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Dev Information Technology Ltd

Dev Information Technology

Small Cap•924 Employees•IPO 2017
Current Price
₹24.08
0.87 (3.75%)Updated
NSE :DEVIT
BSE :543462
Sector :IT Services
Valuation vs Sector
P/E Ratio
1.91vs 21.74
P/B Ratio
1.01vs 5.68
Div Yield
1.01%vs 3.46%
Today's Range
₹22.25
₹24.08
union icon
₹26.00
52 Week Range
52W Low₹22.70
52W High₹127.90
₹24.08
union icon
Downside6.08%
Upside431.15%
chart iconChart

Price Chart

Compare with Peers

Historical Ratios

Track top 12 most important financial ratios

P/E Ratio: Price to Earnings - Most used valuation metric

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Analyzing Investment Quality

Processing 9 key metrics...

Key Metrics

Hover for details

Valuation

Market Cap
₹154.81 Cr
Market Cap
Total market value of company
P/E Ratio
2.28
P/E Ratio
Price to Earnings. Lower is generally better (<25 is good)
P/B Ratio
1.75
P/B Ratio
Price to Book Value. <3 may indicate undervaluation
EPS
₹12.04
EPS
Earnings Per Share. Higher and growing is positive

Profitability

ROE
74.01%
ROE
Return on Equity. >15% is good, >20% is excellent
ROCE
11.20%
ROCE
Return on Capital Employed. >15% is good
Net Margin
36.28%
Net Margin
Net profit as % of revenue. >10% is good
Operating Margin
-%
Operating Margin
Operating profit margin. >15% is good

Growth

EPS Growth (5Y)
-17.07%
EPS Growth (5Y)
5-year EPS growth. >15% is strong
Revenue Growth (5Y)
20.02%
Revenue Growth (5Y)
5-year revenue growth. >10% is good
Qtr Sales Growth
21.20%
Qtr Sales Growth
Quarter-over-quarter sales growth
Qtr Profit Growth
-40.20%
Qtr Profit Growth
Quarter-over-quarter profit growth

Financial Health

Debt/Equity
0.29
Debt/Equity
Financial leverage. <1 is good, <0.5 is excellent
Book Value
₹12.18
Book Value
Net asset value per share
Dividend Yield
1.01%
Dividend Yield
Annual dividend as % of price. >2% is good
Promoter Holding
66.60%
Promoter Holding
Promoter stake. >50% shows confidence
Good
Average
Needs Attention

SWOT Analysis

Strengths

4 points
  • •Dev Information Technology Ltd shows strong promoter confidence with a significant holding of 66.63%, indicating a stable ownership structure and long-term commitment from its founders and key management.
  • •The company maintains a healthy financial structure with a low debt-to-equity ratio of 0.29, suggesting prudent financial management and reduced risk for investors compared to highly leveraged peers.

Weaknesses

4 points
  • •A notable weakness is the substantial decline in quarterly profit, with a -40.20% variation, indicating potential operational challenges or increased costs impacting recent profitability.
  • •The company's return on equity (ROE) at 9.51% and return on capital employed (ROCE) at 11.20% are relatively modest, suggesting lower efficiency in generating profits from shareholder funds and capital.

Opportunities

3 points
  • •Operating in the dynamic Information Technology and IT Enabled Services sector presents significant growth opportunities, driven by increasing digitalization and demand for tech solutions globally.
  • •As a small-cap company with a market capitalization of 226.00 Cr, DEVIT has substantial room for growth and expansion within its niche, potentially delivering higher returns if strategies succeed.

Threats

3 points
  • •The IT Enabled Services sector is highly competitive, with larger, more established players like L&T Technology and Tata Technologies posing significant threats to market share and pricing power.
  • •The stock's sharp decline from its 52-week high of 191.00 to 40.10 highlights its susceptibility to market volatility and investor sentiment, posing a risk to capital preservation.

Segment-wise Financial Analysis

Financial Results

Balance Sheet

Standalone • Annual • All amounts in ₹ Crores • CA Schedule III Format

No Balance Sheet Data Available

Standalone annual data is not available for this symbol.
Try switching to Consolidated view.

