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Dev Information Technology Ltd share price logo

Dev Information Technology Ltd

(DEVIT)

₹153.153.33%

as on 04:01PM, 21 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Dev Information Technology Ltd Performance

  • Day's Low

    Day's High

    ₹152.05
    ₹160.8
  • 52 Week's Low

    52 Week's High

    ₹94
    ₹177.97
1 Month Return+ 12.55 %
3 Month Return+ 27.11 %
1 Year Return+ 19.38 %
Previous Close₹158.42
Open₹156.05
Volume2.21L
Upper Circuit-
Lower Circuit-
Market Cap₹356.20Cr

Dev Information Technology Ltd Key Statistics

P/E Ratio19.98
PEG Ratio7.4
Market Cap₹356.20 Cr
P/B Ratio4.09
EPS4.21
Dividend Yield0.25
SectorIT - Software
ROE17.86

Dev Information Technology Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹356.20 Cr169.16%0.59₹9 Cr₹163 Cr
NA₹2.99 Cr-1.61%0.55NANA
BUY₹2,966.22 Cr52.74%0.52₹191 Cr₹826 Cr
BUY₹5,407.57 Cr35.71%0.57₹44 Cr₹775 Cr
NA₹11.92 Cr-7.31%0.69-₹4 Cr₹1 Cr

About Dev Information Technology Ltd

Dev Information Technology Limited was originally incorporated in Gujarat as Dev Information Technology Private Limited on December 23 1997 under the provisions of the companies Act 1956 with the Registrar of Companies. Further pursuant to special resolution passed by the shareholders at the extraordinary general meeting held on February 6 2017 the company was converted into a Public Limited Company and consequently name of the company was changed to Dev Information Technology Limited and a fresh certificate of incorporation dated February 17 2017 pursuant to the change of name issued by Registrar of Companies.The company is engaged in the business of providing a range of Information Technology Industry IT solutions. The company also provides various information technologies and consultancy services including enterprise solutions egovernance solutions ERP and CRM Implementation ITinfrastructure services website development web hosting solutions and licensing solutions. The company is also into the custom software development with welldefined process to support the customers and partners in webportal web and mobile applications responsive websites their SEO and social Media Marketing as well as Microsoft Dynamics ERP and CRM. The company also provides endtoend IT services with strong managed IT team to monitor and manage the customers severs and infrastructure 247.The company has also completed an egovernance project in Guyana South America as well as served many overseas and local private sector enterprise projects.The company is also associated with National and State level industry bodies like NASCOM and GESIA as a member..

Share Price: ₹153.15 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹356.20Cr as of today
Revenue: ₹35.94Cr as on September 2024 (Q3 24)
Net Profit: ₹8.11Cr as on September 2024 (Q3 24)
Listing date: 17 Apr, 2017
Chairperson Name: Pranav Niranjanbhai Pandya
OrganisationDev Information Technology Ltd
HeadquartersAhmedabad
IndustryIT - Software
E-voting on sharesClick here to vote

Key events for Dev Information Technology Ltd

  • Dev Information Technology Reports Strong Growth and FII Stake - 15 Nov, 2024

    Dev Information Technology Ltd sees a stake acquisition by Mauritius-based FII Saint Capital Fund. The company reported a 390% rise in Q2 FY25 net profit and significant revenue growth, reflecting operational efficiency and strategic expansion.

  • Dev Information Technology Reports Strong Q2 Growth - 14 Nov, 2024

    Dev Information Technology Ltd shares surged 16% after reporting a 391% increase in Q2FY25 net profit. The company secured significant contracts and received an award for its innovative IT services.

  • Dev Information Technology Reports Massive Profit Surge - 13 Nov, 2024

    Dev Information Technology's consolidated net profit soared by 411.59% to Rs 8.39 crore in Q3 September 2024, up from Rs 1.64 crore a year earlier. Sales increased by 28.59% to Rs 35.94 crore compared to Rs 27.95 crore in the same quarter last year.

  • Dev Information Technology Plans Q2 Results and Interim Dividend - 07 Nov, 2024

    Dev Information Technology Ltd has scheduled a board meeting on November 13, 2024, to declare Q2 results for FY25 and consider an interim dividend. The company recently secured significant contracts across various industries, enhancing its growth prospects.

  • FIIs Re-enter Dev Information Technology Amid Strong Results - 31 Oct, 2024

    Foreign Institutional Investors have re-entered Dev Information Technology, buying 325,000 shares after five quarters. Strong Q1 FY25 results, including a 103.2% rise in net profit, have boosted investor confidence.

