Devshi Motors Private Limited

Devshi Motors Private Limited - machinery and equipment in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U74999DL2004PTC125085 Incorporated 10 March 2004 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company machinery and equipment MSME · Medium
Data last updated
Revenue · FY 2025
₹140.25 Cr
▲ 6% YoY
Net profit · FY 2025
₹6.59 Cr
Net margin 4.7%
EBITDA · FY 2025
₹10.05 Cr
EBITDA margin 7.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹98.39 Lakh
Issued & subscribed
Open charges
₹49.5 Cr
Satisfied ₹19.93 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
82
Provident fund records

About Devshi Motors Private Limited

Data last updated:

Devshi Motors Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the heavy engineering and manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 10 March 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2004PTC125085. Its GSTIN is 07AABCD9558N1Z0 (Delhi). The company holds 12 GST registrations, of which 9 are active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹98.39 Lakh. It was formerly known as Devshi Earthmovers Private Limited. It is led by directors including Jayesh Lakshmidas Thaker (Managing Director) and Satvik Jayesh Thaker.

Its last annual general meeting (AGM) was held on 28 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit No 207B 2nd Floor Rectangle – 1, D – 4 District Center, New Delhi, Delhi, India – 110017.

As per the financials filed for FY 2025, the company reported a revenue of ₹140.25 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹6.59 Cr (net margin 4.7%) and EBITDA of ₹10.05 Cr (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 18% over five years.

The company has about 82 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹49.5 Cr and satisfied charges of ₹19.93 Cr on record. Court records list 10 cases involving the company, including 10 filed by the company; 3 cases are pending. The company has 15 deals on record (10 secondary share transfers, 5 funding rounds), with disclosed funding of ₹8.15 Cr; the latest was in September 2020. Its 4 peer companies in the Automobiles industry (Auto and Components Dealers, Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 2 smaller; the largest is Tyrolit India Superabrasive Tools Private Limited with revenue of ₹140.74 Cr. The company has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 1 overdue payment to 1 micro and small supplier.

Devshi Motors Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0013715). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devshi.in.

Company details

CIN U74999DL2004PTC125085
Registration Number 125085
Incorporation Date 10 March 2004
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-DL-08-0013715
Key People
Jayesh Lakshmidas Thaker Managing Director Satvik Jayesh Thaker Director Mukesh Ramnarayan Sharma Additional Director

Recognitions & Rankings of Devshi Motors

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-DL-08-0013715

Contact details

Devshi Motors Private Limited's registered office is in New Delhi, Delhi. Its website is devshi.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    devshi.in
  • Registered Address
    Unit No 207B 2nd Floor Rectangle – 1, D – 4 District Center, New Delhi, Delhi, India – 110017
  • Industry
    Machinery and Equipment, Heavy Engineering & Manufacturing, Industrial Machinery Retail & Distribution

To see the full contact details of Devshi Motors Private Limited, buy the company report.

Comprehensive company report
Devshi Motors 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 Devshi Motors 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 Devshi Motors Private Limited, buy the company report.

Financials of Devshi Motors Private Limited

FY 2025 filings available

Devshi Motors Private Limited reported revenue of ₹140.25 Cr (up 6% YoY) for FY 2025.

Revenue · FY 2025
₹140.25 Cr ▲ 6%
Net profit · FY 2025
₹6.59 Cr margin 4.7%
EBITDA · FY 2025
₹10.05 Cr margin 7.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 22%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 8%
5 years · compounded
▲ 11%

Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 6% growth in the latest year. EBITDA rose 2% 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₹10.05 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6.59 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 Margin7.2%
Net Profit Margin4.7%
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 Devshi Motors Private Limited, buy the company report.

Board of directors of Devshi Motors Private Limited

Devshi Motors has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jayesh Lakshmidas Thaker
Also directs: Devshi Automotiv LLP, Hiragauri Infratech Private Limited
Managing Director31 Jan 20242 Years 9 MonthsCurrent
Satvik Jayesh Thaker
Also directs: Hiragauri Infratech Private Limited
Director05 Jul 20251 Years 4 MonthsCurrent
Mukesh Ramnarayan SharmaAdditional Director21 Aug 20251 Years 2 MonthsCurrent
Hardeep Singh Puri
Also directs: Hiragauri Infratech Private Limited
Additional Director29 Nov 20250 Years 11 MonthsCurrent
View all directors

Peer comparison

Devshi Motors Private Limited is compared with the 4 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers, Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Tyrolit India Superabrasive Tools Private Limited₹140.74 Cr (FY 2025)8.0%Bangalore, Karnataka, India
Shree Balaji Autowheels (India) Private Limited₹140.58 Cr (FY 2025)10.0%Moradabad, Uttar Pradesh, India
Devshi Motors Private Limitedthis company₹140.25 Cr (FY 2025)₹6.59 Cr4.7%6.0%82New Delhi, Delhi, India
Rsa Automotives Private Limited₹140.06 Cr (FY 2025)-6.0%Vadodara, Gujarat, India
Dev Bhoomi Cars Private Limited₹139.93 Cr (FY 2025)-3.0%Una, Himachal Pradesh, India

To see the full peer comparison of Devshi Motors Private Limited, buy the company report.

Auditor

Devshi Motors Private Limited is audited by Gaurav D Sharma & Associates for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Gaurav D Sharma & AssociatesFY 2022030951N

Shareholding

The shareholding of Devshi Motors Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Devshi Motors Private Limited, buy the company report.

