Financial Performance Highlights
Archies Limited reported challenging financial results for FY26 with revenue from operations declining 19.52% to ₹5,609.70 lakhs from ₹6,970.54 lakhs in FY25. The net loss significantly widened to ₹429.70 lakhs, representing a 193.73% increase from the previous year's loss of ₹146.29 lakhs. No dividend was declared for FY 2025-26 due to these losses.
Asset Position and Revaluation
Property, plant and equipment showed a substantial revaluation surplus of ₹4,214.14 lakhs recognized on land during the year, increasing the total net book value to ₹10,026.58 lakhs. The asset breakdown includes land (₹6,373.80 lakhs), factory buildings (₹224.74 lakhs), plant and machinery (₹1,432.44 lakhs), and other buildings (₹1,337.62 lakhs).
Inventory position remained stable at ₹6,580.61 lakhs, comprising traded goods (₹4,561.13 lakhs), manufactured goods (₹1,652.98 lakhs), raw materials (₹211.62 lakhs), and work in progress (₹154.88 lakhs). Trade receivables declined to ₹515.19 lakhs net of allowances for expected credit losses of ₹11.00 lakhs.
Annual General Meeting Details
The 36th AGM is scheduled for September 24, 2026 at 11:30 AM via video conference. Key resolutions include adoption of FY26 financial statements, re-appointment of Mr. Varun Moolchandani who retires by rotation, and special resolutions for re-appointment of Mr. Anil Moolchandani as Chairman and Managing Director for 2 years with consolidated remuneration of ₹50,000 per month, and re-appointment of Mr. Anil Kumar Verma as Independent Director for 5 years.
Voting Process and Shareholder Participation
The company has provided remote electronic voting facility through MUFG Intime India Private Limited from September 21-23, 2026. Mr. Shailesh Dayal has been appointed as Scrutinizer to oversee the voting process. Promoters maintain significant control with 61.47% shareholding, led by Anil Moolchandani (20.90%), Jagdish Moolchandani (12.75%), and other family members.
Operational and Segment Performance
The company operated 54 company-owned/managed stores as of March 31, 2026, with segment-wise revenue distribution: Gifts (₹1,889.98 lakhs), Greeting Cards (₹619.60 lakhs), and Stationery (₹2,925.66 lakhs). Total borrowings stood at ₹3,215.41 lakhs including current and non-current portions, while equity share capital remained unchanged at ₹675.60 lakhs.
Compliance and Regulatory Framework
The disclosure confirms full compliance with Section 108 of the Companies Act, 2013, SEBI LODR Regulations, and MCA guidelines. The company has not been declared a wilful defaulter, maintains all immovable properties in its name, and has no transactions involving crypto currency or virtual assets.