MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-12-0016039
Devi Powers Private Limited - consumer electronics & durables in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹29.67 Cr
▲ 28% YoY
Net profit · FY 2024
₹27.78 Lakh
Net margin 0.9%
EBITDA · FY 2024
₹54.45 Lakh
EBITDA margin 1.8%
Authorised capital
₹26 Lakh
Registered with MCA
Paid-up capital
₹25.96 Lakh
Issued & subscribed
Open charges
₹20 Lakh
Satisfied ₹1.86 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
19
Provident fund records
About Devi Powers Private Limited
Data last updated:
Devi Powers Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 26 March 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U31909PB1999PTC022393. Its GSTIN is 03AABCD5538N1ZK (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹25.96 Lakh. It is led by directors including Rajesh Katyal (Whole-Time Director) and Raghav Katyal.
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 Ludhiana, Punjab.
As per the financials filed for FY 2024, the company reported a revenue of ₹29.67 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹27.78 Lakh (net margin 0.9%) and EBITDA of ₹54.45 Lakh (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years and 19% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20 Lakh and satisfied charges of ₹1.86 Cr on record. Court records list 13 cases involving the company, including 2 filed by the company and 11 filed against it; 2 cases are pending.
Devi Powers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0016039). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devipowers.com.
Company details
CIN U31909PB1999PTC022393
Registration Number 022393
Incorporation Date 26 March 1999
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-12-0016039
Recognitions & Rankings of Devi Powers
Contact details
Devi Powers Private Limited's registered office is in Ludhiana, Punjab. Its website is devipowers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – Xix – 1348/46 – C/2D/A, Haibowal Khurd, Ludhiana, Punjab, India – 141001
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Devi Powers Private Limited, buy the company report.
Comprehensive company report
Devi Powers 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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Secure checkout · GST invoice included
Business activity
The main business activity of Devi Powers is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Devi Powers Private Limited, buy the company report.
Financials of Devi Powers Private Limited
FY 2025 filings availableDevi Powers Private Limited reported revenue of ₹29.67 Cr (up 28% YoY) for FY 2024.
Revenue · FY 2024
₹29.67 Cr ▲ 28%
Net profit · FY 2024
₹27.78 Lakh margin 0.9%
EBITDA · FY 2024
₹54.45 Lakh margin 1.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 44%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▼ 9%
5 years · compounded
▼ 10%
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 28% growth in the latest year. EBITDA rose 7% 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 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 | ₹54.45 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹27.78 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.8% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Powers Private Limited, buy the company report.
Board of directors of Devi Powers Private Limited
Devi Powers has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghav Katyal | Director | 12 May 2021 | 5 Years 5 Months | Current |
| Rajesh Katyal | Whole-Time Director | 26 Mar 1999 | 27 Years 6 Months | Current |
| Sunita Katyal | Director | 12 May 2021 | 5 Years 5 Months | Current |
Peer comparison
Devi Powers Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Knovedad Private Limited | ₹29.77 Cr (FY 2025) | 21.0% | New Delhi, Delhi, India | |||
| Atr Traders Private Limited | ₹29.71 Cr (FY 2022) | 8616.0% | Delhi, India | |||
| Devi Powers Private Limitedthis company | ₹29.67 Cr (FY 2024) | ₹27.78 Lakh | 0.9% | 28.0% | 19 | Ludhiana, Punjab, India |
| Jainsons India Private Limited | ₹29.58 Cr (FY 2024) | -14.0% | Delhi, India | |||
| Mundra Marketing Private Limited | ₹29.54 Cr (FY 2023) | -43.0% | Ratlam, Madhya Pradesh, India |
To see the full peer comparison of Devi Powers Private Limited, buy the company report.
Auditor
Devi Powers Private Limited is audited by PARMOD G GUPTA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARMOD G GUPTA & ASSOCIATES | FY 2023 | 018870N |
Shareholding
The shareholding of Devi Powers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Devi Powers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20 Lakh
Satisfied charges
₹1.86 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jul 2023 | 100764004 | Bank of India | ₹20 Lakh | Satisfied | |
| 29 Sep 2021 | 100499338 | Bank of India | ₹15 Lakh | Satisfied | |
| 08 Sep 2015 | 10594724 | Bank of India | ₹3.63 Lakh | Satisfied | |
| 16 Mar 2009 | 10154347 | Bank of India | ₹25 Lakh | Satisfied | |
| 30 May 2008 | 10109761 | Bank of India | ₹6 Lakh | Satisfied |
To see the full charge records of Devi Powers Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Devi Powers Private Limited has 13 court cases on record: 2 filed by Devi Powers, 11 filed against it. 2 cases are pending and 11 are disposed.
