Share Price and Basic Stock Data
Last Updated: November 4, 2025, 4:02 pm
| PEG Ratio | 0.11 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Dev Information Technology Ltd operates in the IT Consulting and Software sector, with a current market capitalization of ₹226 Cr and a share price standing at ₹40.1. The company reported revenue from operations of ₹124 Cr for the year ending March 2023, which increased to ₹171 Cr for March 2025, reflecting a significant growth trajectory. The trailing twelve months (TTM) revenue reached ₹178 Cr, indicating a robust demand for its services. Quarterly sales figures reveal fluctuations, with sales peaking at ₹60.46 Cr in June 2023 before stabilizing at around ₹35.94 Cr in September 2024. Notably, the operating profit margin (OPM) recorded a low of -6.33% in December 2022 but rebounded to 8.28% in March 2025, showcasing resilience in operational efficiency. The continuous growth in sales and strategic management of expenses has positioned the company favorably in the competitive landscape of IT services.
Profitability and Efficiency Metrics
Profitability metrics indicate that Dev Information Technology has experienced fluctuations in net profit, which stood at ₹9 Cr for the fiscal year ending March 2024 and rose to ₹15 Cr for March 2025. The company’s return on equity (ROE) is reported at 21.67%, while return on capital employed (ROCE) is at 26.64%, suggesting effective utilization of equity and capital investments. The interest coverage ratio (ICR) of 9.13x indicates a strong ability to meet interest obligations. However, the cash conversion cycle (CCC) has deteriorated to 159 days by March 2025, highlighting potential inefficiencies in working capital management. The company’s net profit margin improved to 8.66% in March 2025 from just 1.11% in March 2022, indicating stronger profitability relative to sales. These metrics reflect a mixed performance, with strong returns but challenges in operational efficiency that require attention.
Balance Sheet Strength and Financial Ratios
Dev Information Technology’s balance sheet reveals a solid financial position, with total assets amounting to ₹122 Cr as of March 2025, up from ₹66 Cr in March 2022. The company maintains reserves of ₹57 Cr and borrowings of ₹20 Cr, resulting in a low total debt-to-equity ratio of 0.26, which is favorable compared to industry norms. The current ratio stands at 1.91, indicating sufficient liquidity to cover short-term liabilities. Additionally, the price-to-book value (P/BV) ratio is reported at 3.65x, suggesting investors are willing to pay a premium for the company’s equity. However, the growing borrowings and the cash conversion cycle raise questions about liquidity management and operational efficiency. Overall, the financial ratios reflect a healthy balance sheet, but ongoing monitoring of debt levels and working capital management is crucial.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Dev Information Technology shows a strong promoter holding of 66.63%, with foreign institutional investors (FIIs) holding a minimal 0.33%. The public shareholding has seen a gradual increase, rising from 30.12% in September 2022 to 33.03% by June 2025, indicating growing retail investor interest. The number of shareholders surged significantly from 6,381 in September 2022 to 23,706 in June 2025, reflecting enhanced investor confidence. However, the fluctuation in promoter stakes, which peaked at 71.31% in December 2023, indicates potential volatility in management confidence. The concentration of shareholding among promoters may raise concerns about governance and decision-making transparency, which could impact investor sentiment. Overall, the increasing public shareholding is a positive indicator of growing market confidence.
