About Devashish Polymers Private Limited
Data last updated:
Devashish Polymers Private Limited is a private limited company based in Dadra & Nagar Haveli, India. It operates in the rubber and products segment of the manufacturing sector. It was incorporated on 08 April 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209DN1996PTC005836. Its GSTIN is 26AAACD2341J1ZY (Dadra and Nagar Haveli and Daman and Diu). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹4.25 Cr and a paid-up capital of ₹3.14 Cr. It is led by directors Charulata Aditya Mody and Aditya Mody.
Its last annual general meeting (AGM) was held on 24 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Survey No. 272/1/3, Demni Road Dadra Valsad, Dadra & Nagar Haveli, India – 396230.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.65 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹1.02 Cr (net margin 2.6%) and EBITDA of ₹4.35 Cr (EBITDA margin 11.3%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 3% over five years.
The company has about 27 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Devashish Polymers. As per MCA filings, the company has satisfied charges of ₹23.61 Cr on record. Court records list 12 cases involving the company, including 11 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 devashishpolymers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSurvey No. 272/1/3, Demni Road Dadra Valsad, Dadra & Nagar Haveli, India – 396230
- IndustryManufacturing, Rubber & Products
- 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 Devashish Polymers Private Limited
The main business activities of Devashish Polymers are manufacturing, trade and professional, scientific and technical. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products, wholesale trading and architecture, engineering activities, technical testing and analysis activities. 3 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
| G | Trade | G1 | Wholesale Trading | Locked |
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | 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 Devashish Polymers Private Limited FY 2024 filings available
Devashish Polymers Private Limited reported revenue of ₹38.65 Cr (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Devashish Polymers Private Limited
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 32% 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 Devashish Polymers 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 | ₹4.35 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.02 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 Devashish Polymers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.6% | •••• | •••• | •••• | •••• |
| 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 Devashish Polymers 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 Devashish Polymers Private Limited
Devashish Polymers Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Polymers, Rubber Based Products). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pololight Industries Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Vako Seals Private Limited | •••• | •••• | •••• | •••• | 47 | Mumbai, Maharashtra, India |
| Mamparambil Rubber Industries P Ltd | •••• | •••• | •••• | •••• | - | Kottayam, Kerala, India |
| Silkee Electronics Private Limited | •••• | •••• | •••• | •••• | - | Bangalore., Karnataka, India |
| Padmanabh Alloys and Polymers Limited Listed | •••• | •••• | •••• | •••• | 27 | Surat, Gujarat, India |
| Devashish Polymers Private Limited this company | •••• | •••• | •••• | •••• | - | Dadra & Nagar Haveli, India |
| Techno Tarp and Polymers Private Limited | •••• | •••• | •••• | •••• | 79 | Mumbai, Maharashtra, India |
| Rhythm Polymers Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Mask Polymers Insulators Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Selzer Polymers Private Limited | •••• | •••• | •••• | •••• | - | Thrissur, Kerala, India |
| Anagha Polymers Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Devashish Polymers by revenue in the Manufacturing industry (Polymers, Rubber Based Products), 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 Devashish Polymers Private Limited
Devashish Polymers Private Limited is audited by M. K. Chotia & Co. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M. K. Chotia & 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 and KMP of Devashish Polymers Private Limited
Devashish Polymers Private Limited currently reports 2 directors and 1 key managerial person. 8 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayank Mody | Ceo | 15 Mar 2025 | 1 Years 6 Months | Current |
| Charulata Aditya Mody | Director | 16 Aug 2013 | 13 Years 1 Months | Current |
| Aditya Mody | Director | 08 Apr 2024 | 2 Years 5 Months | Current |
Ownership and Shareholding of Devashish Polymers 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 Devashish Polymers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Feb 2022 | Others | ₹50 Lakh | Satisfied |
| 07 Feb 2022 | Others | ₹1.1 Cr | Satisfied |
| 29 Dec 2021 | Others | ₹6 Cr | Satisfied |
| 29 Dec 2021 | Others | ₹1.49 Cr | Satisfied |
| 08 Jun 2016 | Others | ₹6.82 Cr | Satisfied |
Total charge records: 10 View all charges
Legal Cases of Devashish Polymers Private Limited
Devashish Polymers Private Limited has 12 court cases on record: 11 filed by Devashish Polymers, 1 filed against it. 1 case is pending and 11 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 1 | 1 |
| High courts | 5 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chengalpattu, Tamil Nadu | Execution petition | Filed by the company against an individual | Pending |
| Bombay High Court | Arbitration matter | Filed by the company against Varchasva Energy Pvt Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against an individual | Disposed |
Full case history
All 12 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.
