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Archidply Industries Limited (ARCHIDPLY)

₹104.47 -0.36% last close, 16 Oct

📊 NSE: ARCHIDPLY 🏢 Plywood Boards/ Laminates 📢 Latest filing: 30 Sep 2026 📝 Analysis written: 13 Dec 2025

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Archidply Industries' revenue was ₹189 Cr (+27.8% year on year, +5.5% on the previous quarter), and net profit ₹5.6 Cr (+888.8% year on year); the operating margin was 7.4%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹189	+27.8%	+5.5%
Operating profit	₹13.9	+61.9%	+17.2%
Net profit	₹5.6	+888.8%	+78.4%
EPS (₹)	2.83	+875.9%	+78.0%
Operating margin	7.4%	—	—

Full quarterly financials → Results calendar →

ARCHIDPLY delivery percentage

NSE end-of-day data for Fri, 16 Oct 2026

On Fri, 16 Oct 2026, 65.05% of the ARCHIDPLY shares traded on NSE were taken to delivery, against the stock's own 20-session average of 75.66%. That is close to its usual level. Turnover was only ₹11 lakh, so a handful of trades can move this figure.

65.05%Delivery, 16 Oct

75.66%Own 20-session average

0.6×Volume vs its average

₹104.47NSE close · -0.36%

Delivery in the last 5 sessions: 91.2% · 85.9% · 70.0% · 83.1% · 65.0%

Delivery across the market →

A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed

📢 Recent Corporate Announcements

Archidply AGM: All Ordinary Resolutions Approved with Over 99% Overall Majority

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 30 Sep 2026, 11:26 AM

Archidply Industries Limited submitted the scrutinizer's report and voting results for its 31st Annual General Meeting held on September 29, 2026. Both ordinary resolutions—the adoption of FY26 financial statements and the reappointment of director Mr. Shyam Daga—were approved with 99.15% and 99.17% overall votes in favour, respectively. A total of 13,999,094 votes were polled across 10,542 registered shareholders, representing a 70.47% voter turnout driven predominantly by promoter participation. Notably, public non-institutional voters opposed the resolutions heavily (over 97-99% of polled non-institutional votes against), but were overridden by the 69.89% promoter majority.

Adoption of FY26 standalone and consolidated financial statements passed with 99.15% votes in favour
Re-appointment of director Shyam Daga passed with 99.17% votes in favour
Overall turnout was 70.47% with 13,999,094 votes polled out of 19,865,000 total shares
Promoter group cast 13,879,423 votes (100% in favour), while public non-institutional polled 119,671 votes (99.3% against Resolution 1)

💡 Track the upcoming Q2 FY27 earnings to monitor operational ramp-up and margin recovery in the MDF/HDF segment.

Archidply Sets Sep 22, 2026 as Cut-off Date for 31st AGM Scheduled on Sep 29

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 03 Sep 2026, 06:38 PM

Archidply Industries Limited has scheduled its 31st Annual General Meeting (AGM) for Tuesday, September 29, 2026, at 12:00 Noon at its Rudrapur registered office. The company has fixed Tuesday, September 22, 2026, as the cut-off/record date for determining shareholder voting eligibility. Remote e-voting is scheduled to take place from September 26 to September 28, 2026. Key agenda items include the adoption of audited FY26 financial statements and the re-appointment of director Mr. Shyam Daga, who retires by rotation.

31st Annual General Meeting to be held on September 29, 2026, at 12:00 Noon
Cut-off/Record date for voting eligibility fixed as September 22, 2026
Remote e-voting window open from September 26 (10:00 AM) to September 28, 2026 (5:00 PM)
Share transfer books and register of members closed from September 23 to September 29, 2026

💡 Shareholders holding equity shares as of the September 22, 2026 cut-off date can participate and cast votes electronically between September 26 and September 28, 2026.

