What is the share price of DEV Information Technology Ltd (DEVIT) today?
The share price of DEVIT as on 12th June 2025 is ₹112.16. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.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: 9.92%
- Past 1 month: 12.12%
- Past 3 months: -2.08%
- Past 6 months: -26.58%
- Past 1 year: -7.50%
- Past 3 years: 15.09%
- Past 5 years: 68.53%
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:What is the dividend yield % of DEV Information Technology Ltd (DEVIT) share?
The current dividend yield of DEV Information Technology Ltd (DEVIT) is 0.44.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 ₹252.74 Cr as of 12th June 2025.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 ₹191 and the 52-week low is ₹94.43.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 17.00. The P/B (price-to-book) ratio is 4.34.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.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.
DEV Information Technology Ltd
DEVIT Share Price
DEVIT Stock Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
HighStrong financials and growth story over the years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
How to use scorecard? Learn more
DEVIT Performance & Key Metrics
DEVIT Performance & Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
16.97 | 4.34 | 0.44% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
29.01 | 8.00 | 2.35% |
DEVIT Analyst Ratings & Forecast
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
DEVIT Sentiment Analysis
DEVIT Sentiment Analysis
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
8Strong 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
4Low 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
DEVIT
DEVIT
Income
Balance Sheet
Cash Flow
DEVIT Income Statement
DEVIT Income Statement
Financial Year | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 64.42 | 69.95 | 78.19 | 72.81 | 85.57 | 100.91 | 131.13 | 165.12 | 183.91 | 183.90 | ||||||||||
Raw Materials | 37.98 | 38.74 | 31.57 | 26.72 | 44.70 | 40.34 | 30.41 | 32.14 | 160.19 | 160.19 | ||||||||||
Power & Fuel Cost | 0.21 | 0.23 | 0.31 | 0.33 | 0.26 | 0.22 | 0.33 | 0.34 | ||||||||||||
Employee Cost | 16.40 | 17.91 | 27.61 | 32.02 | 34.55 | 44.78 | 51.28 | 72.25 | ||||||||||||
Selling & Administrative Expenses | 3.63 | 5.03 | 5.46 | 5.35 | 2.95 | 2.92 | 3.42 | 4.53 | ||||||||||||
Operating & Other expenses | -0.63 | -0.90 | 3.14 | 1.18 | -0.13 | 7.94 | 31.79 | 40.55 | ||||||||||||
EBITDA | 6.83 | 8.94 | 10.10 | 7.21 | 3.24 | 4.71 | 13.90 | 15.31 | 23.72 | 23.71 | ||||||||||
Depreciation/Amortization | 0.75 | 1.75 | 1.79 | 2.04 | 2.13 | 1.82 | 1.25 | 1.40 | 3.04 | 3.03 | ||||||||||
PBIT | 6.08 | 7.19 | 8.31 | 5.17 | 1.11 | 2.89 | 12.65 | 13.91 | 20.68 | 20.68 | ||||||||||
Interest & Other Items | 1.63 | 1.69 | 1.54 | 1.41 | 1.07 | 0.94 | 1.39 | 1.42 | 2.60 | 2.60 | ||||||||||
PBT | 4.45 | 5.50 | 6.77 | 3.76 | 0.04 | 1.95 | 11.26 | 12.49 | 18.08 | 18.08 | ||||||||||
Taxes & Other Items | 1.48 | 1.68 | 2.40 | 0.07 | 0.37 | 1.84 | 2.29 | 3.21 | 3.21 | 3.19 | ||||||||||
Net Income | 2.97 | 3.82 | 4.37 | 3.69 | -0.33 | 0.11 | 8.97 | 9.28 | 14.87 | 14.89 | ||||||||||
EPS | 0.24 | 0.25 | 0.25 | 0.21 | -0.02 | 0.01 | 4.06 | 4.16 | 6.61 | 6.62 | ||||||||||
DPS | 0.06 | 0.06 | 0.06 | 0.06 | 0.00 | 0.25 | 0.25 | 0.25 | 0.50 | 0.50 | ||||||||||
Payout ratio | 0.26 | 0.25 | 0.25 | 0.30 | 0.00 | 22.58 | 0.06 | 0.06 | 0.08 | 0.08 |
DEVIT Company Updates
Investor Presentation
DEVIT Stock Peers
DEVIT Past Performance & Peer Comparison
DEVIT Past Performance & Peer Comparison
Information TechnologyIT Services & Consulting
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
DEV Information Technology Ltd | 17.00 | 4.34 | 0.44% |
Tata Consultancy Services Ltd | 25.59 | 12.97 | 3.67% |
Infosys Ltd | 24.96 | 6.93 | 2.67% |
HCL Technologies Ltd | 26.49 | 6.75 | 3.53% |
DEVIT Stock Price Comparison
Compare DEVIT with any stock or ETFDEVIT Holdings
DEVIT Shareholdings
DEVIT Promoter Holdings Trend
DEVIT Promoter Holdings Trend
