About
Dev Information Technology Limited provides information technology enabled services in India, Europe, and internationally. The company offers cloud services, including cloud advisory, cloud application modernization, managed cloud, enterprise devOps, and backup and recovery services; and managed IT services, such as managed digital workplace and data center support services, as well as application development services comprising custom software solutions, eGov platforms, and mobile app development. It also provides digital transformation services consisting of modern workplace, M365 migration services, hybrid and remote work, cyber security services, data and analytics, and blockchain solutions; and enterprise applications, such as Microsoft D365 F&O, Microsoft D365 CRM, D365 Business Central, and Microsoft Power Platform. The company has a strategic alliance with Xduce Corporation to accelerate growth in North America and scale its global delivery capabilities across digital engineering, cloud, data, artificial intelligence, and cybersecurity. Dev Information Technology Limited was incorporated in 1997 and is based in Ahmedabad, India.
Key Metrics
as of Sep 2026Market Cap136 Cr
P/E24.40
Div Yield0.41 %
Book Value₹19.40
52w High₹48.00
52w Low₹22.20
Face Value₹2.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 32.50 | 45.93 | 36.03 | 44.54 | 35.48 | 45.97 | 42.45 | 32.02 | 30.19 | 37.68 | 30.72 | 30.00 | 58.89 |
| Expenses | 30.31 | 44.09 | 41.75 | 41.77 | 32.41 | 44.09 | 39.12 | 32.28 | 25.25 | 32.11 | 28.39 | 27.94 | 56.08 |
| Operating Profit | 2.19 | 1.84 | -5.72 | 2.77 | 3.07 | 1.88 | 3.33 | -0.26 | 4.94 | 5.57 | 2.33 | 2.06 | 2.81 |
| OPM % | 6.74 | 4.01 | -15.88 | 6.22 | 8.65 | 4.09 | 7.84 | -0.81 | 16.36 | 14.78 | 7.58 | 6.87 | 4.77 |
| Other Income | 0.30 | 2.23 | 0.47 | 92.89 | 0.21 | 0.22 | 0.40 | 11.82 | 0.25 | 0.46 | 0.26 | 0.51 | 0.18 |
| Depreciation | 0.15 | 0.66 | 0.67 | 0.52 | 0.46 | 0.50 | 0.57 | 0.57 | 0.56 | 0.36 | 0.32 | 0.29 | 0.26 |
| Interest | 0.60 | 0.78 | 0.45 | 0.58 | 0.42 | 0.43 | 0.42 | 0.38 | 0.42 | 0.34 | 0.30 | 0.33 | 0.25 |
| Profit before tax | 1.74 | 2.63 | -6.37 | 94.56 | 2.40 | 1.17 | 2.74 | 10.61 | 4.21 | 5.33 | 1.97 | 1.95 | 2.48 |
| Tax % | 25.29 | -214.45 | 1.73 | 25.24 | 26.67 | 25.64 | 23.36 | 13.85 | 21.38 | 28.33 | 16.24 | 16.41 | 32.26 |
| Net Profit | 1.31 | 8.27 | -6.47 | 70.69 | 1.75 | 0.87 | 2.09 | 9.14 | 3.31 | 3.82 | 1.65 | 1.62 | 1.67 |
| EPS in Rs | 0.23 | 1.47 | -1.15 | 12.55 | 0.31 | 0.15 | 0.37 | 1.63 | 0.59 | 0.68 | 0.30 | 0.29 | 0.30 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 162.00 | 151.00 | 157.00 | 122.00 | 99.00 | 84.00 | 66.00 | 71.00 | 67.00 | 57.00 | 45.00 | 44.00 |
| Expenses | 160.00 | 141.00 | 145.00 | 116.00 | 94.00 | 81.00 | 62.00 | 64.00 | 59.00 | 50.00 | 40.00 | 41.00 |
| Operating Profit | 2.00 | 10.00 | 13.00 | 6.00 | 5.00 | 3.00 | 4.00 | 7.00 | 8.00 | 6.00 | 5.00 | 3.00 |
| OPM % | 1.20 | 7.00 | 8.00 | 5.00 | 5.00 | 3.80 | 6.00 | 10.00 | 12.00 | 11.00 | 11.00 | 7.00 |
| Other Income | 96.00 | 13.00 | 1.00 | 7.00 | 1.00 | 0.00 | 2.00 | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 2.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 2.00 | 2.00 | 1.00 | 1.00 |
| Depreciation | 2.00 | 2.00 | 1.00 | 1.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 | 1.00 |
