CMP: 295

Greenply Industries Ltd. is an interior infrastructure company. The Company manufactures plywood and boards, flush doors, decorative veneers and laminates, fibreboard, and particleboard.

Greenply is a decent bet in small-cap space trading at a P/E of 12. It runs at a debt of 600 Crores with 6 Crores cash in hand. Debt to Profits ratio is high at nearly 10 years which makes it a little risky. Revenues have risen from 542 Crores to 1,644 Crores in the last 5 years. Profits have risen from 39 Crores to 54 Crores in the last 5 years. Profit margins have dipped from 7% to 3% over the last 5 years on rising interest expenses on the high debt. Recent quarter results have been good. Buy and hold till growth surge continues.