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Rushil Decor Ltd (RUSHIL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 533470 NSE: RUSHIL Laminates/Decoratives | Small Cap | Rushil Decor Share Price

₹14.77 -0.36 (-2.38%)

As on 04-Jun'26 16:59

Rushil Decor Ltd (RUSHIL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 533470 NSE: RUSHIL Laminates/Decoratives | Small Cap | Rushil Decor Share Price

₹14.77 -0.36 (-2.38%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹433 Cr.
Current Price
₹14.8
52-Week Low / High
₹13 / 34
TTM EPS
₹0.3
TTM Sales
₹856 Cr.
Book Value per Share
₹22.2
P/E Ratio
52.89
Higher than its 5-year historical median
Industry PE
39.3
Price to Book (P/B)
0.66
Lower than its 5-year historical median
Price to Sales (P/S)
0.51
Lower than its 5-year historical median
EV/EBITDA
9.00
Lower than its 5-year historical median
Dividend Yield
0.48%
Profitability Efficiency
Return on Equity (ROE)
8.82%
In line with industry median
Return on Capital Employed (ROCE)
10.57%
In line with industry median
Return on Assets (ROA)
4.15%
Operating Profit Margin
11.8%
Net Profit Margin
5.42%
Gross Profit Margin
10.2%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
5.61%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-12.17%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
12.06%
Asset Quality
Promoter Holding
55.10%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹623 Cr.
Equity
₹29.3 Cr.
Face Value
₹1
All Time Low / High
₹2.02 / 92.30

Rushil Decor stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Undervalued

Price Trend

Semi Strong
Q.1 Is Rushil Decor Ltd a good quality company?
Rushil Decor Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Rushil Decor Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Rushil Decor Ltd vs industry peers?
Rushil Decor Ltd revenue CAGR is 21.58%, compared to the industry median CAGR of 4.40%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Rushil Decor Ltd?
Promoters hold 55.10% of the Rushil Decor Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Rushil Decor Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -4.6% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Rushil Decor Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 15.8%21.9%21.8%10.6%6.1%5%7.8%17.3%11.9%10.6%-
Value Creation
Index
0.10.60.6-0.2-0.6-0.6-0.50.2-0.2-0.3-

Growth Parameters

Sales 297306344344336335624838844891856
Sales YoY Gr.-3.2%12.2%0.1%-2.4%-0.1%86.1%34.3%0.7%5.6%-
Adj EPS 0.41.31.60.61.20.513.91.61.60.3
YoY Gr.-225.6%22.8%-64.1%105.4%-60%119.6%283.2%-58.9%-1.9%-
BVPS (₹) 4.36.58.19.710.911.11215.418.62122.2
Adj Net
Profit
7.223.629.610.822.110.322.686.842.244.98
Cash Flow from Ops. 32.527.55018.647.177.1-6.611540.9108-
Debt/CF from Ops. 3.23.4213.18.64.9-63.63.57.22.5-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 13%21.6%12.6%5.6%
Adj EPS 16.7%6.3%15.6%-1.9%
BVPS19.2%14%20.5%13%
Share Price -6.4% -7.8% -20.5% -50.7%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
9.322.9205.710.24.28.226.79.37.61.3
Op. Profit
Mgn %
11.915.716.510.71110.411.919.414.211.88.3
Net Profit
Mgn %
2.47.78.63.16.63.13.610.4551
Debt to
Equity
1.30.80.71.31.91.51.61.20.60.40.1
Working Cap
Days
134134156236280246145139173197101
Cash Conv.
Cycle
4552616454496060757813

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales297306344344336335624838844891
Operating Expenses + 261258287307299300550689724786
Manufacturing Costs444246505453113118115123
Material Costs173168181192175182316415443478
Employee Cost 18182126292741475867
Other Costs 27303940413980109108118
Operating Profit 35485637373574149120105
Operating Profit Margin (%) 11.9%15.7%16.4%10.7%11.0%10.4%11.8%17.8%14.2%11.8%
Other Income + 13384411312
Exceptional Items 0000020002
Interest 1210914121220243227
Depreciation 678991024262930
Profit Before Tax 183443232019311016163
Tax 119129-358241815
Profit After Tax 7253114231423784348
PAT Margin (%) 2.4%8.1%9.0%4.2%6.9%4.1%3.7%9.3%5.1%5.4%
Adjusted EPS (₹)0.41.31.60.71.20.61.03.51.61.7
Dividend Payout Ratio (%)10.10%2.90%2.40%5.20%3.20%7.20%4.40%1.30%6.20%5.90%

Valuation of Rushil Decor - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 80121171206228264287363511618
Share Capital 14141515152020202729
Reserves 66106156191213244267343485589
Debt +917986233397349371354243217
Long Term Debt443339180339295286269162139
Short Term Debt47464753585485858178
Minority Interest0000000000
Trade Payables51416474968088132171220
Others Liabilities 4256576564115141149175175
Total Liabilities 2642963775787868088879981,0991,230

