About Devson Catalyst Limited
Data last updated:
Devson Catalyst Limited is a public limited company based in Wadhwancity, Gujarat, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 10 September 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31300GJ2004PLC044722. Its GSTIN is 24AACCD0456C1ZB (Gujarat).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹10.25 Cr. It was formerly known as Devson Insulators Private Limited. It is led by directors including Savanbhai Prahladbhai Patel (Managing Director) and Prahlad Devajibhai Shiyaniya (Whole-Time Director).
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 Wadhwancity, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹53.44 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹7.55 Cr (net margin 14.1%) and EBITDA of ₹11.3 Cr (EBITDA margin 21.2%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 37% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Devson Catalyst. As per MCA filings, the company has open charges of ₹6.56 Cr and satisfied charges of ₹2.25 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it. The company has 1 deal on record (1 ipo); the latest was in July 2026. Its 10 peer companies in the same principal business activity (Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 5 larger and 5 smaller; the largest is Sehgal Jewels Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devsongroup.com.
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- Registered AddressPlot No 213 To 218 And 233 To 237, Phase II Ambawadi GIDC, Wadhwancity, Gujarat, India – 363030
- IndustryChemicals and Materials, Specialty Chemicals
- 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 Devson Catalyst Limited
The main business activity of Devson Catalyst is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. 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 Devson Catalyst Limited FY 2025 filings available
Devson Catalyst Limited reported revenue of ₹53.44 Cr (up 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Devson Catalyst Limited
Revenue has grown at a compounded annual rate (CAGR) of 37% over five years, including 22% growth in the latest year. EBITDA rose 78% 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 Devson Catalyst 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 | ₹53.44 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹11.3 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.55 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 Devson Catalyst Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 14.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Devson Catalyst 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 Devson Catalyst Limited
Devson Catalyst Limited is compared with the companies closest to it by revenue in the same principal business activity (Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sehgal Jewels Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| SNL Bearings Limited Listed | •••• | •••• | •••• | •••• | 138 | Mumbai - 400 001., Maharashtra, India |
| Tirumala Aerated Blocks Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Whitemark Limited | •••• | •••• | •••• | •••• | 20 | New Delhi, Delhi, India |
| Raj Hair International Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Kalyan Jewellers Mini Stores Private Limited | •••• | •••• | •••• | •••• | - | Thrissur, Kerala, India |
| Sivam Jewellers Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Faz Enterprise Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Devson Catalyst Limited this company | •••• | •••• | •••• | •••• | - | Wadhwancity, Gujarat, India |
| Leo Da Vinci Exports Limited | •••• | •••• | •••• | •••• | 19 | Opposite Seepz, Maharashtra, India |
| Estelle Chemicals Private Limited | •••• | •••• | •••• | •••• | - | Ahmednagar, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Devson Catalyst by revenue in the same principal business activity (Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Devson Catalyst Limited
Devson Catalyst has 6 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prahlad Devajibhai Shiyaniya Also directs: Devson Ventures LLP | Whole-Time Director | 10 Sep 2004 | 22 Years 0 Months | Current |
| Pratapbhai Devjibhai Siyania Also directs: Devson Ventures LLP | Whole-Time Director | 10 Sep 2004 | 22 Years 0 Months | Current |
| Savanbhai Prahladbhai Patel Also directs: Devson Ventures LLP | Managing Director | 21 Nov 2015 | 10 Years 10 Months | Current |
| Prashant Harivallabh Jani | Director | 10 Dec 2025 | 0 Years 9 Months | Current |
| Krishna Savanbhai Patel Also directs: Devson Ventures LLP | Director | 10 Dec 2025 | 0 Years 9 Months | Current |
| Prakashkumar Rewatilal Verma | Director | 15 Dec 2025 | 0 Years 9 Months | Current |
Charges & Borrowings of Devson Catalyst Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Sep 2025 | Others | ₹1.06 Cr | Open |
| 29 Jul 2025 | Others | ₹1.79 Cr | Open |
| 29 Jul 2025 | Others | ₹21 Lakh | Open |
| 30 Jul 2019 | Axis Bank Limited | ₹3.5 Cr | Open |
| 22 Jun 2011 | Others | ₹1.63 Cr | Satisfied |
Total charge records: 7 View all charges
Deals & Funding of Devson Catalyst Limited
Devson Catalyst Limited has 1 deal on record (1 ipo); the latest was in July 2026.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2026 | IPO | ₹42.34 Cr | Investors: India Max InvestmentFund Limited, Invicto Multiplier Fund, Brescon OpportunitiesFund Seller: 4 individuals |
Full deal history
All 1 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 Devson Catalyst Limited
Devson Catalyst Limited has 2 court cases on record: 1 filed by Devson Catalyst, 1 filed against it. All cases are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Surendranagar, Gujarat | Court case (CR EN) | Filed by the company against Vam Group Hi Tech Engg. Pvt. Ltd | Disposed |
| District court, Alappuzha, Kerala | Civil suit | Filed against the company by Vam Group Hi Tech Engg(Pvt) Ltd | Disposed |
Full case history
All 2 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.
