Devaswar Trading Private Limited
About Devaswar Trading Private Limited
Data last updated:
Devaswar Trading Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 16 March 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U67120MP1995PTC009186. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹20.4 Lakh. It is led by directors Sudha Garg and Sharad Kumar Joshi.
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 4/54 Press Complex A.B.Road, Indore, Madhya Pradesh, India – 452008.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.12 Cr. For the same year it recorded a net profit of ₹2.24 Cr (net margin 6.8%) and EBITDA of ₹4.77 Cr (EBITDA margin 14.4%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 598% over five years.
Its group structure includes 1 subsidiary.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Devaswar Trading Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4/54 Press Complex A.B.Road, Indore, Madhya Pradesh, India – 452008
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Devaswar Trading Private Limited, buy the company report.
- 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
Financials of Devaswar Trading Private Limited
FY 2025 filings availableDevaswar Trading Private Limited reported revenue of ₹33.12 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 598% over five years. EBITDA fell 26% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.77 Cr | ||||
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| Net Profit (PAT) | ₹2.24 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 14.4% | ||||
| Net Profit Margin | 6.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Devaswar Trading Private Limited, buy the company report.
Board of directors of Devaswar Trading Private Limited
Devaswar Trading has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudha Garg Also directs: Gwalior Trade and Investments LLP, Enchant Estate Developers LLP, Regency Facility and Management LLP and 5 more | Director | 24 Jan 1999 | 27 Years 9 Months | Current |
| Sharad Kumar Joshi Also directs: Divya Decent Trading Private Limited, Surge Developers Private Limited, Diva Oil & Gas Private Limited and 5 more | Director | 25 Jan 2024 | 2 Years 9 Months | Current |
Peer comparison
Devaswar Trading Private Limited is compared with the 8 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| F M Textiles Private Limited | ₹33.27 Cr (FY 2024) | -28.0% | Kolkata, West Bengal, India | |||
| Nagpal Fabrics Private Limited | ₹33.26 Cr (FY 2024) | 1.0% | Delhi, India | |||
| Waliram Taneja Mines Private Limited | ₹33.23 Cr (FY 2022) | 12.0% | Dhanbad, Jharkhand, India | |||
| Shree Beera Barjee Textile Private Limited | ₹33.19 Cr (FY 2022) | 33.0% | Kolkata, West Bengal, India | |||
| Sunitta Textile Mills Pvt Ltd | ₹33.12 Cr (FY 2024) | 2.0% | Hyderabad, Telangana, India | |||
| Devaswar Trading Private Limitedthis company | ₹33.12 Cr (FY 2025) | ₹2.24 Cr | 6.8% | Indore, Madhya Pradesh, India | ||
| Shreya Strips Private Limited | ₹33.05 Cr (FY 2024) | 135.0% | Ludhiana, Punjab, India | |||
| M.R. Manokamna Pvt Ltd | ₹32.95 Cr (FY 2025) | -9.0% | Surat, Gujarat, India | |||
| Sachdeva Handloom Traders Private Limited | ₹32.94 Cr (FY 2024) | 5.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Devaswar Trading Private Limited, buy the company report.
Auditor
Devaswar Trading Private Limited is audited by GUPTA NAVIN K. & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GUPTA NAVIN K. & CO. | FY 2022 | 006263C |
Shareholding
The shareholding of Devaswar Trading Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Devaswar Trading Private Limited, buy the company report.
Legal cases
Devaswar Trading Private Limited has 1 court case on record: 1 filed by Devaswar Trading. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Writ petition | Filed by the company against The State of Madhya Pradesh | Pending |
To see the full case history of Devaswar Trading Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Devaswar Trading Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Devaswar Trading has 1 subsidiary company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Gwalior Regency Resorts (India) Private Limited | U55101MP2012PTC028211 |
To see the full group structure of Devaswar Trading Private Limited, buy the company report.
GST
Devaswar Trading has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Devaswar Trading Private Limited, buy the company report.
Recent activity
Devaswar Trading Private Limited has 7 board changes on record since 1999: 2 appointments and 5 cessations. The latest: Sharad Kumar Joshi was appointed as Director on 25 Jan 2024.
Frequently asked questions
Devaswar Trading is an active private limited company based in Indore, Madhya Pradesh, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 16 March 1995 (31+ years old) and is registered under CIN U67120MP1995PTC009186.
Devaswar Trading has 2 current directors:
- Sudha Garg - Director
- Sharad Kumar Joshi - Director
The latest financial statements of Devaswar Trading on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Devaswar Trading has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Devaswar Trading is U67120MP1995PTC009186. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devaswar Trading has 1 court case on record: 1 filed by the company. 1 is pending.
Devaswar Trading was incorporated on 16 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Devaswar Trading by revenue are F M Textiles Private Limited, Nagpal Fabrics Private Limited, Waliram Taneja Mines Private Limited, Shree Beera Barjee Textile Private Limited, Sunitta Textile Mills Pvt Ltd and 3 more, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Sharad Kumar Joshi was appointed as Director on 25 Jan 2024. Dev Prakash Pandey ceased to be Additional Director on 30 Sep 2022. Pawan Jain ceased to be Additional Director on 26 Dec 2020. Devaswar Trading has 7 board changes on record in total.
The registered office of Devaswar Trading is at 454 Press Complex A.B.Road, Indore, Madhya Pradesh, India – 452008.
Devaswar Trading operates in the home and lifestyle industry, in the textile retail and distribution segment.
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