Archidply Schedules 31st AGM on Sept 29, 2026; Cut-Off Date Set for Sept 22

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 03 Sep 2026, 05:55 PM

Archidply Industries Limited has issued notice for its 31st Annual General Meeting (AGM) scheduled for September 29, 2026, at Rudrapur, Uttarakhand. The company has fixed September 22, 2026, as the cut-off date to determine eligibility for remote e-voting, which runs from September 26 to September 28, 2026. The ordinary business includes the adoption of FY26 audited standalone and consolidated financial statements and the reappointment of retiring director Mr. Shyam Daga. Book closure will be observed from September 23, 2026, to September 29, 2026.

31st AGM scheduled for Tuesday, September 29, 2026, at 12:00 Noon in Rudrapur, Uttarakhand
Cut-off date for e-voting eligibility fixed as Tuesday, September 22, 2026
Remote e-voting window open from September 26, 2026 (10:00 a.m.) to September 28, 2026 (5:00 p.m.)
Register of Members and Share Transfer Books closed from September 23 to September 29, 2026
Agenda includes adoption of FY26 financials and re-appointment of director Mr. Shyam Daga (holding 5,73,685 shares)

💡 Shareholders holding shares on the cut-off date of September 22, 2026, can participate in remote e-voting; watch for standard post-AGM voting results and scrutiny report disclosures.

Archidply Q1 Results: Net Profit Rises 26% YoY to ₹3.79 Cr; Revenue Up 17%

🟢 POSITIVE ⭐ 6/10

EARNINGS 📅 07 Aug 2026, 01:56 PM

Archidply Industries reported a steady Q1 FY27 with standalone revenue growing 17.4% YoY to ₹140.12 Cr. Net profit increased by 25.9% YoY to ₹3.79 Cr, supported by a 34% revenue jump in the Laminates segment. Notably, the nascent MDF segment turned profitable at the segment level, albeit on a small revenue base of ₹3.77 Cr. The company maintained stable margins despite a significant increase in raw material costs, which rose 26.5% YoY.

Standalone revenue from operations grew 17.4% YoY to ₹140.12 Cr.
Net profit for the quarter increased to ₹3.79 Cr from ₹3.01 Cr in the year-ago period.
Laminates and Allied Products segment revenue grew 34% YoY to ₹43.12 Cr.
MDF segment turned a segment profit of ₹0.17 Cr compared to a loss of ₹0.17 Cr in June 2025.
Earnings Per Share (EPS) improved to ₹1.91 from ₹1.51 YoY.

💡 Monitor the capacity utilization and revenue ramp-up of the MDF/HDF unit, as this is the company's primary growth strategy. Investors should also track raw material price trends, as material costs now account for nearly 30% of standalone revenue.

Archidply Submits Quarterly Compliance Certificate for June 30, 2026

🟡 NEUTRAL ⭐ 2/10

REGULATORY 📅 30 Jul 2026, 11:37 AM

Archidply Industries has filed its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The document, issued by KFIN Technologies Limited (the Registrar and Share Transfer Agent), confirms that all securities dematerialized or rematerialized during the quarter ended June 30, 2026, have been processed. This is a routine administrative filing required to ensure the integrity of the company's shareholding records with NSDL and CDSL. There are no financial or operational updates contained in this announcement.

Compliance certificate issued for the quarter ended June 30, 2026
Confirmation provided by Registrar and Share Transfer Agent, KFIN Technologies Limited
Filing covers requirements under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018
Confirmation that details of dematerialized/rematerialized securities were furnished to stock exchanges

💡 This is a routine procedural filing. Investors should monitor the company's upcoming quarterly financial results for actual business performance updates.

Archidply Industries Announces Trading Window Closure from July 1, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 26 Jun 2026, 05:52 PM

Archidply Industries Limited has notified the exchanges regarding the closure of its trading window for designated persons starting July 1, 2026. This action is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the financial results for the quarter ending June 30, 2026. The window will remain closed until 48 hours after the financial results are officially declared and made public. The company will announce the specific date for the board meeting to approve these results at a later time.

Trading window closure commences on July 1, 2026.
Closure is related to the financial results for the quarter ended June 30, 2026.
The window will reopen 48 hours after the financial results become generally available.
Applies to all designated persons and their immediate relatives as per the company's code of conduct.

