Rushil Decor Limited - manufacturing in Mansa, Gujarat, India. FY 2026 financials and compliance.
CIN L25209GJ1993PLC019532 Incorporated 24 May 1993 ROC Ahmedabad HQ Mansa, Gujarat, India
Active Listed - NSE: USHIL · BSE: 533470 Public Limited Company manufacturing
Data last updated
Revenue · FY 2026
₹862.24 Cr
▼ 3.98% YoY
EBITDA · FY 2026
₹75.48 Cr
▼ 36.14% YoY
Net profit · FY 2026
₹6.38 Cr
▼ 86.67% YoY
Authorised capital
₹40 Cr
Registered with MCA
Paid-up capital
₹29.34 Cr
Issued & subscribed
Open charges
₹694.57 Cr
Satisfied ₹127.99 Cr
Company age
33 yrs
Est. 1993
Employees · EPFO
853
Latest available

About Rushil Decor Limited

Data last updated: 07 February 2026

Rushil Decor Limited is a public limited company based in Mansa, Gujarat, India. It specialises in wood products and mdf, a part of the broader manufacturing sector. Incorporated on 24 May 1993, the company has been in operation for over 33 years.

Registered with ROC Ahmedabad under CIN L25209GJ1993PLC019532. Listed on BSE: 533470 and NSE: USHIL.

Capital: an authorised share capital of ₹40 Cr and a paid-up capital of ₹29.34 Cr. Formerly known as Rushil Decor Pvt Ltd. It is led by directors including Krupesh Ghanshyambhai Thakkar and Shreyaben Milankumar Shah.

Last AGM: 20 September 2025. Financial statements filed for year ended 31 March 2025. Office: S No 149 Near Kalyanpura Patia, Village Itla Gandhinagar Mansa Road, Gujarat, India – 382845.

As per the financials filed for FY 2025, the company reported a revenue of ₹903.82 Cr, a growth of 7% compared to the previous year.

The company has a workforce of approximately 853 employees as per the latest available data. Its group structure includes 1 subsidiary.

The company is associated with 2 brands - Vir Laminates, Rushil Decor. As per MCA filings, the company has open charges of ₹694.57 Cr and satisfied charges of ₹127.99 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rushil.com.

Company Details of Rushil Decor Limited
CIN L25209GJ1993PLC019532
Registration Number 019532
Incorporation Date 24 May 1993
ROC Ahmedabad
Listing Status Listed (BSE: 533470, NSE: USHIL)
Company Status Active
Date of Last AGM 20 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
  • Social Media
  • Registered Address
    S No 149 Near Kalyanpura Patia, Village Itla Gandhinagar Mansa Road, Gujarat, India – 382845
  • Industry
    Manufacturing, Wood Products & MDF
Company report
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Financials, compliance, directors, charges, ownership and filings for Rushil Decor Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Rushil Decor Limited

Rushil Decor Limited has one previous CIN (Corporate Identification Number): U25209GJ1993PLC019532. The current CIN is L25209GJ1993PLC019532, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L25209GJ1993PLC019532 Current
U25209GJ1993PLC019532 Previous

Associated Brands with Rushil Decor Limited

Rushil Decor Limited operates two associated brands: Vir Laminates and Rushil Decor. These brands represent Rushil Decor Limited's diversified market presence and brand portfolio.

Brand Description Website
Laminates are manufactured in various textures, colors, and sizes. virlaminate.com
Laminated sheets and wood-engineered products are manufactured and sold. rushil.com

Competitors & Alternatives of Rushil Decor Limited

Brands and companies operating in the same space as Rushil Decor Limited include Wilsonart, Stylam, Interprint and 5 more.

Competitor Description Location Founded
Wilsonart Wilsonart Manufacturer of laminates and wall panels Temple, United States, United States 1956
Stylam Stylam Manufacturer of laminates for residential, commercial, and industrial purposes Chandigarh, India, India 1991
Interprint Interprint Interior decoration company Arnsberg, Germany, Germany 1969
Greenlam Industries Greenlam Industries Diversified interior building products including laminates and plywood are manufactured. Delhi, India, India 2013
James Latham James Latham Distributor of timber and panel products. Hemel Hempstead, United Kingdom, United Kingdom -
Surteco Surteco Surface technologies, films, and edgebanding solutions are provided by Surteco. Buttenwiesen, Germany, Germany 1999
Action TESA Action TESA Manufactures high-quality laminates for interior design applications. New Delhi, India, India 2009
Formica Formica Home improvement products including laminates and fittings are manufactured. Cincinnati, United States, United States 1913

Business Activity of Rushil Decor Limited

Rushil Decor Limited is engaged in the principal business activity of manufacturing, with detailed activities including wood and wood products, furniture, paper and paper products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C3 Wood and wood products, furniture, paper and paper products *********

