Buy Rushil Decor, target price Rs 543: HDFC Securities

Buy Rushil Decor, target price Rs 543: HDFC Securities
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Synopsis

Rushil Decor Ltd., incorporated in the year 1993, is a Small Cap company (having a market cap of Rs 890.90 Crore) operating in Building Materials sector.

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Promoters held 55.03 per cent stake in the company as of 30-Sep-2022, while FIIs owned 1.33 per cent, DIIs 0.28 per cent.
Securities has buy call on Rushil Decor with a target price of Rs 543. The current market price of . is Rs 442.85.

Rushil Decor Ltd., incorporated in the year 1993, is a Small Cap company (having a market cap of Rs 890.90 Crore) operating in Building Materials sector.

Ltd. key Products/Revenue Segments include Decorative Laminates, Other Operating Revenue for the year ending 31-Mar-2022.


Financials
For the quarter ended 30-09-2022, the company reported a Standalone Total Income of Rs 203.84 Crore, down -3.37 % from last quarter Total Income of Rs 210.95 Crore and up 18.84 % from last year same quarter Total Income of Rs 171.52 Crore. Company reported net profit after tax of Rs 26.68 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 55.03 per cent stake in the company as of 30-Sep-2022, while FIIs owned 1.33 per cent, DIIs 0.28 per cent.
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