MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-OD-19-0001761
Devavrat Homes Private Limited - real estate and construction in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹54.31 Cr
▲ 7.03% YoY
Net profit · FY 2025
₹1.66 Cr
Net margin 3.1%
EBITDA · FY 2025
₹3.17 Cr
EBITDA margin 5.8%
Authorised capital
₹45 Cr
Registered with MCA
Paid-up capital
₹43.83 Cr
Issued & subscribed
Open charges
₹17.33 Cr
Satisfied ₹7.39 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
28
Provident fund records
About Devavrat Homes Private Limited
Data last updated:
Devavrat Homes Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 15 July 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U70101OR1999PTC005838. Its GSTIN is 21AABCD9148C1Z3 (Odisha).
The company has an authorised share capital of ₹45 Cr and a paid-up capital of ₹43.83 Cr. It is led by directors Sunita Choudhary (Managing Director) and Rajiv Nayan Choudhary.
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 Bhubaneswar, Odisha.
As per the financials filed for FY 2025, the company reported a revenue of ₹54.31 Cr. For the same year it recorded a net profit of ₹1.66 Cr (net margin 3.1%) and EBITDA of ₹3.17 Cr (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 22% over five years.
The company has about 28 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17.33 Cr and satisfied charges of ₹7.39 Cr on record. Court records list 20 cases involving the company, including 14 filed by the company and 6 filed against it; 5 cases are pending.
Devavrat Homes Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0001761). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devahomes.in.
Company details
CIN U70101OR1999PTC005838
Registration Number 005838
Incorporation Date 15 July 1999
ROC Cuttack
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-OD-19-0001761
Recognitions & Rankings of Devavrat Homes
Contact details
Devavrat Homes Private Limited's registered office is in Bhubaneswar, Odisha. Its website is devahomes.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDuplex 05 Shaileshree Vihar Road, Chandrasekharpur, Bhubaneswar, Odisha, India – 751021
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Devavrat Homes Private Limited, buy the company report.
Comprehensive company report
Devavrat Homes 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 Devavrat Homes is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Devavrat Homes Private Limited, buy the company report.
Financials of Devavrat Homes Private Limited
FY 2024 filings availableDevavrat Homes Private Limited reported revenue of ₹54.31 Cr for FY 2025.
Revenue · FY 2025
₹54.31 Cr
Net profit · FY 2025
₹1.66 Cr margin 3.1%
EBITDA · FY 2025
₹3.17 Cr margin 5.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 3%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 13%
5 years · compounded
▲ 24%
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years. EBITDA fell 12% 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 | ₹3.17 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.66 Cr | ||||
| 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 | 5.8% | ||||
| Net Profit Margin | 3.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Devavrat Homes Private Limited, buy the company report.
Board of directors of Devavrat Homes Private Limited
Devavrat Homes has 2 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 |
|---|---|---|---|---|
| Rajiv Nayan Choudhary Also directs: DHPL Bio Solutions LLP, DHPL Realty Private Limited, DHPL Infrastructures Private Limited and 1 more | Director | 14 Jan 2008 | 18 Years 9 Months | Current |
| Sunita Choudhary Also directs: DHPL Bio Solutions LLP, DHPL Realty Private Limited, DHPL Infrastructures Private Limited and 1 more | Managing Director | 15 Jul 1999 | 27 Years 3 Months | Current |
Auditor
Devavrat Homes Private Limited is audited by KEJRIWAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KEJRIWAL & ASSOCIATES | FY 2023 | 324527E |
Shareholding
The shareholding of Devavrat Homes 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 Devavrat Homes Private Limited, buy the company report.
Charges & borrowings
Open charges
₹17.33 Cr
Satisfied charges
₹7.39 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Nov 2021 | 100511343 | State Bank of India | ₹17.33 Cr | Open | |
| 03 Jun 2020 | 100341741 | State Bank of India | ₹36 Lakh | Satisfied | |
| 18 Feb 2015 | 10552343 | Others | ₹4.5 Cr | Satisfied | |
| 17 May 2012 | 10359730 | Axis Bank Limited | ₹80 Lakh | Satisfied | |
| 25 Mar 2010 | 10213764 | Idbi Bank Limited | ₹75 Lakh | Satisfied |
To see the full charge records of Devavrat Homes Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Devavrat Homes Private Limited has 20 court cases on record: 14 filed by Devavrat Homes, 6 filed against it. 5 cases are pending and 15 are disposed.
