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DEV Information Technology Ltd

DEV Information Technology Ltd

DEVIT Share Price

NSE
24.083.75% (+0.87)
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With a market cap of ₹135 cr, stock is ranked 2,837

Stock is 3.72x as volatile as Nifty

DEVIT Stock Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

Avg

Can be considered moderately valued vs the market

Growth

High

Strong financials and growth story over the years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹135 cr, stock is ranked 2,837

Stock is 3.72x as volatile as Nifty

DEVIT Performance & Key Metrics

DEVIT Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
2.001.970.42%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
23.556.233.12%

DEVIT Analyst Ratings & Forecast

Analyst Ratings data is currently unavailable for this stock

Price Upside

Earnings Growth

Rev. Growth

DEVIT Company Profile

Dev Information Technology Pvt. Ltd. is an information technology (IT) solutions company. The Company is specialized in technical support, e-Governance solutions, software development and Web solutions

Investor Presentation

View older View older 

Jun 5, 2025

PDF
View Older Presentations

DEVIT Similar Stocks (Peers)

Compare with peers Compare with peers 

DEVIT Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
19.48
19.48
1Y Return
25.18%
25.18%
Buy Reco %
67.44
67.44
PE Ratio
19.52
19.52
1Y Return
24.56%
24.56%
Buy Reco %
70.00
70.00
PE Ratio
21.33
21.33
1Y Return
12.81%
12.81%
Buy Reco %
48.65
48.65
PE Ratio
15.84
15.84
1Y Return
29.97%
29.97%
Buy Reco %
26.47
26.47
PE Ratio
31.01
31.01
1Y Return
9.89%
9.89%
Buy Reco %
64.86
64.86
Compare with Peers

DEVIT Sentiment Analysis

DEVIT Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

DEVIT Stock Summary · June 2025

Dev Information Technology has demonstrated robust financial growth, with an 11.38% increase in revenue and significant rises in EBITDA and net profit, driven by strategic contracts in e-governance and a focus on international expansion. The company is enhancing its service offerings in AI, cloud computing, and blockchain, while also investing in innovative products like Talligence to meet evolving market demands. Despite these advancements, challenges persist, particularly in maintaining profitability due to a reliance on lower-margin government contracts and the absence of hardware sales. Management remains optimistic about future growth, particularly in cybersecurity and digital solutions, while emphasizing a balanced approach to human resources amid increasing automation. The commitment to a 'people first' philosophy strengthens client relationships, positioning the company as a comprehensive IT solution provider.

DEVIT Stock Growth Drivers
DEVIT Stock Growth Drivers
8
  • Strong Financial Performance

    The company reported significant financial growth for FY'24-'25, with consolidated revenue rising to Rs. 1,839

  • Expansion into E-Governance and International Markets

    The company has successfully expanded its operations into e-governance projects, securing strategic contracts with government

DEVIT Stock Challenges
DEVIT Stock Challenges
4
  • Low Operating Profit Margins

    The company is currently facing low operating profit margins, which have raised concerns among stakeholders.

  • Dependence on Government Contracts

    A substantial portion of the company's revenue, approximately 55% to 57%, is derived from government

DEVIT Forecast

DEVIT Forecasts

empty forecast

Forecast data is currently unavailable

Forecast data is currently unavailable

Price

Price Upside

Revenue

Revenue Growth

Earnings

Earnings Per Share

DEVIT

DEVIT

Income

Balance Sheet

Cash Flow

DEVIT Income Statement

DEVIT Income Statement

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Quartersep 2023dec 2023mar 2024jun 2024sep 2024dec 2024mar 2025jun 2025sep 2025dec 2025
Total Revenue28.5031.9743.9735.7348.2448.1551.7843.46142.7344.86
Operating & Other expensessubtract25.8929.2937.2429.6737.0144.7148.8039.4345.3650.51
Depreciation/Amortizationsubtract0.300.330.490.750.790.700.790.710.841.08
Interest & Other Itemssubtract0.350.330.400.520.990.510.580.540.710.54
Taxes & Other Itemssubtract0.330.321.691.251.050.500.390.6623.960.01
EPS0.300.310.740.620.600.120.220.1512.75-1.30