Fixed Assets

Net Fixed Assets +139162194204197587594641630702
Gross Block170200239258260659690763780881
Accumulated Depreciation31384554627296122150179
CWIP 1249833810066
Investments 0000000004
Inventories616283888684155187225240
Trade Receivables41484855615883119164185
Cash Equivalents 675661265115
Others Assets 151742127976748456288
Total Assets 2642963775787868088879981,0991,230

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 332750194777-711541108
PBT 183443232019311016163
Adjustment 18171622212045506255
Changes in Working Capital 0-16-1-18841-82-23-74-1
Tax Paid -4-7-8-9-2-3-0-13-8-8
Cash Flow From Investing Activity + -7-9-64-172-198-39-15-76-35-97
Capex -10-9-42-112-242-61-30-73-24-101
Net Investments -000-000000-4
Others 30-21-59442215-3-119
Cash Flow From Financing Activity + -26-1812153151-3821-39-6-12
Net Proceeds from Shares 0020200241-010664
Net Proceeds from Borrowing -13-116141159-44-9-18-107-23
Interest Paid -12-10-9-14-12-12-20-24-32-27
Dividend Paid -1-1-1-1-1-1-1-1-1-3
Others -14-465-550429-23
Net Cash Flow -10-10-01-1-000

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)9.2624.7622.528.411.66.018.8525.2710.288.82
ROCE (%)15.821.9221.8310.636.075.017.7617.3311.910.57
Asset Turnover Ratio1.221.191.040.720.490.420.740.890.80.77
PAT to CFO Conversion(x)4.711.081.611.362.045.5-0.31.470.952.25
Working Capital Days
Receivable Days4848.70505563.3064.604143.8061.2071.40
Inventory Days66.9067.6075.4090.9094.4092.4070.1074.5089.1095.10
Payable Days105.8099.50105.40130.90177.20176.5096.7096.50124.90149.20

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *13.270.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Rushil Decor Ltd FAQs

The current trading price of Rushil Decor on 04-Jun-2026 16:59 is ₹14.77.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of Rushil Decor stood at ₹433.4 Cr

The latest P/E ratio of Rushil Decor as of 03-Jun-2026 is 52.89.

The latest P/B ratio of Rushil Decor as of 03-Jun-2026 is 0.66.

The 52-week high of Rushil Decor is ₹33.80 and the 52-week low is ₹12.51.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Rushil Decor is ₹856 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Rushil Decor Ltd is a average quality company.

The key valuation ratios of Rushil Decor Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Rushil Decor Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Rushil Decor Ltd

Rushil Decor (RDL), a flagship company of the Rushil Group, was incorporated on May 24, 1993 as “Rushil Decor Private Limited” under the provisions of the Companies Act, 1956 with Registrar of Companies, Gujarat, Dadra & Nagar Haveli. However, the name was changed to “Rushil Decor Limited” on December 4, 2007. The promoters have been associated with laminated production since more than a decade under the brand “Vir Laminate”. RDL is the modern state-of-art manufacturer of Decorative Laminated Sheets with a network of branches, distributors and dealers across India.

The company’s product offering includes:

  • Decorative Laminate Sheets
  • Plain Particle Boards

All the products are manufactured by the company in integrated multi-product modern facilities strategically located at Gujarat, Western part of India. The company currently has five manufacturing units which caters to the domestic as well as international customers.

To consolidate the efforts and for better administration, the group companies Viz Mica Rushil Private limited and Rushil High Pressure laminates Private limited engaged in the same line of activity have been amalgamated with RDL with effect from April 1,2005 pursuant to order of Gujarat High court dated January 23, 2007. The combined installed capacity is 30.00 Lakhs Sheets per annum.

RDL has set up a large distribution network and operates through 5 marketing offices, 14 Consignment agents and 70 distributors. As on April 30, 2011, RDL has a network of 2150 dealers who in turn supply to sub dealers/ retailers giving a Vir Laminate presence for marketing of the products. This ensures the availability of products off-the-shelf in any corner of India. The company has the manpower strength of 51 who are deployed for marketing.

RDL has commenced one more unit at Village Navalgadh, Taluka: Dhrangadhra, District: Surendranagar, Gujarat, for manufacture of Plain Particle Board. Apart from this the company is under the process of commissioning an additional plant for Medium Density Fibreboard (MDF) through the proposed Initial Public Offer. Its diversification into MDF manufacture is in furtherance of strategy of increasing share in the mid market segment, which is the largest segment of the market.

Krupesh Ghanshyambhai Thakkar, managing director of company has more than a decade of experience in trading and manufacture of plywood, laminates and allied products. He has been conferred with accolades which include “Rajiv Gandhi Shiromani Award” and 'Indira Gandhi Shadbhavna Award' in the year 2007, acknowledging his achievement in their field of work and contribution to the Nation.

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