In last 6 months, promoter holding in the company has decreased by 2.10%
Pledged promoter holdings is insignificant
DEVIT Institutional Holdings Trend
DEVIT Institutional Holdings Trend
In last 3 months, retail holding in the company has almost stayed constant
In last 3 months, foreign institutional holding of the company has decreased by 1.04%
DEVIT Shareholding Pattern
DEVIT Shareholding Pattern
DEVIT Shareholding History
DEVIT Shareholding History
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 DateNov 26, 2024
Dividend/Share
₹0.25
Ex DateEx Date
Nov 26, 2024
Cash Dividend
Ex DateEx DateSep 23, 2024
Dividend/Share
₹0.25
Ex DateEx Date
Sep 23, 2024
Cash Dividend
Ex DateEx DateSep 22, 2023
Dividend/Share
₹0.25
Ex DateEx Date
Sep 22, 2023
Cash Dividend
Ex DateEx DateSep 22, 2022
Dividend/Share
₹0.25
Ex DateEx Date
Sep 22, 2022
Cash Dividend
Ex DateEx DateAug 18, 2021
Dividend/Share
₹0.50
Ex DateEx Date
Aug 18, 2021
DEVIT Stock News & Opinions
DEVIT Stock News & Opinions
Dev Information Technology announced that the Board of Directors of the Company at its meeting held on 29 May 2025, inter alia, have recommended the final dividend of Rs 0.25 per equity Share (i.e. 5%) , subject to the approval of the shareholders.Powered by Capital Market - Live
Net profit of Dev Information Technology declined 70.53% to Rs 1.22 crore in the quarter ended March 2025 as against Rs 4.14 crore during the previous quarter ended March 2024. Sales rose 18.67% to Rs 51.55 crore in the quarter ended March 2025 as against Rs 43.44 crore during the previous quarter ended March 2024. For the full year,net profit rose 60.06% to Rs 14.87 crore in the year ended March 2025 as against Rs 9.29 crore during the previous year ended March 2024. Sales rose 4.33% to Rs 170.66 crore in the year ended March 2025 as against Rs 163.58 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales51.5543.44 19 170.66163.58 4 OPM %5.3514.27 -6.148.42 - PBDT2.416.33 -62 21.1213.89 52 PBT1.625.84 -72 18.0812.49 45 NP1.224.14 -71 14.879.29 60 Powered by Capital Market - Live
Dev Information Technology will hold a meeting of the Board of Directors of the Company on 29 May 2025.Powered by Capital Market - Live
The National Informatics Centre (NIC) comes under the Ministry of Electronics and Information Technology, Government of India. The first order, awarded by NIC, is for the development, customization, implementation, and maintenance of the IT system and software application for the Rajasthan Mahila Credit Cooperative Federation. The quoted amount for this project is Rs 3.28 crore, and it is expected to be completed within approximately 3 years. The second order was also received from NIC for the development of the CM Kisan & Gopal Credit Card Schemes modules under the Cooperative Management System 2.0 (Raj Sahakar), totaling Rs 52 lakh. It is expected to be completed within approximately 2 years. Dev Information Technology (DEV IT) is a technology solution provider helping companies in their digital transformation from advisory to execution, backed by expert applications and infrastructure management. The company's consolidated net profit added 1.77% to Rs 1.72 crore on a 50.36% rise in revenue from operations to Rs 47.71 crore in Q3 FY25 over Q3 FY24.Powered by Capital Market - Live
The National Informatics Centre (NIC) comes under the Ministry of Electronics and Information Technology, Government of India. The contract is for purpose of data analytics, UI/UX creative design and other such digital media solutions requirements. The project has to be executed within a period of 1 year, Dev Information Technology (DEV IT) is a technology solution provider helping companies in their digital transformation from advisory to execution, backed by expert applications and infrastructure management. The company's consolidated net profit added 1.77% to Rs 1.72 crore on a 50.36% rise in revenue from operations to Rs 47.71 crore in Q3 FY25 over Q3 FY24. Powered by Capital Market - Live
