Deco Mica Limited

BSE: 531227
Deco Mica Limited - packaging in Ahmedabad, Gujarat, India. FY 2026 financials and compliance.
CIN L20299GJ1988PLC010807 Incorporated 07 June 1988 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Listed - BSE: 531227 Public Limited Company packaging
Data last updated
Revenue · FY 2026
₹68.55 Cr
▼ 9.88% YoY
Computed EBITDA · FY 2026
₹5.14 Cr
▼ 27.9% YoY
Net profit · FY 2026
₹69.15 Lakh
▼ 64.5% YoY
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.2 Cr
Issued & subscribed
Open charges
₹42.98 Cr
Satisfied ₹11.11 Cr
Company age
38 yrs
Est. 1988
Employees · EPFO
149
Latest available

About Deco Mica Limited

Data last updated: 14 July 2026

Deco Mica Limited is a public limited company based in Ahmedabad, Gujarat, India. It specialises in paper, a part of the broader packaging sector. Incorporated on 07 June 1988, the company has been in operation for over 38 years.

Registered with ROC Ahmedabad under CIN U20299GJ1988PLC010807. Listed on BSE: 531227.

Capital: an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.2 Cr. Formerly known as Deco Mica Private Limited. It is led by directors including Vikas Vijay Bhai Agarwal and Vijay Kumar Dindayal Agarwal.

Last AGM: 26 September 2025. Financial statements filed for year ended 31 March 2025. Office: Ahmedabad, Gujarat.

As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹68.55 Cr, a decline of 9.88% compared to the previous year. The net worth stands at ₹27.62 Cr (up 2.59% YoY). Total assets are valued at ₹81.98 Cr (up 3.52% YoY).

The company has a workforce of approximately 149 employees as per the latest available data.

As per MCA filings, the company has open charges of ₹42.98 Cr and satisfied charges of ₹11.11 Cr 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 heritagesurfaces.com.

Company Details of Deco Mica Limited
CIN L20299GJ1988PLC010807
Registration Number 010807
Incorporation Date 07 June 1988
ROC Ahmedabad
Listing Status Listed (BSE: 531227)
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Vijay Kumar Dindayal Agarwal Managing Director Vikas Vijay Bhai Agarwal Director Vishal Vijay Bhai Agarwal Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
  • Registered Address
    306 3Rd Floor Iscon Mall Star Bazar Building Jodhpur Char Rasta, Satellite, Ahmedabad, Gujarat, India – 380015
  • Industry
    Packaging, Paper, Laminated & Corrugated Packaging
Company report
Deco Mica Limited - full intelligence report
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Financials, compliance, directors, charges, ownership and filings for Deco Mica Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Deco Mica Limited

Deco Mica Limited has one previous CIN (Corporate Identification Number): U20299GJ1988PLC010807. The current CIN is L20299GJ1988PLC010807, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L20299GJ1988PLC010807 Current
U20299GJ1988PLC010807 Previous

Business Activity of Deco Mica Limited

Deco Mica Limited is engaged in the principal business activity of manufacturing, with detailed activities including wood and wood products, furniture, paper and paper products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C3 Wood and wood products, furniture, paper and paper products Locked
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Business activity turnover details for Deco Mica Limited

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Auditor Details of Deco Mica Limited

Deco Mica Limited is audited by J. T. Shah & Co. (ICAI peer reviewed, certificate valid till 2028-02-29) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
J. T. Shah & Co. (ICAI peer reviewed, certificate valid till 2028-02-29) FY 2026 Declaration of unmodified opinion

Board of Directors of Deco Mica Limited

Deco Mica Limited is currently managed by 8 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Vikas Vijay Bhai Agarwal
Also directs: Kavery Laminart Private Limited, Krishna Decor Pvt Ltd, Heritage Laminates Private Limited and 5 more
Director 13 Feb 2018 8 Years 5 Months Current
Vijay Kumar Dindayal Agarwal
Also directs: Salasar Laminates Limited, Salasar Agropanel Private Limited, Heritage Board Limited
Managing Director 01 Jan 1997 29 Years 6 Months Current
Vishal Vijay Bhai Agarwal
Also directs: Heritage Decorative Surfaces Llp, Kavery Laminart Private Limited, Krishna Decor Pvt Ltd and 5 more
Director 08 Nov 2008 17 Years 8 Months Current
Nupur Bipinchandra Modi Director 03 Oct 2018 7 Years 9 Months Current
Gunjan Yogesh Pandya
Also directs: Dhanashvini Health Care Llp
Director 27 Sep 2019 6 Years 9 Months Current
Diwakar Navalkishor Jha Director 28 Jan 2025 1 Years 5 Months Current
Showing 6 of 8 current directors. View all directors

Financials of Deco Mica Limited FY 2026 filings available

Deco Mica Limited reported revenue of ₹68.55 Cr (down 9.88% YoY) for FY 2026.

