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Last Updated: January 3, 2026, 11:13 am
Author: Getaka|Social: XLinkedIn

Dev Information Technology Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: January 3, 2026, 11:13 am

Market Cap 201 Cr.
Current Price 35.6
High / Low 75.6/30.1
Stock P/E29.7
Book Value 22.9
Dividend Yield0.56 %
ROCE11.2 %
ROE9.51 %
Face Value 2.00
PEG Ratio0.11

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Dev Information Technology Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Visesh Infotecnics Ltd 125 Cr. 0.33 / 1.110.00 %2.21 %2.23 % 1.00
Mudunuru Ltd 59.2 Cr. 18.7 18.7/4.43 0.200.00 %27.0 %90.7 % 2.00
Naapbooks Ltd 149 Cr. 138 194/99.822.8 36.40.00 %23.6 %17.1 % 10.0
IB Infotech Enterprises Ltd 38.3 Cr. 299 310/14027.4 26.70.33 %38.5 %35.4 % 10.0
Hit Kit Global Solutions Ltd 5.71 Cr. 1.06 1.73/0.91 2.470.00 %2.14 %2.15 % 2.00
Industry Average20,271.35 Cr554.4588.36123.780.55%14.88%20.92%6.84

All Competitor Stocks of Dev Information Technology Ltd

Quarterly Result

MetricSep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales 26274460283243353648524349
Expenses 24293957262937303745493945
Operating Profit 2-2532266-13343
OPM % 7%-6%11%5%7%8%14%16%-3%6%5%8%6%
Other Income 060010101200094
Interest 0000000111111
Depreciation 0000000111111
Profit before tax 24432265922396
Tax % 31%24%19%32%16%15%27%22%14%18%30%21%25%
Net Profit 13422244821272
EPS in Rs 0.210.520.600.330.300.310.740.631.490.310.220.3712.75

Last Updated: January 1, 2026, 11:32 pm

Below is a detailed analysis of the quarterly data for Dev Information Technology Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:

  • For Sales, as of Sep 2025, the value is 49.00 Cr.. The value appears strong and on an upward trend. It has increased from 43.00 Cr. (Jun 2025) to 49.00 Cr., marking an increase of 6.00 Cr..
  • For Expenses, as of Sep 2025, the value is 45.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 39.00 Cr. (Jun 2025) to 45.00 Cr., marking an increase of 6.00 Cr..
  • For Operating Profit, as of Sep 2025, the value is 3.00 Cr.. The value appears to be declining and may need further review. It has decreased from 4.00 Cr. (Jun 2025) to 3.00 Cr., marking a decrease of 1.00 Cr..
  • For OPM %, as of Sep 2025, the value is 6.00%. The value appears to be declining and may need further review. It has decreased from 8.00% (Jun 2025) to 6.00%, marking a decrease of 2.00%.
  • For Other Income, as of Sep 2025, the value is 94.00 Cr.. The value appears strong and on an upward trend. It has increased from 0.00 Cr. (Jun 2025) to 94.00 Cr., marking an increase of 94.00 Cr..
  • For Interest, as of Sep 2025, the value is 1.00 Cr.. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 1.00 Cr..
  • For Depreciation, as of Sep 2025, the value is 1.00 Cr.. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 1.00 Cr..
  • For Profit before tax, as of Sep 2025, the value is 96.00 Cr.. The value appears strong and on an upward trend. It has increased from 3.00 Cr. (Jun 2025) to 96.00 Cr., marking an increase of 93.00 Cr..
  • For Tax %, as of Sep 2025, the value is 25.00%. The value appears to be increasing, which may not be favorable. It has increased from 21.00% (Jun 2025) to 25.00%, marking an increase of 4.00%.
  • For Net Profit, as of Sep 2025, the value is 72.00 Cr.. The value appears strong and on an upward trend. It has increased from 2.00 Cr. (Jun 2025) to 72.00 Cr., marking an increase of 70.00 Cr..
  • For EPS in Rs, as of Sep 2025, the value is 12.75. The value appears strong and on an upward trend. It has increased from 0.37 (Jun 2025) to 12.75, marking an increase of 12.38.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: December 15, 2025, 5:27 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 5746476470786985100124164171191
Expenses 544242576168648296117150160178
Operating Profit 33569105347141012
OPM % 5%7%10%10%12%12%7%3%4%6%8%6%7%
Other Income 001001211721395
Interest 1112221111132
Depreciation 1111222221133
Profit before tax 223467402111218102
Tax % 27%28%36%33%28%35%-1%860%104%20%24%18%
Net Profit 1123444-0-0991577
EPS in Rs 2.122.443.960.740.690.790.67-0.060.021.621.652.6413.65
Dividend Payout % 7%8%6%7%7%6%7%0%425%6%6%4%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212023-20242024-2025
YoY Net Profit Growth (%)0.00%100.00%50.00%33.33%0.00%0.00%-100.00%0.00%66.67%
Change in YoY Net Profit Growth (%)0.00%100.00%-50.00%-16.67%-33.33%0.00%-100.00%100.00%66.67%