Associated Brands with Devashish Polymers Private Limited
Devashish Polymers operates one associated brand: Devashish Polymers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Rubber compounding and supply services for industrial sectors. | devashishpolymers.com |
Employees and EPFO Compliance at Devashish Polymers Private Limited
Devashish Polymers Private Limited has a workforce of 27 employees as of Mar 28, 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.
Group Structure of Devashish Polymers Private Limited
Devashish Polymers has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Akm Global Textile Private Limited | U17100MH1999PTC123188 | Locked |
Showing major subsidiaries. Total: 1.
CIN History of Devashish Polymers Private Limited
Devashish Polymers has one previous CIN (Corporate Identification Number): U25209MH1996PTC098680. The current CIN is U25209DN1996PTC005836, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25209DN1996PTC005836 | Current |
| U25209MH1996PTC098680 | Previous |
Recent Activity on Devashish Polymers Private Limited
Devashish Polymers Private Limited has 11 board changes on record since 2009: 3 appointments and 8 cessations. The latest: Mayank Mody was appointed as CEO on 15 Mar 2025.
30 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Devashish Polymers 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 Devashish Polymers 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 Devashish Polymers 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 Devashish Polymers Private Limited
Devashish Polymers has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AAACD2341J1ZY | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
| 27AAACD2341J1ZW | Maharashtra | Active | 01 Jul 2017 |
| 27AAACD2341J2ZV | Maharashtra | Active | 01 May 2023 |
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 Devashish Polymers 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 Devashish Polymers Private Limited
Devashish Polymers is an active private limited company based in Dadra & Nagar Haveli, India. The company works in rubber and products, within the manufacturing industry. It was incorporated on 08 April 1996 (30+ years old) and is registered under CIN U25209DN1996PTC005836.
Devashish Polymers reported revenue of ₹38.65 Cr for FY 2025 (down 13% YoY).
Devashish Polymers has 3 current directors and KMP:
- Charulata Aditya Mody - Director
- Aditya Mody - Director
- Mayank Mody - Ceo
Devashish Polymers reported a net profit of ₹1.02 Cr (net margin 2.6%) and EBITDA of ₹4.35 Cr (EBITDA margin 11.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devashish Polymers is -10% over three years and 3% over five years. In the latest year (FY 2025) revenue fell 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devashish Polymers is 26AAACD2341J1ZY, registered in Dadra and Nagar Haveli and Daman and Diu. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAACD2341J1ZW (Maharashtra), 27AAACD2341J2ZV (Maharashtra).
The CIN (Corporate Identification Number) of Devashish Polymers is U25209DN1996PTC005836. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devashish Polymers has 12 court cases on record: 11 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Devashish Polymers was incorporated on 08 April 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Devashish Polymers by revenue are Pololight Industries Limited, Vako Seals Private Limited, Mamparambil Rubber Industries P Ltd, Silkee Electronics Private Limited, Padmanabh Alloys and Polymers Limited and 5 more, all in the Manufacturing industry (Polymers, Rubber Based Products).
Mayank Mody was appointed as CEO on 15 Mar 2025. Aditya Mody was appointed as Director on 08 Apr 2024. Chandrakant Satyanarayan Mody ceased to be Director on 29 Dec 2021. Devashish Polymers has 11 board changes on record in total.