About Divote Private Limited
Data last updated:
Divote Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the repair and overhaul segment of the transport and logistics sector. It was incorporated on 22 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2017PTC118763.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sundaram Shrinath and Sudatta Mukherjee.
Its last annual general meeting (AGM) was held on 30 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat No.1 Madhans No.8/15 5th Main Road Kasthuri Bai Nagar, Chennai, Tamil Nadu, India – 600020.
As per the financials filed for FY 2024, the company reported a revenue of ₹10 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1,256 (net margin -0.1%) and EBITDA of ₹14,892 (EBITDA margin 1.5%). Revenue has grown at a compounded annual rate (CAGR) of 10% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website divote.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressFlat No.1 Madhans No.8/15 5th Main Road Kasthuri Bai Nagar, Chennai, Tamil Nadu, India – 600020
- IndustryTransport and Logistics, Repair & Overhaul, Aircraft Maintenance
- 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 Divote Private Limited
The main business activity of Divote is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles | 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 Divote Private Limited FY 2024 filings available
Divote Private Limited reported revenue of ₹10 Lakh (up 426% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Divote Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 426% growth in the latest year. EBITDA fell 87% 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 Divote Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹14,892 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1,256 | •••• | •••• | •••• | •••• |
| 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 Divote Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.1% | •••• | •••• | •••• | •••• |
| 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 Divote are in the company report.
Financial statements from FY 2018
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 Divote Private Limited
Divote has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sundaram Shrinath Also directs: Reynydat Private Limited | Director | 22 Sep 2017 | 9 Years 0 Months | Current |
| Sudharsanan Jayaraman Also directs: Vivartana Ventures India Private Limited | Additional Director | 21 Nov 2018 | 7 Years 11 Months | Current |
| Sudatta Mukherjee Also directs: Reynydat Private Limited | Director | 21 Nov 2018 | 7 Years 11 Months | Current |
Peer Comparison of Divote Private Limited
Divote Private Limited is compared with the companies closest to it by revenue in the Aviation industry (Maintenance, Repair and Overhaul). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jr Aerospace Private Limited | ₹19.85 Lakh (FY 2024) | •••• | •••• | -51.0% | •••• | Delhi, India |
| Adlent Consulting Private Limited | ₹13 Lakh (FY 2022) | •••• | •••• | 30.0% | •••• | New Delhi, Delhi, India |
| Mast Aviation Private Limited | ₹11.79 Lakh (FY 2020) | •••• | •••• | -24.0% | •••• | Mumbai, Maharashtra, India |
| Aerotronic Services Private Limited | ₹10.81 Lakh (FY 2025) | •••• | •••• | -64.0% | •••• | Hyderabad, Telangana, India |
| Optsarasmed (Osd) Healthcare Private Limited | ₹10.09 Lakh (FY 2025) | •••• | •••• | •••• | Tijara, Rajasthan, India | |
| Divote Private Limited this company | ₹10 Lakh (FY 2024) | •••• | •••• | 426.0% | •••• | Chennai, Tamil Nadu, India |
| Ece Technologies India Limited | ₹8.72 Lakh (FY 2025) | •••• | •••• | 44.0% | •••• | Kolkata, West Bengal, India |
| Miracle Air Maintenance Private Limited | ₹5.04 Lakh (FY 2024) | •••• | •••• | -75.0% | •••• | New Delhi, Delhi, India |
| Adss Ventures Private Limited | ₹4.89 Lakh (FY 2025) | •••• | •••• | 552.0% | •••• | Pune, Maharashtra, India |
| Sharavan Aero Technologies Private Limited | ₹3.6 Lakh (FY 2017) | •••• | •••• | -22.0% | •••• | Chennai, Tamil Nadu, India |
| Beechcraft India Private Limited | ₹2.42 Lakh (FY 2017) | •••• | •••• | -99.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Divote by revenue in the Aviation industry (Maintenance, Repair and Overhaul), 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 Divote Private Limited
Auditor information for Divote Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Ownership and Shareholding of Divote 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 Divote Private Limited
Divote Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Divote Private Limited
Employment history and EPFO contributions of people linked to Divote.
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 Divote Private Limited
Divote Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Sriram Ranganathan ceased to be Director on 04 Apr 2023.
Credit Ratings, Litigation & Regulatory Alerts for Divote 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 Divote 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 Divote 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 Divote Private Limited
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 Divote 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 Divote Private Limited
Divote is an active private limited company based in Chennai, Tamil Nadu, India. The company works in repair and overhaul, within the transport and logistics industry. It was incorporated on 22 September 2017 (9+ years old) and is registered under CIN U74999TN2017PTC118763.
Divote reported revenue of ₹10 Lakh for FY 2024 (up 426% YoY).
Divote has 3 current directors:
- Sundaram Shrinath - Director
- Sudharsanan Jayaraman - Additional Director
- Sudatta Mukherjee - Director
Divote reported a net loss of ₹1,256 (net margin -0.1%) and EBITDA of ₹14,892 (EBITDA margin 1.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Divote is 10% over five years. In the latest year (FY 2024) revenue rose 426%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Divote is U74999TN2017PTC118763. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Divote was incorporated on 22 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Divote by revenue are Jr Aerospace Private Limited, Adlent Consulting Private Limited, Mast Aviation Private Limited, Aerotronic Services Private Limited, Optsarasmed (Osd) Healthcare Private Limited and 5 more, all in the Aviation industry (Maintenance, Repair and Overhaul).
Sriram Ranganathan ceased to be Director on 04 Apr 2023. Sudatta Mukherjee was appointed as Director on 21 Nov 2018. Sudharsanan Jayaraman was appointed as Additional Director on 21 Nov 2018. Divote has 4 board changes on record in total.
Divote can be reached through the website divote.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Divote is at Flat No.1 Madhans No.815 5th Main Road Kasthuri Bai Nagar, Chennai, Tamil Nadu, India – 600020.