Delhi, India – January 29, 2025
Archidply Industries Limited (NSE: ARCHIDPLY, BSE: 532994) has announced its financial results for the third quarter (Q3) and nine months (9M) ended December 31, 2024, reporting stable revenue, improved cost efficiencies, and steady financial performance.Key Financial Highlights (Standalone Results)
Quarterly Performance (Q3 FY 2024-25 vs Q3 FY 2023-24)
- Revenue from Operations: ₹111.41 crore, up 6.4% YoY from ₹104.72 crore.
- Total Income: ₹111.68 crore, compared to ₹105.92 crore in Q3 FY24.
- EBITDA: ₹7.87 crore, reflecting operational efficiency gains.
- Profit Before Tax (PBT): ₹1.09 crore, compared to ₹2.11 crore in Q3 FY24.
- Net Profit (PAT): ₹0.89 crore, slightly lower than ₹1.46 crore in Q3 FY24.
- Earnings Per Share (EPS): ₹0.45, compared to ₹0.74 in Q3 FY24.
Nine-Month Performance (9M FY 2024-25 vs 9M FY 2023-24)
- Total Revenue: ₹336.95 crore, up 6.9% YoY from ₹314.28 crore.
- Net Profit: ₹5.01 crore, compared to ₹6.66 crore in 9M FY24.
- Total Comprehensive Income: ₹5.53 crore, compared to ₹6.65 crore in 9M FY24.
- EPS (9M FY25): ₹2.53, compared to ₹3.35 in 9M FY24.
Segmental Performance & Business Growth
Segment | Q3 FY25 Revenue (₹ crore) | Q3 FY24 Revenue (₹ crore) | % Change YoY |
---|---|---|---|
Plywood & Allied Products | 77.08 | 62.67 | +23% |
Laminates & Allied Products | 30.63 | 32.06 | -4% |
Medium Density Fibre Board (MDF) | 3.65 | 8.98 | -59% |
Others | 0.57 | 0.09 | +533% |
Cost Structure & Profitability Drivers
- Raw Material Costs: ₹20.80 crore, showing efficient inventory management.
- Employee Expenses: ₹8.67 crore, reflecting business expansion.
- Finance Costs: ₹2.02 crore, slightly up from ₹1.94 crore in Q3 FY24.
- Depreciation & Amortization: ₹1.11 crore, up due to new investments.
- Other Expenses: ₹17.26 crore, reflecting higher logistics & marketing costs.
Balance Sheet & Financial Strength
- Total Assets: ₹274.49 crore.
- Total Liabilities: ₹72.91 crore.
- Net Worth: ₹201.57 crore.
- Debt Position: Controlled, ensuring financial stability.
Market Outlook & Growth Strategy
Archidply is optimistic about future growth, driven by:✔ Expanding plywood & laminates production capacity.
✔ Strengthening distribution channels for premium wood products.
✔ Targeting new export markets for laminates & MDF.
✔ Investing in branding & digital sales platforms.