Marvel Decor

SMENSE: MDL
Compare with peers
₹ 45.60▼ 6.35 (−12.22%)28 Oct, 03:28 pm IST
Market cap
₹ 86 Cr.
P/E
19.2x
P/B
1.44x
52-week range
42.8 – 99.9
ROE
7%
ROCE
7.9%
Dividend yield
0%
Debt / equity
0.32
Sector
Consumer Durables
Industry
Furniture, Home Furnishing
Listed on
NSE SME

About

Marvel Decor Limited is an India-based company, which is engaged in the business of window covering fashion blinds, components and supplying it to the companies making windows covering fashion blinds. The Company offers various products, including Roller Blinds, Aric Blinds, Patricia Blinds, Colby Blinds, Luzon Blinds, Grayson Blinds, Dorren Blinds, Panel Blinds, Roman Blinds, Skylight Blinds, Printed Blinds, Eton Blinds, Sierra Blinds, Meliso Blinds, Vertical Blinds and Bamboo Blinds. It has three advanced manufacturing facilities-two in Jamnagar, Gujarat, and one in Dubai, United Arab Emirates. Its robust network of over 450 active channel partners spans key regions, including the United States, United Kingdom, Canada, GCC, Australia, and New Zealand.

Quick check

The five things to look at first. Open one for more.

Marvel Decor against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)19.2 against a typical 19.7: cheaper than most peers (1st = cheapest).12th of 24
  • Sales growth+15.7% against a typical +13.9% from a year earlier.9th of 18
  • Profit growth+31% against a typical −38.2% from a year earlier.7th of 18
  • Share price, 3 months−29.3% against a typical −18.3%.17th of 21
  • Size₹ 85.5 Cr. market value against a typical ₹ 85.5 Cr. (1st = largest).12th of 23

Research by Minerva Capital Research Solutions

Our research team's work on Marvel Decor

Also covered in

Sector note · 4 Aug 2025Premium
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Board meetings

Results dates and other board meetings. Full calendar

Details
30 May 2026Financial ResultsTo consider and approve the financial results for the period ended March 31, 2026
24 Mar 2026Fund Raising/Other business mattersTo consider the alteration of Articles of Association of the Company and to consider the proposal of fund raising by the company by way of issue of Warrants on preferential basis or through any other permissible mode, subject to such approvals as may be required, including the approval of the members of the company.
12 Nov 2025Board Meeting IntimationMARVEL DECOR LIMITED has informed the Exchange about Board Meeting to be held on 12-Nov-2025 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2025 .
30 May 2025Financial ResultsTo consider and approve the financial results for the period ended March 31, 2025
11 Nov 2024Financial ResultsTo consider and approve the financial results for the period ended September 30, 2024
18 Jul 2024Fund RaisingTo consider the proposal of fund raising by the company by way of issue of equity shares through a preferential issue or through any other permissible mode, subject to such approvals as may be required, including the approval of the members of the company

Share price

1Y change −52.05%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales101820222326262731323732
Expenses111418192323232427293429
Operating Profit−141303334332
OPM %−11.8%21.1%6.1%11.7%2%10.5%11.7%12.3%11.8%8.6%6.8%7.4%
Other Income011121000122
Interest111111111111
Depreciation111111111111
Profit before tax−230112223223
Tax %−2.1%7.6%23.3%8.9%14.9%10.3%14.5%6.5%11.5%6.5%9.7%14.6%
Net Profit−220111122222
EPS in Rs−1.521.580.250.620.50.820.871.021.270.891.161.29

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
20%
3 Years
11%
TTM
8%
Compounded Profit Growth
10 Years
—
5 Years
150%
3 Years
30%
TTM
14%
Stock Price CAGR
10 Years
—
5 Years
24%
3 Years
12%
TTM
—
Return on Equity
10 Years
—
5 Years
6%
3 Years
7%
TTM
—

Shareholding

Latest: Mar 2026.

Promoters
67.41%
−5.5 pts in a year
Public
32.59%
+5.5 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 19.2xEPS (12 months) ₹ 2.51Median P/E 37.8x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Marvel Decor₹ 45.60₹ 86 Cr.19.2x1.4x7%—
Sheela Foam₹ 567.10₹ 6,185 Cr.54.1x2.6x5.1%3.7%
Wakefit Innovations₹ 132.15₹ 4,475 Cr.20.8x3.7x23.2%12.7%
Stanley Lifestyles₹ 130.00₹ 745 Cr.60.8x1.9x2.6%3.1%
Elin Electronics₹ 69.27₹ 347 Cr.21.1x0.9x4.1%1.8%
Pil Italica Lifestyle₹ 6.73₹ 156 Cr.48x2.5x—3.1%

Management

Urmi Ashok Paun
Chief Financial Officer, Executive Director
Mayursinh Oghubha Gohil
Compliance Officer, Company Secretary
Ashok Ramniklal Paun
Managing Director, Director
Dipak Ramniklal Paun
Whole Time Director

Prices are delayed and for information only. Nothing on this page is investment advice.