Dev Accelerator Limited share price
Dev Accelerator Limited develops and licenses fully serviced office space and allied services in India and internationally. It also offers payroll and facility management; design and execution services; enterprise workspace designing and building, and custom software development services. The company serves large corporates, MNCs, SMEs, and startup. Dev Accelerator Limited was founded in 2017 and is based in Ahmedabad, India.Read more
Real EstateReal Estate ServicesNSE: DEVXISIN INE0VOV01021
16 Oct 2026, 3:29 PM IST₹42.51▼ 0.16 (0.37%)
- Market Cap₹ 402 Cr.
- Current Price₹ 42.51
- High / Low₹ 50 / 30
- Stock P/E34.0
- Book Value₹ 17
- Dividend Yield0.00 %
- ROCE12.1 %
- ROE7.30 %
- Face Value₹ 2.0
More figures (10)
- EPS (TTM)₹ 1.25
- Price / Book2.48
- OPM22.7 %
- Debt / Equity2.00
- Sales growth (3Y)47.8 %
- Profit growth (3Y)—
- Promoter holding72.4 %
- EV / EBITDA5.8
- Beta—
- All-time high₹ 64
Price chart
| Returns | 1M | 3M | 6M | YTD | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| DEVX | +25.18% | +24.33% | +0.43% | +2.98% | -1.98% | — | — |
| 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 Accelerator Limited is in the Real Estate Services industry (Real Estate), with a market value of ₹402 crore.
- It trades at 34.0 times its last 12 months' earnings and 2.5 times book value.
- Revenue grew 47.8% a year over the last 3 years.
- Return on equity was 7.3% and return on capital employed 12.1% in the latest year.
- Debt was 2.00 times shareholders' equity.
- The share price is 15.5% below its 52-week high and down 2.0% over one year.
- Promoters and insiders hold about 72.4%; institutions about 0.0%.
Pros
AINo standout strengths in the reported figures.
Cons
AI- Return on equity has been low: 4.8% on average over the last 3 years.
- Borrowings are high at 2.00 times shareholders' equity.
- Interest cover is thin: operating earnings are 1.4 times the interest cost.
- Other income makes up 68% of profit before tax.
- Institutional (FII + DII) holding has fallen by 5.0 points over 4 quarters.
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 Accelerator Limited
Dev Accelerator Limited develops and licenses fully serviced office space and allied services in India and internationally. It also offers payroll and facility management; design and execution services; enterprise workspace designing and building, and custom software development services. The company serves large corporates, MNCs, SMEs, and startup. Dev Accelerator Limited was founded in 2017 and is based in Ahmedabad, India.
- Employees
- 210
- Head office
- Ahmedabad
Quarterly Results
Consolidated figures in ₹ croreStandalone figures in ₹ crore /
Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.
Profit & Loss
Consolidated figures in ₹ croreStandalone figures in ₹ crore /
| ₹ Cr | Mar 2026 | TTM |
|---|---|---|
| Sales | 226 | 224 |
| 117 | 111 | |
| Material Cost % | 29% | 28% |
| Employee Cost % | 9% | 9% |
| Other Expenses % | 14% | 13% |
| Operating Profit | 109 | 113 |
| OPM % | 48% | 51% |
| 10 | 11 | |
| Exceptional items | 0 | 0 |
| Interest | 44 | 46 |
| Depreciation | 59 | 62 |
| Profit before tax | 16 | 16 |
| 44% | 37% | |
| Current tax | 2 | |
| Deferred tax | 5 | |
| 9 | 10 | |
| Profit from associates | -0 | -0 |
| Minority share | 0 | 0 |
| Profit to shareholders | 9 | 10 |
| EPS in Rs | 1.11 | 1.25 |
Compounded Sales Growth
- TTM:
- -1%
Compounded Profit Growth
- TTM:
- 15%
Stock Price CAGR
- 1 Year:
- -2%
