Dev Information Technology Limited

Dev Information Technology Limited (DEVIT) is a micro-cap Information Technology company valued at ₹114 crore operating in IT Enabled Services on the NSE and BSE.

Recent price move

Dev Information Technology Limited last traded at ₹19.89, modestly up 1.48% on the day.

Financial performance

Annual revenue rose 11.1% to ₹190 crore, while annual net profit surged 406.7% to ₹76 crore. The latest quarter saw revenue increase 2.7% to ₹44 crore, but net profit fell 3.2% to ₹2 crore compared to the same quarter a year earlier.

Valuation multiples

The stock trades at 1.5 times earnings, a discount to the Information Technology median of 20.7, 1.26 times book value. It yields 0.4%.

Things to watch

The company's return on equity is 1.3%, and return on capital employed is 3.0%, indicating weak profitability. The net profit margin rose 31.2 percentage points to 40.0%, but this is offset by a low interest coverage ratio. The stock is 47.5% below its 52-week high.

Where it stands

Dev Info Technology Ltd's annual net profit rose sharply to ₹76 crore, but the latest quarter's net profit fell 3.2% to ₹2 crore. The company's return on equity and return on capital employed are low, and the stock is significantly below its 52-week high.

Summarised by DocStoX's model on 2026-09-10 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.