About Devaayanam Network Private Limited
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Devaayanam Network Private Limited is a private limited company based in Kochi, Kerala, India, recognised as a startup by DPIIT. It operates in the hosting and related activities segment of the technology and IT services sector. It was incorporated on 24 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U74900KL2014PTC036962.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rajeev Manayangath and Pradeep Palanoor Gangadharan.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 193 Rajeevam Kodamkulangara Road Tripunithura, Kochi, Kerala, India – 682301.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.21 Lakh, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹19,315 (net margin -8.8%) and EBITDA of -₹18,017 (EBITDA margin -8.2%). Revenue has grown at a compounded annual rate (CAGR) of 74% over three years and 62% over five years.
The company is associated with 1 brand: Devaayanam.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devaayanam.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address193 Rajeevam Kodamkulangara Road Tripunithura, Kochi, Kerala, India – 682301
- IndustryInformation Technology, Hosting And Related Activities, Data Processing
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Devaayanam Network Private Limited
The main business activity of Devaayanam Network is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Devaayanam Network Private Limited FY 2023 filings available
Devaayanam Network Private Limited reported revenue of ₹2.21 Lakh (down 60% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Devaayanam Network Private Limited
Revenue fell 60% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 62%. EBITDA rose 90% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Devaayanam Network Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹18,017 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹19,315 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Devaayanam Network Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -8.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Devaayanam Network are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Devaayanam Network Private Limited
Devaayanam Network Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Data processing, hosting and related activities; web portal). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Express Vincom Private Limited | ₹2.22 Lakh (FY 2017) | •••• | •••• | 280.0% | •••• | Kolkata, West Bengal, India |
| Mubie Infotech Private Limited | ₹2.22 Lakh (FY 2018) | •••• | •••• | 28.0% | •••• | Bhavnagar, Gujarat, India |
| BB Infosolutions Private Limited | ₹2.22 Lakh (FY 2025) | •••• | •••• | 242.0% | •••• | Delhi, India |
| Patliputra Technocrats and Consultants Private Limited | ₹2.21 Lakh (FY 2016) | •••• | •••• | -88.0% | •••• | Patna, Bihar, India |
| Archaric Private Limited | ₹2.21 Lakh (FY 2025) | •••• | •••• | 114.0% | •••• | Chennai, Tamil Nadu, India |
| Devaayanam Network Private Limited this company | ₹2.21 Lakh (FY 2023) | •••• | •••• | -60.0% | •••• | Kochi, Kerala, India |
| Citylive Technologies Private Limited | ₹2.2 Lakh (FY 2018) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Amritlaxmi Commodeal Private Limited | ₹2.19 Lakh (FY 2017) | •••• | •••• | 284.0% | •••• | Kolkata, West Bengal, India |
| Performdigi Monetize Private Limited | ₹2.18 Lakh (FY 2024) | •••• | •••• | •••• | Delhi, India | |
| Televed Systems Private Limited | ₹2.16 Lakh (FY 2024) | •••• | •••• | 0.0% | •••• | Pune, Maharashtra, India |
| Cloudensembler IT Solutions Private Limited | ₹2.16 Lakh (FY 2025) | •••• | •••• | -10.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Devaayanam Network by revenue in the same principal business activity (Data processing, hosting and related activities; web portal), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Devaayanam Network Private Limited
Devaayanam Network Private Limited is audited by Anil K Nayar for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Anil K Nayar | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Devaayanam Network Private Limited
Devaayanam Network has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeev Manayangath | Director | 05 Jul 2021 | 5 Years 3 Months | Current |
| Pradeep Palanoor Gangadharan Also directs: Solsten Data Consulting Private Limited | Director | 14 May 2021 | 5 Years 4 Months | Current |
| Damodaran Prasanth | Director | 07 Apr 2018 | 8 Years 6 Months | Current |
Ownership and Shareholding of Devaayanam Network Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Devaayanam Network Private Limited
Devaayanam Network Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Devaayanam Network Private Limited
Devaayanam Network operates one associated brand: Devaayanam. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers custom software application development services tailored to client needs. | devaayanam.in |
Employees and EPFO Compliance at Devaayanam Network Private Limited
Employment history and EPFO contributions of people linked to Devaayanam Network.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Devaayanam Network Private Limited
Devaayanam Network Private Limited has 7 board changes on record since 2018: 3 appointments and 4 cessations. The latest: Pradeep Palanoor Gangadharan ceased to be Additional Director on 30 Nov 2021.
Credit Ratings, Litigation & Regulatory Alerts for Devaayanam Network Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Devaayanam Network Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Devaayanam Network Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Devaayanam Network Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Devaayanam Network Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Devaayanam Network Private Limited
Devaayanam Network is an active private limited company based in Kochi, Kerala, India. The company works in hosting and related activities, within the information technology industry. It was incorporated on 24 July 2014 (12+ years old) and is registered under CIN U74900KL2014PTC036962.
Devaayanam Network reported revenue of ₹2.21 Lakh for FY 2023 (down 60% YoY).
Devaayanam Network has 3 current directors:
- Rajeev Manayangath - Director
- Pradeep Palanoor Gangadharan - Director
- Damodaran Prasanth - Director
Devaayanam Network reported a net loss of ₹19,315 (net margin -8.8%) and EBITDA of -₹18,017 (EBITDA margin -8.2%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devaayanam Network is 74% over three years and 62% over five years. In the latest year (FY 2023) revenue fell 60%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Devaayanam Network is U74900KL2014PTC036962. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devaayanam Network was incorporated on 24 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Devaayanam Network by revenue are Express Vincom Private Limited, Mubie Infotech Private Limited, BB Infosolutions Private Limited, Patliputra Technocrats and Consultants Private Limited, Archaric Private Limited and 5 more, all in the same principal business activity (Data processing, hosting and related activities; web portal).
Pradeep Palanoor Gangadharan ceased to be Additional Director on 30 Nov 2021. Rajeev Manayangath ceased to be Additional Director on 30 Nov 2021. Rajeev Manayangath was appointed as Director on 05 Jul 2021. Devaayanam Network has 7 board changes on record in total.
Yes, Devaayanam Network is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Devaayanam Network can be reached through the website devaayanam.in. Its registered office is in Kochi, Kerala, India.