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Dev Information Tech Overview

Dev Information Technology Ltd is a dynamic and innovative technology company that specializes in providing cutting-edge IT solutions to clients across various industries. With a strong focus on delivering excellence, Dev IT offers a wide range of services, including software development, application integration, cloud computing, cybersecurity, and IT consulting. The company leverages its expertise in emerging technologies such as artificial intelligence, machine learning, and blockchain to help businesses optimize their operations, improve eff...Read More

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Dev Information Tech Key Financials

Market Cap ₹176 Cr.

Stock P/E 11.9

P/B 1.4

Current Price ₹31.1

Book Value ₹ 21.5

Face Value 2

52W High ₹50.8

Dividend Yield 0.32%

52W Low ₹ 22.4

Dev Information Tech Share Price

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Volume
Price

Dev Information Tech Quarterly Price

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Dev Information Tech Peer Comparison

Dev Information Tech Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 28 32 43 35 36 48 52 43 49 44
Other Income 1 0 1 0 12 0 0 0 1 1
Total Income 29 32 44 36 48 48 52 43 49 45
Total Expenditure 26 29 37 30 37 45 49 39 45 51
Operating Profit 3 3 7 6 11 3 3 4 4 -6
Interest 0 0 0 1 1 1 1 1 1 1
Depreciation 0 0 0 1 1 1 1 1 1 1
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 94 0
Profit Before Tax 2 2 6 5 9 2 2 3 96 -7
Provision for Tax 0 0 2 1 1 0 0 1 24 0
Profit After Tax 2 2 4 4 8 2 1 2 72 -7
Adjustments -0 -0 -0 -0 0 -0 0 -0 -0 0
Profit After Adjustments 2 2 4 4 8 2 1 2 72 -7
Adjusted Earnings Per Share 0.3 0.3 0.7 0.6 1.5 0.3 0.2 0.4 12.8 -1.3

Dev Information Tech Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 46 47 64 70 76 69 85 100 124 164 171 188
Other Income 0 1 1 0 0 1 1 1 7 2 13 2
Total Income 46 48 64 70 76 69 86 101 131 165 184 189
Total Expenditure 42 43 58 61 68 64 82 95 117 150 160 184
Operating Profit 4 5 7 9 8 6 3 6 14 15 24 5
Interest 1 1 2 2 2 1 1 1 1 1 3 4
Depreciation 1 1 1 2 2 2 2 2 1 1 3 4
Exceptional Income / Expenses 0 0 0 0 2 2 0 0 0 0 0 94
Profit Before Tax 2 3 4 6 7 4 0 2 11 12 18 94
Provision for Tax 0 1 1 2 2 -0 0 2 2 3 3 25
Profit After Tax 1 2 3 4 4 4 -0 -0 9 9 15 68
Adjustments -0 0 0 -0 -0 -0 0 0 -0 -0 0 0
Profit After Adjustments 1 2 3 4 4 4 -0 0 9 9 15 68
Adjusted Earnings Per Share 0.3 0.5 0.7 0.7 0.8 0.7 -0 0 1.6 1.7 2.6 12.1

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 4% 20% 20% 14%
Operating Profit CAGR 60% 59% 32% 20%
PAT CAGR 67% 0% 30% 31%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -24% -7% 23% NA%
ROE Average 24% 23% 13% 16%
ROCE Average 27% 26% 17% 20%

Dev Information Tech Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 9 11 16 26 30 33 33 33 42 55 69
Minority's Interest 0 0 0 0 0 0 0 -0 0 3 0
Borrowings 2 3 2 1 4 2 1 1 4 4 7
Other Non-Current Liabilities 0 0 1 0 1 1 0 1 0 2 2
Total Current Liabilities 15 17 24 26 22 22 27 32 22 31 44
Total Liabilities 27 31 43 54 56 58 62 66 68 95 122
Fixed Assets 4 4 9 9 14 12 10 10 14 22 23
Other Non-Current Assets 2 2 1 1 4 8 8 7 7 8 14
Total Current Assets 21 25 33 45 38 39 44 49 46 65 85
Total Assets 27 31 43 54 56 58 62 66 68 95 122

Dev Information Tech Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 3 3 4 3 5 5 4 8 9 2 3
Cash Flow from Operating Activities 1 2 6 -3 7 5 6 6 -2 -1 -9
Cash Flow from Investing Activities -0 -0 -6 -1 -7 -7 -0 -2 -1 -2 9
Cash Flow from Financing Activities -0 -1 -1 6 0 1 -1 -3 -4 4 -2
Net Cash Inflow / Outflow 0 0 -1 2 0 -2 4 1 -7 1 -1
Closing Cash & Cash Equivalent 3 4 3 5 5 4 8 9 2 3 2

