MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0044698
Devika Fashion Private Limited
Devika Fashion Private Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹19.85 Cr
▼ 14% YoY
Net profit · FY 2025
₹9.76 Lakh
Net margin 0.5%
EBITDA · FY 2025
₹1.98 Cr
EBITDA margin 10%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹8.06 Lakh
Issued & subscribed
Open charges
₹4.77 Cr
Secured borrowings
Company age
23 yrs
Est. 2003
Directors on board
8
As per MCA filings
About Devika Fashion Private Limited
Data last updated:
Devika Fashion Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 16 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17111GJ2003PTC043351. Its GSTIN is 24AABCD9288K1Z7 (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹8.06 Lakh. It is led by directors including Kamalkishore Dulichand Chandak (Whole-Time Director) and Hitesh Chandak (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 2025. The registered office is at 1056 – 57 Annapurna Market Ringroad, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.85 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹9.76 Lakh (net margin 0.5%) and EBITDA of ₹1.98 Cr (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹4.77 Cr on record.
Devika Fashion Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0044698). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17111GJ2003PTC043351
Registration Number 043351
Incorporation Date 16 December 2003
ROC Ahmedabad
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-GJ-22-0044698
Key People
Kamalkishore Dulichand Chandak Whole-Time Director Hitesh Chandak Whole-Time Director Vandana Maheshkumar Chandak Director Recognitions & Rankings of Devika Fashion
Contact details
Devika Fashion Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1056 – 57 Annapurna Market Ringroad, Surat, Gujarat, India – 395002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Devika Fashion Private Limited, buy the company report.
Comprehensive company report
Devika Fashion 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 Devika Fashion is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Devika Fashion Private Limited, buy the company report.
Financials of Devika Fashion Private Limited
FY 2025 filings availableDevika Fashion Private Limited reported revenue of ₹19.85 Cr (down 14% YoY) for FY 2025.
Revenue · FY 2025
₹19.85 Cr ▼ 14%
Net profit · FY 2025
₹9.76 Lakh margin 0.5%
EBITDA · FY 2025
₹1.98 Cr margin 10%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 14%
3 years · compounded
▲ 4%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 80%
3 years · compounded
▲ 56%
5 years · compounded
▲ 26%
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA rose 80% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.98 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.76 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 Devika Fashion Private Limited, buy the company report.
Board of directors of Devika Fashion Private Limited
Devika Fashion has 8 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamalkishore Dulichand Chandak | Whole-Time Director | 14 Apr 2005 | 21 Years 6 Months | Current |
| Hitesh Chandak | Whole-Time Director | 23 Jun 2017 | 9 Years 4 Months | Current |
| Vandana Maheshkumar Chandak | Director | 21 Feb 2020 | 6 Years 8 Months | Current |
| Anuradha Ravi Chandak | Director | 21 Feb 2020 | 6 Years 8 Months | Current |
| Mamta Chandak | Director | 21 Feb 2020 | 6 Years 8 Months | Current |
| Kishorkumar Chandak | Director | 29 Jul 2025 | 1 Years 3 Months | Current |
Showing 6 of 8 current directors. View all directors
Peer comparison
Devika Fashion Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sunder Sizers Private Limited | ₹19.94 Cr (FY 2025) | 8.0% | Surat, Gujarat, India | |||
| Saurashtra Ginning Private Limited | ₹19.91 Cr (FY 2024) | 3.0% | Gariyadhar, Gujarat, India | |||
| Prabhudayal Polyster Private Limited | ₹19.87 Cr (FY 2025) | -20.0% | Mumbai, Maharashtra, India | |||
| Devika Fashion Private Limitedthis company | ₹19.85 Cr (FY 2025) | ₹9.76 Lakh | 0.5% | -14.0% | Surat, Gujarat, India | |
| Vedprakash Cotsyn India Private Limited | ₹19.82 Cr (FY 2018) | -20.0% | Mumbai, Maharashtra, India | |||
| Fusepro Interlinings Private Limited | ₹19.82 Cr (FY 2024) | -15.0% | New Delhi, Delhi, India |
To see the full peer comparison of Devika Fashion Private Limited, buy the company report.
Auditor
Devika Fashion Private Limited is audited by Deswal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deswal & Co. | FY 2023 | 114054W |
Shareholding
The shareholding of Devika Fashion 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 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 Devika Fashion Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.77 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jun 2020 | 100348374 | Others | ₹27 Lakh | Open | |
| 01 Jan 2008 | 10082892 | Others | ₹4.5 Cr | Open |
To see the full charge records of Devika Fashion Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Devika Fashion Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Devika Fashion Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Devika Fashion has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCD9288K1Z7 | Gujarat | Active | 05 Jul 2017 |
To see the full GST registrations and return filing status of Devika Fashion Private Limited, buy the company report.
Recent activity
Devika Fashion Private Limited has 14 board changes on record since 2003: 11 appointments and 3 cessations. The latest: Kishorkumar Chandak was appointed as Director on 29 Jul 2025.
AGM
Devika Fashion Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Kishorkumar Chandak was appointed as Director.
Appointed
Sudhadevi Chandak was appointed as Director.
Ceased
Ashokkumar Bhanwarlal Chandak ceased to be Whole-Time Director.
Ceased
Rajeshkumar Ishwarlal Chandak ceased to be Whole-Time Director.
Appointed
Rajnandini Chandak was appointed as Director.
Filing
Devika Fashion Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 450.00 Lakh registered on 01 Jan 2008 with Charge ID 10082892 was modified on 02 Aug 2024.
Charges
A charge with Others amounted to Rs. 27.00 Lakh with Charge ID 100348374 was registered on 09 Jun 2020.
Appointed
Anuradha Ravi Chandak was appointed as Director.
Appointed
Mamta Chandak was appointed as Director.
Appointed
Vandana Maheshkumar Chandak was appointed as Director.
8 earlier events are in the company report.
Frequently asked questions
Devika Fashion is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 16 December 2003 (23+ years old) and is registered under CIN U17111GJ2003PTC043351.
Devika Fashion has 8 current directors:
- Kamalkishore Dulichand Chandak - Whole-Time Director
- Hitesh Chandak - Whole-Time Director
- Vandana Maheshkumar Chandak - Director
- Anuradha Ravi Chandak - Director
- Mamta Chandak - Director
- Kishorkumar Chandak - Director
- Sudhadevi Chandak - Director
- Rajnandini Chandak - Director
The latest financial statements of Devika Fashion 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 Devika Fashion is 24AABCD9288K1Z7, registered in Gujarat.
The CIN (Corporate Identification Number) of Devika Fashion is U17111GJ2003PTC043351. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devika Fashion was incorporated on 16 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Devika Fashion by revenue are Sunder Sizers Private Limited, Saurashtra Ginning Private Limited, Prabhudayal Polyster Private Limited, Vedprakash Cotsyn India Private Limited, Fusepro Interlinings Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Kishorkumar Chandak was appointed as Director on 29 Jul 2025. Sudhadevi Chandak was appointed as Director on 29 Jul 2025. Ashokkumar Bhanwarlal Chandak ceased to be Whole-Time Director on 27 May 2025. Devika Fashion has 14 board changes on record in total.
Yes, Devika Fashion is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0044698).
The registered office of Devika Fashion is at 1056 – 57 Annapurna Market Ringroad, Surat, Gujarat, India – 395002.
Devika Fashion operates in the manufacturing industry, in the textile and fabric production segment.
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