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Rushil Decor Limited Interim / Quarterly Report 2022

Nov 3, 2021

61709_rns_2021-11-03_9107b042-ac21-4978-b312-301c52594971.pdf

Interim / Quarterly Report

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••• ••• •••

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----- Start of picture text -----

RUSHIL
DECOR LIMITED
----- End of picture text -----

RDL/060/2021-22 Date: 03.11.2021

WE'LL MAKE IT

To, National Stock Exchange of India Ltd. Exchange Plaza, Sandra - Kurla Complex, Sandra (E), Mumbai - 400 051 NSE EQUITY SYMBOL: RUSHIL

To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400 001 BSE SCRIPT CODE: 533470

ISIN: INE573K01017

Dear Sir/ Madam,

Ref: Regulation 30 read with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Sub: Outcome of the Meeting of Board of Directors held on 03[rd ] day of November, 2021 for Consideration and Approval of Unaudited Financial Results for the Second Quarter and Half year ended 30.09.2021

In compliance with Regulation 30 read with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to intimate that in the Board Meeting held on today (i.e. Wednesday, 3[rd ] day of November, 2021 ), the Board of Directors of the Company (Rushil Decor Limited) has considered and approved the Unaudited Financial Results for the Second Quarter and Half Year ended on 30.09.2021.

The meeting was commenced at 11.15 AM and concluded at 01.15 PM.

In this connection, we are enclosing herewith Unaudited Quarterly Financial Results for the Second Quarter and Half Year ended on 30.09.2021 along with Limited review Report of the auditor.

Please take the same in your records and do the needful.

Thanking You.

Yours Faithfully,

.J

For, Rushil Deco�ited \v( C C I , ';.. �-

Hasmukh K. Modi Company Secretary

Encl.: as above

••

RUSHIL DECOR LTD., RUSHIL HOUSE, NEAR NEELKANTH GREEN BUNGALOW, OFF SINDHU BHAVAN ROAD, SHILAJ, AHMEDABAD-380058, GUJARAT, INDIA. REGO. OFFICE: S. NO. 125, NEAR KALYANPURA PATIA, VILLAGE ITLA, GANDHINAGAR-MANSA ROAD, TA. KALOL, 01ST. GANDHINAGAR-382845, GUJARAT, INDIA. I CIN: L25209GJ1993PLC019532

PH: +91-79-61400400 I FAX: +91-79-61400401 I EMAIL: [email protected] I WWW.RUSHIL.COM

■■■ ••• ••• RUSHIL DECOR LIMITED

WE'L L MAKE IT

RUSHIL DECOR LIMITED

Regd. Office: S. No.125, Near Kalyanpura Patia, Viii. Illa, Gandhinagar Mansa Road, Tai. Kaloi, Dist. Gandhinagar -382845, Gujarat, India

(< in lacs)

(<inlacs) (<inlacs) (<inlacs) (<inlacs) (<inlacs) (<inlacs) (<inlacs) (<inlacs) (<inlacs) (<inlacs)
Statement of Unaudited FinancialResults for theQuarter andhalfyear ended 30th September,2021
Sr
No.
1
2
3
4
5
6
7
8
9
10
11
12		 Pa rticu la rs
:		 Quarter Ended
30.09.2021
30.06.2021
30.09.2020
(Unaudited)
(Unaudited)
(Unaudited)		 Half Year Ended Year Ended
30.09.2020
(Unaudited)		 30.09.2021
30.09.2020
(Unaudited)
(Unaudited)		 31.03.2021
(Audited)


Income
a) Revenue from operati?ns
b) Other income
Total Income
Expenses
a) Cost of materials consumed
b) Purchases of Stock-in-Trade
c) Changes in inventories of finished goods work-in-progress
and Stock-in-Trade
d) Employee benefits expense
e) Finance costs
f) Depreciatior, dnd amortization e�pense
g) Other expenses
Total expenses
Profit before exceptional items and tax (1-2)
Exceptional Items
Profit before tax (3+4)
Tax expense:
a) Current tax
b) Deferred tax
Total
Net Profit (+)/Loss (-) for the period (5-6)
Other Comprehensive Income, net of tax (OCI)
a) Items that will not be reclassified to profit or loss
b) Income tax relating to items that will not be reclassified to
profit or loss
Total
Total Comprehensive Income for the period (7+8)
Paid up equity share capital (Face value of< 10/- each)
Reserves (excluding Revaluation Reserve) as shown in the
Audited Balance Sheet
Earnings per share (Face value oH' 10/- each) (Not
Annualised)
(1) Basic
(2)Diluted		 17132.12
19.96
9099.06