Outlook, Risks, and Final Insight
Looking ahead, Dev Information Technology is well-positioned to capitalize on the growing demand for IT consulting and software services, with a reported TTM revenue of ₹178 Cr. However, the company faces risks such as high operational expenses, as reflected in the fluctuating OPM, and a deteriorating cash conversion cycle, which can strain liquidity. Additionally, the low FII participation could limit market support during downturns. Strengths include solid ROE and ROCE figures, highlighting effective capital utilization, and a robust balance sheet with low debt levels. The outlook remains cautiously optimistic, contingent on the company’s ability to enhance operational efficiency while managing costs effectively. A strategic focus on improving working capital management and investor relations could further bolster its market position and investor sentiment.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Dev Information Technology Ltd
| 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 | 0.38/0.33 | 1.12 | 0.00 % | 2.21 % | 2.23 % | 1.00 | |
| Mudunuru Ltd | 34.2 Cr. | 10.8 | 10.8/4.43 | 0.25 | 0.00 % | 27.0 % | 90.7 % | 2.00 | |
| Naapbooks Ltd | 157 Cr. | 146 | 194/99.8 | 35.1 | 33.2 | 0.00 % | 23.6 % | 17.1 % | 10.0 |
| IB Infotech Enterprises Ltd | 32.9 Cr. | 257 | 310/140 | 23.5 | 26.7 | 0.39 % | 38.5 % | 35.4 % | 10.0 |
| Hit Kit Global Solutions Ltd | 6.45 Cr. | 1.32 | 1.73/0.91 | 58.7 | 2.52 | 0.00 % | 2.14 % | 2.15 % | 2.00 |
| Industry Average | 19,076.47 Cr | 568.08 | 145.02 | 119.46 | 0.53% | 14.92% | 20.95% | 6.84 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 26.57 | 25.99 | 27.34 | 44.26 | 60.46 | 27.95 | 31.74 | 43.44 | 35.46 | 35.94 | 47.71 | 51.55 | 42.99 |
| Expenses | 24.60 | 24.16 | 29.07 | 39.41 | 57.39 | 25.90 | 29.29 | 37.24 | 29.67 | 37.02 | 44.71 | 48.79 | 39.43 |
| Operating Profit | 1.97 | 1.83 | -1.73 | 4.85 | 3.07 | 2.05 | 2.45 | 6.20 | 5.79 | -1.08 | 3.00 | 2.76 | 3.56 |
| OPM % | 7.41% | 7.04% | -6.33% | 10.96% | 5.08% | 7.33% | 7.72% | 14.27% | 16.33% | -3.01% | 6.29% | 5.35% | 8.28% |
| Other Income | 0.37 | 0.37 | 6.03 | 0.20 | 0.22 | 0.56 | 0.23 | 0.53 | 0.27 | 12.31 | 0.44 | 0.23 | 0.47 |
| Interest | 0.33 | 0.34 | 0.48 | 0.24 | 0.34 | 0.35 | 0.33 | 0.40 | 0.52 | 0.99 | 0.51 | 0.58 | 0.54 |
| Depreciation | 0.27 | 0.32 | 0.29 | 0.37 | 0.27 | 0.30 | 0.33 | 0.49 | 0.75 | 0.79 | 0.70 | 0.79 | 0.71 |
| Profit before tax | 1.74 | 1.54 | 3.53 | 4.44 | 2.68 | 1.96 | 2.02 | 5.84 | 4.79 | 9.45 | 2.23 | 1.62 | 2.78 |
| Tax % | 2.87% | 30.52% | 24.36% | 18.92% | 31.72% | 15.82% | 15.35% | 26.54% | 22.34% | 14.07% | 18.39% | 29.63% | 21.22% |
| Net Profit | 1.69 | 1.07 | 2.66 | 3.59 | 1.83 | 1.66 | 1.71 | 4.28 | 3.71 | 8.11 | 1.82 | 1.13 | 2.18 |
| EPS in Rs | 0.73 | 0.53 | 1.29 | 1.50 | 0.82 | 0.74 | 0.77 | 1.84 | 1.57 | 3.73 | 0.77 | 0.54 | 0.94 |
Last Updated: August 20, 2025, 11:40 am
Below is a detailed analysis of the quarterly data for Dev Information Technology Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 42.99 Cr.. The value appears to be declining and may need further review. It has decreased from 51.55 Cr. (Mar 2025) to 42.99 Cr., marking a decrease of 8.56 Cr..
- For Expenses, as of Jun 2025, the value is 39.43 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 48.79 Cr. (Mar 2025) to 39.43 Cr., marking a decrease of 9.36 Cr..
- For Operating Profit, as of Jun 2025, the value is 3.56 Cr.. The value appears strong and on an upward trend. It has increased from 2.76 Cr. (Mar 2025) to 3.56 Cr., marking an increase of 0.80 Cr..
- For OPM %, as of Jun 2025, the value is 8.28%. The value appears strong and on an upward trend. It has increased from 5.35% (Mar 2025) to 8.28%, marking an increase of 2.93%.
- For Other Income, as of Jun 2025, the value is 0.47 Cr.. The value appears strong and on an upward trend. It has increased from 0.23 Cr. (Mar 2025) to 0.47 Cr., marking an increase of 0.24 Cr..
- For Interest, as of Jun 2025, the value is 0.54 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.58 Cr. (Mar 2025) to 0.54 Cr., marking a decrease of 0.04 Cr..
- For Depreciation, as of Jun 2025, the value is 0.71 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.79 Cr. (Mar 2025) to 0.71 Cr., marking a decrease of 0.08 Cr..
- For Profit before tax, as of Jun 2025, the value is 2.78 Cr.. The value appears strong and on an upward trend. It has increased from 1.62 Cr. (Mar 2025) to 2.78 Cr., marking an increase of 1.16 Cr..
