Rushil Decor earnings calls.
Other · 1 quarter tracked · source-linked performance, management guidance and promise context.
Latest revenue
₹216 Cr
verified financial record
Quarters tracked
1
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What changed this quarter?
Rushil Decor reported stable Q3 FY26 with revenue of Rs 216 crore growing 2.3% YoY, as seasonal softness was offset by improved realizations. EBITDA margin recovered to 10.7% from earlier quarters impacted by resin price volatility. Laminate segment drove growth at 20.4% YoY to Rs 585 crore with strong domestic (+55.6%) and export (+6.8%) performance, while MDF revenue of Rs 1486 crore grew 29.4% in domestic but faced export decline. The jumbo laminate Phase 2 commenced commercial production, though Q3 contribution was modest (~Rs 6 crore) at 20-25% utilization due to shipping delays delaying repeated orders. FY27 guidance of Rs 1,000+ crore with 10-11% EBITDA margin reflects management confidence. Key risk: Industry MDF capacity projected to rise 33% to 6 million CBM by FY28, intensifying price competition in commodity MDF where management sees no near-term price recovery. Value-added mix (targeting 50% of MDF volumes) remains the margin defense strategy.
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Revenue
₹216 Cr
Source date
Pending
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