Decent Industries Private Limited
About Decent Industries Private Limited
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Decent Industries Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 05 September 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U17124MP2002PTC015252. Its GSTIN is 23AAECA6271G1ZX (Madhya Pradesh).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹12 Cr. It was formerly known as Bhaskar Denim Limited and Decent Industries Limited. It is led by directors Sharad Kumar Joshi and Satyendra Vyas.
Its last annual general meeting (AGM) was held on 28 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office Block 1A 5th Floor Db City Corporate Park Arera Hills Opp. M.P. Nagar Zone – I, Bhopal, Madhya Pradesh, India – 462016.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.28 Cr, a decline of 57% compared to the previous year. For the same year it recorded a net profit of ₹1.48 Cr (net margin 7.3%) and EBITDA of ₹1.98 Cr (EBITDA margin 9.8%). Revenue has grown at a compounded annual rate (CAGR) of 139% over three years and 73% over five years.
The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹105.23 Cr; the latest was in April 2013.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Decent Industries has undergone 3 name changes throughout its history. The company was previously known as Bhaskar Denim Limited, Decent Industries Limited, and Decent Industries Private Limited. The current legal name is Decent Industries Private Limited.
| Company Name | Status |
|---|---|
| Decent Industries Private Limited | Current |
| Bhaskar Denim Limited | Previous |
| Decent Industries Limited | Previous |
CIN history
Decent Industries has one previous CIN (Corporate Identification Number): U17124MP2002PLC015252. The current CIN is U17124MP2002PTC015252, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17124MP2002PTC015252 | Current |
| U17124MP2002PLC015252 | Previous |
Contact details
Decent Industries Private Limited's registered office is in Bhopal, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice Block 1A 5th Floor Db City Corporate Park Arera Hills Opp. M.P. Nagar Zone – I, Bhopal, Madhya Pradesh, India – 462016
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Decent Industries Private Limited, buy the company report.
- 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
Business activity
The main business activity of Decent Industries is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Decent Industries Private Limited, buy the company report.
Financials of Decent Industries Private Limited
FY 2025 filings availableDecent Industries Private Limited reported revenue of ₹20.28 Cr (down 57% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 57% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 73%. 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.98 Cr | ||||
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| Net Profit (PAT) | ₹1.48 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.8% | ||||
| Net Profit Margin | 7.3% | ||||
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To see the full financial statements and ratios of Decent Industries Private Limited, buy the company report.
Board of directors of Decent Industries Private Limited
Decent Industries has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharad Kumar Joshi Also directs: Surge Developers Private Limited, D B Malls Private Limited, Divya Decent Trading Private Limited and 5 more | Director | 25 Jan 2024 | 2 Years 9 Months | Current |
| Satyendra Vyas Also directs: Surge Developers Private Limited, Decore Exxoils Private Limited, Exxoils Enterprises Private Limited and 5 more | Director | 22 Aug 2018 | 8 Years 2 Months | Current |
Auditor
Decent Industries Private Limited is audited by Gupta Navin K. & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gupta Navin K. & Co. | FY 2023 | 006263C |
Shareholding
The shareholding of Decent Industries Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Decent Industries Private Limited, buy the company report.
Deals & funding
Decent Industries Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹105.23 Cr; the latest was in April 2013.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2011 | Funding round | ₹105.23 Cr | Investors: Jai Hind Financial Advisors Private Limited , Ajay Software Private Limited |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: Sudhir Agarwal HUF, Pawan L Agarwal HUF, Girish Agarwal HUF Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Decent Industries Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Decent Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Decent Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAECA6271G1ZX | Madhya Pradesh | Active | 28 Mar 2019 |
To see the full GST registrations and return filing status of Decent Industries Private Limited, buy the company report.
Recent activity
Decent Industries Private Limited has 11 board changes on record since 2007: 2 appointments and 9 cessations. The latest: Sharad Kumar Joshi was appointed as Director on 25 Jan 2024.
2 earlier events are in the company report.
Frequently asked questions
Decent Industries is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 05 September 2002 (24+ years old) and is registered under CIN U17124MP2002PTC015252.
Decent Industries has 2 current directors:
- Sharad Kumar Joshi - Director
- Satyendra Vyas - Director
The latest financial statements of Decent Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Decent Industries is 23AAECA6271G1ZX, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Decent Industries is U17124MP2002PTC015252. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Decent Industries was incorporated on 05 September 2002, making it 24+ years old. It is registered with the Registrar of Companies, Gwalior.
Decent Industries has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹105.23 Cr; the latest was in April 2013.
Sharad Kumar Joshi was appointed as Director on 25 Jan 2024. Dev Prakash Pandey ceased to be Additional Director on 30 Sep 2022. Girish Agarwal ceased to be Additional Director on 30 Sep 2022. Decent Industries has 11 board changes on record in total.
The registered office of Decent Industries is at Office Block 1A 5th Floor Db City Corporate Park Arera Hills Opp. M.P. Nagar Zone – I, Bhopal, Madhya Pradesh, India – 462016.
Decent Industries operates in the manufacturing industry, in the textile and fabric production segment.
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