Company Overview
Dev Accelerator Limited operates coworking and managed office spaces and allied services to corporates, MNCs, and SMEs in India and internationally. It rents workspaces; and offers payroll and facility management, as well as enterprise workspace designing and building services. The company was founded in 2017 and is based in Ahmedabad, India.
Why Investors Should Care
Net profit has compounded at 56.2% per year over the last five years.
Revenue has grown at a 47.8% CAGR over the past five years.
Operating margin of 22.3% supports profitability.
Recent Developments
- Mar 2026 Revenue of ₹225.92 Cr (+42.2% YoY); net profit ₹8.80 Cr.
- Trailing 12 Months Year-on-year growth — revenue +42.2%, earnings +402.1%.
- 5-Year Trend Long-term compounding — revenue CAGR 47.8%, profit CAGR 56.2%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 47.84% |
| 1 Year: | 42.20% |
Compounded Profit Growth
| 5 Years: | 56.21% |
| 1 Year: | 402.06% |
Stock Price Performance
| 1 Year: | -45.14% |
| 6 Months: | -15.69% |
| 3 Months: | -15.55% |
| 1 Month: | -3.54% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)41.24 · Neutral
P/E of 180.71 is above the sector median of 26.17 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
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
- Compounding revenue at 47.8% over 5 years.
- Profit CAGR of 56.2% over 5 years.
CONS
- Trading at a high P/E of 180.7.
- Trading 45.1% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Real Estate).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | DEVX Dev Accelerator Limited NSE | 35.14 | 180.71 | ₹316.92 Cr | 0.00% | 12.31% | 4.74% | 47.84% | 56.21% |
| 2 | DLF DLF Limited NSE | 678.90 | 38.08 | ₹1.68 L Cr | 1.17% | 6.32% | 9.71% | 11.32% | 29.44% |
| 3 | LODHA Lodha Developers Limited NSE | 1,172.35 | 34.23 | ₹1.17 L Cr | 0.35% | 18.24% | 14.72% | 20.40% | 91.69% |
| 4 | PHOENIXLTD The Phoenix Mills Limited NIFTY_MIDNSE | 2,140.00 | 61.11 | ₹76,533.81 Cr | 0.12% | 11.84% | 11.14% | 19.36% | -2.86% |
| 5 | PRESTIGE Prestige Estates Projects Limited NIFTY_MIDNSE | 1,704.10 | 152.29 | ₹73,400.74 Cr | 0.10% | 12.91% | 7.35% | 15.58% | 8.28% |
| 6 | OBEROIRLTY Oberoi Realty Limited NIFTY_MIDNSE | 1,917.60 | 27.81 | ₹69,724.36 Cr | 0.42% | 16.71% | 13.99% | 12.92% | 9.60% |
| 7 | GODREJPROP Godrej Properties Limited NIFTY_MIDNSE | 2,123.20 | 34.57 | ₹63,952.43 Cr | 0.47% | 11.14% | 9.66% | 32.38% | 47.94% |
| 8 | ANANTRAJ Anant Raj Limited NIFTY_SMALLNSE | 583.00 | 36.88 | ₹20,980.83 Cr | 0.17% | 10.39% | 9.59% | 37.94% | 54.27% |
| 9 | BRIGADE Brigade Enterprises Limited NIFTY_SMALLNSE | 563.00 | 26.17 | ₹18,360.82 Cr | 0.33% | 9.89% | 9.45% | 18.81% | 30.28% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 24.91 Cr | 34.47 Cr | 49.75 Cr | 65.40 Cr | 55.63 Cr | 51.84 Cr | 59.20 Cr | 59.26 Cr |
| Cost of Revenue | - | - | 15.21 Cr | 25.93 Cr | - | 12.08 Cr | 18.57 Cr | 17.48 Cr |
