Reporting Scope and Boundary
The report covers environmental, social, economic, and governance performance across the Corporate Office, 3 manufacturing facilities of the company, and 2 subsidiaries (Greenply Speciality Panels Pvt. Ltd. and Greenply Sandila Pvt. Ltd.) for the period April 1, 2025 to March 31, 2026.
Key Financial Figures
- Total Income (Consolidated): ₹2,757.63 Crore
- Revenue Growth YoY: 10.13%
- EBITDA: ₹270.53 Crore (9.90% margin)
- PAT: ₹89.78 Crore (3.28% margin)
- Market Capitalization: Approximately ₹3,500 Crore
- CSR Expenditure: ₹3.13 Crore
Environmental Performance Metrics
- Energy: Total consumption 2,590,522 GJ with 90% from renewable sources
- GHG Emissions: Scope 1 - 8,739 tCO₂e, Scope 2 - 42,752 tCO₂e, Total Scope 1+2 - 51,491 tCO₂e
- Water: Total withdrawal 396,631 KL with 100% recycling/reuse
- Waste: Zero wood waste to landfill, 100% wood waste utilized as biomass fuel
- Plantation: 90+ million cumulative saplings planted toward 100 million target by 2028
- Renewable Energy: 4 MW rooftop solar capacity commissioned
Social Performance Metrics
- Workforce: Total 5,583 (1,968 employees + 3,615 workers)
- Diversity: 12% female workforce, 17% women directors on Board
- Safety: LTIFR 2.59, 2 fatalities reported
- Training: 98,427 total training hours delivered
- Community: ₹3.13 crore CSR spend on healthcare, education, women empowerment, environment, and rural development
Governance Structure
- Board Composition: 6 members with 50% independent directors and 17% women representation
- Board Committees: Audit, Risk Management, Nomination & Remuneration, CSR, Stakeholders' Relationship
- Compliance: Zero corruption incidents, zero environmental non-compliance cases, zero data security complaints
- Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ISO 50001:2018, SA 8000, FSC certifications
Manufacturing Footprint
- Tizit Unit, Nagaland: 8.10 MSM/pa plywood capacity
- Kriparampur Unit, West Bengal: 11.00 MSM/pa plywood capacity
- Sandila Unit, Uttar Pradesh: 13.50 MSM/pa plywood capacity
- Bamanbore Unit, Gujarat: 20.20 MSM/pa plywood & decorative veneers
- Vadodara MDF Plant, Gujarat: 3,00,000 CBM/pa MDF capacity (IGBC Green Building Certified)
Product Portfolio
- Plywood & Blockboard (Green 710, Green Club Plus, Ecotec, Bharosa, Jansathi)
- MDF Boards (710 HDMR HDF, CARB P2 MDF, Boil Pro 500)
- Decorative Veneers (Wood Crests, Burma Teak, Royal Crown)
- PVC & WPC Boards/Doors (Green Endure portfolio)
- Flush Doors & Specialty Plywood
- Furniture & Fittings (Greenply Samet JV)
Strategic Initiatives
- 4:1 Plantation Strategy: Plant four saplings for every tree harvested
- Zero Emission Products: E-0 product range certified to CARB P2 and TSCA Title VI standards
- AI Manufacturing: PROD-IQ® NEO platform at Vadodara MDF facility
- Carbon Credits: Agroforestry program registered under Verified Carbon Standard (VCS) Project ID 3555 with 204,147 credit potential
Forward-Looking Statements
The report contains forward-looking statements based on current expectations and assumptions. Actual results may differ due to changes in business conditions, regulatory developments, market dynamics, and other external factors.