5334702025-10-012025-12-315334702025-12-315334702025-04-012025-12-315334702025-10-012025-12-31in-capmkt:OtherExpenses1Member5334702025-04-012025-12-31in-capmkt:OtherExpenses1Member5334702025-10-012025-12-31in-capmkt:ReportableSegments1Member5334702025-10-012025-12-31in-capmkt:ReportableSegments2Member5334702025-10-012025-12-31in-capmkt:ReportableSegments3Member5334702025-10-012025-12-31in-capmkt:ReportableSegments4Member5334702025-04-012025-12-31in-capmkt:ReportableSegments1Member5334702025-04-012025-12-31in-capmkt:ReportableSegments2Member5334702025-04-012025-12-31in-capmkt:ReportableSegments3Member5334702025-04-012025-12-31in-capmkt:ReportableSegments4Member5334702025-10-012025-12-31in-capmkt:ReportableSegments1Member5334702025-10-012025-12-31in-capmkt:ReportableSegments2Member5334702025-10-012025-12-31in-capmkt:ReportableSegments3Member5334702025-10-012025-12-31in-capmkt:ReportableSegments4Member5334702025-04-012025-12-31in-capmkt:ReportableSegments1Member5334702025-04-012025-12-31in-capmkt:ReportableSegments2Member5334702025-04-012025-12-31in-capmkt:ReportableSegments3Member5334702025-04-012025-12-31in-capmkt:ReportableSegments4Member5334702025-10-012025-12-31in-capmkt:ReportableSegments1Member5334702025-12-31in-capmkt:ReportableSegments1Member5334702025-10-012025-12-31in-capmkt:ReportableSegments2Member5334702025-12-31in-capmkt:ReportableSegments2Member5334702025-10-012025-12-31in-capmkt:ReportableSegments3Member5334702025-12-31in-capmkt:ReportableSegments3Member5334702025-10-012025-12-31in-capmkt:ReportableSegments4Member5334702025-12-31in-capmkt:ReportableSegments4Member5334702025-10-012025-12-31in-capmkt:ReportableSegments1Member5334702025-12-31in-capmkt:ReportableSegments1Member5334702025-10-012025-12-31in-capmkt:ReportableSegments2Member5334702025-12-31in-capmkt:ReportableSegments2Member5334702025-10-012025-12-31in-capmkt:ReportableSegments3Member5334702025-12-31in-capmkt:ReportableSegments3Member5334702025-10-012025-12-31in-capmkt:ReportableSegments4Member5334702025-12-31in-capmkt:ReportableSegments4Member5334702025-10-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15334702025-04-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15334702025-12-31Statement15334702025-10-012025-12-31Statement15334702025-12-31StatementDynamic1I1Statement15334702025-12-31StatementDynamic1I2Statement15334702025-12-31StatementDynamic1I3Statement15334702025-12-31StatementDynamic1I4Statement1iso4217:INRxbrli:pureiso4217:INRxbrli:shares533470RUSHILNOTLISTEDINE573K01025RUSHIL DECOR LIMITEDMain BoardEquity2025-04-012026-03-312026-01-282026-01-08INRMillionsQuarterlyThird quarterMulti segment2026-01-2811:15:002026-01-2815:40:00Not applicabletrue1true2025-10-012025-12-31UnauditedStandalone21522500008170000216042000013076400000-1600600001891800007993000086020000581520000208423000076190000076190000019460000194600000567300000000567300001500005688000029342000010.20.2000.20.21.The above unaudited standalone and consolidated financial results for the quarter and nine months ended on December 31, 2025 have been reviewed by the Audit Committee and thereafter approved by the Board of Directors at their respective meetings held on January 28, 2026. <BR> 2.The above unaudited standalone and consolidated financial results for the quarter and nine months ended on December 31, 2025 have been prepared in accordance with Indian AS as prescribed under section 134 of the Companies Act, 2013. <BR> 3.The company has forfeited Rs.74.25 Million being 25% of the amount paid on 10,00,000 convertible warrants due to non-receipt of outstanding 75% amount on the said warrants held by Vespera Fund Limited as per the provision of Regulation 169(3) of Chapter V of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. Amount received on account of 25% has been transfer to Capital Reserve. <BR> 4.The company has received proceeds from preferential allotment till December 31, 2025 amounting to Rs. 930.40 Million. The Utilization of the Net Proceeds towards the Objects of the Preferential issue through Convertible Warrants is summarized below: <BR> (Rs. in Million) <BR> Particular Amount Amount <BR> Size of Preferential Allotment (41,30,000 Warrants @ Rs. 297 per warrant) 1226.61 <BR> Proceeds generated from Preferential Allotment till December 31, 2025: …(A) 930.40 <BR> Less : Amount utilized as at December 31, 2025 <BR> For Decorative laminates including bigger size (Jumbo size) laminates <BR> manufacturing Project at Mansa …(B) 800.00 <BR> For MDF Plant & Machinery as well as Civil Work for existing <BR> MDF Manufacturing