MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-12-0032668
Devoir Lifesciences Private Limited
Devoir Lifesciences Private Limited - pharma in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹13.7 Cr
▲ 41% YoY
Net profit · FY 2025
₹60.96 Lakh
Net margin 4.5%
EBITDA · FY 2025
₹78.32 Lakh
EBITDA margin 5.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹25.98 Lakh
Issued & subscribed
Open charges
₹60.7 Lakh
Satisfied ₹21 Lakh
Company age
22 yrs
Est. 2004
Employees · EPFO
9
Provident fund records
About Devoir Lifesciences Private Limited
Data last updated:
Devoir Lifesciences Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 05 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U24230PB2004PTC047127. Its GSTIN is 03AABCE3675P1ZD (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹25.98 Lakh. It was formerly known as Excel Drugs Private Limited. It is led by directors Gagan Khurana and Harmeet Singh.
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 Flat No 1051 Mig Flats Sector 32 Chd Road, Ludhiana, Punjab, India – 141008.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.7 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹60.96 Lakh (net margin 4.5%) and EBITDA of ₹78.32 Lakh (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 20% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹60.7 Lakh and satisfied charges of ₹21 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
Devoir Lifesciences Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0032668). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24230PB2004PTC047127
Registration Number 047127
Incorporation Date 05 May 2004
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-12-0032668
CIN history
Devoir Lifesciences has one previous CIN (Corporate Identification Number): U24230CH2004PTC027091. The current CIN is U24230PB2004PTC047127, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24230PB2004PTC047127 | Current |
| U24230CH2004PTC027091 | Previous |
Key People
Gagan Khurana Director Harmeet Singh Director Recognitions & Rankings of Devoir Lifesciences
Contact details
Devoir Lifesciences Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No 1051 Mig Flats Sector 32 Chd Road, Ludhiana, Punjab, India – 141008
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Devoir Lifesciences Private Limited, buy the company report.
Comprehensive company report
Devoir Lifesciences 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
Business activity
The main business activity of Devoir Lifesciences is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Devoir Lifesciences Private Limited, buy the company report.
Financials of Devoir Lifesciences Private Limited
FY 2025 filings availableDevoir Lifesciences Private Limited reported revenue of ₹13.7 Cr (up 41% YoY) for FY 2025.
Revenue · FY 2025
₹13.7 Cr ▲ 41%
Net profit · FY 2025
₹60.96 Lakh margin 4.5%
EBITDA · FY 2025
₹78.32 Lakh margin 5.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 41%
3 years · compounded
▲ 38%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 83%
3 years · compounded
▲ 67%
5 years · compounded
▲ 34%
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 41% growth in the latest year. EBITDA rose 83% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹78.32 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹60.96 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.7% | ||||
| Net Profit Margin | 4.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Devoir Lifesciences Private Limited, buy the company report.
Board of directors of Devoir Lifesciences Private Limited
Devoir Lifesciences has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gagan Khurana | Director | 05 May 2004 | 22 Years 5 Months | Current |
| Harmeet Singh | Director | 05 May 2004 | 22 Years 5 Months | Current |
Peer comparison
Devoir Lifesciences Private Limited is compared with the 3 companies closest to it by revenue in the Pharma industry (Lifesciences, Pharma Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Safelife Pharma Speciality Private Limited | ₹13.73 Cr (FY 2024) | 24.0% | Mumbai, Maharashtra, India | |||
| Devoir Lifesciences Private Limitedthis company | ₹13.7 Cr (FY 2025) | ₹60.96 Lakh | 4.5% | 41.0% | 9 | Ludhiana, Punjab, India |
| Plenum Biotech Private Limited | ₹13.69 Cr (FY 2024) | 50.0% | Chandigarh, India | |||
| Baryton Pharma Private Limited | ₹13.67 Cr (FY 2025) | 9.0% | Kozhikode, Kerala, India |
To see the full peer comparison of Devoir Lifesciences Private Limited, buy the company report.
