Deve Rus Advisory Services Private Limited

Deve Rus Advisory Services Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2017PTC300545 Incorporated 09 October 2017 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company business outsourcing Startup India
Data last updated
Revenue · FY 2024
₹21.83 Lakh
▼ 100% YoY
Net profit · FY 2024
₹9.13 Lakh
Net margin 41.8%
EBITDA · FY 2024
₹9.94 Lakh
EBITDA margin 45.5%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Open charges
₹55 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
14
Provident fund records

About Deve Rus Advisory Services Private Limited

Data last updated:

Deve Rus Advisory Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 09 October 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC300545. Its GSTIN is 27AAGCD3819H1ZM (Maharashtra).

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Lakh. It is led by directors Sunita Shashikant Padhya and Deven Shashikant Padhya.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 403 Jade Gardens Wing – C M.G. Road Behind Mig Club Ground Bandra East, Mumbai, Maharashtra, India – 400051.

As per the financials filed for FY 2024, the company reported a revenue of ₹21.83 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net profit of ₹9.13 Lakh (net margin 41.8%) and EBITDA of ₹9.94 Lakh (EBITDA margin 45.5%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years and 41% over five years.

The company has about 14 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹55 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74999MH2017PTC300545
Registration Number 300545
Incorporation Date 09 October 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Key People
Sunita Shashikant Padhya Director Deven Shashikant Padhya Director

Recognitions & Rankings of Deve Rus Advisory Services

Startup India Government of India

Contact details

Deve Rus Advisory Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    403 Jade Gardens Wing – C M.G. Road Behind Mig Club Ground Bandra East, Mumbai, Maharashtra, India – 400051
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Deve Rus Advisory Services Private Limited, buy the company report.

Comprehensive company report
Deve Rus Advisory Services Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Deve Rus Advisory Services is professional, scientific and technical. In detail, this covers management consultancy activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM3Management consultancy activities

To see the full business activity and turnover split of Deve Rus Advisory Services Private Limited, buy the company report.

Financials of Deve Rus Advisory Services Private Limited

FY 2024 filings available

Deve Rus Advisory Services Private Limited reported revenue of ₹21.83 Lakh (down 100% YoY) for FY 2024.

Revenue · FY 2024
₹21.83 Lakh ▼ 100%
Net profit · FY 2024
₹9.13 Lakh margin 41.8%
EBITDA · FY 2024
₹9.94 Lakh margin 45.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 70%
5 years · compounded
▼ 41%
EBITDA CAGR growth
1 year
▼ 99%
3 years · compounded
▲ 27%
5 years · compounded
▼ 24%

Revenue has declined at a compounded annual rate (CAGR) of 41% over five years. EBITDA fell 99% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹9.94 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹9.13 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin45.5%
Net Profit Margin41.8%
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

To see the full financial statements and ratios of Deve Rus Advisory Services Private Limited, buy the company report.

Board of directors of Deve Rus Advisory Services Private Limited

Deve Rus Advisory Services has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Sunita Shashikant Padhya
Also directs: Force Reckon Investment Advisors Private Limited, Forcereckon Capital Services Private Limited, Peenaz & Jahaan Capital Management LLP
Director09 Oct 20179 Years 0 MonthsCurrent
Deven Shashikant Padhya
Also directs: Force Reckon Investment Advisors Private Limited, Forcereckon Capital Services Private Limited, Uneducation Games Private Limited and 2 more
Director09 Oct 20179 Years 0 MonthsCurrent
View all directors

Auditor

Deve Rus Advisory Services Private Limited is audited by PAWAR KIRTANE AND ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
PAWAR KIRTANE AND ASSOCIATESFY 2022140899W

Shareholding

The shareholding of Deve Rus Advisory Services Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Deve Rus Advisory Services Private Limited, buy the company report.

Charges & borrowings

Open charges
₹55 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹35.00 Cr
Indian Bank₹20.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Jan 2025101035792Indian Bank₹20 CrOpen
09 Oct 2024100988075Others₹35 CrOpen

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Deve Rus Advisory Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Deve Rus Advisory Services Private Limited has a workforce of 14 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
14
Active EPFO establishments
1
Employee growth
100%

GST

Deve Rus Advisory Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAGCD3819H1ZMMaharashtraActive01 May 2018

To see the full GST registrations and return filing status of Deve Rus Advisory Services Private Limited, buy the company report.

Recent activity

Deve Rus Advisory Services Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Deven Shashikant Padhya was appointed as Director on 09 Oct 2017.

AGM
Deve Rus Advisory Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Indian Bank amounted to Rs. 20.00 Cr with Charge ID 101035792 was registered on 21 Jan 2025.
Charges
A charge with Others amounted to Rs. 35.00 Cr with Charge ID 100988075 was registered on 09 Oct 2024.
Filing
Deve Rus Advisory Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.
Appointed
Deven Shashikant Padhya was appointed as Director.
Appointed
Sunita Shashikant Padhya was appointed as Director.
Incorporation
09 Oct 2017
Deve Rus Advisory Services Private Limited was registered on 09 Oct 2017 with Roc Mumbai I & aged 9 years 23 days as per MCA records.

Frequently asked questions

Deve Rus Advisory Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 09 October 2017 (9+ years old) and is registered under CIN U74999MH2017PTC300545.

Deve Rus Advisory Services has 2 current directors:

The latest financial statements of Deve Rus Advisory Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Deve Rus Advisory Services is 27AAGCD3819H1ZM, registered in Maharashtra.

The CIN (Corporate Identification Number) of Deve Rus Advisory Services is U74999MH2017PTC300545. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Deve Rus Advisory Services was incorporated on 09 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.

Deven Shashikant Padhya was appointed as Director on 09 Oct 2017. Sunita Shashikant Padhya was appointed as Director on 09 Oct 2017.

Yes, Deve Rus Advisory Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

The registered office of Deve Rus Advisory Services is at 403 Jade Gardens Wing – C M.G. Road Behind Mig Club Ground Bandra East, Mumbai, Maharashtra, India – 400051.

Deve Rus Advisory Services operates in the business outsourcing industry, in the business and IT consulting segment.