Dev Information Technology Ltd. NSE: DEVIT | BSE: 543462

Dev Information Technology Ltd. Live Share Price Today, Share Analysis and Chart

114.57 -0.74 (-0.64%)

40.02% Fall from 52W High

49,643 NSE+BSE Volume

NSE 23 Apr, 2025 3:46 PM (IST)

Dev Infotech Key Metrics

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All financials are in INR Cr and price data in INR
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High Financial Strength
75.0 / 100
Mid Valuation
48.7 / 100
Technically Neutral
39.4 / 100
Mid-range Performer These stocks are with strong quality. Their reasonable financials and technical aspects successfully gather investor's interest. View Similar Embed DVM

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Dev Infotech Stock Analysis

Dev Infotech stock analysis with key metrics, changes, and trends.

Dev Infotech MetricVALUECHANGE %TRENDANALYSIS
Annual Revenue₹165.12 Cr25.92%positive

Annual Revenue rose 25.92%, in the last year to ₹165.12 Cr. Its sector's average revenue growth for the last fiscal year was 6.66%.

Annual Net Profit₹9.29 Cr3.49%positive

Annual Net Profit rose 3.49% in the last year to ₹9.29 Cr. Its sector's average net profit growth for the last fiscal year was 6.95%.

Price to Earning Ratio14.51-positive

Price to Earning Ratio is 14.51, lower than its sector PE ratio of 27.64.

Stock Price₹114.57-4.88%negative

Stock Price fell 4.88% and underperformed its sector by 9.32% in the past year.

Quarterly Revenue₹48.15 Cr50.34%positive

Quarterly Revenue rose 50.34% YoY to ₹48.15 Cr. Its sector's average revenue growth YoY for the quarter was 6.46%.

Quarterly Net profit₹1.73 Cr1.7%positive

Quarterly Net profit rose 1.7% YoY to ₹1.73 Cr. Its sector's average net profit growth YoY for the quarter was 0.64%.

Debt to Equity Ratio0.23-positive

Debt to Equity Ratio of 0.23 is less than 1 and healthy. This implies that its assets are financed mainly through equity.

Return on Equity(ROE)16.75 %16.75%neutral

Return on Equity(ROE) for the last financial year was 16.75%, in the normal range of 10% to 20%.

Mutual Fund Holding0.00 %0%neutral

Mutual Fund Holding remained the same in the last quarter at 0%.

Promoter Share Holding66.63 %0%neutral

Promoter Share Holding stayed the same in the most recent quarter at 66.63%.

Interest Coverage Ratio10.8-positive

Interest Coverage Ratio is 10.8, higher than 1.5. This means that it is able to meet its interest payments comfortably with its earnings (EBIT).

Promoter Pledges0.00 %0%positive

Promoter Pledges are zero.

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Earnings Conference Calls, Investor Presentations and Annual Reports

Annual Report Mar-2024
Annual Report Mar-2023
Annual Report Mar-2022

Dev Information Technology Ltd. - Company Profile

What does Dev Information Technology Ltd. do?

Dev Information Technology engaged in the business of providing IT enabled services in the domestic as well as the international market.

Website: www.devitpl.com

Dev Information Technology Ltd. Management structure

All Gross Remunerations are in INR
Harshil Shah
Chief Financial Officer(Accounts)
17.69 Lac
2024-3-31
Gross Remuneration
Year
Krisa Rupalkumar Patel
Company Secretary, Compliance Officer
7.44 Lac
2024-3-31
Gross Remuneration
Year
Sanjay Santoki
COE, Systems Architect
-
2024-3-31
Gross Remuneration
Year
Nilay Bhatt
Manager(IT Infrastructure)
-
2024-3-31
Gross Remuneration
Year
Chaitali Shah
HR Manager(Payroll, Operations)
-
2024-3-31
Gross Remuneration
Year
Debashish Ghosh
General Manager(Public Sector Markets)
-
2024-3-31
Gross Remuneration
Year

Dev Information Technology Ltd. Board of directors

All Gross Remunerations are in INR
Jaimin Jagdishbhai Shah
Managing Director
40.4 Lac
2024
Gross Remuneration
Year
Pranav Niranjanbhai Pandya
Chairman & Wholetime Director
37.01 Lac
2024
Gross Remuneration
Year
Prerak Pradyumna Shah
Whole-time Director
36.5 Lac
2024
Gross Remuneration
Year
Vishal Nagendra Vasu
Whole Time Director & CTO
32.55 Lac
2024
Gross Remuneration
Year
Rama Moondra
Independent Director
70K
2024
Gross Remuneration
Year
Venkata Rama Subba Rao Velamuri
Independent Director
55K
2024
Gross Remuneration
Year

Dev Information Technology Ltd. - company history

Dev Information Technology Limited was originally incorporated in Gujarat, as "Dev Information Technology Private Limited", on December 23, 1997, with the Registrar of Companies. Further, Company converted into a Public Limited Company, and name was changed to "Dev Information Technology Limited", and a fresh Certificate of Incorporation dated February 17, 2017, was issued by Registrar of Companies. The journey began in 1997 with a small-scale setup mainly engaged in to business automation software development. Today, the Company works together with its clients across the globe to empower their business with the right mix of information technology, innovation and digital transformation. The Company is engaged in the business of providing a range of Information Technology Industry (IT) solutions. It provides various information technologies and consultancy services, including enterprise solutions, e-governance solutions, ERP and CRM Implementation, IT-infrastructure services, website development, web hosting solutions, and licensing solutions. Apart from this, the Company is also into custom software development with well-defined process to support the customers and partners in web-portal, web and mobile applications, responsive websites, their SEO and social Media Marketing as well as Microsoft Dynamics ERP and CRM. It provides end-to-end IT services with strong managed IT team to monitor and manage the customers severs and infrastructure i.e., 24/7. It has also completed an e-governance project in Guyana, South America as well as served many overseas and local private sector enterprise projects. The Company is associated with National and State level industry bodies like NASCOM and GESIA, as a member. In April 2017, the Company came up with an Initial Public Offer of 14,88,000 Equity Shares by raising capital from public aggregating to Rs 62.49 Crores. The Company incorporated a new subsidiary with 52% contribution in "M/s. Dev Accelerator LLP" in 2017. In 2017, the Company acquired the running business unit Software Development Unit of Hi-Tech iSolutions LLP via agreement dated February 27, 2017. In terms of the said Agreement, 56,500 Equity Shares were allotted by the Company to Hi-Tech iSolutions LLP. In 2019-20, the Company launched the product known 'ByteSIGNER' that provides an easy, automated and secure way to digitally sign invoices, legal documents, etc. It unveiled Talligence, featured in Computer Reseller News (CRN) and which came up with insightful dashboards, easy user management, key performance indicators and secure data transfer. The Company ventured in DevX in 2018. It established Nearshore Center in Canada CMMI DEV/3 Appraised in 2019. The Company acquired 100% stake of M/s. Minddeft Technologies Private Limited as a wholly owned subsidiary in India, effective from March, 2023.

Dev Information Technology Ltd. FAQ

How is Dev Information Technology Ltd. today?
Dev Information Technology Ltd. today is trading in the red, and is down by -0.64% at 114.57.
Dev Information Technology Ltd. is currently trading down -0.64% on an intraday basis. In the past week the stock rose 3.92%. stock has been down -32.61% in the past quarter and fell -4.88% in the past year. You can view this in the overview section.