Dev Information Technology Ltd (IN:DEVIT)
:DEVIT
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
₹1.53B
Enterprise Value₹1.72B
Total Cash (Recent Filing)₹19.05M
Total Debt (Recent Filing)₹0.00
Price to Earnings (P/E)―
Beta1.22
Next Earnings
May 19, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.49%
Share Statistics
EPS (TTM)-1.29
Shares Outstanding56,335,230
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
Revenue GrowthSustained ~15% revenue growth demonstrates persistent market demand and successful client engagement in IT services. Over the next 2–6 months this growth underpins scale benefits, supports reinvestment in capabilities, and provides a durable base for margin expansion if maintained.
Improving Net MarginsMaterial improvement in net profit margins reflects better cost management and operational efficiency. Higher margins improve free cash flow potential and resilience to revenue variability, enabling sustained investment in services and cushioning against sector cyclicality over multiple quarters.
Capitalization & ROEA stable equity ratio indicates a well-capitalized balance sheet, while rising ROE shows improving returns on shareholder capital. Together these factors support financial flexibility for strategic investments and reduce solvency risk, strengthening the firm’s long-term competitive positioning.
Bears Say
Negative Operating Cash FlowPersistent negative operating cash flows erode liquidity and force reliance on external financing or asset sales. Over several quarters this can constrain R&D, hiring, or client delivery investments, raising execution risk and making growth less sustainable without cash-flow recovery.
Rising LeverageAn increasing debt-to-equity trend elevates interest and refinancing risk and reduces financial flexibility. If leverage continues to climb while cash generation is weak, the company may face higher funding costs or tighter covenant constraints, limiting strategic options in the medium term.
Volatile Gross MarginVolatility in gross margins suggests variability in pricing, delivery efficiency, or input costs. This unpredictability hampers reliable earnings conversion and planning, potentially undermining sustained margin improvements and complicating capital allocation decisions over coming quarters.
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 ₹1.53B.
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 53 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 56,335,230 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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