Decora Agritech Private Limited
About Decora Agritech Private Limited
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Decora Agritech Private Limited is a private limited company based in Junagadh, Gujarat, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 01 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U01210GJ2016PTC085574. Its GSTIN is 24AAFCD5704Q1ZE (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Lalit Pranlal Agravat and Hitesh Bhikhubhai Boghara.
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 Office No. 310 Rayji Nagar Shopping Centre Motibaug Road, Junagadh, Gujarat, India – 362110.
As per the financials filed for FY 2024, the company reported a revenue of ₹57.37 Lakh, a growth of 111% compared to the previous year. For the same year it recorded a net profit of ₹25,497 (net margin 0.4%) and EBITDA of ₹28,219 (EBITDA margin 0.5%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 6% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressOffice No. 310 Rayji Nagar Shopping Centre Motibaug Road, Junagadh, Gujarat, India – 362110
- IndustryManufacturing, Pipe & Tubes
- 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 of Decora Agritech Private Limited
The main business activity of Decora Agritech is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Decora Agritech Private Limited FY 2024 filings available
Decora Agritech Private Limited reported revenue of ₹57.37 Lakh (up 111% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Decora Agritech Private Limited
Revenue rose 111% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA fell 5% 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 of Decora Agritech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹28,219 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹25,497 | •••• | •••• | •••• | •••• |
| 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 of Decora Agritech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Decora Agritech are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Decora Agritech Private Limited
Decora Agritech Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Agritech, Pipes). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kisanmittra Agritech Farmer Producer Company Limited | ₹58.23 Lakh (FY 2025) | •••• | •••• | •••• | Bhokardan, Maharashtra, India | |
| Kaveri Pipes Private Limited | ₹58.06 Lakh (FY 2020) | •••• | •••• | -61.0% | •••• | Vijayawada, Andhra Pradesh, India |
| Acropolis International Private Limited | ₹58.03 Lakh (FY 2025) | •••• | •••• | 592.0% | •••• | Guntur, Andhra Pradesh, India |
| Samekit Pipes Private Limited | ₹57.72 Lakh (FY 2025) | •••• | •••• | 59.0% | •••• | New Delhi, Delhi, India |
| Jayshiva Agritech Farmer Producer Company Limited | ₹57.41 Lakh (FY 2024) | •••• | •••• | 10338.0% | •••• | Hoshangabad, Madhya Pradesh, India |
| Decora Agritech Private Limited this company | ₹57.37 Lakh (FY 2024) | •••• | •••• | 111.0% | •••• | Junagadh, Gujarat, India |
| Uttam Products Private Limited | ₹57.28 Lakh (FY 2025) | •••• | •••• | -11.0% | •••• | Jaipur, Rajasthan, India |
| Chowdhary Tubes Private Limited | ₹57.16 Lakh (FY 2023) | •••• | •••• | -60.0% | •••• | Mumbai, Maharashtra, India |
| Vasundhara Seamless Stainless Tubes Private Limited | ₹57.14 Lakh (FY 2023) | •••• | •••• | 860.0% | •••• | Ahmedabad, Gujarat, India |
| Raj Shiv Agritech Private Limited | ₹56.77 Lakh (FY 2025) | •••• | •••• | 573.0% | •••• | Sehore, Madhya Pradesh, India |
| Haalli Agritech Farmer Producer Company Limited | ₹56.65 Lakh (FY 2025) | •••• | •••• | 18.0% | •••• | Mahendragarh, Haryana, India |
Peers are the five companies nearest above and the five nearest below Decora Agritech by revenue in the Manufacturing industry (Agritech, Pipes), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Decora Agritech Private Limited
Decora Agritech Private Limited is audited by MANEK PAREKH KHIRAIYA & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MANEK PAREKH KHIRAIYA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Decora Agritech Private Limited
Decora Agritech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalit Pranlal Agravat | Director | 01 Jan 2016 | 10 Years 9 Months | Current |
| Hitesh Bhikhubhai Boghara | Director | 01 Jan 2016 | 10 Years 9 Months | Current |
Ownership and Shareholding of Decora Agritech Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Decora Agritech Private Limited
Decora Agritech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Decora Agritech Private Limited
Employment history and EPFO contributions of people linked to Decora Agritech.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Decora Agritech Private Limited
Decora Agritech Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Brijeshbhai Kishorbhai Nimbark ceased to be Director on 31 Mar 2022.
Credit Ratings, Litigation & Regulatory Alerts for Decora Agritech Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Decora Agritech Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Decora Agritech Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Decora Agritech Private Limited
Decora Agritech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCD5704Q1ZE | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Decora Agritech Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Decora Agritech Private Limited
Decora Agritech is an active private limited company based in Junagadh, Gujarat, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 01 January 2016 (10+ years old) and is registered under CIN U01210GJ2016PTC085574.
Decora Agritech reported revenue of ₹57.37 Lakh for FY 2024 (up 111% YoY).
Decora Agritech has 2 current directors:
- Lalit Pranlal Agravat - Director
- Hitesh Bhikhubhai Boghara - Director
Decora Agritech reported a net profit of ₹25,497 (net margin 0.4%) and EBITDA of ₹28,219 (EBITDA margin 0.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Decora Agritech is -18% over three years and -6% over five years. In the latest year (FY 2024) revenue rose 111%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Decora Agritech is 24AAFCD5704Q1ZE, registered in Gujarat.
The CIN (Corporate Identification Number) of Decora Agritech is U01210GJ2016PTC085574. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Decora Agritech was incorporated on 01 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Decora Agritech by revenue are Kisanmittra Agritech Farmer Producer Company Limited, Kaveri Pipes Private Limited, Acropolis International Private Limited, Samekit Pipes Private Limited, Jayshiva Agritech Farmer Producer Company Limited and 5 more, all in the Manufacturing industry (Agritech, Pipes).
Brijeshbhai Kishorbhai Nimbark ceased to be Director on 31 Mar 2022. Hitesh Bhikhubhai Boghara was appointed as Director on 01 Jan 2016. Lalit Pranlal Agravat was appointed as Director on 01 Jan 2016.
The registered office of Decora Agritech is at Office No. 310 Rayji Nagar Shopping Centre Motibaug Road, Junagadh, Gujarat, India – 362110.