One of the Micro-Cap stocks engaged in event management and decoration services has hit a 5% upper circuit after reporting increased revenue by 194.51 percent YOY and a net profit increase of 1718.1 percent YOY in Q2 FY25 results.
Share Price Movement
The share price of Shangar Decor Limited hit a 5 percent upper circuit to Rs. 7.77 per share on Wednesday, a significant rise from its previous close of Rs. 7.40 per share. Over the past 6 months, the share has delivered returns of over 42.31 percent. The market capitalization now stands at approximately Rs. 9.51 crore as of October 21, 2024.
What Happened
Shangar Decor Limited’s recent quarter saw a rise in revenue and net profits, which led to this bullish movement in the stock price. According to its recent filing, in the quarter ending September 2024, Shangar Decor Limited’s revenue from operations has increased by 194.51 percent YOY, from Rs. 1.17 crore in Q2 FY24 to Rs. 3.46 crore in Q2 FY25, and grown by 88.82 percent QoQ from Rs. 1.83 crore in Q1 FY25.
The company’s net profit has increased by 1718.1 percent YOY, from Rs. 0.04 crore in Q2 FY24 to Rs. 0.78 crore in Q2 FY25. As compared to the last quarter of 2025, the company’s net profit is up by 750.08 percent QoQ from Rs. 0.09 crore.
The company’s EPS has increased by 1500 percent, from Rs. 0.04 in Q2 FY24 to Rs. 0.64 in Q2 FY25. The EBITDA margin has improved by 272%.
In terms of return ratios, Shangar Decor Limited’s share ROE and ROCE are currently at 10.7 percent and 6.94 percent, respectively. The company has a debt-to-equity ratio of 1.12x.
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Shareholding Pattern:
As of the September 2024 shareholding pattern, Shangar Decor Limited has held a promoter stake of 22.96 percent and a public stake of 77.04 percent.
About the company
Shangar Decor Limited was established in 1995 and leads the event management and decoration services sector in India. The company delivers comprehensive solutions for weddings, corporate gatherings, and religious ceremonies. Shangar Decor partners with dealers and distributors across multiple states to expand its market presence.
The company specializes in customized wedding themes, pre-wedding functions, and corporate event decorations through online and offline channels. Shangar Decor also
maintains a strategic partnership with Dayaji Anavil Kedavni Mandal in Surat, strengthening its presence in Gujarat.
Written By – Nikhil Naik
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