Shareholding Pattern

Loading shareholding data...

Company Insider Trading Activity

Recent Insider Transactions

Insider NameTransaction DateFiling DateTotal SharesChangePriceAction
AMISHA JAIMIN SHAH
26 Dec 202427 Dec 202432.25 L
1.10 L
₹174.01SELL
Jayshreeben Jagdishbhai Shah
16 Dec 202427 Dec 202447,980
1.10 L
₹173.03SELL
AMISHA JAIMIN SHAH
30 Dec 202431 Dec 202431.15 L
1.10 L
₹167SELL
Jagadishbhai Chinubhai Shah
12 Jun 202513 Jun 2025-
13,500
-SELL
Jaimin Jagdishbhai Shah
12 Jun 202513 Jun 202524.68 L
13,500
-BUY

Corporate Action

Company Announcements

Technical Analysis & Indicators

Standard pivot points - most widely used

Pivot Points (CLASSIC)

LevelPriceDistance% Change
R4₹33.47+₹9.39+39.00%
R3₹29.72+₹5.64+23.42%
R2₹27.86+₹3.78+15.70%
R1₹25.97+₹1.89+7.85%
PIVOT₹24.110.030.12%
CURRENT₹24.08--
S1₹14.72-₹9.36-38.87%
S2₹18.47-₹5.61-23.30%
S3₹20.36-₹3.72-15.45%
S4₹22.22-₹1.86-7.72%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: N/AP: N/ATC: N/A
R1
R2
R3
R4
indicator
LTP: N/A
PDH: N/A
PDL: N/A
● Market Sentiment

is trading CPR, indicating

● CPR Width

CPR is

● Opening Range

Day's range: ~

● Price Position

Trading Inside opening range

Delivery Volume Analysis & Trading Activity

Latest Volume
5.50M
(02 Mar 2026)
+1314.6% vs avg
Delivery %
94.6%
(02 Mar 2026)
+27.7% vs avg
Avg Volume (20D)
3.88L
(03 Feb - 02 Mar)
20-day average
Avg Delivery %
66.9%
(03 Feb - 02 Mar)
Trend ↑
Delivery % indicates the percentage of traded volume that resulted in actual delivery. Higher delivery % (>50%) suggests genuine buying interest and stronger hands.

Peer Comparison & Industry Benchmarking

Quick Compare

Largest by Market Cap
Tata Consultancy Services Ltd
9.83L ₹ Cr
Best Profit Growth
Trigyn Technologies Ltd
425.00 %
Highest Dividend Yield
Tata Consultancy Services Ltd
4.71 %

Peer Comparison

Company Name
AAATECH
AAA Technologies Ltd
GOLDTECH
Aion-Tech Solutions Ltd
GTL
GTL Ltd
TCS
Tata Consultancy Services Ltd
TREJHARA
Trejhara Solutions Ltd
TRIGYN
Trigyn Technologies Ltd
XELPMOC
Xelpmoc Design and Tech Ltd

About

DEVIT

Dev Information Technology Ltd

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 - DEVIT

Registered Address

14, Aaryans Corporate Park,, Near Shilaj Railway Crossing,, Thaltej - Shilaj Road, Thaltej

Ahmedabad

GUJARAT

IN

Tel: 919429899852

Website:https://www.devitpl.com/

Investor Relations:http://www.devitpl.com/investor-relations/
Company Details

Group: Software & Services

Sector: Information Technology

Industry: IT Services

Exchange: NATIONAL STOCK EXCHANGE OF INDIA

Employees: 924

IPO Date: 17/04/2017

MANAGEMENT - DEVIT

Mr. Pranav Pandya

Executive Chairman of the Board, Co-Founder

Mr. Jaimin Shah

Co-Founder, Managing Director, Director

Mr. Harshil Shah

Chief Financial Officer

Mr. Vishal Vasu

Chief Technology Officer, Whole Time Director

Mr. Devaang Bhatt

Associate Vice President - International Business

Mr. Prerak Shah

Whole Time Director

Mr. Mohammed Irfan Balawala

Project Manager

Mr. Devang Bhatt

Business Development Manager

Mr. Nilay Bhatt

Team Leader

Mr. Debashish Ghosh

Senior Project Manager

Mr. Paritosh Jani

IT Operations Manager

Mr. Zenul Jinwala

Marketing Strategist

Investor Questions Answered

Dev Information Technology Ltd (DEVIT) Stock FAQs

Get answers to the most common questions about Dev Information Technology Ltd stock price, fundamentals, financial metrics, and investment analysis

