About Devchand Engineers Private Limited
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Devchand Engineers Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 08 October 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27109GJ1996PTC030901. Its GSTIN is 24AABCD0493Q1ZE (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Pradeep Devchandbhai Panchal (Managing Director) and Harshil Pradip Panchal.
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 B/8 Vanita Residency Beside Janki Park Society Althan Canal Road Althan, Surat, Gujarat, India – 395007.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.87 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹93.89 Lakh (net margin 5.6%) and EBITDA of ₹2.59 Cr (EBITDA margin 15.4%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 15% over five years.
As per MCA filings, the company has open charges of ₹5 Cr on record. Court records list 4 cases involving the company, including 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devchandengineers.com.
Company details
Contact details
Devchand Engineers Private Limited's registered office is in Surat, Gujarat. Its website is devchandengineers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB/8 Vanita Residency Beside Janki Park Society Althan Canal Road Althan, Surat, Gujarat, India – 395007
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Devchand Engineers Private Limited, buy the company report.
- 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
Business activity
The main business activities of Devchand Engineers are manufacturing and support service to organizations. In detail, this covers metal and metal products and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Devchand Engineers Private Limited, buy the company report.
Financials of Devchand Engineers Private Limited
FY 2025 filings availableDevchand Engineers Private Limited reported revenue of ₹16.87 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 13% growth in the latest year. EBITDA rose 34% 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 |
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| EBITDA | ₹2.59 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹93.89 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.4% | ||||
| Net Profit Margin | 5.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Devchand Engineers Private Limited, buy the company report.
Board of directors of Devchand Engineers Private Limited
Devchand Engineers has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshil Pradip Panchal | Director | 27 Mar 2015 | 11 Years 6 Months | Current |
| Jugal Pradip Panchal | Director | 20 Apr 2015 | 11 Years 6 Months | Current |
| Hemlata Pradip Panchal | Director | 08 Oct 1996 | 30 Years 0 Months | Current |
| Pradeep Devchandbhai Panchal | Managing Director | 08 Oct 1996 | 30 Years 0 Months | Current |
Peer comparison
Devchand Engineers Private Limited is compared with the 5 companies closest to it by revenue in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SKV Engineering India Private Limited | ₹17.1 Cr (FY 2025) | 9.0% | Chennai, Tamil Nadu, India | |||
| Shine Metaltech Private Limited | ₹17.07 Cr (FY 2024) | 1.0% | Chandigarh, India | |||
| Passiemech Industries Private Limited | ₹17.01 Cr (FY 2024) | 87.0% | Ahmedabad, Gujarat, India | |||
| Devchand Engineers Private Limitedthis company | ₹16.87 Cr (FY 2025) | ₹93.89 Lakh | 5.6% | 13.0% | Surat, Gujarat, India | |
| Prabhat Electrosteel Private Limited | ₹16.85 Cr (FY 2025) | 21.0% | Delhi, India | |||
| Axis Plating Private Limited | ₹16.76 Cr (FY 2024) | 25.0% | Ghaziabad, Uttar Pradesh, India |
To see the full peer comparison of Devchand Engineers Private Limited, buy the company report.
Auditor
Devchand Engineers Private Limited is audited by MITISH S. MODI & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MITISH S. MODI & Co. | FY 2023 | 112467W |
Shareholding
The shareholding of Devchand Engineers 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 Devchand Engineers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Mar 2019 | 100256281 | Hdfc Bank Limited | ₹1 Cr | Open | |
| 07 Feb 2015 | 10547510 | Hdfc Bank Limited | ₹4 Cr | Open |
To see the full charge records of Devchand Engineers Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Devchand Engineers Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (CR EN) | Filed against the company by Shri S. S. Shah, Government Labour Officer and Bonus Payment Inspector, Surat | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Shri S. S. Shah, Government Labour Officer and Bonus Payment Inspector, Surat | Disposed |
| District court, SURAT, Gujarat | Court case (RECO33C2 LC) | Filed against the company by an individual | Disposed |
| District court, SURAT, Gujarat | Court case (PWAPP-LC) | Filed against the company by an individual | Disposed |
To see the full case history of Devchand Engineers Private Limited, buy the company report.
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
Devchand Engineers Private Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 144 overdue payments to 28 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 (5 of 28)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Liftech Cranes and Components Private Limited | |||
| Essel Weld Enterprise | |||
| Sai Shraddha Electricals | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Devchand Engineers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Devchand Engineers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCD0493Q1ZE | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Devchand Engineers Private Limited, buy the company report.
Recent activity
Devchand Engineers Private Limited has 6 board changes on record since 1996: 4 appointments and 2 cessations. The latest: Harshil Pradip Panchal ceased to be Additional Director on 30 Sep 2015.
1 earlier event is in the company report.
Frequently asked questions
Devchand Engineers is an active private limited company based in Surat, Gujarat, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 08 October 1996 (30+ years old) and is registered under CIN U27109GJ1996PTC030901.
Devchand Engineers has 4 current directors:
- Pradeep Devchandbhai Panchal - Managing Director
- Harshil Pradip Panchal - Director
- Jugal Pradip Panchal - Director
- Hemlata Pradip Panchal - Director
The latest financial statements of Devchand Engineers 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 2015 are in the company report.
The GSTIN of Devchand Engineers is 24AABCD0493Q1ZE, registered in Gujarat.
The CIN (Corporate Identification Number) of Devchand Engineers is U27109GJ1996PTC030901. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devchand Engineers has 4 court cases on record: 4 filed against it.
Devchand Engineers was incorporated on 08 October 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Devchand Engineers by revenue are SKV Engineering India Private Limited, Shine Metaltech Private Limited, Passiemech Industries Private Limited, Prabhat Electrosteel Private Limited, Axis Plating Private Limited, all in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products).
Harshil Pradip Panchal ceased to be Additional Director on 30 Sep 2015. Jugal Pradip Panchal ceased to be Additional Director on 30 Sep 2015. Jugal Pradip Panchal was appointed as Director on 20 Apr 2015. Devchand Engineers has 6 board changes on record in total.
Devchand Engineers has 12 MSME Form 1 returns on record between 2019 and 2024, listing 144 overdue payments to 28 micro and small suppliers. The latest return was filed on 25 Apr 2024.
Devchand Engineers can be reached through the website devchandengineers.com. Its registered office is in Surat, Gujarat, India.
The registered office of Devchand Engineers is at B8 Vanita Residency Beside Janki Park Society Althan Canal Road Althan, Surat, Gujarat, India – 395007.