DEVIT Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2025FY 2025

Annual report

PDF

Investor Presentation

Jun 5PDF
FY 2024FY 2024

Annual report

PDF
FY 2023FY 2023

Annual report

PDF

Investor Presentation

Nov 24PDF
Nov 23PDF
FY 2022FY 2022

Annual report

PDF
 

DEVIT Stock Peers

DEVIT Past Performance & Peer Comparison

DEVIT Past Performance & Peer Comparison

Comparing 3 stocks from 
Information TechnologyIT Services & Consulting

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
DEV Information Technology Ltd9.121.970.42%
Tata Consultancy Services Ltd19.489.874.82%
Infosys Ltd19.525.423.42%
HCL Technologies Ltd21.335.324.39%

DEVIT Stock Price Comparison

Compare DEVIT with any stock or ETF
Compare DEVIT with any stock or ETF
DEVIT
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DEVIT Holdings

DEVIT Shareholdings

DEVIT Promoter Holdings Trend

DEVIT Promoter Holdings Trend

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 almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

DEVIT Institutional Holdings Trend

DEVIT Institutional Holdings Trend

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 almost stayed constant

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

DEVIT Shareholding Pattern

DEVIT Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding66.63%0.00%0.00%0.33%33.04%

Mar 2025

Jun 2025

Sep 2025

Dec 2025

DEVIT Shareholding History

DEVIT Shareholding History

SepDec '24MarJunSepDec '251.45%1.49%0.45%0.33%0.33%0.33%

DEVIT Insider Trades & Bulk Stock Deals

DEVIT Insider Trades & Bulk Stock Deals

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smallcases containing DEVIT stock

smallcases containing DEVIT stock

Looks like this stock is not in any smallcase yet.

DEVIT Events

DEVIT Events

DEVIT Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

DEVIT Dividend Trend

No dividend trend available

DEVIT Upcoming Dividends

DEVIT Upcoming Dividends

No upcoming dividends are available

DEVIT Past Dividends

DEVIT Past Dividends

Cash Dividend

Ex DateEx DateSep 23, 2025

Final
Final | Div/Share: ₹0.10

Dividend/Share

0.10

Ex DateEx Date

Sep 23, 2025

Cash Dividend

Ex DateEx DateNov 26, 2024

Interim 1
Interim 1 | Div/Share: ₹0.25

Dividend/Share

0.25

Ex DateEx Date

Nov 26, 2024

Cash Dividend

Ex DateEx DateSep 23, 2024

Final
Final | Div/Share: ₹0.25

Dividend/Share

0.25

Ex DateEx Date

Sep 23, 2024

Cash Dividend

Ex DateEx DateSep 22, 2023

Final
Final | Div/Share: ₹0.25

Dividend/Share

0.25

Ex DateEx Date

Sep 22, 2023

Cash Dividend

Ex DateEx DateSep 22, 2022

Final
Final | Div/Share: ₹0.25

Dividend/Share

0.25

Ex DateEx Date

Sep 22, 2022

DEVIT Stock News & Opinions

DEVIT Stock News & Opinions

Earnings
Dev Information Technology reports consolidated net loss of Rs 7.27 crore in the December 2025 quarter

Net loss of Dev Information Technology reported to Rs 7.27 crore in the quarter ended December 2025 as against net profit of Rs 1.73 crore during the previous quarter ended December 2024. Sales declined 7.48% to Rs 44.14 crore in the quarter ended December 2025 as against Rs 47.71 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales44.1447.71 -7 OPM %-14.436.29 - PBDT-6.192.93 PL PBT-7.272.22 PL NP-7.271.73 PL Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Dev Information Technology to declare Quarterly Results

Dev Information Technology will hold a meeting of the Board of Directors of the Company on 10 February 2026.Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Spotlight
Dev IT gains on bagging Rs 29 lakh order from GIFT City

