About Deco Mica Limited
Data last updated: 10 January 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 L20299GJ1988PLC010807. Listed on BSE: 531227.
Capital: an authorised share capital of ₹5 Cr and a paid-up capital of ₹42 Lakh. Formerly known as Deco Mica Private Limited. It is led by directors including Nupur Bipinchandra Modi and Vikas Vijay Bhai Agarwal.
Last AGM: 26 September 2025. Financial statements filed for year ended 31 March 2025. Office: Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹77.72 Cr, a growth of 0% compared to the previous year.
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 ₹43.11 Cr and satisfied charges of ₹10.98 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.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered Address306 3Rd Floor Iscon Mall Star Bazar Building Jodhpur Char Rasta, Satellite, Ahmedabad, Gujarat, India – 380015
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IndustryPackaging, Paper, Laminated & Corrugated Packaging
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
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 | ********* |
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 11 directors, with 11 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Nupur Bipinchandra Modi
Also directs:
Deco Mica Limited
|
Director | 03 Oct 2018 | 7 Years 9 Months | Current |
| Vikas Vijay Bhai Agarwal | Director | 13 Feb 2018 | 8 Years 4 Months | Current |
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Vishal Agarwal Vijay Bhai
Also directs:
Heritage Decorative Surfaces Llp, Deco Mica Limited, Kavery Laminart Private Limited and 5 more
|
Cfo | 16 Jul 2019 | 6 Years 11 Months | Current |
|
Vijay Kumar Dindayal Agarwal
Also directs:
Deco Mica Limited, Salasar Laminates Limited, Salasar Agropanel Private Limited and 1 more
|
Managing Director | 01 Jan 1997 | 29 Years 6 Months | Current |
|
Diwakar Navalkishor Jha
Also directs:
Deco Mica Limited
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Additional Director | 28 Jan 2025 | 1 Years 5 Months | Current |
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Anjali Shivsharan Upadhyay
Also directs:
Deco Mica Limited
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Additional Director | 14 Oct 2024 | 1 Years 8 Months | Current |
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. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| 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 |
| 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 |
| Segment · FY 2022 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Total Segment Revenue | ₹71.71 Cr | ₹70.89 Cr | - | - |
Shareholding Pattern of Deco Mica Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 70.05%, domestic institutional investors hold 0.65%, retail and other public shareholders hold 29.31% of Deco Mica Limited. The company had 1,532 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 70.05% | 70.05% | 70.05% | 70.05% | 70.05% | 70.05% |
| Public | 29.95% | 29.95% | 29.95% | 29.95% | 29.95% | 29.95% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 70.05% | 70.05% | 70.05% |
| Public | 29.95% | 29.95% | 29.95% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings of Deco Mica Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 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
Deco Mica Limited has a workforce of 149 employees as of Sep 26, 2025.
Employee Count & EPFO Data of Deco Mica Limited
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GST Compliance of Deco Mica Limited
GSTIN & GST Filing Data of Deco Mica Limited
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Credit Ratings, Litigation & Regulatory Alerts for Deco Mica Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Deco Mica Limited
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MSME Payment Delays by Deco Mica Limited
MSME Payment Delays by Deco Mica Limited
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Subsidiaries & Group Companies of Deco Mica Limited
Subsidiaries & Group Companies of Deco Mica Limited
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MCA Filings & Documents of Deco Mica Limited
MCA Filings & Documents of Deco Mica Limited
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Recent Activity on Deco Mica Limited
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 ₹77.72 Cr for FY 2025 (up 0.00% YoY).
The current directors of Deco Mica Limited are:
- Nupur Bipinchandra Modi
- Vikas Vijay Bhai Agarwal
- Vishal Agarwal Vijay Bhai
- Vijay Kumar Dindayal Agarwal
- Diwakar Navalkishor Jha
- Anjali Shivsharan Upadhyay
- Dyuti Deepak Vyas
- Gunjan Yogesh Pandya
- Vijay Kumar Dindayal Agarwal
- Vishal Vijay Bhai Agarwal
- Florica Savan Patel
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.