About Dev Software and Services Private Limited
Data last updated:
Dev Software and Services Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 11 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2003PTC143491. Its GSTIN is 27AABCD9248H1ZG (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹49.43 Lakh. It is led by directors including Yatin Nemchand Shah (Managing Director) and Manthan Yatin Shah.
Its last annual general meeting (AGM) was held on 14 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.63 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹18.71 Lakh (net margin 5.1%) and EBITDA of ₹32.52 Lakh (EBITDA margin 8.9%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 7% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Dev Software. As per MCA filings, the company has open charges of ₹60 Lakh and satisfied charges of ₹1.3 Cr 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 devsoftware.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressBalaji Infotech Industrial Premises Co – Op Soc Ltd 901 Plot A/278 Road No 16A Wagle Esta, Te, Thane, Maharashtra, India – 400604
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Software and Services Private Limited
The main business activity of Dev Software and Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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 Software and Services Private Limited FY 2025 filings available
Dev Software and Services Private Limited reported revenue of ₹3.63 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Dev Software and Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 14% growth in the latest year. EBITDA rose 464% 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 Software and 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 | ₹32.52 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹18.71 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 Software and Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.1% | •••• | •••• | •••• | •••• |
| 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 Software and Services are in the company report.
Financial statements from 2015
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 Software and Services Private Limited
Dev Software and Services Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shri Edibles Private Limited | •••• | •••• | •••• | •••• | 15 | Jaipur, Rajasthan, India |
| Triple A Solutions Private Limited | •••• | •••• | •••• | •••• | 23 | Kolkata, West Bengal, India |
| Metaoption Software Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Wits Interactive Private Limited | •••• | •••• | •••• | •••• | 48 | Mumbai, Maharashtra, India |
| Nohitatu Technologies Private Limited | •••• | •••• | •••• | •••• | 13 | Chennai, Tamil Nadu, India |
| Dev Software and Services Private Limited this company | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| SGP Software Solutions Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Repozitory Technologies Private Limited | •••• | •••• | •••• | •••• | - | Hisar, Haryana, India |
| Marine Software Pvt Ltd | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Shakti Infosolutions Private Limited | •••• | •••• | •••• | •••• | 32 | Chennai, Tamil Nadu, India |
| Jyoti Technical Services Private Limited | •••• | •••• | •••• | •••• | 26 | Pune City, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Dev Software and Services by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Dev Software and Services Private Limited
Dev Software and Services Private Limited is audited by D N & Co. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D N & Co. | 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 Software and Services Private Limited
Dev Software and Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yatin Nemchand Shah | Managing Director | 11 Dec 2003 | 22 Years 9 Months | Current |
| Manthan Yatin Shah | Director | 21 Dec 2022 | 3 Years 9 Months | Current |
| Beena Yatin Shah | Director | 11 Dec 2003 | 22 Years 9 Months | Current |
Ownership and Shareholding of Dev Software and 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 Software and Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Mar 2021 | Others | ₹60 Lakh | Open |
| 26 Oct 2016 | Standard Chartered Bank | ₹35 Lakh | Satisfied |
| 29 Oct 2011 | Standard Chartered Bank | ₹94.6 Lakh | Satisfied |
Total charge records: 3 View all charges
Associated Brands with Dev Software and Services Private Limited
Dev Software and Services operates one associated brand: Dev Software. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Enterprise software solutions for insurance policy management and quotations. | devsoftware.co.in |
Employees and EPFO Compliance at Dev Software and Services Private Limited
Dev Software and Services Private Limited has a workforce of 2 employees as of Apr 01, 2024.
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 Software and Services Private Limited
Dev Software and Services Private Limited has 4 board changes on record since 2003: 3 appointments and 1 cessation. The latest: Manthan Yatin Shah ceased to be Additional Director on 29 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Dev Software and 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 Software and 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 Software and 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 Software and Services Private Limited
Dev Software and Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCD9248H1ZG | Maharashtra | Active | 01 Jul 2017 |
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 Software and 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 Software and Services Private Limited
Dev Software and Services is an active private limited company based in Thane, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 11 December 2003 (23+ years old) and is registered under CIN U72900MH2003PTC143491.
Dev Software and Services reported revenue of ₹3.63 Cr for FY 2025 (up 14% YoY).
Dev Software and Services has 3 current directors:
- Yatin Nemchand Shah - Managing Director
- Manthan Yatin Shah - Director
- Beena Yatin Shah - Director
Dev Software and Services reported a net profit of ₹18.71 Lakh (net margin 5.1%) and EBITDA of ₹32.52 Lakh (EBITDA margin 8.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Dev Software and Services is 14% over three years and 7% over five years. In the latest year (FY 2025) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Dev Software and Services is 27AABCD9248H1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Dev Software and Services is U72900MH2003PTC143491. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dev Software and Services was incorporated on 11 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Dev Software and Services by revenue are Shri Edibles Private Limited, Triple A Solutions Private Limited, Metaoption Software Private Limited, Wits Interactive Private Limited, Nohitatu Technologies Private Limited and 5 more, all in the Information Technology industry (Application Development).
Manthan Yatin Shah ceased to be Additional Director on 29 Sep 2023. Manthan Yatin Shah was appointed as Director on 21 Dec 2022. Beena Yatin Shah was appointed as Director on 11 Dec 2003. Dev Software and Services has 4 board changes on record in total.
Dev Software and Services can be reached through the website devsoftware.co.in. Its registered office is in Thane, Maharashtra, India.