| Gross Profit | - | - | 34.53 Cr | 39.47 Cr | - | 39.76 Cr | 40.63 Cr | 41.78 Cr |
| Operating Expenses | 10.90 Cr | 16.34 Cr | 23.71 Cr | 24.62 Cr | 29.24 Cr | 28.12 Cr | 31.63 Cr | 23.89 Cr |
| Operating Income | 2.88 Cr | 3.69 Cr | 10.82 Cr | 14.85 Cr | 11.88 Cr | 11.63 Cr | 9.01 Cr | 17.89 Cr |
| EBITDA | 14.01 Cr | 18.13 Cr | 26.33 Cr | 34.25 Cr | 26.39 Cr | 29.13 Cr | 26.76 Cr | 35.42 Cr |
| Interest Expense | 8.76 Cr | 11.38 Cr | 12.21 Cr | 15.18 Cr | 12.26 Cr | 12.64 Cr | 9.25 Cr | 10.28 Cr |
| Pretax Income | -5.66 Cr | 6.64 Cr | 80.34 L | 2.54 Cr | 94.00 L | 1.70 Cr | 2.57 Cr | 10.50 Cr |
| Tax Provision | -31.02 L | 39.97 L | 10.87 L | 42.35 L | 80.00 L | -5.54 L | 3.58 Cr | 2.53 Cr |
| Net Income | -5.97 Cr | 6.24 Cr | 68.38 L | 2.10 Cr | 14.00 L | 1.76 Cr | -99.30 L | 7.90 Cr |
| Diluted EPS | -4,294.96 | 0.93 | 0.08 | 0.23 | 0.02 | 0.26 | -0.15 | 0.98 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | - | 69.91 Cr | 108.09 Cr | 158.87 Cr | 225.92 Cr |
| Cost of Revenue | - | 25.07 Cr | 26.66 Cr | 48.31 Cr | 64.93 Cr |
| Gross Profit | - | 44.84 Cr | 81.43 Cr | 110.56 Cr | 160.99 Cr |
| Operating Expenses | - | 45.13 Cr | 61.76 Cr | 82.28 Cr | 110.58 Cr |
| Operating Income | - | -29.20 L | 19.67 Cr | 28.28 Cr | 50.41 Cr |
| EBITDA | - | 30.83 Cr | 67.34 Cr | 99.48 Cr | 119.03 Cr |
| Interest Expense | - | 16.77 Cr | 30.95 Cr | 44.55 Cr | 44.44 Cr |
| Pretax Income | - | -16.05 Cr | -8.62 Cr | 2.71 Cr | 15.71 Cr |
| Tax Provision | - | -3.21 Cr | -9.06 Cr | 92.64 L | 6.87 Cr |
| Net Income | - | -12.83 Cr | 43.30 L | 1.75 Cr | 8.80 Cr |
| Diluted EPS | -0.83 | -1.42 | 0.05 | 0.19 | - |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Total Assets | - | 282.42 Cr | 411.09 Cr | 540.38 Cr | 643.98 Cr |
| Current Assets | - | 22.35 Cr | 67.10 Cr | 103.45 Cr | 196.58 Cr |
| Cash & Equivalents | - | 54.40 L | 54.30 L | 3.35 Cr | 21.08 Cr |
| Inventory | - | 26.60 L | 0 | 0 | 0 |
| Receivables | - | 3.65 Cr | 11.88 Cr | 42.27 Cr | 27.29 Cr |
| Total Liabilities | - | 281.20 Cr | 382.29 Cr | 485.56 Cr | 458.32 Cr |
| Current Liabilities | - | 72.65 Cr | 109.66 Cr | 149.79 Cr | 155.40 Cr |
| Long Term Debt | - | 23.91 Cr | 70.11 Cr | 98.94 Cr | 81.09 Cr |
| Total Debt | - | 235.07 Cr | 324.91 Cr | 385.58 Cr | 370.41 Cr |
| Total Equity | - | 1.22 Cr | 28.79 Cr | 54.79 Cr | 185.59 Cr |
| Shares Outstanding | - | 9.02 Cr | 9.02 Cr | 9.02 Cr | 9.02 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 26.48 Cr | 7.56 Cr | 93.66 Cr | 89.85 Cr |
| Investing Cash Flow | - | -24.06 Cr | -40.86 Cr | -66.11 Cr | -120.97 Cr |
| Financing Cash Flow | - | -3.66 Cr | 33.30 Cr | -24.73 Cr | 48.84 Cr |
| Capital Expenditure | - | -24.11 Cr | -34.33 Cr | -11.62 Cr | -103.38 Cr |
| Free Cash Flow | - | 2.38 Cr | -26.77 Cr | 82.03 Cr | -13.53 Cr |
| Net Change in Cash | - | -1.24 Cr | 0 | 2.82 Cr | 17.71 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Gross Margin % | - | 64.1% | 75.3% | 69.6% | 71.3% |
| Operating Margin % | - | -0.4% | 18.2% | 17.8% | 22.3% |