Total cases
20
Filed by the company
14
Filed against the company
6
Pending
5
Disposed
15
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 5 | 4 |
| District courts | 6 | 1 | 1 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Orissa | Interim or miscellaneous application | Filed by the company against M/S Tirumala Infrastructure Development and Pvt Ltd., Kolkata and 1 other | Pending |
| High Court of Orissa | Interim or miscellaneous application | Filed against the company by M/S. Tirumala Infrastructure Development Pvt. Ltd.,(Tidpl), Kolkata | Disposed |
| High Court of Orissa | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| High Court, ORISSA | Revision petition | Filed against the company by Officers Housing Cooperative Society Ltd. and 2 others | Pending |
| High Court, ORISSA | Revision petition | Filed against the company by M/S Tirumala Infrastructure Development Pvt.Ltd.(Tidpl) | Pending |
To see the full case history of Devavrat Homes 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 Devavrat Homes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Devavrat Homes Private Limited has a workforce of 28 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
28
Active EPFO establishments
1
Employee growth
3.7%
GST
Devavrat Homes has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AABCD9148C1Z3 | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Devavrat Homes Private Limited, buy the company report.
Recent activity
Devavrat Homes Private Limited has 5 board changes on record since 1999: 2 appointments and 3 cessations. The latest: Devavrat Devesh ceased to be Director on 01 Dec 2018.
Charges
A charge registered on 03 Jun 2020 via Charge ID 100341741 with State Bank Of India was fully satisfied on 20 Feb 2025.
Charges
A charge with State Bank Of India of Rs. 17.33 Cr registered on 22 Nov 2021 with Charge ID 100511343 was modified on 22 Jan 2025.
AGM
Devavrat Homes Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Devavrat Homes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
Charges
A charge registered on 18 Feb 2015 via Charge ID 10552343 with Others was fully satisfied on 27 Oct 2023.
Charges
A charge registered on 17 May 2012 via Charge ID 10359730 with Axis Bank Limited was fully satisfied on 10 Feb 2023.
Charges
A charge with State Bank Of India amounted to Rs. 17.33 Cr with Charge ID 100511343 was registered on 22 Nov 2021.
Charges
A charge with State Bank Of India amounted to Rs. 0.36 Cr with Charge ID 100341741 was registered on 03 Jun 2020.
Ceased
Devavrat Devesh ceased to be Director.
Charges
A charge with Others of Rs. 4.50 Cr registered on 18 Feb 2015 with Charge ID 10552343 was modified on 27 Sep 2017.
Charges
A charge with Others amounted to Rs. 4.50 Cr with Charge ID 10552343 was registered on 18 Feb 2015.
Charges
A charge registered on 25 Mar 2010 via Charge ID 10213764 with Idbi Bank Limited was fully satisfied on 05 Nov 2014.
9 earlier events are in the company report.
Frequently asked questions
Devavrat Homes is an active private limited company based in Bhubaneswar, Odisha, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 15 July 1999 (27+ years old) and is registered under CIN U70101OR1999PTC005838.
Devavrat Homes has 2 current directors:
- Sunita Choudhary - Managing Director
- Rajiv Nayan Choudhary - Director
The latest financial statements of Devavrat Homes 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 Devavrat Homes is 21AABCD9148C1Z3, registered in Odisha.
The CIN (Corporate Identification Number) of Devavrat Homes is U70101OR1999PTC005838. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devavrat Homes has 20 court cases on record: 14 filed by the company and 6 filed against it. 5 are pending. Most are in the high courts.
Devavrat Homes was incorporated on 15 July 1999, making it 27+ years old. It is registered with the Registrar of Companies, Cuttack.
Devavrat Devesh ceased to be Director on 01 Dec 2018. Chandra Kishore Singh ceased to be Director on 15 Oct 2014. Kaushalya Devi ceased to be Director on 14 Jan 2008. Devavrat Homes has 5 board changes on record in total.
Yes, Devavrat Homes is registered as a medium enterprise under Udyam registration (number: UDYAM-OD-19-0001761).
Devavrat Homes can be reached through the website devahomes.in. Its registered office is in Bhubaneswar, Odisha, India.