Devethic Solutions Private Limited
About Devethic Solutions Private Limited
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Devethic Solutions Private Limited is a private limited company based in Botad, Gujarat, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 24 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2020PTC112921. Its GSTIN is 24AAHCD6858M1Z3 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Deven Pravinbhai Vala and Bhargav Pravinbhai Vala.
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 Jawahar Society Ral Road Botad, Gujarat, India – 364710.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.7 Lakh, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹8,010 (net margin 0.6%) and EBITDA of ₹54,750 (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years.
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- Registered AddressJawahar Society Ral Road Botad, Gujarat, India – 364710
- IndustryBusiness Services, Miscellaneous Business Activities, Other 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 Devethic Solutions Private Limited
The main business activity of Devethic Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Devethic Solutions Private Limited FY 2025 filings available
Devethic Solutions Private Limited reported revenue of ₹12.7 Lakh (down 42% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Devethic Solutions Private Limited
Revenue fell 42% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 35%. EBITDA rose 195% 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 Devethic Solutions 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 | ₹54,750 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8,010 | •••• | •••• | •••• | •••• |
| 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 Devethic Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• | •••• |
| 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 Devethic Solutions 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 Devethic Solutions Private Limited
Devethic Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Leapexa Technologies Private Limited | ₹12.76 Lakh (FY 2023) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Seekout Technologies Private Limited | ₹12.76 Lakh (FY 2017) | •••• | •••• | 25.0% | •••• | Thiruvananthapuram, Kerala, India |
| Jeyan Technologies Private Limited | ₹12.73 Lakh (FY 2025) | •••• | •••• | 22.0% | •••• | Theni, Tamil Nadu, India |
| Avake Technology (India) Private Limited | ₹12.72 Lakh (FY 2016) | •••• | •••• | -6.0% | •••• | New Delhi, Delhi, India |
| Verusys Software Private Limited | ₹12.71 Lakh (FY 2024) | •••• | •••• | -31.0% | •••• | Hyderabad, Telangana, India |
| Devethic Solutions Private Limited this company | ₹12.7 Lakh (FY 2025) | •••• | •••• | -42.0% | •••• | Botad, Gujarat, India |
| Rudravatar Technology and Devices Private Limited | ₹12.69 Lakh (FY 2025) | •••• | •••• | -20.0% | •••• | Ranchi, Jharkhand, India |
| Dematade Algo Technology Solutions Private Limited | ₹12.69 Lakh (FY 2024) | •••• | •••• | •••• | Panvel, Maharashtra, India | |
| Ctruh Technologies Private Limited | ₹12.68 Lakh (FY 2025) | •••• | •••• | 22.0% | •••• | Bangalore, Karnataka, India |
| Innovativebiz Technologies Private Limited | ₹12.66 Lakh (FY 2024) | •••• | •••• | -66.0% | •••• | Bhopal, Madhya Pradesh, India |
| Qik Innovations Private Limited | ₹12.66 Lakh (FY 2024) | •••• | •••• | -43.0% | •••• | Shegaon, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Devethic Solutions by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Devethic Solutions Private Limited
Devethic Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deven Pravinbhai Vala | Director | 24 Feb 2020 | 6 Years 7 Months | Current |
| Bhargav Pravinbhai Vala | Director | 24 Feb 2020 | 6 Years 7 Months | Current |
Ownership and Shareholding of Devethic Solutions 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 Devethic Solutions Private Limited
Devethic Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Devethic Solutions Private Limited
Employment history and EPFO contributions of people linked to Devethic Solutions.
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 Devethic Solutions Private Limited
Devethic Solutions Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Bhargav Pravinbhai Vala was appointed as Director on 24 Feb 2020.
Credit Ratings, Litigation & Regulatory Alerts for Devethic Solutions 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 Devethic Solutions 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 Devethic Solutions 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 Devethic Solutions Private Limited
Devethic Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCD6858M1Z3 | Gujarat | Active | 01 Jun 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 Devethic Solutions 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 Devethic Solutions Private Limited
Devethic Solutions is an active private limited company based in Botad, Gujarat, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 24 February 2020 (6+ years old) and is registered under CIN U74999GJ2020PTC112921.
Devethic Solutions reported revenue of ₹12.7 Lakh for FY 2025 (down 42% YoY).
Devethic Solutions has 2 current directors:
- Deven Pravinbhai Vala - Director
- Bhargav Pravinbhai Vala - Director
Devethic Solutions reported a net profit of ₹8,010 (net margin 0.6%) and EBITDA of ₹54,750 (EBITDA margin 4.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devethic Solutions is 35% over three years. In the latest year (FY 2025) revenue fell 42%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devethic Solutions is 24AAHCD6858M1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Devethic Solutions is U74999GJ2020PTC112921. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devethic Solutions was incorporated on 24 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Devethic Solutions by revenue are Leapexa Technologies Private Limited, Seekout Technologies Private Limited, Jeyan Technologies Private Limited, Avake Technology (India) Private Limited, Verusys Software Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Bhargav Pravinbhai Vala was appointed as Director on 24 Feb 2020. Deven Pravinbhai Vala was appointed as Director on 24 Feb 2020.
The registered office of Devethic Solutions is at Jawahar Society Ral Road Botad, Gujarat, India – 364710.