DPIIT recognised startup Government of India
Startup India
Devsynthesis India Private Limited - chemicals and materials in Secunderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹21.59 Cr
▲ 41% YoY
Net profit · FY 2023
₹89.66 Lakh
Net margin 4.2%
EBITDA · FY 2023
₹67.62 Lakh
EBITDA margin 3.1%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹6 Lakh
Issued & subscribed
Open charges
₹13.54 Cr
Satisfied ₹2.85 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
119
Provident fund records
About Devsynthesis India Private Limited
Data last updated:
Devsynthesis India Private Limited is a private limited company based in Secunderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 31 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24303TG2016PTC112711. Its GSTIN is 36AAFCD8993F1Z7 (Telangana).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors Ashutosh Pathak (Managing Director) and Meenakshi Pathak (Whole-Time Director).
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 Secunderabad, Telangana.
As per the financials filed for FY 2023, the company reported a revenue of ₹21.59 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹89.66 Lakh (net margin 4.2%) and EBITDA of ₹67.62 Lakh (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 29% over five years.
The company has about 119 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Devsynthesis. As per MCA filings, the company has open charges of ₹13.54 Cr and satisfied charges of ₹2.85 Cr on record.
Devsynthesis India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TS-02-0017056). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dev-synthesis.com.
Company details
CIN U24303TG2016PTC112711
Registration Number 112711
Incorporation Date 31 October 2016
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-TS-02-0017056
Recognitions & Rankings of Devsynthesis India
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-TS-02-0017056
Contact details
Devsynthesis India Private Limited's registered office is in Secunderabad, Telangana. Its website is dev-synthesis.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No.305 3rd Floor H.No.3 – 64/Sr/305 Shreya Towers Kompally Village Quthbulla, Pur Mandal, Secunderabad, Telangana, India – 500014
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Devsynthesis India Private Limited, buy the company report.
Comprehensive company report
Devsynthesis India 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Devsynthesis India operates one associated brand: Devsynthesis. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive chemistry discovery, process development, and analytical services. | dev-synthesis.com |
Financials of Devsynthesis India Private Limited
FY 2024 filings availableDevsynthesis India Private Limited reported revenue of ₹21.59 Cr (up 41% YoY) for FY 2023.
Revenue · FY 2023
₹21.59 Cr ▲ 41%
Net profit · FY 2023
₹89.66 Lakh margin 4.2%
EBITDA · FY 2023
₹67.62 Lakh margin 3.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 41%
5 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▼ 62%
5 years · compounded
▲ 1%
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 41% growth in the latest year. EBITDA fell 62% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹21.59 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹67.62 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹89.66 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | 4.2% | ||||
| 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 Devsynthesis India Private Limited, buy the company report.
Board of directors of Devsynthesis India Private Limited
Devsynthesis India has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashutosh Pathak | Managing Director | 31 Oct 2016 | 9 Years 11 Months | Current |
| Meenakshi Pathak | Whole-Time Director | 31 Oct 2016 | 9 Years 11 Months | Current |
Auditor
Devsynthesis India Private Limited is audited by RAO RAJU & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAO RAJU & ASSOCIATES | FY 2023 | 011401S |
Shareholding
The shareholding of Devsynthesis India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Devsynthesis India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹13.54 Cr
Satisfied charges
₹2.85 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2023 | 100853195 | Hdfc Bank Limited | ₹24.68 Lakh | Open | |
| 08 Oct 2021 | 100491987 | Hdfc Bank Limited | ₹13.3 Cr | Open | |
| 18 Aug 2023 | 100803369 | Axis Bank Limited | ₹2 Cr | Satisfied | |
| 14 Aug 2019 | 100287438 | Axis Bank Limited | ₹85 Lakh | Satisfied |
To see the full charge records of Devsynthesis India Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Devsynthesis India 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 Devsynthesis India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Devsynthesis India Private Limited has a workforce of 119 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
119
Active EPFO establishments
1
Employee growth
40%
GST
Devsynthesis India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCD8993F1Z7 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Devsynthesis India Private Limited, buy the company report.
Recent activity
Devsynthesis India Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Ashutosh Pathak was appointed as Managing Director on 31 Oct 2016.
Charges
A charge with Hdfc Bank Limited of Rs. 1,329.65 Lakh registered on 08 Oct 2021 with Charge ID 100491987 was modified on 27 Jun 2025.
Charges
A charge registered on 18 Aug 2023 via Charge ID 100803369 with Axis Bank Limited was fully satisfied on 24 Mar 2025.
AGM
Devsynthesis India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Devsynthesis India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 24.68 Lakh with Charge ID 100853195 was registered on 30 Oct 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 100803369 was registered on 18 Aug 2023.
Charges
A charge registered on 14 Aug 2019 via Charge ID 100287438 with Axis Bank Limited was fully satisfied on 12 Jan 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,329.65 Lakh with Charge ID 100491987 was registered on 08 Oct 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 85.00 Lakh with Charge ID 100287438 was registered on 14 Aug 2019.
Appointed
Ashutosh Pathak was appointed as Managing Director.
Appointed
Meenakshi Pathak was appointed as Whole-Time Director.
Incorporation
31 Oct 2016
Devsynthesis India Private Limited was registered on 31 Oct 2016 with Roc Hyderabad & aged 9 years 11 months as per MCA records.
Frequently asked questions
Devsynthesis India is an active private limited company based in Secunderabad, Telangana, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 31 October 2016 (10+ years old) and is registered under CIN U24303TG2016PTC112711.
Devsynthesis India has 2 current directors:
- Ashutosh Pathak - Managing Director
- Meenakshi Pathak - Whole-Time Director
The latest financial statements of Devsynthesis India 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 2017 are in the company report.
The GSTIN of Devsynthesis India is 36AAFCD8993F1Z7, registered in Telangana.
The CIN (Corporate Identification Number) of Devsynthesis India is U24303TG2016PTC112711. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devsynthesis India was incorporated on 31 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
Ashutosh Pathak was appointed as Managing Director on 31 Oct 2016. Meenakshi Pathak was appointed as Whole-Time Director on 31 Oct 2016.
Yes, Devsynthesis India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Devsynthesis India is registered as an MSME under Udyam registration (number: UDYAM-TS-02-0017056).
Devsynthesis India can be reached through the website dev-synthesis.com. Its registered office is in Secunderabad, Telangana, India.