Devas Engineering Systems Private Limited - Due diligence report

A 360° intelligence report on Devas Engineering Systems Private Limited: trust score, financial health, credit view, compliance, directors, …

2010-04-06 Hosur, Tamil Nadu Under Liquidation Unlisted Active Compliant
DE Devas Engineering Systems Private Limited
Full Due-Diligence Report + Documents
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  • Director details, charges & MCA documents
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Devas Engineering Systems Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
36/100
Trust Score
Caution Indicated

Devas Engineering Systems Private Limited is assessed as Caution Indicated with a Trust Score of 36/100. Devas Engineering Systems Private Limited is a private limited indian non-government company incorporated in 2010, operating in the Machinery and Equipment 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 high compliance risk and high financial risk profile.

Report generated on 19 Jul 2026 from the latest processed filings. Devas Engineering Systems Private Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Weak
Compliance › Caution

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 ScoreCaution Indicated
36/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
5/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
10/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
20/100
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.

Get full access

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: 45/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.
  • Working-capital cover adequate.

Charges position: 1 open (15.35 cr) · 0 satisfied (-).

Banking relationships (from registered charges)
LenderChargesAmount
Corporation Bank1 48.0 cr
Compliance Score: 5/100 Caution Indicated
  • Company status is "Under Liquidation" - not Active.
  • Last balance sheet is for Mar 2022 - filings overdue.
  • Flagged by authority: NCLT.
  • Litigation present in 1 court forum(s).
  • 1 active GST registration(s).
Legal cases on record (1)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
SWAMINATHAN PRABHU 01234567 Director 01/04/2018 6 yrs Approved
SHIENOLA SADHU 01234567 Director 01/04/2018 6 yrs Approved
DEVAMONY PARAMASADHU 01234567 Director 01/04/2018 6 yrs Approved
  • 3 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 2015)
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 2022 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
2 allotment(s) · 0 transfer(s)

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

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 20
Growth signals & trust indicators
Operating for 16+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Negative net worth.
Statutory filings appear overdue.
Adverse company status: Under Liquidation.
Compliance score is weak (5/100).
1 open charge(s) registered - assets are encumbered.
1 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence19/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 4 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment24/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 1 open charge(s) of 15.35 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view28/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 9 events
05 Dec 2023
Director appointed
SWAMINATHAN PRABHU (IRP/RP/Liquidator)
30 Sep 2022
Last AGM held
Annual general meeting
31 Mar 2022
Latest balance sheet
Filed with ROC
07 Nov 2013
Securities allotted
334000 Equity Shares Without Differential Rights - 3.34 cr raised
01 Nov 2013
Securities allotted
334000 Equity Shares Without Differential Rights - 3.34 cr raised
24 Jun 2011
Charge created
Corporation Bank - 15.35 cr
06 Apr 2010
Incorporated
Registered with Roc Coimbatore
Director appointed
SHIENOLA SADHU (Director)
Director appointed
DEVAMONY PARAMASADHU (Director)
10

Key Observations

Auto-generated from the data above
Revenue declined 38% over the last 4 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
3 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2022 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 2 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Accelio Engineering Private Limited U74999WB2019PTC230596 Kolkata, West Bengal, India
Enviro Shield Solutions Private Limited U29308PN2021PTC202656 Pune, Maharashtra, India
Jaitik Metal Cans Private Limited U74999DL2020PTC361246 Delhi, Delhi, India
Prime Alloy Steels Private Limited U00330BR1997PTC007656 Gaya, Bihar, India
Bajaj Mechanicals Private Limited U74899DL1983PTC015287 New Delhi, Delhi, India
Ratna Dies And Moulds Private Limited U51500TG1996PTC022808 Hyderabad, Telangana, India
Nks Fabricators Private Limited U28910DL2007PTC164491 Delhi, Delhi, India
Frontline Roll Forms Private Limited U29290MH1993PTC073370 Navi Mumbai, Maharashtra, India
12

Who Uses This Report

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

Verify Devas Engineering Systems Private Limited before audits and certifications: compliance score 5/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Devas Engineering Systems 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 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score 40/100, margin trends, ownership structure and peer set for Devas Engineering Systems Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 36/100, distress signals and MSME payment-delay disclosures - know whether Devas Engineering Systems Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (1 case(s) on record), regulatory flags, charge documents trail and director networks for Devas Engineering Systems Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Devas Engineering Systems Private Limited an active company?

Devas Engineering Systems Private Limited has MCA status “Under Liquidation” with a compliance score of 5/100 (Caution Indicated).

Is Devas Engineering Systems Private Limited financially healthy?

Devas Engineering Systems Private Limited has a Financial Health Score of 10/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Devas Engineering Systems Private Limited?

Its overall Trust Score is 36/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Devas Engineering Systems Private Limited?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 3 active director(s) are on record.

Does Devas Engineering Systems Private Limited have loans or charges against its assets?

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

Is Devas Engineering Systems Private Limited up to date with its ROC filings?

Last balance sheet is for Mar 2022 - filings overdue. Overall compliance score: 5/100 (Caution Indicated).

Is it risky to lend to Devas Engineering Systems Private Limited?

Its Credit Risk Score is 45/100 (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.