Auditor Details of Rushil Decor Limited

Rushil Decor Limited is audited by Pankaj R. Shah (ICAI peer reviewed, certificate valid till 2027-10-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
Pankaj R. Shah (ICAI peer reviewed, certificate valid till 2027-10-31) FY 2026 Declaration of unmodified opinion

Board of Directors of Rushil Decor Limited

Rushil Decor Limited is currently managed by 9 directors, with 20 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Krupesh Ghanshyambhai Thakkar Whole-Time Director 01 Sep 2007 18 Years 10 Months Current
Shreyaben Milankumar Shah Director 08 Nov 2022 3 Years 8 Months Current
Kantilal Ambalal Puj Director 13 Aug 2021 4 Years 10 Months Current
Rushil Krupesh Thakkar Managing Director 13 Aug 2021 4 Years 10 Months Current
Hiren Shirishchandra Mahadevia Director 09 Aug 2024 1 Years 11 Months Current
Ramanikbhai Tejabhai Kansagara Whole-Time Director 02 Feb 2019 7 Years 5 Months Current
Showing 6 of 9 current directors. View all directors

Financials of Rushil Decor Limited FY 2026 filings available

Rushil Decor Limited reported revenue of ₹862.24 Cr (down 3.98% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹862.24 Cr ▼ 3.98%
Profit · FY 2026
₹6.38 Cr ▼ 86.67%
EBITDA · FY 2026
₹75.48 Cr ▼ 36.14%
Revenue₹ Cr · Consolidated05001,000FY 2025: ₹898 Cr898FY 2025FY 2026: ₹862 Cr · -4% YoY862-4%FY 2026
Net Profit₹ Cr · Consolidated0204060FY 2025: ₹48 Cr47.9FY 2025FY 2026: ₹6 Cr · -86.7% YoY6.4-86.7%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year0100200300Q1'25: ₹225 Cr225Q1'25Q2'25: ₹230 Cr230Q2'25Q3'25: ₹212 Cr212Q3'25Q4'25: ₹231 Cr231Q4'25Q1'26: ₹179 Cr · -20.4% YoY179-20.4%Q1'26Q2'26: ₹236 Cr · +2.3% YoY236+2.3%Q2'26Q3'26: ₹217 Cr · +2.3% YoY217+2.3%Q3'26Q4'26: ₹231 Cr · +0.1% YoY231+0.1%Q4'26
Metrics FY 2026 FY 2025
Revenue from Operations ₹862.24 Cr ₹897.94 Cr
Other Income ₹5.55 Cr ₹12.48 Cr
Total Income ₹867.79 Cr ₹910.42 Cr
Cost of Materials Consumed ₹499.64 Cr ₹496.41 Cr
Purchases of Stock-in-Trade ₹15.8 Lakh ₹45 Lakh
Changes in Inventories -₹29.9 Cr -₹15.41 Cr
Employee Benefit Expense ₹76.92 Cr ₹67.88 Cr
Finance Costs ₹31.21 Cr ₹27.65 Cr
Depreciation & Amortisation ₹34.31 Cr ₹30.01 Cr
Other Expenses ₹245.5 Cr ₹242.9 Cr
Total Expenses ₹857.84 Cr ₹849.88 Cr
Profit Before Exceptional Items & Tax ₹9.96 Cr ₹60.54 Cr
Exceptional Items ₹0 ₹2 Cr
Profit Before Tax ₹9.96 Cr ₹62.54 Cr
Total Tax Expense ₹3.38 Cr ₹14.66 Cr
Net Profit ₹6.38 Cr ₹47.88 Cr
  attributable to Owners ₹6.73 Cr ₹48.08 Cr
  attributable to NCI -₹34.3 Lakh -₹20.9 Lakh
Other Comprehensive Income ₹74.5 Lakh ₹6 Lakh
Total Comprehensive Income ₹7.13 Cr ₹47.94 Cr
