Rushil Decor Share News - Latest Updates, Live News & More

Latest news about Rushil Decor

Rushil Decor Completes Rs 93.04 Crore Fund Utilization from Preferential Issue with No Deviation 3 hrs ago Today

Rushil Decor Limited has completed the utilization of Rs 93.04 crores raised through its preferential issue of convertible warrants for Q3 FY26, with no deviation from stated objectives. The company received Rs 93.04 crores out of the total issue size of Rs 122.66 crores, with Rs 9.87 crores forfeited as per SEBI regulations. Funds were deployed across decorative laminates manufacturing, MDF plant machinery, and general corporate purposes. This represents the final disclosure as the issue purpose has been completed with full fund utilization.

Rushil Decor Q3 FY26 Results: Revenue Grows 2.3% YoY to INR 2,165 Million, Jumbo Laminate Phase 2 Operational 5 days ago

Rushil Decor Limited Completes Preferential Issue Fund Utilization Worth Rs. 93.04 Crores Jan 28, 2026

Rushil Decor Reports 55% Decline in Q3 Consolidated Net Profit to ₹52 Million Jan 28, 2026

Rushil Decor Limited Schedules Board Meeting on January 28, 2026 for Q3FY26 Financial Results Jan 08, 2026

More news about Rushil Decor

10Dec 25

Rushil Decor Starts Commercial Production of Jumbo Laminate Sheets Phase 2 at New Gujarat Plant

Rushil Decor has successfully started commercial production of Jumbo Laminate Sheets Phase 2 at its new Gujarat manufacturing facility. The expansion brings the company's total annual production capacity to 2.8 million sheets, representing a significant milestone in its manufacturing capabilities and market positioning within the plywood boards and laminates sector.

10Dec 25

Rushil Decor Boosts Production Capacity with Phase 2 Launch in Gujarat

Rushil Decor has started commercial production of Jumbo Laminate Sheets in Phase 2 at its new manufacturing facility in Gujarat. This expansion increases the company's total annual capacity to 2.8 million sheets, marking a significant boost in its manufacturing capabilities. The move is aimed at strengthening Rushil Decor's position in the laminate market and potentially meeting growing demand.

21Nov 25

Rushil Decor to Divest Up to 29% Stake in Subsidiary Rushil Modala Ply Limited

Rushil Decor Limited plans to sell up to 29% equity stake in its subsidiary, Rushil Modala Ply Limited (RMPL), to Dr. Modala Nageshwar Rao and family members. The transaction, priced at Rs. 10.00 per share, will be executed in multiple tranches over 18 months. RMPL contributed 0.74% (Rs. 664.99 lakhs) to Rushil Decor's consolidated turnover and has a net worth of Rs. 772.98 lakhs. The deal is considered a Related Party Transaction at Arm's Length Price and complies with SEBI regulations.

15Nov 25

Rushil Decor Reports Q2 Recovery with 31.5% Sequential Revenue Growth

Rushil Decor Limited reported Q2 revenue of INR 2,356.00 million, up 31.5% quarter-on-quarter. MDF segment revenue reached INR 1,695.00 million with 79% capacity utilization. Laminate segment revenue grew to INR 562.00 million, up 8.9% year-over-year. The company expects annual revenue of INR 9,700.00 million with 10-12% EBITDA margins. Operations have normalized following a fire incident at the Andhra Pradesh MDF plant. The new Jumbo Laminate facility has started contributing to revenues, and trial production for Phase 2 has commenced.

08Nov 25

Rushil Decor Reports Mixed Q2 Results Amid Preferential Issue Challenges

Rushil Decor Limited released Q2 FY2025-26 results, showing a 2.01% increase in revenue to ₹2,332.39 crore, but a 48.51% decrease in net profit to ₹59.73 crore. The company faced setbacks in its ₹122.66 crore preferential issue, with some warrant holders not exercising conversion options. Despite challenges, Rushil Decor has utilized ₹90.22 crore of the ₹93.04 crore received for various projects. The company expanded its Jumbo Plant capacity to 2.8 million sheets per annum and approved dilution of up to 29% stake in its subsidiary, Rushil Modala Ply Limited.

08Nov 25

Rushil Decor Reports 2.3% Revenue Growth to Rs 2,356 Million in Q2 FY2026

Rushil Decor Limited announced its Q2 FY2026 results with a 2.3% YoY revenue increase to Rs 2,356.00 million, but a 55% decline in PAT to Rs 51.00 million. The company's MDF facility in Andhra Pradesh resumed full operations, achieving 79% capacity utilization. Rushil Decor commenced commercial dispatches from its Phase 1 Jumbo Laminates unit and expanded its distribution network. The board approved reducing stake in subsidiary Rushil Modala Ply Limited from 51% to 29%. Post-quarter, the company started Phase II trial production of Jumbo Size Laminate Sheets, adding 1.6 million sheets per annum capacity. Rushil Decor also received Rs 14.17 million in government incentives from Andhra Pradesh.

18Oct 25

Rushil Decor Forfeits ₹7.43 Cr from Vespera Fund's Convertible Warrants

Rushil Decor Limited's Fund Raising Committee has formally approved the forfeiture of ₹7.43 crores representing 25% consideration on 10 lakh convertible warrants from Vespera Fund Limited. The decision came after the expiry of SAT's status quo order on December 10, 2025, and Vespera Fund's agreement to the forfeiture, ensuring regulatory compliance under SEBI regulations.