- For Tax %, as of Jun 2025, the value is 21.22%. The value appears to be improving (decreasing) as expected. It has decreased from 29.63% (Mar 2025) to 21.22%, marking a decrease of 8.41%.
- For Net Profit, as of Jun 2025, the value is 2.18 Cr.. The value appears strong and on an upward trend. It has increased from 1.13 Cr. (Mar 2025) to 2.18 Cr., marking an increase of 1.05 Cr..
- For EPS in Rs, as of Jun 2025, the value is 0.94. The value appears strong and on an upward trend. It has increased from 0.54 (Mar 2025) to 0.94, marking an increase of 0.40.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 5:27 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 57 | 46 | 47 | 64 | 70 | 78 | 69 | 85 | 100 | 124 | 164 | 171 | 178 |
| Expenses | 54 | 42 | 42 | 57 | 61 | 68 | 64 | 82 | 96 | 117 | 150 | 160 | 170 |
| Operating Profit | 3 | 3 | 5 | 6 | 9 | 10 | 5 | 3 | 4 | 7 | 14 | 10 | 8 |
| OPM % | 5% | 7% | 10% | 10% | 12% | 12% | 7% | 3% | 4% | 6% | 8% | 6% | 5% |
| Other Income | 0 | 0 | 1 | 0 | 0 | 1 | 2 | 1 | 1 | 7 | 2 | 13 | 13 |
| Interest | 1 | 1 | 1 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 3 | 3 |
| Depreciation | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 3 | 3 |
| Profit before tax | 2 | 2 | 3 | 4 | 6 | 7 | 4 | 0 | 2 | 11 | 12 | 18 | 16 |
| Tax % | 27% | 28% | 36% | 33% | 28% | 35% | -1% | 860% | 104% | 20% | 24% | 18% | |
| Net Profit | 1 | 1 | 2 | 3 | 4 | 4 | 4 | -0 | -0 | 9 | 9 | 15 | 13 |
| EPS in Rs | 2.12 | 2.44 | 3.96 | 0.74 | 0.69 | 0.79 | 0.67 | -0.06 | 0.02 | 1.62 | 1.65 | 2.64 | 2.39 |
| Dividend Payout % | 7% | 8% | 6% | 7% | 7% | 6% | 7% | 0% | 425% | 6% | 6% | 4% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|
| 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: October 10, 2025, 1:54 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.50 | 0.50 | 0.50 | 4 | 6 | 6 | 6 | 6 | 11 | 11 | 11 | 11 |
| Reserves | 7 | 8 | 10 | 12 | 20 | 24 | 28 | 27 | 22 | 30 | 44 | 57 |
| Borrowings | 6 | 8 | 8 | 8 | 9 | 11 | 11 | 11 | 10 | 7 | 15 | 20 |
| Other Liabilities | 23 | 10 | 12 | 19 | 19 | 15 | 14 | 18 | 24 | 19 | 25 | 34 |
| Total Liabilities | 38 | 27 | 31 | 43 | 54 | 56 | 58 | 62 | 66 | 68 | 95 | 122 |
| Fixed Assets | 5 | 4 | 4 | 9 | 9 | 14 | 12 | 10 | 10 | 14 | 22 | 23 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 3 | 4 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 4 | 3 | 3 | 3 | 4 |
| Other Assets | 33 | 22 | 27 | 34 | 45 | 42 | 41 | 47 | 53 | 49 | 67 | 92 |
| Total Assets | 38 | 27 | 31 | 43 | 54 | 56 | 58 | 62 | 66 | 68 | 95 | 122 |
Below is a detailed analysis of the balance sheet data for Dev Information Technology Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 11.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 11.00 Cr..
- For Reserves, as of Mar 2025, the value is 57.00 Cr.. The value appears strong and on an upward trend. It has increased from 44.00 Cr. (Mar 2024) to 57.00 Cr., marking an increase of 13.00 Cr..
- For Borrowings, as of Mar 2025, the value is 20.00 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 15.00 Cr. (Mar 2024) to 20.00 Cr., marking an increase of 5.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 34.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 25.00 Cr. (Mar 2024) to 34.00 Cr., marking an increase of 9.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 122.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 95.00 Cr. (Mar 2024) to 122.00 Cr., marking an increase of 27.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 23.00 Cr.. The value appears strong and on an upward trend. It has increased from 22.00 Cr. (Mar 2024) to 23.00 Cr., marking an increase of 1.00 Cr..
