Q1 2025 Rushil Decor Ltd Earnings Call Transcript
Key Points
- Rushil Decor Ltd (BOM:533470) recorded a 25% year-over-year increase in MDF volume, with export volume rising by 26.1% year-over-year and 13.7% quarter-over-quarter.
- The company achieved a 25.7% year-over-year increase in laminate volume, with export volume growing by 35.8% year-over-year and 4.5% quarter-over-quarter.
- Rushil Decor Ltd (BOM:533470) secured board approval for INR122.66 crores in preferential funding, with 75% allocated to developing a new facility for jumbo-sized laminate sheets.
- The new laminate facility is expected to commence operations by Q3 FY25, adding approximately 2.8 million sheets annually and enhancing production capacity.
- The company reported a 15.9% year-on-year increase in revenue from operations, reaching INR23.5 crores for Q1 FY25.
- There was a minor 1.2% decline in MDF volume quarter-over-quarter.
- Domestic laminate volume experienced a 13.8% decline quarter-over-quarter.
- The laminate segment saw a 9.8% year-over-year decrease in realization, with domestic pricing being more affected than exports.
- Revenue from the Indian MDF market declined by 9% quarter-over-quarter.
- The company faced challenges related to container availability and rising freight rates, impacting export logistics.
Ladies and gentlemen, good day and welcome to Rushil Decor Limited Q1 FY25 earnings conference call hosted by Asian Market Securities Limited.
This conference call may contain forward-looking statements about the company which are based on beliefs, opinions, and expectations of the company as on date of this call. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict. Actual result may differ from such expectation, projection, et cetera.
Whether expressed or implied, participants are requested to exercise caution while referring to such statement and remarks. (Operator Instructions) Please note that this conference is being recorded. I now hand the conference over to Mr. Karan Bhatelia from Asian Market Securities Limited.
Thank you and over to you sir.
Thank you, Steve. A very warm afternoon and welcome all to the Rushil Decor's Q1 FY25 earnings conference call hosted by Asian Market Securities. From
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