Devson Catalyst

Devson Catalyst (DEVSON) is a micro-cap Specialty Chemicals company valued at ₹503 crore operating in Specialty Chemicals on the NSE and BSE.

Recent price move

Devson Catalyst last traded at ₹378, up 2.16% on the day.

Recent developments

2026-07-13: The company's IPO had a high market price (GMP) that suggested a potential 38% listing pop on the final day of subscription, indicating strong investor interest.

Financial performance

The company's annual revenue and net profit remained flat, with revenue staying at ₹57 crore and net profit at ₹12 crore. The latest quarter versus the same quarter a year earlier showed no change in revenue or net profit, while the net profit margin stayed at 22.0% and return on equity remained at 37.4%.

Valuation multiples

A price-to-earnings ratio is not meaningful here; the stock trades at 6.54 times book value.

Things to watch

The company's market cap is small, and its price is 5.3% below its 52-week high, which could indicate limited investor confidence. The promoter holding is 100.00%, but there is no foreign or domestic institutional holding, which may limit liquidity.

Where it stands

The DocStoX verdict of buy follows from the strong business quality score, which reflects stable profitability and efficient capital use. The most important factor is the company's consistent net profit margin and return on equity, which suggest stable earnings and efficient use of equity.

Summarised by DocStoX's model on 2026-09-08 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.