- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-10-0024813

Devsource Project Private Limited
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 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.
| CIN | Status |
|---|---|
| U45201DL2018PTC340818 | Current |
| U74990DL2018PTC340818 | Previous |
Recognitions & Rankings of Devsource Project
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 AddressHouse No.177 Blk – H Naraina Vihar, New Delhi, Delhi, India – 110028
- IndustryConstruction, Alteration, Repair & Maintenance, Civil Engineering, Construction, Complete Constructions
To see the full contact details of Devsource Project 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 Devsource Project is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
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 availableDevsource Project Private Limited reported revenue of ₹20 Lakh (up 372% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.58 Lakh | ||||
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| Net Profit (PAT) | ₹2.51 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.9% | ||||
| Net Profit Margin | 12.5% | ||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varsha Panwar | Director | 30 Dec 2022 | 3 Years 10 Months | Current |
| Anil Panwar Also directs: RKD Medical Private Limited | Director | 22 Oct 2018 | 8 Years 0 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Devsource Project Private Limitedthis company | ₹20 Lakh (FY 2024) | ₹2.51 Lakh | 12.5% | 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.
Legal cases
No court or tribunal cases involving Devsource Project 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 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.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAGCD9182M1Z1 | Delhi | Active | 19 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.
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:
- Varsha Panwar - Director
- Anil Panwar - Director
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.

