About Development and Research Services Private Limited
Data last updated:
Development and Research Services Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 24 September 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1997PTC089847. Its GSTIN is 07AAACD6840J1ZM (Delhi).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹15.21 Lakh. It is led by directors Mydhili Rao and Venkata Krishna Vishal Guntupalli.
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 A – 1/19 Ist Floor, Ch. Zandu Singh Marg Safdarjung Enclave, New Delhi, Delhi, India – 110029.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.33 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹6.24 Lakh (net margin 1%) and EBITDA of ₹67.7 Lakh (EBITDA margin 10.7%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 9% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.69 Cr and satisfied charges of ₹8 Cr 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 drsindia.org.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressA – 1/19 Ist Floor, Ch. Zandu Singh Marg Safdarjung Enclave, New Delhi, Delhi, India – 110029
- IndustryTravel and Hospitality, Consumer Professional 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 Development and Research Services Private Limited
The main business activity of Development and Research Services is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy 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 Development and Research Services Private Limited FY 2025 filings available
Development and Research Services Private Limited reported revenue of ₹6.33 Cr (down 37% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Development and Research Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 37% fall in the latest year. EBITDA rose 26% 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 Development and Research Services 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 | ₹67.7 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.24 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 Development and Research Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1% | •••• | •••• | •••• | •••• |
| 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 Development and Research Services 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 Development and Research Services Private Limited
Development and Research Services Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Professional Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gssi Emprise Private Limited | ₹6.34 Cr (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Ebiquity India Private Limited | ₹6.34 Cr (FY 2024) | •••• | •••• | -36.0% | •••• | Mumbai, Maharashtra, India |
| Shree Hari Immigration and Travels Private Limited | ₹6.34 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Ahmedabad, Gujarat, India |
| Rebuscode Information Solutions Private Limited | ₹6.34 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Kolkata, West Bengal, India |
| C Marc (India) Pvt Ltd | ₹6.33 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Kolkata, West Bengal, India |
| Development and Research Services Private Limited this company | ₹6.33 Cr (FY 2025) | •••• | •••• | -37.0% | •••• | New Delhi, Delhi, India |
| Jayshree Moulds and Technologies Private Limited | ₹6.31 Cr (FY 2025) | •••• | •••• | 68.0% | •••• | Thane, Maharashtra, India |
| Mason's Mark Private Limited | ₹6.31 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Indore, Madhya Pradesh, India |
| Ashliya Consultants Private Limited | ₹6.3 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Rohtak, Haryana, India |
| Nemko India Private Limited | ₹6.3 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | New Delhi, Delhi, India |
| Osc Global Processing Private Limited | ₹6.29 Cr (FY 2025) | •••• | •••• | 428.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Development and Research Services by revenue in the Consumer Services industry (Professional Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Development and Research Services Private Limited
Development and Research Services Private Limited is audited by ASHOK BHARTIA & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ASHOK BHARTIA & 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 of Development and Research Services Private Limited
Development and Research Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Krishna Vishal Guntupalli | Additional Director | 13 Jun 2025 | 1 Years 3 Months | Current |
| Mydhili Rao Also directs: Salience Market Pulse Private Limited | Director | 24 Sep 1997 | 29 Years 0 Months | Current |
Ownership and Shareholding of Development and Research Services 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 Development and Research Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Sep 2023 | Others | ₹35 Lakh | Open |
| 30 Sep 2023 | Others | ₹60 Lakh | Open |
| 08 Jun 2020 | Others | ₹34 Lakh | Open |
| 06 Nov 2019 | Others | ₹1.4 Cr | Open |
| 11 Mar 2019 | State Bank of India | ₹7 Cr | Open |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Development and Research Services Private Limited
Development and Research Services Private Limited has a workforce of 22 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.
Recent Activity on Development and Research Services Private Limited
Development and Research Services Private Limited has 4 board changes on record since 1997: 3 appointments and 1 cessation. The latest: Venkata Krishna Vishal Guntupalli was appointed as Additional Director on 13 Jun 2025.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Development and Research Services 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 Development and Research Services 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 Development and Research Services 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 Development and Research Services Private Limited
Development and Research Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACD6840J1ZM | Delhi | 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 Development and Research Services 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 Development and Research Services Private Limited
Development and Research Services is an active private limited company based in New Delhi, Delhi, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 24 September 1997 (29+ years old) and is registered under CIN U74899DL1997PTC089847.
Development and Research Services reported revenue of ₹6.33 Cr for FY 2025 (down 37% YoY).
Development and Research Services has 2 current directors:
- Venkata Krishna Vishal Guntupalli - Additional Director
- Mydhili Rao - Director
Development and Research Services reported a net profit of ₹6.24 Lakh (net margin 1%) and EBITDA of ₹67.7 Lakh (EBITDA margin 10.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Development and Research Services is -8% over three years and -9% over five years. In the latest year (FY 2025) revenue fell 37%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Development and Research Services is 07AAACD6840J1ZM, registered in Delhi.
The CIN (Corporate Identification Number) of Development and Research Services is U74899DL1997PTC089847. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Development and Research Services was incorporated on 24 September 1997, making it 29+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Development and Research Services by revenue are Gssi Emprise Private Limited, Ebiquity India Private Limited, Shree Hari Immigration and Travels Private Limited, Rebuscode Information Solutions Private Limited, C Marc (India) Pvt Ltd and 5 more, all in the Consumer Services industry (Professional Services).
Venkata Krishna Vishal Guntupalli was appointed as Additional Director on 13 Jun 2025. Gunturpalli Venkata Lakshmi Narasimha Rao ceased to be Director on 04 Apr 2018. Pulipakala Lakshmi Narayana was appointed as Director on 01 Apr 1998. Development and Research Services has 4 board changes on record in total.
Development and Research Services can be reached through the website drsindia.org. Its registered office is in New Delhi, Delhi, India.