Dev Accelerator

Dev Accelerator

46.66
+4.36
(10.31%)
hide
Key Fundamentals
Add Ratio
Market Cap
420.81 Cr
EPS
0.27
PE Ratio
110.92
Dividend Yield
0.00 %
Industry
-
52 Week High
64.05
52 Week Low
40.37
PB Ratio
2.12
Debt to Equity
8.50
Sector
-
Forecast For
Actual

Company News

View All News
Caret
positive
Dev Accelerator Limited achieved revenue of INR 107.47 crores in H1 FY26, representing 80% year-on-year growth, with EBITDA rising 64% to INR 52.82 crores and margins maintained around 50%. The managed workspace provider is launching India's largest single managed office campus in tier-2 cities with 3.15 lakh square feet in Ahmedabad at 95% pre-occupancy, expecting to add INR 2.5 crores monthly revenue from January 2026.
neutral
Dev Accelerator Limited utilized Rs. 55.55 crore from its Rs. 143.35 crore IPO proceeds during the quarter ended September 30, 2025, with monitoring agency Infomerics confirming no deviations from stated objectives. The flexspace operator deployed funds across capital expenditure for new centers (Rs. 36.29 crore), debt repayment (Rs. 28.58 crore), and general corporate purposes (Rs. 19.26 crore), maintaining Rs. 72.92 crore in various investment instruments.
positive
Dev Accelerator Limited reported revenue of ₹51.8 crore in Q2FY26, marking a 50.4% year-on-year increase. The flexible workspace provider expanded its operational footprint to 28 centers across 12 cities, covering 0.89 lakh sq.ft. with an occupancy rate of 88%. EBITDA margin remained healthy at 51%, reflecting strong operating leverage. Enterprise clients now constitute 65% of rental revenue, with an overall occupancy rate of 88% and committed occupancy rate of 90%. The company operates 0.86 million sq.ft. of area under management with 13,600 total seats across 28 centers in 12 cities. Dev Accelerator has 0.44 lakh sq.ft. under fit-out and maintains a strong demand pipeline. The company plans to set up 8 new centers covering approximately 799,179 sq.ft. under straight lease model, funded from IPO proceeds, with expansion focused on Tier-II cities.
View more
Growth Rate
Revenue Growth
60.70 %
Net Income Growth
350.00 %
Cash Flow Change
1,140.08 %
ROE
112.50 %
ROCE
62.85 %
EBITDA Margin (Avg.)
-7.87 %

Quarterly Financial Results

Quarterly Financials
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Revenue
25
49
36
68
57
55
Expenses
11
16
17
34
29
25
EBITDA
14
33
19
34
28
29
Operating Profit %
56 %
53 %
50 %
48 %
47 %
51 %
Depreciation
11
14
10
17
15
15
Interest
9
11
9
15
12
13
Profit Before Tax
-6
7
-1
3
1
2
Tax
0
0
-0
0
1
0
Net Profit
-6
6
-1
2
0
2
EPS in ₹
-0.92
0.98
0.00
0.32
0.02
0.26

Balance Sheet

Balance Sheet
2022
2023
2024
2025
Total Assets
101
282
411
540
Fixed Assets
79
228
269
293
Current Assets
11
22
67
103
Capital Work in Progress
0
0
0
0
Investments
1
1
9
53
Other Assets
21
54
133
193
Total Liabilities
101
282
411
540
Current Liabilities
27
73
110
150
Non Current Liabilities
76
209
273
336
Total Equity
-2
1
29
55
Reserve & Surplus
-6
-2
25
38
Share Capital
4
4
4
17

Cash Flow

Cash Flow
2022
2023
2024
2025
Net Cash Flow
1
-1
0
3
Investing Activities
-8
-24
-41
-38
Operating Activities
14
27
8
94
Financing Activities
-6
-4
33
-53

Share Holding

% Holding
Sept 2024
Mar 2025
Sept 2025
Promoter
54.10 %
49.79 %
36.81 %
FIIs
0.00 %
0.00 %
3.37 %
DIIs
0.00 %
0.00 %
6.96 %
Government
0.00 %
0.00 %
0.00 %
Public / Retail
0.00 %
0.00 %
26.24 %
Others
45.90 %
50.21 %
26.62 %
No of Share Holders
45
74
75

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
07 Oct 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
07 Oct 2025 51.79 51.08
11 Nov 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
11 Nov 2025 44.51 43.52

Announcements

Announcement under Regulation 30 (LODR)-Earnings Call Transcript3 days ago
Announcement under Regulation 30 (LODR)-Monitoring Agency Report8 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome8 days ago
Announcement under Regulation 30 (LODR)-Newspaper Publication9 days ago
Announcement under Regulation 30 (LODR)-Press Release / Media Release9 days ago
Announcement under Regulation 30 (LODR)-Investor Presentation9 days ago
Standalone And Consolidated Unaudited Financial Results For The Quarter And Half Year Ended On September 30 2025 9 days ago
Board Meeting Outcome for Outcome Of Board Meeting Held On November 11 2025 9 days ago
Announcement under Regulation 30 (LODR)-AcquisitionNov 07, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 05, 2025
Board Meeting Intimation for To Consider And Approve The Unaudited Financial Results (Standalone And Consolidated) For The Quarter And Half Year Ended September 30 2025 Along With The Limited Review Report.Nov 05, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationOct 08, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationOct 07, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementOct 07, 2025
Standalone And Consolidated Unaudited Financial Results For The Quarter Ended June 30 2025Oct 07, 2025
Board Meeting Outcome for Outcome Of Board Meeting Held On October 07 2025Oct 07, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 06, 2025
Board Meeting Intimation for To Consider And Approve The Unaudited Financial Results (Standalone And Consolidated) For The Quarter Ended June 30 2025 Along With The Limited Review Report.Oct 01, 2025
Closure of Trading WindowSep 29, 2025
Intimation Regarding Change Of Corporate Identification Number ("CIN") Of Dev Accelerator LimitedSep 25, 2025
Intimation Under Regulation 8(2) Of The Securities Exchange Board Of India (Prohibition Of Insider Trading) Regulations 2015Sep 17, 2025
Intimation Under Regulation 30(5) Of SEBI (Listing Obligation And Disclosure Requirements) Regulations 2015 Sep 17, 2025
Closure of Trading WindowSep 17, 2025
Listing of Equity Shares of Dev Accelerator LtdSep 17, 2025

Technical Indicators

RSI(14)
Neutral
34.29
ATR(14)
Volatile
1.94
STOCH(9,6)
Oversold
17.43
STOCH RSI(14)
Neutral
43.37
MACD(12,26)
Bullish
0.03
ADX(14)
Very Strong Trend
54.77
UO(9)
Bearish
37.96
ROC(12)
Downtrend And Accelerating
-5.37
WillR(14)
Neutral
-61.24