About Dev Labtech Venture Limited
Data last updated: 10 March 2026
Dev Labtech Venture Limited is a public limited company based in Surat, Gujarat, India. It specialises in watches and jewelry manufacturing, a part of the broader consumer goods sector. Incorporated on 29 April 1993, the company has been in operation for over 33 years.
Registered with ROC Ahmedabad under CIN L36100GJ1993PLC019374. Listed.
Capital: an authorised share capital of ₹15 Cr and a paid-up capital of ₹11.86 Cr. Formerly known as Jay Gems (India) Private Limited and Gandhinagar Plastronics Private Limited. It is led by directors including Brijeshkumar Maheshbhai Pathak and Vivekbhai Tulsibhai Mavani.
Last AGM: 27 September 2025. Financial statements filed for year ended 31 March 2025. Office: Spine – 232 2Nd Floor, Surat Diamond Bourse Dream City, Gujarat, India – 395007.
As per the financials filed for FY 2025, the company reported a revenue of ₹52.42 Cr, a growth of 21% compared to the previous year.
The company is associated with 1 brand - Dev Labtech Venture. As per MCA filings, the company has open charges of ₹23.5 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devlabtechventure.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered AddressSpine – 232 2Nd Floor, Surat Diamond Bourse Dream City, Gujarat, India – 395007
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IndustryConsumer Goods, Watches & Jewelry Manufacturing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Dev Labtech Venture Limited
Dev Labtech Venture Limited has undergone 3 name changes throughout its history. The company was previously known as Jay Gems (India) Private Limited, Gandhinagar Plastronics Private Limited, and Dev Labtech Venture Private Limited. The current legal name is Dev Labtech Venture Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Dev Labtech Venture Limited | Current |
| Jay Gems (India) Private Limited | Previous |
| Gandhinagar Plastronics Private Limited | Previous |
| Dev Labtech Venture Private Limited | Previous |
CIN History of Dev Labtech Venture Limited
Dev Labtech Venture Limited has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L36100GJ1993PLC019374, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L36100GJ1993PLC019374 | Current |
| U36100GJ1993PLC019374 | Previous |
| U36100GJ1993PTC019374 | Previous |
| U25200GJ1993PTC019374 | Previous |
Associated Brands with Dev Labtech Venture Limited
Dev Labtech Venture Limited operates one associated brand: Dev Labtech Venture. These brands represent Dev Labtech Venture Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Lab-grown diamonds and jewelry are manufactured and exported. | devlabtechventure.com |
Business Activity of Dev Labtech Venture Limited
Dev Labtech Venture Limited is engaged in the principal business activity of manufacturing, with detailed activities including other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | ********* |
Auditor Details of Dev Labtech Venture Limited
Dev Labtech Venture Limited is audited by H A R & Co. (ICAI peer reviewed, certificate valid till 2027-06-30) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| H A R & Co. (ICAI peer reviewed, certificate valid till 2027-06-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Dev Labtech Venture Limited
Dev Labtech Venture Limited is currently managed by 6 directors, with 10 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Brijeshkumar Maheshbhai Pathak
Also directs:
Dev Labtech Venture Limited, Appl Containers Limited