The key equity benchmarks traded with significant gains in mid-morning trade, driven by positive sentiment across global markets. The Nifty traded above 23,050 mark. IT shares advanced, driven by the US Fed keeping interest rates steady and announcing two rate cuts later in the year, which boosted IT stocks. At 11:25 IST, the barometer index, the S&P BSE Sensex, advanced 469.87 points or 0.63% to 75,924.07. The Nifty 50 index jumped 146.05 points or 0.64% to 23,053.65. In the broader market, the S&P BSE Mid-Cap index rose 0.48% and the S&P BSE Small-Cap index added 0.45%. The market breadth was strong. On the BSE, 2,401 shares rose and 1,356 shares fell. A total of 174 shares were unchanged. Buzzing Index: The Nifty IT index advanced 1.50% to 36,766.10. The index declined 1.08% in the past trading session. Tata Consultancy Services (up 1.95%), HCL Technologies (up 1.78%), Mphasis (up 1.52%), Infosys (up 1.43%) and Tech Mahindra (up 1.42%), Coforge (up 1.25%), Wipro (up 1.24%) and LTIMindtree (up 0.88%) advanced. Stocks in Spotlight: Dev Information Technology (DEV IT) shed 0.08%. The firm secured a noteworthy work order worth Rs 1.4 crore from the National Informatics Centre Services (NICSI) for the development of an integrated finance management system (IFMS). NCC jumped 3.96% after the company announced that it had received a letter of acceptance (LoA) worth Rs 2,129.60 crore from the Andhra Pradesh Capital Region Development Authority for construction works in Amaravati Capital City. Global market: US Dow Jones index futures was up 126 points, indicating a positive opening in US stocks today. Most Asian stocks advanced on Thursday following a rally on Wall Street after the Federal Reserve signaled it still sees room to cut interest rates later this year because any increase in inflation due to tariffs will be brief. The People's Bank of China kept the 1-year loan prime rate at 3.1% and the 5-year LPR at 3.6%, where they have been since a quarter-percentage-point cut in October. The rate decision follows the U.S. Federal Reserve's move to hold benchmark interest rates. On Wednesday, the Fed maintained its benchmark overnight interest rate in the 4.25%-4.50% range and signaled that two quarter-point rate cuts are likely later this year, consistent with its forecast from three months ago. This came even as the central bank Fed cut its US economic growth forecasts and raised projections for price growth. The Fed flagged growing uncertainty over the impact of Trump's policies on the economy. As per the the Fed's quarterly economic projections, real GDP growth is expected to slow to 1.7% by the end of 2025, down from the 2.1% forecast in December. The unemployment rate is projected to rise slightly to 4.4%, compared to the previous estimate of 4.3%. Core inflation is now expected to end the year at 2.8%, up from the prior forecast of 2.5%. Trump kept up his threats of reciprocal tariffs coming in April 2- a move that is likely to draw more retaliation from major global economies and spark a renewed trade war. US stocks rallied following the decision amid encouragement that further cuts could be ahead. The Dow jumped 0.92% and the S&P 500 surged just over 1.08%. The Nasdaq Composite gained 1.41%. Tesla stock rose over 4% after advancing its robotaxi plans in California, and Boeing Co. jumped 7% on positive operational performance updates from its CFO. Investors will monitor weekly jobless claims data on Thursday, as well as the Philadelphia Fed's manufacturing survey and a report on existing home sales. On the quarterly earnings front, Darden Restaurants, Nike, FedEx and Micron Technology are set to report Thursday. SoftBank announced on Wednesday its plan to acquire chip designer Ampere Computing for $6.5 billion, with the transaction expected to close in the second half of the yearPowered by Capital Market - Live