Charges & borrowings

Open charges
₹49.5 Cr
Satisfied charges
₹19.93 Cr
Breakdown by lending institutions
Others₹49.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 May 2025101102645Others₹22.5 CrOpen
20 Nov 2023100828622Others₹5 CrOpen
19 Oct 2020100379554Others₹50 LakhOpen
29 Jul 2020100373927Others₹21.5 CrOpen
28 Sep 2018100209072Others₹12 CrSatisfied

To see the full charge records of Devshi Motors Private Limited, buy the company report.

Total charge records: 7 View all charges

Deals & funding

Devshi Motors Private Limited has 15 deals on record (10 secondary share transfers, 5 funding rounds), with disclosed funding of ₹8.15 Cr; the latest was in September 2020.

Total deals
15
Secondary share transfers
10
Funding rounds
5
Disclosed funding
₹8.15 Cr

Deals on record (5 of 15)

WhenDealAmountParties
Sep 2020Secondary share transferUndisclosedBuyer: an individual
Seller: Rachit Nirman Private Limited
Jul 2014Secondary share transferUndisclosedBuyer: an individual
Seller: A.K. Prints Pvt. Ltd.
Mar 2014Secondary share transferUndisclosedBuyer: 4 individuals
Seller: Tapti Trade Links Private Limited, Emerge Dealcomm Private Limited , Surabhi Saree Emporium Private Limited
Feb 2014Secondary share transferUndisclosedBuyer: an individual
Seller: Surabhi Saree Emporium Private Limited
Mar 2011Funding round₹75 LakhInvestors: Surabhi Saree Emporium Private Limited , Emerge Dealcomm Private Limited , Tapti Trade Links Private Limited

To see the full deal history of Devshi Motors Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Devshi Motors Private Limited has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (1 of 1)

SupplierAmount dueDue sinceReported on
R. E. Components Private Limited

To see the full MSME payment records of Devshi Motors Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Devshi Motors Private Limited has a workforce of 82 employees on its EPFO records as of Mar 24, 2024, across 1 active EPFO establishment.

Employee count
82
Active EPFO establishments
1
Employee growth
18.84%

GST

Devshi Motors has 12 GST registrations: 9 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
12
Active
9
Cancelled / inactive
3
GSTINStateStatusRegistered on
07AABCD9558N1Z0DelhiActive01 Jul 2017
20AABCD9558N1ZCJharkhandActive01 Jul 2017
22AABCD9558N1Z8ChattisgarhActive01 Jul 2017
24AABCD9558N1Z4GujaratActive01 Jul 2017

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

Recent activity

Devshi Motors Private Limited has 10 board changes on record since 2019: 4 appointments and 6 cessations. The latest: Hardeep Singh Puri was appointed as Additional Director on 29 Nov 2025.

Appointed
Hardeep Singh Puri was appointed as Additional Director.
Charges
A charge with Others of Rs. 22.50 Cr registered on 05 May 2025 with Charge ID 101102645 was modified on 26 Nov 2025.
Ceased
Kumar Laxmidas Thacker ceased to be Director.
AGM
Devshi Motors Private Limited last Annual general meeting of members was held on 28 Aug 2025 as per latest MCA records.
Ceased
Mukesh Ramnarayan Sharma ceased to be Additional Director.
Ceased
Satvik Jayesh Thaker ceased to be Additional Director.
Appointed
Mukesh Ramnarayan Sharma was appointed as Additional Director.
Appointed
Satvik Jayesh Thaker was appointed as Director.
Charges
A charge with Others amounted to Rs. 22.50 Cr with Charge ID 101102645 was registered on 05 May 2025.
Filing
Devshi Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Ceased
Raman Chawla ceased to be Director.
Charges
A charge with Others of Rs. 21.50 Cr registered on 29 Jul 2020 with Charge ID 100373927 was modified on 18 May 2024.

16 earlier events are in the company report.

Frequently asked questions

Devshi Motors is an active private limited company based in New Delhi, Delhi, India. The company works in heavy engineering and manufacturing, within the machinery and equipment industry. It was incorporated on 10 March 2004 (22+ years old) and is registered under CIN U74999DL2004PTC125085.

Devshi Motors has 4 current directors:

The latest financial statements of Devshi Motors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Devshi Motors is 07AABCD9558N1Z0, registered in Delhi. The company has 12 GST registrations in all, of which 9 are active and 3 are cancelled or inactive. Other active GSTINs include 20AABCD9558N1ZC (Jharkhand), 22AABCD9558N1Z8 (Chattisgarh), 24AABCD9558N1Z4 (Gujarat).

The CIN (Corporate Identification Number) of Devshi Motors is U74999DL2004PTC125085. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Devshi Motors has 10 court cases on record: 10 filed by the company. 3 are pending. Most are in the high courts.

Devshi Motors was incorporated on 10 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.

Devshi Motors has 15 deals on record (10 secondary share transfers, 5 funding rounds), with disclosed funding of ₹8.15 Cr; the latest was in September 2020.

The peers of Devshi Motors by revenue are Tyrolit India Superabrasive Tools Private Limited, Shree Balaji Autowheels (India) Private Limited, Rsa Automotives Private Limited, Dev Bhoomi Cars Private Limited, all in the Automobiles industry (Auto and Components Dealers, Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading).

Hardeep Singh Puri was appointed as Additional Director on 29 Nov 2025. Kumar Laxmidas Thacker ceased to be Director on 09 Sep 2025. Mukesh Ramnarayan Sharma ceased to be Additional Director on 27 Aug 2025. Devshi Motors has 10 board changes on record in total.

Yes, Devshi Motors is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-08-0013715).

Devshi Motors has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 06 Jun 2019.