Dev Information Technology Limited share price

Dev Information Technology Limited provides information technology enabled services in India, Europe, and internationally. The company offers AI agent development, generative AI solutions, enterprise AI and automation, and AI governance services; cloud advisory and strategy, application modernization, managed cloud operations, and backup and disaster recovery services; data and analytics, modern workplace solutions, blockchain and Web3 solutions, and M365 migration services; data center support, managed digital workplace services, and cybersecurity services; custom software development, e-governance platforms, and mobile application development; and Microsoft D365 Finance and Operations, Mi…Read more

Website NSE BSE

TechnologyInformation Technology ServicesNSE: DEVITISIN INE060X01034

16 Oct 2026, 3:29 PM IST₹19.66▲ 0.06 (0.31%)

Market Cap₹ 112 Cr.
Current Price₹ 19.66
High / Low₹ 44 / 18
Stock P/E1.5
Book Value₹ 19
Dividend Yield0.51 %
ROCE75.5 %
ROE85.20 %
Face Value₹ 2.0

More figures (10)

EPS (TTM)₹ 13.24
Price / Book1.03
OPM1.3 %
Debt / Equity0.28
Sales growth (3Y)15.1 %
Profit growth (3Y)103.1 %
Promoter holding66.1 %
EV / EBITDA34.7
Beta-0.31
All-time high₹ 76

Price chart

Price on NSE 50 DMA 200 DMA Volume

Returns	1M	3M	6M	YTD	1Y	3Y CAGR	5Y CAGR
DEVIT	-15.77%	-30.80%	-34.79%	-39.00%	-48.61%	-30.19%	+3.58%
Nifty 50	-0.31%	-3.85%	-4.34%	-11.42%	-9.53%	+5.46%	+4.76%

Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.

Quick take

Dev Information Technology Limited is in the Information Technology Services industry (Technology), with a market value of ₹112 crore.
It trades at 1.5 times its last 12 months' earnings and 1.0 times book value.
Revenue grew 15.1% a year over the last 3 years, profit 103.1% a year.
Return on equity was 85.2% and return on capital employed 75.5% in the latest year.
Debt was 0.28 times shareholders' equity.
The share price is 55.8% below its 52-week high and down 48.6% over one year.
Promoters and insiders hold about 66.1%; institutions about 0.0%.

Pros

Strong return on equity: 42.8% on average over the last 3 years.
Sales have grown 15.1% a year over the last 3 years.
Profit has grown 103.1% a year over the last 3 years.
Trades at 1.5 times earnings, below its 3-year median of 17.4.
Borrowings are moderate at 0.28 times shareholders' equity.

Cons

Interest cover is thin: operating earnings are 1.4 times the interest cost.
Promoter holding has fallen by 25.90 points over 3 years, to 41.58%.

Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.

About Dev Information Technology Limited

Employees: 1,083
Head office: Ahmedabad

Peer comparison

Company	Market cap (₹ Cr)	P/E	P/B	ROE	OPM	Sales CAGR	Div. yield
Dev Information Technology LimitedDEVIT	112	1.5	1.03	85.2%	1.3%	+14.8%	0.51%
Reliable Data Services LimitedRELIABLE	139	15.3	1.94	10.7%	7.3%	+36.5%	0.04%

Companies in the same industry (Information Technology Services). Tap a heading to sort. Sorting is a way to explore data, not a recommendation.

