Marvel Decor

Jamnagar, India Founded: 1995 • Age: 31 yrs Listed
Home interior products including blinds and curtain rods are supplied.

About Marvel Decor

Marvel Decor is a publicly listed company based in Jamnagar (India) founded in 1995 by Ashok Paun. It operates as a home interior products including blinds and curtain rods are supplied. The company has 96 employees. Its Indian entity Marvel Decor Limited reported revenue of β‚Ή30.38 Cr. Its focus areas include Real Estate and Construction, Building Materials, Interiors and Diversified. Its competitors include EGGER, LIXIL, Wickes, JuuNoo and Hardware Resources and 5 more; 4 of its 10 listed competitors have raised funding.

Company details

Marvel Decor was established in 1995 and is based in Jamnagar, India. Operations focus on the supply of home interior products within the furnishings sector. The product lineup encompasses roller blinds, wooden blinds, Venetian blinds, bamboo blinds, and curtain rods. Distribution occurs through standard supplier channels to support residential interior needs. Leadership is provided by founder and managing director Ashok Paun.

  • Headquarters Jamnagar, India
  • Employees 96
  • Founders Ashok Paun
  • Stage Public
  • Sectors
    Real Estate & Construction
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website marvellifestyle.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Marvel Decor Ltd.
Key Metrics
  • Market Cap
    ₹83.82 Cr

    MDL-SM · NSE

  • Share Price
    ₹50.95

    +7.83% today

  • Revenue
    ₹68.47 Cr

    FY 2025-26 · +8.5% YoY

  • EBITDA
    ₹4.72 Cr

    Margin 6.9%

  • Net Profit
    ₹4.47 Cr

    FY 2025-26 · +14.3% YoY

  • P/E (TTM)
    18.8x

    P/B 1.3x

  • ROE
    6.7%

    ROCE 7.8%

  • Debt / Equity
    0.29

    Interest cover 55.0x

  • Employee Count
    96

Apps and channels of Marvel Decor

its YouTube channel Marvel Decor Ltd has 671 subscribers and 30 videos.

Marvel Decor Ltd
YouTube 671 subscribers 30 videos Howto & Style
Open channel

Videos from Marvel Decor

The most watched videos on Marvel Decor's YouTube channel, Marvel Decor Ltd (671 subscribers). Click a video to play it here.

Roller Blinds by Marvel "Seamless Beauty & Elegant Privacy.
14.3K views
Colby Blinds Automation
7.1K views
Explore Stylish Marvel Window Blinds to transform Light & Luxury
6.1K views
Roman Blinds Video
6K views

More on Marvel Decor Ltd.

Board of directors of Marvel Decor Limited (Marvel Decor)

Marvel Decor Limited is the primary company behind Marvel Decor. The board of Marvel Decor Limited currently have 8 directors; the longest-serving is Ashok Ramniklal Paun, appointed in 1996. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ashok Ramniklal Paun
DIN 01662273
Managing Director04 Oct 199630 yrsMarvel Decor Limited
Urmi Ashok Paun
DIN 01662228
Director07 Oct 200026 yrsMarvel Decor Limited
Dipti Paun
DIN 01662149
Director01 Apr 201016 yrs 6 moMarvel Decor Limited
Dipak Ramniklal Paun
DIN 01662090
Director01 Apr 201016 yrs 6 moMarvel Decor Limited
Rajesh Jivanlal Morzaria
DIN 08042513
Director24 Jan 20188 yrs 8 moMarvel Decor Limited
Dhansukhbhai Jasmatbhai Devani
DIN 01023482
Director24 Jan 20188 yrs 8 moMarvel Decor Limited
Khwahish Paun
DIN 09128375
Director12 Apr 20215 yrs 6 moMarvel Decor Limited
Dhiren Mansukh Shah
DIN 01457389
Director17 Jul 20215 yrs 3 moMarvel Decor Limited

People of Marvel Decor

1 people are tracked at Marvel Decor (1 in leadership); the tracked headcount is 96.

