
Twelve years of multiples investors have paid for Dev Information Technology Ltd, framed against the sector median so the premium or discount is obvious at a glance.
Dev Information Technology Ltd trades at a P/E of 2.40× and P/B of 1.49×, against the Technology sector median P/E of 19.41×.
Twelve years of audited numbers for Dev Information Technology Ltd, switchable between annual and quarterly views, consolidated or standalone.
Dev Information Technology Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹157.14 Cr and reported EPS of ₹11.90.
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.
Why someone would buy Dev Information Technology Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
Dev Information Technology Ltd's investment case rests on 7 positive markers and 7 flagged concerns drawn from the latest reported filings.
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.
DEVIT has demonstrated robust quarterly sales growth, with a 21.20% increase in the latest quarter, reflecting strong demand for its services and effective market penetration strategies.
With a P/E ratio of 16.80, Dev Information Technology appears attractively valued compared to many of its industry peers, potentially offering a compelling entry point for value-oriented investors.
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.
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.
The stock has shown significant underperformance, trading near its 52-week low of 37.50 and substantially below its 52-week high of 191.00, reflecting investor apprehension and price volatility.
A concerning trend is the minimal and fluctuating FII holding, currently at 0.33%, coupled with zero DII participation, indicating a lack of significant institutional investor confidence in the company.
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.
Trim if P/E re-rates above 3 (~0.2× the sector multiple of 19.4). The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 28.51. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 80%. The operating engine is no longer compounding capital efficiently.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Dev Information Technology Ltd is highlighted for quick read-across.
| Company Name |
|---|
Adroit Infotech Ltd |
Allied Digital Services Ltd |
Affle 3i Ltd |
Airan Ltd |
Bartronics India Ltd |
Aurum Proptech Ltd |
Black Box Ltd |
Cigniti Technologies Ltd |
Cyient Ltd |
Datamatics Global Services Ltd |
DCM Ltd |
Dev Information Technology LtdCurrent Stock |
DigiSpice Technologies Ltd |
Dynacons Systems & Solutions Ltd |
eMudhra Ltd |
Expleo Solutions Ltd |
FCS Software Solutions Ltd |
Genesys International Corporation Ltd |
GSS Infotech Ltd |
Handson Global Management (HGM) Ltd |
Inventurus Knowledge Solutions Ltd |
Inspirisys Solutions Ltd |
Intense Technologies Ltd |
IZMO Ltd |
Kellton Tech Solutions Ltd |
L&T Technology Services Ltd |
Netweb Technologies India Ltd |
Network People Services Technologies Ltd |
Onward Technologies Ltd |
Orient Technologies Ltd |
Palred Technologies Ltd |
R Systems International Ltd |
Sasken Technologies Ltd |
SecureKloud Technologies Ltd |
Sigma Solve Ltd |
Tata Technologies Ltd |
Tera Software Ltd |
Vakrangee Ltd |
VL E-Governance & IT Solutions Ltd |
Zaggle Prepaid Ocean Services Ltd |
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Dev Information Technology Ltd — derived from the live tape, not yesterday's close.
Dev Information Technology Ltd last traded at ₹27.44 with an intraday range of ₹27.25–₹28.35 — live indicator, pivot and CPR signals below.
Standard pivot — most widely referenced.
| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 30.31 | +2.87 | +10.46% |
| R3 | 29.21 | +1.77 | +6.45% |
| R2 | 28.78 | +1.34 | +4.88% |
| R1 | 28.11 | +0.67 | +2.44% |
| PIVOT | 27.68 | 0.24 | 0.87% |
| CURRENT | 27.44 | — | — |
| S1 | 24.81 | -2.63 | -9.58% |
| S2 | 25.91 | -1.53 | -5.58% |
| S3 | 26.58 | -0.86 | -3.13% |
| S4 | 27.01 | -0.43 | -1.57% |
DEVIT is trading Below CPR, indicating Bearishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: 27.25 ~ 28.14
Trading Below opening range, showing Bearishness
Daily traded volume and delivery percentage for Dev Information Technology Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Dev Information Technology Ltd stood at 60.1% of traded volume, against a 20-day average of 55.4%.
