Dev Information Technology Ltd (DEVIT) News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

{
  "main_header": {
    "sid": 1002748,
    "name": "Dev Information",
    "stock_name": "Dev Information",
    "full_name": "Dev Information Technology Ltd",
    "name_url": "stocks-analysis/dev-information",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "39.94",
    "chg": 0.14,
    "chgp": "0.35%",
    "dir": 1,
    "prev_price": "39.80",
    "mcapval": "225.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 543462,
    "symbol": "DEVIT",
    "ind_name": "Computers - Software & Consulting",
    "ind_code": 57,
    "indexname": "",
    "isin": "INE060X01034",
    "curr_date": "Dec 05",
    "curr_time": "",
    "bse_nse_vol": "3.34 k",
    "exc_status": "Active",
    "traded_date": "Dec 05, 2025",
    "traded_date_str": "2025 12 05",
    "score": "",
    "scoreText": "",
    "Live": 1,
    "market_time": 1,
    "is_blur": 1,
    "is_blur_class": "blur-register-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/dev-information-1002748-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Dev Information Technology Sees Extraordinary Buying Interest Amid Upper Circuit Scenario",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/dev-information-technology-hits-upper-circuit-amidst-unprecedented-buying-interest-3720116",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/DevInformationT_only_buyers_3720116.png",
        "date": "2025-11-21 09:41:18",
        "description": "Dev Information Technology Ltd has attracted remarkable buying interest today, with the stock hitting an upper circuit and registering only buy orders in the queue. This unusual market behaviour signals a potential multi-day circuit scenario, underscoring intense demand despite recent price fluctuations and sector trends."
      },
      {
        "title": "Is Dev Information overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-dev-information-overvalued-or-undervalued-3713726",
        "imagepath": "",
        "date": "2025-11-19 08:11:59",
        "description": "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%. \n\nIn 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...."
      },
      {
        "title": "Is Dev Information overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-dev-information-overvalued-or-undervalued-3706157",
        "imagepath": "",
        "date": "2025-11-17 08:12:40",
        "description": "As of 14 November 2025, the valuation grade for Dev Information has moved from attractive to very attractive. This indicates a positive shift in its perceived value, suggesting that the company is currently undervalued. The key ratios include a PE ratio of 34.56, an EV to EBITDA of 20.40, and a Price to Book Value of 1.80, which reflect a strong valuation profile relative to its peers.\n\nIn comparison to notable competitors, TCS has a PE ratio of 22.34 and an EV to EBITDA of 15.7, while Infosys shows a PE of 22.19 and an EV to EBITDA of 14.54. These figures suggest that Dev Information, despite its higher PE ratio, may still offer better growth prospects given its PEG ratio of 0.00, indicating no growth premium is being paid. Additionally, while the stock has underperformed against the Sensex over the past year, its recent returns over the past week and month have outpaced the index, reinforcing the notion t..."
      },
      {
        "title": "Is Dev Information overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-dev-information-overvalued-or-undervalued-3705521",
        "imagepath": "",
        "date": "2025-11-16 08:12:25",
        "description": "As of 14 November 2025, the valuation grade for Dev Information has moved from attractive to very attractive. The company is currently considered undervalued. Key ratios include a PE Ratio of 34.56, an EV to EBITDA of 20.40, and a Price to Book Value of 1.80. In comparison, TCS, which is rated attractive, has a PE Ratio of 22.34 and an EV to EBITDA of 15.7, while Infosys, rated fair, has a PE Ratio of 22.19 and an EV to EBITDA of 14.54.\n\nDespite a challenging year with a YTD return of -37.79% compared to the Sensex's 8.22%, the company's strong valuation metrics indicate potential upside. With a PEG Ratio of 0.00, Dev Information stands out as a compelling investment opportunity within its industry...."
      },
      {
        "title": "Is Dev Information overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-dev-information-overvalued-or-undervalued-3704753",
        "imagepath": "",
        "date": "2025-11-15 08:12:10",
