About Devonshire Capital Services Private Limited
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Devonshire Capital Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 22 December 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH1999PTC123225. Its GSTIN is 27AABCD3671J1ZK (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Chandrakant Ramray Prabhu and Rakesh Ramnaresh Verma.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.06 Lakh, a decline of 53% compared to the previous year. For the same year it recorded a net profit of ₹36,205 (net margin 1.2%) and EBITDA of ₹5.96 Lakh (EBITDA margin 19.2%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 5% over five years.
Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Devonshire Capital.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devonshirecapital.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address10 Floor – Grd Plot No. 156D Bhagirath Babaji Jamsandekar Marg Lower Parel Delisle Roa, D, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Diversified Financial Services
- 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 Devonshire Capital Services Private Limited
The main business activity of Devonshire Capital Services is arts, entertainment and recreation. In detail, this covers creative, arts and entertainment activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | 90 | Creative, arts and entertainment activities | 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 Devonshire Capital Services Private Limited FY 2025 filings available
Devonshire Capital Services Private Limited reported revenue of ₹31.06 Lakh (down 53% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Devonshire Capital Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 53% fall in the latest year. EBITDA fell 67% 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 Devonshire Capital Services 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.96 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹36,205 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Investments | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Devonshire Capital Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.2% | •••• | •••• | •••• | •••• |
| 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 Devonshire Capital Services 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.
Auditor Details of Devonshire Capital Services Private Limited
Devonshire Capital Services Private Limited is audited by SHAH PATANI & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHAH PATANI & 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 Devonshire Capital Services Private Limited
Devonshire Capital Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrakant Ramray Prabhu Also directs: Project One Art Advisory LLP, Nepean Developers Private Limited | Director | 12 Apr 2001 | 25 Years 5 Months | Current |
| Rakesh Ramnaresh Verma | Director | 22 Jan 2020 | 6 Years 8 Months | Current |
Ownership and Shareholding of Devonshire Capital Services 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 Devonshire Capital Services Private Limited
Devonshire Capital Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Devonshire Capital Services Private Limited
Devonshire Capital Services operates one associated brand: Devonshire Capital. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Strategic financial partner acquiring companies and offering solutions to Asian businesses. | devonshirecapital.com |
Employees and EPFO Compliance at Devonshire Capital Services Private Limited
Employment history and EPFO contributions of people linked to Devonshire Capital Services.
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 Devonshire Capital Services Private Limited
Devonshire Capital Services has 2 subsidiary companies. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Basil Agriculture Private Limited | U01133MH2001PTC132770 | Locked |
| Project One Art Advisory Private Limited | U74110MH1995PTC085052 | Locked |
Showing major subsidiaries. Total: 2.
Recent Activity on Devonshire Capital Services Private Limited
Devonshire Capital Services Private Limited has 6 board changes on record since 2001: 3 appointments and 3 cessations. The latest: Adityakumar Nirmalkumar Ruia ceased to be Additional Director on 29 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Devonshire Capital Services 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 Devonshire Capital Services 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 Devonshire Capital Services 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 Devonshire Capital Services Private Limited
Devonshire Capital Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCD3671J1ZK | Maharashtra | 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.
MCA Filings & Documents of Devonshire Capital Services 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 Devonshire Capital Services Private Limited
Devonshire Capital Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 22 December 1999 (27+ years old) and is registered under CIN U67190MH1999PTC123225.
Devonshire Capital Services reported revenue of ₹31.06 Lakh for FY 2025 (down 53% YoY).
Devonshire Capital Services has 2 current directors:
- Chandrakant Ramray Prabhu - Director
- Rakesh Ramnaresh Verma - Director
Devonshire Capital Services reported a net profit of ₹36,205 (net margin 1.2%) and EBITDA of ₹5.96 Lakh (EBITDA margin 19.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devonshire Capital Services is -20% over three years and -5% over five years. In the latest year (FY 2025) revenue fell 53%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devonshire Capital Services is 27AABCD3671J1ZK, registered in Maharashtra. 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 Devonshire Capital Services is U67190MH1999PTC123225. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devonshire Capital Services was incorporated on 22 December 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Adityakumar Nirmalkumar Ruia ceased to be Additional Director on 29 Sep 2024. Sanjay Ramanuj Joshi ceased to be Director on 16 May 2024. Adityakumar Nirmalkumar Ruia was appointed as Director on 15 May 2024. Devonshire Capital Services has 6 board changes on record in total.
Devonshire Capital Services can be reached through the website devonshirecapital.com. Its registered office is in Mumbai, Maharashtra, India.