Dev Information Technology Ltd
NSE: DEVIT BSE: 543462IT / Software
Incorporated in 1997, Dev Information Technology Ltd is in the business of providing IT enabled services[1]
₹27.9
52W: ₹22.2 — ₹50.9
PE 0 · Book ₹23 · +21% vs bookMarket Cap₹157 Cr
Stock P/E—Price to Earnings
ROCE26.5%Return on Capital
ROE24.3%Return on Equity
Div. Yield0.72%Face Value ₹2
Strengths
- +Company has delivered good profit growth of 51.1% CAGR over last 5 years
Weaknesses
- −Company has low interest coverage ratio.
- −Promoter holding has decreased over last quarter: -25.0%
- −Earnings include an other income of Rs.93.8 Cr.
- −Company has high debtors of 171 days.
Shareholding Pattern
Promoters41.58%
FIIs0.33%
DIIs0%
Public58.08%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 70.2% | 68.74%▼1.5 | 66.63%▼2.1 | 66.63% | 66.63% | 66.63% | 66.63% | 41.58%▼25.0 |
| FIIs | 0% | 1.45%▲1.4 | 1.48%▲0.0 | 0.45%▼1.0 | 0.33%▼0.1 | 0.33% | 0.33% | 0.33% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 29.8% | 29.82%▲0.0 | 31.88%▲2.1 | 32.93%▲1.1 | 33.03%▲0.1 | 33.03% | 33.03% | 58.08%▲25.0 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 30 | 30.72 | 37.68 | 30.19 | 32.02 | 42.45 | 45.97 | 35.48 | 44.54 | 36.03 |
| Expenses | 27.94 | 28.39 | 32.11 | 25.25 | 32.28 | 39.12 | 44.09 | 32.41 | 41.77 | 41.75 |
| Operating Profit | 2.06 | 2.33 | 5.57 | 4.94 | -0.26 | 3.33 | 1.88 | 3.07 | 2.77 | -5.72 |
| OPM % | 6.87% | 7.58% | 14.78% | 16.36% | -0.81% | 7.84% | 4.09% | 8.65% | 6.22% | -15.88% |
| Net Profit | 1.62 | 1.65 | 3.82 | 3.31 | 9.14 | 2.09 | 0.87 | 1.75 | 70.69 | -6.47 |
| EPS ₹ | 0.29 | 0.3 | 0.68 | 0.59 | 1.63 | 0.37 | 0.15 | 0.31 | 12.55 | -1.15 |
AI Insights
Revenue Trend
TTM revenue at ₹162Cr, up 7.3% YoY. OPM at 1%.
Debt Position
Borrowings at ₹19Cr. Debt-to-equity ratio: 0.16x. Healthy balance sheet.
Institutional Flow
DIIs: 0% (+0.00pp change). FIIs: 0.33% (+0.33pp change). Promoters hold 41.58%.
Margin & Efficiency
ROCE improving from 20% (Mar 2014) to 26% (Mar 2025). Working capital days: 94.
Recent Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 29 Apr - Company confirms it is not a Large Corporate under SEBI circular; outstanding borrowing was Rs. 5.58 crore.
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 23 Apr - DEV IT achieved all six Microsoft Solutions Partner Designations with Dhyey Consulting Services.
- Intimation Regarding 'DEV IT Achieves All Six Microsoft Solutions Partner Designations, Entering Elite Tier Of Global Partners' Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015 22 Apr - On 22 Apr 2026, DEV IT achieved all six Microsoft Solutions Partner designations.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 14 Apr - Regulation 74(5) demat certificate filed for quarter ended 31 March 2026.
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 10 Apr - Secures ₹26 crore NICSI mandate for National Pharmacists Registration Tracking System over three years.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse