RUSHIL2024-07-012024-09-30 RUSHIL2024-07-012024-09-30 RUSHIL2024-07-012024-09-30in-bse-fin:OneOperatingExpenses01Member RUSHIL2024-07-012024-09-30in-bse-fin:FourOperatingExpenses01Member RUSHIL2024-09-30 RUSHIL2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue01Member RUSHIL2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue02Member RUSHIL2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue03Member RUSHIL2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue04Member RUSHIL2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue01Member RUSHIL2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue02Member RUSHIL2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue03Member RUSHIL2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue04Member RUSHIL2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults01Member RUSHIL2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults02Member RUSHIL2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults03Member RUSHIL2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults04Member RUSHIL2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults01Member RUSHIL2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults02Member RUSHIL2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults03Member RUSHIL2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults04Member RUSHIL2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets01Member RUSHIL2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets02Member RUSHIL2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets03Member RUSHIL2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets04Member RUSHIL2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities01Member RUSHIL2024-09-30in-bse-fin:OneReportableSegmentLiabilities01Member RUSHIL2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities02Member RUSHIL2024-09-30in-bse-fin:OneReportableSegmentLiabilities02Member RUSHIL2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities03Member RUSHIL2024-09-30in-bse-fin:OneReportableSegmentLiabilities03Member RUSHIL2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities04Member RUSHIL2024-09-30in-bse-fin:OneReportableSegmentLiabilities04Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 533470 RUSHIL NOTLISTED Rushil Decor Limited Equity 2024-04-01 2025-03-31 2024-10-26 2024-10-15 INR Millions Half yearly 11:15:00 15:15:00 2024-10-26 2024-10-26 true Cash Flow Indirect Not applicable Multi segment 2024-07-01 2024-09-30 Unaudited Standalone 2286340000.00 10820000.00 2297160000.00 1232490000.00 0.00 -51890000.00 170150000.00 75010000.00 74520000.00 640830000.00 2141110000.00 156050000.00 0.00 156050000.00 24190000.00 15850000.00 40040000.00 0.00 116010000.00 0.00 0.00 0.00 0.00 116010000.00 -170000.00 115840000.00 0.00 0.00 274920000.00 1 0.43 0.39 0.00 0.00 0.43 0.39 1.The above unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2024 have been reviewed by the Audit Committee and thereafter approved by the Board of Directors at their respective meetings held on October 26, 2024. The Statutory auditors of the Company have carried out a limited review of these results. 2.The company has declared and distributed Final Dividend of Rs 0.10 (Ten Paise) per Equity Share (Face Value of Rs 1/- per share) for the year ended March 31, 2024 as approved by the shareholders in 30th Annual General Meeting held on September 20, 2024. 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. Further, the equity shares of the Company are sub-divided from 1 share of Rs. 10 each to 10 shares of Rs. 1 each having record date 09.08.2024. The company received an amount of Rs 99.20 Million during the said quarter against allotment of convertible warrants. Total amount received Rs 586.80 Million till 30th September 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 30th September 2024 amounting to Rs 586.80 Millon. The Utilization of the Net Proceeds towards the Objects of the Preferential issue through Convertible Warrants is summarized below: Particulars Amount to be funded from the Net Proceeds Amount incurred till 30.09.2024 (Rs. in Million) (Rs. in Million) Decorative laminates including bigger size (Jumbo size) 900.00 512.50 laminates manufacturing Project at Mansa Working Capital Margin Requirement 100.00 0.00 MDF Plant & Machinery as 100.00 19.10 well as Civil Work for existing MDF Manufacturing Plants General Corporate Purpose 126.66 33.20 Total 1226.66 564.80 Balance Unutilized as on 30.09.2024 22.00 5.During