ARCHIDPLYConsumer Discretionary

Archidply Industries Limited

Plywood Boards/ Laminates · ISIN INE877I01016 · BSE 532994 · NSE EQ · FV ₹10
Last price
₹101
+1.26%today
What this company does

Archidply Industries Limited operates in Plywood Boards/ Laminates, part of the Consumer Discretionary sector. It booked ₹189 cr of revenue in its latest quarter (Q1 FY27) and kept 3.0% of sales as profit. It is the 7th largest of 8 Plywood Boards/ Laminates companies we track, by market value.

In the report:
62out of 100
Equitytale Health Score
Mixed

Healthier than 62% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 187–421 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
54

At close. Not part of the score.

Profitability & returns74

How much profit it earns on the money it employs

Balance sheet23

How much it owes, and whether earnings cover the interest

Cash quality64

Whether reported profit actually arrives as cash

Growth & consistency59

Whether sales and profit have grown, and how steadily

Valuation69

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 28% vs last year
Profit up 889% vs last year
Promoters hold 70%
No promoter shares pledged
Strong 20% return on equity
Turns profit into real cash
Watch-outs
! Thin 3.0% net margin
! Carries high debt (D/E 1.6)

What if I invest in ARCHIDPLY?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹101 +1.26%
latest close · 2026-09-17
1-year return
+224.2%
52-wk low ₹3052-wk high ₹125
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio9.0Low
LowAverageHigh
P/B ratio1.80Moderate
Below bookModerateHigh
EV / EBITDA6.7Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity20.1%Strong
WeakFairStrong ▸15%
Return on capital24.7%Strong
WeakFairStrong
Net margin3.0%Thin
ThinDecentStrong
EBITDA margin7.5%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.60High
LowModerateHigh ▸1
Interest cover2.9×Okay
RiskyOkayStrong ▸5×
Current ratio1.15Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹202 cr
Book value
₹56
EPS
₹2.83
latest quarter
Net debt
₹179 cr
owes more than its cash
Enterprise value
₹380 cr
EBITDA
₹57 cr
annualised
EBIT
₹45 cr
annualised
Operating margin
5.9%
Return on assets
5.8%
Earnings yield
11.15%
P/S
0.27
Sales / share
₹380.6
Tax rate
22.9%
Face value
₹10
Shares
2.0 cr
Working capital
₹30 cr
Current assets
₹236 cr
Current liabilities
₹206 cr
Delivery %
63.1%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
It earns about 10% on its capital — below the ~14% return we'd require to fund it — so a low price is likely justified, not a bargain.
Models span ₹71₹141, midpoint ₹106

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹189 cr
Other Income₹34.6 L
Total Income₹189 cr
Cost of Materials₹71 cr
Purchases of Stock-in-Trade₹61 cr
Inventory Change (±)₹-6 cr
Employee Benefit Expense₹15 cr
Finance Costs₹4 cr
Depreciation & Amortisation₹3 cr
Other Expenses₹34 cr
Total Expenses₹182 cr
Profit before Tax₹7 cr
Tax Expense₹2 cr
Net Profit₹6 cr
Net margin on total income3.0%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹126 cr66.5%
Employee benefit expense₹15 cr8.1%
Finance costs₹4 cr2.1%
Depreciation & amortisation₹3 cr1.6%
Other expenses₹34 cr17.9%
Tax expense₹2 cr0.9%
Profit for the period₹6 cr3.0%
Total income ₹189 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue168 cr179 cr189 cr
Total income168 cr180 cr189 cr
Expenses164 cr175 cr182 cr
Profit before tax2 cr4 cr7 cr
Tax82.1 L1 cr2 cr
Net profit (owners' share)2 cr3 cr6 cr
Net margin (owners' share, on revenue)1.0%1.8%3.0%
EPS (₹)0.811.592.83
YoY (latest quarter): total income +27.7% · net profit +888.9%
Balance sheet & cash flow · as of Mar 2026
High debt
Total assets
₹387 cr
Shareholder equity
₹112 cr
parent shareholders
Total debt
₹179 cr
Cash
₹35.3 L
Cash flow · H1 FY26
Operating
₹16 cr
Investing
₹-1 cr
Financing
₹-14 cr
Peer comparison
Plywood Boards/ Laminates · by market value
CompanyPriceMarket capP/E
Century Plyboards (India) Limited₹719₹15,999 cr49.8
Greenlam Industries Limited₹237₹6,039 cr71.3
Stylam Industries Limited₹3,238₹5,488 cr28.5
Greenply Industries Limited₹293₹3,662 cr24.4
Greenpanel Industries Limited₹158₹1,942 cr16.3
Rushil Decor Limited₹16₹457 cr55.6
Archidply Industries Limitedthis company₹101₹202 cr9.0
Archidply Decor Limited₹72₹40 cr
Same industry · latest reported numbers · not a recommendation.
Corporate actions
ActionDetailEx-date
Buyback Buyback18 Jan 2021
Who owns it · 2026-06-30
No pledge
Promoter
69.9%
Public
30.1%
Smart-money activity
Insider trades
SoldArchana Sureka · Immediate relative2,950 · ₹2.1 L10 Nov 22
SoldAnil Sureka · Key Managerial Personnel3,950 · ₹2.8 L10 Nov 22
BoughtAnil Sureka · Key Managerial Personnel750 · ₹31,53830 Dec 21
Bulk / block deals
SoldVINIT DEVENDRA RATHI · NSE1.93 L @ ₹88.7419 Feb 25
BoughtSUJATA DEVENDRA RATHI · NSE1.93 L @ ₹88.7719 Feb 25
BoughtVINIT DEVENDRA RATHI · NSE1.93 L @ ₹106.1718 Nov 24
Stake changes
BoughtAssam Timber Products Private Limited · promoter→ 25.60% · 28.28 L5 Jun 26
SoldVanraj Suppliers Private Limited · promoter→ 0.00% · 39.44 L5 Jun 26
SoldRavi Marketing & Services Private Limited · promoter→ 0.00% · 28.28 L5 Jun 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 26 Aug 2025
See the official result
1
1. To consider and adopt (a) the audited standalone financial statements of the company for the financial year ended March 31, 2025, together with the reports of the board of directors and auditors thereon; and (b) the audited consolidated financial statements of the company for the financial year ended March 31, 2025, together with the report of the auditors thereon
This filing does not break the votes down by shareholder group.
2
2. To appoint a Director in place of Mr. Deen Dayal Daga, (DIN: 00497806), Executive, Non-independent Director, who retires by rotation as per Section 152(6) of Companies Act 2013 and being eligible offers himself for re-appointment.
This filing does not break the votes down by shareholder group.
3
3. To consider and if thought fit, approve the appointment of CS Rajneesh Sharma, Practicing Company Secretary as Secretarial Auditor of the Company for a first term of five years and to pass with or without modification(s)
This filing does not break the votes down by shareholder group.
4
4. To approve the re-appointment of Mr. Rajiv Daga (DIN: 01412917) as Managing Director & Chief Executive Officer (“CEO”) of the Company
Promoters had a personal stake in this
This filing does not break the votes down by shareholder group.

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 11 named members
owning 69.9% between them · as of 2026-06-30
VANRAJ SUPPLIERS PVT. LTD19.85%
RAVI MARKETING AND SERVICES PRIVATE LIMITED14.24%
ASSAM TIMBER PRODUCTS PRIVATE LIMITED11.36%
THE MYSORE CHIPBOARDS LIMITED9.05%
DEENDAYAL DAGA3.88%
USHA DAGA3.83%
RAJIV DAGA3.28%
SHYAM DAGA2.89%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.