MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-15-0015897
Devesh Rice Mills Private Limited
Devesh Rice Mills Private Limited - food and beverages in Kolhapur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹61.6 Cr
▼ 25% YoY
Net profit · FY 2025
₹25.83 Lakh
Net margin 0.4%
EBITDA · FY 2025
₹2.64 Cr
EBITDA margin 4.3%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹3.5 Cr
Issued & subscribed
Open charges
₹35.4 Cr
Satisfied ₹32.07 Cr
Company age
21 yrs
Est. 2005
Directors on board
2
As per MCA filings
About Devesh Rice Mills Private Limited
Data last updated:
Devesh Rice Mills Private Limited is a private limited company based in Kolhapur, Maharashtra, India. It operates in the staple foods and grains segment of the food and beverages sector. It was incorporated on 25 October 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U15312PN2005PTC021464. Its GSTIN is 27AADCD0355K1ZP (Maharashtra).
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.5 Cr. It is led by directors Kuber Bandu Bhivate (Managing Director) and Jayesh Kuber Bhivate.
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 Cs No – 2113/E Plot No 97 Ganesh Co – Op Society Near Lic Colony, Kolhapur, Maharashtra, India – 416001.
As per the financials filed for FY 2025, the company reported a revenue of ₹61.6 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹25.83 Lakh (net margin 0.4%) and EBITDA of ₹2.64 Cr (EBITDA margin 4.3%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹35.4 Cr and satisfied charges of ₹32.07 Cr on record.
Devesh Rice Mills Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-15-0015897). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U15312PN2005PTC021464
Registration Number 021464
Incorporation Date 25 October 2005
ROC Pune
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-15-0015897
Recognitions & Rankings of Devesh Rice Mills
Contact details
Devesh Rice Mills Private Limited's registered office is in Kolhapur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCs No – 2113/E Plot No 97 Ganesh Co – Op Society Near Lic Colony, Kolhapur, Maharashtra, India – 416001
- IndustryFood and Beverages, Staple Foods & Grains
To see the full contact details of Devesh Rice Mills Private Limited, buy the company report.
Comprehensive company report
Devesh Rice Mills Private Limited - 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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Business activity
The main business activity of Devesh Rice Mills is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Devesh Rice Mills Private Limited, buy the company report.
Financials of Devesh Rice Mills Private Limited
FY 2025 filings availableDevesh Rice Mills Private Limited reported revenue of ₹61.6 Cr (down 25% YoY) for FY 2025.
Revenue · FY 2025
₹61.6 Cr ▼ 25%
Net profit · FY 2025
₹25.83 Lakh margin 0.4%
EBITDA · FY 2025
₹2.64 Cr margin 4.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 25%
3 years · compounded
▼ 7%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 1%
5 years · compounded
▲ 3%
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 25% fall in the latest year. EBITDA fell 5% 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 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 | ₹2.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25.83 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.3% | ||||
| Net Profit Margin | 0.4% | ||||
| 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 Devesh Rice Mills Private Limited, buy the company report.
Board of directors of Devesh Rice Mills Private Limited
Devesh Rice Mills has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayesh Kuber Bhivate | Director | 01 Oct 2008 | 18 Years 1 Months | Current |
| Kuber Bandu Bhivate Also directs: Kubera Rice Mills Private Limited | Managing Director | 07 Sep 2011 | 15 Years 2 Months | Current |
Peer comparison
Devesh Rice Mills Private Limited is compared with the 8 companies closest to it by revenue in the Food and Beverages industry (Rice Mills, Staple Foods), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jayesh Pulse Products Pvt Ltd | ₹62.23 Cr (FY 2024) | 61.0% | Kuwadwa, Gujarat, India | |||
| Nu Foods Pvt Ltd | ₹61.96 Cr (FY 2024) | -30.0% | Guwahati, Assam, India | |||
| Kohinoor Grain Processing Private Limited | ₹61.84 Cr (FY 2025) | -5.0% | Nanded, Maharashtra, India | |||
| Devesh Rice Mills Private Limitedthis company | ₹61.6 Cr (FY 2025) | ₹25.83 Lakh | 0.4% | -25.0% | Kolhapur, Maharashtra, India | |
| Shree Ganpati Ridhi Sidhi Agro Industries Private Limited | ₹61.56 Cr (FY 2025) | 14.0% | Mau, Uttar Pradesh, India | |||
| Shree Anmol Food Warehouse Private Limited | ₹61.49 Cr (FY 2024) | 119.0% | Bhilwarar, Rajasthan, India | |||
| Sheela Agro Private Limited | ₹61.42 Cr (FY 2025) | 0.0% | Katni, Madhya Pradesh, India | |||
| Takhatmal Grandsons Private Limited | ₹61.3 Cr (FY 2025) | 1977.0% | Katni, Madhya Pradesh, India | |||
| Shyam Flour Mills Private Limited | ₹61.26 Cr (FY 2025) | 26.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Devesh Rice Mills Private Limited, buy the company report.