💡 This is a standard regulatory filing with no immediate impact on stock fundamentals; investors should monitor for the upcoming board meeting date and Q1 FY27 results.

Archidply Re-appoints Pritam Singh as Independent Director for 5-Year Term

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 16 Jun 2026, 05:42 PM

Archidply Industries Limited has received shareholder approval for the re-appointment of Mr. Pritam Singh as a Non-Executive Independent Director. His second consecutive term will span five years, starting from June 18, 2026, and ending on June 17, 2031. Mr. Singh brings 28 years of professional experience in consultancy, systems architecture, and project management. This re-appointment ensures continuity in the company's independent board oversight.

Re-appointment of Mr. Pritam Singh as Non-Executive Independent Director for a second 5-year term.
The new term is effective from June 18, 2026, to June 17, 2031.
Mr. Pritam Singh has 28 years of experience in consultancy, business analysis, and systems architecture.
The appointment was approved by shareholders and complies with SEBI LODR Regulations.
The director is not related to any other members of the board and is not debarred by SEBI.

💡 No immediate action is required as this is a routine governance update. Investors should view this as a positive sign of board stability and continuity.

Archidply Shareholders Approve Re-appointment of Pritam Singh as Independent Director

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 16 Jun 2026, 05:25 PM

Archidply Industries Limited has successfully passed a special resolution via postal ballot for the re-appointment of Mr. Pritam Singh as a Non-Executive Independent Director. The voting process, which concluded on June 15, 2026, saw overwhelming support with 99.9992% of votes cast in favor of the resolution. A total of 13,895,850 votes were polled, including significant participation from the promoter group. The scrutinizer's report confirms that the resolution was passed with the requisite majority required for a special resolution.

Special resolution passed for the re-appointment of Mr. Pritam Singh (DIN: 01168865) as a Non-Executive Independent Director.
The resolution received 13,895,732 votes in favor (99.9992%) and only 118 votes against (0.0008%).
Promoter and Promoter Group cast 13,879,423 votes, representing 99.97% of their holding, all in favor.
The voting period ran from May 17, 2026, to June 15, 2026, with 10,562 shareholders eligible as of the cut-off date.

💡 No immediate action is required as this is a routine corporate governance matter ensuring board continuity and regulatory compliance.

Archidply Promoter Group Restructures 19.85% Stake via Inter-se Transfer

🟡 NEUTRAL ⭐ 6/10

REGULATORY 📅 11 Jun 2026, 03:57 PM

Shree Shyam Tea Private Limited, a promoter group entity, has acquired 39,43,509 equity shares of Archidply Industries Limited, representing a 19.85% stake. This acquisition was conducted through an inter-se transfer from another promoter entity, Vanraj Suppliers Private Limited, following a Scheme of Amalgamation. Consequently, Shree Shyam Tea's shareholding has increased from 1.40% to 21.25%, while Vanraj Suppliers' holding has reduced to zero. The transaction is exempt from open offer requirements under SEBI (SAST) Regulations.

Acquisition of 39,43,509 shares (19.85% stake) by Shree Shyam Tea Private Limited.
Transfer executed as an inter-se transfer among promoter group companies due to amalgamation.
Shree Shyam Tea's post-transaction holding stands at 42,21,409 shares (21.25%).
Vanraj Suppliers Private Limited exited its entire 19.85% stake in the transaction.
Exemption claimed under Regulation 10(1)(d)(iii) of SEBI (SAST) Regulations, 2011.

💡 Investors should view this as a routine internal restructuring within the promoter group. Since the overall promoter holding remains unchanged, there is no impact on the company's fundamentals or control.

Shree Shyam Tea acquires 19.85% stake in Archidply via inter-se promoter transfer

🟡 NEUTRAL ⭐ 6/10

REGULATORY 📅 11 Jun 2026, 03:57 PM

Shree Shyam Tea Private Limited, a promoter group entity, has acquired 39,43,509 equity shares (19.85%) of Archidply Industries Limited. The acquisition was executed as an inter-se transfer from another promoter entity, Vanraj Suppliers Private Limited, pursuant to a Scheme of Amalgamation. Following the transaction, Shree Shyam Tea's stake in the company increased from 1.40% to 21.25%, while the transferor's stake was reduced to zero. This is an internal restructuring within the promoter group and does not change the overall promoter control.

