Greenpanel Industries conducted their earnings con-call today at 4:00 pm
"One of the major MDF player in India"
Here are the key highlights of the call 😀👇
@varinder_bansal @nid_rockz
- The company have divided forex loss in 2 parts: 7 crore in interest and 1 crore above EBITDA.
- Exports market: Anti dumping which was announced couple of weeks back has been confirmed by the government. This will improve the margins.
- Company has witnessed larger growth in towns and cities and things are slow in urban areas specially in western states.
- Extent of industrial growth from company point of view is that it have grown above 25 percent in previous times and further it can growth above 15 percent next quarter
- Non availability of containers for shipment is impacting imports.
- Company have sufficient space in Andhra Pradesh to do brownfield expansion
- Value added MDF contribution has gone up this quarter.
- For next couple of years growth can be of 15 to 20% in MDF segment. In plywood in bad times 3 to 4% and in good period 6 to 8%.
- Net debt: 452 crore at end of current quarter, 400cr by 31 March 2021 and Around 200 crore by 2022.
-There have been a change in the product mix for the company. There is a dip in plywood realization as people shifted to other alternative.
- After MDF full capacity expansion there will not be a lot of Marketing expenditure
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