EBITDA (computed) ₹75.48 Cr ₹118.2 Cr
Basic EPS ₹0.22 ₹1.75
Diluted EPS ₹0.22 ₹1.63
Metrics FY 2026 FY 2025
Total Assets ₹1,291.34 Cr ₹1,239.05 Cr
Non-current Assets ₹761.24 Cr ₹738.3 Cr
Current Assets ₹530.1 Cr ₹500.75 Cr
Property, Plant & Equipment ₹726.32 Cr ₹704.01 Cr
Inventories ₹0 ₹241.2 Cr
Trade Receivables ₹195.44 Cr ₹186.97 Cr
Cash & Equivalents ₹45.4 Lakh ₹59.6 Lakh
Equity (Net Worth) ₹650.87 Cr ₹636.35 Cr
Equity Share Capital ₹29.34 Cr ₹28.68 Cr
Borrowings (Non-current) ₹97.05 Cr ₹138.77 Cr
Borrowings (Current) ₹162.83 Cr ₹128.35 Cr
Total Debt (computed) ₹259.89 Cr ₹267.12 Cr
Current Liabilities ₹461.52 Cr ₹381.98 Cr
Total Liabilities ₹640.47 Cr ₹602.7 Cr
Metrics FY 2026 FY 2025
Operating Cash Flow ₹88.74 Cr ₹108.14 Cr
Investing Cash Flow -₹62.31 Cr -₹97.09 Cr
Financing Cash Flow -₹26.58 Cr -₹10.85 Cr
Capital Expenditure ₹67.79 Cr ₹108.29 Cr
Free Cash Flow (computed) ₹20.95 Cr -₹14.9 Lakh
Dividends Paid ₹2.93 Cr ₹2.75 Cr
Net Change in Cash -₹14.2 Lakh ₹19.9 Lakh
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25
Revenue from Operations ₹230.9 Cr ₹216.54 Cr ₹235.65 Cr ₹179.16 Cr ₹230.73 Cr ₹211.69 Cr ₹230.43 Cr ₹225.09 Cr
Other Income ₹3.68 Cr ₹80.3 Lakh ₹63.3 Lakh ₹44.2 Lakh ₹4.78 Cr ₹3.24 Cr ₹1.08 Cr ₹3.38 Cr
Total Income ₹234.57 Cr ₹217.34 Cr ₹236.28 Cr ₹179.6 Cr ₹235.52 Cr ₹214.92 Cr ₹231.52 Cr ₹228.47 Cr
Cost of Materials Consumed ₹137.58 Cr ₹131.8 Cr ₹133.39 Cr ₹96.89 Cr ₹127.22 Cr ₹117.89 Cr ₹124.51 Cr ₹126.79 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹2.8 Lakh ₹10.7 Lakh -₹80,000 ₹6.4 Lakh ₹0 ₹39.4 Lakh
Changes in Inventories -₹17.58 Cr -₹16.4 Cr -₹3.65 Cr ₹7.73 Cr ₹2.39 Cr -₹7.91 Cr -₹5.55 Cr -₹4.34 Cr
Employee Benefit Expense ₹20.75 Cr ₹19.33 Cr ₹20.06 Cr ₹16.78 Cr ₹17.52 Cr ₹16.96 Cr ₹17.16 Cr ₹16.25 Cr
Finance Costs ₹7.65 Cr ₹8.09 Cr ₹7.04 Cr ₹8.44 Cr ₹7.22 Cr ₹7.54 Cr ₹7.76 Cr ₹5.12 Cr
Depreciation & Amortisation ₹8.71 Cr ₹8.68 Cr ₹8.56 Cr ₹8.37 Cr ₹7.54 Cr ₹7.56 Cr ₹7.55 Cr ₹7.36 Cr
Other Expenses ₹63.67 Cr ₹58.69 Cr ₹63.33 Cr ₹59.82 Cr ₹60.56 Cr ₹57.38 Cr ₹64.67 Cr ₹60.29 Cr
Total Expenses ₹220.77 Cr ₹210.18 Cr ₹228.75 Cr ₹198.13 Cr ₹222.43 Cr ₹199.47 Cr ₹216.11 Cr ₹211.87 Cr
Profit Before Exceptional Items & Tax ₹13.8 Cr ₹7.16 Cr ₹7.53 Cr -₹18.53 Cr ₹13.08 Cr ₹15.45 Cr ₹15.41 Cr ₹16.6 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹2 Cr ₹0 ₹0 ₹0
Profit Before Tax ₹13.8 Cr ₹7.16 Cr ₹7.53 Cr -₹18.53 Cr ₹15.08 Cr ₹15.45 Cr ₹15.41 Cr ₹16.6 Cr
Total Tax Expense ₹3.49 Cr ₹1.95 Cr ₹2.4 Cr -₹4.46 Cr ₹2.47 Cr ₹3.97 Cr ₹4.02 Cr ₹4.21 Cr
Net Profit ₹10.12 Cr ₹5.2 Cr ₹5.13 Cr -₹14.07 Cr ₹12.61 Cr ₹11.49 Cr ₹11.39 Cr ₹12.4 Cr
