Devshore Business Solutions Private Limited
About Devshore Business Solutions Private Limited
Data last updated:
Devshore Business Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the scientific services segment of the professional services sector. It was incorporated on 16 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2015PTC084752. Its GSTIN is 29AAFCD6203L1ZI (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Stephen Kirubakaran and Sudhakar Devanesan Stephen Rolance.
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 No 198 Ground Floor Jr Green Park 5th Cross Anekal Chandapura Road, Bangalore, Karnataka, India – 562106.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.62 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net profit of ₹39,200 (net margin 24.1%) and EBITDA of ₹39,200 (EBITDA margin 24.1%). Revenue has declined at a compounded annual rate (CAGR) of 547% over three years and 40% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Devshore Business Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo 198 Ground Floor Jr Green Park 5th Cross Anekal Chandapura Road, Bangalore, Karnataka, India – 562106
- IndustryProfessional Services, Scientific, Technical, Personal
To see the full contact details of Devshore Business Solutions Private Limited, buy the company report.
- 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
Business activity
The main business activity of Devshore Business Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Devshore Business Solutions Private Limited, buy the company report.
Financials of Devshore Business Solutions Private Limited
FY 2025 filings availableDevshore Business Solutions Private Limited reported revenue of ₹1.62 Lakh (down 88% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 40% over five years, including a 88% fall in the latest year. EBITDA rose 399% 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 |
|---|---|---|---|---|---|
| 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 | ₹39,200 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹39,200 | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.1% | ||||
| Net Profit Margin | 24.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Devshore Business Solutions Private Limited, buy the company report.
Board of directors of Devshore Business Solutions Private Limited
Devshore Business Solutions 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 |
|---|---|---|---|---|
| Stephen Kirubakaran | Director | 28 Mar 2017 | 9 Years 7 Months | Current |
| Sudhakar Devanesan Stephen Rolance | Director | 16 Dec 2015 | 10 Years 10 Months | Current |
Peer comparison
Devshore Business Solutions Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Difor Technologies Private Limited | ₹1.63 Lakh (FY 2024) | Pune, Maharashtra, India | ||||
| Logibit Technologies Private Limited | ₹1.63 Lakh (FY 2024) | -58.0% | Sangli, Maharashtra, India | |||
| Shivprema Industries Private Limited | ₹1.63 Lakh (FY 2024) | -17.0% | Chennai, Tamil Nadu, India | |||
| Asts Development Private Limited | ₹1.63 Lakh (FY 2025) | -97.0% | Delhi, India | |||
| Care Web India Private Limited | ₹1.63 Lakh (FY 2023) | 63.0% | Patna, Bihar, India | |||
| Devshore Business Solutions Private Limitedthis company | ₹1.62 Lakh (FY 2025) | ₹39,200 | 24.1% | -88.0% | Bangalore, Karnataka, India | |
| Utsav Tracom Private Limited | ₹1.62 Lakh (FY 2025) | 7.0% | Kolkata, West Bengal, India | |||
| Nuvodux Technologies Private Limited | ₹1.62 Lakh (FY 2022) | 150.0% | Noida, Uttar Pradesh, India | |||
| Blue Webcare Projects Private Limited | ₹1.62 Lakh (FY 2024) | 52.0% | Shimla, Himachal Pradesh, India |
To see the full peer comparison of Devshore Business Solutions Private Limited, buy the company report.
Auditor
Devshore Business Solutions Private Limited is audited by SUMATHI DORAISWAMY & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUMATHI DORAISWAMY & CO. | FY 2017 | 015421S |
Shareholding
The shareholding of Devshore Business Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Devshore Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Devshore Business Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Devshore Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Devshore Business Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCD6203L1ZI | Karnataka | Active | 21 Dec 2019 |
To see the full GST registrations and return filing status of Devshore Business Solutions Private Limited, buy the company report.
Recent activity
Devshore Business Solutions Private Limited has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Nithyananda Armugam ceased to be Additional Director on 25 Feb 2020.
Frequently asked questions
Devshore Business Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in scientific, within the professional services industry. It was incorporated on 16 December 2015 (11+ years old) and is registered under CIN U74900KA2015PTC084752.
Devshore Business Solutions has 2 current directors:
- Stephen Kirubakaran - Director
- Sudhakar Devanesan Stephen Rolance - Director
The latest financial statements of Devshore Business Solutions 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 FY 2016 are in the company report.
The GSTIN of Devshore Business Solutions is 29AAFCD6203L1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of Devshore Business Solutions is U74900KA2015PTC084752. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devshore Business Solutions was incorporated on 16 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Devshore Business Solutions by revenue are Difor Technologies Private Limited, Logibit Technologies Private Limited, Shivprema Industries Private Limited, Asts Development Private Limited, Care Web India Private Limited and 3 more, all in the same principal business activity (other professional, scientific and technical activities).
Nithyananda Armugam ceased to be Additional Director on 25 Feb 2020. Stephen Kirubakaran ceased to be Additional Director on 29 Sep 2018. Anthony Avinash Noel ceased to be Director on 31 Jul 2018. Devshore Business Solutions has 5 board changes on record in total.
The registered office of Devshore Business Solutions is at No 198 Ground Floor Jr Green Park 5th Cross Anekal Chandapura Road, Bangalore, Karnataka, India – 562106.
Devshore Business Solutions operates in the professional services industry, in the scientific segment.
The compliance status of Devshore Business Solutions is compliant as of 05 July 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
