Dev Accelerator Limited Provides Q3 FY26 Earnings Call Recording Following Conference

1 min read     Updated on 28 Jan 2026, 09:28 PM
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Reviewed by
Naman SScanX News Team
Overview

Dev Accelerator Limited has provided the audio recording of its Q3 FY26 earnings conference call conducted on February 02, 2026, through a regulatory filing under SEBI regulations. The call discussed unaudited financial results for the quarter ended December 31, 2025, with senior management participation including Chairman Parth Shah and Managing Director Umesh Uttamchandani.

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*this image is generated using AI for illustrative purposes only.

Dev Accelerator Limited has made available the audio recording of its earnings conference call that was held on February 02, 2026, to discuss the company's Q3 FY26 performance. The conference call, originally scheduled and conducted at 02:00 PM IST, focused on the unaudited financial results for the quarter ended December 31, 2025.

Audio Recording Availability

Following the completion of the earnings conference call, Dev Accelerator Limited has disclosed the availability of the audio recording through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The recording is now accessible to investors and stakeholders who were unable to participate in the live session.

Parameter: Details
Recording Date: February 02, 2026
Conference Time: 02:00 PM IST
Quarter Discussed: Q3 FY26 (ended December 31, 2025)
Web Link: https://www.devx.work/investor-relations/financials/q3/audio-recording-earnings-call
Filing Date: February 02, 2026

Original Conference Call Details

The earnings call provided investors and analysts an opportunity to interact with the company's senior management team regarding Q3 FY26 results. The company had arranged comprehensive access options for participants across different geographical locations with multiple toll-free numbers for various countries including USA, UK, Singapore, and Hong Kong.

Management Participation

The conference call featured participation from Dev Accelerator Limited's senior management team, providing comprehensive insights into the company's performance and strategic direction.

Key Management Representatives:

  • Mr. Parth Shah – Chairman and Whole-Time Director
  • Mr. Umesh Uttamchandani – Managing Director
  • Mr. Rushit Shah – Whole-Time Director
  • Mr. Parin Shah – Joint Chief Financial Officer
  • Mr. Parthiv Panchal – Joint Chief Financial Officer

Company Information

Dev Accelerator Limited, formerly known as Dev Accelerator Private Limited, operates under the trading symbol DEVX on stock exchanges. The company is incorporated with CIN L74999GJ2020PLC115984 and is headquartered in Ahmedabad, Gujarat. The regulatory filing was signed by Company Secretary & Compliance Officer Anjan Trivedi, confirming the availability of the earnings call recording for stakeholder access.

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DevX Accelerates National Expansion Through Landowner First Development Management Model

2 min read     Updated on 27 Jan 2026, 08:13 PM
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Reviewed by
Radhika SScanX News Team
Overview

Dev Accelerator Limited has announced national expansion through its innovative "Landowner First" Development Management model, achieving 8.6 lakh sq. ft. of operational workspace across 28 centers with INR 1780 Mn revenue for FY 25. The model enables landowners to retain 100% ownership while delivering 20-30% higher returns, facilitating expansion into Mumbai, Hyderabad, and Tier II cities, serving major enterprise clients including Zomato and Persistent Systems.

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*this image is generated using AI for illustrative purposes only.

Dev Accelerator Limited has unveiled its strategic national expansion through an innovative "Landowner First" Development Management model, establishing a new paradigm in India's commercial real estate sector. The company has successfully unlocked 8.6 lakh square feet of premium workspace across 28 centers while reporting INR 1780 Mn in revenue for FY 25.

Revolutionary Development Management Model

The DevX Development Management model represents a significant departure from traditional Joint Development Agreements (JDAs) where land titles are typically split between parties. This innovative framework empowers landowners to retain complete ownership and control of their assets while partnering with DevX for professional development services.

Model Feature: Traditional JDA DevX DM Model
Land Ownership: Split titles 100% landowner retention
Returns to Landowners: Standard market rates 20-30% higher returns
Development Control: Shared responsibility Professional management
Stamp Duty Impact: Higher costs Significant savings

The model addresses critical market challenges including capital availability and complex regulatory compliance by leveraging DevX's institutional-grade processes and funding networks. For landowners, this partnership delivers superior financial outcomes through cost savings and additional income streams.

Strategic Geographic Expansion

DevX has successfully expanded its footprint beyond traditional markets, establishing presence in major metropolitan areas and high-growth Tier II cities. The company's strategic expansion has enabled it to serve diverse enterprise clients across multiple geographic markets.

Expansion Details: Specifications
Total Operational Space: 8.6 lakh sq. ft.
Number of Centers: 28
Metro Markets: Mumbai, Hyderabad
Tier II Cities: Ahmedabad, Jaipur, Udaipur, Indore, Surat
Total Seats: Over 14,000
Additional Signed Space: 7.2 lakh sq. ft.

Enterprise Client Portfolio

The company has attracted significant enterprise clients across its portfolio, with notable organizations establishing operations across multiple DevX locations. Key clients include Zomato, Manubhai & Shah, Wipfli, Paperchase & Co., and Persistent Systems, demonstrating the model's appeal to established enterprises seeking premium workspace solutions.

Comprehensive Service Integration

DevX differentiates itself through an integrated approach where 70% of its portfolio caters to large enterprise clients with long-term requirements. The company's in-house expertise encompasses every development aspect, including "Phi Designs" for interior solutions and dedicated teams for project management and leasing.

Service Capabilities: Details
Development Lifecycle: End-to-end management
Design Services: Phi Designs (in-house)
Project Delivery: 75-90 days (fully furnished)
Client Focus: 70% large enterprise
Service Model: Single SLA coverage

According to Managing Director Umesh Uttamchandani, the Development Management model bridges the gap between non-institutional landowners and growing demand for institutional-grade office assets. The collaborative approach enables rapid scaling while delivering premium, ready-to-move workspaces for enterprise clients.

Market Position and Outlook

As India's real estate sector continues maturing with enhanced transparency and better professional services, demand for professional development management is increasing. DevX maintains one of India's largest Tier II footprints by operational flex stock, positioning the company to capitalize on this market transformation while building sustainable assets that generate long-term stakeholder value.

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