Dev Information Technology Ltd
Incorporated in 1997, Dev Information Technology Ltd is in the business of
providing IT enabled services[1]
- Market Cap ₹ 250 Cr.
- Current Price ₹ 111
- High / Low ₹ 191 / 88.2
- Stock P/E 16.9
- Book Value ₹ 30.4
- Dividend Yield 0.23 %
- ROCE 25.6 %
- ROE 23.8 %
- Face Value ₹ 5.00
Pros
- Company has delivered good profit growth of 45.8% CAGR over last 5 years
Cons
- Earnings include an other income of Rs.13.2 Cr.
- Company has high debtors of 159 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
57 | 46 | 47 | 64 | 70 | 78 | 69 | 85 | 100 | 124 | 164 | 171 | |
54 | 42 | 42 | 57 | 61 | 68 | 64 | 82 | 96 | 117 | 150 | 160 | |
Operating Profit | 3 | 3 | 5 | 6 | 9 | 10 | 5 | 3 | 4 | 7 | 14 | 10 |
OPM % | 5% | 7% | 10% | 10% | 12% | 12% | 7% | 3% | 4% | 6% | 8% | 6% |
0 | 0 | 1 | 0 | 0 | 1 | 2 | 1 | 1 | 7 | 2 | 13 | |
Interest | 1 | 1 | 1 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 3 |
Depreciation | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 3 |
Profit before tax | 2 | 2 | 3 | 4 | 6 | 7 | 4 | 0 | 2 | 11 | 12 | 18 |
Tax % | 27% | 28% | 36% | 33% | 28% | 35% | -1% | 860% | 104% | 20% | 24% | 18% |
1 | 1 | 2 | 3 | 4 | 4 | 4 | -0 | -0 | 9 | 9 | 15 | |
EPS in Rs | 5.50 | 6.35 | 10.30 | 1.85 | 1.74 | 1.99 | 1.68 | -0.15 | 0.06 | 4.06 | 4.13 | 6.60 |
Dividend Payout % | 7% | 8% | 6% | 7% | 7% | 6% | 7% | 0% | 425% | 6% | 6% | 8% |
Compounded Sales Growth | |
---|---|
10 Years: | 14% |
5 Years: | 20% |
3 Years: | 20% |
TTM: | 4% |
Compounded Profit Growth | |
---|---|
10 Years: | 28% |
5 Years: | 46% |
3 Years: | 497% |
TTM: | 59% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 46% |
3 Years: | 10% |
1 Year: | -7% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 14% |
3 Years: | 22% |
Last Year: | 24% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 28 | 27 | 22 | 30 | 44 | 57 |
6 | 8 | 8 | 8 | 9 | 11 | 11 | 11 | 10 | 7 | 15 | 20 | |
23 | 10 | 12 | 19 | 19 | 15 | 14 | 18 | 24 | 19 | 25 | 33 | |
Total Liabilities | 38 | 27 | 31 | 43 | 54 | 56 | 58 | 62 | 66 | 68 | 95 | 122 |
5 | 4 | 4 | 9 | 9 | 14 | 12 | 10 | 10 | 14 | 22 | 23 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 3 | 4 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 4 | 3 | 3 | 3 | 4 |
33 | 22 | 27 | 34 | 45 | 42 | 41 | 47 | 53 | 49 | 67 | 92 | |
Total Assets | 38 | 27 | 31 | 43 | 54 | 56 | 58 | 62 | 66 | 68 | 95 | 122 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3 | 1 | 2 | 6 | -3 | 7 | 5 | 6 | 6 | -2 | -1 | -9 | |
-0 | -0 | -0 | -6 | -1 | -7 | -7 | -0 | -2 | -1 | -2 | 9 | |
-0 | -0 | -1 | -1 | 6 | 0 | 1 | -1 | -3 | -4 | 4 | -2 | |
Net Cash Flow | 2 | 0 | 0 | -1 | 2 | 0 | -2 | 4 | 1 | -7 | 1 | -2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 140 | 114 | 127 | 117 | 138 | 92 | 115 | 94 | 114 | 103 | 114 | 159 |
Inventory Days | 36 | 16 | 48 | 46 | 65 | 64 | 83 | 75 | 39 | 60 | 75 | 40 |
Days Payable | 185 | 98 | 142 | 169 | 167 | 131 | 136 | 117 | 146 | 150 | 122 | 106 |
Cash Conversion Cycle | -9 | 31 | 32 | -7 | 36 | 25 | 63 | 53 | 6 | 14 | 68 | 94 |
Working Capital Days | 34 | 62 | 65 | 46 | 96 | 82 | 98 | 65 | 55 | 66 | 83 | 108 |
ROCE % | 20% | 19% | 26% | 29% | 24% | 22% | 8% | 3% | 7% | 28% | 23% | 26% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
11 Jun - Dev IT secures 2.90 Cr order for 3-year Employment Exchange system from Rajasthan Govt.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
6 Jun - Dev IT Q4 FY25 earnings call: 11.38% revenue growth, 55.98% net profit rise, strategic contracts, AI and blockchain focus.
- Announcement under Regulation 30 (LODR)-Investor Presentation 5 Jun
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
4 Jun - Q4 FY24-25 earnings call recording made available on company website.
-
DEVIT Submits Earnings Release For Q4
30 May - Dev IT reports 56% net profit growth in FY25, secures multiple government and international IT contracts.
Annual reports
Concalls
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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