About Metro Decorative Private Limited
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Metro Decorative Private Limited is a private limited company based in Nahan, Himachal Pradesh, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 07 August 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U15143HP1982PTC001103. Its GSTIN is 02AADCM5343A1Z7 (Himachal Pradesh). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.64 Cr. It was formerly known as Jain Solvex and Export Private Limited. It is led by directors including Shubhangi Garg and Ram Kishor Agrawal.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Village Oogli (Khari) Yamuna Nagar Road Kala Amb, Nahan, Himachal Pradesh, India – 173030.
As per the financials filed for FY 2025, the company reported a revenue of ₹586.83 Cr, a growth of 69% compared to the previous year. For the same year it recorded a net profit of ₹8.69 Cr (net margin 1.5%) and EBITDA of ₹59.22 Cr (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 34% over five years.
The company has about 235 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹337.7 Cr and satisfied charges of ₹53.23 Cr on record. Court records list 21 cases involving the company, including 19 filed by the company and 2 filed against it; 4 cases are pending. The company has 15 deals on record (10 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹14.7 Cr; the latest was in March 2022. Its 7 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 4 smaller; the largest is Balaji Action Buildwell Private Limited with revenue of ₹1,969.07 Cr. The company has 6 MSME Form 1 returns on record between 2019 and 2022, listing 17 overdue payments to 8 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website crossbondindia.com.
Company details
CIN history
Metro Decorative has one previous CIN (Corporate Identification Number): U15143PB1982PTC005067. The current CIN is U15143HP1982PTC001103, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15143HP1982PTC001103 | Current |
| U15143PB1982PTC005067 | Previous |
Contact details
Metro Decorative Private Limited's registered office is in Nahan, Himachal Pradesh. Its website is crossbondindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressVillage Oogli (Khari) Yamuna Nagar Road Kala Amb, Nahan, Himachal Pradesh, India – 173030
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Metro Decorative 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 Metro Decorative is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products and plastic products, non-metallic mineral products, rubber products, fabricated metal products. 2 activity segments are registered with the MCA.
| 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 | |
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Metro Decorative Private Limited, buy the company report.
Financials of Metro Decorative Private Limited
FY 2025 filings availableMetro Decorative Private Limited reported revenue of ₹586.83 Cr (up 69% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 69% growth in the latest year. EBITDA fell 3% 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 | ₹59.22 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.69 Cr | ||||
| Balance Sheet | |||||
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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 | 10.1% | ||||
| Net Profit Margin | 1.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Metro Decorative Private Limited, buy the company report.
Board of directors of Metro Decorative Private Limited
Metro Decorative has 7 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shubhangi Garg | Director | 13 Jul 2021 | 5 Years 3 Months | Current |
| Ram Kishor Agrawal Also directs: Messina Agro International Pvt. Ltd., A R Woodcrafts Private Limited, Virat Dwellers Private Limited and 5 more | Director | 20 Jun 2012 | 14 Years 4 Months | Current |
| Anuj Garg | Director | 14 Jul 2022 | 4 Years 3 Months | Current |
| Amit Kumar Gupta Also directs: Virat Dwellers Private Limited, Ridhi Sidhi Commodeal Private Limited, Metro (India) Woodcrafts Private Limited and 1 more | Director | 31 Aug 2018 | 8 Years 2 Months | Current |
| Indira Agarwal Also directs: Crossbond Panels Private Limited, Ridhi Sidhi Commodeal Private Limited, Eastern Telecom and Technology Limited and 4 more | Director | 05 Jul 2012 | 14 Years 3 Months | Current |
| Aman Garg | Director | 23 Jun 2017 | 9 Years 4 Months | Current |
Peer comparison
Metro Decorative Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Balaji Action Buildwell Private Limited | ₹1,969.07 Cr (FY 2025) | 11.0% | Delhi, India | |||
| Stylam Industries Limited | ₹1,032.59 Cr (FY 2025) | 12.0% | Chandigarh Ut, Chandigarh, India | |||
| Rushil Decor Limited | ₹903.82 Cr (FY 2025) | 7.0% | Mansa, Gujarat, India | |||
| Metro Decorative Private Limitedthis company | ₹586.83 Cr (FY 2025) | ₹8.69 Cr | 1.5% | 69.0% | 235 | Nahan, Himachal Pradesh, India |
| Archidply Industries Limited | ₹557.46 Cr (FY 2025) | 27.0% | Rudrapur, Uttarakhand, India | |||
| Merino Panel Products Ltd | ₹524.23 Cr (FY 2020) | -3.0% | Kolkata, West Bengal, India | |||
| Advance Decorative Laminate Private Limited | ₹505.44 Cr (FY 2025) | 30.0% | Delhi, India | |||
| Globe Panel Industries India Private Limited | ₹429.35 Cr (FY 2025) | 12.0% | New Delhi, Delhi, India |
To see the full peer comparison of Metro Decorative Private Limited, buy the company report.
