Dev Information Technology Limited

DEVITIT Enabled Services
31.11+0.00 (+0.00%)
As on 29 Jan 2026, 10:33 amMarket Closed

Fundamental Score

...

Dev Information Technology Limited Share Price Live NSE/BSE

No data
High
0.00
Low
0.00
Volume
0
Change
+0.00%

Profitability Metrics

Poor

Return on Equity

9.51%
Poor

Return on Capital Employed

11.20%
Poor

Operating Profit Margin (5Y)

5.83%
Average

Dividend Yield

0.50%

Valuation Metrics

Average

Price to Earnings

33.26x

Market Capitalization

224.83 (Cr)

Industry P/E

33.81x

Growth Metrics

Poor

YoY Quarterly Profit Growth

-79.75%
Excellent

YoY Quarterly Sales Growth

34.97%
Excellent

Sales Growth (5Y)

20.00%
Excellent

EPS Growth (5Y)

20.84%
Excellent

Profit Growth (5Y)

21.31%

Financial Health

Excellent

Debt to Equity

0.18x
Excellent

Interest Coverage

4.80x
Poor

Free Cash Flow (5Y)

-14.20 (Cr)

Ownership Structure

Good

Promoter Holding

66.63%
Poor

FII Holding

0.33%
Poor

DII Holding

0.00%
Excellent

Pledged Percentage

0.00%
Market-cap Classification
Small-cap
Higher growth potential with higher volatility.
66.63%
Promoter Holding
224.83 (Cr)
Market Cap

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Market Data Analysis & Educational Insights

Educational evaluation of DEVIT across key market metrics for learning purposes.

Positive Indicators

7 factors identified

Strong Revenue Growth (34.97%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential. This indicates business expansion success.

Consistent Growth Track Record (20.00% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model and market opportunity execution over time.

Excellent EPS Growth (20.84% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential and effective capital allocation over extended periods.

Strong Profit Growth Track Record (21.31% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model and effective operational leverage over time.

Conservative Debt Levels (D/E: 0.18)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns and flexibility for growth investments.

Balanced Promoter Holding (66.63%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment while ensuring adequate liquidity.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral, reducing forced-selling risk.

Analysis: Absence of share pledging eliminates potential forced-selling pressure during market stress.

Risk Factors

6 factors identified

Below-Average Return on Equity (9.51%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Profit Decline Concern (-79.75%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes. Monitor for recovery signs and management guidance.

Negative Free Cash Flow (₹-14.20 Cr over 5Y)

Observation: Cash outflows exceed inflows, indicating capital intensity or working capital issues.

Analysis: Negative FCF requires analysis of capital expenditure cycle and working capital management efficiency.

Limited Institutional Interest (FII+DII: 0.33%)

Observation: Low institutional participation may affect liquidity and visibility.

Analysis: Limited institutional interest may indicate size constraints or visibility issues in the investment community.

High P/E Ratio

Observation: Stock may be overvalued relative to earnings.

Analysis: P/E above 30 requires strong growth execution to justify current valuations.

Small Market Cap

Observation: Higher investment risk due to limited size.

Analysis: Small-cap stocks typically carry higher volatility and liquidity risks.

Financial Statements

Comprehensive financial data for Dev Information Technology Limited

About DEVIT

Business Overview

Dev Information Technology Limited provides information technology enabled services in India, Europe, and internationally. The company offers cloud services, including cloud advisory, cloud application modernization, managed cloud, enterprise devOps, and backup and recovery services; and managed IT services, such as managed digital workplace and data center support services, as well as application development services comprising custom software solutions, eGov platforms, and mobile app development. It also provides digital transformation services consisting of modern workplace, M365 migration services, hybrid and remote work, cyber security services, data and analytics, and blockchain solutions; and enterprise applications, such as Microsoft D365 F&O, Microsoft D365 CRM, D365 Business Central, and Microsoft Power Platform. Dev Information Technology Limited was incorporated in 1997 and is based in Ahmedabad, India.

