood and allied products	612277000	612277000
2	Medium density fibreboards and allied products	17088480000	17088480000
	Total Segment Asset	17700757000	17700757000
	Un-allocable Assets	3658301000	3658301000
	Net Segment Asset	21359058000	21359058000
4	Segment Liabilities
	Segment Liabilities
1	Plywood and allied products	124314000	124314000
2	Medium density fibreboards and allied products	5967522000	5967522000
	Total Segment Liabilities	6091836000	6091836000
	Un-allocable Liabilities	1415621000	1415621000
	Net Segment Liabilities	7507457000	7507457000
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurements of defined benefit (liability)/asset	-5281000	-5281000
	Total Amount of items that will not be reclassified to profit and loss	-5281000	-5281000
2	Income tax relating to items that will not be reclassified to profit or loss	-1329000	-1329000
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	-3952000	-3952000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			696897000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			66708000
	Adjustments for decrease (increase) in inventories			27390000
	Adjustments for decrease (increase) in trade receivables, current			27841000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			0
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-208125000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			0
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			774200000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			0
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			1925000
	Adjustments for dividend income			0
	Adjustments for interest income			188629000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			-354592000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			146718000
	Net cash flows from (used in) operations			843615000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			65573000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			778042000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			51878000
	Purchase of property, plant and equipment			1922457000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			84735000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			128982000
	Net cash flows from (used in) investing activities	-1656862000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			1423368000
	Repayments of borrowings			309624000
	Payments of lease liabilities			110665000
	Dividends paid			36788000
	Interest paid			144703000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			821588000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-57232000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			-57232000
	Cash and cash equivalents cash flow statement at beginning of period			396818000
	Cash and cash equivalents cash flow statement at end of period			339586000