MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0157623
Honest Decor Private Limited
Honest Decor Private Limited - trading in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹7.18 Cr
▲ 6% YoY
Net profit · FY 2025
₹9.18 Lakh
Net margin 1.3%
EBITDA · FY 2025
₹27.02 Lakh
EBITDA margin 3.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹5 Lakh
Secured borrowings
Company age
17 yrs
Est. 2009
Directors on board
4
As per MCA filings
About Honest Decor Private Limited
Data last updated:
Honest Decor Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 18 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U20219GJ2009PTC056971. Its GSTIN is 24AACCH2148B2Z7 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Nitesh Ashokkumar Daga and Vivek Ashok Daga.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Survey No. 222 – 226/1/2 Opp. Vizag Steel Godown Sarkhej – Dholka Road, Ahmedabad, Gujarat, India – 382210.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.18 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹9.18 Lakh (net margin 1.3%) and EBITDA of ₹27.02 Lakh (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 245% over three years and 189% over five years.
As per MCA filings, the company has open charges of ₹5 Lakh on record.
Honest Decor Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0157623). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U20219GJ2009PTC056971
Registration Number 056971
Incorporation Date 18 May 2009
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0157623
Recognitions & Rankings of Honest Decor
Contact details
Honest Decor Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSurvey No. 222 – 226/1/2 Opp. Vizag Steel Godown Sarkhej – Dholka Road, Ahmedabad, Gujarat, India – 382210
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Honest Decor Private Limited, buy the company report.
Comprehensive company report
Honest 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Honest Decor is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Honest Decor Private Limited, buy the company report.
Financials of Honest Decor Private Limited
FY 2025 filings availableHonest Decor Private Limited reported revenue of ₹7.18 Cr (up 6% YoY) for FY 2025.
Revenue · FY 2025
₹7.18 Cr ▲ 6%
Net profit · FY 2025
₹9.18 Lakh margin 1.3%
EBITDA · FY 2025
₹27.02 Lakh margin 3.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 245%
5 years · compounded
▲ 189%
EBITDA CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 185%
5 years · compounded
▲ 175%
Revenue has grown at a compounded annual rate (CAGR) of 189% over five years, including 6% growth in the latest year. EBITDA rose 33% 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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| Total Expenses | |||||
| EBITDA | ₹27.02 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.18 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 3.8% | ||||
| Net Profit Margin | 1.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Honest Decor Private Limited, buy the company report.
Board of directors of Honest Decor Private Limited
Honest Decor has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitesh Ashokkumar Daga | Director | 10 Apr 2018 | 8 Years 6 Months | Current |
| Vivek Ashok Daga | Director | 10 Apr 2018 | 8 Years 6 Months | Current |
| Mamol Devi Daga | Director | 18 May 2009 | 17 Years 5 Months | Current |
| Ashok Kumar Daga | Director | 18 May 2009 | 17 Years 5 Months | Current |
Peer comparison
Honest Decor Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sri Vaibhavlaxmi Agri Food's Private Limited | ₹7.19 Cr (FY 2016) | Nanded, Maharashtra, India | ||||
| Enigma Automobiles Private Limited | ₹7.19 Cr (FY 2024) | 4.0% | Bhopal, Madhya Pradesh, India | |||
| Agrotext Commodities Private Limited | ₹7.19 Cr (FY 2025) | -25.0% | Bangalore, Karnataka, India | |||
| Usha Kiran Trading Private Limited | ₹7.18 Cr (FY 2024) | 14.0% | Patna, Bihar, India | |||
| Kirish(Nx)India Private Limited | ₹7.18 Cr (FY 2025) | 202.0% | Mumbai, Maharashtra, India | |||
| Honest Decor Private Limitedthis company | ₹7.18 Cr (FY 2025) | ₹9.18 Lakh | 1.3% | 6.0% | Ahmedabad, Gujarat, India | |
| Ace Marmo Private Limited | ₹7.18 Cr (FY 2024) | -2.0% | Chittorgarh, Rajasthan, India | |||
| Esaad Telecom Private Limited | ₹7.18 Cr (FY 2025) | 84.0% | New Delhi, Delhi, India | |||
| Tirupati Balaji Chemicals Private Limited | ₹7.18 Cr (FY 2023) | -72.0% | Delhi, India | |||
| Emedi Pharmaceuticals Private Limited | ₹7.18 Cr (FY 2025) | 37.0% | Patna, Bihar, India | |||
| Avs Med Laboratories Private Limited | ₹7.18 Cr (FY 2024) | 59.0% | Chandauli, Uttar Pradesh, India |
To see the full peer comparison of Honest Decor Private Limited, buy the company report.
Auditor
Honest Decor Private Limited is audited by KOTHARI & GUPTA ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KOTHARI & GUPTA ASSOCIATES | FY 2023 | 009457N |
Shareholding
The shareholding of Honest Decor 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 Honest Decor Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 May 2023 | 100734448 | Others | ₹5 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Honest Decor 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 Honest Decor Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Honest Decor has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCH2148B2Z7 | Gujarat | Active | 07 Apr 2018 |
To see the full GST registrations and return filing status of Honest Decor Private Limited, buy the company report.
Recent activity
Honest Decor Private Limited has 4 board changes on record since 2009: 4 appointments. The latest: Nitesh Ashokkumar Daga was appointed as Director on 10 Apr 2018.
AGM
Honest Decor Private Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Filing
Honest Decor Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 5.00 Lakh with Charge ID 100734448 was registered on 27 May 2023.
Appointed
Nitesh Ashokkumar Daga was appointed as Director.
Appointed
Vivek Ashok Daga was appointed as Director.
Appointed
Ashok Kumar Daga was appointed as Director.
Appointed
Mamol Devi Daga was appointed as Director.
Incorporation
18 May 2009
Honest Decor Private Limited was registered on 18 May 2009 with Roc Ahmedabad & aged 17 years 5 months as per MCA records.
Frequently asked questions
Honest Decor is an active private limited company based in Ahmedabad, Gujarat, India. The company works in other wholesale, within the trading industry. It was incorporated on 18 May 2009 (17+ years old) and is registered under CIN U20219GJ2009PTC056971.
Honest Decor has 4 current directors:
- Nitesh Ashokkumar Daga - Director
- Vivek Ashok Daga - Director
- Mamol Devi Daga - Director
- Ashok Kumar Daga - Director
The latest financial statements of Honest Decor on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Honest Decor is 24AACCH2148B2Z7, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Honest Decor is U20219GJ2009PTC056971. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Honest Decor was incorporated on 18 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Honest Decor by revenue are Sri Vaibhavlaxmi Agri Food's Private Limited, Enigma Automobiles Private Limited, Agrotext Commodities Private Limited, Usha Kiran Trading Private Limited, Kirish(Nx)India Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Nitesh Ashokkumar Daga was appointed as Director on 10 Apr 2018. Vivek Ashok Daga was appointed as Director on 10 Apr 2018. Ashok Kumar Daga was appointed as Director on 18 May 2009. Honest Decor has 4 board changes on record in total.
Yes, Honest Decor is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0157623).
The registered office of Honest Decor is at Survey No. 222 – 22612 Opp. Vizag Steel Godown Sarkhej – Dholka Road, Ahmedabad, Gujarat, India – 382210.
Honest Decor operates in the trading industry, in the other wholesale segment.