Devani Developers Private Limited
About Devani Developers Private Limited
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Devani Developers Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 27 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45309KA2018PTC118859. Its GSTIN is 29AAGCD9657D1ZA (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Varsha Honnaraju and Rohith Kumaraswamy.
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 20 K.V. Jairam Layout Jakkur, Bangalore, Karnataka, India – 560064.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.79 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹49.72 Lakh (net margin 3.6%) and EBITDA of ₹1.26 Cr (EBITDA margin 9.2%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 17% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.08 Cr on record.
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- Registered AddressNo. 20 K.V. Jairam Layout Jakkur, Bangalore, Karnataka, India – 560064
- 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 Devani Developers Private Limited
The main business activity of Devani Developers is construction. In detail, this covers construction of buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | 41 | Construction of 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 Devani Developers Private Limited FY 2025 filings available
Devani Developers Private Limited reported revenue of ₹13.79 Cr (up 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Devani Developers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 36% growth in the latest year. EBITDA rose 10% 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 Devani Developers 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 | ₹1.26 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹49.72 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Devani Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.6% | •••• | •••• | •••• | •••• |
| 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 Devani Developers are in the company report.
Financial statements from FY 2019
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 Devani Developers Private Limited
Devani Developers 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 |
|---|---|---|---|---|---|---|
| Bhadoria Infrastructure Private Limited | ₹13.84 Cr (FY 2025) | •••• | •••• | 103.0% | •••• | Ranchi, Jharkhand, India |
| The Seal Coat Structural Works Private Limited | ₹13.81 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Bhubaneswar, Odisha, India |
| Kariwala Brothers Aquastructure Private Limited | ₹13.8 Cr (FY 2025) | •••• | •••• | -44.0% | •••• | New Delhi, Delhi, India |
| S Dip Constructions Private Limited | ₹13.79 Cr (FY 2024) | •••• | •••• | 54.0% | •••• | Indore, Madhya Pradesh, India |
| Mvomni Shayona Bipl (Rajkot) Private Limited | ₹13.79 Cr (FY 2023) | •••• | •••• | -48.0% | •••• | Ahmedabad, Gujarat, India |
| Devani Developers Private Limited this company | ₹13.79 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Bangalore, Karnataka, India |
| Satya Sharan Infratech Private Limited | ₹13.76 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Hyderabad, Telangana, India |
| CRL Interior and Fit Out Private Limited | ₹13.73 Cr (FY 2024) | •••• | •••• | 168.0% | •••• | Bangalore, Karnataka, India |
| MGR Projectsinfra Private Limited | ₹13.73 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | New Delhi, Delhi, India |
| G B Yadav & Company Pvt Ltd | ₹13.73 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Kharagpur, West Bengal, India |
| Sarvajana Buildtech Private Limited | ₹13.73 Cr (FY 2025) | •••• | •••• | 121.0% | •••• | Jehanabad, Bihar, India |
Peers are the five companies nearest above and the five nearest below Devani Developers 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 Devani Developers Private Limited
Devani Developers Private Limited is audited by Bheemashanker Deshmukh & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Bheemashanker Deshmukh & 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 Devani Developers Private Limited
Devani Developers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varsha Honnaraju | Director | 27 Nov 2018 | 7 Years 10 Months | Current |
| Rohith Kumaraswamy | Director | 27 Nov 2018 | 7 Years 10 Months | Current |
Ownership and Shareholding of Devani Developers 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 Devani Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Aug 2024 | Karnataka Bank Ltd. | ₹22.5 Lakh | Open |
| 11 Aug 2022 | Karnataka Bank Ltd. | ₹65 Lakh | Open |
| 31 Mar 2021 | Karnataka Bank Ltd. | ₹20 Lakh | Open |
| 10 Dec 2020 | Karnataka Bank Ltd. | ₹4 Cr | Open |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Devani Developers Private Limited
Devani Developers Private Limited has a workforce of 5 employees as of Apr 04, 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 Devani Developers Private Limited
Devani Developers Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Rohith Kumaraswamy was appointed as Director on 27 Nov 2018.
Credit Ratings, Litigation & Regulatory Alerts for Devani Developers 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 Devani Developers 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 Devani Developers 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 Devani Developers Private Limited
Devani Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCD9657D1ZA | Karnataka | Active | 07 Dec 2018 |
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 Devani Developers 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 Devani Developers Private Limited
Devani Developers is an active private limited company based in Bangalore, Karnataka, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 27 November 2018 (8+ years old) and is registered under CIN U45309KA2018PTC118859.
Devani Developers reported revenue of ₹13.79 Cr for FY 2025 (up 36% YoY).
Devani Developers has 2 current directors:
- Varsha Honnaraju - Director
- Rohith Kumaraswamy - Director
Devani Developers reported a net profit of ₹49.72 Lakh (net margin 3.6%) and EBITDA of ₹1.26 Cr (EBITDA margin 9.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devani Developers is 13% over three years and 17% over five years. In the latest year (FY 2025) revenue rose 36%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devani Developers is 29AAGCD9657D1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Devani Developers is U45309KA2018PTC118859. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devani Developers was incorporated on 27 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Devani Developers by revenue are Bhadoria Infrastructure Private Limited, The Seal Coat Structural Works Private Limited, Kariwala Brothers Aquastructure Private Limited, S Dip Constructions Private Limited, Mvomni Shayona Bipl (Rajkot) Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Rohith Kumaraswamy was appointed as Director on 27 Nov 2018. Varsha Honnaraju was appointed as Director on 27 Nov 2018.
The registered office of Devani Developers is at No. 20 K.V. Jairam Layout Jakkur, Bangalore, Karnataka, India – 560064.