About Devkrut Engineers Private Limited
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Devkrut Engineers Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 29 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29308GJ2017PTC097605. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rakeshkumar Shah (Managing Director) and Uma Rakesh Shah (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 88 Gurukrupa Row House – 2 Panchvati Apartment Adajan Gam, Surat, Gujarat, India – 395009.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.38 Cr. For the same year it recorded a net profit of ₹2.34 Lakh (net margin 1%) and EBITDA of ₹4.36 Lakh (EBITDA margin 1.8%).
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.5 Cr on record. Court records list 22 cases involving the company, including 3 filed by the company and 19 filed against it; 12 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devkrut.com.
Company details
Contact details
Devkrut Engineers Private Limited's registered office is in Surat, Gujarat. Its website is devkrut.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address88 Gurukrupa Row House – 2 Panchvati Apartment Adajan Gam, Surat, Gujarat, India – 395009
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Devkrut Engineers 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 Devkrut Engineers is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Devkrut Engineers Private Limited, buy the company report.
Financials of Devkrut Engineers Private Limited
FY 2019 filings availableDevkrut Engineers Private Limited reported revenue of ₹2.38 Cr for FY 2018.
Financial Statement Summary
| Metrics | FY 2017-18 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹2.38 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹4.36 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹2.34 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 2017-18 |
|---|---|
| Profitability | |
| EBITDA Margin | 1.8% |
| Net Profit Margin | 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 | |
To see the full financial statements and ratios of Devkrut Engineers Private Limited, buy the company report.
Board of directors of Devkrut Engineers Private Limited
Devkrut Engineers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakeshkumar Shah | Managing Director | 29 May 2017 | 9 Years 5 Months | Current |
| Uma Rakesh Shah | Managing Director | 29 May 2017 | 9 Years 5 Months | Current |
Peer comparison
Devkrut Engineers Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Las-Tronics Technology Private Limited | ₹2.39 Cr (FY 2025) | -11.0% | Ahmedabad, Gujarat, India | |||
| M V Agro Engineers Private Limited | ₹2.39 Cr (FY 2024) | -57.0% | Faridabad, Haryana, India | |||
| Devkrut Engineers Private Limitedthis company | ₹2.38 Cr (FY 2018) | ₹2.34 Lakh | 1% | 17 | Surat, Gujarat, India | |
| Sab Dairy Machinery Private Limited | ₹2.37 Cr (FY 2024) | 73.0% | Chennai, Tamil Nadu, India | |||
| Novanative India Private Limited | ₹2.37 Cr (FY 2025) | 36.0% | Delhi, India |
To see the full peer comparison of Devkrut Engineers Private Limited, buy the company report.
Auditor
Devkrut Engineers Private Limited is audited by AMAR MORAWALA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMAR MORAWALA & CO | FY 2018 | 127218W |
Shareholding
The shareholding of Devkrut Engineers Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Devkrut Engineers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Oct 2018 | 100224518 | Others | ₹1.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Devkrut Engineers Private Limited has 22 court cases on record: 3 filed by Devkrut Engineers, 19 filed against it. 12 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 17 | 12 |
| NCLT | 4 | 2 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (SMST R) | Filed against the company by Anish Anilkumar Mittal Dir.Of. Tirupati Electrify Shops Pvt.Ltd | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Tamilnad Mercantile Bank Ltd and 1 other | Disposed |
| District court, SURAT, Gujarat | Court case (EXE S) | Filed against the company by an individual | Pending |
| District court, SURAT, Gujarat | Court case (EXE S) | Filed against the company by an individual | Pending |
| District court, SURAT, Gujarat | Court case (SMCST) | Filed against the company by an individual | Pending |
To see the full case history of Devkrut Engineers 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 Devkrut Engineers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Devkrut Engineers Private Limited has a workforce of 17 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Devkrut Engineers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Devkrut Engineers Private Limited, buy the company report.
Recent activity
Devkrut Engineers Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Rakeshkumar Shah ceased to be Director on 26 Mar 2019.
Frequently asked questions
Devkrut Engineers is an active private limited company based in Surat, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 29 May 2017 (9+ years old) and is registered under CIN U29308GJ2017PTC097605.
Devkrut Engineers has 2 current directors:
- Rakeshkumar Shah - Managing Director
- Uma Rakesh Shah - Managing Director
The latest financial statements of Devkrut Engineers on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2018 are in the company report.
No. Devkrut Engineers has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Devkrut Engineers is U29308GJ2017PTC097605. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devkrut Engineers has 22 court cases on record: 3 filed by the company and 19 filed against it. 12 are pending. Most are in the district courts.
Devkrut Engineers was incorporated on 29 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Devkrut Engineers by revenue are Las-Tronics Technology Private Limited, M V Agro Engineers Private Limited, Sab Dairy Machinery Private Limited, Novanative India Private Limited, all in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Rakeshkumar Shah ceased to be Director on 26 Mar 2019. Uma Rakesh Shah ceased to be Director on 26 Mar 2019. Rakeshkumar Shah was appointed as Managing Director on 29 May 2017. Devkrut Engineers has 4 board changes on record in total.
Devkrut Engineers can be reached through the website devkrut.com. Its registered office is in Surat, Gujarat, India.
The registered office of Devkrut Engineers is at 88 Gurukrupa Row House – 2 Panchvati Apartment Adajan Gam, Surat, Gujarat, India – 395009.
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