| Net Margin % | - | -18.4% | 0.4% | 1.1% | 3.9% |
| ROE % | - | -1,049.9% | 1.5% | 3.2% | 4.7% |
| ROCE % | - | -0.1% | 6.5% | 7.2% | 10.3% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for DEVX
Dev Accelerator Limited's (NSE:DEVX) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock? - simplywall.st
<a href="https://news.google.com/rss/articles/CBMi_AFBVV95cUxPY0tOZjlRWmNpRUp2a1NsMHAyUDY4LUtzSmFrZGx4VzF1Y0QtcFZUVm5yTVZsVGpvNllvNTdGT2R4b0E3M3UwX2dCNVoxUVgxOS01S1NQdnJKQXpCM09jZHREREQ5clh5dUlybXdKczhHTGhhYk1pY3B0QnZvcEJyM2FaMFdiY3VFVk1zV2…
DEVX Stock Price and Chart — NSE:DEVX - TradingView
<a href="https://news.google.com/rss/articles/CBMiWEFVX3lxTE5ZNEI5RFY1b0x5cEZpd2JYVDItbGNFY3ZkWjdaWXJBeS05ZFBjRkZBeWF1ZDJXTXVEaW84el96bVVJUV9YYzNTa0dTLWZ3N3FIcVUxd2NFaXc?oc=5" target="_blank">DEVX Stock Price and Chart — NSE:DEVX</a> &…
DevX posts 34% revenue in FY26, expands capacity plans - BusinessLine
<a href="https://news.google.com/rss/articles/CBMi3AFBVV95cUxNd0J5STVZaE9MXzlqV2pIZUJ0cE1kLTQ2UWVFbGRHU3otY0xVaGVOQVUyQlVrUjRLT2ZkQ25DYlo3U0VhcF9WLW5UN0ZMdWhsRnBjWVp3ZEduQ0JzZkRfT1p1MlNGVTIxcEV5RHBkS1VpYWFQcDJsUDJLbkFyZGhSRTh1dTdqNm42NGpxeW…
DevX Shares Make Muted Debut On Bourses - Inc42
<a href="https://news.google.com/rss/articles/CBMicEFVX3lxTE9MVnZyWW1tc04wcnZlYXBZenZEOUI3T2RJaFZQRGtXQkc3YmhEZXRUMUxmZURmVlpxNzJYT1ZwSm85cWliaEZkZFg1WEhYUTEzeEJOaG1SRGZDSHZzcS1sRlMzRXFrRUpfQWh4dzdVQ1E?oc=5" target="_blank">DevX Shares Make…
Dev Accelerator IPO allotment status finalised: How to check online on KFin Technologies, NSE, BSE - Upstox
<a href="https://news.google.com/rss/articles/CBMi8gFBVV95cUxQWE1ZRC1VNXd1a2x3ZGoxZnRiQ2dkVUE5dWlFQ2N5MENYM3FaeUF2ZThURDBkekxnTUFhQWNfY2FGa2FucG9TZjhoWk9USDNHSG9nV0FYVG9paUhseXhmUHBSSEc0cGFLZF8tT3dPZXNYbC11RDJSS052MnB5MVdhenpXMkxLd204TDhjY0…
DevX Completes Postal Ballot Notice Dispatch for ₹35 Crore Fundraising Initiative - scanx.trade
<a href="https://news.google.com/rss/articles/CBMi9AFBVV95cUxNRG5Pem9XRVRDQkhpdFZwMWFKOUQxN292NDFleUpnUUFlVmdKSXhTWlMwUnZPcUJnWHM3eHlvRTE0TTZlVWU5MEZWc0Riai1ORThTa3dqSnJwVERLRGVJS3NCT3Q3aWVCMnR6VjA4NlZmSHdNVmZEMnNib1VWUjZGSDVkNzdvZHFDWTJ0UX…
DEVX — Frequently Asked Questions
What is the current share price of Dev Accelerator Limited (DEVX)?
As of 2026-07-15 09:52 IST, Dev Accelerator Limited (DEVX) trades at ₹35.14 on NSE. Its 52-week range is ₹30.82 to ₹64.05.
What is the market capitalisation of DEVX?
Dev Accelerator Limited (DEVX) has a market capitalisation of ₹316.92 Cr on NSE.
What is the P/E ratio of DEVX?
DEVX trades at a trailing price-to-earnings (P/E) ratio of 180.71. The industry average P/E is 26.17. Its price-to-book (P/B) ratio is 2.04.
What is the return on equity (ROE) of DEVX?
DEVX has a return on equity (ROE) of 4.74%. Its return on capital employed (ROCE) is 12.31%.
Is DEVX a good stock to buy?
This page provides a data-driven analysis of Dev Accelerator Limited (DEVX), 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.