お知らせ • Mar 25
Dev Accelerator Limited announced that it expects to receive INR 237.499763 million in funding Dev Accelerator Limited announced a private placement to issue Convertible Warrants for gross proceeds of INR 150,000,000 and Equity Shares of INR 200,000,000; aggregate gross proceeds of INR 350,000,000 on March 24, 2026. The transaction included participation from Promoters and Non-Promoter investor. The transaction is subject to shareholder approval and applicable regulatory compliances.
On the same day, It has issued 3,333,330 Convertible Warrants at a price of INR 11.25 per warrant for gross proceeds of INR 37,499,962.5 and 4,444,440 Equity Shares at a price of INR 45 per share for proceeds of INR 199,999,800. aggregate proceeds are INR 23,74,99,762.5 and Warrant Exercise Price is INR 33.75. New Risk • Mar 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.1x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹3.61b market cap, or US$38.9m). お知らせ • Feb 19
Dev Information Technology Limited (NSEI:DEVIT) and Aaryan Jaxay Shah completed the acquisition of 38% stake in Scaleax Advisory Private Limited from Dev Accelerator Limited (NSEI:DEVX). Dev Information Technology Limited (NSEI:DEVIT) and Aaryan Jaxay Shah agreed to acquire 38% stake in Scaleax Advisory Private Limited from Dev Accelerator Limited (NSEI:DEVX) for INR 0.38 million on January 31, 2026. As part of the transaction, Dev Information Technology Limited and Aaryan Jaxay Shah will each own 19% stake in Scaleax Advisory Private Limited.
The transaction is subject to approval of target and acquirer board. The deal has been approved by the board of Dev Accelerator Limited. The expected completion of the transaction is in the next 30 days. As of February 10, 2026, the deal has been approved by the board of Dev Information Technology Limited.
Dev Information Technology Limited (NSEI:DEVIT) and Aaryan Jaxay Shah completed the acquisition of 38% stake in Scaleax Advisory Private Limited from Dev Accelerator Limited (NSEI:DEVX) on February 18, 2026. New Risk • Feb 03
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.1x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.1x net interest cover). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₹3.36b market cap, or US$37.1m). お知らせ • Feb 02
Dev Information Technology Limited (NSEI:DEVIT) and Aaryan Jaxay Shah agreed to acquire 38% stake in Scaleax Advisory Private Limited from Dev Accelerator Limited (NSEI:DEVX) for INR 0.38 million. Dev Information Technology Limited (NSEI:DEVIT) and Aaryan Jaxay Shah agreed to acquire 38% stake in Scaleax Advisory Private Limited from Dev Accelerator Limited (NSEI:DEVX) for INR 0.38 million on January 31, 2026. As part of the transaction, Dev Information Technology Limited will purchase 19,000 equity shares and Aaryan Jaxay Shah will purchase 19,000 equity shares of Scaleax Advisory Private Limited.
The transaction has been approved by the board of directors of Dev Accelerator Limited. Proposed Transaction will be completed within next 30 days. Reported Earnings • Feb 01
Third quarter 2026 earnings released: ₹0.15 loss per share (vs ₹0.10 profit in 3Q 2025) Third quarter 2026 results: ₹0.15 loss per share (down from ₹0.10 profit in 3Q 2025). Revenue: ₹607.2m (up 22% from 3Q 2025). Net loss: ₹9.93m (down 245% from profit in 3Q 2025). お知らせ • Jan 20
Dev Accelerator Limited to Report Q3, 2026 Results on Jan 31, 2026 Dev Accelerator Limited announced that they will report Q3, 2026 results at 12:08 PM, Indian Standard Time on Jan 31, 2026 Reported Earnings • Nov 12
Second quarter 2026 earnings released: EPS: ₹0.26 (vs ₹0.10 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.26 (up from ₹0.10 in 2Q 2025). Revenue: ₹544.8m (up 9.5% from 2Q 2025). Net income: ₹17.7m (up 158% from 2Q 2025). Profit margin: 3.2% (up from 1.4% in 2Q 2025). お知らせ • Nov 05
Dev Accelerator Limited to Report Q2, 2026 Results on Nov 11, 2025 Dev Accelerator Limited announced that they will report Q2, 2026 results at 4:00 PM, Indian Standard Time on Nov 11, 2025 Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹42.73, the stock trades at a trailing P/E ratio of 49.1x. Average trailing P/E is 35x in the Real Estate industry in India. Reported Earnings • Oct 08
First quarter 2026 earnings released First quarter 2026 results: EPS: ₹0.02. Net income: ₹1.33m (up ₹1.33m from 1Q 2025). お知らせ • Oct 01
Dev Accelerator Limited to Report Q1, 2026 Results on Oct 07, 2025 Dev Accelerator Limited announced that they will report Q1, 2026 results on Oct 07, 2025 Board Change • Sep 16
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Independent Director Anand Patel was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.