MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-23-0066871
Drishti Devcon Private Limited - real estate and construction in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹73.84 Lakh
▼ 67% YoY
Net profit · FY 2025
₹11.33 Lakh
Net margin 15.3%
EBITDA · FY 2025
₹24.74 Lakh
EBITDA margin 33.5%
Authorised capital
₹1.11 Cr
Registered with MCA
Paid-up capital
₹11.1 Lakh
Issued & subscribed
Open charges
₹22.51 Cr
Satisfied ₹15.41 Cr
Company age
15 yrs
Est. 2011
Directors on board
3
As per MCA filings
About Drishti Devcon Private Limited
Data last updated:
Drishti Devcon Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 22 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U70100MP2011PTC026233. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.11 Cr and a paid-up capital of ₹11.1 Lakh. It is led by directors including Shailesh Kumar Maheshwari and Vedant Maheshwari.
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 406 Pukhraj Corporate Navlakha Main Road, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹73.84 Lakh, a decline of 67% compared to the previous year. For the same year it recorded a net profit of ₹11.33 Lakh (net margin 15.3%) and EBITDA of ₹24.74 Lakh (EBITDA margin 33.5%). Revenue has declined at a compounded annual rate (CAGR) of 58% over three years and 44% over five years.
As per MCA filings, the company has open charges of ₹22.51 Cr and satisfied charges of ₹15.41 Cr on record. Court records list 24 cases involving the company, including 18 filed by the company and 6 filed against it; 11 cases are pending.
Drishti Devcon Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0066871). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website drishtidevcon.in.
Company details
CIN U70100MP2011PTC026233
Registration Number 026233
Incorporation Date 22 June 2011
ROC Gwalior
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 Micro
Udyam Registration UDYAM-MP-23-0066871
Recognitions & Rankings of Drishti Devcon
Contact details
Drishti Devcon Private Limited's registered office is in Indore, Madhya Pradesh. Its website is drishtidevcon.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address406 Pukhraj Corporate Navlakha Main Road, Indore, Madhya Pradesh, India – 452001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Drishti Devcon Private Limited, buy the company report.
Comprehensive company report
Drishti Devcon 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Drishti Devcon is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Drishti Devcon Private Limited, buy the company report.
Financials of Drishti Devcon Private Limited
FY 2024 filings availableDrishti Devcon Private Limited reported revenue of ₹73.84 Lakh (down 67% YoY) for FY 2025.
Revenue · FY 2025
₹73.84 Lakh ▼ 67%
Net profit · FY 2025
₹11.33 Lakh margin 15.3%
EBITDA · FY 2025
₹24.74 Lakh margin 33.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 67%
3 years · compounded
▼ 58%
5 years · compounded
▼ 44%
EBITDA CAGR growth
1 year
▼ 47%
3 years · compounded
▼ 57%
5 years · compounded
▼ 39%
Revenue has declined at a compounded annual rate (CAGR) of 44% over five years, including a 67% fall in the latest year. EBITDA fell 47% 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 | ₹24.74 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.33 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 | 33.5% | ||||
| Net Profit Margin | 15.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Drishti Devcon Private Limited, buy the company report.
Board of directors of Drishti Devcon Private Limited
Drishti Devcon has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailesh Kumar Maheshwari | Director | 22 Jun 2011 | 15 Years 4 Months | Current |
| Vedant Maheshwari | Director | 23 Jul 2025 | 1 Years 3 Months | Current |
| Kamini Maheshwari Also directs: Giriraj Devbuild Private Limited | Director | 23 Jul 2025 | 1 Years 3 Months | Current |
Peer comparison
Drishti Devcon Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sonar Shelters Limited | ₹73.88 Lakh (FY 2025) | -33.0% | Hyderabad, Telangana, India | |||
| S. Al Kabir Enterprises Private Limited | ₹73.85 Lakh (FY 2025) | -60.0% | Lucknow, Uttar Pradesh, India | |||
| Drishti Devcon Private Limitedthis company | ₹73.84 Lakh (FY 2025) | ₹11.33 Lakh | 15.3% | -67.0% | Indore, Madhya Pradesh, India | |
| Monarch Studios Private Limited | ₹73.8 Lakh (FY 2024) | 8.0% | Borivlai East, Maharashtra, India | |||
| Sot Electro Private Limited | ₹73.78 Lakh (FY 2024) | 6.0% | Delhi, India |
To see the full peer comparison of Drishti Devcon Private Limited, buy the company report.
