Dev Information Technology Ltd
Incorporated in 1997, Dev Information Technology Ltd is in the business of
providing IT enabled services[1]
- Market Cap ₹ 280 Cr.
- Current Price ₹ 126
- High / Low ₹ 175 / 90.4
- Stock P/E 33.0
- Book Value ₹ 20.2
- Dividend Yield 0.21 %
- ROCE 15.2 %
- ROE 12.5 %
- Face Value ₹ 5.00
Pros
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 144%
- Promoter holding has increased by 3.83% over last quarter.
Cons
- Stock is trading at 5.97 times its book value
- Company has a low return on equity of 1.28% over last 3 years.
* 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
Sector: IT - Software Industry: Computers - Software - Medium / Small
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
43 | 57 | 46 | 47 | 64 | 70 | 78 | 69 | 85 | 100 | 124 | 164 | |
41 | 54 | 42 | 42 | 57 | 61 | 68 | 64 | 82 | 96 | 117 | 152 | |
Operating Profit | 2 | 3 | 3 | 5 | 6 | 9 | 10 | 5 | 3 | 4 | 7 | 12 |
OPM % | 5% | 5% | 7% | 10% | 10% | 12% | 12% | 7% | 3% | 4% | 6% | 8% |
0 | 0 | 0 | 1 | 0 | 0 | 1 | 2 | 1 | 1 | 7 | 1 | |
Interest | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 |
Depreciation | 0 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 1 | 1 |
Profit before tax | 1 | 2 | 2 | 3 | 4 | 6 | 7 | 4 | 0 | 2 | 11 | 11 |
Tax % | 51% | 27% | 28% | 36% | 33% | 28% | 35% | -1% | 860% | 104% | 20% | |
1 | 1 | 1 | 2 | 3 | 4 | 4 | 4 | -0 | -0 | 9 | 9 | |
EPS in Rs | 2.90 | 5.50 | 6.35 | 10.30 | 1.85 | 1.74 | 1.99 | 1.68 | -0.15 | 0.06 | 4.06 | 3.83 |
Dividend Payout % | 9% | 7% | 8% | 6% | 7% | 7% | 6% | 7% | 0% | 425% | 6% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | 12% |
3 Years: | 22% |
TTM: | 47% |
Compounded Profit Growth | |
---|---|
10 Years: | 24% |
5 Years: | 4% |
3 Years: | 27% |
TTM: | 54% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 40% |
3 Years: | 62% |
1 Year: | 24% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 5% |
3 Years: | 1% |
Last Year: | 12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0 | 0 | 0 | 0 | 4 | 6 | 6 | 6 | 6 | 11 | 11 | 11 |
Reserves | 6 | 7 | 8 | 10 | 12 | 20 | 24 | 28 | 27 | 22 | 30 | 34 |
5 | 6 | 8 | 8 | 8 | 9 | 11 | 11 | 11 | 10 | 7 | 10 | |
12 | 23 | 10 | 12 | 19 | 19 | 15 | 14 | 18 | 24 | 19 | 12 | |
Total Liabilities | 25 | 38 | 27 | 31 | 43 | 54 | 56 | 58 | 62 | 66 | 68 | 66 |
5 | 5 | 4 | 4 | 9 | 9 | 14 | 12 | 10 | 10 | 14 | 14 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 4 | 3 | 3 | 3 |
19 | 33 | 22 | 27 | 34 | 45 | 42 | 41 | 47 | 53 | 49 | 48 | |
Total Assets | 25 | 38 | 27 | 31 | 43 | 54 | 56 | 58 | 62 | 66 | 68 | 66 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
-0 | 3 | 1 | 2 | 6 | -3 | 7 | 5 | 6 | 6 | -2 | |
-0 | -0 | -0 | -0 | -6 | -1 | -7 | -7 | -0 | -2 | -1 | |
-1 | -0 | -0 | -1 | -1 | 6 | 0 | 1 | -1 | -3 | -4 | |
Net Cash Flow | -1 | 2 | 0 | 0 | -1 | 2 | 0 | -2 | 4 | 1 | -7 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 79 | 140 | 114 | 127 | 117 | 138 | 92 | 115 | 94 | 114 | 103 |
Inventory Days | 70 | 36 | 16 | 48 | 46 | 65 | 64 | 83 | 75 | 39 | 30 |
Days Payable | 104 | 185 | 98 | 142 | 169 | 167 | 131 | 136 | 117 | 146 | 74 |
Cash Conversion Cycle | 45 | -9 | 31 | 32 | -7 | 36 | 25 | 63 | 53 | 6 | 59 |
Working Capital Days | 41 | 34 | 62 | 65 | 46 | 96 | 82 | 98 | 65 | 55 | 66 |
ROCE % | 20% | 19% | 26% | 29% | 24% | 22% | 8% | 3% | 7% | 15% |
Documents
Announcements
- Certifying The Compliance With The Activities Mentioned In The Regulation 7(2) Of The Above The Regulations For The Year Ended On March 31, 2024 2d
- Closure of Trading Window 29 Mar
- Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 27 Mar
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 26 Mar
-
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
14 Mar - Allotment of 56422 equity shares under DEVIT ESOP -2018
Business Overview:[1]
DEV IT is a Technology Solutions Provider which delivers Digital Transformation leveraging Cloud, Automation and Data technologies