About Shangar Decor Limited
Data last updated: 23 December 2025
Shangar Decor Limited is a public limited company based in Ahmedabad, Gujarat, India. It specialises in event planning and management, a part of the broader events and entertainment sector. Incorporated on 16 November 1995, the company has been in operation for over 31 years.
Registered with ROC Ahmedabad under CIN L36998GJ1995PLC028139. Listed on BSE: 540259.
Capital: an authorised share capital of ₹50 Cr and a paid-up capital of ₹48.96 Cr. It is led by directors including Shagun Rathi and Aanal Milankumar Satyawadi.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: 4 Sharad Flats Opp – Dharnidhartemple, Ahmedabad, Gujarat, India – 380007.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.59 Cr, a growth of 43% compared to the previous year.
The company is associated with 1 brand - Shangar Decor. As per MCA filings, the company has open charges of ₹1.6 Cr and satisfied charges of ₹25 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shangardecor.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered Address4 Sharad Flats Opp – Dharnidhartemple, Ahmedabad, Gujarat, India – 380007
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IndustryEvents and Entertainment, Event Planning & Management
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Shangar Decor Limited
Shangar Decor Limited has one previous CIN (Corporate Identification Number): U36998GJ1995PLC028139. The current CIN is L36998GJ1995PLC028139, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L36998GJ1995PLC028139 | Current |
| U36998GJ1995PLC028139 | Previous |
Associated Brands with Shangar Decor Limited
Shangar Decor Limited operates one associated brand: Shangar Decor. These brands represent Shangar Decor Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Home decor and event management services are provided. | shangardecor.com |
Competitors & Alternatives of Shangar Decor Limited
Brands and companies operating in the same space as Shangar Decor Limited include Smart Wedding, The Wedding Design, Q Events by Geeta Samuel and 2 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Smart Wedding
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Offers wedding planning, packages, and event services in India. | Delhi, India, India | 2018 |
The Wedding Design
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Provides wedding design, planning, hospitality, and event services in India. | New Delhi, India, India | 2004 |
Q Events by Geeta Samuel
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Offers customized wedding design, styling, and decorations with in-house production facilities. | Noida, India, India | 2009 |
Meghha Flowers
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Imports and supplies fresh flowers for wedding decorations and events. | Delhi, India, India | 2016 |
Sumaaroh
|
Provides wedding planning, venue, decor, and photography services in India. | New Delhi, India, India | 2017 |
Business Activity of Shangar Decor Limited
Shangar Decor Limited is engaged in the principal business activity of personal and household service, with detailed activities including other personal service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| S | Personal and Household service | S4 | Other Personal service activities | ********* |
Auditor Details of Shangar Decor Limited
