About Devlife Corporation Private Limited
Data last updated:
Devlife Corporation Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 28 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85100MH2020PTC342762. Its GSTIN is 27AAHCD8676M1ZT (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors including Vaishali Anjaria and Roopa Ramesh.
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 Off No.912 9th Floor J Wing Cts No 1/7 V. S Marg Vikhroli Park Site, Mumbai, Maharashtra, India – 400079.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.91 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹1.42 Cr (net margin -10.2%) and EBITDA of ₹1.09 Cr (EBITDA margin 7.8%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years.
The company has about 23 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Dev Life Corporation. As per MCA filings, the company has open charges of ₹3.85 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devlifecorporation.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressOff No.912 9th Floor J Wing Cts No 1/7 V. S Marg Vikhroli Park Site, Mumbai, Maharashtra, India – 400079
- IndustryPharma, Drug Formulation & Development
- 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 Devlife Corporation Private Limited
The main business activity of Devlife Corporation is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Devlife Corporation Private Limited FY 2025 filings available
Devlife Corporation Private Limited reported revenue of ₹13.91 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Devlife Corporation Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 30% over three years, including a 7% fall in the latest year. EBITDA rose 151% 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 Devlife Corporation Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.09 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.42 Cr | •••• | •••• | •••• | •••• |
| 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 Devlife Corporation Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -10.2% | •••• | •••• | •••• | •••• |
| 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 Devlife Corporation are in the company report.
Financial statements from FY 2021
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 Devlife Corporation Private Limited
Devlife Corporation Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Wholesale Trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Unger India Private Limited | ₹13.92 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Gurgaon, Haryana, India |
| Emkey Heavy Instruments Private Limited | ₹13.92 Cr (FY 2019) | •••• | •••• | 24.0% | •••• | Bangalore, Karnataka, India |
| Bina Cement & Marketing Private Limited | ₹13.92 Cr (FY 2024) | •••• | •••• | -14.0% | •••• | Lohardaga, Jharkhand, India |
| Chintamani Parshwanath Associates Private Limited | ₹13.91 Cr (FY 2022) | •••• | •••• | 3789.0% | •••• | Hyderabad, Telangana, India |
| Shire Biotech India Private Limited | ₹13.91 Cr (FY 2022) | •••• | •••• | 24.0% | •••• | Gurgaon, Haryana, India |
| Devlife Corporation Private Limited this company | ₹13.91 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Mumbai, Maharashtra, India |
| Veetrag Merchandise Private Limited | ₹13.91 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Bhilwara, Rajasthan, India |
| Jute N Fabrics India Private Limited | ₹13.91 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Delhi, India |
| Shubh Karan Chaudhary and Associates Private Limited | ₹13.9 Cr (FY 2017) | •••• | •••• | -3.0% | •••• | Delhi, India |
| Swadeshi Nirman Pvt.Ltd. | ₹13.9 Cr (FY 2025) | •••• | •••• | -39.0% | •••• | Kolkata, West Bengal, India |
| Jaress Hygiene Care Private Limited | ₹13.9 Cr (FY 2025) | •••• | •••• | 1130.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Devlife Corporation by revenue in the same principal business activity (Wholesale Trading), 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 Devlife Corporation Private Limited
Devlife Corporation Private Limited is audited by BAJAJ AND DEDANIA for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BAJAJ AND DEDANIA | 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 Devlife Corporation Private Limited
Devlife Corporation has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaishali Anjaria | Director | 28 Jul 2020 | 6 Years 2 Months | Current |
| Roopa Ramesh Also directs: Devlife Therapeutics Private Limited | Director | 28 Jul 2020 | 6 Years 2 Months | Current |
| Jayashri Jayraj | Director | 28 Jul 2020 | 6 Years 2 Months | Current |
Ownership and Shareholding of Devlife Corporation 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 Devlife Corporation Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Oct 2023 | Hdfc Bank Limited | ₹3 Cr | Open |
| 30 Jul 2021 | Canara Bank | ₹85.46 Lakh | Open |
Total charge records: 2 View all charges
Associated Brands with Devlife Corporation Private Limited
Devlife Corporation operates one associated brand: Dev Life Corporation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of generic solid, semi-solids, and liquid dosage forms | dlc.net.in |
Employees and EPFO Compliance at Devlife Corporation Private Limited
Employment history and EPFO contributions of people linked to Devlife Corporation.
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.
Group Structure of Devlife Corporation Private Limited
Devlife Corporation has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Devlife Therapeutics Private Limited | U36999MH2020PTC340044 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Devlife Corporation Private Limited
Devlife Corporation Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Jayashri Jayraj was appointed as Director on 28 Jul 2020.
Credit Ratings, Litigation & Regulatory Alerts for Devlife Corporation 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 Devlife Corporation 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 Devlife Corporation 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 Devlife Corporation Private Limited
Devlife Corporation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCD8676M1ZT | Maharashtra | Active | 03 Feb 2021 |
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 Devlife Corporation 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 Devlife Corporation Private Limited
Devlife Corporation is an active private limited company based in Mumbai, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 28 July 2020 (6+ years old) and is registered under CIN U85100MH2020PTC342762.
Devlife Corporation reported revenue of ₹13.91 Cr for FY 2025 (down 7% YoY).
Devlife Corporation has 3 current directors:
- Vaishali Anjaria - Director
- Roopa Ramesh - Director
- Jayashri Jayraj - Director
Devlife Corporation reported a net loss of ₹1.42 Cr (net margin -10.2%) and EBITDA of ₹1.09 Cr (EBITDA margin 7.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devlife Corporation is -30% over three years. In the latest year (FY 2025) revenue fell 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devlife Corporation is 27AAHCD8676M1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Devlife Corporation is U85100MH2020PTC342762. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devlife Corporation was incorporated on 28 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Devlife Corporation by revenue are Unger India Private Limited, Emkey Heavy Instruments Private Limited, Bina Cement & Marketing Private Limited, Chintamani Parshwanath Associates Private Limited, Shire Biotech India Private Limited and 5 more, all in the same principal business activity (Wholesale Trading).
Jayashri Jayraj was appointed as Director on 28 Jul 2020. Roopa Ramesh was appointed as Director on 28 Jul 2020. Vaishali Anjaria was appointed as Director on 28 Jul 2020.
Devlife Corporation can be reached through the website devlifecorporation.in. Its registered office is in Mumbai, Maharashtra, India.