The current share price of Dev Information Technology Ltd (DEVIT) is ₹24.08. Today, the stock has gained by ₹0.87 (3.75%), trading in a range of ₹22.25 to ₹26. The stock opened at ₹22.75 with a trading volume of 54,95,249 shares.
Dev Information Technology Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹154.81 crores, P/E ratio of 2.28, ROE of 74.01%, and ROCE of 11.20%. The dividend yield stands at 1.01%. 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.
The 52-week high price of Dev Information Technology Ltd (DEVIT) is ₹127.9, while the 52-week low is ₹22.7. Currently trading at ₹24.08, the stock is 1.3% away from its 52-week low and 81.2% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
Whether to buy Dev Information Technology Ltd stock at ₹24.08 depends on multiple factors. The stock is currently trading with a P/E ratio of 2.28 and P/B ratio of N/A. Today's performance shows a gain of 3.75%. 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.
Dev Information Technology Ltd offers a dividend yield of 1.01%, which means for every ₹100 invested at the current price of ₹24.08, you can expect to receive approximately ₹1.01 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.
Dev Information Technology Ltd's key financial metrics include: P/E Ratio: 2.28, P/B Ratio: N/A, ROE: 74.01%, ROCE: 11.20%, Dividend Yield: 1.01%, EPS: ₹12.04, Book Value: ₹12.18, Debt-to-Equity: 0.29, and Current Ratio: N/A. The company's market cap stands at ₹154.81 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
Dev Information Technology Ltd stock opened at ₹22.75 and is currently trading at ₹24.08, showing a gain of ₹0.87 (3.75%). The intraday high is ₹26 and low is ₹22.25. The trading volume stands at 54,95,249 shares, indicating strong market participation today.
Dev Information Technology Ltd has a Price-to-Earnings (P/E) ratio of 2.28, which means investors are willing to pay ₹2.28 for every ₹1 of earnings. With an EPS of ₹12.04, 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.
Dev Information Technology Ltd has a market capitalization of ₹154.81 crores, making it a small-cap company. Market cap is calculated by multiplying the current stock price (₹24.08) by the total number of outstanding shares. This metric helps investors understand the company's size, stability, and investment risk profile.
Dev Information Technology Ltd has a book value of ₹12.18 per share and a Price-to-Book (P/B) ratio of N/A. The current market price is ₹24.08, which is 97.7% above the book value. A P/B ratio below 1 may indicate undervaluation or asset quality concerns.
Dev Information Technology Ltd has a Return on Equity (ROE) of 74.01% and Return on Capital Employed (ROCE) of 11.20%. ROE measures how efficiently the company generates profits from shareholders' equity, while ROCE indicates how well the company uses its capital to generate profits. These are moderate returns, suggesting decent operational efficiency. Higher percentages generally indicate better financial performance.
Dev Information Technology Ltd operates in the diversified sector and belongs to the general industry. The company competes with other players in this space and its performance is influenced by sector-specific trends, regulatory changes, and market dynamics. Understanding the sector helps investors assess growth potential, cyclical patterns, and industry-specific risks that may impact the stock's performance.
Dev Information Technology Ltd has a debt-to-equity ratio of 0.29, which measures the company's financial leverage by comparing total debt to shareholders' equity. A low ratio suggests conservative financing with minimal debt. Lower ratios generally indicate lower financial risk, but optimal levels vary by industry.
Dev Information Technology Ltd has an Earnings Per Share (EPS) of ₹12.04, which represents the company's profit allocated to each outstanding share. With a current stock price of ₹24.08 and P/E ratio of 2.28, investors are paying 2.28 times the annual earnings per share. The company may need to improve its earnings performance. Track EPS growth over quarters to assess earnings momentum.
