Greenlam Industries Ltd - 538979 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the schedule of Earnings Call to discuss the operational and financial performance for Q3 & 9M FY23 with Investors & Analysts of the Company. Greenlam Industries Ltd - 538979 - Board Meeting Intimation for Intimation Of Board Meeting And Closure Of Trading Window
Greenlam Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/02/2023 ,inter alia, to consider and approve Notice is hereby given pursuant to Regulation 29(1)(a), 50(1)(c) and other applicable Regulation of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that a meeting of the Board of Directors of Greenlam Industries Limited is scheduled to be held on Thursday, February 02, 2023, inter alia, to consider and approve the Un-audited Standalone and Consolidated Financial Results of the Company for the quarter and nine months ended December 31, 2022. Notice is also given that, pursuant to the provisions of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 and the Company's Code of Conduct for Prohibition of Insider Trading, the Trading Window has been closed for the Designated Persons and their immediate relatives with effect from January 01, 2023 and will be reopened on February 04, 2023 after expiry of 48 hours of submitting the above referred Financial Results of the Company to the Stock Exchanges on February 02, 2023. Greenlam Industries Ltd - 538979 - Announcement under Regulation 30 (LODR)-Scheme of Arrangement
The Company has in receipt of Observation Letters regarding the proposed Scheme of Arrangement between HG Industries Limited (formerly Himalaya Granites Limited) ('Transferor Company') and Greenlam Industries Limited (the 'Company' or 'Transferee Company') and their respective shareholders and all concerned for the amalgamation of the Transferor Company with and into the Transferee Company ('Scheme')
Greenlam Industries Q3 PAT seen up 5.9% YoY to Rs. 29 cr: Sharekhan
Net Sales are expected to increase by 14.8 percent Y-o-Y (down 0.3 percent Q-o-Q) to Rs. 516 crore, according to Sharekhan. Greenlam Industries Ltd - 538979 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Pursuant to the requirement under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, we are enclosing herewith the compliance certificate issued by Link Intime India Private Limited, Registrar and Share Transfer Agent (RTA) of the Company for the quarter ended December 31, 2022. Greenlam Industries Ltd - 538979 - Announcement under Regulation 30 (LODR)-Credit Rating
This is to inform you that ICRA Limited has assigned the credit ratings on the Long term and Short term Banking Facilities of the Company and Non-Convertible Debenture (NCD) issued/ proposed to be issued by the Company as per attached disclosure. Kindly take the above information on records.
Buy Greenlam Industries; target of Rs 420: Sharekhan
Sharekhan is bullish on Greenlam Industries has recommended buy rating on the stock with a target price of Rs 420 in its research report dated November 14, 2022. Greenlam Industries Ltd - 538979 - Disclosure Of Related Party Transactions Pursuant To Regulation 23(9) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith the Disclosure on Related Party Transactions of the Company for the half year ended September 30, 2022. Greenlam Industries Ltd - 538979 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Transcript of Earnings Call held on November 14, 2022 to discuss operational and financial performance for Q2 & H1 FY 23. Q2FY23 Quarterly Result Announced for Greenlam Industries Ltd.
Furniture company Greenlam Industries announced Q2FY23 results: Q2FY23: Net revenues reported at Rs 518.0 crore, a growth of 14.1% on YoY basis The laminate business grew by 13.7% in value terms but de-grew by 10.2% in volume terms on a YoY basis EBDITA reported at Rs 53.7 crore, a growth of 17.0% on YoY basis Net Profit reported at Rs 29.2 crore, a growth of 41.0% on a YoY basis H1FY23: Net Sales reported at Rs 988.6 crore, a growth of 25.1% on a YoY basis Laminate business revenues grew by 24.5% in value terms but de-grew by 4.2% in volume terms on a YoY basis EBDITA reported at Rs 104.0 crore, a growth of 23.7% on a YoY basis Net Profit reported at Rs 53.8 crore, a growth of 41.3% on YoY basis Speaking about the results Mr. Saurabh Mittal, Managing Director and Chief Executive Officer, Greenlam Industries Ltd. said, “The current quarter witnessed a healthy top line growth with overall revenue at Rs 518.0 crore for the quarter, growth of 14.1% on YoY basis. Laminate segment grew by 13.7% and veneer and allied grew by 18.3%. EBIDTA for the quarter grew by 17.0% and stood at Rs. 53.7 crore. We continued our focus on managing our balance sheet with improvements in the net working capital days by 8 days which stood at 69 days in Q2FY23. During the quarter, we also raised capital to the extent of Rs. 195.0 crore by issuing equity shares on preferential basis. The ROCE for the business without accounting for the capital employed in the projects stood at 16.2%. Sustaining our focus on strengthening our manufacturing capabilities, our plant in Prantij, Gujarat started its operations in August 2022 and all the presses with the enhanced capacity shall be operational by Q4 of FY2023. Our plywood, laminate and particle board projects are moving as per schedule with construction in full swing and are expected to commence operations as per the schedule. The financing for all projects has been tied up and we have completed the financial closure for the capex program. At Greenlam, we always believe in serving our customers with best-in-class services and offerings. In our ongoing pursuit to enhance the consumer experience, we expanded our retail presence by launching an Experience Center in Ahmedabad, Gujarat.” Result PDF