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DEV INFO TECHNOLOGY

DEV INFO TECHNOLOGY Latest Share Price (DEVIT)

₹18.00
0.72−3.85%
Overall Score75/100
Day range18
₹18.00
19
52-week18
₹18.00
44
Above low-0.6%
Below high59.1%
Range position0%
Open18.80
Prev Close18.72
Bid17.98100
Ask18.03100

TODAY IN ONE LINE

DEVIT dropped 3.9% on average volume, lagging Nifty's -0.7% move, hovering dangerously near its 52-week low.

With a market cap of ₹104.29 Cr., it trades at a P/E of 2.35. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.

Volume41.8K−19%vs 20D avg
Price Band20
Lower Band14.98
Upper Band22.46
Tick Size0.01
Daily Volatility3.09%
Annualised Vol59.03%
Market Cap₹104.29 Cr.
Promoter37.81%
Face Value₹2
Fwd P/E—
PEG0.02
EV/EBITDA8.74
P/S0.59
ROA-0.01%
Beta1.19
Div Payout0.75%
THE STOCK SCORE
Overall Score75/100
Updated 21 Oct

How good is this company?

Overall performance across 5 key dimensions.

Each card tappable → shows formula + inputs
FLAGS & NEWS

DEV INFO TECHNOLOGY flags & news 

Key strengths, potential risks, and recent updates.

✅ 7 green flags🚩 1 red flag

Green Flags

  • ●Earnings GrowthEPS (TTM) grew by a solid 632.1% YoY
  • ●High Capital EfficiencyROCE of 58.4% indicating pricing power
  • ●Strong Return on EquityHealthy ROE of 67.3%
  • ●Healthy Operating MarginsOPM is structurally strong at 58.9%
  • ●Reasonable ValuationTrading at a moderate P/E of 2.4x
  • ●Virtually Debt-FreeVery low Debt-to-Equity of 0.22x
  • ●Zero Pledge RiskNo recent active promoter pledging found

Red Flags

  • ●Rising Receivables vs SalesReceivables grew 44.1% outpacing sales growth of 4.3%

Latest DEV INFO TECHNOLOGY News

THE CHANGELOG

What changed recently?

Recent events, corporate actions, and announcements.

No recent changes found for this period.
🔒Prime: full history + alerts on this stock
Valuation

DEV INFO TECHNOLOGY valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for DEV INFO TECHNOLOGY, framed against the sector median so the premium or discount is obvious at a glance.

DEV INFO TECHNOLOGY trades at a P/E of 2.35× and P/B of 1.24×.

Key MetricsMarket + reported · 23 Oct 2026Consolidated

Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.

Valuation

Valuation

Market Cap
₹104.29 Cr.
P/E Ratio
2.35
P/B Ratio
1.24
EPS
₹0.37
Profitability

Profitability

ROE
67.3%
ROCE
58.43%
Net Margin
39.99%
Op Margin
58.92%
Growth

Growth

EPS YoY
632.1%
Revenue YoY
4.5%
Qtr Sales
—
Qtr Profit
—
Financial Health

Financial Health

Debt / Equity
0.22
Book Value
₹19.39
Div Yield
0.54%
Promoter Holding
37.81%
Technicals

DEV INFO TECHNOLOGY technical analysis: indicators, pivots and CPR.

Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for DEV INFO TECHNOLOGY — derived from the latest tape, not yesterday's close.

DEV INFO TECHNOLOGY last traded at ₹18 with an intraday range of ₹17.51–₹18.8 — latest indicator, pivot and CPR signals below.