  attributable to Owners ₹10.12 Cr ₹5.3 Cr ₹5.18 Cr -₹13.98 Cr ₹12.74 Cr ₹11.5 Cr ₹11.49 Cr ₹12.35 Cr
  attributable to NCI ₹0 -₹10.09 Lakh -₹25.2 Lakh -₹9.1 Lakh -₹13.5 Lakh -₹1.2 Lakh -₹10.4 Lakh ₹4.1 Lakh
Other Comprehensive Income ₹70 Lakh ₹1.5 Lakh ₹1.5 Lakh ₹1.5 Lakh ₹10.9 Lakh -₹1.6 Lakh -₹1.7 Lakh -₹1.6 Lakh
Total Comprehensive Income ₹10.82 Cr ₹5.21 Cr ₹5.15 Cr -₹14.05 Cr ₹12.72 Cr ₹11.47 Cr ₹11.37 Cr ₹12.38 Cr
EBITDA (computed) ₹30.15 Cr ₹23.93 Cr ₹23.12 Cr -₹1.72 Cr ₹27.84 Cr ₹30.55 Cr ₹30.72 Cr ₹29.08 Cr
Basic EPS ₹0.34 ₹0.19 ₹0.19 ₹-0.49 ₹0.45 ₹0.42 ₹0.42 ₹4.64
Diluted EPS ₹0.34 ₹0.19 ₹0.19 ₹-0.49 ₹0.42 ₹0.38 ₹0.38 ₹4.08
Latest 8 quarters shown.
Segment · Q4 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
Laminates & allied products ₹54.95 Cr ₹2.97 Cr ₹434.3 Cr ₹100.01 Cr
Medium Density Fiber Board ₹173.11 Cr ₹17.32 Cr ₹824.12 Cr ₹268.73 Cr
Polyvinyl Chloride Board ₹10.17 Cr ₹96.8 Lakh ₹29.44 Cr ₹10.8 Cr
Plywood ₹0 ₹0 ₹3.48 Cr ₹0
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
Laminates & allied products ₹215.02 Cr ₹13.02 Cr - -
Medium Density Fiber Board ₹628.81 Cr ₹26.55 Cr - -
Polyvinyl Chloride Board ₹36.01 Cr ₹1.95 Cr - -
Plywood ₹5.51 Cr -₹55.3 Lakh - -
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹856.13 Cr ₹891.34 Cr ₹843.97 Cr ₹838.4 Cr ₹624.17 Cr ₹335.44 Cr ₹335.6 Cr
Other Income ₹5.6 Cr ₹12.48 Cr ₹2.87 Cr ₹1.38 Cr ₹1.41 Cr ₹4.32 Cr ₹3.54 Cr
Total Income ₹861.73 Cr ₹903.82 Cr ₹846.84 Cr ₹839.77 Cr ₹625.58 Cr ₹339.77 Cr ₹339.13 Cr
Cost of Materials Consumed ₹495.65 Cr ₹492.49 Cr ₹439.31 Cr ₹433.09 Cr ₹370.11 Cr ₹174.22 Cr ₹173.09 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹2.06 Cr ₹1.74 Cr ₹1.35 Cr
Changes in Inventories -₹29.27 Cr -₹14.48 Cr ₹3.41 Cr -₹17.61 Cr -₹45.32 Cr ₹5.66 Cr ₹25.59 Lakh
Employee Benefit Expense ₹75.53 Cr ₹67.15 Cr ₹58.22 Cr ₹47.14 Cr ₹40.74 Cr ₹26.82 Cr ₹29.32 Cr
Finance Costs ₹30.84 Cr ₹27.12 Cr ₹32.25 Cr ₹23.54 Cr ₹20.31 Cr ₹12.42 Cr ₹12.04 Cr
Depreciation & Amortisation ₹34.02 Cr ₹29.72 Cr ₹29.27 Cr ₹25.98 Cr ₹24.37 Cr ₹9.73 Cr ₹8.69 Cr
Other Expenses ₹243.39 Cr ₹240.85 Cr ₹223.11 Cr ₹226.38 Cr ₹182.65 Cr ₹92.02 Cr ₹94.66 Cr
Total Expenses ₹850.16 Cr ₹842.85 Cr ₹785.57 Cr ₹738.52 Cr ₹594.9 Cr ₹322.62 Cr ₹319.42 Cr
Profit Before Exceptional Items & Tax ₹11.57 Cr ₹60.97 Cr ₹61.27 Cr ₹101.25 Cr ₹30.68 Cr ₹17.14 Cr ₹19.72 Cr
Exceptional Items ₹0 ₹2 Cr ₹0 ₹0 ₹0 ₹1.52 Cr ₹0
Profit Before Tax ₹11.57 Cr ₹62.96 Cr ₹61.27 Cr ₹101.25 Cr ₹30.68 Cr ₹18.66 Cr ₹19.72 Cr
Total Tax Expense ₹3.38 Cr ₹14.66 Cr ₹18.16 Cr ₹23.57 Cr ₹7.87 Cr ₹4.95 Cr -₹3.33 Cr
Net Profit ₹8.19 Cr ₹48.3 Cr ₹43.11 Cr ₹77.67 Cr ₹22.8 Cr ₹13.72 Cr ₹23.05 Cr