Plants …(C) 96.70 <BR> For Corporate General Purpose … (D) 33.70 (930.40) <BR> Balance Un-utilised as at December 31, 2025 NIL <BR> <BR> 5.As part of the divestment of equity in Rushil Modala Ply Limited (“RMPL”), the Company executed an Amendment Agreement-cum-Share Purchase Agreement on November 21, 2025 with Dr. Modala Nageshwar Rao, representing himself and his family members (the “Purchaser”), and RMPL, for the divestment of up to 29% of the equity stake / investment held by the Company in its subsidiary, RMPL, in more than one tranches. <BR> Pursuant to the said agreement, the Company transferred 9.5 million equity shares during the reporting quarter. As a result, RMPL ceased to be a subsidiary with effect from November 21, 2025 and became an Associate Company due to sale / dilution of equity. <BR> The effective date of deconsolidation has been considered as November 30, 2025, and accordingly, RMPL has been accounted for as an associate company for the month of December 2025. <BR> 6.The Government of India has consolidated 29 existing labour legislations into a unified framework comprising four labour codes viz the Code on Wages, 2019, the Code on Social Security, 2020, the Industrial Relations Code, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 (collectively referred to as the “Codes”). The Codes have been made effective from November 21, 2025. The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in regulations. <BR> The incremental impact of these changes, assessed by the Company, on the basis of the information available, consistent with the guidance provided by the Institute of Chartered Accountants of India, is not material and has been recognised in the consolidated financial results of the Company for the quarter and nine months ended December 31, 2025. Once Central / State Rules are notified by the Government on all aspects of the Codes, the Company will evaluate impact, if any, on the measurement of employee benefits and would provide appropriate accounting treatment. <BR> 7.Segment Information as per Ind-AS 108, “Operating Segments” is disclosed in Segment Reporting. <BR> 8.Previous period figures have been re-arranged/re-grouped wherever necessary. <BR> 2025-04-012025-12-31UnauditedStandalone625751000019000000627651000035836400000-11693000054783000023198000025316000017983600006298040000-215300000-215300000-1170000-11700000-203600000000-20360000450000-199100002934200001-0.07-0.0700-0.07-0.07Other Expenses581520000Other Expenses1798360000Laminates & allied products592000000Medium Density Fiber Board1523800000Polyvinyl Chloride Board82030000Unallocated0Laminates & allied products1599850000Medium Density Fiber Board4556980000Polyvinyl Chloride Board258390000Unallocated0219783000064152200004558000015771000021522500006257510000Laminates & allied products45570000Medium Density Fiber Board110640000Polyvinyl Chloride Board-90000Unallocated0Laminates & allied products108340000Medium Density Fiber Board92260000Polyvinyl Chloride Board9850000Unallocated0156120000210450000799300002319800000076190000-21530000Laminates & allied products4320240000Medium Density Fiber Board8014720000Polyvinyl Chloride Board318670000Unallocated012653630000012653630000Laminates & allied products1045220000Medium Density Fiber Board2606670000Polyvinyl Chloride Board111860000Unallocated2465210000622896000006228960000Items that will not be reclassified to profit or loss200000200000Items that will not be reclassified to profit or loss600000600000500001500000015000045000026122700000002612270000Preferential Issues2023-12-239304000002025-12-31trueCARE RATINGS LIMITEDfalseNONONOHASMUKH KANUBHAI MODICompany Secretary and Compliance OfficerAHMEDABAD2026-01-28For Decorative laminates including bigger size (Jumbo size) laminates manufacturing Project at MansaNA90000000008000000000For deficit amount of the objects of the issue, Company made alternate arrangement of fund through Internal Accrual and borrowing.Working Capital Margin RequirementNA100000000000For deficit amount of the objects of the issue, Company made alternate arrangement of fund through Internal Accrual and borrowing.For MDF Plant & Machinery as well as Civil Work for existing MDF Manufacturing PlantsNA1000000000967000000For deficit amount of the objects of the issue, Company made alternate arrangement of fund through Internal Accrual and borrowing.For Corporate General PurposeNA1266100000337000000For deficit amount of the objects of the issue, Company made alternate arrangement of fund through Internal Accrual and borrowing.