Last updated: 23 October 2026, 2:26 pm IST

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Last: ₹18.00
LevelPrice (₹)Distance% Δ
R421.28+3.28+18.20%
R319.99+1.99+11.04%
R219.39+1.39+7.74%
R118.70+0.70+3.87%
PIVOT18.100.100.57%
CURRENT18.00——
S117.41-0.59-3.30%
S216.81-1.19-6.59%
S316.12-1.88-10.46%
S414.83-3.17-17.63%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 18.05P: 18.10TC: 18.16
R1
R2
R3
R4
indicator
LTP: 18.00
PDH: 19.22
PDL: 18.11
● Market Sentiment

DEVIT is trading Below CPR, indicating Bearishness

● CPR Width

CPR is Wider, suggesting unlikely for trending moves

● Opening Range

Day's range: ₹18.18–₹18.8

● Price Position

Trading Below opening range, showing Bearishness

Financials

DEV INFO TECHNOLOGY financials: P&L, balance sheet, cash flow, ratios.

Reported annual and quarterly results for DEV INFO TECHNOLOGY — consolidated or standalone — with margins, YoY growth and key ratios inline.

DEV INFO TECHNOLOGY reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹104.29 Cr. and reported EPS of ₹0.37.

iTap any row for a plain-English meaning▲▼Change vs a year ago — green means the move is healthy for that line, red means it isn’tDerivedCalculated by us, not reported directly
Mobile view
Latest vs previous year
MetricMar 2026May 2026
Revenue from Operations190
190
▲ 0.0%
Sales Growth YoY %Derived11.04%
11.04%
Other Income4
4
▲ 0.0%
Total Income193
193
▲ 0.0%
85
85
▲ 0.0%
Gross ProfitDerived105
105
▲ 0.0%
Gross Margin %Derived55.30%
55.30%
102
102
▲ 0.0%
EBITDA (Operating Profit)Derived3
3
▲ 0.0%
OPM %Derived1.71%
1.71%
100
100
▲ 0.0%
Profit Before Tax (PBT)95
95
▲ 0.0%
19
19
▲ 0.0%
Effective Tax %Derived20.21%
20.21%
Total Profit for Period76
76
▲ 0.0%
Less: Non-controlling Interests-0
-0
▲ 0.0%
Net Profit (Owner's PAT)Derived76
76
▲ 0.0%
Net Profit Margin %Derived39.99%
39.99%
PAT Growth YoY %Derived409.51%
409.51%
Earnings Per Share (EPS ₹)13.44
13.44
▲ 0.0%
Diluted Shares Outstanding (Cr)6
6
▲ 0.0%
Share of Profit from Associates/JVs-0
-0
▲ 0.0%
Other Comprehensive Income (Net of Tax)-37
-37
▲ 0.0%
Total Expenses (incl. D&A & Interest)99
99
▲ 0.0%
Material Cost % of RevenueDerived44.25%
44.25%
Employee Cost % of RevenueDerived46.91%
46.91%
Other Cost % of RevenueDerived6.69%
6.69%
Interest Coverage (x)Derived-0.01x
-0.01x
Sales CAGR · 3Y
+3.6%
Sales CAGR · 5Y
+3.0%
PAT CAGR · 3Y
+72.1%
PAT CAGR · 5Y
+52.2%
all values in ₹ Cr unless marked % / x / ₹ · fiscal-period end shown · reported figures via Stockezee financials API · annual results may be audited; quarterly results may be unaudited or limited-review
Segment Analysis

DEV INFO TECHNOLOGY segment analysis : revenue and profit mix.

Disclosed business segments at DEV INFO TECHNOLOGY with their share of revenue and profit, switchable between consolidated and standalone reporting.

DEV INFO TECHNOLOGY discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Thesis

The Bull, Bear, and Flip case for DEV INFO TECHNOLOGY.

Our AI distills the core fundamental drivers supporting DEV INFO TECHNOLOGY, the risks that threaten it, and the quantitative conditions that could weaken the thesis.

DEV INFO TECHNOLOGY's investment case rests on 9 positive markers and 10 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • Net profit margin of 39.99% TTM far exceeds peer median 11.6%, signaling strong pricing power

  • Low debt-to-equity ratio of 0.0027x indicates prudent financial management and stability

  • Stock trades at P/E 2.35x, deeply discounted versus peer median of 32.4x valuation

  • Stable promoter holding of 37.81% ensures aligned long-term vision and governance commitment

  • IT services sector growth driven by digitalization, cloud adoption, and enterprise modernization trends

bear case

Key Risks.

