- Category
- Medium (2023-24)
- Udyam number
- UDYAM-TS-02-0015669

Decor Paper Mills Limited
About Decor Paper Mills Limited
Data last updated:
Decor Paper Mills Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the paper segment of the packaging sector. It was incorporated on 29 January 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U21010MH1992PLC065112.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.79 Cr. It is led by directors including Shelly Jaiprakash Agarwal (Whole-Time Director) and Ritesh Jaiprakash Agarwal (Whole-Time Director).
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 2025, the company reported a revenue of ₹142.96 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹3.3 Cr (net margin 2.3%) and EBITDA of ₹7.95 Cr (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 10% over five years.
The company has about 60 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹24.81 Cr and satisfied charges of ₹62.53 Cr on record. Court records list 15 cases involving the company, including 14 filed by the company and 1 filed against it; 5 cases are pending.
Decor Paper Mills Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0015669). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Decor Paper Mills has one previous CIN (Corporate Identification Number): U21010MH1992PTC065112. The current CIN is U21010MH1992PLC065112, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U21010MH1992PLC065112 | Current |
| U21010MH1992PTC065112 | Previous |
Recognitions & Rankings of Decor Paper Mills
Contact details
Decor Paper Mills Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address212 Floor – 2 Plot – 43 11 Marine Chamber Vitthaldas, Thackarsey Marg New Marine Lines Churchgate, Mumbai, Maharashtra, India – 400020
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
To see the full contact details of Decor Paper Mills 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 Decor Paper Mills 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 Decor Paper Mills Limited, buy the company report.
Financials of Decor Paper Mills Limited
FY 2024 filings availableDecor Paper Mills Limited reported revenue of ₹142.96 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 10% growth in the latest year. EBITDA fell 14% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹7.95 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.3 Cr | ||||
| Balance Sheet | |||||
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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 | 5.6% | ||||
| Net Profit Margin | 2.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Decor Paper Mills Limited, buy the company report.
Board of directors of Decor Paper Mills Limited
Decor Paper Mills has 8 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anita Babuji Thomas | Director | 26 Mar 2024 | 2 Years 6 Months | Current |
| Vishal Agarwal | Director | 26 Mar 2024 | 2 Years 6 Months | Current |
| Shelly Jaiprakash Agarwal Also directs: Kolar Paper Mills Limited | Whole-Time Director | 08 Apr 2004 | 22 Years 6 Months | Current |
| Bharati Ritesh Agarwal Also directs: Kolar Paper Mills Limited | Director | 09 Mar 2018 | 8 Years 7 Months | Current |
| Esha Shelly Agrawal Also directs: Kolar Paper Mills Limited | Director | 09 Mar 2018 | 8 Years 7 Months | Current |
| Ritesh Jaiprakash Agarwal Also directs: Kolar Paper Mills Limited, Decor Chemicals Private Limited | Whole-Time Director | 08 Apr 2004 | 22 Years 6 Months | Current |
Peer comparison
Decor Paper Mills Limited is compared with the 7 companies closest to it by revenue in the Packaging industry (Paper, Paper Laminated and Corrugated Packaging), 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 |
|---|---|---|---|---|---|---|
| Rac Papers Limited | ₹144.55 Cr (FY 2025) | 10.0% | Hapur, Uttar Pradesh, India | |||
| Sri Andal Paper Mills Unit II Private Limited | ₹143.91 Cr (FY 2025) | 10.0% | Erode, Tamil Nadu, India | |||
| K K Duplex and Paper Mills Private Limited | ₹143.72 Cr (FY 2025) | 98.0% | Uttar Pradesh, India | |||
| Decor Paper Mills Limitedthis company | ₹142.96 Cr (FY 2025) | ₹3.3 Cr | 2.3% | 10.0% | 60 | Mumbai, Maharashtra, India |
| PSB Papers Private Limited | ₹142.83 Cr (FY 2025) | 13.0% | Udham Singh Nagar, Uttar Pradesh, India | |||
| Vikarabad Pulp and Paper Mills Private Limited. | ₹141.2 Cr (FY 2025) | -34.0% | Hyderabad, Telangana, India | |||
| Suvarna Durga Paper Mills Private Limited | ₹139.85 Cr (FY 2025) | -25.0% | Hyderabad, Telangana, India | |||
| Kanha Paper Mills Private Limited | ₹138.23 Cr (FY 2025) | 25.0% | Rajganj, West Bengal, India |
To see the full peer comparison of Decor Paper Mills Limited, buy the company report.
