Devine Developers Private Limited
About Devine Developers Private Limited
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Devine Developers Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 14 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45208MH2008PTC177784.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors Sandeep Manikrao Sawant and Rajshree Rajeev Jadhav.
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 Navi Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.06 Lakh, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹1.05 Lakh (net margin 50.7%) and EBITDA of ₹1.4 Lakh (EBITDA margin 68%). Revenue has declined at a compounded annual rate (CAGR) of 10% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Devine Developers Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No – 2 1st Floor Near D – Mart Blacksmith Cottage Plot No – 10 Sector – 21 Nerul Navi Mumba, I, Navi Mumbai, Maharashtra, India – 400706
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Devine Developers Private Limited, buy the company report.
- 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
Business activity
The main business activity of Devine Developers is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Devine Developers Private Limited, buy the company report.
Financials of Devine Developers Private Limited
FY 2025 filings availableDevine Developers Private Limited reported revenue of ₹2.06 Lakh (up 32% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 32% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA rose 28% 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 | ₹1.4 Lakh | ||||
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| Net Profit (PAT) | ₹1.05 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 68% | ||||
| Net Profit Margin | 50.7% | ||||
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To see the full financial statements and ratios of Devine Developers Private Limited, buy the company report.
Board of directors of Devine Developers Private Limited
Devine Developers has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Manikrao Sawant | Director | 14 Jan 2008 | 18 Years 9 Months | Current |
| Rajshree Rajeev Jadhav Also directs: VHM Impex LLP, Mother Nature Trading LLP, Grassland Industries Private Limited and 1 more | Director | 14 Jan 2008 | 18 Years 9 Months | Current |
Auditor
Devine Developers Private Limited is audited by BHAGWAN SOMANI & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHAGWAN SOMANI & CO | FY 2018 | 128447W |
Shareholding
The shareholding of Devine Developers Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Devine Developers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Devine Developers 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 Devine Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Devine Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Devine Developers Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Sandeep Manikrao Sawant ceased to be Managing Director on 16 Jun 2018.
Frequently asked questions
Devine Developers is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 14 January 2008 (18+ years old) and is registered under CIN U45208MH2008PTC177784.
Devine Developers has 2 current directors:
- Sandeep Manikrao Sawant - Director
- Rajshree Rajeev Jadhav - Director
The latest financial statements of Devine Developers 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 CIN (Corporate Identification Number) of Devine Developers is U45208MH2008PTC177784. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devine Developers was incorporated on 14 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Sandeep Manikrao Sawant ceased to be Managing Director on 16 Jun 2018. Rajshree Rajeev Jadhav was appointed as Director on 14 Jan 2008. Sandeep Manikrao Sawant was appointed as Director on 14 Jan 2008.
The registered office of Devine Developers is at Flat No – 2 1st Floor Near D – Mart Blacksmith Cottage Plot No – 10 Sector – 21 Nerul Navi Mumba, I, Navi Mumbai, Maharashtra, India – 400706.
Devine Developers operates in the financial services industry, in the real estate financing segment.
The compliance status of Devine Developers is compliant as of 27 August 2026. The company is actively filing with the Registrar of Companies.
Devine Developers can be reached at its registered office: Flat No – 2 1st Floor Near D – Mart Blacksmith Cottage Plot No – 10 Sector – 21 Nerul Navi Mumba, I, Navi Mumbai, Maharashtra, India – 400706.
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