Greenlam Industries Management Guidance Tracker

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

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

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

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

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

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

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

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

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

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

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