Other Comprehensive Income ₹74.5 Lakh ₹6 Lakh -₹6.58 Lakh -₹23.45 Lakh -₹7.41 Lakh -₹23.77 Lakh ₹32.9 Lakh
Total Comprehensive Income ₹8.94 Cr ₹48.36 Cr ₹43.04 Cr ₹77.44 Cr ₹22.73 Cr ₹13.48 Cr ₹23.38 Cr
EBITDA (computed) ₹76.43 Cr ₹117.81 Cr ₹122.79 Cr ₹150.77 Cr ₹75.35 Cr ₹39.29 Cr ₹40.45 Cr
Basic EPS ₹0.28 ₹1.77 ₹16.80 ₹39.02 ₹11.45 ₹8.11 ₹15.44
Diluted EPS ₹0.28 ₹1.65 ₹16.10 ₹39.02 ₹11.45 ₹8.11 ₹15.44
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹1,292.34 Cr ₹1,230.02 Cr ₹1,099.42 Cr ₹997.62 Cr
Non-current Assets ₹762.37 Cr ₹733.67 Cr ₹668.25 Cr ₹659.9 Cr
Current Assets ₹529.97 Cr ₹496.36 Cr ₹431.17 Cr ₹337.72 Cr
Property, Plant & Equipment ₹726.32 Cr ₹696.49 Cr ₹623.83 Cr ₹634.72 Cr
Inventories ₹262 Cr ₹239.57 Cr ₹225.06 Cr ₹186.74 Cr
Trade Receivables ₹195.4 Cr ₹184.83 Cr ₹164.07 Cr ₹118.74 Cr
Cash & Equivalents ₹36.9 Lakh ₹43.3 Lakh ₹49.18 Lakh ₹50.72 Lakh
Equity (Net Worth) ₹652 Cr ₹632.78 Cr ₹542.78 Cr ₹363.38 Cr
Equity Share Capital ₹29.34 Cr ₹28.68 Cr ₹26.54 Cr ₹19.91 Cr
Borrowings (Non-current) ₹97.05 Cr ₹138.77 Cr ₹161.82 Cr ₹268.56 Cr
Borrowings (Current) ₹162.83 Cr ₹128.35 Cr ₹133.96 Cr ₹137.11 Cr
Total Debt (computed) ₹259.89 Cr ₹267.12 Cr ₹295.78 Cr ₹405.67 Cr
Current Liabilities ₹461.39 Cr ₹380.72 Cr ₹323.73 Cr ₹299.51 Cr
Total Liabilities ₹640.34 Cr ₹597.24 Cr ₹556.64 Cr ₹634.24 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹88.69 Cr ₹108.48 Cr ₹40.92 Cr ₹114.88 Cr -₹6.68 Cr
Investing Cash Flow -₹62.44 Cr -₹96.53 Cr -₹35.32 Cr -₹76.09 Cr -₹14.91 Cr
Financing Cash Flow -₹26.31 Cr -₹11.92 Cr -₹5.61 Cr -₹38.8 Cr ₹20.56 Cr
Capital Expenditure ₹67.79 Cr ₹103.66 Cr ₹24.47 Cr ₹73.11 Cr ₹30.42 Cr
Free Cash Flow (computed) ₹20.9 Cr ₹4.82 Cr ₹16.45 Cr ₹41.77 Cr -₹37.1 Cr
Dividends Paid ₹2.93 Cr ₹2.75 Cr ₹1.33 Cr ₹99.53 Lakh ₹99.51 Lakh
Net Change in Cash -₹6.4 Lakh ₹3.6 Lakh -₹1.54 Lakh -₹78,000 -₹1.04 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹230.38 Cr ₹215.23 Cr ₹233.24 Cr ₹177.29 Cr ₹228.81 Cr ₹210.39 Cr ₹228.63 Cr ₹223.5 Cr ₹233.43 Cr ₹213.12 Cr ₹204.61 Cr ₹192.82 Cr
Other Income ₹3.7 Cr ₹81.7 Lakh ₹64.4 Lakh ₹43.9 Lakh ₹4.78 Cr ₹3.24 Cr ₹1.08 Cr ₹3.38 Cr ₹1.9 Cr ₹35.58 Lakh ₹53.02 Lakh ₹2.27 Cr
Total Income ₹234.08 Cr ₹216.04 Cr ₹233.88 Cr ₹177.73 Cr ₹233.6 Cr ₹213.63 Cr ₹229.72 Cr ₹226.88 Cr ₹235.32 Cr ₹213.48 Cr ₹205.14 Cr ₹195.09 Cr
Cost of Materials Consumed ₹137.29 Cr ₹130.76 Cr ₹131.66 Cr ₹95.94 Cr ₹126.53 Cr ₹116.81 Cr ₹123.25 Cr ₹125.9 Cr ₹127.5 Cr ₹97.33 Cr ₹109.72 Cr ₹104.75 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories -₹17.58 Cr -₹16.01 Cr -₹3.4 Cr ₹7.72 Cr ₹1.8 Cr -₹7.22 Cr -₹5.19 Cr -₹3.87 Cr -₹33.61 Lakh ₹13.1 Cr -₹3.1 Cr -₹6.25 Cr
