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Dev Information Technology LimitedNSEI:DEVIT Stock Report

Market Cap ₹1.6b
Share Price
₹27.71
₹16.61
66.9% overvalued intrinsic discount
1Y-38.5%
7D-8.4%
Portfolio Value
View

Dev Information Technology Limited

NSEI:DEVIT Stock Report

Market Cap: ₹1.6b

DEVIT Community Fair Values

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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₹27.71
52 Week High₹50.89
52 Week Low₹22.25
Beta-0.31
1 Month Change-8.88%
3 Month Change0.84%
1 Year Change-38.46%
3 Year Change-35.59%
5 Year Change214.17%
Change since IPO347.66%

Recent News & Updates

Recent updates

Analysis Article Sep 09

Dev Information Technology (NSE:DEVIT) Is Due To Pay A Dividend Of ₹0.25

The board of Dev Information Technology Limited ( NSE:DEVIT ) has announced that it will pay a dividend of ₹0.25 per...
Analysis Article Jul 02

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

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Jan 29

Is Dev Information Technology (NSE:DEVIT) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Nov 24

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

The Dev Information Technology Limited ( NSE:DEVIT ) share price has done very well over the last month, posting an...
Analysis Article Sep 22

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

The board of Dev Information Technology Limited ( NSE:DEVIT ) has announced that it will pay a dividend on the 30th of...
Analysis Article Sep 08

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

Dev Information Technology Limited ( NSE:DEVIT ) will pay a dividend of ₹0.25 on the 30th of October. This means the...
Analysis Article Jul 05

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

Dev Information Technology Limited ( NSE:DEVIT ) shareholders are no doubt pleased to see that the share price has...
Analysis Article Jun 07

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

The recent earnings posted by Dev Information Technology Limited ( NSE:DEVIT ) were solid, but the stock didn't move as...
Analysis Article May 09

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

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Mar 13

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

Dev Information Technology Limited ( NSE:DEVIT ) shareholders that were waiting for something to happen have been dealt...
Analysis Article Dec 23

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

Dev Information Technology Limited ( NSE:DEVIT ) shares have had a really impressive month, gaining 29% after a shaky...
Analysis Article Dec 16

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

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Sep 24

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

Key Insights Dev Information Technology's Annual General Meeting to take place on 30th of September Salary of ₹5.79m is...
Analysis Article Jun 29

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

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Feb 08

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

Dev Information Technology's (NSE:DEVIT) stock is up by a considerable 9.3% over the past month. Given that stock...

Shareholder Returns

DEVITIN ITIN Market
7D-8.4%-5.4%-2.8%
1Y-38.5%-30.1%-1.2%

Return vs Industry: DEVIT underperformed the Indian IT industry which returned -30.1% over the past year.

Return vs Market: DEVIT underperformed the Indian Market which returned -1.2% over the past year.

Price Volatility

Is DEVIT's price volatile compared to industry and market?
DEVIT volatility
DEVIT Average Weekly Movement10.4%
IT Industry Average Movement7.9%
Market Average Movement7.1%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.8%

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 (10%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1997924Jaimin Shahwww.devitpl.com

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.

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₹1.56b
Earnings (TTM)₹679.17m
Revenue (TTM)₹1.87b
2.3x
P/E Ratio
0.8x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DEVIT income statement (TTM)
Revenue₹1.87b
Cost of Revenue₹1.74b
Gross Profit₹131.38m
Other Expenses-₹547.79m
Earnings₹679.17m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)12.05
Gross Margin7.02%
Net Profit Margin36.28%
Debt/Equity Ratio18.2%

How did DEVIT perform over the long term?

See historical performance and comparison

Dividends

0.7%
Current Dividend Yield
0.8305%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/18 20:04
End of Day Share Price 2026/05/18 00:00
Earnings2025/12/31
Annual Earnings2025/03/31

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.

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 Github.

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.