MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0079202
_PRIVATE_LIMITED.webp)
Decolab (India) Private Limited - consumer electronics & durables in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹29.04 Cr
▲ 7% YoY
Net profit · FY 2024
₹14.21 Lakh
Net margin 0.5%
EBITDA · FY 2024
₹2.93 Cr
EBITDA margin 10.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹88.32 Lakh
Issued & subscribed
Open charges
₹12.66 Cr
Satisfied ₹14.64 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
42
Provident fund records
About Decolab (India) Private Limited
Data last updated:
Decolab (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 11 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51109MH2007PTC176659. Its GSTIN is 27AACCD7466J1ZA (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹88.32 Lakh. It is led by directors Nicholas Duarte and Suresh Jose Miranda.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹29.04 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹14.21 Lakh (net margin 0.5%) and EBITDA of ₹2.93 Cr (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 11% over five years.
The company has about 42 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12.66 Cr and satisfied charges of ₹14.64 Cr on record.
Decolab (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0079202). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website decolabgroup.com.
Company details
CIN U51109MH2007PTC176659
Registration Number 176659
Incorporation Date 11 December 2007
ROC Mumbai
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-MH-18-0079202
Recognitions & Rankings of Decolab (India)
Contact details
Decolab (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is decolabgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 609 Crystal Plaza Premises Co – Op. Society Limited Opp. Infinity Mall Andheri (We, St), Mumbai, Maharashtra, India – 400053
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Decolab (India) Private Limited, buy the company report.
Comprehensive company report
Decolab (India) 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 Decolab (India) 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 Decolab (India) Private Limited, buy the company report.
Financials of Decolab (India) Private Limited
FY 2024 filings availableDecolab (India) Private Limited reported revenue of ₹29.04 Cr (up 7% YoY) for FY 2024.
Revenue · FY 2024
₹29.04 Cr ▲ 7%
Net profit · FY 2024
₹14.21 Lakh margin 0.5%
EBITDA · FY 2024
₹2.93 Cr margin 10.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 26%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 36%
3 years · compounded
▲ 68%
5 years · compounded
▲ 44%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 7% growth in the latest year. EBITDA rose 36% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.93 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.21 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.1% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Decolab (India) Private Limited, buy the company report.
Board of directors of Decolab (India) Private Limited
Decolab (India) has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nicholas Duarte Also directs: Euro Traditions India Private Limited | Director | 15 Feb 2022 | 4 Years 8 Months | Current |
| Suresh Jose Miranda Also directs: Euro Traditions India Private Limited | Director | 11 Dec 2007 | 18 Years 10 Months | Current |
Peer comparison
Decolab (India) Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Furniture), 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 |
|---|---|---|---|---|---|---|
| Finewood Concepts Private Limited | ₹29.14 Cr (FY 2025) | 43.0% | Nagpur, Maharashtra, India | |||
| Interwood Kitchens Private Limited | ₹29.04 Cr (FY 2025) | 13.0% | Bangalore, Karnataka, India | |||
| Decolab (India) Private Limitedthis company | ₹29.04 Cr (FY 2024) | ₹14.21 Lakh | 0.5% | 7.0% | 42 | Mumbai, Maharashtra, India |
| Newdworld Private Limited | ₹28.78 Cr (FY 2025) | 75.0% | Ghaziabad, Uttar Pradesh, India | |||
| Grace Furnishings Private Limited | ₹28.77 Cr (FY 2025) | 30.0% | Delhi, India |
To see the full peer comparison of Decolab (India) Private Limited, buy the company report.
Auditor
Decolab (India) Private Limited is audited by S K Vora & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K Vora & Associates | FY 2023 | 151888W |
Shareholding
The shareholding of Decolab (India) 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 Decolab (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹12.66 Cr
Satisfied charges
₹14.64 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Aug 2023 | 100815629 | Hdfc Bank Limited | ₹12.57 Cr | Open | |
| 17 Jan 2018 | 100178609 | Others | ₹8.59 Lakh | Open | |
| 25 Aug 2022 | 100623130 | Indian Bank | ₹1.1 Cr | Satisfied | |
| 16 Dec 2016 | 100071809 | Others | ₹11.94 Cr | Satisfied | |
| 09 May 2014 | 10510113 | State Bank of India | ₹1.1 Cr | Satisfied |
To see the full charge records of Decolab (India) Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Decolab (India) 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 Decolab (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Decolab (India) Private Limited has a workforce of 42 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
42
Active EPFO establishments
1
GST
Decolab (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCD7466J1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Decolab (India) Private Limited, buy the company report.
Recent activity
Decolab (India) Private Limited has 8 board changes on record since 2007: 5 appointments and 3 cessations. The latest: Aisha Suresh Miranda ceased to be Director on 21 Mar 2025.
Ceased
Aisha Suresh Miranda ceased to be Director.
AGM
Decolab (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Decolab (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 25 Aug 2022 via Charge ID 100623130 with Indian Bank was fully satisfied on 20 Sep 2023.
Charges
A charge registered on 16 Dec 2016 via Charge ID 100071809 with Others was fully satisfied on 20 Sep 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.57 Cr with Charge ID 100815629 was registered on 17 Aug 2023.
Charges
A charge with Indian Bank amounted to Rs. 1.10 Cr with Charge ID 100623130 was registered on 25 Aug 2022.
Charges
A charge with Others of Rs. 11.94 Cr registered on 16 Dec 2016 with Charge ID 100071809 was modified on 02 Jun 2022.
Ceased
Aman Fateulla Mogul ceased to be Director.
Appointed
Nicholas Duarte was appointed as Director.
Charges
A charge with Others amounted to Rs. 0.09 Cr with Charge ID 100178609 was registered on 17 Jan 2018.
Charges
A charge registered on 09 May 2014 via Charge ID 10510113 with State Bank Of India was fully satisfied on 23 Dec 2016.
10 earlier events are in the company report.
Frequently asked questions
Decolab (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 11 December 2007 (19+ years old) and is registered under CIN U51109MH2007PTC176659.
Decolab (India) has 2 current directors:
- Nicholas Duarte - Director
- Suresh Jose Miranda - Director
The latest financial statements of Decolab (India) 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 Decolab (India) is 27AACCD7466J1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Decolab (India) is U51109MH2007PTC176659. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Decolab (India) was incorporated on 11 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Decolab (India) by revenue are Finewood Concepts Private Limited, Interwood Kitchens Private Limited, Newdworld Private Limited, Grace Furnishings Private Limited, all in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Aisha Suresh Miranda ceased to be Director on 21 Mar 2025. Aman Fateulla Mogul ceased to be Director on 22 Feb 2022. Nicholas Duarte was appointed as Director on 15 Feb 2022. Decolab (India) has 8 board changes on record in total.
Yes, Decolab (India) is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0079202).
Decolab (India) can be reached through the website decolabgroup.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Decolab (India) is at B – 609 Crystal Plaza Premises Co – Op. Society Limited Opp. Infinity Mall Andheri We, St, Mumbai, Maharashtra, India – 400053.
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