the quarter, the company has converted 44,50,000 Convertible Warrants into equity share post stock split in the ratio of 1:10 as summarized below. Date of Allotment No. of Equity Shares allotted 26.07.2024 23,00,000 Equity Shares 31.07.2024 7,50,000 Equity Shares 21.08.2024 9,00,000 Equity Shares 04.09.2024 5,00,000 Equity Shares Total 44,50,000 Equity Shares Multi segment 2024-04-01 2024-09-30 Unaudited Standalone 4521330000.00 44590000.00 4565920000.00 2491500000.00 0.00 -90590000.00 330940000.00 126210000.00 147920000.00 1238980000.00 4244960000.00 320960000.00 0.00 320960000.00 52360000.00 29480000.00 81840000.00 0.00 239120000.00 0.00 0.00 0.00 0.00 239120000.00 -330000.00 238790000.00 0.00 0.00 274920000.00 1 0.89 0.79 0.00 0.00 0.89 0.79 Other Expenses 640830000.00 Other Expenses 1238980000.00 6259200000.00 315410000.00 0.00 0.00 54670000.00 0.00 0.00 0.00 39230000.00 56330000.00 840000.00 96780000.00 193180000.00 0.00 246250000.00 7068710000.00 2138540000.00 0.00 1857160000.00 24850000.00 45410000.00 0.00 429260000.00 2356680000.00 0.00 0.00 4495220000.00 0.00 0.00 11563930000.00 274920000.00 5634460000.00 5909380000.00 5909380000.00 1403700000.00 0.00 92270000.00 1495970000.00 35950000.00 590930000.00 0.00 167810000.00 2290660000.00 1241100000.00 1843830000.00 950000.00 3085880000.00 60880000.00 213600000.00 3530000.00 0.00 3363890000.00 0.00 0.00 5654550000.00 11563930000.00 6.Earning Per Share (EPS) is calculated after considering the effect of stock split in the unaudited financial results for quarter and half year ended September 30, 2024. (i.e. the equity shares of company are sub divided from 1 share of Rs 10 each to 10 shares of Rs 1 each having record date 09.08.2024.) 7. As per the sanctioned order of incentives under the Andhra Pradesh Industrial Development Policy (IDP) for its manufacturing plant at Atchutapuram – Andhra Pradesh, company has recognized SGST Reimbursement amounting to Rs 26.96 Million under Other Operating Revenue and Reimbursement of Power amounting to Rs 21.70 Million as reduction from Power cost under other expenses. 8. Other income includes Revenue Subsidy from Karnataka Government amounting to Rs 20.57 Million. 9. Other Expenses Includes foreign currency loss of Rs 28.30 Million for Quarter ended on September 30, 2024 due to foreign currency fluctuation. 10. Segment Information as per Ind-AS 108, “Operating Segments” is disclosed in Segment Reporting. 11. The Company has made investment of Rs 15.23 Million in equity shares of Rushil Modala Ply Limited, Subsidiary company during the quarter being 15,23,341 Equity Shares of Rs 10/- each. 12. Previous period figures have been re-arranged/re-grouped wherever necessary. Laminates and allied Products 503150000.00 Medium Density Fiber Board 1751590000.00 Plyvinayl Chloride Board 66580000.00 Unallocated 0.00 Laminates and allied Products 974880000.00 Medium Density Fiber Board 3460570000.00 Plyvinayl Chloride Board 138420000.00 Unallocated 0.00 2321320000.00 4573870000.00 34980000.00 52540000.00 2286340000.00 4521330000.00 Laminates and allied Products 56480000.00 Medium Density Fiber Board 172860000.00 Plyvinayl Chloride Board 1720000.00 Unallocated 0.00 Laminates and allied Products 95860000.00 Medium Density Fiber Board 348030000.00 Plyvinayl Chloride Board 3280000.00 Unallocated 0.00 231060000.00 447170000.00 75010000.00 126210000.00 0.00 0.00 156050000.00 320960000.00 Laminates and allied Products 2541580000.00 Medium Density Fiber Board 8679330000.00 Plyvinayl Chloride Board 343020000.00 Unallocated 0.00 11563930000.00 0.00 11563930000.00 Laminates and allied Products 693280000.00 Medium Density Fiber Board 2226500000.00 Plyvinayl Chloride Board 89970000.00 Unallocated 0.00 3009750000.00 0.00 3009750000.00 126210000.00 112080000.00 -224380000.00 0.00 -109250000.00 0.00 55190000.00 0.00 0.00 133370000.00 0.00 92990000.00 0.00 147920000.00 0.00 144520000.00 0.00 2480000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -40000.00 440000.00 0.00 481530000.00 802490000.00 0.00 0.00 0.00 50070000.00 0.00 752420000.00 0.00 39100000.00 0.00 0.00 0.00 0.00 0.00 0.00 450000.00 411550000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 85220000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -535420000.00 0.00 0.00 282150000.00 -12540000.00 0.00 0.00 0.00 0.00 0.00 312980000.00 0.00 0.00 27490000.00 126210000.00 0.00 0.00 -197070000.00 19930000.00 0.00 19930000.00 4920000.00 24850000.00 -220000.00 -440000.00 -50000.00 -110000.00 0.00 0.00