Dev Information Technology Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 9 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:14%
5 Years:20%
3 Years:20%
TTM:29%
Compounded Profit Growth
10 Years:28%
5 Years:46%
3 Years:385%
TTM:22%
Stock Price CAGR
10 Years:%
5 Years:33%
3 Years:2%
1 Year:-16%
Return on Equity
10 Years:14%
5 Years:14%
3 Years:22%
Last Year:24%

Last Updated: September 5, 2025, 2:50 am

Balance Sheet

Last Updated: December 4, 2025, 1:10 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 0.500.500.50466661111111111
Reserves 7810122024282722304457118
Borrowings 68889111111107152024
Other Liabilities 23101219191514182419253455
Total Liabilities 3827314354565862666895122207
Fixed Assets 544991412101014222334
CWIP 0000000011340
Investments 00000054333479
Other Assets 33222734454241475349679294
Total Assets 3827314354565862666895122207

Below is a detailed analysis of the balance sheet data for Dev Information Technology Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2025, the value is 11.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 11.00 Cr..
  • For Reserves, as of Sep 2025, the value is 118.00 Cr.. The value appears strong and on an upward trend. It has increased from 57.00 Cr. (Mar 2025) to 118.00 Cr., marking an increase of 61.00 Cr..
  • For Borrowings, as of Sep 2025, the value is 24.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 20.00 Cr. (Mar 2025) to 24.00 Cr., marking an increase of 4.00 Cr..
  • For Other Liabilities, as of Sep 2025, the value is 55.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 34.00 Cr. (Mar 2025) to 55.00 Cr., marking an increase of 21.00 Cr..
  • For Total Liabilities, as of Sep 2025, the value is 207.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 122.00 Cr. (Mar 2025) to 207.00 Cr., marking an increase of 85.00 Cr..
  • For Fixed Assets, as of Sep 2025, the value is 34.00 Cr.. The value appears strong and on an upward trend. It has increased from 23.00 Cr. (Mar 2025) to 34.00 Cr., marking an increase of 11.00 Cr..
  • For CWIP, as of Sep 2025, the value is 0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 4.00 Cr. (Mar 2025) to 0.00 Cr., marking a decrease of 4.00 Cr..
  • For Investments, as of Sep 2025, the value is 79.00 Cr.. The value appears strong and on an upward trend. It has increased from 4.00 Cr. (Mar 2025) to 79.00 Cr., marking an increase of 75.00 Cr..
  • For Other Assets, as of Sep 2025, the value is 94.00 Cr.. The value appears strong and on an upward trend. It has increased from 92.00 Cr. (Mar 2025) to 94.00 Cr., marking an increase of 2.00 Cr..
  • For Total Assets, as of Sep 2025, the value is 207.00 Cr.. The value appears strong and on an upward trend. It has increased from 122.00 Cr. (Mar 2025) to 207.00 Cr., marking an increase of 85.00 Cr..

Notably, the Reserves (118.00 Cr.) exceed the Borrowings (24.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +3126-37566-2-1-9
Cash from Investing Activity +-0-0-0-6-1-7-7-0-2-1-29
Cash from Financing Activity +-0-0-1-1601-1-3-44-2
Net Cash Flow200-120-241-71-2

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-3.00-5.00-3.00-2.000.00-1.00-6.00-8.00-6.000.00-1.00-10.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days1401141271171389211594114103114159
Inventory Days3616484665648375396075
Days Payable18598142169167131136117146150122
Cash Conversion Cycle-93132-73625635361468159
Working Capital Days346233205751532422556282
ROCE %20%19%26%29%24%22%8%3%7%28%23%11%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters67.65%67.53%67.53%67.48%71.31%70.20%70.20%68.74%66.63%66.63%66.63%66.63%
FIIs1.81%1.72%0.00%0.00%0.00%0.00%0.00%1.45%1.48%0.45%0.33%0.33%
Public30.53%30.76%32.48%32.52%28.69%29.80%29.80%29.82%31.88%32.93%33.03%33.03%
No. of Shareholders7,8327,0447,9807,1818,3038,4199,22914,10419,31720,45923,70634,023

