🇮🇳 India Stock Screener ← Switch market ⚡ HerAI

Dev Information Technology Limited DEVIT NSETECHAI

Technology · Information Technology Services · India
https://www.devitpl.com
Company Profile ↓
₹18.72
-57.07% 1Y
Mkt Cap₹106.68 Cr
P/E1.41
P/B1.01
Div. Yield0.50%
52W High₹48.30
52W Low₹18.72
Book Value₹19.13
EPS (TTM)₹13.24

Company Overview

Dev Information Technology Limited provides information technology enabled services in India, Europe, and internationally. The company offers AI agent development, generative AI solutions, enterprise AI and automation, and AI governance services; cloud advisory and strategy, application modernization, managed cloud operations, and backup and disaster recovery services; data and analytics, modern workplace solutions, blockchain and Web3 solutions, and M365 migration services; data center support, managed digital workplace services, and cybersecurity services; custom software development, e-governance platforms, and mobile application development; and Microsoft D365 Finance and Operations, Microsoft D365 CRM, and business central. It also provides Talligence, a distinct AI-powered Tally BI tool for insights; and ByteSIGNER, a PDF document signing software. The company has a strategic alliance with Xduce Corporation. It serves information technology, financial and fintech services, real estate, construction and infrastructure, manufacturing, industrial and engineering, healthcare, pharmaceuticals and life sciences, retail, FMCG and consumer goods, education and learning, energy, utilities and sustainability, legal, audit and compliance, and travel, transport and logistics industries. Dev Information Technology Limited was incorporated in 1997 and is based in Ahmedabad, India.

Why Investors Should Care

Strong Return on Equity

Generates a return on equity of 69.3%, reflecting efficient use of shareholder capital.

Healthy Capital Returns

Return on capital employed stands at 75.8%.

Consistent Profit Growth

Net profit has compounded at 103.6% per year over the last five years.

Steady Revenue Expansion

Revenue has grown at a 15.1% CAGR over the past five years.

Reasonable Valuation

Trades at a P/E of 1.4, below the sector median of 24.3.

Healthy Margins

Maintains a net profit margin of 39.7%.

Recent Developments

  • Mar 2026 Revenue of ₹189.50 Cr (+11.0% YoY); net profit ₹75.78 Cr.
  • Trailing 12 Months Year-on-year growth — revenue +2.7%, earnings -3.2%.
  • 5-Year Trend Long-term compounding — revenue CAGR 15.1%, profit CAGR 103.6%.

Growth & Price Performance

Compounded Sales Growth

5 Years:15.14%
1 Year:2.70%

Compounded Profit Growth

5 Years:103.63%
1 Year:-3.20%

Stock Price Performance

1 Year:-57.07%
6 Months:-43.88%
3 Months:-27.80%
1 Month:-18.68%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bearish
52-Week Range 0% of range
₹18.72 ₹48.30
Trend Signals
  • Price vs 50-DMABelow
  • Price vs 200-DMABelow
  • RSI (14)24.40 · Oversold
Price Performance
1M-18.68%
3M-27.80%
6M-43.88%
1Y-57.07%
Valuation vs Sector

P/E of 1.41 is below the sector median of 24.31 — relatively cheaper than peers.

Auto-generated from price history and fundamentals; not investment advice.

⚙Ad space

Price Chart

NSE TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Strong return on equity of 69.3%.
  • Healthy ROCE of 75.8%.
  • Excellent profit margin of 39.7%.
  • Compounding revenue at 15.1% over 5 years.
  • Profit CAGR of 103.6% over 5 years.

CONS

  • Trading 61.2% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).
  • RSI at 24 suggests oversold conditions.

* The pros and cons are auto-generated from financial metrics.