Shangar Decor Limited is audited by SK BHAVSAR & CO (ICAI peer reviewed, certificate valid till 2029-01-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| SK BHAVSAR & CO (ICAI peer reviewed, certificate valid till 2029-01-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Shangar Decor Limited
Shangar Decor Limited is currently managed by 9 directors, with 20 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shagun Rathi | Company Secretary | 21 Jul 2025 | 0 Years 11 Months | Current |
|
Aanal Milankumar Satyawadi
Also directs:
Monokrom Mediquip Llp, Suvarna Shilpi Jewellers Limited, Isoluxsolar Private Limited and 1 more
|
Director | 03 Sep 2024 | 1 Years 10 Months | Current |
| Moulin Samir Shah | Ceo | 03 Sep 2025 | 0 Years 10 Months | Current |
| Samirbhai Rasiklal Shah | Managing Director | 25 Nov 1995 | 30 Years 7 Months | Current |
| Bhavinkumar Arvindkumar Patel | Director | 03 Sep 2024 | 1 Years 10 Months | Current |
| Saumil Shrenikbhai Shah | Director | 01 Nov 2006 | 19 Years 8 Months | Current |
Financials of Shangar Decor Limited FY 2026 filings available
Shangar Decor Limited reported revenue of ₹23.26 Cr (up 26.95% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹23.26 Cr | ₹18.32 Cr | ₹12.99 Cr | ₹9.66 Cr | ₹6.2 Cr | ₹6.94 Cr | ₹6.22 Cr |
| Other Income | ₹57,000 | ₹26.66 Lakh | ₹50,000 | ₹1.18 Lakh | ₹31,000 | ₹8.17 Lakh | ₹31,000 |
| Total Income | ₹23.27 Cr | ₹18.59 Cr | ₹12.99 Cr | ₹9.67 Cr | ₹6.2 Cr | ₹7.02 Cr | ₹6.22 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹12.41 Cr | ₹7.71 Cr | ₹5.33 Cr | ₹3.16 Cr | ₹3.08 Cr | ₹4.31 Cr | ₹3.13 Cr |
| Changes in Inventories | ₹1.62 Cr | -₹2.01 Cr | ₹52.36 Lakh | ₹55.74 Lakh | -₹32.77 Lakh | -₹1.38 Cr | -₹5.1 Lakh |
| Employee Benefit Expense | ₹44.6 Lakh | ₹42.38 Lakh | ₹28.24 Lakh | ₹27.61 Lakh | ₹31.32 Lakh | ₹48.74 Lakh | ₹29.7 Lakh |
| Finance Costs | ₹5.23 Lakh | ₹5.54 Lakh | ₹4.67 Lakh | ₹5.54 Lakh | ₹8.14 Lakh | ₹3.4 Lakh | ₹6.65 Lakh |
| Depreciation & Amortisation | ₹3.2 Cr | ₹1.71 Cr | ₹1.33 Cr | ₹1.24 Cr | ₹1.07 Cr | ₹74.52 Lakh | ₹80.88 Lakh |
| Other Expenses | ₹3.45 Cr | ₹9.42 Cr | ₹4.42 Cr | ₹4.1 Cr | ₹1.89 Cr | ₹2.42 Cr | ₹1.7 Cr |
| Total Expenses | ₹21.18 Cr | ₹17.31 Cr | ₹11.93 Cr | ₹9.39 Cr | ₹6.12 Cr | ₹6.62 Cr | ₹5.95 Cr |
| Profit Before Exceptional Items & Tax | ₹2.08 Cr | ₹1.28 Cr | ₹1.06 Cr | ₹27.75 Lakh | ₹8.37 Lakh | ₹39.31 Lakh | ₹27.43 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹2.08 Cr | ₹1.28 Cr | ₹1.06 Cr | ₹27.75 Lakh | ₹8.37 Lakh | ₹39.31 Lakh | ₹27.43 Lakh |
| Total Tax Expense | ₹60.88 Lakh | ₹46.78 Lakh | ₹31.19 Lakh | ₹7.57 Lakh | ₹3.18 Lakh | ₹6.21 Lakh | ₹6.64 Lakh |
| Net Profit | ₹1.47 Cr | ₹81.32 Lakh | ₹75.26 Lakh | ₹20.18 Lakh | ₹5.19 Lakh | ₹33.1 Lakh | ₹20.79 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹1.47 Cr | ₹81.32 Lakh | ₹75.26 Lakh | ₹20.18 Lakh | ₹5.19 Lakh | ₹33.1 Lakh | ₹20.79 Lakh |
| EBITDA (computed) | ₹5.34 Cr | ₹3.05 Cr | ₹2.44 Cr | ₹1.57 Cr | ₹1.24 Cr | ₹1.17 Cr | ₹1.15 Cr |
| Basic EPS | ₹0.03 | ₹0.02 | ₹0.61 | ₹0.33 | ₹0.08 | ₹1.08 | ₹0.68 |
| Diluted EPS | ₹0.03 | ₹0.02 | ₹0.61 | ₹0.33 | ₹0.08 | ₹1.08 | ₹0.68 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Total Assets | ₹71.28 Cr | ₹63.97 Cr | ₹27.1 Cr | ₹22.79 Cr | ₹19.92 Cr | ₹18.32 Cr | ₹14.44 Cr |
| Non-current Assets | ₹51.65 Cr | ₹22.73 Cr | ₹12.53 Cr | ₹11.81 Cr | ₹9.27 Cr | ₹8.03 Cr | ₹7.08 Cr |
| Current Assets | ₹19.63 Cr | ₹41.23 Cr | ₹14.56 Cr | ₹10.99 Cr | ₹10.65 Cr | ₹10.28 Cr | ₹7.36 Cr |
