Rushil Decor Ltd — earnings calls

Rushil Decor reported Q1 FY27 consolidated revenue growth of 27.8% year-over-year to around INR 2,920 million (per the MD) or INR 2,290 million (per the CFO), with EBITDA of INR 182 million at a 7.9% margin and PAT of INR 20 million. The laminate business grew 65.3% year-over-year driven by domestic and export demand, while the MDF business grew 17.2% following a planned annual maintenance shutdown in April. Management discussed elevated chemical and freight costs, disruption to shipping routes from the West Asia conflict, and plans to increase capacity utilization in Jumbo laminates and value-added MDF products.

Rushil Decor reported consolidated FY26 revenue of INR 8,622 million with EBITDA of INR 801 million and a 9.3% EBITDA margin, while Q4 FY26 revenue was INR 2,309 million with EBITDA of INR 286 million at a 12.4% margin. Management attributed the year's weaker profitability to a fire-related production loss at the Andhra Pradesh MDF facility in Q1, elevated resin and raw material costs, and export disruptions from Middle East geopolitical developments. The company also detailed progress on its Jumbo Laminate business, MDF capacity utilization, price increases effective April 2026, and expansion of its distribution network.