|
Director | 07 Sep 2022 | 3 Years 10 Months | Current |
|
Vivekbhai Tulsibhai Mavani
Also directs:
Dev Labtech Venture Limited, Radhakrishna Diamond Association
|
Director | 19 Aug 2022 | 3 Years 10 Months | Current |
| Jerambhai Lavjibhai Donda | Managing Director | 29 Apr 1993 | 33 Years 2 Months | Current |
|
Dimple Jay Donda
Also directs:
Dev Labtech Venture Limited
|
Director | 03 Jun 2022 | 4 Years 1 Months | Current |
|
Jay Jerambhai Donda
Also directs:
Sea Land Shipping And Exports Llp, Dev Labtech Venture Limited
|
Cfo | 29 Sep 2022 | 3 Years 9 Months | Current |
Financials of Dev Labtech Venture Limited FY 2026 filings available
Dev Labtech Venture Limited reported revenue of ₹167.18 Cr (up 218.96% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Revenue from Operations | ₹167.18 Cr | ₹52.41 Cr |
| Other Income | ₹3.16 Lakh | ₹38,000 |
| Total Income | ₹167.21 Cr | ₹52.42 Cr |
| Cost of Materials Consumed | ₹185.65 Cr | ₹54.39 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 |
| Changes in Inventories | -₹43.02 Cr | -₹13.07 Cr |
| Employee Benefit Expense | ₹2.17 Cr | ₹2.5 Cr |
| Finance Costs | ₹10.85 Lakh | ₹12.07 Lakh |
| Other Expenses | ₹11.17 Cr | ₹5.53 Cr |
| Total Expenses | ₹157.22 Cr | ₹50.57 Cr |
| Profit Before Tax | ₹9.99 Cr | ₹1.85 Cr |
| Total Tax Expense | ₹42.26 Lakh | ₹55.18 Lakh |
| Net Profit | ₹9.57 Cr | ₹1.29 Cr |
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Total Assets | ₹165.13 Cr | ₹43.78 Cr |
| Non-current Assets | ₹3.95 Cr | ₹4.91 Cr |
| Current Assets | ₹161.18 Cr | ₹38.87 Cr |
| Property, Plant & Equipment | ₹3.95 Cr | ₹4.88 Cr |
| Inventories | ₹75.29 Cr | ₹32.27 Cr |
| Cash & Equivalents | ₹37.06 Lakh | ₹6.73 Lakh |
| Equity (Net Worth) | ₹11.86 Cr | ₹113,072 Cr |
| Current Liabilities | ₹110.72 Cr | ₹1.32 Cr |
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Operating Cash Flow | -₹1.79 Cr | -₹12.97 Cr |
| Investing Cash Flow | -₹19.97 Lakh | -₹1.4 Cr |
| Financing Cash Flow | ₹2.3 Cr | ₹14.3 Cr |
| Capital Expenditure | ₹20.4 Lakh | ₹29.07 Lakh |
| Free Cash Flow (computed) | -₹2 Cr | -₹13.26 Cr |
| Dividends Paid | ₹0 | ₹0 |
| Net Change in Cash | ₹30.33 Lakh | -₹6.4 Lakh |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Revenue from Operations | ₹59.3 Cr | ₹52.41 Cr | ₹43.22 Cr | ₹30.34 Cr |
| Other Income | ₹3.16 Lakh | ₹38,000 | ₹81,400 | ₹0 |
| Total Income | ₹59.33 Cr | ₹52.42 Cr | - | - |
| Cost of Materials Consumed | ₹55.94 Cr | ₹54.39 Cr | ₹2.21 Cr | ₹4.47 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹41.35 Cr | ₹23.1 Cr |
| Changes in Inventories | -₹5.96 Cr | -₹13.07 Cr | -₹8.88 Cr | -₹4.78 Cr |
| Employee Benefit Expense | ₹2.14 Cr | ₹2.5 Cr | ₹1.73 Cr | ₹1.41 Cr |
| Finance Costs | ₹10.85 Lakh | ₹12.07 Lakh | ₹11.79 Lakh | ₹10.44 Lakh |
| Other Expenses | ₹5.53 Cr | ₹5.53 Cr | ₹3.94 Cr | ₹4.23 Cr |
| Total Expenses | ₹58.9 Cr | ₹50.57 Cr | ₹41.4 Cr | ₹29.09 Cr |
| Profit Before Tax | ₹42.87 Lakh | ₹1.85 Cr | ₹1.83 Cr | ₹1.41 Cr |
| Total Tax Expense | ₹42.26 Lakh | ₹55.18 Lakh | ₹48.98 Lakh | ₹39.1 Lakh |
| Net Profit | ₹61,000 | ₹1.29 Cr | ₹1.34 Cr | ₹1.02 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹50.91 Cr | ₹43.78 Cr | ₹28.67 Cr | ₹23.72 Cr |
| Non-current Assets | ₹5.22 Cr | ₹4.91 Cr | ₹5.03 Cr | ₹4.27 Cr |
| Current Assets | ₹45.69 Cr | ₹38.87 Cr | ₹23.64 Cr | ₹19.46 Cr |
| Property, Plant & Equipment | ₹3.95 Cr | ₹4.88 Cr | - | - |
| Inventories | ₹38.23 Cr | ₹32.27 Cr | ₹19.78 Cr | ₹7.67 Cr |
