About Devo Edutech Private Limited
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Devo Edutech Private Limited is a private limited company based in Dharwad, Karnataka, India, recognised as a startup by DPIIT. It operates in the k-12 and higher education institutions segment of the education sector. It was incorporated on 05 May 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U80301KA2022PTC160866.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹3.1 Lakh. It is led by directors including Sagari Ajay Handa and Ajaykumar Amritlal Handa.
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 Amrit Building 2nd Cross Hosur, Dharwad, Karnataka, India – 580021.
As per the financials filed for FY 2025, the company reported a revenue of ₹9 Lakh. For the same year it recorded a net loss of ₹10,199 (net margin -1.1%) and EBITDA of -₹9,898 (EBITDA margin -1.1%).
The company is associated with 1 brand: Devo Edutech.
For more details, the company can be reached via its website devoedutech.com.
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- Registered AddressAmrit Building 2nd Cross Hosur, Dharwad, Karnataka, India – 580021
- IndustryEducation, K-12 & Higher Education Institutions
- 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
Financials of Devo Edutech Private Limited FY 2025 filings available
Devo Edutech Private Limited reported revenue of ₹9 Lakh for FY 2025.
Financial Statement Summary of Devo Edutech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | -₹9,898 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10,199 | •••• | •••• |
| 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 Devo Edutech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -1.1% | •••• | •••• |
| Net Profit Margin | -1.1% | •••• | •••• |
| 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 Devo Edutech are in the company report.
Financial statements from FY 2023
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 Devo Edutech Private Limited
Devo Edutech Private Limited is compared with the companies closest to it by revenue in the Education industry (K12 and Higher Education). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Academy of Commerce Studies Private Limited | ₹9.32 Lakh (FY 2025) | •••• | •••• | -57.0% | •••• | New Delhi, Delhi, India |
| Good to Great Eduserve Private Limited | ₹9.13 Lakh (FY 2024) | •••• | •••• | -29.0% | •••• | Gurgaon, Haryana, India |
| Mrs Medi-Tech Global Education Private Limited | ₹9.11 Lakh (FY 2023) | •••• | •••• | -22.0% | •••• | Kaithal, Haryana, India |
| Edumind Solutions Private Limited | ₹9.07 Lakh (FY 2024) | •••• | •••• | -99.0% | •••• | Yousufguda, Telangana, India |
| Vivritti Enterprises Private Limited | ₹9.04 Lakh (FY 2025) | •••• | •••• | -84.0% | •••• | New Delhi, Delhi, India |
| Devo Edutech Private Limited this company | ₹9 Lakh (FY 2025) | •••• | •••• | •••• | Dharwad, Karnataka, India | |
| KGC Proeducation Private Limited | ₹8.9 Lakh (FY 2025) | •••• | •••• | -51.0% | •••• | New Delhi, Delhi, India |
| Gowda's Spices Trading Private Limited | ₹8.82 Lakh (FY 2025) | •••• | •••• | 23.0% | •••• | Chikkamagaluru, Karnataka, India |
| Cmi Edutech Private Limited | ₹8.77 Lakh (FY 2021) | •••• | •••• | -80.0% | •••• | Kota, Rajasthan, India |
| K2k Educare Private Limited | ₹8.71 Lakh (FY 2022) | •••• | •••• | 12.0% | •••• | Varanasi, Uttar Pradesh, India |
| Stigan Educational Services Private Limited | ₹8.69 Lakh (FY 2021) | •••• | •••• | -66.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Devo Edutech by revenue in the Education industry (K12 and Higher Education), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Devo Edutech Private Limited
Devo Edutech has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagari Ajay Handa Also directs: Hans Inn Private Limited | Director | 05 May 2022 | 4 Years 5 Months | Current |
| Ajaykumar Amritlal Handa Also directs: Handa Motor Company Private Limited, Hans Inn Private Limited | Director | 05 May 2022 | 4 Years 5 Months | Current |
| Kudrat Handa | Director | 05 May 2022 | 4 Years 5 Months | Current |
Charges & Borrowings of Devo Edutech Private Limited
Devo Edutech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Devo Edutech Private Limited
Devo Edutech operates one associated brand: Devo Edutech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Education and training services are provided for the hospitality industry in India. | devoedutech.com |
Employees and EPFO Compliance at Devo Edutech Private Limited
Employment history and EPFO contributions of people linked to Devo Edutech.
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.
Recent Activity on Devo Edutech Private Limited
Devo Edutech Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Ajaykumar Amritlal Handa was appointed as Director on 05 May 2022.
Credit Ratings, Litigation & Regulatory Alerts for Devo Edutech 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 Devo Edutech 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 Devo Edutech 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 Devo Edutech Private Limited
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 Devo Edutech 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 Devo Edutech Private Limited
Devo Edutech is an active private limited company based in Dharwad, Karnataka, India. The company works in k-12 and higher education institutions, within the education industry. It was incorporated on 05 May 2022 (4+ years old) and is registered under CIN U80301KA2022PTC160866.
Devo Edutech reported revenue of ₹9 Lakh for FY 2025.
Devo Edutech has 3 current directors:
- Sagari Ajay Handa - Director
- Ajaykumar Amritlal Handa - Director
- Kudrat Handa - Director
Devo Edutech reported a net loss of ₹10,199 (net margin -1.1%) and EBITDA of -₹9,898 (EBITDA margin -1.1%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Devo Edutech is U80301KA2022PTC160866. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devo Edutech was incorporated on 05 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Devo Edutech by revenue are Academy of Commerce Studies Private Limited, Good to Great Eduserve Private Limited, Mrs Medi-Tech Global Education Private Limited, Edumind Solutions Private Limited, Vivritti Enterprises Private Limited and 5 more, all in the Education industry (K12 and Higher Education).
Ajaykumar Amritlal Handa was appointed as Director on 05 May 2022. Kudrat Handa was appointed as Director on 05 May 2022. Sagari Ajay Handa was appointed as Director on 05 May 2022.
Yes, Devo Edutech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Devo Edutech can be reached through the website devoedutech.com. Its registered office is in Dharwad, Karnataka, India.
The registered office of Devo Edutech is at Amrit Building 2nd Cross Hosur, Dharwad, Karnataka, India – 580021.