Auditor
Decor Paper Mills Limited is audited by ASHOK R MAJETHIA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK R MAJETHIA & CO | FY 2022 | 127769W |
Shareholding
The shareholding of Decor Paper Mills 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 Decor Paper Mills Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jul 2018 | 100194463 | Others | ₹24.75 Cr | Open | |
| 21 Jun 2010 | 10231000 | Kotak Mahindra Bank Limited | ₹5.66 Lakh | Open | |
| 22 Apr 2015 | 10568981 | Srei Equipment Finance Limited | ₹6.32 Lakh | Satisfied | |
| 22 Jan 2015 | 10549488 | Srei Equipment Finance Limited | ₹6.32 Lakh | Satisfied | |
| 29 Nov 2010 | 10257580 | State Bank of Hyderabad | ₹49.25 Cr | Satisfied |
To see the full charge records of Decor Paper Mills Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Decor Paper Mills Limited has 15 court cases on record: 14 filed by Decor Paper Mills, 1 filed against it. 5 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 1 | 2 |
| NCLAT | 4 | 0 | 0 |
| District courts | 3 | 0 | 3 |
| Supreme Court | 2 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Appeal | Filed against the company by The Southern Power Distribution Company of Telangana Limited and 2 others | Pending |
| NCLAT, Company Appeal(AT)(Ins) | Insolvency matter | Filed by the company against Mahashakti Plasto Private Limited | Disposed |
| NCLAT, Interlocutory Application | Interim or miscellaneous application | Filed by the company against Mahashakti Plasto Private Limited | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Mahashakti Plasto Private Limited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Mahashakti Plasto Private Limited | Disposed |
To see the full case history of Decor Paper Mills 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.
Credit ratings & regulatory alerts
Decor Paper Mills Limited was last rated by Icra on 20 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 20 Jan 2022 |
To see the full credit ratings and regulatory alerts of Decor Paper Mills Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Decor Paper Mills Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Decor Paper Mills Limited has a workforce of 60 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Decor Paper Mills Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Decor Paper Mills Limited has 17 board changes on record since 2004: 8 appointments and 9 cessations. The latest: Anita Babuji Thomas ceased to be Additional Director on 29 Sep 2024.
21 earlier events are in the company report.
Frequently asked questions
Decor Paper Mills is an active public limited company based in Mumbai, Maharashtra, India. The company works in paper, within the packaging industry. It was incorporated on 29 January 1992 (34+ years old) and is registered under CIN U21010MH1992PLC065112.
Decor Paper Mills has 8 current directors:
- Shelly Jaiprakash Agarwal - Whole-Time Director
- Ritesh Jaiprakash Agarwal - Whole-Time Director
- Jaiprakash Narsingdas Agarwal - Whole-Time Director
- Anita Babuji Thomas - Director
- Vishal Agarwal - Director
- Bharati Ritesh Agarwal - Director
- Esha Shelly Agrawal - Director
- Neha Ashish Agarwal - Director
The latest financial statements of Decor Paper Mills 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 CIN (Corporate Identification Number) of Decor Paper Mills is U21010MH1992PLC065112. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Decor Paper Mills has 15 court cases on record: 14 filed by the company and 1 filed against it. 5 are pending. Most are in the high courts.
Decor Paper Mills was incorporated on 29 January 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Decor Paper Mills by revenue are Rac Papers Limited, Sri Andal Paper Mills Unit II Private Limited, K K Duplex and Paper Mills Private Limited, PSB Papers Private Limited, Vikarabad Pulp and Paper Mills Private Limited. and 2 more, all in the Packaging industry (Paper, Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Anita Babuji Thomas ceased to be Additional Director on 29 Sep 2024. Vishal Agarwal ceased to be Additional Director on 29 Sep 2024. Anita Babuji Thomas was appointed as Director on 26 Mar 2024. Decor Paper Mills has 17 board changes on record in total.
Yes, Decor Paper Mills is registered as a medium enterprise under Udyam registration (number: UDYAM-TS-02-0015669).
The registered office of Decor Paper Mills is at 212 Floor – 2 Plot – 43 11 Marine Chamber Vitthaldas, Thackarsey Marg New Marine Lines Churchgate, Mumbai, Maharashtra, India – 400020.
Decor Paper Mills operates in the packaging industry, in the paper segment.