Shareholding Pattern Chart

No. of Shareholders

Dev Information Technology Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 5.005.005.0010.0010.00
Basic EPS (Rs.) 6.614.194.080.131.48
Diluted EPS (Rs.) 6.604.184.060.131.48
Cash EPS (Rs.) 7.914.844.642.665.15
Book Value[Excl.RevalReserv]/Share (Rs.) 30.4525.9218.8129.6961.73
Book Value[Incl.RevalReserv]/Share (Rs.) 30.4525.9218.8129.6961.73
Revenue From Operations / Share (Rs.) 75.7472.7556.1390.41153.32
PBDIT / Share (Rs.) 10.536.816.285.357.92
PBIT / Share (Rs.) 9.186.195.723.704.15
PBT / Share (Rs.) 8.025.565.092.852.23
Net Profit / Share (Rs.) 6.564.214.081.011.39
NP After MI And SOA / Share (Rs.) 6.604.134.060.121.48
PBDIT Margin (%) 13.899.3611.185.915.16
PBIT Margin (%) 12.118.5010.184.092.70
PBT Margin (%) 10.597.639.063.151.45
Net Profit Margin (%) 8.665.797.261.110.90
NP After MI And SOA Margin (%) 8.715.677.220.130.96
Return on Networth / Equity (%) 21.6716.7521.600.402.41
Return on Capital Employeed (%) 26.6421.5727.7812.006.42
Return On Assets (%) 12.189.7213.240.201.29
Long Term Debt / Equity (X) 0.090.070.080.020.03
Total Debt / Equity (X) 0.260.230.170.290.30
Asset Turnover Ratio (%) 1.572.001.821.521.39
Current Ratio (X) 1.912.102.081.521.61
Quick Ratio (X) 1.741.891.851.371.29
Inventory Turnover Ratio (X) 25.020.006.303.066.25
Dividend Payout Ratio (NP) (%) 7.555.956.15205.9733.77
Dividend Payout Ratio (CP) (%) 6.275.175.4014.139.52
Earning Retention Ratio (%) 92.4594.0593.85-105.9766.23
Cash Earning Retention Ratio (%) 93.7394.8394.6085.8790.48
Interest Coverage Ratio (X) 9.1310.8010.016.314.12
Interest Coverage Ratio (Post Tax) (X) 6.697.687.502.191.72
Enterprise Value (Cr.) 266.72237.71213.00142.3961.34
EV / Net Operating Revenue (X) 1.561.451.721.430.72
EV / EBITDA (X) 11.2515.5315.3324.1114.03
MarketCap / Net Operating Revenue (X) 1.471.391.701.440.73
Retention Ratios (%) 92.4494.0493.84-105.9766.22
Price / BV (X) 3.654.115.084.381.82
Price / Net Operating Revenue (X) 1.471.391.701.440.73
EarningsYield 0.050.040.040.000.01