The order entails the procurement of AutoCAD licenses along with a three-year subscription for operations in the DTA area of GIFT City. The contract has been awarded on a fixed-cost basis and is to be executed over a period of approximately three years. Dev Information Technology (Dev IT) is in the business of providing IT-enabled services, offering solutions across cloud services, digital transformation, enterprise applications, and managed IT services. Its product portfolio includes offerings such as Talligence and ByteSigner. The company's consolidated net profit climbed 786.3% to Rs 71.88 crore on a 35% rise in revenue from operations to Rs 48.51 crore in Q2 FY26 over Q2 FY25.Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Spotlight
Dev IT gains on strategic alliance With XDuce

XDuce is a global technology group that blends digital engineering with AI product innovation, design -led storytelling, and a dedicated talent engine. It is building a growing portfolio of AI platforms across BFSI, education, legal, vendor operations, citizen services, and trust, helping clients modernize faster and operate with greater confidence. The said alliance will strengthen go-to-market efforts and customer engagement across the United States and Canada while expanding solution offerings in areas such as AI, blockchain, cybersecurity and data to address evolving enterprise needs. The partnership will also enhance Dev IT's regional presence in North America and expand its global delivery capacity, supported by strong operational governance. Pranav Pandya founder & chairman, said, 'This alliance with XDuce is a strategic step in how we scale, faster market access in North America, deeper delivery capability, and a sharper focus on AI-led transformation. Together, we're combining strong client access with proven execution to deliver outcomes with greater speed, governance, and confidence.' Dev Information Technology (Dev IT) is in the business of providing IT-enabled services, offering solutions across cloud services, digital transformation, enterprise applications and managed IT services. Its product portfolio includes offerings such as Talligence and ByteSigner. The company's consolidated net profit climbed 786.3% to Rs 71.88 crore on a 35% rise in revenue from operations to Rs 48.51 crore in Q2 FY26 over Q2 FY25.Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Dev Information Tech jumps after bagging Rs 26 lakh order

The order is for the supply of AutoCAD along with specialised toolsets under a fixed-cost contract. The scope includes industry-specific productivity tools, compliance and auditability, and operational readiness and support. The company said the order will be executed over a period of around two months. The services will be delivered for Goa Shipyard, a Government of India undertaking under the Ministry of Defence. Dev Information Technology clarified that the order has been awarded by a domestic entity and does not fall under related-party transactions. Earlier on 1 January 2026, the firm announced that it had secured an order worth Rs 1.90 crore from Gujarat's Directorate of Food and Civil Supplies. The two-month contract involves providing an RDBMS platform for multiple digital service portals, including e-Rasan, My Ration and DBT applications. Dev Information Technology is an IT services company providing cloud services, digital transformation, enterprise applications, and managed IT services. The company's consolidated net profit climbed 786.3% to Rs 71.88 crore on a 35% rise in revenue from operations to Rs 48.51 crore in Q2 FY26 over Q2 FY25. Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Dev IT gains after bagging Rs 2-cr order

According to an exchange filing, the order is for the Relational Database Management System (RDBMS) software platform used in the digital portal to provide services including the e-Rasan application, My Ration mobile app & portal, Direct Benefit Transfer (DBT) portal, and Jan Seva & Digital Sevasetu app. The contract is expected to be executed over a period of approximately two months. The company clarified that none of its promoters or members of the promoter group have any interest in the awarding entity, and the transaction does not qualify as a related-party transaction under applicable regulatory norms. Dev Information Technology (Dev IT) is in the business of providing IT-enabled services. The company's consolidated net profit climbed 786.3% to Rs 71.88 crore on a 35% rise in revenue from operations to Rs 48.51 crore in Q2 FY26 over Q2 FY25. Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
DEVIT wins order of Rs 1.90 cr

Dev Information Technology (DEVIT) secured an order of Rs 1.90 crore from 'Directorate of Food and Civil Supplies' an Undertaking of Food Civil Supplies and Consumer Affairs Department Gujarat ' for Relational Database Management System Software (RDBMS) platform used in the digital portal for providing the following services: e-Rasan Application My Ration Mobile App & Portal  Direct Benefit Transfer (DBT) Portal Jan Seva & Digital Sevasetu AppPowered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Dev IT bags Rs 9-cr orders across government, enterprise segments

