Shangar Décor share price, P/E, ROE & financials

As of 6 Nov 2026, Shangar Décor trades at 3.7× trailing earnings, below the industry P/E of 16.3×, and the shares are 33% below their 52-week high. Its ROCE of 3.4% is the lowest among the 7 largest Specialty Business Services peers, and sales and net profit grew 34% and 94% a year over 3 years. The company has almost no debt. It is a small-cap company with a market cap of ₹11 Cr, ranked 46th of 52 Specialty Business Services companies by market cap; the shares fell 31% over the past year.

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

past year

Open: ₹0.23
Day high: ₹0.23
Day low: ₹0.21
Prev. close: ₹0.22
Volume: 16.3 L

Health check

3 good · 3 to check

ReturnsBehind
−31.3% over a year, better than 2 of 7 peers.
Price tagCheaper
P/E 3.7 vs industry 16.3.
GrowthStrong
Sales +34.0%, profit +94.0% a year over 3 years.
ProfitabilityWeak
ROCE 3.4% vs peer median 16.6%.
Balance sheetSolid
Debt 0.07× equity, interest covered 15.0×, Piotroski 6 of 9.
Red flags2 to check
Return on equity is low at 5.0%.

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

Specialty Business Services

51 listed peers. Screen the industry

Small cap

₹11 Cr, #46 of 52 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Sep 2026: sales ₹34 Cr · profit ₹3 Cr

Market cap: ₹11 Cr; Small cap
P/E: 3.7; Industry 16.3
Price to book: 0.19; Peers 3.73
Dividend yield: 0.00%
ROE: 5.0%; Peers 15.5%
ROCE: 3.4%; Peers 16.6%
Debt to equity: 0.07; Debt ₹4.34 Cr
EPS (TTM): ₹0.06
OPM (TTM): 25.8%; Net margin 8.6%
Sales growth: +302.0%; Latest quarter vs a year ago
Profit growth: +541.0%; Latest quarter vs a year ago
Price to sales: 0.31; EV/EBITDA 1.3

Strengths

Practically debt-free.
Quarterly profit up 541.0% on a year ago.
Quarterly sales up 302.0% on a year ago.
P/E of 3.7 against an industry P/E of 16.3.

Risks to check

Return on equity is low at 5.0%.
33% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Shangar Décor

Shangar Décor Limited engages in the decoration business in India. The company offers decor related services comprising pre-wedding events, theme wedding, corporate events, religious events, property decor, and lights decor. It also provides catering services. Shangar Décor Limited was incorporated in 1995 and is based in Ahmedabad, India.

Headquarters: Ahmedabad
Sector: Industrials
ISIN: INE118R01032
Website: shangardecor.com

Price range

52 weeks

₹0.17₹0.33

Today

₹0.21₹0.23

Avg volume (3M): 14 L
1-year return: minus 31.3%
From 52-week high: minus 33.3%

Peers · Specialty Business Services

Compare with peers Screen the whole industry

Company
BLSBLS International Services	223.35	minus 1.55%	9,192	12.9	3.73	26.1%	32.7%	26.4%	25.5%	50.7%	1.14%	minus 29.5%
PDSLPDS	403.90	plus 0.45%	5,704	48.7	3.23	16.6%	6.6%	2.9%	6.9%	−25.0%	0.92%	plus 6.5%
FUSIONCXFusion CX	270.70	minus 2.70%	3,908	18.1	5.52	33.0%	37.0%	11.9%	21.0%	68.1%	0.00%	minus 6.5%
CMSINFOCMS Info Systems	215.99	minus 0.62%	3,457	12.2	1.46	16.2%	12.9%	25.0%	9.1%	0.7%	2.31%	minus 40.0%
JAYKAYJaykay Enterprises	201.05	minus 4.29%	3,033	13.9	4.08	30.6%	40.5%	10.7%	72.2%	220.1%	0.00%	minus 5.0%
LORDSMARKLord's Mark Industries	70.61	minus 0.51%	3,012	35.1	2.85	7.0%	15.5%	13.2%	1716.6%	–	0.00%	minus 88.9%
BLSEBLS E-Services	149.81	plus 1.81%	2,719	62.2	4.90	16.3%	12.6%	6.7%	66.3%	44.9%	0.33%	plus 45.5%
SHANGARShangar Décor	0.22	0.00%	11	3.7	0.19	3.4%	5.0%	25.8%	34.0%	94.0%	0.00%	minus 31.3%
Median of 7 peers	–	−0.62%	3,457	18.1	3.73	16.6%	15.5%	11.9%	25.5%	47.8%	0.33%	−6.5%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Sep 25	Dec 25	Mar 26	Jun 26	Sep 26
2.7	5.2	13	5.3	10.8
1.5	3.6	11.2	3.2	7.5
1.2	1.6	1.8	2.1	3.4
42.9%	30.7%	14.0%	39.3%	30.9%
0	0	0	0	0
0	0	0	0	0
0.6	0.9	1.1	1.1	1.8
0.5	0.7	0.7	0.9	1.6
67.0%	−2.2%	29.8%	25.2%	32.8%
0.2	0.7	0.5	0.7	1.1
–	0.01	0.01	0.01	0.02

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +34.0%
Profit CAGR 3Y: +94.0%
EPS CAGR 3Y: +8.4%
ROE: 5.0%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
9.7	13	18.6	23.3
–	+34.5%	+43.1%	+25.2%
8.1	10.6	15.4	17.8
1.6	2.4	3.2	5.4
16.3%	18.8%	17.2%	23.4%
0	0	−0	−0
0.1	0	0.2	0.1
1.2	1.3	1.7	3.2
−0	–	–	–
0.3	1.1	1.3	2.1
27.3%	29.3%	36.6%	29.2%
0.2	0.8	0.8	1.5
–	+272.8%	+7.5%	+82.3%
0.02	0.09	0.02	0.03

EPS is shown as reported. The EPS CAGR above adjusts earlier years for the 5:1 on Mar 2025 split/bonus; dilution from new shares is not adjusted.

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
6.1	6.1	49	49
0.5	1.3	8.6	10
9.8	8.5	0.5	6.4
6.4	12	6	5.9
22.8	27.9	64	71.3
11.8	12.5	18.7	37
0	0	4	14.2
0.2	1.9	8.2	1.7
10.7	13.5	33.1	18.4
22.8	27.9	64	71.3

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
0.4	5.1	−22.5	19.1
−3.8	−2.1	−11.9	−31.6
3.3	−1.4	40.7	6
−0	1.6	6.3	−6.5
−3.8	−2	−7.9	−21.5
−3.3	3	−30.4	−2.4

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