Devlife Corporation Private Limited

Devlife Corporation Private Limited - pharma in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U85100MH2020PTC342762 Incorporated 28 July 2020 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company pharma MSME
Revenue · FY 2025
₹13.91 Cr
▼ 7% YoY
Net loss · FY 2025
₹1.42 Cr
Net margin -10.2%
EBITDA · FY 2025
₹1.09 Cr
EBITDA margin 7.8%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹3 Lakh
Issued & subscribed
Open charges
₹3.85 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
12
Provident fund records

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 12 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.

Devlife Corporation Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0042471). 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.

Company details

CIN U85100MH2020PTC342762
Registration Number 342762
Incorporation Date 28 July 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-19-0042471

Recognitions & Rankings of Devlife Corporation

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-MH-19-0042471

Contact details

Devlife Corporation Private Limited's registered office is in Mumbai, Maharashtra. Its website is devlifecorporation.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Off No.912 9th Floor J Wing Cts No 1/7 V. S Marg Vikhroli Park Site, Mumbai, Maharashtra, India – 400079
  • Industry
    Pharma, Drug Formulation & Development

To see the full contact details of Devlife Corporation Private Limited, buy the company report.

Comprehensive company report
Devlife Corporation 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

Brands

Devlife Corporation operates one associated brand: Dev Life Corporation. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturer of generic solid, semi-solids, and liquid dosage formsdlc.net.in

Business activity

The main business activity of Devlife Corporation is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Devlife Corporation Private Limited, buy the company report.

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.

Revenue · FY 2025
₹13.91 Cr ▼ 7%
Net loss · FY 2025
₹1.42 Cr margin -10.2%
EBITDA · FY 2025
₹1.09 Cr margin 7.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▼ 30%
EBITDA CAGR growth
1 year
▲ 151%
3 years · compounded
▼ 37%

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin7.8%
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

To see the full financial statements and ratios of Devlife Corporation Private Limited, buy the company report.

Board of directors of Devlife Corporation Private Limited

Devlife Corporation has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Vaishali AnjariaDirector28 Jul 20206 Years 3 MonthsCurrent
Roopa RameshDirector28 Jul 20206 Years 3 MonthsCurrent
Jayashri JayrajDirector28 Jul 20206 Years 3 MonthsCurrent

Peer comparison

Devlife Corporation Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Limitedthis company₹13.91 Cr (FY 2025)-₹1.42 Cr-10.2%-7.0%12Mumbai, 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

To see the full peer comparison of Devlife Corporation Private Limited, buy the company report.

Auditor

Devlife Corporation Private Limited is audited by BAJAJ AND DEDANIA for the financial year 2023.

Auditor firmFinancial yearFirm registration number
BAJAJ AND DEDANIAFY 2023127122W

Shareholding

The shareholding of Devlife Corporation Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Devlife Corporation Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3.85 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹3.00 Cr
Canara Bank₹0.85 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Oct 2023100819711Hdfc Bank Limited₹3 CrOpen
30 Jul 2021100471541Canara Bank₹85.46 LakhOpen

To see the full charge records of Devlife Corporation Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Devlife Corporation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

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.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Devlife Therapeutics Private LimitedU36999MH2020PTC340044

To see the full group structure of Devlife Corporation Private Limited, buy the company report.

Employees & EPFO

Devlife Corporation Private Limited has a workforce of 12 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
12
Active EPFO establishments
1
Employee growth
-36.8%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2712
FY 2025-26
FY 2024-25
FY 2023-24

To see the full employee and EPFO history of Devlife Corporation Private Limited, buy the company report.

GST

Devlife Corporation has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAHCD8676M1ZTMaharashtraActive03 Feb 2021

To see the full GST registrations and return filing status of Devlife Corporation Private Limited, buy the company report.

Recent activity

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.

AGM
Devlife Corporation Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Devlife Corporation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Hdfc Bank Limited of Rs. 300.00 Lakh registered on 05 Oct 2023 with Charge ID 100819711 was modified on 11 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 300.00 Lakh with Charge ID 100819711 was registered on 05 Oct 2023.
Charges
A charge with Canara Bank amounted to Rs. 85.46 Lakh with Charge ID 100471541 was registered on 30 Jul 2021.
Appointed
Jayashri Jayraj was appointed as Director.
Appointed
Roopa Ramesh was appointed as Director.
Appointed
Vaishali Anjaria was appointed as Director.
Incorporation
28 Jul 2020
Devlife Corporation Private Limited was registered on 28 Jul 2020 with Roc Mumbai I & aged 6 years 3 months as per MCA records.

Frequently asked questions

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 has 3 current directors:

The latest financial statements of Devlife Corporation 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 2021 are in the company report.

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 Emkey Heavy Instruments Private Limited, Bina Cement & Marketing Private Limited, Chintamani Parshwanath Associates Private Limited, Shire Biotech India Private Limited, Veetrag Merchandise Private Limited and 4 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.

Yes, Devlife Corporation is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0042471).

Devlife Corporation can be reached through the website devlifecorporation.in. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Devlife Corporation is at Off No.912 9th Floor J Wing Cts No 17 V. S Marg Vikhroli Park Site, Mumbai, Maharashtra, India – 400079.