Corrigendum Letter for Financial Results submission for quarter and year ended March 31, 2026
As filed · Greenply Industries Limited has informed the Exchange about Corrigendum Letter for Financial Results submission for quarter and year ended March 31, 2026
What happened
FactGreenply has submitted a corrigendum regarding its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, which were approved by the Board of Directors on April 28, 2026. A typographical error was identified in the standalone balance sheet, where "Unaudited" was incorrectly stated instead of "Audited." The company confirms that this error does not affect the financial results and that the full audited results are available on…
Why it matters
CapitSignal interpretationReported results are the point at which prior management commitments become checkable against audited or reviewed numbers.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Working Capital
WithdrawnNumber of days of accounts payables ((Accounts payable *365) / Cost of goods/services procured): FY 2026: 99, FY 2025: 83
*Methodology Changed for FY 2025-26
Change
FactImplication
CapitSignal interpretationWorking Capital
Delayedwe'll be able to generate by the year-end at least INR60 crores to INR70 crores or INR75 crores of free cash flow again from the working capital side.
Number of days of accounts payables ((Accounts payable *365) / Cost of goods/services procured): FY 2026: 99, FY 2025: 83
Change
FactImplication
CapitSignal interpretationWorking Capital
Revisedwe'll have a reduction of inventory on the plywood business almost by around INR80 crores to INR100 crores.
there would be a corresponding payable of maybe around INR50 crores, INR60-odd crores against the same.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Margin trend against the prior period
- Cash from operations against reported profit
- Whether prior guidance is reaffirmed
- As we close this year on a strong and positive note, in line with our growth guidance, we are carrying that mo (management committed by FY27)
- Our joint venture, Greenply Samet doubled its revenue from the corresponding quarter last year and we are conf (management committed by FY27)
Evidence
- Greenply Industries Limited has informed the Exchange about Corrigendum Letter for Financial Results submission for quarter and year ended March 31, 2026(opens the original filing in a new tab)
- Earlier statement · FY26
- Latest statement · FY26
- Earlier statement · FY25
- Latest statement · FY26
- Earlier statement · FY25
- Latest statement · FY25
How CapitSignal classified this
- Reasoning:
- RESULTS base 68; +2 corroborating keywords; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%