MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-23-0063032
Devank Milk and Milk Products Private Limited
Devank Milk and Milk Products Private Limited - food and beverages in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹15.39 Cr
▲ 7% YoY
Net loss · FY 2025
₹62.23 Lakh
Net margin -4%
EBITDA · FY 2025
₹15.01 Lakh
EBITDA margin 1%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.41 Cr
Issued & subscribed
Open charges
₹3.95 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
About Devank Milk and Milk Products Private Limited
Data last updated:
Devank Milk and Milk Products Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the dairy products and milk processing segment of the food and beverages sector. It was incorporated on 12 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U74999MP2017PTC043510. Its GSTIN is 23AAGCD2160D1ZA (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.41 Cr. It is led by directors including Mahesh Kumar Sharma and Rahul Sharma.
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 86 Sachchidanand Nagar, Indore, Madhya Pradesh, India – 452009.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.39 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹62.23 Lakh (net margin -4%) and EBITDA of ₹15.01 Lakh (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 97% over five years.
As per MCA filings, the company has open charges of ₹3.95 Cr on record.
Devank Milk and Milk Products Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0063032). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74999MP2017PTC043510
Registration Number 043510
Incorporation Date 12 June 2017
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MP-23-0063032
Recognitions & Rankings of Devank Milk and Milk Products
Contact details
Devank Milk and Milk Products Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address86 Sachchidanand Nagar, Indore, Madhya Pradesh, India – 452009
- IndustryFood and Beverages, Dairy Products & Milk Processing
To see the full contact details of Devank Milk and Milk Products Private Limited, buy the company report.
Comprehensive company report
Devank Milk and Milk Products Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Devank Milk and Milk Products is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Devank Milk and Milk Products Private Limited, buy the company report.
Financials of Devank Milk and Milk Products Private Limited
FY 2025 filings availableDevank Milk and Milk Products Private Limited reported revenue of ₹15.39 Cr (up 7% YoY) for FY 2025.
Revenue · FY 2025
₹15.39 Cr ▲ 7%
Net loss · FY 2025
₹62.23 Lakh margin -4%
EBITDA · FY 2025
₹15.01 Lakh margin 1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 5%
5 years · compounded
▲ 97%
EBITDA CAGR growth
1 year
▼ 62%
3 years · compounded
▼ 29%
5 years · compounded
▲ 26%
Revenue has grown at a compounded annual rate (CAGR) of 97% over five years, including 7% growth in the latest year. EBITDA fell 62% 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 | ₹15.01 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹62.23 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 | 1% | ||||
| Net Profit Margin | -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 Devank Milk and Milk Products Private Limited, buy the company report.
Board of directors of Devank Milk and Milk Products Private Limited
Devank Milk and Milk Products has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neetu Sharma | Additional Director | 04 Nov 2022 | 4 Years 0 Months | Current |
| Mahesh Kumar Sharma | Director | 12 Jun 2017 | 9 Years 4 Months | Current |
| Rahul Sharma | Director | 12 Jun 2017 | 9 Years 4 Months | Current |
Auditor
Devank Milk and Milk Products Private Limited is audited by DASSANI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DASSANI & ASSOCIATES | FY 2023 | 009096C |
Shareholding
The shareholding of Devank Milk and Milk Products Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Devank Milk and Milk Products Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.95 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Aug 2023 | 100788907 | Axis Bank Limited | ₹17.1 Lakh | Open | |
| 03 Sep 2022 | 100616767 | Others | ₹1.58 Cr | Open | |
| 20 Nov 2017 | 100143865 | State Bank of India | ₹2.2 Cr | Open |
To see the full charge records of Devank Milk and Milk Products Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Devank Milk and Milk Products Private Limited 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 Devank Milk and Milk Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Devank Milk and Milk Products has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAGCD2160D1ZA | Madhya Pradesh | Active | 28 Aug 2017 |
To see the full GST registrations and return filing status of Devank Milk and Milk Products Private Limited, buy the company report.
Recent activity
Devank Milk and Milk Products Private Limited has 5 board changes on record since 2017: 3 appointments and 2 cessations. The latest: Neetu Sharma was appointed as Additional Director on 04 Nov 2022.
AGM
Devank Milk And Milk Products Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Devank Milk And Milk Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge with Others of Rs. 1.58 Cr registered on 03 Sep 2022 with Charge ID 100616767 was modified on 24 Nov 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.17 Cr with Charge ID 100788907 was registered on 11 Aug 2023.
Appointed
Neetu Sharma was appointed as Additional Director.
Charges
A charge with Others amounted to Rs. 1.58 Cr with Charge ID 100616767 was registered on 03 Sep 2022.
Ceased
Govinda Bedia ceased to be Director.
Ceased
Seema Bedia ceased to be Director.
Charges
A charge with State Bank Of India of Rs. 2.20 Cr registered on 20 Nov 2017 with Charge ID 100143865 was modified on 02 Jun 2021.
Charges
A charge with State Bank Of India amounted to Rs. 2.20 Cr with Charge ID 100143865 was registered on 20 Nov 2017.
Appointed
Mahesh Kumar Sharma was appointed as Director.
Appointed
Rahul Sharma was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Devank Milk and Milk Products is an active private limited company based in Indore, Madhya Pradesh, India. The company works in dairy products and milk processing, within the food and beverages industry. It was incorporated on 12 June 2017 (9+ years old) and is registered under CIN U74999MP2017PTC043510.
Devank Milk and Milk Products has 3 current directors:
- Neetu Sharma - Additional Director
- Mahesh Kumar Sharma - Director
- Rahul Sharma - Director
The latest financial statements of Devank Milk and Milk Products 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 FY 2018 are in the company report.
The GSTIN of Devank Milk and Milk Products is 23AAGCD2160D1ZA, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Devank Milk and Milk Products is U74999MP2017PTC043510. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devank Milk and Milk Products was incorporated on 12 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Gwalior.
Neetu Sharma was appointed as Additional Director on 04 Nov 2022. Govinda Bedia ceased to be Director on 17 Aug 2022. Seema Bedia ceased to be Director on 17 Aug 2022. Devank Milk and Milk Products has 5 board changes on record in total.
Yes, Devank Milk and Milk Products is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0063032).
The registered office of Devank Milk and Milk Products is at 86 Sachchidanand Nagar, Indore, Madhya Pradesh, India – 452009.
Devank Milk and Milk Products operates in the food and beverages industry, in the dairy products and milk processing segment.
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.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages