Greenply Industries Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
- October 9, 2026
- Posted by: Chaitanya Auti
- Category: Market
Greenply Industries share price Rs 300.70 (9 October 2026). Base target Rs 345, bull Rs 418, downside risk Rs 244. PE 38.5. 52W range Rs 176.42 to Rs 334.40.
Quick Answer
The Greenply Industries share price target for 2027 is Rs 345, about 14.7% above the current price of Rs 300.70. The bull case is Rs 418, and the downside risk level, which is not a target, is Rs 244. The base case assumes earnings per share grow 13.1% a year, the pace seen from FY24 to FY26, with the stock holding its PE of 38.5. These are model-based estimates built from reported financials, not guaranteed outcomes.
Investors weighing a Greenply Industries target price for 2027 should start with where the stock sits today. At Rs 300.70 on 9 October 2026, it is 10.1% below its 52-week high of Rs 334.40 and 70.4% above its 52-week low of Rs 176.42. That range spans 90% from low to high, so the entry point matters as much as the Greenply Industries price forecast itself.
This article builds the Greenply Industries share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario shows its assumptions, so you can see exactly how the Rs 345 base case and the Rs 418 bull case were reached, along with a downside risk level of Rs 244.
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Greenply Industries Stock Analysis: Company Overview and Key Stats
Greenply Industries (NSE: GREENPLY) has a market capitalisation of Rs 3,808 crore. In FY26 it reported revenue of Rs 2,758 crore and net profit of Rs 89.78 crore. The table collects the figures the Greenply Industries share price target is built on.
| Metric | Value |
|---|---|
| Company | Greenply Industries |
| NSE Ticker | GREENPLY |
| CMP (9 October 2026) | Rs 300.70 |
| 52-Week High | Rs 334.40 |
| 52-Week Low | Rs 176.42 |
| Market Cap | Rs 3,808 crore |
| PE Ratio (TTM) | 38.50 |
| Industry PE | 36.91 |
| Price to Book | 4.26 |
| Return on Equity | 11.17% |
| Debt to Equity | 0.58 |
| EPS (TTM) | Rs 7.92 |
| Dividend Yield | 0.16% |
| 12-Month Base Target | Rs 345 |
| Bull Case | Rs 418 |
| Downside Risk Level (not a target) | Rs 244 |
Why Is Greenply Industries Share Price Target Set at Rs 345 for 2027?
The base-case Greenply Industries stock target of Rs 345 applies a PE multiple of 38.50 to a forward EPS estimate of Rs 8.96. That EPS assumes 13.1% yearly growth, the pace from FY24 to FY26, and puts the target 14.7% above the current price. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.
Earnings Growth Behind the Greenply Industries Target Price: Five Years of Results
Greenply Industries grew revenue from Rs 1,573 crore in FY22 to Rs 2,758 crore in FY26, a compound annual growth rate of 15.1%. Net profit grew more slowly, from Rs 94.73 crore to Rs 89.78 crore (-1.3% a year), which points to margin pressure alongside the sales growth.
| Financial Year | Revenue (Rs Cr) | Net Profit (Rs Cr) | EPS (Rs) | Dividend per Share (Rs) |
|---|---|---|---|---|
| FY22 | 1,572.71 | 94.73 | 7.72 | 0.50 |
| FY23 | 1,680.39 | 106.01 | 7.37 | 0.50 |
| FY24 | 2,193.77 | 85.24 | 5.61 | 0.50 |
| FY25 | 2,504.07 | 91.72 | 7.34 | 0.50 |
| FY26 | 2,757.63 | 89.78 | 7.18 | 0.50 |
FY26 revenue growth was 10.1%, slower than the four-year average of 15.1%, and net profit moved down 2.1%. EPS rose from Rs 5.61 in FY24 to Rs 7.18 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.
Margins and the Latest Quarter
Greenply Industries converted 3.3% of FY26 revenue into net profit, against 3.7% in FY25, within a five-year range of 3.3% to 6.3%. EBITDA margin was 8.9% in FY26 versus 8.8% in FY25.
