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Is Greenply Industries the Best Stock in Its Sector? A Look at the Numbers

  • September 25, 2026
  • Posted by: Ankit Jaiswal
  • Category: Market
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Is Greenply Industries the Best Stock in Its Sector? A Look at the Numbers

Greenply Industries CMP Rs 288 (25 Sep 2026). Market cap Rs 3,678 Cr. ROE 11.17%. P/E 37.18x versus Industry P/E 38.53x.

Quick Answer

Greenply Industries is one of the names investors compare when screening the Consumer Durables sector, built on a 11.17% return on equity and a P/E of 37.18x against an Industry P/E of 38.53x. Whether Greenply Industries is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Consumer Durables sector peers, so you can judge that for yourself.

Is Greenply Industries the best stock in its sector? The stock trades on the NSE at Rs 288 as of 25 September 2026, within its 52-week range of Rs 176.42 to Rs 334.40. Greenply Industries Ltd manufactures plywood, MDF and laminates under its own brands, one of India’s leading plywood manufacturers.

Greenply Industries sits in the Consumer Durables sector, and its 11.17% ROE and 37.18x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.

Also read – Is Abbott India the Best Stock in Its Sector? A Look at the Numbers

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Table of Contents

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  • About Greenply Industries
  • Is Greenply Industries the Best Stock in Its Sector?
  • How Greenply Industries Compares Against Its Consumer Durables Sector Peers
  • What Makes Greenply Industries Worth Watching in Consumer Durables
  • Greenply Industries Valuation: Is It Justified?
  • How to Track Greenply Industries Before You Invest
  • Conclusion
    • Is Greenply Industries the best stock in its sector?
    • What is the current share price of Greenply Industries?
    • What sector does Greenply Industries belong to?
    • How does Greenply Industries compare to its sector peers on P/E?
    • What is Greenply Industries’s return on equity?
    • Should I invest in Greenply Industries based on its sector position?

About Greenply Industries

Greenply Industries Ltd manufactures plywood, MDF and laminates under its own brands, one of India’s leading plywood manufacturers. It manufactures plywood, MDF and laminates under its own brands, one of India’s leading plywood manufacturers, and the stock fell over 2 percent today. At a market capitalisation of Rs 3,678 Cr, it is tracked as part of the Consumer Durables sector on Univest.

Is Greenply Industries the Best Stock in Its Sector?

Greenply Industries makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 11.17% ROE with a 37.18x P/E against the sector’s 38.53x Industry P/E. Greenply Industries trades close to its 38.53x Industry P/E, with an 11.17% ROE that is a reasonable figure among the consumer durables peers covered in this series, though today’s decline is worth noting.

Metric Greenply Industries
CMP (NSE) Rs 287.55
52-Week High / Low Rs 334.40 / Rs 176.42
Market Cap Rs 3,678 Cr
P/E (TTM) vs Industry P/E 37.18x vs 38.53x
P/B 4.11
ROE 11.17%
EPS (TTM) Rs 7.92
Dividend Yield 0.17%
Debt to Equity 0.58

Compare Greenply Industries Against Other Consumer Durables Sector Stocks

How Greenply Industries Compares Against Its Consumer Durables Sector Peers

The table below sets Greenply Industries against 2 other Consumer Durables sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.

Company Market Cap (Rs Cr) P/E ROE Debt to Equity
Greenply Industries 3,678 37.18 11.17% 0.58
Borosil 6,978 16.71 21.67% 0.11
Eveready Industries India 2,364 13.26 23.50% 0.32
Peer average (2 companies) – 14.98 22.59% 0.21

Against this peer set, Greenply Industries’s 11.17% ROE is below the 22.59% peer average, and its P/E of 37.18x runs above the peer average of 14.98x. Greenply Industries trades close to its 38.53x Industry P/E, with an 11.17% ROE that is a reasonable figure among the consumer durables peers covered in this series, though today’s decline is worth noting.

