Decora Coatings Private Limited
About Decora Coatings Private Limited
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Decora Coatings Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 31 August 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24229GJ1998PTC034596. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Nileshkumar Vallabhbhai Hirani and Vishal Mansukhbhai Patel.
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 Shop – 2 Shivam Complex Upashna Park Rampark Road, Rajkot, Gujarat, India – 360005.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.35 Lakh, a growth of 52% compared to the previous year. For the same year it recorded a net loss of ₹90,955 (net margin -20.9%) and EBITDA of -₹90,955 (EBITDA margin -20.9%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years.
As per MCA filings, the company has satisfied charges of ₹25 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Decora Coatings Private Limited's registered office is in Rajkot, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressShop – 2 Shivam Complex Upashna Park Rampark Road, Rajkot, Gujarat, India – 360005
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Decora Coatings Private 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 Decora Coatings is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Decora Coatings Private Limited, buy the company report.
Financials of Decora Coatings Private Limited
FY 2024 filings availableDecora Coatings Private Limited reported revenue of ₹4.35 Lakh (up 52% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over three years, including 52% growth in the latest year. EBITDA rose 40% 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 |
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| EBITDA | -₹90,955 | ||||
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| Net Profit (PAT) | -₹90,955 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -20.9% | ||||
| Net Profit Margin | -20.9% | ||||
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To see the full financial statements and ratios of Decora Coatings Private Limited, buy the company report.
Board of directors of Decora Coatings Private Limited
Decora Coatings has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nileshkumar Vallabhbhai Hirani | Director | 29 Dec 2007 | 18 Years 10 Months | Current |
| Vishal Mansukhbhai Patel | Director | 20 Mar 2016 | 10 Years 7 Months | Current |
Auditor
Decora Coatings Private Limited is audited by H B KALARIA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H B KALARIA & ASSOCIATES | FY 2021 | 104571W |
Shareholding
The shareholding of Decora Coatings Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Decora Coatings Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Feb 2008 | 10092767 | Central Bank of India | ₹25 Lakh | Satisfied |
To see the full charge records of Decora Coatings Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Decora Coatings 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 Decora Coatings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Decora Coatings has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Decora Coatings Private Limited, buy the company report.
Recent activity
Decora Coatings Private Limited has 5 board changes on record since 2007: 2 appointments and 3 cessations. The latest: Dhaval Vallabhabhai Savalia ceased to be Director on 31 Mar 2016.
Frequently asked questions
Decora Coatings is an active private limited company based in Rajkot, Gujarat, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 31 August 1998 (28+ years old) and is registered under CIN U24229GJ1998PTC034596.
Decora Coatings has 2 current directors:
- Nileshkumar Vallabhbhai Hirani - Director
- Vishal Mansukhbhai Patel - Director
The latest financial statements of Decora Coatings 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.
No. Decora Coatings has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Decora Coatings is U24229GJ1998PTC034596. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Decora Coatings was incorporated on 31 August 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dhaval Vallabhabhai Savalia ceased to be Director on 31 Mar 2016. Maheshkumar Bhikhabhai Savaliya ceased to be Director on 31 Mar 2016. Vishal Mansukhbhai Patel was appointed as Director on 20 Mar 2016. Decora Coatings has 5 board changes on record in total.
The registered office of Decora Coatings is at Shop – 2 Shivam Complex Upashna Park Rampark Road, Rajkot, Gujarat, India – 360005.
Decora Coatings operates in the manufacturing industry, in the paint and coatings segment.
Decora Coatings has no open charges and satisfied charges of ₹25 Lakh as per latest MCA filings.
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