Revenue · FY 2026
₹68.55 Cr ▼ 9.88%
Profit · FY 2026
₹69.15 Lakh ▼ 64.5%
Computed EBITDA · FY 2026
₹5.14 Cr ▼ 27.9%
Revenue₹ Cr · Standalone050100FY 2019: ₹51 Cr50.7FY 2019FY 2020: ₹47 Cr · -7.9% YoY46.7-7.9%FY 2020FY 2021: ₹53 Cr · +14.5% YoY53.4+14.5%FY 2021FY 2022: ₹72 Cr · +34.2% YoY71.7+34.2%FY 2022FY 2023: ₹78 Cr · +9.2% YoY78.3+9.2%FY 2023FY 2024: ₹77 Cr · -1.3% YoY77.3-1.3%FY 2024FY 2025: ₹76 Cr · -1.6% YoY76.1-1.6%FY 2025FY 2026: ₹69 Cr · -9.9% YoY68.6-9.9%FY 2026
Net Profit₹ Cr · Standalone0123FY 2019: ₹1 Cr1.4FY 2019FY 2020: ₹1 Cr · -38.9% YoY0.9-38.9%FY 2020FY 2021: ₹1 Cr · +53.7% YoY1.3+53.7%FY 2021FY 2022: ₹2 Cr · +52.3% YoY2+52.3%FY 2022FY 2023: ₹2 Cr · +12.7% YoY2.3+12.7%FY 2023FY 2024: ₹2 Cr · +1.2% YoY2.3+1.2%FY 2024FY 2025: ₹2 Cr · -15.7% YoY1.9-15.7%FY 2025FY 2026: ₹1 Cr · -64.5% YoY0.7-64.5%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year0102030Q1'25: ₹16 Cr15.8Q1'25Q2'25: ₹18 Cr18.1Q2'25Q3'25: ₹20 Cr19.9Q3'25Q4'25: ₹22 Cr22.2Q4'25Q1'26: ₹15 Cr · -3.2% YoY15.3-3.2%Q1'26Q2'26: ₹16 Cr · -9.4% YoY16.4-9.4%Q2'26Q3'26: ₹17 Cr · -16.6% YoY16.6-16.6%Q3'26Q4'26: ₹20 Cr · -9% YoY20.2-9%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019
Revenue from Operations ₹68.55 Cr ₹76.06 Cr ₹77.27 Cr ₹78.3 Cr ₹71.71 Cr ₹53.44 Cr ₹46.68 Cr ₹50.66 Cr
Other Income ₹1.05 Cr ₹1.66 Cr ₹50.54 Lakh ₹77.81 Lakh ₹42.78 Lakh ₹13.93 Lakh ₹47.23 Lakh ₹88.44 Lakh
Total Income ₹69.6 Cr ₹77.72 Cr ₹77.78 Cr ₹79.08 Cr ₹72.13 Cr ₹53.58 Cr ₹47.15 Cr ₹51.54 Cr
Cost of Materials Consumed ₹40.49 Cr ₹47.09 Cr ₹46.85 Cr ₹49.34 Cr ₹44.94 Cr ₹32.62 Cr ₹29.66 Cr ₹35.42 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories -₹81.12 Lakh -₹1.96 Cr -₹1.1 Cr -₹2.43 Cr ₹96.23 Lakh ₹1.45 Cr -₹1.66 Cr -₹2.88 Cr
Employee Benefit Expense ₹11.29 Cr ₹11.21 Cr ₹9.53 Cr ₹8.56 Cr ₹7.14 Cr ₹5.89 Cr ₹5.87 Cr ₹5.5 Cr
Finance Costs ₹2.23 Cr ₹2.42 Cr ₹2.28 Cr ₹2.38 Cr ₹1.65 Cr ₹1.56 Cr ₹1.62 Cr ₹1.4 Cr
Depreciation & Amortisation ₹1.69 Cr ₹1.58 Cr ₹1.27 Cr ₹1.31 Cr ₹1.16 Cr ₹1.09 Cr ₹1.07 Cr ₹1.04 Cr
Other Expenses ₹13.49 Cr ₹14.25 Cr ₹15.41 Cr ₹16.63 Cr ₹13.39 Cr ₹8.99 Cr ₹9.42 Cr ₹9.28 Cr
Total Expenses ₹68.38 Cr ₹74.59 Cr ₹74.24 Cr ₹75.78 Cr ₹69.24 Cr ₹51.61 Cr ₹45.98 Cr ₹49.76 Cr
Profit Before Exceptional Items & Tax ₹1.21 Cr ₹3.13 Cr ₹3.53 Cr ₹3.3 Cr ₹2.9 Cr ₹1.97 Cr ₹1.17 Cr ₹1.78 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹1.21 Cr ₹3.13 Cr ₹3.53 Cr ₹3.3 Cr ₹2.9 Cr ₹1.97 Cr ₹1.17 Cr ₹1.78 Cr