In an exchange filing, the company said it has received an order worth Rs 6.97 crore from the Knowledge Consortium of Gujarat, a Government of Gujarat entity. The contract involves Microsoft Office Suite'based automation across government educational institutions and is scheduled to be completed on or before 5 February 2026. The company has also bagged an order worth Rs 0.93 crore from National Informatics Centre Services Incorporated (NICSI). The scope of work includes application software and website development for the Bureau of Indian Standards, New Delhi, with an expected execution period of around six months. Additionally, Dev Information Technology secured an enterprise segment order worth Rs 0.71 crore from Vishakha Group. This project includes enterprise software licensing, migration of over 550 users, and IT infrastructure implementation and is expected to be executed within three to four months. The company said these order wins are expected to improve resource utilisation across its delivery teams and drive steady execution, operating leverage, and disciplined growth. The balanced mix of government and enterprise contracts also reinforces Dev IT's positioning in large-scale ABCD (AI, Blockchain, Cybersecurity, Data) digital transformation programs. Pranav Pandya, founder & chairman, said, We are encouraged by the steady momentum in order inflows across government and enterprise segments, which strengthens our near-term order book visibility. We will continue to prioritize timely execution and delivery quality.' Dev Information Technology (Dev IT) is in the business of providing IT-enabled services. The company's consolidated net profit climbed 786.3% to Rs 71.88 crore on a 35% rise in revenue from operations to Rs 48.51 crore in Q2 FY26 over Q2 FY25. Powered by Capital Market - Live

2 months agoCapital Market - Live
Earnings
Dev Information Technology consolidated net profit rises 756.38% in the September 2025 quarter

Net profit of Dev Information Technology rose 756.38% to Rs 71.85 crore in the quarter ended September 2025 as against Rs 8.39 crore during the previous quarter ended September 2024. Sales rose 34.97% to Rs 48.51 crore in the quarter ended September 2025 as against Rs 35.94 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales48.5135.94 35 OPM %6.47-3.01 - PBDT3.1010.24 -70 PBT2.269.45 -76 NP71.858.39 756 Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Dev Information Technology to hold board meeting

Dev Information Technology will hold a meeting of the Board of Directors of the Company on 12 November 2025.Powered by Capital Market - Live

3 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of DEV Information Technology Ltd (DEVIT) today?

    The share price of DEVIT as on 2nd March 2026 is ₹24.08. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on DEV Information Technology Ltd (DEVIT) share?

    The past returns of DEV Information Technology Ltd (DEVIT) share are
    • Past 1 week: -9.06%
    • Past 1 month: -22.05%
    • Past 3 months: -40.01%
    • Past 6 months: -44.66%
    • Past 1 year: -44.63%
    • Past 3 years: -40.54%
    • Past 5 years: 85.23%

  3. What are the peers or stocks similar to DEV Information Technology Ltd (DEVIT)?

    The peers or stocks similar to DEV Information Technology Ltd (DEVIT) include:

  4. What is the dividend yield % of DEV Information Technology Ltd (DEVIT) share?

    The current dividend yield of DEV Information Technology Ltd (DEVIT) is 0.42.

  5. What is the market cap of DEV Information Technology Ltd (DEVIT) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of DEV Information Technology Ltd (DEVIT) is ₹135.66 Cr as of 2nd March 2026.

  6. What is the 52 week high and low of DEV Information Technology Ltd (DEVIT) share?

    The 52-week high of DEV Information Technology Ltd (DEVIT) is ₹51.16 and the 52-week low is ₹22.25.

  7. What is the PE and PB ratio of DEV Information Technology Ltd (DEVIT) stock?

    The P/E (price-to-earnings) ratio of DEV Information Technology Ltd (DEVIT) is 9.12. The P/B (price-to-book) ratio is 1.97.

  8. Which sector does DEV Information Technology Ltd (DEVIT) belong to?

    DEV Information Technology Ltd (DEVIT) belongs to the Information Technology sector & IT Services & Consulting sub-sector.

  9. How to buy DEV Information Technology Ltd (DEVIT) shares?

    You can directly buy DEV Information Technology Ltd (DEVIT) shares on Tickertape. Simply sign up, connect your demat account and place your order.