MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0039589
Euro Decor Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹103.72 Cr
▲ 18% YoY
Net loss · FY 2024
₹1.62 Cr
Net margin -1.6%
EBITDA · FY 2024
₹7.79 Cr
EBITDA margin 7.5%
Authorised capital
₹6.4 Cr
Registered with MCA
Paid-up capital
₹3.42 Cr
Issued & subscribed
Open charges
₹566.12 Cr
Satisfied ₹63.89 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
62
Provident fund records
About Euro Decor Private Limited
Data last updated:
Euro Decor Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 30 June 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U20200MH1997PTC109078. Its GSTIN is 27AABCS4248L2Z1 (Maharashtra). The company holds 13 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹6.4 Cr and a paid-up capital of ₹3.42 Cr. It was formerly known as Subhnen Decor Private Limited. It is led by directors Jitendra Popatlal Nandu (Whole-Time Director) and Dhiraj Popatlal Nandu.
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 ₹103.72 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹1.62 Cr (net margin -1.6%) and EBITDA of ₹7.79 Cr (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 10% over five years.
The company has about 62 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Euro Decor. As per MCA filings, the company has open charges of ₹566.12 Cr and satisfied charges of ₹63.89 Cr on record. Court records list 31 cases involving the company, including 17 filed by the company and 14 filed against it; 6 cases are pending. The company has 12 deals on record (8 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹3.75 Cr; the latest was in March 2021. Its 6 peer companies in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products) are compared by revenue, 3 larger and 3 smaller; the largest is Rama Panels Private Limited with revenue of ₹108.43 Cr.
Euro Decor Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0039589). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website eurodecor.co.in.
Company details
CIN U20200MH1997PTC109078
Registration Number 109078
Incorporation Date 30 June 1997
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 Medium
Udyam Registration UDYAM-MH-19-0039589
Recognitions & Rankings of Euro Decor
Contact details
Euro Decor Private Limited's registered office is in Mumbai, Maharashtra. Its website is eurodecor.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address142/147 Loonawat Compound Ghaswala Estate S.V. Road Jogeshwari (, West), Mumbai, Maharashtra, India – 400102
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Euro Decor Private Limited, buy the company report.
Comprehensive company report
Euro Decor 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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Brands
Euro Decor operates one associated brand: Euro Decor. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies decorative veneers, mica, and plywood for timber applications. | eurodecor.co.in |
Business activity
The main business activity of Euro Decor 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 Euro Decor Private Limited, buy the company report.
Financials of Euro Decor Private Limited
FY 2024 filings availableEuro Decor Private Limited reported revenue of ₹103.72 Cr (up 18% YoY) for FY 2024.
Revenue · FY 2024
₹103.72 Cr ▲ 18%
Net loss · FY 2024
₹1.62 Cr margin -1.6%
EBITDA · FY 2024
₹7.79 Cr margin 7.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 1%
5 years · compounded
▲ 14%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 18% growth in the latest year. EBITDA fell 1% 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 | |||||
| Other Income | |||||
| Total Revenue | ₹103.72 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.62 Cr | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.5% | ||||
| Net Profit Margin | -1.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Euro Decor Private Limited, buy the company report.
Board of directors of Euro Decor Private Limited
Euro Decor has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitendra Popatlal Nandu Also directs: Srushti Decorative Surface LLP, Drashti Surfaces Private Limited | Whole-Time Director | 01 Sep 2003 | 23 Years 2 Months | Current |
| Dhiraj Popatlal Nandu | Director | 01 Apr 2008 | 18 Years 7 Months | Current |
Peer comparison
Euro Decor Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), 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 |
|---|---|---|---|---|---|---|
| Rama Panels Private Limited | ₹108.43 Cr (FY 2025) | 26.0% | Kolkata, West Bengal, India | |||
| Friends Timber Private Limited | ₹105.81 Cr (FY 2025) | 28.0% | Nagpur, Maharashtra, India | |||
| Savitri Plyboard India Private Limited | ₹105.41 Cr (FY 2025) | 9.0% | Hoshiarpur, Punjab, India | |||
| Euro Decor Private Limitedthis company | ₹103.72 Cr (FY 2024) | -₹1.62 Cr | -1.6% | 18.0% | 62 | Mumbai, Maharashtra, India |
| Gravity Industries Private Limited | ₹103.44 Cr (FY 2025) | 17.0% | Kolhapur, Maharashtra, India | |||
| Maa Gauri Timbers Private Limited | ₹99.46 Cr (FY 2025) | 12.0% | Karnal, Haryana, India | |||
| Star Laminates India Private Limited | ₹98.91 Cr (FY 2025) | 12.0% | Yamuna Nagar, Haryana, India |
To see the full peer comparison of Euro Decor Private Limited, buy the company report.
Auditor
Euro Decor Private Limited is audited by Amish S Sangoi & Co for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Amish S Sangoi & Co | FY 2024 | 132656W |
Shareholding
The shareholding of Euro Decor 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 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Euro Decor Private Limited, buy the company report.
Charges & borrowings
Open charges
₹566.12 Cr
Satisfied charges
₹63.89 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2025 | 101065660 | Others | ₹90 Lakh | Open | |
| 09 Feb 2024 | 100868092 | Others | ₹90 Lakh | Open | |
| 31 Jan 2024 | 100861107 | Others | ₹18.89 Lakh | Open | |
| 27 Mar 2023 | 100706489 | Others | ₹28 Lakh | Open | |
| 30 Aug 2022 | 100615926 | Others | ₹80 Lakh | Open |
To see the full charge records of Euro Decor Private Limited, buy the company report.
Total charge records: 42 View all charges
Deals & funding
Euro Decor Private Limited has 12 deals on record (8 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹3.75 Cr; the latest was in March 2021.
