Devi Irrigation Systems Private Limited

Devi Irrigation Systems Private Limited - agriculture in Madurai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U74999TN2008PTC067914 Incorporated 27 May 2008 ROC Chennai HQ Madurai, Tamil Nadu, India
Active Private Limited Company agriculture MSME · Small
Data last updated
Revenue · FY 2024
₹21.5 Cr
▲ 46% YoY
Net profit · FY 2024
₹43.63 Lakh
Net margin 2%
EBITDA · FY 2024
₹1.67 Cr
EBITDA margin 7.8%
Authorised capital
₹4.75 Cr
Registered with MCA
Paid-up capital
₹4.74 Cr
Issued & subscribed
Open charges
₹12.5 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Employees · EPFO
14
Provident fund records

About Devi Irrigation Systems Private Limited

Data last updated:

Devi Irrigation Systems Private Limited is a private limited company based in Madurai, Tamil Nadu, India. It operates in the agri machinery and equipment segment of the agriculture sector. It was incorporated on 27 May 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2008PTC067914. Its GSTIN is 33AACCD9079P1Z0 (Tamil Nadu). The company holds 4 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹4.75 Cr and a paid-up capital of ₹4.74 Cr. It is led by directors including Theenachandran Rathinasamy (Managing Director) and Utham Theenachandran.

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 Devi House 281 – 4 Sivagangai Main Road Gomathipuram, Madurai, Tamil Nadu, India – 625020.

As per the financials filed for FY 2024, the company reported a revenue of ₹21.5 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹43.63 Lakh (net margin 2%) and EBITDA of ₹1.67 Cr (EBITDA margin 7.8%). Revenue has grown at a compounded annual rate (CAGR) of 12% over five years.

The company has about 14 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹12.5 Cr on record. Court records list 11 cases involving the company, including 11 filed by the company.

Devi Irrigation Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-12-0033007). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devicropscience.net.

Company details

CIN U74999TN2008PTC067914
Registration Number 067914
Incorporation Date 27 May 2008
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-12-0033007

Recognitions & Rankings of Devi Irrigation Systems

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-12-0033007

Contact details

Devi Irrigation Systems Private Limited's registered office is in Madurai, Tamil Nadu. Its website is devicropscience.net. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Devi House 281 – 4 Sivagangai Main Road Gomathipuram, Madurai, Tamil Nadu, India – 625020
  • Industry
    Agriculture, Agri Machinery & Equipment

To see the full contact details of Devi Irrigation Systems Private Limited, buy the company report.

Comprehensive company report
Devi Irrigation Systems Private Limited - one report that includes everything
  • 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

The main business activity of Devi Irrigation Systems is agriculture, forestry, fishing. In detail, this covers production of crops and animals.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
AAgriculture, forestry, fishingA1Production of crops and animals

To see the full business activity and turnover split of Devi Irrigation Systems Private Limited, buy the company report.

Financials of Devi Irrigation Systems Private Limited

FY 2024 filings available

Devi Irrigation Systems Private Limited reported revenue of ₹21.5 Cr (up 46% YoY) for FY 2024.

Revenue · FY 2024
₹21.5 Cr ▲ 46%
Net profit · FY 2024
₹43.63 Lakh margin 2%
EBITDA · FY 2024
₹1.67 Cr margin 7.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 46%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▼ 6%
5 years · compounded
▲ 5%

Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 46% growth in the latest year. EBITDA rose 5% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹1.67 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹43.63 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin7.8%
Net Profit Margin2%
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

To see the full financial statements and ratios of Devi Irrigation Systems Private Limited, buy the company report.

Board of directors of Devi Irrigation Systems Private Limited

Devi Irrigation Systems has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Theenachandran RathinasamyManaging Director27 May 200818 Years 4 MonthsCurrent
Utham TheenachandranDirector01 Apr 20197 Years 6 MonthsCurrent
Vasanthi TheenachandranDirector27 May 200818 Years 4 MonthsCurrent

Auditor

Devi Irrigation Systems Private Limited is audited by K SURESH KUMAR for the financial year 2023.

Auditor firmFinancial yearFirm registration number
K SURESH KUMARFY 2023216975

Shareholding

The shareholding of Devi Irrigation Systems Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Devi Irrigation Systems Private Limited, buy the company report.

Charges & borrowings

Open charges
₹12.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Canara Bank₹12.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 Aug 201210519977Canara Bank₹12.5 CrOpen

To see the full charge records of Devi Irrigation Systems Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Devi Irrigation Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Devi Irrigation Systems Private Limited has a workforce of 14 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
14
Active EPFO establishments
1
Employee growth
-17.65%

GST

Devi Irrigation Systems has 4 GST registrations: 1 active and 3 cancelled or inactive.

Total GSTINs
4
Active
1
Cancelled / inactive
3
GSTINStateStatusRegistered on
33AACCD9079P1Z0Tamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Devi Irrigation Systems Private Limited, buy the company report.

Recent activity

Devi Irrigation Systems Private Limited has 4 board changes on record since 2008: 3 appointments and 1 cessation. The latest: Utham Theenachandran ceased to be Additional Director on 31 Dec 2020.

AGM
Devi Irrigation Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Devi Irrigation Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Canara Bank of Rs. 12.50 Cr registered on 06 Aug 2012 with Charge ID 10519977 was modified on 24 Jul 2023.
Ceased
Utham Theenachandran ceased to be Additional Director.
Appointed
Utham Theenachandran was appointed as Director.
Charges
A charge with Canara Bank amounted to Rs. 12.50 Cr with Charge ID 10519977 was registered on 06 Aug 2012.
Appointed
Theenachandran Rathinasamy was appointed as Managing Director.
Appointed
Vasanthi Theenachandran was appointed as Director.
Incorporation
27 May 2008
Devi Irrigation Systems Private Limited was registered on 27 May 2008 with Roc Chennai & aged 18 years 5 months as per MCA records.

Frequently asked questions

Devi Irrigation Systems is an active private limited company based in Madurai, Tamil Nadu, India. The company works in agri machinery and equipment, within the agriculture industry. It was incorporated on 27 May 2008 (18+ years old) and is registered under CIN U74999TN2008PTC067914.

Devi Irrigation Systems has 3 current directors:

The latest financial statements of Devi Irrigation Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Devi Irrigation Systems is 33AACCD9079P1Z0, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.

The CIN (Corporate Identification Number) of Devi Irrigation Systems is U74999TN2008PTC067914. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Devi Irrigation Systems has 11 court cases on record: 11 filed by the company.

Devi Irrigation Systems was incorporated on 27 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chennai.

Utham Theenachandran ceased to be Additional Director on 31 Dec 2020. Utham Theenachandran was appointed as Director on 01 Apr 2019. Theenachandran Rathinasamy was appointed as Managing Director on 27 May 2008. Devi Irrigation Systems has 4 board changes on record in total.

Yes, Devi Irrigation Systems is registered as a small enterprise under Udyam registration (number: UDYAM-TN-12-0033007).

Devi Irrigation Systems can be reached through the website devicropscience.net. Its registered office is in Madurai, Tamil Nadu, India.