18.10		 9509.43

26.15		 26231.18
14416.39

38.06
64.77

33544.38
432.27
17152.08
9117.16
9535.58
26269.24
14481.16
33976.65
9351.46
52.89
-65.72
1029.83
576.46
60234
4573.36
16120.62
1031.46
7184.30

14.00
-2858.68

959.23
587.57

589.84

3649.65
4437.92
27.78
'
380.05
754.85

307.48
219.19
2603.73
16535.76
66.89
-2924.40

1989.06
1164.03
1192.18
8223.01		 7049.82
29.01
477.62
1281.70
633.53
435.90
4138.57






17422.43
174.32
565.94
2682.25
1241.90
973.24
9202.27

10125.91

-1008.75
8731.00
26246.53
14046.15
32262.35
804.58
22.71
435.01
1714.30
~~-~~ ~~-~~ ~~-~~ ~~-~~ -
152.18
1031.46
-
263.01
-1008.75
-

-250.44		 804.58
130.89

-8.17
22.71
435.01
1866.48

-

12.57		 130.89

-15.64
0.95
493.69
263.01
-250.44		 122.72
12.57
115.25
494.64
768.45
-758.31
681.86
10.14
319.76
1371.84
-7.94

2.00
-7.94

2.00
11.95

-3.01
-15.88

4.00
23.90

-6.02
-31.76
7.99
-5.94
-5.94
8.94
-11.88
17.88
-23.77
762.51
-764.25
690.80
-1.74
337.64
1348.07
1989.23
-
3.86
3.86
1973.47
-

-3.81

-3.81
1493.13
-

4.57

4.57
1989.23
-

0.05

0.05
1493.13
-

2.14

2.14
1973.44
24441.28
8.11
8.11
_Fa,, ""'
J
e\o, um;ted
~~f~~
z
:mpeJo
hakka,
,-.\ Chairman an
an 1ging Director
.
DIN:01053666

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••
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RUSHIL DECOR LTD., RUSHIL HOUSE, NEAR NEELKANTH GREEN BUNGALOW, OFF SINDHU BHAVAN ROAD, SHILAJ, AHMEDABAD-380058, GUJARAT, INDIA.

REGD. OFFICE: S. NO. 125, NEAR KALYANPURA PATIA, VILLAGE I TLA, GANDHINAGAR-MANSA ROAD, TA. KALOL, DIST. GANDHINAGAR-382845, GUJARAT, INDIA. I CIN: L25209GJ1993PLC019532

PH: +91-79-61400400 I FAX: +91-79-61400401 I EMAIL: [email protected] I WWW.RUSHIL.COM

••• ••• •••

RUSHIL DECOR LIMITED

WE'LL MAKE IT

Segmentwise Reporting for the Quarter and Half Year endned 30th September,2021

(� in lacs) (� in lacs) (� in lacs) (� in lacs) (� in lacs) (� in lacs)
Sr No Particulars
:		 QuarterEnded HalfYearEnded Year ended
30.09.2021 30.06.2021 30.09.2020 30.09.2021 30.09.2020 31.03.2021
(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited)
1
a
b
C
d
e
2

a
b
C
d
e
i
ii
i
3a
3b		 Segment Revenue (Gross)
Laminates & allied products
Particle Board
Medium Density Fiber Board
Polyvinayl Chloride Board
Unallocated
Total
Less: Inter segment revenue
Gross sales from Operations
,_
Segment Results
(Profit)(+)/ (Loss(-) before Tax and Interest):
Laminates & allied products
Particle Board
Medium Density Fiber Board
Polyvinayl Chloride Board
Unallocated
Total
Less:
Interest
Other Unallocable expenditure
Add:
Unallocable Income
Total Profit Before Tax
Segment Assets
a) Laminates & allied products
b) Particle Board
c) Medium Density Fiber Board
d) Polyvinayl Chloride Board
e) Unallocated
Total Segment Assets
Segment Liabilities
a) Laminates & allied products
b) Particle Board
c) Medium Density Fiber Board
d) Polyvinayl Chloride Board
e) Unallocated
Total SeQment Liabilities		 5078.14
-
12100.37
170.07
-
4183.64
-

4951.79

83.95
-
4888.09
-

4516 06

178.20
-
9261.78
-

17052.16

254.02
-
7702.45
-

6597.06

293.98
-

17560.22
-

15592.41

766.44
-
17348.58
216.46
9219.38

120.32
9582.35

72.92
26567.96

336.78
14593.49

177.10
33919.07

374.69
17132.12
9099.06
9509.43
26231.18
14416.39
33544.38
242.06
-
1433.07
-27.80
-
219.42
-