        "description": "As of 14 November 2025, the valuation grade for Dev Information has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued. Key ratios include a PE Ratio of 34.56, an EV to EBITDA of 20.40, and a Price to Book Value of 1.80, which suggest that while the company has a high earnings multiple, it may still offer value relative to its peers.\n\nIn comparison to its peers, TCS has a PE Ratio of 22.34 and an EV to EBITDA of 15.7, while Infosys shows a PE of 22.19 and an EV to EBITDA of 14.54. These comparisons highlight that Dev Information's valuation ratios are higher, yet its PEG Ratio stands at 0.00, indicating potential growth at a reasonable price. Despite a challenging year with a YTD return of -37.79% compared to the Sensex's 8.22%, the current valuation suggests that Dev Information may present a buying opportun..."
      },
      {
        "title": "Dev Information Technology Reports Mixed Financial Performance Amidst Growth and Liquidity Challenges",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/dev-information-technologys-financial-trend-improves-from-flat-to-negative-amid-mixed-performance-metrics-3701299",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/DevInformationT_fintrenddot_3701299.png",
        "date": "2025-11-14 11:03:05",
        "description": "Dev Information Technology reported mixed financial results for the quarter ending September 2025. While profit before tax and net sales showed significant growth, profit after tax declined sharply, and operating cash flow turned negative. The company's stock performance has been inconsistent, with recent outperformance overshadowed by year-to-date declines."
      },
      {
        "title": "Dev Information Technology Q2 FY26: Exceptional Profit Surge Masks Underlying Operational Concerns",
        "link": "https://www.marketsmojo.com/news/result-analysis/dev-information-technology-q2-fy26-exceptional-profit-surge-masks-underlying-operational-concerns-3715281",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/DevInformationT_quaterlyResult_3715281.png",
        "date": "2025-11-14 09:41:38",
        "description": "Dev Information Technology Ltd., an Ahmedabad-based software and consulting firm with a market capitalisation of ₹233.40 crores, reported a dramatic surge in consolidated net profit for Q2 FY26, though the headline numbers conceal mounting operational challenges. The company posted consolidated net profit of ₹71.85 crores for the quarter ended September 2025, representing an extraordinary 3,305.21% quarter-on-quarter growth and 756.38% year-on-year expansion. However, this exceptional performance appears driven primarily by extraordinary items rather than core business improvement, raising questions about sustainability and underlying operational health."
      },
      {
        "title": "Dev Information Technology Adjusts Stock Evaluation Amid Mixed Technical Indicators and Performance Challenges",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/dev-information-technology-stock-rating-upgraded-from-strong-sell-to-sell-3700726",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/DevInformationT_mojoScore_3700726.png",
        "date": "2025-11-14 08:17:05",
        "description": "Dev Information Technology has recently experienced a stock score adjustment, indicating a shift in technical trends. The evaluation highlights mixed signals from various indicators, with challenges in profit and cash flow, yet the company retains a strong capacity to manage its debt obligations."
      },
      {
        "title": "How has been the historical performance of Dev Information?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-dev-information-3699619",
        "imagepath": "",
        "date": "2025-11-13 23:43:59",
        "description": "Answer:\nThe historical performance of Dev Information shows a consistent growth trajectory in net sales and profit metrics over the years.\n\nBreakdown:\nDev 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, w..."
      }
    ],
    "total": 5983,
    "sid": "1002748",
    "stock_news_url": "https://www.marketsmojo.com/news/dev-information-technology-1002748"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome",
      "datetime": "29-Nov-2025",
      "details": "Intimation for Transcript of the Earning conference call of Q2H1FY26",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome",
      "datetime": "27-Nov-2025",
      "details": "Earnings conference call recording of Q2H1FY26",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation",
      "datetime": "22-Nov-2025",
      "details": "Reschedule of Earnings Conference Call",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Dev Information Technology Ltd has declared <strong>5%</strong> dividend, ex-date: 23 Sep 25",
          "dt": "2025-09-23",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "",
      "data": [
        {
          "txt": "Dev Information Technology Ltd has announced <strong>2:5</strong> stock split, ex-date: 21 Aug 25",
          "dt": "2025-08-21",
          "middle_text": "Split"
        }
      ]
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Dev Information Technology Sees Extraordinary Buying Interest Amid Upper Circuit Scenario

