About Deva Dril
Deva Dril is an Industrial Goods & Manufacturing company based in India. Manufacturing and supplying specialty chemicals for the Oil and Gas industry in India. It operates in the Industrial Goods & Manufacturing and Chemicals & Materials sectors. Its Indian entity Deva Drill-Tech India Limited reported revenue of ₹60.75 Cr. Deva Dril offers products and services including Drilling Chemicals and Production Chemicals. Its focus areas include Energy, Oil and Gas, Specialty Chemicals Manufacturing and Chemical Production.
Company details
Deva is identified as a manufacturing company that serves as the largest supplier of specialty chemicals for the Oil and Gas industry in India, with a production capacity of 25,200 MTPA. It was established in 1987 through collaboration with a U.K. company and began operations in 1992, driven by Non-Resident Indians with over 50 years of experience. The company is noted for pioneering flow assurance services and developing over 50 products, including flow improvers for various crude oils, while maintaining in-house laboratories for performance testing as per international standards.
- Headquarters India
- SectorsIndustrial Goods & ManufacturingChemicals & Materials
- Email••••••••
- Website devadrill.in
- Legal Name Deva Drill-Tech India Limited
- Date of Incorporation 29 Sep, 1987
- Jurisdiction Raigad, Maharashtra, India
- Annual Revenue₹60.75 Cr
FY 2024 · -18% YoY
- Net Profit₹1.59 Cr
FY 2024 · 3% margin
- EBITDA₹6.58 Cr
FY 2024 · 11% margin
Associated legal entities of Deva Dril
Deva Dril operates through Deva Drill-Tech India Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Deva Drill-Tech India Limited CIN U24132MH1987PLC044832 | Active | 29 Sep 1987 | Raigad, Maharashtra | ₹60.7 Cr | 3 | View details |
Products & Services of Deva Dril
Deva Dril offers a comprehensive portfolio of products and services, including Drilling Chemicals and Production Chemicals.
Chemicals for drilling and workover operations are provided to support the Oil and Gas industry.
Chemicals for production and transportation processes are supplied to enhance efficiency in the Oil and Gas sector.
Board of directors of Deva Drill-Tech India Limited (Deva Dril)
Deva Drill-Tech India Limited is the primary company behind Deva Dril. The board of Deva Drill-Tech India Limited currently have 3 directors; the longest-serving is Mohan Kumar A V Iyengar, appointed in 2004. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mohan Kumar A V Iyengar DIN 01597292 | Managing Director | 30 Jun 2004 | 22 yrs 4 mo | Deva Drill-Tech India Limited |
| Indrani Mohan Kumar DIN 01747365 | Whole-time director | 30 Jun 2004 | 22 yrs 4 mo | Deva Drill-Tech India Limited |
| Ambrish Mohan Kumar DIN 06641425 | Director | 31 Oct 2016 | 10 yrs | Deva Drill-Tech India Limited |
Financials of Deva Dril
Figures of Deva Drill-Tech India Limited, the primary company behind Deva Dril, for FY 2024. Revenue was ₹60.75 Cr (-18% year on year). Net profit was ₹1.59 Cr (3% margin). EBITDA was ₹6.58 Cr (11% margin). Revenue has grown at a compounded annual rate of -7% over three years and -2% over five years.
- ₹60.75 CrRevenue · FY 2024 · -18% YoY
- ₹1.59 CrNet profit · 3% margin
- ₹6.58 CrEBITDA · 11% margin
- ₹3.28 CrPaid-up capital
- -7%Revenue CAGR, 3 years
- -2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Deva Drill-Tech India Limited are on its company page.
Detailed financial statements for Deva Dril
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Top companies in Contract & Outsourced Manufacturing
3 companies that operate in the same segment as Deva Dril (Contract & Outsourced Manufacturing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial components, mould bases, and storage solutions are manufactured globally. | 1986 | Coimbatore, Tamil Nadu, India | USD 28 M | USD 853.09 M | 43 | |
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | USD 114.37 M | 618 | ||
Apparel and clothing are manufactured and exported on contract. | 1979 | Bengaluru, Karnataka, India | USD 400 M | 40,280 |
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Frequently Asked Questions about Deva Dril
Deva Dril is headquartered in India.
The primary company behind Deva Dril, Deva Drill-Tech India Limited, reported revenue of ₹60.75 Cr for FY 2024, down 18% year on year.
Deva is identified as a manufacturing company that serves as the largest supplier of specialty chemicals for the Oil and Gas industry in India, with a production capacity of 25,200 MTPA. It was established in 1987 through collaboration with a U.K. company and began operations in 1992, driven by Non-Resident Indians with over 50 years of experience. The company is noted for pioneering flow assurance services and developing over 50 products, including flow improvers for various crude oils, while maintaining in-house laboratories for performance testing as per international standards.
Deva Dril offers Drilling Chemicals and Production Chemicals.
Deva Dril operates through Deva Drill-Tech India Limited.
The legal entities of Deva Dril currently have 3 directors, including Mohan Kumar A V Iyengar, Indrani Mohan Kumar, Ambrish Mohan Kumar.