Devarshi Engineering Private Limited
About Devarshi Engineering Private Limited
Data last updated:
Devarshi Engineering Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the power epc segment of the energy and power sector. It was incorporated on 18 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45309GJ2020PTC115594. Its GSTIN is 24AAHCD9164A1ZV (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mahesh Satishbhai Patel (Managing Director) and Nehaben Maheshkumar Patel.
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 37 Radhe Greenz Bunglows B/H Radhe Shopping Kudasan Gandhinagar 382421, Ahmedabad, Gujarat, India – 382421.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.91 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹20.12 Lakh (net margin 1.6%) and EBITDA of ₹24.39 Lakh (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 286% over three years.
The company has about 6 employees on its provident fund (EPFO) records.
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- Registered Address37 Radhe Greenz Bunglows B/H Radhe Shopping Kudasan Gandhinagar 382421, Ahmedabad, Gujarat, India – 382421
- IndustryEnergy and Power, Power EPC, BoP & BTG 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 Devarshi Engineering Private Limited
The main business activity of Devarshi Engineering is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | 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 Devarshi Engineering Private Limited FY 2025 filings available
Devarshi Engineering Private Limited reported revenue of ₹12.91 Cr (up 4249% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Devarshi Engineering Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 286% over three years. 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 Devarshi Engineering 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 | ₹24.39 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹20.12 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 Devarshi Engineering Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.6% | •••• | •••• | •••• | •••• |
| 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 Devarshi Engineering are in the company report.
Financial statements from FY 2021
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 Devarshi Engineering Private Limited
Devarshi Engineering Private Limited is compared with the companies closest to it by revenue in the Power industry (EPC, BoP and BTG). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| N. S. Infra Private Limited | •••• | •••• | •••• | •••• | - | Agra, Uttar Pradesh, India |
| Chemin Controls and Instrumentation Private Limited | •••• | •••• | •••• | •••• | - | 605009., Pondicherry, India |
| Sarkar Power Engineering Private Limited | •••• | •••• | •••• | •••• | 47 | Kolkata, West Bengal, India |
| Ambuja Construction Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Sarc Projects Private Limited | •••• | •••• | •••• | •••• | - | Gurugram, Haryana, India |
| Devarshi Engineering Private Limited this company | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| SSR Green Tech Energy Private Limited | •••• | •••• | •••• | •••• | - | Nuapada, Orissa, India |
| Balaji Powertronics Private Limited | •••• | •••• | •••• | •••• | - | Hosapete, Karnataka, India |
| Oxone Infratech Private Limited | •••• | •••• | •••• | •••• | - | Durg, Chattisgarh, India |
| D. D. Project Services Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Ecomitram Sustainable Solutions Private Limited | •••• | •••• | •••• | •••• | 12 | Bijainagar, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Devarshi Engineering by revenue in the Power industry (EPC, BoP and BTG), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Devarshi Engineering Private Limited
Devarshi Engineering Private Limited is audited by Sameer Ghanchi & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Sameer Ghanchi & Associates | 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 Devarshi Engineering Private Limited
Devarshi Engineering has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Satishbhai Patel | Managing Director | 18 Aug 2020 | 6 Years 1 Months | Current |
| Nehaben Maheshkumar Patel | Director | 18 Aug 2020 | 6 Years 1 Months | Current |
Ownership and Shareholding of Devarshi Engineering 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 Devarshi Engineering Private Limited
Devarshi Engineering Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Devarshi Engineering Private Limited
Devarshi Engineering Private Limited has a workforce of 6 employees as of Apr 07, 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 Devarshi Engineering Private Limited
Devarshi Engineering Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Mahesh Satishbhai Patel was appointed as Managing Director on 18 Aug 2020.
Credit Ratings, Litigation & Regulatory Alerts for Devarshi Engineering 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 Devarshi Engineering 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 Devarshi Engineering 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 Devarshi Engineering Private Limited
Devarshi Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCD9164A1ZV | Gujarat | Active | 10 Sep 2020 |
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 Devarshi Engineering 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 Devarshi Engineering Private Limited
Devarshi Engineering is an active private limited company based in Ahmedabad, Gujarat, India. The company works in power epc, within the energy and power industry. It was incorporated on 18 August 2020 (6+ years old) and is registered under CIN U45309GJ2020PTC115594.
Devarshi Engineering reported revenue of ₹12.91 Cr for FY 2025 (up 4249% YoY).
Devarshi Engineering has 2 current directors:
- Mahesh Satishbhai Patel - Managing Director
- Nehaben Maheshkumar Patel - Director
Devarshi Engineering reported a net profit of ₹20.12 Lakh (net margin 1.6%) and EBITDA of ₹24.39 Lakh (EBITDA margin 1.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devarshi Engineering is 286% over three years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devarshi Engineering is 24AAHCD9164A1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Devarshi Engineering is U45309GJ2020PTC115594. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devarshi Engineering was incorporated on 18 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Devarshi Engineering by revenue are N. S. Infra Private Limited, Chemin Controls and Instrumentation Private Limited, Sarkar Power Engineering Private Limited, Ambuja Construction Private Limited, Sarc Projects Private Limited and 5 more, all in the Power industry (EPC, BoP and BTG).
Mahesh Satishbhai Patel was appointed as Managing Director on 18 Aug 2020. Nehaben Maheshkumar Patel was appointed as Director on 18 Aug 2020.
The registered office of Devarshi Engineering is at 37 Radhe Greenz Bunglows BH Radhe Shopping Kudasan Gandhinagar 382421, Ahmedabad, Gujarat, India – 382421.