Dev Information Technology Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Attractively valued vs sector (P/E 24.4x vs industry 40.1x)
- Low debt relative to equity (D/E 0.3x)
- Near 52-week low — potential value zone (₹22)
Concerns
- Low capital efficiency (ROCE 3.5%)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| TCS Tata Consultancy Services Limited | ₹2,304 | ₹8.3L Cr | 15.5 | 7.78 | 51.8 | 63 | 0.11 |
| INFY Infosys Limited | ₹1,130 | ₹4.6L Cr | 14.7 | 5.02 | 31.9 | 40 | 0.1 |
| HCLTECH HCL Technologies Limited | ₹1,293 | ₹3.5L Cr | 19.4 | 4.67 | 23.8 | 30.4 | 0.07 |
| WIPRO Wipro Limited | ₹176 | ₹1.7L Cr | 13.2 | 2.1 | 15.5 | 17.8 | 0.23 |
| TECHM Tech Mahindra Limited | ₹1,597 | ₹1.6L Cr | 29.4 | 5.29 | 17.5 | 23.1 | 0.07 |
| LTM LTM Limited | ₹4,554 | ₹1.4L Cr | 24.1 | 5.62 | 23.1 | 29.6 | 0.1 |
| OFSS Oracle Financial Services Software Limited | ₹12,058 | ₹1.1L Cr | 30.8 | 13.41 | 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 newsDev IT bags new orders worth ₹120 crore
*Dev IT bags new orders worth ₹120 crore* Dev Information Technology Limited has secured fresh orders amounting to **₹120 crore** across government and enterprise segments. The contracts will contribute to revenue over the next 12–18 months. This strengthens the company’s order book amid rising digital transformation demand. 📊 *STOCKS:* $DEVIT | 🏢 *SECTOR:* IT | #MEDIUMIMPACT #OrderWin
Dev Info Tech bags new IT services orders
*Dev Info Tech bags new IT services orders.* The company has secured new contracts, boosting its order book. These wins are expected to contribute **revenue growth** in the upcoming quarters. Execution timeline and client details remain undisclosed. 📊 *STOCKS:* $DEVINFO | 🏢 *SECTOR:* IT | #MEDIUMIMPACT #IT
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 issues press release on August 14, 2026
*Dev Information Technology issues press release on August 14, 2026.* The company filed a corporate announcement on the NSE without disclosing specific details. Such generic press release filings typically contain routine updates. Traders should await further clarity on the announcement’s nature. 📊 *STOCKS:* $DEVINFO | 🏢 *SECTOR:* IT | #LOWIMPACT #PressRelease
Dev Information Technology publishes newspaper notice
*Dev Information Technology publishes newspaper notice.* This is a routine corporate filing with no financial or operational updates. **No material impact** expected on stock price or business. The notice pertains to standard regulatory or administrative disclosure requirements. 📊 *STOCKS:* $DEVINFO | 🏢 *SECTOR:* IT | #LOWIMPACT #IT
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 TechnologyIT - Services