NameRoleGroup
Founder & Managing DirectorLeadership
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  • Team structure
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IPO & Listings of Marvel Decor

Marvel Decor is a publicly listed company on the NSE with ticker symbol MDL in India, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date23 Mar 2018
  • Listed onNSE: MDL
  • Listed entityMarvel Decor Ltd.
  • Exchange sectorConsumer durables
  • ISININE575Z01010
  • Share price₹52.00 (-0.57% on the day) · 2026-10-13
  • Market capitalisation₹92.2 Cr
  • Volume (last session)5,000

Financials of Marvel Decor

Exchange-reported figures of Marvel Decor Limited, the listed company behind Marvel Decor (NSE: MDL-SM).

Financial Highlights

FY 2025-26 Β· Consolidated
Revenue
₹68.47 Cr
+8.5% YoY
EBITDA
₹4.72 Cr
-25.6% YoY
Profit After Tax
₹4.47 Cr
+14.3% YoY
Net Worth
₹66.32 Cr
+5.9% YoY
Total Assets
₹87.68 Cr
+12.0% YoY
Total Debt
₹21.36 Cr
+36.0% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue68.4763.1153.4349.6741.2227.8529.55
Revenue growth+8.5%+18.1%+7.6%+20.5%+48.0%-5.8%-
EBITDA4.726.346.133.203.722.814.28
EBITDA margin+6.9%+10.1%+11.5%+6.4%+9.0%+10.1%+14.5%
Profit before tax4.954.233.582.571.780.231.60
Net profit4.473.913.202.051.330.060.27
Net profit margin+6.5%+6.2%+6.0%+4.1%+3.2%+0.2%+0.9%
EPS (β‚Ή)2.452.161.891.190.780.020.16
Balance sheet
Total assets87.6878.3265.0161.4357.0155.6156.59
Net worth66.3262.6150.7747.6045.3243.8343.73
Total debt21.3615.7114.2413.8311.1111.1311.22
Cash & bank0.771.230.480.420.291.330.21
Net working capital65.0458.8748.2142.9638.1337.4837.26
Cash flow
Cash from operations(0.66)(4.56)(0.47)(0.68)1.863.172.57
Cash from investing(5.46)(4.17)0.12(1.33)(2.73)(1.01)(4.52)
Cash from financing5.669.480.412.14(0.17)(1.04)1.11
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue36.7732.9929.1727.9626.3121.5329.08
Revenue growth+11.5%+13.1%+4.3%+6.3%+22.2%-26.0%-
EBITDA1.993.093.551.752.702.844.67
EBITDA margin+5.4%+9.4%+12.2%+6.3%+10.3%+13.2%+16.1%
Profit before tax2.411.561.491.411.250.393.34
Net profit1.811.161.111.111.030.242.44
Net profit margin+4.9%+3.5%+3.8%+4.0%+3.9%+1.1%+8.4%
EPS (β‚Ή)1.010.660.650.650.610.141.44
Balance sheet
Total assets80.2273.4262.7262.1858.3657.2557.20
Net worth59.7258.5549.4148.3547.2546.2245.98
Total debt20.5114.8613.3113.8311.1111.0311.22
Cash & bank0.160.550.190.070.080.430.17
Net working capital43.5440.7332.2330.8132.8936.6636.36
Cash flow
Cash from operations(3.32)(3.32)1.197.745.82(0.41)4.15
Cash from investing(2.76)(3.85)(0.74)(7.65)(6.25)(0.94)(5.03)
Cash from financing5.697.53(0.32)(0.10)0.081.610.42