  • Operating cash flow negative ₹4.93 Cr FY2026, persistent trend since FY2023 signals liquidity risk

  • Latest quarterly EPS declined 40.20% YoY despite 21.20% sales growth, earnings quality concern

  • Operating margin of 1.70% latest quarter indicates significant cost pressures and thin efficiency

  • Dividend yield of 0.83% is modest, limiting income appeal for equity investors seeking returns

  • FII holdings dropped to 0% in mid-2023 from 1.81%, signaling foreign investor caution

flip conditions

Flip Conditions.

  • Valuation risk. a P/E above 3 would leave less room for earnings disappointment.

  • Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.

  • Watch interest coverage if debt-to-equity climbs above 1.00. Balance sheet risk re-prices growth multiples fast.

  • Return-quality risk. ROE below 62% would indicate weaker capital compounding.

Shareholding

DEV INFO TECHNOLOGY shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in DEV INFO TECHNOLOGY — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

Annual • Jun 2026

Promoters37.81%
Public58.09%
FII0.33%
Promoter3.77%

Ownership Distribution

Promoters
37.81%
Retail & Public
58.09%
Foreign Institutions
0.33%
Promoter Foreign
3.77%

Category Trends

Foreign Institutions Breakdown
Total Holding: 0.33%
Net Change: +0.00%
Detailed Institutions1 institutions
Total Holding0.00%
Net Change+0.00%
Institution Name
Trend (Last 6)
Holding %
QoQ Change
YoY ChangePeriod
NEXPACT LIMITED
0.00%
0.00%
0.00%
Jun 2026
Peers

DEV INFO TECHNOLOGY peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — DEV INFO TECHNOLOGY is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
L&T TECHNOLOGY SER.
₹41,650 Cr
Best Profit Growth
CYIENT
65.95 %
Highest Dividend Yield
EXPLEO SOLUTIONS
13.04 %
09 · Chart Patterns

DEV INFO TECHNOLOGY chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for DEV INFO TECHNOLOGY — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.

Delivery Conviction

DEV INFO TECHNOLOGY delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for DEV INFO TECHNOLOGY over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in DEV INFO TECHNOLOGY stood at 68.2% of traded volume, against a 20-day average of 66.8%.

Avg Delivery (20D)66.8%+1.4 ppt latest vs avg
Highest Delivery83%on 24 Sept
Avg Volume (20D)51.9 K20-day run-rate
Conviction Trend↓ Weakening+1.4 ppt latest read
Volume & Delivery · last 20 sessions
Exchange Filings & Investor Updates

DEV INFO TECHNOLOGY announcements: results, concalls, ratings, M&A.

Filings DEV INFO TECHNOLOGY sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

DEV INFO TECHNOLOGY files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 125 documents below.

  1. 01 Oct 2026Shareholders meetingView PDF

    Shareholders meeting

    Dev Information Technology Limited has submitted the Exchange a copy Srutinizers report of undefined held on September 30, 2026. Further, the…

  2. 30 Sept 2026Trading WindowView PDF

    Trading Window

    Dev Information Technology Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading)…

  3. 30 Sept 2026AppointmentView PDF

    Appointment

    Dev Information Technology Limited has informed the Exchange regarding Appointment of Appointment of Mr. Jayesh Dave as Other (Non-executive,…

  4. 30 Sept 2026Shareholders meetingView PDF

    Shareholders meeting

    Outcome Of The 29TH Annual General Meeting.

  5. 24 Sept 2026Analysts/Institutional Investor Meet/Con. Call UpdatesView PDF

    Analysts/Institutional Investor Meet/Con. Call Updates

    Dev Information Technology Limited has informed the Exchange about

§ 10b · Reports & Decks

Investor decks & rating reports.

