
About Shangar Decor
Shangar Decor is a publicly listed company based in Ahmedabad (India) founded in 1970 by Samir Shah. Home decor and event management services are provided. Its chief executive, as recorded, is Samir Shah. Its Indian entity Shangar Decor Limited reported revenue of βΉ23.27 Cr. Shangar Decor offers products and services including Pre-wedding Decor, Corporate Events Decor, Religious Events Decor, and Lights Decor. Its focus areas include Consumer, Professional Consumer Services, Event Vendors and Multi-Category. Its competitors include The Wedding Design, Q Events by Geeta Samuel and Meghha Flowers.
Company details
Shangar Decor was founded in 1970 and is headquartered in Ahmedabad, India. Operations focus on the home decor and event management sector, with services encompassing interior design solutions and comprehensive event planning. The company is led by Samir Shah as founder and CEO. Activities are centered in the Indian market, supporting residential and commercial projects through established local networks.
- Headquarters Ahmedabad, India
- Founders Samir Shah
- Stage Public
- SectorsBusiness Services
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website shangardecor.com
- Social Facebook
- Legal Name Shangar Decor Ltd.
- Market Cap₹10.28 Cr
SHANGAR · BSE
- Share Price₹0.22
+4.76% today
- Revenue₹23.26 Cr
FY 2025-26 · +25.2% YoY
- EBITDA₹5.43 Cr
Margin 23.3%
- Net Profit₹1.47 Cr
FY 2025-26 · +83.8% YoY
- P/E (TTM)3.5x
P/B 0.2x
- ROE2.5%
ROCE 3.6%
- Debt / Equity0.06
Interest cover 7.2x
Associated legal entities of Shangar Decor
Shangar Decor operates through Shangar Decor Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Shangar Decor Limited Listed CIN L36998GJ1995PLC028139 | Active | 16 Nov 1995 | Ahmedabad, Gujarat | ₹23.3 Cr | 1 | 11 | View details |
Products & Services of Shangar Decor
Shangar Decor offers a comprehensive portfolio of products and services, including Pre-wedding Decor, Corporate Events Decor, Religious Events Decor, and Lights Decor.
Services for pre-wedding functions like engagement and mehendi ceremonies
Decoration for corporate events to enhance networking and impressions
Services for religious events with top-class decoration setups
Lighting solutions for various events to impact guest experiences
Board of directors of Shangar Decor Limited (Shangar Decor)
Shangar Decor Limited is the primary company behind Shangar Decor. The board of Shangar Decor Limited currently have 8 directors; the longest-serving is Samirbhai Rasiklal Shah, appointed in 1995. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Samirbhai Rasiklal Shah DIN 00787630 | Managing Director | 25 Nov 1995 | 30 yrs 11 mo | Shangar Decor Limited |
| Saumil Shrenikbhai Shah DIN 01601299 | Director | 01 Nov 2006 | 20 yrs | Shangar Decor Limited |
| Moulin Samir Shah DIN 08948652 | Director | 22 Aug 2020 | 6 yrs 2 mo | Shangar Decor Limited |
| Bhavinkumar Arvindkumar Patel DIN 06604431 | Director | 03 Sep 2024 | 2 yrs 2 mo | Shangar Decor Limited |
| Aanal Milankumar Satyawadi DIN 07381381 | Director | 03 Sep 2024 | 2 yrs 2 mo | Shangar Decor Limited |
| Jalpa Moulin Shah DIN 11270767 | Director | 03 Sep 2025 | 1 yr 2 mo | Shangar Decor Limited |
| Darshil Hemendrakumar Shah DIN 09013533 | Additional Director | 03 Apr 2026 | 7 mo | Shangar Decor Limited |
| Konark Piyushbhai Patel DIN 10832659 | Additional Director | 03 Apr 2026 | 7 mo | Shangar Decor Limited |
People of Shangar Decor
1 people are tracked at Shangar Decor (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for Shangar Decor
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Shangar Decor
Shangar Decor is a publicly listed company on the BSE with ticker symbol SHANGAR in India, operating in the Commercial services 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 Jan 2017
- Listed onBSE: 540259
- Listed entityShangar Decor Ltd.
- Exchange sectorCommercial services
- ISININE118R01032
- Share price₹0.22 · 2026-10-14
- Market capitalisation₹10.8 Cr
- Price to earnings5.3
- EPS (diluted, trailing year)₹0.04
- Volume (last session)464,635
Financials of Shangar Decor
Exchange-reported figures of Shangar Decor Limited, the listed company behind Shangar Decor (BSE: SHANGAR).