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 21 Oct 2026
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue68.4763.1153.4349.6741.2227.8529.55
Revenue growth+8.5%+18.1%+7.6%+20.5%+48.0%-5.8%-
Other income3.741.140.742.781.590.860.94
Total expenses63.7556.7747.3046.4737.5025.0425.27
Employee cost13.4010.588.527.586.293.252.76
EBITDA4.726.346.133.203.722.814.28
EBITDA margin+6.9%+10.1%+11.5%+6.4%+9.0%+10.1%+14.5%
Depreciation2.031.721.711.901.972.142.29
Interest1.481.531.581.511.561.301.33
Profit before tax4.954.233.582.571.780.231.60
Tax0.600.400.370.310.220.150.90
Net profit4.473.913.202.051.330.060.27
Net profit margin+6.5%+6.2%+6.0%+4.1%+3.2%+0.2%+0.9%
EPS (β‚Ή)2.452.161.891.190.780.020.16
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital17.7417.7417.0417.0417.0417.0417.04
Reserves & surplus48.5844.8733.7330.5628.2826.7926.69
Shareholders' funds (net worth)66.3262.6150.7747.6045.3243.8343.73
Minority interest0.000.000.000.000.580.651.64
Secured loans15.3614.9213.8413.7611.1111.1311.20
Unsecured loans6.000.790.400.070.000.000.02
Total debt21.3615.7114.2413.8311.1111.1311.22
Total liabilities87.6878.3265.0161.4357.0155.6156.59
Assets
Gross block38.4535.0931.2028.9827.8226.4326.93
Net block18.8316.8014.5415.6515.8515.9417.57
Capital work in progress0.000.000.000.000.000.000.00
Investments0.000.000.000.000.000.000.00
Inventories55.0650.9445.7241.2638.8936.5835.21
Sundry debtors17.0213.1110.168.045.615.376.20
Cash & bank balances0.771.230.480.420.291.330.21
Loans & advances4.514.862.562.431.871.324.27
Total current assets77.3670.1458.9252.1546.6644.6045.89
Total current liabilities12.3211.2710.719.198.537.128.63
Net working capital65.0458.8748.2142.9638.1337.4837.26
Total assets87.6878.3265.0161.4357.0155.6156.59
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash1.230.480.420.291.330.211.04
Net cash from operating activities(0.66)(4.56)(0.47)(0.68)1.863.172.57
Net cash from investing activities(5.46)(4.17)0.12(1.33)(2.73)(1.01)(4.52)
Net cash from financing activities5.669.480.412.14(0.17)(1.04)1.11
Net change in cash(0.46)0.750.060.13(1.04)1.12(0.83)
Closing cash0.771.230.480.420.291.330.21
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+8.5%+18.1%+7.6%+20.5%+48.0%-5.8%-
EBITDA growth-25.6%+3.4%+91.6%-14.0%+32.4%-34.4%-
PBT growth+17.0%+18.2%+39.3%+44.4%+673.9%-85.6%-67.4%
Net income growth+14.3%+22.2%+56.1%+54.1%+2116.7%-77.8%-
Revenue CAGR (3Y)+11.3%+15.3%+24.3%+18.9%+16.3%-4.6%-
EBITDA CAGR (3Y)+13.8%+19.5%+29.7%-9.2%-17.7%-29.5%-
Profitability & leverage
Net income margin+6.4%+6.1%+6.0%+4.6%+3.8%+0.3%+2.4%
Return on capital employed+7.8%+8.0%+8.2%+6.9%+6.0%+2.8%+5.7%
Return on net worth+6.7%+6.7%+6.6%+4.9%+3.5%+0.2%+1.7%
Debt / equity0.290.260.290.270.250.260.19
Long-term debt / equity0.070.020.030.030.050.060.03
Interest cover55.0233.1235.75116.1589.14194.0366.83
Efficiency & per share
Fixed asset turnover1.861.901.781.751.521.041.19
Inventory turnover1.291.311.231.241.090.780.88
Debtors turnover4.545.425.877.287.514.815.40
EPS (β‚Ή)2.452.161.891.190.780.020.16
Dividend per share (β‚Ή)0.000.000.000.000.000.000.00
