About the Company - Dev Information Technology Ltd
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. 99.03 Cr. and Equity Capital is Rs. 11.04 Cr. for the Year ended 31/03/2022.
| Management |
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| Name | Position Held |
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| Mr. Pranav Niranjanbhai Pandya | Chairman & Wholetime Director |
| Mr. Jaimin Jagdishbhai Shah | Managing Director |
| Mr. Vishal Nagendra Vasu | Whole Time Director |
| Dr. V V Rama Subba Rao | Independent Director |
| Mr. Jatin Y Trivedi | Independent Director |
| Mr. Prerak Pradyumna Shah | Whole Time Director |
| Ms. Rama Moondra | Independent Woman Director |
| Mr. Umesh Rateja | Independent Director |
Dev Information Technology Ltd. Share Price Update |
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| Share Price | Value |
|---|
| Today | ₹129.00 |
| Previous Day | ₹130.25 |
Basic Stock Data of Dev Information Technology Ltd
| Market Cap | 289 Cr. |
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| Current Price | 131 |
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| High / Low | 164/81.0 |
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| Stock P/E | 30.7 |
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| Book Value | 20.2 |
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| Dividend Yield | 0.20 % |
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| ROCE | 15.2 % |
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| ROE | 12.5 % |
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| Face Value | 5.00 |
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Dev Information Technology Ltd Quarterly Results
| Month | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 |
|---|
| Sales | 24.56 | 23.02 | 16.13 | 29.08 | 31.59 | 26.57 | 25.99 | 27.34 | 44.26 | 60.46 | 27.95 |
| Expenses | 23.89 | 21.76 | 15.34 | 28.73 | 30.36 | 24.60 | 24.16 | 29.07 | 39.41 | 57.39 | 25.90 |
| Operating Profit | 0.67 | 1.26 | 0.79 | 0.35 | 1.23 | 1.97 | 1.83 | -1.73 | 4.85 | 3.07 | 2.05 |
| OPM % | 2.73% | 5.47% | 4.90% | 1.20% | 3.89% | 7.41% | 7.04% | -6.33% | 10.96% | 5.08% | 7.33% |
| Other Income | 0.08 | 0.18 | 0.21 | 0.28 | 0.31 | 0.37 | 0.37 | 6.03 | 0.20 | 0.22 | 0.56 |
| Interest | 0.31 | 0.30 | 0.21 | 0.13 | 0.30 | 0.33 | 0.34 | 0.48 | 0.24 | 0.34 | 0.35 |
| Depreciation | 0.58 | 0.57 | 0.40 | 0.28 | 0.58 | 0.27 | 0.32 | 0.29 | 0.37 | 0.27 | 0.30 |
| Profit before tax | -0.14 | 0.57 | 0.39 | 0.22 | 0.66 | 1.74 | 1.54 | 3.53 | 4.44 | 2.68 | 1.96 |
| Tax % | -71.43% | 89.47% | 130.77% | 231.82% | 77.27% | 2.87% | 30.52% | 24.36% | 18.92% | 31.72% | 15.82% |
| Net Profit | -0.24 | 0.07 | -0.12 | -0.29 | 0.16 | 1.69 | 1.07 | 2.66 | 3.59 | 1.83 | 1.66 |
| EPS in Rs | -0.10 | 0.05 | -0.03 | -0.11 | 0.10 | 0.73 | 0.53 | 1.29 | 1.50 | 0.82 | 0.74 |
Dev Information Technology Ltd Quarterly Chart
Dev Information Technology Ltd Profit & Loss
| Month | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
|---|
| Sales | 43 | 57 | 46 | 47 | 64 | 70 | 78 | 69 | 85 | 100 | 124 | 160 |
| Expenses | 41 | 54 | 42 | 42 | 57 | 61 | 68 | 64 | 82 | 96 | 117 | 152 |
| Operating Profit | 2 | 3 | 3 | 5 | 6 | 9 | 10 | 5 | 3 | 4 | 7 | 8 |
