Rushil Decor Ltd (NSE: RUSHIL)– Weakness was recorded in the stock market in the early trading on Wednesday and BSE Sensex was down by 147 points and was working at the level of 71909 points.
At that time Nifty was functioning at the level of 21776 points with a weakness of 21 points.
During the period of weak functioning of the stock market, a weakness of 1.49 percent was recorded in the shares of Rushil Decor Limited, with a market cap of Rs 772 crore and they were functioning at the level of Rs 291 after falling by Rs 4.40.
Rushil Decor Limited is an interior company whose shares have a 52-week high of Rs 407 and a 52-week low of Rs 204.
Rushil Decor Limited has informed the stock market that it has approved the formation of a new associate company.
On February 22, Rushil Decor Limited informed the stock market that it had planned to establish a subsidiary company named Rushil Modala Ply Limited, which was registered on March 19.
The authorized capital of Rushil Modala Ply Limited is ₹1,00,000 divided into 10,000 shares of ₹10 nominal value.
The capital of the business is Rs.1,00,000. which is divided into 10000 shares.
Rushil Modala Ply Limited is a subsidiary company of Rushil Decor Limited which is engaged in manufacturing and selling plywood and related products.
Rushil Decor Limited had told the stock market that the company recently launched AI-generated TV ads to promote Veer MDF.
Rushil Decor Limited company hopes that the new campaign will aid in increasing its revenue.
About Rushil Decor Ltd
Rushil Decor Limited produces laminated sheets of medium-density fiber (MDF) board & polyvinyl chloride (PVC) foam board.
It produces decorative (single double-sided) and industrial (double side) laminates that come in a variety of colors, designs and finishes at the three manufacturing facilities situated in Gujarat
which have an aggregate production capacity in the range of 34.92 lakh sheets annually.
It also produces standard thickness MDF boards as well as pre-lam MDF boards that range in thickness between 7 and 30 millimeters (mm) at its facility situated in Chikmagalur, Karnataka.
Fundamental Analysis of Rushil Decor Ltd
| Market Cap | ₹ 771 Cr. |
| Current Price | ₹ 288.70 |
| 52-wk High | ₹ 407 |
| 52-wk Low | ₹203 |
| Stock P/E | 16.2 |
| Book Value | ₹ 185 |
| Dividend | 0.17 % |
| ROCE | 16.9 % |
| ROE | 23.9 % |
| Face Value | ₹ 10.0 |
| P/B Value | 1.57 |
| OPM | 14.2 % |
| EPS | ₹ 18.0 |
| Debt | ₹ 308 Cr. |
| Debt to Equity | 0.63 |
Rushil Decor Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹370 | ₹442 |
| 2025 | ₹445 | ₹498 |
| 2026 | ₹505 | ₹534 |
| 2027 | ₹597 | ₹643 |
| 2028 | ₹687 | ₹740 |
| 2029 | ₹742 | ₹776 |
| 2030 | ₹780 | ₹808 |
Rushil Decor Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 55.03% |
| Mar 2023 | 55.03% |
| June 2023 | 56.39% |
| Sept 2023 | 56.39% |
| Dec 2023 | 56.39% |
| FII Holding | |
| Dec 2022 | 1.22% |
| Mar 2023 | 1.45% |
| June 2023 | 0.92% |
| Sept 2023 | 0.95% |
| Dec 2023 | 1.17% |
| DII Holding | |
| Dec 2022 | 0.28% |
| Mar 2023 | 0.00% |
| June 2023 | 0.00% |
| Sept 2023 | 0.00% |
| Dec 2023 | 0.01% |
| Public Holding | |
| Dec 2022 | 43.48% |
| Mar 2023 | 43.51% |
| June 2023 | 42.69% |
| Sept 2023 | 42.65% |
| Dec 2023 | 42.41% |
Rushil Decor Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹344 Cr |
| 2020 | ₹336 Cr |
| 2021 | ₹335 Cr |
| 2022 | ₹624 Cr |
| 2023 | ₹824 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹14 Cr |
| 2020 | ₹23 Cr |
| 2021 | ₹14 Cr |
| 2022 | ₹23 Cr |
| 2023 | ₹48 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 1.24 |
| 2020 | 1.89 |
| 2021 | 1.42 |
| 2022 | 1.56 |
| 2023 | 1.17 |
Last 10 Years’ Profit Growth:
| 10 Years: | 34% |
| 5 Years: | 20% |
| 3 Years: | 50% |
| Current Year: | -40% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 13% |
| 5 Years: | 12% |
| 3 Years: | 13% |
| Last Year: | 24% |
Sales Growth Over 10 Years:
| 10 Years: | 17% |
| 5 Years: | 20% |
| 3 Years: | 36% |
| Current Year: | 1% |
Conclusion
This article is a complete guide about Rushil Decor Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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