DEVIT · NSE
Dev Information Technology Limited
₹23.24
+0.52% (+₹0.12)
Prev. close
₹23.12
Volume
24,914
Delivery %
64.8%
As of
23 Sept 2026
Price history
No analyst calls on this stock in the last 90 days yet.
Explore by date range →Analyst opinions
Fundamentals
About Dev Information Technology Limited
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, Microsoft D365 CRM, and business central. It also provides Talligence, a distinct AI-powered Tally BI tool for insights; and ByteSIGNER, a PDF document signing software. The company has a strategic alliance with Xduce Corporation. It serves information technology, financial and fintech services, real estate, construction and infrastructure, manufacturing, industrial and engineering, healthcare, pharmaceuticals and life sciences, retail, FMCG and consumer goods, education and learning, energy, utilities and sustainability, legal, audit and compliance, and travel, transport and logistics industries. Dev Information Technology Limited was incorporated in 1997 and is based in Ahmedabad, India.
Details
Sector
Technology
Industry
Information Technology Services
CEO
Mr. Jaiminbhai Jagdishbhai Shah
Headquarters
Ahmedabad
Employees
1,083
Website
devitpl.comExchange
View on NSE ↗Key stats
Market cap
₹132.44 Cr
P/E ratio (TTM)
1.8
Dividend yield
0.43%
EPS (TTM)
₹13.24
Beta (1Y · daily vs NIFTY 50)
1.07
Beta (5Y · monthly vs NIFTY 50)
1.16
Shares float
1.83 Cr
EPS · quarter ended Jun 2026
₹0.36
Financial Performance
01 · Financials
FY21 growth needs FY20 filings, which the data source doesn't provide. EBITDA is omitted from this chart: coverage begins inside the plotted window, and every plotted period must carry a complete point set — the P&L table below has the available figures.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based
05 · Capital Structure & Asset Utilization
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
07 · Debt Level & Coverage
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| — | ₹99.82 Cr | ₹124.16 Cr | ₹163.58 Cr | ₹170.66 Cr | ₹189.50 Cr | |
| EBITDA | — | ₹5.91 Cr | ₹13.89 Cr | ₹15.31 Cr | ₹23.72 Cr | ₹100.77 Cr |
| ₹0 | ₹0 | ₹8.97 Cr | ₹9.29 Cr | ₹14.87 Cr | ₹75.78 Cr | |
| Diluted EPS | — | ₹0.01 | ₹1.62 | ₹1.67 | ₹2.64 | ₹13.25 |
Revenue, Total expenses (as filed), Employee benefit expense, Depreciation & amortisation, Other expenses, EBITDA, Pretax income, Tax provision, Interest expense, Other income, Diluted EPS have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹62.00 Cr | ₹66.00 Cr | ₹68.00 Cr | ₹95.00 Cr | ₹122.00 Cr | ₹189.00 Cr | |
| — | — | ₹7.29 Cr | ₹14.58 Cr | ₹19.98 Cr | ₹30.61 Cr | |
| Stockholders' equity | ₹33.00 Cr | ₹33.00 Cr | ₹41.00 Cr | ₹55.00 Cr | ₹68.00 Cr | ₹109.00 Cr |
Current assets, Trade receivables, Cash & equivalents, Non-current assets, CWIP, Others, Total debt, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| — | ₹4.77 Cr | ₹-1.65 Cr | ₹-79.22 L | ₹-8.87 Cr | ₹-2.14 Cr | |
| Investing cash flow | — | ₹-1.09 Cr | ₹-64.86 L | ₹-2.11 Cr | ₹9.31 Cr | ₹-96.34 L |
| — | ₹-2.68 Cr | ₹-4.33 Cr | ₹3.80 Cr | ₹-1.94 Cr | ₹7.37 Cr | |
| Capital expenditure | — | ₹-1.54 Cr | ₹-5.77 Cr | ₹-1.99 Cr | ₹-4.55 Cr | ₹-14.31 Cr |
| End cash position | — | ₹8.83 Cr | ₹2.50 Cr | ₹3.40 Cr | ₹1.90 Cr | ₹6.18 Cr |
Operating cash flow, Depreciation & amortization, Change in working capital, Investing cash flow, Financing cash flow, Capital expenditure, End cash position have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21 | Oct 21 | Mar 22 | Jun 22–Sep 22(2Q) | Dec 22 | Mar 23–Jun 23(2Q) | Sep 23 | Dec 23 | Mar 24–Jun 24(2Q) | Sep 24 | Dec 24–Dec 25(5Q) | Mar 26–Jun 26(2Q) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 69.07% | 69.07% | 69.07% | 68.06% | 67.65% | 67.53% | 67.48% | 71.31% | 70.20% | 68.73% | 66.63% | 41.58% |
| Public | 30.92% | 30.94% | 30.93% | 31.94% | 32.35% | 32.47% | 32.52% | 28.69% | 29.80% | 31.27% | 33.37% | 58.42% |
| Employee trusts | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Technology
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Tata Consultancy Services Limited | ₹7.70 L Cr | ₹2,105 | 15.5 | 7.18 | 45.9% | 0.11 | +4.6% | -31.5% |
| Infosys Limited | ₹4.21 L Cr | ₹1,029.4 | 13.3 | — | 33.9% | 0.10 | +4.6% | -31.4% |
| HCL Technologies Limited | ₹3.44 L Cr | ₹1,256.7 | 19.9 | 4.57 | 22.1% | 0.07 | +11.2% | -12.1% |
| Wipro Limited | ₹1.64 L Cr | ₹164.9 | 13.1 | 1.85 | 14.9% | 0.23 | +4.0% | -33.9% |
| Tech Mahindra Limited | ₹1.38 L Cr | ₹1,551.6 | 27.0 | 4.66 | 16.2% | 0.07 | +7.2% | +3.1% |
| LTM Limited | ₹1.23 L Cr | ₹4,085 | 23.6 | 5.13 | 20.9% | 0.10 | +11.3% | — |
| One 97 Communications Limited | ₹1.16 L Cr | ₹1,775 | 178.9 | 7.24 | 3.5% | 0.01 | +21.5% | +50.5% |
| LG Electronics India Limited | ₹1.13 L Cr | ₹1,694.2 | 62.0 | 14.73 | 22.0% | 0.06 | +1.3% | — |
| Oracle Financial Services Software Limited | ₹95,695.65 Cr | ₹10,849 | 28.1 | 12.23 | 33.7% | 0.00 | +12.1% | +19.2% |
| Persistent Systems Limited | ₹83,833.58 Cr | ₹5,240 | 44.0 | 10.70 | 23.8% | 0.06 | +23.5% | -0.0% |
| Coforge Limited | ₹79,868.95 Cr | ₹1,782.4 | 36.9 | 8.37 | 16.3% | 0.08 | +35.8% | +6.9% |
| Dev Information Technology Limited | ₹131.76 Cr | ₹23.24 | 1.7 | 1.20 | 69.3% | 0.28 | +10.4% | -44.3% |
Ranked by market cap within Technology, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Concall transcripts
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.