-559.00
-50.98
-
580.34
-
605.94
-38.23
-
461.48
-

874.07
-78.78
-
850.56
-

344.59
-77.46
-

1736.47
149.79
1478.74
-128.65
-
1647.33
576.46
39.41
-
-390.56

587.57

30.62
-

1148.05
307.48
35.99
-
1256.77

1164.03

70.03
-
1117.69

633.53

49.15
-


3236.35
1241.90
127.97
-
1031.46
-1008.75		 804.58
22.71
435.01
1866.48
16785.26
256.84
65824.28
2683.08
-
16823.53

256.84

66816.31

2754.05
-



16255.99
717.91
18697.35
2480.55
41369.48
16785.26

256.84

65824.28

2683.08

-
16255.99

717.91

18697.35

2480.55
41369.48




16216.26
256.84
61633.51
2736.19
-
85549.46
86650.73
79521.28
85549.46
79521.28
80842.80
7260.53
42.50
11608.29
116.73
-
8166.38

42.86

11678.45

227.74
-



6866.19
130.57
5111.81
315.87
3009.13
7260.53

42.50

11608.29

116.73

-
6866.19

130.57

5111.81

315.87
3009.13




6604.71
43.21
9645.26
268.20
-
19028.05
20115.43
15433.57
19028.05
15433.57
16561.38
F: RashU:~~d~~
um;ted
Krupes
. hakkar
Chairman and
anging Director
DIN :0105 3666

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••
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RUSHIL DECOR LTD., RUSHIL HOUSE, NEAR NEELKANTH GREEN BUNGALOW, OFF SINDHU BHAVAN ROAD, SHILAJ, AHMEDABAD-380058, GUJARAT, INDIA.

REGD. OFFICE: S. NO. 125, NEAR KALYANPURA PATIA, VILLAGE ITLA, GANDHINAGAR-MANSA ROAD , TA. KALOL, DIST. GANDHINAGAR-382845, GUJARAT, INDIA. I GIN: L25209GJ1993PLC019532

P H : +9 1-79-61400400 I FAX: +91-79-61400401 I EMAIL: [email protected] I WWW.RUSHIL.COM

••• ••• •••

RUSHIL DECOR LIMITED

WE'LL MAKE IT

Statement of Assets and Liabilities

(� in lacs)

Statement of Assets and Liabilities (� in lacs)
S.No. Particulars As on 30.9.2021 As on 31.3.2021
(Unaudited) (Audited)
ASSETS
1 Non-current assets
a)
Property, Plant and Equ1pment
b)
Capit�I work-in-progress
c)
Other Intangible assets
d)
Financial Assets
(i) Investments
(ii)Trade receivables
(iii)Loans
(iv) Other financial assets
-
e)
Deferred tax assets (net)
f)
Other non-current assets
Sub-Total Non-current assets
2)
Current assets
,.
a)
Inventories
b)
Financial Assets
(ii)Trade receivables
(iii)Cash and cash equivalents
(iv)Bank balances other than (iii) above
(v)Loans
c)
Other current assets
Sub-Total Current assets
TOTALASSETS
EQUIT & LIABILITIES
EQUIT:
a)
Equity Share capital
b)
Other Equity
LIABILITIES:
1)
Non-Current Liabilities
a)
Financial Liabilities
(i) Borrowings
(ii) Other financial liabilities (other than those specified in item (b), to be specified)
b)
Provisions
c)
Deferred tax liabilities (Net)
d)
Other non-current liabilities
Sub-Total Non-Current Liabilities
2)
Current liabilities
a)
Financial Liabilities
(i) Borrowings
(ii)Trade payables
(iii) Other financial liabilities (other than those specified in item (c)
b)
Other current liabilities
c)
Provisions
d)
Current Tax Liabilities (Net)
Sub-Total Current Liabilities
Total Equity and Liabilities		 58284.03
283.11
1.33
1.25
236.54
10.40
665.10
545.03




58718.35
103.92
2.65
1.25
237.23
8.26
660.31
1859.80
~~.~~
60026.79
61591.77
13306.22
7326.25
140.23
546.08
-
4203.89




8427.23
5753.65
155.90
1007.43
-
3906.82
25522.67
85549.46
19251.03

80842.80
1989.23
24412.89
28708.51
897.35
277.72
2838.31
797.67






1973.44
24441.28
29521.11
959.26
238.34
2829.74
800.85
33519.56
34349.30
11410.78
11549.68
114.66
798.92
1753.74
-




8345.60
10256.07
114.35
284.18
1078.58
-
25627.78
85549.46
20078.78

80842.80

. Thakkar Chairma anaging Director 59666

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••
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RUSHIL DECOR LTD., RUSHIL HOUSE, NEAR NEELKANTH GREEN BUNGALOW , OFF SINDHU BHAVAN ROAD, SHILAJ, AHMEDABAD-380058, GUJARAT, INDIA.

