Archidply Industries Limited has completed an internal restructuring, with the Scheme of Amalgamation becoming effective on June 05, 2026. The scheme was sanctioned by the Hon'ble National Company Law Tribunal and became effective upon filing the certified copies of the orders with the Registrar of Companies. This restructuring involves the transfer of shareholdings within the promoter group, specifically affecting Ravi Marketing & Services Private Limited, Vanraj Suppliers Private Limited, Assam Timber Products Private Limited, and Shree Shyam Tea Private Limited.

Pursuant to the scheme, the shareholding held by Ravi Marketing & Services Private Limited in Archidply Industries Limited has vested in Assam Timber Products Private Limited. Additionally, the shareholding held by Vanraj Suppliers Private Limited has vested in Shree Shyam Tea Private Limited. The company stated that these transactions are in the nature of an internal restructuring and reorganization within the promoter group and do not result in any change in the aggregate promoter shareholding, management, or control.

The shareholding pattern prior to the implementation of the scheme showed a fragmented distribution among four entities. Ravi Marketing & Services Private Limited held 14.24%, while Assam Timber Products Private Limited held 11.36%. Vanraj Suppliers Private Limited accounted for 19.85%, and Shree Shyam Tea Private Limited held 1.40%.

Following the implementation of the scheme, the shareholding has consolidated. Assam Timber Products Private Limited now holds 25.60%, while Shree Shyam Tea Private Limited holds 21.25%. The aggregate shareholding of the promoter and promoter group remains unchanged.

Shareholding Pattern Comparison

Archidply Industries Limited is currently in the process of giving effect to the transfer and recording of these shares in its statutory records. The company confirmed that corporate actions and updating of records are being undertaken in accordance with the scheme. Necessary disclosures required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, will be made in due course.

Archidply Décor Limited reported a net profit of ₹0.20 lakh for the financial year ended March 31, 2026, reversing the prior year's performance but absorbing significant exceptional costs. Revenue from operations for the year declined to ₹4,633.23 lakh from ₹5,248.15 lakh in the previous year. The company recorded an exceptional item of ₹15.97 lakh due to the financial impact of the new Labour Codes, which affected profitability for the period.

For the quarter ended March 31, 2026, the company reported a net loss of ₹1.97 lakh, compared to a loss of ₹0.35 lakh in the corresponding quarter of the previous year. Revenue for the quarter stood at ₹1,160.27 lakh, a decrease from ₹1,403.03 lakh in Q4FY25. The Board of Directors approved the audited standalone financial results on May 29, 2026.

The statutory auditors, M/s G R V & P K, Chartered Accountants, issued an audit report with an unmodified opinion on the standalone financial results. However, the auditors included an emphasis of matter paragraph regarding outstanding debtors. The company has debtors outstanding for more than one year amounting to ₹153.69 lakhs, for more than two years amounting to ₹60.25 lakhs, and for more than three years amounting to ₹257.89 lakhs. Provisions for bad debt amount to ₹4.49 lakhs. Additionally, advances for the supply of goods outstanding for more than three years total ₹90.06 lakhs, against which no provisions have been made.

Financial Performance

The company’s total expenditure for FY26 was ₹4,763.90 lakh, slightly lower than the ₹5,362.28 lakh incurred in the previous year. Finance costs decreased to ₹179.26 lakh from ₹221.74 lakh in FY25. The profit before exceptional items and tax for the year was ₹14.82 lakh, an improvement from ₹9.75 lakh in the prior year.

Key Financial Metrics

The exceptional item relating to the Labour Codes arose from the notification of the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020. The company assessed that these changes resulted in an increase in gratuity and leave liabilities, classifying the ₹15.97 lakh impact as a non-recurring event.