About Devnidhi Plastics Pvt Ltd
Data last updated:
Devnidhi Plastics Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 19 July 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ1994PTC022542. Its GSTIN is 24AAACD6606L1ZQ (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Nishchal Dhirajlal Shah (Managing Director) and Devansh Nishchalbhai Shah.
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 221/222/1 Phase – 1 Gidcindustrial Township Naaroda, Ahmedabad, Gujarat, India – 382330.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.96 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹23,580 (net margin 0.1%) and EBITDA of ₹17.59 Lakh (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 7% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
Court records list 3 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devnidhiplastics.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address221/222/1 Phase – 1 Gidcindustrial Township Naaroda, Ahmedabad, Gujarat, India – 382330
- IndustryManufacturing, Plastic-Based Products
- 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 Devnidhi Plastics Pvt Ltd
The main business activity of Devnidhi Plastics is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | 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.
Auditor Details of Devnidhi Plastics Pvt Ltd
Devnidhi Plastics Pvt Ltd is audited by SHAH & SHAH ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHAH & SHAH ASSOCIATES | 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 Devnidhi Plastics Pvt Ltd
Devnidhi Plastics has 6 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devansh Nishchalbhai Shah | Director | 14 Sep 2017 | 9 Years 0 Months | Current |
| Taral Jitendra Shah Also directs: Aimed Tech Expo Gujarat LLP, Sourcify Tech Services LLP, Techify Solutions Private Limited and 2 more | Director | 19 Jun 2018 | 8 Years 3 Months | Current |
| Hemant Navinchandra Shah | Director | 05 Apr 2008 | 18 Years 6 Months | Current |
| Hetal Nishchal Shah | Director | 01 Sep 2011 | 15 Years 1 Months | Current |
| Dipesh Kantisen Shroff Also directs: Transpek Industry Limited, Kutch Crop Services Private Limited, Neo Seeds India Private Limited and 5 more | Director | 28 May 1995 | 31 Years 4 Months | Current |
| Nishchal Dhirajlal Shah | Managing Director | 19 Jul 1994 | 32 Years 2 Months | Current |
Financials of Devnidhi Plastics Pvt Ltd FY 2025 filings available
Devnidhi Plastics Pvt Ltd reported revenue of ₹2.96 Cr (down 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Devnidhi Plastics Pvt Ltd
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. 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 of Devnidhi Plastics Pvt Ltd
| 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 | ₹17.59 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹23,580 | •••• | •••• | •••• | •••• |
| 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 Devnidhi Plastics Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Devnidhi Plastics are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Devnidhi Plastics Pvt Ltd
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 Devnidhi Plastics Pvt Ltd
Devnidhi Plastics Pvt Ltd does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Devnidhi Plastics Pvt Ltd
Devnidhi Plastics Pvt Ltd has a workforce of 16 employees as of Apr 07, 2024.
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.
GST Compliance of Devnidhi Plastics Pvt Ltd
Devnidhi Plastics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACD6606L1ZQ | Gujarat | Active | 01 Jul 2017 |
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.
Legal Cases of Devnidhi Plastics Pvt Ltd
Devnidhi Plastics Pvt Ltd has 3 court cases on record: 2 filed against it, 1 where it is another party. All cases are disposed. Status as checked between 30 Sep 2026 and 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (RECO33C2-LC) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (RECO33C1-LC) | Filed against the company by an individual | Disposed |
| High Court of Gujarat | Special civil application | Company is another party | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Credit Ratings, Litigation & Regulatory Alerts for Devnidhi Plastics Pvt Ltd
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 Devnidhi Plastics Pvt Ltd
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 Devnidhi Plastics Pvt Ltd
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.
MCA Filings & Documents of Devnidhi Plastics Pvt Ltd
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.
Recent Activity on Devnidhi Plastics Pvt Ltd
Frequently Asked Questions about Devnidhi Plastics Pvt Ltd
Devnidhi Plastics is an active private limited company based in Ahmedabad, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 19 July 1994 (32+ years old) and is registered under CIN U25209GJ1994PTC022542.
Devnidhi Plastics reported revenue of ₹2.96 Cr for FY 2025 (down 23% YoY).
Devnidhi Plastics has 6 current directors:
- Nishchal Dhirajlal Shah - Managing Director
- Devansh Nishchalbhai Shah - Director
- Taral Jitendra Shah - Director
- Hemant Navinchandra Shah - Director
- Hetal Nishchal Shah - Director
- Dipesh Kantisen Shroff - Director
Devnidhi Plastics reported a net profit of ₹23,580 (net margin 0.1%) and EBITDA of ₹17.59 Lakh (EBITDA margin 5.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devnidhi Plastics is -11% over three years and 7% over five years. In the latest year (FY 2025) revenue fell 23%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devnidhi Plastics is 24AAACD6606L1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Devnidhi Plastics is U25209GJ1994PTC022542. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devnidhi Plastics has 3 court cases on record: 2 filed against it. Most are in the district courts.
Devnidhi Plastics was incorporated on 19 July 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.