Rushil Decor Ltd

Q4 FY26Consumer Durables

Rushil Decor Q4 FY26 earnings call: Revenue & Margins

Q4 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹17

Market cap₹523 Cr

P/E77.7

Updated25 Aug 2026

Read4 min read

The short version

Jumbo Laminates capacity utilization is targeted at 60%-65% in FY27 and 85% in FY28, with potential revenue scaling accordingly. The company targets increasing value-added product contribution in MDF to 50% of volumes and 60% of revenues in FY27, aiming for improved margins and revenue quality.

From Rushil Decor Ltd's Q4 FY26 earnings-call transcript · updated 25 Aug 2026.

Revenue & Sales Performance

Jumbo Laminates capacity utilization is targeted at 60%-65% in FY27 and 85% in FY28, with potential revenue scaling accordingly.
Jumbo Laminates realization averages around INR 4,000 per sheet, aiming for a phased ramp-up over the next 2-3 years.
MDF business aims for peak utilization at 90%-95%, targeting revenues around INR 750-800 crores.
Value-added MDF products target to increase from current 42% volume and 54% value contribution to 50% volume and 60% value in FY27.
Domestic MDF revenue grew 12.5% YoY despite disruptions; further growth expected supported by retail and OEM channels.
Laminates segment revenue up 6.1% YoY, with capacity utilization above 89%; domestic laminates grew 21% YoY.

2 more points management made on revenue & sales performance

Profitability & Margins

The company targets increasing value-added product contribution in MDF to 50% of volumes and 60% of revenues in FY27, aiming for improved margins and revenue quality.
Jumbo Laminates business is expected to scale up gradually, targeting 60-65% utilization in FY27 and moving to 85% by FY28, contributing to higher realizations (~INR 4,000 per sheet) and revenue growth.
EBITDA margins for Laminates are aimed between 10%-12% with Jumbo Laminates contributing positively to margin improvement.
MDF business expects steady-state EBITDA margins around 14% with blended realizations approximately INR 25,000-26,000 per cubic meter.
Operational utilization across segments is targeted to rise up to 90% in FY27, supporting volume growth.

2 more points management made on profitability & margins

See what Rushil Decor Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Rushil Décor has recently invested significantly in Jumbo Laminate facilities, with both phases now operational.
Major machinery upgrades were completed in April 2026 for the Jumbo Laminate facility.
The company is focusing on capacity utilization improvements, targeting 85% utilization of Jumbo Laminates in FY27 and aiming for 90% utilization across all operations.
No explicit mention of fresh capex plans or new debt; management does not plan new borrowing in FY27.
Focus remains on scaling up Jumbo Laminates, increasing value-added product share, and operational cost optimization rather than large new capital investments.

2 more points management made on capital expenditure plans

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Ranked on what management guided this quarter

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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

As of March 31, 2026, Rushil Décor Limited's net debt stood at INR 254 crores, down from INR 262 crores as of March 2025.
The company has already scheduled repayment of approximately INR 50 crores for the next financial year.
There are no plans to raise new debt during the current financial year.

2 more points management made on fundraising & capital structure

See what Rushil Decor Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The transcript provided (pages 1-10) does not explicitly mention the current or expected order book or pending orders for Rushil Décor Limited. However, some relevant points related to demand and market outlook can be summarized: - The company is confident about expanding its export markets including Europe, Russia, Western Europe, Baltic countries, and CALA region. - Export sales for MDF are being diversified beyond the Middle East due to geopolitical challenges. - The Jumbo Laminates business is scaling up, with utilization expected to reach 60-65% in the current fiscal year and up to 85% next year. - Domestic MDF and Laminate demand remains strong, with capacity utilization targeting around 85-90%.

2 more points management made on order book & pipeline

Rushil Decor Ltd — Quarterly revenue & net profit

Revenue Net profit Net loss

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Reported quarterly figures (₹ Cr). Latest: revenue ₹215 Cr, net profit ₹6 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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What Rushil Decor's management said in earlier quarters

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Frequently Asked Questions

What were Rushil Decor Ltd Q4 FY26 results?

What is Rushil Decor Ltd share price analysis?

Rushil Decor Ltd currently shows a neutral. The stock trades at a P/E of 77.7 with a market cap of ₹523 Cr. Investors should review the full earnings analysis for detailed insights.

Is Rushil Decor Ltd planning capital expenditure?

Rushil Décor has recently invested significantly in Jumbo Laminate facilities, with both phases now operational.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.