Rs 500,00,00,000 export mark in next 4 years: High ROE small-cap stock in green after the company is awarded 3-star export house certification from Government of India!

The stock gave multibagger returns of 130 per cent in 3 years and a whopping 780 per cent in a decade.

Rushil Decor (BSE: 533470, NSE: RUSHIL) a leading company in Laminate and MDF panel boards, announced that they have attained 3-star export house certification, signalling a significant triumph in the realm of international trade. This prestigious recognition from the Directorate General of Foreign Trade, Ministry of Commerce and Industry (Government of India), is a testament to Rushil Decor's unwavering commitment to maintaining quality with innovative design that meets the needs of the international market.

In the first half of the 2023-24 fiscal year, Rush ii Decor showcased exceptional export performance, surpassing expectations by achieving revenues of Rs 116.89 crore. This outstanding achievement played a pivotal role in elevating its stature to 3-star export house status. The company targeting to achieve the Rs 500 crore export mark in the next four years.

Rushil Decor's export prowess has vaulted them to the prestigious 3-Star status, unlocking a treasure trove of benefits: streamlined customs clearances, self-declared imports and exports, exemption from bank guarantees and document negotiations, priority processing, and even free export allowances. This remarkable ascent from a 2 Star House is a testament to their unwavering commitment to international trade, paving the way for further growth and success.

Today, shares of Rushil Décor Ltd plunged surged 2.47 per cent to Rs 381.70 per share with an intraday high of Rs 384.75 and an intraday low of Rs 376. The stock’s 52-week high is Rs 406.70 and its 52-week low is Rs 202.37. The company falls under the BSE Small-Cap Index and has a market cap of over Rs 1,000 crore. In the September quarter, FIIs have increased their stake from 0.92 per cent to 0.95 per cent.

Rushil Décor Ltd., led by Chairman Mr Krupeshbhai G. Thakkar, seeks to become a major player in the Rs 9,000 crore laminates market, tripling their sales to Rs 2,500 crore by FY26 through expanding production capacity, targeting a 12-15 per cent profit margin, and raised Rs 125 crore for greenfield projects, MDF plant development, and corporate needs. Additionally, their AI-powered TV ad campaign for VIR MDF highlights its advantages as a durable and stylish alternative to plywood, aiming to capture a significant market share.

Rushil Decor Ltd is primarily engaged in the manufacturing and sale of laminate sheets, medium-density fibre boards, prelaminated medium-density fibre board boards, polyvinyl chloride (PVC) boards and particle boards.

The shares of the company have an ROE of 25.27 per cent. The stock gave multibagger returns of 130 per cent in 3 years and a whopping 780 per cent in a decade. Investors should keep an eye on this small-cap stock.

Disclaimer: The article is for informational purposes only and not investment advice.