REGO. OFFICE: S. NO. 125, NEAR KALYANPURA PATIA, VILLAGE ITLA, GANDHINAGAR-MANSA ROAD , TA. KALOL, DIST. GANDHINAGAR-382845, GUJARAT, INDIA. I CIN: L25209GJ1993PLC019532

PH: +91-79-61400400 I FAX: +91-79-61400401 I EMAIL: [email protected] I WWW.RUSHIL.COM

••• ••• •••

RUSHIL DECOR LIMITED

WE'LL MAKE IT

Unaudited Standalone Cash Flow Statement for the halfyear ended 30th September,2021
(< in lacs)		 Unaudited Standalone Cash Flow Statement for the halfyear ended 30th September,2021
(< in lacs)		 Unaudited Standalone Cash Flow Statement for the halfyear ended 30th September,2021
(< in lacs)
Particulars Half Year Ended
30.09.2021 30.09.2020
(Unaudited) (Unaudited)
(A)Cash Flow From Operating Activities
Profit before tax as per Standalone Statement of Profit & Loss
Adjustments for
Re-measurement gain/(loss) on defined benefit plans
Depreciation and amortization expense
Interest and Finance cost
(Profit)/Loss on disposal of Property, Plant and Equipment
Operating Profit Before Working Capital Changes
-
Adjustment for Change In:
(Increase) / Decrease in Inventories
(Increase)/ Decrease in Trade Receivables
(Increase)/ Decrease in Financial Assets
(Increase)/ Decrease in Other Assets'·
Increase/ (Decrease) in Trade Payables
Increase/ (Decrease) in Financial Liabilities
Increase/ (Decrease) in Other Liabilities
Increase/ (Decrease) in Short Term Provisions
Direct Taxes Paid (Net of Refunds)
NetCash Generated From Operations
(B} Cash flow from Investing activities
Purchase of Propery, Plant and Equipment (including WIP & Pre-operative
Sale of Property, Plant and Equipment
Loans (Given)
Changes in Non Current Assets
Net Cash Generated From Investing Activities
(C) Cash Flow From Financing Activities
Issue of share capital
Securities premium
Increase/ (Decrease) in Long term borrowings
Increase/ (Decrease) in Shor term borrowings
Interest and Finance cost
Dividend Paid (Including Tax On Dividend)
Net Cash Generated From Financing Activities
NetIncrease In Cash & Cash Equivalents
Cash & Cash Equivalents At
Opening
Closing		 22.71
-15.88
1192.18
1164.03
0.14
435.01

23.90

435.90

633.53

-
2340.47
1093.33
2363.18
1528.34
-4878.99
-:.571.91
454.40
-284.10
1246.96
-14.95
550.95
675.16		 297.31

341.71

63.45
67.75
-372.44

979.78
-89.30
319.40
-3822.48
1607.66
-1459.30
-10.44
3136.00
78.94
-1469.74
-937.36
1.50
-
1312.24
3214.94

-2327.98
-
-16.70
164.47
376.38
15.79
72.87
-812.60
3065.18
-1164.03
-99.51
-2180.21

-

-
-122.56
-232.66
-633.53
-
1077.69
-15.67
155.90
140.23
-988.75

45.98

65.50

111.48

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==> picture [130 x 54] intentionally omitted <==

----- Start of picture text -----

••
----- End of picture text -----

RUSHIL DECOR LTD., RUSHIL HOUSE, NEAR NEELKANTH GREEN BUNGALOW, OFF SINDHU BHAVAN ROAD, SHILAJ, AHMEDABAD-380058, GUJARAT, INDIA.

REGO. OFFICE: S. NO. 125, NEAR KALYANPURA PATIA, VILLAGE ITLA, GANDHINAGAR-MANSA ROAD, TA. KALOL, DIS T. GANDHINAGAR-382845, GUJARAT, INDIA. I GIN: L25209GJ1993PLC019532

PH: +91-79-61400400 I FAX: +91-79-61400401 I EMAIL: [email protected] I WWW.RUSHIL.COM

••• ••• •••

RUSHIL DECOR LIMITED WE'L L MAKE IT

Notes:

  1. The above results have been reviewed by the Audit Committee and have been approved .by the Board of Directors of the Company at their respective meetings held on 3[rd ] November, 2021. The Statutory Auditors have carried out a Limited Review of the results for the quarter ended September 30, 2021.

