Thrive Future Habitats Reports Half-Year Losses, Approves Strategic Subsidiary Restructuring

Ador Multiproducts (now known as Thrive Future Habitats Limited) has reported a consolidated net loss of Rs 68.13 crore for the half-year ended September 30, 2025. The company's board has also approved significant strategic decisions regarding its subsidiaries.

Financial Performance

The company's financial results for the half-year period show:

Compared to the same period last year, when the company reported a net loss of Rs 17.93 crore, the current half-year results indicate a substantial increase in losses.

Strategic Decisions

The board of directors has approved two significant moves:

1. Divestment of Aura Flow Private Limited: The company plans to divest its entire stake in Aura Flow Private Limited (formerly known as Anatomicals Ador India Private Limited), a subsidiary that contributed no turnover and only 1.46% to the consolidated net worth in the last financial year.

2. Acquisition in 1908 E-Ventures Private Limited: Thrive Future Habitats aims to acquire the remaining 47.25% stake in 1908 E-Ventures Private Limited, in which it currently holds a 52.75% stake. This move will make 1908 E-Ventures a wholly-owned subsidiary.

Subsidiary Performance

1908 E-Ventures Private Limited, focused on consumer solutions for the personal care, cosmetics, and beauty industry, reported:

• Sales for FY 2024-25: Nil
• Net Loss for FY 2024-25: Rs 2.52 crore

Strategic Implications

The board's decisions suggest a strategic realignment of the company's portfolio:

• The divestment of the non-operational Aura Flow Private Limited may be aimed at streamlining operations.
• The increased stake in 1908 E-Ventures could indicate a focus on the personal care and cosmetics sector.

Market Context

These strategic moves come at a time when the company is facing increased losses. The consolidation of ownership in 1908 E-Ventures may be seen as an attempt to gain full control over a venture in the personal care industry, despite its current loss-making status.

Investors and market watchers may need to closely monitor how these restructuring efforts impact the company's financial health and market position in the coming quarters.