Greenlam Industries Q1 Review - New Capacities To Boost Performance: Yes Securities

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Yes Securities Report.Greenlam Industries Ltd. registered a decent quarter where in laminates biz increased by 39%YoY and remained flattish sequentially. Volumes of laminates division grew by 8% YoY and 3% QoQ while realisations expanded by 23.5 % YoY and remained flat as compared to previous quarter. Ebitda margins of laminates came in at 12.4% in Q1 FY23 versus 12.9%/13.3% in Q4 FY22/Q1 FY22 respectively. Greenlam Industries' domestic and exports mix of laminates was 50‐50 for the quarter. In exports, company’s order of Rs 180‐200 million was in transit and was not recognised in Q1 FY23. During the quarter company took price hikes of 3% and 5% in domestic and exports markets respectively..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Greenlam Industries Q1 Review - New Capacities To Boost Performance: Yes Securities

Greenlam Industries Q1 Review - New Capacities To Boost Performance: Yes Securities

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