- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-17-0025117

About Devendra Kirti Pharmachem Pvt. Ltd.
Data last updated:
Devendra Kirti Pharmachem Pvt. Ltd. is a private limited company based in Palghar, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 14 July 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1986PTC040395. Its GSTIN is 27AABCD0966E1ZV (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.9 Lakh. It is led by directors Kushal Jagdhar Velaskar and Abhay Yashwant Chaudhari.
Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at N – 45 M.I.D.C. Tarapur Industrial Area Boisar West, Palghar, Maharashtra, India – 401506.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.27 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net profit of ₹1.17 Lakh (net margin 0.4%) and EBITDA of ₹52.89 Lakh (EBITDA margin 16.2%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 7% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Devendrakirtipharma. As per MCA filings, the company has open charges of ₹3.99 Cr and satisfied charges of ₹5.22 Cr on record.
Devendra Kirti Pharmachem Pvt. Ltd. is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0025117). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devendrakirtipharma.com.
Company details
Recognitions & Rankings of Devendra Kirti Pharmachem
Contact details
Devendra Kirti Pharmachem Pvt. Ltd.'s registered office is in Palghar, Maharashtra. Its website is devendrakirtipharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressN – 45 M.I.D.C. Tarapur Industrial Area Boisar West, Palghar, Maharashtra, India – 401506
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Devendra Kirti Pharmachem Pvt. Ltd., 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
Brands
Devendra Kirti Pharmachem operates one associated brand: Devendrakirtipharma. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces citrate, zinc, choline salts, and other pharmaceutical chemicals for global markets. | devendrakirtipharma.com |
Business activity
The main business activity of Devendra Kirti Pharmachem is manufacturing. In detail, this covers manufacture of basic pharmaceutical products and pharmaceutical preparations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 21 | Manufacture of basic pharmaceutical products and pharmaceutical preparations |
To see the full business activity and turnover split of Devendra Kirti Pharmachem Pvt. Ltd., buy the company report.
Financials of Devendra Kirti Pharmachem Pvt. Ltd.
FY 2024 filings availableDevendra Kirti Pharmachem Pvt. Ltd. reported revenue of ₹3.27 Cr (down 31% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 31% fall in the latest year. EBITDA rose 374% 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
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| EBITDA | ₹52.89 Lakh | ||||
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| Net Profit (PAT) | ₹1.17 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 16.2% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Devendra Kirti Pharmachem Pvt. Ltd., buy the company report.
Board of directors of Devendra Kirti Pharmachem Pvt. Ltd.
Devendra Kirti Pharmachem has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kushal Jagdhar Velaskar | Director | 16 Dec 2016 | 9 Years 10 Months | Current |
| Abhay Yashwant Chaudhari Also directs: Sunil Chemicals and Plastics Private Limited | Director | 18 Mar 2011 | 15 Years 7 Months | Current |
Auditor
Devendra Kirti Pharmachem Pvt. Ltd. is audited by K L CHURI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K L CHURI & CO | FY 2021 | 101948W |
Shareholding
The shareholding of Devendra Kirti Pharmachem Pvt. Ltd. is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Devendra Kirti Pharmachem Pvt. Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2025 | 101196813 | Others | ₹32 Lakh | Open | |
| 31 May 2025 | 101103982 | Others | ₹50,000 | Open | |
| 14 Feb 2025 | 101058793 | Others | ₹50,000 | Open | |
| 28 Dec 2017 | 100151027 | Others | ₹1.7 Cr | Open | |
| 27 Oct 2015 | 10605777 | Others | ₹1.5 Cr | Open |
To see the full charge records of Devendra Kirti Pharmachem Pvt. Ltd., buy the company report.
Total charge records: 17 View all charges
Legal cases
No court or tribunal cases involving Devendra Kirti Pharmachem Pvt. Ltd. are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Devendra Kirti Pharmachem Pvt. Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Devendra Kirti Pharmachem Pvt. Ltd. has a workforce of 14 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Devendra Kirti Pharmachem has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCD0966E1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Devendra Kirti Pharmachem Pvt. Ltd., buy the company report.
Recent activity
Devendra Kirti Pharmachem Pvt. Ltd. has 7 board changes on record since 2011: 2 appointments and 5 cessations. The latest: Kushal Jagdhar Velaskar ceased to be Additional Director on 30 Sep 2017.
27 earlier events are in the company report.
Frequently asked questions
Devendra Kirti Pharmachem is an active private limited company based in Palghar, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 14 July 1986 (40+ years old) and is registered under CIN U99999MH1986PTC040395.
Devendra Kirti Pharmachem has 2 current directors:
- Kushal Jagdhar Velaskar - Director
- Abhay Yashwant Chaudhari - Director
The latest financial statements of Devendra Kirti Pharmachem on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Devendra Kirti Pharmachem is 27AABCD0966E1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Devendra Kirti Pharmachem is U99999MH1986PTC040395. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devendra Kirti Pharmachem was incorporated on 14 July 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
Kushal Jagdhar Velaskar ceased to be Additional Director on 30 Sep 2017. Hitesh Mahasukhlal Doshi ceased to be Director on 16 Dec 2016. Kushal Jagdhar Velaskar was appointed as Director on 16 Dec 2016. Devendra Kirti Pharmachem has 7 board changes on record in total.
Yes, Devendra Kirti Pharmachem is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-17-0025117).
Devendra Kirti Pharmachem can be reached through the website devendrakirtipharma.com. Its registered office is in Palghar, Maharashtra, India.
The registered office of Devendra Kirti Pharmachem is at N – 45 M.I.D.C. Tarapur Industrial Area Boisar West, Palghar, Maharashtra, India – 401506.