Dev Accelerator Limited DEVX NSE
Real Estate · Real Estate Services · India
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.
READ MORE ›₹37.92
-40.80% 1Y
Market & Price
Market Cap
₹341.99 Cr
Current Price
₹37.92
High / Low (52W)
₹64.05 / ₹30.82
Beta
-
Valuation
Stock P/E
34.16
Industry PE
20.49
Forward P/E
-
PEG Ratio
-
Book Value
₹17.12
Price to Book
2.22
P/S
1.51
EV/EBITDA
6.64
Dividend Yield
-
Profitability & Returns
ROCE
12.31%
ROE
7.35%
ROA
5.32%
Profit Margin
3.90%
Op Margin
30.19%
EPS (Latest Qtr)
₹0.98
EPS (TTM)
₹1.11
Balance Sheet & Liquidity
Debt/Equity
2.00
Quick Ratio
0.53
Current Ratio
1.26
Debt
₹370.41 Cr
Total Assets
₹643.98 Cr
Current Assets
₹196.58 Cr
Working Capital
₹41.18 Cr
Ownership
Promoter Holding
69.62%
Chg in Prom Hold
-
FII / Inst Holding
0.00%
Chg in FII Hold
-
Financial Snapshot
Enterprise Value
₹726.28 Cr
Total Revenue (TTM)
₹225.92 Cr
EBITDA
₹109.30 Cr
Free Cash Flow
₹-90.92 Cr
Operating Cash Flow
₹89.85 Cr
Shares Outstanding
₹9.02 Cr
Gross Margin
71.26%
Payout Ratio
0.00%
Growth (CAGR)
Revenue 5Y
47.84%
Profit 5Y
56.21%
Revenue (YoY)
19.10%
Earnings (YoY)
631.90%
PROS
- Compounding revenue at 47.8% over 5 years.
- Profit CAGR of 56.2% over 5 years.
CONS
- Trading 40.8% below its 52-week high.
* The pros and cons are auto-generated from financial metrics.
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
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
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 | 37.92 | 34.16 | ₹341.99 Cr | - | 12.31% | 7.35% | 47.84% | 56.21% |
| 2 | DLF DLF Limited NSE | 590.60 | 33.11 | ₹1.46 L Cr | 1.02% | 6.35% | 10.03% | 12.98% | 29.44% |
| 3 | LODHA Lodha Developers Limited NSE | 938.10 | 27.40 | ₹93,708.23 Cr | 0.45% | 18.07% | 15.71% | 21.34% | 91.69% |
| 4 | PHOENIXLTD The Phoenix Mills Limited NIFTY_MIDNSE | 1,771.20 | 50.50 | ₹63,345.28 Cr | 0.14% | 11.84% | 11.06% | 19.36% | -2.86% |
| 5 | OBEROIRLTY Oberoi Realty Limited NIFTY_MIDNSE | 1,707.10 | 24.75 | ₹62,070.53 Cr | 0.47% | 16.74% | 14.91% | 12.92% | 9.60% |
| 6 | PRESTIGE Prestige Estates Projects Limited NIFTY_MIDNSE | 1,369.20 | 49.27 | ₹58,975.58 Cr | 0.13% | 12.91% | 8.00% | 15.58% | 8.28% |
| 7 | GODREJPROP Godrej Properties Limited NIFTY_MIDNSE | 1,762.70 | 28.74 | ₹53,093.89 Cr | 0.57% | 12.01% | 9.97% | 33.30% | 47.94% |
| 8 | SOBHA Sobha Limited NIFTY_SMALLNSE | 1,418.00 | 106.38 | ₹15,166.05 Cr | 0.42% | 5.80% | 4.17% | 16.27% | -18.23% |
| 9 | ABREL Aditya Birla Real Estate Limited NIFTY_SMALLNSE | 1,243.80 | - | ₹13,753.67 Cr | 0.16% | -5.19% | -8.91% | -52.60% | -45.99% |
Ad space
Quarterly Results
Figures in INR.
| Metric | Sep 2024 | Dec 2024 | Mar 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Revenue | 34.47 Cr | 49.75 Cr | 65.40 Cr | 51.84 Cr | 59.20 Cr | 59.26 Cr |
| Cost of Revenue | 6.95 Cr | 15.21 Cr | 25.93 Cr | 12.08 Cr | 18.57 Cr | 17.48 Cr |
| Gross Profit | 27.52 Cr | 34.53 Cr | 39.47 Cr | 39.76 Cr | 40.63 Cr | 41.78 Cr |
| Operating Expenses | 23.76 Cr | 23.71 Cr | 24.62 Cr | 28.12 Cr | 31.63 Cr | 23.89 Cr |
| Operating Income | 3.76 Cr | 10.82 Cr | 14.85 Cr | 11.63 Cr | 9.01 Cr | 17.89 Cr |
| EBITDA | 32.46 Cr | 26.33 Cr | 34.25 Cr | 29.13 Cr | 26.76 Cr | 35.42 Cr |
| Interest Expense | 11.38 Cr | 12.21 Cr | 15.18 Cr | 12.64 Cr | 9.25 Cr | 10.28 Cr |
| Pretax Income | 6.64 Cr | 80.34 L | 2.54 Cr | 1.70 Cr | 2.57 Cr | 10.50 Cr |
| Tax Provision | 40.04 L | 10.87 L | 42.35 L | -5.54 L | 3.58 Cr | 2.53 Cr |
| Net Income | 6.23 Cr | 68.38 L | 2.10 Cr | 1.76 Cr | -99.30 L | 7.90 Cr |
| Diluted EPS | 0.69 | 0.08 | 0.23 | 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 | - |
Compounded Sales Growth
| 5 Years: | 47.84% |
| 1 Year: | 19.10% |
Compounded Profit Growth
| 5 Years: | 56.21% |
| 1 Year: | 631.90% |
Stock Price Performance
| 1 Year: | -40.80% |
| 6 Months: | -18.73% |
| 3 Months: | -8.03% |
| 1 Month: | -10.86% |
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
Insiders
69.62%
Institutions
0.00%
Public Float
0.00%
Analyst View
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Analyst aggregate. Targets and ratings update periodically; not investment advice.
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