| Quarterly Financials | Dec 2020 | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
Revenue  | 22 | 25 | 23 | 16 | 29 | 32 | 27 | 26 | 33 | 45 | 61 | 29 | 32 | 44 | 36 | 48 | 48 | 52 | 44 |
| Expenses | 21 | 24 | 22 | 15 | 29 | 30 | 25 | 24 | 29 | 39 | 57 | 26 | 29 | 37 | 30 | 37 | 45 | 49 | 39 |
| EBITDA | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 4 | 5 | 3 | 3 | 3 | 7 | 6 | 11 | 3 | 3 | 4 |
| Operating Profit % | 3 % | 3 % | 5 % | 5 % | 1 % | 4 % | 7 % | 7 % | -6 % | 11 % | 5 % | 7 % | 8 % | 14 % | 16 % | -3 % | 6 % | 5 % | 8 % |
| Depreciation | 1 | 1 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| Profit Before Tax | 0 | -0 | 1 | 0 | 0 | 1 | 2 | 2 | 4 | 4 | 3 | 2 | 2 | 6 | 5 | 9 | 2 | 2 | 3 |
| Tax | 0 | 0 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 0 | 0 | 2 | 1 | 1 | 0 | 1 | 1 |
| Net Profit | 0 | -0 | 0 | -0 | -0 | 0 | 2 | 1 | 3 | 4 | 2 | 2 | 2 | 4 | 4 | 8 | 2 | 1 | 2 |
| EPS in ₹ | 0.65 | -0.45 | 0.12 | -0.21 | -0.26 | 0.14 | 1.53 | 0.97 | 1.20 | 1.63 | 1.66 | 0.74 | 0.77 | 1.86 | 1.56 | 3.74 | 0.77 | 0.54 | 0.94 |
Dev Information Technology
Dev Information Technology
40.04
-0.24
(-0.60%)
There are 3 new updates from the company2 hours ago
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Key Fundamentals
Market Cap
225.60 Cr
EPS
6.61
PE Ratio
17.05
Dividend Yield
0.25 %
Industry
Information Technology 52 Week High
76.40
52 Week Low
37.50
PB Ratio
3.29
Debt to Equity
0.28
Sector
IT Enabled Services Actual
Company News
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Dev Information Technology Limited has scheduled an Extraordinary General Meeting on November 18, 2025, to seek shareholder approval for issuing up to 1.5 crore fully convertible warrants to Aeroflex Enterprises Limited on a preferential basis. The warrants are priced at ₹45.45 each, aggregating to ₹68.18 crore. Each warrant can be converted into one equity share of face value ₹2 within 18 months from allotment. The proposed allottee must pay 25% of the issue price upfront, with the remaining 75% payable upon conversion. Proceeds will be utilized for working capital (₹35 crore), investment in subsidiaries (₹11.78 crore), capital expenditure for R&D and expansion (₹5 crore), and general corporate purposes (₹16.40 crore). Post-conversion, Aeroflex Enterprises would hold 21.03% stake in the company. The relevant date for pricing is October 17, 2025, and the warrants will be subject to lock-in provisions as per SEBI regulations.
DEV Information Technology to Raise Rs 681.75 Lakhs Through Warrant Issue to Aeroflex Enterprises
Oct 18, 2025
Oct 18, 2025DEV Information Technology Limited's board approved raising funds through issuance of 1.5 crore warrants convertible into equity shares to Aeroflex Enterprises Limited on preferential basis. The warrants are priced at Rs 45.45 each with face value of Rs 2, totaling Rs 681.75 lakhs. The proposal requires regulatory and shareholder approvals, with an Extraordinary General Meeting scheduled for November 18, 2025. Aeroflex Enterprises Limited is identified as a non-promoter entity. The board meeting was held on October 18, 2025.