Corporate Actions

DEV INFO TECHNOLOGY dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue DEV INFO TECHNOLOGY has declared, sequenced by announce and record date.

DEV INFO TECHNOLOGY corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

Insider Activity

DEV INFO TECHNOLOGY insider trading: promoter and management activity.

Promoter, director and designated-employee transactions in DEV INFO TECHNOLOGY as reported to SEBI — buying and selling signals from the people who know the business best.

DEV INFO TECHNOLOGY insider activity below tracks 16 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).

InsiderCategoryTxn DateActionQuantityValue (₹)Price
Jaimin Jagdishbhai ShahInsider25 Mar 2026buy+1.00 L₹26.92 L₹26.92
Jaimin Jagdishbhai ShahInsider25 Mar 2026buy+1.00 L₹26.92 L₹26.92
Jaimin Jagdishbhai ShahInsider25 Mar 2026buy+1.00 L₹26.92 L₹26.92
Jaimin Jagdishbhai ShahInsider25 Mar 2026buy+1.00 L₹26.92 L₹26.92
Jaimin Jagdishbhai ShahInsider25 Mar 2026buy+1.00 L₹26.92 L₹26.92
Pravinaben Pradyumna ShahInsider05 Mar 2026buy+10.00 L₹2.67 Cr.₹26.68
Pranav Niranjan PandyaInsider02 Mar 2026buy+15.00 L₹3.51 Cr.₹23.40
Kruti Pranav PandayInsider02 Mar 2026buy+6.24 L₹1.47 Cr.₹23.50
Jaimin Jagdishbhai ShahInsider02 Mar 2026buy+29.64 L₹6.89 Cr.₹23.25
AARTI PRERAK SHAHInsider02 Mar 2026buy+10.00 L₹2.41 Cr.₹24.08
About the Company

About DEV INFO TECHNOLOGY: business, sector, key facts.

What DEV INFO TECHNOLOGY does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

DEV INFO TECHNOLOGY operates in the IT Enabled Services industry under the Information Technology sector, listed as NSE: DEVIT, BSE: 543462.

DEVIT
Information Technology

DEV INFO TECHNOLOGY

NSE · DEVIT·BSE · 543462·www.devitpl.com

DEVIT, or Dev Information Technology Limited, is an Indian information technology (IT) services company operating both domestically and internationally. Their core business revolves around providing a comprehensive suite of IT solutions to a diverse clientele. This includes a wide range of services designed to meet the evolving technological needs of businesses of all sizes.

A significant portion of DEVIT's business centers around cloud services. They offer a complete spectrum of cloud-based solutions, ranging from initial cloud advisory and strategic planning to the complex implementation and management of cloud applications. This encompasses application modernization to leverage cloud capabilities, fully managed cloud environments, enterprise DevOps support for streamlined development processes, and robust backup and recovery services ensuring business continuity.

Beyond cloud services, DEVIT provides crucial managed IT services focusing on maintaining and optimizing clients' IT infrastructure. This includes managed digital workplaces, ensuring efficient and secure user experiences, and comprehensive data center support services to guarantee optimal performance and uptime. Their application development capabilities are equally strong, encompassing bespoke software development tailored to specific client needs, the creation of eGov platforms for government agencies, and the development of mobile applications for enhanced user engagement.

DEVIT also plays a vital role in assisting businesses with their digital transformation journeys. Their digital transformation services encompass a variety of solutions aimed at modernizing business operations and enhancing competitiveness. This includes modern workplace strategies, Microsoft 365 migration services for seamless transitions, solutions for hybrid and remote work environments, crucial cybersecurity services to protect sensitive data, powerful data analytics capabilities for informed decision-making, and innovative blockchain solutions to improve security and transparency.

