DEV Info Technology Ltd
NSE: DEVIT · IT Enabled Services · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 91 companies in IT Enabled Services (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹6 cr vs borrowings ₹29 cr (FY26): borrowings are higher by ₹23 cr.
- Borrowings rose in each of the last 3 years (₹7 cr → ₹29 cr).
- Operating profit covered interest 33.2x in the last 12 months.
- No promoter shares are pledged.
- Promoter holding fell by 25.51 percentage points in a year, to 41.12% (2026-09-30).
- Operating cash flow was below net profit in 4 of the last 5 years (FY26, FY25, FY24, FY23).
- Net loss in 1 of the last 8 quarters.
- Revenue was higher than a year earlier in 3 of the last 4 quarters.
- Other income was 5% of net profit in the last 12 months.
- Debtor days went from 114 (FY24) to 175 (FY26).
- Dividend paid in 4 of the last 5 financial years.
- Price ₹17.54 on 2026-10-26: -60.1% from the 52-week high, 0.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 36 | 48 | 52 | 43 | 49 | 44 | 54 | 44 |
| EBITDA | -1 | 3 | 3 | 4 | 97 | -6 | 3 | 3 |
| OPM % | -3.0% | 6.3% | 5.4% | 8.3% | 199.3% | -14.4% | 5.4% | 7.9% |
| Other income | 12 | 0 | 0 | 0 | 1 | 1 | 2 | 1 |
| Net profit | 8 | 2 | 1 | 2 | 72 | -7 | 9 | 2 |
| EPS (₹) | 1.50 | 0.31 | 0.22 | 0.38 | 12.75 | -1.30 | 1.59 | 0.37 |
| Revenue YoY | +35.0% | -7.5% | +4.5% | +2.7% | ||||
| Profit YoY | +756.4% | -520.2% | +645.1% | -1.9% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 100 | 124 | 164 | 171 | 190 | 191 |
| EBITDA | 5 | 7 | 14 | 10 | 97 | 97 |
| Net profit | -0 | 9 | 9 | 15 | 76 | 76 |
| EPS (₹) | -0.01 | 1.63 | 1.68 | 2.64 | 13.42 | 13.41 |
| Revenue growth | +24.4% | +31.7% | +4.3% | +11.0% | +7.0% | |
| Profit growth | – | +3.6% | +60.1% | +409.6% | +463.3% | |
| Dividend / share (₹) | – | 0.50 | 0.25 | 0.50 | 0.10 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +15.1% | – | +7.0% |
| Net profit | +103.6% | – | +463.3% |
| EPS | +101.8% | – | – |
| Share price | – | -41.5% (2y) | -55.2% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 42 | 55 | 69 | 109 |
| Borrowings | – | 7 | 13 | 18 | 29 |
| Cash & equivalents | – | 5 | 12 | 2 | 6 |
| Total assets | – | 68 | 95 | 122 | 189 |
| Fixed assets | – | 8 | 12 | 12 | 12 |
| Capital work in progress | – | 1 | – | – | – |
| Investments | – | 3 | 3 | 4 | 48 |
| Receivables | – | 35 | 51 | 75 | 91 |
| Inventory | – | 5 | 0 | 7 | 6 |
| Payables | – | 12 | 10 | 19 | 26 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 5 | -2 | -1 | -9 | -2 |
| Cash from investing | -1 | -1 | -2 | 9 | -1 |
| Cash from financing | -3 | -4 | 4 | -2 | 7 |
| Capex | 2 | 1 | 2 | 5 | 14 |
| Free cash flow | 3 | -3 | -3 | -13 | -16 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 21.6% | 16.7% | 21.7% | 69.3% |
| ROCE % | – | 25.9% | 20.4% | 23.8% | 70.4% |
| Debtor days | – | 103 | 114 | 159 | 175 |
