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Dev Information Technology

Dev Information Technology Latest Share Price (DEVIT)

TechnicalsTV Chart
25.80
0.90+3.61%
Overall Score45/100
Day range25
₹25.80
28
52-week22
₹25.80
48
Above low+16.0%
Below high46.2%
Range position14%
Open25.10
Prev Close24.90
Bid25.78100
Ask25.83100

TODAY IN ONE LINE

DEVIT jumped 3.6% on above-average volume (1.6x avg), outperforming Nifty's -0.3% move, with no exchange filing today, suggesting a market-driven move.

With a market cap of ₹146.49 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.

Volume75.9K3%vs 20D avg
Market Cap₹146.49 Cr.
Promoter41.58%
Face Value₹2
Fwd P/E
PEG0.02
EV/EBITDA8.74
P/S0.74
ROA-0.01%
Beta1.2
Div Payout0.75%
THE STOCK SCORE
Overall Score45/100
Updated 24 Aug

How good is this company?

Overall performance across 5 key dimensions.

Each card tappable → shows formula + inputs
FLAGS & NEWS

Dev Information Technology flags & news 

Key strengths, potential risks, and recent updates.

4 green flags🚩 2 red flags

Green Flags

  • Earnings GrowthEPS (TTM) grew by a solid 632.1% YoY
  • Reasonable ValuationTrading at a moderate P/E of 2.4x
  • Virtually Debt-FreeVery low Debt-to-Equity of 0.28x
  • Zero Pledge RiskNo recent active promoter pledging found

Red Flags

  • Poor Capital ReturnsLow ROE of 1.3%
  • Rising Receivables vs SalesReceivables grew 44.1% outpacing sales growth of 4.3%

Latest Dev Information Technology News

THE CHANGELOG

What changed recently?

Recent events, corporate actions, and announcements.

20 AUG 2026
corporate
Press Release - Dev Information Technology Limited has informed the Exchange regarding a press release dated August ...
View PDF
20 AUG 2026
corporate
Bagging/Receiving of orders/contracts - Dev Information Technology Limited has informed the Exchange about Bagging/Receiving of orders/contr...
View PDF
🔒Prime: full history + alerts on this stock
Valuation

Dev Information Technology Limited valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for Dev Information Technology Limited, framed against the sector median so the premium or discount is obvious at a glance.

Dev Information Technology Limited trades at a P/E of 2.35× and P/B of 1.24×.

Key MetricsMarket + reported · 24 Aug 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
₹146.49 Cr.
P/E Ratio
2.35
P/B Ratio
1.24
EPS
₹13.24
Profitability

Profitability

ROE
1.28%
ROCE
3.46%
Net Margin
39.99%
Op Margin
1.7%
Growth

Growth

EPS YoY
632.1%
Revenue YoY
4.5%
Qtr Sales
4.5%
Qtr Profit
645%
Financial Health

Financial Health

Debt / Equity
0.28
Book Value
₹19.13
Div Yield
0.8%
Promoter Holding
41.58%
Technicals

Dev Information Technology Limited technical analysis: indicators, pivots and CPR.

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

Dev Information Technology Limited last traded at ₹25.8 with an intraday range of ₹25.1–₹27.7 — latest indicator, pivot and CPR signals below.

Last updated: 24 August 2026, 12:33 pm IST

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Last: ₹25.80
LevelPrice (₹)Distance% Δ
R432.50+6.70+25.97%
R329.90+4.10+15.89%
R228.80+3.00+11.63%
R127.30+1.50+5.81%
PIVOT26.200.401.55%
CURRENT25.80
S124.70-1.10-4.26%
S223.60-2.20-8.53%
S322.10-3.70-14.34%
S419.50-6.30-24.42%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 26.00P: 26.20TC: 26.40
R1
R2
R3
R4
indicator
LTP: 25.80
PDH: 25.40
PDL: 24.40
● Market Sentiment

DEVIT is trading Below CPR, indicating Bearishness

● CPR Width

CPR is Wider, suggesting unlikely for trending moves

● Opening Range

Day's range: 25.127.7

● Price Position

Trading Above opening range, showing Bullishness

Financials

Dev Information Technology Limited financials: P&L, balance sheet, cash flow, ratios.

Reported annual and quarterly results for Dev Information Technology Limited — consolidated or standalone — with margins, YoY growth and key ratios inline.

Dev Information Technology Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹146.49 Cr. and reported EPS of ₹13.24.

iTap any row for a plain-English meaningChange 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 2025Mar 2026
Revenue from Operations171
190
11.0%
Sales Growth YoY %Derived4.33%
11.04%
Other Income13
4
69.8%
Total Income184
193
5.2%
66
85
27.9%
Gross ProfitDerived104
105
0.4%
Gross Margin %Derived61.19%
55.30%
94
102
8.1%
EBITDA (Operating Profit)Derived10
3
69.1%
OPM %Derived6.14%
1.71%
6
100
1666.0%
Profit Before Tax (PBT)18
95
424.1%
3
19
480.4%
Effective Tax %Derived18.25%
20.21%
Total Profit for Period15
76
411.5%
Less: Non-controlling Interests-0
-0
97.0%
Net Profit (Owner's PAT)Derived15
76
409.5%
Net Profit Margin %Derived8.71%
39.99%
PAT Growth YoY %Derived60.13%
409.51%
Earnings Per Share (EPS ₹)2.64
13.44
409.1%
Diluted Shares Outstanding (Cr)6
6
0.1%
Share of Profit from Associates/JVs
-0
Other Comprehensive Income (Net of Tax)-0
-37
63198.3%
Total Expenses (incl. D&A & Interest)166
99
40.5%
Material Cost % of RevenueDerived39.38%
44.25%
Employee Cost % of RevenueDerived49.98%
46.91%
Other Cost % of RevenueDerived5.07%
6.69%
Interest Coverage (x)Derived2.86x
-0.01x
Sales CAGR · 3Y
+15.1%
PAT CAGR · 3Y
+103.6%
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 Information Technology segment analysis : revenue and profit mix.