What Makes Greenply Industries Worth Watching in Consumer Durables

  • Close to Industry P/E: A 37.18x P/E versus a 38.53x Industry P/E shows the stock trading close to Consumer Durables sector norms.
  • Solid ROE: An 11.17% ROE is a reasonable figure for a plywood and laminates manufacturer.
  • Leading plywood and laminates brand: Being one of India’s leading plywood, MDF and laminates manufacturers gives Greenply Industries established brand recognition and distribution scale.

Greenply Industries Valuation: Is It Justified?

Greenply Industries trades close to its 38.53x Industry P/E, with an 11.17% ROE that is a reasonable figure among the consumer durables peers covered in this series, though today’s decline is worth noting. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.

Also read – Is GM Breweries the Best Stock in Its Sector? A Look at the Numbers

Download the Univest iOS App or Univest Android App to track Greenply Industries and other Consumer Durables sector stocks.

How to Track Greenply Industries Before You Invest

Before deciding whether Greenply Industries deserves its label as the best stock in its sector for your own portfolio, compare it directly against Consumer Durables sector peers using the steps below.

  1. Open the Univest Screener and search for Greenply Industries to view live price, valuation ratios, and peer comparisons within the Consumer Durables sector.
  2. Compare its P/E, P/B, and ROE against other Consumer Durables sector stocks before deciding if the current valuation fits your strategy.
  3. Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
  4. Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.

Conclusion

Greenply Industries earns a place in the best stock in its sector conversation on the strength of a 11.17% ROE and a P/E of 37.18x against a 38.53x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.

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).

Is Greenply Industries the best stock in its sector?

Ans. Greenply Industries has a 11.17% ROE and trades at 37.18x P/E against a 38.53x Industry P/E, and compares below the peer average ROE of 22.59% in this article’s named comparison, so the answer depends on what an investor is prioritising.

What is the current share price of Greenply Industries?

Ans. Greenply Industries was trading at Rs 287.55 on the NSE as of 25 September 2026, within its 52-week range of Rs 176.42 to Rs 334.40.

What sector does Greenply Industries belong to?

Ans. Greenply Industries is classified under the Consumer Durables sector on Univest.

How does Greenply Industries compare to its sector peers on P/E?

Ans. Greenply Industries’s P/E of 37.18x is above the 14.98x average of the 2 named peers compared in this article.

What is Greenply Industries’s return on equity?

Ans. Greenply Industries reported a return on equity of 11.17%, which is below the 22.59% average of its named peers in this comparison.

Should I invest in Greenply Industries based on its sector position?

Ans. Greenply Industries’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.



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Author: Ankit Jaiswal
Ankit Jaiswal is the Senior Research Analyst at Univest, leading the platform's in-house equity research desk and serving as the editorial reviewer for all research and blog content published at univest.in. With 11+ years of experience in Indian equity markets, he oversees stock recommendations, earnings analysis, sector coverage, and ensures every published article meets SEBI Research Analyst Regulations. He holds a Bachelor of Commerce (B.Com) from St. Xavier's College, Kolkata — one of India's most prestigious commerce institutions — and has cleared CMT Level 2 from the CMT Association, a globally recognised certification in technical analysis and market research. His research methodology combines fundamental analysis (earnings quality, balance sheet strength, management commentary) with advanced technical analysis (chart patterns, momentum indicators, market structure) — giving Univest's retail investors a dual-lens approach that most Indian research platforms lack. Ankit is among the most comprehensively certified analysts in Indian financial media, holding five NISM certifications: Series-XV (Research Analyst), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-VI (Depository Operations), and Series-V-A (Mutual Fund Distributors). At Univest — India's SEBI-registered research and advisory platform — Ankit's responsibilities include leading the research team, finalising stock recommendations published across Pro Lite, Pro Super, and Pro Gold advisory services, and maintaining editorial oversight of all YMYL financial content published on the blog.

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