Rushil Decor
- Market cap
- ₹ 450 Cr.
- P/E
- 19.5x
- P/B
- 0.63x
- 52-week range
- 12.49 – 27.64
- ROE
- 1%
- ROCE
- 5%
- Dividend yield
- 0.4%
- Debt / equity
- 0.4
- Sector
- Consumer Durables
- Industry
- Plywood Boards/ Laminates
- Listed on
- NSE, BSE
About
Rushil Decor Limited is engaged in the manufacturing and sale of laminate sheets, medium density fiber boards, pre-laminated medium density fiber boards and polyvinyl chloride boards. Its segments include Decorative Laminated Sheets, Medium Density Fiber Board, and Polyvinyl Chloride Boards. It offers a product portfolio of Laminates, MDF Boards, High Density Fiber Water Resistant (HDFWR) Boards, Pre-Laminated Decorative MDF Boards, HDFWR boards, VIR Ply, VIR PVC and VIR WPC boards/doors. Its business includes VIR Laminate, VIR MDF, VIR Prelam and VIR PVC. Its VIR laminate product range includes high gloss, door, lab grade, FR grade chalk/ marker grade, sleek and others. Its VIR HDFWR is moisture-resistant, anti-fungal, borer-resistant and eco-friendly with machinability. Its VIR PVC Boards are waterproof, termite-proof and fire-retardant. VIR PVC Boards are used in various applications, including kitchens, and more.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Plywood Boards/ Laminates: 17 companies →Rushil Decor against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)19.5 against a typical 37.4: cheaper than most peers (1st = cheapest).4th of 17
- Sales growth+29.1% against a typical +15.2% from a year earlier.4th of 15
- Share price, 3 months−16.1% against a typical −5.5%.12th of 17
- Size₹ 450.1 Cr. market value against a typical ₹ 131.5 Cr. (1st = largest).6th of 17
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
No up-to-date rating
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| Infomerics | Withdrawn | Stable | 2 Jan 2026 |
Every agency has withdrawn its rating.
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 2 Jan 2026 | Withdrawn | was IVR A- | — | Infomerics | ₹ 225.99 Cr. |
Research by Minerva Capital Research Solutions
Our research team's work on Rushil DecorAlso covered in
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 3 Nov 2026Upcoming | Financial Results/Other business matters | To consider and approve the Unaudited Standalone and Consolidated Quarterly Financial Results for the period ended September 30, 2026 and Other Business matters. |
| 8 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended June 30, 2026 and other business matters |
| 29 May 2026 | Financial Results/Dividend/Other business matters | RUSHIL : 29-May-2026 : The Company has informed the Exchange that a Board meeting to be held on May 05, 2026 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on May 29, 2026, to consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters |
| 5 May 2026 | Board meeting Rescheduled | Rushil Decor Limited has informed the Exchange that the meeting of the Board of Directors of the Company scheduled to be held on May 05, 2026 has been cancelled and new date of board meeting will be intimated by separate announcement in due course |
| 28 Jan 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended December 31, 2025 and other business matters |
| 8 Nov 2025 | Financial Results/Other business matters | To consider and approve the Unaudited Quarterly Financial Results for the Quarter and half year ended September 30, 2025 and other business matters |
| 11 Aug 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2025 and other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 205 | 213 | 233 | 224 | 229 | 210 | 229 | 177 | 233 | 215 | 230 | 229 |
| Expenses | 176 | 182 | 204 | 198 | 199 | 183 | 206 | 179 | 210 | 192 | 204 | 211 |
| Operating Profit | 29 | 31 | 29 | 26 | 29 | 27 | 23 | −2 | 23 | 23 | 26 | 18 |
| OPM % | 14.1% | 14.4% | 12.5% | 11.4% | 12.9% | 12.9% | 10.1% | −1.1% | 9.9% | 10.9% | 11.5% | 8% |
| Other Income | 1 | 0 | 2 | 3 | 1 | 3 | 7 | 0 | 1 | 1 | 4 | 1 |
| Interest | 8 | 8 | 8 | 5 | 8 | 7 | 7 | 8 | 7 | 8 | 8 | 8 |
| Depreciation | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 8 | 8 | 9 | 9 | 9 |
| Profit before tax | 14 | 15 | 16 | 16 | 16 | 16 | 15 | −18 | 8 | 8 | 14 | 3 |
| Tax % | 23.3% | 25.3% | 43.3% | 25.4% | 25.7% | 25.7% | 16.2% | −24.6% | 28.6% | 25.6% | 25.4% | 20.4% |
| Net Profit | 11 | 11 | 9 | 12 | 12 | 12 | 13 | −14 | 6 | 6 | 10 | 2 |
| EPS in Rs | 0.4 | 0.43 | 0.34 | 0.46 | 0.42 | 0.42 | 0.45 | −0.47 | 0.2 | 0.19 | 0.35 | 0.07 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 11%
- 5 Years
- 21%
- 3 Years
- 1%
- TTM
- 7%
- 10 Years
- 1%
- 5 Years
- −8%
- 3 Years
- −53%
- TTM
- 16%
- 10 Years
- −6%
- 5 Years
- −5%
- 3 Years
- −14%
- TTM
- —
- 10 Years
- 10%
- 5 Years
- 9%
- 3 Years
- 6%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Rushil Decor | ₹ 15.28 | ₹ 450 Cr. | 19.5x | 0.6x | 1% | — |
| Grindwell Norton | ₹ 1,858.00 | ₹ 20,572 Cr. | 55.4x | 9.1x | 17.4% | 13.6% |
| Carborundum Universal | ₹ 1,031.30 | ₹ 19,647 Cr. | 71.3x | 5.2x | 5.2% | 3.2% |
| Kajaria Ceramics | ₹ 1,137.65 | ₹ 17,896 Cr. | 38x | 6.4x | 16.8% | 10.2% |
| Century Plyboards (India) | ₹ 636.25 | ₹ 14,165 Cr. | 65.9x | 6.8x | 10.6% | 5% |
| Jindal SAW | ₹ 233.30 | ₹ 14,864 Cr. | 17.4x | 1.4x | — | 3.3% |
Management
- Krupesh Ghanshyambhai Thakkar
- Executive Chairman of the Board
- Keyur M. Gajjar
- Chief Executive Officer
- Hiren B. Padhya
- Chief Financial Officer
- Hasmukh Kanubhai Modi
- Compliance Officer, Company Secretary
- Rushil Krupesh Thakkar
- Managing Director, Executive Director
- Ramanikbhai Tejabhai Kansagara
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.