Total deals
12
Secondary share transfers
8
Funding rounds
3
Acquisition
1
Disclosed funding
₹3.75 Cr
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Apr 2017 | Secondary share transfer | Undisclosed | Buyer: Shantilal L Shah Huf, Dhaval Shah Huf, Hitesh S Shah Huf Seller: 4 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Popatlal Nandu Huf, 3 individuals Seller: 4 individuals |
| Mar 2016 | Acquisition | ₹42.03 Cr | Buyer: Uniply Industries Limited Seller: Euro Decor Private Limited |
| Mar 2008 | Funding round | ₹10.7 Lakh | Investors: Lyons Technologies Limited , 3 individuals |
To see the full deal history of Euro Decor Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Euro Decor Private Limited has 31 court cases on record: 17 filed by Euro Decor, 14 filed against it. 6 cases are pending and 25 are disposed.
Total cases
31
Filed by the company
17
Filed against the company
14
Pending
6
Disposed
25
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 17 | 9 | 6 |
| District courts | 12 | 5 | 0 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed against the company by Uniply Decor Limited | Pending |
| Bombay High Court | Arbitration matter | Filed against the company by Euro Merchandise (India) Ltd. and 9 Ors. | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by The Cosmos Cooperative Bank Ltd Through Its Authorized Officer Shri Ratnakar Randive | Pending |
| Bombay High Court | Writ petition | Filed against the company by The Cosmos Co Operative Bank Limited | Pending |
| High Court, MAHARASHTRA | Court case (COMEX) | Filed against the company by The Cosmos Co-Operative Bank Ltd. | Pending |
To see the full case history of Euro Decor Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Euro Decor Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Euro Decor Private Limited has a workforce of 62 employees on its EPFO records as of Dec 22, 2025, across 2 active EPFO establishments.
Employee count
62
Active EPFO establishments
2
Employee growth
-13.89%
GST
Euro Decor has 13 GST registrations: 4 active and 9 cancelled or inactive.
Total GSTINs
13
Active
4
Cancelled / inactive
9
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCS4248L2Z1 | Maharashtra | Active | 29 Aug 2017 |
| 27AABCS4248L3Z0 | Maharashtra | Active | 22 Jul 2025 |
| 24AABCS4248L1Z8 | Gujarat | Active | 01 Jul 2017 |
| 26AABCS4248L1Z4 | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Euro Decor Private Limited, buy the company report.
Recent activity
Euro Decor Private Limited has 8 board changes on record since 2003: 2 appointments and 6 cessations. The latest: Hansraj Karsanbhai Gala ceased to be Whole-Time Director on 25 May 2018.
Charges
A charge with Others amounted to Rs. 0.90 Cr with Charge ID 101065660 was registered on 28 Feb 2025.
AGM
Euro Decor Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Euro Decor Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 0.90 Cr with Charge ID 100868092 was registered on 09 Feb 2024.
Charges
A charge with Others amounted to Rs. 0.19 Cr with Charge ID 100861107 was registered on 31 Jan 2024.
Charges
A charge with Others amounted to Rs. 0.28 Cr with Charge ID 100706489 was registered on 27 Mar 2023.
Charges
A charge with Others amounted to Rs. 0.80 Cr with Charge ID 100615926 was registered on 30 Aug 2022.
Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100335512 was registered on 18 Apr 2020.
Charges
A charge with Others of Rs. 54.55 Cr registered on 27 Nov 2009 with Charge ID 10193825 was modified on 30 Aug 2019.
Charges
A charge registered on 16 Apr 2012 via Charge ID 10358921 with The Cosmos Co-Operatvie Bank Ltd was fully satisfied on 08 Aug 2019.
Charges
A charge registered on 31 May 2011 via Charge ID 10293541 with The Cosmos Co-Operative Bank Ltd. was fully satisfied on 08 Aug 2019.
Charges
A charge registered on 30 Jul 2008 via Charge ID 10116250 with The Cosmos Co-Operative Bank Limited was fully satisfied on 08 Aug 2019.
57 earlier events are in the company report.
Frequently asked questions
Euro Decor is an active private limited company based in Mumbai, Maharashtra, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 30 June 1997 (29+ years old) and is registered under CIN U20200MH1997PTC109078.
Euro Decor has 2 current directors:
- Jitendra Popatlal Nandu - Whole-Time Director
- Dhiraj Popatlal Nandu - Director
The latest financial statements of Euro Decor 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 Euro Decor is 27AABCS4248L2Z1, registered in Maharashtra. The company has 13 GST registrations in all, of which 4 are active and 9 are cancelled or inactive. Other active GSTINs include 27AABCS4248L3Z0 (Maharashtra), 24AABCS4248L1Z8 (Gujarat), 26AABCS4248L1Z4 (Dadra and Nagar Haveli and Daman and Diu).
The CIN (Corporate Identification Number) of Euro Decor is U20200MH1997PTC109078. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Euro Decor has 31 court cases on record: 17 filed by the company and 14 filed against it. 6 are pending. Most are in the high courts.
Euro Decor was incorporated on 30 June 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Euro Decor has 12 deals on record (8 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹3.75 Cr; the latest was in March 2021.
The peers of Euro Decor by revenue are Rama Panels Private Limited, Friends Timber Private Limited, Savitri Plyboard India Private Limited, Gravity Industries Private Limited, Maa Gauri Timbers Private Limited and 1 more, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Hansraj Karsanbhai Gala ceased to be Whole-Time Director on 25 May 2018. Dhiraj Popatlal Nandu ceased to be Additional Director on 26 Aug 2016. Jitendra Popatlal Nandu ceased to be Director on 26 Aug 2016. Euro Decor has 8 board changes on record in total.
Yes, Euro Decor is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0039589).
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