Incorporated in 1995, Archidply Industries Limited engaged in the business of plywood manufacturing for more than 30 years under the brand Archidply. Archidply Industries Limited is the flagship company of the Archidply group. The Group has grown from a small saw mill in Assam to a modern state-of-the-art manufacturer of wood panel products and decorative surfacing products in three locations, Rudrapur, Mysore and Assam, with a network of branches, distributors and dealers across India. Archidply Industries have been awarded ISO 9001: 2000 for quality management systems in manufacturing and marketing of wood and agro based panel products. Company has set up a large distribution network and operates through 16 marketing offices and 61 distributors and stockists. As on September 30, 2007, they have a network of 586 authorized dealers who in turn supply to more than 2,000 sub dealers / retailers, giving a pan India presence for marketing of their products. This ensures the availability of their products off-the-shelf in any corner of India. Archidply Industries has the manpower strength of 531 of which 137 are deployed for marketing as on September 30, 2007. Archidply Industries Limited offers comprehensive engineered interior products which include: Indian Toners & Developers Ltd. lays great emphasis on the protection of the social and natural environment. ITDL thus has commissioned Solar Power Generation Plant, for in-house power consumption. It is also constantly working towards its green company initiative of being en eco friendly company. The installation of a solar power plant is another step towards this initiative. In the future as well, Indian Toners will continue to invest in green technology. 1. Plywoods - Marine Plywood, Fire Retardant Plywood, Shuttering Plywood, Densified Film Faced Plywood, BWR & MR Plywood, Lamyply and Lamyboard.2. Block Board and Flush Doors - BWR & MR grade.3. Particle Boards - plain, veneered and pre laminated particle board both in interior and exterior grade.4. Decorative Laminates range from 0.8mm to 1.5mm and post form laminates5. Decorative Veneers Teak, natural exotic veneers, reconstituted veneers and dyed veneers. The financials of the company is zigzag, RoNW is -0.05% and at CMP its looks fully priced. Current market price of Company is higher than buyback price. So we give AVOID rating to this buyback.
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