Return on Equity
- 4 Years:
- -259%
- Last Year:
- 7%
| ₹ Cr | Mar 2026 | TTM |
|---|---|---|
| Sales | 171 | 174 |
| 67 | 68 | |
| Material Cost % | 18% | 19% |
| Employee Cost % | 6% | 7% |
| Other Expenses % | 15% | 13% |
| Operating Profit | 103 | 106 |
| OPM % | 61% | 61% |
| 9 | 12 | |
| Exceptional items | 0 | 0 |
| Interest | 44 | 46 |
| Depreciation | 59 | 62 |
| Profit before tax | 10 | 11 |
| 74% | 61% | |
| Current tax | 2 | |
| Deferred tax | 6 | |
| Net Profit | 3 | 4 |
| EPS in Rs | 0.34 | 0.54 |
Compounded Sales Growth
- TTM:
- 2%
Compounded Profit Growth
- TTM:
- 61%
Stock Price CAGR
- 1 Year:
- -2%
Return on Equity
- 4 Years:
- -259%
- Last Year:
- 7%
Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. 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 | 0 | 0 | 13 | 18 |
| Reserves | 1 | 29 | 41 | 168 |
| 235 | 325 | 386 | 370 | |
| Long term borrowings | 24 | 70 | 99 | 81 |
| Short term borrowings | 9 | 31 | 32 | 64 |
| 46 | 57 | 100 | 88 | |
| Trade payables | 17 | 23 | 39 | 37 |
| Minority interest | 0 | 0 | 0 | 0 |
| Current liabilities | 73 | 110 | 150 | 155 |
| Total Liabilities | 282 | 411 | 540 | 644 |
| 228 | 264 | 290 | 343 | |
| Gross block | 232 | 273 | 305 | 366 |
| Accumulated depreciation | 4 | 9 | 16 | 23 |
| Goodwill & intangibles | 0 | 5 | 4 | 16 |
| CWIP | 0 | 0 | 0 | 86 |
| 54 | 146 | 251 | 215 | |
| Inventories | 0 | |||
| Trade receivables | 4 | 12 | 42 | 27 |
| Cash & equivalents | 1 | 1 | 3 | 20 |
| Current assets | 22 | 67 | 109 | 197 |
| Total Assets | 282 | 411 | 540 | 644 |
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 |
|---|---|---|---|---|
| 26 | 8 | 94 | 90 | |
| Profit for the year | -13 | 0 | 2 | 9 |
| Working capital changes | -3 | -54 | 24 | -19 |
| Direct taxes paid | -1 | -3 | -11 | -1 |
| -24 | -41 | -66 | -121 | |
| Fixed assets purchased | -24 | -34 | -12 | -103 |
| Fixed assets sold | 1 | 0 | 5 | |
| Investments purchased | -0 | -8 | -31 | -28 |
| Investments sold | 14 | |||
| -4 | 33 | -25 | 49 | |
| Proceeds from borrowings | 66 | 108 | ||
| Repayment of borrowings | -36 | -94 | ||
| Interest paid | -17 | -31 | -72 | -47 |
| Net Cash Flow | -1 | 3 | 18 | |
| Free Cash Flow | 2 | -27 | 82 | -14 |
Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.
Ratios
| Ratio | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| ROE | -1,049.9% | 2.9% | 4.2% | 7.3% |
| ROCE | 0.3% | 7.4% | 12.0% | 12.1% |
| Operating margin | -0.4% | 18.2% | 17.9% | 22.7% |
| Net margin | -18.4% | 0.4% | 1.1% | 3.9% |
| Debt / equity | 192.37 | 11.29 | 7.04 | 2.00 |
| Current ratio | 0.31 | 0.61 | 0.72 | 1.26 |
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 35.09%
- FIIs 1.36%
- DIIs 3.93%
- Public 59.63%
| % | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|
| Promoters | 36.81% | 36.81% | 36.81% | 35.09% |
| 3.37% | 2.34% | 1.43% | 1.36% | |
| Foreign portfolio investors (Cat. I) | 3.37% | 2.33% | 1.43% | 1.36% |
| Foreign portfolio investors (Cat. II) | 0.01% | |||
| 6.96% | 5.56% | 4.94% | 3.93% | |
| Insurance companies | 0.91% | 0.91% | 0.91% | 0.76% |
| Alternative investment funds | 6.05% | 4.65% | 4.03% | 3.16% |
| 52.86% | 55.29% | 56.82% | 59.63% | |
| Retail (up to ₹2 lakh) | 10.99% | 12.03% | 11.72% | 10.64% |
| HNIs (above ₹2 lakh) | 15.25% | 15.58% | 17.06% | 17.44% |
| NRIs | 0.65% | 0.64% | 0.64% | 0.61% |
| Bodies corporate | 25.33% | 26.23% | 26.58% | 30.16% |
| No. of Shareholders | 25,216 | 21,909 | 19,891 | 19,078 |
Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.
