Archidply Industries Ltd

Archidply Industries Ltd

₹ 112 -4.82%
18 Apr - close price
About

Incorporated in 1976, Archidply Industries
Ltd does manufacturing of Plywood & Block Board, and Laminated Sheets (HPL)[1]

Key Points

Business Overview:[1]
Company is ISO 14000 & ISO 9001-2002 certified. It manufactures Plywood & Laminates. AL has 20 Sales Offices, 2000 Retailers and 7 warehouses in India

  • Market Cap 222 Cr.
  • Current Price 112
  • High / Low 126 / 63.2
  • Stock P/E 23.9
  • Book Value 54.9
  • Dividend Yield 0.00 %
  • ROCE 14.2 %
  • ROE 12.5 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 37.3% CAGR over last 5 years
  • Company's working capital requirements have reduced from 111 days to 84.8 days

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 8.44% over last 3 years.
  • Contingent liabilities of Rs.118 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
71.88 80.13 49.56 80.57 81.58 94.58 95.11 103.45 103.03 112.91 100.47 109.09 104.72
66.37 76.12 46.95 75.10 76.33 88.47 89.11 97.26 97.74 106.37 95.13 102.75 100.93
Operating Profit 5.51 4.01 2.61 5.47 5.25 6.11 6.00 6.19 5.29 6.54 5.34 6.34 3.79
OPM % 7.67% 5.00% 5.27% 6.79% 6.44% 6.46% 6.31% 5.98% 5.13% 5.79% 5.32% 5.81% 3.62%
0.12 0.28 0.12 0.19 0.20 0.38 1.52 0.17 0.35 0.21 0.36 0.28 1.20
Interest 0.94 1.10 1.20 1.01 1.11 1.35 1.15 1.31 1.73 1.58 1.66 1.76 1.94
Depreciation 1.17 1.22 0.91 1.05 1.04 1.03 0.99 0.99 1.02 0.99 0.93 0.93 0.94
Profit before tax 3.52 1.97 0.62 3.60 3.30 4.11 5.38 4.06 2.89 4.18 3.11 3.93 2.11
Tax % 21.31% 86.80% 27.42% 26.11% 25.76% 29.44% 18.59% 26.11% 22.84% 37.56% 26.05% 26.46% 30.81%
2.77 0.26 0.45 2.67 2.45 2.90 4.39 3.00 2.23 2.61 2.31 2.89 1.46
EPS in Rs 1.25 0.13 0.23 1.34 1.23 1.46 2.21 1.51 1.12 1.31 1.16 1.45 0.73
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
168 197 222 256 274 265 297 271 264 228 303 410 427
172 185 204 235 255 244 281 251 247 215 284 386 405
Operating Profit -4 12 18 21 20 21 16 20 17 13 19 24 22
OPM % -2% 6% 8% 8% 7% 8% 5% 7% 6% 6% 6% 6% 5%
23 4 3 2 1 2 3 0 1 1 1 2 2
Interest 13 9 11 11 9 10 10 7 7 5 5 6 7
Depreciation 5 5 5 5 5 5 5 5 5 4 4 4 4
Profit before tax 1 2 5 6 7 8 4 8 6 5 12 17 13
Tax % 19% 18% 21% 12% 16% 19% 34% 8% 42% 52% 27% 26%
1 2 4 6 6 7 3 8 4 2 8 12 9
EPS in Rs 0.41 0.93 1.81 2.52 2.72 3.03 1.14 3.49 1.71 1.14 4.26 6.16 4.65
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 8%
5 Years: 7%
3 Years: 16%
TTM: 8%
Compounded Profit Growth
10 Years: 27%
5 Years: 37%
3 Years: 47%
TTM: -26%
Stock Price CAGR
10 Years: 31%
5 Years: 31%
3 Years: 56%
1 Year: 60%
Return on Equity
10 Years: 6%
5 Years: 7%
3 Years: 8%
Last Year: 12%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 22 22 22 22 22 22 22 22 22 20 20 20 20
Reserves 84 86 90 95 101 107 110 67 67 64 72 84 89
56 55 60 56 49 61 70 62 58 64 54 63 68
48 58 63 50 43 66 74 52 46 42 53 61 62
Total Liabilities 210 221 235 224 215 257 275 203 193 190 199 228 239
55 54 59 57 57 55 66 45 43 48 44 43 42
CWIP 0 4 0 0 0 1 0 0 0 0 0 0 0
Investments 0 0 0 0 1 1 1 0 0 0 1 26 26
154 162 176 166 157 199 209 158 150 142 154 160 172
Total Assets 210 221 235 224 215 257 275 203 193 190 199 228 239

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
3 20 16 13 21 -0 18 4 10 25 11 22
22 -5 -12 -2 -4 -3 -14 -3 -0 -9 -1 -33
-23 -15 -3 -13 -18 10 -1 -2 -14 -7 -15 7
Net Cash Flow 1 0 1 -1 -2 7 3 -0 -5 8 -5 -4

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 98 98 89 73 76 110 107 108 101 112 98 82
Inventory Days 234 196 204 159 112 156 150 109 112 110 95 66
Days Payable 121 126 125 78 55 100 102 71 69 62 70 53
Cash Conversion Cycle 211 167 168 154 133 166 155 146 144 159 124 96
Working Capital Days 162 127 123 117 105 145 132 125 128 135 113 85
ROCE % -3% 6% 9% 10% 10% 10% 7% 9% 9% 6% 11% 14%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
69.89% 69.89% 69.89% 69.89% 69.89% 69.89% 69.89% 69.89% 69.89% 69.89% 69.89% 69.89%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01%
30.11% 30.11% 30.11% 30.11% 30.11% 30.12% 30.11% 30.11% 30.12% 30.11% 30.11% 30.10%
No. of Shareholders 11,12610,64210,38311,15211,37112,98512,84512,58912,31811,70312,74712,455

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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