Shangar Decor Ltd (SHANGAR) Share Price & Fundamentals

What we do

Shangar Decor Ltd offers comprehensive event management and decor services including weddings, corporate, religious events, property decor, lighting, and catering in Ahmedabad.

Founded in

1,995

Market share

Industry leader with decades of experience and over 30 party plots managed, serving prominent clients in event decor and catering.

Problem solved

Provides turnkey event solutions addressing client needs for creative, reliable, and extensive decor and catering services for diverse events.

Top clients or who we serve

Services B2B and B2C clients including government bodies, corporate firms, wedding clients, and large event organizers.

Key management

Mr. Samir Shah, Managing Director, has over 40 years of industry experience.

Our journey and innovations

Established in 1995, completed major government projects like 2019 Lok Sabha Election decor; expanded portfolio with Surat property contracts and diversified event services.

Where we operate

Primarily operates in Ahmedabad and Surat, Gujarat, India.

Top products or what we offer

Event management, theme weddings, corporate events, religious events, property and lights decor, and catering services.

Top brands

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Raw materials needed

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Raw materials supplier

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Recurring vs cyclical contribution

Revenue largely from project-based contracts suggesting cyclical income correlating with event schedules.

Our industry position

Established industry player with leadership in event decor management and government contracts.

Financial highlights

FY 2024-25 revenue Rs. 18.58 Cr; net profit Rs. 0.81 Cr; steady profit growth over previous year.

Geographical revenue split

Revenue primarily from Gujarat region, especially Ahmedabad and Surat.

Order book

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Whats driving growth

Expansion into government and large-scale contracts; reputation and diversified event services driving growth.

Our future plans

Plans include Rights Issue for capital raise and share subdivision to enhance market liquidity and participation.

Our green promise

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Our people and values

Strong leadership with long industry expertise; committed to ethical business conduct and employee welfare.

Key challenges ahead

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Interesting facts

Completed landmark Rs. 2.5 crore decoration contract for 2019 Lok Sabha Elections; managing over 30 party plots.

Risks and strategy

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