Slide 1: Investor Presentation Q2 & H1 FY22
Investor Presentation Q2 & H1 FY22
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Rushil Décor Limited (the “Company”) solely for information purposes and does not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any cont
Slide 3: Table of Contents
Table of Contents 01 Financial Highlights 02 Company Overview 03 Business Overview 04 Industry Overview 05 Way Ahead 3
Slide 4: Financial Highlights
Financial Highlights
Slide 5: Management Comment
Management Comment “In the quarter ended September 2021, we reported a 80.16% YoY growth in revenue, with EBITDA growing 67.83% to Rs. 21.90 crores with a PAT of Rs. 7.68 crores. As for half year, we recorded a revenue of Rs. 262.31 crores. This is mainly due to substantial increase in sales volumes
Slide 6: Financial Highlights – Quarterly
Financial Highlights – Quarterly Sales Volume Segmental Revenue (Rs. Crs)* 8,56,184 8,09,585 121.00 7,67,040 7,27,151 6,00,123 48.88 49.66 48.9248.19 50.78 45.16 41.76 41.84 49.52 19,780 53,937 22,628 20,020 19,971 1.78 1.89 2.83 1.70 0.84 344 407 554 148 288 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22
Slide 7: Financial Highlights – Quarterly
Financial Highlights – Quarterly Rs. Crore Q2 FY22* Q2 FY21* Y-o-Y (%) Q1 FY22* Total Income 171.32 95.09 80.16% 90.99 • Increase in Income by Raw Materials 93.39 48.46 43.40 80.16% Y-o-Y mainly Employee Cost 10.30 7.55 9.59 due to higher volumes and better realizations Other Expenses 45.73 26.04 36
Slide 8: Financial Highlights – Half Yearly
Financial Highlights – Half Yearly Rs. Crore H1 FY22* H1 FY21* Y-o-Y (%) Total Income 262.31 144.16 81.95% Raw Materials 136.78 75.56 Employee Cost 19.89 12.82 Other Expenses 82.23 41.39 ▪ Half-year numbers have Total Expenditure 238.90 129.77 been impacted due to EBITDA 23.41 14.40 62.60% Q1 FY22 p
Slide 9: Balance Sheet as on 30th Sept’21
Balance Sheet as on 30th Sept’21 As on 30th As on 31st As on 30th As on 31st Rs. Crore Rs. Crore Sept 2021 Mar 2021 Sept 2021 Mar 2021 Equity 264.02* 264.15 Non-current Assets 600.27 615.92 Equity Share Capital 19.89 19.73 Property, Plant and Equipment 582.84 587.18 Other Equity 244.13 244.41 Capita
Slide 10: Company Overview
Company Overview
Slide 11: Leading Interior Infrastructure Player in India – ‘Re-engineering Possibilities’
Leading Interior Infrastructure Player in India – ‘Re-engeering Possibilities’ One of the leading player in manufacturing Decorative Laminate Sheets and Medium Density Fibre Boards (MDF) in India Focussed on 3 One of the segments, 4 Generations in Largest player in Laminates MDF + LAMINATES + PVC Bu
Slide 12: 28 years of Growth & Experience
Milestones ▪ Amalgamation Of MRPL & RHPL Manufacturing Units ▪ Signed MOU with Into Rushil Decor Private Andhra Pradesh ▪ Started Government to Limited manufacturing of ▪ Converted from private to ▪ Listing with BSE & establish project pre-laminated of Thin & Thick public company NSE through MDF Boa
Slide 13: Strong & Experienced Management Team
Strong & Experienced Management Team Shri Krupeshbhai G. Thakkar – Chairman ▪ Experience in industry of laminated sheets and allied items ▪ Conferred with several accolades which include “Rajiv Gandhi Shiromani Award” and “Indira Gandhi Sadbhavana Award” in 2007 for his achievement in his field of w
Slide 14: Key Strengths
Key Strengths Customer Education and Smart Fashion + Design First, Quality First Brand Approach Value-based green products ▪ With over 1000+ designs in laminated 05 ▪ DIY (Do-it-Yourself) trend amongst millennials sheet, gives Company unmatched – trendy, suitable to lifestyle and easy on 01 pocket c
Slide 15: Key Strength - Strategic Manufacturing Advantage
Key Strength - Strategic Manufacturing Advantage World-class infrastructure modelled on International Technical Plants Higher Reduced cost Environmental Manufacturing Unit productivity of overheads compliance Strategic Location Raw material Manufacturing sourcing Labour cost costs Energy & time effi
Slide 16: Business Overview
Business Overview
Slide 17: Product Portfolio
Product Portfolio Laminates MDF Boards PVC APPLICATIONS : APPLICATIONS : Great alternative to solid wood, particle Partitioning, Panelling, False Ceiling, Furniture, 1mm Master Series | Compact | Ext-Lam | Digital Modular Furniture, Kitchens, Exhibitions and board and plywood Layer | Unicolor | Sync
Slide 18: Product Portfolio - Laminates
Product Portfolio - Laminates Laminates Sales (in Crs) Products 181.33 182.93 177.22 175.6 Our Brands 163.37 2017 2018 2019 2020 2021 Manufacturing Units Capacity Utilization 3 (all based in Gujarat, India) 34.9 lakh sheets per annum 78% (FY21) Advantage Marketing • Attractive • Safe • Durable One o
Slide 19: Product Portfolio – MDF Boards
Product Portfolio – MDF Boards MDF Sales (in Crs) Products 172.52 167.07 Our Brands 156.74 156.46 155.92 2017 2018 2019 2020 2021 Manufacturing Units Capacity Utilization • 1 (based in Karnataka, India) • New unit added in Andhra Pradesh 1,100 CBM/day (after 82% (FY21) • State of art CNC machines th