| OPM % | 5% | 5% | 7% | 10% | 10% | 12% | 12% | 7% | 3% | 4% | 6% | 5% |
| Other Income | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 2 | 1 | 1 | 7 | 7 |
| Interest | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 1 | 1 |
| Profit before tax | 1 | 2 | 2 | 3 | 4 | 6 | 7 | 4 | 0 | 2 | 11 | 13 |
| Tax % | 51% | 27% | 28% | 36% | 33% | 28% | 35% | -1% | 860% | 104% | 20% | |
| Net Profit | 1 | 1 | 1 | 2 | 3 | 4 | 4 | 4 | -0 | -0 | 9 | 10 |
| EPS in Rs | 2.90 | 5.50 | 6.35 | 10.30 | 1.85 | 1.74 | 1.99 | 1.68 | -0.15 | 0.06 | 4.06 | 4.35 |
| Dividend Payout % | 9% | 7% | 8% | 6% | 7% | 7% | 6% | 7% | 0% | 425% | 6% | |
Dev Information Technology Ltd Profit & Loss Yearly Chart
Dev Information Technology Ltd Growth
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| Compounded Sales Growth |
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| 10 Years:: | 11% |
| 5 Years:: | 12% |
| 3 Years:: | 22% |
| TTM:: | 41% |
Dev Information Technology Ltd Growth
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| Compounded Profit Growth |
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| 10 Years:: | 24% |
| 5 Years:: | 4% |
| 3 Years:: | 27% |
| TTM:: | 261% |
Dev Information Technology Ltd Growth
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| Stock Price CAGR |
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| 10 Years:: | % |
| 5 Years:: | 47% |
| 3 Years:: | 57% |
| 1 Year:: | -8% |
Dev Information Technology Ltd Growth
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| Return on Equity |
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| 10 Years:: | 9% |
| 5 Years:: | 5% |
| 3 Years:: | 1% |
| Last Year:: | 12% |
No data available for the Balance Sheet data table.
Dev Information Technology Ltd Reserves and Borrowings Chart
Dev Information Technology Ltd Cash Flow
| Month | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|
| Cash from Operating Activity | -0 | 3 | 1 | 2 | 6 | -3 | 7 | 5 | 6 | 6 | -2 |
| Cash from Investing Activity | -0 | -0 | -0 | -0 | -6 | -1 | -7 | -7 | -0 | -2 | -1 |
| Cash from Financing Activity | -1 | -0 | -0 | -1 | -1 | 6 | 0 | 1 | -1 | -3 | -4 |
| Net Cash Flow | -1 | 2 | 0 | 0 | -1 | 2 | 0 | -2 | 4 | 1 | -7 |
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Dev Information Technology Ltd Financial Efficiency Indicators
| Month | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
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| Debtor Days | 79 | 140 | 114 | 127 | 117 | 138 | 92 | 115 | 94 | 114 | 103 |
| Inventory Days | 70 | 36 | 16 | 48 | 46 | 65 | 64 | 83 | 75 | 39 | 30 |
| Days Payable | 104 | 185 | 98 | 142 | 169 | 167 | 131 | 136 | 117 | 146 | 74 |
| Cash Conversion Cycle | 45 | -9 | 31 | 32 | -7 | 36 | 25 | 63 | 53 | 6 | 59 |
| Working Capital Days | 41 | 34 | 62 | 65 | 46 | 96 | 82 | 98 | 65 | 55 | 66 |
| ROCE % | | 20% | 19% | 26% | 29% | 24% | 22% | 8% | 3% | 7% | 15% |
Dev Information Technology Ltd Financial Efficiency Indicators Chart
No valid data available for the Shareholding
Dev Information Technology Ltd Shareholding Pattern Chart
No. of Dev Information Technology Ltd Shareholders
This stock is not held by any mutual fund
Dev Information Technology Ltd ROCE Trend
Dev Information Technology Ltd EPS Trend
Dev Information Technology Ltd Key Financial Ratios