Total Tax Expense ₹52.2 Lakh ₹1.18 Cr ₹1.22 Cr ₹1.01 Cr ₹87.42 Lakh ₹63.76 Lakh ₹30.46 Lakh ₹36.52 Lakh
Net Profit ₹69.15 Lakh ₹1.95 Cr ₹2.31 Cr ₹2.28 Cr ₹2.02 Cr ₹1.33 Cr ₹86.48 Lakh ₹1.42 Cr
Other Comprehensive Income ₹65,000 -₹2.5 Lakh -₹11.05 Lakh -₹8.67 Lakh -₹65,000 ₹6.91 Lakh -₹2.36 Lakh ₹9.3 Lakh
Total Comprehensive Income ₹69.8 Lakh ₹1.92 Cr ₹2.2 Cr ₹2.2 Cr ₹2.02 Cr ₹1.4 Cr ₹84.12 Lakh ₹1.51 Cr
EBITDA (computed) ₹5.14 Cr ₹7.13 Cr ₹7.09 Cr ₹6.98 Cr ₹5.71 Cr ₹4.62 Cr ₹3.86 Cr ₹4.22 Cr
Basic EPS ₹1.65 ₹4.64 ₹5.50 ₹5.43 ₹4.82 ₹3.16 ₹2.06 ₹3.37
Diluted EPS ₹1.65 ₹4.64 ₹5.50 ₹5.43 ₹4.82 ₹3.16 ₹2.06 ₹3.37
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019
Total Assets ₹81.98 Cr ₹79.2 Cr ₹69.92 Cr ₹63.51 Cr ₹61.15 Cr ₹48.38 Cr ₹50.84 Cr ₹49.67 Cr
Non-current Assets ₹13.07 Cr ₹13.79 Cr ₹12.53 Cr ₹12.49 Cr ₹11.25 Cr ₹10.87 Cr ₹11.37 Cr ₹11.72 Cr
Current Assets ₹68.91 Cr ₹65.4 Cr ₹57.4 Cr ₹51.02 Cr ₹49.9 Cr ₹37.5 Cr ₹39.48 Cr ₹37.95 Cr
Property, Plant & Equipment ₹11.83 Cr ₹12.19 Cr ₹11.71 Cr ₹11.69 Cr ₹10.91 Cr ₹10.63 Cr ₹11.01 Cr ₹11.32 Cr
Inventories ₹27.46 Cr ₹24.87 Cr ₹21.41 Cr ₹22.19 Cr ₹20.57 Cr ₹13.27 Cr ₹13.28 Cr ₹11.14 Cr
Trade Receivables ₹39.58 Cr ₹39.18 Cr ₹34.17 Cr ₹27.59 Cr ₹27.64 Cr ₹22.77 Cr ₹24.92 Cr ₹25.31 Cr
Cash & Equivalents ₹9.11 Lakh ₹10.54 Lakh ₹15.33 Lakh ₹1.31 Lakh ₹4.96 Lakh ₹6.17 Lakh ₹4.7 Lakh ₹4.02 Lakh
Equity (Net Worth) ₹27.62 Cr ₹26.92 Cr ₹25 Cr ₹22.8 Cr ₹20.61 Cr ₹18.59 Cr ₹17.19 Cr ₹16.35 Cr
Equity Share Capital ₹4.2 Cr ₹4.2 Cr ₹4.2 Cr ₹4.2 Cr ₹4.2 Cr ₹4.2 Cr ₹4.2 Cr ₹4.2 Cr
Borrowings (Non-current) ₹56.4 Lakh ₹90.09 Lakh ₹1.12 Cr ₹1.24 Cr ₹1.15 Cr ₹1.69 Cr ₹23.64 Lakh ₹1.8 Cr
Borrowings (Current) ₹21.66 Cr ₹18.92 Cr ₹19.83 Cr ₹16.59 Cr ₹19.49 Cr ₹16.71 Cr ₹16 Cr ₹12.92 Cr
Total Debt (computed) ₹22.23 Cr ₹19.82 Cr ₹20.95 Cr ₹17.82 Cr ₹20.63 Cr ₹18.4 Cr ₹16.24 Cr ₹14.71 Cr
Current Liabilities ₹51.35 Cr ₹48.58 Cr ₹42.03 Cr ₹37.82 Cr ₹37.9 Cr ₹26.66 Cr ₹32 Cr ₹30.15 Cr
Total Liabilities ₹54.36 Cr ₹52.27 Cr ₹44.92 Cr ₹40.71 Cr ₹40.55 Cr ₹29.79 Cr ₹33.66 Cr ₹33.32 Cr
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹1.01 Cr ₹4.7 Cr -₹1.82 Cr ₹5.11 Cr -₹42.96 Lakh
Investing Cash Flow -₹1.13 Cr -₹1.07 Cr ₹1.41 Cr -₹2.17 Cr ₹1.47 Cr
Financing Cash Flow ₹11.13 Lakh -₹3.68 Cr ₹3.36 Cr -₹2.97 Cr ₹1.89 Cr
Capital Expenditure ₹96.31 Lakh ₹1.41 Cr -₹1.51 Cr ₹0 -₹1.49 Cr
Free Cash Flow (computed) ₹4.45 Lakh ₹3.28 Cr -₹3.33 Cr ₹5.11 Cr -₹1.92 Cr
