Dev Information Technology Ltd
Incorporated in 1997, Dev Information Technology Ltd is in the business of
providing IT enabled services[1]
- Market Cap ₹ 247 Cr.
- Current Price ₹ 43.8
- High / Low ₹ 76.4 / 35.3
- Stock P/E 17.8
- Book Value ₹ 12.6
- Dividend Yield 0.23 %
- ROCE 26.5 %
- ROE 24.3 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 51.1% CAGR over last 5 years
Cons
- Earnings include an other income of Rs.12.6 Cr.
- Company has high debtors of 171 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Information Technology Information Technology IT - Services IT Enabled Services
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
57 | 44 | 45 | 57 | 67 | 71 | 66 | 84 | 99 | 122 | 157 | 151 | 156 | |
54 | 41 | 40 | 50 | 59 | 64 | 62 | 81 | 94 | 116 | 145 | 141 | 148 | |
Operating Profit | 3 | 3 | 5 | 6 | 8 | 7 | 4 | 3 | 5 | 6 | 13 | 10 | 8 |
OPM % | 5% | 7% | 11% | 11% | 12% | 10% | 6% | 4% | 5% | 5% | 8% | 7% | 5% |
0 | 0 | 0 | 0 | 0 | 2 | 2 | 0 | 1 | 7 | 1 | 13 | 13 | |
Interest | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 |
Depreciation | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 2 | 2 |
Profit before tax | 2 | 2 | 3 | 4 | 5 | 6 | 3 | 0 | 4 | 11 | 12 | 19 | 17 |
Tax % | 27% | 28% | 36% | 33% | 30% | 33% | -0% | 159% | 50% | 19% | 25% | 18% | |
1 | 1 | 2 | 3 | 3 | 4 | 3 | -0 | 2 | 9 | 9 | 15 | 14 | |
EPS in Rs | 2.10 | 2.40 | 3.87 | 0.72 | 0.62 | 0.79 | 0.62 | -0.03 | 0.35 | 1.58 | 1.56 | 2.74 | 2.46 |
Dividend Payout % | 7% | 8% | 6% | 7% | 8% | 6% | 8% | 0% | 29% | 6% | 6% | 7% |
Compounded Sales Growth | |
---|---|
10 Years: | 13% |
5 Years: | 18% |
3 Years: | 15% |
TTM: | 21% |
Compounded Profit Growth | |
---|---|
10 Years: | 29% |
5 Years: | 51% |
3 Years: | 100% |
TTM: | 33% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 32% |
3 Years: | 1% |
1 Year: | -17% |
Return on Equity | |
---|---|
10 Years: | 15% |
5 Years: | 16% |
3 Years: | 22% |
Last Year: | 24% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.50 | 0.50 | 0.50 | 4 | 6 | 6 | 6 | 6 | 11 | 11 | 11 | 11 |
Reserves | 7 | 8 | 10 | 12 | 20 | 24 | 27 | 27 | 23 | 31 | 45 | 60 |
6 | 8 | 8 | 8 | 9 | 10 | 11 | 11 | 9 | 7 | 12 | 16 | |
23 | 10 | 12 | 19 | 19 | 14 | 15 | 19 | 24 | 18 | 21 | 30 | |
Total Liabilities | 38 | 27 | 31 | 43 | 53 | 53 | 58 | 62 | 67 | 68 | 89 | 117 |
5 | 4 | 4 | 9 | 9 | 11 | 12 | 10 | 10 | 9 | 11 | 12 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 4 | 4 | 9 | 15 | 19 |
32 | 22 | 26 | 34 | 44 | 41 | 41 | 48 | 53 | 48 | 62 | 85 | |
Total Assets | 38 | 27 | 31 | 43 | 53 | 53 | 58 | 62 | 67 | 68 | 89 | 117 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2 | 1 | 1 | 3 | -3 | 5 | 8 | 5 | 5 | -1 | -1 | -9 | |
-1 | -0 | 0 | -5 | -1 | -4 | -7 | -1 | -2 | -1 | -2 | 7 | |
1 | -0 | -1 | 1 | 6 | -1 | -1 | -1 | -3 | -4 | 3 | 2 | |
Net Cash Flow | 2 | 0 | 0 | -2 | 2 | 0 | -0 | 4 | -0 | -6 | 0 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 141 | 116 | 132 | 134 | 149 | 110 | 127 | 103 | 124 | 109 | 116 | 171 |
Inventory Days | 36 | 16 | 52 | 57 | 64 | 67 | 83 | 75 | 39 | 60 | 76 | 43 |
Days Payable | 195 | 114 | 155 | 206 | 166 | 112 | 150 | 125 | 145 | 147 | 128 | 111 |
Cash Conversion Cycle | -17 | 18 | 29 | -15 | 48 | 65 | 60 | 53 | 18 | 22 | 65 | 103 |
Working Capital Days | 6 | 15 | 36 | 30 | 63 | 56 | 53 | 25 | 32 | 60 | 65 | 94 |
ROCE % | 20% | 19% | 26% | 28% | 23% | 16% | 8% | 4% | 11% | 26% | 22% | 26% |
Documents
Announcements
-
Reg. 34 (1) Annual Report.
8h - 28th Annual Report FY2024-25 submitted and emailed to shareholders on 06 Sep 2025; link provided.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 8h
- Annual General Meeting Of Shareholders To Be Held On 30Th September, 2025. 1d
-
Intimation Of Record Date Pursuant To Regulation 42
1d - Books closed Sep 24–29, 2025; record date Sep 23, 2025 for final dividend and 28th AGM.
-
Notice Of Annual General Meeting On 30Th September, 2025
1d - 28th AGM on 30 Sep 2025; record date 23 Sep; register closed 24–29 Sep; auditor reappointment proposed.
Annual reports
Concalls
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Aug 2025TranscriptNotesPPT
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Jun 2025Transcript PPT
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Feb 2025TranscriptPPT
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Dec 2024TranscriptNotesPPT
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Nov 2024Transcript PPT
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Aug 2024TranscriptPPT
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Nov 2022TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
Business Overview:[1]
DEV IT is a Technology Solutions Provider which delivers Digital Transformation leveraging Cloud, Automation and Data technologies