Quarterly Results

Consolidated figures in ₹ crore /

₹ Cr	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	60	28	32	43	35	36	48	52	43	49	44	54	44
YOY Sales Growth %	127.52%	7.54%	16.09%	-1.86%	-41.35%	28.60%	50.34%	18.69%	21.22%	34.97%	-7.48%	4.48%	2.67%
	57	26	29	37	30	37	45	49	39	45	51	51	41
Material Cost %	64%	21%	31%	38%	19%	36%	45%	49%	39%	51%	51%	38%	26%
Employee Cost %	28%	66%	56%	44%	60%	61%	44%	41%	48%	39%	56%	47%	58%
Other Expenses %	3%	6%	5%	4%	5%	6%	5%	5%	5%	4%	7%	10%	8%
Operating Profit	3	2	2	6	6	-1	3	3	4	3	-6	3	3
OPM %	5%	7%	8%	14%	16%	-3%	6%	5%	8%	6%	-14%	5%	8%
	0	1	0	1	0	12	0	0	0	1	1	2	1
Exceptional items										94
Interest	0	0	0	0	1	1	1	1	1	1	1	1	1
Depreciation	0	0	0	0	1	1	1	1	1	1	1	1	0
Profit before tax	3	2	2	6	5	9	2	2	3	96	-7	3	3
	32%	16%	15%	27%	22%	14%	18%	30%	22%	25%		-162%	22%
Current tax	1	0	0	1	1	2	1	1	1	1		-0	1
Deferred tax	0	-0	0	0	0	-0	-0	-0	-0	23	0	-5	-0
	2	2	2	4	4	8	2	1	2	72	-7	9	2
Profit from associates												-0	-0
Minority share	0	0	0	0	0	-0	0	-0	0	0	-0	-0	0
Profit to shareholders	2	2	2	4	4	8	2	1	2	72	-7	9	2
YOY Profit Growth %	13.12%	39.55%	-35.74%	19.03%	103.21%	390.66%	6.19%	-73.51%	-41.31%	786.15%	-508.41%	689.42%	-3.33%
EPS in Rs	0.66	0.30	0.31	0.74	0.62	1.50	0.31	0.22	0.38	12.75	-1.30	1.59	0.37
Raw filing

₹ Cr	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	59	30	31	38	30	32	42	46	35	45	36	46	32
YOY Sales Growth %	126.45%	10.48%	14.07%	-10.05%	-48.73%	6.75%	38.19%	22.00%	17.50%	39.10%	-15.12%	-0.08%	-8.40%
	56	28	28	32	25	32	39	44	32	42	42	44	30
Material Cost %	66%	30%	32%	34%	19%	38%	44%	52%	35%	53%	52%	42%	19%
Employee Cost %	27%	59%	57%	48%	61%	59%	45%	39%	53%	37%	60%	46%	68%
Other Expenses %	2%	4%	4%	3%	4%	4%	3%	4%	4%	3%	4%	8%	6%
Operating Profit	3	2	2	6	5	-0	3	2	3	3	-6	2	2
OPM %	5%	7%	8%	15%	16%	-1%	8%	4%	9%	6%	-16%	4%	7%
	0	1	0	0	0	12	0	0	0	1	0	2	0
Exceptional items										92
Interest	0	0	0	0	0	0	0	0	0	1	0	1	1
Depreciation	0	0	0	0	1	1	1	1	0	1	1	1	0
Profit before tax	2	2	2	5	4	11	3	1	2	95	-6	3	2
	33%	17%	16%	28%	21%	14%	23%	26%	27%	25%		-215%	25%
Current tax	1	0	0	1	1	2	1	0	1	1		-0	0
Deferred tax	0	-0	0	0	0	-0	-0	-0	-0	23	0	-5	-0
	2	2	2	4	3	9	2	1	2	71	-6	8	1
YOY Profit Growth %	12.94%	12.59%	-51.30%	58.72%	98.35%	463.13%	26.69%	-77.21%	-47.08%	673.22%	-408.91%	848.70%	-25.39%
EPS in Rs	0.30	0.29	0.30	0.69	0.59	1.63	0.37	0.15	0.31	12.55	-1.15	1.47	0.23
Raw filing

Source: the company's results filed with NSE, as reported. EPS restated for bonus issues and splits. Tap a row marked + for its breakdown. Latest quarter on the right.

