MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-25-0001365
Devka Art Private Limited
Devka Art Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹53.45 Cr
▲ 27% YoY
Net loss · FY 2025
₹46.67 Lakh
Net margin -0.9%
EBITDA · FY 2025
₹1.55 Cr
EBITDA margin 2.9%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹14 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
55
Provident fund records
About Devka Art Private Limited
Data last updated:
Devka Art Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 24 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC287063. Its GSTIN is 27AAFCD8895A1ZF (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹10 Lakh. It is led by directors including Rohit Ravilal Furia and Rushabh Dinesh Furia.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹53.45 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net loss of ₹46.67 Lakh (net margin -0.9%) and EBITDA of ₹1.55 Cr (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 4% over five years.
The company has about 55 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹14 Cr on record. Court records list 12 cases involving the company, including 12 filed by the company; 4 cases are pending.
Devka Art Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-25-0001365). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74999MH2016PTC287063
Registration Number 287063
Incorporation Date 24 October 2016
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-25-0001365
Recognitions & Rankings of Devka Art
Contact details
Devka Art Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC – 2/3/4/5 Jaswanti Allied Business Centre Ramchandra Lane Extension Kachpada Mal, Ad West, Mumbai, Maharashtra, India – 400064
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Devka Art Private Limited, buy the company report.
Comprehensive company report
Devka Art 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Devka Art is manufacturing. In detail, this covers manufacture of textiles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 13 | Manufacture of textiles |
To see the full business activity and turnover split of Devka Art Private Limited, buy the company report.
Financials of Devka Art Private Limited
FY 2024 filings availableDevka Art Private Limited reported revenue of ₹53.45 Cr (up 27% YoY) for FY 2025.
Revenue · FY 2025
₹53.45 Cr ▲ 27%
Net loss · FY 2025
₹46.67 Lakh margin -0.9%
EBITDA · FY 2025
₹1.55 Cr margin 2.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 7%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 63%
3 years · compounded
▼ 11%
5 years · compounded
▲ 2%
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 27% growth in the latest year. EBITDA fell 63% 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 | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.55 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹46.67 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.9% | ||||
| Net Profit Margin | -0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Devka Art Private Limited, buy the company report.
Board of directors of Devka Art Private Limited
Devka Art has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Ravilal Furia Also directs: Anugrah Ethnic Private Limited, Fluid Fashion Private Limited | Director | 24 Oct 2016 | 10 Years 0 Months | Current |
| Rushabh Dinesh Furia Also directs: Anugrah Ethnic Private Limited, Fluid Fashion Private Limited | Director | 24 Oct 2016 | 10 Years 0 Months | Current |
| Dinesh Bhimshi Furia | Director | 24 Oct 2016 | 10 Years 0 Months | Current |
| Ramesh Ravilal Faria Also directs: RVD Design Private Limited, Anugrah Ethnic Private Limited, Fluid Fashion Private Limited and 1 more | Director | 24 Oct 2016 | 10 Years 0 Months | Current |
Auditor
Devka Art Private Limited is audited by N N THAKKER AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N N THAKKER AND ASSOCIATES | FY 2023 | 140635 |
Shareholding
The shareholding of Devka Art 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 Devka Art Private Limited, buy the company report.
Charges & borrowings
Open charges
₹14 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2025 | 101070605 | Others | ₹10.5 Cr | Open | |
| 12 Oct 2018 | 100216187 | Others | ₹3.5 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Devka Art Private Limited has 12 court cases on record: 12 filed by Devka Art. 4 cases are pending and 8 are disposed.
Total cases
12
Filed by the company
12
Pending
4
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 0 | 4 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Mayasheel Retail India Limited and 7 others | Pending |
| High Court, MAHARASHTRA | Court case (CPCD) | Filed by the company against T.S. Clothing Pvt.Ltd. and 2 Ors and 2 others | Disposed |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against T.S. Clothing Pvt.Ltd. | Disposed |
| High Court, MAHARASHTRA | Commercial suit | Filed by the company against T.S. Clothing Pvt.Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against M/S T.S.Clothing Pvt Ltd and 2 Ors | Disposed |
To see the full case history of Devka Art Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Devka Art Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Devka Art has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Anugrah Ethnic Private Limited | U17299MH2022PTC387924 |
To see the full group structure of Devka Art Private Limited, buy the company report.
Employees & EPFO
Devka Art Private Limited has a workforce of 55 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
55
Active EPFO establishments
1
Employee growth
-16.67%
GST
Devka Art has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCD8895A1ZF | Maharashtra | Active | 19 Mar 2018 |
| 24AAFCD8895A1ZL | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Devka Art Private Limited, buy the company report.
Recent activity
Devka Art Private Limited has 4 board changes on record since 2016: 4 appointments. The latest: Dinesh Bhimshi Furia was appointed as Director on 24 Oct 2016.
Charges
A charge with Others amounted to Rs. 10.50 Cr with Charge ID 101070605 was registered on 25 Mar 2025.
AGM
Devka Art Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Devka Art Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 3.50 Cr with Charge ID 100216187 was registered on 12 Oct 2018.
Appointed
Dinesh Bhimshi Furia was appointed as Director.
Appointed
Ramesh Ravilal Faria was appointed as Director.
Appointed
Rohit Ravilal Furia was appointed as Director.
Appointed
Rushabh Dinesh Furia was appointed as Director.
Incorporation
24 Oct 2016
Devka Art Private Limited was registered on 24 Oct 2016 with Roc Mumbai & aged 10 years 14 days as per MCA records.
Frequently asked questions
Devka Art is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 24 October 2016 (10+ years old) and is registered under CIN U74999MH2016PTC287063.
Devka Art has 4 current directors:
- Rohit Ravilal Furia - Director
- Rushabh Dinesh Furia - Director
- Dinesh Bhimshi Furia - Director
- Ramesh Ravilal Faria - Director
The latest financial statements of Devka Art on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Devka Art is 27AAFCD8895A1ZF, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAFCD8895A1ZL (Gujarat).
The CIN (Corporate Identification Number) of Devka Art is U74999MH2016PTC287063. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devka Art has 12 court cases on record: 12 filed by the company. 4 are pending. Most are in the district courts.
Devka Art was incorporated on 24 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Dinesh Bhimshi Furia was appointed as Director on 24 Oct 2016. Ramesh Ravilal Faria was appointed as Director on 24 Oct 2016. Rohit Ravilal Furia was appointed as Director on 24 Oct 2016. Devka Art has 4 board changes on record in total.
Yes, Devka Art is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-25-0001365).
The registered office of Devka Art is at C – 2345 Jaswanti Allied Business Centre Ramchandra Lane Extension Kachpada Mal, Ad West, Mumbai, Maharashtra, India – 400064.
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