Dev Information Technology Ltd has reported a sales growth of N/A% and profit growth of N/A%. The company may be facing growth challenges or operating in a mature market. Consistent growth over multiple quarters is a positive indicator for long-term investors. Compare these growth rates with industry peers for better perspective.
Dev Information Technology Ltd has a current ratio of N/A, which measures the company's ability to pay short-term obligations with current assets. A ratio below 1 may indicate potential liquidity concerns. This metric is crucial for assessing the company's working capital management and financial safety.
To analyze Dev Information Technology Ltd stock, consider: 1) Fundamental Analysis - Review P/E (2.28), ROE (74.01%), debt-to-equity (0.29), and growth rates. 2) Technical Analysis - Check 52-week range (₹22.70 - ₹127.90), moving averages, and chart patterns. 3) Valuation - Compare current price (₹24.08) with book value (₹12.18) and industry peers. 4) Financial Health - Assess current ratio (N/A) and cash flows. 5) Growth Prospects - Evaluate sales growth (N/A%) and profit growth (N/A%). Always diversify and consult a financial advisor.
The face value (or par value) of Dev Information Technology Ltd share is ₹2.00. Face value is the nominal value of a share as stated in the company's charter and is used for accounting purposes and calculating dividends. The current market price of ₹24.08 is 1104x the face value. Face value remains constant unless the company undergoes a stock split or bonus issue, while market price fluctuates based on demand and supply.
Investing in Dev Information Technology Ltd carries several risks: 1) Market Risk - Stock price volatility (52-week range: ₹22.70 - ₹127.90). 2) Business Risk - Industry-specific challenges in the sector. 3) Financial Risk - Debt-to-equity ratio of 0.29 indicates leverage. 4) Liquidity Risk - Based on trading volume of 54,95,249 shares. 5) Valuation Risk - P/E of 2.28 may indicate over/undervaluation. 6) Economic Risk - Macroeconomic factors affecting the industry. Diversify your portfolio and invest only what you can afford to lose.
Dev Information Technology Ltd operates in the industry with key metrics: P/E ratio of 2.28, ROE of 74.01%, market cap of ₹154.81 crores, and dividend yield of 1.01%. To make an informed comparison, analyze these metrics against industry peers considering factors like revenue growth (N/A%), profit margins, debt levels (D/E: 0.29), and market position. Use our peer comparison tool on this page to see detailed side-by-side analysis with competitors.
Target prices for Dev Information Technology Ltd vary among analysts and depend on multiple factors including earnings projections, industry trends, and market conditions. The stock is currently trading at ₹24.08, with a 52-week range of ₹22.70 to ₹127.90. Based on fundamentals like P/E (2.28), ROE (74.01%), and growth rates, analysts may have different target prices. Always refer to recent research reports from reputed brokerages and make decisions based on your own analysis and risk appetite.
Consider selling Dev Information Technology Ltd stock when: 1) Target Price Achieved - If the stock reaches your predetermined target from current ₹24.08. 2) Fundamental Deterioration - Declining ROE (currently 74.01%), increasing debt (D/E: 0.29), or falling growth rates. 3) Better Opportunities - Finding stocks with superior risk-reward ratios. 4) Portfolio Rebalancing - When the stock becomes overweight in your portfolio. 5) Changed Investment Thesis - If reasons for buying no longer hold. 6) Stop Loss - If price falls below your risk threshold. Always base decisions on thorough analysis rather than emotions.
Tax implications for Dev Information Technology Ltd stock investments: 1) Short-term Capital Gains (STCG) - If sold within 1 year, gains taxed at 15% plus cess. 2) Long-term Capital Gains (LTCG) - If held over 1 year, gains above ₹1 lakh taxed at 10% without indexation. 3) Dividend Income - Dividends (current yield: 1.01%) are taxable as per your income tax slab. 4) Securities Transaction Tax (STT) - Applicable on both buy and sell transactions. 5) Intraday Trading - Treated as speculative income, taxed as per slab. Tax laws change periodically, so consult a tax advisor for personalized guidance and latest regulations.