Archidply Decor Ltd

Financials

• Revenue from operations ₹1,105.13 lakh; QoQ decline ~4.7% from ₹1,160.27 lakh.
• Total income ₹1,146.46 lakh for the quarter ended 30 Jun 2026.
• PBT ₹-33.38 lakh; QoQ deterioration from ₹-6.36 lakh prior quarter.
• Tax: deferred tax credit ₹8.43 lakh; current tax nil for the quarter.
• PAT from continuing operations ₹-24.95 lakh; total comprehensive income ₹-23.36 lakh.
• EPS basic and diluted ₹-0.45 for the quarter.
• Single operating segment: Wood Based Products; IND AS 108 not applicable.
• Statutory auditor's review reported unqualified on the standalone results.

Meeting Details

• Date: August 14, 2026

Key Agenda Items

• Consider, approve and take on record the unaudited standalone financial results for quarter ended June 30, 2026

Other Notes

• Trading window closed from July 1, 2026; reopen on August 17, 2026 after results submission

Demat/remat status

• RTA confirmed demat certificates for the period were listed on stock exchanges.
• Details of dematerialisation/rematerialisation furnished to all stock exchanges.

Transaction details

• Acquirer and seller: Shree Shyam Tea Pvt Ltd; Vanraj Suppliers Pvt Ltd, promoters of Archidply Decor.
• Transaction type: inter-se transfer under promoter-group amalgamation, exempt under Reg 10(1)(d)(iii) SAST.
• Date of acquisition: 05 June 2026; off-market inter-se transfer with no cash consideration.
• Pre-transaction holding: Shree Shyam Tea 69,475 shares (1.25%); Vanraj Suppliers 985,877 shares (17.71%).
• Post-transaction holding: Shree Shyam Tea 1,055,352 shares (18.96%); Vanraj Suppliers 0 shares (0%).
• Total consideration: 985,877 Archidply Decor shares; cash component nil.
• Scheme approved by National Company Law Tribunal, Guwahati.
• Exemption: Regulation 10(1)(d)(iii) of SEBI (SAST) Regulations, 2011.
• Post-merger promoter-group status remains within Archidply Decor; Annexure C details.
• NCLT order copy attached as Annexure B.
• Post-merger diluted voting capital: 5,566,250 shares.
• Regulation 29(2) disclosures filed with exchanges on 06 June 2026.
• Listings: Archidply Decor listed on BSE and NSE.

Transaction details

• Acquirer and seller are promoter entities of Archidply Decor Limited.
• Acquisition via inter-se transfer under Scheme of Amalgamation among promoters.
• Date of acquisition: 05 June 2026.
• Shares acquired: 706,962 equity shares, 12.70% of Archidply Decor's capital.
• Pre-acquisition holdings: Assam Timber 1,102,937 shares (19.87%); Ravi Marketing 706,962 shares (12.70%).
• Post-acquisition holdings: Assam Timber 1,809,899 shares (32.51%); Ravi 0 shares.
• Consideration: No cash; transfer through amalgamation; shares allotted to Assam.
• TC: Archidply Decor Limited listed on BSE and NSE.
• Scheme approved by National Company Law Tribunal, Guwahati.

Regulatory compliance

• Regulation 10(7) report filed 6 July 2026 within 21 business days.
• Regulation 10(6) disclosures filed with NSE and BSE on 11 June 2026.
• Regulation 29(2) disclosures filed by promoters.
• Acquirer and seller complied with exemption provisions under 10(1)(d)(iii).
• Annexures B, C, D, E attached for compliance proof.

Governance impact

• NCLT, Guwahati approved the Scheme of Amalgamation.
• Post-merger, 32.51% stake held by Assam Timber in Archidply Decor.
• Annexure C lists post-merger holdings of Ravi’s former shareholders.

Financial performance

• 📊 Revenue from operations fell 11.7% YoY to Rs 4,633.23 lakhs.
• 📊 Total income declined 11.0% YoY to Rs 4,778.73 lakhs.
• 📊 PBT turned to a loss of Rs 1.15 lakhs versus Rs 11.93 lakhs.
• 📊 PAT was Rs 0.20 lakhs versus Rs 5.65 lakhs last year.
• 📊 Q4 revenue was Rs 1,160.27 lakhs, down 17.3% YoY.
• 📊 Q4 total income was Rs 1,198.08 lakhs, down 16.2% YoY.
• 📊 Q4 PBT was a loss of Rs 6.36 lakhs.
• 📊 Q4 PAT was a loss of Rs 1.97 lakhs.
• 📊 EPS was Rs 0.00 for FY26 and Rs (0.04) for Q4.
• 📊 Other income rose to Rs 145.50 lakhs from Rs 123.88 lakhs.
• 📊 Material consumed increased to Rs 1,801.01 lakhs, while stock purchases fell to Rs 1,476.42 lakhs.
• 📊 Finance costs declined to Rs 179.26 lakhs from Rs 221.74 lakhs.
• 📊 Depreciation fell to Rs 151.59 lakhs from Rs 184.58 lakhs.