Profit & Loss

Consolidated figures in ₹ crore /

₹ Cr	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	100	124	164	171	190	191
YOY Sales Growth %		24.38%	31.75%	4.33%	11.04%
	95	117	150	160	186	187
Material Cost %	44%	49%	43%	39%	45%	42%
Employee Cost %	45%	41%	44%	50%	47%	49%
Other Expenses %	6%	4%	4%	5%	7%	7%
Operating Profit	5	7	14	10	3	3
OPM %	5%	6%	8%	6%	2%	2%
	1	7	2	13	4	4
Exceptional items					94	94
Interest	1	1	1	3	3	3
Depreciation	2	1	1	3	3	3
Profit before tax	3	11	12	18	95	95
	65%	21%	24%	18%	20%	20%
Current tax	1	3	3	4	1
Deferred tax	1	-0	0	-1	18
	-0	9	9	15	76	76
Profit from associates	-1				-0	-0
Minority share	-0	0	0	-0	-0	-0
Profit to shareholders		9	9	15	76	76
YOY Profit Growth %			5.04%	55.98%	411.48%
EPS in Rs	0.00	1.63	1.68	2.64	13.42	13.41
Dividend Payout %		6%	6%	8%	1%

Compounded Sales Growth

3 Years:: 15%
TTM:: 7%

Compounded Profit Growth

3 Years:: 103%
TTM:: 470%

Stock Price CAGR

5 Years:: 4%
3 Years:: -30%
1 Year:: -49%

Return on Equity

4 Years:: 38%
Last Year:: 85%

₹ Cr	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	99	122	157	151	162	159
YOY Sales Growth %		23.17%	28.95%	-4.23%	7.53%
	94	116	145	141	160	158
Material Cost %	45%	50%	45%	40%	46%	43%
Employee Cost %	45%	41%	44%	49%	48%	51%
Other Expenses %	5%	4%	3%	4%	5%	5%
Operating Profit	5	6	13	10	2	1
OPM %	5%	5%	8%	7%	1%	1%
	1	7	1	13	3	4
Exceptional items					92	92
Interest	1	1	1	2	2	2
Depreciation	2	1	1	2	2	2
Profit before tax	4	11	12	19	93	93
	50%	19%	25%	18%	20%	20%
Current tax	1	2	3	4	1
Deferred tax	1	-0	0	-1	18
	2	9	9	15	74	74
YOY Profit Growth %		355.58%	0.52%	75.83%	381.44%
EPS in Rs	0.03	1.58	1.58	2.74	13.18	13.10
Dividend Payout %		6%	6%	7%	1%

Compounded Sales Growth

3 Years:: 10%
TTM:: 2%

Compounded Profit Growth

3 Years:: 104%
TTM:: 432%

Stock Price CAGR

5 Years:: 4%
3 Years:: -30%
1 Year:: -49%

Return on Equity

4 Years:: 38%
Last Year:: 85%

Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. EPS restated for bonus issues and splits. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.

Balance Sheet

Consolidated figures in ₹ crore, as at 31 March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	11	11	11	11
Reserves	30	44	57	98
	7	15	20	31
Long term borrowings	4	4	7	11
Short term borrowings	4	9	12	18
	19	25	33	49
Trade payables	12	10	19	26
Minority interest	0	3	0	-0
Current liabilities	22	31	44	60
Total Liabilities	68	95	122	189
	9	13	12	12
Gross block	18	25	25	26
Accumulated depreciation	9	12	13	14
Goodwill & intangibles	7	12	15	15
CWIP	1
	58	82	110	177
Inventories	5	6	7	6
Trade receivables	35	51	75	91
Cash & equivalents	2	3	2	6
Current assets	46	65	85	108
Total Assets	68	95	122	189

Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.

Cash Flows

Consolidated figures in ₹ crore, financial years ending March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-2	-1	-9	-2
Profit for the year	9	9	15	76
Working capital changes	-9	-12	-17	-7
Direct taxes paid	-0	-3	-4	-5
	-1	-2	9	-1
Fixed assets purchased	-6	-2	-5	-14
Fixed assets sold			0	12
	-4	4	-2	7
Proceeds from borrowings			22	19
Repayment of borrowings			-16	-8
Interest paid	-1	-1	-3	-3
Dividends paid	-1	-1	-1	-1
Net Cash Flow	-7	1	-1	4
Free Cash Flow	-7	-3	-13	-16

Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.

Ratios

Ratio	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROE	—	21.6%	19.2%	24.0%	85.2%
ROCE	—	26.8%	21.3%	25.5%	75.5%
Operating margin	—	4.9%	7.6%	4.6%	1.3%
Net margin	—	7.2%	5.7%	8.7%	40.3%
Debt / equity	—	0.18	0.26	0.29	0.28
Current ratio	—	2.07	2.10	1.91	1.79

Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities).

