NSEI:RUSHIL

Stock Analysis Report

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Executive Summary

Rushil Décor Limited manufactures and sells decorative laminates for residential and commercial use in India. More Details


Snowflake Analysis

Questionable track record with imperfect balance sheet.


Similar Companies

Share Price & News

How has Rushil Décor's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: RUSHIL is more volatile than 90% of Indian stocks over the past 3 months, typically moving +/- 16% a week.

Volatility Over Time: RUSHIL's weekly volatility has increased from 10% to 16% over the past year.


Market Performance


7 Day Return

75.8%

RUSHIL

4.3%

IN Building

1.8%

IN Market


1 Year Return

16.1%

RUSHIL

21.8%

IN Building

7.9%

IN Market

Return vs Industry: RUSHIL underperformed the Indian Building industry which returned 22% over the past year.

Return vs Market: RUSHIL exceeded the Indian Market which returned 7.9% over the past year.


Shareholder returns

RUSHILIndustryMarket
7 Day75.8%4.3%1.8%
30 Day81.6%22.1%10.9%
90 Day38.2%28.1%9.8%
1 Year33.0%16.1%22.6%21.8%10.0%7.9%
3 Year-80.6%-83.1%9.2%1.9%8.1%2.8%
5 Year-29.4%-38.8%114.6%96.6%55.3%43.6%

Long-Term Price Volatility Vs. Market

How volatile is Rushil Décor's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Rushil Décor undervalued compared to its fair value and its price relative to the market?

21.23x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: RUSHIL (₹158.9) is trading above our estimate of fair value (₹3.72)

Significantly Below Fair Value: RUSHIL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: RUSHIL is poor value based on its PE Ratio (21.2x) compared to the IN Building industry average (19.4x).

PE vs Market: RUSHIL is poor value based on its PE Ratio (21.2x) compared to the Indian market (17.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate RUSHIL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: RUSHIL's PB Ratio (1x) is in line with the IN Building industry average.


Next Steps

Future Growth

How is Rushil Décor forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

30.8%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Rushil Décor has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Rushil Décor performed over the past 5 years?

10.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RUSHIL has high quality earnings.

Growing Profit Margin: RUSHIL's current net profit margins (3.6%) are lower than last year (6.2%).


Past Earnings Growth Analysis

Earnings Trend: RUSHIL's earnings have grown by 10.8% per year over the past 5 years.

Accelerating Growth: RUSHIL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: RUSHIL had negative earnings growth (-47.1%) over the past year, making it difficult to compare to the Building industry average (-18.8%).


Return on Equity

High ROE: RUSHIL's Return on Equity (4.8%) is considered low.


Next Steps

Financial Health

How is Rushil Décor's financial position?


Financial Position Analysis

Short Term Liabilities: RUSHIL's short term assets (₹1.9B) exceed its short term liabilities (₹1.8B).

Long Term Liabilities: RUSHIL's short term assets (₹1.9B) do not cover its long term liabilities (₹3.8B).


Debt to Equity History and Analysis

Debt Level: RUSHIL's debt to equity ratio (178.2%) is considered high.

Reducing Debt: RUSHIL's debt to equity ratio has increased from 140.7% to 178.2% over the past 5 years.

Debt Coverage: RUSHIL's debt is well covered by operating cash flow (21.2%).

Interest Coverage: RUSHIL's interest payments on its debt are not well covered by EBIT (2.2x coverage).


Balance Sheet


Next Steps

Dividend

What is Rushil Décor current dividend yield, its reliability and sustainability?

0.32%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: RUSHIL's dividend (0.32%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.52%).

High Dividend: RUSHIL's dividend (0.32%) is low compared to the top 25% of dividend payers in the Indian market (2.1%).


