Devesh Logistics Private Limited
About Devesh Logistics Private Limited
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Devesh Logistics Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 16 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U63030OR2019PTC031683. Its GSTIN is 21AAHCD4292K1ZL (Odisha).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sarat Chandra Tripathy and Bhuban Mohan Das.
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 Plot No:221/3837&222/3838 Nandan Vihar Near Northern Heights Po: Kiit Patia, Bhubaneswar, Odisha, India – 751024.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.83 Lakh, a decline of 73% compared to the previous year. For the same year it recorded a net profit of ₹29,652 (net margin 4.3%) and EBITDA of ₹34,548 (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 134% over three years and 66% over five years.
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- Registered AddressPlot No:221/3837&222/3838 Nandan Vihar Near Northern Heights Po: Kiit Patia, Bhubaneswar, Odisha, India – 751024
- IndustryTransport and Logistics, Integrated & Diversified Logistics 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 Devesh Logistics Private Limited
The main business activity of Devesh Logistics is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Devesh Logistics Private Limited FY 2025 filings available
Devesh Logistics Private Limited reported revenue of ₹6.83 Lakh (down 73% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Devesh Logistics Private Limited
Revenue fell 73% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 66%. 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 of Devesh Logistics 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 | ₹34,548 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹29,652 | •••• | •••• | •••• | •••• |
| 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 Devesh Logistics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.3% | •••• | •••• | •••• | •••• |
| 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 Devesh Logistics are in the company report.
Financial statements from FY 2020
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 Devesh Logistics Private Limited
Devesh Logistics Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Utm Tourism Services Private Limited | ₹6.92 Lakh (FY 2021) | •••• | •••• | 31.0% | •••• | Ahmedabad, Gujarat, India |
| Penlaand Logistics Private Limited | ₹6.9 Lakh (FY 2024) | •••• | •••• | -71.0% | •••• | Delhi, India |
| Modern Freight Consolidator Private Limited | ₹6.89 Lakh (FY 2024) | •••• | •••• | -91.0% | •••• | Kolkata, West Bengal, India |
| Jayshree Transport Pvt Ltd | ₹6.88 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Kolkata, West Bengal, India |
| Jai Malhar Shipping Private Limited | ₹6.85 Lakh (FY 2025) | •••• | •••• | 148.0% | •••• | Thane, Maharashtra, India |
| Devesh Logistics Private Limited this company | ₹6.83 Lakh (FY 2025) | •••• | •••• | -73.0% | •••• | Bhubaneswar, Odisha, India |
| Awadh Commodities Private Limited | ₹6.81 Lakh (FY 2025) | •••• | •••• | -95.0% | •••• | Kankarbagh, Bihar, India |
| Aha Cargo Private Limited | ₹6.77 Lakh (FY 2025) | •••• | •••• | 413.0% | •••• | New Delhi, Delhi, India |
| Saranshi India Private Limited | ₹6.75 Lakh (FY 2020) | •••• | •••• | •••• | Balasore, Odisha, India | |
| Shree Gajanan Logistics Private Limited | ₹6.74 Lakh (FY 2025) | •••• | •••• | •••• | Rajkot, Gujarat, India | |
| Sabino Marine Services Private Limited | ₹6.72 Lakh (FY 2025) | •••• | •••• | -35.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Devesh Logistics by revenue in the Transport and Logistics industry (Diversified Logistics), 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 Devesh Logistics Private Limited
Devesh Logistics Private Limited is audited by S S N & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S S N & 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 Devesh Logistics Private Limited
Devesh Logistics has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarat Chandra Tripathy Also directs: Devesh Solutions Private Limited, Sama Lifestyle Private Limited | Director | 05 Nov 2021 | 4 Years 11 Months | Current |
| Bhuban Mohan Das Also directs: Devesh Solutions Private Limited | Director | 16 Sep 2019 | 7 Years 0 Months | Current |
Ownership and Shareholding of Devesh Logistics 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 Devesh Logistics Private Limited
Devesh Logistics Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Devesh Logistics Private Limited
Employment history and EPFO contributions of people linked to Devesh Logistics.
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 Devesh Logistics Private Limited
Devesh Logistics Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Rosy Dash ceased to be Managing Director on 05 Nov 2021.
Credit Ratings, Litigation & Regulatory Alerts for Devesh Logistics 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 Devesh Logistics 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 Devesh Logistics 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 Devesh Logistics Private Limited
Devesh Logistics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAHCD4292K1ZL | Odisha | Active | 15 Feb 2020 |
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 Devesh Logistics 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 Devesh Logistics Private Limited
Devesh Logistics is an active private limited company based in Bhubaneswar, Odisha, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 16 September 2019 (7+ years old) and is registered under CIN U63030OR2019PTC031683.
Devesh Logistics reported revenue of ₹6.83 Lakh for FY 2025 (down 73% YoY).
Devesh Logistics has 2 current directors:
- Sarat Chandra Tripathy - Director
- Bhuban Mohan Das - Director
Devesh Logistics reported a net profit of ₹29,652 (net margin 4.3%) and EBITDA of ₹34,548 (EBITDA margin 5.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devesh Logistics is 134% over three years and 66% over five years. In the latest year (FY 2025) revenue fell 73%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devesh Logistics is 21AAHCD4292K1ZL, registered in Odisha.
The CIN (Corporate Identification Number) of Devesh Logistics is U63030OR2019PTC031683. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devesh Logistics was incorporated on 16 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Devesh Logistics by revenue are Utm Tourism Services Private Limited, Penlaand Logistics Private Limited, Modern Freight Consolidator Private Limited, Jayshree Transport Pvt Ltd, Jai Malhar Shipping Private Limited and 5 more, all in the Transport and Logistics industry (Diversified Logistics).
Rosy Dash ceased to be Managing Director on 05 Nov 2021. Sarat Chandra Tripathy was appointed as Director on 05 Nov 2021. Bhuban Mohan Das was appointed as Director on 16 Sep 2019.
The registered office of Devesh Logistics is at Plot No:2213837&2223838 Nandan Vihar Near Northern Heights Po: Kiit Patia, Bhubaneswar, Odisha, India – 751024.