| Month | Mar 23 | Mar 22 | Mar 21 | Mar 20 | Mar 19 |
|---|
| FaceValue | 5.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 4.08 | 0.13 | 1.48 | 6.70 | 7.92 |
| Diluted EPS (Rs.) | 4.06 | 0.13 | 1.48 | 6.70 | 7.92 |
| Cash EPS (Rs.) | 4.64 | 2.66 | 5.15 | 10.56 | 11.17 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 18.81 | 29.69 | 61.73 | 60.74 | 54.47 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 18.81 | 29.69 | 61.73 | 60.74 | 54.47 |
| Revenue From Operations / Share (Rs.) | 56.13 | 90.41 | 153.32 | 124.16 | 140.61 |
| PBDIT / Share (Rs.) | 6.28 | 5.35 | 7.92 | 10.21 | 18.28 |
| PBIT / Share (Rs.) | 5.72 | 3.70 | 4.15 | 6.53 | 15.04 |
| PBT / Share (Rs.) | 5.09 | 2.85 | 2.23 | 6.84 | 12.25 |
| Net Profit / Share (Rs.) | 4.08 | 1.01 | 1.39 | 6.87 | 7.93 |
| NP After MI And SOA / Share (Rs.) | 4.06 | 0.12 | 1.48 | 6.70 | 7.92 |
| PBDIT Margin (%) | 11.18 | 5.91 | 5.16 | 8.22 | 12.99 |
| PBIT Margin (%) | 10.18 | 4.09 | 2.70 | 5.25 | 10.69 |
| PBT Margin (%) | 9.06 | 3.15 | 1.45 | 5.50 | 8.71 |
| Net Profit Margin (%) | 7.26 | 1.11 | 0.90 | 5.53 | 5.64 |
| NP After MI And SOA Margin (%) | 7.22 | 0.13 | 0.96 | 5.39 | 5.63 |
| Return on Networth / Equity (%) | 21.60 | 0.40 | 2.41 | 11.11 | 14.62 |
| Return on Capital Employeed (%) | 27.78 | 12.00 | 6.42 | 10.07 | 24.07 |
| Return On Assets (%) | 13.24 | 0.20 | 1.29 | 6.37 | 7.77 |
| Long Term Debt / Equity (X) | 0.08 | 0.02 | 0.03 | 0.05 | 0.13 |
| Total Debt / Equity (X) | 0.17 | 0.29 | 0.30 | 0.30 | 0.35 |
| Asset Turnover Ratio (%) | 1.82 | 1.52 | 1.39 | 1.16 | 1.36 |
| Current Ratio (X) | 2.08 | 1.52 | 1.61 | 1.69 | 1.75 |
| Quick Ratio (X) | 1.85 | 1.37 | 1.29 | 1.43 | 1.49 |
| Inventory Turnover Ratio (X) | 6.30 | 3.06 | 6.25 | 4.71 | 4.90 |
| Dividend Payout Ratio (NP) (%) | 6.15 | 205.97 | 33.77 | 7.46 | 6.31 |
| Dividend Payout Ratio (CP) (%) | 5.40 | 14.13 | 9.52 | 4.81 | 4.48 |
| Earning Retention Ratio (%) | 93.85 | -105.97 | 66.23 | 92.54 | 93.69 |
| Cash Earning Retention Ratio (%) | 94.60 | 85.87 | 90.48 | 95.19 | 95.52 |
| Interest Coverage Ratio (%) | 10.01 | 6.31 | 4.12 | 4.00 | 6.56 |
| Interest Coverage Ratio (Post Tax) (%) | 7.50 | 2.19 | 1.72 | 2.57 | 3.85 |
| Enterprise Value (Cr.) | 213.00 | 142.39 | 61.34 | 40.49 | 56.91 |
| EV / Net Operating Revenue (X) | 1.72 | 1.43 | 0.72 | 0.59 | 0.73 |
| EV / EBITDA (X) | 15.33 | 24.11 | 14.03 | 7.18 | 5.64 |
| MarketCap / Net Operating Revenue (X) | 1.70 | 1.44 | 0.73 | 0.53 | 0.69 |
| Retention Ratios (%) | 93.84 | -105.97 | 66.22 | 92.53 | 93.68 |
| Price / BV (X) | 5.08 | 4.38 | 1.82 | 1.09 | 1.81 |
| Price / Net Operating Revenue (X) | 1.70 | 1.44 | 0.73 | 0.53 | 0.69 |
| EarningsYield | 0.04 | 0.00 | 0.01 | 0.10 | 0.08 |
Dev Information Technology Ltd Profitability Ratios (%)
Dev Information Technology Ltd Liquidity Ratios
Dev Information Technology Ltd Liquidity Ratios (%)
Dev Information Technology Ltd Interest Coverage Ratios (%)
Dev Information Technology Ltd Valuation Ratios
Fair Value of Dev Information Technology Ltd Stock
Fair Value: ₹77.67
The stock is overvalued by 40.71% compared to the current price ₹131
*This is not Investment Advice
Strength and Weakness of Dev Information Technology Ltd Stock
Unable to fetch valid data for stock valuation.