Auditor
Devesh Rice Mills Private Limited is audited by KEDAR KUMBHOJKAR & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KEDAR KUMBHOJKAR & COMPANY | FY 2023 | 141178W |
Shareholding
The shareholding of Devesh Rice Mills Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Devesh Rice Mills Private Limited, buy the company report.
Charges & borrowings
Open charges
₹35.4 Cr
Satisfied charges
₹32.07 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 2017 | 100156762 | Others | ₹8.5 Cr | Open | |
| 19 May 2017 | 100100725 | Tjsb Sahakari Bank Limited | ₹13.9 Cr | Open | |
| 05 Apr 2013 | 10425743 | Others | ₹13 Cr | Open | |
| 02 Sep 2022 | 100606169 | Others | ₹3.25 Cr | Satisfied | |
| 26 Jul 2021 | 100469012 | Tjsb Sahakari Bank Limited | ₹1.85 Cr | Satisfied |
To see the full charge records of Devesh Rice Mills Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
No court or tribunal cases involving Devesh Rice Mills Private Limited 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 Devesh Rice Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Devesh Rice Mills has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCD0355K1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Devesh Rice Mills Private Limited, buy the company report.
Recent activity
Devesh Rice Mills Private Limited has 6 board changes on record since 2005: 4 appointments and 2 cessations. The latest: Bhartesh Kuber Bhivate ceased to be Director on 15 Jun 2015.
AGM
Devesh Rice Mills Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Devesh Rice Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Tjsb Sahakari Bank Limited of Rs. 13.90 Cr registered on 19 May 2017 with Charge ID 100100725 was modified on 28 Mar 2025.
Charges
A charge registered on 28 May 2018 via Charge ID 100201966 with Others was fully satisfied on 23 Jan 2024.
Charges
A charge registered on 02 Sep 2022 via Charge ID 100606169 with Others was fully satisfied on 03 Apr 2023.
Charges
A charge registered on 03 Jun 2021 via Charge ID 100451946 with Tjsb Sahakari Bank Limited was fully satisfied on 03 Apr 2023.
Charges
A charge registered on 26 Jul 2021 via Charge ID 100469012 with Tjsb Sahakari Bank Limited was fully satisfied on 12 Sep 2022.
Charges
A charge registered on 22 Jun 2020 via Charge ID 100359585 with Tjsb Sahakari Bank Limited was fully satisfied on 12 Sep 2022.
Charges
A charge with Others amounted to Rs. 3.25 Cr with Charge ID 100606169 was registered on 02 Sep 2022.
Charges
A charge with Tjsb Sahakari Bank Limited amounted to Rs. 1.85 Cr with Charge ID 100469012 was registered on 26 Jul 2021.
Charges
A charge with Tjsb Sahakari Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100451946 was registered on 03 Jun 2021.
Charges
A charge with Tjsb Sahakari Bank Limited amounted to Rs. 0.80 Cr with Charge ID 100359585 was registered on 22 Jun 2020.
27 earlier events are in the company report.
Frequently asked questions
Devesh Rice Mills is an active private limited company based in Kolhapur, Maharashtra, India. The company works in staple foods and grains, within the food and beverages industry. It was incorporated on 25 October 2005 (21+ years old) and is registered under CIN U15312PN2005PTC021464.
Devesh Rice Mills has 2 current directors:
- Kuber Bandu Bhivate - Managing Director
- Jayesh Kuber Bhivate - Director
The latest financial statements of Devesh Rice Mills on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Devesh Rice Mills is 27AADCD0355K1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Devesh Rice Mills is U15312PN2005PTC021464. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devesh Rice Mills was incorporated on 25 October 2005, making it 21+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Devesh Rice Mills by revenue are Jayesh Pulse Products Pvt Ltd, Nu Foods Pvt Ltd, Kohinoor Grain Processing Private Limited, Shree Ganpati Ridhi Sidhi Agro Industries Private Limited, Shree Anmol Food Warehouse Private Limited and 3 more, all in the Food and Beverages industry (Rice Mills, Staple Foods), with the same principal business activity (food, beverages and tobacco products).
Bhartesh Kuber Bhivate ceased to be Director on 15 Jun 2015. Kuber Bandu Bhivate was appointed as Managing Director on 07 Sep 2011. Bhartesh Kuber Bhivate was appointed as Director on 17 Oct 2010. Devesh Rice Mills has 6 board changes on record in total.
Yes, Devesh Rice Mills is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-15-0015897).
The registered office of Devesh Rice Mills is at Cs No – 2113E Plot No 97 Ganesh Co – Op Society Near Lic Colony, Kolhapur, Maharashtra, India – 416001.
Devesh Rice Mills operates in the food and beverages industry, in the staple foods and grains segment.
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