| Cash & Equivalents | ₹20.09 Lakh | ₹6.73 Lakh | ₹9.54 Lakh | ₹5.81 Cr |
| Equity (Net Worth) | ₹11.86 Cr | ₹113,072 Cr | - | - |
| Current Liabilities | ₹3.64 Cr | ₹1.32 Cr | ₹1.69 Cr | ₹3.71 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Operating Cash Flow | -₹3.11 Cr | -₹12.97 Cr | -₹9.28 Cr | -₹5.72 Cr |
| Investing Cash Flow | -₹1.47 Cr | -₹1.4 Cr | -₹1.78 Cr | -₹4.17 Cr |
| Financing Cash Flow | ₹4.72 Cr | ₹14.3 Cr | ₹5.43 Cr | ₹15.63 Cr |
| Capital Expenditure | ₹1.47 Cr | ₹29.07 Lakh | - | - |
| Free Cash Flow (computed) | -₹4.59 Cr | -₹13.26 Cr | - | - |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹13.36 Lakh | -₹6.4 Lakh | -₹5.63 Cr | ₹5.74 Cr |
Shareholding Pattern of Dev Labtech Venture Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 56.69%, retail and other public shareholders hold 43.31% of Dev Labtech Venture Limited. The company had 834 shareholders on record.
| Mar 2026 | Sep 2025 | Mar 2025 | Sep 2024 | Mar 2024 | Sep 2023 | |
|---|---|---|---|---|---|---|
| Promoters | 56.69% | 56.69% | 54.55% | 54.58% | 68.01% | 68.01% |
| Public | 43.31% | 43.31% | 45.45% | 45.42% | 31.99% | 31.99% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | |
|---|---|---|---|---|
| Promoters | 56.69% | 54.55% | 68.01% | 68.01% |
| Public | 43.31% | 45.45% | 31.99% | 31.99% |
| Promoter change (YoY, %pts) | +2.14 | -13.46 | +0.00 | - |
Charges & Borrowings of Dev Labtech Venture Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Oct 1994 | Gujrat State Financial Corporation | ₹23.5 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Dev Labtech Venture Limited
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Employee Count & EPFO Data of Dev Labtech Venture Limited
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GST Compliance of Dev Labtech Venture Limited
GSTIN & GST Filing Data of Dev Labtech Venture Limited
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Credit Ratings, Litigation & Regulatory Alerts for Dev Labtech Venture Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Dev Labtech Venture Limited
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MSME Payment Delays by Dev Labtech Venture Limited
MSME Payment Delays by Dev Labtech Venture Limited
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Subsidiaries & Group Companies of Dev Labtech Venture Limited
Subsidiaries & Group Companies of Dev Labtech Venture Limited
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MCA Filings & Documents of Dev Labtech Venture Limited
MCA Filings & Documents of Dev Labtech Venture Limited
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Recent Activity on Dev Labtech Venture Limited
Frequently Asked Questions about Dev Labtech Venture Limited
Dev Labtech Venture Limited is an active public limited company in the consumer goods sector based in Surat, Gujarat, India. It was incorporated on 29 April 1993 (33+ years old) and is registered under CIN L36100GJ1993PLC019374.
Dev Labtech Venture Limited reported revenue of ₹52.42 Cr for FY 2025 (up 21.00% YoY).
The current directors of Dev Labtech Venture Limited are:
The primary industry of Dev Labtech Venture Limited is consumer goods. The company specifically operates in watches and jewelry manufacturing. The company is currently active in this sector.
Yes, Dev Labtech Venture Limited is a listed company.
Dev Labtech Venture Limited can be reached at the registered office: Spine – 232 2Nd Floor, Surat Diamond Bourse Dream City, Gujarat, India – 395007, or through the website devlabtechventure.com.