Employee Benefit Expense ₹20.75 Cr ₹18.92 Cr ₹19.52 Cr ₹16.34 Cr ₹17.31 Cr ₹16.75 Cr ₹17.02 Cr ₹16.08 Cr ₹16.35 Cr ₹15.02 Cr ₹14.07 Cr ₹12.78 Cr
Finance Costs ₹7.65 Cr ₹7.99 Cr ₹6.9 Cr ₹8.3 Cr ₹7.09 Cr ₹7.41 Cr ₹7.5 Cr ₹5.12 Cr ₹7.97 Cr ₹8.41 Cr ₹8.34 Cr ₹7.52 Cr
Depreciation & Amortisation ₹8.71 Cr ₹8.6 Cr ₹8.44 Cr ₹8.27 Cr ₹7.44 Cr ₹7.49 Cr ₹7.45 Cr ₹7.34 Cr ₹7.29 Cr ₹7.39 Cr ₹7.36 Cr ₹7.24 Cr
Other Expenses ₹63.55 Cr ₹58.15 Cr ₹62.4 Cr ₹59.29 Cr ₹60.07 Cr ₹56.88 Cr ₹64.08 Cr ₹59.81 Cr ₹60.67 Cr ₹57.01 Cr ₹54.98 Cr ₹52.63 Cr
Total Expenses ₹220.36 Cr ₹208.42 Cr ₹225.52 Cr ₹195.86 Cr ₹220.22 Cr ₹198.13 Cr ₹214.11 Cr ₹210.39 Cr ₹219.45 Cr ₹198.26 Cr ₹191.37 Cr ₹178.67 Cr
Profit Before Exceptional Items & Tax ₹13.72 Cr ₹7.62 Cr ₹8.37 Cr -₹18.14 Cr ₹13.37 Cr ₹15.5 Cr ₹15.61 Cr ₹16.49 Cr ₹15.87 Cr ₹15.21 Cr ₹13.76 Cr ₹16.42 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹2 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹13.72 Cr ₹7.62 Cr ₹8.37 Cr -₹18.14 Cr ₹15.37 Cr ₹15.5 Cr ₹15.61 Cr ₹16.49 Cr ₹15.87 Cr ₹15.21 Cr ₹13.76 Cr ₹16.42 Cr
Total Tax Expense ₹3.49 Cr ₹1.95 Cr ₹2.39 Cr -₹4.46 Cr ₹2.49 Cr ₹3.99 Cr ₹4 Cr ₹4.18 Cr ₹6.87 Cr ₹3.85 Cr ₹3.21 Cr ₹4.22 Cr
Net Profit ₹10.23 Cr ₹5.67 Cr ₹5.97 Cr -₹13.68 Cr ₹12.88 Cr ₹11.51 Cr ₹11.6 Cr ₹12.31 Cr ₹9 Cr ₹11.36 Cr ₹10.55 Cr ₹12.2 Cr
Other Comprehensive Income ₹70 Lakh ₹1.5 Lakh ₹1.5 Lakh ₹1.5 Lakh ₹10.9 Lakh -₹3.3 Lakh -₹1.7 Lakh -₹1.6 Lakh -₹6.58 Lakh ₹0 ₹0 ₹0
Total Comprehensive Income ₹10.93 Cr ₹5.69 Cr ₹5.99 Cr -₹13.67 Cr ₹12.99 Cr ₹11.48 Cr ₹11.58 Cr ₹12.3 Cr ₹8.94 Cr ₹11.36 Cr ₹10.55 Cr ₹12.2 Cr
EBITDA (computed) ₹30.07 Cr ₹24.21 Cr ₹23.71 Cr -₹1.56 Cr ₹27.9 Cr ₹30.4 Cr ₹30.56 Cr ₹28.95 Cr ₹31.14 Cr ₹31.01 Cr ₹29.46 Cr ₹31.18 Cr
Basic EPS ₹0.35 ₹0.20 ₹0.21 ₹-0.48 ₹0.46 ₹0.42 ₹0.43 ₹4.61 ₹3.36 ₹4.26 ₹3.88 ₹5.31
Diluted EPS ₹0.35 ₹0.20 ₹0.21 ₹-0.48 ₹0.43 ₹0.38 ₹0.39 ₹4.06 ₹2.72 ₹4.19 ₹3.88 ₹5.31
Latest 12 quarters shown of 25 on record.
Segment · Q4 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
Laminates & allied products ₹54.44 Cr ₹3.08 Cr ₹438.78 Cr ₹99.88 Cr
Medium Density Fiber Board ₹173.11 Cr ₹17.32 Cr ₹824.12 Cr ₹268.73 Cr
Polyvinyl Chloride Board ₹10.17 Cr ₹96.8 Lakh ₹29.44 Cr ₹10.8 Cr
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
Laminates & allied products ₹214.42 Cr ₹13.91 Cr - -
Medium Density Fiber Board ₹628.81 Cr ₹26.55 Cr - -
Polyvinyl Chloride Board ₹36.01 Cr ₹1.95 Cr - -
Want more history and ratios?
You're viewing the latest exchange-filed financials for Rushil Decor Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
10+ years of history 20+ ratios & benchmarks Downloadable PDF

