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DEVIT logo

Dev Information Technology NSEI:DEVIT Stock Report

Last Price

₹149.96

Market Cap

₹3.4b

7D

-1.8%

1Y

-9.6%

Updated

19 Dec, 2024

Data

Company Financials

Dev Information Technology Limited

NSEI:DEVIT Stock Report

Market Cap: ₹3.4b

My Notes

Capture your thoughts, links and company narrative

Dev Information Technology Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Dev Information Technology
Historical stock prices
Current Share Price₹149.96
52 Week High₹185.00
52 Week Low₹94.00
Beta-0.0039
1 Month Change-5.34%
3 Month Change13.99%
1 Year Change-9.55%
3 Year Change355.81%
5 Year Change756.91%
Change since IPO869.05%

Recent News & Updates

Dev Information Technology Limited's (NSE:DEVIT) Shares Leap 26% Yet They're Still Not Telling The Full Story

Nov 24
Dev Information Technology Limited's (NSE:DEVIT) Shares Leap 26% Yet They're Still Not Telling The Full Story

Recent updates

Dev Information Technology Limited's (NSE:DEVIT) Shares Leap 26% Yet They're Still Not Telling The Full Story

Nov 24
Dev Information Technology Limited's (NSE:DEVIT) Shares Leap 26% Yet They're Still Not Telling The Full Story

Dev Information Technology (NSE:DEVIT) Is Paying Out A Dividend Of ₹0.25

Sep 22
Dev Information Technology (NSE:DEVIT) Is Paying Out A Dividend Of ₹0.25

Dev Information Technology (NSE:DEVIT) Will Pay A Dividend Of ₹0.25

Sep 08
Dev Information Technology (NSE:DEVIT) Will Pay A Dividend Of ₹0.25

Optimistic Investors Push Dev Information Technology Limited (NSE:DEVIT) Shares Up 27% But Growth Is Lacking

Jul 05
Optimistic Investors Push Dev Information Technology Limited (NSE:DEVIT) Shares Up 27% But Growth Is Lacking

Dev Information Technology's (NSE:DEVIT) Profits Appear To Have Quality Issues

Jun 07
Dev Information Technology's (NSE:DEVIT) Profits Appear To Have Quality Issues

Here's Why We Think Dev Information Technology (NSE:DEVIT) Might Deserve Your Attention Today

May 09
Here's Why We Think Dev Information Technology (NSE:DEVIT) Might Deserve Your Attention Today

Not Many Are Piling Into Dev Information Technology Limited (NSE:DEVIT) Stock Yet As It Plummets 30%

Mar 13
Not Many Are Piling Into Dev Information Technology Limited (NSE:DEVIT) Stock Yet As It Plummets 30%

Dev Information Technology Limited's (NSE:DEVIT) P/E Is Still On The Mark Following 29% Share Price Bounce

Dec 23
Dev Information Technology Limited's (NSE:DEVIT) P/E Is Still On The Mark Following 29% Share Price Bounce

Here's Why We Think Dev Information Technology (NSE:DEVIT) Might Deserve Your Attention Today

Dec 16
Here's Why We Think Dev Information Technology (NSE:DEVIT) Might Deserve Your Attention Today

It's Unlikely That Dev Information Technology Limited's (NSE:DEVIT) CEO Will See A Huge Pay Rise This Year

Sep 24
It's Unlikely That Dev Information Technology Limited's (NSE:DEVIT) CEO Will See A Huge Pay Rise This Year

Does Dev Information Technology (NSE:DEVIT) Deserve A Spot On Your Watchlist?

Jun 29
Does Dev Information Technology (NSE:DEVIT) Deserve A Spot On Your Watchlist?

Has Dev Information Technology Limited's (NSE:DEVIT) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

Feb 08
Has Dev Information Technology Limited's (NSE:DEVIT) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

Shareholder Returns

DEVITIN ITIN Market
7D-1.8%-0.3%-1.9%
1Y-9.6%24.4%24.7%

Return vs Industry: DEVIT underperformed the Indian IT industry which returned 24.4% over the past year.

Return vs Market: DEVIT underperformed the Indian Market which returned 24.7% over the past year.

Price Volatility

Is DEVIT's price volatile compared to industry and market?
DEVIT volatility
DEVIT Average Weekly Movement8.4%
IT Industry Average Movement6.4%
Market Average Movement6.2%
10% most volatile stocks in IN Market9.1%
10% least volatile stocks in IN Market4.1%

Stable Share Price: DEVIT's share price has been volatile over the past 3 months compared to the Indian market.

Volatility Over Time: DEVIT's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1997971Jaimin Shahwww.devitpl.com

Dev Information Technology Limited provides information technology enabled services in India 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 bespoke software, 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.

Dev Information Technology Limited Fundamentals Summary

How do Dev Information Technology's earnings and revenue compare to its market cap?
DEVIT fundamental statistics
Market cap₹3.37b
Earnings (TTM)₹177.60m
Revenue (TTM)₹1.47b

19.0x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DEVIT income statement (TTM)
Revenue₹1.47b
Cost of Revenue₹1.26b
Gross Profit₹201.21m
Other Expenses₹23.61m
Earnings₹177.60m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)7.90
Gross Margin13.73%
Net Profit Margin12.12%
Debt/Equity Ratio35.3%

How did DEVIT perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

6%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 00:15
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Dev Information Technology Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution