Ahmedabad, 10th October, 2025 : Rushil Décor Limited (NSE: RUSHIL, BSE: 533470), a leader
in the Indian decorative laminate and MDF panel board industry, is pleased to
announce the commencement of trial run production under Phase 2 of its advanced
Jumbo Size Laminates manufacturing facility, located at Village Itla, Near
Kalyanpura Patia, Gandhinagar-Mansa Road, Taluka Mansa, District Gandhinagar,
Gujarat.
This development follows the successful commercial
launch of Phase 1 operations at the same facility, as previously communicated.
Phase 2 of the project adds a significant additional
production capacity of approximately 1.6 million sheets per annum (based on 1
mm thickness), marking a major milestone in the company’s growth strategy. The
combined capacity from Phase 1 and 2 now stands at 2.8 million sheets per
annum, aimed at catering to high-growth international markets including the
USA, Europe and developed Western Markets
“As we are in the mid of FY2026, we are targeting
consolidated revenues of approximately ₹11,000 million,” said Mr. Rushil K.
Thakkar, Managing Director of Rushil Décor Limited. “The expansion through
Phase 2 not only strengthens our product portfolio but also enhances capacity,
scale and global competitiveness. Our strategic focus remains on innovation,
capacity augmentation and expanding our footprint in both domestic and
international markets.”
The Phase 2 expansion aligns with Rushil Décor’s
commitment to complete the project by Q3 FY26, as previously outlined. This
brownfield development is expected to positively contribute to both top-line
and bottom-line performance during FY 2025–26.
With the integrated capacities from both phases, the
plant is projected to generate additional annual revenues of approximately ₹300
crore, with an EBITDA margin of around 11%. The company has already secured
export orders for a significant portion of its Jumbo laminates total capacity
and is on track to ramp up full-scale production in the upcoming quarters.
This expansion is part of Rushil Décor’s broader
strategy to address the growing global demand for high-quality, value-added
laminates, while further reinforcing its position as a premium supplier in key
international markets.
About Rushil Décor Limited
Founded in 1993, Rushil Decor Limited is a leading
Indian manufacturer in the wood panel industry, with a core focus on MDF
boards, laminates, PVC /WPC boards and plywood through a strategic joint
venture. Our products are well recognized under the trusted “VIR”
brand.
Rushil Decor operates six manufacturing facilities
strategically located in Karnataka, Andhra Pradesh and Gujarat, enabling
sustainable sourcing and production.
As the third-largest player in India’s MDF market,
Rushil Decor is among the country’s largest organized manufacturers in this
segment. Its robust distribution network comprises over 700 distributors and
4,675 retailers, with a growing export footprint in 57+ countries.
Rushil Decor continues to drive innovation and scale,
positioning itself as a forward-looking leader in the global wood panel
industry.
For more information, please visit: www.rushil.com
Parin Shah.
AGM-Brand Management
Rushil Decor Limited
Churchgate
Investor Relations
Abhishek Dakoria
Churchgate Partners
+91 22 6169 5988