Acquisition of 39,43,509 equity shares representing 19.85% of the total share capital.
Transaction conducted via inter-se transfer under SEBI (SAST) Regulation 10(1)(d)(iii) following an amalgamation.
Acquirer (Shree Shyam Tea) increased its total holding from 1.40% to 21.25%.
Transferor (Vanraj Suppliers) exited its entire 19.85% stake as part of the restructuring.
The transaction is exempt from the requirement of making an open offer under SEBI Takeover Regulations.

💡 No action is required as this is a technical transfer of shares within the promoter group. Investors should view this as a neutral administrative consolidation of holdings.

Shree Shyam Tea Acquires 19.85% Stake in Archidply Industries via Inter-se Transfer

🟡 NEUTRAL ⭐ 6/10

REGULATORY 📅 11 Jun 2026, 03:56 PM

Shree Shyam Tea Private Limited, a promoter group entity, has acquired 3,943,509 equity shares of Archidply Industries Limited, representing a 19.85% stake. The acquisition was executed through an inter-se transfer following a Scheme of Amalgamation involving Vanraj Suppliers Private Limited. Consequently, Shree Shyam Tea's total holding in the company has increased from 1.40% to 21.25%, while Vanraj Suppliers has exited its entire 19.85% position. This transaction is exempt from open offer requirements under SEBI (SAST) Regulations.

Acquisition of 3,943,509 shares (19.85% stake) by promoter entity Shree Shyam Tea Private Limited.
Transaction conducted as an inter-se transfer pursuant to a Scheme of Amalgamation under Regulation 10(1)(d)(iii).
Acquirer's total shareholding increased from 277,900 shares (1.40%) to 4,221,409 shares (21.25%).
Seller Vanraj Suppliers Private Limited reduced its stake from 19.85% to 0% as part of the restructuring.
The transfer is a promoter group consolidation and does not trigger a mandatory open offer.

💡 As this is an internal restructuring within the promoter group, there is no change in the aggregate promoter holding. Investors should treat this as a neutral event but may monitor for any future changes in management or strategic focus resulting from the amalgamation.

Archidply Amalgamation Effective; Promoter Group Restructures Shareholding

🟡 NEUTRAL ⭐ 6/10

M&A 📅 06 Jun 2026, 07:34 PM

Archidply Industries has announced that its Scheme of Amalgamation became effective on June 05, 2026, following NCLT Guwahati approval. The restructuring involves the transfer of shares within the promoter group, where Ravi Marketing's 14.24% stake vested in Assam Timber Products and Vanraj Suppliers' 19.85% stake vested in Shree Shyam Tea. Post-merger, Assam Timber Products holds 25.60% and Shree Shyam Tea holds 21.25% of the company. The company confirmed that the aggregate promoter shareholding, management, and control remain entirely unchanged.

Scheme of Amalgamation became effective on June 05, 2026, after filing with the Registrar of Companies.
Assam Timber Products Private Limited's shareholding increased from 11.36% to 25.60% following the merger of Ravi Marketing.
Shree Shyam Tea Private Limited's shareholding increased from 1.40% to 21.25% following the merger of Vanraj Suppliers.
The transaction is an internal reorganization within the promoter group and does not impact public shareholding.
No change in the management or control of Archidply Industries Limited resulted from this scheme.

💡 No action is required as this is a technical internal restructuring of promoter entities. Investors should note the consolidated promoter entities in future shareholding disclosures.

Archidply Seeks Shareholder Approval for Re-appointment of Independent Director Pritam Singh

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 14 May 2026, 02:50 PM

Archidply Industries has issued a postal ballot notice to seek shareholder approval for the re-appointment of Mr. Pritam Singh as a Non-Executive Independent Director. The proposed second term is for a period of 5 consecutive years, effective from June 18, 2026, to June 17, 2031. Shareholders holding shares as of the cut-off date of May 8, 2026, are eligible to participate in the remote e-voting process. The voting results will determine the continuation of independent oversight on the company's board.

