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Deco Mica (BSE: DECOMIC) had a P/E of 35.6× on 6 Nov 2026, above the industry P/E of 14.0×, and the shares are 30% below their 52-week high. It earns ROCE of 8.8% and ROE of 2.5%, and sales and net profit fell 4.3% and 33% a year over 3 years. Debt is 0.82× equity. It is a small-cap company with a market cap of ₹25 Cr, ranked 35th of 43 Paper & Paper Products companies by market cap; the shares fell 28% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Mar 2026.How we calculate this

past year
Open
₹58.81
Day high
₹58.81
Day low
₹58.81
Prev. close
₹58.81
Volume
116

Health check

1 fair · 5 to check
  • ReturnsBehind

    −28.3% over a year, better than 0 of 7 peers.

  • Price tagPricier

    P/E 35.6 vs industry 14.0.

  • GrowthShrinking

    Sales −4.3%, profit −32.8% a year over 3 years.

  • ProfitabilityWeak

    ROCE 8.8% vs peer median 6.0%.

  • Balance sheetFair

    Debt 0.82× equity, interest covered 1.8×, Piotroski 6 of 9.

  • Red flags5 to check

    Return on equity is low at 2.5%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Paper & Paper Products

42 listed peers. Screen the industry

Small cap

₹25 Cr, #35 of 43 in its industry by size.

Defensive

Beta 0.27 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Mar 2026: sales ₹69 Cr · profit ₹1 Cr
Market cap
₹25 Cr
Small cap
P/E
35.6
Industry 14.0
Price to book
0.88
Peers 1.16
Dividend yield
0.00%
ROE
2.5%
Peers 5.8%
ROCE
8.8%
Peers 6.0%
Debt to equity
0.82
Debt ₹23 Cr
EPS (TTM)
₹1.65
OPM (TTM)
6.0%
Net margin 1.0%
Sales growth
−9.0%
Latest quarter vs a year ago
Profit growth
−95.2%
Latest quarter vs a year ago
Price to sales
0.36
EV/EBITDA 11.4

Strengths and risks

Strengths

  • Positive operating cash flow in each of the last 4 years.

Risks to check

  • Return on equity is low at 2.5%.
  • Quarterly profit down 95.2% on a year ago.
  • Quarterly sales down 9.0% on a year ago.
  • P/E of 35.6 against an industry P/E of 14.0.
  • Interest coverage of only 3.0×.

Derived automatically from reported figures. Not a recommendation.

About Deco Mica

Deco Mica Limited engages in the decorative laminated sheet business in India and internationally. It manufactures decorative laminated sheets, cut pieces, industrial insulators board, and Trang of goods. The company also exports its products. Deco Mica Limited was incorporated in 1988 and is based in Ahmedabad, India.

Headquarters
Ahmedabad
Employees
105
Sector
Basic Materials
ISIN
INE907E01010
Website
decomicaltd.com

Price range

52 weeks

₹47.00₹83.98

Today

₹58.81₹58.81
Avg volume (3M)
205
1-year return
minus 28.3%
From 52-week high
minus 30.0%

Peers · Paper & Paper Products

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
JKPAPERJK Paper368.00minus 0.90%6,67318.99.26.2%10.1%0.432.8%minus 3.9%
WSTCSTPAPRWest Coast Paper Mills738.15minus 11.24%4,87521.29.75.9%11.5%0.08−4.5%plus 84.7%
SESHAPAPERSeshasayee Paper and Boards216.45minus 0.48%1,36511.08.54.4%7.0%–−6.3%minus 15.5%
ANDHRAPAPANDHRA PAPER61.52minus 1.96%1,22323.410.71.9%4.8%0.15−6.7%minus 19.1%
NRAILN R Agarwal Industries673.00minus 0.25%1,14518.410.87.7%9.9%1.016.9%plus 43.2%
TNPLTamil Nadu Newsprint & Papers136.26minus 2.23%9433.64.96.3%10.2%0.70−3.6%minus 8.9%
PDMJEPAPERPudumjee Paper Products87.80minus 0.93%8349.25.4–14.3%0.052.1%minus 24.4%
DECOMICDeco Mica58.810.00%2535.67.88.8%6.0%0.82−4.3%minus 28.3%
Median of 7 peers–−0.93%1,22318.49.26.0%10.1%0.29−3.6%−8.9%

Quarterly results

Consolidated, ₹ crore · latest reported Mar 26
SalesSelect a row below to chart it
₹ CrMar 25Jun 25Sep 25Dec 25Mar 26
22.215.316.416.620.2
20.413.815.814.820.1
1.81.60.61.80.1
7.9%10.1%3.6%11.0%0.6%
0.900.100.9
0.80.60.80.60.3
0.40.40.40.40.4
1.50.6−0.50.80.3
41.7%26.6%26.5%27.6%86.9%
0.90.4−0.40.60
2.071.04-0.931.440.10

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
−4.3%
Profit CAGR 3Y
−32.8%
ROE
2.5%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
77.1767567.6
–minus 1.4%minus 1.3%minus 9.9%
70.969.169.463.3
6.26.95.74.4
8.0%9.1%7.5%6.5%
00.2−0.2−0.2
1.72.32.11.5
1.31.31.61.7
0.1–1.30.2
3.33.53.11.2
30.8%34.6%37.7%43.0%
2.32.31.90.7
–+1.2%minus 15.7%minus 64.5%
5.435.504.64–

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
4.24.24.24.2
18.620.822.723.4
17.82121.123.1
22.92431.231.2
63.569.979.282
11.91213.412.6
0.20.3––
000.30
00.20.10.1
51.457.465.469.3
63.569.979.282

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
7.10.74.71
−2−1.6−1.1−1.1
−51−3.70.1
−00.1−0−0
−2.3−1.5−1.4−1
4.8−0.83.30

Shareholding pattern

This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.

Major shareholders

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you