What is the share price of Dev Accelerator Ltd (DEVX) today?
The share price of DEVX as on 18th September 2026 is ₹32.21. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.What is the return on Dev Accelerator Ltd (DEVX) share?
The past returns of Dev Accelerator Ltd (DEVX) share are- Past 1 week: -1.11%
- Past 1 month: -3.13%
- Past 3 months: -10.35%
- Past 6 months: -19.56%
- Past 1 year: -47.06%
- Past 3 years: N/A%
- Past 5 years: -49.71%
What are the peers or stocks similar to Dev Accelerator Ltd (DEVX)?
The peers or stocks similar to Dev Accelerator Ltd (DEVX) include:What is the market cap of Dev Accelerator Ltd (DEVX) share?
Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Dev Accelerator Ltd (DEVX) is ₹304.81 Cr as of 18th September 2026.What is the 52 week high and low of Dev Accelerator Ltd (DEVX) share?
The 52-week high of Dev Accelerator Ltd (DEVX) is ₹63.25 and the 52-week low is ₹29.95.What is the PE and PB ratio of Dev Accelerator Ltd (DEVX) stock?
The P/E (price-to-earnings) ratio of Dev Accelerator Ltd (DEVX) is 34.64. The P/B (price-to-book) ratio is 1.64.Which sector does Dev Accelerator Ltd (DEVX) belong to?
Dev Accelerator Ltd (DEVX) belongs to the Real Estate sector & Real Estate sub-sector.How to buy Dev Accelerator Ltd (DEVX) shares?
You can directly buy Dev Accelerator Ltd (DEVX) shares on Tickertape. Simply sign up, connect your demat account and place your order.
Dev Accelerator Ltd
DEVX Share Price
NSEDEVX Stock Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is not in the overbought zone
Red flags
LowNo red flag found
How to use scorecard? Learn more
DEVX Performance & Key Metrics
DEVX Performance & Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 30.00 | 1.64 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 41.40 | 2.99 | 1.45% |
DEVX Analyst Ratings & Forecast
Price Upside
Earnings Growth
Rev. Growth
DEVX Company Profile
Dev Accelerator Ltd is an Indian flex space operator providing managed office and coworking spaces, design, and technology solutions across 11 cities, serving over 230 clients with 13,140 seats and 806,635 sq ft area.
DEVX Sentiment Analysis
DEVX Sentiment Analysis
DEVX Stock Summary · August 2026
Management said the quarter showed strong operating momentum, with revenue growth, a richer enterprise mix and a sharp profitability lift across metrics. Q1 FY27 consolidated revenue was INR 53.8 crores, while standalone workspace revenue rose 7.8% year on year to INR 42 crores, supported by enterprise clients contributing about 70% of revenue, up from 52% a year ago. Profitability improved materially as EBITDA expanded and the Ind AS margin reached 66%, alongside a meaningful rise in IGAAP pre-tax profit. Management emphasized that Tier 2 cities remain central to the strategy, accounting for roughly 80% of operational SBA and 74% of standalone revenue, while a 2.38 million square feet signed pipeline and more than 52,000 seats provide room for further conversion. The company is also expanding into GCC solutions, technology-enabled services and development-management-led projects, using Ahmedabad as the template. Near-term, management described FY27 as an execution year focused on bringing signed assets online and entering new micro-markets, while noting that reported liabilities are inflated by lease accounting even as underlying debt metrics improved after repayment.
DEVX Stock Growth Drivers
DEVX Stock Growth Drivers
7Revenue Growth and Monetization of New Capacity
The company delivered solid top-line growth in Q1 FY27, with consolidated revenue reaching INR 53.8
Improving Profitability and Operating Leverage
Profitability strengthened materially across the business, reflecting better operating leverage and stronger underlying earnings quality.
