Devsource Project Private Limited

Devsource Project Private Limited - construction in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U45201DL2018PTC340818 Incorporated 22 October 2018 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company construction MSME · Micro
Revenue · FY 2024
₹20 Lakh
▲ 372% YoY
Net profit · FY 2024
₹2.51 Lakh
Net margin 12.5%
EBITDA · FY 2024
₹2.58 Lakh
EBITDA margin 12.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Devsource Project Private Limited

Data last updated:

Devsource Project Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the alteration and renovation services segment of the construction sector. It was incorporated on 22 October 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45201DL2018PTC340818. Its GSTIN is 07AAGCD9182M1Z1 (Delhi).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Varsha Panwar and Anil Panwar.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at House No.177 Blk – H Naraina Vihar, New Delhi, Delhi, India – 110028.

As per the financials filed for FY 2024, the company reported a revenue of ₹20 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.51 Lakh (net margin 12.5%) and EBITDA of ₹2.58 Lakh (EBITDA margin 12.9%).

Devsource Project Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-10-0024813).

Company details

CIN U45201DL2018PTC340818
Registration Number 340818
Incorporation Date 22 October 2018
ROC Delhi
Listing Status Unlisted
Company Status Active
MSME Classification Micro
Udyam Registration UDYAM-DL-10-0024813

CIN history

Devsource Project has one previous CIN (Corporate Identification Number): U74990DL2018PTC340818. The current CIN is U45201DL2018PTC340818, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U45201DL2018PTC340818Current
U74990DL2018PTC340818Previous

Recognitions & Rankings of Devsource Project

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-DL-10-0024813

Contact details

Devsource Project Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.

  • Email
  • Registered Address
    House No.177 Blk – H Naraina Vihar, New Delhi, Delhi, India – 110028
  • Industry
    Construction, Alteration, Repair & Maintenance, Civil Engineering, Construction, Complete Constructions

To see the full contact details of Devsource Project Private Limited, buy the company report.

Comprehensive company report
Devsource Project 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
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Business activity

The main business activity of Devsource Project is construction. In detail, this covers buildings.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF1Buildings

To see the full business activity and turnover split of Devsource Project Private Limited, buy the company report.

Financials of Devsource Project Private Limited

FY 2024 filings available

Devsource Project Private Limited reported revenue of ₹20 Lakh (up 372% YoY) for FY 2024.

Revenue · FY 2024
₹20 Lakh ▲ 372%
Net profit · FY 2024
₹2.51 Lakh margin 12.5%
EBITDA · FY 2024
₹2.58 Lakh margin 12.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 372%
EBITDA CAGR growth
1 year
▲ 117%
3 years · compounded
▲ 84%
5 years · compounded
▲ 68%

Revenue rose 372% in the latest year. EBITDA rose 117% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹2.58 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.51 Lakh
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin12.9%
Net Profit Margin12.5%
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 Devsource Project Private Limited, buy the company report.

Board of directors of Devsource Project Private Limited

Devsource Project has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Varsha PanwarDirector30 Dec 20223 Years 10 MonthsCurrent
Anil PanwarDirector22 Oct 20188 Years 0 MonthsCurrent

Peer comparison

Devsource Project Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Devsource Project Private Limitedthis company₹20 Lakh (FY 2024)₹2.51 Lakh12.5%372.0%New Delhi, Delhi, India
Frontiers Infra Projects (India) Private Limited₹20 Lakh (FY 2025)100.0%Hyderabad, Telangana, India
E-Sun Foundation (India) Private Limited₹20 Lakh (FY 2018)-18.0%Chennai, Tamil Nadu, India
Lehal Infrastructure Private Limited₹20 Lakh (FY 2025)-43.0%Kolkata, West Bengal, India

To see the full peer comparison of Devsource Project Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Devsource Project Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Devsource Project has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
07AAGCD9182M1Z1DelhiActive19 Sep 2019

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

Recent activity

Devsource Project Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Rabin Kumar Dev ceased to be Director on 30 Dec 2022.

AGM
Devsource Project Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Devsource Project Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Ceased
Rabin Kumar Dev ceased to be Director.
Appointed
Varsha Panwar was appointed as Director.
Ceased
Varsha Panwar ceased to be Additional Director.
Appointed
Anil Panwar was appointed as Director.
Incorporation
22 Oct 2018
Devsource Project Private Limited was registered on 22 Oct 2018 with Roc Delhi & aged 8 years 24 days as per MCA records.

Frequently asked questions

Devsource Project is an active private limited company based in New Delhi, Delhi, India. The company works in alteration, within the construction industry. It was incorporated on 22 October 2018 (8+ years old) and is registered under CIN U45201DL2018PTC340818.

Devsource Project has 2 current directors:

The latest financial statements of Devsource Project on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Devsource Project is 07AAGCD9182M1Z1, registered in Delhi.

The CIN (Corporate Identification Number) of Devsource Project is U45201DL2018PTC340818. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Devsource Project was incorporated on 22 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Devsource Project by revenue are Frontiers Infra Projects (India) Private Limited, E-Sun Foundation (India) Private Limited, Lehal Infrastructure Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).

Rabin Kumar Dev ceased to be Director on 30 Dec 2022. Varsha Panwar was appointed as Director on 30 Dec 2022. Varsha Panwar ceased to be Additional Director on 30 Dec 2022. Devsource Project has 4 board changes on record in total.

Yes, Devsource Project is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-10-0024813).

The registered office of Devsource Project is at House No.177 Blk – H Naraina Vihar, New Delhi, Delhi, India – 110028.

Devsource Project operates in the construction industry, in the alteration segment.