Archies Q1 loss widens, MD re-appointed, new independent director joins
ARCHIES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved in line with Nifty Microcap 250 and 0.6 pts more than its Consumer Durables peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Archies posted a Q1 FY26-27 net loss of Rs 138.25 lakhs versus a Rs 30.01 lakh profit a year ago. Revenue from operations fell to Rs 790.79 lakhs from Rs 1,374.65 lakhs. The auditor flagged that the company has not deposited EPF and TDS for Apr-Jun 2026. Promoter Anil Moolchandani (73) was re-appointed as Chairman and MD for 2 more years. Anil Kumar Verma (69) joins as an independent director for 5 years. 36th AGM on Sept 24, 2026.
Revenue nearly halved year-on-year and losses widened. Auditor flagged pending EPF and TDS deposits, a governance concern. Promoter MD re-appointed for stability.