About Devi Fisheries Limited
Data last updated:
Devi Fisheries Limited is a public limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the fisheries and aquaculture segment of the agriculture sector. It was incorporated on 14 May 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U05005AP1997PLC027100. Its GSTIN is 37AAACD7852Q1ZZ (Andhra Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹106.4 Cr and a paid-up capital of ₹3.49 Cr. It was formerly known as Devi Fisheries Private Limited. It is led by directors including Suryarao Yarlagadda (Managing Director) and Veeravenkata Satyanarayana Murthy Yarlagadda (Whole-Time Director).
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 D.No.6 – 21 – 7 East Point Colony, Visakhapatnam, Andhra Pradesh, India – 530017.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,965.33 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹51.26 Cr (net margin 2.6%) and EBITDA of ₹159.76 Cr (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 8% over five years.
The company has about 1,989 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.
The company is associated with 1 brand: Devi Fisheries. As per MCA filings, the company has open charges of ₹1,938.3 Cr and satisfied charges of ₹262.99 Cr on record. Court records list 35 cases involving the company, including 15 filed by the company and 4 filed against it; 5 cases are pending. The company has 12 deals on record (11 secondary share transfers, 1 rights issue); the latest was in March 2023. Its 6 peer companies in the Agriculture industry (Fishing Industry) are compared by revenue, 1 larger and 5 smaller; the largest is Devi Sea Foods Limited with revenue of ₹3,310.06 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devifisheries.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressD.No.6 – 21 – 7 East Point Colony, Visakhapatnam, Andhra Pradesh, India – 530017
- IndustryAgriculture, Fisheries & Aquaculture
- 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 Devi Fisheries Limited
Devi Fisheries operates one associated brand: Devi Fisheries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Shrimp farming, processing, export, and feed production services in India. | devifisheries.com |
Business Activity of Devi Fisheries Limited
The main business activity of Devi Fisheries 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 Fisheries Limited FY 2025 filings available
Devi Fisheries Limited reported revenue of ₹1,965.33 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Devi Fisheries Limited
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 25% 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 Fisheries 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 | ₹1,965.33 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹159.76 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹51.26 Cr | •••• | •••• | •••• | •••• |
| 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 Fisheries Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.6% | •••• | •••• | •••• | •••• |
| 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 Devi Fisheries 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 Fisheries Limited
Devi Fisheries has 7 current directors and 5 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 | Managing Director | 14 May 1997 | 29 Years 5 Months | Current |
| Veeravenkata Satyanarayana Murthy Yarlagadda Also directs: Devi Aqua Feeds Private Limited | Whole-Time Director | 01 Oct 1997 | 29 Years 0 Months | Current |
| Veerraju Yarlagadda | Whole-Time Director | 01 Apr 1998 | 28 Years 6 Months | Current |
| Rajagopal Choudary Chitturi Also directs: Devi Aqua Feeds Private Limited, Meenakshi Power Private Limited, Seshamamba Foundation (Section 25) and 1 more | Whole-Time Director | 14 May 1997 | 29 Years 5 Months | Current |
| Indraneel Chitturi | Whole-Time Director | 08 Mar 2017 | 9 Years 7 Months | Current |
| Mahendra Yarlagadda Also directs: Devi Pharmatech Private Limited | Whole-Time Director | 08 Mar 2017 | 9 Years 7 Months | Current |
Peer Comparison of Devi Fisheries Limited
Devi Fisheries Limited is compared with the companies closest to it by revenue in the Agriculture industry (Fishing Industry). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Devi Sea Foods Limited | ₹3,310.06 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Sandhya Marines Limited | ₹2,224.57 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Devi Fisheries Limited this company | ₹1,965.33 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Falcon Marine Exports Limited | ₹1,543.18 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Bhubaneswar, Odisha, India |
| Sagar Grandhi Exports Private Limited | ₹1,358.5 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Tamil Nadu, India |
| Mukka Proteins Limited | ₹1,022.6 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Mangalore, Karnataka, India |
| Selvam Exports Private Limited | ₹921.07 Cr (FY 2018) | •••• | •••• | 7639443.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Devi Fisheries by revenue in the Agriculture industry (Fishing Industry), 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 Fisheries Limited
Devi Fisheries Limited is audited by RADHAKEERTHI & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RADHAKEERTHI & ASSOCIATES | 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 Fisheries 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 Fisheries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jan 2026 | Hdfc Bank Limited | ₹40 Lakh | Open |