Associated Brands with Devson Catalyst Limited
Devson Catalyst operates one associated brand: Devson Catalyst. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures catalysts, adsorbents, and bed support media for diverse industries worldwide. | devsongroup.com |
Employees and EPFO Compliance at Devson Catalyst Limited
Employment history and EPFO contributions of people linked to Devson Catalyst.
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.
Name History of Devson Catalyst Limited
Devson Catalyst has undergone 2 name changes throughout its history. The company was previously known as Devson Insulators Private Limited, and Devson Catalyst Limited. The current legal name is Devson Catalyst Limited.
| Company Name | Status |
|---|---|
| Devson Catalyst Limited | Current |
| Devson Insulators Private Limited | Previous |
CIN History of Devson Catalyst Limited
Devson Catalyst has one previous CIN (Corporate Identification Number): U31300GJ2004PTC044722. The current CIN is U31300GJ2004PLC044722, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31300GJ2004PLC044722 | Current |
| U31300GJ2004PTC044722 | Previous |
Recent Activity on Devson Catalyst Limited
Devson Catalyst Limited has 12 board changes on record since 2004: 6 appointments and 6 cessations. The latest: Prakashkumar Rewatilal Verma was appointed as Director on 15 Dec 2025.
16 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Devson Catalyst 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 Devson Catalyst 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 Devson Catalyst 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 Devson Catalyst Limited
Devson Catalyst has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCD0456C1ZB | 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 Devson Catalyst 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 Devson Catalyst Limited
Devson Catalyst is an active public limited company based in Wadhwancity, Gujarat, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 10 September 2004 (22+ years old) and is registered under CIN U31300GJ2004PLC044722.
Devson Catalyst reported revenue of ₹53.44 Cr for FY 2025 (up 22% YoY).
Devson Catalyst has 6 current directors:
- Savanbhai Prahladbhai Patel - Managing Director
- Prahlad Devajibhai Shiyaniya - Whole-Time Director
- Pratapbhai Devjibhai Siyania - Whole-Time Director
- Prashant Harivallabh Jani - Director
- Krishna Savanbhai Patel - Director
- Prakashkumar Rewatilal Verma - Director
Devson Catalyst reported a net profit of ₹7.55 Cr (net margin 14.1%) and EBITDA of ₹11.3 Cr (EBITDA margin 21.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devson Catalyst is 38% over three years and 37% over five years. In the latest year (FY 2025) revenue rose 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devson Catalyst is 24AACCD0456C1ZB, registered in Gujarat.
The CIN (Corporate Identification Number) of Devson Catalyst is U31300GJ2004PLC044722. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devson Catalyst has 2 court cases on record: 1 filed by the company and 1 filed against it.
Devson Catalyst was incorporated on 10 September 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Devson Catalyst has 1 deal on record (1 ipo); the latest was in July 2026.
The peers of Devson Catalyst by revenue are Sehgal Jewels Private Limited, SNL Bearings Limited, Tirumala Aerated Blocks Private Limited, Whitemark Limited, Raj Hair International Private Limited and 5 more, all in the same principal business activity (Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).