MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-09-0000747
Divine Tubes Private Limited - manufacturing in Gandhinagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹187.66 Cr
▼ 12% YoY
Net profit · FY 2025
₹95.86 Lakh
Net margin 0.5%
EBITDA · FY 2025
₹10.8 Cr
EBITDA margin 5.8%
Authorised capital
₹1.4 Cr
Registered with MCA
Paid-up capital
₹1.31 Cr
Issued & subscribed
Open charges
₹96.36 Cr
Satisfied ₹25 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
31
Provident fund records
About Divine Tubes Private Limited
Data last updated:
Divine Tubes Private Limited is a private limited company based in Gandhinagar, Gujarat, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 12 March 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27109GJ2004PTC043781. Its GSTIN is 24AABCD9957B1ZQ (Gujarat).
The company has an authorised share capital of ₹1.4 Cr and a paid-up capital of ₹1.31 Cr. It is led by directors including Ramesh Mansingram Patel (Managing Director) and Naresh Mansingram Patel.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No 401 Phase I Gidcindl Estate Chhatral, Gandhinagar, Gujarat, India – 382729.
As per the financials filed for FY 2025, the company reported a revenue of ₹187.66 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹95.86 Lakh (net margin 0.5%) and EBITDA of ₹10.8 Cr (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 14% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Divine Tubes. As per MCA filings, the company has open charges of ₹96.36 Cr and satisfied charges of ₹25 Cr on record. Court records list 9 cases involving the company, including 3 filed by the company and 6 filed against it; 2 cases are pending. The company has 7 deals on record (3 funding rounds, 3 rights issues, 1 secondary share transfer), with disclosed funding of ₹1.91 Cr; the latest was in January 2023. Its 6 peer companies in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 4 smaller; the largest is Indus Tubes Limited with revenue of ₹192.06 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 68 overdue payments to 10 micro and small suppliers.
Divine Tubes Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-09-0000747). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website divinetubes.com.
Company details
CIN U27109GJ2004PTC043781
Registration Number 043781
Incorporation Date 12 March 2004
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-09-0000747
Key People
Ramesh Mansingram Patel Managing Director Naresh Mansingram Patel Director Darshan Ambaram Chaudhary Director Recognitions & Rankings of Divine Tubes
Contact details
Divine Tubes Private Limited's registered office is in Gandhinagar, Gujarat. Its website is divinetubes.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 401 Phase I Gidcindl Estate Chhatral, Gandhinagar, Gujarat, India – 382729
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Divine Tubes Private Limited, buy the company report.
Comprehensive company report
Divine Tubes Private Limited - one report that includes everything
- 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
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Brands
Divine Tubes operates one associated brand: Divine Tubes. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of stainless steel tubes and pipes. | divinetubes.com |
Business activity
The main business activity of Divine Tubes is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Divine Tubes Private Limited, buy the company report.
Financials of Divine Tubes Private Limited
FY 2024 filings availableDivine Tubes Private Limited reported revenue of ₹187.66 Cr (down 12% YoY) for FY 2025.
Revenue · FY 2025
₹187.66 Cr ▼ 12%
Net profit · FY 2025
₹95.86 Lakh margin 0.5%
EBITDA · FY 2025
₹10.8 Cr margin 5.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 12%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 19%
5 years · compounded
▲ 17%
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. 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
| 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 | ₹10.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹95.86 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| 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 | 5.8% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 Tubes Private Limited, buy the company report.
Board of directors of Divine Tubes Private Limited
Divine Tubes has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naresh Mansingram Patel | Director | 02 Jan 2007 | 19 Years 9 Months | Current |
| Darshan Ambaram Chaudhary Also directs: Divine Fittings Private Limited | Director | 24 Nov 2008 | 17 Years 11 Months | Current |
| Ramesh Mansingram Patel Also directs: Divine Fittings Private Limited | Managing Director | 12 Mar 2004 | 22 Years 7 Months | Current |
Peer comparison
Divine Tubes Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indus Tubes Limited | ₹192.06 Cr (FY 2025) | -48.0% | Delhi, India | |||
| Apex Tubes Pvt Ltd | ₹190.98 Cr (FY 2023) | 115.0% | New Delhi, Delhi, India | |||
| Divine Tubes Private Limitedthis company | ₹187.66 Cr (FY 2025) | ₹95.86 Lakh | 0.5% | -12.0% | 31 | Gandhinagar, Gujarat, India |
| Gandhi Special Tubes Limited | ₹184.42 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Nalwa Special Steel Limited | ₹183.29 Cr (FY 2025) | 12775.0% | New Delhi, Delhi, India | |||
| Harikripa Business Venture Private Limited | ₹182.25 Cr (FY 2019) | 25.0% | Jaipur, Rajasthan, India | |||
| Jaihind Tubes Private Limited | ₹181.34 Cr (FY 2024) | 1191.0% | Udupi, Karnataka, India |
To see the full peer comparison of Divine Tubes Private Limited, buy the company report.
Auditor
Divine Tubes Private Limited is audited by D V G & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D V G & Company | FY 2023 | 150521W |
Shareholding
The shareholding of Divine Tubes Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Divine Tubes Private Limited, buy the company report.