Proposal to re-appoint Mr. Pritam Singh as Independent Director for a second 5-year term
Proposed term runs from June 18, 2026, through June 17, 2031
E-voting period is scheduled from May 17, 2026, to June 15, 2026
Cut-off date for shareholder eligibility is fixed as May 8, 2026
The resolution is proposed as a Special Resolution requiring 75% majority approval

💡 This is a routine corporate governance matter; investors should review the director's credentials in the explanatory statement and cast their votes before the June 15 deadline.

Archidply Re-appoints Independent Director for 5 Years and Appoints Internal Auditor

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 08 May 2026, 02:45 PM

Archidply Industries has approved the re-appointment of Mr. Pritam Singh as an Independent Director for a second five-year term, effective from June 18, 2026, to June 17, 2031. The board also appointed Girdhari Sharma & Co. as the Internal Auditor for the financial year 2026-27. Mr. Singh brings 28 years of experience in consultancy and business analysis, while the audit firm has over 40 years of experience in statutory and internal audits. These moves are part of routine corporate governance and are subject to shareholder approval.

Re-appointment of Mr. Pritam Singh as Independent Director for a 5-year term starting June 18, 2026.
Appointment of Girdhari Sharma & Co. as Internal Auditor for the financial year 2026-27.
Mr. Pritam Singh possesses 28 years of experience in consultancy, systems architecture, and project management.
The new internal audit firm, Girdhari Sharma & Co., has over 40 years of experience across diversified sectors including manufacturing and NBFCs.

💡 These are routine governance and compliance updates that do not impact the company's fundamentals; investors should focus on upcoming quarterly earnings for performance cues.

Archidply Industries FY26 Net Profit Jumps 36% to ₹10.74 Cr; Revenue Crosses ₹500 Cr

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 08 May 2026, 02:41 PM

Archidply Industries reported a strong performance for the financial year ended March 31, 2026, with annual revenue from operations growing 9.4% to ₹507.75 crore. Net profit for the full year surged by 36.3% to ₹10.74 crore, compared to ₹7.88 crore in the previous fiscal year. The growth was primarily driven by the Plywood and Laminate segments, which saw steady revenue increases. Despite a one-time exceptional hit of ₹1.39 crore due to Labour Code adjustments, the company improved its annual EPS to ₹5.41 from ₹3.97.

Annual Revenue from Operations increased 9.4% YoY to ₹50,774.59 Lakhs.
Full-year Net Profit rose 36.3% YoY to ₹1,073.94 Lakhs from ₹787.86 Lakhs.
Plywood segment revenue grew 9.3% to ₹34,660.62 Lakhs, while Laminates grew 10.2% to ₹14,570.66 Lakhs.
Annual Earnings Per Share (EPS) improved to ₹5.41 from ₹3.97 in the previous year.
Recorded an exceptional item of ₹138.86 Lakhs related to the impact of new Labour Codes on employee benefits.

💡 Investors should view the strong bottom-line growth and steady revenue expansion in core segments positively. The company's ability to absorb exceptional costs while improving profitability suggests operational efficiency.

View All ARCHIDPLY Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Consolidated total income for H1 FY26 grew 268% YoY to INR 48.94 Cr from INR 13.30 Cr. Standalone revenue (Plywood/Laminates) grew 243% YoY to INR 23.87 Cr, while the MDF subsidiary (AIPL) contributed INR 25.07 Cr, representing a 295% YoY increase from its H1 FY25 base of INR 6.34 Cr.

Geographic Revenue Split

Not disclosed in available documents, though the company maintains geographical diversity through an established national dealership network.

