ARCHIDPLY
Archidply Industries Limited
Plywood, laminates and MDF boards for furniture and construction
Consumer Discretionary›Consumer Durables›Consumer Durables›Plywood Boards/ Laminates
archidply.com(opens the company website in a new tab)Key metrics
Price as of 2026-10-16
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Price & valuation
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What you need to know
Archidply Industries makes plywood, laminates and medium density fibre board (MDF), and reports its business in plywood, laminate and MDF segments.
Company snapshot
8thBy market cap
Ranked among 11 companies in Plywood Boards/ Laminates.
Segment mix
Reportable segments as of 2024-12-31 (Standalone). Revenue share = segment revenue ÷ total revenue.
Largest segment: 69.2% of revenue
| Segment | Revenue share | Revenue | PBT | Assets |
|---|---|---|---|---|
| (a) Plywood and Allied Products | 69.2% | 77 Cr | 11 Cr | 122 Cr |
| (b) Laminates and Allied Products | 27.5% | 31 Cr | 6 Cr | 60 Cr |
| (c) Medium Density Fibre Board | 3.3% | 4 Cr | 0.16 Cr | 6 Cr |
| (d) Others | 0.1% | 0.06 Cr | 0 Cr | 62 Cr |
| (e) Unallocated | — | 0 Cr | 0 Cr | 24 Cr |
What we see
- ✗Net margin is very thin at 1.2% — little room for error if costs rise.
Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 109 Cr | 105 Cr | 121 Cr | 113 Cr | 130 Cr | 151 Cr | 162 Cr | 148 Cr | 176 Cr | 168 Cr | 179 Cr | 189 Cr |
| Operating expenses (approx.) | 103 Cr | 101 Cr | 115 Cr | 110 Cr | 126 Cr | 145 Cr | 153 Cr | 139 Cr | 165 Cr | 157 Cr | 167 Cr | 175 Cr |
| EBITDA | 6 Cr | 4 Cr | 6 Cr | 4 Cr | 4 Cr | 6 Cr | 9 Cr | 9 Cr | 11 Cr | 11 Cr | 12 Cr | 14 Cr |
| OPM % | 5.8% | 3.6% | 5.0% | 3.2% | 2.9% | 3.8% | 5.5% | 5.8% | 6.1% | 6.7% | 6.6% | 7.4% |
| Other income | 0.28 Cr | 1 Cr | 0.80 Cr | 0.26 Cr | 0.39 Cr | 0.40 Cr | 0.49 Cr | 0.37 Cr | 0.31 Cr | 0.29 Cr | 0.38 Cr | 0.35 Cr |
| Interest | 2 Cr | 2 Cr | 2 Cr | 4 Cr | 4 Cr | 5 Cr | 5 Cr | 4 Cr | 4 Cr | 4 Cr | 4 Cr | 4 Cr |
| Depreciation | 0.93 Cr | 0.94 Cr | 2 Cr | 3 Cr | 3 Cr | 3 Cr | 4 Cr | 3 Cr | 3 Cr | 3 Cr | 3 Cr | 3 Cr |
| Profit before tax | 4 Cr | 2 Cr | 3 Cr | -3 Cr | -3 Cr | -2 Cr | 0.77 Cr | 1 Cr | 3 Cr | 2 Cr | 4 Cr | 7 Cr |
| Tax % | 26.4% | 30.6% | 86.3% | 18.9% | 9.2% | 15.9% | 113.0% | 54.3% | 19.2% | 33.8% | 26.7% | 22.9% |
| Net profit | 3 Cr | 1 Cr | 0.43 Cr | -3 Cr | -3 Cr | -2 Cr | -0.10 Cr | 0.57 Cr | 3 Cr | 2 Cr | 3 Cr | 6 Cr |
| EPS (₹) | ₹1.46 | ₹0.74 | ₹0.22 | ₹-1.26 | ₹-1.51 | ₹-0.88 | ₹-0.05 | ₹0.29 | ₹1.33 | ₹0.81 | ₹1.59 | ₹2.83 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|
| Sales | 306 Cr | 422 Cr | 436 Cr | 556 Cr | 671 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 287 Cr | 398 Cr | 414 Cr | 534 Cr | 628 Cr | Sign in free for the trailing twelve months |
