Dev Information Technology Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Low debt relative to equity (D/E 0.3x)
Concerns
- ✗Low capital efficiency (ROCE 3.5%)
- ✗Premium to sector peers (P/E 135x vs industry 41x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| TCS Tata Consultancy Services Limited | ₹2,207 | ₹8.2L Cr | 15.3 | 7.46 | 51.8 | 63 | 0.11 |
| INFY Infosys Limited | ₹1,052 | ₹4.4L Cr | 14.8 | 4.59 | 31.9 | 40 | 0.1 |
| HCLTECH HCL Technologies Limited | ₹1,237 | ₹3.3L Cr | 18 | 4.47 | 24 | 30.6 | 0.07 |
| WIPRO Wipro Limited | ₹174 | ₹1.7L Cr | 13.2 | 2.08 | 15.5 | 17.8 | 0.23 |
| TECHM Tech Mahindra Limited | ₹1,558 | ₹1.5L Cr | 29 | 5.16 | 17.5 | 23.1 | 0.07 |
| LTM LTM Limited | ₹3,973 | ₹1.2L Cr | 21.6 | 4.9 | 23.1 | 29.6 | 0.1 |
| OFSS Oracle Financial Services Software Limited | ₹10,777 | ₹1.0L Cr | 38.8 | 11.99 | 32.6 | 45.3 | 0 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
DEVIT · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 71.31% | 70.20% | 70.20% | 68.74% | 66.63% | 66.63% |
| FII | — | — | — | 1.45% | 1.48% | 0.45% |
| Public | 28.69% | 29.80% | 29.80% | 29.82% | 31.88% | 32.93% |
Corporate Events
Dividend - Re 0.10 Per Share
Face Value Split (Sub-Division) - From Rs 5/- Per Share To Rs 2/- Per Share
Interim Dividend - Rs 0.25 Per Share
Annual General Meeting/Dividend - Re 0.25 Per Share
Annual General Meeting/Dividend - Re 0.25 Per Share
Latest News
All news →Dev Information Technology bags new IT services orders
*Dev Information Technology bags new IT services orders* — The company has secured new contracts, boosting its order book. While financial details weren't disclosed, the win signals improved demand for its services. This could positively impact near-term revenue and investor sentiment. 📊 *STOCKS:* DEVINFO | 🏢 *SECTOR:* IT | #MEDIUMIMPACT #OrderWin
Dev Information Technology hosts analyst call with updates
*Dev Information Technology hosts analyst call with updates*. Company shared operational and financial insights during its analyst and institutional investor meet. No major announcements on earnings, guidance, or leadership changes were disclosed. The session focused on recent performance and sector outlook. 📊 *STOCKS:* DEVINFO | 🏢 *SECTOR:* IT | #LOWIMPACT #AnalystCall
