Rushil Decor Ltd (BOM:533470)
₹ 35.23 -1.69 (-4.58%) Market Cap: 9.73 Bil Enterprise Value: 12.34 Bil PE Ratio: 23.82 PB Ratio: 1.64 GF Score: 81/100

Q2 2025 Rushil Decor Ltd Earnings Call Transcript

Oct 28, 2024 / 10:00AM GMT
Release Date Price: ₹32.12 (+2.69%)

Key Points

Positve
  • Rushil Decor Ltd (BOM:533470) reported a 19.2% year-over-year increase in MDF segment volume, highlighting strong growth.
  • The company achieved a 27.6% year-over-year increase in export volume for MDF, indicating robust international demand.
  • Blended realization for laminates increased by 20.8% year-over-year in the domestic market, showcasing improved pricing power.
  • The company is expanding its production capacity with the Jumbo Laminate project, expected to contribute an additional 2.8 million sheets annually.
  • Rushil Decor Ltd (BOM:533470) has implemented currency hedging strategies to mitigate forex exposure, supporting stable margins.
Negative
  • There was a 2.8% quarter-over-quarter decline in MDF segment volume, indicating some short-term challenges.
  • The laminate segment saw a 2.9% year-over-year decline in total volume, reflecting a challenging market environment.
  • The Jumbo Laminate project faced delays due to machinery supply issues and unexpected rainfall, impacting timelines.
  • Timber prices have increased, which could pressure margins if not offset by price hikes.
  • The company anticipates a planned maintenance shutdown for its CMDO unit, which may temporarily affect production.
Operator

Ladies and gentlemen, good day and welcome to Rushil Decor Limited Q2 FY 25 Investors conference call hosted by Asian Market Securities Limited. This conference call may contain forward-looking statements about the company which are based on the beliefs, opinions and expectations of the company. As on date of this call, these statements are not the guarantees of future performance and involve risk and uncertainties that are difficult to predict actual results may differ from such expectations, projections, etc , whether expressed or implied participants are requested to exercise caution while referring to such statements and the marks as a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call? Please signal an operator by pressing star then zero on your touchtone phone. Please note that this conference is being recorded.

I now hand the conference over to Mr Karan Maia from Asian Market Securities. Thank you and over to you, sir.

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