DEVX Stock Challenges
DEVX Stock Challenges
2Litigation-Driven Center Closure and Revenue Loss
The company’s Noida center was shut down because of litigation, which is a clear negative
Higher Leverage from Post-Quarter Debt Raise
The company raised INR 100 crore of senior secured non-convertible debt after the quarter, adding
DEVX Forecast
DEVX Forecasts
DEVX
DEVX
Income
Balance Sheet
Cash Flow
DEVX Income Statement
DEVX Income Statement
| Quarter | jun 2024 | sep 2024 | dec 2024 | mar 2025 | jun 2025 | sep 2025 | dec 2025 | mar 2026 | jun 2026 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 25.13 | 48.80 | 52.01 | 68.35 | 56.95 | 54.54 | 62.04 | 63.35 | 56.75 | |||||||||
| Operating & Other expenses | 10.90 | 16.34 | 25.68 | 34.09 | 29.23 | 25.41 | 35.29 | 27.93 | 23.49 | |||||||||
| EBITDA | 14.23 | 32.46 | 26.33 | 34.26 | 27.72 | 29.13 | 26.75 | 35.42 | 33.26 | |||||||||
| Depreciation/Amortization | 11.13 | 14.44 | 13.32 | 16.54 | 14.51 | 14.80 | 14.94 | 14.64 | 17.68 | |||||||||
| PBIT | 3.10 | 18.02 | 13.01 | 17.72 | 13.21 | 14.33 | 11.81 | 20.78 | 15.58 | |||||||||
| Interest & Other Items | 8.76 | 11.38 | 12.21 | 15.18 | 12.26 | 12.64 | 9.25 | 10.28 | 14.00 | |||||||||
| PBT | -5.66 | 6.64 | 0.80 | 2.54 | 0.95 | 1.69 | 2.56 | 10.50 | 1.58 | |||||||||
| Taxes & Other Items | 0.31 | 0.41 | 0.12 | 0.44 | 0.81 | -0.07 | 3.56 | 2.59 | 0.09 | |||||||||
| Net Income | -5.97 | 6.23 | 0.68 | 2.10 | 0.14 | 1.76 | -1.00 | 7.91 | 1.49 | |||||||||
| EPS | -0.92 | 0.98 | 0.98 | 0.32 | 0.02 | 0.26 | -0.15 | 0.98 | 0.16 |
DEVX Company Updates
Investor Presentation
DEVX Stock Peers
DEVX Past Performance & Peer Comparison
DEVX Past Performance & Peer Comparison
Real EstateReal Estate
Valuation
Technical
Forecast
| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Dev Accelerator Ltd | 34.64 | 1.64 | — |
| DLF Ltd | 36.13 | 3.51 | 1.24% |
| Lodha Developers Ltd | 33.37 | 4.88 | 0.37% |
| The Phoenix Mills Limited | 54.88 | 4.70 | 0.13% |
DEVX Stock Price Comparison
Compare DEVX with any stock or ETFDEVX Holdings
DEVX Shareholdings
DEVX Promoter Holdings Trend
DEVX Promoter Holdings Trend
DEVX Institutional Holdings Trend
DEVX Institutional Holdings Trend
In last 3 months, retail holding in the company has decreased by 1.08%
In last 3 months, foreign institutional holding of the company has almost stayed constant
DEVX Shareholding Pattern
DEVX Shareholding Pattern
DEVX Shareholding History
DEVX Shareholding History
smallcases containing DEVX stock
smallcases containing DEVX stock
Looks like this stock is not in any smallcase yet.
DEVX Events
DEVX Events
DEVX Dividend Trend
DEVX has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
DEVX Dividend Trend
DEVX has not given any dividends in last 5 years
DEVX Dividends
DEVX Dividends
DEVX Stock News & Opinions
DEVX Stock News & Opinions
Dev Accelerator Limited (DAL) disclosed that 1,85,96,640 shares, representing 19.65% of its total share capital, are encumbered due to covenants and obligations within a Debenture Trust Deed and personal guarantees from promoters Parth Shah, Rushit Shah, and Umesh Uttamchandani. The encumbrance, held by Catalyst Trusteeship Limited on behalf of debenture holders, relates to up to Rs 100 crore in Senior, Listed, Secured, Rated, Redeemable, Non-Cumulative, Taxable, Transferable, Non-Convertible Debentures with an Acuite BBB stable rating. Proceeds from the debenture issuance will be used to refinance existing debt, fund capital expenditure for projects in Bangalore and Pune, and support general working capital. While no direct pledge of shares was created, the disclosure is being made to comply with SEBI’s Takeover Regulations and highlights the promoters’ obligations related to the debt instrument.
