GREENLAM / guidance tracker

Keep management guidance in view.

Greenlam Industries · forward-looking guidance across the available source record.

Research layer active

Guidance tracker

What management said would happen.

Consolidated revenue growth of 18-20% for FY26

Management expects to maintain 18-20% revenue growth at the consolidated level for the full year.

revenue

Laminate EBITDA margin guidance of ~16% on a yearly basis

Management reiterated a long-term laminate EBITDA margin guidance of around 16% annually, though Q2 achieved 18.7%.

margins

Brownfield laminate expansion of 2 million sheets, commercial production in Q4 FY27

Two new laminate lines at Nidopeta, Andhra Pradesh, will add capacity and generate ₹375-400 crore revenue.

expansion

Chipboard breakeven expected in FY27

Chipboard business is expected to break even at EBITDA level in FY27 as utilization improves.

growth

Full-year revenue growth 18-20%

Management expects FY26 revenue growth to be in the 18-20% range, with Q4 being a strong quarter.

revenue

Chipboard capacity utilization target 55-60% in FY27

Targeting 55-60% capacity utilization for chipboard in the next fiscal year.

growth

Plywood/chipboard EBITDA breakeven next year

Expect plywood and chipboard segments to achieve EBITDA breakeven in the next fiscal year.

margins

18% topline growth in FY27

Management reiterated 18% revenue growth guidance for FY27, driven by all segments.

revenue

Chipboard and plywood to break even in FY27

Both chipboard and plywood segments are expected to achieve breakeven during FY27 as utilization improves.

margins

Laminate margin to sustain at 16-17%

Laminate EBITDA margin is expected to remain in the 16-17% range, with potential for slight improvement.

margins

Two new laminate lines by end of FY27

Two brownfield laminate lines at Andhra Pradesh plant will commence production by end of FY27, adding 2 million sheets capacity.

capex