About Devico International
Devico International is a company based in Panipat (India). It operates as a B2B. The company has 9 employees. Devico International operates in a competitive market with competitors including Wilton Weavers, Dream Home Carpets, Shobha Woollens, OBEETEE and Mabood International, among others.
- Headquarter Panipat, India
- Employees 9
- SectorsIndustrial Goods & Manufacturing
- Phone•••• ••••
- Website devicointernational.com
- Legal Name Devico International Private Limited
- Date of Incorporation 29 Apr, 1993
- Jurisdiction Delhi, India
- Annual Revenue₹15.28 Cr
FY 2024 · +21% YoY
- Net Profit₹15 Lakh
FY 2024 · 1% margin
- EBITDA₹62.1 Lakh
FY 2024 · 4% margin
- Employee Count9
Associated legal entities of Devico International
Devico International operates through Devico International Private 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 |
|---|---|---|---|---|---|---|---|
| Devico International Private Limited CIN U74899DL1993PTC053334 | Active | 29 Apr 1993 | Delhi, Delhi | ₹15.3 Cr | 9 | 3 | View details |
Board of directors of Devico International Private Limited (Devico International)
Devico International Private Limited is the primary company behind Devico International. The board of Devico International Private Limited currently have 3 directors; the longest-serving is Ashok Kumar, appointed in 1993. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ashok Kumar DIN 00845549 | Director | 29 Apr 1993 | 33 yrs 5 mo | Devico International Private Limited |
| Arush Arora DIN 08709664 | Director | 28 Feb 2020 | 6 yrs 7 mo | Devico International Private Limited |
| Mansi Arora DIN 08745327 | Director | 23 May 2020 | 6 yrs 4 mo | Devico International Private Limited |
Financials of Devico International
Figures of Devico International Private Limited, the primary company behind Devico International, for FY 2024. Revenue was ₹15.28 Cr (+21% year on year). Net profit was ₹15 Lakh (1% margin). EBITDA was ₹62.1 Lakh (4% margin). Revenue has grown at a compounded annual rate of +7% over three years and +26% over five years.
- ₹15.28 CrRevenue · FY 2024 · +21% YoY
- ₹15 LakhNet profit · 1% margin
- ₹62.1 LakhEBITDA · 4% margin
- ₹37 LakhPaid-up capital
- 9Employees (provident fund records)
- +7%Revenue CAGR, 3 years
- +26%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Devico International Private Limited are on its company page.
Detailed financial statements for Devico International
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Competitors of Devico International
Devico International operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Wilton Weavers, Dream Home Carpets, Shobha Woollens, OBEETEE and Mabood International, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wilton.in | 1917 | Alappuzha, India | – | 136 | A brand specializing in high-quality carpets for consumers. | |
| dreamhomecarpets.com | 1996 | Panipat, India | – | 40 | Manufactures high-quality carpets for export using traditional and innovative techniques. | |
| shobhawoollens.com | 1994 | Bhadohi, India | – | 21 | Produces high-quality woollen carpets for commercial markets. | |
| obeetee.com | 1920 | Mirzapur, India | – | 53 | Handcrafted rugs and custom designs for global consumers and businesses. | |
| maboodinternational.com | 1990 | Bhadohi Nagar Palika, India | – | 35 | Produces handmade carpets, rugs, home textiles, and accessories for global markets. | |
| tulsiramrugs.com | 1956 | Bhadohi, India | – | 52 | Operates as a brand specializing in high-quality carpets and rugs for residential and commercial use. |
Detailed competitors of Devico International
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Similar companies to Devico International
10 companies that operate in the same segment as Devico International (Textile & Yarn Production), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of regenerated nylon yarn and polymers for textiles and plastics | 1965 | Arco, Trentino-alto Adige, Italy | USD 171.28 M | USD 611.99 M | 2,490 | |
Bicycle manufacturing, sales, and accessory services in India. | 1956 | Gurugram, Haryana, India | – | USD 246.88 M | 2,472 | |
Fabrics, synthetic yarns, viscose, chemicals, and linen products are manufactured. | 1947 | Ujjain, Madhya Pradesh, India | – | USD 18.65 B | 47,020 | |
Home textile products are manufactured, retailed, and distributed globally. | 1985 | Bengaluru, Karnataka, India | – | USD 253.24 M | 8,060 | |
Yarns, threads, and craft accessories are manufactured by DMC. | 1746 | Edison, New Jersey, United States | – | – | – | |
CIEL is a Mauritian conglomerate operating in multiple sectors. | 1912 | Ebene, Plaines Wilhems, Mauritius | USD 38.43 M | – | – | |
GHCL Textiles Limited is a leading manufacturer and supplier of yarns, including open-end yarns, ring-spun cotton yarns, blend ring-spun yarns, and... | 1927 | Noida, Uttar Pradesh, India | – | USD 139.52 M | 3,050 | |
Conglomerate having interest in Manufacturing, Finance, Fashion and Telecom. | 1956 | Mumbai, Maharashtra, India | – | USD 15.45 B | 23,055 | |
Industrial thread is manufactured by Coats for global industries. | 1755 | Uxbridge, Greater London, United Kingdom | – | USD 1.49 B | – | |
Textile yarns are manufactured and exported by Sanathan. | 2006 | Mumbai, Maharashtra, India | – | USD 405.87 M | 1,430 |
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Frequently Asked Questions about Devico International
Devico International is headquartered in Panipat, India. It is registered at Panipat, Haryana, India.
Devico International has 9 employees.
The primary company behind Devico International, Devico International Private Limited, reported revenue of ₹15.28 Cr for FY 2024, up 21% year on year.
Devico International, based in Panipat, focuses on producing manufactured goods, textiles, home furnishings, and carpets and rugs. Manufactures high-quality carpets and rugs. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Devico International's top competitors include OBEETEE, Mabood International and Wilton Weavers.
Devico International operates through Devico International Private Limited.
The legal entities of Devico International currently have 3 directors, including Ashok Kumar, Arush Arora, Mansi Arora.