About Olympic Decor LLP
Data last updated:
Olympic Decor LLP is a limited liability partnership (LLP) based in Ahmedabad, Gujarat, India. It operates in the paper segment of the packaging sector. It was incorporated on 16 March 2016 and has been in existence for over 10 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAF-9531. Its GSTIN is 07ADAFS2113H1ZI (Delhi). The LLP holds 11 GST registrations, of which 9 are active.
The LLP has a total obligation of contribution of ₹24.76 Cr. It is led by designated partners Jitendra Tulsidas Patel and Arvindkumar Ambalal Patel.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Jayantilal Park, Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the LLP reported a revenue of ₹366.41 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹42.39 Cr (net margin 11.6%) and EBITDA of ₹69.03 Cr (EBITDA margin 18.8%). Revenue has grown at a compounded annual rate (CAGR) of 9% over five years.
The LLP is associated with 2 brands: Pavimento and Royale Touche. As per MCA filings, the LLP has open charges of ₹54.3 Cr on record. Court records list 38 cases involving the LLP, including 12 filed by the LLP and 26 filed against it; 5 cases are pending.
For more details, the LLP can be reached via its website royaletouche.com.
Company details
Contact details
Olympic Decor LLP's registered office is in Ahmedabad, Gujarat. Its website is royaletouche.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressN.T. – 401 One – 42 B/H. Ashok Vatika Nr. Jayantilal Park Brts Ambli – Bopal Ro, Ad, Ahmedabad, Gujarat, India – 380054
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
To see the full contact details of Olympic Decor LLP, 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
Brands
Olympic Decor operates two associated brands: Pavimento and Royale Touche. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides high-quality laminate flooring with quick installation and modern designs. | pavimentofloors.com | |
| Produces high-quality laminate products for industrial and commercial use. | royaletouche.com |
Financials of Olympic Decor LLP
FY 2025 filings availableOlympic Decor LLP reported revenue of ₹366.41 Cr (up 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 5% growth in the latest year. EBITDA fell 17% 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
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
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| Other Income | |||||
| Total Income | ₹366.41 Cr | ||||
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| Tax | |||||
| Profit After Tax | ₹42.39 Cr | ||||
| Profit Transferred to Partners | |||||
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Financial Ratios
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 11.6% | ||||
| Return on Partners' Funds | |||||
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To see the full financial statements and ratios of Olympic Decor LLP, buy the company report.
Designated partners of Olympic Decor LLP
Olympic Decor has 2 current designated partners and 7 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitendra Tulsidas Patel Also directs: Siblings and Chain LLP, Royal Touch Laminates Private Limited, Royale Touche Industries Private Limited and 3 more | Designated Partner | 16 Mar 2016 | 10 Years 7 Months | Current |
| Arvindkumar Ambalal Patel Also directs: Royal Touch Laminates Private Limited, Royale Touche Industries Private Limited, Royal Crown Laminates Private Limited and 2 more | Designated Partner | 16 Mar 2016 | 10 Years 7 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 May 2019 | 100301582 | The Hongkong and Shanghai Banking Corporation Limited | ₹33 Cr | Open | |
| 14 Oct 2016 | 100056938 | Icici Bank Limited | ₹21.3 Cr | Open |
To see the full charge records of Olympic Decor LLP, buy the company report.
Total charge records: 2 View all charges
Legal cases
Olympic Decor LLP has 38 court cases on record: 12 filed by Olympic Decor, 26 filed against it. 5 cases are pending and 33 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 25 | 24 | 0 |
| High courts | 13 | 2 | 5 |
Cases on record (5 of 38)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Appeal | Filed by the company against Rangoli Laminate Private Limited | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Shemaroo Entertainment Ltd and 1 other | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Shemaroo Entertainment Limited | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against Union of India | Pending |
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by Principal Commissioner of Income Tax 3, Ahmedabad | Pending |
To see the full case history of Olympic Decor LLP, 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 Olympic Decor LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Olympic Decor has 11 GST registrations: 9 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07ADAFS2113H1ZI | Delhi | Active | 01 Jul 2017 |
| 24ADAFS2113H2ZL | Gujarat | Active | 01 Jul 2017 |
| 10ADAFS2113H1ZV | Bihar | Active | 30 Jun 2018 |
| 09ADAFS2113H1ZE | Uttar Pradesh | Active | 26 Jul 2018 |
To see the full GST registrations and return filing status of Olympic Decor LLP, buy the company report.
Recent activity
Olympic Decor LLP has 9 designated partner changes on record since 2016: 9 appointments. The latest: Roopal Jinesh Shah was appointed as Partner on 29 Mar 2024.
3 earlier events are in the company report.
Frequently asked questions
Olympic Decor is an active limited liability partnership based in Ahmedabad, Gujarat, India. The LLP works in paper, within the packaging industry. It was incorporated on 16 March 2016 (10+ years old) and is registered under LLPIN AAF-9531.
Olympic Decor has 2 current designated partners:
- Jitendra Tulsidas Patel - Designated Partner
- Arvindkumar Ambalal Patel - Designated Partner
The latest financial statements of Olympic Decor on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Olympic Decor is 07ADAFS2113H1ZI, registered in Delhi. The LLP has 11 GST registrations in all, of which 9 are active and 2 are cancelled or inactive. Other active GSTINs include 24ADAFS2113H2ZL (Gujarat), 10ADAFS2113H1ZV (Bihar), 09ADAFS2113H1ZE (Uttar Pradesh).
The LLPIN (Limited Liability Partnership Identification Number) of Olympic Decor is AAF-9531. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Olympic Decor has 38 court cases on record: 12 filed by the LLP and 26 filed against it. 5 are pending. Most are in the district courts.
Olympic Decor was incorporated on 16 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Roopal Jinesh Shah was appointed as Partner on 29 Mar 2024. Rutuza Arvind Patel was appointed as Partner on 29 Mar 2024. Shetal Hemendra Jadeja was appointed as Partner on 29 Mar 2024. Olympic Decor has 9 designated partner changes on record in total.
Olympic Decor can be reached through the website royaletouche.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Olympic Decor is at N.T. – 401 One – 42 BH. Ashok Vatika Nr. Jayantilal Park Brts Ambli – Bopal Ro, Ad, Ahmedabad, Gujarat, India – 380054.
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