Book value per share (β‚Ή)37.3835.3029.7927.9326.6025.7225.66
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue36.7732.9929.1727.9626.3121.5329.08
Revenue growth+11.5%+13.1%+4.3%+6.3%+22.2%-26.0%-
Other income3.521.090.642.421.510.401.73
Total expenses34.7829.9025.6226.2123.6118.6924.41
Employee cost6.315.153.483.292.451.562.46
EBITDA1.993.093.551.752.702.844.67
EBITDA margin+5.4%+9.4%+12.2%+6.3%+10.3%+13.2%+16.1%
Depreciation1.681.321.251.371.481.651.84
Interest1.421.301.451.391.481.201.22
Profit before tax2.411.561.491.411.250.393.34
Tax0.600.400.370.300.220.150.90
Net profit1.811.161.111.111.030.242.44
Net profit margin+4.9%+3.5%+3.8%+4.0%+3.9%+1.1%+8.4%
EPS (β‚Ή)1.010.660.650.650.610.141.44
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital17.7417.7417.0417.0417.0417.0417.04
Reserves & surplus41.9840.8132.3731.3130.2129.1828.94
Shareholders' funds (net worth)59.7258.5549.4148.3547.2546.2245.98
Secured loans15.2814.8612.9113.7611.1111.0311.20
Unsecured loans5.230.000.400.070.000.000.02
Total debt20.5114.8613.3113.8311.1111.0311.22
Total liabilities80.2273.4262.7262.1858.3657.2557.20
Assets
Gross block28.2025.4422.4322.6522.1721.7521.18
Net block11.2510.178.479.3810.2011.2612.35
Capital work in progress0.000.000.000.000.000.000.00
Investments24.2822.0921.5521.2314.188.367.92
Inventories33.0632.5828.9725.8825.2726.8728.11
Sundry debtors17.1312.009.259.8211.9813.5112.14
Cash & bank balances0.160.550.190.070.080.430.17
Loans & advances1.382.981.351.571.151.014.10
Total current assets51.7348.1139.7637.3438.4841.8244.52
Total current liabilities8.197.387.536.535.595.168.16
Net working capital43.5440.7332.2330.8132.8936.6636.36
Total assets80.2273.4262.7262.1858.3657.2557.20
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.550.190.070.080.430.170.63
Net cash from operating activities(3.32)(3.32)1.197.745.82(0.41)4.15
Net cash from investing activities(2.76)(3.85)(0.74)(7.65)(6.25)(0.94)(5.03)
Net cash from financing activities5.697.53(0.32)(0.10)0.081.610.42
Net change in cash(0.39)0.360.13(0.01)(0.35)0.26(0.46)
Closing cash0.160.550.190.070.080.430.17
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+11.5%+13.1%+4.3%+6.3%+22.2%-26.0%-
EBITDA growth-35.6%-13.0%+102.9%-35.2%-4.9%-39.2%-
PBT growth+54.5%+4.7%+5.7%+12.8%+220.5%-88.3%-36.6%
Net income growth+56.0%+4.5%0.0%+7.8%+329.2%-90.2%-
Revenue CAGR (3Y)+9.6%+7.8%+10.7%-1.3%-8.2%-12.5%-1.2%
EBITDA CAGR (3Y)+4.4%+4.6%+7.7%-27.9%-26.9%-29.2%+12.4%
Profitability & leverage
Net income margin+4.9%+3.5%+3.8%+4.0%+3.9%+1.1%+8.4%
Return on capital employed+5.0%+4.2%+4.7%+4.6%+4.7%+2.8%+8.7%
Return on net worth+3.0%+2.2%+2.3%+2.3%+2.2%+0.5%+5.5%
Debt / equity0.300.260.280.260.240.240.18
Long-term debt / equity0.060.020.030.030.050.050.03
Interest cover458.0673.4563.04365.79121.31100.8443.11
Efficiency & per share
Fixed asset turnover1.371.381.291.251.201.001.39
Inventory turnover1.121.071.061.091.010.781.07
Debtors turnover2.523.103.062.572.061.682.65
EPS (β‚Ή)1.010.660.650.650.610.141.44
Dividend per share (β‚Ή)0.000.000.000.000.000.000.00
Book value per share (β‚Ή)33.6633.0129.0028.3827.7327.1226.98