The contract entails the design, development, implementation, operation, and maintenance of an integrated finance management system (IFMS) 3.0 for the office of the Directorate of Treasuries and Accounts, Jaipur (Government of Rajasthan). The order is expected to be executed within a time period of approximately 3 months. The total value of the contract is approximately Rs 1.4 crore. Dev Information Technology is a technology solution provider helping companies in their digital transformation from advisory to execution, backed by expert applications and infrastructure management. The company's consolidated net profit added 1.77% to Rs 1.72 crore on a 50.36% rise in revenue from operations to Rs 47.71 crore in Q3 FY25 over Q3 FY24.Powered by Capital Market - Live
Dev Information Technology has secured an order from National Informatics Centre Services, a Government of India Undertaking for the esteemed Project of 'Lok Sabha Secretariat'. It will encompass Design, Development, Implementation and Maintenance of Application Software and Website worth Rs 2.4 crore approximately. Powered by Capital Market - Live
National Informatics Centre Services is a Government of India undertaking project of Lok Sabha Secretariat. The contract entails the design, development, implementation, and maintenance of application software and a website. The order is expected to be executed within a time period of approximately 9 months to 1 year. The broad consideration of the contract is approximately Rs 2.4 crore. Dev Information Technology is a technology solution provider helping companies in their digital transformation from advisory to execution, backed by expert applications and infrastructure management. The company's consolidated net profit added 1.77% to Rs 1.72 crore on a 50.36% rise in revenue from operations to Rs 47.71 crore in Q3 FY25 over Q3 FY24. Shares of Dev Information Technology (DEV IT) rose 0.31% to Rs 129.45 on the BSE.Powered by Capital Market - Live
The contract entails the design, development, implementation, and maintenance of the project, which was expected to span approximately nine months. In the presence of multiple empaneled companies under the national informatics centre (NIC) in Delhi, it is a matter of great honor for DEV IT to be selected for this prestigious project. The selection follows a thorough due diligence process and further reinforces DEV IT's reputation as a trusted technology partner in the e-governance space. This project marked a key milestone in DEV IT's growing footprint in the e-governance sector. Successful execution was anticipated to enhance the company's credibility, unlock opportunities for government collaborations, and facilitate its continued expansion within the public sector. Pranav Pandya, Founder & Chairman (DEV IT), said, 'Winning this prestigious mandate from the Rajya Sabha Secretariat reaffirms our commitment to delivering cutting-edge digital solutions. The selection of DEV IT among multiple empanelled companies under NIC at Delhi underscores the trust placed in our expertise. Our E-Gov North team has consistently demonstrated excellence, and this project further strengthens our leadership in the e-governance space. Beyond enhancing our position in the sector, this work order paves the way for new collaborations with government institutions. Successful execution will reinforce our technical capabilities, credibility, and potential for future opportunities in the public sector. We remain dedicated to leveraging our expertise to drive digital transformation and expand our impact.' Dev Information Technology is a technology solution provider helping companies in their digital transformation from advisory to execution backed by expert applications and infrastructure management. The company's consolidated net profit added 1.77% to Rs 1.72 crore on a 50.36% rise in revenue from operations to Rs 47.71 crore in Q3 FY25 over Q3 FY24.Powered by Capital Market - Live
Over the last 5 years, revenue has grown at a yearly rate of 16.13%, vs industry avg of 11.49%
Over the last 5 years, market share stayed at 0.02%
Over the last 5 years, net income has grown at a yearly rate of 16.26%, vs industry avg of 9.27%