Earnings Call/Transcript
Rushil Decor Earnings Call Recording
Rushil Decor released the audio recording of its November 4, 2026 earnings call covering unaudited standalone and consolidated results for the quarter ended September 30, 2026.
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Rushil Decor Ltd (RUSHIL) is currently trading at 19.65 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Rushil Decor Limited manufactures and sells decorative laminates, MDF, pre-laminated MDF and PVC boards through six facilities, marketing its portfolio under the VIR brand across India and 59 international countries. Its principal businesses are MDF and laminates, supported by 700-plus distributors, 4,700-plus retailers and more than 1,200 designs. Q2 FY2027 was a record quarter, with consolidated revenue rising 25.3% year-on-year to Rs. 2,953 million, EBITDA increasing 24.5% to Rs. 280 million and PAT nearly doubling to Rs. 101 million. H1 revenue grew 26.4%, while EBITDA more than doubled, reflecting substantial operational recovery from the prior-year period. Laminates, including Jumbo Laminates, became the strongest growth driver: quarterly revenue increased 61.7% year-on-year and EBITDA more than doubled. Jumbo revenue almost doubled sequentially to Rs. 217 million, with 19.4% EBITDA margin, but utilisation remained only 41%, leaving meaningful execution potential as customer approvals and market development continue. MDF delivered record quarterly revenue of Rs. 1,962 million despite no exports during the quarter, as India revenue grew 41% and capacity utilisation improved to 87%. This demonstrates strong domestic demand, but lower realisation and the deliberate withdrawal from exports highlight the importance of balancing volume growth, pricing and international exposure. The company is positioning value-added MDF and premium laminates as margin-enhancement levers. Management targets value-added MDF at 60% of MDF revenue and 50% of MDF volumes in FY2027, while Jumbo Laminates and sustainable wood procurement could strengthen product differentiation, export reach and raw-material security over time.
Over the past 52 weeks, Rushil Decor Ltd has traded between a low of ₹12.51 and a high of ₹26.41. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Rushil Decor Ltd has a market capitalization of approximately 526.39. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Rushil Decor Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 19.22 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 526.39 Cr, Rushil Decor Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Rushil Decor Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Rushil Decor Ltd is 19.22. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
Rushil Decor reported annualised inventory days of 146 in H1 FY2027, compared with 195 in FY2026. Its inventory balance declined by Rs 17.8 crore over the six months to Rs 244.2 crore at September 2026. The presentation does not give a product-level explanation for the reduction.
Rushil Decor reported PAT of Rs 12.1 crore in H1 FY27. It had reported a Rs 8.9 crore loss in H1 FY26, moving its PAT margin from negative 2.2% to positive 2.3%.
Rushil Decor reported Rs 90 lakh of MDF export revenue in H1 FY27, down 97.9% from Rs 45.7 crore in H1 FY26. Export volume fell to 255 CBM from 20,302 CBM, but the presentation does not state the reason for the reduction.
Rushil Decor reported laminates revenue of Rs 88.4 crore in Q2 FY2027, including jumbo laminates. This was 61.7% above Rs 54.7 crore in Q2 FY2026 and 20.1% above Rs 73.6 crore in Q1 FY2027.
Earnings Call/Transcript
Rushil Decor released the audio recording of its November 4, 2026 earnings call covering unaudited standalone and consolidated results for the quarter ended September 30, 2026.
Financial Results
Rushil Decor reported publication of newspaper advertisements containing extracts of its unaudited standalone and consolidated results for the quarter ended September 30, 2026.
Financial Results
Rushil Decor reported Q2 FY27 consolidated revenue of Rs. 2,953 million, up 25.3% YoY, with EBITDA up 24.5% and PAT up 96.6%.
Investor Presentation
Rushil Decor released its investor presentation covering unaudited standalone and consolidated Q2 FY27 results, highlighting 25.3% revenue growth and 96.6% PAT growth year over year.
Penalty/Adjudication Order
Rushil Decor disclosed a ₹2,000 BSE fine for a one-day delay in filing its June 2026 shareholding pattern and said its waiver request is pending.
Financial Results
Rushil Decor approved unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, along with the statutory auditor’s limited review report.

Consumer Durables
Plywood Boards/ Laminates
577 Cr
Moderate Risk
21.1
43.5
0.3
0.8
26.41
12.51
Sales CAGR
Profit CAGR
ROE
ROCE