By Team Homes | Monday, 04 November 2024

Modern Interior & Infra firm 'Rushil Decor' projects Robust Growth in FY2026

With an emphasis on the strategic implementation of its Jumbo Laminate Project and growth into the plywood industry, Rushil Decor declares a very optimistic forecast for the next fiscal year. The company's dedication to expanding its product line and investigating development prospects in new market niches is demonstrated by these initiatives.

An important project that will allow Rushil Decor to meet the rising demand for thicker-format decorative laminates is the Jumbo Laminate Project in Gandhinagar. The Gandhinagar facility is now scheduled to start operations by Q4 FY2025, despite brief delays in the project caused by supply chain issues and bad weather. 

 

The company's position in the growing jumbo laminate industry would be strengthened by this facility, which is expected to manufacture 2.8 million sheets yearly. According to cautious estimates, the Jumbo Laminate Plant will make between INR 60 and 80 crore in its first full year of operation, with an EBITDA margin of 14% to 16%. An equity IRR of 14% to 16% and an IRR of 10% to 12% are projected for the project.

In addition to increasing Rushil Decor's manufacturing capacity, this new facility demonstrates the company's commitment to providing high-quality goods that satisfy consumer demands. The primary target markets for the jumbo-sized laminates are export markets, particularly those in the USA and Europe. The business has already begun establishing sales and marketing networks in order to guarantee that this new product has an initial foothold. Recruiting employees and distributors to promote market penetration in the USA and Europe is part of this. Rushil Decor should be able to take advantage of the growing market demand for jumbo laminate formats thanks to this strategic move.

Expressing to the future outlook, Managing Director of Rushil Décor, Rushil Thakkar says, "With strategic expansions, the Jumbo Laminate Project's imminent launch and growing international demand, Rushil Decor is positioned to deliver sustained growth and value creation in FY2026. Our focus on market-driven initiatives, expanding capacity and fostering long-term sustainability remains at the core of our mission. The company's commitment to excellence in product quality, market expansion and sustainable growth serves as the foundation for its long-term commitment to stakeholders as it pursues new growth prospects in the dynamic MDF, Laminates and Plywood markets". 

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