MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0114727
Lyrics Decor Private Limited
Lyrics Decor Private Limited - home & lifestyle in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5.16 Cr
▲ 23% YoY
Net profit · FY 2024
₹20.82 Lakh
Net margin 4%
EBITDA · FY 2024
₹42.54 Lakh
EBITDA margin 8.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹7.74 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
4
As per MCA filings
About Lyrics Decor Private Limited
Data last updated:
Lyrics Decor Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the home furnishings and accessories retail segment of the home and lifestyle products sector. It was incorporated on 05 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2020PTC117979. Its GSTIN is 24AAECL4083B1ZW (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kapil Vallabhdas Vaishnani and Shilpan Vallabhdas Vaishnani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1 Sahjanand Estate Tajpur Road Bhat Tal. Daskroi, Ahmedabad, Gujarat, India – 382210.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.16 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹20.82 Lakh (net margin 4%) and EBITDA of ₹42.54 Lakh (EBITDA margin 8.2%).
As per MCA filings, the company has open charges of ₹7.74 Lakh on record.
Lyrics Decor Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0114727).
Company Details of Lyrics Decor Private Limited
CIN U51909GJ2020PTC117979
Registration Number 117979
Incorporation Date 05 November 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0114727
Key People
Kapil Vallabhdas Vaishnani Director Shilpan Vallabhdas Vaishnani Director Jagruti Kapil Vaishnani Director Recognitions & Rankings of Lyrics Decor
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address1 Sahjanand Estate Tajpur Road Bhat Tal. Daskroi, Ahmedabad, Gujarat, India – 382210
- IndustryHome & Lifestyle, Home Furnishings & Accessories Retail
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Business Activity of Lyrics Decor Private Limited
The main business activity of Lyrics Decor is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Lyrics Decor Private Limited FY 2025 filings available
Lyrics Decor Private Limited reported revenue of ₹5.16 Cr (up 23% YoY) for FY 2024.
Revenue · FY 2024
₹5.16 Cr ▲ 23%
Net profit · FY 2024
₹20.82 Lakh margin 4%
EBITDA · FY 2024
₹42.54 Lakh margin 8.2%
Compounded Annual Growth Rate (CAGR) of Lyrics Decor Private Limited
Revenue CAGR growth
1 year
▲ 23%
EBITDA CAGR growth
1 year
▲ 20%
Revenue rose 23% in the latest year. EBITDA rose 20% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Lyrics Decor Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| 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 | ₹42.54 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹20.82 Lakh | •••• | •••• | •••• |
| 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 Lyrics Decor Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 8.2% | •••• | •••• | •••• |
| Net Profit Margin | 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 Lyrics Decor are in the company report.
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Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
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Verified entity values are shown only after access is granted.
Board of Directors of Lyrics Decor Private Limited
Lyrics Decor has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kapil Vallabhdas Vaishnani Also directs: Li Elements Private Limited, Oilpixel Art Private Limited, Litmus Branding Private Limited and 1 more | Director | 05 Nov 2020 | 5 Years 11 Months | Current |
| Shilpan Vallabhdas Vaishnani Also directs: Litmus Branding Private Limited, Li Things Private Limited | Director | 05 Nov 2020 | 5 Years 11 Months | Current |
| Jagruti Kapil Vaishnani Also directs: Litmus Branding Private Limited | Director | 05 Nov 2020 | 5 Years 11 Months | Current |
| Purvi Shilpan Vaishnani Also directs: Litmus Branding Private Limited | Director | 05 Nov 2020 | 5 Years 11 Months | Current |
Peer Comparison of Lyrics Decor Private Limited
Lyrics Decor Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Home Furnishings and Accessories Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Trend Flooring Private Limited | ₹5.27 Cr (FY 2017) | •••• | •••• | 27.0% | •••• | New Delhi, Delhi, India |
| Oto Motive Products (India) Private Limited | ₹5.23 Cr (FY 2025) | •••• | •••• | 54.0% | •••• | Mumbai, Maharashtra, India |
| N.R. Furnishings Private Limited | ₹5.22 Cr (FY 2024) | •••• | •••• | -31.0% | •••• | New Delhi, Delhi, India |
| Kreyam Biz Private Limited | ₹5.22 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Rajkot, Gujarat, India |
| Wallart Wallpaper Private Limited | ₹5.21 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | New Delhi, Delhi, India |
| Lyrics Decor Private Limited this company | ₹5.16 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Ahmedabad, Gujarat, India |
| Luxor Impex Private Limited | ₹5.16 Cr (FY 2025) | •••• | •••• | -39.0% | •••• | Jaipur, Rajasthan, India |
| Hush India Private Limited | ₹5.14 Cr (FY 2024) | •••• | •••• | -47.0% | •••• | Mumbai, Maharashtra, India |
| Dery Foams Private Limited | ₹5.13 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Aluva, Kerala, India |
| Tarkett Flooring India Private Limited | ₹5.05 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Bangalore, Karnataka, India |
| Gauri Leathers Private Limited | ₹5.02 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Lyrics Decor by revenue in the Consumer Products industry (Home Furnishings and Accessories Retail and Distribution), 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 Lyrics Decor Private Limited
Lyrics Decor Private Limited is audited by Shah Vagrecha & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Shah Vagrecha & Associates | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Lyrics Decor Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Lyrics Decor Private Limited
Open charges
₹7.74 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Mar 2025 | Hdfc Bank Limited | ₹7.74 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Lyrics Decor Private Limited
Lyrics Decor Private Limited has a workforce of 0 employees as of Apr 09, 2024.
