India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #626 P Brahmanandam & family ₹5,200 Cr
- #1,374 Nekkanti Naveena & family ₹1,600 Cr
Revenue · FY 2024
₹3,310.06 Cr
▲ 4% YoY
Net profit · FY 2024
₹357.41 Cr
Net margin 10.8%
EBITDA · FY 2024
₹524.81 Cr
EBITDA margin 15.9%
Authorised capital
₹18 Cr
Registered with MCA
Paid-up capital
₹11.71 Cr
Issued & subscribed
Open charges
₹142 Cr
Satisfied ₹108.4 Cr
Company age
34 yrs
Est. 1992
Employees · EPFO
929
Provident fund records
About Devi Sea Foods Limited
Data last updated:
Devi Sea Foods 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 26 March 1992 and has been in existence for over 34 years.
Its director P Brahmanandam and family are #626 among India's richest people (2026). Its director Nekkanti Naveena and family are #1,374 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U15122AP1992PLC094924.
The company has an authorised share capital of ₹18 Cr and a paid-up capital of ₹11.71 Cr. It is led by directors including Brahmanandam Potru (Managing Director) and Anthony John Kuttikat (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 2024. The registered office is at 50 – 1 – 51/1 A.S.R. Nagar Seethammadhara, Visakhapatnam, Andhra Pradesh, India – 530013.
As per the financials filed for FY 2024, the company reported a revenue of ₹3,310.06 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹357.41 Cr (net margin 10.8%) and EBITDA of ₹524.81 Cr (EBITDA margin 15.9%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 10% over five years.
The company has about 929 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹142 Cr and satisfied charges of ₹108.4 Cr on record. Court records list 13 cases involving the company, including 12 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website deviseafoods.com.
Company details
CIN U15122AP1992PLC094924
Registration Number 094924
Incorporation Date 26 March 1992
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
CIN history
Devi Sea Foods has one previous CIN (Corporate Identification Number): U15122TN1992PLC056131. The current CIN is U15122AP1992PLC094924, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15122AP1992PLC094924 | Current |
| U15122TN1992PLC056131 | Previous |
Key People
Brahmanandam Potru Managing Director Anthony John Kuttikat Whole-Time Director Suryavathi Potru Whole-Time Director Recognitions & Rankings of Devi Sea Foods
Contact details
Devi Sea Foods Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is deviseafoods.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address50 – 1 – 51/1 A.S.R. Nagar Seethammadhara, Visakhapatnam, Andhra Pradesh, India – 530013
- IndustryAgriculture, Fisheries & Aquaculture
To see the full contact details of Devi Sea Foods Limited, buy the company report.
Comprehensive company report
Devi Sea Foods 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 activities of Devi Sea Foods are agriculture, forestry, fishing and manufacturing. In detail, this covers fishing and aquaculture and food, beverages and tobacco products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A3 | Fishing and aquaculture | |
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Devi Sea Foods Limited, buy the company report.
Financials of Devi Sea Foods Limited
FY 2024 filings availableDevi Sea Foods Limited reported revenue of ₹3,310.06 Cr (up 4% YoY) for FY 2024.
Revenue · FY 2024
₹3,310.06 Cr ▲ 4%
Net profit · FY 2024
₹357.41 Cr margin 10.8%
EBITDA · FY 2024
₹524.81 Cr margin 15.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 15%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 19%
5 years · compounded
▲ 12%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 4% growth in the latest year. EBITDA rose 13% 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 |
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| EBITDA | ₹524.81 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹357.41 Cr | ||||
| Balance Sheet | |||||
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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 | 15.9% | ||||
| Net Profit Margin | 10.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Devi Sea Foods Limited, buy the company report.
Board of directors of Devi Sea Foods Limited
Devi Sea Foods has 8 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramod Ranjan Also directs: Oriental Hotels Limited, Coromandel Seafoods Private Limited, Thanor Pottery Private Limited and 5 more | Director | 30 Dec 2015 | 10 Years 9 Months | Current |
| Anthony John Kuttikat Also directs: Devee Horizon LLP | Whole-Time Director | 04 Aug 1997 | 29 Years 2 Months | Current |
| Trinath Gampa | Director | 30 Jan 2018 | 8 Years 8 Months | Current |
| Suryavathi Potru Also directs: Devee Horizon LLP, Devee Global Holdings Ifsc LLP | Whole-Time Director | 08 Dec 2020 | 5 Years 10 Months | Current |
| Rama Devi Potru Also directs: Devee Horizon LLP, Devee Global Holdings Ifsc LLP, Devee Superior Feeds Limited and 2 more | Whole-Time Director | 01 Jun 2005 | 21 Years 4 Months | Current |
| Naveena Nekkanti Also directs: Devee Horizon LLP, Devee Global Holdings Ifsc LLP, Devee Superior Feeds Limited and 1 more | Whole-Time Director | 14 Aug 2008 | 18 Years 2 Months | Current |
Showing 6 of 8 current directors. View all directors
Peer comparison
Devi Sea Foods Limited is compared with the 3 companies closest to it by revenue in the Agriculture industry (Fishing Industry), with the same principal business activity (fishing and aquaculture), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Devi Sea Foods Limitedthis company | ₹3,310.06 Cr (FY 2024) | ₹357.41 Cr | 10.8% | 4.0% | 929 | Visakhapatnam, Andhra Pradesh, India |
| Devi Fisheries Limited | ₹2,429.79 Cr (FY 2024) | -8.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Sandhya Marines Limited | ₹2,224.57 Cr (FY 2025) | 9.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Sagar Grandhi Exports Private Limited | ₹1,358.5 Cr (FY 2025) | 17.0% | Tamil Nadu, India |
To see the full peer comparison of Devi Sea Foods Limited, buy the company report.