Dev Information Technology Ltd. has secured a work order worth approximately ₹82 lakhs from RajCOMP Info Services Ltd., a Government of Rajasthan undertaking. The contract involves development, maintenance, and support services for the WebMyWay project, which provides portal and website services for government departments. The WebMyWay system is an in-house Content Management System that includes centralized update mechanisms for creating websites and has already developed over 82 individual websites/macro portals and 742 microsites. The project has a completion timeline of approximately twelve months. The contract is classified as a fixed-cost domestic order and does not involve any related party transactions.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
4,089.20 | #1 43,336.90 | 33.97 | #1 10,880.10 | 10.41 | #1 1,264 | 2.87 | 41.32 | |
1,660.20 | 28,484.60 | 46.75 | 2,703.00 | 45.49 | 486 | 59.91 | 69.99 | |
672.95 | 27,302.40 | 39.39 | 5,292.60 | 1.14 | 677 | 5.15 | 38.69 | |
1,747.20 | 24,572.70 | 58.56 | 2,360.10 | 24.22 | 382 | 20.11 | 28.13 | |
51.82 | 24,258.60 | 30.32 | 5,626.20 | 17.67 | 539 | #1 113.81 | 63.77 | |
1,112.70 | 12,360.70 | #1 20.09 | 7,457.00 | 3.38 | 648 | -23.42 | 34.76 | |
543.05 | 9,231.20 | 42.80 | 5,971.90 | -5.22 | 205 | 27.76 | 51.04 | |
3,077.20 | 6,185.40 | 179.43 | 203.40 | #1 111.65 | 48 | -127.72 | 45.84 | |
1,400.60 | 5,952.20 | 74.99 | 1,051.60 | 8.33 | 75 | 24.40 | 37.55 | |
887.05 | 5,243.00 | 22.48 | 1,769.80 | 10.96 | 206 | 50.24 | 46.33 |
Automatic Screeners on ScanX
Growth Rate
Revenue Growth
11.39 %
Net Income Growth
55.79 %
Cash Flow Change
-1,022.78 %
ROE
32.16 %
ROCE
23.49 %
EBITDA Margin (Avg.)
39.16 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 31 | 43 | 54 | 56 | 0 | 62 | 67 | 68 | 96 | 122 |
| Fixed Assets | 4 | 9 | 9 | 14 | 0 | 11 | 10 | 14 | 22 | 23 |
| Current Assets | 25 | 32 | 45 | 38 | 0 | 43 | 49 | 46 | 65 | 85 |
| Capital Work in Progress | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 3 | 4 |
| Investments | 0 | 0 | 0 | 0 | 0 | 4 | 3 | 3 | 4 | 4 |
| Other Assets | 27 | 34 | 46 | 42 | 0 | 47 | 53 | 49 | 67 | 92 |
| Total Liabilities | 31 | 43 | 54 | 56 | 0 | 62 | 67 | 68 | 96 | 122 |
| Current Liabilities | 17 | 24 | 26 | 22 | 0 | 27 | 32 | 22 | 31 | 45 |
| Non Current Liabilities | 3 | 3 | 2 | 4 | 0 | 2 | 1 | 4 | 6 | 9 |
| Total Equity | 11 | 16 | 26 | 30 | 0 | 33 | 33 | 42 | 58 | 69 |
| Reserve & Surplus | 10 | 12 | 20 | 24 | 0 | 27 | 22 | 31 | 44 | 57 |
| Share Capital | 1 | 4 | 6 | 6 | 0 | 6 | 11 | 11 | 11 | 11 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | 0 | 0 | -1 | 2 | 1 | -2 | 4 | 1 | -7 | 1 | -2 |
| Investing Activities | -1 | -0 | -6 | -1 | -7 | -7 | -0 | -2 | -1 | -2 | 9 |
| Operating Activities | 1 | 2 | 6 | -3 | 7 | 5 | 6 | 6 | -2 | -1 | -9 |
| Financing Activities | -0 | -1 | -1 | 6 | 0 | 1 | -1 | -3 | -4 | 4 | -2 |
Share Holding
| % Holding | Mar 2021 | Sept 2021 | Oct 2021 | Jan 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
| Promoter | 69.07 % | 69.07 % | 69.07 % | 69.07 % | 69.07 % | 68.06 % | 68.06 % | 67.65 % | 67.53 % | 67.53 % | 67.48 % | 71.31 % | 70.20 % | 70.20 % | 68.73 % | 66.63 % | 66.63 % | 66.63 % | 66.63 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 1.45 % | 1.49 % | 0.45 % | 0.33 % | 0.33 % |
| DIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 19.59 % | 18.97 % | 20.35 % | 20.49 % | 20.19 % | 22.06 % | 22.63 % | 22.50 % | 22.27 % | 23.20 % | 22.92 % | 20.52 % | 21.59 % | 21.14 % | 21.99 % | 26.29 % | 26.60 % | 27.44 % | 27.53 % |
| Others | 11.34 % | 11.96 % | 10.58 % | 10.44 % | 10.74 % | 9.88 % | 9.30 % | 9.85 % | 10.21 % | 9.27 % | 9.60 % | 8.17 % | 8.21 % | 8.66 % | 7.83 % | 5.59 % | 6.32 % | 5.60 % | 5.51 % |
| No of Share Holders | 178 | 180 | 190 | 216 | 613 | 7,733 | 6,381 | 7,832 | 7,044 | 7,980 | 7,181 | 8,303 | 8,419 | 9,229 | 14,104 | 19,317 | 20,459 | 23,706 | 34,023 |
Dividend History
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 0.5 | 0.5 | 0.5 | 0.00 | 0.00 | 0.5 | 0.25 | 0.25 | 0.25 |
| Dividend Yield (%) | 0.00 | 6.71 | 5.11 | 7.58 | 0.00 | 0.00 | 1.33 | 0.62 | 0.56 | 0.62 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 18 Nov 2025 |  Extraordinary General Meeting | NA | 18 Nov 2025 | 38.18 | 40.07 |
| 21 Aug 2021 |  Dividend | ₹ 0.50 /share | 18 Aug 2021 | 11.00 | 11.50 |
| 22 Oct 2021 |  Bonus | 1:1 | 21 Oct 2021 | 13.80 | 15.24 |
| 24 Sept 2022 | Dividend | ₹ 0.25 /share | 22 Sept 2022 | 36.94 | 43.87 |
| 07 Jun 2022 |  Split | 5:10 | 25 Nov 2022 | 32.75 | 32.75 |
| 01 Sept 2023 | Extraordinary General Meeting | NA | 01 Sept 2023 | 127.80 | 51.98 |
| 23 Sept 2023 | Dividend | ₹ 0.25 /share | 22 Sept 2023 | 38.61 | 145.50 |
| 30 Sept 2023 |  Annual General Meeting | NA | 30 Sept 2023 | 128.20 | 54.64 |
| 09 Jan 2024 | Extraordinary General Meeting | NA | 09 Jan 2024 | 63.94 | 154.85 |
| 24 Sept 2024 | Dividend | ₹ 0.25 /share | 23 Sept 2024 | 48.04 | 52.26 |
| 30 Sept 2024 | Annual General Meeting | NA | 30 Sept 2024 | 51.28 | 59.12 |
| 12 Nov 2024 |  Quarterly Result Announcement | NA | 12 Nov 2024 | 60.96 | 61.72 |
| 26 Nov 2024 | Dividend | ₹ 0.25 /share | 26 Nov 2024 | 61.72 | 68.82 |
| 20 Dec 2024 | Extraordinary General Meeting | NA | 20 Dec 2024 | 64.24 | 59.98 |
| 07 Feb 2025 | Quarterly Result Announcement | NA | 07 Feb 2025 | 59.60 | 60.46 |
| 29 May 2025 | Quarterly Result Announcement | NA | 29 May 2025 | 44.72 | 44.22 |
| 08 Aug 2025 | Quarterly Result Announcement | NA | 08 Aug 2025 | 44.70 | 43.82 |
| 25 Nov 2024 | Split | 2:5 | 21 Aug 2025 | 64.24 | 64.24 |
| 23 Sept 2025 | Dividend | ₹ 0.10 /share | 23 Sept 2025 | 44.22 | 42.33 |
| 30 Sept 2025 | Annual General Meeting | NA | 30 Sept 2025 | 43.55 | 40.68 |
Announcements
Board Meeting Intimation for Intimation For The Board Meeting To Be Held On 12/11/20252 hours ago
2 hours agoAnnouncement under Regulation 30 (LODR)-Newspaper Publication2 hours ago
2 hours agoCorrigendum To The Notice Of Extraordinary General Meeting22 hours ago
22 hours agoAnnouncement under Regulation 30 (LODR)-Newspaper PublicationOct 28, 2025
Oct 28, 2025Notice Of EGMOct 27, 2025
Oct 27, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationOct 26, 2025
Oct 26, 2025Revision In Outcome Letter For The Board Meeting Dated October 18 2025Oct 18, 2025
Oct 18, 2025Announcement under Regulation 30 (LODR)-Preferential IssueOct 18, 2025
Oct 18, 2025Board Meeting Outcome for Outcome Of Board Meeting Held On Saturday October 18 2025Oct 18, 2025
Oct 18, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 17, 2025
Oct 17, 2025Board Meeting Intimation for Intimation Regarding Board MeetingOct 14, 2025
Oct 14, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportOct 02, 2025
Oct 02, 2025Closure of Trading WindowSep 30, 2025
