About Devanshi Electronics Private Limited
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Devanshi Electronics Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 19 February 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U32109MH1990PTC055500. Its GSTIN is 27AAACD4035F1Z2 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.11 Lakh. It is led by directors including Prafull Motilal Jhalani and Sarita Prafull Jhalani.
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 R – 880 Ttc Industrial Area Near Golden Garage Rabale, Navi Mumbai, Maharashtra, India – 400701.
As per the financials filed for FY 2025, the company reported a revenue of ₹68.66 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹4.32 Cr (net margin 6.3%) and EBITDA of ₹7.17 Cr (EBITDA margin 10.4%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 27% over five years.
The company is associated with 1 brand: Devanshi Electronics. As per MCA filings, the company has satisfied charges of ₹38.58 Lakh on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devanshi.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressR – 880 Ttc Industrial Area Near Golden Garage Rabale, Navi Mumbai, Maharashtra, India – 400701
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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 Devanshi Electronics Private Limited
The main business activity of Devanshi Electronics is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Devanshi Electronics Private Limited FY 2025 filings available
Devanshi Electronics Private Limited reported revenue of ₹68.66 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Devanshi Electronics Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 13% growth in the latest year. EBITDA rose 21% 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 Devanshi Electronics 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 | ₹7.17 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.32 Cr | •••• | •••• | •••• | •••• |
| 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 Devanshi Electronics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.3% | •••• | •••• | •••• | •••• |
| 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 Devanshi Electronics 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 Devanshi Electronics Private Limited
Devanshi Electronics Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Elixir Met Form Private Limited | ₹69.16 Cr (FY 2024) | •••• | •••• | 39.0% | •••• | Hyderabad, Telangana, India |
| Ferricon Equipments India Private Limited | ₹69.01 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| SCS Industrial Product Manufacturing Company Private Limited | ₹68.85 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| Ultimate Alloys Private Limited | ₹68.84 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Coimbatore, Tamil Nadu, India |
| Everest Blower Systems Private Limited | ₹68.77 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Devanshi Electronics Private Limited this company | ₹68.66 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Navi Mumbai, Maharashtra, India |
| Tirupati LPG Industries Private Limited | ₹68.41 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
| Electronica India Limited | ₹68.39 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Kolkata, West Bengal, India |
| Jasmino Corporation Limited | ₹68.38 Cr (FY 2024) | •••• | •••• | 52.0% | •••• | Panvel, Maharashtra, India |
| A S Precision Machines Private Limited | ₹68.35 Cr (FY 2023) | •••• | •••• | 14.0% | •••• | Punjab, India |
| Haosen Automation India Private Limited | ₹68.3 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Mulshi, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Devanshi Electronics by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 Devanshi Electronics Private Limited
Devanshi Electronics Private Limited is audited by Tejas P Parekh & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Tejas P Parekh & 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 Devanshi Electronics Private Limited
Devanshi Electronics has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prafull Motilal Jhalani Also directs: Sant Sundardas Foundation, Kpa Welfare Foundation | Director | 19 Feb 1990 | 36 Years 7 Months | Current |
| Sarita Prafull Jhalani | Director | 01 Apr 1994 | 32 Years 6 Months | Current |
| Rajat Prafull Jhalani | Additional Director | 27 Mar 2021 | 5 Years 6 Months | Current |
Ownership and Shareholding of Devanshi Electronics 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 Devanshi Electronics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 May 1999 | The Saraswat Coop. Bank Ltd. | ₹3 Lakh | Satisfied |
| 12 Jun 1998 | The Saraswat Coop. Bank Ltd. | ₹2.62 Lakh | Satisfied |
| 11 Jun 1998 | The Saraswat Coop. Bank Ltd. | ₹23,415 | Satisfied |
| 10 Dec 1997 | The Saraswat Coop. Bank Ltd. | ₹15 Lakh | Satisfied |
| 17 Feb 1997 | The Saraswat Coop. Bank Ltd. | ₹2 Lakh | Satisfied |
Total charge records: 9 View all charges
Legal Cases of Devanshi Electronics Private Limited
Devanshi Electronics Private Limited has 3 court cases on record: 2 filed by Devanshi Electronics, 1 filed against it. 1 case is pending and 2 are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by Baumuller India Private Limited | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Sound Machines India Inc | Disposed |
| District court, Thane, Maharashtra | Court case (Other Misc.Cri.Appln) | Filed by the company against Sound Machines India Inc | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Devanshi Electronics Private Limited
Devanshi Electronics Private Limited has 3 MSME Form 1 returns on record between 2019 and 2022, listing 7 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Accelon Technologies Private Limited | •••• | •••• | •••• |
| Zeus Controls Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Devanshi Electronics Private Limited
Devanshi Electronics operates one associated brand: Devanshi Electronics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Automation solutions for industrial sectors, including plastics and packaging. | devanshi.com |
Employees and EPFO Compliance at Devanshi Electronics Private Limited
Employment history and EPFO contributions of people linked to Devanshi Electronics.
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 Devanshi Electronics Private Limited
Devanshi Electronics Private Limited has 3 board changes on record since 1990: 3 appointments. The latest: Rajat Prafull Jhalani was appointed as Additional Director on 27 Mar 2021.
15 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Devanshi Electronics 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.
Subsidiaries & Group Companies of Devanshi Electronics 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 Devanshi Electronics Private Limited
Devanshi Electronics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACD4035F1Z2 | Maharashtra | 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 Devanshi Electronics 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 Devanshi Electronics Private Limited
Devanshi Electronics is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 19 February 1990 (36+ years old) and is registered under CIN U32109MH1990PTC055500.
Devanshi Electronics reported revenue of ₹68.66 Cr for FY 2025 (up 13% YoY).
Devanshi Electronics has 3 current directors:
- Prafull Motilal Jhalani - Director
- Sarita Prafull Jhalani - Director
- Rajat Prafull Jhalani - Additional Director
Devanshi Electronics reported a net profit of ₹4.32 Cr (net margin 6.3%) and EBITDA of ₹7.17 Cr (EBITDA margin 10.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devanshi Electronics is 25% over three years and 27% over five years. In the latest year (FY 2025) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devanshi Electronics is 27AAACD4035F1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Devanshi Electronics is U32109MH1990PTC055500. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devanshi Electronics has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending.
Devanshi Electronics was incorporated on 19 February 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Devanshi Electronics by revenue are Elixir Met Form Private Limited, Ferricon Equipments India Private Limited, SCS Industrial Product Manufacturing Company Private Limited, Ultimate Alloys Private Limited, Everest Blower Systems Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Rajat Prafull Jhalani was appointed as Additional Director on 27 Mar 2021. Sarita Prafull Jhalani was appointed as Director on 01 Apr 1994. Prafull Motilal Jhalani was appointed as Director on 19 Feb 1990.
Yes, Devanshi Electronics is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).