Active EPFO establishments
1
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Lyrics Decor Private Limited
Lyrics Decor Private Limited has 4 board changes on record since 2020: 4 appointments. The latest: Jagruti Kapil Vaishnani was appointed as Director on 05 Nov 2020.
AGM
Lyrics Decor Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Lyrics Decor Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.74 Lakh with Charge ID 101064010 was registered on 10 Mar 2025.
Appointed
Jagruti Kapil Vaishnani was appointed as Director.
Appointed
Kapil Vallabhdas Vaishnani was appointed as Director.
Appointed
Purvi Shilpan Vaishnani was appointed as Director.
Appointed
Shilpan Vallabhdas Vaishnani was appointed as Director.
Incorporation
05 Nov 2020
Lyrics Decor Private Limited was registered on 05 Nov 2020 with Roc Ahmedabad & aged 5 years 11 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Lyrics Decor Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Lyrics Decor Private Limited
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Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Lyrics Decor Private Limited
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Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Lyrics Decor Private Limited
Lyrics Decor has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECL4083B1ZW | Gujarat | Active | 23 Apr 2021 |
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MCA Filings & Documents of Lyrics Decor Private Limited
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Frequently Asked Questions about Lyrics Decor Private Limited
Lyrics Decor is an active private limited company based in Ahmedabad, Gujarat, India. The company works in home furnishings and accessories retail, within the home and lifestyle industry. It was incorporated on 05 November 2020 (6+ years old) and is registered under CIN U51909GJ2020PTC117979.
Lyrics Decor reported revenue of ₹5.16 Cr for FY 2024 (up 23% YoY).
Lyrics Decor has 4 current directors:
- Kapil Vallabhdas Vaishnani - Director
- Shilpan Vallabhdas Vaishnani - Director
- Jagruti Kapil Vaishnani - Director
- Purvi Shilpan Vaishnani - Director
Lyrics Decor reported a net profit of ₹20.82 Lakh (net margin 4%) and EBITDA of ₹42.54 Lakh (EBITDA margin 8.2%) for FY 2024, as per its filed financial statements.
The GSTIN of Lyrics Decor is 24AAECL4083B1ZW, registered in Gujarat.
The CIN (Corporate Identification Number) of Lyrics Decor is U51909GJ2020PTC117979. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lyrics Decor was incorporated on 05 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Lyrics Decor by revenue are Trend Flooring Private Limited, Oto Motive Products (India) Private Limited, N.R. Furnishings Private Limited, Kreyam Biz Private Limited, Wallart Wallpaper Private Limited and 5 more, all in the Consumer Products industry (Home Furnishings and Accessories Retail and Distribution).
Jagruti Kapil Vaishnani was appointed as Director on 05 Nov 2020. Kapil Vallabhdas Vaishnani was appointed as Director on 05 Nov 2020. Purvi Shilpan Vaishnani was appointed as Director on 05 Nov 2020. Lyrics Decor has 4 board changes on record in total.
Yes, Lyrics Decor is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0114727).
The registered office of Lyrics Decor is at 1 Sahjanand Estate Tajpur Road Bhat Tal. Daskroi, Ahmedabad, Gujarat, India – 382210.