| Property, Plant & Equipment | ₹37 Cr | ₹18.7 Cr | ₹12.5 Cr | ₹11.79 Cr | ₹9.24 Cr | ₹8.01 Cr | ₹6.89 Cr |
| Inventories | ₹2.47 Cr | ₹4.09 Cr | ₹2.09 Cr | ₹2.61 Cr | ₹3.17 Cr | ₹2.63 Cr | ₹1.25 Cr |
| Trade Receivables | ₹12.49 Cr | ₹12.24 Cr | ₹9.85 Cr | ₹6.71 Cr | ₹6.19 Cr | ₹5.41 Cr | ₹4.75 Cr |
| Cash & Equivalents | ₹1.69 Cr | ₹8.18 Cr | ₹1.86 Cr | ₹24.08 Lakh | ₹25.82 Lakh | ₹1.16 Cr | ₹58.11 Lakh |
| Equity (Net Worth) | ₹59.01 Cr | ₹57.54 Cr | ₹7.37 Cr | ₹6.62 Cr | ₹6.42 Cr | ₹6.11 Cr | ₹5.8 Cr |
| Equity Share Capital | ₹48.96 Cr | ₹48.96 Cr | ₹6.12 Cr | ₹6.12 Cr | ₹6.12 Cr | ₹3.06 Cr | ₹3.06 Cr |
| Borrowings (Non-current) | ₹6.42 Cr | ₹46.51 Lakh | ₹8.47 Cr | ₹9.81 Cr | ₹6.21 Cr | ₹3.38 Cr | ₹1.4 Cr |
| Borrowings (Current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹5.68 Cr |
| Total Debt (computed) | ₹6.42 Cr | ₹46.51 Lakh | ₹8.47 Cr | ₹9.81 Cr | ₹6.21 Cr | ₹3.38 Cr | ₹7.08 Cr |
| Current Liabilities | ₹5.62 Cr | ₹5.8 Cr | ₹11.25 Cr | ₹6.22 Cr | ₹7.15 Cr | ₹8.67 Cr | ₹7.24 Cr |
| Total Liabilities | ₹12.28 Cr | ₹6.43 Cr | ₹19.72 Cr | ₹16.17 Cr | ₹13.5 Cr | ₹12.2 Cr | ₹8.64 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹19.72 Cr | -₹10.44 Cr | ₹5.06 Cr | ₹43.7 Lakh | -₹41.86 Lakh |
| Investing Cash Flow | -₹32.12 Cr | -₹24.53 Cr | -₹2.05 Cr | -₹3.78 Cr | -₹1.85 Cr |
| Financing Cash Flow | ₹5.91 Cr | ₹41.29 Cr | -₹1.38 Cr | ₹3.33 Cr | ₹2.48 Cr |
| Capital Expenditure | ₹21.51 Cr | ₹7.91 Cr | ₹2.05 Cr | ₹3.78 Cr | ₹1.85 Cr |
| Free Cash Flow (computed) | -₹1.79 Cr | -₹18.35 Cr | ₹3.01 Cr | -₹3.34 Cr | -₹2.26 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹6.49 Cr | ₹6.31 Cr | ₹1.62 Cr | -₹1.74 Lakh | ₹21.4 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹12.99 Cr | ₹5.16 Cr | ₹2.7 Cr | ₹2.41 Cr | ₹6.48 Cr | ₹6.55 Cr | ₹3.46 Cr | ₹1.83 Cr |
| Other Income | ₹17,000 | ₹0 | ₹35,000 | ₹5,000 | ₹24.52 Lakh | ₹1.92 Lakh | ₹11,000 | ₹11,000 |
| Total Income | ₹12.99 Cr | ₹5.16 Cr | ₹2.7 Cr | ₹2.41 Cr | ₹6.73 Cr | ₹6.57 Cr | ₹3.46 Cr | ₹1.83 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹7.1 Cr | ₹1.75 Cr | ₹1.93 Cr | ₹1.61 Cr | ₹4.37 Cr | ₹2.68 Cr | ₹56.64 Lakh | ₹9.17 Lakh |
| Changes in Inventories | ₹2.63 Cr | ₹1.15 Cr | -₹93.92 Lakh | -₹1.22 Cr | -₹69.79 Lakh | -₹1.56 Cr | ₹51.37 Lakh | -₹25.71 Lakh |
| Employee Benefit Expense | ₹8.82 Lakh | ₹8.21 Lakh | ₹9.87 Lakh | ₹17.7 Lakh | ₹13.66 Lakh | ₹13.97 Lakh | ₹7.71 Lakh | ₹7.04 Lakh |
| Finance Costs | ₹1.48 Lakh | ₹1.31 Lakh | ₹1.38 Lakh | ₹1.06 Lakh | ₹1.19 Lakh | ₹2.56 Lakh | ₹1.07 Lakh | ₹70,000 |
| Depreciation & Amortisation | ₹1.09 Cr | ₹90.52 Lakh | ₹64.97 Lakh | ₹56.12 Lakh | ₹55.54 Lakh | ₹41.57 Lakh | ₹37.72 Lakh | ₹36.05 Lakh |
| Other Expenses | ₹1.35 Cr | ₹58.35 Lakh | ₹44.79 Lakh | ₹1.08 Cr | ₹4.27 Cr | ₹2.9 Cr | ₹85.48 Lakh | ₹1.44 Cr |
| Total Expenses | ₹12.27 Cr | ₹4.49 Cr | ₹2.2 Cr | ₹2.22 Cr | ₹8.64 Cr | ₹4.61 Cr | ₹2.4 Cr | ₹1.71 Cr |
| Profit Before Exceptional Items & Tax | ₹72.21 Lakh | ₹66.6 Lakh | ₹49.76 Lakh | ₹19.75 Lakh | -₹1.92 Cr | ₹1.97 Cr | ₹1.06 Cr | ₹12.48 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹72.21 Lakh | ₹66.6 Lakh | ₹49.76 Lakh | ₹19.75 Lakh | -₹1.92 Cr | ₹1.97 Cr | ₹1.06 Cr | ₹12.48 Lakh |
| Total Tax Expense | ₹21.5 Lakh | -₹1.48 Lakh | ₹33.33 Lakh | ₹7.52 Lakh | -₹33.55 Lakh | ₹49.52 Lakh | ₹27.54 Lakh | ₹3.27 Lakh |
