MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0032508
Devise Electronics Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹9.6 Cr
▲ 10% YoY
Net profit · FY 2024
₹2.07 Lakh
Net margin 0.2%
EBITDA · FY 2024
₹41.13 Lakh
EBITDA margin 4.3%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹67.16 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
57
Provident fund records
About Devise Electronics Private Limited
Data last updated:
Devise Electronics Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 13 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2015PTC154671. Its GSTIN is 27AAFCD3158C1ZX (Maharashtra).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹67.16 Lakh. It is led by directors including Dhananjay Narayan Joshi and Shekhar Arun Malani.
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 S No 5 Plot No 4 Bavdhan Khurd Taluka Haveli, Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.6 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹2.07 Lakh (net margin 0.2%) and EBITDA of ₹41.13 Lakh (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years and 31% over five years.
The company has about 57 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Devise Electronics. As per MCA filings, the company has open charges of ₹1 Cr on record. The company has 1 deal on record (1 funding round), with disclosed funding of ₹66.2 Lakh; the latest was in March 2016. Its 10 peer companies in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.) are compared by revenue, 5 larger and 5 smaller; the largest is Virtual Tech Gurus India Private Limited with revenue of ₹9.71 Cr.
Devise Electronics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0032508). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website deviseelectronics.com.
Company details
CIN U74900PN2015PTC154671
Registration Number 154671
Incorporation Date 13 April 2015
ROC Pune
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-MH-26-0032508
Recognitions & Rankings of Devise Electronics
Contact details
Devise Electronics Private Limited's registered office is in Pune, Maharashtra. Its website is deviseelectronics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressS No 5 Plot No 4 Bavdhan Khurd Taluka Haveli, Pune, Maharashtra, India – 411001
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Devise Electronics Private Limited, buy the company report.
Comprehensive company report
Devise Electronics 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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Brands
Devise Electronics operates one associated brand: Devise Electronics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of engineering services for multiple industries | deviseelectronics.com |
Business activity
The main business activity of Devise Electronics is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Devise Electronics Private Limited, buy the company report.
Financials of Devise Electronics Private Limited
FY 2025 filings availableDevise Electronics Private Limited reported revenue of ₹9.6 Cr (up 10% YoY) for FY 2024.
Revenue · FY 2024
₹9.6 Cr ▲ 10%
Net profit · FY 2024
₹2.07 Lakh margin 0.2%
EBITDA · FY 2024
₹41.13 Lakh margin 4.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 55%
5 years · compounded
▲ 31%
EBITDA CAGR growth
1 year
▼ 18%
3 years · compounded
▲ 156%
5 years · compounded
▲ 9%
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 10% growth in the latest year. EBITDA fell 18% 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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| Total Expenses | |||||
| EBITDA | ₹41.13 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.07 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 4.3% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Devise Electronics Private Limited, buy the company report.
Board of directors of Devise Electronics Private Limited
Devise Electronics has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhananjay Narayan Joshi | Director | 05 Aug 2023 | 3 Years 3 Months | Current |
| Shekhar Arun Malani Also directs: Vroomble Services Private Limited | Director | 13 Apr 2015 | 11 Years 6 Months | Current |
| Amit Arvind Soman | Director | 13 Apr 2015 | 11 Years 6 Months | Current |
Peer comparison
Devise Electronics Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Virtual Tech Gurus India Private Limited | ₹9.71 Cr (FY 2024) | 48.0% | Salem, Tamil Nadu, India | |||
| Avm Infotech (India) Private Limited | ₹9.7 Cr (FY 2024) | 62.0% | Indore, Madhya Pradesh, India | |||
| Azoi Mobile Technologies Private Limited | ₹9.68 Cr (FY 2016) | 12.0% | Ahmedabad, Gujarat, India | |||
| Cloudtechtiq Technologies Private Limited | ₹9.62 Cr (FY 2025) | 44.0% | Jaipur, Rajasthan, India | |||
| Corecognitics Solutions Private Limited | ₹9.61 Cr (FY 2024) | 24.0% | Kozhikode, Kerala, India | |||
| Devise Electronics Private Limitedthis company | ₹9.6 Cr (FY 2024) | ₹2.07 Lakh | 0.2% | 10.0% | 57 | Pune, Maharashtra, India |
| Praadis Technologies (India) Private Limited | ₹9.59 Cr (FY 2024) | 129.0% | Bhopal, Madhya Pradesh, India | |||
| Salzer Technologies Limited | ₹9.58 Cr (FY 2025) | 25.0% | Chennai, Tamil Nadu, India | |||
| Yosicare Private Limited | ₹9.58 Cr (FY 2025) | 113.0% | Coimbatore, Tamil Nadu, India | |||
| Universys Technologies Private Limited | ₹9.57 Cr (FY 2025) | 35.0% | Chennai, Tamil Nadu, India | |||
| Xanthus Innovations Private Limited | ₹9.55 Cr (FY 2024) | 182.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Devise Electronics Private Limited, buy the company report.