Charges & borrowings
Open charges
₹96.36 Cr
Satisfied charges
₹25 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Mar 2020 | 100334018 | State Bank of India | ₹48.83 Cr | Open | |
| 24 Oct 2018 | 100222678 | State Bank of India | ₹47.53 Cr | Open | |
| 22 Sep 2017 | 100139363 | Yes Bank Limited | ₹1.28 Cr | Satisfied | |
| 20 Mar 2014 | 10502033 | Yes Bank Limited | ₹40 Lakh | Satisfied | |
| 06 Nov 2008 | 10133915 | Others | ₹21.28 Cr | Satisfied |
To see the full charge records of Divine Tubes Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Divine Tubes Private Limited has 7 deals on record (3 funding rounds, 3 rights issues, 1 secondary share transfer), with disclosed funding of ₹1.91 Cr; the latest was in January 2023.
Total deals
7
Funding rounds
3
Rights issues
3
Secondary share transfer
1
Disclosed funding
₹1.91 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Funding round | ₹30 Lakh | Investors: 2 individuals |
| Sep 2019 | Rights issue | ₹1 Cr | Investors: 2 individuals |
| Nov 2018 | Rights issue | ₹40 Lakh | Investors: 2 individuals |
| Jan 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Jul 2015 | Rights issue | ₹50 Lakh | Investors: 4 individuals |
To see the full deal history of Divine Tubes Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Divine Tubes Private Limited has 9 court cases on record: 3 filed by Divine Tubes, 6 filed against it. 2 cases are pending and 7 are disposed.
Total cases
9
Filed by the company
3
Filed against the company
6
Pending
2
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 2 |
| High courts | 4 | 2 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by T. V. Trading Pvt. Ltd. Through Nikunj Arvindbhai Desai | Pending |
| High Court, MAHARASHTRA | Court case (COMAO) | Filed by the company against T. V. Trading Private Limited | Disposed |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against T. V. Trading Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by T. V. Trading Pvt. Ltd. Through Nikunj Arvindbhai Desai | Disposed |
| District court, Osmanabad, Maharashtra | Criminal miscellaneous application | Filed against the company | Pending |
To see the full case history of Divine Tubes 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
Divine Tubes Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 68 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Trans Iq Technologies Private Limited | |||
| Industrial Tools & Dies | |||
| Divine Metallurgical Services Private Limited | |||
| Saket Road Carriers Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Divine Tubes Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Divine Tubes Private Limited has a workforce of 31 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
31
Active EPFO establishments
1
Employee growth
-59.74%
GST
Divine Tubes has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCD9957B1ZQ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Divine Tubes Private Limited, buy the company report.
Recent activity
Divine Tubes Private Limited has 5 board changes on record since 2004: 3 appointments and 2 cessations. The latest: Darshan Ambaram Chaudhary ceased to be Additional Director on 30 Sep 2015.
Charges
A charge with State Bank Of India of Rs. 47.53 Cr registered on 24 Oct 2018 with Charge ID 100222678 was modified on 27 Sep 2025.
AGM
Divine Tubes Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Divine Tubes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with State Bank Of India of Rs. 48.83 Cr registered on 05 Mar 2020 with Charge ID 100334018 was modified on 01 Feb 2023.
Charges
A charge with State Bank Of India amounted to Rs. 48.83 Cr with Charge ID 100334018 was registered on 05 Mar 2020.
Charges
A charge registered on 22 Sep 2017 via Charge ID 100139363 with Yes Bank Limited was fully satisfied on 07 Feb 2020.
Charges
A charge registered on 06 Nov 2008 via Charge ID 10133915 with Others was fully satisfied on 07 Feb 2020.
Charges
A charge registered on 20 Mar 2014 via Charge ID 10502033 with Yes Bank Limited was fully satisfied on 07 Feb 2019.
Charges
A charge with State Bank Of India amounted to Rs. 47.53 Cr with Charge ID 100222678 was registered on 24 Oct 2018.
Charges
A charge with Others of Rs. 21.28 Cr registered on 06 Nov 2008 with Charge ID 10133915 was modified on 17 Sep 2018.
Charges
A charge with Yes Bank Limited amounted to Rs. 1.28 Cr with Charge ID 100139363 was registered on 22 Sep 2017.
Ceased
Darshan Ambaram Chaudhary ceased to be Additional Director.
12 earlier events are in the company report.
Frequently asked questions
Divine Tubes is an active private limited company based in Gandhinagar, Gujarat, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 12 March 2004 (22+ years old) and is registered under CIN U27109GJ2004PTC043781.
Divine Tubes has 3 current directors:
- Ramesh Mansingram Patel - Managing Director
- Naresh Mansingram Patel - Director
- Darshan Ambaram Chaudhary - Director
The latest financial statements of Divine Tubes on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Divine Tubes is 24AABCD9957B1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Divine Tubes is U27109GJ2004PTC043781. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Divine Tubes has 9 court cases on record: 3 filed by the company and 6 filed against it. 2 are pending. Most are in the district courts.
Divine Tubes was incorporated on 12 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Divine Tubes has 7 deals on record (3 funding rounds, 3 rights issues, 1 secondary share transfer), with disclosed funding of ₹1.91 Cr; the latest was in January 2023.
The peers of Divine Tubes by revenue are Indus Tubes Limited, Apex Tubes Pvt Ltd, Gandhi Special Tubes Limited, Nalwa Special Steel Limited, Harikripa Business Venture Private Limited and 1 more, all in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products).
Darshan Ambaram Chaudhary ceased to be Additional Director on 30 Sep 2015. Naresh Mansingram Patel ceased to be Additional Director on 30 Sep 2015. Darshan Ambaram Chaudhary was appointed as Director on 24 Nov 2008. Divine Tubes has 5 board changes on record in total.
Yes, Divine Tubes is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-09-0000747).
Divine Tubes has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 68 overdue payments to 10 micro and small suppliers. The latest return was filed on 08 Nov 2019.