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹44.14 Cr ▼9.0% | ₹48.51 Cr ▲12.8% | ₹42.99 Cr ▼16.6% | ₹51.55 Cr ▲8.0% | ₹47.71 Cr ▲32.7% | ₹35.94 Cr ▲1.4% | ₹35.46 Cr ▼18.4% | ₹43.44 Cr |
| Op. Profit | ₹-6.37 Cr ▼302.9% | ₹3.14 Cr ▼11.8% | ₹3.56 Cr ▲29.0% | ₹2.76 Cr ▼8.0% | ₹3 Cr ▲377.8% | ₹-1.08 Cr ▼118.7% | ₹5.79 Cr ▼6.6% | ₹6.2 Cr |
| OPM | -14.4% ▼323.0% | 6.5% ▼21.9% | 8.3% ▲54.8% | 5.3% ▼14.9% | 6.3% ▲309.0% | -3.0% ▼118.4% | 16.3% ▲14.4% | 14.3% |
| Net Profit | ₹-7.42 Cr ▼110.3% | ₹71.88 Cr ▲3197.2% | ₹2.18 Cr ▲92.9% | ₹1.13 Cr ▼37.9% | ₹1.82 Cr ▼77.6% | ₹8.11 Cr ▲118.6% | ₹3.71 Cr ▼13.3% | ₹4.28 Cr |
| EPS (₹) | -1.29 ▼110.1% | 12.75 ▲3345.9% | 0.37 ▲68.2% | 0.22 ▼29.0% | 0.31 ▼79.2% | 1.49 ▲136.5% | 0.63 ▼14.9% | 0.74 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹171 Cr ▲4.3% | ₹164 Cr ▲32.3% | ₹124 Cr ▲24.0% | ₹100 Cr ▲17.6% | ₹85 Cr ▲23.2% | ₹69 Cr ▼11.5% | ₹78 Cr ▲11.4% | ₹70 Cr ▲9.4% | ₹64 Cr |
| Expenses | ₹160 Cr ▲6.7% | ₹150 Cr ▲28.2% | ₹117 Cr ▲21.9% | ₹96 Cr ▲17.1% | ₹82 Cr ▲28.1% | ₹64 Cr ▼5.9% | ₹68 Cr ▲11.5% | ₹61 Cr ▲7.0% | ₹57 Cr |
| Op. Profit | ₹10 Cr ▼28.6% | ₹14 Cr ▲100.0% | ₹7 Cr ▲75.0% | ₹4 Cr ▲33.3% | ₹3 Cr ▼40.0% | ₹5 Cr ▼50.0% | ₹10 Cr ▲11.1% | ₹9 Cr ▲50.0% | ₹6 Cr |
| OPM | 6.0% ▼25.0% | 8.0% ▲33.3% | 6.0% ▲50.0% | 4.0% ▲33.3% | 3.0% ▼57.1% | 7.0% ▼41.7% | 12.0% ▲0.0% | 12.0% ▲20.0% | 10.0% |
| Other Income | ₹13 Cr ▲550.0% | ₹2 Cr ▼71.4% | ₹7 Cr ▲600.0% | ₹1 Cr ▲0.0% | ₹1 Cr ▼50.0% | ₹2 Cr ▲100.0% | ₹1 Cr | ₹0 Cr | ₹0 Cr |
| Interest | ₹3 Cr ▲200.0% | ₹1 Cr ▲0.0% | ₹1 Cr ▲0.0% | ₹1 Cr ▲0.0% | ₹1 Cr ▲0.0% | ₹1 Cr ▼50.0% | ₹2 Cr ▲0.0% | ₹2 Cr ▲0.0% | ₹2 Cr |
| Depreciation | ₹3 Cr ▲200.0% | ₹1 Cr ▲0.0% | ₹1 Cr ▼50.0% | ₹2 Cr ▲0.0% | ₹2 Cr ▲0.0% | ₹2 Cr ▲0.0% | ₹2 Cr ▲0.0% | ₹2 Cr ▲100.0% | ₹1 Cr |
| PBT | ₹18 Cr ▲50.0% | ₹12 Cr ▲9.1% | ₹11 Cr ▲450.0% | ₹2 Cr | ₹0 Cr ▼100.0% | ₹4 Cr ▼42.9% | ₹7 Cr ▲16.7% | ₹6 Cr ▲50.0% | ₹4 Cr |