Auditor
Drishti Devcon Private Limited is audited by SAURABH S C JAIN AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAURABH S C JAIN AND ASSOCIATES | FY 2023 | 408821 |
Shareholding
The shareholding of Drishti Devcon 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 Drishti Devcon Private Limited, buy the company report.
Charges & borrowings
Open charges
₹22.51 Cr
Satisfied charges
₹15.41 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jan 2024 | 100905724 | Others | ₹16 Cr | Open | |
| 19 Jan 2024 | 100918217 | Others | ₹3.45 Cr | Open | |
| 31 Mar 2023 | 100715282 | Others | ₹1.35 Cr | Open | |
| 22 Jun 2016 | 100036386 | Others | ₹1.5 Cr | Open | |
| 22 May 2014 | 10516651 | Srei Equipment Finance Limited | ₹20.56 Lakh | Open |
To see the full charge records of Drishti Devcon Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Drishti Devcon Private Limited has 24 court cases on record: 18 filed by Drishti Devcon, 6 filed against it. 11 cases are pending and 13 are disposed.
Total cases
24
Filed by the company
18
Filed against the company
6
Pending
11
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 5 | 11 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (MJC) | Filed by the company against Greenland Shelters Private Limited Through Arvind and 1 other | Pending |
| District court, Indore, Madhya Pradesh | Court case (RCS A) | Filed by the company against M/S Greenland Shelters Private Limited Through Arvind Bajari and 1 other | Disposed |
| District court, Indore, Madhya Pradesh | Court case (EX B) | Filed against the company by J.K. Construction Through Jakir Hussain | Pending |
| District court, Indore, Madhya Pradesh | Court case (RCS A) | Filed against the company by an individual | Pending |
| District court, Indore, Madhya Pradesh | Court case (SC NIA) | Filed against the company by an individual | Pending |
To see the full case history of Drishti Devcon 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 Drishti Devcon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Drishti Devcon has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Drishti Devcon Private Limited, buy the company report.
Recent activity
Drishti Devcon Private Limited has 6 board changes on record since 2011: 3 appointments and 3 cessations. The latest: Ankur Maheswari ceased to be Director on 25 Aug 2025.
Ceased
Ankur Maheswari ceased to be Director.
Ceased
Kamini Maheshwari ceased to be Director.
Appointed
Kamini Maheshwari was appointed as Director.
Appointed
Vedant Maheshwari was appointed as Director.
AGM
Drishti Devcon Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 23 Mar 2020 via Charge ID 100352832 with Others was fully satisfied on 20 Apr 2024.
Charges
A charge registered on 26 Aug 2017 via Charge ID 100122097 with Others was fully satisfied on 20 Apr 2024.
Filing
Drishti Devcon Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Charges
A charge registered on 12 Jul 2017 via Charge ID 100109431 with Others was fully satisfied on 07 Mar 2024.
Charges
A charge with Others amounted to Rs. 16.00 Cr with Charge ID 100905724 was registered on 25 Jan 2024.
Charges
A charge with Others amounted to Rs. 3.45 Cr with Charge ID 100918217 was registered on 19 Jan 2024.
Charges
A charge with Others amounted to Rs. 1.35 Cr with Charge ID 100715282 was registered on 31 Mar 2023.
17 earlier events are in the company report.
Frequently asked questions
Drishti Devcon is an active private limited company based in Indore, Madhya Pradesh, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 22 June 2011 (15+ years old) and is registered under CIN U70100MP2011PTC026233.
Drishti Devcon has 3 current directors:
- Shailesh Kumar Maheshwari - Director
- Vedant Maheshwari - Director
- Kamini Maheshwari - Director
The latest financial statements of Drishti Devcon 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.
No. Drishti Devcon has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Drishti Devcon is U70100MP2011PTC026233. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Drishti Devcon has 24 court cases on record: 18 filed by the company and 6 filed against it. 11 are pending. Most are in the district courts.
Drishti Devcon was incorporated on 22 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Drishti Devcon by revenue are Sonar Shelters Limited, S. Al Kabir Enterprises Private Limited, Monarch Studios Private Limited, Sot Electro Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Ankur Maheswari ceased to be Director on 25 Aug 2025. Kamini Maheshwari ceased to be Director on 25 Aug 2025. Kamini Maheshwari was appointed as Director on 23 Jul 2025. Drishti Devcon has 6 board changes on record in total.
Yes, Drishti Devcon is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-23-0066871).
Drishti Devcon can be reached through the website drishtidevcon.in. Its registered office is in Indore, Madhya Pradesh, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages