Dev Accelerator Limited
Dev Accelerator Limited (DEVX): company summary
The company's business is improving, with annual revenue rising 42.1% and net profit surging 342.0%.
Dev Accelerator Limited (DEVX) is a micro-cap Services company valued at ₹400 crore operating in Diversified Commercial Services on the NSE and BSE.
- Recent price move
- Dev Accelerator Limited last traded at ₹42.91, modestly up 0.56% on the day.
- Recent developments
- On 2026-06-30, the company reported a net profit of ₹2 crore for the latest quarter, marking a significant turnaround from a net loss of ₹13 crore over three years. Promoter holding dropped by 1.72 percentage points to 35.09%, signaling a potential shift in ownership dynamics.
- Financial performance
- The company's business is improving, with annual revenue rising 42.1% and net profit surging 342.0%. However, the latest quarter saw revenue fall 3.3% compared to the same quarter a year earlier, while net profit jumped 971.4% due to improved cost control.
- Valuation multiples
- The stock trades at 38.7 times earnings, a premium to the Services median of 16.3, 1.55 times book value.
- Things to watch
- The company's debt to equity ratio remains high at 2.00, increasing financial risk. Promoter holdings have declined, and domestic institutional investors have reduced their stake by 1.01 percentage points, indicating potential uncertainty in ownership structure.
- Where it stands
- Dev Accelerator Limited has shown strong growth in revenue and net profit over the past few years, with a notable improvement in net profit margin. The latest quarter's net profit surged, but revenue dipped slightly. The company's high debt to equity ratio and declining promoter holdings are key factors to note.
Summarised by DocStoX's model on 2026-10-04 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.
Price performance
Supported by growth (8.2) and momentum (7.0), but held back by valuation (1.0). Growth looks strong at 8.2, but that is offset by valuation at 1.0 and quality at 2.6. We are calling it Mixed rather than resolving the conflict for you.
DocStoX score
Low confidenceAt a glance
Key highlights
- Revenue compounding 95% a year
- Profit compounding 44% a year
- High leverage — debt is 2.0× equity
- Loss-making in some of the last 5 years
Growth
Financials
Technicals
Peers
News
Forecasts
About the company
More data
Filings, corporate actions and ownership detail — opened on demand.
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Dev Accelerator Limited peers in Services
Other Services stocks on the NSE & BSE. See the full Services sector list.
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