Sep 30, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMSep 30, 2025
Sep 30, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderSep 26, 2025
Sep 26, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderSep 25, 2025
Sep 25, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeSep 23, 2025
Sep 23, 2025Clarification Regarding Recommendation Of Dividend Post Corporate Action Of Stock-SplitSep 16, 2025
Sep 16, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderSep 15, 2025
Sep 15, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 15, 2025
Sep 15, 2025Intimation Under Regulation 30 (Disclosure Of Event Or Information) Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015.Sep 14, 2025
Sep 14, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseSep 09, 2025
Sep 09, 2025Newspaper Advertisement For AGMSep 07, 2025
Sep 07, 2025Reg. 34 (1) Annual Report.Sep 06, 2025
Sep 06, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 06, 2025
Sep 06, 2025Annual General Meeting Of Shareholders To Be Held On 30Th September 2025.Sep 05, 2025
Sep 05, 2025Intimation Of Record Date Pursuant To Regulation 42Sep 05, 2025
Sep 05, 2025Notice Of Annual General Meeting On 30Th September 2025Sep 05, 2025
Sep 05, 2025Board Meeting Outcome for Outcome Of Board MeetingSep 05, 2025
Sep 05, 2025Dev Information Technology LimitedS Promoted Associate Company Dev Accelerator Limited (Devx) Is Has Filed A Final RED HERRING PROSPECTUS (RFP)Sep 03, 2025
Sep 03, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderSep 02, 2025
Sep 02, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderAug 28, 2025
Aug 28, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderAug 18, 2025
Aug 18, 2025Investor Presentation For The Quarter Ended On June 2025Aug 12, 2025
Aug 12, 2025DEVIT Submits Earnings Release For The Quarter Ended On June 2025Aug 12, 2025
Aug 12, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 09, 2025
Aug 09, 2025Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSAug 08, 2025
Aug 08, 2025Financial Results For The Quarter Ended 30Th June2025Aug 08, 2025
Aug 08, 2025Board Meeting Outcome for Outcome Of The Board Meeting Held On 8Th August 2025Aug 08, 2025
Aug 08, 2025Corrigendum To The Intimation Of Board Meeting To Be Held On Friday 08Th August 2025Aug 05, 2025
Aug 05, 2025Board Meeting Intimation for Intimation Of Board Meeting To Be Held On 8Th August2025Aug 01, 2025
Aug 01, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 26, 2025
Jul 26, 2025Intimation Of Record Date For The Purpose Of Sub-Division Of SharesJul 25, 2025
Jul 25, 2025Board Meeting Outcome for Outcome Of Board Meeting Held On Friday 25Th July 2025Jul 25, 2025
Jul 25, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderJul 22, 2025
Jul 22, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 10, 2025
Jul 10, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderJul 04, 2025
Jul 04, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderJul 03, 2025
Jul 03, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJul 02, 2025
Jul 02, 2025Closure of Trading WindowJun 30, 2025
Jun 30, 2025Technical Indicators
RSI(14)
Neutral 46.14
ATR(14)
Less Volatile 1.57
STOCH(9,6)
Oversold 17.02
STOCH RSI(14)
Neutral 76.70
MACD(12,26)
Bullish 0.13
ADX(14)
Strong Trend 27.47
UO(9)
Bearish 30.05
ROC(12)
Downtrend And Accelerating -0.79
WillR(14)
Neutral -63.40
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