Financial Highlights
FY 2025-26 Β· StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 23.26 | 18.58 | 12.99 | 9.66 | 6.20 | 3.44 | 6.94 |
| Revenue growth | +25.2% | +43.0% | +34.5% | +55.8% | +80.2% | -50.4% | - |
| EBITDA | 5.43 | 3.19 | 2.44 | 1.57 | 1.25 | 1.28 | 1.16 |
| EBITDA margin | +23.3% | +17.2% | +18.8% | +16.3% | +20.2% | +37.2% | +16.7% |
| Profit before tax | 2.08 | 1.26 | 1.07 | 0.28 | 0.10 | 0.31 | 0.40 |
| Net profit | 1.47 | 0.80 | 0.76 | 0.20 | 0.07 | 0.25 | 0.34 |
| Net profit margin | +6.3% | +4.3% | +5.9% | +2.1% | +1.1% | +7.3% | +4.9% |
| EPS (βΉ) | 0.03 | 0.02 | 0.61 | 0.16 | 0.04 | 0.20 | 1.08 |
| Balance sheet | |||||||
| Total assets | 65.44 | 57.99 | 15.85 | 16.43 | 12.90 | 10.39 | 9.22 |
| Net worth | 59.01 | 57.53 | 7.37 | 6.62 | 6.42 | 6.36 | 6.11 |
| Total debt | 6.42 | 0.46 | 8.48 | 9.81 | 6.48 | 4.03 | 3.11 |
| Cash & bank | 1.69 | 8.18 | 1.86 | 0.24 | 0.26 | 0.04 | 1.16 |
| Net working capital | 14.02 | 34.84 | 3.47 | 4.77 | 3.79 | 2.05 | 1.34 |
| Cash flow | |||||||
| Cash from operations | 19.13 | (22.47) | 5.06 | 0.44 | (0.42) | (0.34) | 0.57 |
| Cash from investing | (31.63) | (11.91) | (2.05) | (3.78) | (1.85) | (1.40) | (1.70) |
| Cash from financing | 6.02 | 40.69 | (1.38) | 3.33 | 2.48 | 0.63 | 1.71 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 10.84 | 5.28 | 12.99 | 5.16 | 2.70 | 2.41 | 6.48 | 6.55 |
| Revenue growth (YoY) | +301.5% | +119.1% | +100.5% | -21.2% | -22.0% | +31.7% | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.25 | 0.02 |
| Total expenses | 7.49 | 3.20 | 11.17 | 3.57 | 1.54 | 1.64 | 8.08 | 4.16 |
| EBITDA | 3.35 | 2.08 | 1.82 | 1.59 | 1.16 | 0.77 | (1.60) | 2.39 |
| EBITDA margin | +30.9% | +39.4% | +14.0% | +30.8% | +43.0% | +32.0% | -24.7% | +36.5% |
| Depreciation | 1.77 | 1.14 | 1.09 | 0.91 | 0.65 | 0.56 | 0.56 | 0.42 |
| Interest | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.03 |
| Profit before tax | 1.57 | 0.93 | 0.72 | 0.67 | 0.50 | 0.20 | (1.92) | 1.96 |
| Tax | 0.51 | 0.24 | 0.22 | (0.01) | 0.34 | 0.08 | (0.33) | 0.50 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 10.84 | 5.28 | 12.99 | 5.16 | 2.70 | 2.41 | 6.48 | 6.55 |
| Revenue growth (YoY) | +301.5% | +119.1% | +100.5% | -21.2% | -22.0% | +31.7% | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.25 | 0.02 |
| Total expenses | 7.49 | 3.20 | 11.17 | 3.57 | 1.54 | 1.64 | 8.08 | 4.16 |
| EBITDA | 3.35 | 2.08 | 1.82 | 1.59 | 1.16 | 0.77 | (1.60) | 2.39 |
| EBITDA margin | +30.9% | +39.4% | +14.0% | +30.8% | +43.0% | +32.0% | -24.7% | +36.5% |
| Depreciation | 1.77 | 1.14 | 1.09 | 0.91 | 0.65 | 0.56 | 0.56 | 0.42 |
| Interest | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.03 |
| Profit before tax | 1.57 | 0.93 | 0.72 | 0.67 | 0.50 | 0.20 | (1.92) | 1.96 |
| Tax | 0.51 | 0.24 | 0.22 | (0.01) | 0.34 | 0.08 | (0.33) | 0.50 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 23.26 | 18.58 | 12.99 | 9.66 | 6.20 | 3.44 | 6.94 |
| Revenue growth | +25.2% | +43.0% | +34.5% | +55.8% | +80.2% | -50.4% | - |
| Other income | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.08 |