| Net Profit | ₹50.71 Lakh | ₹68.08 Lakh | ₹16.43 Lakh | ₹12.23 Lakh | -₹1.58 Cr | ₹1.47 Cr | ₹78.36 Lakh | ₹9.21 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹50.71 Lakh | ₹68.08 Lakh | ₹16.43 Lakh | ₹12.23 Lakh | -₹1.58 Cr | ₹1.47 Cr | ₹78.36 Lakh | ₹9.21 Lakh |
| EBITDA (computed) | ₹1.82 Cr | ₹1.58 Cr | ₹1.16 Cr | ₹76.93 Lakh | -₹1.35 Cr | ₹2.41 Cr | ₹1.45 Cr | ₹49.23 Lakh |
| Basic EPS | ₹0.01 | ₹0.01 | ₹0.00 | ₹0.00 | ₹-0.03 | ₹0.15 | ₹0.64 | ₹0.08 |
| Diluted EPS | ₹0.00 | ₹0.01 | ₹0.00 | ₹0.00 | ₹-0.03 | ₹0.15 | ₹0.64 | ₹0.08 |
Shareholding Pattern of Shangar Decor Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 2.94%, retail and other public shareholders hold 97.06% of Shangar Decor Limited. The company had 43,527 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 2.94% | 2.94% | 2.94% | 2.94% | 2.96% | 2.96% |
| Public | 97.06% | 97.06% | 97.06% | 97.06% | 97.04% | 97.04% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 2.94% | 2.96% | 22.96% |
| Public | 97.06% | 97.04% | 77.04% |
| Promoter change (YoY, %pts) | -0.02 | -20.00 | - |
Charges & Borrowings of Shangar Decor Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Mar 2014 | Axis Bank Limited | ₹1.5 Cr | Open |
| 24 Feb 1998 | United Co-Op Bank Ltd. | ₹5 Lakh | Open |
| 24 Feb 1998 | United Co-Op Bank Ltd. | ₹5 Lakh | Open |
| 22 Jun 1999 | Cooperative Bank of Ahmedabad | ₹25 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Shangar Decor Limited
View historical data on people associated with Shangar Decor Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Shangar Decor Limited
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GST Compliance of Shangar Decor Limited
GSTIN & GST Filing Data of Shangar Decor Limited
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Credit Ratings, Litigation & Regulatory Alerts for Shangar Decor Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Shangar Decor Limited
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MSME Payment Delays by Shangar Decor Limited
MSME Payment Delays by Shangar Decor Limited
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Subsidiaries & Group Companies of Shangar Decor Limited
Subsidiaries & Group Companies of Shangar Decor Limited
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MCA Filings & Documents of Shangar Decor Limited
MCA Filings & Documents of Shangar Decor Limited
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Recent Activity on Shangar Decor Limited
Frequently Asked Questions about Shangar Decor Limited
Shangar Decor Limited is an active public limited company in the events and entertainment sector based in Ahmedabad, Gujarat, India. It was incorporated on 16 November 1995 (31+ years old) and is registered under CIN L36998GJ1995PLC028139. Listed on BSE: 540259.
Shangar Decor Limited reported revenue of ₹18.59 Cr for FY 2025 (up 43.00% YoY).
The current directors of Shangar Decor Limited are:
- Shagun Rathi
- Shubhangi Chourasia
- Aanal Milankumar Satyawadi
- Moulin Samir Shah
- Saumil Shrenikbhai Shah
- Samirbhai Rasiklal Shah
- Bhavinkumar Arvindkumar Patel
- Moulin Samir Shah
- Jalpa Moulin Shah
The primary industry of Shangar Decor Limited is events and entertainment. The company specifically operates in event planning and management. The company is currently active in this sector.
Yes. Shangar Decor Limited is listed on BSE with code 540259.
Shangar Decor Limited can be reached at the registered office: 4 Sharad Flats Opp – Dharnidhartemple, Ahmedabad, Gujarat, India – 380007, or through the website shangardecor.com.