STOCKWATCH
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Plywood Boards/ Laminates
Joint Venture4 Nov 2024, 02:05 am

Rushil Decor Aims for Strong Growth in FY2026, Unveils Jumbo Laminate Project and Plywood Segment Expansion

AI Summary

Rushil Decor Limited, a globally leading company in modern interior infrastructure and eco-friendly composite wood panels, has announced a strong positive outlook for the upcoming financial year, with a focus on the strategic roll-out of its Jumbo Laminate Project and expansion into the plywood market. The Jumbo Laminate Project in Gandhinagar is expected to produce 2.8 million sheets annually, generating INR 60 to 80 crore in revenue in its first full year of operations. The strategic entry into the plywood segment is projected to generate revenues of INR 12 to 14 crore in its initial phase, scaling up to INR 45 to 50 crore in subsequent years. 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.

Key Highlights

  • Rushil Decor Limited announces a strong positive outlook for FY2026
  • Strategic roll-out of Jumbo Laminate Project in Gandhinagar
  • Expansion into the plywood market with a joint venture
  • Jumbo Laminate Project to produce 2.8 million sheets annually
  • Plywood expansion focused on offering a complete range of wood panel products to distributors
RUSHIL
Plywood Boards/ Laminates
RUSHIL DECOR LTD.

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