Auditor
Devise Electronics Private Limited is audited by SARDA SONI ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SARDA SONI ASSOCIATES LLP | FY 2023 | 117235W/W100126 |
Shareholding
The shareholding of Devise Electronics 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 Devise Electronics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 May 2023 | 100730234 | Hdfc Bank Limited | ₹1 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Devise Electronics Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹66.2 Lakh; the latest was in March 2016.
Total deals
1
Funding round
1
Disclosed funding
₹66.2 Lakh
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Funding round | ₹66.2 Lakh | Investors: Ar2 Global, 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Devise Electronics 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 Devise Electronics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Devise Electronics Private Limited has a workforce of 57 employees on its EPFO records as of Mar 2025, across 1 active EPFO establishment.
Employee count
57
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2024-25 | 57 |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Devise Electronics Private Limited, buy the company report.
GST
Devise Electronics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCD3158C1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Devise Electronics Private Limited, buy the company report.
Recent activity
Devise Electronics Private Limited has 3 board changes on record since 2015: 3 appointments. The latest: Dhananjay Narayan Joshi was appointed as Director on 05 Aug 2023.
AGM
Devise Electronics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Devise Electronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Dhananjay Narayan Joshi was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 100.00 Lakh with Charge ID 100730234 was registered on 11 May 2023.
Appointed
Amit Arvind Soman was appointed as Director.
Appointed
Shekhar Arun Malani was appointed as Director.
Incorporation
13 Apr 2015
Devise Electronics Private Limited was registered on 13 Apr 2015 with Roc Pune & aged 11 years 7 months as per MCA records.
Frequently asked questions
Devise Electronics is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 13 April 2015 (11+ years old) and is registered under CIN U74900PN2015PTC154671.
Devise Electronics has 3 current directors:
- Dhananjay Narayan Joshi - Director
- Shekhar Arun Malani - Director
- Amit Arvind Soman - Director
The latest financial statements of Devise Electronics 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 FY 2016 are in the company report.
The GSTIN of Devise Electronics is 27AAFCD3158C1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Devise Electronics is U74900PN2015PTC154671. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devise Electronics was incorporated on 13 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.
Devise Electronics has 1 deal on record (1 funding round), with disclosed funding of ₹66.2 Lakh; the latest was in March 2016.
The peers of Devise Electronics by revenue are Virtual Tech Gurus India Private Limited, Avm Infotech (India) Private Limited, Azoi Mobile Technologies Private Limited, Cloudtechtiq Technologies Private Limited, Corecognitics Solutions Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Dhananjay Narayan Joshi was appointed as Director on 05 Aug 2023. Amit Arvind Soman was appointed as Director on 13 Apr 2015. Shekhar Arun Malani was appointed as Director on 13 Apr 2015.
Yes, Devise Electronics is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0032508).
Devise Electronics can be reached through the website deviseelectronics.com. Its registered office is in Pune, Maharashtra, India.
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