Company Details

Symbol:DEVIT
Industry:IT Enabled Services
Sector:IT Enabled Services

Key Leadership

Mr. Pranav Niranjanbhai Pandya
Co-Founder & Chairman of the Board
Mr. Jaiminbhai Jagdishbhai Shah
Founder, MD, CEO & Director
Mr. Harshil Hemant Shah
Chief Financial Officer Accounts

Corporate Events

Recent
Ex-Dividend Date
2025-09-23

DEVIT Stock Details & Analysis

Key Financial Metrics

Return on Equity (ROE)9.51%
Return on Capital Employed11.20%
Operating Profit Margin (5Y)5.83%
Debt to Equity Ratio0.18
Interest Coverage Ratio4.80

Growth & Valuation

Sales Growth (5Y)20.00%
Profit Growth (5Y)21.31%
EPS Growth (5Y)20.84%
YoY Quarterly Profit Growth-79.75%
YoY Quarterly Sales Growth34.97%

Frequently Asked Questions

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

As of 29 Jan 2026, 10:33 am IST, Dev Information Technology Limited (DEVIT) is currently trading at ₹31.11. The stock has a market capitalization of ₹224.83 (Cr).

Is DEVIT share price Overvalued or Undervalued?

DEVIT is currently trading at a P/E ratio of 33.26x, compared to the industry average of 33.81x. Based on this relative valuation, the stock appears to be Undervalued against its sector peers.

What factors affect the Dev Information Technology Limited share price?

Key factors influencing DEVIT's price include its quarterly earnings growth (Sales Growth: 34.97%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).

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

Dev Information Technology Limited shows a 5-year Profit Growth of 21.31% and an ROE of 9.51%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.18 before investing.

How does Dev Information Technology Limited compare with its industry peers?

Dev Information Technology Limited competes with major peers in the IT Enabled Services. Investors should compare DEVIT's P/E of 33.26x and ROE of 9.51% against the industry averages to determine its competitive standing.

What is the P/E ratio of DEVIT and what does it mean?

DEVIT has a P/E ratio of 33.26x compared to the industry average of 33.81x. The Price-to-Earnings (P/E) ratio is calculated by dividing the current share price by earnings per share (EPS). This means investors are paying ₹33 for every ₹1 of annual earnings.

How is DEVIT performing according to Bull Run's analysis?

DEVIT has a Bull Run fundamental score of 51.3/100, which indicates moderate strength with some areas for improvement. This comprehensive rating is based on 15+ financial parameters including profitability, growth metrics, and valuation ratios.

What sector and industry does DEVIT belong to?

DEVIT operates in the IT Enabled Services industry. This classification helps understand the competitive landscape and sector-specific trends affecting Dev Information Technology Limited.

What is Return on Equity (ROE) and why is it important for DEVIT?

DEVIT has an ROE of 9.51%, which suggests challenges in generating returns from shareholders' equity. Return on Equity measures how efficiently Dev Information Technology Limited generates profits from shareholders' equity.

How is DEVIT's debt-to-equity ratio and what does it indicate?

DEVIT has a debt-to-equity ratio of 0.18, which indicates conservative financing with low financial risk. A ratio below 1.0 generally indicates conservative financing.

What is DEVIT's dividend yield and is it a good dividend stock?

DEVIT offers a dividend yield of 0.50%, which means you receive ₹0.50 annual dividend for every ₹100 invested.

How has DEVIT grown over the past 5 years?

DEVIT has achieved 5-year growth rates of: Sales Growth 20.00%, Profit Growth 21.31%, and EPS Growth 20.84%.

What is the promoter holding in DEVIT and why does it matter?

Promoters hold 66.63% of DEVIT shares, with 0.00% of promoter shares pledged. High promoter holding often indicates strong management confidence.

What is DEVIT's market capitalization category?

DEVIT has a market capitalization of ₹225 crores, placing it in the Small-cap category.

How volatile is DEVIT stock?

DEVIT has a beta of N/A. A beta > 1 suggests the stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is the 52-week high and low for DEVIT?

DEVIT has a 52-week high of ₹N/A and low of ₹N/A.

What is DEVIT's operating profit margin trend?

DEVIT has a 5-year average Operating Profit Margin (OPM) of 5.83%, indicating the company's operational efficiency.

How is DEVIT's quarterly performance?

Recent quarterly performance shows YoY Sales Growth of 34.97% and YoY Profit Growth of -79.75%.

What is the institutional holding pattern in DEVIT?

DEVIT has FII holding of 0.33% and DII holding of 0.00%. Significant institutional holding often suggests professional confidence in the stock.