Dev Financial Services Private Limited
About Dev Financial Services Private Limited
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Dev Financial Services Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 21 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74999WB2020PTC236611. Its GSTIN is 19AAHCD6825C1ZO (West Bengal).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Da Advisory Services Private Limited. It is led by directors Devendra Kumar Lakhani and Akansha Sarowagi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kajaria Centre 32 Armenian Street 2nd Floor Suite No. 2T01, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.14 Lakh, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹7.21 Lakh (net margin 71.1%) and EBITDA of ₹9.79 Lakh (EBITDA margin 96.6%). Revenue has grown at a compounded annual rate (CAGR) of 159% over three years.
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- Registered AddressKajaria Centre 32 Armenian Street 2nd Floor Suite No. 2T01, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, Diversified Financial Services
- 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
- One PDF report, delivered after checkout
Business Activity of Dev Financial Services Private Limited
The main business activity of Dev Financial Services is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Dev Financial Services Private Limited FY 2025 filings available
Dev Financial Services Private Limited reported revenue of ₹10.14 Lakh (down 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Dev Financial Services Private Limited
Revenue fell 33% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 159%. EBITDA fell 34% 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 of Dev Financial Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹9.79 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.21 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Dev Financial Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 96.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 71.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Dev Financial Services are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Dev Financial Services Private Limited
Dev Financial Services Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Other Financial Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| NJ Analysts Private Limited | ₹10.2 Lakh (FY 2025) | •••• | •••• | -5.0% | •••• | Nagpur, Maharashtra, India |
| Jai Durga Clothing Private Limited | ₹10.18 Lakh (FY 2025) | •••• | •••• | -18.0% | •••• | New Delhi, Delhi, India |
| Bhaveshwar Finvest Private Limited | ₹10.16 Lakh (FY 2024) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Growell Finance and Management Consultants Private Limited | ₹10.16 Lakh (FY 2025) | •••• | •••• | 389.0% | •••• | Mumbai, Maharashtra, India |
| Goldterrain Nidhi Limited | ₹10.16 Lakh (FY 2024) | •••• | •••• | -6.0% | •••• | Khairtabad, Telangana, India |
| Dev Financial Services Private Limited this company | ₹10.14 Lakh (FY 2025) | •••• | •••• | -33.0% | •••• | Kolkata, West Bengal, India |
| Suhana Distributors Private Limited | ₹10.13 Lakh (FY 2025) | •••• | •••• | -9.0% | •••• | Kolkata, West Bengal, India |
| Nivo Holdings Private Limited | ₹10.13 Lakh (FY 2022) | •••• | •••• | 21.0% | •••• | W. E. F. 1/4/2005, Maharashtra, India |
| Famous Vanijya Private Limited | ₹10.13 Lakh (FY 2022) | •••• | •••• | -26.0% | •••• | Ujjain, Madhya Pradesh, India |
| Shaan Financial Services Private Limited (OPC) | ₹10.12 Lakh (FY 2020) | •••• | •••• | -38.0% | •••• | Mumbai, Maharashtra, India |
| Rash Tradelink Private Limited | ₹10.11 Lakh (FY 2025) | •••• | •••• | -9.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Dev Financial Services by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Dev Financial Services Private Limited
Dev Financial Services Private Limited is audited by GASA & CO. LLP for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GASA & CO. LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Dev Financial Services Private Limited
Dev Financial Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devendra Kumar Lakhani Also directs: J K K & Company LLP | Director | 21 Feb 2020 | 6 Years 7 Months | Current |
| Akansha Sarowagi Also directs: Sundrex Oil Company Limited., Dev Fibers Private Limited | Director | 21 Feb 2020 | 6 Years 7 Months | Current |
Ownership and Shareholding of Dev Financial Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Dev Financial Services Private Limited
Dev Financial Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Dev Financial Services Private Limited
Employment history and EPFO contributions of people linked to Dev Financial Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Dev Financial Services Private Limited
Dev Financial Services Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Akansha Sarowagi was appointed as Director on 21 Feb 2020.
Credit Ratings, Litigation & Regulatory Alerts for Dev Financial Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Dev Financial Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Dev Financial Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Dev Financial Services Private Limited
Dev Financial Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAHCD6825C1ZO | West Bengal | Active | 25 Mar 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Dev Financial Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Dev Financial Services Private Limited
Dev Financial Services is an active private limited company based in Kolkata, West Bengal, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 21 February 2020 (6+ years old) and is registered under CIN U74999WB2020PTC236611.
Dev Financial Services reported revenue of ₹10.14 Lakh for FY 2025 (down 33% YoY).
Dev Financial Services has 2 current directors:
- Devendra Kumar Lakhani - Director
- Akansha Sarowagi - Director
Dev Financial Services reported a net profit of ₹7.21 Lakh (net margin 71.1%) and EBITDA of ₹9.79 Lakh (EBITDA margin 96.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Dev Financial Services is 159% over three years. In the latest year (FY 2025) revenue fell 33%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Dev Financial Services is 19AAHCD6825C1ZO, registered in West Bengal.
The CIN (Corporate Identification Number) of Dev Financial Services is U74999WB2020PTC236611. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dev Financial Services was incorporated on 21 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Dev Financial Services by revenue are NJ Analysts Private Limited, Jai Durga Clothing Private Limited, Bhaveshwar Finvest Private Limited, Growell Finance and Management Consultants Private Limited, Goldterrain Nidhi Limited and 5 more, all in the BFSI industry (Other Financial Services).
Akansha Sarowagi was appointed as Director on 21 Feb 2020. Devendra Kumar Lakhani was appointed as Director on 21 Feb 2020.
The registered office of Dev Financial Services is at Kajaria Centre 32 Armenian Street 2nd Floor Suite No. 2T01, Kolkata, West Bengal, India – 700001.