Dev Information

What does Dev Information do?

Dev Information Technology Ltd is a Micro Cap company in the software and consulting industry, reporting net sales of 52 Cr and a net profit of 1 Cr for March 2025. Founded in 1997 and publicly listed since 2017, it has a market cap of Rs 237 Cr and key metrics including a P/E of 16.00 and a dividend yield of 0.47%.

Overview:<BR>Dev Information Technology Ltd operates in the Computers - Software & Consulting industry and is classified as a Micro Cap company.<BR><BR>History:<BR>The company was originally incorporated in 1997 as "Dev Information Technology Private Limited" in Gujarat. It later converted to a Public Limited Company and changed its name to "Dev Information Technology Limited" in 2017. The latest quarterly results reported net sales and net profit for March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 52 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 1 Cr (Quarterly Results - Mar 2025)<BR>- Market-cap: Rs 237 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 16.00<BR>- Industry P/E: 29<BR>- Dividend Yield: 0.47%<BR>- Debt Equity: 0.29<BR>- Return on Equity: 27.11%<BR>- Price to Book: 3.64<BR><BR>Contact Details:<BR>- Address: 14 Aaryans Corporate Park, Nr Shilaj Railway Crossing Ahmedabad Gujarat : 380059<BR>- Tel: 91-79-26304241/26305751<BR>- Email: cs@devitpl.com<BR>- Website: http://www.devitpl.com

Who are in the management team of Dev Information?

As of March 2022, the management team of Dev Information includes Pranav Pandya (Chairman), Jaimin Shah (Managing Director), Vishal Vasu (CTO), Prerak Shah, and several independent directors, along with Krisa Patel as Company Secretary. They oversee the company's strategic direction and operations.

As of March 2022, the management team of Dev Information includes the following individuals:<BR><BR>1. Pranav Niranjanbhai Pandya - Chairman & Wholetime Director<BR>2. Jaimin Jagdishbhai Shah - Managing Director<BR>3. Vishal Nagendra Vasu - Whole Time Director & CTO<BR>4. Prerak Pradyumna Shah - Whole-time Director<BR>5. Rama Moondra - Independent Director<BR>6. Venkata Rama Subba Rao Velamuri - Independent Director<BR>7. Krisa Rupalkumar Patel - Company Secretary & Compliance Officer<BR>8. Jatin Yagneshbhai Trivedi - Independent Director<BR>9. Umesh Rateja - Independent Director<BR><BR>This team is responsible for the strategic direction and oversight of the company.

Has Dev Information declared dividend?

Yes, Dev Information Technology Ltd has declared a 5% dividend, amounting to ₹0.25 per share, with an ex-date of November 26, 2024. The dividend yield is 0.47%, but total returns have varied significantly, showing negative returns in shorter periods and a positive return over three years.

Dev Information Technology Ltd has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.25<BR>- Ex-date: 26 Nov 24<BR><BR>Dividend Yield: 0.47%.<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -33.2%, the dividend return was 0%, resulting in a total return of -33.2%.<BR><BR>For the 1-year period, the price return was -4.5%, the dividend return was 0.42%, leading to a total return of -4.08%.<BR><BR>Over the 2-year period, the price return was -24.45%, the dividend return was 0.52%, culminating in a total return of -23.93%.<BR><BR>In the 3-year period, the price return was 28.31%, the dividend return was 1.59%, resulting in a total return of 29.9%.<BR><BR>For the 4-year period, the price return was 0%, the dividend return was 0%, leading to a total return of 0.0%.<BR><BR>In the 5-year period, the price return was 0%, the dividend return was 0%, resulting in a total return of 0.0%.<BR><BR>Overall, while Dev Information Technology Ltd has declared a dividend, the total returns over various periods show significant fluctuations, with negative returns in the shorter terms and a positive return in the longer term. The dividend yield is modest, indicating that while dividends are being paid, the company's stock performance has been inconsistent.

Who are the peers of the Dev Information?

Dev Information's peers include TCS, Infosys, HCL Technologies, Wipro, Tech Mahindra, Sofcom Systems, Equippp Social, Shradha AI Tech, P.E. Analytics, and Trust Fintech. In terms of management risk, growth, and capital structure, Dev Information ranks average compared to its peers, with a 1-year return of -7.60%.

