Dev Information Technology Ltd
Incorporated in 1997, Dev Information Technology Ltd is in the business of
providing IT enabled services[1]
- Market Cap ₹ 140 Cr.
- Current Price ₹ 24.9
- High / Low ₹ 48.0 / 22.2
- Stock P/E 25.1
- Book Value ₹ 19.4
- Dividend Yield 0.80 %
- ROCE 3.46 %
- ROE 1.28 %
- Face Value ₹ 2.00
Pros
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 8.18% over last 3 years.
- Earnings include an other income of Rs.97.6 Cr.
- Company has high debtors of 175 days.
- Promoter holding has decreased over last 3 years: -26.0%
* 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 46 | 47 | 64 | 70 | 78 | 69 | 85 | 100 | 124 | 164 | 171 | 190 | 191 | |
| 42 | 42 | 57 | 61 | 68 | 64 | 82 | 96 | 117 | 150 | 160 | 186 | 188 | |
| Operating Profit | 3 | 5 | 6 | 9 | 10 | 5 | 3 | 4 | 7 | 14 | 10 | 3 | 3 |
| OPM % | 7% | 10% | 10% | 12% | 12% | 7% | 3.1% | 3.6% | 6% | 8% | 6% | 1.7% | 1.6% |
| 0 | 1 | 0 | 0 | 1 | 2 | 1 | 1 | 7 | 2 | 13 | 98 | 98 | |
| Interest | 1 | 1 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 3 |
| Depreciation | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 3 | 3 | 3 |
| Profit before tax | 2 | 3 | 4 | 6 | 7 | 4 | 0 | 2 | 11 | 12 | 18 | 95 | 95 |
| Tax % | 28% | 36% | 33% | 28% | 35% | -1% | 860% | 104% | 20% | 24% | 18% | 20% | |
| 1 | 2 | 3 | 4 | 4 | 4 | -0 | -0 | 9 | 9 | 15 | 76 | 76 | |
| EPS in Rs | 2.44 | 3.96 | 0.74 | 0.69 | 0.79 | 0.67 | -0.06 | 0.02 | 1.62 | 1.65 | 2.64 | 13.44 | 13.44 |
| Dividend Payout % | 8% | 6% | 7% | 7% | 6% | 7% | 0% | 425% | 6% | 6% | 4% | 1% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 17% |
| 3 Years: | 15% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -6% |
| 5 Years: | 19% |
| 3 Years: | -37% |
| TTM: | -58% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | -21% |
| 1 Year: | -43% |
| Return on Equity | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 8% |
| 3 Years: | 8% |
| Last Year: | 1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.50 | 0.50 | 4 | 6 | 6 | 6 | 6 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 8 | 10 | 12 | 20 | 24 | 28 | 27 | 22 | 30 | 44 | 57 | 98 |
| 8 | 8 | 8 | 9 | 11 | 11 | 11 | 10 | 7 | 15 | 20 | 31 | |
| 10 | 12 | 19 | 19 | 15 | 14 | 18 | 24 | 19 | 25 | 34 | 49 | |
| Total Liabilities | 27 | 31 | 43 | 54 | 56 | 58 | 62 | 66 | 68 | 95 | 122 | 189 |
| 4 | 4 | 9 | 9 | 14 | 12 | 10 | 10 | 14 | 22 | 23 | 27 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 3 | 4 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 5 | 4 | 3 | 3 | 3 | 4 | 48 |
| 22 | 27 | 34 | 45 | 42 | 41 | 47 | 53 | 49 | 67 | 92 | 114 | |
| Total Assets | 27 | 31 | 43 | 54 | 56 | 58 | 62 | 66 | 68 | 95 | 122 | 189 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 2 | 6 | -3 | 7 | 5 | 6 | 6 | -2 | -1 | -9 | -2 | |
| -0 | -0 | -6 | -1 | -7 | -7 | -0 | -2 | -1 | -2 | 9 | -1 | |
| -0 | -1 | -1 | 6 | 0 | 1 | -1 | -3 | -4 | 4 | -2 | 7 | |
| Net Cash Flow | 0 | 0 | -1 | 2 | 0 | -2 | 4 | 1 | -7 | 1 | -2 | 4 |
| Free Cash Flow | 0 | 1 | 0 | -4 | -0 | 2 | 5 | 4 | -7 | -3 | -13 | -5 |
| CFO/OP | 23% | 53% | 94% | -32% | 74% | 135% | 125% | 227% | -18% | 15% | -46% | 73% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 114 | 127 | 117 | 138 | 92 | 115 | 94 | 114 | 103 | 114 | 159 | 175 |
| Inventory Days | 16 | 48 | 46 | 65 | 64 | 83 | 75 | 39 | 30 | 75 | 28 | |
| Days Payable | 98 | 142 | 169 | 167 | 131 | 136 | 117 | 146 | 74 | 122 | 113 | |
| Cash Conversion Cycle | 31 | 32 | -7 | 36 | 25 | 63 | 53 | 6 | 59 | 68 | 159 | 90 |
| Working Capital Days | 62 | 33 | 20 | 57 | 51 | 53 | 24 | 22 | 55 | 62 | 82 | 80 |
| ROCE % | 19% | 26% | 29% | 24% | 22% | 8% | 3% | 7% | 15% | 23% | 11% | 3% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| DEVX Capacity Utilization % ・Standalone data |
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| DEVX Occupied Seats Number ・Standalone data |
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| DEVX Total Seats (Capacity) Number ・Standalone data |
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| Total Employees Number |
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| International Revenue Share % |
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| Order Book INR Crores |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
- DEV IT won ₹5.15 crore NICSI order for Rajasthan IFMS 3.0 apps, to execute in six months.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
- DEVIT secures ₹5.15 crore NICSI order for Rajasthan IFMS 3.0 web and mobile apps, executed in 6 months.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
- DEV IT reports Q1 FY27 consolidated income of ₹44.64 Cr and net profit of ₹2.11 Cr.
- Announcement under Regulation 30 (LODR)-Newspaper Publication
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Financial Result On Quarter Ended On June 30, 2026
- Board approved Q1 FY27 standalone and consolidated results on Aug 13, 2026; consolidated revenue ₹44.13 crore.
Annual reports
Concalls
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Jun 2026TranscriptPPT
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Nov 2025TranscriptPPTREC
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Aug 2025TranscriptAI SummaryPPT
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Jun 2025Transcript PPT
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Feb 2025TranscriptPPT
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Dec 2024TranscriptAI SummaryPPT
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Nov 2024Transcript PPT
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Aug 2024TranscriptPPT
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Nov 2022TranscriptAI SummaryPPT
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Nov 2022TranscriptAI SummaryPPT
Business Overview:[1]
DEV IT is a Technology Solutions Provider which delivers Digital Transformation leveraging Cloud, Automation and Data technologies