- Category
- Micro (2024-25)
- Udyam number
- UDYAM-HR-14-0015602

About Devankit Power Systems Private Limited
Data last updated:
Devankit Power Systems Private Limited is a private limited company based in Panipat, Haryana, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 30 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900HR2015PTC055295. Its GSTIN is 06AAFCD3421Q2ZH (Haryana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Yogesh Sharma and Ekta 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 Village Badda Maharana, Panipat, Haryana, India – 132103.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.28 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹3.07 Lakh (net margin 0.9%) and EBITDA of ₹12.45 Lakh (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Devankit Power. As per MCA filings, the company has open charges of ₹46 Lakh on record.
Devankit Power Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-14-0015602). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devankitpower.com.
Recognitions & Rankings of Devankit Power Systems
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressVillage Badda Maharana, Panipat, Haryana, India – 132103
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
- 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
Associated Brands with Devankit Power Systems Private Limited
Devankit Power Systems operates one associated brand: Devankit Power. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Sales and servicing of power generators and engines are conducted by Devankit Power in India. | devankitpower.com |
Business Activity of Devankit Power Systems Private Limited
The main business activity of Devankit Power Systems is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Devankit Power Systems Private Limited FY 2025 filings available
Devankit Power Systems Private Limited reported revenue of ₹3.28 Cr (up 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Devankit Power Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 30% growth in the latest year. EBITDA rose 131% 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 Devankit Power Systems 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 | ₹12.45 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.07 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 Devankit Power Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| 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 Devankit Power Systems are in the company report.
Financial statements from FY 2016
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.
Board of Directors of Devankit Power Systems Private Limited
Devankit Power Systems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yogesh Sharma | Director | 30 Apr 2015 | 11 Years 5 Months | Current |
| Ekta Sharma | Director | 24 Dec 2024 | 1 Years 9 Months | Current |
Peer Comparison of Devankit Power Systems Private Limited
Devankit Power Systems Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Asaepc Private Limited | ₹3.33 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Bhopal, Madhya Pradesh, India |
| Biac and Vistar (JV) Infra India Private Limited | ₹3.32 Cr (FY 2025) | •••• | •••• | -33.0% | •••• | Hyderabad, Telangana, India |
| Thomson Gentech Controls Private Limited | ₹3.32 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Mayur Vihar Ph Iii, Delhi, India |
| Compressor Refrigeration Private Limited | ₹3.31 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Delhi, India |
| Wateria Technovation Private Limited | ₹3.31 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Panjim, Goa, India |
| Devankit Power Systems Private Limited this company | ₹3.28 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Panipat, Haryana, India |
| Integrated Reliability Services Private Limited | ₹3.28 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Sanjeeva Reddy Nagar, Telangana, India |
| Rapidsense Safety Technology Private Limited | ₹3.28 Cr (FY 2025) | •••• | •••• | 173.0% | •••• | Hyderabad, Telangana, India |
| Paras Tech Private Limited | ₹3.27 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Delhi, India |
| Hanuman Machineries Private Limited | ₹3.27 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Siliguri, West Bengal, India |
| Mirto Technology Private Limited | ₹3.26 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Devankit Power Systems by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution), 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 Devankit Power Systems Private Limited
Devankit Power Systems Private Limited is audited by VINOD JAGDISH RAI & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VINOD JAGDISH RAI & 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.
Ownership and Shareholding of Devankit Power 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 Devankit Power Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Dec 2021 | Others | ₹23 Lakh | Open |
| 10 Dec 2021 | Others | ₹23 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Devankit Power Systems Private Limited
Devankit Power Systems Private Limited has a workforce of 8 employees as of Mar 22, 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 Devankit Power Systems Private Limited
Devankit Power Systems Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Vinod Singh ceased to be Director on 25 Dec 2024.
Credit Ratings, Litigation & Regulatory Alerts for Devankit Power 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 Devankit Power 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 Devankit Power 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 Devankit Power Systems Private Limited
Devankit Power Systems has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAFCD3421Q2ZH | Haryana | 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 Devankit Power 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 Devankit Power Systems Private Limited
Devankit Power Systems is an active private limited company based in Panipat, Haryana, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 30 April 2015 (11+ years old) and is registered under CIN U74900HR2015PTC055295.
Devankit Power Systems reported revenue of ₹3.28 Cr for FY 2025 (up 30% YoY).
Devankit Power Systems has 2 current directors:
- Yogesh Sharma - Director
- Ekta Sharma - Director
Devankit Power Systems reported a net profit of ₹3.07 Lakh (net margin 0.9%) and EBITDA of ₹12.45 Lakh (EBITDA margin 3.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devankit Power Systems is 2% over three years and 1% over five years. In the latest year (FY 2025) revenue rose 30%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devankit Power Systems is 06AAFCD3421Q2ZH, registered in Haryana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Devankit Power Systems is U74900HR2015PTC055295. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devankit Power Systems was incorporated on 30 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Devankit Power Systems by revenue are Asaepc Private Limited, Biac and Vistar (JV) Infra India Private Limited, Thomson Gentech Controls Private Limited, Compressor Refrigeration Private Limited, Wateria Technovation Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Retail and Distribution).
Vinod Singh ceased to be Director on 25 Dec 2024. Ekta Sharma was appointed as Director on 24 Dec 2024. Yogesh Sharma was appointed as Director on 30 Apr 2015.
Yes, Devankit Power Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-HR-14-0015602).