Dev Information

Why is Dev Information Technology Ltd falling/rising?

As of 31-Aug, the stock price of Dev Information Technology Ltd is at 24.53, reflecting a 2.58% decrease and underperforming its sector by 2.9%. The stock has declined 4.33% over the past week and 24.66% year-to-date, indicating a bearish trend with reduced investor interest.

As of 31-Aug, the stock price of Dev Information Technology Ltd is falling, currently at 24.53, which reflects a decrease of 0.65 or 2.58%. The stock has underperformed its sector by 2.9% today, indicating a weaker performance relative to its peers. Over the past week, the stock has declined by 4.33%, and it has shown a significant drop of 24.66% year-to-date, compared to a 9.70% decline in the benchmark index, Sensex. <BR><BR>Additionally, the stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bearish trend. Investor participation has also decreased, with delivery volume falling by 32.62% compared to the 5-day average, suggesting reduced interest from investors. Overall, these factors contribute to the downward movement of the stock price.

Who are in the management team of Dev Information?

The management team of Dev Information includes Pranav Niranjanbhai Pandya (Chairman & Wholetime Director), Jaimin Jagdishbhai Shah (Managing Director), Vishal Nagendra Vasu (Whole Time Director & CTO), and several independent directors, along with a Company Secretary. This diverse team provides strong leadership and expertise to the company.

The management team of Dev Information includes the following key 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 brings a diverse range of expertise and leadership to the company.

What does Dev Information do?

Dev Information Technology Ltd provides IT enabled services in the software and consulting industry, with a market cap of INR 142 Cr and reported net sales of 44 Cr and net profit of 2 Cr for June 2026. The company, originally founded in 1997, became a public limited company in 2017.

Overview:<BR>Dev Information Technology Ltd is engaged in providing IT enabled services within the Computers - Software & Consulting industry and operates in the Micro Cap market segment.<BR><BR>History:<BR>The company was originally incorporated in Gujarat as "Dev Information Technology Private Limited" in 1997. It converted to a Public Limited Company and changed its name to "Dev Information Technology Limited" on February 17, 2017. The latest quarterly results report net sales and profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 44 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 2 Cr (Quarterly Results - Jun 2026)<BR>- Market Cap: INR 142 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 25.00<BR>- Industry P/E: 22<BR>- Dividend Yield: 0.40%<BR>- Debt Equity: 0.22<BR>- Return on Equity: 5.12%<BR>- Price to Book: 1.30<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 the peers of the Dev Information?

Dev Information's peers include Secmark Consult, Shradha AI Tech, DCM, Focus Business, Enfuse Solutions, and GVP Infotech. Shradha AI Tech shows excellent management and growth, while Dev Information has below-average ratings and a 1-year return of -44.12%.

Peers: The peers of Dev Information are Secmark Consult., Shradha AI Tech, DCM, Focus Business, Enfuse Solutions, and GVP Infotech.<BR><BR>Quality Snapshot: Excellent management risk is observed at Shradha AI Tech, while Average management risk is found at Secmark Consult., DCM, Dev Information, Focus Business, and the rest. Growth is rated as Excellent at Shradha AI Tech, Good at Secmark Consult. and Focus Business, and Below Average at DCM, Dev Information, Enfuse Solutions, GVP Infotech, and the rest. Capital Structure is rated as Excellent at Shradha AI Tech, Good at Secmark Consult., Focus Business, and Enfuse Solutions, and Average at DCM, Dev Information, GVP Infotech, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Secmark Consult. with N/A, while Shradha AI Tech has the lowest at -41.41%, and Dev Information's own 1-year return is -44.12%, indicating it performs worse than Shradha AI Tech. Additionally, GVP Infotech and Enfuse Solutions have a six-month return of 0.00%, indicating no growth.

How big is Dev Information?

As of 31st August, Dev Information Technology Ltd has a market capitalization of 142.00 Cr, with recent Net Sales of 190.65 Cr and a Net Profit of 75.74 Cr.

As of 31st August, Dev Information Technology Ltd has a market capitalization of 142.00 Cr and is classified as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 190.65 Cr and a Net Profit of 75.74 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 68.62 Cr and Total Assets of 121.55 Cr.

Which are the latest news on Dev Information?

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

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

The next results date for Dev Information Technology Ltd is 13 August 2026.

The next results date for Dev Information Technology Ltd is scheduled for 13 August 2026.

Are Dev Information Technology Ltd latest results good or bad?

Dev Information Technology Ltd's latest results show a significant profit increase of 645.08%, but concerns arise from low operating margins, heavy reliance on non-operating income, and a decline in return on equity, indicating potential issues with sustainability and investor confidence. Overall, the results are mixed and suggest caution for investors.

Dev Information Technology Ltd's latest results present a mixed picture. On one hand, the company reported a significant year-on-year increase in net profit of 645.08%, reaching ₹9.09 crores, and a modest revenue growth of 4.50% to ₹53.87 crores. This indicates some positive momentum in terms of profit and sales compared to the previous year.<BR><BR>However, there are several concerning factors that overshadow these gains. The operating margin remains low at 5.38%, which reflects ongoing cost pressures and a struggle to convert revenue into sustainable profits. Additionally, a staggering 62.28% of the profit before tax came from non-operating income, raising serious questions about the quality and sustainability of the earnings. This heavy reliance on non-operating income suggests that the core business operations are not generating sufficient returns.<BR><BR>Furthermore, the company's return on equity has sharply declined to 5.22%, significantly below its five-year average of 15.43%. This deterioration indicates declining capital efficiency and raises concerns about the company's ability to generate value for shareholders.<BR><BR>The stock is currently trading in bearish territory, reflecting investor skepticism about the sustainability of the reported results. The recent substantial reduction in promoter holding—from 66.63% to 41.58%—also signals a lack of confidence from insiders regarding the company's prospects.<BR><BR>In summary, while there are some positive indicators in terms of profit growth, the underlying operational challenges and quality of earnings suggest that the overall results are not favorable. Investors should approach with caution given the multiple red flags present in the company's financial health.

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.

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.

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.

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.

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.