Quarterly Financial Results

The Board approved the Unaudited Standalone and Consolidated Financial Results for the First Quarter ended June 30, 2026, along with the Limited Review Report from the statutory auditor.

Standalone Financial Results (₹ in Million, except EPS):

  • Revenue from Operations: ₹2,288.69 (Q1 FY27) vs ₹1,772.87 (Q1 FY26) and ₹2,303.81 (Q4 FY26)
  • Total Income: ₹2,298.20 (Q1 FY27) vs ₹1,777.26 (Q1 FY26) and ₹2,340.77 (Q4 FY26)
  • Net Profit/(Loss): ₹20.29 (Q1 FY27) vs (₹136.83) (Q1 FY26) and ₹102.29 (Q4 FY26)
  • Basic EPS: ₹0.07 (Q1 FY27) vs (₹0.48) (Q1 FY26) and ₹0.35 (Q4 FY26)
  • Paid-up Equity Share Capital: ₹293.42 million (face value ₹1 each)

Consolidated Financial Results (₹ in Million, except EPS):

  • Includes subsidiary Rushil Decor PTE Limited and associate Rushil Modala Ply Limited (subsidiary until November 21, 2025)
  • Revenue from Operations: ₹2,290.03 (Q1 FY27) vs ₹1,791.57 (Q1 FY26) and ₹2,308.96 (Q4 FY26)
  • Net Profit/(Loss) Attributable to Owners: ₹19.83 (Q1 FY27) vs (₹139.78) (Q1 FY26) and ₹101.20 (Q4 FY26)
  • Basic EPS: ₹0.07 (Q1 FY27) vs (₹0.49) (Q1 FY26) and ₹0.34 (Q4 FY26)

Segment Reporting (Standalone)

  • Laminates & Allied Products: Revenue ₹741.69 million, Segment Profit ₹36.80 million
  • Medium Density Fiber Board: Revenue ₹1,506.03 million, Segment Profit ₹59.77 million
  • Polyvinyl Chloride Board: Revenue ₹97.45 million, Segment Profit ₹6.19 million

Re-appointment of Managing Director

The Board re-appointed Mr. Rushil K. Thakkar (DIN: 06432117) as Managing Director for a further term of three consecutive years commencing from August 13, 2026, subject to shareholder approval at the ensuing 32nd Annual General Meeting. Mr. Thakkar is 33 years old, part of the promoter group, and has been with the company for approximately 13 years. He is the son of Mr. Krupesh Thakkar, Whole Time Director and Chairman of the company.

Appointment of Statutory Auditors

The Board appointed M/s. Parikh & Majmudar, Chartered Accountants, Ahmedabad (FRN: 107525W) as statutory auditors for their first term of five consecutive years, commencing from the conclusion of the 32nd AGM until the conclusion of the 37th AGM in 2031, subject to shareholder approval. This appointment follows the decision of the current auditors, M/s. Pankaj R Shah & Associates, not to seek re-appointment for a second consecutive term.

Additional Information

  • The board meeting commenced at 11:15 AM and concluded at 12:55 PM on August 08, 2026
  • The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS)
  • Previous period figures have been re-arranged/re-grouped where necessary for consistency
  • The information will be made available on the company's website at https://www.rushil.com/