- 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.
Company details
CIN history
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
Contact details
Divine Composites Private Limited's registered office is in Kolhapur, Maharashtra. Its website is divinecomposite.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No E – 1/1 Kagal – Hatkanangle Five Star Industrial Z, One, Kolhapur, Maharashtra, India – 416216
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Divine Composites Private Limited, buy the company report.
- 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
Brands
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
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Divine Composites Private Limited, buy the company report.
Financials of Divine Composites Private Limited
FY 2025 filings availableDivine Composites Private Limited reported revenue of ₹8.43 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| 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
| 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 | |||||
To see the full financial statements and ratios of Divine Composites Private Limited, buy the company report.
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
Divine Composites Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Furniture, Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Limitedthis company | ₹8.43 Cr (FY 2025) | ₹28.24 Lakh | 3.4% | 1.0% | 2 | Kolhapur, Maharashtra, India |
| Sethia Handicrafts Private Limited | ₹8.43 Cr (FY 2025) | -9.0% | Mumbai, Maharashtra, India | |||
| Gumtree Plywood India Private Limited | ₹8.4 Cr (FY 2025) | 14.0% | Jagadhri, Haryana, India |
To see the full peer comparison of Divine Composites Private Limited, buy the company report.
Auditor
Divine Composites Private Limited is audited by PITALIYA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PITALIYA & ASSOCIATES | FY 2020 | 005030S |
Shareholding
The shareholding of Divine Composites Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Divine Composites Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jul 2010 | 10230131 | National Mission on Bamboo Applications & Technology Information Forecasting & Assessment Council | ₹2 Cr | Open | |
| 24 Dec 2009 | 10195675 | Bank of India | ₹44 Lakh | Satisfied | |
| 24 Dec 2009 | 10195787 | Bank of India | ₹86 Lakh | Satisfied |
To see the full charge records of Divine Composites Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
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.
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 |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed by the company against an individual | Disposed |
To see the full case history of Divine Composites Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Divine Composites Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Divine Composites Private Limited has a workforce of 2 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Divine Composites has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCD0174G1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Divine Composites Private Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 2 current directors:
- Dinesh Bhawarlal Jain - Director
- Lata Dinesh Jain - Director
The latest financial statements of Divine Composites on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
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 G.P. Company Plytech Private Limited, V-Can Furnitech Private Limited, Sethia Handicrafts Private Limited, Gumtree Plywood India Private Limited, all in the Manufacturing industry (Furniture, Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Dinesh Bhawarlal Jain was appointed as Director on 19 Apr 2007. Lata Dinesh Jain was appointed as Director on 19 Apr 2007.
Yes, Divine Composites is registered as a small enterprise under Udyam registration (number: UDYAM-MH-15-0107998).
Divine Composites can be reached through the website divinecomposite.com. Its registered office is in Kolhapur, Maharashtra, India.