Devurmi Financial and Management Services Pvt.Ltd.
About Devurmi Financial and Management Services Pvt.Ltd.
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Devurmi Financial and Management Services Pvt.Ltd. is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 20 July 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH1992PTC067772.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Hitesh Devendra Diwan and Prashant Devendra Diwan.
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 47 – B Ground Flr Super Shopping Complex Dr Dalvi Road Kandivali (West), Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.49 Lakh, a growth of 112% compared to the previous year. For the same year it recorded a net profit of ₹66,560 (net margin 10.3%) and EBITDA of ₹1.1 Lakh (EBITDA margin 17%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹1.49 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address47 – B Ground Flr Super Shopping Complex Dr Dalvi Road Kandivali (West), Mumbai, Maharashtra, India – 400067
- IndustryFinancial Services, Diversified Financial 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 Devurmi Financial and Management Services Pvt.Ltd.
The main business activity of Devurmi Financial and Management Services is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding | 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 Devurmi Financial and Management Services Pvt.Ltd. FY 2025 filings available
Devurmi Financial and Management Services Pvt.Ltd. reported revenue of ₹6.49 Lakh (up 112% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Devurmi Financial and Management Services Pvt.Ltd.
Revenue rose 112% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 105% 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 Devurmi Financial and Management Services Pvt.Ltd.
| 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 | ₹1.1 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹66,560 | •••• | •••• | •••• | •••• |
| 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 Devurmi Financial and Management Services Pvt.Ltd.
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.3% | •••• | •••• | •••• | •••• |
| 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 Devurmi Financial and Management Services 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 Devurmi Financial and Management Services Pvt.Ltd.
Devurmi Financial and Management Services Pvt.Ltd. is compared with the companies closest to it by revenue in the BFSI industry (Other Financial Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SRS Comtrade Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Rampion Finvest Private Limited | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
| Rain Corporate Advisory Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Mangalam Investment Consultants Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Subhdhan Financial Advisory Private Limited | •••• | •••• | •••• | •••• | - | North Twenty Four Parganas, West Bengal, India |
| Devurmi Financial and Management Services Pvt.Ltd. this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Grahasakthi Properties Private Limited | •••• | •••• | •••• | •••• | - | Coimbatore, Tamil Nadu, India |
| Harshaee Properties Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Palmgrove Estates Pvt Ltd | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Urvi Udyog Pvt Ltd | •••• | •••• | •••• | •••• | - | Howrah, West Bengal, India |
| J.M.Soft-Tech Pvt.Ltd. | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Devurmi Financial and Management Services by revenue in the BFSI industry (Other Financial Services), 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 Devurmi Financial and Management Services Pvt.Ltd.
Devurmi Financial and Management Services Pvt.Ltd. is audited by K B GOSALIA & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K B GOSALIA & CO | 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 Devurmi Financial and Management Services Pvt.Ltd.
Devurmi Financial and Management Services has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitesh Devendra Diwan | Director | 20 Jul 1992 | 34 Years 2 Months | Current |
| Prashant Devendra Diwan | Director | 20 Jul 1992 | 34 Years 2 Months | Current |
| Padmanabh Devendra Diwan | Director | 20 Jul 1992 | 34 Years 2 Months | Current |
Ownership and Shareholding of Devurmi Financial and Management Services Pvt.Ltd.
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 Devurmi Financial and Management Services Pvt.Ltd.
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jul 1992 | Bank of Baroda | ₹1.49 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Devurmi Financial and Management Services Pvt.Ltd.
Employment history and EPFO contributions of people linked to Devurmi Financial and Management Services.
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 Devurmi Financial and Management Services Pvt.Ltd.
Devurmi Financial and Management Services Pvt.Ltd. has 3 board changes on record since 1992: 3 appointments. The latest: Hitesh Devendra Diwan was appointed as Director on 20 Jul 1992.
Credit Ratings, Litigation & Regulatory Alerts for Devurmi Financial and Management Services Pvt.Ltd.
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 Devurmi Financial and Management Services Pvt.Ltd.
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 Devurmi Financial and Management Services Pvt.Ltd.
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 Devurmi Financial and Management Services Pvt.Ltd.
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 Devurmi Financial and Management Services Pvt.Ltd.
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 Devurmi Financial and Management Services Pvt.Ltd.
Devurmi Financial and Management Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 20 July 1992 (34+ years old) and is registered under CIN U74140MH1992PTC067772.
Devurmi Financial and Management Services reported revenue of ₹6.49 Lakh for FY 2025 (up 112% YoY).
Devurmi Financial and Management Services has 3 current directors:
- Hitesh Devendra Diwan - Director
- Prashant Devendra Diwan - Director
- Padmanabh Devendra Diwan - Director
Devurmi Financial and Management Services reported a net profit of ₹66,560 (net margin 10.3%) and EBITDA of ₹1.1 Lakh (EBITDA margin 17%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devurmi Financial and Management Services is 22% over three years and -7% over five years. In the latest year (FY 2025) revenue rose 112%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Devurmi Financial and Management Services is U74140MH1992PTC067772. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devurmi Financial and Management Services was incorporated on 20 July 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Devurmi Financial and Management Services by revenue are SRS Comtrade Private Limited, Rampion Finvest Private Limited, Rain Corporate Advisory Private Limited, Mangalam Investment Consultants Private Limited, Subhdhan Financial Advisory Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Hitesh Devendra Diwan was appointed as Director on 20 Jul 1992. Padmanabh Devendra Diwan was appointed as Director on 20 Jul 1992. Prashant Devendra Diwan was appointed as Director on 20 Jul 1992.
The registered office of Devurmi Financial and Management Services is at 47 – B Ground Flr Super Shopping Complex Dr Dalvi Road Kandivali West, Mumbai, Maharashtra, India – 400067.
Devurmi Financial and Management Services has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh.