
Devam Pacific Private Limited
About Devam Pacific Private Limited
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Devam Pacific Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 26 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2021PTC124407.
The company has an authorised share capital of ₹10,000 and a paid-up capital of ₹10,000. It is led by directors including Babariya Hirenkumar and Pinal Hirenbhai Babariya.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 602 Pavan Residency Opp – Bhojaldham Residency Nr Nicol Sprr, Ahmedabad, Gujarat, India – 382350.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.02 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.27 Lakh (net margin 0.6%) and EBITDA of ₹1.54 Lakh (EBITDA margin 0.8%). Revenue has grown at a compounded annual rate (CAGR) of 276% over three years.
The company has about 18 employees on its provident fund (EPFO) records.
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- Registered Address602 Pavan Residency Opp – Bhojaldham Residency Nr Nicol Sprr, Ahmedabad, Gujarat, India – 382350
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
- 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 Devam Pacific Private Limited
The main business activity of Devam Pacific is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | 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 Devam Pacific Private Limited FY 2025 filings available
Devam Pacific Private Limited reported revenue of ₹2.02 Cr (up 930% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Devam Pacific Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 276% over three years, including 930% growth in the latest year. EBITDA rose 58% 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 Devam Pacific Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | ₹1.54 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.27 Lakh | •••• | •••• | •••• |
| 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 Devam Pacific Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 0.8% | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• |
| 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 Devam Pacific are in the company report.
Financial statements from FY 2022
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 Devam Pacific Private Limited
Devam Pacific Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hikaho System Private Limited | ₹2.02 Cr (FY 2025) | •••• | •••• | 95.0% | •••• | Ganjam, Odisha, India |
| Steergrowth Consulting Private Limited | ₹2.02 Cr (FY 2024) | •••• | •••• | 100.0% | •••• | Delhi, India |
| Dalal Advisory Services Private Limited | ₹2.02 Cr (FY 2022) | •••• | •••• | 56.0% | •••• | Mumbai, Maharashtra, India |
| Lsa Recruit Private Limited | ₹2.02 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Nagole, Telangana, India |
| Workforce Employment Solutions (India) Private Limited | ₹2.02 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Ahmedabad, Gujarat, India |
| Devam Pacific Private Limited this company | ₹2.02 Cr (FY 2025) | •••• | •••• | 930.0% | •••• | Ahmedabad, Gujarat, India |
| M N Marine Project Services Private Limited | ₹2.01 Cr (FY 2024) | •••• | •••• | 32.0% | •••• | Alappuzha, Kerala, India |
| Solar Human Resources Management Private Limited | ₹2.01 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Chennai, Tamil Nadu, India |
| Convate Consultancy Services Private Limited | ₹2.01 Cr (FY 2024) | •••• | •••• | -54.0% | •••• | Bengaluru, Karnataka, India |
| Fasttrack HR Services Private Limited | ₹2.01 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Ahmedabad, Gujarat, India |
| Iconsoft India Private Limited | ₹2.01 Cr (FY 2024) | •••• | •••• | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Devam Pacific by revenue in the Outsourcing industry (HR Outsourcing), 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 Devam Pacific Private Limited
Devam Pacific Private Limited is audited by G G SHAIKH & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G G SHAIKH & CO | 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 Devam Pacific Private Limited
Devam Pacific has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Babariya Hirenkumar | Director | 26 Jul 2021 | 5 Years 2 Months | Current |
| Pinal Hirenbhai Babariya | Director | 26 Jul 2021 | 5 Years 2 Months | Current |
| Nikunj Hasmukhbhai Vadadoriya | Director | 05 Dec 2023 | 2 Years 10 Months | Current |
Ownership and Shareholding of Devam Pacific 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 Devam Pacific Private Limited
Devam Pacific Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Devam Pacific Private Limited
Devam Pacific Private Limited has a workforce of 18 employees as of Apr 08, 2024.
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 Devam Pacific Private Limited
Devam Pacific Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Nikunj Hasmukhbhai Vadadoriya was appointed as Director on 05 Dec 2023.
Credit Ratings, Litigation & Regulatory Alerts for Devam Pacific 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 Devam Pacific 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 Devam Pacific 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 Devam Pacific 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 Devam Pacific 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 Devam Pacific Private Limited
Devam Pacific is an active private limited company based in Ahmedabad, Gujarat, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 26 July 2021 (5+ years old) and is registered under CIN U74999GJ2021PTC124407.
Devam Pacific reported revenue of ₹2.02 Cr for FY 2025 (up 930% YoY).
Devam Pacific has 3 current directors:
- Babariya Hirenkumar - Director
- Pinal Hirenbhai Babariya - Director
- Nikunj Hasmukhbhai Vadadoriya - Director
Devam Pacific reported a net profit of ₹1.27 Lakh (net margin 0.6%) and EBITDA of ₹1.54 Lakh (EBITDA margin 0.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devam Pacific is 276% over three years. In the latest year (FY 2025) revenue rose 930%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Devam Pacific is U74999GJ2021PTC124407. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devam Pacific was incorporated on 26 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Devam Pacific by revenue are Hikaho System Private Limited, Steergrowth Consulting Private Limited, Dalal Advisory Services Private Limited, Lsa Recruit Private Limited, Workforce Employment Solutions (India) Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Nikunj Hasmukhbhai Vadadoriya was appointed as Director on 05 Dec 2023. Charmi Pravinchandra Kotecha ceased to be Additional Director on 30 Sep 2022. Babariya Hirenkumar was appointed as Director on 26 Jul 2021. Devam Pacific has 4 board changes on record in total.
The registered office of Devam Pacific is at 602 Pavan Residency Opp – Bhojaldham Residency Nr Nicol Sprr, Ahmedabad, Gujarat, India – 382350.
Devam Pacific has an authorised share capital of ₹10,000 and a paid-up capital of ₹10,000.