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    Information technology services
Dev Information Technology Ltd

Dev Information Technology Ltd

18.72
INR
-0.12
(-0.64%)
13.26EPS
2.12P/E
1.61BMarket Cap
Dev Information Technology Ltd
NSE:DEVIT
(National Stock Exchange of India)

Recent

price

18.72

P/E

ratio

2.12

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
10.67
14.17
11.13
11.88
11.54
12.67
13.7
12.39
15.28
18.07
22.48
29.48
30.24
33.34
33.86
Revenue per Share
0.15
0.28
0.32
0.52
0.54
0.7
0.79
0.67
-0.06
0.02
1.62
1.68
2.64
13.45
13.45
Basic EPS, GAAP
-0.12
0.56
0.06
0.34
0.04
-0.73
-0.1
0.34
0.92
0.77
-1.34
-0.5
-2.39
-2.92
- -
Free Cash Flow per Basic Share
0.01
0.01
0.02
0.03
0.03
0.06
0.06
0.06
0.05
0.05
0.1
0.1
0.2
0.1
- -
Dividend per Share
1.24
1.43
1.63
1.97
2.93
4.7
5.41
6.03
5.96
5.94
7.51
9.86
12.18
19.4
- -
Book Value per Share
1.24
1.43
1.63
1.97
2.22
4.12
4.98
5.4
5.69
5.5
6.25
7.73
9.53
16.69
- -
Tangible Book Value per Share
40
40
40
40
55
55
55
55
55
55
55
55
56
56
56
Basic Weighted Avg Shares
425
564
443
473
637
694
757
684
844
997
1,241
1,633
1,701
1,878
1,906
Sales/Revenue/Turnover
3.99
4.19
5.85
8.74
8.9
9.85
8.12
4.75
2.21
4.93
4.85
7.65
4.62
1.31
0.11
Operating Margin (%)
5
5
8
6
8
17
18
20
21
18
12
14
30
33
29
Depreciation Expense
6
11
13
21
30
38
44
37
-3
1
90
93
149
758
757
Net Income, GAAP
51.47
26.82
27.74
39.39
33.07
27.97
35.25
- -
1,470.36
103.61
19.86
24.16
18.25
20.21
20.25
Effective Tax Rate (%)
1.37
1.95
2.86
4.35
4.69
5.52
5.78
5.41
-0.38
0.13
7.23
5.69
8.74
40.34
39.73
Profit Margin (%)
28
45
54
78
87
183
163
150
161
168
239
340
403
477
- -
Working Capital
23
22
22
25
22
12
39
18
14
8
37
55
79
120
- -
LT Debt
69
79
90
109
162
261
301
335
331
328
416
583
688
1,093
- -
Total Equity
- -
8.39
8.21
10.99
13.64
16
13.07
- -
-56.16
-0.32
10.05
15.47
7.67
67.77
- -
Return on Invested Capital (%)
- -
8.19
8.14
16.49
18.64
14.39
13.72
- -
-27.65
0.72
21.24
16.48
20.26
68.15
- -
Return on Capital (%)
- -
14.93
15.05
20.72
22.05
18.16
15.65
11.71
-0.97
0.41
24.15
19.15
23.97
85.16
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
186
- -
LT Borrowings
- -
107
- -
LT Finance Leases
- -
13
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
56
56
56
Market Capitalization
1,816
1,309
1,607

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
1,079
- -
Cash, Cash Equivalents & STI
- -
62
- -
Accounts Receivable, Net
- -
910
- -
Inventories
- -
65
- -
Total Current Liabilities
- -
602
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
186
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
27.8%
28.6%
58.95%
Free Cash Flow
-239.18%
10.43%
22.51%
Net Income, GAAP
689.2%
1,385.73%
409.51%
Sales/Revenue/Turnover
15.52%
17.76%
10.45%
Total Cash Common Dividend
- -
- -
-49.88%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
355
359
477
516
1,701
2026
430
485
441
539
1,878
2027
441
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.62
1.5
0.31
0.22
2.64
2026
0.38
12.75
-1.3
1.59
13.45
2027
0.37
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.2
2026
- -
- -
- -
- -
0.1
2027
- -
- -
- -
- -
- -
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Business
Dev Information Technology Limited (NSE: DEVIT, BSE: 543462), founded in 1997 and headquartered in Ahmedabad, India, provides information technology enabled services with a focus on digital transformation to clients in India, Europe, North America, and internationally. The company offers cloud services including cloud advisory, application modernization, managed cloud services, enterprise DevOps, backup and disaster recovery; digital transformation solutions such as modern workplace, M365 migration services, hybrid and remote work enablement, cybersecurity services, data and analytics, blockchain solutions; enterprise applications encompassing Microsoft Dynamics 365 Finance and Operations, Dynamics 365 CRM, Dynamics 365 Business Central, Microsoft Power Platform; managed IT services like data center support and managed digital workplace; application development covering bespoke software, eGov platforms, mobile app development; infrastructure management services including incident management, problem management, helpdesk, server management, database administration, network and firewall; enterprise resource planning and customer relationship management applications; enterprise mobility services; office 365 planning, licensing and implementation; digital commerce, digital marketing, document digitization; cybersecurity services; digital signatures and SSL certificates; and software product licensing, maintenance, technical support, and resale. Geographically, it operates primarily from India with global delivery capabilities serving government, enterprise, and private sector clients across diverse industries. Recent developments include securing multiple contracts in 2025 such as cybersecurity deals from a USA enterprise in February, a digitization project from GEDA in February, a government contract for IFMS 3.0 implementation in Rajasthan in March, and an order worth Rs 40 lakh from NICSI for Cooperative Management System 2.0 (Raj Sahakar) in September; board approval in October 2025 for issuing up to 1.5 crore convertible warrants worth Rs 68.18 crore to Aeroflex Enterprises Limited at Rs 45.45 each to fund working capital, expansions, investments in emerging technologies like cloud and AI-based solutions, datacenter management, and global scaling; a 5-for-2 stock split with final dividend recommendation in September 2025; and its subsidiary Dev Accelerator (formerly DevX) filing and launching an IPO in September 2025 raising Rs 143.35 crore.