Documents
Announcements
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Dev Accelerator Limited has informed the Exchange about Certificate under Reg 74(5) of SEBI (DP) Regulations, 201806-Oct-2026
- Amendment to AOA/MOADev Accelerator Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.25-Sep-2026
- Shareholders meetingDev Accelerator Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 25, 2026. Further, the company has informed the Exchange r…25-Sep-2026
- Shareholders meetingDev Accelerator Limited has informed the Exchange regarding Proceedings of 6th (Sixth) Annual General Meeting held on September 25, 202625-Sep-2026
- Trading WindowDev Accelerator Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201524-Sep-2026
- Copy of Newspaper PublicationDev Accelerator Limited has informed the Exchange about Newspaper Publications - Post Dispatch Notice of Annual General Meeting to be held on Friday, September 25, 2026.02-Sep-2026
- General UpdatesDev Accelerator Limited has informed the Exchange about Intimation Under Regulation 36(1)(b) and 58(1)(b) of SEBI Listing Regulations01-Sep-2026
- Shareholders meetingDev Accelerator Limited has informed the Exchange regarding Notice of the 6th Annual General Meeting for the Financial Year 2025-2601-Sep-2026
- Copy of Newspaper PublicationDev Accelerator Limited has informed the Exchange about Copy of Newspaper Publication - Pre Dispatch Notice of Annual General Meeting to be held on Friday, September 25, 2026.29-Aug-2026
- Press ReleaseDev Accelerator Limited has informed the Exchange regarding a press release dated August 13, 2026, titled "Q1 FY27 Press Release".13-Aug-2026
- Investor PresentationDev Accelerator Limited has informed the Exchange about Investor Presentation13-Aug-2026
- Copy of Newspaper PublicationDev Accelerator Limited has informed the Exchange about Copy of Newspaper Publication - Unaudited Financial Results for quarter ended June 30, 202613-Aug-2026
Annual reports
Credit ratings
Concalls & investor meets
- Analysts/Institutional Investor Meet/Con. Call UpdatesDev Accelerator Limited has informed the Exchange about Schedule of meet23-Sep-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesDev Accelerator Limited has informed the Exchange about Scheduled of Analyst / Investor Meet held on September 10, 202605-Sep-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesDev Accelerator Limited has informed the Exchange about Transcript18-Aug-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesDev Accelerator Limited has informed the Exchange about Audio Recording of the Earnings Conference Call in relation to the unaudited financial results of the Company for the quart…13-Aug-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesDev Accelerator Limited has informed the Exchange about Schedule of Q1 FY27 Earnings Conference Call to be held on Thursday, August 13, 2026 at 04:00 PM (IST)07-Aug-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesDev Accelerator Limited has informed the Exchange about Transcript26-May-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesDev Accelerator Limited has informed the Exchange about Link of Recording20-May-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesDev Accelerator Limited has informed the Exchange about Schedule of Q4 & FY26 Earnings Conference Call to be held on Wednesday, May 20, 2026 at 02:30 PM (IST).13-May-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesDev Accelerator Limited has informed the Exchange about Scheduled of Analyst / Investor Meet held on March 30, 202625-Mar-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesDev Accelerator Limited has informed the Exchange about Schedule of Investor/Analyst Meet to be held on Monday, March 09, 2026.02-Mar-2026
Filings made by the company with NSE; documents open on NSE's website.
Key dates
- Ex-dividend date
- 1 Jan 1970
- Latest quarter
- 30 Jun 2026
- Financial year end
- 31 Mar 2026
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Questions about Dev Accelerator Limited
What is the share price of Dev Accelerator Limited today?
Dev Accelerator Limited (DEVX) last traded at ₹42.51 on NSE (16 Oct 2026, 3:29 PM IST). Prices may be delayed.
What is the market cap of Dev Accelerator Limited?
About ₹402 crore at the latest price.
What is the P/E ratio of Dev Accelerator Limited?
About 34.0 times its earnings over the last 12 months.
Is Dev Accelerator 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 Accelerator 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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