Rushil Decor Ltd. (RUSHIL) AI Stock Analysis

• Market Cap: ₹6.39B
• Dividend Yield: 0.42%
• Average Volume (3M): 58.29K
• Price to Earnings (P/E): 27.6
• Beta (1Y): 0.78
• Revenue Growth: -2.77%
• EPS Growth: -50.35%
• Country: IN
• Employees: 833
• Sector: Consumer Defensive
• Sector Strength: 67
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): -0.48
• Shares Outstanding: 286,816,830
• 10 Day Avg. Volume: 63,118
• 30 Day Avg. Volume: 58,291
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹25.00
• Price Target Upside: 12.56% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 55 Neutral
• Price Target: ₹25.00 ▲(12.56% Upside)

Rushil Decor Ltd.'s overall stock score reflects strong financial performance, particularly in revenue growth and operational efficiency. However, bearish technical indicators and challenges in cash flow management weigh down the score. The valuation suggests potential undervaluation, but the low dividend yield limits attractiveness for income-focused investors.

Rushil Decor Ltd. Business Overview & Revenue Model

Company Description

Rushil Decor Ltd. (RUSHIL) is a prominent Indian company involved in the manufacture and distribution of decorative laminate sheets and medium-density fiberboards (MDF). Established with a focus on quality and innovation, the company operates within the interior decor sector, providing products that enhance aesthetic appeal and functionality in residential, commercial, and institutional spaces. Rushil Decor Ltd. is recognized for its diverse product range that caters to different customer preferences and market demands.

How the Company Makes Money

Rushil Decor Ltd. generates revenue primarily through the sale of its core products, which include decorative laminate sheets and medium-density fiberboards (MDF). The company sells its products to a broad range of customers, including wholesalers, retailers, interior designers, and contractors, serving various segments within the interior decor and construction industries. Additional revenue streams may include exports to international markets, leveraging partnerships with distributors and agents to expand their global footprint. Factors contributing to the company's earnings include its production capacity, product innovation, and ability to meet diverse customer needs efficiently. Strategic alliances and a strong distribution network further bolster their revenue generation capabilities.

Rushil Decor Ltd. Financial Statement Overview

Summary

Rushil Decor Ltd. shows solid revenue growth and operational efficiency with a strong EBIT margin. However, profitability and cash flow management present challenges, particularly with free cash flow being negative.

Income Statement

Rushil Decor Ltd. has shown a solid revenue growth trajectory with a 6.4% increase in revenue from 2024 to 2025. The gross profit margin is strong at 46.4%, indicating efficient cost management. However, net profit margin is relatively low at 5.4%, suggesting room for improvement in profitability. The EBIT margin is robust at 38.8%, reflecting strong operational efficiency.

Balance Sheet

The company's debt-to-equity ratio is 0.43, indicating moderate leverage, which is manageable but should be monitored for any significant increases. The return on equity stands at 7.6%, showcasing a moderate return on shareholder investments. The equity ratio is 51.0%, suggesting a balanced capital structure with a healthy proportion of equity financing.

Cash Flow

Operating cash flow has improved significantly, but free cash flow growth is negative, indicating challenges in maintaining positive free cash flow after capital expenditures. The operating cash flow to net income ratio is 2.25, showing strong cash conversion, but the free cash flow to net income ratio is negative, highlighting issues in capital expenditure management.

Breakdown	Mar 2025	Mar 2024	Mar 2022	Mar 2023	Mar 2021
Income Statement
Total Revenue	8.98B	8.44B	6.17B	8.38B	3.27B
Gross Profit	4.16B	3.14B	2.16B	4.23B	1.13B
EBITDA	1.06B	1.20B	743.16M	1.63B	408.16M
Net Income	480.84M	431.09M	228.05M	776.71M	137.18M
Balance Sheet
Total Assets	12.39B	10.99B	8.87B	9.98B	8.08B
Cash, Cash Equivalents and Short-Term Investments	52.73M	4.92M	4.93M	54.11M	15.42M
Total Debt	2.72B	2.96B	4.20B	4.06B	3.79B
Total Liabilities	6.03B	5.57B	6.00B	6.34B	5.44B
Stockholders Equity	6.33B	5.43B	2.87B	3.63B	2.64B
Cash Flow
Free Cash Flow	-1.48M	164.50M	-371.01M	417.75M	143.50M
Operating Cash Flow	1.08B	409.18M	-66.85M	1.15B	770.89M
Investing Cash Flow	-970.87M	-353.19M	-149.14M	-760.92M	-385.83M
Financing Cash Flow	-108.54M	266.34M	205.55M	-387.99M	-376.01M

Rushil Decor Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 22.21
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RUSHIL, the sentiment is Negative. The current price of 22.21 is below the 20-day moving average (MA) of 24.94, below the 50-day MA of 27.42, and below the 200-day MA of 28.23, indicating a bearish trend. The MACD of -1.35 indicates Positive momentum. The RSI at 22.54 is Positive, neither overbought nor oversold. The STOCH value of 8.81 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:RUSHIL.

Rushil Decor Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RPPL	64 Neutral	₹1.76B	25.52		0.16%	20.17%	51.93%
Sector *	63 Neutral	$21.01B	14.53	-7.26%	3.13%	3.36%	-7.91%
SARVESHWAR	61 Neutral	₹7.77B	25.04		―	30.66%	-14.85%
AIROLAM	60 Neutral	₹1.61B	84.34		―	2.96%	-74.32%
RUSHIL	55 Neutral	₹6.39B	27.55		0.42%	-2.77%	-50.35%
KOKUYOCMLN	52 Neutral	₹11.16B	194.41		0.44%	-6.05%	-100.84%
NAHARSPING	47 Neutral	₹7.25B	35.44		0.50%	5.16%	―

Rushil Decor Ltd. Corporate Events

Rushil Decor Faces Fine for Regulatory Non-compliance

Rushil Decor Limited has been fined by the National Stock Exchange of India Limited due to a two-day delay in the allotment of equity shares upon the conversion of warrants, as per Regulation 162 of the SEBI (ICDR) Regulations, 2018. The fine amounts to ₹40,000 plus 18% GST. The company is currently reviewing the situation and considering seeking a waiver for the fine, following the guidelines provided by the Exchange.

Rushil Decor Ltd. Re-appoints Independent Director for Second Term

Rushil Decor Limited announced the re-appointment of Mr. Hiren S. Mahadevia as an Independent Director for a second term of five years, effective from August 09, 2025, pending shareholder approval. This decision, made during the Board meeting on August 02, 2025, reflects the company’s confidence in Mr. Mahadevia’s extensive experience in finance and legal management, which is expected to positively impact the company’s governance and strategic direction.

Rushil Decor Reappoints Independent Director for Second Term

Rushil Decor Limited has announced the reappointment of Mr. Hiren S. Mahadevia as a Non-Executive Independent Director for a second term of five years, starting from August 9, 2025. This decision, approved by the Board of Directors and pending shareholder approval, underscores the company’s commitment to maintaining experienced leadership. Mr. Mahadevia brings over 35 years of expertise in finance and legal management, which is expected to continue benefiting the company’s governance and strategic direction.

Rushil Decor Clarifies Financial Results for FY 2024-25

Rushil Decor Ltd. provided clarification regarding its financial results for the fiscal year 2024-25, explaining that the subsidiary company was incorporated in FY 2023-24 but did not contribute to consolidated financial parameters until FY 2024-25. The company emphasized that its financial submissions for FY 2024-25 were accurate and aligned with the standalone results of the previous year, ensuring transparency and compliance with regulatory requirements.