RUSHIL2024-01-012024-03-31 RUSHIL2024-01-012024-03-31 RUSHIL2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member RUSHIL2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member RUSHIL2024-03-31 RUSHIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue01Member RUSHIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue02Member RUSHIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue03Member RUSHIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue04Member RUSHIL2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue01Member RUSHIL2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue02Member RUSHIL2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue03Member RUSHIL2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue04Member RUSHIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults01Member RUSHIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults02Member RUSHIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults03Member RUSHIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults04Member RUSHIL2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults01Member RUSHIL2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults02Member RUSHIL2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults03Member RUSHIL2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults04Member RUSHIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets01Member RUSHIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets02Member RUSHIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets03Member RUSHIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets04Member RUSHIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member RUSHIL2024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member RUSHIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member RUSHIL2024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member RUSHIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities03Member RUSHIL2024-03-31in-bse-fin:OneReportableSegmentLiabilities03Member RUSHIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities04Member RUSHIL2024-03-31in-bse-fin:OneReportableSegmentLiabilities04Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 533470 RUSHIL NOTLISTED Rushil Decor Limited Equity 2023-04-01 2024-03-31 2024-05-09 2024-04-29 INR Lakhs Yearly 11:15:00 15:45:00 2024-05-09 2024-05-09 true Cash Flow Indirect Declaration of unmodified opinion Multi segment 2024-01-01 2024-03-31 Audited Standalone 2334252000.00 18978000.00 2353230000.00 1275035000.00 0.00 -3361000.00 163514000.00 79711000.00 72927000.00 606686000.00 2194512000.00 158718000.00 0.00 158718000.00 49780000.00 18908000.00 68688000.00 0.00 90030000.00 0.00 0.00 0.00 0.00 90030000.00 -658000.00 89372000.00 0.00 0.00 265417000.00 10 3.36 2.72 0.00 0.00 3.36 2.72 (1) The above audited standalone financial results for the quarter and year ended March 31, 2024 have been reviewed by the Audit Committee and thereafter approved by the Board of Directors at their respective meetings held on May 09, 2024. (2) The Board of Directors at it's meeting held on May 09, 2024 has recommended final dividend of Rs. 1 /-(Rupee One) per equity share subject to approval of the Shareholders at the ensuing Annual General Meeting of the Company. (3) The Company has intended to raise the funds by way of issue of Convertible Warrants on Preferential Basis to the Promoter Group and Non Promoters In the board meeting held on 26.10.2023 and the same was approved in the Extraordinary General Meeting held on 18.11.2023. On 23.12.2023, the company had allotted 41,30,000 Convertible Warrants at an issue price of Rs. 297 /- per warrant to Promoter Group and Non Promoters as approved by the general body and in terms of the In-Principle approval accorded by the exchanges on 12.12.2023. The company received an amount of Rs 1.06 Crores during the said quarter against allotment of convertible warrants. Total amount received Rs 31. 72 Crores till 31 st March 2024. The company may receive the balance funds against such warrants in one or more tranches during the time frame as mentioned in the SEBI (ICDR) Regulations. (4) The company has received proceeds from preferential allotment till 31 st March 2024 amounting to Rs 31. 