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DEV Information Technology Ltd

DEVIT Share Price

112.162.87% (-3.32)
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With a market cap of ₹252 cr, stock is ranked 2,287

Stock is 4.23x as volatile as Nifty

DEVIT Stock Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

High

Strong financials and growth story over the years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹252 cr, stock is ranked 2,287

Stock is 4.23x as volatile as Nifty

DEVIT Performance & Key Metrics

DEVIT Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
16.974.340.44%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
29.018.002.35%

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
25.59
25.59
1Y Return
10.37%
10.37%
Buy Reco %
70.45
70.45
PE Ratio
24.96
24.96
1Y Return
8.31%
8.31%
Buy Reco %
69.05
69.05
PE Ratio
26.49
26.49
1Y Return
18.24%
18.24%
Buy Reco %
53.85
53.85
PE Ratio
20.65
20.65
1Y Return
8.87%
8.87%
Buy Reco %
29.03
29.03
PE Ratio
37.87
37.87
1Y Return
19.98%
19.98%
Buy Reco %
65.71
65.71
Compare with Peers

DEVIT Sentiment Analysis

DEVIT Sentiment Analysis

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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

Industry refers to the sub-sector this company belongs to.
Higher than Industry Revenue Growth
A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 16.13%, vs industry avg of 11.49%

Constant Market Share
Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share stayed at 0.02%

Higher than Industry Net Income
Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 16.26%, vs industry avg of 9.27%

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Financial YearFY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025TTM
Total Revenue64.4269.9578.1972.8185.57100.91131.13165.12183.91183.90
Raw Materialssubtract37.9838.7431.5726.7244.7040.3430.4132.14160.19160.19
Power & Fuel Costsubtract0.210.230.310.330.260.220.330.34
Employee Costsubtract16.4017.9127.6132.0234.5544.7851.2872.25
Selling & Administrative Expensessubtract3.635.035.465.352.952.923.424.53
Operating & Other expensessubtract-0.63-0.903.141.18-0.137.9431.7940.55
Depreciation/Amortizationsubtract0.751.751.792.042.131.821.251.403.043.03
Interest & Other Itemssubtract1.631.691.541.411.070.941.391.422.602.60
Taxes & Other Itemssubtract1.481.682.400.070.371.842.293.213.213.19
EPS0.240.250.250.21-0.020.014.064.166.616.62
DPS0.060.060.060.060.000.250.250.250.500.50
Payout ratio0.260.250.250.300.0022.580.060.060.080.08

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 Pending

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 Ltd17.004.340.44%
Tata Consultancy Services Ltd25.5912.973.67%
Infosys Ltd24.966.932.67%
HCL Technologies Ltd26.496.753.53%

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

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 2.10%

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

Decreased 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 decreased by 1.04%

Tickertape Separator

DEVIT Shareholding Pattern

DEVIT Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding66.63%0.00%0.00%0.45%32.92%

Jun 2024

Sep 2024

Dec 2024

Mar 2025

DEVIT Shareholding History

DEVIT Shareholding History

Dec '23MarJunSepDec '24Mar0.00%0.00%0.00%1.45%1.49%0.45%

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 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

Cash Dividend

Ex DateEx DateAug 18, 2021

Final
Final | Div/Share: ₹0.50

Dividend/Share

0.50

Ex DateEx Date

Aug 18, 2021

DEVIT Stock News & Opinions

DEVIT Stock News & Opinions

Corporate
Board of Dev Information Technology recommends final dividend

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

1 week agoCapital Market - Live
Earnings
Dev Information Technology consolidated net profit declines 70.53% in the March 2025 quarter

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

1 week 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 29 May 2025.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Spotlight
DEV IT gains on securing order worth Rs 4 cr

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

2 months agoCapital Market - Live
Spotlight
DEV IT edges higher after bagging services supply contract from National Informatics Centre

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

2 months agoCapital Market - Live
Live Market Update
Indices trade with major gains; IT shares jump

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

2 months agoCapital Market - Live
Spotlight
DEV IT gains on bagging order from NICSI

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

2 months agoCapital Market - Live
Corporate
Dev Information Technology wins order from National Informatics Centre Services

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

3 months agoCapital Market - Live
Spotlight
DEV IT bags Rs 2.4 crore order for digital development from NICSI

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

3 months agoCapital Market - Live
Spotlight
DEV IT jumps on bagging order from Rajya Sabha Secretariat

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

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 12th June 2025 is ₹112.16. 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: 9.92%
    • 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%

  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 0.44.

  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 ₹252.74 Cr as of 12th June 2025.

  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 ₹191 and the 52-week low is ₹94.43.

  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 17.00. The P/B (price-to-book) ratio is 4.34.

  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.