| Inventory days | – | 30 | 0 | 40 | 28 |
| Payable days | – | 74 | 53 | 106 | 113 |
| Cash conversion cycle (days) | – | 59 | 61 | 93 | 90 |
| Working capital days | – | 70 | 76 | 86 | 92 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 41.12% |
| FIIs | 0.27% |
| Public (non-institutions) | 58.61% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 66.63% | 66.63% | 66.63% | 66.63% | 66.63% | 41.58% | 41.58% | 41.12% |
| Promoter group | % |
|---|---|
| Pranav Niranjan Pandya Huf . | 7.37% |
| Amisha Jaimin Shah | 5.77% |
| Jaimin Jagdishbhai Shah | 5.45% |
| Kruti Pranav Pandya | 4.83% |
| Lt1 Inc | 3.72% |
| Sapna Vishal Vasu | 3.03% |
| Vishal Vasu | 2.63% |
| Prerak Pradyumna Shah | 2.41% |
| Aarti Prerak Shah | 2.25% |
| Jaimin Jagdishbhai Shah Huf . | 1.45% |
| Vishal Vasu Huf | 1.32% |
| Pranav Niranjan Pandya | 0.45% |
| Jayshreeben Jagdishbhai Shah | 0.21% |
| Rakhi Jagadishbhai Shah | 0.20% |
| Meeta Hemant Shah | 0.04% |
| Public holders above 1% | % |
|---|---|
| Xduce Technologies Private Limited | 23.69% |
| Pravinaben Shah | 1.32% |
28,081 shareholders. Pledged: 0.00% of promoter shares.
Peers in IT Enabled Services
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| LTTS | ₹42,777 cr | 27.8x | 6.0x | 23.2% | 26.8% | 17.8% | +11.1% | 1.39% |
| IKS | ₹28,359 cr | 36.4x | 10.1x | 33.3% | 30.2% | 34.3% | – | – |
| TATATECH | ₹27,242 cr | 48.4x | 7.1x | 15.2% | 18.1% | 13.9% | – | 1.75% |
| NETWEB | ₹24,404 cr | 93.4x | 33.7x | 41.6% | 37.4% | 13.3% | – | 0.05% |
| SAGILITY | ₹20,823 cr | 21.0x | 2.1x | 11.0% | 13.1% | 23.6% | – | 0.11% |
| AFFLE | ₹18,518 cr | 38.7x | 5.1x | 14.5% | 16.1% | 22.5% | +23.6% | – |
| BBOX | ₹14,137 cr | 60.6x | 11.0x | 22.1% | 20.2% | 8.2% | +0.2% | 0.12% |
| CYIENT | ₹13,821 cr | 36.3x | 2.4x | 6.9% | 11.6% | 11.2% | +6.5% | 2.38% |
| ESDS | ₹12,988 cr | – | – | – | – | – | – | – |
| DEVIT | ₹99 cr | 1.3x | 0.9x | 85.1% | 70.6% | 50.7% | +15.1% | 0.57% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-23 | Dividend | Dividend - Re 0.10 Per Share |
| 2025-09-23 | Dividend | Dividend - Re 0.10 Per Share |
| 2025-08-21 | Split | Face Value Split (Sub-Division) - From Rs 5/- Per Share To Rs 2/- Per Share |
| 2024-11-26 | Dividend | Interim Dividend - Rs 0.25 Per Share |
| 2024-09-23 | Dividend | Annual General Meeting/Dividend - Re 0.25 Per Share |
| 2023-09-22 | Dividend | Annual General Meeting/Dividend - Re 0.25 Per Share |
| 2022-11-25 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 5/- Per Share |
| 2022-09-22 | Dividend | Annual General Meeting/Dividend - Re 0.50 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Information Technology |
| Industry | IT Enabled Services |
| Sub-industry | IT Enabled Services |
| Symbol | DEVIT |
| BSE code | 543462 |
| ISIN | INE060X01034 |
| Face value | ₹2.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.