Devesh Engineering Enterprises Private Limited
About Devesh Engineering Enterprises Private Limited
Data last updated:
Devesh Engineering Enterprises Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been dissolved under section 54 as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 29 December 1999.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U21011TG1999PTC033171. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹4.25 Cr and a paid-up capital of ₹4.2 Cr. It was led by directors Reddyreddy Srinivas Reddy and Lakshman Mukka.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Plot No. 48 1st Floor Nagarjuna Hills Punjagutta, Hyderabad, Telangana, India – 500082.
As per the financials filed for FY 2020, the company reported a revenue of ₹301.3 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹42.38 Lakh (net margin -0.1%) and EBITDA of -₹41.1 Lakh (EBITDA margin -0.1%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 29% over five years.
As per MCA filings, the company had open charges of ₹2 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Company details
CIN history
Devesh Engineering Enterprises has one previous CIN (Corporate Identification Number): U21011AP1999PTC033171. The current CIN is U21011TG1999PTC033171, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U21011TG1999PTC033171 | Current |
| U21011AP1999PTC033171 | Previous |
Contact details
Devesh Engineering Enterprises Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 48 1st Floor Nagarjuna Hills Punjagutta, Hyderabad, Telangana, India – 500082
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Devesh Engineering Enterprises Private Limited, 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
Business activity
The main business activity of Devesh Engineering Enterprises is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Devesh Engineering Enterprises Private Limited, buy the company report.
Financials of Devesh Engineering Enterprises Private Limited
FY 2020 filings availableDevesh Engineering Enterprises Private Limited reported revenue of ₹301.3 Cr (down 24% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 29% over five years, including a 24% fall in the latest year. EBITDA fell 56% 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹301.3 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹41.1 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹42.38 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.1% | ||||
| Net Profit Margin | -0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Devesh Engineering Enterprises Private Limited, buy the company report.
Board of directors of Devesh Engineering Enterprises Private Limited
Devesh Engineering Enterprises has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Reddyreddy Srinivas Reddy | Additional Director | 12 May 2016 | 10 Years 5 Months | As last reported |
| Lakshman Mukka Also directs: Indus Networks Limited, Pradhan Agri-Infra Services Private Limited, VS Ferrous Enterprises Private Limited and 5 more | Additional Director | 22 Oct 2019 | 7 Years 0 Months | As last reported |
Peer comparison
Devesh Engineering Enterprises Private Limited is compared with the 7 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Krimeesha Steels Private Limited | ₹304.77 Cr (FY 2025) | 15.0% | Vavdi, Rajkot, Gujarat, India | |||
| Pasa Associates Private Limited | ₹302.91 Cr (FY 2025) | -6.0% | Ranchi, Jharkhand, India | |||
| Mahawar Iron Stores Pvt Ltd | ₹302.88 Cr (FY 2025) | -4.0% | New Delhi, Delhi, India | |||
| Chinar Steel Segment Centre Private Limited | ₹302.85 Cr (FY 2025) | -50.0% | Kolkata, West Bengal, India | |||
| Devesh Engineering Enterprises Private Limitedthis company | ₹301.3 Cr (FY 2020) | -₹42.38 Lakh | -0.1% | -24.0% | Hyderabad, Telangana, India | |
| Kamini Metalliks Private Limited | ₹300.83 Cr (FY 2025) | 53.0% | Hyderabad, Telangana, India | |||
| Tycoon Suppliers Private Limited | ₹299.17 Cr (FY 2023) | 33.0% | Chanditala, West Bengal, India | |||
| Virtue Marketing Private Limited | ₹298.46 Cr (FY 2016) | 66.0% | Secunderabad, Telangana, India |
To see the full peer comparison of Devesh Engineering Enterprises Private Limited, buy the company report.
Shareholding
The shareholding of Devesh Engineering Enterprises Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Devesh Engineering Enterprises Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jun 2005 | 90127040 | Allahabad Bank | ₹2 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Devesh Engineering Enterprises Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Hyderabad | Insolvency matter | Filed against the company by Tejaswini Engineering Private Limited | Disposed |
To see the full case history of Devesh Engineering Enterprises Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Devesh Engineering Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Devesh Engineering Enterprises has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Devesh Engineering Enterprises Private Limited, buy the company report.
Recent activity
Devesh Engineering Enterprises Private Limited has 5 board changes on record since 2009: 2 appointments and 3 cessations. The latest: Lakshman Mukka was appointed as Additional Director on 22 Oct 2019.
Frequently asked questions
Devesh Engineering Enterprises has been "Dissolved Under Section 54" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Devesh Engineering Enterprises was a private limited company based in Hyderabad, Telangana, India. The company worked in metal retail and distribution, within the metals and minerals industry. It was incorporated on 29 December 1999 and is registered under CIN U21011TG1999PTC033171. The company is recorded as dissolved under section 54 in MCA records and no longer exists as a legal entity.
Devesh Engineering Enterprises was incorporated on 29 December 1999. It is registered with the Registrar of Companies, Hyderabad.
Devesh Engineering Enterprises had 2 directors:
- Reddyreddy Srinivas Reddy - Additional Director
- Lakshman Mukka - Additional Director
The CIN (Corporate Identification Number) of Devesh Engineering Enterprises is U21011TG1999PTC033171. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Devesh Engineering Enterprises is at Plot No. 48 1st Floor Nagarjuna Hills Punjagutta, Hyderabad, Telangana, India – 500082.
The latest financial statements of Devesh Engineering Enterprises on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Devesh Engineering Enterprises has 1 GST registration on record and it is cancelled or inactive.
Devesh Engineering Enterprises operated in the metals and minerals industry, in the metal retail and distribution segment.
The peers of Devesh Engineering Enterprises by revenue are Krimeesha Steels Private Limited, Pasa Associates Private Limited, Mahawar Iron Stores Pvt Ltd, Chinar Steel Segment Centre Private Limited, Kamini Metalliks Private Limited and 2 more, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Devesh Engineering Enterprises has 1 court case on record: 1 filed against it.