About Devam Systems Private Limited
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Devam Systems Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 17 June 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2009PTC134150. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Priyakant Rawat and Devangi Rawat.
Its last annual general meeting (AGM) was held on 28 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2020, the company reported a revenue of ₹16.11 Lakh, a decline of 31% compared to the previous year. For the same year it recorded a net profit of ₹1.83 Lakh (net margin 11.4%) and EBITDA of ₹4.57 Lakh (EBITDA margin 28.3%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 12% over five years.
The company is associated with 1 brand: Devam Systems.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devamsystems.com.
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- Registered Address16 Plot – 128/1 Sec – 13 Sagar Madhuvan Opp Mercedes Benz Pcntda Chikhali Chi, Nchwad, Pune, Maharashtra, India – 411019
- IndustryInformation Technology, IT Consulting & Support 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
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Business Activity of Devam Systems Private Limited
The main business activity of Devam Systems is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Devam Systems Private Limited FY 2020 filings available
Devam Systems Private Limited reported revenue of ₹16.11 Lakh (down 31% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Devam Systems Private Limited
Revenue fell 31% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 29% 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 Devam Systems Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹16.11 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.57 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.83 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 Devam Systems Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.4% | •••• | •••• | •••• | •••• |
| 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 Devam Systems 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 Devam Systems Private Limited
Devam Systems Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gaammabytes Private Limited | ₹16.17 Lakh (FY 2024) | •••• | •••• | -46.0% | •••• | Bangalore, Karnataka, India |
| Digit Twenty Four Intelligent Computing Private Limited | ₹16.16 Lakh (FY 2021) | •••• | •••• | 4.0% | •••• | Patna, Bihar, India |
| A2f Ignitive Labs India Private Limited | ₹16.16 Lakh (FY 2021) | •••• | •••• | 283.0% | •••• | Davanagere, Karnataka, India |
| Innocrux Private Limited | ₹16.15 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Chennai, Tamil Nadu, India |
| Etrue Web Solutions Private Limited | ₹16.14 Lakh (FY 2025) | •••• | •••• | 4.0% | •••• | New Delhi, Delhi, India |
| Devam Systems Private Limited this company | ₹16.11 Lakh (FY 2020) | •••• | •••• | -31.0% | •••• | Pune, Maharashtra, India |
| Webtek Sharepoint Solutions India Private Limited | ₹16.09 Lakh (FY 2018) | •••• | •••• | -54.0% | •••• | Coimbatore, Tamil Nadu, India |
| Comenzar IT Solutions Private Limited | ₹16.09 Lakh (FY 2024) | •••• | •••• | -52.0% | •••• | Kolkata, West Bengal, India |
| Sukanta Infotech Private Limited | ₹16.07 Lakh (FY 2025) | •••• | •••• | -7.0% | •••• | Kolkata, West Bengal, India |
| Viba Pursuits Private Limited | ₹16.07 Lakh (FY 2024) | •••• | •••• | 397.0% | •••• | Hyderabad, Telangana, India |
| Balvin Electronics Private Limited | ₹16.07 Lakh (FY 2017) | •••• | •••• | -13.0% | •••• | Panjim, Goa, India |
Peers are the five companies nearest above and the five nearest below Devam Systems by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), 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 Devam Systems Private Limited
Devam Systems Private Limited is audited by UTTAM ABUWALA & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| UTTAM ABUWALA & 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 Devam Systems Private Limited
Devam Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priyakant Rawat Also directs: Accuesys India Private Limited | Director | 17 Jun 2009 | 17 Years 3 Months | Current |
| Devangi Rawat | Director | 17 Jun 2009 | 17 Years 3 Months | Current |
Ownership and Shareholding of Devam Systems 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 Devam Systems Private Limited
Devam Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Devam Systems Private Limited
Devam Systems operates one associated brand: Devam Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IT service suite and BPO solutions. | devamsystems.com |
Employees and EPFO Compliance at Devam Systems Private Limited
Employment history and EPFO contributions of people linked to Devam Systems.
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 Devam Systems Private Limited
Devam Systems Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Devangi Rawat was appointed as Director on 17 Jun 2009.
Credit Ratings, Litigation & Regulatory Alerts for Devam Systems 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 Devam Systems 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 Devam Systems 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 Devam Systems Private Limited
Devam Systems has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
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 Devam Systems 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 Devam Systems Private Limited
Devam Systems is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 17 June 2009 (17+ years old) and is registered under CIN U72900PN2009PTC134150.
Devam Systems reported revenue of ₹16.11 Lakh for FY 2020 (down 31% YoY).
Devam Systems has 2 current directors:
- Priyakant Rawat - Director
- Devangi Rawat - Director
Devam Systems reported a net profit of ₹1.83 Lakh (net margin 11.4%) and EBITDA of ₹4.57 Lakh (EBITDA margin 28.3%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devam Systems is 16% over three years and 12% over five years. In the latest year (FY 2020) revenue fell 31%. CAGR is the steady yearly rate that links the first and the last year.
No. Devam Systems has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Devam Systems is U72900PN2009PTC134150. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devam Systems was incorporated on 17 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Devam Systems by revenue are Gaammabytes Private Limited, Digit Twenty Four Intelligent Computing Private Limited, A2f Ignitive Labs India Private Limited, Innocrux Private Limited, Etrue Web Solutions Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Devangi Rawat was appointed as Director on 17 Jun 2009. Priyakant Rawat was appointed as Director on 17 Jun 2009.
Devam Systems can be reached through the website devamsystems.com. Its registered office is in Pune, Maharashtra, India.