Competitors of Marvel Decor

Marvel Decor has 10 listed competitors in our database, 4 of them funded. They include EGGER, LIXIL, Wickes, JuuNoo and Hardware Resources, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
egger.com1961Tirol, Austria–9
Home decor and furniture products are manufactured by EGGER.
lixil.com1949Koto, Japan–223
Manufacturer of exterior & interior building materials, and construction management services
wickes.co.uk1972Watford, United Kingdom––
Supplier of construction products
juunoo.com2017Harelbeke, Belgium$10.41M22
Glass walls, windows, and doors are manufactured by JuuNoo.
hardwareresources.com1989Bossier, United States–645
Products for kitchen cabinets, baths, and closets are manufactured.
zzsupei.com2015Xiamen, China$22.96M–
Provider of tile floor, door & window lock, paint switch, and bathroom ceilings services
armstrongceilings.com1860Lancaster, United States–4
Provider of ceiling and wall solutions for commercial and residential spaces
thinkalpen.com1986Niwot, United States$16.1M–
High-performance windows, doors, and architectural glass are manufactured.
kronospan.com1897Eastaboga, United States–714
Flooring, wall panels, and other interior building materials are manufactured.
rocaindustry.com1976Tyreso, Sweden$11.41M–
Glass fittings, smoke ventilations, and building materials are manufactured.
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Detailed competitors of Marvel Decor

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Web traffic of Marvel Decor

The website of Marvel Decor (marvellifestyle.com) receives about 9.3K visits a month.

  • Monthly visits
    9.3K

    ▼ 35.6% vs previous month

Similar websites

Websites whose visitors overlap most with Marvel Decor. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
vistafashions.com
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blindalley.com
blindalley.com
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houseandgarden.co.uk
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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Building Materials

10 companies that operate in the same segment as Marvel Decor (Building Materials), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Construction materials and building products are supplied by Boral.
1946Sydney, New South Wales, AustraliaUSD 22.4 M––
Manufacturer of cement, gypsum plaster, tile adhesives, and wood finishing products
1975Kanpur, Uttar Pradesh, India–USD 1.44 B11,790
Industrial and decorative paints are manufactured along with related solutions.
1942Mumbai, Maharashtra, India–USD 3.79 B33,600
Diversified building materials are manufactured and supplied worldwide.
1970Dublin, Ireland–USD 37.45 B79,800
Specializes in designing and manufacturing aesthetically pleasing bathroom solutions
1960Gurugram, Haryana, India–––
Vectus is recognized as a leading manufacturer of water storage solutions in India.
1989Noida, Uttar Pradesh, IndiaUSD 16.7 M––
Glass products are manufactured for construction, automotive, and industrial sectors.
1985Delhi, Delhi, IndiaUSD 147.22 MUSD 212.02 M1,293
Piping systems are designed, manufactured, and distributed for multiple sectors.
2003Brussels, Brussels-capital Region, BelgiumUSD 260 M––
Developer of chemical products, construction & packaging materials, and water solutions
1802United States–USD 6.85 B24,000
Industrial tools and equipment are supplied globally by Kennametal.
1938Latrobe, Pennsylvania, United States–USD 1.97 B8,119
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Related news about Marvel Decor

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Frequently Asked Questions about Marvel Decor

Marvel Decor was founded in 1995.

Marvel Decor is headquartered in Jamnagar, India. It is registered at Jamnagar, Gujarat, India.

Marvel Decor has 96 employees.

The primary company behind Marvel Decor, Marvel Decor Limited, reported revenue of β‚Ή30.38 Cr for FY 2023, up 23% year on year.

Marvel Decor was established in 1995 and is based in Jamnagar, India. Operations focus on the supply of home interior products within the furnishings sector. The product lineup encompasses roller blinds, wooden blinds, Venetian blinds, bamboo blinds, and curtain rods. Distribution occurs through standard supplier channels to support residential interior needs. Leadership is provided by founder and managing director Ashok Paun.

Marvel Decor's top competitors include Armstrong World Industries, EGGER and LIXIL.

Yes, Marvel Decor is publicly traded on NSE under the ticker symbol MDL.

Marvel Decor operates through Marvel Decor Limited.

The legal entities of Marvel Decor currently have 9 directors, including Dipti Paun, Urmi Ashok Paun, Rajesh Jivanlal Morzaria and others.

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