About Decos Software Development Private Limited
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Decos Software Development Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Decos Beheer B.V.. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 31 December 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN1999PTC016656. Its GSTIN is 27AABCD3148G1ZV (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹13.2 Lakh. It is led by directors Devesh Agarwal (Whole-Time Director) and Paul Veger.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Delta # 2 6th Floor Unit No. 601 – D Gigaspace IT Park Off Pune – Ahmednagar Road Viman, Nagar, Maharashtra, India – 411014.
As per the financials filed for FY 2022, the company reported a revenue of ₹20.89 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹2.67 Cr (net margin 12.8%) and EBITDA of ₹4 Cr (EBITDA margin 19.2%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 8% over five years.
The company has about 178 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹13.21 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website decos.com.
Company details
Contact details
Decos Software Development Private Limited's registered office is in Pune, Maharashtra. Its website is decos.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDelta # 2 6th Floor Unit No. 601 – D Gigaspace IT Park Off Pune – Ahmednagar Road Viman, Nagar, Maharashtra, India – 411014
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Decos Software Development Private Limited, buy the company report.
- 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
Financials of Decos Software Development Private Limited
FY 2024 filings availableDecos Software Development Private Limited reported revenue of ₹20.89 Cr (up 38% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 38% growth 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Total Revenue | ₹20.89 Cr | ||||
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| EBITDA | ₹4 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.67 Cr | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.2% | ||||
| Net Profit Margin | 12.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Decos Software Development Private Limited, buy the company report.
Board of directors of Decos Software Development Private Limited
Decos Software Development has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devesh Agarwal | Whole-Time Director | 08 Sep 2020 | 6 Years 1 Months | Current |
| Paul Veger | Director | 01 Jan 2000 | 26 Years 9 Months | Current |
Auditor
Decos Software Development Private Limited is audited by Kalyaniwalla & Mistry LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kalyaniwalla & Mistry LLP | FY 2022 | 104607W/W100166 |
Shareholding
The shareholding of Decos Software Development 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 Decos Software Development Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Aug 2019 | 100286601 | Axis Bank Limited | ₹13.21 Lakh | Satisfied |
To see the full charge records of Decos Software Development Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Decos Software Development Private Limited has 2 court cases on record: 2 filed by Decos Software Development. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
| NCLAT | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Court I | Tribunal matter | Filed by the company against V A Tech Wabag Ltd | Disposed |
| NCLT, Chennai | Insolvency matter | Filed by the company against Va Tech Wabag Limited and 1 other | Disposed |
To see the full case history of Decos Software Development Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Decos Software Development Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Decos Software Development Private Limited has a workforce of 178 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Decos Software Development has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCD3148G1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Decos Software Development Private Limited, buy the company report.
Recent activity
Decos Software Development Private Limited has 10 board changes on record since 2000: 2 appointments and 8 cessations. The latest: Devesh Agarwal ceased to be Director on 29 Dec 2020.
3 earlier events are in the company report.
Frequently asked questions
Decos Software Development is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 31 December 1999 (27+ years old) and is registered under CIN U72200PN1999PTC016656.
Decos Software Development has 2 current directors:
- Devesh Agarwal - Whole-Time Director
- Paul Veger - Director
The latest financial statements of Decos Software Development on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Decos Software Development is 27AABCD3148G1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Decos Software Development is U72200PN1999PTC016656. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Decos Software Development has 2 court cases on record: 2 filed by the company. Most are in the nclt.
Decos Software Development was incorporated on 31 December 1999, making it 27+ years old. It is registered with the Registrar of Companies, Pune.
Devesh Agarwal ceased to be Director on 29 Dec 2020. Nitin Akhaury ceased to be Managing Director on 15 Sep 2020. Praveen Anand ceased to be Whole-Time Director on 15 Sep 2020. Decos Software Development has 10 board changes on record in total.
Decos Software Development can be reached through the website decos.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Decos Software Development is at Delta # 2 6th Floor Unit No. 601 – D Gigaspace IT Park Off Pune – Ahmednagar Road Viman, Nagar, Maharashtra, India – 411014.