In the June 2026 quarter, revenue was Rs 726.71 crore, up 18.4% from the same quarter a year earlier, while net profit of Rs 37.61 crore was up 32.2%. EBITDA came in at Rs 80.11 crore, up 7.1% year on year. The next quarterly result is the first test of whether the earnings assumption holds.
Balance Sheet and Cash Flow
Debt to equity stands at 0.58, and shareholders’ equity grew from Rs 538.16 crore in FY22 to Rs 895.37 crore in FY26. Operating cash flow in FY26 was Rs 246.88 crore against capital expenditure of Rs 157.20 crore, leaving free cash flow of Rs 89.68 crore, or 2.4% of the current market capitalisation. In FY25 free cash flow was Rs 140.97 crore.
Valuation Check for the Greenply Industries Stock Target: PE, Price to Book and ROE
At a PE of 38.50 against an industry PE of 36.91, Greenply Industries trades in line with its industry. Price to book is 4.26 on a book value of Rs 71.64 per share, and return on equity is 11.17%. A PE of 38.50 equals an earnings yield of 2.6%, and the FY26 dividend of Rs 0.50 per share gives a yield of 0.16%.
Shareholding Pattern and Institutional Holding
Promoters held 51.93% of Greenply Industries in June 2026, and promoter holding rose from 51.69% in June 2025 to 51.93% in June 2026. Foreign institutional investors (FII) held 4.44% and domestic institutions (DII) held 31.43%, which puts total institutional holding at 35.87%. FII holding has stayed near 4.44% since June 2025. Public shareholders own the remaining 12.21%. A meaningful institutional holding adds a layer of research coverage and trading depth.
Greenply Industries Share Price Targets for the Short Term and 12 Months
Short Term Greenply Industries Stock Target Levels: Technical Setup
At Rs 300.70 on 9 October 2026, Greenply Industries trades above its 50-day simple moving average of Rs 291.22 and above its 200-day exponential moving average of Rs 278.33. The 14-day RSI reads 54.9, which is neutral territory, and the MACD line sits above its signal line. The nearest resistance level is Rs 334.40 (52-week high) and the nearest support is Rs 291.22 (50-day simple moving average). A sustained move above Rs 334.40 would improve the short-term setup, while a close below Rs 291.22 would shift attention to the next support.
12 Month Greenply Industries Target Price for 2027
The 12-month target for Greenply Industries is Rs 345: forward EPS of Rs 8.96 at a PE of 38.50. That is 14.7% above Rs 300.70. It would also push the stock above its 52-week high of Rs 334.40.
How EPS Growth and PE Multiple Change the Greenply Industries Target Price
| EPS Growth | PE 30.80 | PE 38.50 | PE 44.27 |
|---|---|---|---|
| 0.0% (EPS Rs 7.92) | Rs 244 | Rs 305 | Rs 351 |
| 13.1% (EPS Rs 8.96) | Rs 276 | Rs 345 | Rs 397 |
| 19.1% (EPS Rs 9.44) | Rs 291 | Rs 363 | Rs 418 |
Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the Greenply Industries price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.
Bull Case and Downside Risk for Greenply Industries Stock Target in 2027
Bull Case Rs 418
The bull case Greenply Industries price target needs EPS growth of 19.1%, which lifts forward EPS to Rs 9.44, and a PE multiple that rises 15% to 44.27. That gives Rs 418, 39.0% above the current price and above the 52-week high of Rs 334.40, so the stock would have to set a fresh 52-week high.
Downside Risk Level Rs 244
The downside risk level is not a target. It assumes EPS stays flat at Rs 7.92 and the PE falls 20% to 30.80. That gives Rs 244, 18.9% below the current price and above the 52-week low of Rs 176.42.
| Scenario | EPS Growth | PE Multiple | Price (Rs) | Change vs CMP |
|---|---|---|---|---|
| Bull Case | 19.1% | 44.27 | Rs 418 | +39.0% |
| Base Case | 13.1% | 38.50 | Rs 345 | +14.7% |
| Downside Risk | 0.0% | 30.80 | Rs 244 | -18.9% |
Key Risks to the Greenply Industries Target Price for 2027
Growth Slowdown Risk for the Greenply Industries Price Target
Revenue in the June 2026 quarter was up 18.4% year on year, and FY26 revenue growth was 10.1%. If growth slows from here, the EPS estimate behind the Greenply Industries stock target will need revising.