Filings Dev Information Technology sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
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 14 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).
| Insider | Category | Txn Date | Action | Quantity | Value (₹) | Price |
|---|---|---|---|---|---|---|
| Jaimin Jagdishbhai Shah | Insider | 25 Mar 2026 | buy | +1.00 L | ₹26.92 L | ₹26.92 |
| Jaimin Jagdishbhai Shah | Insider | 25 Mar 2026 | buy | +1.00 L | ₹26.92 L | ₹26.92 |
| Jaimin Jagdishbhai Shah | Insider | 25 Mar 2026 | buy | +1.00 L | ₹26.92 L | ₹26.92 |
| Pravinaben Pradyumna Shah | Insider | 05 Mar 2026 | buy | +10.00 L | ₹2.67 Cr | ₹26.68 |
| Pranav Niranjan Pandya | Insider | 02 Mar 2026 | buy | +15.00 L | ₹3.51 Cr | ₹23.40 |
| Kruti Pranav Panday | Insider | 02 Mar 2026 | buy | +6.24 L | ₹1.47 Cr | ₹23.50 |
| Jaimin Jagdishbhai Shah | Insider | 02 Mar 2026 | buy | +29.64 L | ₹6.89 Cr | ₹23.25 |
| AARTI PRERAK SHAH | Insider | 02 Mar 2026 | buy | +10.00 L | ₹2.41 Cr | ₹24.08 |
| PRAVINABEN PRADYUMNABHAI SHAH | Insider | 02 Mar 2026 | buy | +10.00 L | ₹2.41 Cr | ₹24.08 |
| Jagadishbhai Chinubhai Shah | Insider | 12 Jun 2025 | sell | −13.5 K | — | — |
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.
What Dev Information Technology Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Dev Information Technology Ltd operates in the Technology, listed as NSE: DEVIT, BSE: 543462.

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.
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
The current share price of Dev Information Technology Ltd (DEVIT) is ₹27.44. Today, the stock has declined by ₹0.45 (1.61%), trading in a range of ₹27.25 to ₹28.35. The stock opened at ₹27.25 with a trading volume of 27,537 shares.
Dev Information Technology Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹157.14 crores, P/E ratio of 2.40, ROE of 84.91%, and ROCE of 11.20%. The dividend yield stands at 0.70%. 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 ₹125.9, while the 52-week low is ₹22.25. Currently trading at ₹27.44, the stock is 5.0% away from its 52-week low and 78.2% 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 ₹27.44 depends on multiple factors. The stock is currently trading with a P/E ratio of 2.40 and P/B ratio of N/A. Today's performance shows a loss of 1.61%. 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.
Dev Information Technology Ltd offers a dividend yield of 0.70%, which means for every ₹100 invested at the current price of ₹27.44, you can expect to receive approximately ₹0.70 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: 2.40, P/B Ratio: N/A, ROE: 84.91%, ROCE: 11.20%, Dividend Yield: 0.70%, EPS: ₹11.90, Book Value: ₹19.13, Debt-to-Equity: 28.01, and Current Ratio: N/A. The company's market cap stands at ₹157.14 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
Dev Information Technology Ltd stock opened at ₹27.25 and is currently trading at ₹27.44, showing a decline of ₹0.45 (1.61%). The intraday high is ₹28.35 and low is ₹27.25. The trading volume stands at 27,537 shares, indicating moderate market participation today.
Dev Information Technology Ltd has a Price-to-Earnings (P/E) ratio of 2.40, which means investors are willing to pay ₹2.40 for every ₹1 of earnings. With an EPS of ₹11.90, 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.
The data, ratios and commentary about Dev Information Technology Ltd (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.
Peers, sector trends, screeners and strategy playbooks contextual to this stock.