- For CWIP, as of Mar 2025, the value is 4.00 Cr.. The value appears strong and on an upward trend. It has increased from 3.00 Cr. (Mar 2024) to 4.00 Cr., marking an increase of 1.00 Cr..
- For Investments, as of Mar 2025, the value is 4.00 Cr.. The value appears strong and on an upward trend. It has increased from 3.00 Cr. (Mar 2024) to 4.00 Cr., marking an increase of 1.00 Cr..
- For Other Assets, as of Mar 2025, the value is 92.00 Cr.. The value appears strong and on an upward trend. It has increased from 67.00 Cr. (Mar 2024) to 92.00 Cr., marking an increase of 25.00 Cr..
- For Total Assets, as of Mar 2025, the value is 122.00 Cr.. The value appears strong and on an upward trend. It has increased from 95.00 Cr. (Mar 2024) to 122.00 Cr., marking an increase of 27.00 Cr..
Notably, the Reserves (57.00 Cr.) exceed the Borrowings (20.00 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.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -3.00 | -5.00 | -3.00 | -2.00 | 0.00 | -1.00 | -6.00 | -8.00 | -6.00 | 0.00 | -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.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 140 | 114 | 127 | 117 | 138 | 92 | 115 | 94 | 114 | 103 | 114 | 159 |
| Inventory Days | 36 | 16 | 48 | 46 | 65 | 64 | 83 | 75 | 39 | 60 | 75 | |
| Days Payable | 185 | 98 | 142 | 169 | 167 | 131 | 136 | 117 | 146 | 150 | 122 | |
| Cash Conversion Cycle | -9 | 31 | 32 | -7 | 36 | 25 | 63 | 53 | 6 | 14 | 68 | 159 |
| Working Capital Days | 34 | 62 | 33 | 20 | 57 | 51 | 53 | 24 | 22 | 55 | 62 | 82 |
| ROCE % | 20% | 19% | 26% | 29% | 24% | 22% | 8% | 3% | 7% | 28% | 23% | 11% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 5.00 | 5.00 | 5.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 6.61 | 4.19 | 4.08 | 0.13 | 1.48 |
| Diluted EPS (Rs.) | 6.60 | 4.18 | 4.06 | 0.13 | 1.48 |
| Cash EPS (Rs.) | 7.91 | 4.84 | 4.64 | 2.66 | 5.15 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 30.45 | 25.92 | 18.81 | 29.69 | 61.73 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 30.45 | 25.92 | 18.81 | 29.69 | 61.73 |
| Revenue From Operations / Share (Rs.) | 75.74 | 72.75 | 56.13 | 90.41 | 153.32 |
| PBDIT / Share (Rs.) | 10.53 | 6.81 | 6.28 | 5.35 | 7.92 |
| PBIT / Share (Rs.) | 9.18 | 6.19 | 5.72 | 3.70 | 4.15 |
| PBT / Share (Rs.) | 8.02 | 5.56 | 5.09 | 2.85 | 2.23 |
| Net Profit / Share (Rs.) | 6.56 | 4.21 | 4.08 | 1.01 | 1.39 |
| NP After MI And SOA / Share (Rs.) | 6.60 | 4.13 | 4.06 | 0.12 | 1.48 |
| PBDIT Margin (%) | 13.89 | 9.36 | 11.18 | 5.91 | 5.16 |
| PBIT Margin (%) | 12.11 | 8.50 | 10.18 | 4.09 | 2.70 |
| PBT Margin (%) | 10.59 | 7.63 | 9.06 | 3.15 | 1.45 |
| Net Profit Margin (%) | 8.66 | 5.79 | 7.26 | 1.11 | 0.90 |
| NP After MI And SOA Margin (%) | 8.71 | 5.67 | 7.22 | 0.13 | 0.96 |
| Return on Networth / Equity (%) | 21.67 | 16.75 | 21.60 | 0.40 | 2.41 |
| Return on Capital Employeed (%) | 26.64 | 21.57 | 27.78 | 12.00 | 6.42 |
| Return On Assets (%) | 12.18 | 9.72 | 13.24 | 0.20 | 1.29 |
| Long Term Debt / Equity (X) | 0.09 | 0.07 | 0.08 | 0.02 | 0.03 |
| Total Debt / Equity (X) | 0.26 | 0.23 | 0.17 | 0.29 | 0.30 |
| Asset Turnover Ratio (%) | 1.57 | 2.00 | 1.82 | 1.52 | 1.39 |
| Current Ratio (X) | 1.91 | 2.10 | 2.08 | 1.52 | 1.61 |
| Quick Ratio (X) | 1.74 | 1.89 | 1.85 | 1.37 | 1.29 |
| Inventory Turnover Ratio (X) | 9.85 | 0.00 | 6.30 | 3.06 | 6.25 |
| Dividend Payout Ratio (NP) (%) | 0.00 | 5.95 | 6.15 | 205.97 | 33.77 |
| Dividend Payout Ratio (CP) (%) | 0.00 | 5.17 | 5.40 | 14.13 | 9.52 |
| Earning Retention Ratio (%) | 0.00 | 94.05 | 93.85 | -105.97 | 66.23 |
| Cash Earning Retention Ratio (%) | 0.00 | 94.83 | 94.60 | 85.87 | 90.48 |
| Interest Coverage Ratio (X) | 9.13 | 10.80 | 10.01 | 6.31 | 4.12 |
| Interest Coverage Ratio (Post Tax) (X) | 6.69 | 7.68 | 7.50 | 2.19 | 1.72 |
