About Devu Tools Private Limited
Data last updated:
Devu Tools Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 27 August 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29295MH1999PTC121489. Its GSTIN is 27AAACD8770H1ZG (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.47 Cr. It is led by directors Devaraya Manjunath Sheregar (Managing Director) and Anitha Devaraya Sheregar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹131.61 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹9.32 Cr (net margin 7.1%) and EBITDA of ₹45.01 Cr (EBITDA margin 34.2%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 6% over five years.
The company has about 554 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹438.8 Cr and satisfied charges of ₹142.62 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 2 cases are pending. The company has 6 deals on record (5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹19.37 Cr; the latest was in March 2017. Its 10 peer companies in the Machinery and Equipment industry (Tools and Components) are compared by revenue, 5 larger and 5 smaller; the largest is Uni Deritend Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devutools.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressA/44 2nd Floor Nandjyot Industrial Estate, Kurla Andheri Road Safed Pool Sakinaka, Mumbai, Maharashtra, India – 400072
- IndustryManufacturing, Die Casting & Metal Forming
- 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 Devu Tools Private Limited
The main business activity of Devu Tools is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | 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.
Financials of Devu Tools Private Limited FY 2024 filings available
Devu Tools Private Limited reported revenue of ₹131.61 Cr (down 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Devu Tools Private Limited
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA rose 4% 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 Devu Tools Private Limited
| 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 | ₹45.01 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.32 Cr | •••• | •••• | •••• | •••• |
| 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 of Devu Tools Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.1% | •••• | •••• | •••• | •••• |
| 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 Devu Tools are in the company report.
Financial statements from 2015
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.
Peer Comparison of Devu Tools Private Limited
Devu Tools Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Uni Deritend Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Mallik Engineering (India) Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Manu Yantralaya Private Limited | •••• | •••• | •••• | •••• | 251 | Jaipur, Rajasthan, India |
| Rishabh Enterprises Hvac&R Private Limited | •••• | •••• | •••• | •••• | 37 | Chennai, Tamil Nadu, India |
| Sanjay Techno Plast Private Limited | •••• | •••• | •••• | •••• | 11 | Aurangabad, Maharashtra, India |
| Devu Tools Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Sprayking Limited Listed | •••• | •••• | •••• | •••• | - | Jamnagar, Gujarat, India |
| Patvin Engineering Private Limited | •••• | •••• | •••• | •••• | 147 | Mumbai, Maharashtra, India |
| Guhring (India) Private Limited | •••• | •••• | •••• | •••• | 130 | Bangalore, Karnataka, India |
| Malke Private Limited | •••• | •••• | •••• | •••• | - | Ut, Chandigarh, India |
| Leo Electrods Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Devu Tools by revenue in the Machinery and Equipment industry (Tools and Components), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Devu Tools Private Limited
Devu Tools Private Limited is audited by Ramesh Sunil & Associates for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ramesh Sunil & Associates | 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 of Devu Tools Private Limited
Devu Tools has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devaraya Manjunath Sheregar Also directs: Splendid Wintrade LLP, Aquafit Piping Systems (I) Private Limited, Hosmane Gowramma Manjunatha Foundation and 2 more | Managing Director | 27 Aug 1999 | 27 Years 1 Months | Current |
| Anitha Devaraya Sheregar | Director | 27 Aug 1999 | 27 Years 1 Months | Current |
Ownership and Shareholding of Devu Tools 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 Devu Tools Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Dec 2025 | Others | ₹1.28 Cr | Open |
| 19 May 2025 | Others | ₹35.5 Cr | Open |
| 19 May 2025 | The Bharat Co-Operative Bank(Mumbai) Ltd | ₹5 Cr | Open |
| 25 Feb 2025 | Others | ₹3.5 Cr | Open |
| 30 Dec 2024 | Yes Bank Limited | ₹83.85 Lakh | Open |
Total charge records: 51 View all charges
Deals & Funding of Devu Tools Private Limited
Devu Tools Private Limited has 6 deals on record (5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹19.37 Cr; the latest was in March 2017.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Funding round | ₹10.01 Cr | Investors: 2 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Devaraya M. Sheregar (HUF) Seller: an individual |
| Mar 2010 | Funding round | ₹2.5 Cr | Investors: Sri Ganesh Spinners Limited, Prabhav Industries Limited , Sanguine Media Limited |
| Mar 2009 | Funding round | ₹3.95 Cr | Investors: Aadhaar Ventures India Limited , Nova Corporate Services Private Limited , Gyaneshwar Trading And Finance Company Limited, an individual |
| Mar 2008 | Funding round | ₹1.95 Cr | Investors: Young and Grow Marketing India Private Limited , Bharatam Ventures Limited |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Devu Tools Private Limited
Devu Tools Private Limited has 4 court cases on record: 2 filed by Devu Tools, 2 filed against it. 2 cases are pending and 2 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by HTS Hot Runner Systems India Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against Smashtech Auto Private Limited | Pending |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by HTS Hot Runner Systems India Private Limited | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Ref.IDA) | Filed by the company against an individual | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Devu Tools Private Limited
Devu Tools Private Limited has a workforce of 554 employees as of Sep 25, 2025.
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.
Recent Activity on Devu Tools Private Limited
Devu Tools Private Limited has 2 board changes on record since 1999: 2 appointments. The latest: Anitha Devaraya Sheregar was appointed as Director on 27 Aug 1999.
75 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Devu Tools 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 Devu Tools 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 Devu Tools 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.
GST Compliance of Devu Tools Private Limited
Devu Tools has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACD8770H1ZG | Maharashtra | 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.
MCA Filings & Documents of Devu Tools 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.
Frequently Asked Questions about Devu Tools Private Limited
Devu Tools is an active private limited company based in Mumbai, Maharashtra, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 27 August 1999 (27+ years old) and is registered under CIN U29295MH1999PTC121489.
Devu Tools reported revenue of ₹131.61 Cr for FY 2025 (down 21% YoY).
Devu Tools has 2 current directors:
- Devaraya Manjunath Sheregar - Managing Director
- Anitha Devaraya Sheregar - Director
Devu Tools reported a net profit of ₹9.32 Cr (net margin 7.1%) and EBITDA of ₹45.01 Cr (EBITDA margin 34.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devu Tools is -5% over three years and 6% over five years. In the latest year (FY 2025) revenue fell 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devu Tools is 27AAACD8770H1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Devu Tools is U29295MH1999PTC121489. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devu Tools has 4 court cases on record: 2 filed by the company and 2 filed against it. 2 are pending.
Devu Tools was incorporated on 27 August 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Devu Tools has 6 deals on record (5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹19.37 Cr; the latest was in March 2017.
The peers of Devu Tools by revenue are Uni Deritend Limited, Mallik Engineering (India) Private Limited, Manu Yantralaya Private Limited, Rishabh Enterprises Hvac&R Private Limited, Sanjay Techno Plast Private Limited and 5 more, all in the Machinery and Equipment industry (Tools and Components).