Slide 20: Product Portfolio – PVC
Product Portfolio – PVC PVC Sales (in Crs) Products 7.66 7.12 6.38 Our Brands Wide range of PVC Boards both in 0 0.41 Interior & Exterior grades 2017 2018 2019 2020 2021 Manufacturing Unit Capacity Utilization Chikmagalur, Karnataka Operations Commenced 12,480 14% (FY21) 2018 CBM per annum Advantage
Slide 21: VIR Studdio – Creating Brand Awareness
VIR Studdio – Creating Brand Awareness Branding through VIR Studdio Branding through Advertisements • Unique marketing platform across Country - displays entire product range at one location • Live practical end use demonstration in very practical and effective manner - helping customers to visualiz
Slide 22: Our Product Proposition – Design led Value Engineering
Our Product Proposition – Design led Value Engineering Laminates MDF Boards PVC Value Proposition Design Leaders Quality Experts Value Engineering Customer ▪ Competitively priced products Vantage ▪ Competitively priced products for ▪ Quality extruded products for Price-point domestic and export mark
Slide 23: Our Manufacturing Facilities
Our Manufacturing Facilities Laminates - MDF and PVC - Gujarat Karnataka • Unit – RDL, 608, GIDC Mansa, Dist. Unit – RDL, Plot No. 58, 59 & 60p, Amble Gandhi Nagar, Gujarat Industrial Estate Village, Amble Tal. & • Unit – MRPL, Dholakuva Patia, Dis. Chikmagalur, Karnataka Gandhinagar-Mansa Road, Man
Slide 24: New Manufacturing Plant - 2nd MDF Unit
New Manufacturing Plant - 2nd MDF Unit MDF – product with wide applications ▪ Modular furniture ▪ Greenfield project for manufacturing thin + thick MDF Boards at Vishakhapatnam, Andhra Pradesh ▪ Kitchens having installed capacity of 800 CBM per day or 2,40,000 CBM per annum – 50% expected ▪ Cabinet
Slide 25: Our Distribution Model & Market Reach
Our Distribution Model & Market Reach MARKETING & DISTRIBUTION MODEL ▪ 80+ Distributors ▪ 7 Consignment 1 2 3 Stockiest ▪ 1,600+ Dealers Factory Factory Factory ▪ Export Presence in 42 countries Company Larger Distributor 3 Laminate Units Depot Contractors / at Gujarat Builders / Manufacturers Distr
Slide 26: Our Exports shadowing global consumption
Our Exports shadowing global consumption Laminates – Geography-wise Sales Furniture Market 2020-27* Wood Material Segment Asia Pacific CAGR 5.5% In $ Bn 27% 2021-27 785 2020 Indonesia Europe Market Market Size Kitchen 545.78 13% 2% Value 2020 Cabinet Latin $42 Bn Segment APAC - $270 bn America NA -
Slide 27: Awards & Recognition
Awards & Recognition Mr. Krupesh G. Thakkar, Chairman of Company has three decades of experience in trading and manufacture of plywood, laminates and allied products. He has been conferred with accolades which include “Rajiv Gandhi Shiromani Award” and "Indira Gandhi Shadbhavna Award" in year 2007,
Slide 28: Industry Overview
Industry Overview
Slide 29: Furniture of the Future: Made with MDF
Furniture of the Future: Made with MDF Regional Demand for MDF in India MDF v/s Plywood Consumption Others, ▪ Made from wood, fibres and resin 10% Plywood MDF ▪ Sourced through agroforestry ▪ Machine dried and pressed to West, produce dense, stable sheets 15% ▪ DIY (Do-it-yourself) trends gaining So
Slide 30: Huge opportunity in MDF and PVC from surge in demand
Huge opportunity in MDF and PVC from surge in demand Laminates Industry Snapshot ▪ Industry size – INR 5,000 Percentage share of organized/ unorganized furniture industry ▪ Consumption of Indian panel products has grown at crore CAGR of 15-20% for organised segment ▪ 40% organized sector ▪ Increasin
Slide 31: The Agro-Forestry Edge
The Agro-Forestry Edge Win-win for Farmers & RDL ▪ Active participation in government-sponsored agroforestry projects What is agroforestry? ▪ Farmers in coffee growing regions of South India growing Land use system which integrate trees and shrubs on trees on their farmland. Singapore farmlands and
Slide 32: Way Ahead
Way Ahead
Slide 33: Strategies for Growth – in line with Company’s Vision
Strategies for Growth – in line with Company’s Vision Brand Enhancement & Increasing Market Reach Diversifying Product Portfolio by Strengthening Infra Support ▪ Focus on expanding distributor network - opening new marketing offices, appointment of new distributors ▪ Enrich product portfolio of MDF
Slide 34: Growth Outlook - 4F Focus: Favourable Furniture Fundamentals
Growth Outlook - 4f Focus : Favourable Furniture Fundamentals Fundamentals of Growth Future of Furniture ▪ Product Penetration through ▪ MDF & PVC led Value Demand Drivers for Furniture multiple customer channels engineering Industry – Global & Local ▪ Housing Deficit & Macro ▪ Quality performance T
Slide 35: Thank You
Thank You For further information, please contact: Mr. Vipul Vora Mr Amit Sharma / Ms Disha Shah Chief Financial Officer Bridge Investor Relations Pvt. Ltd. Rushil Decor Ltd Tel: +91 9867726686 / +91 9699060134 Email: vipul@rushil.com Email: amit@bridge-ir.com, disha@bridge-ir.com Website: www.rushi