| EBITDA | 19 Cr | 24 Cr | 22 Cr | 22 Cr | 42 Cr | Sign in free for the trailing twelve months |
| OPM % | 6.3% | 5.7% | 5.0% | 3.9% | 6.3% | Sign in free for the trailing twelve months |
| Other income | 0.84 Cr | 2 Cr | 3 Cr | 2 Cr | 1 Cr | Sign in free for the trailing twelve months |
| Interest | 5 Cr | 6 Cr | 7 Cr | 18 Cr | 18 Cr | Sign in free for the trailing twelve months |
| Depreciation | 4 Cr | 4 Cr | 4 Cr | 13 Cr | 13 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 12 Cr | 17 Cr | 12 Cr | -8 Cr | 11 Cr | Sign in free for the trailing twelve months |
| Tax % | 27.2% | 26.0% | 42.7% | 4.5% | 29.1% | Sign in free for the trailing twelve months |
| Net profit | 8 Cr | 12 Cr | 7 Cr | -7 Cr | 8 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹4.27 | ₹6.17 | ₹3.55 | ₹-3.70 | ₹4.02 | Sign in free for the trailing twelve months |
| Dividend payout % | 0.0% | 0.0% | 0.0% | — | 0.0% | Sign in free for the trailing twelve months |
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity capital | 20 Cr | 20 Cr | 20 Cr | 20 Cr | 20 Cr |
| Reserves | 72 Cr | 84 Cr | 92 Cr | 84 Cr | 92 Cr |
| Borrowings | 53 Cr | 83 Cr | 146 Cr | 193 Cr | 179 Cr |
| Other liabilities | 54 Cr | 62 Cr | 69 Cr | 96 Cr | 96 Cr |
| Total liabilities | 199 Cr | 248 Cr | 327 Cr | 392 Cr | 387 Cr |
| Fixed assets (net) | 43 Cr | 63 Cr | 147 Cr | 145 Cr | 135 Cr |
| CWIP | 0 Cr | 12 Cr | 2 Cr | 0.23 Cr | — |
| Investments | 0.68 Cr | 0 Cr | 0 Cr | 0 Cr | 0 Cr |
| Inventories | 51 Cr | 51 Cr | 55 Cr | 80 Cr | 80 Cr |
| Trade receivables | 82 Cr | 92 Cr | 98 Cr | 137 Cr | 150 Cr |
| Cash & bank | 4 Cr | 2 Cr | 0.89 Cr | 0.27 Cr | 0.35 Cr |
| Other assets | 19 Cr | 28 Cr | 24 Cr | 31 Cr | 22 Cr |
| Total assets | 199 Cr | 248 Cr | 327 Cr | 392 Cr | 387 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Cash from operating activity | 12 Cr | 7 Cr | 11 Cr | -23 Cr | 34 Cr |
| Cash from investing | 0 Cr | -35 Cr | -69 Cr | -5 Cr | -1 Cr |
| Cash from financing | 0 Cr | 26 Cr | 56 Cr | 27 Cr | -33 Cr |
| Net cash flow | 12 Cr | -2 Cr | -2 Cr | -0.63 Cr | 0.09 Cr |
| Free cash flow (OCF − Capex) | 12 Cr | -28 Cr | -65 Cr | -28 Cr | 33 Cr |
Ratios
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| ROCE % | 11.2% | 12.0% | 7.7% | 3.4% | 9.9% |
| ROE % | 9.2% | 11.8% | 6.3% | -7.1% | 7.1% |
| Debtor days | 97 | 79 | 82 | 89 | 81 |
| Inventory days | 138 | 123 | 154 | 151 | 139 |
| Days payable | 101 | 97 | 137 | 132 | 115 |
| Cash conversion cycle | 134 | 105 | 99 | 109 | 105 |
| OCF / EBITDA % | 59.8% | 30.7% | 53.1% | -106.8% | 80.6% |
| OCF / EBITDA % (3 years) | — | — | 46.8% | -6.7% | 25.9% |
| Debt / equity | 0.58 | 0.80 | 1.31 | 1.85 | 1.60 |
| Current ratio | 1.44 | 1.12 | 1.21 | 1.07 | 1.15 |
| Net debt / EBITDA | 2.52 | 3.34 | 6.74 | 8.79 | 4.23 |