DEV Accelerator Limited
NSE: DEVX · Diversified Commercial Services · sector
₹39.14NSE close 2026-10-26
Key numbers
Market cap₹291 cr
Price₹39.14
52w high / low₹50 / ₹30
P/E31.3xSector median 13.0x
P/B1.6xSector median 1.6x
Book value₹25.0
Dividend yield–Sector median 1.73%
ROE5.5%Sector median 3.4%
ROCE18.9%Sector median 8.1%
OPM50.6%Sector median 15.0%
Debt / equity0.78xSector median 0.07x
EV/EBITDA3.4xSector median 7.9x
Interest cover1.4x
Current ratio1.26x
Sales growth 3y–Sector median +12.9%
Profit growth 3y–Sector median +19.1%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 95 companies in Diversified Commercial Services (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹55 cr vs borrowings ₹145 cr (FY26): borrowings are higher by ₹89 cr.
- Operating profit covered interest 1.4x in the last 12 months.
- Promoter holding fell by 1.72 percentage points in a year, to 35.09% (2026-09-30).
- Net loss in 1 of the last 5 quarters.
- Other income was 110% of net profit in the last 12 months.
- No dividend in the last 1 financial years.
- Price ₹39.14 on 2026-10-26: -22.2% from the 52-week high, +30.7% 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
Weekly close · high ₹60.84 · low ₹33.01
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|
| Revenue | 56 | 52 | 59 | 59 | 54 |
| EBITDA | 26 | 26 | 25 | 31 | 30 |
| OPM % | 47.4% | 51.1% | 42.7% | 53.0% | 56.3% |
| Other income | 1 | 3 | 2 | 4 | 3 |
| Net profit | 0 | 2 | -1 | 8 | 1 |
| EPS (₹) | 0.02 | 0.26 | -0.15 | 0.98 | 0.16 |
| Revenue YoY | -3.3% | ||||
| Profit YoY | +1,038.5% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY26 | TTM |
|---|---|---|
| Revenue | 226 | 224 |
| EBITDA | 109 | 113 |
| Net profit | 9 | 10 |
| EPS (₹) | 1.11 | 1.25 |
| Dividend / share (₹) | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | – (2y) | -10.2% |
Balance sheet
| ₹ cr | FY26 |
|---|---|
| Shareholders' equity | 186 |
| Borrowings | 145 |
| Cash & equivalents | 55 |
| Total assets | 644 |
| Fixed assets | 65 |
| Capital work in progress | 70 |
| Investments | 39 |
| Receivables | 27 |
| Inventory | 0 |
| Payables | 37 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY26 |
|---|---|
| Cash from operations | 90 |
| Cash from investing | -121 |
| Cash from financing | 49 |
| Capex | 103 |
| Free cash flow | -14 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY26 |
|---|---|
| ROE % | 4.7% |
| ROCE % | 18.2% |
| Debtor days | 44 |
| Inventory days | 0 |
| Payable days | 206 |
| Cash conversion cycle (days) | -162 |
| Working capital days | 67 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 35.09% |
| FIIs | 1.46% |
| DIIs | 2.05% |
| of which Insurance | 0.41% |
| Public (non-institutions) | 61.41% |
| Quarter | Sep 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|
| Promoters % | 36.81% | 36.81% | 36.81% | 36.81% | 35.09% | 35.09% | 35.09% |
| Promoter group | % |
|---|---|
| DEV Information Technology Limited | 15.43% |
| Umesh Satishkumar Uttamchandani | 6.55% |
| Rushit S Shah | 6.55% |
| Parth N Shah | 6.55% |
| Jaimin Jagdishbhai Shah | 0.00% |
| Pranav Niranjan Pandya | 0.00% |
| Amisha Jaimin Shah | 0.00% |
| Kruti Pranav Pandya | 0.00% |
| Neha Uttamchandani | 0.00% |
| Ashaben S Uttamchandani | 0.00% |
| Trisha Uttamchandani | 0.00% |
| Himanshu Uttamchandani | 0.00% |
| Ravi Uttamchandani | 0.00% |
| Prakash Relumal Atlani | 0.00% |
| Rekhaben Prkashbhai Atlani | 0.00% |
| Public holders above 1% | % |
|---|---|
| Parashwanath Land Organisers LLP | 7.17% |
| Kalpesh Harakhchand Gala | 4.76% |
| Infibeam Projects Management Private Limited | 4.70% |
| Unmaj Corporation LLP | 4.15% |
| Parbhudas Kishordas Tobacco Products Private Limited | 2.99% |
| Amit Ranchhodlal Chokshi | 2.16% |
| Ajay Surendrabhai Patel | 1.98% |
| Chhatisgarh Investments Limited | 1.87% |
| Tipsons Consultancy Services PVT Ltd | 1.47% |
| J P Tobacco Products Private Limited | 1.26% |
| Raghunandana Tangirala | 1.07% |
| L7 Hitech Private Limited | 1.05% |
| Tycho Ventures | 1.01% |
18,236 shareholders. Pledged: – of promoter shares.
Peers in Diversified Commercial Services
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| IGIL | ₹16,651 cr | 25.0x | 9.5x | 44.5% | 51.7% | 61.5% | – | 1.93% |
| WEWORK | ₹8,640 cr | 99.1x | 29.0x | 28.3% | 111.2% | 64.6% | – | – |
| IBULLSLTD | ₹6,919 cr | – | 1.1x | -0.4% | – | – | +918.1% | – |
| NESCO | ₹6,699 cr | 16.1x | 2.2x | 14.8% | 18.3% | 50.8% | +19.5% | 0.69% |
| NIRLON | ₹5,679 cr | 15.9x | 12.1x | 86.5% | 29.8% | 77.5% | +5.3% | 4.12% |
| RENTOMOJO | ₹5,292 cr | – | – | – | – | – | – | – |
| LEAPIND | ₹5,209 cr | – | – | – | – | – | – | – |
| SMARTWORKS | ₹5,085 cr | 182.4x | 9.6x | 5.2% | 56.6% | 64.2% | – | – |
| QUESS | ₹4,827 cr | 19.1x | 4.1x | 22.4% | 27.2% | 2.0% | -3.7% | – |
| DEVX | ₹291 cr | 31.3x | 1.6x | 5.5% | 18.9% | 50.6% | – | – |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Services |
| Industry | Diversified Commercial Services |
| Sub-industry | Diversified Commercial Services |
| Symbol | DEVX |
| BSE code | 544513 |
| ISIN | INE0VOV01021 |
| 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.