Dividends Paid ₹0 ₹0 ₹0 ₹0 ₹0
Net Change in Cash -₹1.43 Lakh -₹4.79 Lakh ₹2.95 Cr -₹3.65 Lakh ₹2.94 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25
Revenue from Operations ₹20.21 Cr ₹16.6 Cr ₹16.43 Cr ₹15.31 Cr ₹22.2 Cr ₹19.9 Cr ₹18.14 Cr ₹15.82 Cr
Other Income ₹91.75 Lakh ₹2.97 Lakh ₹7.39 Lakh ₹2.55 Lakh ₹93.08 Lakh ₹6.51 Lakh ₹14.61 Lakh ₹51.47 Lakh
Total Income ₹21.13 Cr ₹16.63 Cr ₹16.51 Cr ₹15.34 Cr ₹23.13 Cr ₹19.97 Cr ₹18.28 Cr ₹16.34 Cr
Cost of Materials Consumed ₹11.99 Cr ₹8.46 Cr ₹9.41 Cr ₹10.63 Cr ₹14.36 Cr ₹11.41 Cr ₹11.04 Cr ₹10.28 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹1.99 Cr -₹4.36 Lakh ₹6.04 Lakh -₹2.82 Cr ₹17.44 Lakh -₹33.27 Lakh -₹28.03 Lakh -₹1.52 Cr
Employee Benefit Expense ₹2.61 Cr ₹3.06 Cr ₹2.87 Cr ₹2.75 Cr ₹2.88 Cr ₹2.95 Cr ₹2.68 Cr ₹2.7 Cr
Finance Costs ₹30.19 Lakh ₹59.45 Lakh ₹76.96 Lakh ₹56.83 Lakh ₹79.96 Lakh ₹50.77 Lakh ₹57.59 Lakh ₹53.82 Lakh
Depreciation & Amortisation ₹42.5 Lakh ₹42.77 Lakh ₹42.46 Lakh ₹41.62 Lakh ₹39.48 Lakh ₹41.6 Lakh ₹48.08 Lakh ₹28.9 Lakh
Other Expenses ₹3.49 Cr ₹3.3 Cr ₹3.51 Cr ₹3.2 Cr ₹3.02 Cr ₹3.63 Cr ₹3.71 Cr ₹3.88 Cr
Total Expenses ₹20.81 Cr ₹15.79 Cr ₹17.04 Cr ₹14.74 Cr ₹21.64 Cr ₹18.58 Cr ₹18.2 Cr ₹16.17 Cr
Profit Before Exceptional Items & Tax ₹31.55 Lakh ₹83.57 Lakh -₹53.22 Lakh ₹59.44 Lakh ₹1.49 Cr ₹1.39 Cr ₹8.52 Lakh ₹16.56 Lakh
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹31.55 Lakh ₹83.57 Lakh -₹53.22 Lakh ₹59.44 Lakh ₹1.49 Cr ₹1.39 Cr ₹8.52 Lakh ₹16.56 Lakh
Total Tax Expense ₹27.41 Lakh ₹23.1 Lakh -₹14.1 Lakh ₹15.79 Lakh ₹62.1 Lakh ₹47.37 Lakh ₹2.14 Lakh ₹6.46 Lakh
Net Profit ₹4.14 Lakh ₹60.47 Lakh -₹39.12 Lakh ₹43.65 Lakh ₹86.96 Lakh ₹91.36 Lakh ₹6.38 Lakh ₹10.1 Lakh
Other Comprehensive Income ₹2.52 Lakh -₹62,000 ₹63,000 -₹63,000 ₹5.79 Lakh -₹2.76 Lakh -₹1.85 Lakh -₹3.68 Lakh
Total Comprehensive Income ₹6.66 Lakh ₹59.85 Lakh -₹38.49 Lakh ₹43.02 Lakh ₹92.75 Lakh ₹88.6 Lakh ₹4.53 Lakh ₹6.42 Lakh
EBITDA (computed) ₹1.04 Cr ₹1.86 Cr ₹66.2 Lakh ₹1.58 Cr ₹2.69 Cr ₹2.31 Cr ₹1.14 Cr ₹99.28 Lakh
Basic EPS ₹0.10 ₹1.44 ₹-0.93 ₹1.04 ₹2.07 ₹2.18 ₹0.15 ₹0.24
Diluted EPS ₹0.10 ₹1.44 ₹-0.93 ₹1.04 ₹2.07 ₹2.18 ₹0.15 ₹0.24
Latest 8 quarters shown.
Segment · FY 2022 (annual) Revenue Result (PBIT) Assets Liabilities
Total Segment Revenue ₹71.71 Cr ₹70.89 Cr - -
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Charges & Borrowings of Deco Mica Limited

