Press Release in respect of Audited Standalone and Consolidated Financial Results for the Quarter and Year ended March 31, 2026
RUSHIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Rushil Decor reported FY26 revenue of Rs. 8,622 million, down 4.0% YoY. EBITDA fell 22.6% to Rs. 801 million with margin compressing to 9.3% from 11.5%. PAT collapsed 86.7% to just Rs. 64 million vs Rs. 479 million prior year. Management attributed the weak performance to a fire incident at the Andhra Pradesh MDF plant, elevated resin prices, volatile raw material costs, and global geopolitical disruptions affecting exports. Laminates revenue grew 6.1% YoY to Rs. 2,111 million, while MDF revenue declined 8.2% to Rs. 6,091 million. Q4 showed a sequential recovery with EBITDA up 20.2% QoQ. The company implemented price hikes of ~15% for MDF and ~10% for Laminates from April 1, 2026, to combat input cost inflation.
FY26 was a deeply disappointing year with PAT down 86.7%, driven by multiple headwinds. The stock may face near-term pressure despite Q4 sequential recovery, as the full-year profit collapse is severe and the external environment remains uncertain.