Disclosed business segments at Dev Information Technology with their share of revenue and profit, switchable between consolidated and standalone reporting.

Dev Information 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 Information Technology Limited.

Our AI distills the core fundamental drivers supporting Dev Information Technology Limited, the risks that threaten it, and the quantitative conditions that could weaken the thesis.

Dev Information Technology Limited's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • Exceptional ROE of 84.91% demonstrates superior capital efficiency versus peer median 18.1%

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

  • Low debt-to-equity ratio of 0.0028x 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 41.58% ensures aligned long-term vision and governance commitment

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 0.80% is modest, limiting income appeal for equity investors seeking returns

  • FII holdings dropped to 0% in mid-2023 from 1.81% Dec 2022, 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 8% would indicate weaker capital compounding.

Shareholding

Dev Information Technology shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in Dev Information Technology — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

AnnualJun 2026

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

Ownership Distribution

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

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 Information Technology Limited peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Dev Information Technology Limited is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
L&T Technology Services Limited
₹38,267.96 Cr
Best Profit Growth
DCM Limited
1217.00 %
Highest Dividend Yield
Expleo Solutions Limited
12.24 %

Peer Comparison

Company Name
09 · Chart Patterns

Dev Information Technology Limited chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for Dev Information Technology Limited — 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 Information Technology Limited delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for Dev Information Technology Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in Dev Information Technology Limited stood at 71.9% of traded volume, against a 20-day average of 68.4%.

Avg Delivery (20D)68.4%+3.5 ppt latest vs avg
Highest Delivery91.5%on 03 Aug
Avg Volume (20D)78.6 K20-day run-rate
Conviction Trend↑ Strengthening+3.5 ppt latest read
Volume & Delivery · last 20 sessions
Exchange Filings & Investor Updates

Dev Information Technology announcements: results, concalls, ratings, M&A.

Filings Dev Information Technology sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

Dev Information Technology files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 108 documents below.

  1. 20 Aug 2026Press ReleaseView PDF

    Press Release

    Dev Information Technology Limited has informed the Exchange regarding a press release dated August 20, 2026, titled "Intimation Regarding Press…

  2. 20 Aug 2026Bagging/Receiving of orders/contractsView PDF

    Bagging/Receiving of orders/contracts

    Dev Information Technology Limited has informed the Exchange about Bagging/Receiving of orders/contracts

  3. 14 Aug 2026Press ReleaseView PDF

    Press Release

    Dev Information Technology Limited has informed the Exchange regarding a press release dated August 14, 2026, titled "Announcement Related Press…

  4. 14 Aug 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    Dev Information Technology Limited has informed the Exchange about Copy of Newspaper Publication

  5. 13 Aug 2026Outcome of Board MeetingView PDF

    Outcome of Board Meeting

    Dev Information Technology Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.

§ 10b · Reports & Decks

Investor decks & rating reports.

Corporate Actions

Dev Information Technology dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue Dev Information Technology has declared, sequenced by announce and record date.

Dev Information Technology corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

Insider Activity

Dev Information Technology insider trading: promoter and management activity.

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

Dev Information 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 Information Technology Limited: business, sector, key facts.

What Dev Information Technology Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

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

DEVIT
Information Technology

Dev Information Technology Limited

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₹146.49 Cr.
Listed OnNSE
leadership35 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 Information Technology Limited (DEVIT).

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

01What is the current share price of Dev Information Technology Limited (DEVIT)?

The current share price of Dev Information Technology Limited (DEVIT) is ₹25.80. Today, the stock has gained by ₹0.90 (3.61%), trading in a range of ₹25.10 to ₹27.70. The stock opened at ₹25.10 with a trading volume of 75,926 shares.

02Is Dev Information Technology Limited stock a good investment for long-term?

Dev Information Technology Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹146.49 Cr., P/E ratio of 2.35, ROE of 1.28%, and ROCE of 3.46%. The dividend yield stands at 0.8%. 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 Information Technology Limited stock?

The 52-week high price of Dev Information Technology Limited (DEVIT) is ₹47.99, while the 52-week low is ₹22.25. Currently trading at ₹25.80, the stock is 15.96% above its 52-week low and 46.24% 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 Information Technology Limited stock at the current price?

Whether to buy Dev Information Technology Limited stock at ₹25.80 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 gain of 3.61%. 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 Information Technology Limited and when is the next dividend?

Dev Information Technology Limited offers a dividend yield of 0.8%, which means for every ₹100 invested at the current price of ₹25.80, you can expect to receive approximately ₹0.80 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 Information Technology Limited?

Dev Information Technology Limited's key financial metrics include: P/E Ratio: 2.35, P/B Ratio: 1.24, ROE: 1.28%, ROCE: 3.46%, Dividend Yield: 0.8%, EPS: ₹13.24, Book Value: ₹19.13, and Debt-to-Equity: 0.28. The company's market cap stands at ₹146.49 Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is Dev Information Technology Limited stock performing today in the market?

Dev Information Technology Limited stock opened at ₹25.10 and is currently trading at ₹25.80, showing a gain of ₹0.90 (3.61%). The intraday high is ₹27.70 and low is ₹25.10. The trading volume stands at 75,926 shares, indicating moderate market participation today.

08What is the P/E ratio of Dev Information Technology Limited and what does it indicate?

Dev Information Technology Limited 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 ₹13.24, 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 Information Technology Limited (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.