After reviewing the key financial ratios for Dev Information Technology Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 25, the value is 5.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 5.00.
  • For Basic EPS (Rs.), as of Mar 25, the value is 6.61. This value is within the healthy range. It has increased from 4.19 (Mar 24) to 6.61, marking an increase of 2.42.
  • For Diluted EPS (Rs.), as of Mar 25, the value is 6.60. This value is within the healthy range. It has increased from 4.18 (Mar 24) to 6.60, marking an increase of 2.42.
  • For Cash EPS (Rs.), as of Mar 25, the value is 7.91. This value is within the healthy range. It has increased from 4.84 (Mar 24) to 7.91, marking an increase of 3.07.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 30.45. It has increased from 25.92 (Mar 24) to 30.45, marking an increase of 4.53.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 30.45. It has increased from 25.92 (Mar 24) to 30.45, marking an increase of 4.53.
  • For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 75.74. It has increased from 72.75 (Mar 24) to 75.74, marking an increase of 2.99.
  • For PBDIT / Share (Rs.), as of Mar 25, the value is 10.53. This value is within the healthy range. It has increased from 6.81 (Mar 24) to 10.53, marking an increase of 3.72.
  • For PBIT / Share (Rs.), as of Mar 25, the value is 9.18. This value is within the healthy range. It has increased from 6.19 (Mar 24) to 9.18, marking an increase of 2.99.
  • For PBT / Share (Rs.), as of Mar 25, the value is 8.02. This value is within the healthy range. It has increased from 5.56 (Mar 24) to 8.02, marking an increase of 2.46.
  • For Net Profit / Share (Rs.), as of Mar 25, the value is 6.56. This value is within the healthy range. It has increased from 4.21 (Mar 24) to 6.56, marking an increase of 2.35.
  • For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 6.60. This value is within the healthy range. It has increased from 4.13 (Mar 24) to 6.60, marking an increase of 2.47.
  • For PBDIT Margin (%), as of Mar 25, the value is 13.89. This value is within the healthy range. It has increased from 9.36 (Mar 24) to 13.89, marking an increase of 4.53.
  • For PBIT Margin (%), as of Mar 25, the value is 12.11. This value is within the healthy range. It has increased from 8.50 (Mar 24) to 12.11, marking an increase of 3.61.
  • For PBT Margin (%), as of Mar 25, the value is 10.59. This value is within the healthy range. It has increased from 7.63 (Mar 24) to 10.59, marking an increase of 2.96.
  • For Net Profit Margin (%), as of Mar 25, the value is 8.66. This value is within the healthy range. It has increased from 5.79 (Mar 24) to 8.66, marking an increase of 2.87.
  • For NP After MI And SOA Margin (%), as of Mar 25, the value is 8.71. This value is within the healthy range. It has increased from 5.67 (Mar 24) to 8.71, marking an increase of 3.04.
  • For Return on Networth / Equity (%), as of Mar 25, the value is 21.67. This value is within the healthy range. It has increased from 16.75 (Mar 24) to 21.67, marking an increase of 4.92.
  • For Return on Capital Employeed (%), as of Mar 25, the value is 26.64. This value is within the healthy range. It has increased from 21.57 (Mar 24) to 26.64, marking an increase of 5.07.
  • For Return On Assets (%), as of Mar 25, the value is 12.18. This value is within the healthy range. It has increased from 9.72 (Mar 24) to 12.18, marking an increase of 2.46.
  • For Long Term Debt / Equity (X), as of Mar 25, the value is 0.09. This value is below the healthy minimum of 0.2. It has increased from 0.07 (Mar 24) to 0.09, marking an increase of 0.02.
  • For Total Debt / Equity (X), as of Mar 25, the value is 0.26. This value is within the healthy range. It has increased from 0.23 (Mar 24) to 0.26, marking an increase of 0.03.
  • For Asset Turnover Ratio (%), as of Mar 25, the value is 1.57. It has decreased from 2.00 (Mar 24) to 1.57, marking a decrease of 0.43.
  • For Current Ratio (X), as of Mar 25, the value is 1.91. This value is within the healthy range. It has decreased from 2.10 (Mar 24) to 1.91, marking a decrease of 0.19.
  • For Quick Ratio (X), as of Mar 25, the value is 1.74. This value is within the healthy range. It has decreased from 1.89 (Mar 24) to 1.74, marking a decrease of 0.15.
  • For Inventory Turnover Ratio (X), as of Mar 25, the value is 25.02. This value exceeds the healthy maximum of 8. It has increased from 0.00 (Mar 24) to 25.02, marking an increase of 25.02.
  • For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 7.55. This value is below the healthy minimum of 20. It has increased from 5.95 (Mar 24) to 7.55, marking an increase of 1.60.
  • For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 6.27. This value is below the healthy minimum of 20. It has increased from 5.17 (Mar 24) to 6.27, marking an increase of 1.10.
  • For Earning Retention Ratio (%), as of Mar 25, the value is 92.45. This value exceeds the healthy maximum of 70. It has decreased from 94.05 (Mar 24) to 92.45, marking a decrease of 1.60.
  • For Cash Earning Retention Ratio (%), as of Mar 25, the value is 93.73. This value exceeds the healthy maximum of 70. It has decreased from 94.83 (Mar 24) to 93.73, marking a decrease of 1.10.
  • For Interest Coverage Ratio (X), as of Mar 25, the value is 9.13. This value is within the healthy range. It has decreased from 10.80 (Mar 24) to 9.13, marking a decrease of 1.67.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 6.69. This value is within the healthy range. It has decreased from 7.68 (Mar 24) to 6.69, marking a decrease of 0.99.
  • For Enterprise Value (Cr.), as of Mar 25, the value is 266.72. It has increased from 237.71 (Mar 24) to 266.72, marking an increase of 29.01.
  • For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.56. This value is within the healthy range. It has increased from 1.45 (Mar 24) to 1.56, marking an increase of 0.11.
  • For EV / EBITDA (X), as of Mar 25, the value is 11.25. This value is within the healthy range. It has decreased from 15.53 (Mar 24) to 11.25, marking a decrease of 4.28.
  • For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.47. This value is within the healthy range. It has increased from 1.39 (Mar 24) to 1.47, marking an increase of 0.08.
  • For Retention Ratios (%), as of Mar 25, the value is 92.44. This value exceeds the healthy maximum of 70. It has decreased from 94.04 (Mar 24) to 92.44, marking a decrease of 1.60.
  • For Price / BV (X), as of Mar 25, the value is 3.65. This value exceeds the healthy maximum of 3. It has decreased from 4.11 (Mar 24) to 3.65, marking a decrease of 0.46.
  • For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.47. This value is within the healthy range. It has increased from 1.39 (Mar 24) to 1.47, marking an increase of 0.08.
  • For EarningsYield, as of Mar 25, the value is 0.05. This value is below the healthy minimum of 5. It has increased from 0.04 (Mar 24) to 0.05, marking an increase of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Dev Information Technology Ltd as of January 5, 2026 is: ₹52.03