Open charges
₹42.98 Cr
Satisfied charges
₹11.11 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹42.70 Cr
Others₹0.28 Cr
Latest charge details
DateLenderAmountStatus
11 Dec 2025 Hdfc Bank Limited ₹13.56 Lakh Open
19 Jul 2024 Hdfc Bank Limited ₹9.06 Lakh Open
06 Mar 2024 Hdfc Bank Limited ₹27.93 Lakh Open
26 Dec 2023 Hdfc Bank Limited ₹8.4 Lakh Open
27 Jul 2022 Hdfc Bank Limited ₹21 Lakh Open

Total charge records: 13 View all charges

Employees and EPFO Compliance at Deco Mica Limited

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Employee and EPFO history for Deco Mica Limited

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GST Compliance of Deco Mica Limited

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Credit Ratings, Litigation & Regulatory Alerts for Deco Mica Limited

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MSME Payment Delays by Deco Mica Limited

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MSME payment history for Deco Mica Limited

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Subsidiaries & Group Companies of Deco Mica Limited

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MCA Filings & Documents of Deco Mica Limited

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Recent Activity on Deco Mica Limited

Charges
28 Jan 2026
A charge registered on 21 Feb 2021 via Charge ID 100423873 with Hdfc Bank Limited was fully satisfied on 28 Jan 2026.
Charges
11 Dec 2025
A charge with Hdfc Bank Limited amounted to Rs. 0.14 Cr with Charge ID 101198614 was registered on 11 Dec 2025.
Activity
26 Sep 2025
Deco Mica Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Directors
21 Aug 2025
Florica Savan Patel was appointed as a Company Secretary on 21 Aug 2025 & has been associated with this company since 11 months.
Activity
31 Mar 2025
Deco Mica Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
12 Mar 2025
A charge with Hdfc Bank Limited of Rs. 21.75 Cr registered on 30 Jan 2016 with Charge ID 10620355 was modified on 12 Mar 2025.

Frequently Asked Questions about Deco Mica Limited

Deco Mica Limited is an active public limited company in the packaging sector based in Ahmedabad, Gujarat, India. It was incorporated on 07 June 1988 (38+ years old) and is registered under CIN L20299GJ1988PLC010807. Listed on BSE: 531227. The company has 149 employees.

Deco Mica Limited reported revenue of ₹68.55 Cr for FY 2026 (down 9.88% YoY) based on standalone BSE filings.

The current directors of Deco Mica Limited are:

The primary industry of Deco Mica Limited is packaging. The company specifically operates in paper. The company is currently active in this sector.

Yes. Deco Mica Limited is listed on BSE with code 531227.

Deco Mica Limited can be reached at the registered office: 306 3Rd Floor Iscon Mall Star Bazar Building Jodhpur Char Rasta, Satellite, Ahmedabad, Gujarat, India – 380015, or through the website heritagesurfaces.com.

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