About Dev Structural India Private Limited
Data last updated:
Dev Structural India Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 28 March 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45201KA2006PTC038853. Its GSTIN is 29AACCD3746M1Z9 (Karnataka).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1 Cr. It is led by directors Vivek Anant Ambekar and Ashok Mahaveer Bhadale.
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 Cts No.366/D Nehru Road Opp:Lele Ground Tilakwadi, Belgaum, Karnataka, India – 590006.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.59 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹1.75 Cr (net margin 5.9%) and EBITDA of ₹4.28 Cr (EBITDA margin 14.5%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 19% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Dev Structural. As per MCA filings, the company has open charges of ₹16.5 Cr and satisfied charges of ₹7.02 Cr on record. Court records list 11 cases involving the company, including 3 filed by the company and 7 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dsipl.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressCts No.366/D Nehru Road Opp:Lele Ground Tilakwadi, Belgaum, Karnataka, India – 590006
- IndustryInfrastructure and Utilities, General Construction 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 Structural India Private Limited
The main business activity of Dev Structural India is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | 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 Structural India Private Limited FY 2025 filings available
Dev Structural India Private Limited reported revenue of ₹29.59 Cr (down 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Dev Structural India Private Limited
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA fell 12% 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 Structural India 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 | ₹4.28 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.75 Cr | •••• | •••• | •••• | •••• |
| 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 Structural India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.9% | •••• | •••• | •••• | •••• |
| 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 Structural India 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 Structural India Private Limited
Dev Structural India Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction 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 |
|---|---|---|---|---|---|---|
| Shrishri Infrastructure Private Limited | ₹29.7 Cr (FY 2024) | •••• | •••• | -30.0% | •••• | Jalgaon, Maharashtra, India |
| Vishnu Projects and Constructions Private Limited | ₹29.67 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Chennai, Tamil Nadu, India |
| Prashant Building Tech Private Limited | ₹29.66 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | Vadodara, Gujarat, India |
| Mahajan Biz Ventures Private Limited | ₹29.65 Cr (FY 2024) | •••• | •••• | -38.0% | •••• | Gulbarga, Karnataka, India |
| Good Earth Plotted Development Private Limited | ₹29.6 Cr (FY 2025) | •••• | •••• | -71.0% | •••• | New Delhi, Delhi, India |
| Dev Structural India Private Limited this company | ₹29.59 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Belgaum, Karnataka, India |
| Anjaneya Artery Projects Private Limited | ₹29.56 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Tiruchengodu, Tamil Nadu, India |
| SSP Promoters & Builders Private Limited | ₹29.55 Cr (FY 2024) | •••• | •••• | -14.0% | •••• | New Delhi, Delhi, India |
| Shree Maharudra Infrastructures Private Limited | ₹29.51 Cr (FY 2024) | •••• | •••• | •••• | Latur, Maharashtra, India | |
| PMK Infra Private Limited | ₹29.51 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Nellikode, Kerala, India |
| Arora Construction Co. Private Limited | ₹29.5 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Dev Structural India by revenue in the Infrastructure industry (Construction 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 Structural India Private Limited
Auditor information for Dev Structural India Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Dev Structural India Private Limited
Dev Structural India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Anant Ambekar | Director | 28 Mar 2006 | 20 Years 6 Months | Current |
| Ashok Mahaveer Bhadale | Director | 28 Mar 2006 | 20 Years 6 Months | Current |
Ownership and Shareholding of Dev Structural India 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 Structural India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Nov 2025 | Axis Bank Limited | ₹2.82 Cr | Open |
| 26 May 2025 | Others | ₹35.9 Lakh | Open |
| 27 Jan 2025 | Others | ₹7 Cr | Open |
| 26 Mar 2024 | Axis Bank Limited | ₹1.07 Cr | Open |
| 06 Nov 2023 | Axis Bank Limited | ₹99 Lakh | Open |
Total charge records: 22 View all charges
Legal Cases of Dev Structural India Private Limited
Dev Structural India Private Limited has 11 court cases on record: 3 filed by Dev Structural India, 7 filed against it, 1 where it is another party. 3 cases are pending and 8 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 6 | 3 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Civil suit | Filed by the company against Energy Systems Private Limited | Disposed |
| District court, BELAGAVI, Karnataka | Motor accident claim | Filed against the company by an individual | Pending |
| District court, BELAGAVI, Karnataka | Motor accident claim | Filed against the company by an individual | Pending |
| District court, BELAGAVI, Karnataka | Commercial matter | Filed by the company against an individual | Pending |
| High Court of Karnataka | Writ petition | Filed against the company by an individual | Disposed |
Full case history
All 11 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Dev Structural India Private Limited
Dev Structural India operates one associated brand: Dev Structural. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides construction and infrastructure services including roads, buildings, and water supply. | dsipl.com |
Employees and EPFO Compliance at Dev Structural India Private Limited
Dev Structural India Private Limited has a workforce of 15 employees as of Sep 24, 2025.
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 Structural India Private Limited
Dev Structural India Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Ashok Mahaveer Bhadale was appointed as Director on 28 Mar 2006.
26 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Dev Structural India 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 Structural India 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 Structural India 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 Structural India Private Limited
Dev Structural India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCD3746M1Z9 | Karnataka | 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 Structural India 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 Structural India Private Limited
Dev Structural India is an active private limited company based in Belgaum, Karnataka, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 28 March 2006 (20+ years old) and is registered under CIN U45201KA2006PTC038853.
Dev Structural India reported revenue of ₹29.59 Cr for FY 2025 (down 21% YoY).
Dev Structural India has 2 current directors:
- Vivek Anant Ambekar - Director
- Ashok Mahaveer Bhadale - Director
Dev Structural India reported a net profit of ₹1.75 Cr (net margin 5.9%) and EBITDA of ₹4.28 Cr (EBITDA margin 14.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Dev Structural India is 19% over three years and 19% over five years. In the latest year (FY 2025) revenue fell 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Dev Structural India is 29AACCD3746M1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Dev Structural India is U45201KA2006PTC038853. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dev Structural India has 11 court cases on record: 3 filed by the company and 7 filed against it. 3 are pending. Most are in the district courts.
Dev Structural India was incorporated on 28 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Dev Structural India by revenue are Shrishri Infrastructure Private Limited, Vishnu Projects and Constructions Private Limited, Prashant Building Tech Private Limited, Mahajan Biz Ventures Private Limited, Good Earth Plotted Development Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Ashok Mahaveer Bhadale was appointed as Director on 28 Mar 2006. Vivek Anant Ambekar was appointed as Director on 28 Mar 2006.