| Total expenses | 17.83 | 15.39 | 10.55 | 8.09 | 4.95 | 2.16 | 5.78 |
| Employee cost | 0.25 | 0.23 | 0.09 | 0.08 | 0.11 | 0.03 | 0.29 |
| EBITDA | 5.43 | 3.19 | 2.44 | 1.57 | 1.25 | 1.28 | 1.16 |
| EBITDA margin | +23.3% | +17.2% | +18.8% | +16.3% | +20.2% | +37.2% | +16.7% |
| Depreciation | 3.20 | 1.71 | 1.33 | 1.24 | 1.07 | 0.93 | 0.75 |
| Interest | 0.16 | 0.23 | 0.05 | 0.06 | 0.08 | 0.04 | 0.09 |
| Profit before tax | 2.08 | 1.26 | 1.07 | 0.28 | 0.10 | 0.31 | 0.40 |
| Tax | 0.61 | 0.46 | 0.31 | 0.08 | 0.03 | 0.06 | 0.06 |
| Net profit | 1.47 | 0.80 | 0.76 | 0.20 | 0.07 | 0.25 | 0.34 |
| Net profit margin | +6.3% | +4.3% | +5.9% | +2.1% | +1.1% | +7.3% | +4.9% |
| EPS (βΉ) | 0.03 | 0.02 | 0.61 | 0.16 | 0.04 | 0.20 | 1.08 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 48.96 | 48.96 | 6.12 | 6.12 | 6.12 | 6.12 | 3.06 |
| Reserves & surplus | 10.05 | 8.57 | 1.25 | 0.50 | 0.30 | 0.24 | 3.05 |
| Shareholders' funds (net worth) | 59.01 | 57.53 | 7.37 | 6.62 | 6.42 | 6.36 | 6.11 |
| Secured loans | 0.46 | 0.37 | 0.39 | 0.42 | 6.48 | 0.01 | 0.14 |
| Unsecured loans | 5.96 | 0.09 | 8.09 | 9.39 | 0.00 | 4.02 | 2.97 |
| Total debt | 6.42 | 0.46 | 8.48 | 9.81 | 6.48 | 4.03 | 3.11 |
| Total liabilities | 65.44 | 57.99 | 15.85 | 16.43 | 12.90 | 10.39 | 9.22 |
| Assets | |||||||
| Gross block | 46.50 | 24.99 | 17.08 | 15.03 | 11.25 | 9.41 | 8.76 |
| Net block | 37.01 | 18.70 | 12.50 | 11.78 | 9.25 | 8.48 | 8.01 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 14.16 | 4.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 |
| Inventories | 2.47 | 4.09 | 2.09 | 2.61 | 3.17 | 2.84 | 2.63 |
| Sundry debtors | 12.49 | 12.19 | 9.85 | 6.71 | 6.19 | 5.72 | 5.41 |
| Cash & bank balances | 1.69 | 8.18 | 1.86 | 0.24 | 0.26 | 0.04 | 1.16 |
| Loans & advances | 2.98 | 16.18 | 1.54 | 1.42 | 1.41 | 1.58 | 1.17 |
| Total current assets | 19.63 | 40.64 | 15.34 | 10.98 | 11.03 | 10.18 | 10.37 |
| Total current liabilities | 5.61 | 5.80 | 11.87 | 6.21 | 7.24 | 8.13 | 9.03 |
| Net working capital | 14.02 | 34.84 | 3.47 | 4.77 | 3.79 | 2.05 | 1.34 |
| Total assets | 65.44 | 57.99 | 15.85 | 16.43 | 12.90 | 10.39 | 9.22 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 8.18 | 1.86 | 0.24 | 0.26 | 0.04 | 1.16 | 0.58 |
| Net cash from operating activities | 19.13 | (22.47) | 5.06 | 0.44 | (0.42) | (0.34) | 0.57 |
| Net cash from investing activities | (31.63) | (11.91) | (2.05) | (3.78) | (1.85) | (1.40) | (1.70) |
| Net cash from financing activities | 6.02 | 40.69 | (1.38) | 3.33 | 2.48 | 0.63 | 1.71 |
| Net change in cash | (6.49) | 6.31 | 1.62 | (0.02) | 0.21 | (1.12) | 0.58 |
| Closing cash | 1.69 | 8.18 | 1.86 | 0.24 | 0.26 | 0.04 | 1.16 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +25.2% | +43.0% | +34.5% | +55.8% | +80.2% | -50.4% | - |
| EBITDA growth | +70.2% | +30.7% | +55.4% | +25.6% | -2.3% | +10.3% | - |
| PBT growth | +65.1% | +17.8% | +282.1% | +180.0% | -67.7% | -22.5% | +53.9% |
| Net income growth | +83.8% | +5.3% | +280.0% | +185.7% | -72.0% | -26.5% | - |
