Devang Desserts Private Limited - Due diligence report

A 360° intelligence report on Devang Desserts Private Limited: trust score, financial health, credit view, compliance, directors, growth and…

2013-01-08 Nashik, Maharashtra Active Unlisted Active Compliant
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Devang Desserts Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
78/100
Trust Score
Low Risk

Devang Desserts Private Limited is assessed as Low Risk with a Trust Score of 78/100. Devang Desserts Private Limited is an active private limited indian non-government company incorporated in 2013, operating in the Food and Beverages sector. Reported revenue has declined across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and high financial risk profile.

Report generated on 03 Nov 2026 from the latest processed filings. Devang Desserts Private Limited snapshot & full profile →

Financial Health › Weak
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
78/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
88/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
40/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
20/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
50/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 20/100 Caution Indicated
  • Liabilities ≈ 38% EBITDA - stretched.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Elevated gearing (D/E 1.42).

Charges position: 4 open (1.83 cr) · 0 satisfied (-).

Banking relationships (from registered charges)
LenderChargesAmount
Others3 48.0 cr
Mahindra And Mahindra Financial Services Limited1 48.0 cr
Compliance Score: 88/100 Low Risk
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2025).
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
ARUN GANGADHAR VARODE 01234567 Director 01/04/2018 6 yrs Approved
JYOTI DEEPAK VAWAL 01234567 Director 01/04/2018 6 yrs Approved
DEEPAK SOMNATH VAWAL 01234567 Director 01/04/2018 6 yrs Approved
PRATIK DEEPAK WAVAL 01234567 Director 01/04/2018 6 yrs Approved
  • 4 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2017)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2020 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
-

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Key managerial personnel: DEEPAK SOMNATH VAWAL (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 50 · Distress 90
Growth signals & trust indicators
Latest year revenue grew 2.1x.
Operating for 13+ years.
Active GST registration(s).
Distress signals & risk flags
4 open charge(s) registered - assets are encumbered.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence86/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • No distress signals on file.
  • Financial filings available for verification.
Banker assessment43/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 4 open charge(s) of 1.83 cr already registered.
  • Compliance record supports lending.
Investor view54/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 1 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 12 events
30 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
02 Nov 2022
Director appointed
ARUN GANGADHAR VARODE (Director)
29 Jul 2020
Charge created
Others - 16.28 Lakh
16 Jan 2020
Charge created
Others - 81.40 Lakh
25 Mar 2017
Charge created
Others - 80.00 Lakh
14 Mar 2016
Charge created
Mahindra And Mahindra Financial Services Limited - 5.20 Lakh
21 Aug 2013
Director ceased
SONALI SANDEEP DHOTRE
08 Jan 2013
Incorporated
Registered with Roc Mumbai Ii
Director appointed
JYOTI DEEPAK VAWAL (Director)
Director appointed
DEEPAK SOMNATH VAWAL (Managing Director)
Director appointed
PRATIK DEEPAK WAVAL (Director)
10

Key Observations

Auto-generated from the data above
Revenue declined 24% over the last 4 financial year(s).
Net profit margin moved from 0.86 to 61%.
Debt-to-equity stands at 38% - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
4 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Promoters hold a dominant controlling stake as per the FY 2020 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Natural-Life Speciality Private Limited U74999PN2015PTC157058 Wanwadi, Maharashtra, India
Ashoka Estate Developers Private Limited U15100MH1996PTC097276 Nashik, Maharashtra, India
Impulsions Agro Industries Private Limited U01100PN2020PTC195435 Pune, Maharashtra, India
Taj Flour Mills And Food Processing Private Limited U15311CT2010PTC022036 Jagdalpur Dist Bastar, Chattisgarh, India
Gujjuzz Foods Private Limited U15400GJ2020PTC114856 Bhuj, Gujarat, India
Swiss Happy Cow Cheese Private Limited U15203GA2006PTC004792 Siolim, Goa, India
Reliver Pack Industries Private Limited U15135AS2020PTC020013 Chapaguri, Assam, India
Delectia Foods Private Limited U15134DL2016PTC306347 Newdelhi, Delhi, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Devang Desserts Private Limited before audits and certifications: compliance score 88/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Devang Desserts Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Enhanced diligence advised. Credit risk score 20/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 50/100, margin trends, ownership structure and peer set for Devang Desserts Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 78/100, distress signals and MSME payment-delay disclosures - know whether Devang Desserts Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Devang Desserts Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Devang Desserts Private Limited an active company?

Devang Desserts Private Limited has MCA status “Active” with a compliance score of 88/100 (Low Risk).

Is Devang Desserts Private Limited financially healthy?

Devang Desserts Private Limited has a Financial Health Score of 40/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Devang Desserts Private Limited?

Its overall Trust Score is 78/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Devang Desserts Private Limited?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 4 active director(s) are on record.

Does Devang Desserts Private Limited have loans or charges against its assets?

4 open charge(s) are registered against its assets.

Is Devang Desserts Private Limited up to date with its ROC filings?

Balance sheet slightly behind (Mar 2025). Overall compliance score: 88/100 (Low Risk).

Is it risky to lend to Devang Desserts Private Limited?

Its Credit Risk Score is 20/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.