Marvel Decor Limited

Designs and sells window coverings and automation products with nationwide presence and two manufacturing units.

1996 | Jamnagar, Gujarat (India) | Active
Last Updated:

Marvel Decor Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 17.74 Cr
  • Company Age 28 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 17.12 Cr
  • Satisfied Charges ₹ 28.60 Cr
  • Revenue Growth 9.18%
  • Profit Growth 6.56%
  • Ebitda -36.90%
  • Net Worth 2.33%
  • Total Assets 7.10%

About Marvel Decor

Marvel Decor Limited (MDL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 October 1996 and has a history of 28 years and five months. Its registered office is in Jamnagar, Gujarat, India.

It is listed on the National Stock Exchange(NSE) under the ticker symbol MDL.

The Corporate was formerly known as Marvel Decor Private Limited. The Company is engaged in the Home & Lifestyle 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 20.00 Cr and a paid-up capital of Rs 17.74 Cr.

The company currently has active open charges totaling ₹17.12 Cr. The company has closed loans amounting to ₹28.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Marvel Decor Limited India are Urmi Paun as CFO and Mayursinh Gohil as Company Secretary. Dhansukhbhai Devani, Dhiren Shah, Dipak Paun, and Five other members serve as directors at the Company.

Company Details

  • Location

    Jamnagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L18109GJ1996PLC030870

  • Company No.

    030870

  • Stock Symbol

    NSE : MDL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Oct 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Home & Lifestyle

Who are the key members and board of directors at Marvel Decor?

Executive Team (3)

NameDesignationAppointment DateStatus
Urmi Paun Country flag representing In CFO24-Jan-2018Current
Ashok Paun Country flag representing In Managing Director04-Oct-1996Current
Mayursinh Gohil Company Secretary11-Jan-2024Current

Board Members (7)

NameDesignationAppointment DateStatus
Urmi Paun Country flag representing In Director and Cfo 07-Oct-2000Current
Dhansukhbhai Devani Country flag representing In Director 24-Jan-2018Current
Dhiren Shah Country flag representing In Director 17-Jul-2021Current
Dipak Paun Country flag representing In Director 04-Oct-1996Current
Dipti Paun Country flag representing In Director 07-Oct-2000Current
Rajesh Morzaria Country flag representing In Director 24-Jan-2018Current

Financial Performance of Marvel Decor.

Marvel Decor Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.18% increase. The company also saw a slight improvement in profitability, with a 6.56% increase in profit. The company's net worth moved up by a moderate rise of 2.33%.

Marvel Decor revenue growth over time
Marvel Decor 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
9.18%
Revenue from Operations
6.25%
Total Assets
7.10%
Profit or Loss
6.56%
Net Worth
2.33%
EBITDA
-36.90%

What is the Ownership and Shareholding Structure of Marvel Decor?

In 2023, Marvel Decor had a promoter holding of 72.91% and a public holding of 27.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹17.12 Cr

Satisfied Charges

₹28.60 Cr

Charges Breakdown by Lending Institutions

  • Others : 16.07 Cr
  • Hdfc Bank Limited : 1.05 Cr

Latest Charge Details

DateLenderAmountStatus
10 Oct 2024Hdfc Bank Limited₹5.64 MOpen
16 Nov 2023Hdfc Bank Limited₹0.90 MOpen
06 Dec 2022Others₹1.15 MOpen
02 Aug 2022Others₹15.95 CrOpen
02 May 2022Hdfc Bank Limited₹4.00 MOpen

How Many Employees Work at Marvel Decor?

Marvel Decor has a workforce of 96 employees as of Apr 05, 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.

Employee growth trends for Marvel Decor Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Marvel Decor, 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 Marvel Decor'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 Marvel Decor

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.56 Cr with Charge ID 100987156 was registered on 10 Oct 2024.

  • Director Appointment

    Mayursinh Oghubha Gohil was appointed as a Company Secretary was appointed as a Company Secretary on 11 Jan 2024 & has been associated with this company since 1 year 2 months .

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100820566 was registered on 16 Nov 2023.

  • Annual General Meeting

    Marvel Decor Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Marvel Decor Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge with Others amounted to Rs. 0.12 Cr with Charge ID 100667134 was registered on 06 Dec 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Marvel Decor Limited?

    Marvel Decor Limited was incorporated on 04 Oct 1996.

  • What is authorized share capital and paid-up capital of Marvel Decor Limited?

    The authorized share capital of Marvel Decor Limited is ₹ 20.00 Cr and paid-up capital is ₹ 17.74 Cr.

  • Who are the current board members & directors of Marvel Decor Limited?

    Currently 10 directors are associated with Marvel Decor Limited.

    • Dhansukhbhai Jasmatbhai Devani
    • Dhiren Mansukh Shah
    • Dipak Ramniklal Paun
    • Dipti Dipak Paun
    • Urmi Ashok Paun
    • Ashok Ramniklal Paun
    • Rajesh Jivanlal Morzaria
    • Khwahish Paun
    • Urmi Ashok Paun
    • Mayursinh Oghubha Gohil

  • What is the registered address of Marvel Decor Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Marvel Decor Limited is Plot No 211 Gidc Phase Ii, Dared India, Jamnagar, Gujarat, 361004.

  • What is the corporate identification number (CIN) and company number of Marvel Decor Limited?

    The corporate identification number (CIN) of Marvel Decor Limited is L18109GJ1996PLC030870 and the company number is 030870 as per Ministry of Corporate Affairs (MCA).

  • Is Marvel Decor Limited registered with any stock exchange in India?

    Yes, Marvel Decor Limited is registered on National Stock Exchange (NSE).

  • What is the official website of Marvel Decor Limited?

    The Official website of Marvel Decor Limited is https://www.marvellifestyle.com

  • What has been the recent revenue trend for Marvel Decor Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Marvel Decor Limited has risen by 9.18%.

  • How many employees does Marvel Decor Limited currently have?

    As Per 2023 financial reports, 96 employees are currently employed by Marvel Decor Limited.

  • What change has been observed in the net worth of Marvel Decor Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Marvel Decor Limited has experienced an upsurge of 2.33%.

  • What are the total open charges for Marvel Decor Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Marvel Decor Limited amount to ₹ 17.12 Cr.

  • When was the last Balance Sheet of Marvel Decor Limited filed with the ROC?

    The most recent Balance Sheet for Marvel Decor Limited was filed with the ROC on 31 Mar 2023.

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