⚙Ad space

Valuation

Stock P/E
1.41
Industry PE
24.31
Forward P/E est.
1.46
PEG Ratio
-
Book Value
₹19.13
Price to Book
1.01
P/S
0.58
EV/EBITDA
34.43
Dividend Yield
0.50%

Growth (CAGR)

Revenue 5Y
15.14%
Profit 5Y
103.63%
Revenue (YoY)
2.70%
Earnings (YoY)
-3.20%

Profitability & Returns

ROCE
75.76%
ROE
69.30%
ROA
40.12%
Profit Margin
39.73%
Op Margin
6.98%
Gross Margin
8.97%
EPS (Latest Qtr)
₹1.56
EPS (TTM)
₹13.24

Balance Sheet & Liquidity

Debt/Equity
0.28
Quick Ratio
1.69
Current Ratio
1.79
Debt
₹30.61 Cr
Total Assets
₹188.90 Cr
Current Assets
₹107.89 Cr
Working Capital
₹47.70 Cr

Ownership

Promoter Holding
66.14%
Chg in Prom Hold
-0.73%
FII / Inst Holding
0.00%
Chg in FII Hold
-0.33%

Financial Snapshot

Enterprise Value
₹106.68 Cr
Total Revenue (TTM)
₹190.65 Cr
EBITDA
₹3.86 Cr
Free Cash Flow
₹-16.45 Cr
Operating Cash Flow
₹-2.14 Cr
Shares Outstanding
₹5.70 Cr
Gross Margin
8.97%
Payout Ratio
0.76%

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 DEVIT Dev Information Technology Limited NSETECHAI 18.72 1.41 ₹106.68 Cr 0.50% 75.76% 69.30% 15.14% 103.63%
2 TCS Tata Consultancy Services Limited NIFTY50NSEAITECH 2,506.90 17.57 ₹9.07 L Cr 3.12% 54.93% 47.74% 5.80% 5.30%
3 INFY Infosys Limited NIFTY50NSEAITECH 1,153.35 15.31 ₹4.67 L Cr 5.02% 41.66% 32.00% 3.44% 3.58%
4 HCLTECH HCL Technologies Limited NIFTY50NSEAITECH 1,421.70 22.12 ₹3.85 L Cr 5.10% 27.21% 24.07% 8.65% 3.87%
5 WIPRO Wipro Limited NIFTY50NSEAITECH 190.41 15.12 ₹1.88 L Cr 5.01% 17.85% 16.13% 0.78% 5.16%
6 TECHM Tech Mahindra Limited NIFTY50NSEAITECH 1,814.10 31.36 ₹1.61 L Cr 3.42% 19.82% 16.24% 2.16% -0.14%
7 LTM LTM Limited NSETECH 4,249.00 24.10 ₹1.26 L Cr 1.92% 25.39% 21.97% 8.43% 4.41%
8 LGEINDIA LG Electronics India Limited NIFTY_MIDNSETECH 1,651.20 61.41 ₹1.12 L Cr 0.00% 27.64% 21.98% 1.25% -
9 PAYTM One97 Communications Limited NIFTY_MIDNSEAITECH 1,661.40 166.47 ₹1.06 L Cr 0.00% 3.68% 3.45% 2.20% 43.71%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in INR.

Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue 44.26 Cr60.46 Cr27.95 Cr31.74 Cr43.44 Cr35.46 Cr35.94 Cr47.71 Cr51.55 Cr42.99 Cr48.51 Cr44.14 Cr53.87 Cr
Cost of Revenue --------46.02 Cr37.18 Cr43.33 Cr47.25 Cr45.82 Cr
Gross Profit --------5.54 Cr5.81 Cr5.17 Cr-3.11 Cr8.04 Cr
Operating Expenses 39.41 Cr57.39 Cr25.90 Cr29.29 Cr37.24 Cr29.67 Cr37.02 Cr44.71 Cr3.57 Cr2.96 Cr2.87 Cr4.34 Cr5.77 Cr
Operating Income 4.48 Cr2.80 Cr1.75 Cr2.12 Cr5.71 Cr5.04 Cr-1.87 Cr2.30 Cr1.97 Cr2.84 Cr2.30 Cr-7.45 Cr2.27 Cr
EBITDA 4.85 Cr3.07 Cr2.05 Cr2.45 Cr6.20 Cr5.79 Cr-1.08 Cr3.00 Cr2.99 Cr4.03 Cr97.36 Cr-5.65 Cr5.04 Cr
Interest Expense 24.00 L34.00 L35.00 L33.00 L40.00 L52.00 L99.00 L51.00 L58.03 L53.68 L71.02 L53.56 L97.93 L
Pretax Income 4.44 Cr2.68 Cr1.96 Cr2.02 Cr5.84 Cr4.79 Cr9.45 Cr2.23 Cr1.62 Cr2.78 Cr95.81 Cr-7.27 Cr3.42 Cr
Tax Provision 84.00 L85.01 L31.01 L31.01 L1.55 Cr1.07 Cr1.33 Cr41.01 L48.35 L59.86 L23.93 Cr15.17 L-5.53 Cr
Net Income 3.59 Cr1.83 Cr1.66 Cr1.71 Cr4.28 Cr3.71 Cr8.11 Cr1.82 Cr1.22 Cr2.11 Cr71.85 Cr-7.27 Cr9.09 Cr
Diluted EPS 0.600.330.300.310.740.631.490.310.210.3712.75-1.431.56

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue 46.00 Cr47.00 Cr64.00 Cr70.00 Cr78.00 Cr69.00 Cr85.00 Cr-124.14 Cr163.32 Cr170.66 Cr189.50 Cr
Cost of Revenue --------111.99 Cr143.28 Cr151.54 Cr173.59 Cr
Gross Profit --------12.15 Cr20.04 Cr19.12 Cr15.91 Cr
Operating Expenses 42.00 Cr42.00 Cr57.00 Cr61.00 Cr68.00 Cr64.00 Cr82.00 Cr-6.12 Cr7.55 Cr11.69 Cr15.95 Cr
Operating Income 2.00 Cr4.00 Cr5.00 Cr7.00 Cr8.00 Cr3.00 Cr1.00 Cr-6.02 Cr12.49 Cr7.43 Cr-3.48 L
EBITDA 3.00 Cr5.00 Cr6.00 Cr9.00 Cr10.00 Cr5.00 Cr3.00 Cr-13.46 Cr15.13 Cr23.72 Cr100.77 Cr
Interest Expense 1.00 Cr1.00 Cr2.00 Cr2.00 Cr2.00 Cr1.00 Cr1.00 Cr-96.00 L1.23 Cr2.60 Cr2.76 Cr
Pretax Income 2.00 Cr3.00 Cr4.00 Cr6.00 Cr7.00 Cr4.00 Cr0-11.26 Cr12.49 Cr18.08 Cr94.75 Cr
Tax Provision 56.00 L1.08 Cr1.32 Cr1.68 Cr2.45 Cr-4.00 L0-2.24 Cr3.02 Cr3.30 Cr19.15 Cr
Net Income 1.00 Cr2.00 Cr3.00 Cr4.00 Cr4.00 Cr4.00 Cr-0-8.97 Cr9.29 Cr14.87 Cr75.78 Cr
Diluted EPS 2.443.960.740.690.790.67-0.06-1.621.672.6413.25

