
Devsthan Steel and Power Limited
About Devsthan Steel and Power Limited
Data last updated:
Devsthan Steel and Power Limited is a public limited company based in New Delhi, Delhi, India. It operates in the sports goods segment of the musical instruments sector. It was incorporated on 17 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U27101DL2009PLC197083.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.97 Cr. It is led by directors including Kameswar Dalai and Devaji Kharpuse.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No. 231 Radha Chamber, Plot No. 19 & 20 G Block Commercial Complex, New Delhi, Delhi, India – 110018.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.09 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹6.75 Lakh (net margin -44.7%) and EBITDA of ₹5.47 Lakh (EBITDA margin 36.3%). Revenue has grown at a compounded annual rate (CAGR) of 178% over three years and 82% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Devsthan Steel and Power Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. 231 Radha Chamber, Plot No. 19 & 20 G Block Commercial Complex, New Delhi, Delhi, India – 110018
- IndustryMusical Instruments, Sports Goods, Musical Instrument, Manufacturing, Jewellery
To see the full contact details of Devsthan Steel and Power 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 Devsthan Steel and Power is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Devsthan Steel and Power Limited, buy the company report.
Financials of Devsthan Steel and Power Limited
FY 2025 filings availableDevsthan Steel and Power Limited reported revenue of ₹15.09 Lakh (up 1699% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 82% over five years. 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 | ₹5.47 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.75 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 36.3% | ||||
| Net Profit Margin | -44.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Devsthan Steel and Power Limited, buy the company report.
Board of directors of Devsthan Steel and Power Limited
Devsthan Steel and Power has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kameswar Dalai | Director | 21 May 2015 | 11 Years 5 Months | Current |
| Devaji Kharpuse Also directs: Surya Vijaynagar Cement Limited | Director | 21 May 2015 | 11 Years 5 Months | Current |
| Madhulika Goyal Also directs: Surya Vijaynagar Cement Limited | Director | 21 May 2015 | 11 Years 5 Months | Current |
Auditor
Devsthan Steel and Power Limited is audited by ASHOK KUMAR GOYAL & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK KUMAR GOYAL & CO. | FY 2017 | 02777N |
Shareholding
The shareholding of Devsthan Steel and Power 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 Devsthan Steel and Power Limited, buy the company report.
Legal cases
No court or tribunal cases involving Devsthan Steel and Power 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 Devsthan Steel and Power Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Devsthan Steel and Power Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Devsthan Steel and Power Limited has 17 board changes on record since 2011: 6 appointments and 11 cessations. The latest: Jagveer Singh Saini ceased to be Additional Director on 29 Sep 2024.
8 earlier events are in the company report.
Frequently asked questions
Devsthan Steel and Power is an active public limited company based in New Delhi, Delhi, India. The company works in sports goods, within the musical instruments industry. It was incorporated on 17 December 2009 (17+ years old) and is registered under CIN U27101DL2009PLC197083.
Devsthan Steel and Power has 3 current directors:
- Kameswar Dalai - Director
- Devaji Kharpuse - Director
- Madhulika Goyal - Director
The latest financial statements of Devsthan Steel and Power on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Devsthan Steel and Power is U27101DL2009PLC197083. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devsthan Steel and Power was incorporated on 17 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
Jagveer Singh Saini ceased to be Additional Director on 29 Sep 2024. Pawan Upadhyay ceased to be Additional Director on 29 Sep 2024. Ram Singh ceased to be Additional Director on 29 Sep 2024. Devsthan Steel and Power has 17 board changes on record in total.
The registered office of Devsthan Steel and Power is at Office No. 231 Radha Chamber, Plot No. 19 & 20 G Block Commercial Complex, New Delhi, Delhi, India – 110018.
Devsthan Steel and Power operates in the musical instruments industry, in the sports goods segment.
The compliance status of Devsthan Steel and Power is compliant as of 12 July 2026. The company is actively filing with the Registrar of Companies.
Devsthan Steel and Power can be reached at its registered office: Office No. 231 Radha Chamber, Plot No. 19 & 20 G Block Commercial Complex, New Delhi, Delhi, India – 110018.