Insights on Dev Information Technology Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 35.73 Cr → 48.24 Cr (in ₹), with an average increase of 25.9% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.00% to 1.45% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 3.53 Cr → 8.39 Cr (in ₹), with an average increase of 57.9% per quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, DEVIT has outperformed top 5 stocks with highest market-cap in IT Services & Consulting

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 29.80% to 29.82% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, DEVIT stock has moved up by 12.6%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Wipro Ltd has given 40.3% return, outperforming this stock by 20.9%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 70.20% to 68.73% in Sep 2024 quarter

Dev Information Technology Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹27.95Cr (-)₹31.74Cr (↑13.56%)₹43.44Cr (↑36.86%)₹35.46Cr (↓18.37%)₹35.94Cr (↑1.35%)
Net Income₹1.65Cr (-)₹1.71Cr (↑3.64%)₹4.28Cr (↑150.29%)₹3.72Cr (↓13.08%)₹8.11Cr (↑118.01%)
Net Profit Margin5.90% (-)5.39% (↓8.64%)9.85% (↑82.75%)10.49% (↑6.50%)22.57% (↑115.16%)
Value in ₹ crore
Details2021202220232024
Total Assets₹62.29Cr (-)₹67.27Cr (↑7.99%)₹68.11Cr (↑1.25%)₹88.95Cr (↑30.60%)
Total Liabilities₹29.99Cr (-)₹33.31Cr (↑11.07%)₹25.69Cr (↓22.88%)₹33.15Cr (↑29.04%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹7.60Cr (-)₹5.47Cr (↓28.03%)₹4.67Cr (↓14.63%)-₹0.94Cr (↓120.13%)-₹0.81Cr (↓13.83%)
0

Dev Information Technology Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
68.73%
-2.09
Foreign Institutions
1.45%
0.00
Mutual Funds
0%
0.00
Retail Investors
29.82%
0.07
Others
0%
0.00

Dev Information Technology Ltd Key Indicators

Details20202021202220232024
Return On Assets %6.35-0.510.1913.1710.44
Details20202021202220232024
Book Value Per Share (₹)15.0714.8914.8518.7824.66
Details20202021202220232024
Earning Per Share (₹)1.72-0.17-0.034.084.21
Details20202021202220232024
Return On Equity %6.32-1.575.822.8317.86

Dev Information Technology Ltd Valuation

Dev Information Technology Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-1309.50x)

April 28, 2022

Today (19.98x)

November 19, 2024

Industry (38.13x)

November 19, 2024

Highest (1499.64x)

October 18, 2021

LowHigh

Dev Information Technology Ltd Earnings and Dividends

  • Dev Information Technology Ltd Earnings Results

    Dev Information Technology Ltd’s net profit jumped 411.59% since last year same period to ₹8.39Cr in the Q2 2024-2025. On a quarterly growth basis, Dev Information Technology Ltd has generated 137.68% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Dev Information Technology Ltd Dividends May,2024

    In the quarter ending March 2024, Dev Information Technology Ltd has declared dividend of ₹0.25 - translating a dividend yield of 0.16%.

    Read More about Dividends

Dev Information Technology Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Dev Information Technology Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Dev Information Technology Ltd (DEVIT) share price today is ₹153.15

Dev Information Technology Ltd is listed on NSE

Dev Information Technology Ltd is listed on BSE

  • Today’s highest price of Dev Information Technology Ltd is ₹160.8.
  • Today’s lowest price of Dev Information Technology Ltd is ₹152.05.

PE Ratio of Dev Information Technology Ltd is 19.98

PE ratio = Dev Information Technology Ltd Market price per share / Dev Information Technology Ltd Earnings per share

Today’s traded volume of Dev Information Technology Ltd(DEVIT) is 2.21L.

Today’s market capitalisation of Dev Information Technology Ltd(DEVIT) is ₹356.2Cr.

Dev Information Technology Ltd(DEVITPrice
52 Week High
₹177.97
52 Week Low
₹94

Dev Information Technology Ltd(DEVIT) share price is ₹153.15. It is down -13.95% from its 52 Week High price of ₹177.97

Dev Information Technology Ltd(DEVIT) share price is ₹153.15. It is up 62.93% from its 52 Week Low price of ₹94

Dev Information Technology Ltd(DEVITReturns
1 Day Returns
-5.27%
1 Month Returns
12.55%
3 Month Returns
27.11%
1 Year Returns
19.38%