| Profit before tax | 93.00 | 19.00 | 12.00 | 11.00 | 4.00 | 0.00 | 3.00 | 6.00 | 5.00 | 4.00 | 3.00 | 2.00 |
| Tax % | 20.00 | 18.00 | 25.00 | 19.00 | 50.00 | 159.00 | 0.00 | 33.00 | 30.00 | 33.00 | 36.00 | 28.00 |
| Net Profit | 74.00 | 15.00 | 9.00 | 9.00 | 2.00 | 0.00 | 3.00 | 4.00 | 3.00 | 3.00 | 2.00 | 1.00 |
| EPS in Rs | 13.17 | 2.74 | 1.56 | 1.58 | 0.35 | -0.03 | 0.62 | 0.79 | 0.62 | 0.72 | 3.87 | 2.40 |
| Dividend Payout % | 1.00 | 4.00 | 6.00 | 6.00 | 29.00 | 0.00 | 8.00 | 6.00 | 8.00 | 7.00 | 6.00 | 8.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 6.00 | 6.00 | 6.00 | 6.00 | 4.00 | 0.50 | 0.50 |
| Reserves | 99.00 | 60.00 | 45.00 | 31.00 | 23.00 | 27.00 | 27.00 | 24.00 | 20.00 | 12.00 | 10.00 | 8.00 |
| Borrowings | 25.00 | 16.00 | 12.00 | 7.00 | 9.00 | 11.00 | 11.00 | 10.00 | 9.00 | 8.00 | 8.00 | 8.00 |
| Other Liabilities | 40.00 | 30.00 | 21.00 | 18.00 | 24.00 | 19.00 | 15.00 | 14.00 | 19.00 | 19.00 | 12.00 | 10.00 |
| Total Liabilities | 175.00 | 117.00 | 89.00 | 68.00 | 67.00 | 62.00 | 58.00 | 53.00 | 53.00 | 43.00 | 31.00 | 27.00 |
| Fixed Assets | 9.00 | 12.00 | 11.00 | 9.00 | 10.00 | 10.00 | 12.00 | 11.00 | 9.00 | 9.00 | 4.00 | 4.00 |
| CWIP | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 64.00 | 19.00 | 15.00 | 9.00 | 4.00 | 4.00 | 5.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 103.00 | 85.00 | 62.00 | 48.00 | 53.00 | 48.00 | 41.00 | 41.00 | 44.00 | 34.00 | 26.00 | 22.00 |
| Total Assets | 175.00 | 117.00 | 89.00 | 68.00 | 67.00 | 62.00 | 58.00 | 53.00 | 53.00 | 43.00 | 31.00 | 27.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -5.00 | -9.00 | -1.00 | -1.00 | 5.00 | 5.00 | 8.00 | 5.00 | -3.00 | 3.00 | 1.00 | 1.00 |
| Cash from Investing Activity | 3.00 | 7.00 | -2.00 | -1.00 | -2.00 | -1.00 | -7.00 | -4.00 | -1.00 | -5.00 | 0.00 | 0.00 |
| Cash from Financing Activity | 6.00 | 2.00 | 3.00 | -4.00 | -3.00 | -1.00 | -1.00 | -1.00 | 6.00 | 1.00 | -1.00 | 0.00 |
| Net Cash Flow | 4.00 | 0.00 | 0.00 | -6.00 | 0.00 | 4.00 | 0.00 | 0.00 | 2.00 | -2.00 | 0.00 | 0.00 |
| Free Cash Flow | -2.00 | -12.00 | -3.00 | -2.00 | 3.00 | 5.00 | 5.00 | 1.00 | -4.00 | -3.00 | 1.00 | 0.00 |
| CFO/OP % | -62.00 | -54.00 | 13.00 | -9.00 | 131.00 | 98.00 | 210.00 | 117.00 | -36.00 | 44.00 | 42.00 | 18.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 187.00 | 171.00 | 116.00 | 109.00 | 124.00 | 103.00 | 127.00 | 110.00 | 149.00 | 134.00 | 132.00 | 116.00 |
| Inventory Days | 30.00 | — | 76.00 | 60.00 | 39.00 | 75.00 | 83.00 | 67.00 | 64.00 | 57.00 | 52.00 | 16.00 |
| Days Payable | 105.00 | — | 128.00 | 147.00 | 145.00 | 125.00 | 150.00 | 112.00 | 166.00 | 206.00 | 155.00 | 114.00 |
| Cash Conversion Cycle | 112.00 | 171.00 | 65.00 | 22.00 | 18.00 | 53.00 | 60.00 | 65.00 | 48.00 | -15.00 | 29.00 | 18.00 |
| Working Capital Days | 101.00 | 94.00 | 65.00 | 60.00 | 32.00 | 25.00 | 53.00 | 56.00 | 63.00 | 30.00 | 36.00 | 15.00 |
| ROCE % | 3.00 | 26.00 | 22.00 | 26.00 | 11.00 | 4.00 | 8.00 | 16.00 | 23.00 | 28.00 | 26.00 | 19.00 |
Corporate Actions
7 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 23 Sep 2025 | 23 Sep 2025 | — | 0.10 | |
| Split | 21 Aug 2025 | 21 Aug 2025 | 5:2 | — | |
| Dividend | 26 Nov 2024 | 26 Nov 2024 | — | 0.25 | |
| Dividend | 23 Sep 2024 | — | — | 0.25 | |
| Dividend | 22 Sep 2023 | — | — | 0.25 | |
| Split | 25 Nov 2022 | 25 Nov 2022 | 10:5 | — | |
| Dividend | 22 Sep 2022 | — | — | 0.50 |