Panel Decor Private Limited
About Panel Decor Private Limited
Data last updated:
Panel Decor Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 24 October 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29190GJ2008PTC055303. Its GSTIN is 24AAECP8568M1ZR (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Hiteshkumar Kantilal Patel and Sajeda Mohammed Hanif Shaikh.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 51 Dahyabhai Park Nr. Old Dhor Bazar Kankaria Road, Ahmedabad, Gujarat, India – 380022.
As per the financials filed for FY 2022, the company reported a revenue of ₹18.37 Cr, a growth of 135% compared to the previous year. For the same year it recorded a net profit of ₹9.7 Lakh (net margin 0.5%) and EBITDA of ₹42.88 Lakh (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 43% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address51 Dahyabhai Park Nr. Old Dhor Bazar Kankaria Road, Ahmedabad, Gujarat, India – 380022
- IndustryManufacturing, Wood Products & MDF
- 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
- One PDF report, delivered after checkout
Business Activity of Panel Decor Private Limited
The main business activity of Panel 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 |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Panel Decor Private Limited FY 2022 filings available
Panel Decor Private Limited reported revenue of ₹18.37 Cr (up 135% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Panel Decor Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 135% growth in the latest year. EBITDA rose 62% 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 of Panel Decor Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹18.37 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹42.88 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.7 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 Panel Decor Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| 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 Panel Decor are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Panel Decor Private Limited
Panel Decor Private Limited is audited by HITESH GOHEL & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HITESH GOHEL & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Panel Decor Private Limited
Panel Decor has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiteshkumar Kantilal Patel Also directs: Panel Technos Private Limited | Director | 24 Oct 2008 | 17 Years 11 Months | Current |
| Sajeda Mohammed Hanif Shaikh Also directs: Ligna Decor Private Limited | Director | 17 Dec 2016 | 9 Years 9 Months | Current |
| Anand Shambhugiri Goswami Also directs: Ligna Decor Private Limited, Panel Technos Private Limited | Additional Director | 03 Nov 2008 | 17 Years 11 Months | Current |
Ownership and Shareholding of Panel Decor Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Panel Decor Private Limited
Panel Decor Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Panel Decor Private Limited
Panel Decor Private Limited has a workforce of 2 employees as of Mar 21, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Panel Decor Private Limited
Credit Ratings, Litigation & Regulatory Alerts for Panel Decor Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Panel Decor Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Panel Decor Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Panel Decor Private Limited
Panel Decor has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECP8568M1ZR | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Panel Decor Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Panel Decor Private Limited
Panel Decor is an active private limited company based in Ahmedabad, Gujarat, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 24 October 2008 (18+ years old) and is registered under CIN U29190GJ2008PTC055303.
Panel Decor reported revenue of ₹18.37 Cr for FY 2022 (up 135% YoY).
Panel Decor has 3 current directors:
- Hiteshkumar Kantilal Patel - Director
- Sajeda Mohammed Hanif Shaikh - Director
- Anand Shambhugiri Goswami - Additional Director
Panel Decor reported a net profit of ₹9.7 Lakh (net margin 0.5%) and EBITDA of ₹42.88 Lakh (EBITDA margin 2.3%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Panel Decor is 21% over three years and 43% over five years. In the latest year (FY 2022) revenue rose 135%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Panel Decor is 24AAECP8568M1ZR, 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 Panel Decor is U29190GJ2008PTC055303. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panel Decor was incorporated on 24 October 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Panel Decor is at 51 Dahyabhai Park Nr. Old Dhor Bazar Kankaria Road, Ahmedabad, Gujarat, India – 380022.