About Devi Aquatech Private Limited
Data last updated:
Devi Aquatech Private Limited was a private limited company based in Visakhapatnam, Andhra Pradesh, India, operated as a subsidiary of Devi Fisheries Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the meat and fish processing and distribution segment of the food and beverages sector. It was incorporated on 19 March 2014.
The company was registered with the Registrar of Companies (ROC), Vijayawada, under CIN U15122AP2014PTC093615. Its GSTIN is 37AAFCD0319K1ZQ (Andhra Pradesh).
The company had an authorised share capital of ₹89 Cr and a paid-up capital of ₹63.07 Cr. It was led by directors including Suryarao Yarlagadda (Managing Director) and Rajagopal Choudary Chitturi.
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 was at D.No.6 – 21 – 7 East Point Colony, Visakhapatnam, Andhra Pradesh, India – 530017.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.95 Cr, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹76.57 Lakh (net margin -3.8%) and EBITDA of ₹12.36 Cr (EBITDA margin 62%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years and 35% over five years.
The company had about 2,484 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had open charges of ₹593.44 Cr and satisfied charges of ₹73 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company. The company has 9 deals on record (6 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹56.59 Cr; the latest was in July 2022. Its 10 peer companies in the Food and Beverages industry (Meat and Fish Processing) are compared by revenue, 5 larger and 5 smaller; the largest is Culinary Triangle Private Limited with revenue of ₹22.67 Cr.
The last known website on record is devifisheries.com.
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- Website
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- Registered AddressD.No.6 – 21 – 7 East Point Colony, Visakhapatnam, Andhra Pradesh, India – 530017
- IndustryFood and Beverages, Meat & Fish Processing & 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
Business Activity of Devi Aquatech Private Limited
The main business activity of Devi Aquatech is agriculture, forestry, fishing. In detail, this covers fishing and aquaculture.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A3 | Fishing and aquaculture | 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 Devi Aquatech Private Limited FY 2024 filings available
Devi Aquatech Private Limited reported revenue of ₹19.95 Cr (down 52% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Devi Aquatech Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 52% fall in the latest year. EBITDA fell 31% 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 Devi Aquatech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹12.36 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹76.57 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 Devi Aquatech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 62% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -3.8% | •••• | •••• | •••• | •••• |
| 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 Devi Aquatech are in the company report.
Financial statements from 2015
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.
Board of Directors of Devi Aquatech Private Limited
Devi Aquatech has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suryarao Yarlagadda Also directs: Devi Aqua Feeds Private Limited, Devi Fisheries Limited | Managing Director | 19 Mar 2014 | 12 Years 7 Months | As last reported |
| Rajagopal Choudary Chitturi Also directs: Devi Aqua Feeds Private Limited, Devi Fisheries Limited, Meenakshi Power Private Limited and 2 more | Director | 22 Dec 2015 | 10 Years 9 Months | As last reported |
| Veeravenkata Satyanarayana Murthy Yarlagadda Also directs: Devi Aqua Feeds Private Limited, Devi Fisheries Limited | Director | 19 Mar 2014 | 12 Years 7 Months | As last reported |
| Veerraju Yarlagadda | Director | 22 Dec 2015 | 10 Years 9 Months | As last reported |
| Indraneel Chitturi Also directs: Devi Fisheries Limited, Samatha Constructions Private Limited, Devi Pharmatech Private Limited and 1 more | Director | 18 Jul 2020 | 6 Years 3 Months | As last reported |
Peer Comparison of Devi Aquatech Private Limited
Devi Aquatech Private Limited is compared with the companies closest to it by revenue in the Food and Beverages industry (Meat and Fish Processing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Culinary Triangle Private Limited | ₹22.67 Cr (FY 2024) | •••• | •••• | 286.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| Maria Aquacon Private Limited | ₹22.56 Cr (FY 2023) | •••• | •••• | 8.0% | •••• | Kanyakumar, Tamil Nadu, India |
| Freeze Engineering Industries Pvt Ltd | ₹22.04 Cr (FY 2022) | •••• | •••• | 141.0% | •••• | Ernakulam, Kerala, India |
| Frosset Foods Private Limited | ₹20.99 Cr (FY 2024) | •••• | •••• | -40.0% | •••• | Aroor, Kerala, India |
| Poulsea Private Limited | ₹20.03 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| Devi Aquatech Private Limited this company | ₹19.95 Cr (FY 2024) | •••• | •••• | -52.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Allana Investments and Trading Company Private Limited | ₹19.83 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Mumbai, Maharashtra, India |
| Growelicious Private Limited | ₹19.1 Cr (FY 2025) | •••• | •••• | 669.0% | •••• | Hyderabad, Telangana, India |
| Shanoor Agro Private Limited | ₹18.7 Cr (FY 2015) | •••• | •••• | 0.0% | •••• | Jaipur, Rajasthan, India |
| Asian Fishmeal & Feeds Private Limited | ₹18.64 Cr (FY 2024) | •••• | •••• | 137.0% | •••• | Kolkata, West Bengal, India |
| Mapss Fats and Proteins Private Limited | ₹18.39 Cr (FY 2015) | •••• | •••• | -37.0% | •••• | Raipur, Chhattisgarh, India |
Peers are the five companies nearest above and the five nearest below Devi Aquatech by revenue in the Food and Beverages industry (Meat and Fish Processing), 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 Devi Aquatech Private Limited
Devi Aquatech Private Limited is audited by Chowdary & Rao for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Chowdary & Rao | 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.
