COMPANY OVERVIEW
GREENPANEL
Products:
• Plain and pre-laminated MDF (Medium Density Fiberboards) – 79% revenues
• Plywood – 21% revenues
Market Position
Largest manufacturer of MDF boards in India – 29% market share in MDF market
Third-largest manufacturer of MDF boards in Asia
Fifth-largest manufacturer of MD F boards globally.
Manufacturing Capabilities
Three manufacturing facilities in Uttarakhand and Andhra Pradesh.
MDF capacity - 5,40,000 CBM p.a. (1,480 CBM per day) (capacity utilization – 69%, less due to covid)
Plywood capacity - 10.5 Mn sq. meter p.a. (Capacity utilisation – 71%)
The company aims to increase the capacity of the MDF segment from 540,000 CBM to 6,60,000 CBM as a part of debottlenecking its production.
Distribution Network – Its 15 branches across India service the network.
The company has ties with more than 2100 distributors and10,000+ retailers PAN India.
The company has a land area of 200 acres in Andhra Pradesh. One hundred thirty-five acres is being utilised for plantation.
(The company was the erstwhile MDF division of Greenply Industries Limited. The company was de-merged on April 1, 2018, into an independent company that focuses mainly on the manufacture, distribution and marketing of MDF.)