Auditor
Devi Sea Foods Limited is audited by J V S L & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J V S L & ASSOCIATES | FY 2022 | 15002S |
Shareholding
The shareholding of Devi Sea Foods 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Devi Sea Foods Limited, buy the company report.
Charges & borrowings
Open charges
₹142 Cr
Satisfied charges
₹108.4 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jun 1992 | 80040171 | Others | ₹142 Cr | Open | |
| 14 Dec 2011 | 10327274 | Union Bank of India | ₹88.4 Cr | Satisfied | |
| 04 Aug 2005 | 90289513 | Union Bank of India | ₹10 Cr | Satisfied | |
| 14 Mar 2005 | 90288071 | Icici Bank Limited | ₹10 Cr | Satisfied |
To see the full charge records of Devi Sea Foods Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Devi Sea Foods Limited has 13 court cases on record: 12 filed by Devi Sea Foods, 1 filed against it. All cases are disposed.
Total cases
13
Filed by the company
12
Filed against the company
1
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Andhra Pradesh Central Power Distribution Corporation Ltd. and 5 others | Disposed |
| District court, Vizianagaram, Andhra Pradesh | Court case (MVOP) | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Commissioner of Income Tax-I and 4 others | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The Andhra Pradesh Electricity Regulatory Commission and 4 others | Disposed |
| High Court | Writ petition | Filed by the company against Andhra Pradesh Electricity Regulatory Commission, and 4 others | Disposed |
To see the full case history of Devi Sea Foods 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 Sea Foods Limited was last rated by Crisil on 30 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Jun 2021 |
To see the full credit ratings and regulatory alerts of Devi Sea Foods Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Devi Sea Foods Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Devi Sea Foods has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Devi Sea Foods Limited has a workforce of 929 employees on its EPFO records as of May 07, 2024, across 3 active EPFO establishments.
Employee count
929
Active EPFO establishments
3
Employee growth
7.77%
GST
No GST registration is on our record for Devi Sea Foods Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Devi Sea Foods Limited has 16 board changes on record since 1992: 8 appointments and 8 cessations. The latest: Mallikarjunudu Jasti ceased to be Director on 18 Feb 2025.
AGM
Devi Sea Foods Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 142.00 Cr registered on 26 Jun 1992 with Charge ID 80040171 was modified on 06 Mar 2025.
Ceased
Mallikarjunudu Jasti ceased to be Director.
Filing
Devi Sea Foods Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
Ceased
Lakshmi Narayana Kodidela ceased to be Director.
Appointed
Suryavathi Potru was appointed as Whole-Time Director.
Ceased
Sundar Raman Ajai Thotapalli ceased to be Director.
Appointed
Trinath Gampa was appointed as Director.
Ceased
Devaram Balaramy Ravireddy ceased to be Director.
Ceased
Pramod Ranjan ceased to be Additional Director.
Appointed
Pramod Ranjan was appointed as Director.
Charges
A charge registered on 14 Mar 2005 via Charge ID 90288071 with Icici Bank Limited was fully satisfied on 10 Sep 2014.
16 earlier events are in the company report.
News
Frequently asked questions
Devi Sea Foods 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 26 March 1992 (34+ years old) and is registered under CIN U15122AP1992PLC094924.
Devi Sea Foods has 8 current directors:
- Brahmanandam Potru - Managing Director
- Anthony John Kuttikat - Whole-Time Director
- Suryavathi Potru - Whole-Time Director
- Rama Devi Potru - Whole-Time Director
- Naveena Nekkanti - Whole-Time Director
- Sambasiva Rao Gadde - Whole-Time Director
- Pramod Ranjan - Director
- Trinath Gampa - Director
The latest financial statements of Devi Sea Foods on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Devi Sea Foods is U15122AP1992PLC094924. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devi Sea Foods has 13 court cases on record: 12 filed by the company and 1 filed against it. Most are in the high courts.
Devi Sea Foods was incorporated on 26 March 1992, making it 34+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Devi Sea Foods by revenue are Devi Fisheries Limited, Sandhya Marines Limited, Sagar Grandhi Exports Private Limited, all in the Agriculture industry (Fishing Industry), with the same principal business activity (fishing and aquaculture).
Mallikarjunudu Jasti ceased to be Director on 18 Feb 2025. Lakshmi Narayana Kodidela ceased to be Director on 29 Jan 2023. Suryavathi Potru was appointed as Whole-Time Director on 08 Dec 2020. Devi Sea Foods has 16 board changes on record in total.
Devi Sea Foods can be reached through the website deviseafoods.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
The registered office of Devi Sea Foods is at 50 – 1 – 511 A.S.R. Nagar Seethammadhara, Visakhapatnam, Andhra Pradesh, India – 530013.
Devi Sea Foods operates in the agriculture industry, in the fisheries and aquaculture segment.