2025-11-21 09:41:18

Dev Information Technology Ltd has attracted remarkable buying interest today, with the stock hitting an upper circuit and registering only buy orders in the queue. This unusual market behaviour signals a potential multi-day circuit scenario, underscoring intense demand despite recent price fluctuations and sector trends.

Is Dev Information overvalued or undervalued?

2025-11-19 08:11:59

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%. 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....

Is Dev Information overvalued or undervalued?

2025-11-17 08:12:40

As of 14 November 2025, the valuation grade for Dev Information has moved from attractive to very attractive. This indicates a positive shift in its perceived value, suggesting that the company is currently undervalued. The key ratios include a PE ratio of 34.56, an EV to EBITDA of 20.40, and a Price to Book Value of 1.80, which reflect a strong valuation profile relative to its peers. In comparison to notable competitors, TCS has a PE ratio of 22.34 and an EV to EBITDA of 15.7, while Infosys shows a PE of 22.19 and an EV to EBITDA of 14.54. These figures suggest that Dev Information, despite its higher PE ratio, may still offer better growth prospects given its PEG ratio of 0.00, indicating no growth premium is being paid. Additionally, while the stock has underperformed against the Sensex over the past year, its recent returns over the past week and month have outpaced the index, reinforcing the notion t...

Is Dev Information overvalued or undervalued?

2025-11-16 08:12:25

As of 14 November 2025, the valuation grade for Dev Information has moved from attractive to very attractive. The company is currently considered undervalued. Key ratios include a PE Ratio of 34.56, an EV to EBITDA of 20.40, and a Price to Book Value of 1.80. In comparison, TCS, which is rated attractive, has a PE Ratio of 22.34 and an EV to EBITDA of 15.7, while Infosys, rated fair, has a PE Ratio of 22.19 and an EV to EBITDA of 14.54. Despite a challenging year with a YTD return of -37.79% compared to the Sensex's 8.22%, the company's strong valuation metrics indicate potential upside. With a PEG Ratio of 0.00, Dev Information stands out as a compelling investment opportunity within its industry....

Is Dev Information overvalued or undervalued?

2025-11-15 08:12:10

As of 14 November 2025, the valuation grade for Dev Information has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued. Key ratios include a PE Ratio of 34.56, an EV to EBITDA of 20.40, and a Price to Book Value of 1.80, which suggest that while the company has a high earnings multiple, it may still offer value relative to its peers. In comparison to its peers, TCS has a PE Ratio of 22.34 and an EV to EBITDA of 15.7, while Infosys shows a PE of 22.19 and an EV to EBITDA of 14.54. These comparisons highlight that Dev Information's valuation ratios are higher, yet its PEG Ratio stands at 0.00, indicating potential growth at a reasonable price. Despite a challenging year with a YTD return of -37.79% compared to the Sensex's 8.22%, the current valuation suggests that Dev Information may present a buying opportun...

Dev Information Technology Reports Mixed Financial Performance Amidst Growth and Liquidity Challenges

2025-11-14 11:03:05

Dev Information Technology reported mixed financial results for the quarter ending September 2025. While profit before tax and net sales showed significant growth, profit after tax declined sharply, and operating cash flow turned negative. The company's stock performance has been inconsistent, with recent outperformance overshadowed by year-to-date declines.

Dev Information Technology Q2 FY26: Exceptional Profit Surge Masks Underlying Operational Concerns

2025-11-14 09:41:38

Dev Information Technology Ltd., an Ahmedabad-based software and consulting firm with a market capitalisation of ₹233.40 crores, reported a dramatic surge in consolidated net profit for Q2 FY26, though the headline numbers conceal mounting operational challenges. The company posted consolidated net profit of ₹71.85 crores for the quarter ended September 2025, representing an extraordinary 3,305.21% quarter-on-quarter growth and 756.38% year-on-year expansion. However, this exceptional performance appears driven primarily by extraordinary items rather than core business improvement, raising questions about sustainability and underlying operational health.

Dev Information Technology Adjusts Stock Evaluation Amid Mixed Technical Indicators and Performance Challenges

2025-11-14 08:17:05

Dev Information Technology has recently experienced a stock score adjustment, indicating a shift in technical trends. The evaluation highlights mixed signals from various indicators, with challenges in profit and cash flow, yet the company retains a strong capacity to manage its debt obligations.

How has been the historical performance of Dev Information?

2025-11-13 23:43:59

Answer: The historical performance of Dev Information shows a consistent growth trajectory in net sales and profit metrics over the years. Breakdown: 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, w...

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