About Devi Hospital Private Limited
Data last updated:
Devi Hospital Private Limited is a private limited company based in Ernakulam, Kerala, India. It operates in the hospital and clinical services segment of the healthcare sector. It was incorporated on 30 May 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U85110KL2005PTC018242. Its GSTIN is 32AACCD2226L1ZZ (Kerala).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.98 Cr. It is led by directors including Deepak Madhavan (Managing Director) and Aparna Madhavan.
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 Dr No Xxi/64 North Fort Gate Tripunithura P O, Ernakulam, Kerala, India – 682301.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.91 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹30.39 Lakh (net margin 1%) and EBITDA of ₹3.24 Cr (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 11% over five years.
The company has about 110 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹29.01 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devihospital.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressDr No Xxi/64 North Fort Gate Tripunithura P O, Ernakulam, Kerala, India – 682301
- IndustryHealthcare, Hospitals
- 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 Hospital Private Limited
The main business activity of Devi Hospital is hospital and medical care. In detail, this covers hospital activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q1 | Hospital 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.
Financials of Devi Hospital Private Limited FY 2025 filings available
Devi Hospital Private Limited reported revenue of ₹30.91 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Devi Hospital Private Limited
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 38% 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 Hospital 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 | ₹3.24 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹30.39 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 Hospital Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 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 Devi Hospital 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 Hospital Private Limited
Devi Hospital has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aparna Madhavan | Director | 30 May 2005 | 21 Years 4 Months | Current |
| Deepak Madhavan | Managing Director | 30 May 2005 | 21 Years 4 Months | Current |
| Dinesh Madhavan | Director | 30 May 2005 | 21 Years 4 Months | Current |
| Nirmala Madhavan Also directs: Mist Valley Resorts Pvt Ltd | Director | 30 May 2005 | 21 Years 4 Months | Current |
Peer Comparison of Devi Hospital Private Limited
Devi Hospital Private Limited is compared with the companies closest to it by revenue in the Healthcare industry (Multi Specialty Hospitals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| DMR Hospitals Private Limited | ₹31.18 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | New Delhi, Delhi, India |
| Oxygen Medicare (Cancer Care) Private Limited | ₹31.15 Cr (FY 2021) | •••• | •••• | 34.0% | •••• | Hyderabad, Telangana, India |
| Murlax Enterprises Private Limited | ₹31.1 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Bareilly, Uttar Pradesh, India |
| Charm Healthcare Private Limited | ₹31.04 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Ernakulam, Kerala, India |
| Heart Hospital Private Limited | ₹30.97 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Patna, Bihar, India |
| Devi Hospital Private Limited this company | ₹30.91 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Ernakulam, Kerala, India |
| Marblecity Hospital and Research Centre Private Limited | ₹30.82 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Jabalpur, Madhya Pradesh, India |
| Sun Hospital Private Limited | ₹30.77 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Cuttack, Odisha, India |
| Belenus Champion Hospitals Private Limited | ₹30.69 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Bangalore, Karnataka, India |
| MHC Health Care Private Limited | ₹30.67 Cr (FY 2025) | •••• | •••• | 94.0% | •••• | Kozhikode, Kerala, India |
| City Central Hospital Private Limited | ₹30.66 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Davengere, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Devi Hospital by revenue in the Healthcare industry (Multi Specialty Hospitals), 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 Hospital Private Limited
Devi Hospital Private Limited is audited by R. KRISHNA IYER & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R. KRISHNA IYER & Co | 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 Hospital 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 Hospital Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Sep 2025 | The South Indian Bank Limited | ₹16.5 Cr | Open |
| 04 Mar 2025 | Hdfc Bank Limited | ₹1.8 Cr | Open |
| 03 Aug 2024 | Hdfc Bank Limited | ₹30 Lakh | Open |
| 18 Oct 2023 | Hdfc Bank Limited | ₹6 Lakh | Open |
| 03 Jul 2023 | Hdfc Bank Limited | ₹4.98 Cr | Open |
Total charge records: 21 View all charges
Legal Cases of Devi Hospital Private Limited
Devi Hospital Private Limited has 4 court cases on record: 3 filed by Devi Hospital, 1 where it is another party. 2 cases are pending and 2 are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Writ petition | Filed by the company against an individual | Pending |
| High Court of Kerala | Writ petition | Filed by the company against Kerala Shops and Commercial Establishment Workers Welfare Fund Board | Pending |
| High Court of Kerala | Writ petition | Company is another party | Disposed |
| High Court of Kerala | Writ petition | Filed by the company against State of Kerala | Disposed |
Full case history
All 4 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 Hospital Private Limited
Devi Hospital Private Limited has a workforce of 110 employees as of Apr 09, 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 Hospital Private Limited
Devi Hospital Private Limited has 6 board changes on record since 2005: 4 appointments and 2 cessations. The latest: Deepak Madhavan ceased to be Director on 29 Oct 2023.
20 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Devi Hospital 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 Hospital 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 Hospital 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 Hospital Private Limited
Devi Hospital has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AACCD2226L1ZZ | Kerala | 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 Hospital 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 Devi Hospital Private Limited
Devi Hospital is an active private limited company based in Ernakulam, Kerala, India. The company works in hospitals, within the healthcare industry. It was incorporated on 30 May 2005 (21+ years old) and is registered under CIN U85110KL2005PTC018242.
Devi Hospital reported revenue of ₹30.91 Cr for FY 2025 (down 3% YoY).
Devi Hospital has 4 current directors:
- Deepak Madhavan - Managing Director
- Aparna Madhavan - Director
- Dinesh Madhavan - Director
- Nirmala Madhavan - Director
Devi Hospital reported a net profit of ₹30.39 Lakh (net margin 1%) and EBITDA of ₹3.24 Cr (EBITDA margin 10.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devi Hospital is 13% over three years and 11% over five years. In the latest year (FY 2025) revenue fell 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devi Hospital is 32AACCD2226L1ZZ, registered in Kerala.
The CIN (Corporate Identification Number) of Devi Hospital is U85110KL2005PTC018242. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devi Hospital has 4 court cases on record: 3 filed by the company. 2 are pending.
Devi Hospital was incorporated on 30 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Devi Hospital by revenue are DMR Hospitals Private Limited, Oxygen Medicare (Cancer Care) Private Limited, Murlax Enterprises Private Limited, Charm Healthcare Private Limited, Heart Hospital Private Limited and 5 more, all in the Healthcare industry (Multi Specialty Hospitals).
Deepak Madhavan ceased to be Director on 29 Oct 2023. Madhavan ceased to be Managing Director on 08 Oct 2023. Aparna Madhavan was appointed as Director on 30 May 2005. Devi Hospital has 6 board changes on record in total.