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets 27.00 Cr31.00 Cr43.00 Cr54.00 Cr56.00 Cr58.00 Cr62.00 Cr-67.74 Cr95.49 Cr122.10 Cr188.90 Cr
Current Assets --------46.14 Cr65.05 Cr84.80 Cr107.89 Cr
Cash & Equivalents --------2.50 Cr3.40 Cr1.90 Cr6.18 Cr
Inventory --------4.98 Cr6.34 Cr7.31 Cr6.46 Cr
Receivables --------35.00 Cr51.30 Cr74.51 Cr90.95 Cr
Total Liabilities --------26.13 Cr37.20 Cr53.33 Cr79.60 Cr
Current Liabilities --------22.24 Cr31.01 Cr44.50 Cr60.18 Cr
Long Term Debt --------3.65 Cr4.04 Cr6.56 Cr10.70 Cr
Total Debt 8.00 Cr8.00 Cr8.00 Cr9.00 Cr11.00 Cr11.00 Cr11.00 Cr-7.29 Cr14.58 Cr19.98 Cr30.61 Cr
Total Equity 8.50 Cr10.50 Cr16.00 Cr26.00 Cr30.00 Cr34.00 Cr33.00 Cr-41.55 Cr55.45 Cr68.62 Cr109.34 Cr
Shares Outstanding --------5.53 Cr5.62 Cr5.63 Cr5.64 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow 1.00 Cr2.00 Cr6.00 Cr-3.00 Cr7.00 Cr5.00 Cr6.00 Cr--1.65 Cr-79.21 L-8.87 Cr-2.14 Cr
Investing Cash Flow -0-0-6.00 Cr-1.00 Cr-7.00 Cr-7.00 Cr-0--64.85 L-2.10 Cr9.31 Cr-96.34 L
Financing Cash Flow -0-1.00 Cr-1.00 Cr6.00 Cr01.00 Cr-1.00 Cr--4.33 Cr3.80 Cr-1.94 Cr7.37 Cr
Capital Expenditure -1.00 Cr-1.00 Cr-6.00 Cr-1.00 Cr-7.00 Cr-3.00 Cr-1.00 Cr--5.77 Cr-1.99 Cr-4.55 Cr-14.31 Cr
Free Cash Flow 01.00 Cr0-4.00 Cr-02.00 Cr5.00 Cr--7.41 Cr-2.78 Cr-13.43 Cr-16.45 Cr
Net Change in Cash 00-1.00 Cr2.00 Cr0-2.00 Cr4.00 Cr--6.63 Cr90.38 L-1.50 Cr4.27 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % --------9.8%12.3%11.2%8.4%
Operating Margin % 4.3%8.5%7.8%10.0%10.3%4.3%1.2%-4.9%7.6%4.4%-0.0%
Net Margin % 2.2%4.3%4.7%5.7%5.1%5.8%-0.0%-7.2%5.7%8.7%40.0%
ROE % 11.8%19.0%18.8%15.4%13.3%11.8%-0.0%-21.6%16.7%21.7%69.3%
ROCE % --------13.2%19.4%9.6%-0.0%

Shareholding Pattern

Insiders
66.14%
Institutions
0.00%
Public Float
0.00%

Analyst View

Loading analyst coverage…

Latest News

Recent headlines for DEVIT

Google News Wed, 10 Jun 2026

Dev Information Technology Ltd (NSE:DEVIT) Q4 2026 Earnings Call Highlights: Robust Profit ... - Yahoo Finance

<a href="https://news.google.com/rss/articles/CBMioAFBVV95cUxQd1BKZ1RrYzJMWk9XUHppVVY2UEdkRFlXc2RIQlg0cjFja1NKZkk2amdOMW1KemJUdjBkR0Jvb0I5WUJ1dklrMEVBcEV6MGtHcjBEeU12d3FteGlBR3FMcEFCSlRQQlNkLWw1LXlMODVIejdyWFdmQlZCOV9TN09tODF4c1hZeFY4Tm5xOV…

Google News Fri, 05 Jun 2026

Dev Information Technology's (NSE:DEVIT) Earnings Aren't As Good As They Appear - Simply Wall Street

<a href="https://news.google.com/rss/articles/CBMi4wFBVV95cUxQbHJUZjV3VE5lVTBqS1hoanZ5SFBwX2hKQ1lVbzUwYTFmN2tBUUpWdE9lSElNbGM3V1oxc0xBSWlxVXd0UWZTMDFqOHZWNGFjcEZvcGRSOHc1eFc5N0VtbTQzUXFmYkE4SzZuWHBaaUpRdDhGazFUYVlJVkRfX0NnRGFmTWhPLVlHRU9VOG…

