MSME (Udyam registered) Ministry of MSME
- Category
- Small (2021-22)
- Udyam number
- UDYAM-GJ-14-0000314
Decent Laminate Private Limited - packaging in Mehsana, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹14.03 Cr
▼ 34% YoY
Net loss · FY 2020
₹89.77 Lakh
Net margin -6.4%
EBITDA · FY 2020
₹1.75 Cr
EBITDA margin 12.5%
Authorised capital
₹76 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹7.39 Cr
Satisfied ₹27.77 Cr
Company age
41 yrs
Est. 1985
Employees · EPFO
54
Provident fund records
About Decent Laminate Private Limited
Data last updated:
Decent Laminate Private Limited is a private limited company based in Mehsana, Gujarat, India. It operates in the paper segment of the packaging sector. It was incorporated on 31 October 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U20219GJ1985PTC008230. Its GSTIN is 24AAACD5487D1ZU (Gujarat).
The company has an authorised share capital of ₹76 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Decent Laminates Pvt Ltd. It is led by directors Pragnesh Babulal Shah and Rupeshkumar Jayantibhai Brahmbhatt.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Survey No.155 (Old Survey No. 43/1) Kalol – Mehsana Highway Vill – Laxmipura – Nandasan Ta – Kad, I, Gujarat, India – 382705.
As per the financials filed for FY 2020, the company reported a revenue of ₹14.03 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹89.77 Lakh (net margin -6.4%) and EBITDA of ₹1.75 Cr (EBITDA margin 12.5%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 6% over five years.
The company has about 54 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.39 Cr and satisfied charges of ₹27.77 Cr on record. Court records list 49 cases involving the company, including 9 filed by the company and 40 filed against it; 22 cases are pending.
Decent Laminate Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-14-0000314). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website decentlaminate.com.
Company details
CIN U20219GJ1985PTC008230
Registration Number 008230
Incorporation Date 31 October 1985
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-14-0000314
Key People
Pragnesh Babulal Shah Additional Director Rupeshkumar Jayantibhai Brahmbhatt Additional Director Recognitions & Rankings of Decent Laminate
Contact details
Decent Laminate Private Limited's registered office is in Mehsana, Gujarat. Its website is decentlaminate.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressSurvey No.155 (Old Survey No. 43/1) Kalol – Mehsana Highway Vill – Laxmipura – Nandasan Ta – Kad, I, Gujarat, India – 382705
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
To see the full contact details of Decent Laminate Private Limited, buy the company report.
Comprehensive company report
Decent Laminate Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Decent Laminate is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Decent Laminate Private Limited, buy the company report.
Financials of Decent Laminate Private Limited
FY 2024 filings availableDecent Laminate Private Limited reported revenue of ₹14.03 Cr (down 34% YoY) for FY 2020.
Revenue · FY 2020
₹14.03 Cr ▼ 34%
Net loss · FY 2020
₹89.77 Lakh margin -6.4%
EBITDA · FY 2020
₹1.75 Cr margin 12.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 34%
3 years · compounded
▼ 10%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▼ 55%
3 years · compounded
▼ 26%
5 years · compounded
▼ 8%
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 34% fall in the latest year. EBITDA fell 55% 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹14.03 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.75 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹89.77 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.5% | ||||
| Net Profit Margin | -6.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Decent Laminate Private Limited, buy the company report.
Board of directors of Decent Laminate Private Limited
Decent Laminate has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pragnesh Babulal Shah | Additional Director | 11 Sep 2024 | 2 Years 1 Months | Current |
| Rupeshkumar Jayantibhai Brahmbhatt | Additional Director | 11 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
Decent Laminate Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Punjab Laminates Pvt Ltd | ₹21.25 Cr (FY 2025) | -30.0% | Punjab, India | |||
| D K Plywood Private Limited | ₹21.18 Cr (FY 2025) | 23.0% | Alwar, Rajasthan, India | |||
| Timex Art Decor Private Limited | ₹21.05 Cr (FY 2025) | -17.0% | Mumbai, Maharashtra, India | |||
| Vimba Industries Private Limited | ₹20.92 Cr (FY 2024) | 4787916.0% | Lakhimpur, Uttar Pradesh, India | |||
| Decent Laminate Private Limitedthis company | ₹14.03 Cr (FY 2020) | -₹89.77 Lakh | -6.4% | -34.0% | 54 | Mehsana, Gujarat, India |
To see the full peer comparison of Decent Laminate Private Limited, buy the company report.