Ownership and Shareholding of Devi Aquatech 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 Devi Aquatech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jan 2017 | Canara Bank | ₹73 Cr | Satisfied |
Total charge records: 1 View all charges
Deals & Funding of Devi Aquatech Private Limited
Devi Aquatech Private Limited has 9 deals on record (6 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹56.59 Cr; the latest was in July 2022.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2022 | Secondary share transfer | Undisclosed | Seller: Devi Fisheries Limited |
| Mar 2019 | Rights issue | ₹15 Cr | Investors: Devi Fisheries Limited |
| Mar 2018 | Funding round | ₹11.6 Cr | Investors: Devi Fisheries Limited |
| Dec 2017 | Secondary share transfer | Undisclosed | Buyer: Devi Fisheries Limited Seller: 4 individuals |
| Dec 2017 | Funding round | ₹5 Cr | Investors: Devi Fisheries Limited , 3 individuals |
Full deal history
All 9 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Devi Aquatech Private Limited
Devi Aquatech Private Limited has 3 court cases on record: 1 filed by Devi Aquatech, 2 where it is another party. All cases are disposed. Status as checked between 01 Oct 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
| High courts | 1 | 0 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Amaravati | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| High Court of Andhra Pradesh | Writ petition | Company is another party | Disposed |
| District court, East Godavari, Andhra Pradesh | Court case (IP) | Company is another party | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Devi Aquatech Private Limited
Devi Aquatech Private Limited has a workforce of 2,484 employees as of Apr 05, 2024.
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 Devi Aquatech Private Limited
Devi Aquatech Private Limited has 8 board changes on record since 2014: 5 appointments and 3 cessations. The latest: Indraneel Chitturi ceased to be Additional Director on 31 Dec 2020.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Devi Aquatech 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 Devi Aquatech 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 Devi Aquatech 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 Devi Aquatech Private Limited
Devi Aquatech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAFCD0319K1ZQ | Andhra Pradesh | Active | 01 Jul 2017 |
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 Devi Aquatech 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.
Related news about Devi Aquatech Private Limited
Frequently Asked Questions about Devi Aquatech Private Limited
Devi Aquatech has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Devi Aquatech was a private limited company based in Visakhapatnam, Andhra Pradesh, India. The company worked in meat and fish processing and distribution, within the food and beverages industry. It was incorporated on 19 March 2014 and is registered under CIN U15122AP2014PTC093615. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Devi Aquatech was incorporated on 19 March 2014. It is registered with the Registrar of Companies, Vijayawada.
Devi Aquatech had 5 directors:
- Suryarao Yarlagadda - Managing Director
- Rajagopal Choudary Chitturi - Director
- Veeravenkata Satyanarayana Murthy Yarlagadda - Director
- Veerraju Yarlagadda - Director
- Indraneel Chitturi - Director
The CIN (Corporate Identification Number) of Devi Aquatech is U15122AP2014PTC093615. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Devi Aquatech is at D.No.6 – 21 – 7 East Point Colony, Visakhapatnam, Andhra Pradesh, India – 530017.
Devi Aquatech can be reached through the website devifisheries.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
Devi Aquatech reported revenue of ₹19.95 Cr for FY 2024 (down 52% YoY).
Devi Aquatech has an authorised share capital of ₹89 Cr and a paid-up capital of ₹63.07 Cr.
Devi Aquatech reported a net loss of ₹76.57 Lakh (net margin -3.8%) and EBITDA of ₹12.36 Cr (EBITDA margin 62%) for FY 2024, as per its filed financial statements.
The GSTIN of Devi Aquatech is 37AAFCD0319K1ZQ, registered in Andhra Pradesh.