Stability and Growth of Payments

Stable Dividend: RUSHIL has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: RUSHIL has only been paying a dividend for 9 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (6.7%), RUSHIL's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

13.8yrs

Average management tenure


CEO

Keyurbhai Gajjar (49 yo)

15.58yrs

Tenure

₹6,588,048

Compensation

Mr. Keyurbhai Mrunal Gajjar, B.E., MBA has been the Chief Executive Officer at Rushil Decore Limited since April 1, 2005. Mr. Gajjar has extensive experience. Mr. Gajjar holds a degree of Bachelor of Engin...


CEO Compensation Analysis

Compensation vs Market: Keyurbhai's total compensation ($USD88.99K) is above average for companies of similar size in the Indian market ($USD50.34K).

Compensation vs Earnings: Keyurbhai's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Ghanshyambhai Thakkar
Executive Chairman13.17yrs₹12.00m14.41%
₹ 455.1m
Keyurbhai Gajjar
Chief Executive Officer15.58yrs₹6.59mno data
Krupesh Thakkar
MD & Executive Director27.5yrs₹12.00m26.68%
₹ 842.5m
Vipulbhai Vora
Chief Financial Officer6.25yrs₹4.46mno data
Hasmukh Modi
Compliance Officer & Company Secretary13.08yrs₹2.05m0.000010%
₹ 315.8
Jikesh Thakkar
Senior Vice Presidentno data₹3.10mno data
Ramanikbhai Kansagara
Whole-Time Director1.75yrs₹2.31mno data
Krupaben Thakkar
Senior Vice Presidentno data₹5.90m2.04%
₹ 64.6m
Rahul Pareek
Manager of Marketing14.58yrs₹323.00kno data
Mahendra Shahu
Assistant General Manager of Export & Importno data₹362.00kno data
Rushil Thakkar
Vice President-General6.08yrs₹1.01m1.51%
₹ 47.7m
Vishal Dave
Senior Manager of Accounts14.5yrs₹359.00kno data

13.8yrs

Average Tenure

49yo

Average Age

Experienced Management: RUSHIL's management team is seasoned and experienced (13.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ghanshyambhai Thakkar
Executive Chairman13.17yrs₹12.00m14.41%
₹ 455.1m
Krupesh Thakkar
MD & Executive Director27.5yrs₹12.00m26.68%
₹ 842.5m
Ramanikbhai Kansagara
Whole-Time Director1.75yrs₹2.31mno data
Shankar Prasad Bhagat
Independent Non-Executive Director11.08yrs₹20.00kno data
Rohitbhai Thakkar
Independent Non-Executive Director7.67yrs₹20.00kno data
Archee Thakkar
Additional Independent Non-Executive Director1yr₹5.00kno data

9.4yrs

Average Tenure

61yo

Average Age

Experienced Board: RUSHIL's board of directors are considered experienced (9.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: RUSHIL insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 33.3%.


Top Shareholders

Company Information

Rushil Décor Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Rushil Décor Limited
  • Ticker: RUSHIL
  • Exchange: NSEI
  • Founded: 1993
  • Industry: Building Products
  • Sector: Capital Goods
  • Market Cap: ₹3.158b
  • Shares outstanding: 19.91m
  • Website: https://www.rushil.com

Number of Employees


Location

  • Rushil Décor Limited
  • Rushil House
  • Near Neelkanth Green Bungalow
  • Ahmedabad
  • Gujarat
  • 380058
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
533470BSE (Mumbai Stock Exchange)YesEquity SharesININRJul 2011
RUSHILNSEI (National Stock Exchange of India)YesEquity SharesININRJul 2011
890150BSE (Mumbai Stock Exchange)INR10(PPD INR12.5 UPD INR37.5)ININROct 2020
RUSHILPPNSEI (National Stock Exchange of India)INR10(PPD INR12.5 UPD INR37.5)ININROct 2020

Biography

Rushil Décor Limited manufactures and sells decorative laminates for residential and commercial use in India. The company offers laminate sheets, medium density fibre boards, pre-laminated medium density f...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/28 12:14
End of Day Share Price2020/11/27 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.