| Revenue CAGR (3Y) | +34.0% | +44.2% | +55.7% | +11.7% | -0.1% | -23.2% | +21.5% |
| EBITDA CAGR (3Y) | +51.2% | +36.7% | +24.0% | +10.6% | +3.1% | +19.0% | +26.7% |
| Profitability & leverage | |||||||
| Net income margin | +6.3% | +4.3% | +5.9% | +2.1% | +1.1% | +7.3% | +4.9% |
| Return on capital employed | +3.6% | +4.1% | +6.9% | +2.3% | +1.4% | +3.6% | +5.9% |
| Return on net worth | +2.5% | +2.5% | +10.7% | +3.1% | +0.8% | +4.0% | +5.6% |
| Debt / equity | 0.06 | 0.14 | 1.31 | 1.25 | 0.82 | 0.57 | 0.38 |
| Long-term debt / equity | 0.06 | 0.14 | 1.31 | 1.25 | 0.82 | 0.57 | 0.38 |
| Interest cover | 7.17 | 15.54 | 4.50 | 18.18 | 44.44 | 11.43 | 21.95 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.65 | 0.88 | 0.81 | 0.74 | 0.60 | 0.38 | 0.89 |
| Inventory turnover | 7.09 | 6.01 | 5.53 | 3.34 | 2.06 | 1.26 | 3.58 |
| Debtors turnover | 1.88 | 1.69 | 1.57 | 1.50 | 1.04 | 0.62 | 1.37 |
| EPS (βΉ) | 0.03 | 0.02 | 0.61 | 0.16 | 0.04 | 0.20 | 1.08 |
| Dividend per share (βΉ) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 |
| Book value per share (βΉ) | 1.21 | 1.18 | 6.02 | 5.41 | 5.24 | 5.20 | 19.98 |
Competitors of Shangar Decor
Shangar Decor has 3 listed competitors in our database. They include The Wedding Design, Q Events by Geeta Samuel and Meghha Flowers.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wdcindia.com | 2004 | New Delhi, India | Provides wedding design, planning, hospitality, and event services in India. | |||
| qeventsindia.com | 2009 | Noida, India | Offers customized wedding design, styling, and decorations with in-house production facilities. | |||
| meghhaflowers.com | 2016 | Delhi, India | Imports and supplies fresh flowers for wedding decorations and events. |
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Frequently Asked Questions about Shangar Decor
Shangar Decor was founded in 1970.
Shangar Decor is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Samir Shah is the CEO of Shangar Decor, as recorded in our data. They have also founded this company.
The primary company behind Shangar Decor, Shangar Decor Limited, reported revenue of βΉ23.27 Cr for FY 2026, up 25% year on year.
Shangar Decor was founded in 1970 and is headquartered in Ahmedabad, India. Operations focus on the home decor and event management sector, with services encompassing interior design solutions and comprehensive event planning. The company is led by Samir Shah as founder and CEO. Activities are centered in the Indian market, supporting residential and commercial projects through established local networks.
Shangar Decor's top competitors include The Wedding Design, Q Events by Geeta Samuel and Meghha Flowers.
Shangar Decor offers Pre-wedding Decor, Corporate Events Decor, Religious Events Decor, and Lights Decor.
Yes, Shangar Decor is publicly traded on BSE under the ticker symbol SHANGAR.
Shangar Decor operates through Shangar Decor Limited.
The legal entities of Shangar Decor currently have 9 directors, including Saumil Shrenikbhai Shah, Samirbhai Rasiklal Shah, Moulin Samir Shah and others.
