Deco Mica Limited

Manufacturer of decorative laminates with various finishes, sold through dealers in India.

1988 | Ahmedabad, Gujarat (India) | Active
Last Updated: June 22, 2024

Deco Mica Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.20 Cr
  • Company Age 36 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 41.36 Cr
  • Satisfied Charges ₹ 10.91 Cr
  • Revenue Growth 9.63%
  • Profit Growth 12.73%
  • Ebitda 29.70%
  • Net Worth 10.66%
  • Total Assets 3.85%

About Deco Mica

Deco Mica Limited (DML) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 June 1988 and has a history of 36 years and eight months. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531227.

The Corporate was formerly known as Deco Mica Private Limited. The Company is engaged in the Packaging Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.20 Cr.

The company currently has active open charges totaling ₹41.36 Cr. The company has closed loans amounting to ₹10.91 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Deco Mica Limited India are Shah Rajeshbhai as COMPANY SECRETARY and Vishal Bhai as Cfo. Harishkumar Joshi, Vijay Agarwal, Gunjan Pandya, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L20299GJ1988PLC010807

  • Company No.

    010807

  • Stock Symbol

    BSE : 531227

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Jun 1988

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Packaging

What products or services does Deco Mica Limited offer?

Deco Mica Limited offers a wide range of products and services, including Wood, Plywood, Veneer & Laminates, Laminate Sheets.

Who are the key members and board of directors at Deco Mica?

Executive Team (3)

NameDesignationAppointment DateStatus
Shah Rajeshbhai Country flag representing In Company Secretary01-Apr-2023Current
Vishal Bhai Country flag representing In CFO16-Jul-2019Current
Vijay Agarwal Country flag representing In Managing Director01-Jan-1997Current

Board Members (4)

NameDesignationAppointment DateStatus
Harishkumar Joshi Country flag representing In Director 15-Mar-2007Current
Gunjan Pandya Country flag representing In Director 27-Sep-2019Current
Nupur Modi Country flag representing In Director 03-Oct-2018Current
Vikas Agarwal Country flag representing In Additional Director 13-Feb-2018Current

Financial Performance of Deco Mica.

Deco Mica Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.63% increase. The company also saw a substantial improvement in profitability, with a 12.73% increase in profit. The company's net worth Soared by an impressive increase of 10.66%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
9.63%
Revenue from Operations
9.72%
Total Assets
3.85%
Profit or Loss
12.73%
Net Worth
10.66%
EBITDA
29.70%

What is the Ownership and Shareholding Structure of Deco Mica?

In 2022, Deco Mica had a promoter holding of 70.05% and a public holding of 29.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹41.36 Cr

Satisfied Charges

₹10.91 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 41.08 Cr
  • Others : 0.28 Cr

Latest Charge Details

DateLenderAmountStatus
06 Mar 2024Hdfc Bank Limited₹2.79 MOpen
26 Dec 2023Hdfc Bank Limited₹0.84 MOpen
27 Jul 2022Hdfc Bank Limited₹2.10 MOpen
21 Feb 2021Hdfc Bank Limited₹1.30 MOpen
21 Feb 2021Hdfc Bank Limited₹0.79 MOpen

How Many Employees Work at Deco Mica?

Deco Mica has a workforce of 136 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Deco Mica, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Deco Mica's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Deco Mica

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.28 Cr with Charge ID 100881413 was registered on 06 Mar 2024.

    06 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100836485 was registered on 26 Dec 2023.

    26 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 20.15 Cr registered on 30 Jan 2016 with Charge ID 10620355 was modified on 15 Dec 2023.

    15 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 20.15 Cr registered on 15 Dec 2016 with Charge ID 100071128 was modified on 28 Nov 2023.

    28 Nov 2023

  • Annual General Meeting

    Deco Mica Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Charges

    A charge registered on 12 Feb 2013 via Charge ID 10404374 with Hdfc Bank Limited was fully satisfied on 16 Sep 2023.

    16 Sep 2023

Frequently asked questions

  • Deco Mica Limited was incorporated on 07 Jun 1988.

  • The authorized share capital of Deco Mica Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.20 Cr.

  • Currently 8 directors are associated with Deco Mica Limited.

    • Shah Niharika Rajeshbhai
    • Vishal Agarwal Vijay Bhai
    • Harishkumar Dhanjibhai Joshi
    • Vijay Kumar Dindayal Agarwal
    • Gunjan Yogesh Pandya
    • Nupur Bipinchandra Modi
    • Vikas Vijay Bhai Agarwal
    • Vishal Agarwal Vijay Bhai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Deco Mica Limited is 306 3Rd Floor Iscon Mall, Star Bazar Building Jodhpur Char Rasta Satellite, Ahmedabad, Gujarat, India, 380015.

  • The corporate identification number (CIN) of Deco Mica Limited is L20299GJ1988PLC010807 and the company number is 010807 as per Ministry of Corporate Affairs (MCA).

  • Yes, Deco Mica Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Deco Mica Limited is https://www.heritagesurfaces.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Deco Mica Limited has risen by 9.63%.

  • As Per 2023 financial reports, 136 employees are currently employed by Deco Mica Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Deco Mica Limited has experienced an upsurge of 10.66%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Deco Mica Limited amount to ₹ 41.36 Cr.

  • The most recent Balance Sheet for Deco Mica Limited was filed with the ROC on 31 Mar 2023.

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