- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-15-0107998

About Divine Composites Private Limited
Data last updated:
Divine Composites Private Limited is a private limited company based in Kolhapur, Maharashtra, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 19 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U20294PN2007PTC138343. Its GSTIN is 27AADCD0174G1ZX (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹99 Lakh. It is led by directors Dinesh Bhawarlal Jain and Lata Dinesh Jain.
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 Kolhapur, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.43 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹28.24 Lakh (net margin 3.4%) and EBITDA of ₹73.71 Lakh (EBITDA margin 8.7%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 18% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Xhardo. As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹1.3 Cr on record. Court records list 9 cases involving the company, including 5 filed by the company and 4 filed against it; 3 cases are pending.
Divine Composites Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-15-0107998). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website divinecomposite.com.
CIN History of Divine Composites Private Limited
Divine Composites has one previous CIN (Corporate Identification Number): U20294GA2007PTC005254. The current CIN is U20294PN2007PTC138343, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U20294PN2007PTC138343 | Current |
| U20294GA2007PTC005254 | Previous |
Recognitions & Rankings of Divine Composites
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No E – 1/1 Kagal – Hatkanangle Five Star Industrial Z, One, Kolhapur, Maharashtra, India – 416216
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
- 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
Associated Brands with Divine Composites Private Limited
Divine Composites operates one associated brand: XHARDO. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of calibrated and moisture-resistant plywood in India. | divinecomposite.com |
Business Activity of Divine Composites Private Limited
The main business activity of Divine Composites is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper 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 Divine Composites Private Limited FY 2025 filings available
Divine Composites Private Limited reported revenue of ₹8.43 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Divine Composites Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 1% growth in the latest year. EBITDA fell 34% 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 Divine Composites 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 | ₹73.71 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹28.24 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 of Divine Composites Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.4% | •••• | •••• | •••• | •••• |
| 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 Divine Composites 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.
Board of Directors of Divine Composites Private Limited
Divine Composites has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Bhawarlal Jain | Director | 19 Apr 2007 | 19 Years 6 Months | Current |
| Lata Dinesh Jain | Director | 19 Apr 2007 | 19 Years 6 Months | Current |
Peer Comparison of Divine Composites Private Limited
Divine Composites Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Furniture, Wood, MDF, Particle Board and Plywood). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sangsharmann Plast Private Limited | ₹8.51 Cr (FY 2023) | •••• | •••• | 19.0% | •••• | Chandigarh, India |
| Orchid Designs Private Limited | ₹8.5 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Chennai, Tamil Nadu, India |
| Infra-Sys India Private Limited | ₹8.49 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Thane, Maharashtra, India |
| G.P. Company Plytech Private Limited | ₹8.48 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Indore, Madhya Pradesh, India |
| V-Can Furnitech Private Limited | ₹8.46 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Divine Composites Private Limited this company | ₹8.43 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Kolhapur, Maharashtra, India |
| Sethia Handicrafts Private Limited | ₹8.43 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Mumbai, Maharashtra, India |
| Evoreach Introdec Private Limited | ₹8.4 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Bhubaneswar, Odisha, India |
| E3 Panels Private Limited | ₹8.4 Cr (FY 2025) | •••• | •••• | 39358.0% | •••• | New Delhi, Delhi, India |
| Gumtree Plywood India Private Limited | ₹8.4 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Jagadhri, Haryana, India |
| Forestree India Private Limited | ₹8.4 Cr (FY 2025) | •••• | •••• | -47.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Divine Composites by revenue in the Manufacturing industry (Furniture, Wood, MDF, Particle Board and Plywood), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Divine Composites Private Limited
Divine Composites Private Limited is audited by PITALIYA & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PITALIYA & 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.
Ownership and Shareholding of Divine Composites 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 Divine Composites Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jul 2010 | National Mission on Bamboo Applications & Technology Information Forecasting & Assessment Council | ₹2 Cr | Open |
| 24 Dec 2009 | Bank of India | ₹44 Lakh | Satisfied |
| 24 Dec 2009 | Bank of India | ₹86 Lakh | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Divine Composites Private Limited
Divine Composites Private Limited has 9 court cases on record: 5 filed by Divine Composites, 4 filed against it. 3 cases are pending and 6 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 3 | 2 |
| High courts | 2 | 1 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed by the company against an individual | Pending |
| District court, South, Delhi | Appeal | Filed by the company against an individual | Pending |
| District court, Yamunanagar, Haryana | Civil suit | Filed against the company by Shri Triputi Enterprises | Pending |
| High Court of Delhi | Court case (O.M.P.(T)) | Filed against the company by an individual | Disposed |
| District court, New Delhi, Delhi | Arbitration matter | Filed against the company by an individual | Disposed |
Full case history
All 9 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 Divine Composites Private Limited
Divine Composites Private Limited has a workforce of 2 employees as of Apr 09, 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.
Recent Activity on Divine Composites Private Limited
Divine Composites Private Limited has 2 board changes on record since 2007: 2 appointments. The latest: Dinesh Bhawarlal Jain was appointed as Director on 19 Apr 2007.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Divine Composites 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 Divine Composites 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 Divine Composites 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 Divine Composites Private Limited
Divine Composites has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCD0174G1ZX | 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 Divine Composites 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 Divine Composites Private Limited
Divine Composites is an active private limited company based in Kolhapur, Maharashtra, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 19 April 2007 (19+ years old) and is registered under CIN U20294PN2007PTC138343.
Divine Composites reported revenue of ₹8.43 Cr for FY 2025 (up 1% YoY).
Divine Composites has 2 current directors:
- Dinesh Bhawarlal Jain - Director
- Lata Dinesh Jain - Director
Divine Composites reported a net profit of ₹28.24 Lakh (net margin 3.4%) and EBITDA of ₹73.71 Lakh (EBITDA margin 8.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Divine Composites is 17% over three years and 18% over five years. In the latest year (FY 2025) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Divine Composites is 27AADCD0174G1ZX, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Divine Composites is U20294PN2007PTC138343. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Divine Composites has 9 court cases on record: 5 filed by the company and 4 filed against it. 3 are pending. Most are in the district courts.
Divine Composites was incorporated on 19 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Divine Composites by revenue are Sangsharmann Plast Private Limited, Orchid Designs Private Limited, Infra-Sys India Private Limited, G.P. Company Plytech Private Limited, V-Can Furnitech Private Limited and 5 more, all in the Manufacturing industry (Furniture, Wood, MDF, Particle Board and Plywood).
Dinesh Bhawarlal Jain was appointed as Director on 19 Apr 2007. Lata Dinesh Jain was appointed as Director on 19 Apr 2007.