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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
₹1.50B
Enterprise Value₹1.83B
Total Cash (Recent Filing)₹62.27M
Total Debt (Recent Filing)₹306.13M
Price to Earnings (P/E)2.0
Beta1.35
Next Earnings
Aug 06, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.38%
Share Statistics
EPS (TTM)13.42
Shares Outstanding56,363,716
10 Day Avg. Volume4,420
30 Day Avg. Volume6,401
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)1.20
Price to Sales (P/S)0.69
P/FCF Ratio-6.97
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
Revenue GrowthSustained top-line expansion, including a strong jump in FY2024 and re-acceleration in FY2026, suggests recurring demand and scalable service delivery. Over 2–6 months this underpins contract renewals, pricing leverage and investment capacity if cash conversion stabilizes.
Manageable Leverage & Equity BuildA moderate debt profile and meaningful equity growth provide financial flexibility to fund operations or invest in growth without acute refinancing risk. This structural balance-sheet expansion supports resilience vs. cyclical demand swings over the medium term.
Returns On EquityHistorically solid ROE indicates the business can generate returns from invested capital, supporting sustainable shareholder value if profitability normalizes. Even with FY2026 anomalies, consistent ROE history points to operational efficiency in core services.
Bears Say
Negative Operating & Free Cash FlowMulti-year negative operating and free cash flow weakens the firm's ability to self-fund growth, increases reliance on external capital, and signals working-capital or collection issues. This structural cash-generation shortfall raises financing and execution risk over months ahead.
Margin Pressure & Mixed ProfitabilityDeclining gross margins and near-breakeven operating profit indicate deteriorating unit economics and limited operating leverage. If structural, this compresses long-term profitability, constrains reinvestment, and makes earnings sensitive to competitive or pricing shocks.
Earnings Volatility / QualityAn outsized, volatile FY2026 net income reduces confidence in earnings repeatability and forecasting. Persistent volatility undermines planning, raises the risk of subsequent earnings reversals, and complicates assessment of sustainable returns over the medium term.
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 ₹1.50B.
When is Dev Information Technology Ltd’s upcoming earnings report date?
Dev Information Technology Ltd’s upcoming earnings report date is Aug 06, 2026 which is in 2 days.
How were Dev Information Technology Ltd’s earnings last quarter?
Dev Information Technology Ltd released its earnings results on May 28, 2026. The company reported ₹1.59 earnings per share for the quarter, beating the consensus estimate of N/A by ₹1.59.
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 0.38%. 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 ₹1.59 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went same 0%.
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, 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.
Technical Analysis
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