The call has ended.
Key takeaways
Record Q2 revenue of ₹295 Cr (+25%) and PAT up 97% to ₹10 Cr, but margin pressure and rising net debt. No FY28 guidance given.
| Revenue growth | Revenue +25.3% YoY to ₹295 Cr; H1 revenue +26.4%. |
|---|---|
| Margins | Consolidated EBITDA 9.5%; non-jumbo laminate margin pressured to ~7%. |
| Order book | Jumbo laminate orders signed for Q3-Q4; no quantified order book. |
| Demand visibility | Strong domestic MDF demand; exports paused on freight and geopolitics. |
| Management confidence | Upbeat; avoided FY28 guidance and deflected capex questions. |
Growth
Revenue +25.3% YoY to ₹295 Cr; jumbo laminate revenue +97% sequentially; MDF +15.8% with zero exports.
Outlook
No FY28 revenue/EBITDA guidance; FY27 'better than H1' undefined; capex decision deferred to later quarter.
Risks
Domestic MDF realisation down 7% QoQ; non-jumbo laminate margin ~7% on raw material and freight costs; net debt up.
Last quarter's promises, checked
Partly delivered
- Consolidated EBITDA 10-12% within 1-2 qtrs → 9.5% in Q2 (= PARTIAL)
Missed
- Capex ₹5-10 Cr FY27 → ₹15-20 Cr (= MISS)
- Debt ~₹260 Cr, repay ~₹55 Cr/yr, debt-free FY29 → net debt up to ₹271.5 Cr (= MISS)
- MDF exports 4,000-5,000 CBM/month → nil in Q2 (= MISS)
Summary by ALFA Finder, written with AI assistance from the earnings call transcript the company filed, published . Open it on ALFA Filings ›
The results behind this call
Rushil Decor Q2 FY27 Results: Net Profit ₹10.1 Cr, Up 98.0% YoY
Rushil Decor Ltd reported revenue from operations of ₹295.3 Cr (+25.3% YoY) and net profit of ₹10.1 Cr (+98.0% YoY) for Q2 FY27.
- Key figure
- Net profit ₹10.1 Cr · +98.0% YoY
What management said last time
Full summary →From the call summary published .
Outlook they gave
Targeting debt-free status by FY29; aiming for 55-60% Jumbo laminate utilization.
Growth they described
Revenue rose 27.8% YoY; Laminate segment surged 65.3% while MDF grew 17.2%.
Call details
| Company | Rushil Decor Ltd |
|---|---|
| NSE symbol | RUSHIL |
| ISIN | INE573K01025 |
| Call | Q2 FY27 earnings call |
| Date | Wednesday, 4 November 2026 |
| Time | 3:30 PM IST |
Rushil Decor Ltd: key numbers
- Share price
- ₹18.05
- Market cap
- ₹529.6 Cr
- Revenue (annual)
- ₹862.2 Cr
- Net profit (annual)
- ₹6.73 Cr
- P/E (TTM)
- 19.3×Sector 40.2×
- Promoter holding
- 55.10%+0.00% QoQ
- FII holding
- 1.05%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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