Auditor
Devoir Lifesciences Private Limited is audited by K K KAPOOR & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K K KAPOOR & ASSOCIATES | FY 2021 | 001013N |
Shareholding
The shareholding of Devoir Lifesciences Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Devoir Lifesciences Private Limited, buy the company report.
Charges & borrowings
Open charges
₹60.7 Lakh
Satisfied charges
₹21 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2023 | 100847907 | Hdfc Bank Limited | ₹30.35 Lakh | Open | |
| 03 Nov 2023 | 100812147 | Hdfc Bank Limited | ₹30.35 Lakh | Open | |
| 23 May 2015 | 100079452 | Others | ₹10.5 Lakh | Satisfied | |
| 23 May 2015 | 100079871 | Others | ₹10.5 Lakh | Satisfied |
To see the full charge records of Devoir Lifesciences Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Devoir Lifesciences Private Limited has 1 court case on record: 1 filed by Devoir Lifesciences. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against Badrivas Biotech Pvt and 1 other | Disposed |
To see the full case history of Devoir Lifesciences 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 Devoir Lifesciences Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Devoir Lifesciences Private Limited has a workforce of 9 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
9
Active EPFO establishments
1
GST
Devoir Lifesciences has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCE3675P1ZD | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Devoir Lifesciences Private Limited, buy the company report.
Recent activity
Devoir Lifesciences Private Limited has 3 board changes on record since 2004: 2 appointments and 1 cessation. The latest: Ashok Kumar Bahl ceased to be Director on 04 Oct 2016.
AGM
Devoir Lifesciences Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Devoir Lifesciences Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 30.35 Lakh with Charge ID 100847907 was registered on 26 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 30.35 Lakh with Charge ID 100812147 was registered on 03 Nov 2023.
Charges
A charge registered on 23 May 2015 via Charge ID 100079452 with Others was fully satisfied on 22 Jul 2020.
Charges
A charge registered on 23 May 2015 via Charge ID 100079871 with Others was fully satisfied on 22 Jul 2020.
Ceased
Ashok Kumar Bahl ceased to be Director.
Charges
A charge with Others amounted to Rs. 10.50 Lakh with Charge ID 100079452 was registered on 23 May 2015.
Charges
A charge with Others amounted to Rs. 10.50 Lakh with Charge ID 100079871 was registered on 23 May 2015.
Appointed
Gagan Khurana was appointed as Director.
Appointed
Harmeet Singh was appointed as Director.
Incorporation
05 May 2004
Devoir Lifesciences Private Limited was registered on 05 May 2004 with Roc Chandigarh & aged 22 years 5 months as per MCA records.
Frequently asked questions
Devoir Lifesciences is an active private limited company based in Ludhiana, Punjab, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 05 May 2004 (22+ years old) and is registered under CIN U24230PB2004PTC047127.
Devoir Lifesciences has 2 current directors:
- Gagan Khurana - Director
- Harmeet Singh - Director
The latest financial statements of Devoir Lifesciences 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 2015 are in the company report.
The GSTIN of Devoir Lifesciences is 03AABCE3675P1ZD, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Devoir Lifesciences is U24230PB2004PTC047127. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devoir Lifesciences has 1 court case on record: 1 filed by the company.
Devoir Lifesciences was incorporated on 05 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Devoir Lifesciences by revenue are Safelife Pharma Speciality Private Limited, Plenum Biotech Private Limited, Baryton Pharma Private Limited, all in the Pharma industry (Lifesciences, Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Ashok Kumar Bahl ceased to be Director on 04 Oct 2016. Gagan Khurana was appointed as Director on 05 May 2004. Harmeet Singh was appointed as Director on 05 May 2004.
Yes, Devoir Lifesciences is registered as a small enterprise under Udyam registration (number: UDYAM-PB-12-0032668).
The registered office of Devoir Lifesciences is at Flat No 1051 Mig Flats Sector 32 Chd Road, Ludhiana, Punjab, India – 141008.