Integrated Filing — IndAS



General information about company
Scrip Code 538979
NSE Symbol GREENLAM
MSEI Symbol NOTLISTED
ISIN INE544R01021
Name of company GREENLAM 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 30-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 23-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
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 30-May-2025   15:00:00
End date and time of board meeting 30-May-2025   17:15:00
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



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 Consolidated Consolidated
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 6817700000 25693400000
Other income 0 109900000
Total income 6817700000 25803300000
2 Expenses
(a) Cost of materials consumed 2988200000 12104000000
(b) Purchases of stock-in-trade 79600000 470500000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 294900000 -308600000
(d) Employee benefit expense 1304600000 5111100000
(e) Finance costs 199100000 654800000
(f) Depreciation, depletion and amortisation expense 333300000 1137200000
(f) Other Expenses
1 Other Expenses 1510400000 5570400000
Total other expenses 1510400000 5570400000
Total expenses 6710100000 24739400000
3 Total profit before exceptional items and tax 107600000 1063900000
4 Exceptional items 0 0
5 Total profit before tax 107600000 1063900000
6 Tax expense
7 Current tax 115500000 468500000
8 Deferred tax -22600000 -88100000
9 Total tax expenses 92900000 380400000
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 14700000 683500000
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 14700000 683500000
17 Other comprehensive income net of taxes -6800000 20300000
18 Total Comprehensive Income for the period 7900000 703800000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 20840000 696940000
Total profit or loss, attributable to non-controlling interests -6100000 -13400000
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 13740000 716940000
Total comprehensive income for the period attributable to owners of parent non-controlling interests -5800000 -13100000
21 Details of equity share capital
Paid-up equity share capital 255100000 255100000
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve 11013800000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.06 2.68
Diluted earnings (loss) per share from continuing operations 0.06 2.68
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 0.06 2.68
Diluted earnings (loss) per share from continuing and discontinued operations 0.06 2.68
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 Consolidated
Assets
1 Non-current assets
Property, plant and equipment 17369000000
Capital work-in-progress 280600000
Investment property 19400000
Goodwill 31800000
Other intangible assets 74500000
Intangible assets under development 3300000
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 100000
Trade receivables, non-current 6000000
Loans, non-current 0
Other non-current financial assets 168400000
Total non-current financial assets 174500000
Deferred tax assets (net) 98300000
Other non-current assets 104900000
Total non-current assets 18156300000
2 Current assets
Inventories 6647100000
Current financial asset
Current investments 559700000
Trade receivables, current 1566600000
Cash and cash equivalents 425000000
Bank balance other than cash and cash equivalents 1100000
Loans, current 7400000
Other current financial assets 19700000
Total current financial assets 2579500000
Current tax assets (net) 58100000
Other current assets 1645200000
Total current assets 10929900000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 29086200000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 255100000
Other equity 11013800000
Total equity attributable to owners of parent 11268900000
Non controlling interest -16400000
Total equity 11252500000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 7313000000
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 952400000
Total non-current financial liabilities 8265400000
Provisions, non-current 180100000
Deferred tax liabilities (net) 68800000
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 8514300000
Current liabilities
Current financial liabilities
Borrowings, current 3437900000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 216800000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 3929500000
Total Trade payable 4146300000
Other current financial liabilities 1134400000
Total current financial liabilities 8718600000
Other current liabilities 534900000
Provisions, current 45400000
Current tax liabilities (Net) 20500000
Deferred government grants, Current 0
Total current liabilities 9319400000
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 17833700000
Total equity and liabilites 29086200000
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 Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Laminates & Allied Products 5754000000 22263700000
2 Veneers & Allied Products 626300000 2152100000
3 Plywood & Allied Products 386300000 1226400000
4 Chipboard & Allied Products 51100000 51200000
Total Segment Revenue 6817700000 25693400000
Less: Inter segment revenue 0 0
Revenue from operations 6817700000 25693400000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Laminates & Allied Products 943600000 3691000000
2 Veneers & Allied Products 24100000 37700000
3 Plywood & Allied Products -48100000 -263200000
4 Chipboard & Allied Products -178600000 -178600000
Total Profit before tax 741000000 3286900000
i. Finance cost 199100000 199100000
ii. Other Unallocable Expenditure net off Unallocable income 434300000 434300000
Profit before tax 107600000 1064100000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Laminates & Allied Products 13266200000 13266200000
2 Veneers & Allied Products 2281700000 2281700000
3 Plywood & Allied Products 2074200000 2074200000
4 Chipboard & Allied Products 8233300000 8233300000
Total Segment Asset 25855400000 25855400000
Un-allocable Assets 3230800000 3230800000
Net Segment Asset 29086200000 29086200000
4 Segment Liabilities
Segment Liabilities
1 Laminates & Allied Products 5317800000 5317800000
2 Veneers & Allied Products 517900000 517900000
3 Plywood & Allied Products 284600000 284600000
4 Chipboard & Allied Products 544500000 544500000
Total Segment Liabilities 6664800000 6664800000
Un-allocable Liabilities 349100000 349100000
Net Segment Liabilities 7013900000 7013900000
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 Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to profit or loss -19000000 -13200000
Total Amount of items that will not be reclassified to profit and loss -19000000 -13200000
2 Income tax relating to items that will not be reclassified to profit or loss -4800000 -2700000
3 Amount of items that will be reclassified to profit and loss
1 Items that will be reclassified to profit or loss 7400000 30800000
Total Amount of items that will be reclassified to profit and loss 7400000 30800000
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income -6800000 20300000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 1063900000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 654800000
Adjustments for decrease (increase) in inventories -556100000
Adjustments for decrease (increase) in trade receivables, current -379000000
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 -44500000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 631000000
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 1137200000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current -13500000
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 64400000
Adjustments for dividend income 0
Adjustments for interest income 35900000
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 500000
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 23700000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 1482600000
Net cash flows from (used in) operations 2546500000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 497500000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 2049000000
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 44500000
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 914500000
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 12500000
Purchase of property, plant and equipment 2676000000
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 35900000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) investing activities -1668600000
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 2321900000
Repayments of borrowings 1558800000
Payments of lease liabilities 179400000
Dividends paid 210500000
Interest paid 656400000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -283200000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 97200000
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 97200000
Cash and cash equivalents cash flow statement at beginning of period 327800000
Cash and cash equivalents cash flow statement at end of period 425000000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 S S Kothari Mehta & Co LLP Yes 31-Aug-2025