About Devika Travels Private Limited
Data last updated:
Devika Travels Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the travel and tour services segment of the transport and logistics sector. It was incorporated on 19 June 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U63040PB1997PTC020090. Its GSTIN is 03AABCD6105F1ZC (Punjab).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Maninder Saggar and Narinder Kumar Saggar.
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 10 Hotel Sheba Complexferozpur Road Ludhiana, Punjab, India – 141001.
As per the financials filed for FY 2024, the company reported a revenue of ₹65.71 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹5.99 Lakh (net margin 9.1%) and EBITDA of ₹18.91 Lakh (EBITDA margin 28.8%). Revenue has grown at a compounded annual rate (CAGR) of 60% over three years and 13% over five years.
The company is associated with 1 brand: Devikatravels. As per MCA filings, the company has open charges of ₹74 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devikatravels.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address10 Hotel Sheba Complexferozpur Road Ludhiana, Punjab, India – 141001
- IndustryTransport and Logistics, Travel & Tour Services
- 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 Devika Travels Private Limited
The main business activity of Devika Travels is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation | 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 Devika Travels Private Limited FY 2025 filings available
Devika Travels Private Limited reported revenue of ₹65.71 Lakh (down 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Devika Travels Private Limited
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 26% 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 Devika Travels Private Limited
| 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 | ₹18.91 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.99 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 of Devika Travels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.1% | •••• | •••• | •••• | •••• |
| 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 Devika Travels 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.
Peer Comparison of Devika Travels Private Limited
Devika Travels Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Tour and Travel Operators, Travels). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Greatway Tours & Holidays Private Limited | ₹65.92 Lakh (FY 2025) | •••• | •••• | 147.0% | •••• | Puducherry, India |
| SND World Tourism Private Limited | ₹65.89 Lakh (FY 2024) | •••• | •••• | 11.0% | •••• | Pune, Maharashtra, India |
| Unicorn Tourism & Tours Services Private Limited | ₹65.88 Lakh (FY 2024) | •••• | •••• | -48.0% | •••• | Thane, Maharashtra, India |
| Riya Cabs & Trip Private Limited | ₹65.85 Lakh (FY 2024) | •••• | •••• | -22.0% | •••• | Patna, Bihar, India |
| Nexgen Travel Services Private Limited | ₹65.81 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| Devika Travels Private Limited this company | ₹65.71 Lakh (FY 2024) | •••• | •••• | -11.0% | •••• | Ludhiana, Punjab, India |
| Lone Tree Consultants Private Limited | ₹65.7 Lakh (FY 2024) | •••• | •••• | 22060.0% | •••• | Guwahati, Assam, India |
| JMD Vacations Private Limited | ₹65.64 Lakh (FY 2025) | •••• | •••• | 19.0% | •••• | Delhi, India |
| Kausalya Trip India Private Limited | ₹65.64 Lakh (FY 2020) | •••• | •••• | -47.0% | •••• | New Delhi, Delhi, India |
| Banjara Ventures Private Limited | ₹65.53 Lakh (FY 2020) | •••• | •••• | 171.0% | •••• | Navi Mumbai, Maharashtra, India |
| Ken Events & Sportz Company Private Limited | ₹65.39 Lakh (FY 2025) | •••• | •••• | 10.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Devika Travels by revenue in the Transport and Logistics industry (Tour and Travel Operators, Travels), 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 Devika Travels Private Limited
Devika Travels Private Limited is audited by WADHWA ARORA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| WADHWA ARORA & CO. | 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.
Board of Directors of Devika Travels Private Limited
Devika Travels has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maninder Saggar | Director | 01 Nov 2000 | 25 Years 11 Months | Current |
| Narinder Kumar Saggar | Director | 19 Jun 1997 | 29 Years 3 Months | Current |
Ownership and Shareholding of Devika Travels 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 Devika Travels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Dec 2022 | Others | ₹19 Lakh | Open |
| 13 Aug 1998 | Icici Banking Corp Ltd. | ₹27.5 Lakh | Open |
| 13 Aug 1998 | Icici Banking Corporation Limited | ₹27.5 Lakh | Open |
Total charge records: 3 View all charges
Legal Cases of Devika Travels Private Limited
Devika Travels Private Limited has 1 court case on record: 1 filed by Devika Travels. All case is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against an individual | Disposed |
Full case history
All 1 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.
Associated Brands with Devika Travels Private Limited
Devika Travels operates one associated brand: Devikatravels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| devikatravels.com |
Employees and EPFO Compliance at Devika Travels Private Limited
Employment history and EPFO contributions of people linked to Devika Travels.
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.
Recent Activity on Devika Travels Private Limited
Devika Travels Private Limited has 2 board changes on record since 1997: 2 appointments. The latest: Maninder Saggar was appointed as Director on 01 Nov 2000.
Credit Ratings, Litigation & Regulatory Alerts for Devika Travels 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 Devika Travels 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 Devika Travels 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 Devika Travels Private Limited
Devika Travels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCD6105F1ZC | Punjab | Active | 01 Jul 2017 |
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 Devika Travels 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 Devika Travels Private Limited
Devika Travels is an active private limited company based in Ludhiana, Punjab, India. The company works in travel and tour services, within the transport and logistics industry. It was incorporated on 19 June 1997 (29+ years old) and is registered under CIN U63040PB1997PTC020090.
Devika Travels reported revenue of ₹65.71 Lakh for FY 2024 (down 11% YoY).
Devika Travels has 2 current directors:
- Maninder Saggar - Director
- Narinder Kumar Saggar - Director
Devika Travels reported a net profit of ₹5.99 Lakh (net margin 9.1%) and EBITDA of ₹18.91 Lakh (EBITDA margin 28.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devika Travels is 60% over three years and 13% over five years. In the latest year (FY 2024) revenue fell 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devika Travels is 03AABCD6105F1ZC, registered in Punjab.
The CIN (Corporate Identification Number) of Devika Travels is U63040PB1997PTC020090. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devika Travels has 1 court case on record: 1 filed by the company.
Devika Travels was incorporated on 19 June 1997, making it 29+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Devika Travels by revenue are Greatway Tours & Holidays Private Limited, SND World Tourism Private Limited, Unicorn Tourism & Tours Services Private Limited, Riya Cabs & Trip Private Limited, Nexgen Travel Services Private Limited and 5 more, all in the Transport and Logistics industry (Tour and Travel Operators, Travels).
Maninder Saggar was appointed as Director on 01 Nov 2000. Narinder Kumar Saggar was appointed as Director on 19 Jun 1997.