Ahmedabad, May 14, 2025 — Rushil Decor Ltd (BSE: 533470, NSE: RUSHIL), a leading manufacturer of interior infrastructure products, reported its audited financial results for the quarter and financial year ended March 31, 2025. The company recorded robust profit growth due to higher efficiency and expanded operations.
Key Financial Highlights (Standalone)
| Particulars | Q4 FY25 | Q4 FY24 | YoY Change | FY25 | FY24 | YoY Change |
|---|---|---|---|---|---|---|
| Revenue from Operations (₹ Mn) | 2,288.14 | 2,334.25 | ▼ 1.97% | 8,913.39 | 8,439.70 | ▲ 5.61% |
| Total Income (₹ Mn) | 2,335.96 | 2,353.23 | ▼ 0.73% | 9,038.18 | 8,468.40 | ▲ 6.73% |
| EBITDA (₹ Mn)* | 478.61 | 457.26 | ▲ 4.67% | 1,206.86 | 1,227.87 | ▼ 1.71% |
| Net Profit (₹ Mn) | 128.80 | 90.03 | ▲ 43.06% | 483.05 | 431.09 | ▲ 12.06% |
| EPS (₹) | 0.46 | 0.34 | — | 1.77 | 1.68 | — |
Segment-Wise Performance
- MDF (Medium-Density Fiberboard) remained the top contributor, with ₹6,733.85 million in FY25, up from ₹6,333.35 million in FY24.
- Laminates and allied products revenue stood at ₹2,017.74 million compared to ₹1,905.85 million last year.
- PVC boards and plywood contributed ₹287.34 million and ₹66.05 million, respectively.
Consolidated Results
On a consolidated basis:- Total income reached ₹9,104.22 million in FY25, compared to ₹8,474.89 million in FY24.
- Net profit attributable to owners was ₹480.84 million, a rise from ₹430.43 million the previous year.
- Consolidated EPS stood at ₹1.75, up from ₹1.68.
Corporate Announcements
Final Dividend:
A final dividend of ₹0.10 per share (10% of face value) has been recommended, subject to shareholder approval at the AGM.Fundraising and Warrant Conversion:
The company raised ₹783.30 million via convertible warrants. In Q4, 1.1 crore warrants were converted into equity shares of ₹1 each.Capital Deployment:
Out of the ₹1,226.61 million planned via the preferential issue:- ₹664.30 million has been used for Mansa's jumbo-size laminate sheet manufacturing project.
- ₹85.20 million for general corporate purposes.
Expansion & Operational Highlights
- Commercial production commenced at the new jumbo-size laminate facility in Gujarat, which has a 1.2 million sheet annual capacity.
- Received ₹68.28 million SGST reimbursement and ₹24.83 million power reimbursement under the Andhra Pradesh Industrial Policy.
- A revenue subsidy of ₹21.38 million was received from the Karnataka government.
- Gain of ₹19.96 million recorded from land sale in the Navalgadh unit during Q4.
Management Commentary
Krupesh G. Thakkar, Chairman, said:Rushil Decor’s ongoing investments and strategic expansions reaffirm its leadership in India's decorative panel products industry. The company is eyeing further growth across both domestic and export markets.