Shareholding Pattern

Numbers in percentages · as filed with NSE each quarter

Promoters 41.58%
FIIs 0.33%
Public 58.09%

%	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	67.48%	71.31%	70.20%	70.20%	68.73%	66.63%	66.63%	66.63%	66.63%	66.63%	41.58%	41.58%
					1.45%	1.49%	0.45%	0.33%	0.33%	0.33%	0.33%	0.33%
Foreign portfolio investors (Cat. I)					1.45%	1.44%	0.38%	0.33%	0.33%	0.33%	0.33%	0.33%
Foreign portfolio investors (Cat. II)						0.04%	0.07%
	32.52%	28.69%	29.80%	29.80%	29.82%	31.89%	32.92%	33.04%	33.04%	33.04%	58.09%	58.09%
Retail (up to ₹2 lakh)	13.75%	13.73%	15.16%	15.85%	17.93%	21.96%	22.03%	22.82%	23.15%	22.66%	22.66%	22.86%
HNIs (above ₹2 lakh)	9.17%	6.79%	6.43%	5.29%	4.06%	4.34%	4.57%	4.62%	4.38%	4.29%	4.38%	4.18%
NRIs	0.53%	0.43%	0.50%	0.57%	0.51%	0.72%	0.81%	0.78%	0.76%	0.78%	0.77%	0.73%
Bodies corporate	4.17%	3.12%	3.15%	3.61%	4.02%	2.17%	2.61%	1.89%	1.74%	2.05%	26.09%	26.07%
No. of Shareholders	7,181	8,303	8,419	9,229	14,104	19,317	20,459	23,706	34,023	30,359	29,498	28,657

Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.

Documents

Announcements

All announcements on NSE →

Annual reports

Credit ratings

Concalls & investor meets

Filings made by the company with NSE; documents open on NSE's website.

Key dates

Ex-dividend date: 23 Sep 2026
Latest quarter: 30 Jun 2026
Financial year end: 31 Mar 2026

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Questions about Dev Information Technology Limited

What is the share price of Dev Information Technology Limited today?

Dev Information Technology Limited (DEVIT) last traded at ₹19.66 on NSE (16 Oct 2026, 3:29 PM IST). Prices may be delayed.

What is the market cap of Dev Information Technology Limited?

About ₹112 crore at the latest price.

What is the P/E ratio of Dev Information Technology Limited?

About 1.5 times its earnings over the last 12 months.

Is Dev Information Technology Limited a good investment?

We do not give views on individual shares. Whether any share suits you depends on your goals, time horizon and risk appetite; for long-term goals, a diversified mutual fund is often a simpler way to own shares. Investments in securities markets are subject to market risks.

How can I buy Dev Information Technology Limited shares?

You need a trading and demat account with a SEBI-registered stock broker. We can help you open one through Parshvanath Investments, an Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539). We provide execution and account service only, not tips or research.

Important. Prices from NSE via Yahoo Finance. Quarterly and annual results, shareholding and documents are taken from the filings the company made with NSE; balance sheet, cash flow and valuation figures are compiled by Yahoo Finance; ratios are computed by us from them. Figures may be delayed or revised. This page is for information only: it is not research, a recommendation or an offer to buy or sell any security. Investments in securities markets are subject to market risks; read all related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934); share broking is offered through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539).

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Dev Information Technology Limited share price

Price chart

Quick take

Pros

Cons

AI analysis

About Dev Information Technology Limited

Peer comparison

Quarterly Results

Profit & Loss

Compounded Sales Growth

Compounded Profit Growth

Stock Price CAGR

Return on Equity

Compounded Sales Growth

Compounded Profit Growth

Stock Price CAGR

Return on Equity

Balance Sheet

Cash Flows

Ratios

Shareholding Pattern

Documents

Announcements

Annual reports

Credit ratings

Concalls & investor meets

Key dates

Trade with our broking desk

Questions about Dev Information Technology Limited

Have a question about this topic?

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