About Devi Polymers Private Limited
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Devi Polymers Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 22 July 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24294TN1983PTC010198. Its GSTIN is 33AAACD1779J1ZN (Tamil Nadu).
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹6.91 Cr. It is led by directors including Natarajan Perumalchettiar and Govindaraju Chandrasekar.
Its last annual general meeting (AGM) was held on 15 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹101.56 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹13.85 Lakh (net margin 0.1%) and EBITDA of ₹10.3 Cr (EBITDA margin 10.1%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 1% over five years.
The company has about 174 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Devi Polymers. As per MCA filings, the company has open charges of ₹77.4 Cr and satisfied charges of ₹45.85 Cr on record. Court records list 34 cases involving the company, including 12 filed by the company and 22 filed against it; 2 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in December 2021. Its 5 peer companies in the Manufacturing industry (Plastic Based Products, Polymers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 3 larger and 2 smaller; the largest is Fresh Pet Private Limited with revenue of ₹102.36 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 devipolymers.com.
Company details
Contact details
Devi Polymers Private Limited's registered office is in Chennai, Tamil Nadu. Its website is devipolymers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressD – 28 Industrial Estate, Ambattur, Chennai, Tamil Nadu, India – 600058
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Devi Polymers Private Limited, buy the company report.
- 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
Brands
Devi Polymers operates one associated brand: Devi Polymers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of SMC, DMC, and BMC compounds for electrical, electronic, and automotive applications in India. | devipolymers.com |
Business activity
The main business activity of Devi Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Devi Polymers Private Limited, buy the company report.
Financials of Devi Polymers Private Limited
FY 2025 filings availableDevi Polymers Private Limited reported revenue of ₹101.56 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 2% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA fell 3% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹10.3 Cr | ||||
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| Net Profit (PAT) | ₹13.85 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.1% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Devi Polymers Private Limited, buy the company report.
Board of directors of Devi Polymers Private Limited
Devi Polymers has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Natarajan Perumalchettiar | Director | 30 Mar 1989 | 37 Years 7 Months | Current |
| Govindaraju Chandrasekar | Director | 01 Apr 2015 | 11 Years 7 Months | Current |
| Praveen Kumar Mohanram | Director | 07 May 2025 | 1 Years 6 Months | Current |
| Krishnaswamy Nanjappa Krishnaswamy Venkateswarankrishnaswamy | Director | 07 May 2025 | 1 Years 6 Months | Current |
Peer comparison
Devi Polymers Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products, Polymers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fresh Pet Private Limited | ₹102.36 Cr (FY 2025) | 26.0% | New Delhi, Delhi, India | |||
| Sahil Enterprises India Private Limited | ₹102.16 Cr (FY 2025) | 68.0% | Mumbai, Maharashtra, India | |||
| GB Pack Private Limited | ₹101.92 Cr (FY 2025) | 27.0% | Mumbai, Maharashtra, India | |||
| Devi Polymers Private Limitedthis company | ₹101.56 Cr (FY 2025) | ₹13.85 Lakh | 0.1% | 2.0% | Chennai, Tamil Nadu, India | |
| Deep Polymers Limited | ₹100.91 Cr (FY 2025) | -6.0% | Gandhinagar, Gujarat, India | |||
| Kaveri Ultra Polymers Private Limited | ₹100.8 Cr (FY 2025) | 4.0% | Karnataka, India |
To see the full peer comparison of Devi Polymers Private Limited, buy the company report.
Auditor
Devi Polymers Private Limited is audited by M.S.KRISHNASWAMI & RAJAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.S.KRISHNASWAMI & RAJAN | FY 2023 | 01554S |
Shareholding
The shareholding of Devi Polymers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Devi Polymers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2024 | 101034401 | Others | ₹49.6 Cr | Open | |
| 19 Dec 2024 | 101039093 | Others | ₹24.4 Cr | Open | |
| 08 Feb 2024 | 100883129 | Hdfc Bank Limited | ₹16.88 Lakh | Open | |
| 08 Feb 2024 | 100891749 | Hdfc Bank Limited | ₹95 Lakh | Open | |
| 03 Feb 2024 | 100883123 | Hdfc Bank Limited | ₹25 Lakh | Open |
To see the full charge records of Devi Polymers Private Limited, buy the company report.
Total charge records: 19 View all charges
Deals & funding
Devi Polymers Private Limited has 3 deals on record (3 secondary share transfers); the latest was in December 2021.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Devi Polymers Private Limited has 34 court cases on record: 12 filed by Devi Polymers, 22 filed against it. 2 cases are pending and 32 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 25 | 18 | 2 |
| District courts | 6 | 3 | 0 |
| Supreme Court | 3 | 1 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (OSA) | Filed against the company by Hotel Blue Lines (P) Ltd | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by Hotel Blue Lines (P) Ltd | Disposed |
| Madras High Court | Civil suit | Filed against the company | Pending |
| Madras High Court | Original application | Filed against the company | Pending |
| High Court, TAMIL NADU | Writ petition | Filed against the company by an individual | Disposed |
To see the full case history of Devi Polymers Private Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Devi Polymers Private Limited was last rated by Crisil on 25 Nov 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 25 Nov 2019 |
To see the full credit ratings and regulatory alerts of Devi Polymers Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Devi Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Devi Polymers has 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
GST
Devi Polymers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACD1779J1ZN | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Devi Polymers Private Limited, buy the company report.
Recent activity
Devi Polymers Private Limited has 22 board changes on record since 1983: 13 appointments and 9 cessations. The latest: Krishnaswamy Nanjappa Krishnaswamy Venkateswarankrishnaswamy was appointed as Director on 07 May 2025.
52 earlier events are in the company report.
Frequently asked questions
Devi Polymers is an active private limited company based in Chennai, Tamil Nadu, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 22 July 1983 (43+ years old) and is registered under CIN U24294TN1983PTC010198.
Devi Polymers has 4 current directors:
- Natarajan Perumalchettiar - Director
- Govindaraju Chandrasekar - Director
- Praveen Kumar Mohanram - Director
- Krishnaswamy Nanjappa Krishnaswamy Venkateswarankrishnaswamy - Director
The latest financial statements of Devi Polymers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 October 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Devi Polymers is 33AAACD1779J1ZN, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Devi Polymers is U24294TN1983PTC010198. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devi Polymers has 34 court cases on record: 12 filed by the company and 22 filed against it. 2 are pending. Most are in the high courts.
Devi Polymers was incorporated on 22 July 1983, making it 43+ years old. It is registered with the Registrar of Companies, Chennai.
Devi Polymers has 3 deals on record (3 secondary share transfers); the latest was in December 2021.
The peers of Devi Polymers by revenue are Fresh Pet Private Limited, Sahil Enterprises India Private Limited, GB Pack Private Limited, Deep Polymers Limited, Kaveri Ultra Polymers Private Limited, all in the Manufacturing industry (Plastic Based Products, Polymers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Krishnaswamy Nanjappa Krishnaswamy Venkateswarankrishnaswamy was appointed as Director on 07 May 2025. Praveen Kumar Mohanram was appointed as Director on 07 May 2025. Mohan Ram Nanjappa ceased to be Managing Director on 20 Apr 2025. Devi Polymers has 22 board changes on record in total.
Devi Polymers can be reached through the website devipolymers.com. Its registered office is in Chennai, Tamil Nadu, India.
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