  2. 2 .. Right Issue: On receipt ofright issue call money, 253760 partly paid up rights equity shares were converted into fully paid up equity shares in the fund raising committee meeting of the Company held on 01.04.2021. There has been no deviation in the use of proceeds of the Rights Issue, from the objects stated in the LOF.

  3. Further during the quarter, on receipt of Right Issue balance call money, 274210 partly paid up equity shares were converted into fully paid up shares in the Fund Raising Committee' Meeting of the company held on 09.08.2021. Company has not utilized the said proceeds of 274210 equity shares uptill the quarter ended on 30.09.2021.

  4. Previous year's/period's figure have been regrouped/rearranged wherever necessary.

cor Limited Place: Ahmedabad Date:3[rd ] November, 2021 · - Krup Chairman an aging Director DIN: 01 59666

==> picture [131 x 55] intentionally omitted <==

----- Start of picture text -----

••
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RUSHIL DECQR LTD., RUSHIL HOUSE, NEAR NEELKANTH GREEN BUNGALOW , OFF SINDHU BHAVAN ROAD, SHILAJ, AHMEDABAD-380058, GUJARAT, /ND/A. REGO. OFFICE: S. NO. 125, NEAR KALYANPURA PAT/A, VILLAGE IT LA, GANDHINAGAR-MANSA ROAD , TA. KALOL, 01ST. GANDHINAGAR-382845, GUJARAT, INDIA. I CIN: L25209GJ1993PLC019532

PH: +91-79-61400400 I FAX: +91-79-61400401 I EMAIL: [email protected] I WWW.RUSHIL.COM

==> picture [471 x 30] intentionally omitted <==

Pankaj R. Shah & Associates Chartered Accountants

CA. Dr. Pankaj Shah CA. Chintan Shah CA. Nilesh Shah CA. Manali Shah CA. Sandip Gupta B Com. ,F.C.A., Ph D.ICommercel B Com., L.L.B .. F.C.A. B.Com., L.L.B., F.C.A. B.Com., F.C.A. B.Com., F.C.A. 7th Floo1', Regency Plaza, Opp. Rahul Tower, Near Madhu,, Hall, Anandnagar Cross Road, Satellite, Ahmedabad - 380015. India. Phone : +91-79-2693 1024, 2693 1026, 2693 2587, Fax: +91-79-2693 2874 URL: http://www.prsca.in

Independent Auditors Review Report on the Quarterly & Year to date Unaudited Financial Results of the Company pursuant to the Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, amended

Review Report to, The Board of Directors

RUSHIL DECOR LIMITED

We have reviewed the accompanying statement of unaudited financial results of RUSHIL DECOR LIMITED (the "company") for the quarter and six months ended on 30[th ] September ,2021. and year to date from April 1 2021 to September 30 2021. (the "statement") attached herewith, being submitted by the company pursuant to the requirements of Regulation 33 of the SEBI (Listing obligations & Disclosure Requirements) Regulation,2015, (the Regulation) as amended, (the "Listing Regulations").

The preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" as prescribed under Section 133 of Companies Act, 2013, as amended read with relevant rules issued there under and other accounting principles generally accepted in India, read with the circular is the responsibility of the Company's Management and approved by the Board of Directors of the Company. Our responsibility is to express a conclusion on the statement based on our review.

We conducted our review of the statement in accordance with the Standard on Review Engagement (SRE) 2410, "Review of Interim Financial information performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material

==> picture [474 x 31] intentionally omitted <==

Pankaj R. Shah & Associates Chartered Accountants

Continuation Sheet

==> picture [469 x 29] intentionally omitted <==

misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provide less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.

Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard (" Ind AS") as specified under Section 133 of Companies Act, 2013 as amended, read with relevant rules issued there under and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of the Regulation, read with the Circular including the manner in which it is to be disclosed, or that it contains any material misstatement

OTHER MATTERS

The financial statements of the Company for the Quarter ended on 30[th ] June 2021 & year ended March 31, 2021, were reviewed /audited solely by Parikh & Majmudar Chartered Accounts and have expressed an unmodified opinion on those Quarterly financial statements/Yearly financial statements.

Our opinion is not qualified in respect of this matter.

Date: 03-11-2021 Place: Ahmedabad

For, Pankaj R Shah & Associates Chartered Accountants Registration No.107361W

==> picture [78 x 79] intentionally omitted <==

==> picture [93 x 41] intentionally omitted <==

CA Nilesh Shah Partner Membership No.107414 UDIN: 21107414AAABFN5572

==> picture [469 x 28] intentionally omitted <==

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Interim / Quarterly Report 2026
May 29
Interim / Quarterly Report 2026
May 29
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