Dev Accelerator Limited (DAL) disclosed that 1,85,96,640 shares, or 19.65% of its total share capital, are encumbered as of July 31, 2026. This restriction affects shares held by promoters Parth Shah, Rushit Shah, and Umesh Uttamchandani, representing 56.01% of their total holdings. The encumbrance, which does not involve a formal pledge of shares, stems from the company’s recent issuance of Rs 100 crore in senior, secured, and rated debentures with an Acuite BBB | Stable credit rating (ISIN: INE0VOV07051). Proceeds from the debenture issuance will be used to refinance existing debt, fund capital expenditure on projects in Bangalore and Pune, and support general working capital needs. The encumbrance is in place due to covenants and guarantees under a Debenture Trust Deed and Personal Guarantee, restricting certain actions by the promoters and granting Catalyst Trusteeship Limited, acting on behalf of the debenture holders, significant influence over company decisions.
Net profit of Dev Accelerator rose 276.19% to Rs 7.90 crore in the quarter ended March 2026 as against Rs 2.10 crore during the previous quarter ended March 2025. Sales declined 9.39% to Rs 59.26 crore in the quarter ended March 2026 as against Rs 65.40 crore during the previous quarter ended March 2025. For the full year,net profit rose 402.86% to Rs 8.80 crore in the year ended March 2026 as against Rs 1.75 crore during the previous year ended March 2025. Sales rose 42.20% to Rs 225.92 crore in the year ended March 2026 as against Rs 158.87 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales59.2665.40 -9 225.92158.87 42 OPM %54.8147.87 -48.3750.65 - PBDT26.2919.07 38 74.4254.93 35 PBT11.652.54 359 15.532.71 473 NP7.902.10 276 8.801.75 403 Powered by Capital Market - Live
Dev Accelerator will hold a meeting of the Board of Directors of the Company on 19 May 2026.
Dev Accelerator will hold a meeting of the Board of Directors of the Company on 24 March 2026.Powered by Capital Market - Live
Net loss of Dev Accelerator reported to Rs 0.99 crore in the quarter ended December 2025 as against net profit of Rs 0.68 crore during the previous quarter ended December 2024. Sales rose 18.99% to Rs 59.20 crore in the quarter ended December 2025 as against Rs 49.75 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales59.2049.75 19 OPM %40.3948.38 - PBDT16.1814.13 15 PBT1.240.80 55 NP-0.990.68 PL Powered by Capital Market - Live
Dev Accelerator will hold a meeting of the Board of Directors of the Company on 31 January 2026.Powered by Capital Market - Live
Net profit of Dev Accelerator declined 71.59% to Rs 1.77 crore in the quarter ended September 2025 as against Rs 6.23 crore during the previous quarter ended September 2024. Sales rose 50.39% to Rs 51.84 crore in the quarter ended September 2025 as against Rs 34.47 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales51.8434.47 50 OPM %50.9652.60 - PBDT16.4921.08 -22 PBT1.706.64 -74 NP1.776.23 -72 Powered by Capital Market - Live
Dev Accelerator will hold a meeting of the Board of Directors of the Company on 11 November 2025.Powered by Capital Market - Live
Dev Accelerator will hold a meeting of the Board of Directors of the Company on 7 October 2025.Powered by Capital Market - Live
In last 6 months, promoter holding in the company has decreased by 1.73%
Pledged promoter holdings is insignificant