Finally, DEVIT offers a range of enterprise applications built around Microsoft's robust ecosystem. They specialize in the implementation and support of Microsoft Dynamics 365 solutions, including D365 Finance & Operations (F&O), D365 Customer Relationship Management (CRM), D365 Business Central, and the Microsoft Power Platform, providing clients with integrated and scalable enterprise-grade applications. Established in 1997 and headquartered in Ahmedabad, India, DEVIT has a proven track record of delivering high-quality IT solutions to a global client base.

company facts
Employees—
SectorInformation Technology
HeadquartersAhmedabad, India
Market Cap₹104.29 Cr.
Listed OnNSE
leadership37 on record
Dr. Rama Moondra
Non-Executive Independent Director
Dr. Venkata Rao Velamuri
Non-Executive Independent Director
Mr. Bhavin Sanjaybhai Bhagat
Non-Executive Independent Director
Mr. Debashish Ghosh
Senior Project Manager
Mr. Devaang Bhatt
Associate Vice President - International Business
Mr. Devang Bhatt
Business Development Manager
Mr. Harshil Hemant Shah
Chief Financial Officer Accounts
Mr. Harshil Shah
Chief Financial Officer
Mr. Hiren Patel
Non-Executive Independent Director
Mr. Jaiminbhai Jagdishbhai Shah
Founder, MD, CEO & Director
Mr. Jaimin Shah
Co-Founder, Managing Director, Director
Mr. Kaushal Vyas
Head - Business Development, Licensing
§ ∞ · Plainly Answered

Questions investors ask about DEV INFO TECHNOLOGY (DEVIT).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of DEV INFO TECHNOLOGY (DEVIT)?

The current share price of DEV INFO TECHNOLOGY (DEVIT) is ₹18.00. Today, the stock has declined by ₹0.72 (3.85%), trading in a range of ₹17.51 to ₹18.80. The stock opened at ₹18.80 with a trading volume of 41,803 shares.

02Is DEV INFO TECHNOLOGY stock a good investment for long-term?

DEV INFO TECHNOLOGY can be considered for long-term investment based on several factors. The company has a market capitalization of ₹104.29 Cr., P/E ratio of 2.35, ROE of 67.3%, and ROCE of 58.43%. The dividend yield stands at 0.54%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of DEV INFO TECHNOLOGY stock?

The 52-week high price of DEV INFO TECHNOLOGY (DEVIT) is ₹44.00, while the 52-week low is ₹18.11. Currently trading at ₹18.00, the stock is -0.61% above its 52-week low and 59.09% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy DEV INFO TECHNOLOGY stock at the current price?

Whether to buy DEV INFO TECHNOLOGY stock at ₹18.00 depends on multiple factors. The stock is currently trading with a P/E ratio of 2.35 and P/B ratio of 1.24. Today's performance shows a loss of 3.85%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of DEV INFO TECHNOLOGY and when is the next dividend?

DEV INFO TECHNOLOGY offers a dividend yield of 0.54%, which means for every ₹100 invested at the current price of ₹18.00, you can expect to receive approximately ₹0.54 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of DEV INFO TECHNOLOGY?

DEV INFO TECHNOLOGY's key financial metrics include: P/E Ratio: 2.35, P/B Ratio: 1.24, ROE: 67.3%, ROCE: 58.43%, Dividend Yield: 0.54%, EPS: ₹0.37, Book Value: ₹19.39, and Debt-to-Equity: 0.22. The company's market cap stands at ₹104.29 Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is DEV INFO TECHNOLOGY stock performing today in the market?

DEV INFO TECHNOLOGY stock opened at ₹18.80 and is currently trading at ₹18.00, showing a decline of ₹0.72 (3.85%). The intraday high is ₹18.80 and low is ₹17.51. The trading volume stands at 41,803 shares, indicating moderate market participation today.

08What is the P/E ratio of DEV INFO TECHNOLOGY and what does it indicate?

DEV INFO TECHNOLOGY has a Price-to-Earnings (P/E) ratio of 2.35, which means investors are willing to pay 2.35 for every ₹1 of earnings. With an EPS of ₹0.37, this P/E ratio suggests the stock may be undervalued or facing growth challenges. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about DEV INFO TECHNOLOGY (DEVIT) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.