Devendra Kirti Pharmachem Pvt. Ltd.

Devendra Kirti Pharmachem Pvt. Ltd. - pharma in Palghar, Maharashtra, India. FY 2026 financials & compliance.
CIN U99999MH1986PTC040395 Incorporated 14 July 1986 ROC Mumbai HQ Palghar, Maharashtra, India
Active Private Limited Company pharma MSME · Micro
Data last updated
Revenue · FY 2024
₹3.27 Cr
▼ 31% YoY
Net profit · FY 2024
₹1.17 Lakh
Net margin 0.4%
EBITDA · FY 2024
₹52.89 Lakh
EBITDA margin 16.2%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹3.9 Lakh
Issued & subscribed
Open charges
₹3.99 Cr
Satisfied ₹5.22 Cr
Company age
40 yrs
Est. 1986
Employees · EPFO
14
Provident fund records

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

CIN U99999MH1986PTC040395
Registration Number 040395
Incorporation Date 14 July 1986
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-17-0025117

Recognitions & Rankings of Devendra Kirti Pharmachem

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-17-0025117

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
  • Registered Address
    N – 45 M.I.D.C. Tarapur Industrial Area Boisar West, Palghar, Maharashtra, India – 401506
  • Industry
    Pharma, Drug Formulation & Development

To see the full contact details of Devendra Kirti Pharmachem Pvt. Ltd., buy the company report.

Comprehensive company report
Devendra Kirti Pharmachem Pvt. Ltd. - 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
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Brands

Devendra Kirti Pharmachem operates one associated brand: Devendrakirtipharma. Each brand links to its own profile.

BrandDescriptionWebsite
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 codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing21Manufacture 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 available

Devendra Kirti Pharmachem Pvt. Ltd. reported revenue of ₹3.27 Cr (down 31% YoY) for FY 2024.

Revenue · FY 2024
₹3.27 Cr ▼ 31%
Net profit · FY 2024
₹1.17 Lakh margin 0.4%
EBITDA · FY 2024
₹52.89 Lakh margin 16.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 31%
3 years · compounded
▼ 9%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▲ 374%
3 years · compounded
▲ 54%
5 years · compounded
▲ 39%

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

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₹52.89 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.17 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 Margin16.2%
Net Profit Margin0.4%
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 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Kushal Jagdhar VelaskarDirector16 Dec 20169 Years 10 MonthsCurrent
Abhay Yashwant ChaudhariDirector18 Mar 201115 Years 7 MonthsCurrent

Auditor

Devendra Kirti Pharmachem Pvt. Ltd. is audited by K L CHURI & CO for the financial year 2021.

Auditor firmFinancial yearFirm registration number
K L CHURI & COFY 2021101948W

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 categoryFY 2021FY 2020FY 2019FY 2018FY 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

Open charges
₹3.99 Cr
Satisfied charges
₹5.22 Cr
Breakdown by lending institutions
Others₹3.53 Cr
The Union Bank of India Ltd.₹0.32 Cr
The Maharashtra State Financial Corporation₹0.09 Cr
U.P. Financial Corporation Ltd.₹0.05 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Nov 2025101196813Others₹32 LakhOpen
31 May 2025101103982Others₹50,000Open
14 Feb 2025101058793Others₹50,000Open
28 Dec 2017100151027Others₹1.7 CrOpen
27 Oct 201510605777Others₹1.5 CrOpen

To see the full charge records of Devendra Kirti Pharmachem Pvt. Ltd., buy the company report.

Total charge records: 17 View all charges

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.

Employee count
14
Active EPFO establishments
1

GST

Devendra Kirti Pharmachem has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AABCD0966E1ZVMaharashtraActive01 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.

Charges
A charge with Others amounted to Rs. 32.00 Lakh with Charge ID 101196813 was registered on 28 Nov 2025.
Charges
A charge with Others amounted to Rs. 0.50 Lakh with Charge ID 101103982 was registered on 31 May 2025.
Charges
A charge with Others amounted to Rs. 0.50 Lakh with Charge ID 101058793 was registered on 14 Feb 2025.
Charges
A charge registered on 07 Mar 2018 via Charge ID 100162365 with Others was fully satisfied on 04 Jan 2025.
Charges
A charge registered on 30 Jun 2017 via Charge ID 100119105 with Others was fully satisfied on 04 Jan 2025.
Charges
A charge registered on 30 Jun 2017 via Charge ID 100119107 with Others was fully satisfied on 04 Jan 2025.
Charges
A charge registered on 18 Jul 2016 via Charge ID 100042644 with Others was fully satisfied on 04 Jan 2025.
Charges
A charge registered on 23 Sep 2015 via Charge ID 10605775 with Bassein Catholic Co-Operative Bank Limited was fully satisfied on 04 Jan 2025.
Charges
A charge registered on 12 Jan 2012 via Charge ID 10333878 with Bassein Catholic Co-Operative Bank Limited was fully satisfied on 04 Jan 2025.
Charges
A charge registered on 20 May 2011 via Charge ID 10286897 with Bassein Catholic Co-Operative Bank Limited was fully satisfied on 04 Jan 2025.
Charges
A charge registered on 02 May 2011 via Charge ID 10286899 with Bassein Catholic Co-Operative Bank Limited was fully satisfied on 04 Jan 2025.
Charges
A charge registered on 25 Mar 2011 via Charge ID 10277085 with The Bassein Catholic Co-Operative Bank Limited was fully satisfied on 04 Jan 2025.

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:

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.