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Devic Earth Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.9 Cr
▲ 172% YoY
Net loss · FY 2025
₹2.58 Cr
Net margin -89%
EBITDA · FY 2025
-₹2.35 Cr
EBITDA margin -80.9%
Authorised capital
₹1.4 Cr
Registered with MCA
Paid-up capital
₹1.06 Cr
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
18
Provident fund records
Directors on board
3
As per MCA filings
About Devic Earth Private Limited
Data last updated:
Devic Earth Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 09 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U93090KA2018PTC110968. Its GSTIN is 29AAGCD5810N1ZA (Karnataka). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1.4 Cr and a paid-up capital of ₹1.06 Cr. It is led by directors including Shaguna Sinha and Srikanth Sola.
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Villa 7 Park, Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.9 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.58 Cr (net margin -89%) and EBITDA of -₹2.35 Cr (EBITDA margin -80.9%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 27% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Devic Earth. The company has 8 deals on record (5 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹20.62 Cr; the latest was in March 2024. The company has 5 MSME Form 1 returns on record between 2023 and 2024, listing 15 overdue payments to 6 micro and small suppliers.
Devic Earth Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0008968). For more details, the company can be reached via its website devic-earth.com.
Company details
CIN U93090KA2018PTC110968
Registration Number 110968
Incorporation Date 09 March 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 18 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0008968
Recognitions & Rankings of Devic Earth
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0008968
Contact details
Devic Earth Private Limited's registered office is in Bangalore, Karnataka. Its website is devic-earth.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressVilla 7 Parkway Tivoli Apartments Kadugddi Main Road, Seegehalli, Bangalore, Karnataka, India – 560067
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Devic Earth Private Limited, buy the company report.
Comprehensive company report
Devic Earth Private Limited - one report that includes everything
- 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
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Brands
Devic Earth operates one associated brand: Devic Earth. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pulsed radio frequency systems are used for air pollution reduction. | devic-earth.com |
Business activity
The main business activity of Devic Earth is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Devic Earth Private Limited, buy the company report.
Financials of Devic Earth Private Limited
FY 2025 filings availableDevic Earth Private Limited reported revenue of ₹2.9 Cr (up 172% YoY) for FY 2025.
Revenue · FY 2025
₹2.9 Cr ▲ 172%
Net loss · FY 2025
₹2.58 Cr margin -89%
EBITDA · FY 2025
-₹2.35 Cr margin -80.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 172%
3 years · compounded
▼ 9%
5 years · compounded
▲ 27%
EBITDA CAGR growth
1 year
▲ 42%
3 years · compounded
▼ 10%
5 years · compounded
▼ 21%
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 172% growth in the latest year. EBITDA rose 42% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.35 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.58 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -80.9% | ||||
| Net Profit Margin | -89% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Devic Earth Private Limited, buy the company report.
Board of directors of Devic Earth Private Limited
Devic Earth has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shaguna Sinha | Director | 09 Mar 2018 | 8 Years 7 Months | Current |
| Paresh Nanubhai Trivedi | Nominee Director | 20 Jan 2021 | 5 Years 9 Months | Current |
| Srikanth Sola | Director | 09 Mar 2018 | 8 Years 7 Months | Current |
Auditor
Devic Earth Private Limited is audited by Lodha& Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Lodha& Co | FY 2023 | 301051E |
Shareholding
The shareholding of Devic Earth Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Devic Earth Private Limited, buy the company report.
Deals & funding
Devic Earth Private Limited has 8 deals on record (5 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹20.62 Cr; the latest was in March 2024.
Total deals
8
Rights issues
5
Funding rounds
2
Secondary share transfer
1
Disclosed funding
₹20.62 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Funding round · Seed | ₹10.67 Cr | Investors: Axilor, Blue Ashva Capital |
| Jan 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2020 | Funding round · Seed | ₹9.95 Cr | Investors: Blue Ashva Capital |
| Dec 2020 | Rights issue | ₹4.6 Lakh | Investors: Blue Ashva Capital |
| Jan 2020 | Rights issue | ₹1.48 Cr | Investors: 2 individuals Seller: an individual |
To see the full deal history of Devic Earth Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Devic Earth Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Devic Earth Private Limited has 5 MSME Form 1 returns on record between 2023 and 2024, listing 15 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sensel Telematics Private Limited | |||
| Cuentas Consulting Private Limited | |||
| Lodha & Co | |||
| Sai Lakshmi Industries Private Limited | |||
| 64 Network Security Private Limited |
To see the full MSME payment records of Devic Earth Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Devic Earth Private Limited has a workforce of 18 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
18
Active EPFO establishments
1
Employee growth
-48.57%
GST
Devic Earth has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCD5810N1ZA | Karnataka | Active | 28 May 2018 |
| 36AACCC2082P1ZE | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Devic Earth Private Limited, buy the company report.
Recent activity
Devic Earth Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Shivani Sinha ceased to be Director on 27 Aug 2024.
AGM
Devic Earth Private Limited last Annual general meeting of members was held on 18 Sep 2025 as per latest MCA records.
Filing
Devic Earth Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Shivani Sinha ceased to be Director.
Appointed
Paresh Nanubhai Trivedi was appointed as Nominee Director.
Appointed
Shaguna Sinha was appointed as Director.
Appointed
Srikanth Sola was appointed as Director.
Incorporation
09 Mar 2018
Devic Earth Private Limited was registered on 09 Mar 2018 with Roc Bangalore & aged 8 years 7 months as per MCA records.
News
Frequently asked questions
Devic Earth is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 09 March 2018 (8+ years old) and is registered under CIN U93090KA2018PTC110968.
Devic Earth has 3 current directors:
- Shaguna Sinha - Director
- Paresh Nanubhai Trivedi - Nominee Director
- Srikanth Sola - Director
The latest financial statements of Devic Earth on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Devic Earth is 29AAGCD5810N1ZA, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 36AACCC2082P1ZE (Telangana).
The CIN (Corporate Identification Number) of Devic Earth is U93090KA2018PTC110968. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devic Earth was incorporated on 09 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Devic Earth has 8 deals on record (5 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹20.62 Cr; the latest was in March 2024.
Shivani Sinha ceased to be Director on 27 Aug 2024. Paresh Nanubhai Trivedi was appointed as Nominee Director on 20 Jan 2021. Shaguna Sinha was appointed as Director on 09 Mar 2018. Devic Earth has 4 board changes on record in total.
Yes, Devic Earth is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Devic Earth is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0008968).
Devic Earth has 5 MSME Form 1 returns on record between 2023 and 2024, listing 15 overdue payments to 6 micro and small suppliers. The latest return was filed on 02 May 2024.
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