Devi Sea Foods Limited

Exports processed shrimp products from Andhra Pradesh with a recognized trading house status.

1992 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated: December 30, 2024

Devi Sea Foods Profile

Key Indicators

  • Authorised Capital ₹ 18.00 Cr
  • Paid Up Capital ₹ 11.71 Cr
  • Company Age 32 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 133.82 Cr
  • Satisfied Charges ₹ 108.40 Cr
  • Revenue Growth 42.95%
  • Profit Growth 44.26%
  • Ebitda 39.12%
  • Net Worth 24.53%
  • Total Assets 23.36%

About Devi Sea Foods

Devi Sea Foods Limited (DSFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 March 1992 and has a history of 32 years and ten months. Its registered office is in Visakhapatnam, Andhra Pradesh, India.

The Company is engaged in the Agriculture Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 18.00 Cr and a paid-up capital of Rs 11.71 Cr.

The company currently has active open charges totaling ₹133.82 Cr. The company has closed loans amounting to ₹108.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Devi Sea Foods Limited India are Palukuri Chetty as CFO and Manas Panigrahi as Company Secretary. Mallikarjunudu Jasti, Anthony Kuttikat, Brahmanandam Potru, and Six other members serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    deviseafoods.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15122AP1992PLC094924

  • Company No.

    094924

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Mar 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Agriculture

Who are the key members and board of directors at Devi Sea Foods?

Executive Team (3)

NameDesignationAppointment DateStatus
Brahmanandam Potru Country flag representing In Managing Director26-Mar-1992Current
Palukuri Chetty Country flag representing In CFO12-Jan-2018Current
Manas Panigrahi Country flag representing In Company Secretary12-Jan-2018Current

Board Members (8)

NameDesignationAppointment DateStatus
Trinath Gampa Country flag representing In Director 30-Jan-2018Current
Mallikarjunudu Jasti Country flag representing In Director 19-Feb-2015Current
Anthony Kuttikat Country flag representing In Whole-Time Director 04-Aug-1997Current
Rama Potru Country flag representing In Whole-Time Director 01-Jun-2005Current
Pramod Ranjan Country flag representing Au Director 30-Dec-2015Current
Sambasiva Gadde Country flag representing In Whole-Time Director 01-Oct-2001Current

Financial Performance of Devi Sea Foods.

Devi Sea Foods Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 42.95% increase. The company also saw a substantial improvement in profitability, with a 44.26% increase in profit. The company's net worth Soared by an impressive increase of 24.53%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
42.95%
Revenue from Operations
42.84%
Total Assets
23.36%
Profit or Loss
44.26%
Net Worth
24.53%
EBITDA
39.12%

What is the Ownership and Shareholding Structure of Devi Sea Foods?

In 2023, Devi Sea Foods had a promoter holding of 50.55% and a public holding of 49.45%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹133.82 Cr

Satisfied Charges

₹108.40 Cr

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 133.82 Cr

Latest Charge Details

DateLenderAmountStatus
26 Jun 1992Union Bank Of India₹133.82 CrOpen
14 Dec 2011Union Bank Of India₹88.40 CrSatisfied
04 Aug 2005Union Bank Of India₹10.00 CrSatisfied
14 Mar 2005Icici Bank Limited₹10.00 CrSatisfied

How Many Employees Work at Devi Sea Foods?

Devi Sea Foods has a workforce of 929 employees as of May 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Devi Sea Foods, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Devi Sea Foods's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Devi Sea Foods

Recent activity within the organization

  • Annual General Meeting

    Devi Sea Foods Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Devi Sea Foods Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

    31 Mar 2024

  • Director Appointment

    Suryavathi Potru was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 08 Dec 2020 & has been associated with this company since 4 years 2 months .

    08 Dec 2020

  • Director Appointment

    Trinath Gampa was appointed as a Director was appointed as a Director on 30 Jan 2018 & has been associated with this company since 7 years 23 days .

    30 Jan 2018

  • Director Appointment

    Palukuri Varahalu Chetty was appointed as a Cfo was appointed as a Cfo on 12 Jan 2018 & has been associated with this company since 7 years 1 month .

    12 Jan 2018

  • Director Appointment

    Manas Ranjan Panigrahi was appointed as a Company Secretary was appointed as a Company Secretary on 12 Jan 2018 & has been associated with this company since 7 years 1 month .

    12 Jan 2018

Recent News, Updates & Announcement

Frequently asked questions

  • Devi Sea Foods Limited was incorporated on 26 Mar 1992.

  • The authorized share capital of Devi Sea Foods Limited is ₹ 18.00 Cr and paid-up capital is ₹ 11.71 Cr.

  • Currently 11 directors are associated with Devi Sea Foods Limited.

    • Mallikarjunudu Jasti
    • Anthony John Kuttikat
    • Brahmanandam Potru
    • Rama Devi Potru
    • Pramod Ranjan
    • Sambasiva Rao Gadde
    • Suryavathi Potru
    • Naveena Nekkanti
    • Trinath Gampa
    • Palukuri Varahalu Chetty
    • Manas Ranjan Panigrahi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Devi Sea Foods Limited is 50-1-51/1, A.S.R. Nagar Seethammadhara India, Visakhapatnam, Andhra Pradesh, 530013.

  • The corporate identification number (CIN) of Devi Sea Foods Limited is U15122AP1992PLC094924 and the company number is 094924 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Devi Sea Foods Limited is https://www.deviseafoods.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Devi Sea Foods Limited has risen by 42.95%.

  • As Per 2022 financial reports, 929 employees are currently employed by Devi Sea Foods Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Devi Sea Foods Limited has experienced an upsurge of 24.53%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Devi Sea Foods Limited amount to ₹ 133.82 Cr.

  • The most recent Balance Sheet for Devi Sea Foods Limited was filed with the ROC on 31 Mar 2024.

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