About Devfolio Technologies Private Limited
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Devfolio Technologies Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 18 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2020PTC118959. Its GSTIN is 29AAICD2097F1ZG (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors Denver Jude Canute Dsouza and Utkarsh Verma.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at A – 302 Devkrupa Apartment Citylight Near Corner Point, Surat, Gujarat, India – 395007.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.65 Lakh, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹47,252 (net margin -2.8%) and EBITDA of ₹2.04 Lakh (EBITDA margin 12.2%). Revenue has grown at a compounded annual rate (CAGR) of 103% over three years.
The company is associated with 1 brand: Devfolio.
For more details, the company can be reached via its website devfolio.co.
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- Social Media
- Registered AddressA – 302 Devkrupa Apartment Citylight Near Corner Point, Surat, Gujarat, India – 395007
- IndustryConsumer Goods, Accessories Retail & Distribution
- 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
Associated Brands with Devfolio Technologies Private Limited
Devfolio Technologies operates one associated brand: Devfolio. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An online platform for building hackathon communities and DAO services. | devfolio.co |
Competitors & Alternatives of Devfolio Technologies Private Limited
Brands and companies operating in the same space as Devfolio Technologies Private Limited include Devpost, HackHub, Correlation One and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Devpost | Coding assessment platform for developers and enterprises is provided. | New York, United States | 2009 |
 HackHub | Online IT education and talent incubation for hackathons are facilitated. | Vancouver, Canada | 2016 |
 Correlation One | Datathons are conducted to assess data science job seekers. | New York, United States | 2015 |
 Kesci | Data analytics platform for algorithm creation and integration is provided. | Xuhui, China | 2014 |
 Peakers | Online platform for hackathons and meetup for students | Tokyo, Japan | 2019 |
 DrivenData | Data science competitions for social challenges are hosted online. | Denver, United States | 2014 |
 HackIndia | Organizes nationwide Web3 and AI hackathons to foster innovation and collaboration among students. | Delhi, India | 2024 |
 DigiEduHack | Global initiative for digital education innovation through hackathons and collaboration. | Helsinki, Finland | 2019 |
Business Activity of Devfolio Technologies Private Limited
The main business activity of Devfolio Technologies is professional, scientific and technical. In detail, this covers legal activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M1 | Legal activities | 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.
Board of Directors of Devfolio Technologies Private Limited
Devfolio Technologies has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Denver Jude Canute Dsouza Also directs: Yellow Lemon Technologies Private Limited | Director | 26 Aug 2022 | 4 Years 1 Months | Current |
| Utkarsh Verma | Director | 18 Dec 2020 | 5 Years 9 Months | Current |
Financials of Devfolio Technologies Private Limited FY 2024 filings available
Devfolio Technologies Private Limited reported revenue of ₹16.65 Lakh (down 52% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Devfolio Technologies Private Limited
Revenue fell 52% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 103%. EBITDA rose 101% 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 Devfolio Technologies Private Limited
| Metrics | 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 | ₹2.04 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹47,252 | •••• | •••• | •••• |
| 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 Devfolio Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 12.2% | •••• | •••• | •••• |
| Net Profit Margin | -2.8% | •••• | •••• | •••• |
| 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 Devfolio Technologies are in the company report.
Financial statements from FY 2021
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.
Charges & Borrowings of Devfolio Technologies Private Limited
Devfolio Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Devfolio Technologies Private Limited
Employment history and EPFO contributions of people linked to Devfolio Technologies.
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.
GST Compliance of Devfolio Technologies Private Limited
Devfolio Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICD2097F1ZG | Karnataka | Active | 19 Jan 2021 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Devfolio Technologies 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 Devfolio Technologies 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 Devfolio Technologies 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.
MCA Filings & Documents of Devfolio Technologies 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.
Recent Activity on Devfolio Technologies Private Limited
Frequently Asked Questions about Devfolio Technologies Private Limited
Devfolio Technologies is an active private limited company based in Surat, Gujarat, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 18 December 2020 (6+ years old) and is registered under CIN U72900GJ2020PTC118959.
Devfolio Technologies reported revenue of ₹16.65 Lakh for FY 2024 (down 52% YoY).
Devfolio Technologies has 2 current directors:
- Denver Jude Canute Dsouza - Director
- Utkarsh Verma - Director
Devfolio Technologies reported a net loss of ₹47,252 (net margin -2.8%) and EBITDA of ₹2.04 Lakh (EBITDA margin 12.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devfolio Technologies is 103% over three years. In the latest year (FY 2024) revenue fell 52%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devfolio Technologies is 29AAICD2097F1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Devfolio Technologies is U72900GJ2020PTC118959. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devfolio Technologies was incorporated on 18 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Devfolio Technologies can be reached through the website devfolio.co. Its registered office is in Surat, Gujarat, India.