10Oct 25

Rushil Decor Expands Production Capacity, Targets ₹1,100 Crore Revenue by Mid-FY2026

Rushil Decor has initiated trial production at Phase 2 of its Jumbo Laminate Plant in Gujarat, increasing capacity by 1.60 million sheets annually. Total production capacity now reaches 2.80 million sheets per annum. The company targets consolidated revenue of ₹1,100 crore by mid-FY2026, with an additional annual revenue of ₹300 crore and an EBITDA margin of 11%. The expansion aims to meet growing global demand, particularly in the USA, Europe, and other Western markets. The project is expected to be completed by Q3 FY26, aligning with the company's growth strategy.

19Aug 25

Rushil Decor Q1 Revenue Dips 20.4% to ₹179.20 Crores Amid Fire Incident at MDF Plant

Rushil Decor's Q1 consolidated revenue fell 20.4% to ₹179.20 crores, primarily due to a fire at its Andhra Pradesh MDF facility causing 43 days of production loss. MDF business revenue dropped 26.6% to ₹124.20 crores with 30% volume decline. Laminate segment showed resilience with only 5.6% revenue decline. The company reported negative EBITDA but remains optimistic, targeting ₹1,000 crores revenue for the current fiscal year and improved EBITDA margins in the future. The Andhra Pradesh plant has resumed operations, and the new Jumbo Laminate facility has started commercial production.

11Aug 25

Rushil Decor Reports Q1 FY26 Loss Amid Fire Incident, Utilizes Rs. 809.77 Crore from Preferential Issue

Rushil Decor faced a challenging Q1 FY26 with a net loss of Rs. 140.69 crore, down from a profit of Rs. 123.95 crore in Q1 FY25. Revenue decreased by 20.4% to Rs. 1,791.57 crore. The performance was impacted by a 43-day production disruption at its Andhra Pradesh MDF plant due to a fire incident. MDF segment revenue fell 26.6%, while Laminates revenue decreased by 5.6%. The company has utilized Rs. 809.77 crore of its preferential issue funds. Despite setbacks, management expects improved performance in Q2 FY26, driven by higher capacity utilization and increased contribution from value-added products.

11Aug 25

Rushil Decor Reports Q1 Net Loss of ₹136.83 Crore, Revenue Declines Amid Challenges

Rushil Decor Limited, a decorative laminates and MDF manufacturer, reported a net loss of ₹136.83 crore in Q1, compared to a profit of ₹123.11 crore in the same quarter last year. Revenue from operations decreased by 20.7% to ₹1,772.87 crore. The company faced challenges including a fire incident at its MDF plant and a foreign exchange loss of ₹57.09 crore. The Medium Density Fiber Board segment reported a loss of ₹135.73 crore, while Laminates & Allied Products and Polyvinyl Chloride Board segments remained profitable.

24Jun 25

Rushil Decor Bolsters Equity Base with 66 Lakh Share Issuance

Rushil Decor, a leader in decorative laminates and engineered wood flooring, has issued 66 lakh equity shares at ₹297.00 per share through the conversion of warrants on a preferential basis. This move expands the company's equity base and could potentially bring in approximately ₹196.02 crore, subject to the terms of the warrant conversion.

17Jun 25

Rushil Decor Secures Initial Export Orders, Boosting New Capacity Utilization

Rushil Decor, a leader in decorative laminates and engineered wood flooring, has secured initial export orders utilizing 15% of its Phase 1 capacity. The company plans to increase production in upcoming quarters, signaling confidence in market demand and potential for higher capacity utilization.

17Jun 25

Rushil Decor Sets Ambitious ₹1,100 Crore Revenue Target for FY2026

Rushil Decor, a leader in decorative laminates and engineered wood flooring, has announced plans to achieve ₹1,100 crore in consolidated revenue by FY2026. The company will expand its jumbo laminate facility, completing Phase 2 by Q3 FY2026, which will increase annual sheet production capacity by 2.80 million sheets. This expansion is expected to generate potential additional annual revenues of about ₹300 crore. The strategy aims to enhance production scale and strengthen the company's global market position.

14May 25

Rushil Decor Q4 Results: Net Profit Surges Despite Revenue Dip

Rushil Decor reported mixed Q4 FY2023 results. Revenue slightly decreased by 1.72% to ₹2,290.00 crore. Net profit surged 43.11% to ₹128.80 crore. EBITDA declined 20.82% to ₹231.20 crore, with margin contracting 243 bps to 10.10%. PBT decreased 15.75% to ₹133.70 crore. The company showed resilience in bottom-line performance despite top-line pressure, suggesting effective cost management.

30Apr 25

Rushil Decor Launches Production of Jumbo Laminate Sheets at New Gujarat Facility

Rushil Decor Limited has commenced production of jumbo laminate sheets at its new facility in Gujarat on April 30, 2025. The plant, located in Gandhinagar district, has an annual capacity of 1.2 million sheets with a standard thickness of 1 mm. This strategic expansion aims to strengthen the company's position in the global jumbo laminate market, with a focus on export markets in both developing and developed countries.

09Apr 25

Fire Halts Production at Rushil Decor's Atchutapuram MDF Plant

Rushil Decor Limited reported a fire incident at its MDF manufacturing plant in Atchutapuram, Andhra Pradesh on April 9, 2025, at 1:20 a.m. IST. The fire was quickly controlled, but production operations have been temporarily disrupted. No casualties were reported. The company is assessing the damage, planning restoration, and has notified its insurance provider. Rushil Decor is taking steps to minimize operational impact and resume production.