Devidoll Exports Private Limited
About Devidoll Exports Private Limited
Data last updated:
Devidoll Exports Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 27 November 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36910MH1991PTC064190. Its GSTIN is 27AAACD5693D2ZN (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10.93 Cr and a paid-up capital of ₹6.13 Cr. It was formerly known as Devidoll Jewellery Private Limited and Aatam Gems Bombay Private Limited. It is led by directors including Lalitbhai Chunilal Adani and Paresh Pethani.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Shop No. 1 Mezzanine Floor Navkar Plaza Bajaj Road Vile Parle West, Mumbai, Maharashtra, India – 400056.
As per the financials filed for FY 2021, the company reported a revenue of ₹36.33 Cr. For the same year it recorded a net profit of ₹15.48 Cr (net margin 42.6%) and EBITDA of ₹20.83 Cr (EBITDA margin 57.3%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years and 37% over five years.
As per MCA filings, the company has open charges of ₹130.61 Cr and satisfied charges of ₹56 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Name History of Devidoll Exports Private Limited
Devidoll Exports has undergone 3 name changes throughout its history. The company was previously known as Devidoll Jewellery Private Limited, Aatam Gems Bombay Private Limited, and M Suresh Exports Private Limited. The current legal name is Devidoll Exports Private Limited.
| Company Name | Status |
|---|---|
| Devidoll Exports Private Limited | Current |
| Devidoll Jewellery Private Limited | Previous |
| Aatam Gems Bombay Private Limited | Previous |
| M Suresh Exports Private Limited | Previous |
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressShop No. 1 Mezzanine Floor Navkar Plaza Bajaj Road Vile Parle West, Mumbai, Maharashtra, India – 400056
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
- 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 Devidoll Exports Private Limited
The main business activity of Devidoll Exports is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Devidoll Exports Private Limited FY 2021 filings available
Devidoll Exports Private Limited reported revenue of ₹36.33 Cr for FY 2021.
Compounded Annual Growth Rate (CAGR) of Devidoll Exports Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 37% over five years. EBITDA rose 10% 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 Devidoll Exports Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹36.33 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹20.83 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹15.48 Cr | •••• | •••• | •••• | •••• |
| 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 Devidoll Exports Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 57.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 42.6% | •••• | •••• | •••• | •••• |
| 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 Devidoll Exports 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 Devidoll Exports Private Limited
Devidoll Exports has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalitbhai Chunilal Adani Also directs: Bae Exports LLP, C I Jewels Private Limited, Adora Jewels (India) Private Limited and 5 more | Director | 03 Sep 1998 | 28 Years 1 Months | Current |
| Paresh Pethani | Director | 27 Dec 2013 | 12 Years 9 Months | Current |
| Manish Rameshchandra Pethani | Director | 03 Sep 1998 | 28 Years 1 Months | Current |
Peer Comparison of Devidoll Exports Private Limited
Devidoll Exports Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Radiance Agency Private Limited | ₹39.87 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Kishanganj, Delhi, India |
| M. D. Ornaments Private Limited | ₹39.81 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Kolkata, West Bengal, India |
| Hare Krishna Gems & Jewels Private Limited | ₹39.71 Cr (FY 2025) | •••• | •••• | 667.0% | •••• | Varanasi, Uttar Pradesh, India |
| Vaarahi World of Gold (OPC) Private Limited | ₹39.68 Cr (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Jaikaay Tradeventure Private Limited | ₹39.6 Cr (FY 2024) | •••• | •••• | 80.0% | •••• | Kolkata, West Bengal, India |
| Ziva Jewellery Private Limited | ₹39.35 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Prabhu Sarraaf Private Limited | ₹39.3 Cr (FY 2025) | •••• | •••• | 115.0% | •••• | Delhi, India |
| Remotebullion & Jewels Private Limited | ₹39.28 Cr (FY 2025) | •••• | •••• | 57.0% | •••• | Delhi, India |
| Beeline Impex Private Limited | ₹39.28 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
| Manan Trading Company Private Limited | ₹39.19 Cr (FY 2025) | •••• | •••• | 404430.0% | •••• | Mumbai, Maharashtra, India |
| Devidoll Exports Private Limited this company | ₹36.33 Cr (FY 2021) | •••• | •••• | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Devidoll Exports by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), 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 Devidoll Exports Private Limited
Devidoll Exports Private Limited is audited by JAIN & KACHHAWAHA for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAIN & KACHHAWAHA | 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 Devidoll Exports 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 Devidoll Exports Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Sep 2020 | Bank of India | ₹1.65 Cr | Open |
| 28 Aug 2020 | State Bank of India | ₹4.4 Cr | Open |
| 22 Dec 2016 | State Bank of India | ₹116 Cr | Open |
| 25 Mar 2004 | L Bank of India | ₹5 Cr | Open |
| 30 Jan 2001 | L Bank of India | ₹2.5 Cr | Open |
Total charge records: 8 View all charges
Legal Cases of Devidoll Exports Private Limited
Devidoll Exports Private Limited has 3 court cases on record: 2 filed by Devidoll Exports, 1 filed against it. All cases are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by Principal Commissioner of Income Tax-10,Mumbai | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
Full case history
All 3 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 Devidoll Exports Private Limited
Employment history and EPFO contributions of people linked to Devidoll Exports.
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.
Group Structure of Devidoll Exports Private Limited
Devidoll Exports has 10 associated companies. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
Recent Activity on Devidoll Exports Private Limited
Devidoll Exports Private Limited has 5 board changes on record since 1998: 3 appointments and 2 cessations. The latest: Paresh Pethani was appointed as Director on 27 Dec 2013.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Devidoll Exports 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 Devidoll Exports 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 Devidoll Exports 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 Devidoll Exports Private Limited
Devidoll Exports has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACD5693D2ZN | Maharashtra | Active | 22 Jan 2020 |
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 Devidoll Exports 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 Devidoll Exports Private Limited
Devidoll Exports is an active private limited company based in Mumbai, Maharashtra, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 27 November 1991 (35+ years old) and is registered under CIN U36910MH1991PTC064190.
Devidoll Exports reported revenue of ₹36.33 Cr for FY 2021.
Devidoll Exports has 3 current directors:
- Lalitbhai Chunilal Adani - Director
- Paresh Pethani - Director
- Manish Rameshchandra Pethani - Director
Devidoll Exports reported a net profit of ₹15.48 Cr (net margin 42.6%) and EBITDA of ₹20.83 Cr (EBITDA margin 57.3%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devidoll Exports is -51% over three years and -37% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devidoll Exports is 27AAACD5693D2ZN, registered in Maharashtra. 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 Devidoll Exports is U36910MH1991PTC064190. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devidoll Exports has 3 court cases on record: 2 filed by the company and 1 filed against it.
Devidoll Exports was incorporated on 27 November 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Devidoll Exports by revenue are Radiance Agency Private Limited, M. D. Ornaments Private Limited, Hare Krishna Gems & Jewels Private Limited, Vaarahi World of Gold (OPC) Private Limited, Jaikaay Tradeventure Private Limited and 5 more, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution).
Paresh Pethani was appointed as Director on 27 Dec 2013. Ashwinkumar Sumanlal Mehta ceased to be Director on 03 Oct 2010. Himanshu Kailas Shah ceased to be Director on 03 Oct 2010. Devidoll Exports has 5 board changes on record in total.