Devang Estate and Finance Co Pvt Ltd
About Devang Estate and Finance Co Pvt Ltd
Data last updated:
Devang Estate and Finance Co Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 28 June 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1982PTC027649.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.75 Lakh. It is led by directors Gaurav Bipin Mathrawala and Bipin Hirjibhai Mathrawala.
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 B – 92 Mittal Tower Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.8 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹18.86 Lakh (net margin 70.4%) and EBITDA of ₹24.45 Lakh (EBITDA margin 91.2%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 6% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Devang Estate and Finance Co Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressB – 92 Mittal Tower Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Devang Estate and Finance Co Pvt Ltd, buy the company report.
- 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
Financials of Devang Estate and Finance Co Pvt Ltd
FY 2025 filings availableDevang Estate and Finance Co Pvt Ltd reported revenue of ₹26.8 Lakh (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 9% 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
| 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 | ₹24.45 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.86 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 91.2% | ||||
| Net Profit Margin | 70.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Devang Estate and Finance Co Pvt Ltd, buy the company report.
Board of directors of Devang Estate and Finance Co Pvt Ltd
Devang Estate and Finance Co has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Bipin Mathrawala Also directs: Mount Associates LLP, Mathsons Re-Insurance Brokers Private Limited, G K Services Private Limited and 2 more | Director | 20 Aug 2012 | 14 Years 2 Months | Current |
| Bipin Hirjibhai Mathrawala Also directs: Mathsons Re-Insurance Brokers Private Limited, G K Services Private Limited, Mathson Securities Private Limited and 1 more | Director | 20 Aug 2012 | 14 Years 2 Months | Current |
Peer comparison
Devang Estate and Finance Co Pvt Ltd is compared with the 10 companies closest to it by revenue in the BFSI industry (Finance, Other Financial Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Radha Rani Finance and Investments Private Limited | ₹26.82 Lakh (FY 2019) | 4799.0% | New Delhi, Delhi, India | |||
| Winston Finvest Pvt. Ltd. | ₹26.82 Lakh (FY 2025) | -15.0% | Kolkata, West Bengal, India | |||
| Achal Commercial Private Limited | ₹26.81 Lakh (FY 2020) | 25.0% | Kolkata, West Bengal, India | |||
| Yt Realty Private Limited | ₹26.81 Lakh (FY 2024) | 9.0% | Mumbai, Maharashtra, India | |||
| Shri Gurudev En-Trade Ltd | ₹26.8 Lakh (FY 2025) | 375.0% | Mumbai, Maharashtra, India | |||
| Devang Estate and Finance Co Pvt Ltdthis company | ₹26.8 Lakh (FY 2025) | ₹18.86 Lakh | 70.4% | -8.0% | Mumbai, Maharashtra, India | |
| Mahtab Investments and Finance Pvt Ltd | ₹26.78 Lakh (FY 2025) | -30.0% | Mumbai, Maharashtra, India | |||
| Treedha Finance Private Limited | ₹26.78 Lakh (FY 2025) | Sonarpur, West Bengal, India | ||||
| Pra Capital Services Private Limited. | ₹26.78 Lakh (FY 2024) | 7.0% | Ludhiana, Punjab, India | |||
| Reliable Due Diligence Private Limited | ₹26.77 Lakh (FY 2025) | 8.0% | Hisar, Haryana, India | |||
| Sullurpet Nidhi Limited | ₹26.77 Lakh (FY 2025) | -84.0% | Sullurpeta, Andhra Pradesh, India |
To see the full peer comparison of Devang Estate and Finance Co Pvt Ltd, buy the company report.
Auditor
Devang Estate and Finance Co Pvt Ltd is audited by SHAPARIA MEHTA & ASSOCIATES LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAPARIA MEHTA & ASSOCIATES LLP | FY 2020 | 112350W |
Shareholding
The shareholding of Devang Estate and Finance Co Pvt Ltd is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Devang Estate and Finance Co Pvt Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Devang Estate and Finance Co Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Devang Estate and Finance Co Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Devang Estate and Finance Co Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Devang Estate and Finance Co Pvt Ltd has 9 board changes on record since 2012: 2 appointments and 7 cessations. The latest: Shantilal Misrimal Jain ceased to be Director on 04 Feb 2013.
Frequently asked questions
Devang Estate and Finance Co is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 28 June 1982 (44+ years old) and is registered under CIN U45200MH1982PTC027649.
Devang Estate and Finance Co has 2 current directors:
- Gaurav Bipin Mathrawala - Director
- Bipin Hirjibhai Mathrawala - Director
The latest financial statements of Devang Estate and Finance Co on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Devang Estate and Finance Co is U45200MH1982PTC027649. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devang Estate and Finance Co was incorporated on 28 June 1982, making it 44+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Devang Estate and Finance Co by revenue are Shree Radha Rani Finance and Investments Private Limited, Winston Finvest Pvt. Ltd, Achal Commercial Private Limited, Yt Realty Private Limited, Shri Gurudev En-Trade Ltd and 5 more, all in the BFSI industry (Finance, Other Financial Services).
Shantilal Misrimal Jain ceased to be Director on 04 Feb 2013. Siddharth Shantilal Jain ceased to be Director on 04 Feb 2013. Bhavridevi Shantilal Jain ceased to be Director on 20 Nov 2012. Devang Estate and Finance Co has 9 board changes on record in total.
The registered office of Devang Estate and Finance Co is at B – 92 Mittal Tower Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021.
Devang Estate and Finance Co operates in the financial services industry, in the diversified financial services segment.
The compliance status of Devang Estate and Finance Co is compliant as of 06 September 2026. The company is actively filing with the Registrar of Companies.
Devang Estate and Finance Co can be reached at its registered office: B – 92 Mittal Tower Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