Shareholding Pattern of Rushil Decor Limited

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 55.10%, foreign institutional investors hold 1.29%, domestic institutional investors hold 0.06%, retail and other public shareholders hold 43.54% of Rushil Decor Limited. The company had 50,743 shareholders on record.

Promoters: 55.10%DII (Domestic Institutional): 0.06%FII (Foreign Institutional): 1.29%Retail & Others: 43.54%
Mar 2026
QUARTER
55.10% Promoters
0.06% DII (Domestic Institutional)
1.29% FII (Foreign Institutional)
43.54% Retail & Others
Promoter holding - history
Now 55.10% · Mar 2026High 59.86% · Dec 2020Low 52.85% · Sep 2018
51%53.5%56%58.5%61%Dec 2015Jun 2018Oct 2020Mar 2023Jun 2025Dec 2015: 55.91%Mar 2016: 55.91%Jun 2016: 55.05%Sep 2016: 54.80%Dec 2016: 54.80%Mar 2017: 54.80%Jun 2017: 54.40%Sep 2017: 54.40%Dec 2017: 54.01%Mar 2018: 53.62%Jun 2018: 52.94%Sep 2018: 52.85%Dec 2018: 52.85%Mar 2019: 52.85%Jun 2019: 52.85%Sep 2019: 52.91%Dec 2019: 53.24%Mar 2020: 53.24%Jun 2020: 53.24%Sep 2020: 53.24%Oct 2020: 57.53%Dec 2020: 59.86%Mar 2021: 58.54%Jun 2021: 55.02%Sep 2021: 55.02%Dec 2021: 55.02%Mar 2022: 55.02%Jun 2022: 55.03%Sep 2022: 55.03%Dec 2022: 55.03%Mar 2023: 55.03%May 2023: 56.40%Jun 2023: 56.39%Sep 2023: 56.39%Dec 2023: 56.39%Mar 2024: 56.39%Jun 2024: 55.34%Sep 2024: 54.81%Dec 2024: 54.63%Mar 2025: 56.37%Jun 2025: 55.10%Sep 2025: 55.10%Dec 2025: 55.10%Mar 2026: 55.10%59.86%52.85%55.10%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters55.10%55.10%55.10%55.10%56.37%54.63%
Public44.90%44.90%44.90%44.90%43.63%45.37%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Promoters55.10%56.37%56.39%55.03%55.02%58.54%53.24%52.85%53.62%54.80%55.91%
Public44.90%43.63%43.61%44.97%44.98%41.46%46.76%47.15%46.38%45.20%44.09%
Promoter change (YoY, %pts)-1.27-0.02+1.36+0.01-3.52+5.30+0.39-0.77-1.18-1.11-

Board & Governance of Rushil Decor Limited

As per the corporate governance filing with NSE for the quarter ended 30-JUN-2026, the board of Rushil Decor Limited has 6 directors - 3 independent and 3 executive. The board is chaired by KRUPESH GHANSHYAMBHAI THAKKAR.

