Dev Information

Why is Dev Information Technology Ltd falling/rising?

As of 30-Jul, Dev Information Technology Ltd's stock price is at 26.55, down 2.82%, with a year-to-date decline of 18.46%. The stock is underperforming its sector and experiencing decreased investor participation, indicating a bearish trend.

As of 30-Jul, Dev Information Technology Ltd's stock price is falling, currently at 26.55, which reflects a decrease of 0.77 or 2.82%. The stock has been underperforming in the market, having lost 4.91% over the last two days and showing a significant decline of 18.46% year-to-date. Additionally, the stock has underperformed its sector by 2.69% today.<BR><BR>Investor participation is also declining, as evidenced by a drop in delivery volume by 23.91% compared to the 5-day average. While the stock is currently higher than its 5-day moving average, it remains below its 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Overall, these factors contribute to the stock's current downward movement.

Which are the latest news on Dev Information?

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

What does Dev Information do?

Dev Information Technology Ltd provides IT enabled services in the Computers - Software & Consulting industry, with a market cap of INR 162 Cr. As of March 2026, it reported net sales of 54 Cr and a net profit of 9 Cr.

Overview:<BR>Dev Information Technology Ltd is engaged in providing IT enabled services and operates within the Computers - Software & Consulting industry, classified as a Micro Cap company.<BR><BR>History:<BR>The company was originally incorporated in Gujarat as "Dev Information Technology Private Limited" in 1997. It later converted to a Public Limited Company and changed its name to "Dev Information Technology Limited" on February 17, 2017. The most recent quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 54 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 9 Cr (Quarterly Results - Mar 2026)<BR>- Market cap: INR 162 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 28.00<BR>- Industry P/E: 20<BR>- Dividend Yield: 0.35%<BR>- Debt Equity: 0.22<BR>- Return on Equity: 5.12%<BR>- Price to Book: 1.47<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

How big is Dev Information?

As of 10th June, Dev Information Technology Ltd has a market capitalization of 162.00 Cr and reported net sales of 189.51 Cr and net profit of 75.78 Cr over the latest four quarters.

As of 10th June, <BR><BR>Market Cap: Dev Information Technology Ltd has a market capitalization of 162.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 189.51 Cr, while the sum of Net Profit for the same period is 75.78 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2025, with Shareholder's Funds amounting to 68.62 Cr and Total Assets valued at 121.55 Cr.

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), Prerak Pradyumna Shah (Whole-time Director), and several independent directors, along with Krisa Rupalkumar Patel (Company Secretary & Compliance Officer). This team is responsible for the company's strategic direction and operations.

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 plays a crucial role in guiding the company's strategic direction and operations.

Who are the peers of the Dev Information?

Dev Information's peers include DCM, Trigyn Techno., Shradha AI Tech, VL E-Governance, Elnet Technolog, Meta Infotech, Esconet, and Enfuse Solutions. Elnet Technolog has the highest 1-year return at -2.34%, while VL E-Governance has the lowest at -77.11%.

Peers: The peers of Dev Information are DCM, Trigyn Techno., Shradha AI Tech, VL E-Governance, Elnet Technolog, Meta Infotech, Esconet, and Enfuse Solutions.<BR><BR>Quality Snapshot: Excellent management risk is observed at Meta Infotech, while Average management risk is found at DCM, Trigyn Techno., Shradha AI Tech, Elnet Technolog, Esconet, and the rest. Below Average management risk is present at VL E-Governance and Enfuse Solutions. Growth ratings show that Excellent growth is seen at Esconet, while Good growth is noted at Meta Infotech, and the rest have Below Average growth. Capital Structure ratings indicate Excellent capital structure at Trigyn Techno., Shradha AI Tech, and Elnet Technolog, while Average capital structure is found at DCM and Dev Information, and Below Average capital structure is observed at VL E-Governance.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Elnet Technolog at -2.34%, while the peer with the lowest is VL E-Governance at -77.11%. Dev Information's own 1-year return is -39.23%, which is better than VL E-Governance but worse than Elnet Technolog. Additionally, the six-month return is negative for VL E-Governance, Dev Information, Trigyn Techno., Shradha AI Tech, and Meta Infotech.

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.

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

The next results date for Dev Information Technology Ltd is 28 May 2026.

The next results date for Dev Information Technology Ltd is scheduled for 28 May 2026.

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.