Google News Wed, 08 Jul 2026

Fiserv (FISV) Banks Are Circling STAR And Debit Fees Could Be Next - Yahoo Finance

<a href="https://news.google.com/rss/articles/CBMinAFBVV95cUxQNmxwZVFKYVhvRjU0NkZoS1VkemVGem1FS3E0Z0xpNDJjQmhwR3Y5OFpVdFZadXI4REE4WWlYTXRfeEFtSWZaQ0QtY3dETXcwbEh2czJ4dlU1VTUydGdDQy0xRTMycEh6OGc0WnVjbk04U1UtVUhsVTFiRXc2dVB6aGVpZTAwbW55OTZySm…

Google News Wed, 21 Oct 2026

Dev Information Technology Share Price Falls on Low P/E - Univest

<a href="https://news.google.com/rss/articles/CBMiiwFBVV95cUxOVkRTbGRkOFFOS2RJVWNldzRHUXBsSXQ0N1EwSUQ2Mk1maHllUTdqTm8zaHphaHg2bWttTWcxTzdYb2NBOVkxT2ZZUVJCRWZkc2J2eU53cm5NekxhcmpIZF9lU3ZVRW9aemVkZmpQSnRzaEg3YWhWX1BIOVRvak5ucm9GbFlDT3VEZk1v?o…

Google News hu, 23 Apr 2026

Small-cap IT stock Dev InfoTech jumps 14% despite weak market; what's the latest buzz? - Upstox

<a href="https://news.google.com/rss/articles/CBMi2wFBVV95cUxOdlN3SEtPdmV2bGJLVjZhNkFkYmRBTXAzRENpMFNhdzh2UnVveUlXU3VSSGEwNjgzNUdsS3NrOXA5bVA3X3p1M0ZFZWp1aWozVi0xX21Da3BDUDh0QzlHYS1jNUJxaW52ZHJFN081OEhjeUtXa2toU2FvRDQ3T01XZkVUYWhiM0ZGSG9Cb3…

Google News Fri, 11 Sep 2026

Dev Information Technology (DEVIT.NS) Trades at ₹24.18, Up 0.88% as Range Holds - Imbalance Zone - https://www.siam.in/

<a href="https://news.google.com/rss/articles/CBMitgFBVV95cUxQUlduQmxZczRMTlVVWllQblBndFg0YUIzMG9saGxWUVZ2T3hGNFQzX1lWTkEwaUlwVTNoUF93MzNxMVA0a1pZQ0VhdXA2TDFadnlPUWtUbGdyTG1HUGVaOHE4V2VXMDN0VENNX1FEeHlsMlZRb0NqNlh3LUs4NDRSc0puUXFEbnN6QUpWTV…

DEVIT — Frequently Asked Questions

What is the current share price of Dev Information Technology Limited (DEVIT)?

As of 2026-10-24 04:55 IST, Dev Information Technology Limited (DEVIT) trades at ₹18.72 on NSE. Its 52-week range is ₹18.72 to ₹48.30.

What is the market capitalisation of DEVIT?

Dev Information Technology Limited (DEVIT) has a market capitalisation of ₹106.68 Cr on NSE.

What is the P/E ratio of DEVIT?

DEVIT trades at a trailing price-to-earnings (P/E) ratio of 1.41. The industry average P/E is 24.31. Its price-to-book (P/B) ratio is 1.01.

Does DEVIT pay a dividend?

Dev Information Technology Limited (DEVIT) currently offers a dividend yield of 0.50%.

What is the return on equity (ROE) of DEVIT?

DEVIT has a return on equity (ROE) of 69.30%. Its return on capital employed (ROCE) is 75.76%.

Is DEVIT a good stock to buy?

This page provides a data-driven analysis of Dev Information Technology Limited (DEVIT), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

Explore More

📊 Technology Sector 🔍 All Stock Screens 📈 Technical Screens 💰 Fundamental Screens 🔄 Swing Trading Setups 📐 Chart Patterns 📅 Earnings Calendar 📋 All India Stocks
⚙Ad space