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of January 5, 2026, Dev Information Technology Ltd is Undervalued by 46.15% compared to the current share price ₹35.60

Intrinsic Value of Dev Information Technology Ltd as of January 5, 2026 is: ₹191.90

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of January 5, 2026, Dev Information Technology Ltd is Undervalued by 439.04% compared to the current share price ₹35.60

Last 5 Year EPS CAGR: 268.83%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 18.33%, which is a positive sign.
  2. The company has higher reserves (31.31 cr) compared to borrowings (11.38 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (97.38 cr) and profit (13.31 cr) over the years.
  1. The stock has a high average Working Capital Days of 46.25, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 39.25, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Dev Information Technology Ltd:
    1. Net Profit Margin: 8.66%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 26.64% (Industry Average ROCE: 14.88%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 21.67% (Industry Average ROE: 20.92%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 6.69
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 1.74
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 29.7 (Industry average Stock P/E: 88.36)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.26
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Dev Information Technology Ltd. is a Public Limited Listed company incorporated on 23/12/1997 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L30000GJ1997PLC033479 and registration number is 033479. Currently Company is involved in the business activities of Providing software support and maintenance to the clients. Company's Total Operating Revenue is Rs. 150.63 Cr. and Equity Capital is Rs. 11.27 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
IT Consulting & Software14, Aaryans Corporate Park, Ahmedabad Gujarat 380059Contact not found
Management
NamePosition Held
Mr. Pranav Niranjanbhai PandyaChairman & Wholetime Director
Mr. Jaimin Jagdishbhai ShahManaging Director & CEO
Mr. Vishal Nagendra VasuDirector & CTO
Mr. Prerak Pradyumna ShahDirector & Joint CEO
Dr. V V Rama Subba RaoIndependent Director
Mr. Bhavin BhagatIndependent Director
Dr.(Ms.) Rama MoondraIndependent Woman Director
Mr. Umesh RatejaIndependent Director

FAQ

What is the intrinsic value of Dev Information Technology Ltd?

Dev Information Technology Ltd's intrinsic value (as of 05 January 2026) is ₹52.03 which is 46.15% higher the current market price of ₹35.60, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹201 Cr. market cap, FY2025-2026 high/low of ₹75.6/30.1, reserves of ₹118 Cr, and liabilities of ₹207 Cr.

What is the Market Cap of Dev Information Technology Ltd?

The Market Cap of Dev Information Technology Ltd is 201 Cr..

What is the current Stock Price of Dev Information Technology Ltd as on 05 January 2026?

The current stock price of Dev Information Technology Ltd as on 05 January 2026 is ₹35.6.

What is the High / Low of Dev Information Technology Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Dev Information Technology Ltd stocks is ₹75.6/30.1.

What is the Stock P/E of Dev Information Technology Ltd?

The Stock P/E of Dev Information Technology Ltd is 29.7.

What is the Book Value of Dev Information Technology Ltd?

The Book Value of Dev Information Technology Ltd is 22.9.

What is the Dividend Yield of Dev Information Technology Ltd?

The Dividend Yield of Dev Information Technology Ltd is 0.56 %.

What is the ROCE of Dev Information Technology Ltd?

The ROCE of Dev Information Technology Ltd is 11.2 %.

What is the ROE of Dev Information Technology Ltd?

The ROE of Dev Information Technology Ltd is 9.51 %.

What is the Face Value of Dev Information Technology Ltd?

The Face Value of Dev Information Technology Ltd is 2.00.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Dev Information Technology Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE