Dev Information Technology Ltd (IN:DEVIT)
:DEVIT
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DEVIT Stock Chart & Stats
₹40.27
₹0.38(0.22%)
At close: 4:00 PM EST
₹40.27
₹0.38(0.22%)
Day’s Range― - ―
52-Week Range₹22.36 - ₹50.80
Previous CloseN/A
Volume582.65K
Average Volume (3M)6.40K
Market Cap
₹1.70B
Enterprise Value₹1.91B
Total Cash (Recent Filing)₹19.05M
Total Debt (Recent Filing)₹0.00
Price to Earnings (P/E)―
Beta1.45
Next Earnings
May 19, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.49%
Share Statistics
EPS (TTM)-1.29
Shares Outstanding56,363,716
10 Day Avg. Volume4,420
30 Day Avg. Volume6,401
Financial Highlights & Ratios
PEG Ratio0.30
Price to Book (P/B)3.79
Price to Sales (P/S)1.53
P/FCF Ratio-16.63
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Sustained Revenue GrowthConsistent mid-teens revenue growth indicates expanding client adoption and market penetration in IT services. Over a 2-6 month horizon this supports recurring project pipelines, strengthens negotiating leverage with clients, and underpins scale benefits across delivery and sales functions.
Improving Profitability / ROEMeaningful improvement in net margins and ROE reflects better cost control and operational efficiency. Sustained margin expansion enhances internal capital generation, increases resilience to pricing volatility, and supports reinvestment in higher-margin services over several months.
Diversified Revenue Streams & Tech PartnershipsA multi-pronged revenue model—consulting, managed cloud, subscriptions—and alliances with Microsoft and AWS provide durable demand channels and reseller/hosting revenue. This reduces single-client concentration risk and supports steady contract renewals and recurring revenue.
Bears Say
Negative Operating Cash FlowPersistent negative operating cash flows signal difficulty converting accounting profits into cash. This undermines liquidity and forces reliance on external financing or working-capital tradeoffs, creating structural risk for funding growth or absorbing demand shocks over the medium term.
Rising LeverageAn increasing debt-to-equity trend reduces financial flexibility and raises fixed interest obligations. If leverage continues rising it can constrain investment in tooling or talent, elevate refinancing risk, and amplify earnings volatility from interest cost changes over coming quarters.
Volatile Gross Profit MarginVolatility in gross margins suggests pressure on pricing or inconsistent project mix and delivery efficiency. Without steadier gross margins, operating margin gains may be fragile and margins could compress if competitive pricing or input costs change, affecting sustainable profitability.
Dev Information Technology Ltd News
DEVIT FAQ
What was Dev Information Technology Ltd’s price range in the past 12 months?
Dev Information Technology Ltd lowest stock price was ₹22.36 and its highest was ₹50.80 in the past 12 months.
What is Dev Information Technology Ltd’s market cap?
Dev Information Technology Ltd’s market cap is ₹1.70B.
When is Dev Information Technology Ltd’s upcoming earnings report date?
Dev Information Technology Ltd’s upcoming earnings report date is May 19, 2026 which is in 32 days.
How were Dev Information Technology Ltd’s earnings last quarter?
Dev Information Technology Ltd released its earnings results on Feb 10, 2026. The company reported -₹1.29 earnings per share for the quarter, missing the consensus estimate of N/A by -₹1.29.
Is Dev Information Technology Ltd overvalued?
According to Wall Street analysts Dev Information Technology Ltd’s price is currently Overvalued.
Does Dev Information Technology Ltd pay dividends?
Dev Information Technology Ltd pays a Annually dividend of ₹0.1 which represents an annual dividend yield of 0.49%. See more information on Dev Information Technology Ltd dividends here
What is Dev Information Technology Ltd’s EPS estimate?
Dev Information Technology Ltd’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Dev Information Technology Ltd have?
Dev Information Technology Ltd has 56,363,716 shares outstanding.
What happened to Dev Information Technology Ltd’s price movement after its last earnings report?
Dev Information Technology Ltd reported an EPS of -₹1.29 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -1.661%.
Which hedge fund is a major shareholder of Dev Information Technology Ltd?
Currently, no hedge funds are holding shares in IN:DEVIT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Dev Information Technology Ltd
Dev Information Technology Limited provides information technology enabled services in India. The company offers enterprise resource planning and customer relationship management applications, and application development solutions; and enterprise mobility services, such as mobile application development and mobile device management services. It also provides infrastructure management services, including incident management, problem management, helpdesk, server management, database administration, network and firewall, and consulting and managed services; planning, licensing, and implementation services for office 365 solutions; and cybersecurity services. In addition, the company offers cloud computing services, including cloud advisory, cloud management, cloud migration, managed backups, disaster recovery, and unified communication solutions; and digital commerce, digital marketing, and document digitization services. Further, it licenses software products; and provides digital signatures and SSL certificates. Additionally, the company offers maintenance services for software products, as well as technical support services; and resells software products. Dev Information Technology Limited was incorporated in 1997 and is based in Ahmedabad, India.
Technical Analysis
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