Profitability Margins

Consolidated PAT margin for H1 FY26 was 1.95% (INR 0.95 Cr profit on INR 48.94 Cr income), recovering from a net loss in H1 FY25. Standalone PAT margin for H1 FY26 was 0.84% (INR 0.20 Cr profit on INR 23.87 Cr income). Full-year FY25 group performance was impacted by PAT losses and a 47.8% drop in cash accruals to INR 6 Cr.

EBITDA Margin

Not explicitly disclosed, but operating margins were reported as affected by lower realizations in the MDF segment and high fixed costs associated with the new capacity at Archidpanel Industries Pvt Ltd (AIPL).

Capital Expenditure

The company recently completed a major expansion into the MDF/HDF segment via its subsidiary AIPL, which holds total assets of INR 187.09 Cr. A rights issue of INR 24.91 Cr was allotted to AIPL in FY25 to support this project.

Credit Rating & Borrowing

Assigned IVR BBB-; Stable rating by Infomerics for INR 110.17 Cr of bank facilities. Consolidated interest costs for H1 FY26 were INR 11.19 Cr, reflecting the high debt burden from the MDF expansion.

⚙️ Operational Drivers

Raw Materials

Wood, Timber, Chemicals, and Resins used for Plywood, Laminates, and MDF production.

Import Sources

Not specifically named by country, but the company had a foreign exchange outgo of INR 10.97 Cr in FY25 for raw materials, stores, and capital goods.

Capacity Expansion

Current installed capacity includes 48,00,000 sheets per annum for laminates and 68,50,000 CBM per year for plywood. The new MDF/HDF unit under AIPL is currently in the ramp-up phase.

Raw Material Costs

Standalone raw material and stores outgo was INR 10.97 Cr in FY25. Profitability is highly susceptible to fluctuations in raw material prices, which are a key rating sensitivity.

Manufacturing Efficiency

Manufacturing units are located in Rudrapur, Uttarakhand, providing proximity to raw material sources. However, bank limit utilization is high at approximately 92%, indicating stretched working capital.

📈 Strategic Growth

Growth Strategy

The primary growth strategy is the ramping up of operations at the newly commenced MDF/HDF boards unit (AIPL). Management expects this to drive scale and improve overall group profitability by offsetting high fixed costs through higher capacity utilization.

Products & Services

Plywood, Laminates, MDF (Medium Density Fiberboard), HDF (High Density Fiberboard), Clads, Doors, and EDHMR.

Brand Portfolio

Archidply, Archidpanel.

New Products/Services

MDF and HDF boards launched via the Archidpanel subsidiary.

Market Expansion

Expansion is focused on the MDF/HDF market to complement the existing plywood and laminate business, leveraging the established national distribution network.

Strategic Alliances

The company maintains a 100% subsidiary, Archidpanel Industries Private Limited (AIPL), supported by corporate guarantees and a rights issue of INR 24.91 Cr.

🌍 External Factors

Industry Trends

The industry is seeing a shift toward MDF/HDF from traditional plywood. The sector is currently characterized by intense competition and pricing pressure.

Competitive Landscape

Faces intense competition from both organized and unorganized players in the plywood, laminate, and MDF sectors.

Competitive Moat

Moat is based on the 40+ years of experience of promoter Mr. Deen Dayal Daga and an established dealership network, though this is challenged by the commodity nature of the products and intense competition.

Macro Economic Sensitivity

Highly sensitive to raw material price fluctuations and general construction/real estate industry demand.

Geopolitical Risks

Not specifically detailed, though raw material imports are subject to global trade dynamics.

⚖️ Regulatory & Governance

Industry Regulations

Operations are subject to environmental pollution norms and manufacturing standards for wood-based products.

Taxation Policy Impact

Standalone current tax liability was INR 0.07 Cr as of September 30, 2025.

Legal Contingencies

Secretarial audits for AIL and AIPL were completed for FY25; no specific high-value pending court cases or case values were disclosed.

⚠️ Risk Analysis

Key Uncertainties

Liquidity is a major concern as cash accruals (INR 6 Cr in FY25) are tightly matched or exceeded by debt obligations (INR 17.7 Cr in FY26). Ramping up the MDF unit is critical to avoid further liquidity stress.