Devhir Logistics Private Limited
About Devhir Logistics Private Limited
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Devhir Logistics Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the carrying and forwarding agents (cfa) segment of the transport and logistics sector. It was incorporated on 12 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2018PTC105570. Its GSTIN is 24AAGCD9912M1ZB (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Devarsh Mahendrakumar Patel and Hiral Mahendrakumar Patel.
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 Balaji Estate Asalali Barejdi Sub Division 2 Asalali Daskroi, Ahmedabad, Gujarat, India – 382430.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.8 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹6.34 Lakh (net margin 1.1%) and EBITDA of ₹43.57 Lakh (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 26% over five years.
As per MCA filings, the company has open charges of ₹1.91 Cr on record.
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- Registered AddressBalaji Estate Asalali Barejdi Sub Division 2 Asalali Daskroi, Ahmedabad, Gujarat, India – 382430
- IndustryTransport and Logistics, Carrying & Forwarding Agents (CFA)
- 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 of Devhir Logistics Private Limited
The main business activity of Devhir Logistics is transport and storage. In detail, this covers land transport via road.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road | 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 Devhir Logistics Private Limited FY 2025 filings available
Devhir Logistics Private Limited reported revenue of ₹5.8 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Devhir Logistics Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 15% growth in the latest year. EBITDA rose 28% 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 Devhir 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 | ₹43.57 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.34 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 of Devhir Logistics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.1% | •••• | •••• | •••• | •••• |
| 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 Devhir Logistics are in the company report.
Financial statements from FY 2019
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 Devhir Logistics Private Limited
Devhir Logistics Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Srijan Logistics India Private Limited | •••• | •••• | •••• | •••• | - | South Ganesh Nagar, Delhi, India |
| Eccentric Logistics Private Limited | •••• | •••• | •••• | •••• | - | Bhopal, Madhya Pradesh, India |
| Om Transconnect Private Limited | •••• | •••• | •••• | •••• | - | Rohtak, Haryana, India |
| Skyriver India Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Global Integrated Logistics Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Devhir Logistics Private Limited this company | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| V2 International Logistics Services Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Transwide Express Cargo Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Shaurya Raj Freight Carrier Private Limited | •••• | •••• | •••• | •••• | - | Kodungaiyur, Tamil Nadu, India |
| Ppar Air Tours and Travels Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Loadmee Logistics Private Limited | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Devhir Logistics by revenue in the Transport and Logistics industry (Diversified Logistics), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Devhir Logistics Private Limited
Devhir Logistics has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devarsh Mahendrakumar Patel | Director | 12 Dec 2018 | 7 Years 9 Months | Current |
| Hiral Mahendrakumar Patel | Director | 12 Dec 2018 | 7 Years 9 Months | Current |
Ownership and Shareholding of Devhir 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 Devhir Logistics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Sep 2025 | Hdfc Bank Limited | ₹25.5 Lakh | Open |
| 31 May 2025 | Others | ₹28 Lakh | Open |
| 28 Mar 2025 | Hdfc Bank Limited | ₹31 Lakh | Open |
| 29 Dec 2023 | Yes Bank Limited | ₹95 Lakh | Open |
| 06 Sep 2023 | Hdfc Bank Limited | ₹11.04 Lakh | Open |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Devhir Logistics Private Limited
Employment history and EPFO contributions of people linked to Devhir 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 Devhir Logistics Private Limited
Devhir Logistics Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Devarsh Mahendrakumar Patel was appointed as Director on 12 Dec 2018.
Credit Ratings, Litigation & Regulatory Alerts for Devhir 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 Devhir 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 Devhir 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 Devhir Logistics Private Limited
Devhir Logistics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCD9912M1ZB | Gujarat | Active | 08 Feb 2019 |
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 Devhir 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 Devhir Logistics Private Limited
Devhir Logistics is an active private limited company based in Ahmedabad, Gujarat, India. The company works in carrying and forwarding agents (cfa), within the transport and logistics industry. It was incorporated on 12 December 2018 (8+ years old) and is registered under CIN U74999GJ2018PTC105570.
Devhir Logistics reported revenue of ₹5.8 Cr for FY 2025 (up 15% YoY).
Devhir Logistics has 2 current directors:
- Devarsh Mahendrakumar Patel - Director
- Hiral Mahendrakumar Patel - Director
Devhir Logistics reported a net profit of ₹6.34 Lakh (net margin 1.1%) and EBITDA of ₹43.57 Lakh (EBITDA margin 7.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devhir Logistics is 29% over three years and 26% over five years. In the latest year (FY 2025) revenue rose 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devhir Logistics is 24AAGCD9912M1ZB, registered in Gujarat.
The CIN (Corporate Identification Number) of Devhir Logistics is U74999GJ2018PTC105570. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devhir Logistics was incorporated on 12 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Devhir Logistics by revenue are Srijan Logistics India Private Limited, Eccentric Logistics Private Limited, Om Transconnect Private Limited, Skyriver India Private Limited, Global Integrated Logistics Private Limited and 5 more, all in the Transport and Logistics industry (Diversified Logistics).
Devarsh Mahendrakumar Patel was appointed as Director on 12 Dec 2018. Hiral Mahendrakumar Patel was appointed as Director on 12 Dec 2018.
The registered office of Devhir Logistics is at Balaji Estate Asalali Barejdi Sub Division 2 Asalali Daskroi, Ahmedabad, Gujarat, India – 382430.