About Decal Tech Private Limited
Data last updated:
Decal Tech Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 15 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH2017PTC302925. Its GSTIN is 27AAGCD4662E1ZP (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Nikhil Ashok Moharil and Shweta Shailesh Deshpande.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.1 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹4.53 Lakh (net margin 1.5%) and EBITDA of ₹22.83 Lakh (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 35% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹48 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website decaltech.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address222 Jai Commercial Complex Cadbury Junction Eastern Express Highway Khopat Road Th, Ane West, Thane, Maharashtra, India – 400601
- IndustryPackaging, Industrial Packaging Solutions
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Decal Tech Private Limited
The main business activities of Decal Tech are manufacturing and professional, scientific and technical. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and specialized design & photographic activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
| M | Professional, Scientific and Technical | M7 | Specialized Design & Photographic activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Decal Tech Private Limited FY 2025 filings available
Decal Tech Private Limited reported revenue of ₹3.1 Cr (down 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Decal Tech Private Limited
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 35%. EBITDA fell 9% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Decal Tech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹22.83 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.53 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Decal Tech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Decal Tech are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Decal Tech Private Limited
Decal Tech Private Limited is compared with the companies closest to it by revenue in the Packaging industry (Industrial Packaging). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Webpack Labels Private Limited | ₹3.19 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Hyderabad, Telangana, India |
| G Poly Flex Private Limited | ₹3.17 Cr (FY 2024) | •••• | •••• | -64.0% | •••• | New Delhi, Delhi, India |
| Reliance Packaging Industries Pvt Ltd | ₹3.13 Cr (FY 2025) | •••• | •••• | 79.0% | •••• | Kolkata, West Bengal, India |
| Allen Industries Limited | ₹3.11 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Kolkata, West Bengal, India |
| Shree Ram Labels Private Limited | ₹3.1 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | New Delhi, Delhi, India |
| Decal Tech Private Limited this company | ₹3.1 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Thane, Maharashtra, India |
| Quickgrow Chemicals Industries Private Limited | ₹3.09 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Guwahati, Assam, India |
| Pustak Manjusha Booksellers Private Limited | ₹3.08 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Jamshedpur, Jharkhand, India |
| Sisotiya Packers Private Limited | ₹3.08 Cr (FY 2020) | •••• | •••• | -34.0% | •••• | Bhiwadi, Rajasthan, India |
| Conitex Sonoco India Private Limited | ₹3.07 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Pune, Maharashtra, India |
| Ajit Industries West Private Limited | ₹3.07 Cr (FY 2024) | •••• | •••• | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Decal Tech by revenue in the Packaging industry (Industrial Packaging), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Decal Tech Private Limited
Decal Tech Private Limited is audited by JIGNESH J SHAH & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JIGNESH J SHAH & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Decal Tech Private Limited
Decal Tech has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Ashok Moharil Also directs: Idms Infotech Private Limited | Director | 12 Dec 2023 | 2 Years 9 Months | Current |
| Shweta Shailesh Deshpande | Director | 15 Dec 2017 | 8 Years 9 Months | Current |
| Shailesh Ramesh Deshpande Also directs: Idms Infotech Private Limited | Director | 15 Dec 2017 | 8 Years 9 Months | Current |
Ownership and Shareholding of Decal Tech Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Decal Tech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Dec 2018 | State Bank of India | ₹48 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Decal Tech Private Limited
Decal Tech Private Limited has a workforce of 15 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Decal Tech Private Limited
Decal Tech Private Limited has 5 board changes on record since 2017: 3 appointments and 2 cessations. The latest: Nikhil Ashok Moharil ceased to be Additional Director on 14 Jan 2025.
Credit Ratings, Litigation & Regulatory Alerts for Decal Tech Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Decal Tech Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Decal Tech Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Decal Tech Private Limited
Decal Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCD4662E1ZP | Maharashtra | Active | 03 Jan 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Decal Tech Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Decal Tech Private Limited
Decal Tech is an active private limited company based in Thane, Maharashtra, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 15 December 2017 (9+ years old) and is registered under CIN U25209MH2017PTC302925.
Decal Tech reported revenue of ₹3.1 Cr for FY 2024 (down 13% YoY).
Decal Tech has 3 current directors:
- Nikhil Ashok Moharil - Director
- Shweta Shailesh Deshpande - Director
- Shailesh Ramesh Deshpande - Director
Decal Tech reported a net profit of ₹4.53 Lakh (net margin 1.5%) and EBITDA of ₹22.83 Lakh (EBITDA margin 7.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Decal Tech is 22% over three years and 35% over five years. In the latest year (FY 2024) revenue fell 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Decal Tech is 27AAGCD4662E1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Decal Tech is U25209MH2017PTC302925. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Decal Tech was incorporated on 15 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Decal Tech by revenue are Webpack Labels Private Limited, G Poly Flex Private Limited, Reliance Packaging Industries Pvt Ltd, Allen Industries Limited, Shree Ram Labels Private Limited and 5 more, all in the Packaging industry (Industrial Packaging).
Nikhil Ashok Moharil ceased to be Additional Director on 14 Jan 2025. Nikhil Ashok Moharil was appointed as Director on 12 Dec 2023. Shekhar Surve Hanumant ceased to be Director on 12 May 2022. Decal Tech has 5 board changes on record in total.
Decal Tech can be reached through the website decaltech.in. Its registered office is in Thane, Maharashtra, India.