About Devarsons
Devarsons is a Chemicals & Materials company founded in 1923. Dye manufacturing and technical services for chemicals in various industries. The company has 135 employees. Its Indian entity Devarsons Industries Private Limited reported revenue of ₹116 Cr. Devarsons offers products and services including Solvent Dyes and Food Colours. Its focus areas include Chemicals, Specialty Chemicals, Cosmetics Colorants and Colorants for Polymers.
Company details
Devarsons Industries Pvt. Ltd. was established in 1923 as a manufacturer of dyes tailored for specific applications. A strong RD program is maintained to produce various classes of dyes for industries such as textiles, medicine, cosmetics, and agro sectors. Emphasis is placed on product consistency to avoid batch deviations, while compliance with EHS standards and government policies is ensured. The company serves domestic and export markets equally, focusing on value-added services and innovation in dye properties for optimal performance.
- Employees 135
- SectorsChemicals & Materials
- Phone•••• ••••
- Legal Name Devarsons Industries Pvt. Ltd
- Date of Incorporation 01 Jun, 1961
- Jurisdiction Gujarat, India
- Indian entity revenue₹116 Cr
FY 2025 · +43% YoY
- Indian entity net profit₹33.26 Cr
FY 2025 · 29% margin
- Indian entity EBITDA₹41.00 Cr
FY 2025 · 35% margin
- Employee Count135
Associated legal entities of Devarsons
Devarsons operates through Devarsons Industries Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Devarsons Industries Private Limited CIN U99999GJ1961PTC001390 | Active | 01 Jun 1961 | ₹116 Cr | 135 | 3 | View details |
Products & Services of Devarsons
Devarsons offers a comprehensive portfolio of products and services, including Solvent Dyes and Food Colours.
Solvent dyes are produced for applications in plastics, oil, and cosmetics, with modifications made to suit specific uses.
Food colours are manufactured for the food industry, ensuring they meet safety and consistency standards.
Board of directors of Devarsons Industries Private Limited (Devarsons)
Devarsons Industries Private Limited is the primary company behind Devarsons. The board of Devarsons Industries Private Limited currently have 3 directors; the longest-serving is Gaurang Navinchandra Shah, appointed in 1987. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gaurang Navinchandra Shah DIN 00024424 | Director | 22 Sep 1987 | 39 yrs 1 mo | Devarsons Industries Private Limited |
| Samir Sureshchandra Shah DIN 00024528 | Director | 01 Apr 1995 | 31 yrs 6 mo | Devarsons Industries Private Limited |
| Sandeep Ravindra Shah DIN 00024619 | Director | 01 Oct 1996 | 30 yrs | Devarsons Industries Private Limited |
Financials of Devarsons
Figures of Devarsons Industries Private Limited, the primary company behind Devarsons, for FY 2025. Revenue was ₹116 Cr (+43% year on year). Net profit was ₹33.26 Cr (29% margin). EBITDA was ₹41.00 Cr (35% margin). Revenue has grown at a compounded annual rate of +6% over three years and +9% over five years.
- ₹116 CrRevenue · FY 2025 · +43% YoY
- ₹33.26 CrNet profit · 29% margin
- ₹41.00 CrEBITDA · 35% margin
- ₹63.8 LakhPaid-up capital
- 135Employees (provident fund records)
- +6%Revenue CAGR, 3 years
- +9%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Devarsons Industries Private Limited are on its company page.
Detailed financial statements for Devarsons
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Frequently Asked Questions about Devarsons
Devarsons was founded in 1923.
Devarsons has 135 employees.
The primary company behind Devarsons, Devarsons Industries Private Limited, reported revenue of ₹116 Cr for FY 2025, up 43% year on year.
Devarsons Industries Pvt. Ltd. was established in 1923 as a manufacturer of dyes tailored for specific applications. A strong RD program is maintained to produce various classes of dyes for industries such as textiles, medicine, cosmetics, and agro sectors. Emphasis is placed on product consistency to avoid batch deviations, while compliance with EHS standards and government policies is ensured. The company serves domestic and export markets equally, focusing on value-added services and innovation in dye properties for optimal performance.
Devarsons offers Solvent Dyes and Food Colours.
Devarsons operates through Devarsons Industries Private Limited.
The legal entities of Devarsons currently have 3 directors, including Gaurang Navinchandra Shah, Samir Sureshchandra Shah, Sandeep Ravindra Shah.