| Tax % | 18.0% ▼25.0% | 24.0% ▲20.0% | 20.0% ▼80.8% | 104.0% ▼87.9% | 860.0% ▲86100.0% | -1.0% ▼102.9% | 35.0% ▲25.0% | 28.0% ▼15.2% | 33.0% |
| Net Profit | ₹15 Cr ▲66.7% | ₹9 Cr ▲0.0% | ₹9 Cr | ₹0 Cr | ₹0 Cr ▼100.0% | ₹4 Cr ▲0.0% | ₹4 Cr ▲0.0% | ₹4 Cr ▲33.3% | ₹3 Cr |
| EPS (₹) | 2.64 ▲60.0% | 1.65 ▲1.9% | 1.62 ▲8000.0% | 0.02 ▲133.3% | -0.06 ▼109.0% | 0.67 ▼15.2% | 0.79 ▲14.5% | 0.69 ▼6.8% | 0.74 |
| Div Payout | 4.0% ▼33.3% | 6.0% ▲0.0% | 6.0% ▼98.6% | 425.0% | 0.0% ▼100.0% | 7.0% ▲16.7% | 6.0% ▼14.3% | 7.0% ▲0.0% | 7.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹11 Cr ▲0.0% | ₹11 Cr ▲0.0% | ₹11 Cr ▲0.0% | ₹11 Cr ▲0.0% | ₹11 Cr ▲83.3% | ₹6 Cr ▲0.0% | ₹6 Cr ▲0.0% | ₹6 Cr ▲0.0% | ₹6 Cr ▲50.0% | ₹4 Cr |
| Reserves | ₹118 Cr ▲107.0% | ₹57 Cr ▲29.5% | ₹44 Cr ▲46.7% | ₹30 Cr ▲36.4% | ₹22 Cr ▼18.5% | ₹27 Cr ▼3.6% | ₹28 Cr ▲16.7% | ₹24 Cr ▲20.0% | ₹20 Cr ▲66.7% | ₹12 Cr |
| Borrowings | ₹24 Cr ▲20.0% | ₹20 Cr ▲33.3% | ₹15 Cr ▲114.3% | ₹7 Cr ▼30.0% | ₹10 Cr ▼9.1% | ₹11 Cr ▲0.0% | ₹11 Cr ▲0.0% | ₹11 Cr ▲22.2% | ₹9 Cr ▲12.5% | ₹8 Cr |
| Other Liabilities | ₹55 Cr ▲61.8% | ₹34 Cr ▲36.0% | ₹25 Cr ▲31.6% | ₹19 Cr ▼20.8% | ₹24 Cr ▲33.3% | ₹18 Cr ▲28.6% | ₹14 Cr ▼6.7% | ₹15 Cr ▼21.1% | ₹19 Cr ▲0.0% | ₹19 Cr |
| Total Liabilities | ₹207 Cr ▲69.7% | ₹122 Cr ▲28.4% | ₹95 Cr ▲39.7% | ₹68 Cr ▲3.0% | ₹66 Cr ▲6.5% | ₹62 Cr ▲6.9% | ₹58 Cr ▲3.6% | ₹56 Cr ▲3.7% | ₹54 Cr ▲25.6% | ₹43 Cr |
| Assets | ||||||||||
| Fixed Assets | ₹34 Cr ▲47.8% | ₹23 Cr ▲4.5% | ₹22 Cr ▲57.1% | ₹14 Cr ▲40.0% | ₹10 Cr ▲0.0% | ₹10 Cr ▼16.7% | ₹12 Cr ▼14.3% | ₹14 Cr ▲55.6% | ₹9 Cr ▲0.0% | ₹9 Cr |
| CWIP | ₹0 Cr ▼100.0% | ₹4 Cr ▲33.3% | ₹3 Cr ▲200.0% | ₹1 Cr ▲0.0% | ₹1 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹79 Cr ▲1875.0% | ₹4 Cr ▲33.3% | ₹3 Cr ▲0.0% | ₹3 Cr ▲0.0% | ₹3 Cr ▼25.0% | ₹4 Cr ▼20.0% | ₹5 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other Assets | ₹94 Cr ▲2.2% | ₹92 Cr ▲37.3% | ₹67 Cr ▲36.7% | ₹49 Cr ▼7.5% | ₹53 Cr ▲12.8% | ₹47 Cr ▲14.6% | ₹41 Cr ▼2.4% | ₹42 Cr ▼6.7% | ₹45 Cr ▲32.4% | ₹34 Cr |