Total cases
13
Filed by the company
2
Filed against the company
11
Pending
2
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 11 | 2 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Silvassa, DNH at Silvasa | Commercial suit | Filed against the company by R R Kabel Ltd. | Disposed |
| District court, Central, Delhi | Criminal case | Filed against the company by Havells India Ltd | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by Wipro Enterprises Pvt.Limited | Disposed |
| District court, Silvassa, DNH at Silvasa | Court case (Spl. C. S.) | Filed against the company by R.R.Kabel Ltd. | Disposed |
| District court, South East, Delhi | Criminal case | Filed against the company by M/S Kei Industries Ltd. | Disposed |
To see the full case history of Devi Powers 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.
MSME payment delays
Devi Powers Private Limited has 3 MSME Form 1 returns on record between 2018 and 2019, listing 27 overdue payments to 12 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Unix Switchgear Private Limited | |||
| an individual supplier | |||
| Schangler Tubes | |||
| Rexel India Private Limited | |||
| Sandhu Automobiles Private Limited |
To see the full MSME payment records of Devi Powers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Devi Powers Private Limited has a workforce of 19 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
19
Active EPFO establishments
1
Employee growth
11.76%
GST
Devi Powers has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCD5538N1ZK | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Devi Powers Private Limited, buy the company report.
Recent activity
Devi Powers Private Limited has 10 board changes on record since 1999: 3 appointments and 7 cessations. The latest: Raghav Katyal ceased to be Additional Director on 30 Nov 2021.
AGM
Devi Powers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 14 Jul 2023 via Charge ID 100764004 with Bank Of India was fully satisfied on 18 Jun 2025.
Filing
Devi Powers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge registered on 29 Sep 2021 via Charge ID 100499338 with Bank Of India was fully satisfied on 23 Aug 2023.
Charges
A charge registered on 19 Mar 2003 via Charge ID 90311845 with Bank Of India was fully satisfied on 23 Aug 2023.
Charges
A charge with Bank Of India amounted to Rs. 20.00 Lakh with Charge ID 100764004 was registered on 14 Jul 2023.
Charges
A charge with Bank Of India of Rs. 97.00 Lakh registered on 19 Mar 2003 with Charge ID 90311845 was modified on 25 Mar 2023.
Charges
A charge registered on 08 Sep 2015 via Charge ID 10594724 with Bank Of India was fully satisfied on 11 Oct 2022.
Charges
A charge registered on 12 Mar 2003 via Charge ID 90311840 with Bank Of India was fully satisfied on 11 Oct 2022.
Ceased
Raghav Katyal ceased to be Additional Director.
Ceased
Sunita Katyal ceased to be Additional Director.
Charges
A charge with Bank Of India amounted to Rs. 15.00 Lakh with Charge ID 100499338 was registered on 29 Sep 2021.
21 earlier events are in the company report.
Frequently asked questions
Devi Powers is an active private limited company based in Ludhiana, Punjab, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 26 March 1999 (27+ years old) and is registered under CIN U31909PB1999PTC022393.
Devi Powers has 3 current directors:
- Rajesh Katyal - Whole-Time Director
- Raghav Katyal - Director
- Sunita Katyal - Director
The latest financial statements of Devi Powers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Devi Powers is 03AABCD5538N1ZK, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Devi Powers is U31909PB1999PTC022393. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devi Powers has 13 court cases on record: 2 filed by the company and 11 filed against it. 2 are pending.
Devi Powers was incorporated on 26 March 1999, making it 27+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Devi Powers by revenue are Knovedad Private Limited, Atr Traders Private Limited, Jainsons India Private Limited, Mundra Marketing Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Raghav Katyal ceased to be Additional Director on 30 Nov 2021. Sunita Katyal ceased to be Additional Director on 30 Nov 2021. Bhupesh Kumar Katyal ceased to be Whole-Time Director on 13 May 2021. Devi Powers has 10 board changes on record in total.
Yes, Devi Powers is registered as a small enterprise under Udyam registration (number: UDYAM-PB-12-0016039).
Devi Powers has 3 MSME Form 1 returns on record between 2018 and 2019, listing 27 overdue payments to 12 micro and small suppliers. The latest return was filed on 09 Jun 2019.
Devi Powers can be reached through the website devipowers.com. Its registered office is in Ludhiana, Punjab, India.