Peers: The peers of Dev Information are TCS, Infosys, HCL Technologies, Wipro, Tech Mahindra, Sofcom Systems, Equippp Social, Shradha AI Tech, P.E. Analytics, and Trust Fintech.<BR><BR>Quality Snapshot: Excellent management risk is observed at TCS, Infosys, and HCL Technologies, while Good management risk is found at Wipro, Tech Mahindra, and P.E. Analytics. Average management risk is present at Dev Information, Sofcom Systems, and Shradha AI Tech, and Below Average management risk is noted at Equippp Social. In terms of Growth, Excellent growth is seen at Equippp Social, while Good growth is observed at Infosys, Dev Information, and Shradha AI Tech. Average growth is found at HCL Technologies and Sofcom Systems, and Below Average growth is noted at Wipro and Tech Mahindra. For Capital Structure, Excellent capital structure is seen at TCS, Infosys, HCL Technologies, Wipro, Tech Mahindra, and P.E. Analytics, while Good capital structure is found at Dev Information, and Below Average capital structure is noted at Equippp Social.<BR><BR>Return Snapshot: Sofcom Systems has the highest 1-year return at 152.20%, while Equippp Social has the lowest at -24.51%. Dev Information's 1-year return is -7.60%, which is higher than Equippp Social's but lower than the returns of all other peers. Additionally, the six-month return is negative for Dev Information, Wipro, Tech Mahindra, and Equippp Social.

What is the technical trend for Dev Information?

As of June 6, 2025, Dev Information's technical trend has shifted to a bearish stance, supported by bearish daily moving averages and Bollinger Bands, despite mixed signals from the MACD.

As of 6 June 2025, the technical trend for Dev Information has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this include the daily moving averages, which are bearish, and the Bollinger Bands, which are bearish on both weekly and monthly time frames. The MACD shows a mildly bullish signal on the weekly but is mildly bearish on the monthly, indicating mixed signals. Additionally, the Dow Theory reflects a mildly bearish stance on the weekly chart. Overall, the combination of these indicators suggests a bearish outlook for the stock.

Who are the top shareholders of the Dev Information?

The top shareholders of Dev Information include promoter Amisha Jaimin Shah with 13.82%, six foreign institutional investors holding 0.45%, and individual investors with 26.6%. There are no mutual funds or pledged promoter holdings in the company.

The top shareholders of Dev Information include the promoters, with Amisha Jaimin Shah being the individual with the highest holding at 13.82%. Additionally, there are six foreign institutional investors (FIIs) that collectively hold 0.45% of the company. Individual investors account for 26.6% of the holdings. Notably, there are no mutual funds currently holding shares in the company, and there are no pledged promoter holdings.

How big is Dev Information?

As of 24th July, Dev Information Technology Ltd has a market capitalization of 262.00 Cr, with recent net sales of 170.66 Cr and a net profit of 14.87 Cr. Shareholder's funds are 55.45 Cr, and total assets are 95.32 Cr.

As of 24th July, Dev Information Technology Ltd has a market capitalization of 262.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 170.66 Cr and a Net Profit of 14.87 Cr.<BR><BR>For the latest annual period ending March 2024, the Shareholder's Funds amounted to 55.45 Cr, while Total Assets were reported at 95.32 Cr.

How has been the historical performance of Dev Information?

Dev Information has shown consistent growth in net sales and profits, with net sales increasing from 84.64 Cr in Mar'21 to 170.66 Cr in Mar'25, and profit after tax rising from 0.76 Cr to 14.78 Cr in the same period, despite a negative cash flow of -8.00 Cr in Mar'25. Total assets also grew significantly from 58.26 Cr to 121.55 Cr.

Answer:<BR>The historical performance of Dev Information shows a consistent growth trajectory in net sales and profit metrics over the years.<BR><BR>Breakdown:<BR>Dev Information's net sales have increased from 84.64 Cr in Mar'21 to 170.66 Cr in Mar'25, reflecting a strong upward trend. Total operating income followed a similar pattern, rising from 68.54 Cr in Mar'20 to 170.66 Cr in Mar'25. The company's total expenditure, excluding depreciation, also grew, reaching 160.19 Cr in Mar'25 from 63.75 Cr in Mar'20. Operating profit, excluding other income, peaked at 10.47 Cr in Mar'25, although it was lower than the previous year's 13.78 Cr. Profit before tax showed significant improvement, climbing to 18.08 Cr in Mar'25 from just 1.23 Cr in Mar'21. Consequently, profit after tax reached 14.78 Cr in Mar'25, up from 0.76 Cr in Mar'21. The total assets of the company increased from 58.26 Cr in Mar'20 to 121.55 Cr in Mar'25, while total liabilities rose from 58.26 Cr to 121.55 Cr in the same period. Cash flow from operating activities turned negative at -8.00 Cr in Mar'25, contrasting with a positive cash flow of 5.00 Cr in Mar'22. Overall, the financial metrics indicate a robust growth trajectory in sales and profits, despite some fluctuations in operating cash flow.

Is Dev Information overvalued or undervalued?

As of November 18, 2025, Dev Information is considered overvalued with a PE ratio of 33.81 and an EV to EBITDA of 19.99, significantly higher than peers like TCS and Infosys, and has underperformed the Sensex with a year-to-date return of -39.14%.

As of 18 November 2025, the valuation grade for Dev Information has moved from very attractive to attractive. The company is currently assessed as overvalued. Key ratios include a PE ratio of 33.81, an EV to EBITDA of 19.99, and a ROE of 5.22%. <BR><BR>In comparison to peers, TCS has a PE ratio of 22.2 and an EV to EBITDA of 15.6, while Infosys shows a PE of 21.95 and an EV to EBITDA of 14.37, indicating that Dev Information's valuation is significantly higher than these established competitors. Additionally, the stock has underperformed relative to the Sensex, with a year-to-date return of -39.14% compared to the Sensex's 8.36%, reinforcing the notion of overvaluation.

When is the next results date for Dev Information Technology Ltd?

The next results date for Dev Information Technology Ltd is 10 February 2026.

The next results date for Dev Information Technology Ltd is scheduled for 10 February 2026.

Are Dev Information Technology Ltd latest results good or bad?

Dev Information Technology Ltd's latest results show a significant profit increase, but underlying concerns about declining margins, negative cash flow, and deteriorating return on equity suggest the financial health is troubling, leading to a cautious "SELL" advisory.

Dev Information Technology Ltd's latest results present a mixed picture, but overall, they raise significant concerns. While the company reported a consolidated net profit of ₹71.85 crores for Q2 FY26, reflecting a staggering increase of over 3,300% quarter-on-quarter and 756% year-on-year, this figure appears misleading when considering the underlying fundamentals. The revenue growth of ₹48.51 crores, although healthy at a 12.84% increase QoQ and 34.97% YoY, does not align with the profit surge, suggesting that the profit may have been driven by non-recurring items rather than sustainable operational performance.<BR><BR>Moreover, the operating margin has decreased to 6.49%, down from 8.28% in the previous quarter, indicating pressure on profitability. The company's return on equity (ROE) has also deteriorated significantly to just 5.22%, highlighting declining efficiency in generating returns for shareholders. Additionally, the company is facing cash flow issues, with negative operating cash flow reported, which raises questions about the sustainability of its profit figures.<BR><BR>The stock has experienced extreme volatility, currently trading at ₹32.15, down 47.07% from its 52-week high. The overall sentiment around the company is cautious, with a "SELL" advisory based on its Mojo Score of 31 out of 100, reflecting deteriorating fundamentals.<BR><BR>In summary, while the headline profit figures may seem impressive, the underlying financial health of Dev Information Technology Ltd is concerning, with significant risks related to cash flow, margins, and overall operational stability.

Should I buy, sell or hold Dev Information Technology Ltd?

Why is Dev Information Technology Ltd falling/rising?

As of 27-Apr, the stock price of Dev Information Technology Ltd is at 33.51, down 0.2 (-0.59%), following a two-day decline of 2.25%. Despite a strong monthly gain of 33.40%, recent trends indicate weakening momentum and underperformance relative to its sector.

As of 27-Apr, the stock price of Dev Information Technology Ltd is currently at 33.51, reflecting a decrease of 0.2 (-0.59%). The stock has been experiencing a downward trend, having fallen for the last two consecutive days, resulting in a total decline of 2.25% during this period. Additionally, the stock has underperformed its sector by 2.77% today.<BR><BR>Despite a strong performance over the past month, where the stock gained 33.40% compared to a 5.06% increase in the Sensex, the recent price movement indicates a shift in momentum. The stock is currently trading higher than its 5-day, 20-day, 50-day, and 100-day moving averages but is lower than its 200-day moving average, suggesting a potential weakening in the longer-term trend.<BR><BR>Investor participation has seen an increase, with delivery volume rising by 12.57% against the 5-day average, indicating some interest in the stock. However, the overall market sentiment appears to be affecting the stock negatively, as evidenced by its recent performance and the broader context of the IT sector, which has gained by 2.23%. The combination of these factors contributes to the current decline in the stock price of Dev Information Technology Ltd.

Which are the latest news on Dev Information?