| Total Assets | ₹207 Cr ▲69.7% | ₹122 Cr ▲28.4% | ₹95 Cr ▲39.7% | ₹68 Cr ▲3.0% | ₹66 Cr ▲6.5% | ₹62 Cr ▲6.9% | ₹58 Cr ▲3.6% | ₹56 Cr ▲3.7% | ₹54 Cr ▲25.6% | ₹43 Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹-9 Cr ▼800.0% | ₹-1 Cr ▲50.0% | ₹-2 Cr ▼133.3% | ₹6 Cr ▲0.0% | ₹6 Cr ▲20.0% | ₹5 Cr ▼28.6% | ₹7 Cr ▲333.3% | ₹-3 Cr ▼150.0% | ₹6 Cr ▲200.0% | ₹2 Cr |
| Investing CF | ₹9 Cr ▲550.0% | ₹-2 Cr ▼100.0% | ₹-1 Cr ▲50.0% | ₹-2 Cr | ₹0 Cr ▲100.0% | ₹-7 Cr ▲0.0% | ₹-7 Cr ▼600.0% | ₹-1 Cr ▲83.3% | ₹-6 Cr | ₹0 Cr |
| Financing CF | ₹-2 Cr ▼150.0% | ₹4 Cr ▲200.0% | ₹-4 Cr ▼33.3% | ₹-3 Cr ▼200.0% | ₹-1 Cr ▼200.0% | ₹1 Cr | ₹0 Cr ▼100.0% | ₹6 Cr ▲700.0% | ₹-1 Cr ▲0.0% | ₹-1 Cr |
| Net Cash Flow | ₹-2 Cr ▼300.0% | ₹1 Cr ▲114.3% | ₹-7 Cr ▼800.0% | ₹1 Cr ▼75.0% | ₹4 Cr ▲300.0% | ₹-2 Cr | ₹0 Cr ▼100.0% | ₹2 Cr ▲300.0% | ₹-1 Cr | ₹0 Cr |
| Free Cash Flow | ₹-13 Cr ▼333.3% | ₹-3 Cr ▲57.1% | ₹-7 Cr ▼275.0% | ₹4 Cr ▼20.0% | ₹5 Cr ▲150.0% | ₹2 Cr | ₹0 Cr ▲100.0% | ₹-4 Cr | ₹0 Cr ▼100.0% | ₹1 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 159d ▲39.5% | 114d ▲10.7% | 103d ▼9.6% | 114d ▲21.3% | 94d ▼18.3% | 115d ▲25.0% | 92d ▼33.3% | 138d ▲17.9% | 117d ▼7.9% | 127d |
| Inventory Days | — | 75d ▲25.0% | 60d ▲53.8% | 39d ▼48.0% | 75d ▼9.6% | 83d ▲29.7% | 64d ▼1.5% | 65d ▲41.3% | 46d ▼4.2% | 48d |
| Days Payable | — | 122d ▼18.7% | 150d ▲2.7% | 146d ▲24.8% | 117d ▼14.0% | 136d ▲3.8% | 131d ▼21.6% | 167d ▼1.2% | 169d ▲19.0% | 142d |
| Cash Conv. Cycle | 159d ▲133.8% | 68d ▲385.7% | 14d ▲133.3% | 6d ▼88.7% | 53d ▼15.9% | 63d ▲152.0% | 25d ▼30.6% | 36d ▲614.3% | -7d ▼121.9% | 32d |
| Working Capital Days | 82d ▲32.3% | 62d ▲12.7% | 55d ▲150.0% | 22d ▼8.3% | 24d ▼54.7% | 53d ▲3.9% | 51d ▼10.5% | 57d ▲185.0% | 20d ▼39.4% | 33d |
| ROCE | 11.0% ▼52.2% | 23.0% ▼17.9% | 28.0% ▲300.0% | 7.0% ▲133.3% | 3.0% ▼62.5% | 8.0% ▼63.6% | 22.0% ▼8.3% | 24.0% ▼17.2% | 29.0% ▲11.5% | 26.0% |
Source: Screener.in · Lower days = better efficiency
About Dev Information Technology Limited
Incorporated in 1997, Dev Information Technology Ltd is in the business of providing IT enabled services[1]
Information Technology · IT - Services