Develop Exim India Private Limited
About Develop Exim India Private Limited
Data last updated:
Develop Exim India Private Limited is a private limited company based in Udaipur, Rajasthan, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 12 August 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U14200RJ2013PTC043454. Its GSTIN is 08AAECD7756M1Z1 (Rajasthan).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.2 Lakh. It is led by directors Michael Girges Abdo Ayoub and Hemant Trivedi.
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 Udaipur, Rajasthan.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.32 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹75,444 (net margin 0.3%) and EBITDA of ₹2.98 Lakh (EBITDA margin 1.3%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 12% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address101 First Floor Daya Appartment, Sardarpura, Udaipur, Rajasthan, India – 313001
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
- 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 Develop Exim India Private Limited
The main business activity of Develop Exim India is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Develop Exim India Private Limited FY 2025 filings available
Develop Exim India Private Limited reported revenue of ₹2.32 Cr (down 32% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Develop Exim India Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 32% fall in the latest year. EBITDA fell 11% 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 Develop Exim India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.98 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹75,444 | •••• | •••• | •••• | •••• |
| 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 Develop Exim India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| 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 Develop Exim India 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 Develop Exim India Private Limited
Develop Exim India Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| My Tile House Private Limited | ₹2.33 Cr (FY 2019) | •••• | •••• | 88.0% | •••• | Bangalore, Karnataka, India |
| Allianza Global Private Limited | ₹2.33 Cr (FY 2021) | •••• | •••• | 69.0% | •••• | Mavelikkara, Kerala, India |
| United Granite & Stone Crushers Private Limited | ₹2.33 Cr (FY 2022) | •••• | •••• | 159.0% | •••• | Rampur, Uttar Pradesh, India |
| Arockaway Stones Private Limited | ₹2.32 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Namakkal, Tamil Nadu, India |
| Opal Floorings Private Limited | ₹2.32 Cr (FY 2016) | •••• | •••• | -9.0% | •••• | Telangana, India |
| Develop Exim India Private Limited this company | ₹2.32 Cr (FY 2024) | •••• | •••• | -32.0% | •••• | Udaipur, Rajasthan, India |
| Thrissur Marbles and Granites Private Limited | ₹2.32 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Thrissur, Kerala, India |
| The Kabra Grani and Marmo Private Limited | ₹2.32 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Chittorgarh, Rajasthan, India |
| Maruti Agency Private Limited | ₹2.32 Cr (FY 2021) | •••• | •••• | -83.0% | •••• | Ahmedabad, Gujarat, India |
| Woodberry Hardware Private Limited | ₹2.32 Cr (FY 2025) | •••• | •••• | -51.0% | •••• | Delhi, India |
| Sheena Green Chems Private Limited | ₹2.32 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Develop Exim India by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution), 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 Develop Exim India Private Limited
Develop Exim India Private Limited is audited by A K M & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A K M & ASSOCIATES | 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 Develop Exim India Private Limited
Develop Exim India has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Michael Girges Abdo Ayoub | Director | 09 Oct 2019 | 7 Years 0 Months | Current |
| Hemant Trivedi | Director | 24 May 2016 | 10 Years 4 Months | Current |
Ownership and Shareholding of Develop Exim India 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 Develop Exim India Private Limited
Develop Exim India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Develop Exim India Private Limited
Employment history and EPFO contributions of people linked to Develop Exim India.
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 Develop Exim India Private Limited
Develop Exim India Private Limited has 12 board changes on record since 2016: 3 appointments and 9 cessations. The latest: Medhat Magdy Hanna Abdelnour ceased to be Director on 24 Mar 2021.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Develop Exim India 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 Develop Exim India 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 Develop Exim India 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 Develop Exim India Private Limited
Develop Exim India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAECD7756M1Z1 | Rajasthan | Active | 01 Jul 2017 |
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 Develop Exim India 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 Develop Exim India Private Limited
Develop Exim India is an active private limited company based in Udaipur, Rajasthan, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 12 August 2013 (13+ years old) and is registered under CIN U14200RJ2013PTC043454.
Develop Exim India reported revenue of ₹2.32 Cr for FY 2024 (down 32% YoY).
Develop Exim India has 2 current directors:
- Michael Girges Abdo Ayoub - Director
- Hemant Trivedi - Director
Develop Exim India reported a net profit of ₹75,444 (net margin 0.3%) and EBITDA of ₹2.98 Lakh (EBITDA margin 1.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Develop Exim India is -30% over three years and -12% over five years. In the latest year (FY 2024) revenue fell 32%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Develop Exim India is 08AAECD7756M1Z1, registered in Rajasthan.
The CIN (Corporate Identification Number) of Develop Exim India is U14200RJ2013PTC043454. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Develop Exim India was incorporated on 12 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Develop Exim India by revenue are My Tile House Private Limited, Allianza Global Private Limited, United Granite & Stone Crushers Private Limited, Arockaway Stones Private Limited, Opal Floorings Private Limited and 5 more, all in the Metals and Minerals industry (Construction Materials Retail and Distribution).
Medhat Magdy Hanna Abdelnour ceased to be Director on 24 Mar 2021. Michael Girges Abdo Ayoub ceased to be Additional Director on 31 Dec 2020. Edward Morad ceased to be Director on 21 Oct 2019. Develop Exim India has 12 board changes on record in total.
The registered office of Develop Exim India is at 101 First Floor Daya Appartment, Sardarpura, Udaipur, Rajasthan, India – 313001.