Auditor
Decent Laminate Private Limited is audited by ABHISHEK KUMAR & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABHISHEK KUMAR & ASSOCIATES | FY 2020 | 130052W |
Shareholding
The shareholding of Decent Laminate Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Decent Laminate Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.39 Cr
Satisfied charges
₹27.77 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2018 | 100160743 | Others | ₹7.39 Cr | Open | |
| 30 Nov 2015 | 10609721 | Religare Finvest Limited | ₹6.56 Cr | Satisfied | |
| 04 Sep 2015 | 10590065 | Others | ₹4.58 Cr | Satisfied | |
| 04 Feb 2012 | 10337084 | Syndicate Bank | ₹1.34 Cr | Satisfied | |
| 23 Jul 2007 | 10062535 | Syndicate Bank | ₹6.5 Cr | Satisfied |
To see the full charge records of Decent Laminate Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Decent Laminate Private Limited has 49 court cases on record: 9 filed by Decent Laminate, 40 filed against it. 22 cases are pending and 27 are disposed.
Total cases
49
Filed by the company
9
Filed against the company
40
Pending
22
Disposed
27
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 34 | 32 | 22 |
| NCLT | 9 | 5 | 0 |
| High courts | 5 | 3 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 49)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Court case (PC) | Filed against the company by Pon Pure Chemical India Private Limited Rep by Jino Antony | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Aditya Birla Finance Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Avanse Financial Services Limited | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Dewan Housing Finance Corporation Ltd. | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Dhani Loans and Services Ltd. | Pending |
To see the full case history of Decent Laminate Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Decent Laminate Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Decent Laminate Private Limited has a workforce of 54 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
54
Active EPFO establishments
1
Employee growth
20%
GST
Decent Laminate has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACD5487D1ZU | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Decent Laminate Private Limited, buy the company report.
Recent activity
Decent Laminate Private Limited has 9 board changes on record since 2012: 2 appointments and 7 cessations. The latest: Murari Krishna ceased to be Director on 12 Dec 2024.
Ceased
Murari Krishna ceased to be Director.
Ceased
Rajneesh Tiwari ceased to be Director.
AGM
Decent Laminate Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Pragnesh Babulal Shah was appointed as Additional Director.
Appointed
Rupeshkumar Jayantibhai Brahmbhatt was appointed as Additional Director.
Filing
Decent Laminate Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Kiran Mukundbhai Patel ceased to be Director.
Ceased
Swatiben Prakashchandra Patel ceased to be Director.
Charges
A charge registered on 04 Sep 2015 via Charge ID 10590065 with Others was fully satisfied on 23 Aug 2018.
Charges
A charge with Others amounted to Rs. 739.03 Lakh with Charge ID 100160743 was registered on 28 Feb 2018.
Charges
A charge registered on 30 Nov 2015 via Charge ID 10609721 with Religare Finvest Limited was fully satisfied on 28 Feb 2018.
Charges
A charge with Others of Rs. 458.15 Lakh registered on 04 Sep 2015 with Charge ID 10590065 was modified on 01 Sep 2017.
19 earlier events are in the company report.
Frequently asked questions
Decent Laminate is an active private limited company based in Mehsana, Gujarat, India. The company works in paper, within the packaging industry. It was incorporated on 31 October 1985 (41+ years old) and is registered under CIN U20219GJ1985PTC008230.
Decent Laminate has 2 current directors:
- Pragnesh Babulal Shah - Additional Director
- Rupeshkumar Jayantibhai Brahmbhatt - Additional Director
The latest financial statements of Decent Laminate on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Decent Laminate is 24AAACD5487D1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of Decent Laminate is U20219GJ1985PTC008230. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Decent Laminate has 49 court cases on record: 9 filed by the company and 40 filed against it. 22 are pending. Most are in the district courts.
Decent Laminate was incorporated on 31 October 1985, making it 41+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Decent Laminate by revenue are Punjab Laminates Pvt Ltd, D K Plywood Private Limited, Timex Art Decor Private Limited, Vimba Industries Private Limited, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Murari Krishna ceased to be Director on 12 Dec 2024. Rajneesh Tiwari ceased to be Director on 12 Dec 2024. Pragnesh Babulal Shah was appointed as Additional Director on 11 Sep 2024. Decent Laminate has 9 board changes on record in total.
Yes, Decent Laminate is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-14-0000314).
Decent Laminate can be reached through the website decentlaminate.com. Its registered office is in Mehsana, Gujarat, India.