| Enterprise Value (Cr.) | 266.72 | 237.71 | 213.00 | 142.39 | 61.34 |
| EV / Net Operating Revenue (X) | 1.56 | 1.45 | 1.72 | 1.43 | 0.72 |
| EV / EBITDA (X) | 11.25 | 15.53 | 15.33 | 24.11 | 14.03 |
| MarketCap / Net Operating Revenue (X) | 1.47 | 1.39 | 1.70 | 1.44 | 0.73 |
| Retention Ratios (%) | 0.00 | 94.04 | 93.84 | -105.97 | 66.22 |
| Price / BV (X) | 3.65 | 4.11 | 5.08 | 4.38 | 1.82 |
| Price / Net Operating Revenue (X) | 1.47 | 1.39 | 1.70 | 1.44 | 0.73 |
| EarningsYield | 0.05 | 0.04 | 0.04 | 0.00 | 0.01 |
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 9.85. This value exceeds the healthy maximum of 8. It has increased from 0.00 (Mar 24) to 9.85, marking an increase of 9.85.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 5.95 (Mar 24) to 0.00, marking a decrease of 5.95.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 5.17 (Mar 24) to 0.00, marking a decrease of 5.17.
- For Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 94.05 (Mar 24) to 0.00, marking a decrease of 94.05.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 94.83 (Mar 24) to 0.00, marking a decrease of 94.83.
- 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 0.00. This value is below the healthy minimum of 30. It has decreased from 94.04 (Mar 24) to 0.00, marking a decrease of 94.04.
- 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.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
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:
- 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.
- ROCE: 26.64% (Industry Average ROCE: 14.92%)
- 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.
- ROE%: 21.67% (Industry Average ROE: 20.95%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- 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.
- 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.
- Stock P/E: 17.4 (Industry average Stock P/E: 145.02)
- 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.
- 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.
Stock Rating: - Net Profit Margin: 8.66%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| IT Consulting & Software | 14, Aaryans Corporate Park, Ahmedabad Gujarat 380059 | cs@devitpl.com http://www.devitpl.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Pranav Niranjanbhai Pandya | Founder & Chairman |
| Mr. Jaimin Jagdishbhai Shah | Managing Director & CEO |
| Mr. Vishal Nagendra Vasu | Director & CTO |
| Mr. Prerak Pradyumna Shah | Director & Joint CEO |
| Dr. V V Rama Subba Rao | Independent Director |
| Mr. Jatin Y Trivedi | Independent Director |
| Ms. Rama Moondra | Independent Woman Director |
| Mr. Umesh Rateja | Independent Director |
FAQ
What is the intrinsic value of Dev Information Technology Ltd?
Dev Information Technology Ltd's intrinsic value (as of 04 November 2025) is 16.23 which is 60.89% lower the current market price of 41.50, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 234 Cr. market cap, FY2025-2026 high/low of 76.4/35.3, reserves of ₹57 Cr, and liabilities of 122 Cr.
What is the Market Cap of Dev Information Technology Ltd?
The Market Cap of Dev Information Technology Ltd is 234 Cr..
What is the current Stock Price of Dev Information Technology Ltd as on 04 November 2025?
The current stock price of Dev Information Technology Ltd as on 04 November 2025 is 41.5.
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 76.4/35.3.
What is the Stock P/E of Dev Information Technology Ltd?
The Stock P/E of Dev Information Technology Ltd is 17.4.
What is the Book Value of Dev Information Technology Ltd?
The Book Value of Dev Information Technology Ltd is 12.2.
What is the Dividend Yield of Dev Information Technology Ltd?
The Dividend Yield of Dev Information Technology Ltd is 0.49 %.
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.