Rushil Decor Ltd. share price target

RDL: Management meet takeaways: Aggressive growth plan

RDL maintained its guidance of trebling revenue over the next five years by increasing its presence across wood panel segments

WPI inflation eased to 5.1% in Jul'18 from 5.8% in Jun'18. The softening was largely led by food inflation. Fuel and manufactured products inflation rose marginally. Fuel inflation is likely to remain elevated this calendar year as a result of higher oil prices and weaker rupee. A weaker currency will negate the benefit from lower international commodity prices. While WPI inflation may fall in the next few months (base effect), drivers will change as momentum...

Rushil Decor Limited is betting on aggressive expansion in medium density fibreboard or MDF space and green product wood polymer composite or WPC boards in the current and upcoming years. It is targeting almost three times capacity addition of 800 cbm/ day from the current capacity of 300 cbm/ day. Rushil has also started WPC board plant in January 2018 which is environment friendly and preferred option for green buildings. Rushil posted revenues of Rs.255 crores in 9M18, compared to Rs.221 crores in the prior year period. The growth reflected higher utilization rates across the laminates and MDF segments due to strong demand backed by residential and commercial development...

Rushil Decor Limited is betting on aggressive expansion in medium density fibreboard or MDF space and green product wood polymer composite or WPC boards in the current and upcoming years. It is targeting almost three times capacity addition of 800 cbm/ day from the current capacity of 300 cbm/ day. Rushil has also started WPC board plant in January 2018 which is environment friendly and preferred option for green buildings. Rushil posted revenues of Rs.255 crores in 9M18, compared to Rs.221 crores in the prior year period. The growth reflected higher utilization rates across the laminates and MDF segments due to strong demand backed by residential and commercial development...