Auditor
Metro Decorative Private Limited is audited by M G & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M G & Co. | FY 2023 | 011354N |
Shareholding
The shareholding of Metro Decorative 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 Metro Decorative Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jun 2017 | 100115374 | Hdfc Bank Limited | ₹337.7 Cr | Open | |
| 20 Jul 2016 | 100044352 | Others | ₹13.75 Cr | Satisfied | |
| 26 Sep 2014 | 10525753 | Punjab National Bank | ₹2.2 Cr | Satisfied | |
| 22 Oct 2012 | 10386627 | Punjab National Bank | ₹1.29 Cr | Satisfied | |
| 22 Oct 2012 | 10386645 | Punjab National Bank | ₹3 Cr | Satisfied |
To see the full charge records of Metro Decorative Private Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Metro Decorative Private Limited has 15 deals on record (10 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹14.7 Cr; the latest was in March 2022.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Messina Agro International Pvt. Ltd. |
| Jan 2018 | Funding round | ₹8.46 Cr | Investors: Ridhi Sidhi Commo Deal Private Limited, Messina Agro International Pvt. Ltd. , 2 individuals |
| May 2012 | Secondary share transfer | Undisclosed | Buyer: Ridhi Sidhi Commo Deal Private Limited, 2 individuals Seller: Meghdoot Express Private Limited, N N Financial Consultants Private Limited, Aviva Paper and Pulp Private Limited |
| Mar 2012 | Funding round | ₹1.14 Cr | Investors: Tushar (India) Private Limited , Udharv Builders Private Limited , Lancer Construction Private Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Estilo Marketing Private Limited , Estern Telecom & Technology Limited, Profile Finvest Private Limited |
To see the full deal history of Metro Decorative 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
Metro Decorative Private Limited has 21 court cases on record: 19 filed by Metro Decorative, 2 filed against it. 4 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 2 | 0 |
| High courts | 10 | 0 | 4 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed against the company by M/S Radon India Pvt. Ltd. | Disposed |
| High Court of Himachal Pradesh | Writ petition | Filed by the company against State of HP and Others | Pending |
| High Court of Himachal Pradesh | Interim or miscellaneous application | Filed by the company against State of HP and Others | Pending |
| High Court of Uttarakhand | Court case (WPMB) | Filed by the company against State of Uttarakhand | Pending |
| High Court, HIMACHAL PRADESH | Interim or miscellaneous application | Filed by the company against an individual | Pending |
To see the full case history of Metro Decorative 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
Metro Decorative Private Limited has 6 MSME Form 1 returns on record between 2019 and 2022, listing 17 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Global Coating, Kala Amb | |||
| an individual supplier | |||
| MM Industries, Ghaziabad | |||
| Vimal International Private Limited |
To see the full MSME payment records of Metro Decorative Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Metro Decorative Private Limited has a workforce of 235 employees on its EPFO records as of Sep 19, 2024, across 1 active EPFO establishment.
GST
Metro Decorative has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AADCM5343A1Z7 | Himachal Pradesh | Active | 01 Jul 2017 |
| 07AADCM5343A1ZX | Delhi | Active | 26 Jul 2017 |
| 09AADCM5343A1ZT | Uttar Pradesh | Active | 15 Sep 2021 |
| 05AADCM5343A1Z1 | Uttarakhand | Active | 10 Nov 2021 |
To see the full GST registrations and return filing status of Metro Decorative Private Limited, buy the company report.
Recent activity
Metro Decorative Private Limited has 21 board changes on record since 2003: 14 appointments and 7 cessations. The latest: Shikhar Goel was appointed as Director on 05 Aug 2025.
54 earlier events are in the company report.
Frequently asked questions
Metro Decorative is an active private limited company based in Nahan, Himachal Pradesh, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 07 August 1982 (44+ years old) and is registered under CIN U15143HP1982PTC001103.
Metro Decorative has 7 current directors:
- Shubhangi Garg - Director
- Ram Kishor Agrawal - Director
- Anuj Garg - Director
- Amit Kumar Gupta - Director
- Indira Agarwal - Director
- Aman Garg - Director
- Shikhar Goel - Director
The latest financial statements of Metro Decorative on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Metro Decorative is 02AADCM5343A1Z7, registered in Himachal Pradesh. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 07AADCM5343A1ZX (Delhi), 09AADCM5343A1ZT (Uttar Pradesh), 05AADCM5343A1Z1 (Uttarakhand).
The CIN (Corporate Identification Number) of Metro Decorative is U15143HP1982PTC001103. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Metro Decorative has 21 court cases on record: 19 filed by the company and 2 filed against it. 4 are pending. Most are in the district courts.
Metro Decorative was incorporated on 07 August 1982, making it 44+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
Metro Decorative has 15 deals on record (10 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹14.7 Cr; the latest was in March 2022.
The peers of Metro Decorative by revenue are Balaji Action Buildwell Private Limited, Stylam Industries Limited, Rushil Decor Limited, Archidply Industries Limited, Merino Panel Products Ltd and 2 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).
Shikhar Goel was appointed as Director on 05 Aug 2025. Priyanshu Agarwal ceased to be Director on 31 Mar 2024. Anuj Garg was appointed as Director on 14 Jul 2022. Metro Decorative has 21 board changes on record in total.
Metro Decorative has 6 MSME Form 1 returns on record between 2019 and 2022, listing 17 overdue payments to 8 micro and small suppliers. The latest return was filed on 30 Apr 2022.
Metro Decorative can be reached through the website crossbondindia.com. Its registered office is in Nahan, Himachal Pradesh, India.
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