Exceptional item

• 📍 Labour Code impact added Rs 15.97 lakhs to employee liabilities.
• 📍 The company classified the Labour Code impact as an exceptional item.
• 📊 Defined benefit actuarial gains contributed Rs 8.48 lakhs to OCI in FY26.

Balance sheet

• 📊 Total assets were Rs 7,521.70 lakhs at 31 March 2026.
• 📊 Shareholders' funds were Rs 5,083.38 lakhs.
• 📊 Inventories stood at Rs 2,787.17 lakhs.
• 📊 Trade receivables were Rs 1,707.07 lakhs.
• 📊 Cash and cash equivalents were Rs 39.05 lakhs.
• 📊 Current borrowings were Rs 1,765.22 lakhs; non-current borrowings were Rs 9.60 lakhs.
• 📊 Lease liabilities were Rs 46.03 lakhs current and Rs 80.76 lakhs non-current.

Cash flow

• 📊 Net cash from operating activities was Rs 244.76 lakhs in FY26.
• 📊 Net cash from investing activities was Rs 152.10 lakhs.
• 📊 Net cash from financing activities was Rs 180.10 lakhs.
• 📊 Cash and cash equivalents ended at Rs 39.05 lakhs, broadly flat year on year.

Audit and risks

• 📍 Statutory auditors issued an unmodified opinion on the standalone FY26 results.
• ⚠️ Debtors over one year were Rs 153.69 lakhs, including disputed debtors of Rs 23.74 lakhs.
• ⚠️ Debtors over two years were Rs 60.25 lakhs, including disputed debtors of Rs 5.30 lakhs.
• ⚠️ Debtors over three years were Rs 257.89 lakhs, including disputed debtors of Rs 15.90 lakhs.
• ⚠️ Advance for supply of goods over three years was Rs 90.06 lakhs.
• ⚠️ The audit report noted these matters as emphasis of matter, without modifying opinion.

Business

• 🗒️ Archidply Decor manufactures and sells decorative and allied wood-based products.
• 🗒️ The results are standalone for the quarter and year ended 31 March 2026.

Financial Performance 📊

• Q3 FY26 revenue from operations declined 20% YoY to Rs 1,051.65 lakh; 9M revenue down 10% YoY to Rs 3,472.96 lakh.
• Q3 FY26 total income was Rs 1,081.50 lakh, down from Rs 1,230.03 lakh in Q3 FY25.
• Q3 FY26 EBITDA was Rs 3.34 lakh, down from Rs 20.67 lakh in Q2 FY26 and Rs 3.49 lakh in Q3 FY25.
• Q3 FY26 PAT stood at Rs 2.44 lakh, down from Rs 14.15 lakh in Q2 FY26 and Rs 1.38 lakh in Q3 FY25.
• 9M FY26 PAT was Rs 2.17 lakh versus Rs 5.99 lakh in 9M FY25.
• EPS for Q3 FY26 was Rs 0.04 (not annualized), down from Rs 0.25 in Q2 FY26 and Rs 0.02 in Q3 FY25.

Cost and Expenses

• Cost of materials consumed decreased to Rs 384.13 lakh in Q3 FY26 from Rs 443.45 lakh in Q3 FY25.
• Purchases of stock-in-trade declined to Rs 324.88 lakh in Q3 FY26 from Rs 437.66 lakh in Q3 FY25.
• Employee benefits expense increased slightly to Rs 142.02 lakh in Q3 FY26 from Rs 135.75 lakh in Q3 FY25.
• Finance costs reduced to Rs 42.53 lakh in Q3 FY26 from Rs 54.94 lakh in Q3 FY25.
• Depreciation expense decreased to Rs 36.69 lakh in Q3 FY26 from Rs 46.31 lakh in Q3 FY25.
• Other expenditure rose to Rs 162.70 lakh in Q3 FY26 from Rs 151.83 lakh in Q3 FY25.

Corporate and Compliance

• Paid-up equity share capital remained Rs 556.63 lakh with Rs 10 face value per share.
• Auditor issued an unqualified limited review report on Q3 FY26 standalone financials.
• No exceptional or extraordinary items reported in Q3 FY26 or FY25.

Business Model & Segments

• Company operates in a single segment: Wood Based Products.