About Devsys Embedded Technologies Private Limited
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Devsys Embedded Technologies Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 13 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2016PTC085245. Its GSTIN is 29AAFCD6096B1ZK (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹40.04 Lakh. It is led by directors including Ramesh Keelambi Subbarao (Managing Director) and Chethan Kumar Halappa.
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 Ubiquity No. 117 2nd Floor Infantry Road Shivaji Nagar, Bengaluru, Karnataka, India – 560001.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.43 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹49.03 Lakh (net margin 4.7%) and EBITDA of ₹68.52 Lakh (EBITDA margin 6.6%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years and 86% over five years.
The company has about 36 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devsystech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressUbiquity No. 117 2nd Floor Infantry Road Shivaji Nagar, Bengaluru, Karnataka, India – 560001
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Devsys Embedded Technologies Private Limited
The main business activity of Devsys Embedded Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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.
Auditor Details of Devsys Embedded Technologies Private Limited
Devsys Embedded Technologies Private Limited is audited by KEREMUTT AND ASSOCIATES LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KEREMUTT AND ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Devsys Embedded Technologies Private Limited
Devsys Embedded Technologies Private Limited currently reports 3 directors and 1 key managerial person. 3 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chethan Kumar Halappa | Director | 27 Feb 2020 | 6 Years 7 Months | Current |
| Chikka Revanna Deepak | Director | 26 Feb 2020 | 6 Years 7 Months | Current |
| Naveen Chandra Maddur Jayaramu | Ceo | 27 Feb 2020 | 6 Years 7 Months | Current |
| Ramesh Keelambi Subbarao Also directs: Idea Infinity IT Solutions Private Limited, Virtualtech Health Clinics Private Limited, Annasudha Krishi Private Limited and 1 more | Managing Director | 26 Feb 2020 | 6 Years 7 Months | Current |
Financials of Devsys Embedded Technologies Private Limited FY 2025 filings available
Devsys Embedded Technologies Private Limited reported revenue of ₹10.43 Cr (up 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Devsys Embedded Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 86% over five years, including 4% growth in the latest year. EBITDA rose 16% 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 Devsys Embedded Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹68.52 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹49.03 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Devsys Embedded Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Devsys Embedded Technologies are in the company report.
Financial statements from FY 2016
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.
Ownership and Shareholding of Devsys Embedded Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Devsys Embedded Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Mar 2025 | Hdfc Bank Limited | ₹25 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Devsys Embedded Technologies Private Limited
Devsys Embedded Technologies Private Limited has a workforce of 36 employees as of Mar 23, 2024.
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.
GST Compliance of Devsys Embedded Technologies Private Limited
Devsys Embedded Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCD6096B1ZK | Karnataka | 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.
Credit Ratings, Litigation & Regulatory Alerts for Devsys Embedded Technologies Private 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 Devsys Embedded Technologies Private 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 Devsys Embedded Technologies Private 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.
MCA Filings & Documents of Devsys Embedded Technologies Private 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.
Recent Activity on Devsys Embedded Technologies Private Limited
Frequently Asked Questions about Devsys Embedded Technologies Private Limited
Devsys Embedded Technologies is an active private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 13 January 2016 (10+ years old) and is registered under CIN U74900KA2016PTC085245.
Devsys Embedded Technologies reported revenue of ₹10.43 Cr for FY 2024 (up 4% YoY).
Devsys Embedded Technologies has 4 current directors and KMP:
- Ramesh Keelambi Subbarao - Managing Director
- Chethan Kumar Halappa - Director
- Chikka Revanna Deepak - Director
- Naveen Chandra Maddur Jayaramu - Ceo
Devsys Embedded Technologies reported a net profit of ₹49.03 Lakh (net margin 4.7%) and EBITDA of ₹68.52 Lakh (EBITDA margin 6.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devsys Embedded Technologies is 54% over three years and 86% over five years. In the latest year (FY 2024) revenue rose 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devsys Embedded Technologies is 29AAFCD6096B1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Devsys Embedded Technologies is U74900KA2016PTC085245. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devsys Embedded Technologies was incorporated on 13 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Devsys Embedded Technologies can be reached through the website devsystech.com. Its registered office is in Bengaluru, Karnataka, India.