Dev Accelerator
41.23
+0.31(+0.76%)
Market Cap₹371.84 Cr
PE Ratio123.94
Company Performance:
1D+0.76%
1M+10.18%
6M-35.63%
1Y-35.63%
5Y-35.63%
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More news about Dev Accelerator
18Nov 25
Dev Accelerator Limited Reports 80% Revenue Growth in H1, Plans Major Expansion
Dev Accelerator Limited, a managed workspace provider, reported an 80% year-on-year revenue growth to INR 107.47 crores in H1. EBITDA increased by 64% to INR 52.82 crores, maintaining a 50% margin. The company plans to launch India's largest single managed office campus in Ahmedabad, adding 3,990 seats with 95% pre-occupancy. Dev Accelerator aims to expand its total seats from 13,604 to 17,594 and increase its asset under management from 8.90 lakh sq ft to 13.50 lakh sq ft. Future plans include adding 14,000-15,000 seats in 12-18 months and expanding to Pune and Chennai, targeting consolidated revenue of INR 330-350 crores.
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11Nov 25
Dev Accelerator Reports 50.4% Revenue Surge in Q2, Driven by Strong Enterprise Demand
Dev Accelerator Limited reported a 50.4% increase in Q2 revenue, reaching ₹51.84 crore. EBITDA grew 45.3% year-on-year to ₹26.43 crore. The company expanded to 28 centers across 12 cities, covering 0.89 lakh sq. ft., with an 88% occupancy rate. Enterprise clients now account for 65% of rental revenue. Dev Accelerator plans to set up 8 new centers, focusing on Tier-II cities. The company has utilized ₹5,555.16 lakhs of its IPO proceeds for expansion and debt repayment.
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06Nov 25
Dev Accelerator Limited Announces Maiden Earnings Conference Call for Q2 & H1 FY26
Dev Accelerator Limited (BSE: 544513, NSE: DEVX) has scheduled its first earnings conference call on November 12, 2025, at 3:30 PM IST to discuss Q2 and H1 FY26 performance. The company's Board will meet on November 11, 2025, to approve the unaudited financial results. Key management, including Chairman Parth Shah and Managing Director Umesh Uttamchandani, will participate. Access numbers for international participants have been provided.
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Dev Accelerator
41.23
+0.31
(+0.76%)
1 Year Returns:-35.63%
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