DirectorPositionOn board sinceListed boards
KRUPESH GHANSHYAMBHAI THAKKAR Executive Director · Chairperson 1993-05-24 1
RUSHIL KRUPESH THAKKAR Executive Director · MD 2021-08-13 1
RAMANIKBHAI TEJABHAI KANSAGARA Executive Director 2019-02-02 1
HIREN MAHADEVIA Non-Executive - Independent Director 2024-08-09 2
KANTILAL AMBALAL PUJ Non-Executive - Independent Director 2021-08-13 1
SHREYABEN MILANKUMAR SHAH Non-Executive - Independent Director 2022-11-08 4
Board Committees
CommitteeMembers
Audit Committee KANTILAL AMBALAL PUJ (Chairperson), HIREN MAHADEVIA, RAMANIKBHAI TEJABHAI KANSAGARA, SHREYABEN MILANKUMAR SHAH
Nomination and remuneration committee KANTILAL AMBALAL PUJ (Chairperson), SHREYABEN MILANKUMAR SHAH, KRUPESH GHANSHYAMBHAI THAKKAR, HIREN MAHADEVIA
Stakeholders Relationship Committee KANTILAL AMBALAL PUJ (Chairperson), KRUPESH GHANSHYAMBHAI THAKKAR, RUSHIL KRUPESH THAKKAR, RAMANIKBHAI TEJABHAI KANSAGARA
Corporate Social Responsibility Committee KRUPESH GHANSHYAMBHAI THAKKAR (Chairperson), RUSHIL KRUPESH THAKKAR, SHREYABEN MILANKUMAR SHAH

Group Structure of Rushil Decor Limited

Rushil Decor Limited has 1 subsidiary company. This group structure data is as of FY 2024. The corporate group structure reflects Rushil Decor Limited's business expansion strategy and organizational complexity.

1
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Rushil Modala Ply Limited U16210KA2024PLC186443 -

Showing major subsidiaries. Total: 1.

Charges & Borrowings of Rushil Decor Limited

Open charges
₹694.57 Cr
Satisfied charges
₹127.99 Cr
Breakdown by lending institutions
Others₹694.57 Cr
Latest charge details
DateLenderAmountStatus
17 Jan 2026 Others ₹1.24 Cr Open
28 Nov 2025 Others ₹1.8 Cr Open
25 Sep 2025 Others ₹1.33 Cr Open
06 Sep 2025 Others ₹62.76 Lakh Open
25 Jul 2025 Others ₹1.62 Cr Open

Total charge records: 58 View all charges

Employees and EPFO Compliance at Rushil Decor Limited

Rushil Decor Limited has a workforce of 853 employees as of Nov 30, 2024.

Employee count
853
Active EPFO establishments
1
Employee growth
15.43%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Rushil Decor Limited

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Monthly employee headcount & PF contributions
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GST Compliance of Rushil Decor Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Rushil Decor Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
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Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Rushil Decor Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Rushil Decor Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
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Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
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MSME Payment Delays by Rushil Decor Limited

MSME Payment Delays by Rushil Decor Limited

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Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Rushil Decor Limited

Subsidiaries & Group Companies of Rushil Decor Limited

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Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Rushil Decor Limited

MCA Filings & Documents of Rushil Decor Limited

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Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Rushil Decor Limited

Charges
17 Jan 2026
A charge with Others amounted to Rs. 1.24 Cr with Charge ID 101220949 was registered on 17 Jan 2026.
Charges
09 Dec 2025
A charge registered on 09 Jul 2021 via Charge ID 100473241 with Others was fully satisfied on 09 Dec 2025.
Charges
09 Dec 2025
A charge registered on 09 Apr 2021 via Charge ID 100441348 with Others was fully satisfied on 09 Dec 2025.
Charges
09 Dec 2025
A charge registered on 07 Jan 2021 via Charge ID 100408268 with Others was fully satisfied on 09 Dec 2025.
Charges
09 Dec 2025
A charge registered on 12 Dec 2020 via Charge ID 100401578 with Others was fully satisfied on 09 Dec 2025.
Charges
09 Dec 2025
A charge registered on 20 Mar 2020 via Charge ID 100360510 with Others was fully satisfied on 09 Dec 2025.

Recent News on Rushil Decor Limited

Frequently Asked Questions about Rushil Decor Limited

Rushil Decor Limited is an active public limited company in the manufacturing sector based in Mansa, Gujarat, India. It was incorporated on 24 May 1993 (33+ years old) and is registered under CIN L25209GJ1993PLC019532. Listed on BSE: 533470 and NSE: USHIL. The company has 853 employees.

Rushil Decor Limited reported revenue of ₹903.82 Cr for FY 2025 (up 7.00% YoY).

The current directors of Rushil Decor Limited are:

The primary industry of Rushil Decor Limited is manufacturing. The company specifically operates in wood products and mdf. The company is currently active in this sector.

Yes. Rushil Decor Limited is listed on both BSE (code: 533470) and NSE (symbol: USHIL).

Rushil Decor Limited can be reached at the registered office: S No 149 Near Kalyanpura Patia, Village Itla Gandhinagar Mansa Road, Gujarat, India – 382845, or through the website rushil.com.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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