About Devcon Systems & Projects Pvt.Ltd.
Data last updated:
Devcon Systems & Projects Pvt.Ltd. is a private limited company based in Kolkata, West Bengal, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 14 November 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U31902WB1995PTC075327. Its GSTIN is 19AAACD8680N1ZZ (West Bengal).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹15.96 Lakh. It is led by directors including Sourav Bagchi and Rajib Kumar Bagchi.
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 18 Prince Anwar Shah Road, Kolkata, West Bengal, India – 700033.
As per the financials filed for FY 2024, the company reported a revenue of ₹44.52 Lakh, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹33.06 Lakh (net margin -74.3%) and EBITDA of -₹28.05 Lakh (EBITDA margin -63%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 41% over five years.
As per MCA filings, the company has open charges of ₹99 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devconsystems.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address18 Prince Anwar Shah Road, Kolkata, West Bengal, India – 700033
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
- 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 Devcon Systems & Projects Pvt.Ltd.
The main business activity of Devcon Systems & Projects is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. 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 Devcon Systems & Projects Pvt.Ltd. FY 2025 filings available
Devcon Systems & Projects Pvt.Ltd. reported revenue of ₹44.52 Lakh (down 70% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Devcon Systems & Projects Pvt.Ltd.
Revenue has declined at a compounded annual rate (CAGR) of 41% over five years, including a 70% fall in the latest year. EBITDA rose 59% 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 Devcon Systems & Projects Pvt.Ltd.
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹28.05 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹33.06 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 Devcon Systems & Projects Pvt.Ltd.
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -63% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -74.3% | •••• | •••• | •••• | •••• |
| 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 Devcon Systems & Projects 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 Devcon Systems & Projects Pvt.Ltd.
Devcon Systems & Projects Pvt.Ltd. is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Elegant Creations Private Limited | •••• | •••• | •••• | •••• | 10 | Mumbai, Maharashtra, India |
| Kohinoor Elevators Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Fortune Lift and Escalator Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Shalini Cranes and Equipments Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Khare Process Equipments Private Limited | •••• | •••• | •••• | •••• | - | Miraj, Maharashtra, India |
| Devcon Systems & Projects Pvt.Ltd. this company | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Kelwin Sales Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Elegen Elevators Private Limited | •••• | •••• | •••• | •••• | - | Garhi Harsaru, Haryana, India |
| Kashyap Material Handling Equipment Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Four S Elevator Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Linkman Engineering Company Pvt Ltd | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Devcon Systems & Projects by revenue in the Machinery and Equipment industry (Material Handling Equipment), 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 Devcon Systems & Projects Pvt.Ltd.
Devcon Systems & Projects Pvt.Ltd. is audited by ATINDRAKUMARSARKAR for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ATINDRAKUMARSARKAR | 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 Devcon Systems & Projects Pvt.Ltd.
Devcon Systems & Projects has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sourav Bagchi | Director | 28 Aug 2017 | 9 Years 1 Months | Current |
| Rajib Kumar Bagchi | Director | 14 Nov 1995 | 30 Years 10 Months | Current |
| Dhiman Mitra Also directs: Ecobandhu Biodisposal Management Private Limited | Director | 14 Nov 1995 | 30 Years 10 Months | Current |
| Somak Mitra Also directs: Ecobandhu Biodisposal Management Private Limited | Director | 08 Mar 2018 | 8 Years 6 Months | Current |
Ownership and Shareholding of Devcon Systems & Projects Pvt.Ltd.
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 Devcon Systems & Projects Pvt.Ltd.
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Aug 2013 | State Bank of India | ₹99 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Devcon Systems & Projects Pvt.Ltd.
Employment history and EPFO contributions of people linked to Devcon Systems & Projects.
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 Devcon Systems & Projects Pvt.Ltd.
Devcon Systems & Projects Pvt.Ltd. has 4 board changes on record since 1995: 4 appointments. The latest: Somak Mitra was appointed as Director on 08 Mar 2018.
Credit Ratings, Litigation & Regulatory Alerts for Devcon Systems & Projects Pvt.Ltd.
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 Devcon Systems & Projects Pvt.Ltd.
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 Devcon Systems & Projects Pvt.Ltd.
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 Devcon Systems & Projects Pvt.Ltd.
Devcon Systems & Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACD8680N1ZZ | West Bengal | 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 Devcon Systems & Projects Pvt.Ltd.
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 Devcon Systems & Projects Pvt.Ltd.
Devcon Systems & Projects is an active private limited company based in Kolkata, West Bengal, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 14 November 1995 (31+ years old) and is registered under CIN U31902WB1995PTC075327.
Devcon Systems & Projects reported revenue of ₹44.52 Lakh for FY 2024 (down 70% YoY).
Devcon Systems & Projects has 4 current directors:
- Sourav Bagchi - Director
- Rajib Kumar Bagchi - Director
- Dhiman Mitra - Director
- Somak Mitra - Director
Devcon Systems & Projects reported a net loss of ₹33.06 Lakh (net margin -74.3%) and EBITDA of -₹28.05 Lakh (EBITDA margin -63%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devcon Systems & Projects is -47% over three years and -41% over five years. In the latest year (FY 2024) revenue fell 70%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devcon Systems & Projects is 19AAACD8680N1ZZ, registered in West Bengal.
The CIN (Corporate Identification Number) of Devcon Systems & Projects is U31902WB1995PTC075327. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devcon Systems & Projects was incorporated on 14 November 1995, making it 31+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Devcon Systems & Projects by revenue are Elegant Creations Private Limited, Kohinoor Elevators Private Limited, Fortune Lift and Escalator Private Limited, Shalini Cranes and Equipments Private Limited, Khare Process Equipments Private Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).
Somak Mitra was appointed as Director on 08 Mar 2018. Sourav Bagchi was appointed as Director on 28 Aug 2017. Dhiman Mitra was appointed as Director on 14 Nov 1995. Devcon Systems & Projects has 4 board changes on record in total.
Devcon Systems & Projects can be reached through the website devconsystems.com. Its registered office is in Kolkata, West Bengal, India.