| 06 Jan 2026 | Hdfc Bank Limited | ₹42.7 Cr | Open |
| 03 Nov 2025 | Hdfc Bank Limited | ₹70 Lakh | Open |
| 31 Oct 2025 | Hdfc Bank Limited | ₹20 Lakh | Open |
| 24 Oct 2025 | Hdfc Bank Limited | ₹1.25 Cr | Open |
Total charge records: 103 View all charges
Deals & Funding of Devi Fisheries Limited
Devi Fisheries Limited has 12 deals on record (11 secondary share transfers, 1 rights issue); the latest was in March 2023.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2023 | Secondary share transfer | Undisclosed | Seller: Suryarao Yarlagadda HUF, Mahendra Yarlagadda HUF, Veera Venkata Satyanarayana Murthy Yarlagadda HUF, an individual |
| Nov 2022 | Secondary share transfer | Undisclosed | Buyer: Darma Sasta Surendra Yarlagadda HUF, Veerendra Yarlagadda HUF Seller: 2 individuals |
| Nov 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Mahendra Yarlagadda HUF, an individual |
| Nov 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Samarendra Yarlagadda HUF |
Full deal history
All 12 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 Fisheries Limited
Devi Fisheries Limited has 35 court cases on record: 15 filed by Devi Fisheries, 4 filed against it, 16 where it is another party. 5 cases are pending and 30 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 4 | 0 |
| High courts | 16 | 0 | 5 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Andhra Pradesh | Court case (MACMA) | Company is another party | Pending |
| High Court of Andhra Pradesh | Court case (ITTA) | Filed by the company against Dy. Commissioner of Income Tax, Visakhapatnam | Pending |
| High Court of Andhra Pradesh | Court case (ITTA) | Filed by the company against Deputy Commissioner of Income Tax, VSP | Pending |
| High Court of Andhra Pradesh | Court case (ITTA) | Filed by the company against Deputy Commissioner of Income Tax | Pending |
| District court, Nellore, Andhra Pradesh | Petition | Filed against the company by an individual | Disposed |
Full case history
All 35 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 Fisheries Limited
Devi Fisheries Limited has a workforce of 1,989 employees as of Oct 09, 2025.
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.
Group Structure of Devi Fisheries Limited
Devi Fisheries has 4 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Devi Aqua Feeds Private Limited | U05000AP2017PTC106218 | Locked |
| Satya Sea Foods Pvt Ltd | U05005AP1985PTC006027 | Locked |
| Dsf Aquatech Pvt Ltd | U05005AP1993PTC016314 | Locked |
| Devi Aquatech Private Limited | U15122AP2014PTC093615 | Locked |
Showing major subsidiaries. Total: 4.
Recent Activity on Devi Fisheries Limited
Devi Fisheries Limited has 15 board changes on record since 1997: 11 appointments and 4 cessations. The latest: Ram Babu Bandarupalli ceased to be Director on 10 Sep 2025.
145 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Devi Fisheries 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 Fisheries 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 Fisheries 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 Fisheries Limited
Devi Fisheries has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAACD7852Q1ZZ | Andhra Pradesh | Active | 01 Jul 2017 |
| 21AAACD7852Q1ZC | Odisha | 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 Fisheries 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 Fisheries Limited
Frequently Asked Questions about Devi Fisheries Limited
Devi Fisheries is an active public limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in fisheries and aquaculture, within the agriculture industry. It was incorporated on 14 May 1997 (29+ years old) and is registered under CIN U05005AP1997PLC027100.
Devi Fisheries reported revenue of ₹1,965.33 Cr for FY 2025 (down 2% YoY).
Devi Fisheries has 7 current directors:
- Suryarao Yarlagadda - Managing Director
- Veeravenkata Satyanarayana Murthy Yarlagadda - Whole-Time Director
- Veerraju Yarlagadda - Whole-Time Director
- Rajagopal Choudary Chitturi - Whole-Time Director
- Indraneel Chitturi - Whole-Time Director
- Mahendra Yarlagadda - Whole-Time Director
- Tiruvalloor Viavoori Gayathri Rao - Director
Devi Fisheries reported a net profit of ₹51.26 Cr (net margin 2.6%) and EBITDA of ₹159.76 Cr (EBITDA margin 8.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devi Fisheries is 1% over three years and 8% over five years. In the latest year (FY 2025) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devi Fisheries is 37AAACD7852Q1ZZ, registered in Andhra Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 21AAACD7852Q1ZC (Odisha).
The CIN (Corporate Identification Number) of Devi Fisheries is U05005AP1997PLC027100. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devi Fisheries has 35 court cases on record: 15 filed by the company and 4 filed against it. 5 are pending. Most are in the district courts.
Devi Fisheries was incorporated on 14 May 1997, making it 29+ years old. It is registered with the Registrar of Companies, Vijayawada.
Devi Fisheries has 12 deals on record (11 secondary share transfers, 1 rights issue); the latest was in March 2023.
The peers of Devi Fisheries by revenue are Devi Sea Foods Limited, Sandhya Marines Limited, Falcon Marine Exports Limited, Sagar Grandhi Exports Private Limited, Mukka Proteins Limited and 1 more, all in the Agriculture industry (Fishing Industry).