Liquidity and Size Risk
Greenply Industries has a market capitalisation of Rs 3,808 crore. Institutional holding is 35.87%, and promoters hold 51.93%. Stocks of this size can move sharply on small volumes, and exits can take longer than entries.
Valuation and Margin Risk
Net margin was 3.3% in FY26, so a small slip in costs moves profit noticeably. At a PE of 38.50 versus an industry PE of 36.91, a de-rating toward the downside-risk PE of 30.80 would cut the price even if earnings hold.
Market and Technical Risk
The stock trades 10.1% below its 52-week high, with an RSI of 54.9 and a MACD reading above its signal line. Broader market weakness can override company fundamentals in the short term.
How to Invest in Greenply Industries
Start with the live price and volume. Any Greenply Industries share price target is only as current as the data behind it, and the data here is as of 9 October 2026, so refresh the Rs 300.70 price before acting on any level.
Next, review the fundamentals yourself. The Univest Screener lets you check Greenply Industries’ PE, ROE, debt and shareholding in one place.
Check Greenply Industries fundamentals on the Univest Screener
Then compare the three Greenply Industries target price scenarios with your own view. If you expect EPS growth below 13.1%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.
Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.
Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.
Download the Univest iOS App or Univest Android App to track Greenply Industries live price and get daily stock recommendations.
Conclusion
The Greenply Industries share price target for 2027 is Rs 345 in the base case, with Rs 418 as the bull case. The support for that view is arithmetic you can check: EPS grew 13.1% a year over FY24 to FY26, and the stock trades at a PE of 38.50. The risks are equally concrete, including a stock that sits 10.1% below its 52-week high and a downside scenario that cuts the price 19% if earnings stall. Use these numbers as a framework, check them against the latest filings, and size any position to your own risk appetite.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Greenply Industries Share Price Target 2027
What is the Greenply Industries share price target for 2027?
Ans. The base-case Greenply Industries share price target for 2027 is Rs 345, with Rs 418 as the bull case. The downside risk level, which is not a target, is Rs 244. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.
What is the Greenply Industries share price today?
Ans. As of 9 October 2026, 1:18 PM IST, Greenply Industries trades at Rs 300.70, down 1.64% on the day. The 52-week range is Rs 176.42 to Rs 334.40.
Is Greenply Industries a buy or sell at the current price?
Ans. The data is mixed rather than one-sided: EPS has grown 13.1% a year over FY24 to FY26, but the stock is 10.1% below its 52-week high. Whether Greenply Industries fits your portfolio depends on your time horizon and risk appetite, so consult a SEBI-registered advisor before investing. This article is not investment advice.
What are the bull case target and downside risk level for Greenply Industries shares?
Ans. The bull case target is Rs 418, which assumes 19.1% EPS growth and a PE of 44.27. The downside risk level is Rs 244, which assumes flat EPS and a PE of 30.80. It marks a risk, not a target.
What are the main risks to the Greenply Industries price target?
Ans. The main risks are slower revenue growth, a small market capitalisation of Rs 3,808 crore, a PE de-rating and short-term weakness in the broader market. Each is covered in the risk section above.
What is the PE ratio of Greenply Industries and how does it compare with the industry?
Ans. The PE ratio of Greenply Industries is 38.50 against an industry PE of 36.91. Price to book is 4.26 and return on equity is 11.17%. The base case in the Greenply Industries price target holds this PE constant.
Who owns Greenply Industries, and what is the promoter holding?
Ans. Promoters held 51.93% of Greenply Industries in June 2026. FII held 4.44%, DII held 31.43% and the public held 12.21%.
What were Greenply Industries’ latest quarterly results?
Ans. In the June 2026 quarter, Greenply Industries reported revenue of Rs 726.71 crore (up 18.4% year on year) and net profit of Rs 37.61 crore (up 32.2%).