72 Crore. The Utilisation of the Net Proceeds towards the Objects of the Preferential issue through Convertible Warrants is summarised below; Particulars Amount to be Amount incurred funded from the till 31.03.2024 Net Proceeds (Rs. in crores) (Rs. in crores) Decorative laminates including bigger 90.00 21.38 size (Jumbo size) laminates manufacturing Project at Mansa Working Capital Margin Requirement 10.00 0.00 MDF Plant & Machinery as well as Civil 10.00 0.77 Work for existing MDF Manufacturing Plants General Corporate Purpose 12.661 3.32 Total 122.661 25.47 Balance Unutilized as on 31.03.2024 6.25 Multi segment 2023-04-01 2024-03-31 Audited Standalone 8439696000.00 28709000.00 8468405000.00 4393111000.00 0.00 34130000.00 582207000.00 322472000.00 292713000.00 2231087000.00 7855720000.00 612685000.00 0.00 612685000.00 110431000.00 71165000.00 181596000.00 0.00 431089000.00 0.00 0.00 0.00 0.00 431089000.00 -658000.00 430431000.00 0.00 0.00 265417000.00 10 5162383000.00 16.80 16.10 0.00 0.00 16.80 16.10 Other Expenses 606686000.00 Other Expenses 2231087000.00 6238341000.00 64636000.00 0.00 62679000.00 125000.00 48418000.00 826000.00 267474000.00 316843000.00 6682499000.00 2250616000.00 0.00 1640693000.00 4918000.00 108701000.00 0.00 306810000.00 2061122000.00 0.00 0.00 4311738000.00 0.00 0.00 10994237000.00 265425000.00 5162383000.00 5427808000.00 5427808000.00 1618180000.00 0.00 89787000.00 1707967000.00 32553000.00 561450000.00 0.00 27135000.00 2329105000.00 1339594000.00 1710461000.00 954000.00 3051009000.00 111436000.00 69083000.00 5796000.00 0.00 3237324000.00 0.00 5566429000.00 10994237000.00 (5) Other income include foreign currency gain of Rs. 221.29 Lacs for Quarter ended on March 31, 2024 due to foreign currency fluctuation. Total foreign currency gain for the year ended on March 31, 2024 amounting to INR 130.92 Lacs (PY-Loss of INR 1303.01 Lacs). (6) Current tax in Quarter-4 and For the 12 months 2023-24 includes short provision of income tax of earlier year F.Y .2022-23 of Rs 257 .36 lakh (7) Segment Information as per Ind-AS 108, Operating Segments is disclosed in Segment Reporting. (8) The Company entered into Joint Venture Agreement for the purpose of manufacturing PlyWood and other allied products and accordingly the Company has incorporated subsidiary named Rushil Modala Ply Limited during the quarter ended on 31st March, 2024 holding 51 % shareholding of the said Company. The Company has made investment in the month of April 2024. (9) The company is eligible for incentives under the Andhra Pradesh Industrial Policy for its manufacturing plant at Atchutapuram - Andhra Pradesh. However, as per IND AS 20, the company has deferred the recognition of power subsidy of Rs 216.97 Lakhs covering the period from October 2022 to March 2023, power subsidy of Rs 217.07 Lakhs covering the period from April 2023 to September 2023 and SGST Reimbursement of Rs 269.60 Lacs covering the period from October 2022 to February 2023; which will be recognized as income on satisfaction of the recognition criteria as specified in the said IND AS 20. (10) The figures of the last quarter are the balancing figures between the audited figures in respect of the full Financial Year 2023-24 and the published year-to-date figures upto the Third Quarter of the Current Financial Year 2023-24. (11) Previous period figures have been re-arranged/re-grouped wherever necessary. Laminates & allied products Particle Board 501186000.00 Medium Density Fiber Board 1785007000.00 Polyvinayl Chloride Board 69434000.00 Unallocated 0.00 Laminates & allied products Particle Board 1905848000.00 Medium Density Fiber Board 6333354000.00 Polyvinayl Chloride Board 235689000.00 Unallocated 0.00 2355627000.00 8474891000.00 21375000.00 35195000.00 2334252000.00 8439696000.00 Laminates & allied products Particle Board 55013000.00 Medium Density Fiber Board 187035000.00 Polyvinayl Chloride Board -3618000.00 Unallocated 0.00 Laminates & allied products Particle Board 177877000.00 Medium Density Fiber Board 771229000.00 Polyvinayl Chloride Board -13949000.00 Unallocated 0.00 238430000.00 935157000.00 79711000.00 322472000.00 0.00 0.00 158719000.00 612685000.00 Laminates & allied products Particle Board 2143038000.00 Medium Density Fiber Board 8580147000.00 Polyvinayl Chloride Board 271052000.00 Unallocated 0.00 10994237000.00 Laminates & allied products Particle Board 619858000.00 Medium Density Fiber Board 1920393000.00 Polyvinayl Chloride Board 48209000.00 Unallocated 0.00 2588460000.00 0.00 2588460000.00 322472000.00 -383201000.00 -466184000.00 0.00 -82922000.00 0.00 0.00 -51398000.00 0.00 390090000.00 0.00 0.00 0.00 292713000.00 0.00 -58788000.00 0.00 502000.00 -88815000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 879000.00 0.00 -124652000.00 488033000.00 0.00 0.00 0.00 78857000.00 0.00 409176000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 244673000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -8201000.00 0.00 0.00 0.00 0.00 0.00 0.00 -116723000.00 0.00 -353195000.00 0.00 0.00 66354000.00 1312151000.00 0.00 0.00 0.00 0.00 -31489000.00 1067408000.00 0.00 0.00 13271000.00 322472000.00 0.00 0.00 -56135000.00 -154000.00 0.00 -154000.00 5072000.00 4918000.00 -879000.00 -879000.00 -221000.00 -221000.00 0.00 0.00