Dev Information Tech Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.34 0.55 0.74 0.69 0.79 0.67 -0.03 0.02 1.62 1.65 2.64
CEPS(Rs) 0.55 0.7 0.93 1.03 1.12 1.06 0.32 0.32 1.86 1.93 3.16
DPS(Rs) 0.03 0.03 0.05 0.05 0.05 0.05 0.05 0.1 0.1 0.1 0.1
Book NAV/Share(Rs) 2.4 2.9 4.02 4.7 5.41 6.03 5.03 5.93 7.49 9.82 12.17
Core EBITDA Margin(%) 7.14 9.73 9.91 12.33 10.34 6.98 2.74 4.82 5.46 8.42 6.14
EBIT Margin(%) 6.41 9.86 9.52 10.33 10.95 7.56 1.32 2.91 10.18 8.5 12.12
Pre Tax Margin(%) 3.87 6.76 6.98 7.91 8.92 5.51 0.06 1.97 9.07 7.64 10.59
PAT Margin (%) 2.8 4.35 4.67 5.7 5.78 5.53 -0.44 -0.07 7.27 5.79 8.66
Cash Profit Margin (%) 4.51 5.54 5.85 8.21 8.13 8.5 2.07 1.75 8.27 6.65 10.44
ROA(%) 3.95 7.12 8.03 8.12 7.93 6.64 -0.63 -0.11 13.44 11.62 13.63
ROE(%) 15.1 20.72 22.05 18.81 15.69 12.01 -1.23 -0.23 24.34 19.62 23.89
ROCE(%) 18.81 26.49 28.62 24.25 21.78 12.18 2.55 6.74 27.77 23.77 26.64
Receivable days 145.19 117.2 104.24 122.23 110.57 109.81 93.76 96.78 97.13 96.28 134.54
Inventory Days 21.24 17.51 22.73 29.29 29.46 30.31 30.84 24.29 14.2 12.63 14.59
Payable days 186.07 125.23 134.24 168.01 147.45 135.67 99.01 128.08 90.38 58.11 81.15
PER(x) 0 0 0 10.74 12.35 9.85 0 1482.21 23.49 24.56 16.82
Price/Book(x) 0 0 0 1.58 1.81 1.09 2.23 4.39 5.09 4.13 3.65
Dividend Yield(%) 0 0 0 0.67 0.51 0.76 0.45 0.38 0.26 0.25 0.23
EV/Net Sales(x) 0.11 0.1 0.11 0.62 0.76 0.6 0.73 1.43 1.72 1.44 1.56
EV/Core EBITDA(x) 1.33 0.87 0.99 4.82 6.92 7.25 19.1 24.11 15.33 15.34 11.24
Net Sales Growth(%) -20.59 3.96 35.12 8.86 8.96 -9.6 23.48 17.94 24.38 31.75 4.33
EBIT Growth(%) 12.68 60.04 30.46 18.09 15.5 -37.59 -78.36 158.78 335.71 10.02 48.66
PAT Growth(%) 14.34 61.76 45 32.71 10.54 -13.4 -109.92 81.15 0 5.04 55.97
EPS Growth(%) 15.3 62.4 34.84 -6.37 14.2 -15.36 -105.04 151.88 9159.94 1.76 59.78
Debt/Equity(x) 0.86 0.7 0.49 0.36 0.37 0.33 0.39 0.29 0.17 0.23 0.27
Current Ratio(x) 1.35 1.45 1.36 1.69 1.75 1.73 1.61 1.52 2.07 2.1 1.91
Quick Ratio(x) 1.28 1.26 1.17 1.44 1.49 1.47 1.3 1.37 1.85 1.89 1.74
Interest Cover(x) 2.53 3.18 3.74 4.26 5.4 3.68 1.05 3.1 9.11 9.81 7.95
Total Debt/Mcap(x) 0 0 0 0.23 0.21 0.3 0.18 0.07 0.03 0.06 0.07

Dev Information Tech Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 71.31 70.2 70.2 68.73 66.63 66.63 66.63 66.63 66.63 41.58
FII 0 0 0 1.45 1.49 0.45 0.33 0.33 0.33 0.33
DII 0 0 0 0 0 0 0 0 0 0
Public 28.69 29.8 29.8 29.82 31.89 32.92 33.04 33.04 33.04 58.09
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Dev Information Tech News

Dev Information Tech Pros & Cons

Pros

  • Company has delivered good profit growth of 30% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 23%
  • Company is almost debt free.

Cons

  • Promoter holding is low: 41.58%.
  • Debtor days have increased from 58.11 to 81.15days.
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