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Dev Accelerator Ltd

Dev Accelerator Ltd

DEVX Share Price

NSE
32.213.27% (-1.09)
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With a market cap of ₹304 cr, stock is ranked 2,365

Stock is 3.31x as volatile as Nifty

DEVX Stock Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹304 cr, stock is ranked 2,365

Stock is 3.31x as volatile as Nifty

DEVX Performance & Key Metrics

DEVX Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
30.001.64
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
41.402.991.45%

DEVX Analyst Ratings & Forecast

Analyst Ratings data is currently unavailable for this stock

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.

Investor Presentation

View older View older 

Aug 13, 2026

PDF
View Older Presentations

DEVX Similar Stocks (Peers)

Compare with peers Compare with peers 

DEVX Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
36.13
36.13
1Y Return
17.72%
17.72%
Buy Reco %
95.24
95.24
PE Ratio
33.37
33.37
1Y Return
4.98%
4.98%
Buy Reco %
88.89
88.89
PE Ratio
54.88
54.88
1Y Return
15.48%
15.48%
Buy Reco %
100.00
100.00
PE Ratio
25.88
25.88
1Y Return
7.65%
7.65%
Buy Reco %
75.00
75.00
PE Ratio
51.71
51.71
1Y Return
11.90%
11.90%
Buy Reco %
95.24
95.24
Compare with Peers

DEVX Sentiment Analysis

DEVX Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

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
7
  • Revenue 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
2
  • Litigation-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

end marker

DEVX Forecast

DEVX Forecasts

empty forecast

Forecast data is currently unavailable

Forecast data is currently unavailable

Price

Price Upside

Revenue

Revenue Growth

Earnings

Earnings Per Share

DEVX

DEVX

Income

Balance Sheet

Cash Flow

DEVX Income Statement

DEVX Income Statement

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Quarterjun 2024sep 2024dec 2024mar 2025jun 2025sep 2025dec 2025mar 2026jun 2026
Total Revenue25.1348.8052.0168.3556.9554.5462.0463.3556.75
Operating & Other expensessubtract10.9016.3425.6834.0929.2325.4135.2927.9323.49
Depreciation/Amortizationsubtract11.1314.4413.3216.5414.5114.8014.9414.6417.68
Interest & Other Itemssubtract8.7611.3812.2115.1812.2612.649.2510.2814.00
Taxes & Other Itemssubtract0.310.410.120.440.81-0.073.562.590.09
EPS-0.920.980.980.320.020.26-0.150.980.16

DEVX Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2027FY 2027

Annual Report Pending

Investor Presentation

Aug 13PDF
FY 2026FY 2026

Annual report

PDF

Investor Presentation

May 20PDF
Jan 31PDF
Nov 11PDF
 

DEVX Stock Peers

DEVX Past Performance & Peer Comparison

DEVX Past Performance & Peer Comparison

Comparing 3 stocks from 
Real EstateReal Estate

Loading...

StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Dev Accelerator Ltd34.641.64
DLF Ltd36.133.511.24%
Lodha Developers Ltd33.374.880.37%
The Phoenix Mills Limited54.884.700.13%

DEVX Stock Price Comparison

Compare DEVX with any stock or ETF
Compare DEVX with any stock or ETF
DEVX
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DEVX Holdings

DEVX Shareholdings

DEVX Promoter Holdings Trend

DEVX Promoter Holdings Trend

Decreased Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has decreased by 1.73%

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

DEVX Institutional Holdings Trend

DEVX Institutional Holdings Trend

Decreased Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has decreased by 1.08%

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

DEVX Shareholding Pattern

DEVX Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding35.09%0.00%3.93%1.36%59.63%

Sep 2025

Dec 2025

Mar 2026

Jun 2026

DEVX Shareholding History

DEVX Shareholding History

SepMarSepDec '25MarJun0.00%0.00%3.37%2.34%1.43%1.36%

DEVX Insider Trades & Bulk Stock Deals

DEVX Insider Trades & Bulk Stock Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

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

No Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

DEVX has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

Legal Orders

DEVX Dividend Trend

No Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

DEVX has not given any dividends in last 5 years

DEVX Dividends

DEVX Dividends

Hmm, looks like data is unavailable here. Please come back after some time

DEVX Stock News & Opinions

DEVX Stock News & Opinions

Corporate
Corporate
DAL shares are encumbered as promoters guarantee Rs 100 crore in debentures

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.

1 month agoCapital Market - Live
Corporate
Corporate
DAL promoters' 19.65% stake encumbered due to Rs 100 crore debenture issuance

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.

1 month agoCapital Market - Live
Earnings
Earnings
Dev Accelerator consolidated net profit rises 276.19% in the March 2026 quarter

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

4 months agoCapital Market - Live
Corporate
Corporate
Dev Accelerator to conduct board meeting

Dev Accelerator will hold a meeting of the Board of Directors of the Company on 19 May 2026.

4 months agoCapital Market - Live
Corporate
Corporate
Dev Accelerator to discuss results

Dev Accelerator will hold a meeting of the Board of Directors of the Company on 24 March 2026.Powered by Capital Market - Live

6 months agoCapital Market - Live
Earnings
Earnings
Dev Accelerator reports consolidated net loss of Rs 0.99 crore in the December 2025 quarter

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

7 months agoCapital Market - Live
Corporate
Corporate
Dev Accelerator announces board meeting date

Dev Accelerator will hold a meeting of the Board of Directors of the Company on 31 January 2026.Powered by Capital Market - Live

7 months agoCapital Market - Live
Earnings
Earnings
Dev Accelerator consolidated net profit declines 71.59% in the September 2025 quarter

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

10 months agoCapital Market - Live
Corporate
Corporate
Dev Accelerator to table results

Dev Accelerator will hold a meeting of the Board of Directors of the Company on 11 November 2025.Powered by Capital Market - Live

10 months agoCapital Market - Live
Corporate
Corporate
Dev Accelerator announces board meeting date

Dev Accelerator will hold a meeting of the Board of Directors of the Company on 7 October 2025.Powered by Capital Market - Live

11 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. 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.

  2. 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%

  3. 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.

  4. The 52-week high of Dev Accelerator Ltd (DEVX) is ₹63.25 and the 52-week low is ₹29.95.

  5. 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.

  6. Dev Accelerator Ltd (DEVX) belongs to the Real Estate sector & Real Estate sub-sector.

  7. You can directly buy Dev Accelerator Ltd (DEVX) shares on Tickertape. Simply sign up, connect your demat account and place your order.