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 10 peer companies in the Automobiles industry (Auto and Components Dealers, Machinery and Equipment Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Movish Automobile Private Limited with revenue of ₹141.35 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.
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.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressUnit No 207B 2nd Floor Rectangle – 1, D – 4 District Center, New Delhi, Delhi, India – 110017
- IndustryMachinery and Equipment, Heavy Engineering & Manufacturing, Industrial Machinery Retail & Distribution
- 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 Devshi Motors Private Limited
The main business activity of Devshi Motors is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Devshi Motors Private Limited FY 2025 filings available
Devshi Motors Private Limited reported revenue of ₹140.25 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Devshi Motors Private Limited
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 of Devshi Motors 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 | •••• | •••• | •••• | •••• | •••• |
| 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 of Devshi Motors Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Devshi Motors 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.
Peer Comparison of Devshi Motors Private Limited
Devshi Motors Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers, Machinery and Equipment Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Movish Automobile Private Limited | ₹141.35 Cr (FY 2025) | •••• | •••• | 209.0% | •••• | Ahmedabad, Gujarat, India |
| Tyrolit India Superabrasive Tools Private Limited | ₹140.74 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Bangalore, Karnataka, India |
| Kamal Automart Private Limited | ₹140.6 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Kota, Rajasthan, India |
| Shree Balaji Autowheels (India) Private Limited | ₹140.58 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Moradabad, Uttar Pradesh, India |
| Select Motors Private Limited | ₹140.51 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Jabalpur, Madhya Pradesh, India |
| Devshi Motors Private Limited this company | ₹140.25 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | New 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 |
| Cherukara Vehicles Private Limited | ₹139.87 Cr (FY 2025) | •••• | •••• | 71.0% | •••• | Ernakulam, Kerala, India |
| NRV Logistics Private Limited | ₹139.71 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | New Delhi, Delhi, India |
| Vinayak Autotrade Private Limited | ₹139.63 Cr (FY 2025) | •••• | •••• | -61.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Devshi Motors by revenue in the Automobiles industry (Auto and Components Dealers, Machinery and Equipment Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Devshi Motors Private Limited
Devshi Motors Private Limited is audited by Gaurav D Sharma & Associates for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Gaurav D Sharma & 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 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayesh Lakshmidas Thaker Also directs: Devshi Automotiv LLP, Hiragauri Infratech Private Limited | Managing Director | 31 Jan 2024 | 2 Years 8 Months | Current |
| Satvik Jayesh Thaker Also directs: Hiragauri Infratech Private Limited | Director | 05 Jul 2025 | 1 Years 3 Months | Current |
| Mukesh Ramnarayan Sharma | Additional Director | 21 Aug 2025 | 1 Years 1 Months | Current |
| Hardeep Singh Puri Also directs: Hiragauri Infratech Private Limited | Additional Director | 29 Nov 2025 | 0 Years 10 Months | Current |
Ownership and Shareholding of Devshi Motors 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 Devshi Motors Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 May 2025 | Others | ₹22.5 Cr | Open |
| 20 Nov 2023 | Others | ₹5 Cr | Open |
| 19 Oct 2020 | Others | ₹50 Lakh | Open |
| 29 Jul 2020 | Others | ₹21.5 Cr | Open |
| 28 Sep 2018 | Others | ₹12 Cr | Satisfied |
Total charge records: 7 View all charges
Deals & Funding of Devshi Motors Private Limited
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.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Rachit Nirman Private Limited |
| Jul 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: A.K. Prints Pvt. Ltd. |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Tapti Trade Links Private Limited, Emerge Dealcomm Private Limited , Surabhi Saree Emporium Private Limited |
| Feb 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Surabhi Saree Emporium Private Limited |
| Mar 2011 | Funding round | ₹75 Lakh | Investors: Surabhi Saree Emporium Private Limited , Emerge Dealcomm Private Limited , Tapti Trade Links Private Limited |
Full deal history
All 15 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Devshi Motors Private Limited
Devshi Motors Private Limited has 10 court cases on record: 10 filed by Devshi Motors. 3 cases are pending and 7 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 0 |
| District courts | 3 | 0 | 3 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against Gajraj Mining Private Limited | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, South, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Assistant Commissioner of Income Tax, Central Circle 8, Delhi & Anr | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Deputy/Assistant Commissioner of Income Tax, Central Circle 8 & Ors | Disposed |
Full case history
All 10 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.
MSME Payment Delays by Devshi Motors Private Limited
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)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| R. E. Components Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Devshi Motors Private Limited
Devshi Motors Private Limited has a workforce of 82 employees as of Mar 24, 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.
Recent Activity on Devshi Motors Private Limited
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.
16 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Devshi Motors 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.
Subsidiaries & Group Companies of Devshi Motors 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 Devshi Motors Private Limited
Devshi Motors has 12 GST registrations: 9 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCD9558N1Z0 | Delhi | Active | 01 Jul 2017 |
| 20AABCD9558N1ZC | Jharkhand | Active | 01 Jul 2017 |
| 22AABCD9558N1Z8 | Chattisgarh | Active | 01 Jul 2017 |
| 24AABCD9558N1Z4 | 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.
MCA Filings & Documents of Devshi Motors 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 Devshi Motors Private Limited
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 reported revenue of ₹140.25 Cr for FY 2025 (up 6% YoY).
Devshi Motors has 4 current directors:
- Jayesh Lakshmidas Thaker - Managing Director
- Satvik Jayesh Thaker - Director
- Mukesh Ramnarayan Sharma - Additional Director
- Hardeep Singh Puri - Additional Director
Devshi Motors reported a net profit of ₹6.59 Cr (net margin 4.7%) and EBITDA of ₹10.05 Cr (EBITDA margin 7.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devshi Motors is 22% over three years and 18% over five years. In the latest year (FY 2025) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
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 Movish Automobile Private Limited, Tyrolit India Superabrasive Tools Private Limited, Kamal Automart Private Limited, Shree Balaji Autowheels (India) Private Limited, Select Motors Private Limited and 5 more, all in the Automobiles industry (Auto and Components Dealers, Machinery and Equipment Retail and Distribution).
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.